Reports Financial News
04.12 / 15:45
Provident
FIVE
Aviat
Bill
country
reports
Winter Session Day 1: PM Modi applauded amid 'Teesri Baar Modi Sarkar' slogans; 2 Bills passed | 10 takeaways
Rajnaitik garmi badi tezi se badh rahi hai (political temperatures are soaring)" — That's how Prime Minister Narenndra Modi kicked off his speech right before the start of the Winter Session of Parliament 2023 on Monday. Clearly, he was referring to the Bharatiya Janata Party's (BJP) win in three of the five assembly polls. Speaking about the results of the assembly polls, especially the BJP's performance in the Hindi hearland, PM Modi said that the results show that people "have rejected negativity." He also urged the opposition not to protest “for the sake of it." Parliament's Winter Session began on a high note on Monday, as PM Modi was welcomed in the Lok Sabha with applause.
04.12 / 15:32
Nov
musician
2020
reports
Plumas
Taylor Swift is expected to earn more money on Spotify than any other artist
Taylor Swift has surpassed her fellow musicians in 2023 in a number of areas. She also achieved a significant milestone earlier this week when she was voted Spotify's top-streamed artist of 2023. Swift has surpassed artists including three-time champion Bad Bunny, The Weeknd, Drake, and Peso Pluma with 26.1 billion global listens on Spotify since January 1, according to the company's annual year-end Wrapped report, which was released on Wednesday, Nov.
04.12 / 15:32
Digital
Gap
Bill
consequences
reports
IT sector growth to inch up to 6% in FY25, hiring to be moderate for 3 quarters: Icra
Icra on Monday said the Indian IT sector's revenue growth will inch up to over 6 per cent in 2024-25 from 3-5 per cent estimated for the ongoing financial year. The slower growth will have an impact on the hiring plans, the agency said, adding that staff addition will continue to remain «muted» for the next 2-3 quarters. The USD 250-billion industry grew by 9.2 per cent in FY2022-23. The muted hiring outlook is the result of a weak demand scenario and companies will be focusing on utilising the capacity in the past and improving the overall utilisation levels, the agency said.
04.12 / 15:01
Target
JPMorgan
Compilation
Citigroup
social
information
reports
Can banks really be trusted on ESG when they set their own rules?
In recent years, many of the world’s biggest banks have published reports chronicling the vast sums they say they’re channeling into environmental and social activities. Now, senior people inside the industry are raising questions about those statements.
04.12 / 15:01
Bitcoin
reports
Bonds slip back amid rising rate cuts doubts
Stocks and bonds retreated as traders pause after November’s blockbluster rally and debate the case for interest rate cuts. Bitcoin surged past $41,000, while gold briefly touched an all time high.
04.12 / 15:01
reports
Broker
stake
Osaic owner reportedly seeking buyer for up to 20% stake in broker-dealer
A minority stake in one the largest broker-dealers in the United States could be sold off by its private equity owners, according to a report by Bloomberg.
04.12 / 14:56
Booking
Platform
covid19
Inside
reports
BookMyShow turns profitable; FY23 operating revenue nears Rs 1,000 crore
BookMyShow reported a financial recovery in FY23, rebounding from the impact of pandemic-induced lockdowns and challenges to its operations in FY21. Its operating revenue surged 3.5 times to Rs 976 crore for the fiscal year ended March 2023, from Rs 277 crore in FY22, according to documents sourced from company data and intelligence platform Tofler.
04.12 / 14:56
Man
Platform
Action
Southern
hospital
information
reports
Railways sets up emergency cell in Chennai, war room in Delhi to tackle 'Michaung' challenge
Railway Ministry has set up an emergency control cell in Chennai and a war room at the Rail Bhawan in New Delhi among various other measures to meet the challenges posed by the cyclonic storm 'Michaung'. «The Indian Railways has geared up its entire machinery in a big way to ensure and manage smooth and safe railway operations in the areas likely to be affected by the cyclonic storm 'Michaung',» a statement issued by the Railway Ministry said on Monday.
04.12 / 14:55
Booking
Nov
information
reports
recommendations
342 proposals cleared till Nov 16 to complete stalled real estate projects: Government
real estate projects, benefit more than 2 lakh homebuyers and unlock projects worth Rs 94,367 crore, the Rajya Sabha was informed on Monday. In a written reply to a question, Union Minister of State for Housing and Urban Affairs Kaushal Kishore said that these proposals have been approved under the Special Window for Completion of Affordable and Mid-Income Housing (SWAMIH) investment fund.
04.12 / 14:53
Reuters
Aware
Strategy
President
Bitcoin
reports
El Salvador's Bitcoin investments in $3.6 million profit, claims President Nayib Bukele: ‘No intention to sell….’
unregulated cryptocurrencies. “Of course, we have no intention of selling; that has never been our objective. We are fully aware that the price will continue to fluctuate in the future, this doesn’t affect our long-term strategy.
