Enterprise Financial News

21.06 / 11:04

markets Enterprise WhatsApp Nestle Updates International Stock market update: Fertilisers stocks down as market falls

The Fertilisers and Chemicals Travancore Ltd.(up 4.05%) stood among the top gainers.

21.06 / 10:09

UPS Waters security Enterprise WhatsApp country Triveni Engineering buys addl 36.34 pc stake in sugar firm Sir Shadi Lal Enterprises for Rs 45 cr

Triveni Engineering & Industries Ltd has acquired an additional 36.34 per cent stake in sugar firm Sir Shadi Lal Enterprises Ltd for Rs 45 crore. The company is one of the largest integrated sugar producers in the country, a leading player in engineered-to-order high-speed gears & gearboxes, and water and wastewater management business. In a regulatory filing on Thursday, Triveni said it has acquired an additional 36.34 per cent stake in Sir Shadi Lal Enterprises Ltd.

21.06 / 10:09

Target Enterprise trends shooting social reports Courts Crime in North India: How women are becoming instrumental for gangs like Lawrence Bishnoi

Anu Dhankad’s involvement in the Burger King shooting is just one instance of this disturbing trend. As per a report by The Times of India, gang leaders are leveraging social media to recruit women fascinated by crime, drawing them into their syndicates. These women aren't mere accomplices but play multifaceted roles from honey-trapping targets to executing reconnaissance and even participating in lethal operations, recent cases reveal, the report stated.

21.06 / 07:39

Provident economy Enterprise Diversity country inclusion Why the Government needs a Budget: Understanding the importance and role

Union Budget 2024: Any political party that forms the government, with majority or in coalition, in India has a set of responsibilities towards society, politics, and the economy. It is especially essential to relocate with resources in a way that allows a country that is as diverse as India, with its rich cultural, religious, and economic tapestry to move ahead in the right direction. Uplifting underprivileged sections of society, ensuring financial inclusion, reducing regional disparities, strengthening defense capabilities, providing quality education, and much more are part of the government’s long list of work that is voted for. Thus, a well-planned budget is of utmost importance for any government to achieve economic stability and growth.

21.06 / 05:33

COST Digital Booking security Enterprise reports Accenture secures GenAI orders worth $2 billion in first nine months of FY24

GenAI projects during the second and first quarters, respectively. The third quarter saw Accenture's total order bookings hit $21.1 billion, with GenAI deals accounting for 4.3% of this total, a significant increase from the 0.6% share in the year-ago period.

21.06 / 04:15

UPS security Enterprise Trade Indus reports F&O Ban: HAL, Indus Towers among 7 stocks under trade ban on Friday

Balrampur Chini Mills, Birlasoft, GNFC, Hindustan Aeronautics, Hindustan Copper, Indus Towers and Piramal Enterprises. On Friday, Chambal Fertilisers, SAIL, and India Cements emerged from the ban list, while Birlasoft and GNFC were added to it.

21.06 / 03:03

IPO Provident Enterprise WhatsApp Religare IPO before July 12

Burman family said: «We remain committed to completing the Open Offer in the interest of public shareholders of Religare Enterprises Ld.» In response to the Sebi order, a Religare spokesperson said: «As per Sebi's advisory the company will apply for the fit and proper status of the acquirers for the open offer to the concerned regulators including the RBI.»

20.06 / 21:17

Provident CEO Platform Gap Enterprise recommendations rights Wealth tech firm MyVest strikes retirement income partnership

MyVest, a prominent provider of enterprise wealth management technology to deliver personalized, tax-efficient retirement income solutions through a new collaboration.

20.06 / 21:17

markets Career CEO Strategy Enterprise community Profiles Stifel taps ex-Merrill Lynch leader in continued growth push

Stifel is strengthening its push for growth as it welcomes a seasoned wealth management leader into its ranks.

20.06 / 15:39

markets IPO Provident Enterprise Winny Immigration IPO: SME issue fully subscribed on day 1, NIIs bid highest: Check latest GMP, subscription status

Winny Immigration IPO: The initial public offering (IPO) of the small and medium-sized enterprise (SME) Winny Immigration and Education Services Ltd opened for subscription on Thursday, June 20 and was fully subscribed at 10.12 times by the end of today's session, according to stock exchange data. The SME IPO of the visa service provider will remain open for investors till June 24, 2024.Winny Immigration IPO offers a total of 652,000 shares.

20.06 / 15:31

Digital CEO Enterprise community Trade country International Global Economic Summit 2024 to empower MSMEs through fintech solutions

Against this backdrop, World Trade Center Mumbai and the All India Association of Industries are set to host the 9th edition of their flagship event, the Global Economic Summit, themed ‘FinTech: Accelerating the Digital Revolution,’ from August 8-10, 2024. The summit will discuss pathways and strategies to meet the unmet credit needs of micro, small and medium enterprises (MSMEs), women entrepreneurs, and underserved communities through digital solutions such as paperless credit, account aggregator framework, cash-flow-based funding, alternative credit scoring methods, and so on. Moreover, central banks are encouraging their traditional banks to deploy technologies to promote digital supply chain financing for MSMEs and digital payments.

