International Financial News

29.07 / 19:51

markets COST Compilation Netflix trends International Companies keeping debt markets busy ahead of Fed decision

Corporate borrowers are rushing to debt markets to raise cash before a series of central bank meetings kick off around the globe this week.

29.07 / 15:24

Citi security Apple Election country voice International Apple reaches first union contract with store employees

The three-year deal will increase pay an average of 10%, offer other benefits.

29.07 / 14:24

Cooper Action President poverty country reports International G20 finance ministers agree to work toward effectively taxing the super-rich

Finance ministers from leading rich and developing nations have agreed to strive toward effectively taxing the super-rich

29.07 / 13:53

Provident security Analysis Research social information International Australia to invest $18 million for Cable Connectivity & Resilience Centre in Indo-Pacific

29.07 / 13:11

Manufacturing WhatsApp International Goodluck India Q1 Results: Net profit jumps 22% YoY to Rs 35 crore

Steel products maker Goodluck India on Monday posted a 22 per cent rise in consolidated net profit to Rs 34.99 crore during the June 2024 quarter, helped by higher income. It had clocked Rs 28.59 crore profit in the year-ago period, the company said in an exchange filing. The company's total income rose to Rs 917.73 crore from Rs 859.05 crore in the April-June period of FY2023-24.

29.07 / 11:47

UPS Provident Enterprise information reports Department International Over 1.4 lakh recognised startups in India created more than 15.5 lakh direct jobs

startups have reported to have generated more than 15.5 lakh direct jobs to date, as it detailed various initiatives taken by ministries and departments to help create even more jobs and nurture young entrepreneurs in years to come.

29.07 / 11:42

markets Provident Platform security Schools Features International Risk consulting firm White Matter Advisory acquires 90% stake in fintech Fairexpay

White Matter Advisory on Monday announced the acquisition of a 90% stake in fintech startup Fairexpay for an undisclosed amount. The acquisition will help White Matter Advisory in expanding its portfolio in the area of cross-border remittance and fund collection services, a release said.

29.07 / 11:37

markets UPS WhatsApp Trade Updates International Stock market update: Nifty Auto index advances 0.67%

Shares of Ashok Leyland Ltd.(up 4.05 per cent), Bharat Forge Ltd.(up 3.1 per cent), Mahindra & Mahindra Ltd.(up 1.57 per cent), Balkrishna Industries Ltd.(up 0.77 per cent) and Maruti Suzuki India Ltd.(up 0.7 per cent) ended the day as top gainers in the pack.

29.07 / 10:42

WhatsApp Justice Courts International SC seeks responses of Dy CM Ajit Pawar on plea of Sharad Pawar faction against speaker's decision

Supreme Court on Monday sought responses from Ajit Pawar and his 40 MLAs on a plea of the Sharad Pawar faction challenging Maharashtra assembly Speaker Rahul Narwekar's decision declaring the group led by the deputy chief minister as the real Nationalist Congress Party (NCP). A bench headed by Chief Justice D Y Chandrachud and Justices JB Pardiwala and Manoj Misra took note of the submissions of senior advocate Abhishek Singhvi, appearing for the Sharad Pawar faction, that the plea needed urgent hearing keeping in mind the short remnant tenure of the state assembly. The term of the state assembly expires in November this year.

29.07 / 10:19

markets Manufacturing Sustainability Research Marlboro country International Tata International to increase share of sustainable leather to 50% in 4 years

Tata International has planned to increase the share of its sustainable leather from 27% of its total production in FY24 to 50% in the next four years.

29.07 / 10:13

Manufacturing security WhatsApp Opinion Experts recommendations International AIA Engineering to consider share buyback. Shares surge 7%

AIA Engineering via a filing on Monday announced that the company’s board might consider a buyback of its shares in its upcoming meeting. Following this announcement, the shares of the company jumped 7% to its new all-time high of Rs 4,690 on the BSE. “The meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, August 07, 2024, to consider a proposal for buy-back of equity shares of the company and other matters incidental and necessary thereto, in accordance with the applicable provisions of the Companies Act, 2013 (including the rules and regulations framed thereunder), the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018, as amended, and other applicable laws,” said the company in a filing to the exchanges.

