Electronic Financial News

21.09 / 12:19
IPO Manufacturing FedEx band electronic exclusive Kundan Edifice IPO allotment finalised: GMP, here's how to check allotment status
IPO listing is scheduled to take place on Tuesday, September 26 on NSE SME. If you have applied for the Kundan Edifice IPO , you can check your allotment status immediately on the website of the IPO registrar, Cameo Corporate Services Ltd. You can check the Kundan Edifice IPO allotment status of your application on this Kundan Edifice IPO allotment link- https://ipo.cameoindia.com/ Visit Kundan Edifice IPO's registrar's website - https://ipo.cameoindia.com/ Select the name of the company 'Kundan Edifice' from the dropbox Pick one of all three options to check the status: Application No., Demat Account, or PAN.
21.09 / 11:03
UPS Whirlpool show electronic Deal EU antitrust regulators set Oct. 23 deadline for Arcelik, Whirlpool deal
BRUSSELS (Reuters) — EU antitrust regulators will decide by Oct. 23 whether to clear Turkish domestic appliances maker Arcelik's proposed purchase of Whirlpool (NYSE:WHR)'s European domestic appliances business, an European Commission filing showed on Thursday.
21.09 / 10:59
Provident Tesla Forrester Solomonic performer electronic Department EVs to robots: Hastings rare earths boss eyes lithium’s ascent
The new chief executive of Wyloo-backed Hastings Technology Metals, Paul Brown, hopes robots will be to the rare earths industry what electric vehicles are to lithium producers.
21.09 / 10:37
Platform economy track country electronic information reports CBAM EU CBAM, other laws to impact $37 billion of India’s exports
non-tariff measures (NTM) including the Carbon Border Adjustment Mechanism (CBAM). Some of the recent regulations that can prove to be NTMs include the EU’s CBAM and Deforestation-free Regulation (EUDR), and the United States’ Inflation Reduction Act, it said.
21.09 / 08:23
Microsoft Platform Mobile Interface Xbox Destiny electronic Destiny 2 developer Bungie faces massive crafting glitch and DDoS attacks; Here are details
Destiny 2, the popular online multiplayer game, has recently found itself in a double bind. Developer Bungie is grappling with a significant crafting glitch, allowing players to create overpowered weapons, and a series of distributed denial-of-service (DDoS) attacks affecting the game's stability.
21.09 / 04:09
UPS Digital Manufacturing CEO NVIDIA country electronic Nvidia CEO Jensen Huang touts India as major AI market in bid to hedge China risks
Nvidia Corp. Chief Executive Officer Jensen Huang visited four cities, dined with tech executives and researchers, took numerous selfies, and sat for a one-on-one conversation with Prime Minister Narendra Modi about the AI sector. Huang’s India itinerary was so crammed that he confessed to surviving entire work days on spicy masala omelets and cold coffees. Huang may have been treated like a head of state, but the trip’s purpose was all business. For Nvidia, whose graphics processors are vital to the development of artificial intelligence systems, the South Asian nation of 1.4 billion people presents a rare opportunity.
20.09 / 17:31
Lowe's Target FIVE performer electronic recommendations 5 Stocks With Alarming Bankruptcy Potential According to the Altman Z-Score
Buying or holding stocks with a low Altman Z-score is never a good idea
20.09 / 16:55
Citi Merit stage electronic reports bail City court dismisses DMK Minister Senthil Balaji's bail plea
DMK Minister V Senthil Balaji, who was arrested by the Enforcement Directorate earlier in connection with a money laundering case in June. Dismissing the petition, Principal Sessions Judge S Alli said an earlier bail application filed by the petitioner on June 14, 2023 was dismissed by this court two days later.
20.09 / 14:33
COST Bill electronic innovations India's space programme is getting self-reliant: Nirmala Sitharaman
Hindustan Aeronautics Ltd and Bharat Heavy Electricals Ltd contributed innovatively to the Chandrayaan project and helped in cutting costs, numerous private sector firms in India have also contributed to this, particularly in the realms of mechanical and electronic fabrication. The minister emphasised that advanced technology is coming not just from these state-owned entities, but also from private players and that their high-end technology has made an immense contribution to the efficiency of these projects.
20.09 / 11:23
UPS Target Reuters Manufacturing country electronic India plans over Rs 18,000 cr in incentives for new manufacturing sectors
India is planning to offer incentives of up to Rs 18,000 crore ($2.2 billion) to spur local manufacturing in six new sectors including chemicals, shipping containers and inputs for vaccines, two government officials said. The proposal is part of the country's Rs 1.97 lakh crore-production-linked incentive scheme (PLI), launched in 2020 which currently targets 14 sectors ranging from electronic products to drones, but has been successful only in a handful of them. A fraction of the PLI incentives has been claimed so far, prompting the government to allocate unused funds to new sectors. Limited payouts under the scheme could lead to «large» savings which may be redirected to new sectors, the two government officials with knowledge of the plan said. They did not wish to be named as details of the plan have not been made public. India's federal trade ministry that oversees the scheme's implementation did not immediately respond to an emailed request for comment. The six new sectors that could join the PLI scheme also include toys, bicycles, leather and footwear, the officials said.
