Performer Financial News
20.02 / 15:47
UPS
Provident
students
performer
information
rights
Colleges
After criticism, Stephen's College withdraws order on suspension of students for missing assembly
morning assembly, the Stephen's College on Tuesday withdrew the decision clarifying that the email sent to students was «incorrectly worded» and «miscommunicated». In an email addressed to students and their parents, Stephen's College principal John Varghese clarified will that there will be no suspension with regard to attendance for the morning assembly. «On Saturday, 17th February 2024 an email was sent from my office. It was a miscommunication, incorrectly worded and my sincere apologies for that. I was also not copied on that email, a practice which is normally followed when I instruct my office to communicate, in written mode, on my behalf. Let me therefore set right the matter through this email,» the email by Varghese read. The principal also stated that the morning assembly held in the college is an old tradition and not organised as a religious exercise while pointing that small portions from several religious and philosophical texts are read out during the assembly.
20.02 / 15:42
markets
Platform
Trade
show
performer
reports
Stellar (XLM), Tron (TRX) and Everlodge (ELDG) in the Cryptocurrency Market 2024
Everlodge (ELDG) has come a long way after concluding its presale at the end of January. Since then, the ELDG token has been listed on the Uniswap exchange, where investors can trade the token for profit. Notably, early investors have promptly added their wallets on the platform to receive their tokens.
20.02 / 15:41
UPS
performer
reports
prevention
Videos
West Bengal news: BJP allegedly hurls 'Khalistani' jibe at IPS officer in Sandeshkhali; Sikhs plan protest. What we know
Sandeshkhali saw a newer problem erupt when Bhartiya Janata Party (BJP) workers allegedly called an IPS officer deputed at Dhamakhali, a ‘Khalistani’. The Sikh IPS officer had been stationed to prevent senior West Bengal BJP leader Suvendu Adhikari from visiting restive Sandeshkhali in North 24 Parganas district. Here's what we know so far IPS officer Jaspreet Singh, who along with his team was deputed at Dhamakhali and had put up barricades to stop Suvendu Adhikari from visiting Sandeshkhali located just across Kalindi River, was allegedly called a "Khalistani" by a group of BJP supporters.
20.02 / 15:41
markets
UPS
Dash
Platform
Food
performer
reports
Zomato vs DoorDash: Homegrown food delivery platform performs better than US major
Zomato performed better than US-based food delivery platform DoorDash. According to brokerage firm Elara Securities, DoorDash reported 27% year-on-year (YoY) revenue growth to $2.3bn in Q4CY23 whereas Zomato food delivery adjusted revenue grew 29.4% YoY to ₹20.3 billion in Q4CY23, higher than Dash Dash also reported lower gross order value (GOV) YoY growth at 22% vs Zomato’s 27%. Dash's GOV and revenue growth is attributed to a 23% YoY increase in total orders, growing the number of users grew to 37 million, higher average order frequency, and better advertisement revenue.
20.02 / 15:41
UPS
economy
Food
wellness
Trade
performer
country
India set for strong growth in FY25 amid global headwinds: Finance ministry
NEW DELHI : India’s economy is performing well, with risks evenly balanced, to achieve 7% growth in FY25, but geopolitical tensions and geo-economic fragmentation pose risks to the country’s growth, the finance ministry said in its latest monthly economic review. In its economic review for January, the ministry said risks to global trade, including a spike in commodity prices due to the Houthi militant group’s attacks on important trade routes in the Red Sea region, have resulted in supply chain disruptions.
20.02 / 14:53
Manufacturing
WhatsApp
performer
information
NCLT allows Tata Steel to withdraw merger with TRF
NCLT has approved Tata Steel's proposal to withdraw merger with TRF Ltd, according to an exchange filing. On February 7, Tata Steel had said that its board has decided not to pursue the amalgamation of TRF Ltd, as the associate company is witnessing a turnaround in its business performance. «We would like to inform that the National Company Law Tribunal, Mumbai Bench (NCLT), vide its order dated February 8, 2024, has allowed the withdrawal of the scheme,» the steel major said in the filing. Tata Steel had earlier announced the amalgamation of nine of its strategic businesses, including Tata Steel Long Products, Tinplate Company of India, Tata Metaliks, TRF, The Indian Steel & Wire Products, Tata Steel Mining Ltd, S & T Mining Company.
