MET Financial News

24.08 / 09:19
MET FIVE Cooper Waters country safe Fukushima: Why is Japan releasing water and is it safe?
Japan began pumping more than a million metric tons of treated radioactive water from the destroyed Fukushima Daiichi nuclear power plant on Thursday, a process that will take decades to complete. The water was distilled after being contaminated from contact with fuel rods at the reactor, destroyed in a 2011 earthquake and tsunami. Tanks on the site hold about 1.3 million tonnes of the water — enough to fill 500 Olympic-sized swimming pools.WHAT IS JAPAN'S WATER RELEASE PLAN? The utility responsible for the plant, Tokyo Electric Power (Tepco), has been filtering the contaminated water to remove isotopes, leaving only tritium, a radioactive isotope of hydrogen that is hard to separate. Tepco will dilute the water until tritium levels fall below regulatory limits before pumping it into the sea from the site on the coast north of Tokyo. Water containing tritium is routinely released from nuclear plants around the world, and regulatory authorities support dealing with the Fukushima water in this way. Tritium is considered to be relatively harmless because its radiation is not energetic enough to penetrate human skin.
24.08 / 07:57
UPS Lowe's MET Remark show RecycleKaro pumps Rs 100 crore to set up Nickel Metal facility in Maharashtra
RecycleKaro, one of the leading players in sustainable and lithium-ion battery recycling has announced plans to establish a Nickel Metal plant with an investment of Rs 100 crore in Maharashtra.
24.08 / 02:21
UPS MET Career Oscar Pride beautiful Playwright on a high over judgment day
When playwright Suzie Miller took a call from her husband – new High Court justice Robert Beech-Jones – last Friday, she jumped right in.
24.08 / 02:15
MET Strategy Uniqlo track country QIA to invest $1 billion in Reliance Retail Ventures
QIA) agreed to invest ₹8,278 crore ($997 million) in Reliance Retail Ventures (RRVL) at an equity valuation of ₹8.2 lakh crore ($100 billion), making it the single largest investment by the sovereign wealth fund of the gas-rich country in India. RRVL, the holding company of Reliance Retail Ltd (RRL), had diluted 10.1% stake and raised over $6 billion in 2020 from several financial sponsors and sovereign wealth funds (SWFs) such as KKR, General Atlantic, TPG, Silver Lake, L Catterton, Abu Dhabi Investment Authority, Mubadala and Public Investment Fund of Saudi Arabia. QIA and RRVL announced the deal on Wednesday. The capital raise, at a 97% premium to the last round (₹4.2 lakh crore), sets a new valuation benchmark for a larger $3-4 billion raise being planned by RRVL, said people in the know.Europe Meeting The funding round from financial investors including SWFs from South-East Asia is part of a value-unlocking exercise ahead of a planned listing, said people in the know. At $100 billion, RRVL, with over 18,000 stores, will outpace global peers such as Tesco, Carrefour, Uniqlo and JD.com. In India, Reliance Retail, the largest in the segment by sales and profit already, will be almost 3.5 times the value of the largest listed retail chain, Avenue Supermarts, which owns DMart.
24.08 / 01:35
Provident MET Enterprise The real-world application of AI in retail
This content is produced in commercial partnership with Shopify
24.08 / 00:53
COST UPS MET Flushing country Four years into crisis, Lebanon's leaders hope tourism boom will help bypass reforms in IMF bailout
Lebanon's political elites are pushing a recovery plan for the country's financial collapse that would allow them to sidestep tough reforms demanded by the International Monetary Fund
24.08 / 00:53
Citi MET FIVE country voice expansion Xi, Putin and other leaders locked in discussions over an expansion of the BRICS economic bloc
The leaders of Brazil, Russia, India, China and South Africa have held closed-door discussions on the possible expansion of their BRICS economic bloc
24.08 / 00:27
UPS MET Chase NIFTY star Company-fund manager meets hint at rising investor interest in midcaps
stocks amid a large inflow of funds into mid- and small-cap schemes led fund managers to meet the management of many small companies. Mid-cap companies such as Kaynes Technologies, Astral, Sriram Finance, Star Health, Mold-Tek Packaging, Avalon Technologies, Bikaji Foods, and TCI Express are among the two dozen companies that have seen the highest number of management meetings with fund managers since August 1. Kaynes Technologies is at the top of the list with 131 investors, including many domestic mutual funds and insurance companies that have met the management since August 1. The stock has rallied 43% in the last three months.