04.12 / 14:53
Cooper
reports
RBI imposes monetary penalty on four co-operative banks. Details here
Reserve Bank of India (RBI) has imposed monetary penalties on four co-operative banks for deficiencies in regulatory compliance. These co-operative banks are: Jijamata Mahila Sahakari Bank Ltd, Shri Laxmikrupa Urban Co-operative Bank Ltd, The Konark Urban Cooperative Bank Ltd and The Chembur Nagarik Sahakari Bank Ltd.
04.12 / 14:37
04.12 / 14:23
economy
AutoZone
Broadcom
President
reports
testing
500
Weekly
Dow Jones, Nasdaq, S&P 500 weekly preview: Can this rally hold?
The S&P 500 (SPX) recorded its fifth consecutive candle last week (+0.8%), matching the May-June streak. The index is now testing the 2023 highs around 4600. A break above this level would pave the way towards the record highs around 4800 while a failure would increase the risk of a double top pattern.
04.12 / 14:21
Target
Manufacturing
reports
stake
VC Fund Fireside Ventures likely to sell its 1.9% stake in Mamaearth parent company Honasa; Details here
₹230 crore, in the personal care products manufacturer. The designated floor price for the sale has been established at ₹368.7-384.1 per share, reflecting a potential discount of up to 4% from the prevailing market price. Kotak Securities is the broker to the deal, the reports cited.
04.12 / 14:01
FIVE
Strategy
economy
pandemic
show
reports
guidelines
Posthaste: Canadians brace for mortgage renewal cliff that could hike payments by 70%
The holiday spending season is upon us, and poll after poll reveals that this year Canadians are keeping a tighter grip on their wallets.
04.12 / 14:01
04.12 / 14:01
Citizens
Aware
Death
love
country
information
reports
Quebec entrepreneur Daniel Langlois and partner reportedly found dead in Dominica
The charred remains of two people found in a burned-out vehicle in the Caribbean island country of Dominica on Friday are believed to be those of Quebec entrepreneur Daniel Langlois and his partner, Dominique Marchand, according to a Dominican news outlet and several Quebec media reports.
04.12 / 13:58
BLOCK
Experts
reports
stake
VC fund Fireside Ventures to sell 1.9% stake in Mamaearth parent via block deal: Report
Fireside Ventures Investment Fund plans to sell its partial stake in Mamaearth parent Honasa Consumer through block deals on Tuesday, according to reports. The VC firm is offering 61 lakh shares or 1.9% stake in the personal care products maker.
04.12 / 13:58
Provident
country
hospital
reports
testing
patient
guidelines
Apollo Hospitals unit says it follows all legal, ethical requirements for transplants
IMCL) on Monday asserted that it follows every legal and ethical requirement for transplants, including government guidelines, refuting a report which alleged that it was involved in 'cash for kidney racket'. The hospital, a part of the Apollo Hospitals group, said each foreign donor is required to provide a certification from their respective foreign governments that the donor and recipient are indeed related before undertaking transplant.
04.12 / 13:57
Manufacturing
Platform
Apple
Align
Qualcomm
reports
iPhones to have Apple 6G modems? Here's what report claims
Contrary to some rumors, Gurman affirms in his newsletter, «Power On», that Apple remains committed to advancing its 5G modem development. However, the company is concurrently directing attention to the burgeoning field of 6G. A notable job opening on Apple's official website discloses their pursuit of a cellular platform architect to contribute to these cutting-edge endeavors. In contrast to many smartphone manufacturers, Apple prefers to maintain self-sufficiency when it comes to essential components. Not only does Apple produce the processors for iPhones, but it also boasts its own operating system. A crucial hardware element, the modem facilitates a phone's connection to a cellular network. Although Apple presently relies on Qualcomm modems in its devices, the company is actively working towards a future where it can employ its own in-house modems for upcoming devices. This strategic shift aligns with Apple's commitment to greater control and autonomy over the integral parts of its products.
04.12 / 13:53
Citi
FIVE
Waters
Bill
pandemic
reports
On the Brink: A Nova Scotia family and the ‘never-ending struggle’ to survive
This is the first instalment of a Global News series called ‘On the Brink,’ which profiles people who are struggling with the rising cost of living. In this story, a Nova Scotia woman talks about the challenges of making ends meet while supporting her family.Maria Burgess knows what it’s like to be on the brink.After years of hardship, the 32-year-old has finally managed to carve out a happy life for herself and her family – but it wasn’t easy.“Now we have a working stove, a working fridge, the clothes on our back and food in our cupboards, which is the big thing for me,” she said in an interview from her home in Moncton, N.B., where she recently moved after exhausting her options in Nova Scotia.She recalls, not too long ago, having to choose between buying groceries, paying rent and letting a bill go.
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