Reports Financial News
29.08 / 07:20
markets
UPS
Provident
Target
performer
beautiful
reports
JM Financial raises Nykaa's target price to Rs 250 on growth prospects and profitability improvements
JM Financial has reiterated its 'Buy' rating on Nykaa and revised its target price to Rs 250, suggesting an upside potential of 15% from the previous day's closing price of Rs 217. The revision is driven by Nykaa’s robust performance in FY24 and its strategic positioning in key market segments. JM Financial states, “Nykaa’s strong performance in its FY24 Annual Report and its strategic positioning across key market segments provide a solid foundation for future growth.” The brokerage’s optimism is based on Nykaa's robust market share and its potential to benefit from rising consumer spending in the beauty and fashion segments.
29.08 / 07:09
security
Strategy
WhatsApp
country
reports
boating
India to commission its second nuclear submarine today; here's all you need to know about INS Arighat
Indian Navy is set to commission its second nuclear submarine, with the 112-metre-long INS Arihant to be launched out of Visakhapatnam on Thursday by Defence Minister Rajnath Singh. Top military officials are set to be present at the inaugration of the submarine, with the nuclear-powered machine set to join INS Arihant as part of the country's 'nuclear triad,' strengthening India's ability to fire nukes from the air, land and the sea. Armed with K-15 missiles — that are nuclear-tipped and have a range of 750 kilometres — the 6,000-tonne submarine became 'fully ready' earlier in August, following extensive trials and upgrades.
29.08 / 07:06
Strategy
pandemic
Refugees
country
2020
reports
Canada ends policy allowing visitor visa holders to apply for work permits from within the country
The policy was introduced in August 2020 to assist visitors in Canada who were unable to return home because of border closures related to the COVID-19 pandemic. Under the policy, they could apply for a work permit without having to leave Canada. Also, anyone who had held a work permit within the preceding 12 months but had changed their immigrations status to “visitor” became eligible to “work legally in Canada while waiting for a decision on their new work permit application.”
29.08 / 06:55
markets
BLOCK
Opinion
Experts
reports
recommendations
PB Fintech shares jump over 3% after Rs 1,610 crore block deal
PB Fintech, the parent company of Policybazaar, on Thursday, jumped 3.5% on BSE to its day’s high of Rs 1,796.55 after the company witnessed a likely stake sale of 2.1% equity at an estimated price of Rs 1,610 crore via a block deal. Reportedly, the seller in the transaction is Chinese multinational technology conglomerate Tencent. However, the official parties to the transaction are not currently known yet.
29.08 / 06:50
UPS
WhatsApp
Trade
show
reports
Tata Power shares up 0.19% as Nifty gains
Tata Power Company Ltd. rose 0.19 per cent to Rs 432.1 in Thursday's trade. It hit an intraday high of Rs 433.0 and low of Rs 427.5, respectively, during the day. The stock quoted a 52-week high price of Rs 470.85 and low of Rs 230.75.
29.08 / 06:37
Blockchain
Cooper
CEO
Telegram
community
reports
Features
TON Blockchain Back Online Following Second Outage
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
29.08 / 06:34
29.08 / 06:16
UPS
Provident
Target
FIVE
Booking
reports
PFC, REC shares up 3% after UBS initiates coverage on the 2 PSU stocks
REC rallied 2% to Rs 552.35 and 3% to Rs 636.15, respectively, as global brokerage UBS initiated coverage on the stocks, viewing them as key financiers for high-growth renewable power generation and infrastructure capex. UBS has given both stocks a buy rating, with a target price of Rs 670 for PFC and Rs 720 for REC.
29.08 / 06:13
markets
UPS
Enterprise
Trade
reports
Updates
Stock market update: Nifty Realty index falls 0.2% in an upbeat market
Brigade Enterprises Ltd.(up 2.25 per cent), Macrotech Developers Ltd.(up 1.46 per cent) and Prestige Estates Projects Ltd.(up 1.29 per cent) were among the top gainers.
