Reports Financial News

08.01 / 08:55
Strategy trends country reports infection guidelines 682 cases of Covid sub-variant JN.1 reported from 12 states till Jan 7
COVID-19 sub-variant JN.1 reported from 12 states till January 7 rose to 682, official sources said on Monday. They said 199 cases have been reported from Karnataka, 148 from Kerala, 139 from Maharashtra, 47 from Goa, 36 from Gujarat, 30 from Andhra Pradesh, 30 from Rajasthan, 26 from Tamil Nadu, 21 from Delhi, three from Odisha, two from Telangana and one from Haryana.
08.01 / 08:54
markets Booking reports Realty developer Signature Global reports 47.4% increase in sales booking in Q3FY24
Signature Global has reported 47.4% increase in sales booking in Q3FY24 on back of strong demand. The company’s pre-sales has grown to Rs 1,262 crore in the third quarter and collections for the third quarter grew 45.9% to Rs 769 crore. For the first nine month of FY24, pre-sales bookings grew 41.4% to Rs 3,124 crore, according to the regulatory filing by the company. The company has acquired two land parcels in Sector 71 and sector 37D and it plans to launch before March 2024. Signature Global holds a market share of 19% in Delhi NCR in affordable and mid-housing segment. Backed by equity investors like HDFC and IFC, Signature Global has delivered over 6 million square feet and has ongoing projects in 17.21 million square feet area along with a robust forthcoming pipeline of 21.29 million square feet of saleable area.
08.01 / 08:54
Discover information reports travelers Features Investigations Puri train passengers robbed of sleep: Reason: thieves snatch berth chains
Puri-Hatia Express train (18452) faced an unexpected predicament as the chains supporting the middle berths in the S-6 coach went missing, causing distress and seating challenges. The incident occurred near Bhubaneswar station, leading to panic among passengers, especially those assigned middle berths who were left without suitable sitting or sleeping arrangements for the night. A passenger who boarded the train at Puri noticed the missing chains after departure, prompting commotion among fellow travelers.
08.01 / 08:32
Provident Man Aviat Airlines Boeing show reports Mukesh Ambani owns same Boeing jet that was in Alaska Air accident
Mukesh Ambani’s conglomerate uses the type of Boeing Co. jet that is facing global scrutiny after a fuselage section on one such aircraft blew out mid-flight on Friday. Reliance Industries Ltd., controlled by Asia’s richest man, is the only one with a corporate jet that’s a Boeing 737-9 Max variant and has a plugged mid-cabin exit door, data from flight data provider Cirium show.
08.01 / 08:31
UPS Art awards film Oscar reports Judd Apatow slams Oscars' classification of 'Barbie' as adapted screenplay, says it's 'insulting'
Barbie' will compete for a best adapted screenplay nomination at the 96th Academy Awards despite campaigning for original screenplay, filmmaker Judd Apatow says it's an insult to the writers to say they were working off «existing material». Greta Gerwig directed 'Barbie' from a script she co-wrote with her husband and frequent collaborator Noah Baumbach. Fronted by Margot Robbie and Ryan Gosling, the film grossed over USD 1 billion at worldwide box office in 2023.
08.01 / 08:29
security reports Courts NCLAT rejects Authum plea on SREI; NARCL completes payments
NCLAT) has dismissed Authum Investment & Infrastructure's appeal against the takeover of the twin SREI NBFCs by the National Asset Reconstruction Co Ltd (NARCL) clearing all roadblocks for the smooth takeover of the companies. In an oral order a two judge bench of NCLAT chairman Ashok Bhushan and Barun Mitra said they do not find an error in the NCLT order rejecting Authum's plan in August and there were no grounds in the appeal. The order is a boost to the beleaguered NARCL which has been struggling to complete transactions. The SREI acquisition is the company's largest transaction and first through the bankruptcy process. Rajneesh Sharma administrator to SREI Infrastructure Finance Ltd (SIFL) and SREI Equipment Finance Finance Ltd (SEFL) said though formalities like payments by NARCL, issuance of debentures and security receipts have been completed in December, the court's order means the handover will be completed in the next few days. «The NCLAT order only confirms that the NCLT decision was genuine.
