Reports Financial News
08.12 / 09:33
FIVE
Experts
2020
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freeze
Sebi chief deeply regrets failure to de-freeze shares in Kirloskar Industries case
Madhabi Puri Buch on Friday said the capital markets regulator deeply regrets the failure to de-freeze the shares held by members of the Kirloskar family in Kirloskar Industries Ltd (KIL) despite the SAT's directive. «I think what happened in terms of delay in de-freezing accounts was unacceptable. Whatever have been the cause and root cause, communications with the depository etc., Sebi was responsible, Sebi was accountable, we deeply regret what happened,» Buch told reporters at the sidelines of the CII Global Economic Policy Forum here.
08.12 / 08:49
FIVE
Booking
Remark
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Department
Faster than train? Bengaluru auto driver helps passenger catch missed train at next station
Bengaluru, an auto driver took up the challenge of helping a passenger catch a missed train at the next stop. As per a TOI report, Adil Hussain had missed his train, the Prashanti Express, which was scheduled to depart from SBC station at 1:40 PM. Due to work commitments and heavy traffic, he was unable to board the train on time and it left the station before he could reach there.
08.12 / 08:49
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Indian Hotels shares down 1.48% as Nifty drops
Indian Hotels Company Ltd. traded 1.48 per cent down in Friday's trade at 01:55PM (IST). Around 89,193 shares changed hands on the counter.
08.12 / 08:49
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Bajaj Holdings shares down 1.44% as Nifty drops
Bajaj Holdings & Investment Ltd. traded 1.44 per cent down in Friday's trade at 02:05PM (IST). Around 827 shares changed hands on the counter.
08.12 / 08:49
Experts
Colgate-Palmolive
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share price
Share price of Colgate-Palmolive falls as Sensex gains 67.48 points
Colgate-Palmolive (India) Ltd. dropped 0.61 per cent to Rs 2292.15 at 02:00PM (IST) in Friday's trade. The stock has hit a high of Rs 2317.0 and low of Rs 2274.3 so far during the session.
08.12 / 07:55
Manufacturing
Strategy
Mobile
Apple
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Apple's make-in-India plans get bigger, aims to build one in four iPhones in India
Apple and its suppliers have ambitious plans to manufacture over 50 million iPhones in India every year within the next two to three years, Wall Street Journal reported citing sources. This move is part of Apple's strategy to reduce its dependence on China and diversify its supply chain. If successful, India would account for a quarter of global iPhone production by the end of the decade. Last month, Foxconn, one of Apple's key suppliers, showed its commitment to India by announcing an investment of over $1.5 billion in India.
08.12 / 07:55
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"What BJP did to Nawab Malik is wrong...": NCP MP Supriya Sule as controversy hits Maharashtra government
NCP rival faction chief and fellow Deputy CM Ajit Pawar, opposing Nawab Malik's induction into the ruling alliance in the state, Nationalist Congress Party (NCP) MP Supriya Sule said that what BJP did to Nawab Malik was wrong and Court would do justice «What BJP did to Nawab Malik is wrong...Nawab Malik fought against the drug mafia. BJP has become the 'Bhrasht Jumla Party' and Nawab Malik continued to expose them...Everybody is innocent till they are proven guilty.
08.12 / 07:23
President
reports
BJP announces its central observers in Rajasthan, MP and Chhattisgarh
Bharatiya Janata Party on Thursday announced its Central observers in their recently won states--Rajasthan, Madhya Pradesh and Chhattisgarh. «The Parliamentary Board of the Bharatiya Janata Party has approved Central observers of the party in Rajasthan, Madhya Pradesh and Chhattisgarh,» a release from the party said. Defence Minister Rajnath Singh, Rajya Sabha MP Suresh Pandey and Vinod Tavde, National Secretary General have been appointed as observors in Rajasthan. In Madhya Pradesh, Haryana CM Manohar Lal Khattar, K Laxman, National President, OBC Morcha and Aasha Lakda, National Secretary have been given the responsibility.
