Reports Financial News

17.06 / 19:53
markets UPS Target Mobile country reports Vi dials lenders for Rs 23,000 cr term loans, seeks Rs 10,000 cr in bank guarantees
Vodafone Idea (Vi) has proposed borrowing Rs 23,000 crore from banks in term loans — and sought another Rs 10,000 crore in bank guarantees — as the country's third-largest telco looks to line up the capital expenditure necessary to compete effectively with bigger rivals Reliance Jio and Airtel in a telecom market that had once threatened to slip into a duopoly. The Vodafone Plc and Aditya Birla Group joint venture, which recently satisfied long-pending demands from the lenders to commit more equity to the business, submitted the term loan proposal at a meeting of a State Bank of India (SBI)-led banking consortium a few days ago, people familiar with the matter said. The loans sought are part of the targeted Rs 55,000-crore ($6.6 billion) capex funding Vi needs to boost 4G coverage and kickstart greenfield 5G rollouts in key markets. In its presentation to lenders, Vi said it needs the money to upgrade its mobile broadband network infrastructure in its 17 priority markets. Techno-economic viability report:
17.06 / 19:29
UPS Target FIVE Waters Moodys reports India likely to add 30-35 GW renewable capacity in FY25
renewable energy capacity in the ongoing financial year, higher than last fiscal's addition of 18.4 GW, two senior government officials told ET. Renewable energy sources contributed 71% to the 26 GW of power generation capacity that India added in FY24, according to the Council on Energy, Environment and Water. Nodal agencies with auction responsibility are likely to bid out 50 GW of renewable energy capacity in the ongoing FY25, as is the decided trajectory for each of the five years starting FY24. In the last fiscal year, the agencies auctioned around 51 GW of such capacity, according to one of the officials.
17.06 / 19:29
Career Southern President Universities track pop reports 'Michelle told girls to stay away from politics': Barack Obama makes surprising revelation
Barack Obama and wife Michelle Obama have always been very discreet when it comes to their children, Malia and Sasha Obama. Both, have however, not followed the generic political track yet, and even though it is too early to say whether they would give themselves a shot at politics, the question always keeps popping in the minds of the Obama fans.
17.06 / 17:25
markets Analysis trends track country voice reports Ritholtz Wealth taps Callie Cox for inaugural C-suite role
Ritholtz Wealth Management, the prominent RIA serving institutional and high-net-worth investors across the country, is bringing on a veteran reporter and investment analyst to a newly created C-suite role.
17.06 / 17:23
Target Remark performer reports rights cricket 'There's no unity in Pakistan's team': Head coach Gary Kirsten lashes out after dismal performance in T20 World Cup
ALSO READ: Captain Babar Azam on Pakistan's T20 World Cup 2024 exit, 'cannot play in every player's place, there are 11 players...According to a report by news agency PTI, which quoted Pakistani media outlets, Kristen didn't mince his words while asserting the team's shortcomings after being disqualified from the T20 World Cup.His remarks pointed out that the Pakistan cricket team should address the apparent lack of cohesion and unity within their ranks."There's no unity in Pakistan's team. They call it a team, but it isn't a team.
17.06 / 17:23
Mobile Election President electronic reports rowing EVM Row: Shinde Sena minister slams ‘still very young’ Aaditya Thackeray amid blame-game over Mumbai Lok Sabha seat
Mumbai North West Lok Sabha constituency, a tight contest unfolded between both Shiv Sena factions. Ravindra Waikar of Eknath Sinde's Shiv Sena narrowly defeated Amol Kirtikar of Uddhav Thackeray's Shiv Sena (UBT) by a margin of only 48 votes.Aaditya Thackeray weighed in on the ongoing row over Electronic Voting Machine (EVM) tampering after the Lok Sabha Elections 2024 results were declared.Later, Shiv Sena leader Deepak Kesarkar accused Thackeray of creating confusion and claimed that the Shiv Sena (UBT) is not in a condition to 'face the public' in the Maharashtra Assembly Elections, likely to be held later this year.“Aaditya Thackeray is still very young.
