Reports Financial News
30.04 / 10:33
markets
COST
Ripple
Trade
reports
rights
Mint Explainer: Sebi's notional turnover fee directive – ripples and remedies
BSE estimates its total outgo to be around ₹69 crore, including interest, excluding GST, from FY07-23, and ₹96 crore (excluding GST) for FY24, which it must pay to Sebi by 30 April, as per the directive. It also noted that it had already paid ₹1.66 crore plus GST on premium turnover to Sebi for the previous fiscal year. Two figures stand out here: a fee of ₹1.66 crore on the premium turnover of options plus GST, and ₹96 crore plus GST on the notional turnover of options.
30.04 / 10:33
Booking
security
Marvell
composer
social
reports
Unease at Cognizant, Capgemini, Accenture over rise of AI risks
BENGALURU : Bias, errors and hallucinations—the technological marvel that is Generative AI has seen it all, while writing code, composing music, and conjuring up images. Meanwhile, at some of the world's largest technology services firms, new concerns are rising: risks to profit, reputation harm, and legal liability. For the first time since the launch of ChatGPT took the world by storm, the world’s largest IT services firms, led by Accenture Plc., Cognizant Technology Solutions Corp.
30.04 / 10:33
wellness
reports
Department
donates
NOT
Income tax calendar for May 2024; check all important deadlines that you should not miss this month
Also Read: Income Tax return filing 2024: What is Form 16, when is issue date and why is it crucial? — Explained Mark your calendar for the deadline to deposit taxes deducted or collected for the month of April 2024. It's important to note that any sum deducted or collected by a government office must be paid to the Central Government's credit on the same day if the tax is paid without the production of an income-tax challan. The due date for issuing TDS certificates for tax deducted under various sections such as 194-IA, 194-IB, 194M, and 194S for the month of March 2024.
30.04 / 10:33
30.04 / 10:33
UPS
Bill
country
reports
International
India's oil import bill could rise to $101-104 billion in FY25, says ICRA report
Also read: India's oil imports from Russia drops 19% in February, Saudi Arabia 2nd largest supplier According to an ICRA report based on data from the ministry of commerce and industry, the value of India's oil imports fell by 15.2% year-on-year to $162.4 billion during April-February of FY24. This decrease could be attributed to a combination of factors, including a reduction in international crude oil prices and savings from the purchase of discounted Russian crude oil.
30.04 / 10:05
markets
Waters
economy
wellness
show
reports
Updates
Fed expected to keep interest rates higher for longer amid stubborn inflation
CAZ Investments Chief Investment Officer Christopher Zook weighs in on the Fed's handling of the economy as rate cut expectations plummet, Japan's Yen and tech earnings.
30.04 / 09:49
30.04 / 09:49
UPS
Racing
Election
show
reports
Rahul, Priyanka unlikely to contest from Amethi, Raebareli seats, say sources as Lok Sabha nomination deadline looms
Priyanka Gandhi Vadra is unlikely to contest the Lok Sabha Elections from the Raebareli seat in Uttar Pradesh, reports said. Priyanka will instead focus on campaigning for the party nationwide, a report in India Today said. Priyanka has not contested any elections so far.
30.04 / 09:49
Action
country
reports
Videos
Prajwal Revanna sex video case: Scuffle breaks out between Congress and JD(S) workers in Karnataka — 10 points
Also Read: Karnataka MP Prajwal Revanna suspended from JD(S) over sexual assault video case 6. Union Home Minister Amit Shah has slammed the Congress party for not taking any action despite being in power in the state. 7.
30.04 / 09:49
markets
Merit
Sustainability
track
beautiful
reports
rowing
Trent’s solid end to the year keeps markets hoping for more
Trent Ltd’s impressive run continued during the quarter ended March (Q4FY24), keeping investor sentiment upbeat about the Tata Group apparel retailer. A striking parameter in fourth-quarter financials, apart from its stellar revenue growth, is its gross margin, which expanded by 449 basis points, or 4.49 percentage points, year-on-year to 45.3%. In the third quarter, Trent’s gross margin had improved by 57 basis points to 46% after having contracted for several quarters in a row.
30.04 / 09:19
markets
COST
Manufacturing
Sustainability
reports
Prabhudas Lilladher advises long-term SIPs in Aditya Birla Group stocks UltraTech Cement, Hindalco and more; here's why
UltraTech Cement: As per the brokerage, the expansion in infrastructure projects is fueling demand for cement, boosting UltraTech's revenue. The country’s largest cement manufacturer reported strong earnings for the January-March quarter as its consolidated net profit rose 36 percent to ₹2,258 crore from ₹1,666 crore year-on-year (YoY), beating estimates, led by a decline in fuel costs and double-digit volume growth. The company’s consolidated revenue from operations in Q4FY24 increased 9.4 percent YoY to ₹20,419 crore.
