Reports Financial News
16.04 / 03:43
UPS
Election
Trade
President
reports
Will Joe Biden punish Iran for attacking Israel? Know about options
Joe Biden help the Iranian regime by ignoring its nefarious activities like bankrolling Hamas and expanding its nuclear capabilities? After Tehran backed Houthi rebels and now attacked US ally Israel, this question has surfaced. Biden has also been accused of refusing to enforce sanctions imposed years ago. Tehran increased its oil exports, its most significant revenue source after Biden came to office four years back. Now, as the 2024 US Presidential Election is coming close and the campaign is picking up, the president will have to answer these allegations.
16.04 / 03:43
markets
economy
trends
Trade
reports
Schools
etmarkets
ETMarkets Smart Talk: Why gold, oil and equity markets are hitting record highs?
“The equity markets reaching record highs can be attributed to various factors, including the overall strength of the economy, corporate earnings, and investor sentiment. These characteristics have historically led to an increase in volatility,” says Vipul Bhowar, Director — Listed Investments, Waterfield Advisors. In an interview with ETMarkets, Bhowar said: “The market is expected to continue its growth in the next 12 months, with government spending likely to be the growth driver in the first half and investment growth re-accelerating, especially from the private side, in the second half,”. Edited excerpts: FY25 started on a good note, with benchmark indices hitting fresh record highs. How do you see markets panning out in the next 12 months? Will the momentum continue? Vipul Bhowar: The market is expected to continue its growth in the next 12 months, with government spending likely to be the growth driver in the first half and investment growth re-accelerating, especially from the private side, in the second half.
16.04 / 03:43
UPS
Racing
security
Tesla
country
reports
Department
Elon Musk's Starlink one step away from getting greenlit in India with in-principal govt nod
Elon Musk's satellite internet venture Starlink has received an in-principle approval from the telecom ministry. This approval clears a critical hurdle that the venture has been facing for almost three-and-a-half years. The approval process is now at the desk of communications minister Ashwini Vaishnaw, awaiting final vetting by the home ministry over certain security matters, according to highly-placed sources. One of the sources as reported by TOI stated, «The commercial part has been examined on issues, such as, foreign investment and net worth. The essential examination shows that it (Starlink's application) is in line with the (official) guidelines. Thus, it has been approved.» The source further mentioned that the technical requirements have also been examined as per the license conditions. «The technical requirements have been examined as per the licence conditions,» the source said, adding, the company has also submitted a «declaration» regarding its ownership.
16.04 / 02:57
security
Actor
students
2020
reports
Colleges
Investigations
Salman Khan Firing Case: Who is Vishal, aka 'Kalu', one of the shooters arrested by Mumbai police
Vishal alias Kalu, a member of the Lawrence Bishnoi gang, for his involvement in a firing incident near Bollywood actor Salman Khan's residence in Bandra's Galaxy Apartments. The arrest follows the firing of six shots, including one on the wall of the complex and two at Khan's balcony, by two individuals who arrived on a bike on Sunday. The shooters had abandoned the bike near Mount Mary church and took an autorickshaw. They are believed to have fled by a train and have been captured in CCTV footage at the Bandra railway station.
16.04 / 02:57
markets
UPS
Apple
NVIDIA
electronic
reports
TSMC first-quarter profit expected to rise 5% on strong AI chip demand
profit on Thursday thanks to strong demand. The world's largest contract chipmaker, whose customers include Apple and Nvidia, has benefited from a surge towards AI that has helped it weather the tapering off of pandemic-led electronics demand and pushed TSMC's stock to a record high.
16.04 / 02:49
markets
Trade
show
performer
reports
US stocks close lower as Middle East tensions, Treasury yields weigh
Treasury yields and concerns about rising geopolitical tensions between Iran and Israel. With the S&P 500 coming off its biggest one-day percentage drop since Jan. 31 in the prior session, stocks opened higher in part after data showed retail sales increased by more than expected in March.
16.04 / 02:49
UPS
wellness
President
Inside
reports
Courts
Donald Trump brings his campaign to the courthouse as his criminal hush money trial begins
Donald Trump began his day as a criminal defendant lashing out at the judge and prosecutors, casting himself as a victim and angrily posting on social media. In other words: a familiar routine.
16.04 / 02:19
Waters
Parke
BAY
Swimming
hospital
reports
Investigations
Friend
Boy’s body pulled from Lake Ontario after friend, passerby tried to save him
Toronto police say the body of a 14-year-old boy was recovered after a several hours of search and rescue in the water at Ashbridges Bay Park.
16.04 / 02:03
Reuters
Progressive
Fox
economy
show
reports
American workers want record wages to change jobs, NY Fed finds
DISTILL CEO Neely Tamminga discusses whether the Fed has been restrictive enough to rein in inflation on Making Money.
16.04 / 01:01
markets
CEO
security
Experts
performer
information
reports
CEO Srinivas Pallia sold all his Wipro shares before taking charge
Wipro, Srinivas Pallia, who has been with the company for over three decades, sold all his shares worth Rs 5 crore in it in the public market. Pallia disposed of his 1,00,000 Wipro shares through “market sale” on February 14 this year and the transaction was reported to the exchange on February 15. The total value of the transaction was Rs 5,05,12,640. As per information on the BSE, securities currently held by Pallia post transaction amounted to zero.
16.04 / 01:01
markets
UPS
Pool
reports
Department
Schools
Safety net in works to widen local funding pool for startups
“This is a part of the government’s broader intention to enhance the proportion of domestic capital invested into Indian startups,” one of the officials said.