17.06 / 16:25
Platform Align social information reports Features Sporting Samsung Galaxy Unpacked Event date tipped: Galaxy Z Fold 6, Flip 6 and all we expect
Blass, who shared details on social media platform X, official promotional material for the event was leaked. Although the original post was taken down due to copyright issues, a report by Tech Radar highlighted that the leaked image revealed the event's confirmed date and time.
17.06 / 16:25
Racing Apple Rhythm hospital information reports symptoms Apple Watch saves another life: Firefighter aided by timely heart condition alert
Apple Watch that advised him to seek medical attention.According to a report by Canada Global News, Chalmers's Apple Watch initially detected atrial fibrillation (AFib), a condition characterized by an irregular and often rapid heart rate that can increase the risk of stroke and heart failure. Despite trying to rest, his heart rate continued to be irregular. Continuous alerts from his watch prompted Chalmers to visit the hospital."About half an hour later, I was lying down with my daughter, and my heart was still racing.
17.06 / 16:05
Provident security country information reports Schools Germany needs 4 lakh trained personnel, great opportunity for Maharashtra youth: Minister Kesarkar
Maharashtra minister Deepak Kesarkar on Monday said Germany needs four lakh trained personnel, including 10,000 in the first batch, which could provide a great opportunity to the youth of the state. Addressing reporters, the minister of school education said, «I have recently returned from Germany with encouraging news for Maharashtra's youth. That country has requested nearly four lakh trained youths, which presents a significant employment opportunity for all of us. Germany has specifically requested 10,000 trained youths in the first batch.» «There are approximately seven lakh trained youths in Maharashtra. If youth from the state secure some of these jobs, it will greatly benefit them and their families. Once the decision is approved by the state cabinet, I will be able to reveal more details,» Kesarkar added.
17.06 / 16:05
COST Provident WhatsApp Highways reports travelers NHAI to begin work on Rs 4,000-crore Chattergala tunnel in J-K at earliest: Nitin Gadkari
NHAI will begin work on the Rs 4,000-crore Chattergala tunnel in Jammu and Kashmir at the earliest, Union Minister of Road Transport and Highways Nitin Gadkari said on Monday. Gadkari on Monday chaired a review meeting that was also attended by Union Minister of State in the Prime Minister's Office (PMO) Jitendra Singh. «The prestigious Chhatergala tunnel work, costing about Rs 4,000 crore, will be executed by the National Highways Authority of India (NHAI) and the underpasses on the Kathua express corridor section, wherever demanded by the public, will be undertaken at the earliest,» an official spokesperson said after the review meeting. During the meeting, Singh thanked Gadkari for accepting most of the suggestions and proposals put across by him.
17.06 / 15:51
Action Airlines Trade stage consequences reports International audit Air India Express completes IATA's operational safety audit
Air India Express announced on Monday that it had completed Operational Safety Audit (IOSA) by the International Air Transportation Authority (IATA), the trade association of airlines worldwide. Improving airline operational safety and enhancing efficiency are the two key elements of the IOSA registration. The audit looks at corporate organization and management, flight operations, operational control and flight dispatch among other key areas. '’We are proud to announce our successful completion of the IATA Operational Safety Audit (IOSA). The IOSA is a rigorous evaluation process, and achieving this distinction reinforces our commitment to upholding the highest international standards across all aspects of our operations," said Aloke Singh, Managing Director, Air India Express.
17.06 / 15:51
MET Pride country reports peace Violation of Pakistan's territorial sovereignty to be met with swift response: Army chief Asim Munir
Army chief General Asim Munir on Monday warned that any provocation or violation of the country's territorial sovereignty would be met with a «swift and resolute response.» Gen Munir, who visited the Line of Actual Control, offered Eid prayers with officers and soldiers on the occasion of Eid ul-Azha, The Express Tribune newspaper reported. Addressing the troops, he said, «Pakistan has always supported peace and stability in the region; however, any provocation or violation of Pakistan's territorial sovereignty will be met with a swift and resolute response, with the full support of the nation, InshaAllah.» «As soldiers, we take pride in celebrating such festivities away from our homes and loved ones while on duty, ensuring the security of our country and fellow citizens,» he said.