29.07 / 08:25

Cooper security Sustainability country social rights International Quad foreign ministers condemn ongoing attacks perpetrated by Houthis in Red Sea

Quad Foreign Ministers on Monday condemned the ongoing attacks perpetrated by Yemen's Houthis against international and commercial vessels transiting through the Red Sea and Gulf of Aden.

29.07 / 07:40

Waves Waters Ball travelers International surfing It’s called place of skulls. It’s the most terrifying venue in Olympic history

Before Olympic surfers actually see the Teahupo’o wave arrive, in those final pristine moments of calm before all hell breaks loose, they will hear it coming. Cries rise from the flotilla of boats carrying spectators and rescue teams as they spot the mountain of water rolling towards them roughly 500 yards off the coast of Tahiti. When it arrives, a thick slab of ocean will suddenly surge into the air and fold over on itself.

29.07 / 04:26

COST UPS Provident Platform reports International How the budget has eased the rules for international transactions

Mint explains some of the amendments in the budget that are applicable to international transactions. Until now, investing in international stocks attracted a long-term capital gains (LTCG) tax rate of 20% with indexation benefit—adjusting for inflation—if the stocks were held for more than 24 months.

29.07 / 01:44

Election Trade President Celebrity country International rowing Maldives President Muizzu thanks India for economic support, affirms hope of signing FTA

India for its support of the island nation in easing its debt repayment and affirmed hope that New Delhi and Male would forge stronger ties and sign a free trade agreement.

28.07 / 20:03

UPS IPO Booking Manufacturing Mobile International Investors rush to find anchor in Ola Electric IPO; local, foreign cos sign up for likely $350m book

Ola Electric Mobility as the valuation of the electric two-wheeler maker's initial public offering (IPO) approaches $4 billion, down from earlier expectations. The IPO is set to open August 2. Domestic investors, including SBI AMC, HDFC AMC, Nippon Life India AMC and UTI AMC will bid about $200 million each, while international ones such as Fidelity, Nomura and Norway's Norges Bank will bid in the range of $75-100 million each.

28.07 / 15:18

UPS security Experts electronic reports prevention International Indian banks deploy tech tools to counter mule accounts

₹1,457 crore and involved 29,082 transactions, higher than both FY22 and FY23, as per the RBI’s annual report. Experts said mule accounts are used by scamsters for digital frauds that involve transferring money out of the victim’s bank account into a chain of accounts, making it harder to trace such funds. Typically, the mule accounts involve up to 15 accounts in a distribution chain, and this entire chain is kept ready at any point—with scammers tasked with live-tracing which accounts are operational, and which are not.

28.07 / 12:51

markets Provident SPY testing Features International MG Cloud EV: Everything we know so far about this upcoming Crossover Utility Vehicle

MG Motor India is expanding its electric vehicle lineup with the upcoming launch of a Crossover Utility Vehicle (CUV), likely to be the Cloud EV, previously sold in international markets. The vehicle, MG's third electric offering in India following the ZS EV and Comet EV, has been teased through official channels revealing key design elements.

28.07 / 12:43

UPS Airlines security Rhythm reports International Long flying hours, roster instability among top causes of pilot fatigue, says study

pilot fatigue is mainly attributed to factors such as extended flying hours exceeding 10 hours per day, consecutive night shifts, rapidly changing weekly schedules that disturb circadian rhythms, and schedules that adhere strictly to the minimum required rest periods, reported TOI.

28.07 / 09:21

COST security Kandi performer International cricket bowling India vs Sri Lanka Live Score, 2nd T20I: Can Surya continue the winning momentum?

India vs Sri Lanka Live Score, 2nd T20I: Suryakumar Yadav's India take on Sri Lanka at the Pallekele International Cricket Stadium in Kandy today. After securing a win in the first T20I, Surya would be looking for his maiden T20 win as skipper of Team India. Sri Lanka, on the other hand, will be looking to keep the series alive with a strong performance in the second T20.There were many positives for India in the first T20I, including the form of skipper Surya, Rishabh Pant, Yashasvi Jaiswal and Shubman Gill.

28.07 / 09:04

Action wellness country Features International US, Japan hit out at China and Russia

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