29.08 / 06:04
29.08 / 05:32
29.08 / 05:26
markets
UPS
WhatsApp
Trade
reports
Updates
Stock market update: Nifty IT index advances 0.47% in an upbeat market
HCL Technologies Ltd.(up 1.07 per cent), Tata Consultancy Services Ltd.(up 0.89 per cent), Tech Mahindra Ltd.(up 0.72 per cent), L&T Technology Services Ltd.(up 0.53 per cent) and Wipro Ltd.(up 0.4 per cent) were among the top gainers.
29.08 / 05:02
29.08 / 04:37
markets
security
Tesla
NVIDIA
President
reports
Features
China's electric car race is becoming more about chip prowess as companies focus on tech
BEIJING — Chinese electric car companies that are already engaged in an intense price war are turning up the heat on another front: Chip-powered tech features such as the driver-assist function.
29.08 / 04:36
29.08 / 03:32
markets
UPS
Target
NVIDIA
Trade
reports
Nvidia fails to impress growth-hungry investors, shares fall
Nvidia's quarterly forecast on Wednesday failed to meet lofty expectations of investors who have driven a dizzying rally in its stock as they bet billions on the future of generative artificial intelligence. Shares of the chipmaker fell 6% in after-hours trading, weighing on shares of other chipmakers. The report has been seen as a day of reckoning for the tech sector and the results were treated as mixed, despite heady growth and profit.
29.08 / 02:51
CEO
Telegram
Platform
wellness
reports
Investigations
French authorities charge Telegram CEO Pavel Durov in probe into organized crime on app
Telegram boss Pavel Durov under formal investigation on Wednesday in a probe into organized crime on the messaging app, but granted the entrepreneur bail on condition he pays 5 million euros, reports twice a week to police and does not leave French territory. Paris prosecutor Laure Beccuau said in a statement the judge found there were grounds to formally investigate Durov on all the charges for which he was initially arrested four days ago. They include suspected complicity in running an online platform that allows illicit transactions, images of child sex abuse, drug trafficking and fraud, as well as the refusal to communicate information to authorities, money laundering and providing cryptographic services to criminals.
29.08 / 02:38
markets
CEO
NVIDIA
wellness
Broadcom
trends
reports
Nvidia's forecast dampens AI enthusiasm in other tech stocks
Nvidia and other technology heavyweights fell late on Wednesday, a discouraging sign for investors betting that a strong forecast from the dominant seller of AI chips would fuel fresh gains in Wall Street's most valuable companies. Nasdaq futures fell about 1% following Nvidia's quarterly earnings report, suggesting traders expect tech stocks to lose ground on Thursday.
29.08 / 02:31
markets
Entertainment
stage
stars
reports
Sporting
Reliance Industries and Walt Disney merger approved by Competition Commission of India
Competition Commission of India (CCI) has approved the merger between Reliance Industries-promoted Viacom18 and Walt Disney-owned Star India three months after they filed for it, paving the way for the creation of the country’s largest media and entertainment firm. The watchdog on Wednesday said the approval is subject to compliance with voluntary modifications to the merger scheme. A CCI order detailing these modifications will be released soon.
29.08 / 02:19
UPS
Election
President
War
reports
Interviews
Kamala Harris scared to do an interview on her own: Donald Trump's election campaign
Donald Trump's election campaign took a jibe at Vice-President Kamala Harris ahead of her first joint interview with Tim Walz, her running mate, and said that she is scared to interview on her own. Notably, Harris agreed to a joint interview with Walz, who is her running mate for the elections, The Hill reported. Harris and Minnesota Governor Walz will participate in their first joint interview with CNN on Thursday. CNN's Dana Bash will conduct the interview, which is set to air at 9 pm EDT. Sharing a post on X, the Trump War Room said, «It's no coincidence that Kamala's first interview is scheduled for the Thursday night before Labor Day weekend. They already hope it gets lost — and it hasn't even aired yet.»
29.08 / 02:04
UPS
Racing
security
President
show
reports
Trump faltering in his backyard? Harris may be winning North Carolina
Donald Trump is currently facing the heat in a state that was in July, being considered a sure-shot winning region for the former US President, when Joe Biden was still the candidate for the Democrats. According to the CooK Political Report, Joe Biden was nearly 7 points behind Trump when the reigning President simply dropped out of the poll race and endorsed Kamala Harris in his place instead.
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