International Financial News
21.06 / 07:35
UPS
IPO
security
students
Experts
reports
International
Warburg Pincus-backed Avanse Financial Services files draft papers with SEBI for an IPO
Crisil report, with products ranging from student education loans to expansion capital for educational institutions in the form of education infrastructure loans.Draft Red Herring Prospectus (DRHP) states that Olive Vine Investment Ltd, a Warburg Pincus affiliate, is the company's promoter. International Finance Corporation and affiliates of Kedaara Capital, Mubadala Investment Company, and Avendus Future are among the institutional shareholders.Also Read: Ola Electric, Emcure Pharmaceuticals get SEBI nod for IPO launchA fresh issuance of equity shares up to ₹1000 crore and an offer for sale (OFS) of up to ₹2500 crore by the "Selling Shareholder" with a face value of ₹5 per equity share make up the public offer, which has a combined total value of ₹3500 crore.The offer for sale includes equity shares from Olive Vine Investment Ltd (Promoter Selling Shareholder) up to ₹1,758 crore; equity shares from International Finance Corporation (Investor Selling Shareholder)up to ₹342 crore; and equity shares from Kedaara Capital Growth Fund III LLP (Investor Selling Shareholder) up to ₹400 crore.Also Read: Stanley Lifestyles IPO hits D-Street today; check GMP, review, and other key details.
21.06 / 07:11
COST
Healthcare
cover
prevention
International
International Yoga Day 2024: How can practising yoga regularly impact your health insurance premiums?
In recent years, yoga has gained immense popularity worldwide for its numerous health benefits. From improving physical flexibility to enhancing mental well-being, yoga has become an integral part of many people's daily routines. Yoga helps individuals rejuvenate from the daily hustle-bustle of life to help experience bliss and mini mindful moments through meditation.
21.06 / 05:55
Cooper
Strategy
Sustainability
President
rights
peace
International
SCO Summit: Kazakhstan advocates UN role in addressing global challenges
Kazakhstan’s First Deputy Foreign Minister Akan Rakhmetullin underscored the crucial role of the United Nations in addressing urgent global challenges ahead of the July 3-4 SCO Summit. He recently highlighted the high level of interaction between Kazakhstan and the UN over 32 years of cooperation.
21.06 / 05:33
security
International
Samvardhana Motherson International, Tech Mahindra & others hit 52 week high today ; Do you own any?
Bank Nifty was down by -327.55(-0.63%) at 21 Jun 2024 10:44:59 IST.Other stocks such as Suumaya Industries, Secur Credentials hit their fresh 52 wk lows today.
21.06 / 04:41
markets
UPS
Target
Digital
Food
International
Bikaji Foods share price jumps 4% to 52-week high as Nuvama assigns ‘Buy’ rating, sees 23% upside
₹747.95 apiece on the BSE.Bikaji Foods International is a heavyweight in the rapidly expanding Indian savoury snacks market. It is the third-largest player in the organised ethnic snacks market, market leader in family packs and leader in its core states: Rajasthan, Assam and Bihar.
21.06 / 04:41
Williams
Updates
International
Sri Lanka Women vs West Indies Women Live Score: Sri Lanka Women score after 2 overs is 1/0
Venue : Galle International Stadium, Galle Sri Lanka Women squad - Hansima Karunaratne, Harshitha Madavi, Hasini Perera, Nilakshi de Silva, Vishmi Gunaratne, Chamari Athapaththu, Kavisha Dilhari, Oshadi Ranasinghe, Anushka Sanjeewani, Achini Kulasuriya, Inoka Ranaweera, Inoshi Priyadharshani, Kawya Kavindi, Sachini Nisansala, Sugandika Kumari, Udeshika Prabodhani West Indies Women squad - Chedean Nation, Shabika Gajnabi, Chinelle Henry, Qiana Joseph, Stafanie Taylor, Zaida James, Rashada Williams, Shemaine Campbelle, Aaliyah Alleyne, Afy Fletcher, Cherry-Ann Fraser, Karishma Ramharack, Kate Wilmott, Shamilia Connell Sri Lanka Women vs West Indies Women Live Score: Sri Lanka Women Vishmi Gunaratne 1 (11) Chamari Athapaththu 0 (1) West Indies Women Chinelle Henry 0/0 (1) Sri Lanka Women vs West Indies Women Live Score: Sri Lanka Women Chamari Athapaththu 0 (1) Vishmi Gunaratne 1 (5) West Indies Women Shamilia Connell 0/1 (1) Sri Lanka Women vs West Indies Women Match Details 3rd ODI of West Indies Women tour of Sri Lanka, 2024 between Sri Lanka Women and West Indies Women to be held at Galle International Stadium, Galle at 10:00 AM.
