Information Financial News
03.05 / 14:22
markets
Food
Trade
country
information
Department
India now plans to reduce broken percentage in non-basmati rice exports amid food inflation woes
₹44.40 a kg, an increase of 13.10% on a year-on-year basis, according to consumer affairs ministry data as of Friday. Though food inflation in March eased slightly, inflation in rice remained significantly high at 12.7%, forcing the government to look for other ways to intervene in the market. The percentage of broken rice in parboiled rice as per a Directorate General of Foreign Trade (DGFT) notification is 15%.
03.05 / 14:22
Manufacturing
NOC
country
hospital
information
Pharmaceuticals
Centre takes away state powers for issuing NOC for export of drugs
NEW DELHI : The Union government has become the sole authority for issuing manufacturing licences for new drugs meant for exports, withdrawing the power from state governments amid heightened global scrutiny of Indian made drugs. The sole licensing authority from now on will be the Central Drugs Standard Control Organisation (CDSCO), India's apex drug regulatory body.
03.05 / 13:17
markets
IPO
Provident
Target
security
cover
information
Sattrix Information Security files draft papers with BSE SME for IPO, targets listing by mid-May
₹20 crore via initial public offerings (IPO). The offering is structured through a fixed-price method, with portions of the offer reserved for various investor categories covering Qualified institutional buyers (QIBs), Non-institutional investors (NIIs), and Retail individual investors (RIIs). Also read: SK Finance files DRHP with SEBI to raise ₹2,200-crore via IPO; details here “Filing the DRHP on BSE SME is a crucial step towards our goal of bringing our company to the public markets.
03.05 / 13:17
Provident
FIVE
Hyundai
Inside
information
Features
Updates
2024 Maruti Suzuki Swift leaks: Expected engine, safety features and other details
₹11,000. This will mark the debut of the fourth generation of the popular hatchback, which is set to renew competition with rivals like the Hyundai Grand i10 Nios and Tata Tiago. Ahead of the launch, a leaked brochure has provided insights into the engine and fuel efficiency of the new Swift, along with some of its key features.
03.05 / 13:17
Election
Southern
Injustice
love
information
rights
If Rahul Gandhi wins both Raebareli and Wayanad, then…? Rival from southern constituency Annie Raja poses BIG question
Rahul Gandhi filed his nomination from Uttar Pradesh's Raebareli, his Wayanad rival Annie Raja cited that the Congress party should have informed the people of Wayanad of the possibility, even if it was a ‘last-minute decision’. Noting that it is a question of morality, the Communist Party of India candidate stated that Wayanad voters have the right to know that if he wins from both the constituencies, where would he resign from. "I am very sure that it is not a certain decision.
03.05 / 13:17
Software
show
information
reports
263% returns in 1 year: Multibagger IT stock extends winning streak for 9th day, hits 6% upper circuit on robust Q4 show
Newgen Software Share Price: Shares of the information technology (IT) company Newgen Software extended their winning streak for the ninth consecutive session surging 35 per cent during the period to hit a lifetime record-high mark during intra-day on Friday, May 3. Newgen Softare has given multibagger returns to investors over the last one-to-three year time periods.
03.05 / 10:07
Platform
security
WhatsApp
information
reports
prevention
guidelines
WhatsApp tightens security, bans 22.3 million accounts in India in Q1 2024
WhatsApp's Terms of Service via their prevention and detection systems, and directives issued by the Grievance Appellate Committee (GAC). As per WhatsApp, the bans were implemented in line with Rule 4(1)(d) and Rule 3A(7) of the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021. The monthly report from WhatsApp for January, February, and March 2024 indicated a steady increase in the number of banned accounts during the first quarter.
03.05 / 10:07
UPS
Election
President
information
Raebareli Rahul Gandhi: How the ‘reluctant’ Congress MP was convinced to contest party's ‘safest’ seat
Rahul Gandhi on Friday filed his nomination from Uttar Pradesh's Raebareli Lok Sabha constituency. The senior Congress leader was accompanied by party's national president Mallikarjun Kharge, Sonia Gandhi, Priyanka Gandhi and her husband Robert Vadra. However, source close to Moneycontrol cited that Rahul Gandhi was reluctant to to contest elections from UP and had to be persuaded by several senior party leaders.
03.05 / 09:51
markets
IPO
Strategy
Food
Trade
band
information
2:1 bonus shares, 1:10 stock split: SME stock Sarveshwar Foods gives 200% return to IPO allottees in 6 years
2:1 bonus shares, 1:10 stock split effect: For an intelligent stock market investor, the initial public offering (IPO) investment strategy is not much different from the stock investment strategy because investing in an IPO is like investing in a stock. One should hold the stock after share allocation for as long as possible.
03.05 / 09:51
markets
Provident
Trade
performer
information
recommendations
Updates
Small-cap stock Rushil Decor jumps 9% ahead of dividend announcement date
Dividend-paying stock: With the eagerly anticipated board meeting of Rushil Decor scheduled for 9th May 2024, the Company has informed the Indian stock market bourses that its board of directors will consider and approve the proposal for the final dividend. This significant event will coincide with the discussion of the Q4 results 2024, adding to the anticipation.
