Reports Financial News
05.03 / 17:36
markets
UPS
BLOCK
Food
reports
stake
Ant Group arm Antfin likely to offload up to 2% stake in Zomato through block deal: Report
₹2,800 crore through a block deal, reported CNBC-Awaaz on Tuesday. The floor price for the block deal has been fixed at ₹159.4 per share, which represents a 4 per cent discount on the current market price of Zomato stock, according to the report. Shares of Zomato closed 1.8 per cent lower at ₹166.8 on the BSE on Tuesday.
05.03 / 17:36
Platform
WhatsApp
Instagram
social
reports
Traffic
Videos
Elon Musk takes dig at Meta as Instagram, Facebook face global outage: ‘If you’re reading this…'
After Instagram and Facebook, YouTube users report video streaming site ‘not working’ Internet traffic observer Down Detector reported a massive outage on Facebook, Instagram and other social media platforms, while London-based internet monitoring firm Netblocks said on X that four Meta platforms -- Facebook, Instagram, Messenger and Threads -- were “currently experiencing outages related to login sessions in multiple countries." In its response, Meta's head communications Andy Stone said in a post on X that the company was “aware people are having trouble accessing our services" and they were "working on this now." The services were resumed after a while. Meta's status dashboard showed the application programming interface for WhatsApp Business was also facing issues.
05.03 / 16:11
Target
Reuters
President
reports
Investigations
peace
International
China drops 'peaceful reunification' reference to Taiwan, raises defence spending by 7.2%
China reiterated a call for "reunification" with Taiwan, but added emphasis that it wants to "be firm" in doing so and dropped the descriptor "peaceful", which had been used in previous reports. Although it is not the first time that China had omitted the word "peaceful", the change in language is closely watched as a possible sign of a more assertive stance towards Taiwan. China has been increasing its military budget, and it has been more than doubled under President Xi Jinping's 11 years in office, Reuters reported.
05.03 / 16:11
markets
Remark
Nov
Bitcoin
Diversity
reports
Bitcoin surpasses $69,000 mark, beating record of $68,991 in Nov 2021
Bitcoin surge: Why should you still not invest in cryptos? These are 7 key reasons Bitcoin's staggering surge of almost 160% since October, with a remarkable 44% spike occurring solely in February, presents a stark juxtaposition to the crypto winter of 2022. During that period, the market endured an 18-month-long downturn characterized by notable corporate bankruptcies and scandals.
05.03 / 16:11
markets
Action
Strategy
Universities
reports
Traffic
International
Want to make Paytm an Asia leader, says Vijay Shekhar Sharma after RBI's action on Paytm Payments Bank
Bloomberg on Tuesday. In his first public appearance at a financial technology conference in Tokyo since the Reserve Bank of India (RBI) ordered his banking affiliate to halt certain activities, Sharma said, as quoted by Bloomberg, “The biggest thing that I’ve learned is that many times your teammate and adviser may not be getting it correct." “And it is important for you, yourself to be taking care of it versus just letting a teammate or a adviser suggest that what should it be (sic)." He resigned from the PPBL board in February after the RBI prohibited the bank from accepting new deposits in its customer accounts or wallets.
05.03 / 16:11
Election
reports
Courts
International
BJP to take on Mamata Banerjee's women-centric poll agenda in Bengal?
Mahila Morcha in West Bengal on 7 March. The BJP seems to be going all out on the “Mahila" or the women-centric poll agenda ahead of the 2024 Lok Sabha Elections. Political analysts believe this very women centric agenda had brought Mamata Banerjee back in power in West Bengal, an agenda that BJP missed.
05.03 / 15:56
WhatsApp
President
reports
Lok Sabha polls: Will contest all 3 seats in Kashmir valley, says National Conference
National Conference (NC) Tuesday said while the party will be contesting all the three Lok Sabha seats in the Kashmir valley, it is in talks with the Congress to decide on three seats of Jammu and Ladakh regions. Both the parties are members of the opposition INDIA bloc. The NC's announcement came after a marathon meeting of its parliamentary board at the party headquarters here. «The National Conference will contest these three seats from the valley on its own,» NC provincial president, Kashmir, Nasir Aslam Wani, told reporters after the meeting.