20.06 / 15:05

CEO security Enterprise Cycling social exclusive International Ex-OpenAI cofounder starts new company to prioritize safe creation of Superintelligent AI

OpenAI in May, revealed on Wednesday via social media that he has established Safe Superintelligence Inc. alongside co-founders Daniel Gross and Daniel Levy.

20.06 / 14:29

Provident BLOCK Waters Enterprise classical Features Best Formal Shoes for Men under 500 in India for Formal Outfits (2024)

In this article, we have curated a list of the best formal shoes for men under 500 in India. These shoes are of great quality while they will also fall under your budget. Go through the complete list shared in the article below, find the one that suits you best and place your order using the buying link shared below.

20.06 / 11:15

markets UPS security Enterprise Trade Updates Stock market update: Nifty Realty index advances 2.02%

Shares of Prestige Estates Projects Ltd.(up 7.84 per cent), Macrotech Developers Ltd.(up 2.48 per cent), Brigade Enterprises Ltd.(up 1.72 per cent), DLF Ltd.(up 1.71 per cent) and Sobha Ltd.(up 1.42 per cent) ended the day as top gainers in the pack.

20.06 / 11:15

COST UPS Booking Enterprise Trade reports Accenture forecasts 2024 revenue growth above estimates on AI demand

Accenture projected annual revenue growth largely above estimates on Thursday, as growing adoption of artificial intelligence offsets sluggish growth in enterprise spending, sending its shares up 3% in premarket trading. Generative AI technologies used to automate certain operations are helping companies boost productivity and save costs.

20.06 / 06:09

Target Progressive security Enterprise Highways performer country Centre monetizes assets worth Rs 3.85 lakh crore; Coal and Roads ministry top contributors

Public Sector Enterprises (PSEs). In the 2021-22 budget, the government announced plans to monetize potential core assets of the central government and PSEs. The National Monetisation Pipeline (NMP), developed by Niti Aayog in consultation with concerned ministries, aims to monetize assets over a four-year period starting from FY22, with assets tottaling Rs 6 lakh crore earmarked for monetization.

20.06 / 01:11

markets Digital Enterprise Bill Experts information Schools Citing overlaps, experts seek rejig of Digital Competition Bill

digital competition bill for the second day on Wednesday, where the participants flagged that placing or imposing foreign regulation approaches such as the «ex-ante law» would lead to the destruction of value and access to digital public goods and infrastructure. «We flagged the impact on startups and their funding. The overlap of the proposed regulation (digital competition bill) with existing laws and regulations such as the Information Technology Act of 2000 and the Information Technology Rules of 2021 were highlighted. There is a need for more consultation on the subject and the current draft needs to be revisited,» a think-tank executive who participated in the meeting, said.

19.06 / 15:39

UPS Target Progressive security Enterprise Highways Assets worth Rs 1.56 lakh crore monetised in 2023-24 as against the target of Rs 1.8 lakh crore under NMP: NITI Aayog

monetised assets worth Rs 1.56 lakh crore in 2023-24 as against the target of Rs 1.8 lakh crore under the National Monetisation Pipeline (NMP), taking the total monetisation to Rs 3.85 lakh crore in three years since the launch of the programme in 2020-21, NITI Aayog said on Wednesday. Under the NMP, the government had envisaged monetising assets worth Rs 6 lakh crore during the four year period from 2021-22 to 2024-25. Cumulative monetisation in 2021-22 and 2022-23 stood at Rs 2.30 lakh crore as against the target of Rs 2.5 lakh crore. According to the Aayog, the ministry of road transport and highways and the ministry of coal were the top two achievers with a total monetisation receipts of Rs 97,000 crore.

19.06 / 14:15

markets Digital Platform Enterprise electronic Schools Pharmaceuticals Supermoney bags $3.4 million in funding round led by Capital 2B, Capria Ventures

digital lending platform Supermoney has raised $3.4 million (Rs 28.6 crore) in a funding round led by Capital 2B and Capria Ventures. The funds will be used to expand the company’s loan disbursement activities and improve operational efficiencies by leveraging technology.

19.06 / 13:59

markets Digital Sustainability Enterprise innovations 2020 Features DBS Bank India Partners with Climes to Make BusinessClass foundED Events Carbon Neutral

This partnership allows the bank to measure the carbon emissions from each foundED event using Climes' carbon neutral event calculator. Once the emissions are calculated, DBS Bank India will neutralise them by encouraging event attendees to select the carbon avoidance and removal projects they want the bank to support.

19.06 / 10:45

markets UPS IPO Booking Enterprise Divinity band Divine Power Energy IPO price band fixed at ₹36-40: check issue size, key dates and other details

₹36-40. The Issue opens for subscription on Tuesday 25 June 2024 The Small and Medium Enterprises (SME) IPO that opens on 25 June'2024, will be available for subscription for investors till 27 June 2024. Opening day for Anchor Book is Monday, June 24.' 2024.On Friday, June 28, 2024, the allotment for the Divine Power IPO is anticipated to be completed.

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