Reports Financial News
22.08 / 05:09
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reports
Share price of Varun Beverages rises as Nifty strengthens
Varun Beverages Ltd. gained 3.26 per cent to Rs 1595.05 in Thursday's trade as of 09:59AM (IST). The stock hit a high price of Rs 1596.0 and low of Rs 1553.4 during the session. The return on equity (ROE) for the stock stood at 29.64 per cent. Traded volume on the counter stood at 09:59AM shares and turnover at Rs 5.81 crore around that time. The stock of Varun Beverages Ltd. quoted a 52-week high price of Rs 1707.1 and 52-week low prices of Rs 828.2, respectively.
22.08 / 05:04
markets
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Target
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Trade
reports
Buy Zomato, target price Rs 300: Motilal Oswal
Zomato Ltd. with a target price of Rs 300. The current market price of Zomato Ltd. is Rs 265.7. Zomato Ltd., incorporated in the year 2010, is a Small Cap company (having a market cap of Rs 229528.10 Crore) operating in Services sector.
22.08 / 05:03
social
hospital
reports
Department
Courts
Colleges
Investigations
Health dept cancels Sandip Ghosh's appointment as principal of National Medical College & Hospital; RG Kar Hospital gets new head
Professor Manas Kumar Bandopadhyay has been appointed the principal of RG Kar Medical College and Hospital in Kolkata. This development comes a week after Prof Suhrita Paul was appointed to the post. Paul has been appointed the principal of Barasat Government Medical College and Hospital, as per a notification issued by the West Bengal Health Department. Earlier, the Health Department cancelled the appointment of Prof Sandip Ghosh as the Principal of National Medical College & Hospital following the Calcutta High Court directive. Ghosh was the former principal of RG Kar Medical College and Hospital.
22.08 / 04:52
22.08 / 04:25
markets
UPS
Target
security
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reports
Buy Varun Beverages, target price Rs 1800: Axis Securities
Varun Beverages with a target price of Rs 1800. The current market price of Varun Beverages Ltd. is Rs 1544.55. Varun Beverages Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 200906.48 Crore) operating in FMCG sector.
22.08 / 04:25
markets
UPS
economy
Trade
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reports
Oil prices slow sell-off as expectations of Fed rate cut grow
crude oil paused on Thursday after expectations of a rate cut by the Federal Reserve offset a bunch of weak economic data from the world's two largest economies, the United States and China. Brent crude futures were 3 cents up to $76.08 a barrel. U.S. West Texas Intermediate crude futures fell 5 cents to trade at $71.88 at 0036 GMT. Both contracts lost over $1, or more than 1%, in the previous session.
22.08 / 04:08
markets
UPS
Target
security
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reports
Buy Jyothy Labs, target price Rs 600: Axis Securities
Jyothy Labs with a target price of Rs 600. The current market price of Jyothy Labs Ltd. is Rs 568.7. Jyothy Labs Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 20772.99 Crore) operating in FMCG sector.
22.08 / 04:07
security
BAY
hospital
information
reports
isolate
evacuation
Full emergency declared at Trivandrum airport after Air India flight from Mumbai receives bomb threat
The flight was put in isolation bay while the passengers are being evacuated, reported agency further. There were 135 passengers onboard, sources told PTI, adding details on the origin of the threat and other information are awaited.
22.08 / 04:03
markets
UPS
Target
security
WhatsApp
reports
Buy DOMS Industries, target price Rs 2620: Axis Securities
DOMS Industries with a target price of Rs 2620. The current market price of DOMS Industries Ltd. is Rs 2430.35. DOMS Industries Ltd., incorporated in the year 2006, is a Small Cap company (having a market cap of Rs 14608.63 Crore) operating in Paper sector.
22.08 / 03:13
Entertainment
Enterprise
wellness
stars
reports
rights
cricket
Star's mega-bet on cricket went awry. Now it wants to rework the deal
T20 World Cup, two people familiar with the matter said. Sydney Morning Herald was the first to report that Star has pressed for a renegotiation. India lifted the ICC Men’s T20 World Cup, which was held in the US and the West Indies to promote cricket in newer geographies; however, many advertisers skipped the event since fewer Indians were likely to watch these matches due to inconvenient timings, in a setback for Star.
