Profiles Financial News

Assam based Numaligarh Refinery Limited (NRL) is executing its mega project of laying of a cross country pipeline of 1635 km from Paradip Port in Odisha to Numaligarh along with expansion of its refinery from 3.0 MMTPA to 9.0 MMTPA, as part of ‘Numaligarh Refinery Expansion Project (NREP)’. The prestigious NREP Project is the single largest Investment in Northeast India as part of Government of India’s ‘Hydrocarbon Vision 2030 for North East India’. The pipeline passes through five States traversing numerous enroute crossings including all major rivers of East India, namely Ganga, Jia Bharali, Subansiri, Brahmaputra through a technique called Horizontal Directional Drilling (HDD) with intersection. Subansiri River, which connects Lakhimpur in the North and Majuli in the South side, is one of the of the most challenging HDD sites due to its complex 3510-meter-long profile length for a 26-inch diameter pipe.

Roaring equity markets as 2023 drew to a close helped boost assets managed by the Canada Pension Plan Investment Board to $590.8 billion in the third quarter ended Dec. 31, up from $576.1 billion in the previous quarter.

Mumbai: Large private sector banks such as ICICI Bank, HDFC Bank, and Axis Bank have informally agreed among themselves not to poach employees from each other, as they seek to stem attrition, particularly at the junior level. Senior executives in these private banks have told Mint that they are ensuring that candidates with less than 2 years of work experience are not hired from a rival lender. “We did have attrition which is very high at the junior level.

Top developers are entering new markets for residential projects, as rising urbanization and an expanding middle class fuel a housing boom. Developers are exploring opportunities particularly in cities such as Hyderabad, Pune, Bengaluru and Gurugram that have seen high sales. Mumbai-based Godrej Properties Ltd this week acquired 12.5 acres in Hyderabad’s Rajendra Nagar locality to develop a premium residential project, marking its entry into the city.

India, 15th February 2024: Cressanda Railway Solutions empaneled with Central Bureau of Communication, Ministry of Information & Broadcasting is on a new high as its revenue growth in the third quarter of 2023-24 financial years has leaped forward to an impressive height. While the total revenue grew by 296.39% QoQ (Quarter on Quarter) and 93.91% YoY (Year on Year), profit before tax jumped by 189.13% QoQ and 173.93% YoY.

₹6 lakh crore, becoming the second PSU company, after Life Insurance Corporation, to achieve this milestone, as its upward trajectory continues. Also Read: SBI emerges as second PSU firm to surpass ₹6 lakh crore market cap Going forward, the stock is likely to maintain its upward trajectory, according to the projections made by the domestic brokerage firm Motilal Oswal.

Cetera has just deepened its bench of talent by drafting a seasoned advisor to its ranks.

The index of industrial production (IIP) has in recent years been coming under increasing criticism for not being relevant for contemporary users. A recent op-ed in Mint (‘India’s IIP is losing its relevance as a lead indicator of economic growth’)(bit.ly/42D5YvE) is a good example. These criticisms are valid, and to better understand the disaffection, it is useful to review the manner in which the series is constructed.

Raymond James is bolstering its presence in the wealth management space as it brings on board a seasoned financial advisor previously with Morgan Stanley.

Shares of British semiconductor and software design company Arm Holdings (NASDAQ:ARM) have been on a roller on Wall Street this year. Despite the Cambridge-based company's 20% drop yesterday, the microprocessor manufacturer is still up nearly 60% in 2024.

₹33.05 lakh including stock options, performance bonuses, one-time payments, and so on. The median salary for graduates of the two-year MBA programme for batch of 2023 at IIM-Ahmedabad was not available. The 2024 batches at business schools are currently at the fag end of placements seasons.

Mark Zuckerberg gave his verdict on the Apple Vision Pro on Wednesday, signalling the start of a new rivalry in the virtual reality space. Zuckerberg found little to praise about the Vision Pro and instead found his company's rival product, Meta Quest 3, to be more appealing to a wider audience. Also Read | Apple Vision Pro makes it to Bengaluru streets.

Valentine's Day, Google took a unique approach to celebrate love with its latest Doodle, inviting users to explore the intriguing world of chemistry. Departing from the traditional symbols of romance like chocolates and flowers, the tech giant introduced 'Chemistry Cu Pd,' a playful yet educational venture into finding your elemental match.

dating, and the implications are: Catfishing and online scams are overtaking Cupid’s Arrow. The study surveyed 7,000 people in seven countries worldwide, including India. The rise of powerful AI tools complicates the online dating landscape. By leveraging easy-to-use AI tools, romance scammers can craft convincing messages and realistic profile images to trick people looking for love online.

Salary hike remains the number one reason for job hopping. If dreams of a fatter paycheck are what has attracted you to a particular job or designation, you are not the only one! After all, what is an attractive LinkedIn profile beefed up with glowing recommendations, impeccable academic qualifications, etc worth if they can’t fetch you an enviable paycheck at the end of the day? However, asking for a good salary — that is worthy of your profile, experience, and accomplishments may be an uphill task for many. Whether you are just painfully shy, or just unwilling to beat your drum, you may end up underselling yourself at the interview, and consequently, have to settle for a lesser pay packet. Career expert Matt Gavin, who is associated with Harvard Business School, shared some tips to put your best foot forward when negotiating your compensation package during an interview.

Mirae Asset Mutual Fund has announced India’s first Multi factor-based ETF on Nifty Smallcap250 Index, ‘Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF’, an open-ended scheme replicating/tracking Nifty Smallcap 250 Momentum Quality 100 Total Return Index, and the ‘Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund’, an open-ended fund of fund scheme investing in units of Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF.

X-ray polarimetry mission XPoSat launched on January one, has commenced its scientific observations. A pulse profile of the Crab pulsar is generated from the observations carried out by POLIX during January 15-18, the ISRO said on Tuesday. The Crab pulsar, a pulsating star, resides near the centre of the Crab Nebula and spins about its axis approximately 30 times per second. The POLIX payload was activated in two stages by January 10, and initial scan observations were conducted around the Crab pulsar, the intended first target. The data plotted was collected during January 15-18, and thoroughly reviewed for confirmation. The data aligns with expectations, the space agency said. «This initial observation is a significant milestone for POLIX, showcasing its functionality and readiness for investigating pulsars, black holes, and other astronomical sources,» ISRO said.

Valentine’s Day, you may have to disclose your credit score, among other things to prove you are ‘fit enough’ to be someone’s Valentine. This is not just another buzz word which dating sites have lapped up on Valentine's Day, but a new way of life that manifests itself in different forms and shapes around us. It is interesting to note that a high credit score is not a prerequisite for a sound financial wealth.

Elon Musk-owned social media platform X (formerly Twitter) will soon allow advertisers to place ads next to a curated list of content creators with its new Creator Targeting feature. Advertisers will now be able to choose to have their ads run before videos from specific creators, and these ads will be visible in the user's home timeline and on the creator's profile.

Modest gains in some corners of fixed income contrast with sharp losses elsewhere for year-to-date results with the broadly defined US bond market, based on a set of ETFs through Friday’s close (Feb. 9).

Scammers are now using artificial intelligence (AI) to scam love-seekers on dating websites, with 26% of Indians reporting that their potential love interest turned out to be an AI-generated bot and not a real person, a new survey showed. Cybersecurity firm McAfee has found in a survey that 77% of Indians have come across fake profiles and photos generated using AI tools created to commit romance scams and catfishing. 39% of Indians said their conversations with a potential love interest online turned out to be with a scammer.