Reports Financial News

Marico Ltd. traded 3.13 per cent higher in Friday's session at 09:59AM (IST). The stock opened at Rs 650.9 and has touched an intraday high and low of Rs 673.2 and Rs 648.9, respectively, during the session so far. The stock quoted a 52-week high of Rs 692.7 and a 52-week low of 486.75. About 56,167 shares changed hands on the counter so far.

Indigo Paints fell by 5.7% to a low of Rs 1,452.10 on the BSE during early trading today. This decline followed a block deal estimated at Rs 179.2 crore, representing 2.5% of the company's equity, at Rs 1,493 per share. Reportedly, 1.2 crore shares were traded in the transaction, with Peak XV Partners Investments (formerly Sequoia India) likely being the seller.

Uttarakhand government has said that participation of state employees in morning and evening meetings and other cultural and social activities of Rashtriya Swayamsevak Sangh (RSS) will not be considered a violation of Uttarakhand State Employees Conduct Rules-2002. In this regard, Additional Chief Secretary Anand Vardhan has issued orders that state employees can participate in RSS programs provided this work does not cause any hindrance in their official duties and responsibilities. In a letter dated September 5 Additional Chief Secretary Anand Vardhan said, «After due deliberation by the Government, it has been decided that participation of any Government employee in Rashtriya Swayamsevak Sangh (RSS) branch (morning/evening meeting) and other cultural/social activities will not be considered as a violation of Uttarakhand State Employees Conduct Rules, 2002 (as amended from time to time).»

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

CreditAccess Grameen with a target price of Rs 1555. The current market price of CreditAccess Grameen Ltd. is Rs 1179.5. CreditAccess Grameen Ltd., incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 18798.64 Crore) operating in NBFC sector.

Ujjivan Small Finance Bank with a target price of Rs 52. The current market price of Ujjivan Small Finance Bank is Rs 43.96. Ujjivan Small Finance Bank Ltd., incorporated in the year 2016, is a banking company (having a market cap of Rs 8495.57 Crore).

West Bengal Governor Ananda Bose has criticised Chief Minister Mamata Banerjee for failing to send a technical report along with the Aparajita Bill passed by the State Assembly. As per rules, the government is duty bound to send a technical report before a decision is taken on giving assent to the bill. The Raj Bhavan admonished Nabanna (State Secretariat) against allegedly misleading the people to cover up the lapses of the State government. «This is not the first time that the government has withheld technical reports and blames Raj Bhavan for withholding the bills,» a statement by Raj Bhavan said. The Governor has taken swift action on the Aparajita Bill and admonished the Chief Minister. According to the statement, «The governor has pulled up the Chief Minister for failing to send the government's technical report on the bill, which is mandatory under the rules. He has admonished the government and told them to do their homework in important matters like this.»

FMCG sector. Britannia is reportedly in talks to acquire Guwahati-based snacks maker Kishlay Foods. Last year, ITC acquired healthy snacks brand Yoga Bar and there have been reports of some of the leading FMCG players considering buyouts of some snack companies.

US National Security Council spokesman John Kirby stated that the Biden administration believes that the ceasefire deal between Israel and Hamas is 90 per cent agreed on, adding, «That's how close we believe we are,» Al Jazeera reported. «Nothing is negotiated until everything is negotiated,» Kirby said. He noted that several detailed issues remain to be resolved, adding that «that's when things get difficult.» «You call that optimistic. I call that accurate. That's how close we believe we are. That's where we have gotten to. The basic framework of the deal has been agreed to,» Kirby said.

Britain needs an additional one trillion pounds ($1.3 trillion) in investment in the next decade to grow the economy, a report said on Friday. New British Prime Minister Keir Starmer said he wanted the economy to achieve annual growth of 2.5% when campaigning in the run-up to July 4's election — a rate that Britain has not regularly reached since before the 2008 financial crisis. An annual growth rate of 3% would require extra investment of 100 billion pounds a year in the next 10 years, particularly in energy, housing and venture capital, according to the report from UK financial services lobby group Capital Markets Industry Taskforce.