03.05 / 08:55
IPO
Target
security
Enterprise
Research
innovations
information
Sattrix Information files DRHP for Rs 20 cr SME IPO, targeting mid-May listing
Sattrix Information Security has filed its draft red herring prospectus (DRHP) with the BSE SME for an IPO. The issue is completely a fresh equity sale of 18 lakh shares and through it, the company plans to raise around Rs 20 crore. In the public offer, about 50% is reserved for allocation to retail investors and the the other 50% will be allocated to non-retail investors.
03.05 / 08:45
markets
FIVE
security
Trade
outbreak
information
recommendations
Remedium Lifecare board to consider issuance of bonus shares after 1:5 stock split
Bonus shares 2024: After trading ex-split on February 23 2024, in a 1:5 ratio, the board of directors of Remedium Lifecare Ltd will discuss and approve the issuance of bonus shares this month. The small-cap company has informed the Indian stock market's exchanges about the development. The company said that the board will discuss the bonus shares proposal in its upcoming board meeting on May 10, 2024.
03.05 / 07:09
Manufacturing
Sustainability
Corning
Food
Cardiovascular
Experts
information
Hidden dangers of protein, spices, and sugar: How to carefully read product labels to pick the healthy food
processed foods have become a convenient option for many. From ready-to-eat meals to nutrition products, different products line our shelves promising quick satisfaction. However, lurking beneath the appealing packaging are hidden dangers that can wreak havoc on our health. India's food and beverage (F&B) industry has undergone a significant change. It is crucial for businesses, policymakers, regulators, public health experts, and industry leaders to educate consumers about scientifically backed information. This is where the labelling of F&B products becomes vital in enabling consumers to make well-informed choices about their nutrition. In the maze of product labels adorning packaged foods, deciphering the fine print can be daunting. However, mastering the art of reading labels is crucial for making informed and health-conscious choices. Here's a guide on how to navigate product labels effectively:
03.05 / 05:25
Provident
Strategy
information
reports
recommendations
What are the effects of credit counselling on your CIBIL score?
CIBIL score, based on your individual financial situation and how you make use of these services. By and large, credit counselling can be a valuable resource for borrowers who are keen to improve their financial literacy. It is important to note that there may be short-term impacts on your credit score, the long-term benefits of debt repayment can outweigh any transient shortcomings.
03.05 / 05:25
Man
Election
President
love
information
Relationships
Lok Sabha Elections 2024: Rae Bareli's tryst with Gandhi family. Will Rahul Gandhi do it this time?
Rahul Gandhi from Uttar Pradesh's Rae Bareli brings the focus back on the VVIP segment which was first represented in the Lok Sabha by the former Congress president's grandfather Feroze Gandhi, who held the seat in the first two elections after Independence. The strong foundations that Feroze Gandhi laid in the constituency were later nurtured and strengthened by his wife and former prime minister Indira Gandhi, who won from the seat in 1967, 1971 and 1980, followed by friends and family members of the Gandhi family. Indira Gandhi contested from two seats in 1980 -- Rae Bareli and Medak in Telangana -- and chose to retain the Medak seat.
03.05 / 04:23
markets
wellness
performer
information
asset allocation
Mutual Funds: 10 dynamic asset allocation funds beat the benchmark index in the past three years
mutual fund scheme, they weigh a number of factors ranging from the historical returns to the fund house’s reputation, and overall market scenario to the future outlook. One of the key considerations that investors invariably factor in is the performance of the mutual fund scheme in the recent past.
03.05 / 02:01
markets
Software
Research
trends
voice
information
reports
AI use by businesses is small but growing rapidly, led by IT sector and firms in Colorado and DC
The rate of businesses in the U.S. using AI is still relatively small but growing rapidly
03.05 / 02:01
UPS
Software
Qualcomm
Trade
information
reports
Qualcomm, Carvana rise; DoorDash, Qorvo fall, Thursday, 5/2/2024
Stocks that traded heavily or had substantial price changes on Thursday: Qualcomm, Carvana rise; DoorDash, Qorvo fall
02.05 / 21:57
Analysis
information
reports
Department
Investigations
Relationships
TD Bank hit with $9.2 million penalty for failing to report suspicious transactions
Toronto-Dominion Bank, which is in the midst of several probes over its anti-money-laundering controls in the United States, has been hit with a financial penalty of nearly $9.19 million for several instances of non-compliance with Canada’s Proceeds of Crime (Money Laundering) and Terrorist Financing Act.
02.05 / 20:40
markets
Target
Progressive
security
Sustainability
information
International
Text of the policy statement the Federal Reserve released Wednesday
WASHINGTON — Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended:
02.05 / 19:53
markets
UPS
Trade
show
country
information
Oil crawls back towards 7-week low-mark after US Fed keeps rates at 23-year high; Brent at $83/bbl
₹6,617 per barrel on the multi commodity exchange (MCX). -On Wednesday, crude oil prices fell more than three per cent to a seven-week low after the US Federal Reserve kept interest rates steady and warned of stubborn inflation, which could curtail economic growth this year and limit oil demand increases.
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