16.04 / 01:01
COST
Manufacturing
Apple
wellness
electronic
reports
Schools
iPhone may click with Titan, Murugappa
Murugappa Group and Tata group’s Titan Company to assemble — and, possibly, manufacture — sub-components for iPhone camera modules, people aware of the matter told ET. If talks fructify, the Indian supplier ecosystem will deepen for the Cupertino company as it shifts more of its operations away from China.
16.04 / 01:01
markets
COST
Provident
Digital
Enterprise
country
reports
Data centre companies seek clarity on dark fibre for captive networks
EoDB) at a time when the sector is poised for growth with increasing adoption of cloud and artificial intelligence. The industry currently has to rely on leasing bandwidth for these purposes from licensed telecom service providers at a significant cost. While the government has been apprised of the issue, things have been moving at a snail’s pace, executives said.
15.04 / 21:13
BLOCK
film
Odyssey
Actor
show
stars
reports
ABC Series 'Dr. Odyssey': See everything we know about release window, cast, plot and production
Murphy's new medical procedural series, «Dr. Odyssey,» alongside lead actor Joshua Jackson. The series is set to premiere during the 2024-2025 broadcast season on ABC, as per a Deadline report.
15.04 / 21:13
Netflix
WhatsApp
Latin
stars
reports
testing
"Pokémon Horizons: The Series" part 2 release date on Netflix, episodes: Key details
Pokémon Horizons: The Series" part 2 release date on Netflix has been confirmed by makers. The part two is likely to have 12 episodes and the new batch will premier on May 10, as per a report on WhatsOnNetflix. "Pokémon Horizons: The Series" marks the 26th season of the beloved Pokémon anime and inaugurates the captivating Pokémon Horizons narrative. Diverging from tradition, this installment bids farewell to the iconic duo of Ash Ketchum and Pikachu, embarking instead on the thrilling escapades of Liko and Roy, accompanied faithfully by their Pokémon partners, Sprigatito and Fuecoco, as per the report.
15.04 / 20:39
Booking
Platform
Entertainment
Boxing
film
War
reports
Dune 3 release date, book, story, plot - All we know so far
Dune 3, stirring excitement among fans. Director Villeneuve recently disclosed that the upcoming installment, Dune 3, will draw inspiration from Frank Herbert's 1969 book, Dune Messiah.
15.04 / 20:39
Yellow
Football
EMR
Celebrity
show
reports
Sporting
Terzic's Dortmund 'obliged' to hit back against Atletico
Borussia Dortmund coach Edin Terzic said on Monday his side had to give everything in Tuesday's home Champions League quarter-final second leg against Atletico Madrid after being «punished» in the first game. Dortmund trail 2-1 after last week's match in Madrid, where individual mistakes allowed Atletico to take a 2-0 lead after 30 minutes. The German club fought back as Sebastien Haller scored to bridge the deficit, although the striker will miss Tuesday's clash with injury.
15.04 / 20:39
UPS
Provident
Fighting
Rollins
rock
reports
Will 'The Rock' be back in WWE? Here's what he has planned next
Dwayne Johnson, also known by his WWE ring name 'The Rock', has been one of the most legendary fighters the franchise fighting league has ever produced. He is one of the leading figures of WrestleMania through the ages and was also a part of WrestleMania 40, which was the latest edition of the fighting league. WrestleMania 41 will probably be in 2025 and Dwayne Johnson is reportedly getting ready to enter the ring again, improving his fitness and currently on an intensive training regime from the last WrestleMania. According to USA Today, The Rock he spent 12 weeks training for his first match in eight years.
15.04 / 20:39
Digital
Citizens
WhatsApp
electronic
reports
Features
International
Tax Day 2024: How to file an extension if you can't pay by the deadline
File Penalty notice. One can also file for an extension request on April 15 in select cases. According to reports, the IRS has stated that it has received 100 million-plus tax returns, with millions more expected to be filed as the deadline comes near. According to the IRS, one will only have to pay a fine or penalty if they are 'not owed any tax refund.' Moreover, the IRS has also stated that if one cannot pay their taxes in full by April 15, they should still file it within the stipulated date and pay whatever amount they can and later opt for payment plans available on the IRS site, says NBC Chicago.
15.04 / 20:15
markets
COST
Reuters
Tesla
show
reports
International
Tesla to lay off more than 10% of global workforce amid falling sales
Tesla will lay off more than 10 per cent of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs).
15.04 / 19:31
markets
Manufacturing
Healthcare
innovations
reports
Features
Pharmaceuticals
stake
ChrysCap buys small stake in generics company La Renon for Rs 600 cr
ChrysCapital has invested about Rs 600 crore ($70 million) in Ahmedabad-based La Renon Healthcare, valuing it at $800 million. ChrysCap has acquired about 8% stake from the promoter family in a secondary transaction. Incorporated in 2007 by Pankaj Singh, La Renon is engaged in the manufacturing and marketing of branded generic formulations. ChrysCapital is close to acquiring a minority stake in La Renon Healthcare via secondary sale of shares, at a valuation of Rs 6,500 crore ($800 million), ET first reported on February 12. At present, promoter Pankaj Singh & family own about 80% stake in the formulations manufacturer while Peak XV Partners (formerly Sequoia Capital) owns 14% and domestic VC fund A91 Partners owns 6% stake in La Renon. In FY24, La Renon posted a revenue of Rs 1,400 crore and an Ebitda of Rs 300 crore, said sources. O3 Capital advised La Renon on the transaction.
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