05.03 / 15:55
CEO
Celebrity
beautiful
electronic
reports
Schools
NOT
Not in a hurry to add new categories; will focus on grocery: BigBasket CEO Hari Menon
BigBasket said it is not in a rush to broaden its product portfolio and will continue to focus primarily on grocery even as quick commerce rivals such as Zomato-owned Blinkit and Mumbai-based Zepto are rapidly diversifying into newer categories. “We evaluate new categories carefully and are very careful about entering segments beyond grocery… For now, we’ll remain a grocer and depending on the need we will keep adding categories as we go along,” Hari Menon, cofounder and CEO of BigBasket, told ET in an interaction on Tuesday.
05.03 / 15:55
Provident
Enterprise
Rust
trends
blues
reports
Features
10 Best Bathroom Cabinets under Rs. 1,000 for storing everyday essentials (2024)
Each option on this list is thoughtfully designed to maximise storage while seamlessly blending with various decor styles. So, if you are looking for storage solutions to neatly store toiletries, toothbrushes, or other essentials, these budget-friendly cabinets could prove to be a great choice for you. So, join us as we explore an array of affordable yet chic bathroom cabinets, each promising to elevate your bathroom experience to new heights of comfort and convenience.
05.03 / 15:23
markets
UPS
Reuters
country
reports
Financial
UK bond markets face historic gilt issuance surge in coming financial year
Chancellor Jeremy Hunt is reportedly lining up a set of pre-election giveaways on Wednesday (6 March), including cutting national insurance by 2p, and is expected to unveil proposals for a historic bond issuance, excluding Bank of England transactions, for the fiscal year beginning in April. However, the Chancellor is also having to balance his tax cut ambitions with bond investor worries about the public finances. According to Reuters, prices of UK gilts have already fallen more than that of other countries, and there are substantial amounts of debt slated to enter the market. Fisca...
05.03 / 15:11
05.03 / 14:51
markets
Google
Action
trends
Inside
reports
Schools
Paytm UPI payments drop in February following RBI action
Paytm Payments Bank on January 31 impacted One 97 Communication-run Paytm’s UPI payments business in February which registered a 7.6% fall in transactions over the previous month. According to data shared by National Payments Corporation of India (NPCI), Paytm reported around 1.3 billion transactions on UPI, a 7.6% drop from 1.4 billion in January.
05.03 / 14:33
05.03 / 14:29
markets
Target
MicroStrategy
Tesla
Trade
reports
Updates
Premarket movers: Tesla slips; Target surges
Investing.com -- Here are some of the biggest U.S. stock movers prior to the start of New York trading on Tuesday. Please check back later for updates:
05.03 / 14:29
Target
Digital
trends
Trade
show
reports
Traffic
Target earnings top estimates, sending shares higher premarket
Investing.com -- Target has reported adjusted per-share income in the fourth quarter that topped average analyst estimates, sending shares in the big-box retailer higher in premarket U.S. trading on Tuesday.
05.03 / 14:28
UPS
Analysis
economy
Sustainability
show
reports
China stocks back in the sights of global fund managers
A shift away from Chinese equities by global long-term investors has taken a pause, with some funds getting less bearish, according to Morgan Stanley.
05.03 / 14:28
Provident
Digital
Platform
security
Trade
innovations
reports
Digital assets custody firm hires former Morgan Stanley exec as CFO
A firm which aims to be the go-to digital asset securities custody platform has hired a Wall Street veteran as its chief financial officer.
05.03 / 14:13
Provident
security
reports
Indian Navy responds to drone attack on merchant ship in Gulf of Aden
The Indian Navy on Tuesday said it “swiftly” responded in assisting a Liberian-flagged commercial vessel after it came under a drone strike in the Gulf of Aden.
05.03 / 14:13
05.03 / 14:08
UPS
Provident
Progressive
Enterprise
information
reports
acquires
Greenko acquires GI Hydro's Sikkim project for enterprise value of ₹1,000 crore
₹1,000 crore, includes an equity value of ₹300 crore, according to two people familiar with the development. Commissioned in May 2013, the hydroelectric facility harnesses power from two interconnected reservoirs located on the Rangpo and Rongli rivers. Mint had earlier reported that Greenko Group was considering the acquisition of GI Hydro's 110 MW Chuzachen project.
05.03 / 14:07
UPS
Citi
Waters
security
reports
Bengaluru water crisis: Housing society in Whitefield introduces ₹5,000 fine for misuse, deploys guard
Bengaluru, the Silicon City of India, is facing a serious water crisis. There has not been enough rain in the region which has caused the water level in the Cauvery River to drop. This shortage has not only impacted irrigation but also created a drinking water crisis in some areas of the capital city of Karnataka.
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