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26.04 / 14:17
UPS
security
pandemic
2020
reports
donates
How the world's richest Hindu temple earns and spends money
Tirupati Balaji at Tirumala Tirupati Devasthanams (TTD), the world's richest Hindu temple. The temple trust received a mammoth 1,031 kgs of gold worth approximately Rs 773 crore as donations in 2023, TOI has reported. The Tirupati trust has 11,329 kg of gold worth Rs 8,496 crore deposited with various nationalised banks under the gold monetisation scheme. TTD officials observed that the devotees accord top priority to extending cash offerings to Lord Venkateswara Swamy and the second most preferred donation to the Lord of the riches comes in the form of gold. The trust has made a fixed deposit of Rs 1,161 crore this year, the highest in the past 12 years. TTD's yearwise fixed deposits since 2013 are as follows: 2013: Rs 608 crore, 2014; Rs 970 crore, 2015; Rs 961 crore, 2016; Rs 1,153 crore, 2017; Rs 774 crore, 2018; Rs 501 crore, 2019; Rs 285 crore, 2020; Rs753 crore, 2021; Rs 270 crore, 2022; Rs 274 crore, 2023; Rs 1,161 crore, 2024. The only time the Tirupati trust's fixed deposit declined below the Rs 500 crore mark was in 2021 and in 2022 during the Covid pandemic and once earlier in 2019. The Trust earns Rs 1,600 crore annually in interests on FDs.
26.04 / 14:17
markets
COST
Google
Platform
Gemini
Meta Platforms
show
reports
Alphabet, Microsoft earnings show hefty AI bets are driving growth
stocks on Friday with earnings that showed big AI investments were driving growth, allaying doubts that their costly bets would take time to pay off after a soft forecast from Meta Platforms. Alphabet rose 10%, crossing $2 trillion in market value with a gain of about $180 billion as it sweetened the pot for investors with its maiden dividend and a $70 billion stock buyback.
26.04 / 13:37
markets
Target
security
show
reports
International
Nomura Q4 Results: Net profit jumps almost eight-fold on retail income surge
Nomura Holdings, Japan's biggest brokerage and investment bank, reported on Friday a 670% jump in quarterly net profit compared to a year earlier as its retail and investment banking income rose to their highest levels in eight years. January-March net profit was 56.8 billion yen ($363.87 million) compared to 7.3 billion yen a year earlier when worries about a global banking crisis engulfed global markets and hit Nomura's investment banking business.
26.04 / 13:37
Progressive
Justice
information
reports
Courts
Situation in district courts' record rooms 'grim', expedite process of weeding out files: Delhi HC
Delhi High Court has observed that the situation of the district courts' record rooms where case documents are kept, is «grim» and the process of weeding out the records needs to be done expeditiously besides being monitored on a regular basis. The high court directed the principal district and sessions judges of all the district courts in Delhi to monitor the progress of weeding out of case records in their respective districts and take effective steps in this regard. Regarding weeding out of the record, a bench of Acting Chief Justice Manmohan and Justice Manmeet P S Arora was informed by the counsel for the Delhi High Court administration that necessary amendments have been already carried out, criterion for petty cases and cases for historical importance have been decided, committees to monitor weeding out have been constituted in each district court and around 52,000 files have already been weeded out. According to the quarterly report from January to March 2024, a total of 1,91,512 files have been identified for weeding out from all district courts and till now 52,167 filed have been weeded out.
26.04 / 13:25
UPS
Provident
Target
wellness
trends
reports
HCLTech bucks trend again, headcount rises by 2,725 employees
HCLTech, country’s third largest IT services provider, bucked industry trends to report a rise in headcount of 2,725 employees for the final quarter of FY24. The total employee base stood at 227,481 at the end of March 2024. In the preceding quarter, its employee count was at 224,756 ending December.
26.04 / 13:25
UPS
Opinion
President
country
reports
Vietnam National Assembly head resigns amid graft purge
Vietnam's National Assembly has resigned, the ruling Communist Party said Friday, one of the most senior leaders to fall in a sweeping anti-corruption purge. Vuong Dinh Hue asked to step down because of «violations and shortcomings», the party said in a statement on its website.
26.04 / 13:25
markets
Target
Reuters
Analysis
show
reports
Department
US inflation rises in line with expectations in March
The personal consumption expenditures (PCE) price index increased 0.3% last month, the Commerce Department's Bureau of Economic Analysis said on Friday. Data for February was unrevised to show the PCE price index gaining 0.3% as previously reported.
26.04 / 13:23
Target
FIVE
Football
information
reports
compliance
EU expands AML regulation impacting cryptocurrency compliance
The regulation reports to create enhanced due diligence measures and checks on customer’s identity. Obliged entities, such as banks or cryptocurrency asset managers, have to report any suspicious activities to Financial Intelligence Units (FIUs) or other competent authorities. This is an increased level of due diligence on the cryptocurrency industry.
26.04 / 11:35
reports
Financial
FCA issues almost 600 alerts in initial months of tighter financial advert rules
The financial promotions approval gateway came into force on 7 February, as the FCA attempts to crackdown on misleading financial adverts. The changes meant authorised firms now need permission from the FCA if they want to approve promotions for unregulated persons. This is to ensure firms approving financial promotions have the necessary expertise for the deal being offered. According to data for the first quarter, the FCA received 5,722 reports about potential unauthorised business. FCA eyes extension of SDR remit to include portfolio managers Of the alerts it did issue, 11% w...
