Reports Financial News
24.01 / 19:15
markets
President
reports
International
IOC Q3 net profit rises to ₹9,220.85 cr
Indian Oil Corp. Ltd (IOC) on Wednesday reported a multifold increase in its consolidated net profit for the October-December quarter at ₹9,220.85 crore. During the same period last fiscal, the company had reported a net profit of ₹890.28 crore.
24.01 / 19:15
wellness
students
reports
testing
Department
guidelines
Schools
Why India's runaway coaching centres need regulating
Mint explains: Last week, the government published guidelines for coaching centres scrapping enrolment of students below 16 years of age—enrolment should only be after secondary school (standard 10) examination. This rule caused worry since India’s coaching industry has become an alternative education channel. Students are enrolled as early as 10-12 years and prepared for engineering, medical and civil service exams.
24.01 / 19:15
Extreme
Action
security
President
War
reports
Red Sea attacks could trigger WW3, warns UNGA president
New Delhi: UN General Assembly president Dennis Francis warned that the Red Sea conflict could trigger another World War, and buttressed the need to reform the Security Council. Francis told reporters in New Delhi on Wednesday the possibility of escalation and regionalization of the conflict in the Red Sea had created a dangerous situation. “That is an extremely disturbing situation.
24.01 / 19:15
Target
Manufacturing
wellness
performer
reports
Tata Steel posts profit in Q3 even as Europe ops bleed
₹522 crore during the quarter compared to a loss of ₹2,502 crore in the corresponding quarter last year and ₹6,511 crore in the preceding quarter. The recovery was primarily led by the domestic unit of Tata Steel, which reported a pre-tax, depreciation and interest profit of ₹8,257 crore compared to ₹5,335 crore last year. Meanwhile, Europe reported a loss of ₹2,872 crore before tax, depreciation, interest and exceptional items.
24.01 / 19:15
wellness
country
information
reports
donates
Ayodhya Ram Mandir: ₹3.17 crore offerings made on Day 1, over 2.5 lakh devotees visit on Day 2
₹3 crore 17 lakh was made online to Ram Lalla on Tuesday, the first day after the Pran Pratistha ceremony at Ayodhya Ram Mandir, Hindustan Times reported on Wednesday. Trustee Anil Mishra said that Ayodhya Shri Ram Mandir trust had opened 10 donation counters on the day of the Pran Pratistha ceremony. Apart from this, several devotees from across the country and the world have sent online donations to Bhagwan Shri Ram.
24.01 / 18:15
wellness
performer
reports
Birlasoft Q3 Results: Co back in black, posts Rs 161 crore profit
Birlasoft on Wednesday reported Rs 161 crore consolidated profit after tax for the third quarter ended December 2023, the company said in a regulatory filing. The company had posted a loss of Rs 16.36 crore in the same quarter a year ago.
24.01 / 18:15
Parke
film
Actor
social
reports
infection
rights
'Super/Man' documentary on Christopher Reeve's life creates social media buzz after Sundance premiere
Christopher Reeve, the actor who is famous for the role he played in Superman, the 1978 film has taken social media by storm for its intimate and raw look into the life of the late actor. The film which is directed by Peter Ettedgui and Ian Bonhôte, documenting the life of Reeve made its debut at the Sundance Film Festival 40th edition in Park City, Utah. The film left the audiences in applause, tears, and laudation as per The Guardian.
24.01 / 16:53
24.01 / 16:41
Waters
Research
show
reports
SOLIDARITY
Relationships
Storm in a teacup: US embassy steps in to settle row over professor's recipe for perfect cuppa
he Daily Guardian. “But even after all these years of drinking tea and researching chemistry, I learned new things about what is in my cup and how to make the very best cup of tea," she further added.
24.01 / 16:40
Digital
electronic
hospital
reports
Department
patient
Investigations
AIIMS-Delhi to start smart card for payments; no-cash payment from April 1. Details here
All India Institute of Medical Sciences (AIIMS) Delhi on Wednesday said that it has started AIIMS-Delhi Smart Card on a pilot basis in some of the departments of the premier health institute and would be operationalised across departments for all sorts of payments by March 31, 2024 “Subsequently, no cash payment shall be accepted at any counters other than at the 'AIIMS Smart Card' top-up counters which shall be operationalised in multiple locations within the OPDs, Hospital and Centres and shall operate on 24/7 basis...", AIIMS Delhi said in a statement. “Other than electronic payments via UPI, debit cards, credit cards, etc, “AIIMS Smart Card" will be the only way to make payments for all investigations and procedures", the statement read.
