Reports Financial News
23.01 / 10:13
markets
COST
FIVE
wellness
reports
Profiles
Cement industry to add 150-160 million tonnes capacity by FY28: Report
demand from infrastructure and housing sectors, the cement industry is on course to add capacity by 150-160 million tonnes from FY25 to FY28, a report said on Tuesday. In the past five fiscals, the industry has added capacity by 119 million tonnes (MT) per annum to reach a total of 595 MT now, according to a Crisil Ratings report. The capacity addition is for the purpose of meeting the rising demand as well as to consolidate market share in a highly fragmented and competitive industry, the report added.
23.01 / 10:13
Digital
CEO
Trade
reports
Schools
International
Computer parts maker Logitech works for growth after beating forecasts
Logitech International's new CEO on Tuesday said the company would work to return to growth as it forecast annual sales would decline less than previously anticipated and reported third-quarter revenue that beat expectations. The maker of computer mice, keyboards, and webcams has been dealing with customers wrestling with inflation, and uncertainty among businesses about how to equip their offices as they move to hybrid working.
23.01 / 09:39
UPS
security
MSCI
KPI
inclusion
reports
Multibagger BHEL, Mamaearth and IREDA likely to make the cut in these MSCI indices
MSCI Global Standard Index in the February review. These are Punjab National Bank (PNB), Bharat Heavy Electricals (BHEL), Union Bank of India and NMDC according to estimates by Nuvama.
23.01 / 09:39
Provident
Action
reports
Department
Kerala government to deduct one-day salary of employees attending Wednesday's strike, no leave to be granted
Kerala government has announced that it will consider the absence of government employees participating in Wednesday's one-day strike as unauthorised and deduct one day's pay from their February salary, a TOI report stated. A group of state government employees, supported by opposition employee unions, has decided to go on strike on Wednesday. They are protesting against the delay in receiving dearness allowance arrears and other benefits. The government's decision regarding unauthorised absence was issued by the general administration department.
23.01 / 09:39
Art
Analysis
Remark
rock
reports
testing
Ayodhya Ram Mandir: Why 2.5 billion-year-old black granite was used in making Ram Lalla idol
sculptor Arun Yogiraj, who was born in Bujjegoudanapura hamlet in HD Kote taluk, Karnataka, was instrumental in making the statue of Ram Lalla for the Ayodhya Ram Temple consecration event. The 200-kg idol depicts Lord Ram as a five-year-old youngster standing and grinning gently. This awe-inspiring work of art was created using Krishna Shila stone, which has some significant qualities.
23.01 / 09:05
COST
WhatsApp
trends
show
reports
recommendations
Bajaj Auto Q3 preview: PAT may surge 33% YoY on strong volumes, price hikes
Bajaj Auto is expected to report strong double-digit growth in earnings for the quarter ended December, aided by higher volumes, price hikes, and easing input cost pressures.
23.01 / 09:05
reports
Law will take its own course: West Bengal governor on Sandeshkhali violence
West Bengal Governor CV Ananda Bose on Tuesday expressed hope that appropriate legal measures will be taken in response to the recent incident at Sandeshkhali in North 24 Parganas district when three Enforcement Directorate (ED) officials were injured in a mob attack while conducting a raid at the house of a local TMC leader. Replying to queries by reporters on the sidelines of a literary meet here, Bose said, «Law will take its own course.» The governor had earlier termed as "ghastly and alarming" the attack on the ED team and CRPF personnel accompanying them during the raid on the house of TMC leader Sheikh Shahjahan in connection with the alleged ration distribution scam.
23.01 / 08:41
Netflix
film
information
reports
Courts
rights
Animal OTT release: Netflix to release extended cut of Ranbir Kapoor’s movie as legal dispute gets resolved
Animal. This follows a resolved dispute between co-producers CINE 1 Studios Private Limited and T series. They had a legal tangle over alleged contractual breaches.
23.01 / 08:41
Action
students
Universities
show
information
reports
Videos
Jamia Millia Islamia probes ‘Babri Strike Now’ slogans raised on campus, University says ‘no action’
Jamia Millia Islamia. Upon receiving information, the university administration promptly intervened, removing all participants from the premises.