08.12 / 07:23
Progressive
Mobile
economy
country
reports
India will address EU's carbon tax issue; will retaliate if required: Goyal
carbon tax on certain imported goods, Commerce and Industry Minister Piyush Goyal on Friday said, adding that «I will retaliate» if required. The CBAM (Carbon Border Adjustment Mechanism) or carbon tax (a kind of import duty) will come into effect from January 1, 2026. However, from October 1 this year, domestic companies from seven carbon-intensive sectors, including steel, cement, fertiliser, aluminium and hydrocarbon products, will have to share data with regard to carbon emissions with the EU. «Bharat will address the problem of CBAM with confidence, and we will find solutions.
08.12 / 07:23
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fall
Varun Beverages shares fall 0.51 per cent in Friday's trading session
Varun Beverages Ltd. fell 0.51 per cent to Rs 1070.8 in Friday's trade as of 12:33PM (IST) even as the benchmark Nifty ruled at 20955.15, up 54.0 points. The scrip had closed at Rs 1076.35 in the previous session.
08.12 / 07:23
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Ethics panel recommendation to expel Mahua Moitra political vendetta: TMC MP Sudip Bandyopadhyay
Trinamool Congress leader in Lok Sabha Sudip Bandyopadhyay Friday described the Ethics Committee's recommendation to expel party MP Mahua Moitra in a «cash-for-query» allegation as «political vendetta» and claimed that it was aimed at stopping her from raising issues against the Adani Group. Bandyopadhyay said he had a one-on-one meeting with Lok Sabha Speaker Om Birla, who informed him that the report would be tabled along with a resolution.
08.12 / 07:23
Booking
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fall
Shree Cements shares fall 0.66 per cent in Friday's trading session
Shree Cements Ltd. fell 0.66 per cent to Rs 27804.65 in Friday's trade as of 12:27PM (IST) even as the benchmark Nifty ruled at 20948.55, up 47.4 points. The scrip had closed at Rs 27991.95 in the previous session.
08.12 / 07:01
08.12 / 07:01
08.12 / 07:01
Target
FIVE
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Inflation ‘volatility’ keeping Bank of Canada wary about future rate decisions
Inflation’s “volatility’” is keeping the Bank of Canada cautious about the future path for interest rate decisions, according to a senior central bank official.
08.12 / 07:01
Target
Aware
Manufacturing
Healthcare
pandemic
reports
Canadian firms paying ‘significantly’ more in ransomware attacks: data
Canadian companies are now paying more than $1 million in ransomware attacks, according to a new study.
08.12 / 07:01
CIBC
electronic
information
reports
CIBC hit with $1.3M penalty after failing to report suspicious transactions
Canada’s financial intelligence agency says it has levied a $1.3-million penalty against CIBC for non-compliance with money laundering and terrorist financing measures.
08.12 / 07:01
President
hospital
reports
McGill University applications down a ‘catastrophic’ 20% after out-of-province tuition hike
McGill University officials painted a dire picture Thursday of the impact already being felt by the institution over the government’s planned tuition hike for out-of-province students.
08.12 / 06:59
reports
Delhi Liquor Policy scam: SC grants bail to Pernod Ricard's Benoy Babu, says ‘can't keep people behind bars before…'
Live Law has reported. During the announcing the bail, Justice Sanjiv Khanna said, “You can't keep people behind bars before trial for long.
08.12 / 06:59
reports
gatherings
Who will be the CMs of Madhya Pradesh, Rajasthan, Chhattisgarh? BJP announces ‘Observers’. Details here
BJP to appoint new faces as Rajasthan, Madhya Pradesh, Chhattisgarh CM On Friday, the saffron party announced a total of nine observers for the three states. Union Defence Minister Rajnath Singh, Rajya Sabha MP Saroj Pandey, and senior BJP leader Vinod Tawde have been named as observers for Rajasthan.
08.12 / 06:59
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Action
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Nifty took just 61 sessions to rise from 20,000 to 21,000! A look at its journey from 1,000
RBI) kept the repo rate unchanged at 6.5 percent as expected and raised the FY24 GDP forecast to 7 percent from 6.5 percent earlier. However, it retained the FY24 CPI inflation forecast at 5.4 percent. The Monetary Policy Committee (MPC) of the central bank also retained its stance of remaining focused on “withdrawal of accommodation." Seconds before the announcement of the RBI’s policy actions, the Nifty 50 scaled the 21,000-mark for the first time.
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