08.01 / 08:00
Strategy Nestle Bill pandemic reports Multiple companies got GST notices this new year. Here's why…
Life Insurance Corporation of India (LIC) alone was slapped with notice for around ₹806 crore on January 1. The next day, Hindustan Unilever was sent a GST demand of ₹447.5 crore. Similarly, a series of notices to Asian Paints, Eicher Motors, ICICI Prudential, and Nestle India, with regards to pending GST dues and penalties for FY19 and FY20, have rattled corporate India.
08.01 / 07:58
Provident Apple innovations reports Features 2024 generative AI iOS 18: Apple gears up to unveil Generative AI into iPhones at WWDC 2024, says Mark Gurman
iOS 18 update will usher in a new era of artificial intelligence, introducing a host of innovative features designed to enhance user experiences. The anticipated AI features could include auto-summarization, allowing users to distill lengthy content, and an auto-complete function for apps, streamlining interactions with applications. Furthermore, Apple is said to integrate AI into Apple Music, promising a more personalized and intuitive music streaming experience.
08.01 / 07:58
Remark President Celebrity social reports strain Maldives President Mohamed Muizzu's China visit deepens diplomatic shift as India, Maldives ties strain
Mohamed Muizzu, accompanied by First Lady Sajidha Mohamed and a delegation of senior government officials, embarked on an official visit to China on January 7. The invitation for the visit was extended by the President of the People’s Republic of China, Xi Jinping. The official visit is scheduled to continue until January 12, and a group of local journalists is also accompanying the President.
08.01 / 07:52
President Justice classical reports Courts rights SC sends Bilkis Bano's convicts to jail, again: All you need to know about the 2002 Gujarat riots case
Supreme Court on Monday invalidated the Gujarat government's decision to grant remission to 11 convicts involved in the Bilkis Bano gangrape and the murder of seven of her family members amid the 2002 riots in the state. The court asserted that the remission orders lacked thoughtful consideration, deeming them «stereotyped.» Justices B V Nagarathna and Ujjal Bhuyan, presiding over the bench, instructed the convicted individuals to surrender to jail authorities within a span of two weeks. In response to a Public Interest Litigation (PIL) challenging the remission, the bench deemed it maintainable and underscored that the Gujarat government was not the competent authority to issue such orders. Here's what the SC said The Supreme Court, while delivering the verdict, said, «We need not have gone into the other issues. But for sake of completion, we have. Rule of law is breached because the Gujarat government usurped power not vested in it and abused its power. On that ground also, the remission orders deserve to be quashed,» the bench said while pronouncing the judgement which spanned over 100 pages.
08.01 / 07:51
markets Provident Matrix Universities reports testing Colleges 2024 CLAT 2024: Second allotment list for counseling released. Direct link for quick access and key details
CLAT 2024 Consortium issued the second allotment list for counseling on January 8, 2024. Aspirants can view the provisional allocation list for CLAT 2023's second round on the official website consortiumofnlus.ac.in. Candidates obtaining a seat in the CLAT 2024 second allotment list can choose to «freeze,» «float,» or «exit.» Those selecting «freeze» or «float» must submit a non-refundable application fee of Rs 20,000. The third seat allotment list will be unveiled on January 22, according to reports. The Common Law Admission Test (CLAT) is a nationwide entrance examination for admission to undergraduate (UG) and postgraduate (PG) law programs provided by 22 National Law Universities in India. The Consortium of National Law Universities, representing these universities, conducts the CLAT. Additionally, various affiliated universities and organizations utilize the CLAT exam for their admissions and recruitment processes. For the Academic Year 2024-2025, all admissions to the 5-year integrated Ll.B. and Ll.M. programs will be facilitated through CLAT 2024.
