Reports Financial News
31.07 / 12:11
markets
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electronic
reports
Stock market today: World stocks are higher, while oil prices jump $2 after Hamas leader was killed
Global stocks have advanced and oil prices jumped more than $2 a barrel after Hamas’s top political leader Ismail Haniyeh died in an air strike
31.07 / 12:04
security
Luno
country
reports
Courts
Interviews
Crypto Exchange Luno Launches Solana Staking in Malaysia: Interview
Luno, a crypto exchange licensed by the Securities Commission Malaysia, is launching its third crypto staking, this time, for Solana. Scarlett Chai, Luno’s country manager, noted that the exchange has already released the teaser of the launch.
31.07 / 12:04
markets
UPS
security
Trade
show
reports
20% levy on short-term capital gains has given young F&O traders a tax incentive
NEW DELHI : Ahead of the Union Budget 2024-25, rumours were rife that tax on futures and options (F&O) would be increased to curb the increasing retail participation in the derivatives market. But while the Centre didn't touch F&O, barring a nominal increase in securities transaction tax (STT), it increased tax on short- and long-term capital gains made from equity mutual funds or stocks (infrequent trades treated as capital assets). While the tax on short-term capital gains (STCG) was increased to 20% from 15%, the same on long-term capital gains (LTCG) was hiked to 12.5% from 10%.
31.07 / 11:43
COST
CEO
show
reports
Scandals
St James's Place CEO outlines bid to recoup fee scandal costs from partners
The business' CEO and chief financial officer (CFO) stopped short of outlining just how much partner firms will be expected to contribute. However, SJP CEO Mark FitzPatrick shared that those firms that could show evidence trails would not be expected to pay in. SJP has set aside £430.6m related to the service issues, according to its latest earnings report. As of its full-year earnings, released in February, it had anticipated a £426m potential cost. Partner contributions will be sought dependent on «underlying evidence», FitzPatrick told investors on SJP's H1 2024 earnings call this ...
31.07 / 11:41
Action
Lexus
reports
testing
Investigations
International
Sporting
Japan's top automaker Toyota acknowledges more certification cheating and apologizes
Toyota has reported more cases of cheating on certification tests for new models required by the Japanese government, on top of others acknowledged earlier
31.07 / 10:33
COST
UPS
Citi
Fox
wellness
reports
Department
Inflation in the US is highest and lowest in these cities
O'Leary Ventures Chairman Kevin O'Leary reacts to the Biden administration’s latest claim that corporations are the cause of sky-high inflation on 'Varney & Co.'
31.07 / 10:30
Provident
Waters
Death
information
reports
Department
Courts
Coaching centre deaths: Report sought on third-party audit of drain desilting; payments frozen
Delhi Chief Secretary Naresh Kumar has directed all the departments concerned not to make payments to contractors engaged for desilting of drains unless a third-party audit of such wok is completed. The move has come in the wake of the tragic deaths of three civil services aspirants after water from a flooded drain gushed into the library of the basement of Rau's IAS Study Circle in Old Rajinder Nagar on Saturday.
31.07 / 10:30
UPS
Provident
security
information
reports
Applying for UAE Green Visa? All you need to know about sponsorship, validity, eligibility and more
self-employed people and skilled employees are eligible to apply for a Green Visa.Freelancers and self-employed people who wish to apply for a Green Visa will be required to submit a freelance/self-employment permit from the Ministry of Human Resources and Emiratisation.Apart from an employment permit, proof of a bachelor’s degree or a specialised diploma will be required, along with evidence of annual income from self-employment for the previous two years amounting to not less than AED 360,000 or proof of financial solvency throughout their stay in the UAE.The skilled employees will be required to submit a valid employment contract. They must be classified in the first, second or third occupational level, according to the Ministry of Human Resources and Emiratisation.The first occupational level consists of legislators, managers, and business executives.
31.07 / 10:29
UPS
reports
recommendations
evacuation
Schools
Updates
Warned Kerala seven days before the Wayanad landslides, reveals Amit Shah in Rajya Sabha
Kerala government was warned seven days ahead of the tragic landslide which claimed more than 150 lives. Speaking about the early warning system in Rajya Sabha, Union Home Minister said that Government of India had alerted the government of Kerala seven days before the incident, and then on July 24 and 25 too early warning was given.
31.07 / 10:20
Provident
Target
Platform
security
Strategy
reports
Profiles
ICICI Securities initiates coverage on Awfis Space Solutions, sees 11% upside potential
ICICI Securities initiated coverage on Awfis Space Solutions (Awfis) with a target price of Rs 757 seeing it ride on a strong recovery in Indian office leasing over the last 12 months. Awfis has a unique business model. While the company does not act as a land aggregator or landlord of office space, it focuses on providing services to its clients on the demand side and also partners with space owners/landlords on the supply side.