26.04 / 11:05
Align
Election
WSJ
President
reports
Department
Trump advisors are considering plans to dramatically revamp the Fed, WSJ report says
Former President Donald Trump's political operatives are putting together a plan that would give him unprecedented influence over the Federal Reserve, including a plan that could make him an «acting» central bank board member, according to a Wall Street Journal report.
26.04 / 10:57
UPS
WhatsApp
reports
recommendations
Maruti Suzuki declares dividend of Rs 125/share
Maruti Suzuki India Limited's (MSIL) board of directors recommended a final dividend of Rs 125 per share for the financial year ended March 31, 2024, taking the dividend payout to Rs 3,930 crore. India's largest passenger today reported a standalone net profit of Rs 3,878 crore for the quarter ended March 31, 2024, which was up by 48% from Rs 2,623.60 crore reported in the year ago period.
26.04 / 10:57
UPS
MET
WhatsApp
reports
Maruti Suzuki reports 47.8% surge in Q4 net profit driven by strong sales & product mix
Maruti Suzuki Friday met street estimates to report a 47.8% increase in net profit at Rs 3,877.8 crore for the fourth quarter ended March 31, 2024 driven by strong sales and better product mix. Brokerage firm Prabhudas Lilladher had expected the company to post a 48% in net profit at Rs 3,884 crore in the quarter under review. Revenues were expected to grow 21.2% to Rs 38,838.2 crore. Net sales of the company rose 19% to Rs 36,697.5 crore in the three months to March 2024. Total expenses went up by 16.3% to Rs 34,355.1 crore in the same period.
26.04 / 10:51
markets
Blockchain
Platform
Trade
reports
Over 30 People Charged In $24M Crypto Fraud Linked to Taiwan’s ACE Exchange
Taiwan prosecutors charged 32 individuals with fraud and money laundering linked to ACE Exchange, the Taipei Times reported Friday.
26.04 / 10:51
Blockchain
Provident
Digital
security
Funding
Pantera Capital
reports
Pantera Capital Seeks to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Digital asset investment manager Pantera Capital reportedly aims to raise over $1 billion for a new fund that will provide investors with exposure to a wide range of blockchain-based assets.
26.04 / 10:21
Opinion
Universities
Diversity
cover
2020
reports
International
Journalists critical of their own companies cause headaches for news organizations
Journalists see themselves as truth-tellers, and sometimes as contrarians
26.04 / 10:21
Provident
CEO
Action
Southern
Trade
Experts
reports
BNSF becomes 2nd major railroad to sign on to anonymous federal safety hotline for some workers
BNSF will become the second major freight railroad to allow some of its employees to report safety concerns anonymously through a federal system without fear of discipline
26.04 / 09:21
security
Election
DAL
reports
Did Varun Gandhi turn down BJP's offer to contest in Rae Bareli? Report says...
News18 citing sources, Varun Gandhi had been "considering" the offer for more than a week after the party suggested it. Also Read: Lok Sabha Election 2024 Voting Live The BJP's proposal was driven by recurring media reports indicating that the Congress was likely to field Priyanka Gandhi from the seat. The report further stated citing sources that the Uttar Pradesh BJP supported the idea of him contesting from Rae Bareli.
26.04 / 09:21
UPS
Target
FIVE
Diversity
performer
reports
L&T Tech Q4 result review: Stock tanks 9.5% as brokerages remain cautious, cut estimates
₹340 crore, due to slower revenue growth and a reduction in margins. Its revenue grew 5 percent YoY to ₹2,537.5 crore. In terms of margins, management expects a "slightly muted" performance in the near term as the company invests in critical areas for future growth.
26.04 / 09:15
markets
Career
Assurant
economy
show
reports
How much is Tanmay Bhat's net worth? Comedian reacts to report claiming it is Rs 665 cr
Comedian and content creator Tanmay Bhat recently addressed reports claiming his net worth to be Rs 665 crore, emphasizing the dynamics of India's booming content creator economy. A wealth management startup's report had placed Bhat's estimated net worth at Rs 665 crore, ranking him among India's wealthiest content creators.
26.04 / 08:35
markets
UPS
Trade
performer
reports
Kirloskar Pneumatic shares soar 18% as post-earnings rally extends to 2nd day
Kirloskar Pneumatic Company shares surged another 18% in today's intraday session, reaching a new all-time high of ₹1,076.70 apiece. Investors continued to express optimism following the company's healthy performance for Q4 FY24 and for the full fiscal year. During the previous trading session, the company soared by 15% after it released its results during market hours, surpassing analysts' expectations.
26.04 / 08:05
Citizens
Williams
community
Experts
Monarchy
reports
Updates
King Charles' funeral plans updated after cancer diagnosis: Report
Prince William, Kate, Queen Camilla receive top royal honours As per Daily Beast, Operation Menai Bridge is being frequently updated following King Charles's deteriorating health condition. All members of the Monarchy have regularly updated funeral plans that are named after popular bridges. Queen's funeral arrangement was called, "Operation London Bridge".
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