Reports Financial News
12.06 / 02:59
UPS
Apple
reports
Features
Nasdaq, S&P 500 rise with Apple; investors await inflation report, Fed decision
Nasdaq ended higher on Tuesday, helped by sharp gains in shares of Apple, while investors also awaited consumer prices data and a policy announcement from the Federal Reserve. Apple shares jumped to a record and gave the S&P 500 and Nasdaq their biggest boosts after the stock declined in the previous session.
12.06 / 02:53
UPS
CEO
Entertainment
film
audience
reports
Paramount Global owner calls off merger talks with Skydance Media
National Amusements, which owns a majority voting stake in the embattled entertainment giant Paramount Global, says it has ended talks on a possible merger of Paramount with movie production company Skydance Media
12.06 / 02:39
markets
UPS
Airlines
wellness
reports
Schools
International
Premiumisation & long haul two best bets for IndiGo: Jinesh Joshi
"Indigo's current international ASKM share is anywhere between 25% to 30% and with this new Airbus order, which they placed some time back, the plans are to kind of expand their wings internationally as well," says Jinesh Joshi, Prabhudas Lilladher. I would not ask you which is your favourite airline. But I would definitely tell you that I was pretty intrigued to see the latest announcement from IndiGo saying that now they are working on kind of ensuring the wanderlust of citizens, especially the Gen Z is taken care of in the form of affordable long haul. They have already announced a kind of a business class as well. So, this is a transformation of the business model which is happening. I am not even going in the direction of big orders which they have placed. So, this transformation, as they move slightly higher, affordable long haul, longer routes overseas which was up till now completely captured by overseas airlines and even business class, will it improve their yields meaningfully in the years to come? Definitely they are taking baby steps towards premiumisation.
12.06 / 02:39
markets
UPS
Food
Trade
country
reports
rights
Power sector may report solid growth in next 4-5 years: Manish Sonthalia
«If things go as is being projected minus the competition scare, the very recent competition scare coming in that they are going to disrupt business for Zomato as a whole, I would believe that profit numbers are going to surprise in 2026,» says Manish Sonthalia, CIO, Emkay Investment. You bought into Zomato, but Zomato now has a market cap of 2 lakh crore, almost 2 lakh crore, that makes it in the top 50 companies in terms of market cap. What is the right way to look at a company like Zomato now from the valuation lens because survival has happened, turnaround has happened, growth has happened, acquisition has happened, now it is back to brass tacks, which is let us value this business which is a high growth business based on either cash flow or on other multiples? If things go as is being projected minus the competition scare, the very recent competition scare coming in that they are going to disrupt business for Zomato as a whole, I would believe that profit numbers are going to surprise in 2026.
12.06 / 02:39
markets
UPS
country
information
reports
travelers
Oil prices edge up on optimistic demand outlook
Oil prices ticked higher on Wednesday on upbeat global demand views from the U.S. Energy Information Administration and OPEC. Brent crude futures rose 11 cents, or 0.1%, to $82.04 a barrel at 0016 GMT, while U.S. West Texas Intermediate (WTI) crude futures gained 18 cents, or 0.2%, to settle at $78.10.
12.06 / 01:43
markets
UPS
CEO
Trade
social
reports
Cognizant's ambitious acquisition of Belcan raises questions
Also Read: Cognizant to acquire ER&D services firm Belcan for $1.3 billion Surprisingly, there is a lack of clarity on some of the most elementary aspects of this acquisition. In an investor presentation, Cognizant said Belcan employed 6,500 people. Further, the presentation stated that Belcan had posted an 8% compounded annual growth over the last two years.
12.06 / 01:43
Manufacturing
economy
Trade
reports
Mint Quick Edit | Is the rupee’s new low okay?
The Indian rupee hit a record closing low of 83.5650 against the US dollar on Tuesday. That most of its Asian peers also weakened against a rising greenback would offer strong-rupee advocates some consolation, but not much.