30.04 / 09:13
markets
UPS
Experts
country
inclusion
reports
rights
Capital gains changes spur cottage market ‘anxiety.’ Will owners rush to sell?
Looming changes to how capital gains are taxed are spurring some “anxiety” in Canada’s cottage country, some real estate experts say, as owners fret over whether they should rush to sell before the proposals from the 2024 federal budget come into effect this summer.
30.04 / 08:51
Action
DAL
country
reports
Videos
Scandals
Amit Shah hits back at Congress over Prajwal Revanna sex video case, says 'I want to ask Priyanka Gandhi...'
Also Read: Karnataka MP Prajwal Revanna suspended from JD(S) over sexual assault video case “I want to ask Congress, whose government is there? The government is of Congress Party. Why they have not taken any action till now? We do not have to take action.
30.04 / 08:51
Google
McDonald’s
Universities
country
reports
rights
KFC Malaysia Shutdown: Why fried chicken has become ‘collateral damage’ amid global McDonalds and Starbucks boycott
Israel-Palestine-related boycotts, as per a Reuters report. Although the number of affected stores wasn't specified, local media indicated that over 100 outlets were temporarily shut down, it added. The franchise has 600 outlets in the country.
30.04 / 08:51
markets
Trade
country
reports
Crude oil prices set to end April flat amid easing Middle East tensions
Also Read: Oil prices decline amid Israel-Hamas peace negotiations, Fed rate cut hopes As of now, Brent crude futures have seen a modest increase of 0.26% in April, while WTI crude futures have experienced a slight decline of 0.55%. Crude prices surged sharply in mid-April, reaching their highest level since October, driven by Iran's unprecedented attack on Israel in retaliation. This was seen as a response to a suspected Israeli strike on the Iranian Consulate in Damascus, Syria, earlier in the month.
30.04 / 08:51
security
Gillette
performer
innovations
reports
Gillette India share price skyrockets 8% , fueled by strong March quarter performance
₹681 crore, which Gillette India attributed to superior innovations across the portfolio, and strong brand fundamentals. Gillette India's profit after tax stood at ₹ 99 crores, came better than analysts expectations.
30.04 / 08:51
30.04 / 08:25
markets
trends
Trade
SLB
track
reports
Stock market holiday: Is the market closed for Maharashtra Day tomorrow?
Maharashtra Day. Accordingly, all the segments including, the equity segment, derivative segment, and SLB segment will be closed. The multi-commodity exchange will also be closed for the first half but will remain open for the evening session from 5:00 pm. Trade settlements will also be closed on Wednesday.
30.04 / 08:25
markets
UPS
WhatsApp
Trade
electronic
reports
Share price of BEL as Nifty strengthens
Bharat Electronics Ltd. 0.0 per cent to Rs 235.45 in Tuesday's trade as of 01:44PM (IST). The stock hit a high price of Rs 237.3 and low of Rs 233.3 during the session.
30.04 / 08:25
markets
Target
Booking
wellness
performer
reports
JNK India Management on company performance, future plans and more
«As per the F&S report, the petrochemical side is going to be added in the capex where these cracking furnaces are going to be prospective in the future,» says Goutam Rampelli, Whole Time Director, JNK India. Meanwhile, Pravin Sathe, CFO, JNK India says, «So far as the capex plans are concerned, we did not have any capex plan in the near future as per the RHP. We have been an asset-light model and we have a lot of vendors who are empanelled with us and they are capable of meeting the standards that are required for these equipments.» What is the outlook when it comes to the demand for the company's products, like O&G upgradation as we are seeing capex gather pace both internationally as well as domestically? Goutam Rampelli: Yes, this oil and gas and also the petrochemical industry is going to have much more growth than they expected. And as per F&S report what we have seen earlier that it is going to be Rs 6,300 crore market value for this heating equipment.
30.04 / 08:25
UPS
security
WhatsApp
trends
Trade
reports
Shriram Finance share price up 2.75 per cent
Shriram Finance Ltd. traded 2.75 per cent up at Rs 2559.5 at around 01:49PM (IST) on Tuesday. The stock had closed at Rs 2490.9 in the previous session. Equity benchmark Sensex traded 260.46 points higher at 74931.74 around the same time.
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