20.02 / 12:43
markets
Research
community
trends
Market Sentiment
performer
social
Study Suggests Emoji Sentiment Correlates with Crypto Market Performance
A recent study by a team of researchers from Europe and Asia explored the possibility of predicting positive outcomes in crypto market trading using emoji sentiment on social media.
20.02 / 12:09
Strategy
Research
performer
innovations
information
Features
How Samsung S24 Ultra's intelligent Galaxy AI features are redefining the future of productivity
Introducing the Samsung Galaxy S24 Ultra—the ultimate companion for today's dynamic professionals. At the heart of this cutting-edge device lies the revolutionary Galaxy AI, which pushes the boundaries of communication and productivity.
20.02 / 10:33
Target
Booking
security
Election
Experts
performer
reports
PNC Infra, HG Infra Construction, Ahluwalia Contracts top Road Infrastructure sector stocks by Axis Securities post Q3
PNC Infratech, HG Infra Engineering Ltd, Ahluwalia Contracts. During the December quarter , road infrastructure companies continued to benefit from strong order book led by government spending. However the festive season, state elections and pollution control measure in the Delhi National capital region (NCR) etc were some dampeners when it came to execution.
20.02 / 10:33
ICE
Food
Bill
performer
blues
stars
Features
Best mini fridges to chill drinks and save space: Top 10 options to consider
Best mini refrigerators for space-conscious users: Top 10 picks to consider 1. Haier 42 L 5 Star Mini Bar Single Door Refrigerator (HRD-55KS, Black Steel) The Haier 42 L refrigerator is a compact and stylish refrigerator suitable for bachelors. Its capacity is 42 litres, making it ideal for storing essentials.
20.02 / 10:21
markets
IPO
Booking
Manufacturing
Diversity
performer
recommendations
Vibhor Steel Tubes share price nearly triples on listing day. Should you book profits?
Vibhor Steel Tubes made a stunning debut on the exchanges at a premium of 180%, surpassing the already high expectations of market participants. This stellar performance was fuelled by the company's strong fundamentals and an overwhelming investor response to the IPO, which was subscribed over 300 times.
20.02 / 10:21
Dreams
Election
performer
information
reports
Traffic
"UP se, 80 out of 80" Defence Minister Rajnath Singh exudes confidence in BJP's victory
Rajnath Singh on Tuesday expressed his confidence in the National Democratic Alliance's (NDA) victory in the upcoming Lok Sabha elections in Uttar Pradesh and said, "UP se, 80 out of 80." He said this while speaking to reporters after inspecting the Lucknow Ring Road from the Sultan Road Side. During his interaction, he informed that the Lucknow Ring Road would be completed by February 28 and added that the inauguration of the 104-kilometer Lucknow Ring Road would be done in the first week of March.
20.02 / 10:21
markets
Citi
Election
President
performer
reports
travelers
Indian hotel industry revenue expected to grow 7-9 pc in FY25: ICRA
Indian hotel industry is expected to report a 7-9 per cent revenue growth in FY2025 with occupancy likely to be at decadal highs, ratings agency ICRA said on Tuesday. Sustenance of domestic leisure travel, demand from meetings, incentives, conferences, and exhibitions (MICE), including weddings and business travel despite a temporary lull during the election period are likely to drive demand in FY2025, ICRA said in a statement. Spiritual tourism and tier-II cities are also expected to contribute meaningfully in FY2025, it added. ICRA said domestic tourism has been the prime demand driver in FY2024 and is likely to remain so in the near-term. Foreign Tourist Arrivals (FTA) are yet to recover to pre-Covid levels and the improvement would depend on the global macroeconomic environment.
20.02 / 10:19
Target
Platform
Research
Trade
performer
reports
S&P Global close to acquiring Visible Alpha for over $500 million - FT
S&P Global (SPGI) is close to reaching an agreement to acquire the research platform Visible Alpha, a deal that could push its valuation over $500 million, according to the Financial Times.
