Experts Financial News

12.12 / 04:55
markets Art Micron Trade Experts Updates orienteering Stock market update: Mining stocks down as market falls
Madhav Marbles & Granites Ltd.(up 1.09%) and 20 Microns Ltd.(up 0.86%) were among the top gainers.
12.12 / 03:35
markets UPS Strategy Trade Experts reports recommendations Grasim Industries shares in focus as board approve raising up to Rs 2,000 crore via NCDs
Grasim Industries shares will remain in focus on Thursday after the company approved the issuance of non-convertible debentures worth up to Rs 2,000 crore in one or more tranches, according to an exchange filing. The flagship company of the Aditya Birla Group will issue the NCDs on a private placement basis. The decision was made by the firm's finance committee of the board of directors in a meeting on Wednesday, it said.
12.12 / 03:35
markets UPS Target security Analysis Trade Experts Buy UTI AMC., target price Rs 1,600: Motilal Oswal Financial Services
buy call on UTI Asset Management Company with a target price of Rs 1,600. The current market price of UTI Asset Management Company is Rs 1366. UTI AMC., incorporated in 2002, is a Small Cap company with a market cap of Rs 17470.73 crore, operating in Financial Services sector. UTI Asset Management Company Ltd. key products/revenue segments include Sale of services, Income From Sale Of Share & Securities, Interest and Rental Income for the year ending 31-Mar-2024.
12.12 / 03:35
markets Manufacturing Analysis Research Trade Experts information Godawari Power shares in focus on signing a 7-year contract with GAIL
RLNG gas supply agreement with GAIL for 7 years. “We would like inform you Our Company has entered into an agreement with GAIL (India) Limited (GAIL) and exchanged the document at Raipur on 10.12.2024 for supply of RLNG Gas for Company's upcoming pellet plant in the ordinary course of business for a period of 7 years,” said the company in a filing to the exchanges.
12.12 / 03:35
markets Digital Software President Experts PAM country "Meeting Adani is not sin": Tamil Nadu BJP chief Annamalai slams DMK and Congress
Tamil Nadu BJP President K Annamalai on Wednesday defended meeting industrialist Gautam Adani, calling it «not a sin» and accusing Congress and DMK of misleading the public with their protests over Adani's ties to the party. «He is a businessman in our country. Every single state government wants to roll a red carpet for inviting big industrialists to their global investor summit. It is the Congress and DMK MPs that started this bogus protest outside the Parliament saying that 'Adani-BJP Ek Hai.' Since CM (MK Stalin) said he has not met Adani, we are making a charge against him. Don't hoodwink Tamil Nadu people… You should acknowledge that Adhas done business in Tamil Nadu,» Annamalai said. Meanwhile, Congress on Tuesday denied BJP's allegations of links to billionaire George Soros. Congress spokesperson Supriya Shrinate called the claims «baseless» and said they were a diversion from the Adani controversy.
12.12 / 03:35
markets Digital Software Experts Justice PAM Courts Supreme Court to hear pleas challenging Places of Worship Act-1991 today
Supreme Court is set to hear a series of Public Interest Litigations (PILs) today, challenging the validity of specific sections of the Places of Worship (Special Provisions) Act, 1991. This law prohibits filing lawsuits to reclaim or alter the character of places of worship as they stood on August 15, 1947. The matter will be taken up by a three-judge bench comprising Chief Justice Sanjiv Khanna and Justices Sanjay Kumar and K V Viswanathan.
12.12 / 03:15
markets Citi security Death Experts War Israeli airstrikes in Gaza hit Palestinians tasked with securing aid trucks
Medics said at least 30 people were wounded and with several in critical condition, they feared the death toll may rise in the first strike in the western area of Rafah City, in the south of the enclave. In the nearby city of Khan Younis, another group of men tasked with security for aid shipments was hit by a separate Israeli airstrike that wounded several of them, medics said.
12.12 / 03:15
markets Citi IPO Strategy Food Trade Experts Domestic startup Rebel Foods raises funds ahead of planned IPO
Rebel Foods, a startup that specializes in online-only restaurants, unveiled a $210 million funding round, ahead of an initial public offering the company is seeking to pull off by 2026. Singapore’s Temasek Holdings Pte led the fundraising, while Evolvence, an existing investor, will also participate, the company said in a statement. The Series G round includes the sale of new and existing stock, allowing current shareholders to sell some of their holdings. The Mumbai-based company is now valued at $1.4 billion.
12.12 / 03:15
markets Digital Experts PAM show voice social Donald Trump picks hardline Republican Kari Lake to lead Voice of America
Donald Trump on Wednesday said he was picking Kari Lake, a former news anchor and a hardline Republican who failed to win an Arizona Senate seat last month, to be the director of U.S. government-funded media outlet Voice of America. Trump, in a post on his Truth Social site, said Lake will «ensure that the American values of Freedom and Liberty are broadcast around the World FAIRLY and ACCURATELY, unlike the lies spread by the Fake News Media.» Lake, a strong Trump supporter who has echoed his false claims about fraud at the 2020 election, also lost the governor's race in swing state Arizona in 2022 and was previously an anchor at Phoenix-based Fox 10.
12.12 / 03:15
markets Digital security Software Experts PAM Investigations J-K: PoK man nabbed near LoC in Poonch, interrogation underway
Pakistan-occupied Kashmir (PoK) was apprehended after he illegally crossed over into the Indian territory along the Line of Control (LoC) in Poonch district of Jammu and Kashmir, officials said on Thursday. «One PoK national Saliiq son of Khalid resident of Bandi Abbaspur deliberately crossed over into Indian Territory. Alert troops of the Indian Army deployed on the Line of Control in the Gulpur sector apprehended the PoK national while he was illegally crossing into Indian Territory,» the Poonch Police said. Further investigation is underway and more details are awaited.
