Reports Financial News
18.12 / 09:46
Provident
Target
Manufacturing
innovations
reports
RIL's green energy biz to supply equipment for India: Analysts
green energy business to supply the equipment India will need for its green energy revolution, according to analysts. «For solar, RIL can reach 100GW of installation by 2030, which is 36% of the total 2030 India solar capacity of 280GW. For batteries, it could also achieve a similar market share of 36% with a battery capacity of 50GWh versus expected battery capacity of 139GWh in 2030.
18.12 / 09:45
Target
Manufacturing
Software
Virus
country
electronic
reports
A suspected cyberattack paralyzes the majority of gas stations across Iran
Iran's gas stations went out of service on Monday following possible sabotage — a reference to cyberattacks, Iranian state TV reported. The report said a «software problem» caused the irregularity in the gas stations. It urged people not to rush to the stations that were still operational.
18.12 / 09:44
Digital
Software
Pool
Remark
country
innovations
reports
The next phase of growth and innovation for India’s SaaS sector
SaaS market has been experiencing remarkable expansion, with projections indicating a substantial rise from $237.48 billion in 2022 to $273.55 billion in 2023. The SaaS industry is expected to maintain this impressive trajectory, reaching an estimated $908.21 billion by 2030, boasting an 18.7% Compound Annual Growth Rate (CAGR). The Software as a Service (SaaS) sector in India is gearing up for an extraordinary phase of growth and innovation in 2024.
18.12 / 09:37
18.12 / 09:37
18.12 / 09:05
reports
Earthquake of magnitude 4.0 jolts Pakitsan
Islamabad: An earthquake of magnitude 4.0 on the Richter Scale jolted Pakistan on Monday morning, the National Center for Seismology (NCS) said. According to the NCS, the earthquake occurred around 11:38:03 (IST) at a depth of 10 kilometres.
18.12 / 09:05
Experts
reports
share price
Share price of United Spirits rises as Nifty weakens
United Spirits Ltd. gained 0.21 per cent to Rs 1083.95 in Monday's trade as of 02:01PM (IST). The stock hit a high price of Rs 1085.1 and low of Rs 1062.6 during the session.
18.12 / 09:05
Target
Reuters
reports
India likely to achieve fiscal deficit target in 2023-24, says govt
fiscal deficit target of 5.9% of gross domestic product (GDP) in the financial year 2023-24, junior finance minister Bhagwat Karad said on Monday. India's fiscal deficit in the first seven months of the financial year ending on March 31, 2024 was Rs 8.04 lakh crore ($96.86 billion), or 45% of the estimate for the whole year, according to data released by the government last month. However, the government has collected only Rs 10,050 crore from selling stakes in government-run firms as of Dec.
18.12 / 09:05
Booking
Gap
Entertainment
Software
Enterprise
reports
isolate
Zee Ent. shares up 0.39% as Sensex falls
Zee Entertainment Enterprises Ltd. gained 0.39 per cent to Rs 278.45 in Monday's session as of 02:11PM (IST) even as the equity benchmark Sensex traded 139.88 points lower at 71343.87. Earlier in the day, the stock witnessed a gap down start to the session.
18.12 / 09:05
IPO
Booking
WhatsApp
Experts
band
reports
recommendations
Suraj Estate Developers IPO booked 30% so far on Day 1
Suraj Estate Developers was subscribed 30% so far on Monday, the first day of the bidding process. The issue closes on Wednesday. While the retail portion was subscribed 55%, the NII category was booked 11%.
18.12 / 08:29
Booking
Experts
reports
isolate
recommendations
Bharat Forge shares rise 0.74 per cent in Monday's trading session
Bharat Forge Ltd. rose 0.74 per cent to Rs 1205.85 in Monday's trade as of 01:40PM (IST) even as the benchmark Nifty ruled at 21422.7, down 33.95 points. The scrip had closed at Rs 1196.9 in the previous session.
18.12 / 08:29
CEO
Entertainment
Enterprise
Netflix
Sony
country
reports
Why the birth of a $10 bn media & entertainment behemoth still buffering up
Sony group's Indian arm Sony Pictures Networks India (now known as Culver Max Entertainment) and Zee Entertainment Enterprises Ltd. is likely to be put off by several months.
18.12 / 08:01
Citi
Highways
track
2020
reports
Traffic
Gurgaon Traffic Police deploy drones to track your every move, issue challan for violation
drones to manage traffic on NH-8, making it the first time such technology has been used for this purpose in the city. The drones are being deployed to identify congestion and facilitate quicker response times, as well as issue fines for lane driving violations, a TOI report stated. On Friday, the first drone was set up, resulting in the issuance of at least 50 fines to drivers of commercial vehicles who abruptly switched lanes on the expressway.