20.02 / 10:17
markets
Target
economy
NVIDIA
Nikkei
performer
testing
Rate Cut
interest rate cut
Asian stocks
Asian stocks find little cheer from China’s interest rate cut
Investing.com-- Most Asian stocks retreated on Tuesday, extending recent losses as persistent concerns over slowing economic growth and high U.S. interest rates largely offset a bigger-than-expected cut in China’s benchmark lending rate.
20.02 / 09:11
UPS
Provident
performer
Equality
Features
Videos
Noise earbuds under ₹2000 with excellent sound output: 8 picks for you
₹2000. We have included models from every price range and segment, catering to different usage and requirements. The reviews will allow you to have a holistic idea about the performance of every earbud, while the reasons to buy and reasons to avoid will give you a clear analysis of what is a dealbreaker or maker for every product.
20.02 / 07:47
COST
UPS
Target
Trade
performer
country
Coal India share price down 4%: Should you Buy, Sell or Hold the stock?
Coal India share price corrected more than 4.0% in the intraday trades on Tuesday. The Coal India stock that has scaled 52-week highs of ₹487.75 on 16th February after having more than doubled from 52 week lows of ₹207.75 on MArch'2023, has given up some parts of the gains. The volume outlook for Coal India remains strong as was highlighted by the management during the recent investor presentation on 19th February.
20.02 / 07:35
Reuters
CEO
Strategy
Trade
performer
reports
Updates
Barclays posts fourth-quarter net loss, announces £1 billion share buyback
LONDON — Barclays on Tuesday reported a fourth-quarter net loss of £111 million ($139.8 million) as the British lender delivered its first major strategy update since 2016.
20.02 / 05:57
Compilation
WhatsApp
wellness
Experts
show
performer
Recovery via IBC eases to 26% in December quarter
Creditors’ recovery from defaulters under the Insolvency and Bankruptcy Code (IBC) dropped to almost 26% of their admitted claims in the December quarter from 33% in the previous three months, showed the latest data compiled by the insolvency regulator. The realisation in the December quarter—Rs 4,281 crore from 79 firms—seems to have been hit by long delays in resolution. About two dozen of these rescued firms saw the resolution processes stretching beyond four years, well beyond the stipulated time frame of 270 days, suggesting erosion of the stressed asset value. The recovery, however, was 74.7% of the fair value of the stressed companies when they were admitted for resolution and 128.6% of the liquidation value of these companies, according to the Insolvency and Bankruptcy Board of India data.
20.02 / 05:57
markets
UPS
Digital
Booking
Entertainment
wellness
performer
Take some money off PSBs & get into 3 largecap private banks; bullish on 4 stocks in auto space: Sanjiv Bhasin
Sanjiv Bhasin, Director, IIFL Securities, says, “private banks are now a much better space to grow rather than some of the PSUs. So, take some money off the PSUs. We are not saying totally exit but get into some of the quality largecap private banks including HDFC Bank. There will be a gradual incline and at a two-time price to book, HDFC Bank seems to be the largecap that can move. We are optimistic on all three – HDFC, ICICI and Kotak.” The Zee Entertainment stock continues to entertain. This morning again there are reports coming in which suggest that the merger talks are back on the table and probably we will hear more updates in the next 24 to 48 hours. What should one do as an investor or a trader? Sanjiv Bhasin: Lovely news being played out with both Paytm and Zee being contrarian. We hold both the stocks and we told you, you cannot get entertainment in India of the size of Zee at Rs 14,000 crore. I think there will be a huge breakthrough and if it does become an MNC, then God willing 350, 400, 500, anything is on the cards. All you have to do is go through this in the next 48 hours. I am very positive. Whatever the differences are, both the parties are sitting down. We will leave it up to that.
20.02 / 04:33
markets
UPS
Election
Trade
performer
Mutual funds join multi-billion dollar PSU rally, eye 2014 record in election year
dollar rags-to-riches story of Indian PSU stocks is leaving mutual fund managers with no option but to join the party even if they are late than momentum-chasing retail investors. The ownership of PSUs in mutual funds has just crossed a 3-year high and looks poised to break the levels seen during the 2019 and 2014 Lok Sabha elections. The first leg of MFs chasing PSU stocks, which was in sync with global revival in value trade, began in 2021-2022 but was restricted to few largecap PSU stocks only.
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