Reports Financial News

23.12 / 07:03
markets Strategy Software Research Experts reports 3.7 magnitude tremor hits Kutch in Gujarat; no casualty
Gujarat's Kutch district on Monday morning, the Institute of Seismological Research (ISR) said. There was no report of any casualty or damage to property, the district administration said.
23.12 / 05:09
markets COST UPS Immunic Trade reports Videos Morning Coffee: The safest job in banking is getting riskier. Barclays’ optimists could be in for a disappointment.
If there’s one job in banking that might be considered immune to the business cycle, compliance would be it.  It’s the one true secular growth industry – year in, year out, there is more regulation to comply with, and therefore more need for people to check that compliance is happening.  And although it’s not considered one of the better paid specialisms, there is always the possibility of coming across some really bad misbehaviour and cashing in through one of the extremely lucrative whistleblower programs.
23.12 / 05:01
markets Software economy Trade country reports Russia’s wartime economic woes slow railway trade with China
Russian Railways JSC — the state-owned carrier responsible for all rail transport throughout the country — last week approved a 30% cut in its investment program for next year amid soaring borrowing costs, news agency Tass reported, citing the transportation minister. An increase in war-related cargoes is also compounding existing bottlenecks, while sanctions weigh on cross-border payments. Those factors, along with longstanding logistical issues, are slowing the transport of goods like coal and aluminum.
23.12 / 05:01
markets UPS Target security Analysis Trade reports Buy Shriram Finance, target price Rs 3,825: Axis Securities
Axis Securities has initiated a coverage with a buy call on Shriram Finance with a target price of Rs 3825. The current market price of Shriram Finance is Rs 2938.4. Shriram Finance, incorporated in 1979, is a Large Cap company with a market cap of Rs 109946.78 crore, operating in NBFC sector. Shriram Finance's key products/revenue segments include Interest, Other Operating Revenue, Fees & Commission Income, Income From Financial Services, Income From Sale Of Share & Securities, Dividend and Rental Income for the year ending 31-Mar-2024.
23.12 / 05:01
markets UPS Analysis Trade reports Updates Stock market update: Nifty IT index 0.24% in an upbeat market
Coforge Ltd.(up 1.0 per cent), Wipro Ltd.(up 0.61 per cent), HCL Technologies Ltd.(up 0.47 per cent), MphasiS Ltd.(up 0.47 per cent) and Tech Mahindra Ltd.(up 0.46 per cent) were among the top gainers.
23.12 / 05:01
Provident Discover WhatsApp reports Department Investigations Fake 'Sunny Leone' gets Rs 1,000 monthly in Chhattisgarh under govt scheme for married women. Here's how
Sunny Leone. Virendra Joshi is accused of receiving Rs 1,000 monthly deposits intended for beneficiaries of the Mahtari Vandan Yojana. This scheme, implemented by the BJP government, provides Rs 1,000 per month to married women in the state. The fraud was discovered in Talur village, Bastar district. District Collector Haris S has ordered an investigation and the seizure of the bank account. Officials stated that media reports brought the fraud to light. The incident triggered a political clash between the ruling BJP and the opposition Congress. State Congress chief Deepak Baij claimed, «over 50 per cent of beneficiaries under the Mahtari Vandan Yojana are fake.»
23.12 / 05:01
markets Art Strategy Analysis Trade Experts reports Share price of Shriram Finance as Nifty
Shriram Finance Ltd. 2.64 per cent to Rs 2947.85 in Monday's trade as of 10:14AM (IST). The stock hit a high price of Rs 2951.25 and low of Rs 2913.90 during the session.
23.12 / 04:01
Digital Google Apple Research Instagram reports Features Apple’s app store puts kids a click away from a slew of inappropriate apps
Subscribe to enjoy similar stories. Stacy Ann Sipes thought she had her daughter’s phone locked down. For her daughter’s first iPhone, at age 14, Sipes used Apple parental-control settings to block Instagram and Snapchat.
23.12 / 02:53
markets Provident Reuters Software SpaceX PAM reports Palantir, Anduril join forces with tech groups to bid for Pentagon contracts: reports
Palantir Technologies and defense tech company Anduril Industries are in talks with about a dozen competitors to form a consortium that will jointly bid for U.S. government work, the Financial Times reported on Sunday. The consortium, which could announce agreements with other tech groups as early as January, is expected to include SpaceX, OpenAI, autonomous shipbuilder Saronic and artificial intelligence data group Scale AI, the newspaper said, citing several people with knowledge of the matter. «We are working together to provide a new generation of defence contractors,» a person involved in developing the group told the newspaper.
