Reports Financial News

02.05 / 09:53

UPS Reuters Food reports testing Destinations In charts: India’s spices exports raise a stink abroad

Reuters reported on Thursday. The move by the Food Safety and Standards Authority of India comes at a time when the country’s popular spice brands are under scrutiny for quality-related concerns after Hong Kong and Singapore banned certain readymade spices from MDH and Everest—considered household names in India for spicing up our daily food palette. The development is not good news for the world’s largest spice producer and consumer.

02.05 / 09:53

markets UPS Bill reports Crude oil prices drop 5% in 2 sessions on sharp rise in US inventories, down 10% from April peaks

Also Read: India's oil import bill could rise to $101-104 billion in FY25, says ICRA report Additionally, the EIA reported a notable rise in US crude oil production to 13.15 million barrels per day in February, up from 12.58 million bpd in the previous month. This marks the most significant monthly increase in almost three-and-a-half years. In just two sessions in May, both Brent and Crude futures experienced a 5% decline.

02.05 / 09:53

markets Target CEO performer reports recommendations Q4 results review: IndiaMART InterMESH zooms 10% despite target price cuts as Q4 PAT jumps 79%

IndiaMART InterMESH (Indiamart) surged 10 percent in intra-day deals today (May 2) on the back of robust March quarter (Q4FY24) results. The rise comes even after brokerages cut target price for the stock post its Q4 results. The stock rose as much as 10 percent to its day's high of ₹2,913.

02.05 / 09:19

COST Action Strategy performer reports recommendations Dabur Q4 Results: Net profit jumps 16% YoY to Rs 350 crore; revenue rises 5%

Revenue from operations increased 5% year-on-year (YoY) to Rs 2,815 crore for the reporting period.

02.05 / 08:39

UPS WhatsApp Trade show reports Share price of Pidilite Ind falls as Sensex gains 259.46 points

Pidilite Industries Ltd. dropped 2.05 per cent to Rs 2983.8 at 02:00PM (IST) in Thursday's trade. The stock hit a high of Rs 3116.0 and low of Rs 2965.2 so far during the session. The stock had closed at Rs 3046.55 in the previous session. The counter had a total traded volume of 02:00PM shares so far with a turnover of Rs 36.13 crore on BSE. The stock traded at a price-to-earnings multiple of 86.7 and a price-to-book ratio of 16.59.

02.05 / 08:39

Digital Aware CEO Platform 2020 reports Schools Paytm Money CEO Varun Sridhar steps down; Rakesh Singh appointed as chief executive

Paytm Money, the wealth management platform of One 97 Communications Ltd, has appointed Rakesh Singh as its CEO replacing Varun Sridhar, who had been its chief executive since 2020, people aware of the matter said. Singh, who was the CEO of broking services at PayU-backed Fisdom, is learnt to have joined Paytm Money last month, one of the persons said, adding that Sridhar has been moved to a different role within the group.

02.05 / 08:39

markets UPS Booking Gap Trade reports DLF shares up 0.6% as Sensex rises

DLF Ltd. gained 0.6 per cent to Rs 897.4 in Thursday's session as of 01:55PM (IST) even as the equity benchmark Sensex traded 297.53 points higher at 74780.31. Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 967.0 and a 52-week low of Rs 415.15 on NSE. Around 71284 shares changed hands on the counter till 01:55PM (IST).

02.05 / 08:35

BTC Platform Research Bitcoin reports Riot Platforms Riot Platforms Reports $211.8M Q1 2024 Net Income, Falls Short of Revenue Expectations

Bitcoin mining firm Riot Platforms has announced a remarkable net income of $211.8 million for the first quarter of 2024, a staggering 1,000% increase compared to the same period last year.

02.05 / 08:35

UPS Citizens Trade reports crypto phishing Crypto Phishing Attacks ‘Rampant’ in South Korea – Report

Crypto-related phishing attacks have become “rampant” in South Korea, a report has claimed, with a top financial regulator set to act.

02.05 / 08:35

UPS ETF BlackRock Bitcoin reports Bitcoin spot ETF BlackRock’s IBIT Experiences $37M Outflows for First Time, Other Funds See Combined $526.8M Withdrawals

The spot Bitcoin exchange-traded funds (ETFs) in the United States have witnessed record net outflows, with BlackRock’s iShares Bitcoin Trust (IBIT) experiencing its first-ever day of outflows.

02.05 / 08:35

markets Fighting UK FCA information reports guidelines Financial UK FCA Dedicated 30% of Financial Crime Personnel to Monitor Crypto Companies in 2023

The UK’s financial watchdog dedicated nearly a third (30%) of its financial crime specialists to overseeing crypto asset businesses in 2023, according to a report released on May 1.