24.01 / 16:38
markets
UPS
Sustainability
trends
Trade
reports
week
Microsoft's market cap crosses $3 trillion, stock trades 52-week high
Tata Steel Q3 results: Net profit at ₹522 crore, revenue down 3% YoY — 5 key highlights The shares of the technology giant were trading at $403.78 each on the NASDAQ on Wednesday, reflecting a 1.17% increase. The day commenced with the stock opening at $401.48, surpassing its previous day's closing price of $398 per share.
24.01 / 16:11
Reuters
CEO
Platform
Tesla
information
reports
Tesla plans affordable mass-market EV in mid-2025
Tesla (NASDAQ:TSLA) has informed its suppliers of plans to commence production of a new mass-market electric vehicle, codenamed «Redwood,» by mid-2025, as reported by Reuters on Wednesday, citing four individuals familiar with the matter, with two sources describing the model as a compact crossover.
24.01 / 16:11
markets
UPS
Target
Strategy
reports
PACCAR gains on Q4 beat, pushing ProPicks 'Top Value Stocks' strategy higher
Investing.com — PACCAR (NASDAQ:PCAR) reported its Q4 results, with EPS of $2.70 coming in better than the consensus estimate of $2.23. Revenue grew 11.6% year-over-year to $9.08 billion, beating the consensus estimate of $8.54B. The company achieved record revenues of $35.13B for the full 2023 year, compared to revenues of $28.82B in 2022.
24.01 / 16:11
security
reports
Department
US Navy intercepts missiles in Red Sea while escorting Maersk ships -Maersk
COPENHAGEN (Reuters) — Shipping company Maersk said on Wednesday two U.S.-flagged vessels transiting the Bab el-Mandeb strait northbound accompanied by the U.S. Navy had turned around after seeing explosions nearby.
24.01 / 15:48
UPS
Reuters
CEO
Pool
performer
reports
Surprise as Bank of America cuts jobs three days before bonuses
Bank of America is cutting jobs.Headhunters told us yesterday that cuts were coming at the bank, and both Financial News and Reuters are reporting today that people have gone. The cuts are being made on the cusp ofbonus announcements, which are due this Friday.
24.01 / 15:47
markets
UPS
Citi
FIVE
students
reports
Goldman Sachs employees are in the office way more than Bank of America's
You can take Grade A students, the kind who never miss classes and take extra credit classes, and grind them into bankers. You can’t guarantee, however, that they’ll never break the rules.
24.01 / 15:47
markets
UPS
security
Inside
reports
The Credit Suisse traders busy until 2026
When UBStried, and failed, to sell Credit Suisse's $250m distressed debt business last year, it knew what to do. After dispensing with most of the traders in the unit, Bloomberg reports that UBS simply shunted the loans into the non-core unit charged with disposing of unwanted elements of the Credit Suisse carcass. There, the 30 or so positions will be unwound individually.
24.01 / 15:47
markets
UPS
Citi
Provident
JPMorgan
reports
NOT
As Bank of America cuts in Hong Kong, it's not the only one exposed
Bank of America has been cutting senior bankers in Hong Kong. Bloomberg reported yesterday that the bank has let go of a number of senior dealmakers in the city, including its head of Southeast Asian ECM, Sunil Khaitan, who joined from Deutsche Bank in 2018.
24.01 / 15:45
Blockchain
Digital
Election
Trade
Experts
reports
Indonesia Sees Sharp Decline in Crypto Tax Revenue, Falling 63% in 2023
The Indonesian government has reported a significant decline in crypto tax revenue for 2023, amounting to $31.7 million (Indonesian Rupiah 467.27 billion), according to a report by local news outlet Kontant.
24.01 / 15:21
Divinity
rock
reports
Videos
Ayodhya Ram Mandir: Two more Ram Lalla idols to be placed in temple complex soon. See pics
India Today. ALSO READ: Ram Lalla Darshan Day 2: Devotees throng Ayodhya's grand temple after Pran Pratishtha | Watch videos According to the report, the 51-inch statue, that resonates with the innocence of the five-year-old Ram Lalla, has been carved from a dark stone known as Krishna Shila. It was sourced from the fertile lands of Hegadadevana Kote in Karnataka's Mysuru.
24.01 / 15:21
UPS
community
Justice
reports
Courts
Supreme Court to get new judge as Centre approves elevation of Karnataka HC Chief Justice Prasanna Varale
Supreme Court of India," Arjun Ram Meghwal, Union Minister of State for Law & Justice said in a post on X. Justice Prasanna Bhalachandra Varale earlier served as the judge of the Bombay High Court for 14 years before his transfer to the Karnataka High Court as Chief Justice in October 2022.
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