Reports Financial News

Coinbase has revealed a significant increase in law enforcement requests over the past years in its latest transparency report.

insurance and other firms, he kept looking for mediocre businesses at bargain prices. Munger instead focused on great businesses at acceptable prices, reckoning that their ability to produce cash in the future would more than compensate for paying a premium price up front. Over years of discussion, Munger persuaded his partner to change.

Siemens announced that Siemens AG, based in Germany, will purchase an 18 percent stake in the company from Siemens Energy Holding BV at a rate of ₹2952.86 per share, on December 1. This price reflects a discount of 21.32 percent compared to the last closing price. The acquisition involves 6,41,01,646 shares, resulting in a transaction value of ₹18,928 crore.

Gurpatwant Singh Pannun is now at the crux of possible bitterness in ties between India and US, if the former does not tread carefully. US recently charged an Indian man- Nikhil Gupta- with plotting to assassinate Pannun in American soil.

Dallas Cowboys owner Jerry Jones has expressed admiration for quarterback Dak Prescott after his stellar performance in Thursday's 41-35 comeback win against the Seattle Seahawks. Jones commended Prescott, stating that the quarterback is currently at the pinnacle of his abilities in the NFL. Addressing reporters after the game, Jones acknowledged Prescott's continuous improvement despite his extensive experience and past successes and challenges.

Antonio Guterres urged world leaders at the COP28 climate summit to plan for a future without fossil fuels, saying there was no other way to curb global warming. Speaking a day after COP28 president Sultan Ahmed al-Jaber proposed embracing the continued use of fossil fuels, Guterres said: «We cannot save a burning planet with a fire hose of fossil fuels.» «The 1.5-degree limit is only possible if we ultimately stop burning all fossil fuels. Not reduce.

Adani Group plans to spend 7 trillion rupees ($84.00 billion) over the next decade on infrastructure projects, Chief Financial Officer Jugeshinder Singh said on Friday. «Our capex will go up to run and develop infrastructure,» Singh said, without elaborating on the type of projects the company would undertake. The port-to-power conglomerate runs India's largest private port and is also developing and managing several airports and roads. The billionaire Gautam Adani-led group will also decide on divesting its stake in Adani Wilmar, its joint venture (JV) with Singapore's Wilmar International, in the next three months, Singh said on the sidelines of the Trust group event in Mumbai. Adani Group holds a 44% stake in the JV and has been considering a potential stake sale for a few months, Bloomberg News reported earlier, adding that Gautam Adani and his family may retain a minority stake in a personal capacity. Adani Wilmar posted a second consecutive quarterly loss in November. Shares of Adani Group companies are recovering after a Jan.

quality control orders (QCO) on nickel, copper, and aluminium by six months. The initial date for quality control orders to kick in was December 1, 2023.

Though the growth rate moderated when compared with the previous few months, in terms of absolute numbers, passenger vehicle wholesales last month were the best-ever for November in the domestic automobile industry. According to industry estimates, about 335,354 cars, sedans and utility vehicles were dispatched from factories to dealerships last month, an increase of 3.9% over 322,600 units sold in the same period last year. Industry numbers were supported by market leaders Maruti Suzuki and Hyundai Motor India which reported a growth of 1.3% (134,158 units) and 3.1% (49,451 units), respectively last month. Shashank Srivastava, senior executive officer (marketing and sales) at Maruti Suzuki said, “This is the 11th straight month that the industry has reported best-ever sales for the month. Better availability of vehicles with the easing of the semiconductor shortage helped boost sales in the festive period in the first two weeks of last month.” For the whole month, demand at Maruti Suzuki remained healthy with bookings increasing by 7%, he said.

Investing.com -- Traders look ahead to the start of the final month of trading in 2023 following a positive November for stocks on Wall Street. Elsewhere, Tesla (NASDAQ:TSLA) reveals a price tag for the cheapest model of its futuristic-looking Cybertruck that is well above boss Elon Musk's initial estimates, and a private survey shows Chinese manufacturing activity unexpectedly expanded last month.

Hindustan Petroleum Corp. Ltd, Jaguar Land Rover, and Whirlpool. IIT-Roorkee did not disclose the salaries offered, only stating that “as compared to last year, we have received the highest international salary".

NEW DELHI : Hindustan Unilever Ltd is splitting its beauty and personal care business into two, one dedicated to beauty and wellbeing and the other to personal care, as it looks to take on younger, mostly digital-focused companies that are challenging the incumbents. With the transition, effective 1 April, HUL’s beauty and personal care business structure will mirror that of parent Unilever, which too has beauty and wellbeing (B&W), and personal care (PC), as separate divisions. HUL’s beauty and personal care division contributed 37% of its revenue in FY23, with brands such as Lifebuoy, Lux, Sunsilk, Clinic Plus, Dove, Lakmé, Pond’s, and Closeup.

Indian Express, one Gautam Kumar, who had recently cleared the Bihar Public Service Commission exam, was kidnapped from the school he teaches in, and forced to marry kidnappers daughter. Gautam Kumar was appointed as a teacher at Utkramit Madhya Vidyalaya in Patepur’s Repura. According to Indian Express report, three to four people arrived at the school in a four-wheeler and forcibly took Kumar away.

₹7 trillion ($84 billion) on infrastructure over the next decade, a similar amount the Indian conglomerate owned by billionaire Gautam Adani has lost in market value since corporate fraud allegations were leveled against it by a US short-seller earlier this year. “We desire to invest more," Jugeshinder Singh, the group chief financial officer, told reporters on Friday in Mumbai, without fleshing out further details. Singh’s ambitious expenditure targets are part of Adani’s strategy to attempt to draw a line over damaging allegations made by Hindenburg Research in January, after the short-seller accused the conglomerate of engaging in years of stock price manipulation and accounting malpractice.

Oil India have emerged as the top stock picks for domestic brokerage firm Motilal Oswal Financial Services. Along with the two state-owned oil producers, GAIL, Reliance Industries Limited (RIL) and Indian Oil Corporation (IOC) are also among the preferred oil and gas stock picks for the brokerage.

Also Read: Nifty 50 hits record high; 5 key factors that drove the market The impetus for today's market surge was primarily driven by the release of India's GDP numbers on Thursday. The country's economy exhibited robust growth, expanding by 7.6% in the September quarter of the current fiscal year, surpassing analysts' expectations.

Khalistani separatist Gurpatwant Singh Pannun on American soil, has brought forth the debacle with Canada, wherein Prime Minister Justin Trudeau had informed the Canadian Parliament that they have ‘credible evidence’ to allege that Indian government and intelligentsia was involved in the June murder of Khalistani separatist Hardeep Singh Nijjar. The indictments brought against one Nikhil Gupta on attempting to kill Sikh For Justice (SFJ) leader Gurpatwant Singh Pannun, also revealed that it had links to Nijjar's killing earlier this year, and has prompted questions about what US agents knew in the days before his death.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

MONTREAL — National Bank of Canada reported its fourth-quarter profit rose compared with a year ago and raised its dividend.

Bank of Montreal missed analysts’ earnings estimates as the company reported higher expenses related to the integration of Bank of the West and a drop in wealth-management income.