08.01 / 07:50
Provident Gap Food Research country reports inequality K-shaped recovery narrative flawed and baseless: SBI Research
consumption will be done by 90% of the population at the lower end by the end of the next decade, State Bank of India researchers said in a new report released Friday, pointing to the country bridging the inequality gap in the coming years and dismissing K-shaped recovery as a flawed narrative. The researchers stated that an “additional Rs 8.2 trillion of consumption had moved to the lower end of the pyramid post-pandemic following the saving of expenditure through free food, shelter and medical being provided by the government.” The figure is expected to double to Rs 16 trillion by 2040. Using I-T returns data, SBI economists stated that income inequality has decreased over the last few years and that the K-shaped recovery narrative was false. Inequality, as measured by Gini coefficient, has declined during FY14 and FY22, SBI pointed out, noting that 36.3% of people belonging to the lowest income group in FY14 have since moved up the income value chain. “Our study shows that an individual’s weighted mean income has risen from Rs3.1 lakh to Rs11.6 lakh during FY14-21.
08.01 / 07:27
FIVE Google WhatsApp blues reports Features Updates WhatsApp may soon allow users to change their default theme. Here's how it will work
WhatsApp seems to be planning to give users more control over their app with the introduction of the new Themes feature. The new feature was spotted by WABetaInfo in the WhatsApp Beta for iOS 24.1.10.70 update.
08.01 / 07:24
Aviat Manufacturing Airlines security Boeing BBC reports Alaska Airlines flight 1282 incident sparks safety concerns, grounding of Boeing 737 Max aircraft
Boeing 737 Max 9 plane still in the climbing phase, according to various media reports. An unused emergency exit door blew out, causing a significant loss of cabin pressure and resulting in a gaping hole in the fuselage. Fortunately, the passengers escaped serious harm as the aircraft was at a relatively low altitude of around 16,300 feet, revealed a BBC report.
08.01 / 07:23
markets UPS Citi wellness country reports Sharp rise in egg prices across the country due to decline in production: Report
₹6.50, and in Pune, the egg rates have spiked up to ₹7-7.50 per piece. Last year, wholesale egg prices in Pune were at ₹6.44. How people can keep their investments less vulnerable to events in 2024 The whole prices of eggs were high in other Indian cities as well.
08.01 / 07:22
COST Citi Target security pandemic Diversity reports Hybrid to full-time office: Hong Kong workers seek 6% hike. Here's why
CBRE Group Inc. Compounding the issue, mainland companies, which historically contributed to rising rentals, accounted for only 11% of new leases in 2023, down from 18% in 2021. In response to the potential demand for increased in-office presence, 27% of respondents sought a salary raise, predominantly targeting a 6% or higher increment, while another 24% contemplated changing jobs to secure flexible work arrangements.
08.01 / 06:55
UPS Airlines reports rights International Four years after downing of Flight PS 752, families say Iran regime still trying to silence them
Ukraine International Airlines Flight 752.Fifty-five Canadians and 30 permanent residents were killed when Iran’s Islamic Revolutionary Guard Corp shot down the passenger plane in the skies over Tehran with a pair of surface-to-air missles.While families deal with the ongoing sorrow, the Iranian regime has ramped up its campaign to try to silence those who speak out for the victims of Flight PS 752.Canadian Iranian human rights activist Hamed Esmaeilion — whose wife and daughter were killed in the downing of the flight — says his mother has been banned from leaving Iran for at least six months.“She was in distress. I have heard that she was shivering when she heard the news,” Esmaeilion says.His mother, Tooran Shamsollahi, was stopped at Tehran’s airport on her way to Canada to be with Esmaeilion to mark the anniversary of the deaths of his wife, Parisa, and nine-year-old daughter, Reera.Esmaeilion says he believes the ban is a form of revenge for his activism, following his calls for action after a former senior minister of the regime was seen vacationing in Canada.Seyed Hassan Ghazizadeh Hashemi is believed to have visited Canada after being spotted in the background of a TV news report on Quebec tourism and then caught on video visiting Casa Loma in Toronto in August 2023.Global Affairs Canada posted to X that it is deeply concerned about the intimidation of family members of victims of Flight PS 752.Canada is deeply concerned about new reports of intimidation of family members of the victims of Flight PS752.