02.05 / 08:35

BLOCK Bitcoin reports Investigations International compliance Jack Dorsey’s Block’s Crypto Unit Under Investigation Over Compliance Practices: Report

Federal prosecutors have launched an investigation into Block, the financial technology company co-founded by Twitter’s Jack Dorsey. The investigation focuses on alleged compliance lapses at its central units, Square and Cash App.

02.05 / 08:35

Tether USDT Bitcoin reports Tether USDT Tether Holdings Reports Record $4.52 Billion Net Profit in Q1 2024 for USDT Stablecoin

Tether Holdings, the issuer of the world’s largest stablecoin, Tether (USDT), has reported a record net profit of $4.52 billion in the first quarter of 2024, marking a significant achievement for the company.

02.05 / 08:00

COST UPS CEO reports Earnings Impact: REC jumps 9.5% to record high on strong Q4 results, soars 30.5% in 8 sessions

REC surged 9.5 percent in intra-day deals today, May 2 to hit a new high of ₹555.45 on the back of strong March quarter (Q4FY24) results. Including today's rally, the stock has extended gains for the eighth straight session, soaring 30.5 percent in this period. The PSU (public sector undertaking) company posted a 33 percent year-on-year (YoY) jump in its consolidated net profit in the quarter under review to ₹4,079 crore, helped by healthy growth in core income and a provision write-back.

02.05 / 07:59

markets UPS Aware security President reports Vedanta demerger: Key lenders signal green light after months of deliberation

Vedanta Ltd has decided to endorse the demerger of the group’s flagship, ending a nearly seven-month deadlock, confirmed two persons directly aware of the development. The delay had been over the proposed allocation of $7 billion worth of debt owed to Vedanta's creditors in India, including State Bank of India and Bank of Baroda.

02.05 / 07:59

Twitter Action country reports travelers Videos Prajwal Revanna sexual abuse case: Hassan MP's arrest at landing imminent as look-out notice issued

Deccan Herald, quoting sources. On Tuesday, the SIT formed by the Karnataka government, had issued summons to Prajwal and his father to appear before them for questioning. Also Read: Prajwal Revanna sex video case: Hassan MP himself sought gag order on assault videos in 2023, says report Reacting to the summons, Prajwal took to X, formerly Twitter, and said that he was not in Bengaluru, and truth will prevail.

02.05 / 07:59

markets UPS Progressive performer reports Netweb Technologies share price locked at 5% upper circuit after robust Q4 results

₹1,765.40 apiece on the BSE Thursday after the company reported strong earnings for the quarter ended March 2024. Netweb Technologies India’s net profit in the fourth quarter of FY24 jumped 181.8% to ₹29.66 crore from ₹10.52 crore in the year-ago quarter. The company’s revenue from operations in Q4FY24 increased 115.48% to ₹265.80 crore from ₹123.39 crore, YoY.

02.05 / 07:59

students reports CBSE Class 10th, 12th Results 2024: Results likely to be out on THIS day at cbse.gov.in; Check steps to download here

Central Board of Secondary Education (CBSE) 10th, 12th Results: The Central Board of Secondary Education is expected to release the CBSE 10th and 12th board exam results soon. Some media reports suggest that the CBSE board results 2024 are likely to be announced between May 12th and 15th. However, there has been no official confirmation about the same. Once the results are out, students can log on to the official CBSE websites to check the results. The official website to check the scores is cbse.gov.in. The other two websites are results.cbse.nic.in or cbsereults.nic.in.

02.05 / 07:59

Enterprise Election Research electronic information reports Trying to predict what the Indian voter will choose: A weathervane job?

The recent Lokniti pre-poll voter survey was played up in press reports for the wrong reasons. Voters’ party preferences got headlines, but pre-poll findings on party shares are always suspect because voters may not have finally chosen, or might not reveal their true choice even if they have. What the survey yielded of value was issues of concern to voters.

02.05 / 07:59

Provident CEO country cover inclusion reports Features Bima Vistaar priced at Rs 1,500: Life, health, property insurance bundled in one product | Know full features and benefits

The Insurance Regulatory and Development Authority of India (IRDAI) has reportedly fixed the pricing of ‘Bima Vistaar’ – a single insurance product that covers life, health, accidental damage and property. This all-in-one insurance product, designed for people living in rural areas of the country, is priced at Rs 1,500 per policy, various media reports suggest. These reports have cited industry officials who attended a two-day programme called ‘Bima Manthan’ held on April 25-26 in Hyderabad.

02.05 / 07:59

UPS Election reports Videos Investigations Scandals rowing Global lookout circular issued against Prajwal Revanna over sex tapes scandal

The Special Investigation Team (SIT), probing the obscene videos case involving former prime minister HD Deve Gowda’s grandson and JD(S) Lok Sabha candidate from Hassan constituency, Prajwal Revanna, on Thursday issued a lookout notice against him.

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