Performer Financial News

boat accident in Harni lake on the outskirts of Vadodara city in Gujarat, three persons, including a manager of a contractor, have been arrested, said a police official on Friday. Following the tragedy on Thursday afternoon, the Harni police had registered an FIR under sections 304 (culpable homicide not amounting to murder) and 308 (attempt to commit culpable homicide) of the Indian Penal Code against 18 persons, including the partners of Kotia Projects, which was given the contract to run Harni Lake Zone by the civic body. «We have already arrested the manager of the Harni Lake Zone, Shantilal Solanki, and two boat operators — Nayan Gohil and Ankit.

Stock market update: The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) are going to conduct the special live trading session in the equity F&O segment on 20th January 2024 i.e. on Saturday next week. The BSE and NSE aim to switch to the DR site through this special live session.

Sobha, Brigade Enterprises, DLF, and Macrotech Developers, rallying between 101 percent and 135 percent. Meanwhile, Godrej Properties, Phoenix Mills, Oberoi Realty, Indiabulls Real Estate and Sunteck Realty also jumped between 26 percent and 89 percent each. On the other hand, in the Nifty Energy index, NTPC was the top-performing stock, up over 80 percent in the last one year, followed by Indian Oil, Tata Power, GAIL, and ONGC, up over 50 percent each.

Sandip Sabharwal, asksandipsabharwal.com, says “the consumption slowdown is a reality and when it will bottom is tough to say. But normally, it tends to bottom once inflation gets stabilized and then there is a pickup. Hopefully from this quarter, we see some signs of a pickup that could continue into 2024.” The markets went up, ignored all the worries and now the reality is just dawning on us. It is the other way around. Sandip Sabharwal: I think the reality of what is dawning is that the results which were expected might not be as good as what people were expecting. And that is what we have seen with the largecap technology results, which excited a lot of people, but I think the worry is out there and next year will not be as good as what people expect. Then we had insurance companies, which also disappointed and HDFC Bank. Now IndusInd Bank's results are slightly different from HDFC Bank in that they were able to maintain their NIMs but then there is some stress on the balance sheet, so they use their contingency reserves to show better results. The markets overall, are fully priced in a sense. We need some sort of value correction, some sort of time correction, for the markets to become healthy overall for a patient investor.

KUALA LUMPUR (Reuters) — Malaysia's economy likely grew 3.4% year-on-year in the fourth quarter of 2023, slightly faster than the previous three-month period, official advance estimates showed on Friday.

earnings heavy day with 46 listed companies to declare their December quarter earnings. Street will be keenly looking at the results of Reliance Industries (RIL), Hindustan Unilever (HUL), UltraTech Cement and Paytm operator One 97 Communications. The other important results will be from the likes of Atul, Central Bank, Hindustan Zinc, RBL Bank, Sunteck Realty and Supreme Industries. On Thursday, IndusInd Bank and Polycab India announced their October-December quarter results along with 40 other companies. While the private lender reported standalone net profit growth of 17% year-on-year at Rs 2,298 crore which was up from Rs 1,959 crore in Q3FY23, Polycab posted a double-digit growth in both profit and revenue for the said quarter. The consolidated net profit rose 15.4% year-on-year (YoY) to Rs 413 crore.

Reliance Industries is scheduled to release its December quarter earnings after market hours on Friday. In the run-up to the earnings, some bit of caution in the market is set to prevail, as investors wouldn’t want to keep open positions ahead of the weekend. So far in January, shares of the index major have gained nearly 6%. The earnings and the outlook that RIL will offer will decide the sustainability of the gains in the counter. Let’s look at the major things to watch out for in the earnings scorecard of the toy-to-telecom conglomerate.

Ayodhya Ram Mandir on Thursday, ahead of the Pran Pratishta ceremony, scheduled on January 22,. Concealed beneath a veil, the photo of Lord Ram idol was revealed during the placement proceedings in the sanctum sanctorum.

Investing.com-- Most Asian stocks rose on Friday as a positive, AI-fuelled outlook from TSMC spurred a rebound in the technology sector, although weakness in China and uncertainty over interest rates put most bourses on course for a weekly loss.

Reliance Industries: Mukesh Ambani-owned Reliance Industries Ltd will announce its December quarter (Q3FY24) results on 19 January, Friday. The oil-to-telecom conglomerate is expected to report a 9.3% year-on-year rise in consolidated net profit to ₹17,257 crore, aided by a steady performance of its digital and retail businesses. Consolidated revenue for Q3FY24 is likely to rise 5% YoY to ₹2.31 trillion.