22.08 / 02:39
Target
Waters
Trade
War
reports
travelers
Greek oil tanker drifting and ablaze after repeated attacks in the Red Sea, British military says
A Greek-flagged oil tanker traveling through the Red Sea has come under repeated attack, leaving the vessel “not under command” and drifting ablaze in an assault suspected to have been carried out by Yemen’s Houthi rebels
22.08 / 02:31
markets
COST
Action
show
reports
Department
Updates
Fed steaming toward September rate cut, minutes from meeting show
Federal Reserve appears to be very much on track for an interest rate cut in September after a «vast majority» of officials said such an action was likely, according to the minutes of the U.S. central bank's July 30-31 meeting. The minutes, which were released on Wednesday, even showed some policymakers would have been willing to reduce borrowing costs at last month's gathering.
22.08 / 02:31
markets
Target
MET
economy
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reports
Most Fed officials favour a rate cut in September if inflation continues to cool
benchmark interest rate at their next meeting in September as long as inflation continued to cool. The minutes of the Fed's July 30-31 meeting, released Wednesday, said the «vast majority» of policymakers «observed that, if the data continued to come in about as expected, it would likely be appropriate to ease policy at the next meeting.»
22.08 / 02:23
Binance
Action
security
Universities
reports
Schools
International
Jimmy Butler, BitBoy Crypto Agree to Pay $340,000 in Binance Investor Case
Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...
22.08 / 02:04
markets
FIVE
security
WhatsApp
reports
Sebi board likely to have new faces as Anshuman, Govil exit
regulator, the Securities and Exchange Board of India (Sebi) will have a new look as two members exit after the end of their respective terms to make way for two incoming candidates. The Sebi chief, while also a full-time member of the board, reports to it. IIM Bangalore professor V Ravi Anshuman and bureaucrat Manoj Govil, who joined the board in 2019 and 2022, respectively, are exiting. The former's five-year tenure with the regulator has ended and the latter's role is being reassigned from corporate affairs secretary to expenditure secretary at the Centre.
22.08 / 02:02
markets
COST
UPS
Trade
reports
gatherings
Dollar doldrums deepen on dovish Fed tone before Jackson Hole
dollar traded near the lowest in more than a year against the euro and sterling on Thursday as a dovish Federal Reserve and fresh signs of weakness in the U.S. job market backed the case for interest rate cuts. The dollar sagged below the closely watched 145 yen mark as U.S. Treasury yields slid, ahead of weekly jobless claims data later in the day and a hotly anticipated speech by Fed Chair Jerome Powell at the central bank's annual Jackson Hole symposium on Friday.
22.08 / 01:57
markets
Election
Trade
President
reports
Department
rights
Wall St ends higher as Fed minutes, jobs data firm rate-cut hopes
stocks inched higher on Wednesday amid range-bound trading after investors parsed a steep downward revision in payrolls, and the release of the minutes from the most recent meeting of the Federal Reserve, which cemented expectations for a September rate cut. All three major U.S. stock indexes closed modestly higher.
22.08 / 01:55
Manufacturing
Death
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country
reports
recommendations
Pharmaceuticals
Drugs licence approval only if you show good manufacturing practices: DCGI
New Delhi: The Drugs Controller General of India (DCGI) is considering issuing and renewing licences only to those pharmaceutical firms that can prove they follow good manufacturing practices. The move—the first such—assumes significance given the growing size of the Indian pharmaceutical industry, currently at $65 billion, and the crisis of confidence faced by it. Good Manufacturing Practices, or GMP, prescribed in Schedule M of the Drugs and Cosmetics Rules, 1945, set the standards for pharma companies on the quality of raw materials, methods, machines, processes, personnel, facility and environment, among other things.
22.08 / 01:29
markets
DOW
Trade
performer
reports
US stock market Wednesday: S&P 500, Dow Jones, Nasdaq end higher, Ford, Walmart stocks gain
Wall Street on Wednesday witnessed range-bound trading after investors parsed a steep downward revision in payrolls, and the release of the minutes from the most recent meeting of the Federal Reserve, which cemented expectations for a September rate cut.
22.08 / 00:22
Mobile
economy
Research
show
country
social
reports
Piyush Goyal flays Amazon, unchecked ecomm
Goyal on Wednesday alleged that Amazon's proposed $1-billion investment in India is to compensate for its huge loss that «smells of predatory pricing,» and of no great service to the economy. He also questioned the impact of ecommerce on crores of small retailers. «Are we going to cause huge social disruption with this massive growth of ecommerce?» «I don't see it as a matter of pride. It's a matter of concern,» Goyal said.
22.08 / 00:03
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