Reports Financial News
06.02 / 14:45
Analysis
Research
Trade
Experts
reports
rights
Cochin Shipyard Q3 Results: PAT falls 27% YoY to Rs 177 cr; Rs 3.5 per share dividend declared
Cochin Shipyard on Thursday reported a 27% year-on-year (YoY) drop in its consolidated net profit at Rs 177 crore in the third quarter, compared with Rs 244 crore in the same quarter of last year. Revenue from operations in the same period increased 9% YoY to Rs 1148 crore. The same stood at Rs 1056 crore in the corresponding period of previous year.
06.02 / 14:45
06.02 / 13:39
markets
Digital
Strategy
President
PAM
reports
Did Prince Harry lie on his immigration paperwork and will he be deported from the U.S for that? A federal judge is considering next steps
Prince Harry's US visa application has been recently and reportedly reopened with the Heritage Foundation seeking to reveal potential discrepancies in his immigration paperwork, reported Associated Press.
06.02 / 13:39
UPS
Analysis
Trade
Experts
reports
rights
Hero MotoCorp Q3 Results: Standalone PAT jumps 12% YoY to Rs 1,203 crore; Rs 100 per share dividend announced
Hero MotoCorp on Thursday reported a 12% growth in its December quarter standalone net profit to Rs 1,203 crore versus Rs 1,073 crore reported in the year-ago period. It was higher than the Street's estimates of Rs 1,122 crore. The company announced an interim dividend of Rs 100 per equity share.
06.02 / 13:09
06.02 / 13:09
markets
President
Doge
reports
Department
Colleges
Who is Edward Coristine? The 19-year-old heir to a popcorn fortune who dropped out of college to work for Elon Musk's DOGE and is unsettling federal employees
Edward Coristine, a young college dropout has now become the center of political attention, especially after he joined the Department of Government Efficiency under the leadership of Elon Musk. Coristine was a freshman engineering major at a renowned US university until he left it all behind to start working for the federal government under Elon Musk, whom Coristine considers as his 'idol', according to a DailyBeast report.
06.02 / 13:09
markets
Booking
security
Analysis
Trade
Experts
reports
Stockbrokers’ margins to shrink by 400 bps in FY25 as regulatory curbs hit trading volumes: CareEdge
The regulatory clampdown, aimed at curbing excessive retail participation in derivatives, has led to sweeping changes, including higher Securities Transaction Tax (STT) rates, increased Market Infrastructure Institutions (MII) charges, and modifications in futures and options (F&O) trading rules. These measures have already triggered a sharp decline in F&O turnover, which fell from Rs 11,410 trillion in October 2024 to Rs 6,044 trillion by December 2024.
06.02 / 12:51
Provident
Manufacturing
CEO
Exelon
wellness
country
reports
Power stocks had been on an AI tear. Then came DeepSeek.
Subscribe to enjoy similar stories. Chinese AI startup DeepSeek has laid bare one of the power sector’s greatest fears: The AI boom might not need nearly as much electricity as anticipated. DeepSeek, a generative-AI model trained using substantially less energy than its American competitors, routed tech and power company shares last week, eroding stock gains spurred by data center growth projections.
06.02 / 12:41
markets
security
Strategy
PAM
information
reports
DeepSeek's first working day after the Lunar New Year break: More security personnel deployed outside its building, entrance locked, and all visitors requests turned down
DeepSeek's latest AI model gained global attention in the last two weeks, but now the company is maintaining secrecy about its next moves.
06.02 / 11:49
06.02 / 11:03
markets
COST
Digital
Manufacturing
Sustainability
Trade
reports
Rise in digital adoption and sustainability measures across MSMEs: SIDBI MSME Outlook Survey
SIDBI) has launched their first ever MSME Outlook Survey, a quarterly analysis of MSME business sentiment for the October-December 2024 period.
06.02 / 10:37
markets
security
economy
Research
Trade
Experts
reports
Budget boost: Tax relief promises consumer spending, but market rally on hold
Subscribe to enjoy similar stories. Can tax relief for the urban middle class spark a consumption revival, and help accelerate an economy that has lately been grappling with a slowdown? The governemnt sure hopes so. In the Union budget presented on 1 February, finance minister Nirmala Sitharaman announced raising the income tax exemption limit to ₹12 lakh from ₹7 lakh, which has been touted by many as a potential game-changer.
06.02 / 09:15
Bill
reports
Income Tax Bill News LIVE: New bill may get cabinet approval tomorrow, likely to be introduced next week
Income Tax Bill News LIVE: The Union Cabinet is expected to approve the new Income Tax Bill, potentially leading to its introduction in the Lok Sabha early the following week6. This bill is part of a larger effort to reform the tax system, and aims to overhaul the existing tax structure to make it more streamlined and transparent6.Income Tax Bill News LIVE: The Indian government aims that the new income tax bill will be clearer and expected to have 50% less text, as per FM Nirmala Sitharaman's Budget 2025 announcement.
06.02 / 09:07
UPS
Action
Continental
President
country
reports
Baltic nations count final hours to ending electricity ties to Russia
Nearly 3 1/2 decades after leaving the Soviet Union, the Baltic countries of Estonia, Latvia and Lithuania this weekend will flip a switch to end electricity-grid connections to neighboring Russia and Belarus
06.02 / 09:07
COST
UPS
Manufacturing
Trade
President
country
reports
Fast fashion, laptops and toys are likely to cost more due to US tariffs on Chinese imports
A sweeping new U.S. tariff on products made in China is expected to increase the prices American consumers pay for a wide array of products
06.02 / 09:07
06.02 / 08:55
markets
UPS
IPO
beautiful
reports
The Beauty Tech Group plans London listing later this year
TBTG's IPO, valued at around £350m, comes after a poor year for listings on UK's main stock exchange market in 2024. London Stock Exchange suffers lowest IPO volume on record in 2024 An EY report in January found that the London Stock Exchange saw 88 delistings in 2024, while just 18 IPOs took place on the main market and AIM. However, despite the low volumes of listings, the value of the IPOs significantly trumped the proceeds raised in 2023, with a 256% rise year-on-year from £953.7m to £3.4bn. The Beauty Tech Group is yet to come up with any details about its float. ...
06.02 / 08:55
Citi
reports
Investigations
House of Lords committee slams FCA over 'unacceptable' name and shame plans
The regulator initially set out to plans to publicly name firms under investigation if it was in public interest. Previously, this was only done in exceptional circumstances. City minister Emma Reynolds: 'We have failed to drive an investment culture' in the UK Following the House of Lords inquiry on the FCA's consultation paper on publicising enforcement investigations, the FSRC — established last year — has today (6 February) published its first report, Naming and shaming: how not to regulate. The committee concluded that the FCA has not made a convincing case for a change to its...
06.02 / 08:33
Cooper
Citizens
Assurant
President
country
reports
travelers
Indians Deportation from US LIVE: Jaishankar to address Rajya Sabha amid Oppn backlash on ‘handcuffs, chains’
Why Are Indians Being Deported?Over hundred Indians were deported from the US and landed in Amritsar this week. The United States is set to deport Indians who illegally entered into the country as part of US President Donald Trump's crackdown on illegal immigration.Government and political standpointSoon after taking over as the President of the United States, Donald Trump flagged the issue of illegal immigration.
06.02 / 08:33
UPS
Racing
Research
country
innovations
reports
rights
Nilesh Jasani: Snap out of the DeepSeek delusion and invest big in basic research
Subscribe to enjoy similar stories. The artificial intelligence (AI) landscape is shifting beneath our feet. As Mint reported, India wants to develop its own AI chip.
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