21.06 / 04:41
markets
Citi
CEO
Strategy
economy
composer
International
strategies
What drives investors to seek alternative strategies amid market volatility?
Nifty index, a pivotal benchmark, erased all 2024 gains, descending below 21,300 to conclude at 21,884.50, whereas the Sensex closed at 72,079.05, indicating a substantial decline.Sudden reactions, such as panic selling, can be detrimental during these times of volatility. This article aims to furnish essential insights for effectively navigating the turbulent market.Amid ongoing market volatility, it is essential for investors to consider and contrast traditional and alternative investment approaches to make well-informed decisions that can safeguard their portfolios from uncertainty and cultivate potential for future growth.
21.06 / 04:33
Aware
Universities
Celebrity
Features
peace
International
International Yoga Day: When it was first celebrated, how it was born and the two Guinness world records
Yoga, a tradition originating from India over 5,000 years ago, is a practice that combines physical, mental, and spiritual disciplines to achieve a harmonious balance between the body and mind. The word «yoga» is derived from the Sanskrit term meaning «to join» or «to unite,» symbolizing the union of body and consciousness.
21.06 / 04:15
markets
COST
Waters
pandemic
International
Key EV battery material can come from a surprising source: Methane
lithium-ion batteries that power everything from electric cars to smartphones. While China is the world’s top producer and exporter of the crystalline carbon, there’s been a push to grow a US supply chain. Oakland-based startup Molten Industries is working to build it by relying on something that’s cheap and abundant in the US: natural gas. The company has developed a specialized technique to break methane into graphite and hydrogen, the latter of which can be used as a source of clean energy. The effort is funded in part by a $25 million Series A financing round led by Bill Gates’s Breakthrough Energy Ventures (BEV). “This is at the intersection of two really important climate tech theme areas for us at Breakthrough: making batteries scaleable and more cost-effective to drive EV sales to grow, and on the other side, low-cost clean hydrogen,” said BEV Managing Director David Danielson.
21.06 / 03:29
Celebrity
DAL
performer
gatherings
International
PM Modi leads 10th International Yoga Day celebrations in J-K's Srinagar
10th International Yoga Day at Sher-e-Kashmir International Convention Centre (SKICC) in Jammu and Kashmir's Srinagar. The PM performed various asanas along with other leaders present at the event. On the occasion, the Prime Minister addressed the gathering and participated in the Common Yoga Protocol session, highlighting Yoga's significance in nurturing physical, mental, and spiritual growth.
21.06 / 03:03
Man
testing
International
cricket
bowling
T20 World Cup: Australia's Pat Cummins takes hat-trick in Super 8 match against Bangladesh
Pat Cummins took a hat-trick against Bangladesh in their Super Eight match at the T20 World Cup in Antigua on Thursday. The test and one-day skipper bowled Mahmudullah for two, had Mahedi Hasan caught for a duck by Adam Zampa at deep third man and then dismissed Towhid Hridoy for 40 when the batter scooped to Josh Hazlewood at the Sir Vivian Richards Stadium. It was Cummins's first hat-trick in international cricket and also the first of the tournament, which is being co-hosted by the West Indies and United States.
21.06 / 03:03
markets
Action
economy
Remark
country
reports
International
Japan issues fresh warning against yen bears as currency slides
Japanese authorities are ready to take action against speculative and excessively volatile moves in the currency market that hurt the economy, the country's top currency diplomat Masato Kanda said on Friday. «It's not intended to change the market's trend,» instead it was aimed at smoothing excessive volatility in the currency market, Kanda told reporters when asked about exchange-rate intervention.
21.06 / 02:07
UPS
IPO
rights
International
ABD may invest in start-ups, tie-up global brands for India entry
₹1.74 trillion in fiscal 2022 and projected to reach ₹2.4 trillion by fiscal 2025.The company is “actively" looking to partner global liquor companies to bring more international brands to India as it expands its portfolio of premium spirits. Currently, it has no such tie-up.“We are at a significant advanced level of discussions.
