Performer Financial News

13.08 / 19:43

COST Provident Target FIVE performer For a buyer, IDBI will have pleasant surprises: Rakesh Sharma

IDBI Bank was at the heart of Indian industrialization pre-2000 but collapsed under its own weight. After a turbulent phase, it is being readied for privatisation as a turnaround story. The bank's chief executive Rakesh Sharma tells Joel Rebello and MC Govardhana Rangan that the transformation journey has burnished the allure of the lender that, at one point in time, had the highest bad-loan ratio relative to the funds advanced.

13.08 / 18:13

Provident FIVE Aware Assurant Deloitte performer exit Deloitte’s Adani Ports exit reveals a Hindenburg link

₹1.75 trillion Gautam Adani-led company’s resistance to conduct an independent external evaluation. As a “material weakness" identified as at 31 March, Deloitte said, “The company (Adani Ports) did not have an appropriate internal control system in respect of conducting an external examination of allegations made on the company." Deloitte said Adani Ports did not have adequate internal control system to even examine veracity of allegations ( made by Hindenburg) on related party relationships, which could potentially result in possible adjustments or disclosures of related party relationships, balances and transactions in the standalone financial statements.

13.08 / 18:11

Ball Remark performer stage Southampton FC Women stage dramatic comeback, defeat Hashtag United 4-1 in pre-season clash

pre-season friendly clash, Southampton FC Women displayed their resilience by rallying with four second-half goals to overcome Hashtag United with a 4-1 victory on Sunday.

13.08 / 18:11

Ball Mobile performer star exclusive blues Daniel Sturridge draws Parallel between Chelsea’s Nicolas Jackson and Didier Drogba; Here’s what he said

Nicolas Jackson at Chelsea has garnered praise from Daniel Sturridge, who likens the young striker's playing style to a combination of a young Mario Balotelli and club legend Didier Drogba. The former Blues player spoke highly of Jackson's skills, versatility, and goal-scoring prowess, highlighting his potential to make an impact. Speaking about Jackson's signing, Sturridge expressed, «I think the signing of Nicolas Jackson, for me, is a very good signing.

13.08 / 17:03

UPS Waves Strategy Southern performer play Karnataka Congress leader DK Shivakumar may get to play major role in upcoming Assembly Polls in Telangana

DK Shivakumar may get to play a major role in the upcoming Assembly polls in Telangana as the Congress gears up to take on the ruling Bharat Rashtra Samithi (BRS), led by chief minister K Chandrashekar Rao. Telangana Pradesh Congress Committee president Revanth Reddy is said to be already in consultation with Shivakumar, who is also the president of the Karnataka Pradesh Congress Committee (KPCC). The AICC is likely to assign him a major role connected with the elections, along with other important leaders and strategists.

13.08 / 16:17

Citi Provident Rhythm Celebrity Pride performer Dominican Day Parade 2023: When is it and where can you watch it live? Here are all the key details

National Dominican Day Parade, a prominent showcase of Latino pride, will illuminate the streets of Midtown Manhattan on Sixth Avenue. This annual event promises to immerse the city in the captivating colors and rhythms of the Dominican Republic. In an unprecedented turn of events, this year marks a historic occasion as the President of the Dominican Republic graces the parade as the Grand Marshal. This notable presence adds a special touch to the 41-year legacy of the celebration.’

13.08 / 15:55

COST Progressive CEO performer Inside Hanesbrands Weekly Barington decries Hanesbrands management: Insider trades & hedge funds weekly

By Davit Kirakosyan

13.08 / 15:27

Assurant Puzzle performer stage audience song Ed Sheeran's Autumn Album tease: Is new music coming post-Mathematics Tour? Here's the scoop

Renaissance tour dominate headlines, it's the iconic Shape of You crooner, Ed Sheeran, who's captured the spotlight. Currently crisscrossing America with his Mathematics tour, Sheeran has been serenading audiences with tunes from his acclaimed Divide and Subtract albums. But it's a tantalizing hint dropped during one of his performances that's fueling anticipation for what could be a new album release. Here's what enthusiasts are buzzing about.

13.08 / 13:33

UPS Provident Manufacturing Align Enterprise performer Netweb Technologies Q1 Results: Profit declines 9% YoY to Rs 5 crore, revenue drops 13%

Netweb Technologies on Sunday reported a profit after tax of Rs 5.1 crore for the June quarter of the financial year 2023-24. This is a decline of 9.2% from Rs 5.6 crore clocked in the corresponding quarter of last year. On a quarter-to-quarter (QoQ) basis, Netweb Technologies posted a 51.6% decline in profit after tax at Rs 5.1 crore in Q1 FY24 compared to Rs 10.5 crore in Q4 FY23.