23.12 / 01:13
markets Provident Strategy Software Experts performer reports CMS Info Systems has given 32.4% returns in the last year: Should you buy?
cash management company reported a decent performance in the September 2024 quarter, with 15% year-on-year revenue growth. The performance was supported by significant growth in the managed services segment (36% year-on-year) and moderate growth (8% year-on-year) in the cash management services segment. However, margins (both EBITDA and PAT) contracted quarter-on-quarter and year-on-year amid lower realisations in the cash management segment, execution delays, and lower transactions in Brown Label ATMs (BLA). Analysts believe that such margin compression is temporary and expect performance acceleration in the second half of the current financial year. The company provides cash logistics services, including ATM and retail cash management and cash in transit. It is expanding into managed services like banking automation, ATM software, and remote monitoring. As a key partner for banks, NBFCs, retailers, and e-commerce firms, CMS Info leverages its network, technology, and solution-focused approach to tackle complex challenges.
23.12 / 01:13
markets security Software Experts show performer reports Strong marketing margin and higher profitability, how OMC stocks look oiled up for revival in second half of FY2025
Oil marketing companies (OMCs) weighed down the performance of corporate India in the September quarter. The weak performance of the refining segment, inventory losses and significant LPG under-recoveries contributed to the poor show. The three OMCs—Bharat Petroleum Corporation (BPCL), Hindustan Petroleum (HP) and Indian Oil Corporation (IOC)—reported a combined consolidated net profit of Rs.1,991.1 crore, falling by 92.8% year on year. The impact of OMCs on India Inc.’s overall performance can be assessed by comparing the aggregate PAT growth of all companies in the BSE 500 index and the index’s aggregate PAT growth (excluding OMCs). The data from Reuters-Refinitiv for 498 companies in the BSE 500 index shows a 1.7% y-o-y decline in the aggregate consolidated net profits (not adjusted for extraordinary items). After excluding OMCs, the aggregate net profit growth improves to 5.6% y-o-y. However, after the poor September quarter, the performance is set to improve in the second half of 2024-25. Recent reports from multiple brokerage houses, such as ICICI Securities, Prabhudas Lilladher, Antique Stock Broking, Motilal Oswal, and YES Securities, have been positive on the performance of OMCs.
23.12 / 00:07
UPS FIVE Strategy Align Research stars reports Radhakishan Damani opposes BAT nominee for Chair of VST Industries
Subscribe to enjoy similar stories. Top billionaire investor and D-Mart promoter Radhakishan Damani opposed the candidate for chairmanship proposed by British American Tobacco (BAT for its Indian unit VST Industries Ltd, leading to his rejection at a shareholder vote, according to voting disclosures and an executive privy to the development. Opposition from Damani, who owns nearly a third of India's third largest cigarette maker, marks a rare episode of opposition from the investor who holds more than 1% shares in 11 publicly listed companies.
23.12 / 00:07
markets UPS Booking Experts reports guidelines Gold auctions on the rise as NBFCs look to clean up books on RBI diktat, rise in prices
Subscribe to enjoy similar stories. Companies lending against gold are auctioning the collateral in higher quantities to recover stressed loans, at a time of rising regulatory scrutiny over the sector. Gold auctions that rose sequentially in the second quarter are expected to rise further in the ongoing December quarter, experts said, since directions from the Reserve Bank of India (RBI) pertaining to gold loans came only at the end of the second quarter.
22.12 / 21:01
markets Digital Action Software film exclusive reports Sonic 3 OTT release date: When will 'Sonic the Hedgehog 3' premiere?