21.06 / 00:29
FIVE
Aviat
Airlines
cover
Investigations
International
United Airlines jet turns back to Connecticut after a piece of engine lining fell off during takeoff
Federal officials are investigating an incident in which a piece of engine cover lining fell off a United Airlines plane that was taking off in Connecticut
21.06 / 00:29
Provident
Target
show
information
International
IRS says 'vast majority' of 1 million pandemic-era credit claims show a risk of being improper
The Internal Revenue Service said Thursday a review of 1 million claims for the Employee Retention Credit representing $86 billion shows the “vast majority” are at risk of being improper
20.06 / 22:17
Netflix
awards
film
reports
Features
rights
International
His Three Daughters: When will family drama release? Here’s plot, production and cast
Netflix will release Azazel Jacobs' family drama "His Three Daughters" this fall. The film features Natasha Lyonne, Carrie Coon and Elizabeth Olsen. It will premiere in theaters on September 6 and globally on Netflix on September 20, a Variety report said. Plot and Cast
20.06 / 22:17
Waters
Extreme
Parke
Adventure
fun
travelers
International
Best cruise lines to choose if you are planning a vacation this summer
Cruise lines are the perfect examples of a luxurious travel while getting the complete feel of a luxurious hotel's comfort and delicacies. They offer you some of the best on-sea experiences and try to make every moment of yours extremely memorable, whether you are travelling with your partner, friends or family. However, the biggest challenge for people in the US is choosing the perfect cruise line for the next vacation, in case you are planning for this summer. There are an array of deals and experiences being offered by multiple cruise lines, making it incredibly tough for you to choose the best one that suits your needs.
20.06 / 20:35
SUN
2020
reports
Features
Relationships
International
Dragon Age: The Veilguard: See release date, trailer, storyline, characters, gameplay and plot
BioWare's popular saga continues with Dragon Age: The Veilguard, previously known as Dreadwolf. Here's everything we know about the upcoming game. Release Date
20.06 / 19:57
Waves
Extreme
Glacier
wellness
consequences
International
Is climate change leading to frequent and high intensity heat waves in North America?
North America continues to be gripped by a heat wave. The heatwave that began in May and continues to affect day to day life in the central and eastern states of the US has already killed many others in Mexico. According to the scientists, this was made 35 times more likely because of anthropogenic factors causing climate change. Human induced activities such as burning of fossil fuels has caused this issue. In neighboring Mexico, this heatwave has already killed 125 people and led to thousands of heatstroke cases. There is bad news as this heatwave like conditions will only intensify if human induced activities do not reduce, according to scientists. This study was conducted by World Weather Attribution which is an international collaboration of scientists who study climate change. Record high temperatures:
20.06 / 19:57
COST
Man
PINK
Fishing
reports
International
As Dolphin numbers decline in Amazon, a man has vowed to keep them protected
Amazon river dolphin, also termed as the 'pink dolphins' owing to their shade of body color. Earlier in 2018, the International Union for Conservation of Nature, declared them as an endangered species, who were on the verge of extinction if necessary steps were not taken to protect them. Another type of dolphins that are found in the Amazon river includes the smaller tucuxi, that was also deemed as endangered two years after the same declaration around the pink dolphins, says a CNN report. Both of these dolphin species are of the predator kind and help in keeping the fish population and the marine ecosystem along the Amazon River in check. However, their rapid decline across the years has raised serious concerns around the marine ecosystem in this particular region.
20.06 / 19:29
Progressive
President
stage
country
International
Slovakia’s parliament backs a contentious plan to overhaul the country's public broadcasting
a government plan to overhaul the country’s public broadcasting services, a move that critics say would result in the government taking full control of the media. The coalition government of populist Prime Minister Robert Fico agreed on the measure on April 24. Fico, who is recovering at home from multiple wounds he suffered in an assassination attempt on May 15, said that the changes are needed, because the services are politically biased and “in conflict with the Slovak government." Thousands have repeatedly rallied in the capital, Bratislava, in protest rallies organized by the major opposition Progressive Slovakia party and others against the plan, which has been widely criticized by local journalists, the opposition, international media organizations and the European Union.
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