23.08 / 19:11
MET Cooper Progressive India, South Africa decide to add fresh momentum to defence, agri, trade ties
Narendra Modi met South Africa's President Cyril Ramaphosa on the sidelines of the 15th Brics Summit in Johannesburg on Wednesday and discussed ways to strengthen bilateral cooperation in defence, agriculture, trade and health, among other areas. Both leaders reviewed the progress made in bilateral relations and expressed satisfaction at the progress achieved in various fields, including defence, agriculture, trade and investment, health, conservation and people-to-people ties, according to an external affairs ministry readout. Both sides also exchanged views on continued coordination in multilateral bodies and regional and multilateral issues. Ramaphosa expressed support for India's G20 presidency and appreciated New Delhi's initiative to give the African Union full membership of the G20. He conveyed that he looked forward to visiting New Delhi for the G20 Summit. Modi congratulated Ramaphosa on the successful hosting of the Brics Summit and accepted Ramaphosa's invitation for a state visit to South Africa. During the Brics Plenary session, Ramaphosa said he wanted to congratulate India for the Chandrayaan-3 mission.
23.08 / 16:07
UPS MET Racing Fiserv stage Trump debate TUCKER open Republican Party Debate: Donald Trump absent, but his influence looms large; Ex-President open for an interview with Tucker Carlson
Donald Trump, yet his impact continues to resonate both on and off the debate stage. As candidates prepare to engage in discussions and showcase their policies, the shadow of Trump's influence looms over the event. Trump is rather open for an interview with Tucker Carlson, who hosts a program on X, formerly Twitter. While the debate will feature eight candidates who met the donor and polling requirements set by the Republican National Committee (RNC), the absence of Donald Trump, a potential contender and influential voice within the party, underscores the evolving dynamics of the GOP landscape. The debate, scheduled for August 23, will include prominent figures such as Florida Governor Ron DeSantis, South Carolina Senator Tim Scott, former U.N. Ambassador Nikki Haley, and entrepreneur Vivek Ramaswamy. However, controversies and last-minute changes have added complexity to the event, highlighting the challenges of assembling a diverse and competitive lineup.
23.08 / 15:51
Target MET Assurant Chase LCA Tejas successfully test-fires ASTRA beyond visual range missile
light combat aircraft Tejas on Wednesday successfully test-fired an ASTRA beyond visual range (BVR) air-to-air missile off the coast of Goa, the ministry of defence said. "The missile release was successfully carried out from the aircraft at an altitude of about 20,000 ft," it added.
23.08 / 10:33
MET Progressive country voice Video | PM Modi notices Tricolour on ground at BRICS 2023, this is what he does next
Narendra Modi on Wednesday held a bilateral meeting with South African President Cyril Ramaphosa during which they reviewed the progress made in bilateral ties, exchanged views on regional and multilateral issues and also on ways to work jointly to strengthen the voice of the Global South. Modi met Ramaphosa in Johannesburg on the sidelines of the 15th BRICS Summit.
23.08 / 10:11
UPS Provident MET country Power Govt extends mandate for imported coal-based power plants to operate till October
NEW DELHI –The power ministry has directed imported coal-based power units to run at full capacity further till October in the backdrop of electricity demand smashing records in August. The ministry had in February directed the imported coal-based plants to run optimally till June 15 starting March 16, under section 11 of the Electricity Act in anticipation of higher demand in summer. It was then extended till September end. However, electricity demand met in India reached record highs this month touching 234 GW on August 17.