Sonic the Hedgehog 3 will be available to stream exclusively on Paramount+ instead of the widely anticipated platforms like Netflix or Disney+. Fans of the blue blur will be able to enjoy the high-speed action and adventures directly from their Paramount+ subscriptions, as per a report. While an exact release date for «Sonic the Hedgehog 3» has not yet been confirmed, we can make an educated guess based on the release patterns of previous Paramount films. «Sonic the Hedgehog 2» was in theaters for just over six weeks before moving to streaming, and similarly, films like «Smile 2» and «A Quiet Place: Day One» followed a comparable timeline. Given this trend, it’s reasonable to expect that «Sonic the Hedgehog 3» will likely arrive on Paramount+ by mid-February 2025, following a similar theatrical-to-streaming window, IGN reported. Paramount's new action comedy «Sonic the Hedgehog 3» sped to the top of the North American box office this weekend, outdoing predictions with an estimated take of $62 million, one of the best December openings in years, industry watchers said Sunday, as per AFP report.
22.12 / 20:05
markets Digital Software Uncharted reports Features Updates The Last of Us season 2 on HBO Max: When will it premiere? Check latest update
The Last of Us" season 2 on HBO Max is happening but fans are curious about the release date. It is known that «The Last of Us» season 2 will premiere in 2025. The second installment features Pedro Pascal and Bella Ramsey. «The Last of Us» season 2 is likely to premiere on Max in Spring 2025, The Direct reported. After becoming known for cinematic storytelling and heartbreaking realism through franchises such as The Last of Us and Uncharted, Neil Druckmann said his next video game would take place in the fantastical reaches of space, where a tattooed bounty hunter watches anime and drives a Porsche-branded rocket ship, NYT News Service reported.
22.12 / 18:01
Death Research Actor Experts hospital reports jogging Rohan Mirchandani's death due to cardiac arrest: Expert tips from Sushmita Sen's cardiologist to stay safe from heart attacks
Last year, actor Sushmita Sen shared her experience of surviving a heart attack despite having a 95% blockage in one of her arteries. Her cardiologist, Dr. Rajiv B Bhagwat from Nanavati Max Super Speciality Hospital, emphasized that her fitness routine played a crucial role in saving her life. A daily fitness schedule conditions the muscles and tissues in such a manner that they can expand and withstand the stress of less oxygen in the blood, Dr. Bhagwat explained. Regular and moderate exercise helps store energy in muscles, which is crucial during a cardiac crisis. Sushmita’s good blood flow ensured minimal damage to her heart during the episode.
22.12 / 17:39
Platform security Strategy Software Warner Bros show reports Why is Max ending the Sesame Street and what’s next for the show?
Discovery decided not to renew its contract with the streaming platform, Max, which has been its home since 2016, as mentioned in a report by People. With the fate of the show hanging in the balance, here’s what we know about Sesame Street’s future.
22.12 / 17:13
UPS Racing Wildlife reports volunteers A race is on to clean up shorelines off Crimea after tons of oil spills from damaged Russian ships
Cleanup continues in the Kerch Strait near Russian-occupied Crimea, a week after at least 3,700 tons of low-grade fuel oil spilled out of two storm-stricken Russian tankers
22.12 / 16:37
Remark Enterprise Opinion reports recommendations guidelines Proxy advisors call for Rashmi Saluja's ouster from Religare; co backs her
Subscribe to enjoy similar stories. Two leading proxy advisory firms have recommended Religare Enterprises investors Ltd (REL) to vote against giving a fresh five-year term on the company's board to chairperson Rashmi Saluja, further turning the odds against her re-appointment that was already hanging in the balance amidst her ongoing feud with the company's largest shareholders, the Burman family.
22.12 / 16:31
Citi Software Food Boxing pandemic 2020 reports Boxing Day 2024: What’s open and closed | All about the festive tradition
Boxing Day sales. However, not all retailers and supermarkets will swing their doors open on December 26. Over the past few years, several stores have embraced a new tradition of staying closed on Boxing Day, a practice initiated during the pandemic in 2020.
22.12 / 16:31
markets UPS FIVE Reuters Software Trade reports Christmas Santa Claus rally in Wall Street, US Stock Market: Will S&P 500 disappoint traders, investors this year?
The benchmark S&P 500 is up more than 24 per cent for 2024, even after a major stumble this week, and Wall Street has historically often enjoyed a strong annual close, according to the Reuters report. Since 1969, the last five trading days of the year combined with the first two of the following year have yielded an average S&P 500 gain of 1.3 per cent, a period known as the «Santa Claus Rally», according to the Stock Trader's Almanac. But this year, there are signs Santa Claus may disappoint, Reuters reported.

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