08.01 / 06:24
Aware CEO Platform Remark Celebrity social reports India-Maldives diplomatic row: India summons Maldivian envoy after 'derogatory' remarks against PM Modi
EaseMyTrip share price in focus as CEO suspends all Maldives flight reservations According to Maldivian media reports, deputy ministers in the youth ministry, Malsha Shareef, Mariyam Shiuna, and Abdulla Mahzoom Majid, have been suspended from their posts. Maldives govt suspends 3 ministers after ‘derogatory’ remarks on PM Modi The disparaging remarks by the ministers have drawn flak in India, with many celebrities urging people on X to explore domestic tourist destinations instead of going to the Maldives.
08.01 / 06:24
Provident Digital Google security Apple Cybercrime reports Apple, Google have removed THESE 2 e-SIM apps in India. Here's what you should know
Beware of fake delivery scam! What to do if victim of cybercrime According to a report in the Hindustan Times, companies need to obtain a no-objection certificate (NOC) from the DoT to begin selling eSIMs in India. Singapore-based Airalo and Spain-based Holafly have been removed as the two companies did not possess the necessary authorisation.
08.01 / 06:24
markets ETF SEC Action Trade Bitcoin reports week Bitcoin ETF hopefuls eye this week for long-awaited SEC greenlight
Bitcoin in the US. Would-be Bitcoin ETF issuers have been given until Monday morning in Washington to submit any last-minute revisions to their pending applications, Bloomberg News has reported. The US Securities and Exchange Commission itself has until Jan. 10 to take action on at least one of those applications, and crypto insiders have speculated the regulator will use that date to announce a slew of decisions at once. There are two technical requirements that must be fulfilled before a spot-backed Bitcoin ETF can start trading. First, the SEC must sign off on so-called 19b-4 filings by the exchanges that would list the ETFs. Second, the regulator must approve the relevant S-1 forms, which are the registration applications from the would-be issuers — a list that includes BlackRock and Fidelity. The SEC is planning to vote on the exchanges’ filings, the 19b-4s, in the coming days, Bloomberg News has reported. The regulator may or may not then take action on the issuers’ applications, the S-1s, around the same time. If the SEC grants both sets of required approvals, the ETFs could start trading as soon as the next business day.
08.01 / 06:22
UPS Citizens Action Anthem show reports Equality View: Why EV adoption is a smart choice for modern living
climate change have sort of become a sing-along anthem in many jurisdictions around the world. The recent COP 28 meeting was primarily about climate change and the action that the world needs to take collectively. However, while governments continue to talk, establish conventions, and introduce policies, citizens across the globe need to realise that they too have an equally important role to play. But the problem is worse than people think. According to the WHO, there are 3.6 billion people already living in places that are highly susceptible to climate change. A recent report in the Washington Post shows that the world is set to pass a catastrophic warming threshold by the 2030s. The report was based on findings by the United Nations Intergovernmental Panel on Climate Change, which revealed that the world will surpass its warming limit of 1.5 degrees Celsius, leading to climate disasters that will be too severe for people to adapt. When a person is obese, or at risk of cancer, diabetes, or heart disease, they make crucial lifestyle changes. In the same vein, making lifestyle changes can be a crucial step towards averting the gloomy future that climate change portends if no action is taken. One of the smartest decisions a person can take is future-proofing their lifestyle by making climate-friendly choices, such as embracing the electric vehicle.

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