23.08 / 09:11
UPS MET Man Microsoft Dreams From tiny outhouse to the Moon: How this 'Rocket Boy' put India on the space map
Vikram Sarabhai to India's first privately made rocket Vikram-S, which was launched last year by Hyderabad-based startup Skyroot Aerospace, to the Vikram lander, all these milestones of India's space journey bear the name of the man who put India on the space map. India's moonshot, and indeed its whole sprawling space programme, had begun at an unlikely place.A dream was born in a tiny outhouse Just as many immensely successful tech companies such as Microsoft started out from garages, India's space programme too had humble beginnings.
23.08 / 06:07
MET Waters show country Indian Indian students in Ukraine face hostility amid ongoing conflict, says ‘We live in constant terror’
Indian students, who returned to Ukraine to complete their medical degrees amid the ongoing war, shows no signs of improvement. They now increasingly face hostility from certain sections of the local population who perceive India as supporting Russia in the conflict, reported Times of India. As the conflict persists, public sentiment in Ukraine has increasingly turned against Indian students.
23.08 / 06:07
UPS Citi MET film Actor Future 'Yogi Adityanath to be future PM of India, that's why Rajinikanth touched his feet,' says Congress leader Udit Raj
Yogi Adityanath. While, the Jailer actor has clarified why he touched Adityanath's feet on Tuesday, Congress leader Udita Raj has a different opion on this act. Also read: Rajinikanth defends touching Yogi Adityanath's feet According to the Congress leader, debates are happening that CM Adityanath will become the future Prime Minister of India and that's why Rajinikanth touched his feet.
23.08 / 06:07
UPS Citi MET BLOCK Waters Highways Himachal rains: Roads blocked, educational institutions shut
Himachal Pradesh, blocking over 200 more roads, including the Shimla-Chandigarh highway, and damaging some houses in Solan district, officials said on Wednesday. No loss of life has been reported so far. With 200 more roads blocked, a total of 530 roads in the state are now shut. The Shimla-Kalka National Highway 5 connecting Shimla and Chandigarh was again blocked near Chaki Mor besides NH 21 (Mandi-Kullu road) and NH 154 (Mandi-Pathankot) road, according to the data of the State Emergency Operation Centre. Some houses have been damaged in Shakal village on the outskirts of Solan city as gushing waters entered houses and reports of damage to few houses and vehicles in Sabathu area following the landslide have poured in, Deputy Commissioner, Solan, Manmohan Sharma told PTI. As a safety measure, three houses were vacated in Panthaghati and Sanjauli areas of Shimla city and landslides and uprooting of trees have been reported in some parts of the city, Deputy Commissioner, Shimla, Aditya Negi said.
23.08 / 04:47
Blockchain UPS MET XRP SEC Exodus XRP (XRP) Declines Amid Ongoing SEC Battle, THORChain Price Up, Everlodge Presale Explodes
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23.08 / 04:03
MET Maxim TCS exclusive US court Discrimination TCS gets partial relief in racial discrimination lawsuit in US Court
Tata Group's TCS reportedly got partial relief in a discrimination lawsuit case in a New Jersey court, in the US on Wednesday. Last year, a former employee of the company, Shawn Katz filed a lawsuit against the IT giant in the United States alleging for racial discrimination against non-South Asian and non-Indian applicants and employees. Katz was with TCS for nine years before being let go.
23.08 / 03:39
MET SEC Action AFP and Other Media Giants Call for Global AI Regulation to Protect Integrity
Several top global news and publishing organizations, including Agence France-Presse (AFP), European Pressphoto Agency, Getty Images, and others, have signed an open letter addressing policymakers and industry leaders. They are urging the establishment of a regulatory framework for generative AI models to preserve public trust in media and protect the integrity of content.
23.08 / 02:35
MET FIVE Action Strategy NIFTY SENSEX Stock market today: What to expect from Nifty, Sensex, Bank Nifty in trade on August 23
Nifty are likely to open lower on Wednesday following negative global cues. The trends on Gift Nifty also indicate a muted start for the Indian benchmark index. The Gift Nifty was trading at 19,360 level as compared to the Nifty futures’ previous close of 19,389.

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