18.12 / 07:57
Progressive
CEO
Align
Metro
President
Loblaw
reports
Grocery code of conduct launch paused over dissent from Loblaw, Walmart: board
grocery code of conduct says its launch is being held back by a lack of support from two major grocers.“We’re at an impasse,” said Michael Graydon, CEO of the Food, Health & Consumer Products of Canada association and chairman of the interim board for the code.The board sent a progress report to the federal, territorial and provincial agriculture ministers on Wednesday.“There is a concern that without the full participation of all major grocers, the implementation of the Code would create an unlevel playing field and put affected stakeholders at a competitive disadvantage,” the report reads.Without the support of all major grocers, the interim board said it can’t proceed in implementing the required steps to launch the code.“What we’re faced with now is no consensus and a failure to achieve what industry has told us they would achieve without government intervention. To say this is disappointing would be an understatement,” said federal Agriculture Minister Lawrence MacAulay in an emailed statement on Wednesday evening.The code was always intended to be industry-led, but the industry has “failed to meet the moment,” he said.“We’re actively examining all available federal options _ that includes legislation,” added MacAulay.“I’ve also met with my colleague, (federal Industry Minister Francois-Philippe Champagne), and his provincial and territorial counterparts.
18.12 / 07:51
stage
reports
Department
Economic offences at all-time high in 2022
₹10 lakh. Every year, the police department manages to dispose of nearly half of the economic offence cases at its desk.
18.12 / 07:51
Man
Indus
hospital
reports
Pakistan's car sales plummet even more in November; Less than 5,000 units sold in a month
HT Auto, only 4,875 cars were sold in November 2023. In the same period last year, 15,432 cars were sold in Pakistan, the data mentioned. The decline in car sales in Pakistan is because of a range of factors, including car prices.
18.12 / 07:51
Waters
Southern
track
information
reports
Tamil Nadu rains: Red alert issued! 15 trains cancelled; flight operations disrupted. Check details here
Tamil Nadu district, the Southern Railways has issued a list of several train services that have been fully cancelled, partially suspended or diverted. The Railways said that changes made in the pattern of train services due to water logging in Tirunelveli Yard. It also said that the traffic has been suspended in the Tirunelveli-Tiruchendur section, between Srivaikuntam and Seydunganallur, as 'the ballast' has been washed away and the track is 'hanging' and water is flowing over the railway tracks.
18.12 / 07:51
Citi
FIVE
Metro
WhatsApp
Experts
stage
reports
Nifty Realty index soars 77% in 2023 so far amid residential sales boom; Prestige Estates, Brigade, DLF top gainers
Also Read: Real estate trends: Will the sector witness a rise in women homebuyers in 2024? Experts decode In just the first nine months of 2023, the total residential property sales value is already 7% higher than the whole of last year, with the top 7 cities seeing inventory worth approx. ₹3,48,776 crore sold in this nine months period, as per data by ANAROCK Property Consultants. Between January and September 2023, approx.
18.12 / 07:51
Progressive
Assurant
President
2020
reports
Department
2024
Outlook 2024: Modi, Putin, Trump set to dominate global politics in 2024. Key elections to shape future of democracy
Narendra Modi seems certain to extend his rule to 2029; and Donald Trump could return to the White House despite charges of subverting U.S. democracy. For those who worry that authoritarian rulers are firmly in the ascendant over more liberal democrats, there is likely to be much to fret about in 2024.
18.12 / 07:41
Booking
Gap
Experts
reports
isolate
recommendations
Shriram Finance shares down 0.99% as Sensex falls
Shriram Finance Ltd. fell 0.99 per cent to Rs 2057.75 in Monday's session as of 12:59PM (IST) even as the equity benchmark Sensex traded 89.47 points lower at 71394.28. Earlier in the day, the stock witnessed a gap down start to the session.
18.12 / 07:41
Provident
Digital
Aware
pandemic
electronic
reports
Shortly after $340 million raise, Udaan lays off over 100 employees
Udaan on Monday laid off 100 to 120 employees, about 10% of its workforce, days after raising $340 million in a funding round. Most of the job cuts happened in the go-to-market (GTM) team, which handles relationships with sellers, among other responsibilities, people in the know said. The layoffs, the sources explained, were due to redundancies following a rejig of the business in September.
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