Reports Financial News
29.11 / 03:59
markets
Strategy
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reports
With GDP due today, India's middle class consumption story has 3 protagonists
The ripple-effects of the slowed consumption was seen in India Inc's performance for the second quarter which clocked a revenue growth of 16-quarter-low. Moreover, India is due to report its Q2 GDP figures today, which may further push the Indian consumption story. According to a report by Marcellus Investment Managers, three key factors are contributing to this phenomenon: increasing automation in routine jobs, a cyclical economic downturn, and deteriorating household balance sheets.
29.11 / 03:59
markets
UPS
Target
Software
Trade
reports
Buy LTIMindtree, target price Rs 7,400: Motilal Oswal Financial Services
buy call on LTIMindtree with a target price of Rs 7,400. The current market price of LTIMindtree is Rs 6182.7. LTIMindtree, incorporated in 1996, is a Large Cap company with a market cap of Rs 183268.24 crore, operating in IT Software sector. LTIMindtree's key products/revenue segments include Software Development Charges & Other Services for the year ending 31-Mar-2023.
29.11 / 03:59
markets
UPS
Strategy
Sustainability
Trade
reports
SAIL shares in focus after signing MoU with John Cockerill for green steel tech
iron and steelmaking processes. The development is significant as the Maharatna firm remains committed to transforming traditional iron and steelmaking practices by adopting advanced, sustainable technologies, the company said in a statement. The Memorandum of Understanding (MoU) was signed by SAIL with John Cockerill India Ltd (JCIL), it added.
29.11 / 03:17
markets
Strategy
Analysis
Trade
information
reports
PC Jeweller shares in focus as co fixes record date for 1:10 stock split
PC Jeweller will be in focus after the company fixed December 10 as the record date for its proposed 1:10 stock split. “This is to inform that pursuant to the Members’ approval obtained through Postal Ballot on November 21, 2024, the Board of Directors of the Company by means of a resolution passed by circulation today i.e. on November 28, 2024, has fixed Record Date as mentioned below for sub-division/split of equity shares of the Company, such that 1 (One) equity share having face value of Rs 10 each, fully paid-up, be sub-divided / split into 10 (Ten) equity shares having face value of Re 1 each,” the company said in its press release yesterday.
29.11 / 03:17
markets
Reuters
Aware
security
Trade
Experts
reports
Adani stocks in focus as Indian banks are reviewing Group exposure following US charges
Adani stocks will be in focus on Friday after reports suggested Indian banks are reevaluating their exposure to the conglomerate. This follows charges of bribery and fraud filed by U.S. prosecutors against Chairman Gautam Adani and others. Public sector banks, including the State Bank of India (SBI), Bank of India, and Union Bank of India, are leading the review, with private lenders such as ICICI Bank, Canara Bank, IDBI Bank, and RBL Bank also involved, according to a Reuters report.
29.11 / 02:49
COST
community
wellness
reports
Courts
rights
Oil field owner sues California over law that would end its Los Angeles-area operations
The owner of an oil field in Los Angeles County is suing the state of California over a law that will require it to stop production and plug its wells or face costly fines
29.11 / 00:43
markets
UPS
Citi
Extreme
Compilation
stage
reports
The week in charts: FII selling, PAN 2.0, IPL auction
Subscribe to enjoy similar stories. Every Friday, Plain Facts publishes a compilation of data-based insights, with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by. Foreign investors have sold over ₹2 trillion worth of shares in this fiscal year so far.
29.11 / 00:43
Aviat
security
Trade
country
electronic
reports
International
AAI selects 150 small airports, airstrips for modernization to meet air cargo demand by leveraging existing infra
Subscribe to enjoy similar stories. As part of the National Democratic Alliance (NDA) government’s objective of growing India’s civil aviation sector, the Airports Authority of India (AAI) has selected 150 small airports and airstrips to modernize and develop, to cater to the increasing air cargo and passenger traffic demand, said two people aware of the development.
