Performer Financial News

Honasa Consumer, the parent of beauty and personal care brand Mamaearth, said its hair care brand, BBlunt, has achieved an annual revenue run rate (ARR) of Rs 100 crore and grown over four times since the company acquired it in 2022. ARR is the projection of a company’s annual revenue based on its current performance. The achievement was driven by data-based innovation strategy and product development process, integrating insights from stylists, consumer interactions and salon testing, the company said in a news release Tuesday.

Read this | In 2024, metals sector poised for gradual turnaround Between 2011 and 2020, sectors like PSU Banks, Realty, Infra, CPSE, and Metals struggled to gain traction, largely ignored by investors. However, from 2021 to July 2024, these once-overlooked sectors have made a strong comeback, displaying newfound strength and resilience. Among the resurgent sectors, the metals sector stand out.

Reasons to buyReasons to avoidThe Dr. Morepen Automatic BP Monitor offers reliable blood pressure measurements with its advanced technology and user-friendly design.

₹69,690, a major discount from its original listing price of ₹79,900. Meanwhile, buyers can get a further ₹4,000 discount if they choose to make the payment using ICICI Bank or SBI Bank cards, taking the effective price of the device to ₹65,690.Meanwhile, iPhone 15 Plus which was launched at a price of ₹89,900 for the 128GB variant at launch is listed for ₹77,190 on Vijay Sales.

Shiba Inu (SHIB) coin has continued its downward trend and is struggling to gain positive traction near the 0.00001404 level.

Tata Motors Ltd, which has returned a market-thumping 782% over this period, creating significant shareholder wealth. The outperformance has continued in 2024 as well, with Tata Motors’ share price rising 36%, compared to the Nifty 50 index’s gain of 11.9%. If you had invested ₹50,000 in Tata Motors stock in August 2019 it would be worth roughly ₹440,000 today.

AFTER A FORTNIGHT featuring 329 competitions, the battle for Olympic supremacy came down to the last event on the final day of the Paris games. When America’s women’s basketball team beat France’s in the final on August 11th, they also helped their country equal China’s tally of 40 golds at these games. As a result, America retained its position at the summit of the official medal table—which ranks countries based on the number of golds they win—thanks to a greater haul of silvers (44 compared with China’s 27).

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Tom Cruise movies are something out of the world for his fans, who flock to to theatres every time an action movie of his releases, be it the previously released Top Gun franchise film, or one of his longest-running franchise, Mission Impossible. However, there is one thing that no one actually expected him to do, and that is, pulling off an insanely crazy stunt during the Paris Olympics closing ceremony where he was seen dropping from the sky, during the official handover of the official Olympics flag to the Los Angeles Olympics committee, who will be organizing the next edition of the Olympic Games.

life insurance industry in India registered growth in July, with the total annualised premium equivalent (APE) increasing by 16.9% year-on-year. This growth was primarily driven by the private sector, which saw an impressive 18% rise in APE. Life Insurance Corporation of India (LIC), the country's largest insurer, recorded a more moderate increase of around 13.5%. APE is the sum of annualised first-year premium on regular premium policies and 10% of single premium policies written in a fiscal year.

Olympics reading the US, China, Japan, Australia, France, the Netherlands, Britain, South Korea, Italy and Germany, one is bound to ask: why do some countries fare better than others? Discussions usually attribute wins and losses to individual abilities, training and dedication. These factors are undoubtedly crucial. But there could be other determinants like economic prosperity. In each of the last three Summer and Winter Olympic Games, the top 10 medal-winning countries have been high-income countries based on World Bank's income-level classifications, with the exception of China (upper-middle income) in Tokyo 2020 Olympics, and OAR (Olympic Athletes from Russia — upper-middle income) in PyeongChang 2018 Winter Olympics. However, research has found a range of determinants beyond economic prosperity — team size, growth rate, expenditure on health, population, etc — to have a significant impact. We investigated the association between the total medal count for each country at the Beijing 2022 Olympics and their GDP per capita (PPP). A moderate positive relationship is observed with a correlation coefficient of 0.62.

Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...

Paris 2024 Olympics witnessed a historic showdown between two of the world’s leading javelin throwers, Arshad Nadeem from Pakistan and Neeraj Chopra from India. The intense rivalry between these athletes, both hailing from South Asia, has been closely followed in recent years, and their latest encounter did not disappoint. Arshad Nadeem made history by winning Pakistan's first-ever individual Olympic gold with a record-breaking throw of 92.97 meters. Neeraj Chopra, the defending Olympic champion from Tokyo 2020, put up a strong fight with a season-best throw of 89.45 meters, earning him the silver medal. Nadeem’s final throw in the competition was also an impressive 91 meters, further solidifying his victory. Neeraj Chopra's Rise to Stardom

FRBM Act and Rules. Goa chief minister Pramod Sawant holds the finance portfolio. Under Sawant, the fiscal parameters have shown tremendous improvement after the disastrous COVID period. This has been taken note of by the CAG in its report. The impact of Covid is visible in the state government financial performance till 2021-22. However, the actual turn around happened in 2022-23.

Vodafone Idea’s net loss narrowed sequentially to Rs 6434.4 crore in the fiscal first quarter,from Rs 7675 crore, on the back of lower finance and depreciation & amortisation costs, even though it continued to be dragged by heavy customer losses and high debt. Operationally, the joint venture between UK’s Vodafone and India’s Aditya Birla Group, continued to battle with operational challenges. The telco’s average revenue per user (ARPU) — a key performance metric — remained flat sequentially at Rs 146, even though the full impact of the recent headline rate hikes will flow in only from the fiscal second quarter. But there was a marginal rise in 4G user base that boosted data usage sequentially.

The November election is still months away but with Minnesota Gov. Tim Walz recently named as Kamala Harris’ political partner, the future of drug policy looks bright. As do the formerly “risky” investments and alternative sources of capital retention, like cannabis.

major domestic appliances saw an 18 per cent value-based growth in the first half of 2024, helped by a strong demand for essential household items, according to a report from GfK. The growth in MDA (major domestic appliances) market was led by Key categories such as air-conditioners and refrigerators, which reported a growth of 30 per cent and 7 per cent, respectively. «This growth is 3X of growth in 2023 over the previous year,» said the report from GfK, which is now an NIQ Company, a leading global market and consumer intelligence firm. The small domestic appliances market recorded a 29 per cent increase in value, reflecting heightened consumer interest in home convenience products, according to the report.

home ministry with state governments for extending invitation to the 'At Home' function at Raj Bhavans on Independence Day. Those whose names were mentioned during Prime Minister Narendra Modi's "Mann ki Baat" radio broadcast, "Swacchagrahi" or foot soldiers who have played a key role in cleanliness drives and women sarpanches (village heads) are also part of the list shared by the Union Ministry of Home Affairs to be invited for the function. Every governor and lieutenant governor hosts the respective chief minister, ministers, top civil, police officers, prominent citizens with high tea at their official residence — Raj Bhavan or Raj Niwas — in the evenings of every Independence Day and Republic Day. The event is called 'At Home'. In a communication to chief secretaries of all states, the home ministry said the 'At Home' function should be commenced after 6 pm.

The SEC has meted out a $430,000 penalty against a Bellevue, Washington-based investment over its failure to comply with the new marketing rule amendments adopted in December 2020.

₹945 crore. June quarter marks the fifth consecutive quarter of subdued revenue performance with growth being flattish in FY24 after two years of strong show. In the March quarter earnings call, Bata’s management had said it was seeing initial signs of demand recovery.

Shares of Inox Wind zoomed to lock at an upper circuit of 20% to its fresh all-time high of Rs 209 after the company posted a profit of Rs 50 crore in the June quarter against a loss of Rs 65 crore in the corresponding quarter of the last year. The company's consolidated revenue rose 85% YoY and 16% QoQ to Rs 651 crore for the quarter ended June 2024. The consolidated EBITDA stood at Rs 157 crore for the said period, which is up by 349% YoY.