Plain Facts publishes a compilation of data-based insights, complete with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by. The World Bank upgraded its FY25 GDP forecast for India and Adani group is looking to acquire multiple FMCG businesses. Meanwhile, GST on health and life insurance premia could be discussed at the GST council meeting on Monday.

Georgia state officials arrested the father of the 14-year-old suspected school shooter Colt Gray on Thursday in connection with Wednesday's shooting at Apalachee High School that killed four people and wounded nine. «In coordination with District Attorney Brad Smith, the GBI has arrested Colin Gray, age 54, in connection to the shooting at Apalachee High School. Colin is Colt Gray's father,» the Georgia Bureau of Investigation said on X. Both Grays had been questioned by local officials in neighboring Jackson County last year in connection with an online threat to commit a school shooting, but there was no probable cause for their arrest, the FBI said on Wednesday.

Georgia state officials arrested Colin Gray, the father of 14-year-old Colt Gray, who is suspected of carrying out Wednesday’s shooting at Apalachee High School. Colt Gray allegedly used an AR-15-style semiautomatic rifle in the attack, which left four people dead and nine others wounded. Authorities are investigating how the teenager obtained the weapon that was reportedly purchased by his father months after the family had been questioned about potential school threats. Investigators revealed that Colt Gray's rifle was used to kill two teachers and two students at the high school. The Georgia Bureau of Investigation (GBI) confirmed Colin Gray's arrest on Thursday. «In coordination with District Attorney Brad Smith, the GBI has arrested Colin Gray, age 54, in connection to the shooting at Apalachee High School. Colin is Colt Gray's father,» the GBI posted on X, formerly known as Twitter. Last year, both father and son were questioned by local authorities after threats appeared on a Discord account hinting at violence at a school. However, at that time, there was no concrete evidence linking them to the threats. Jackson County Sheriff Janis Mangum explained, «This case was worked, and at the time the boy was 13, and it wasn't enough to substantiate. If we get a judge's order or we charge somebody, we take firearms for safekeeping.»

Mint. Significantly, private credit is growing despite high global interest rates because it offers flexible terms for pricing, duration, and structure. This flexibility helps companies manage their costs and cash flow more effectively in a challenging interest rate environment.

Joe Biden's son Hunter pleaded guilty in a tax evasion trial on Thursday, without reaching the deal he had sought with prosecutors, in a case that has been an embarrassment for the US president. The 54-year-old admitted nine counts related to failing to pay $1.4 million in taxes over the past decade, money that prosecutors said he splurged instead on luxury living, sex workers and a drug habit. The pleas came on the day jury selection for a trial had been due to start, and hours after Biden had offered to plead guilty in the hope of striking a deal that might keep him out of prison.

The Nevada Supreme Court has ended a defamation lawsuit brought by casino mogul Steve Wynn against The Associated Press in 2018

Indigo Paints, Nucleus Software, Venus Pipes, Adani Enterprises, Godfrey Phillips among others will be in focus due to various news developments. Indigo Paints

Stocks, bonds and major currencies held to tight ranges Friday as traders prepared for US jobs data that will help determine the size of a Federal Reserve rate cut later this month. Shares in Japan fluctuated, as the yen stabilized after a rally this week, while those in Australia were little changed. Futures for US equities slipped after the S&P 500 ended Thursday lower. Pre-opening trading of Hong Kong securities was shut Friday due to Super Typhoon Yagi.

Travis Kelce could be a blatant PR stunt for mutually enhancing their public image. The document also involves an announcing of their breakup, supposedly set for September 28, 2024, suggests a Telegraph UK report.

BEIJING — China's wealthy are increasingly looking for ways to move capital outside the mainland to pursue business opportunities, rather than just chasing investment returns, according to asset managers and consultants.

A court in the Brazilian state of Rondonia has found two beef slaughterhouses guilty of buying cattle out of what is supposed to be a protected area in the Brazilian Amazon, which is illegal