29.11 / 00:43
UPS
Provident
Target
CEO
Software
information
reports
Why IT services firms don’t offer full-year guidance but set lofty revenue goals
Subscribe to enjoy similar stories. Information technology services companies including LTIMindtree Ltd, Coforge Ltd, Sonata Software Ltd, and Happiest Minds Technologies Ltd do not traditionally provide full-year revenue guidance, but that has not stopped them from setting aspirational revenue goals. Analysts say such targets are aimed at investors.
28.11 / 20:57
markets
Netflix
Death
Experts
show
reports
Updates
Ginny & Georgia season 3 on Netflix: Latest updates on release date
Netflix. The show has also been renewed for fourth season. Ginny & Georgia season 2 was released on January 5, 2023. The second season was also nominated for Primetime Emmy. Meanwhile, the filming for Ginny & Georgia season 3 was concluded in September. While Netflix is yet to announce the Ginny & Georgia season 3 release date, the show is likely to premiere in Spring 2025, as per a report on WhatsOnNetflix.
28.11 / 20:57
markets
President
Experts
show
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Interviews
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Kamala Harris deliberately did not want to publicly criticize Joe Biden; here's the reason behind that
US Vice President Kamala Harris eventually faced significant challenges in publicly breaking from US President Joe Biden which was a decision eventually driven by her loyalty to his administration, reported The Hill. Senior adviser Stephanie Cutter explained that Kamala Harris wanted to avoid the negative media narratives that could arise from openly criticizing Joe Biden. According to The Hill, Kamala Harris actually maintained that US Vice Presidents traditionally do not diverge from their Presidents while citing recent historical examples, such as Mike Pence's break with Donald Trump following the Capitol riot. In spite of public perception that she might be a candidate for change, Kamala Harris struggled to articulate specific differences between her policies and those of Joe Biden. The Hill noted that in an interview on ‘The View’, when asked what she would have done differently from Joe Biden, she could not identify any significant change which was the statement that was later exploited by Donald Trump during his campaign rallies.
28.11 / 20:57
markets
Racing
Election
Emerson
President
Experts
reports
Polling for next presidential race begins; here are the frontrunners who will have a shot at the White House
recent Emerson Polling survey conducted in the month of November revealed that US Vice President Kamala Harris leads among the Democrats with 37% support for the 2028 US Presidential nomination, reported Independent. California Governor Gavin Newsom follows with 7% while Transportation Secretary Pete Buttigieg garners around 4%. According to Independent, among the Republicans, US Vice President- elect JD Vance has 30% support while Florida Governor Ron DeSantis and Vivek Ramaswamy receiving more than 5%. Pollsters did not provide pre-written options; instead respondents filled in their choices which allowed for a broader range of potential candidates, including figures like Rep. Rashida Tlaib and former First Lady Michelle Obama, asserted Independent. Kamala Harris is reportedly contemplating her political future while considering a gubernatorial run in California or another Presidential bid.
28.11 / 20:57
markets
Progressive
Fox
Food
Experts
reports
International
Source of foul smell at the International Space Station was solved; here's where the stench was coming from and how it was handled
space station is unpacked. When a Russian spacecraft docked at the International Space Station over the weekend, astronauts noticed a strange odour emanating from the spacecraft and immediately closed the hatch, only to open it again on Monday, as quoted in a report by Fox Weather. On November 21, the Progress supply mission, which brought supplies for the crew of the space station, took off from Kazakhstan's Baikonur Cosmodrome. At 9:31 a.m. ET on Saturday, the spacecraft docked at the Russian Poisk module, according to NASA. NASA claims that after opening the Progress hatch, the Roscosmos cosmonauts detected an unexpected odour and observed small droplets. The remainder of the Russian segment was sealed off, and the hatch was closed.