23.01 / 08:01
markets
Blockchain
Stablecoin
Digital
USDT
security
reports
regulatory
Blockchain Startup Figure Technologies Seeks US Regulatory Approval for Interest-Bearing Stablecoin
Financial technology company Figure Technologies is seeking approval from US regulators to introduce an interest-bearing stablecoin.
23.01 / 08:01
Provident
Platform
coinbase
crypto regulation
Actor
reports
Coinbase Slams US Treasury’s Proposed Requirement for Crypto Platforms to Report All Mixing Activities
Coinbase has criticized the US Treasury’s proposed rulemaking on cryptocurrency mixing, stating that it fails to effectively address regulatory gaps while placing unnecessary burdens on crypto platforms.
23.01 / 06:41
markets
COST
Waves
Manufacturing
Research
trends
reports
Cement makers in for another wave of strong demand: Crisil
Crisil’s market research and analytics unit. “As much as 70-75 mt of the capacity addition is expected to be commissioned next fiscal (year), with 50-55% concentrated in the eastern and central regions," the research firm said in a report on Tuesday.
23.01 / 06:41
Digital
Manufacturing
Gap
Pool
Align
wellness
reports
Companies battle for small pool of IT employees: Mint-Shine report
MUMBAI : Companies, both IT and non-IT, are grappling with one another to dip into the same cohort of skilled IT employees, leading to a talent gap that India Inc. is struggling to fill.
23.01 / 06:41
markets
UPS
Booking
Healthcare
Trade
performer
reports
Persistent Systems shares jump 10%, touch new all-time high on robust Q3 numbers
Persistent Systems, a global services and solutions company, spiked sharply in today's trade after delivering impressive performance for the December-ending quarter (Q3 FY24). The company on Saturday (January 20) released its Q3 FY24 performance post-market hours, reporting an 8.7% QoQ and 20.2% YoY jump in its consolidated net profit to ₹286 crore. In the same period last year and in the preceding quarter (Q2FY24), the company posted a net profit of ₹238 crore and ₹263 crore, respectively.
23.01 / 06:41
markets
Action
Compilation
economy
country
reports
Updates
'It was inevitable...': Anand Mahindra after Indian stock markets surpass Hong Kong in market cap
Markets LIVE Updates here "It was inevitable… Markets often seem irrational, but at their best, they are harbingers of an economy’s future. And the future looks strong, to say the least. Continuing reforms combined with strong governance of markets and the financial system will keep us Rising…" he posted.
23.01 / 06:41
Discover
pandemic
Virus
outbreak
consequences
reports
infection
Can Zombie viruses cause a new deadly pandemic? Here's what scientists say
'zombie viruses', causing a major disease outbreak and new global medical emergency, according to a report published by The Guardian. Consequently, researchers have started developing an Arctic surveillance system to identify early instances of a disease brought on by archaic microbes.
23.01 / 05:53
23.01 / 05:45
23.01 / 05:45
markets
UPS
IPO
Platform
Invesco
Food
reports
Swiggy teases doubling platform fee, likely to offset losses ahead of planned IPO
₹5 to ₹10 per food order, as per a Moneycontrol report. The move is seen as a strategic effort to reduce losses as the company gears up for its upcoming initial public offering (IPO) later this year, it added. Swiggy has started hinting at the potential fee hike on its app, targeting select customers.
23.01 / 05:45
Provident
Aviat
Manufacturing
Airlines
Boeing
band
reports
Govt panel to discuss 5G deployment concerns near airports, telcos urge removal of restrictions
5G services in and around airports, as per an Economic Times report. The focus of these discussions will be on concerns related to aircraft and passenger safety. A broader panel has been constituted to "address the 5G matter", sources told the paper.
23.01 / 05:45
UPS
Target
trends
Trade
reports
Kotak Mahindra Banks Q3 Results: Should you Buy, Sell or Hold the stock post earnings?
Kotak Mahindra Bank share price gained up to 1% in morning trades on the BSE on Monday post Q3 Results over the weekend. Even though net profit missed estimates of some analysts, the same was due to one-offs. Kotak Mahindra Bank (KMB) reported standalone net profit growth of 7.6% YoY to ₹3005.
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