17.06 / 15:51
Align Remark WhatsApp reports Equality VK Sasikala already 'given exit,' no scope for entry again: AIADMK
AIADMK leader D Jayakumar on Monday said VK Sasikala, confidante of late party matriarch J Jayalalithaa has already been 'given exit' and ruled out the scope for her re-entry. Jayakumar, a former state minister, dismissed her accusation of caste politics against the party as 'cheap propaganda' and said it will not have any impact. Speaking to reporters, Jayakumar, when asked about Sasikala's assertion, recalled her taking a stand in 2021 of 'staying away from politics.' Also, he recalled her expulsion, along with her relatives from the party in 2011 when Jayalalithaa was the party chief. About a decade ago, only Sasikala (not her relatives) was readmitted into the party by Jayalalithaa after she tendered a letter of regret. «What did she say in 2021? she said she will stay away from politics.»
17.06 / 14:55
Art Fighting Netflix WhatsApp Boxing reports Sporting Has Mike Tyson threatened Jake Paul after Netflix live-boxing event got postponed?
super fight for November, Jake Paul forwarded a message from Mike Tyson to his team members. The purported message from Tyson dared Paul for the November 15 boxing fight which will be aired live on Netflix. The boxing world was quite surprised in mid-March when Jake Paul and Mike Tyson announced they were going to face off in July in Dallas, Texas. The fight has been rescheduled for November, and it will now be Netflix's first live sports event, as reported by Dexerto.
17.06 / 14:55
security Election President country reports Schools Who is going to be Trump's vice-presidential choice; here's what he has to say
Trump who is also the presidential nominee of the Republican party in the upcoming US presidential election has said that he has decided on his running mate who will contest the vice-presidential elections. He added that he shall be announcing the name of the candidate in the Republican Party convention in July. Analysts opine that he will have to pick a candidate who can help his campaign consolidate votes from the minority voters, suburban woman and young voters who appear to be moving away from supporting the Democrats. There are several considerations for Trump to pick his vice-presidential candidate.
17.06 / 14:55
Waves WhatsApp wellness Digi country reports International Delhi Airport faces power outage
Delhi Airport briefly experienced a power outage on Monday, impacting the boarding and check-in facilities as well as the functioning of Digi Yatra. The power was restored, and no flights were affected, the airport said in a statement. However, the power outage affected baggage collection and entry at the e-gates.
17.06 / 14:45
markets UPS Digital economy Dover reports Franklin Templeton investment professionals more optimistic than at start of 2024
The downbeat tone of the start of 2024 has been replaced with an altogether cheerier tune, according to a new report from Franklin Templeton.
17.06 / 14:45
UPS Provident Career Platform innovations reports Multigenerational Merrill Lynch trio joins LPL in California
LPL is broadening its reach in the Southwestern US as it welcomes a multigenerational family of breakaway advisors in California.
17.06 / 14:32
markets UPS Provident Target Mobile wellness reports After slipping into the red, can Mahindra Logistics execute a U turn?
Mahindra Logistics Ltd (MLL), a 3PL provider, was one of the beneficiaries of the logistics boom. Between 2020-21 and 2023-24, the Mahindra group company’s revenue rose from ₹3,264 crore to ₹5,506 crore. With the outlook for the sector looking very positive, the Mumbai-based firm, which services around 19,000 pincodes, set a new milestone for itself: to become a ₹10,000 crore logistics services provider by 2025-26.
17.06 / 14:07
UPS Target economy 2020 reports Modi 3.0 Budget 2024 Expectations: What are Finance Minister Nirmala Sitharaman's plans for taxpayers?
With the dawn of Modi 3.0, all eyes are eagerly set on the upcoming Union Budget of 2024, slated for presentation in July. Anticipation runs high among industries, farmers, taxpayers, and the middle class alike, as they await potential boosts and tax reliefs from Finance Minister Nirmala Sitharaman. 
17.06 / 13:41
BLOCK economy Kroger Food Trade reports Department This Week: Existing home sales, retail data for May and Kroger's first-quarter results
The Commerce Department on Tuesday reports retail sales data for May; grocery store giant Kroger reports its first-quarter results on Thursday, and on Friday the National Association of Realtors releases its monthly snapshot of existing U.S. home sales

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