12.06 / 01:14
Virus
hospital
information
reports
patient
infection
symptoms
WHO confirms human case of bird flu in India, second human infection of H9N2 since 2019
bird flu caused by the H9N2 virus was detected in a four-year-old child in the eastern Indian state of West Bengal.
12.06 / 01:14
12.06 / 01:14
11.06 / 23:57
security
Bank
reports
prevention
Investigations
South Korean Bank Employee ‘Stole $7.3 Million’ to Spend on Crypto
A worker at the South Korean bank Woori has admitted to stealing some $7.3 million worth of company funds to spend on crypto investments.
11.06 / 23:35
cover
consequences
reports
testing
Profiles
NOT
OSFI sees mortgage stress test ‘imbalance’ at renewal but rules not changing yet
Canada’s banking regulator conceded to members of Parliament that there’s an “imbalance” in how the mortgage stress test is applied for some homeowners renewing their terms, but stood by the practice.
11.06 / 21:25
Progressive
Bill
President
information
reports
patient
prevention
Biden administration seeks to wipe consumer medical debt off most credit reports with proposed rule
The Biden administration is pushing to prevent medical debt from being considered in most decisions made over whether someone qualifies to rent an apartment, buy a car or take on a mortgage
11.06 / 21:23
11.06 / 20:17
security
WhatsApp
Mercantile
reports
Courts
rights
Rare ARC bids for SBI's claims on Reliance naval loan guarantees
State Bank of India's claims arising from the personal guarantees issued by Nikhil Gandhi and Bhavesh Gandhi, the promoters of SKIL Infrastructure.
11.06 / 20:17
Provident
Manufacturing
Matrix
Viatris
performer
reports
Pharmaceuticals
Kotak Alt funds Matrix founder's buyout of Viatris API business
Matrix Laboratories founder Nimmagadda Prasad's acquisition of the active pharmaceutical ingredient (API) business of Viatris.
11.06 / 20:17
Provident
Williams
Waters
Experts
Juniper
track
reports
Wreckage of plane disappeared in 1971 found? The search operations, probe and the truth
private plane that vanished on a snowy night in Vermont in Lake Champlain. The jet vanished after leaving Burlington Airport for Providence, Rhode Island, in 1971. It had two crew members and three employees of Cousin’s Properties, an Atlanta company working in Burlington.
11.06 / 20:17
Digital
SUN
Entertainment
ICE
Research
show
reports
What caused Ice Age on Earth? New research unravels mystery of cosmic cloud. Details here
Pleistocene Epoch, known for its glaciers, wooly mammoths, and Neanderthals, ended just 12,000 years ago. Researchers now think that this cold period might have been caused by a space cloud blocking the Sun's warmth. As per the reports of 'Yahoo Entertainment', the researchers proposed that an interstellar cloud impacted the solar system about two million years ago. Earth and the other planets were forced to move outside the heliosphere—the Sun's shield of charged particles. Nature Astronomy published this study.
11.06 / 17:39
Racing
Remark
Election
President
information
reports
Fissures in MVA over MLC polls? Congress asks Uddhav to withdraw 2 nominees from race
Congress on Tuesday expressed displeasure over Uddhav Thackeray 'unilaterally' announcing Shiv Sena (UBT) candidates for the upcoming Legislative Council elections in the Konkan Graduates and Nashik Teachers' constituencies, demanding their withdrawal from the race. Maharashtra Congress president Nana Patole claimed he had attempted to contact Thackeray when the candidates were announced, but the Shiv Sena (UBT) chief was abroad.
11.06 / 17:33
UPS
Charity
Food
reports
shock
donates
Michigan couple, attorney announced as winners of $842.4 million Powerball jackpot
A mid-Michigan couple and a lawyer from the west side of the state have been announced as winners of an $842.4 million Powerball lottery jackpot from a ticket purchased on New Year’s Day
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