Salaar: Cease Fire - Part 1" continues to maintain a presence at the Box Office. As per Sacnilk.com's approximations, the movie garnered approximately 0.25 Cr in net earnings in India on its twenty-eighth day across all languages.Despite experiencing a decline in box office figures compared to its earlier performances, the film has achieved a noteworthy milestone, particularly given its almost four-week presence in theatres.

Nelson Peltz’s Trian Fund Management is formally nominating the activist investor and a former Disney executive for a seat on Disney’s board, two days after the media and entertainment company nominated its own slate of directors

SpaceX has launched Turkey's first astronaut along with a Swede and Italian to the International Space Station

$TIA is likely to return an excellent profit to crypto investors who commit to it. The trending altcoin shows huge potential, with exciting rallies since the beginning of the year. It’s set to be a top gainer this year, and analysts are optimistic about its boom.

Followers of Ethereum-based staking protocol Rocket Pool’s X account have over the past 24 hours found themselves caught in a web of confusion. Hackers took control of the account and used it to spread misleading information about a supposed smart contract breach.

For nearly a week, frigid temperatures from Chicago to northern Texas have made life difficult for electric-vehicle drivers

Emma Raducanu demonstrated incredible resilience in her Grand Slam comeback at the Australian Open, refusing to quit despite facing physical challenges. In a hard-fought second-round match, the 21-year-old British player battled against China's Wang Yafan, ultimately losing 6-4 4-6 6-4, even while dealing with discomfort that included «throwing up» during the match. This match marked Raducanu's fourth appearance following wrist and ankle surgeries that sidelined her for eight months. Despite the adversity, she emphasized her newfound toughness, stating, «Everything I went through last year has made me so much tougher.» Raducanu made it clear that pulling out was not an option, declaring, «There was no way I was going to pull out. She was going to have to beat me — and she did.»

Africa Cup of Nations after facing challenging initial matches. Ghana suffered a setback in their first game as Cape Verde secured a shocking victory with a 92nd-minute winner from Garry Rodrigues. Despite Alexander Djiku's equalizer, Jamiro Monteiro's opener gave Cape Verde the lead. Meanwhile, Egypt managed to salvage a point in their opening game against Mozambique, with Liverpool star Mo Salah converting a 97th-minute penalty after Mozambique took a 2-1 lead.

pran-pratistha’ or the consecration ceremony. According to several reports, the PM will be following the ‘Yam Rules’ for the rituals. He would be subjecting himself to an 11-day code that includes purifying the mind, body, and soul with meditation, following a rigid ‘sattvic’ diet (a diet that consists of eating pure vegetarian fare and avoiding any food with onion and garlic). The Prime Minister has been sleeping on the floor, with only a blanket, and drinking coconut water as per reports. The consecration ceremony of the temple, which started on January 12, will end on January 22. The Prime Minister will perform the ‘pran pratistha’ ceremony. A team of priests led by priest-in-chief Laxmikant Dixit will take over the main rituals. Several luminaries from the world of business and entertainment such as Harsh Goenka (Chairman of RPG Enterprises), cricketer Virat Kohli, and his wife actress Anushka Sharma, Bollywood actor Ranbir Kapoor and his wife, National Award-winning actress Alia Bhatt, Telugu stars Ram Charan, Prabhas, Tamil star Rajinikanth etc. Arun Govil & Deepika Chikhalia, the actors who played Lord Ram and Mata Sita in the hugely popular ‘80s TV series ‘Ramanand Sagar’s Ramayan’ will also be present at the ceremony on January 22.

₹150 crore in SBI's escrow account by January 31. If the company fails to make the payment in said time then the consortium is not in compliance with the terms of resolution plan for reviving Jet Airways. The top court also refused to allow the separate plea of the Jet Aircraft Maintenance Engineers Welfare Association seeking payment of provident fund and gratuity dues, observing if additional money is awarded, the resolution plan will become “unworkable".

Narendra Modi will visit some significant temples in Tamil Nadu on January 20 and 21, his office said on Thursday. The visit to various temples by the prime minister comes ahead of the Ram temple 'Pran Pratishtha' ceremony in Ayodhya on January 22 which will be attended by him and a host of other dignitaries. On January 20, Prime Minister Modi will participate in a programme at Sri Ranganathaswamy Temple in Tiruchirappalli, Tamil Nadu, at around 11 AM.