28.11 / 19:43
markets
Manufacturing
security
Stealth
Experts
reports
India, Russia explore joint production of Sukhoi engine
Hindustan Aeronautics Limited (HAL), DK Sunil, is visiting Russia ahead of defence minister Rajnath Singh's Moscow visit from December 8-10. Sunil is in Russia reportedly for clinching a deal for licensed manufacturing of 240 AL-31FP aero engines for Su-30MKI fighter jets presently in service with the Indian Air Force. The twin-engine Su-30MKI are due for upgrade to enhance their operational lives. Recently, HAL secured a contract worth ₹26,000 crore (about $3.1 billion) for the supply of 240 AL-31FP engines for Su-30MKI fighter jets, which are integral to India's air force fleet.
28.11 / 19:43
security
Election
President
Experts
show
reports
International
Big revelation by Kamala Harris's advisers, say internal polling never showed the VP was ahead of Donald Trump
US Vice President Kamala Harris revealed that their internal polling never indicated that she was leading US President- elect Donald Trump during her US Presidential campaign, in spite of public polls suggesting otherwise, reported USA Today. David Plouffe, who is a key campaign adviser, expressed surprise at the discrepancy while stating that their internal data consistently showed Kamala Harris trailing Donald Trump. According to USA Today, David Plouffe noted that while public polls in late September and early October portrayed a competitive race, the campaign was aware of its challenges, specifically after US President Joe Biden dropped out in the month of July. Also Read: Sarah Michelle Gellar hints at legacy sequel for ‘I Know What You Did Last Summer’ | Release date update
28.11 / 19:01
markets
Platform
Election
Exodus
Experts
social
reports
Is Elon Musk panicking over users leaving X erstwhile Twitter for Bluesky; here's what reports are saying
Elon Musk's social media platform, X (formerly known as Twitter) is experiencing a significant user exodus as many users are migrating to alternatives like Bluesky and Meta's Threads, reported Futurism. Following the recent US Presidential elections, where Elon Musk's support for US President- elect Donald Trump became more pronounced, an estimated 1.8 million users deactivated their accounts which marked the largest departure since Elon Musk's acquisition in the year 2022. According to Futurism, this mass exit has been fueled by dissatisfaction with the platform's environment, which many users describe as increasingly hostile due to rising hate speech, misinformation and politically charged content. Also Read: Age-defying makeover: Did Lindsay Lohan spend $300,000 on plastic surgery? Fans gush about her new youthful look; here's how she looks now and what doctors are saying
28.11 / 19:01
markets
Strategy
film
Experts
PAM
reports
Updates
Sarah Michelle Gellar hints at legacy sequel for ‘I Know What You Did Last Summer’ | Release date update
Sarah Michelle Gellar. The upcoming film marks the fourth entry in the iconic slasher series, which began in 1997. Known for its gripping tale of teenagers pursued by a vengeful killer in a fisherman’s slicker, the franchise is set to reenter the modern horror landscape. With a fresh cast alongside returning favorite Freddie Prinze Jr., reprising his role as Ray Bronson, the series is set to dazzle as mentioned in a report by Screenant.
28.11 / 18:51
Target
economy
students
Universities
country
reports
Mark Carney says Canada's immigration policy suffered ‘failures of execution’
Former Bank of Canada governor Mark Carney says that Canada has experienced “failures of execution” when it comes to immigration policy in recent years, taking in more people than the economy was able to handle.
28.11 / 18:51
28.11 / 17:45
markets
economy
Corning
President
hospital
reports
bowling
Avocados, tequila and other iconic Mexican products are jeopardized by Trump's tariff threats
Mexicans are worried that threats by U.S. President-elect Donald Trump to impose 25% tariffs could affect a wide range of iconic Mexican products, some of which support entire regional economies
28.11 / 17:45
Fox
Death
Experts
show
reports
Courts
Interviews
Federal court dismisses defamation lawsuit against Fox News for Jan. 6 conspiracy theory
A federal judge has dismissed a defamation lawsuit against Fox News brought by a former Marine and Trump supporter who claimed he was made a scapegoat by the network after the Jan. 6, 2021, U.S. Capitol insurrection
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