12.12 / 03:15
markets Action security NVIDIA Experts PAM Courts US Supreme Court tosses case involving securities fraud suit against Nvidia
The justices, who heard arguments on November 13 after earlier deciding to take up the case, dismissed Nvidia's appeal of a lower court's ruling that allowed a 2018 class action — litigation led by the Stockholm, Sweden-based investment management firm E. Ohman J:or Fonder AB — to move forward. The Supreme Court opted not resolve the underlying legal dispute, determining that the case should not have been granted. Its action leaves the lower court's decision in place.
12.12 / 02:07
markets Platform Strategy Software Experts PAM social ChatGPT down for users globally, OpenAI says “working to roll out a fix”
The outage has affected not only ChatGPT but also OpenAI's API and Sora platforms. «We're experiencing an outage right now. We have identified the issue and are working to roll out a fix. Sorry, and we'll keep you updated!» OpenAI posted on social media platform X.
12.12 / 02:07
markets Strategy Southern Experts PAM US announces first Israeli withdrawal from Lebanon under ceasefire deal
US Central Command (CENTCOM) said Wednesday. The command's leader General Erik Kurilla «was present at the implementation and monitoring headquarters today during the ongoing first Israeli Defense Forces withdrawal and Lebanese Armed Forces replacement in Al-Khiam, Lebanon, as part of the (ceasefire) agreement,» CENTCOM said in a statement. «This is an important first step in the implementation of a lasting cessation of hostilities and lays the foundation for continued progress,» the statement quoted Kurilla as saying.
11.12 / 17:53
markets Software Metro awards Experts Courts Rs 4.5 crore refund to DMRC: Supreme Court issues notices to Reliance Infra Co, Axis Bank
Supreme Court on Wednesday sought response from Reliance Infrastructure-owned Delhi Airport Metro Express Pvt Ltd (DAMEPL), Axis Bank and their managing directors as to why contempt proceedings should not be initiated against them for failing to comply with an order to return more than ₹4,500 crore, including interest, to Delhi Metro Rail Corporation (DMRC). DMRC had filed a contempt-of-court petition against DAMEPL and Axis Bank, accusing them of «wilfully disobeying» the court's order to refund the amount that the corporation had deposited in an escrow account against an arbitration award. The apex court had in April set aside the 2017 arbitration award. A bench led by Justice Surya Kant, however, exempted the top brass of DAMEPL and Axis Bank from personal appearance before it.
11.12 / 17:53
markets Provident Software Sustainability Research Experts track Legitquest raises $660,000 in ongoing round from existing investors InfoEdge, WaterBridge Ventures
Legal tech startup Legitquest has raised $660,000 (Rs 5.5 crore) in an ongoing funding round from its existing investors InfoEdge and WaterBridge Ventures. The company, in a statement, said that with more commitments in the pipeline, it is set to close the funding round soon. “We are excited about the continued trust and support of our investors, which allows us to accelerate our vision of leveraging generative AI to transform the challenges faced by legal stakeholders,” said Karan Kalia, founder of Legitquest.
11.12 / 17:05
markets UPS Digital Software Death Experts PAM 'Beat me up after drinking...': Atul Subhash's estranged wife accused him of harassment, abuse in police complaint
Atul Subhash's death broke, new details from his wife, Nikita's complaint against her in-laws have come to light. Nikita had filed a complaint in Jaunpur, Uttar Pradesh, alleging harassment and assault for dowry. The complaint accused Atul, his parents, and brothers-in-law of demanding additional dowry and subjecting Nikita to physical and mental abuse.
11.12 / 17:05
markets Digital Platform Software Sustainability Experts PAM Corporate affairs ministry introduces e-adjudication to boost stakeholder confidence: Official
Ministry of Corporate Affairs (MCA) has introduced e-adjudication and e-consultation platforms to streamline legal proceedings and foster a more business-friendly regulatory environment, a senior official said on Wednesday. Addressing the ASSOCHAM-ACCA Global Summit on Responsible Corporate Governance and Sustainability Reporting, Anita Shah Akella, CEO of the Investor Education and Protection Fund Authority (IEPFA) and Joint Secretary at MCA, highlighted the government's commitment to balancing corporate integrity with economic dynamism. The introduction of e-adjudication and e-consultation platforms aims to simplify legal procedures, improve stakeholders' experience, and bolster India's ranking in the ease of doing business.
11.12 / 16:37
markets Digital Google Action Software Gemini Experts Google unveils latest AI model, Gemini 2.0
Google on Wednesday announced the launch of Gemini 2.0, its most advanced artificial intelligence model to date, as the world's tech giants race to take the lead in the fast-developing technology. CEO Sundar Pichai said the new model would be marking what the company calls «a new agentic era» in AI development, with AI models designed to understand and make decisions about the world around you. «Gemini 2.0 is about making information much more useful,» Pichai said in the announcement, emphasizing the model's enhanced ability to understand context, think multiple steps ahead, and take supervised actions on behalf of users.
11.12 / 16:37
markets BLOCK Digital Software Experts Courts Coal scam: Delhi court acquits ex-coal secretary, others
coal scam case related to allocation of two coal blocs in Odisha. Besides Gupta, special judge Sanjay Bansal acquitted Navabharat Power Pvt. Ltd., its then chairman P Trivikrama Prasad and then managing director Y Harish Chandra Prasad, and former joint secretary in coal ministry K S Kropha, and K C Samaria, former director in coal allocation section of the ministry. The judge held the CBI had failed to prove beyond any reasonable doubt that any «misrepresentation» was made by the accused. The judge further said no case of cheating was made out as no one was induced.

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