13.08 / 13:11

COST Booking NIFTY performer Party over for small & midcaps? Aamar Deo Singh of Angel One decodes trends

Overall the midcap and the smallcap indices closed in the green last week; however, the advance-decline ratio is slowly changing in favor of the declines, indicating sell-off and profit booking in the broader market, says Aamar Deo Singh, Head Advisory at Angel One. Given the current volatility, profit-booking should be looked at, given that opportunities for fresh entry would emerge in coming weeks, he adds.Q: What are your expectations from Nifty next week after a dull week with 0.45% net weekly declines? Last week, markets continued to witness selling pressure, with the indices closing in the red for the 3rd consecutive week.

13.08 / 12:45

COST Digital Remark IBM performer IBM's prototype 'brain-like' chip promises greener AI

Tech major IBM has said that its prototype 'brain-like' chip could make artificial intelligence (AI) more energy efficient. There are growing concerns about the emissions generated by the large warehouses filled with computers that power AI systems, reports the BBC. According to IBM, its prototype could lead to more efficient, less battery-draining AI chips for smartphones.

13.08 / 11:43

Lowe's Target Remark Mosaic performer stage 3 Stocks From the Bargain Basement Amid Soaring U.S. Market PE Multiples

The price-to-earnings ratio is a cornerstone concept of fundamental analysis, playing a crucial role in gauging the appeal of a company’s valuation. Although limited in its insights when used in isolation, it serves as an excellent initial screening tool.

13.08 / 09:33

Platform awards film Actor love performer IFFM 2023: Abhishek Bachchan, Saiyami Kher starrer sports drama ‘Ghoomer’ receives standing ovation

Indian cinema. Organised withthe support of the Victorian Government and the backing of Indian film aficionados, IFFM has emerged as a global platform that fosters cultural exchange and appreciation of cinema. The festival will run till August 20.

13.08 / 08:25

Provident CEO Action Parke show performer Inside Nikola recalls 209 battery-EV trucks over fire concerns

Nikola Motors has announced a voluntary recall of approximately 209 battery-electric vehicles (BEVs), after a coolant leak inside a single battery pack was found to be the probable cause of the truck fire at its headquarters. Internal investigations indicated a single supplier component within the battery pack as the likely source of the coolant leak and «efforts are underway to provide a field remedy in the coming weeks,» the automaker said in a statement.

13.08 / 07:57

UPS Action Chase performer hospital Looking for a healthy portfolio amid volatility? 8 stocks from hospital space with upside scope of up to 27%

It was Covid cases which brought hospital stocks in the news. Post Covid it is the corporate actions, like merger and takeover-related news is keeping them in the headlines.

13.08 / 07:11

performer country Bank of Maharashtra tops PSU lenders chart in loan, deposit growth in Q1

Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in loan and deposit growth in percentage terms during the first quarter of the current financial year. The deposit and advances of the Pune-based lender recorded nearly 25 per cent rise, the highest by any public sector bank during the April-June quarter. With a growth rate of 24.98 per cent the gross domestic advances of the bank rose to Rs 1,75,676 crore at the end of June 2023, according to published quarterly numbers of the public sector banks (PSBs).

13.08 / 06:27

UPS Chase performer country audience Deal Football Australia chases record TV deal after Matildas success

Football Australia will attempt to leverage the on-field success of the Matildas and their history-making television ratings to secure a new multimillion-dollar broadcast deal for the national soccer teams.

13.08 / 05:49

COST Manufacturing NMC performer social Doctors to prescribe generic drugs or face license suspension: NMC

According to a regulation by the top medical body, the doctors will have to prescribe generic drugs to patients, or else they will be penalised even if their license to practice may also be suspended for a period. In the latest notification by the National Medical Commission (NMC), doctors need to avoid prescribing branded generic drugs. Even though doctors are currently required to prescribe generic drugs only, there are no penal provisions mentioned in the regulations issued in 2002 by the Indian Medical Council.

13.08 / 04:57

UPS Airlines Remark Hawaiian performer Indian Indian-American doctor allegedly performs lewd act next to minor on flight, arrested

A 33-year-old doctor of Indian-American origin has been arrested in the United States for allegedly exposing himself and performing a lewd act next to a teenage girl onboard a flight. The incident reportedly occurred aboard a flight from Honolulu to Boston in May last year. Dr.

13.08 / 04:57

COST Lowe's performer week Stock market last week: A tale of investor enthusiasm, earnings realities, and sectoral resurgence

Lupin, Natco Pharma, and Granules. Secondly, is to highlight the performance of PSBs and small banks in the finance sector. The PAT growth of PSU banks was robust, doubling compared to Q1 FY23.

13.08 / 00:51

IPO Target NIFTY SENSEX performer country week Macro data, global cues, FII inflows & more: Key triggers for stock markets this week

top drag on the Sensex index, followed by those of ICICI Bank, Infosys and Hindustan Unilever. Mid and smallcaps also fell but they still outperformed the benchmark. The BSE Midcap index ended 0.13 per cent lower while the Smallcap index ended with a loss of 0.31 per cent.

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