31.07 / 09:31
COST
UPS
FIVE
Indus
reports
Indus Towers announces Rs 2,700 crore share buyback. Check record date
Indus Towers announced a share buyback via a tender offer on Tuesday while reporting its quarterly results for the first quarter of FY25. The company plans to repurchase approximately 5.68 crore shares at Rs 465 per share, totaling up to Rs 2,640 crore. The buyback price offers a 4% premium over the stock’s closing price on Tuesday, July 30.
31.07 / 09:27
markets
COST
Manufacturing
Trade
War
country
reports
Made-in-India fights a battle of tags on American, European shelves
supply chains after the pandemic and due to geopolitical reasons has given India a chance to make in India for the world. It's not just China. Other Asian countries such as Vietnam and Bangladesh are also formidable incumbents. Traditionally, other Asian countries have had an edge over India due to various reasons such as cheaper labour, less rigid labour market and free trade agreements. But now India too is becoming an attractive source of goods for Western countries.
31.07 / 07:57
markets
UPS
security
trends
Trade
reports
Share price of Marico falls as Nifty strengthens
Marico Ltd. slipped 1.17 per cent to Rs 673.0 in Wednesday's trade as of 01:08PM (IST). The stock hit a high price of Rs 683.6 and low of Rs 670.8 during the session. The return on equity (ROE) for the stock stood at 38.64 per cent. Traded volume on the counter stood at 01:08PM shares and turnover at Rs 2.1 crore around that time. The stock of Marico Ltd. quoted a 52-week high price of Rs 690.95 and 52-week low prices of Rs 486.75, respectively.
31.07 / 07:51
markets
UPS
Adventure
wellness
Trade
reports
rights
Markets ought to be going down but continue to rise. Dinshaw Irani explains why
Dinshaw Irani, CEO, Helios Mutual Fund, says they have not been very adventurous in their shopping list and instead been fairly cautious. They have moved away from midcaps to a larger extent as they believe that midcaps are fairly overpriced. Helios is okay with the largecaps though given that they are still at a PE of some 21-odd forward earnings which is fairly reasonable given the kind of growth seen in the largecaps. In the smallcap space also, they are being cautious. What is your market view? We can endlessly argue that markets should go down, but the fact is they are up. What does that indicate? Dinshaw Irani: Look at what the earnings are doing. If you look from March quarter onwards, there has been roughly around a 5% cut in earnings on the Nifty or the indices as such, roughly 5% across both the broader indices and the narrow indices. And what has the market done? It has gone up 11%. Even this quarter I think roughly around 28 odd companies have reported in Nifty and the earnings growth is 3%.
31.07 / 07:12
Citi
IPO
Aware
Platform
reports
Schools
International
IPO-bound FirstCry reports 15% jump in FY24 revenue to Rs 6,481 crore, losses down 34%
IPO-bound baby and mother care products retailer FirstCry reported a 15% growth in operating revenue at Rs 6,481 crore in FY24, while it reduced losses by 34% to Rs 321 crore during the same period, per regulatory filings sourced through business intelligence platform Tofler.
31.07 / 07:10
COST
FIVE
security
Bottomline
performer
reports
Tata Steel Q1 results today: Here's what to expect from the steel major
Tata Steel is likely to see robust growth in profitability in the first quarter ended June 2024, but the bottomline may decline. Net profit for the June quarter may increase anywhere between 57-209% year-on-year, according to estimates from five brokerages.
31.07 / 07:07
UPS
Google
security
Photos
reports
Features
Meta agrees to $1.4B settlement with Texas in privacy lawsuit over facial recognition
Officials say Meta has agreed to a $1.4 billion settlement with Texas in a privacy lawsuit over allegations that the tech giant used biometric data of users without their permission
31.07 / 05:03
markets
UPS
Aviat
Airlines
Remark
reports
Surrogate advertising can be stopped more easily than it seems
One remarkable aspect of Kingfisher having gone out of business as an airline is the fact that we can still be invited to “get high" on Kingfisher. While it refers to a colourful bird, the carrier took its name from a popular brand of beer marketed by the same UB Group. Until it folded up, this group’s aviation play was clearly a business in its own right.
31.07 / 04:24
UPS
FIVE
security
Healthcare
Bottomline
reports
Q1 results today: Maruti, M&M among 115 companies to announce earnings on Wednesday
Maruti, M&M, Coal India, Adani Power, Tata Steel, Ambuja and Bank of Baroda. Apart from the above, companies like Aster DM Healthcare, Barbeque Nation, Deccan Healthcare, Dynamic Cables, IIFL Securities, Mankind Pharma, The Phoenix Mills, Thomas Cook, ZEE among others will also declare their first quarter results.
31.07 / 04:21
31.07 / 04:12
Waters
Death
hospital
reports
isolate
Department
Kerala landslides: Death toll rises to 151, search on for missing
Kerala state, with at least 151 people dead and many still missing.
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