20.09 / 08:41
UPS Booking AXY Highways electronic Neelkanth Mishra on link between market and government’s commitments towards road, defence & railways
Neelkanth Mishra, Chief Economist, Axis Bank; Head of Global Research, Axis Capital, says coming to “investment themes, I am observing that because everyone wants to invest in defence and railways, there is a very steady rise in price-to-earnings multiples without an appropriate visibility on what is happening with their own order books. Will they be able to participate in this? Will they be able to compete in this? Even on something like electronics, there is a very good probability that India's electronics ecosystem will continue to grow.”Capex seems to be focused around infrastructure development. Road has been a resounding success. Now it is tilting towards defence and railways. While the shift is happening, equity markets have been mighty excited. We know about the rally in defence, railway and shipbuilding stocks. What is the right way of understanding these government commitments towards shipbuilding, road, defence, railways? Can you connect the equity market outlook?The central government can control these sectors directly. National highways, railways, defence are central subjects and this is where the central government can play a big role. On the road side, it is unreasonable to expect that if you are already doing 15,000-16,000 km a year, you will be able to do much more than 18,000-20,000 km a year. So incremental growth in terms of the pace of construction at the national highway level may not really accelerate from here.
20.09 / 08:37
UPS Provident Lowe's Digital Citizens electronic Data Protection Board to be set up within 30 days: MoS IT Rajeev Chandrasekhar
Data Protection Board (DPB) under the Digital Personal Data Protection (DPDP) Act, 2023, will be in place in the next 30 days, minister of state for electronics and IT, Rajeev Chandrasekhar said here on Wednesday. «This window between now and the DPB’s constitution is not a holiday… The law is in effect (already),» Chandrasekhar said at an industry consultation on the Rules for the DPDP Act, which became a law in August. He added that breaches that come up during the intervening period will be taken up by the Board once it is constituted.
20.09 / 07:35
UPS Manufacturing Software Huawei electronic Exclusive-Huawei unit ships Chinese-made surveillance chips in fresh comeback sign -sources
BEIJING/SHANGHAI (Reuters) — A Huawei Technologies unit is shipping new Chinese-made chips for surveillance cameras in a fresh sign the Chinese tech giant is finding ways around four years of U.S. export controls, two sources briefed on the unit's efforts said.
20.09 / 03:03
COST Provident Mobile performer voice electronic Trai proposes over 50% cut in entry fee for licenses, rejects telcos call to scrap BGs
Telecom Regulatory Authority of India has proposed slashing entry fees for various licences by over 50%, a move aimed at promoting entry of new players in the sector. The authority, however, has proposed to continue with the practice of submitting bank guarantees (BG) for various licences, rejecting telcos' calls to scrap them. All the three private telecom operators wanted the BGs scrapped, so that more working capital could be freed for expansion of mobile broadband networks.
20.09 / 02:09
UPS Citi FIVE Highways show electronic Bengaluru news: Property prices in India's Silicon Valley are set to go up from next month. Here is why
Bengaluru are set to go up from next month, as the state government is mulling an increase in ‘guidance value’. Karnataka Revenue Minister Krishna Byre Gowda on September 19 said that the new revised "guidance value" of properties will come into force from October 1. The guidance value is the minimum selling price of a property fixed by the government, depending on the locality and type of structure.
20.09 / 01:49
UPS Aware Career Strategy performer Inside electronic Banking job cuts and the curse of fake-nice company culture
Losing a job is never easy, but if you lose your job in a bank the transition is generally so abrupt that however much you’re aware of the inherent likelihood of being cut at some point in your career, it will come as a shock.
20.09 / 01:03
COST UPS Digital Manufacturing Micron country electronic Micron set to break ground for chip unit
Micron Technology is scheduled to break ground for its semiconductor testing and assembly plant in Gujarat’s Sanand on Saturday, barely three months after the US chipmaker announced its intent to set up the unit. “The whole world is watching our semiconductor programme,” Union minister for electronics and information technology Ashwini Vaishnaw told ET.
19.09 / 18:59
UPS Citi IPO Platform beautiful electronic Yet to finalize PE, IPO route to raise funds: Unicommerce
startups. “That’s just one factors, there are other factors in terms of our journey. There are obviously implications of us going for an IPO, so I think all those factors are being evaluated including macros and the overall market." Unicommerce offers end-to-end fulfilment solutions, such as procurement, multi-vendor management, inventory, multichannel solutions, reporting, warehouses, drop shipments, inventory management and returns to brands for retailers across online channels.
19.09 / 18:59
UPS Manufacturing Mobile Apple Samsung electronic Govt weighs PLI in wearables; move may boost localization
New Delhi/ Mumbai: The Union government is weighing the introduction of a production-linked incentive (PLI) scheme for wearables, including hearing devices, to boost local production by both Indian and global companies. “We’re exploring whether there’s a need for it. It’s the fastest-growing category (for consumer goods).
19.09 / 16:43
UPS Enterprise AGRO electronic IAS Ashutosh Niranjan appointed as Deputy Secretary in the MSME Ministry
2010-batch Indian Administrative Services Officer of the Uttar Pradesh Cadre Ashutosh Niranjan has been appointed the Deputy Secretary in the Ministry of Micro, Small, and Medium Enterprises. The Appointments Committee of the Cabinet (ACC), Department of Personnel and Training under the Ministry of Personnel, Public Grievances and Pensions on September 18, approved his appointment. 
19.09 / 15:47
Citi Provident Platform country electronic Govt to link 28 more mandis to eNAM: Agri Secretary
wholesale mandis (market yards) with the online trading platform eNAM, taking the total count to 1,389 in the country, Agriculture Secretary Manoj Ahuja said on Tuesday.

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