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14.05 / 13:33
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2020
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Tilaknagar Industries: This liquor stock gained over 1000% in 5 years; should you invest now?
₹317. This target indicates a potential upside of 41% from the stock's closing price today, which stood at ₹224.90. The company's shares rewarded their shareholders handsomely in recent years as they maintained continued upward trajectory.
14.05 / 13:33
Target
MET
students
Universities
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International
UK’s graduate route visa to continue: Indian students aspiring to study abroad have reason to cheer
go to the United Kingdomthis year, the Migration Advisory Committee (MAC) recommended the continuation of the graduate route work visa, also known as PSW or post-study work visa, to continue in its current form. This visa enables international students to work for two years in the UK after graduating from a British university. For the unversed, the committee was entrusted with the task by Home Secretary James Cleverly to review the graduate route visa and submit the report on May 14.
14.05 / 13:33
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International
OPEC sticks to oil-demand view, posts fall in overall output
The Organization of the Petroleum Exporting Countries left its estimates for global oil-demand growth unchanged for this year and next, while reporting a fall in crude output as the market awaits the cartel’s next production policy move at its upcoming meeting in June. The Vienna-based group said in its monthly report that it continues to forecast oil demand to grow by 2.2 million barrels a day this year and by 1.8 million barrels a day in 2025, unchanged from its previous estimates. The cartel’s latest report comes as oil prices trade rangebound after dropping to mid-March levels earlier this month.
14.05 / 13:33
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US tariffs
China warns new US tariffs to ‘severely’ impact relations: Report
Top China, South Korea Diplomats Hold Rare Talks in Beijing On Tuesday, the White House announced a tariff hike on $18 billion worth of imports from China, targeting key sectors such as electric vehicles, batteries, steel, and vital minerals. This decision coincides with President Joe Biden's preparation for the upcoming November election, where he is expected to face Republican rival Donald Trump again. Administration officials criticized Trump's trade policies as they unveiled the tariff increase.
14.05 / 12:59
markets
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Matthews
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International
RBC global investment-banking unit taps Stopnik to lead
Royal Bank of Canada has adopted a global structure for its investment-banking business and tapped Matthew Stopnik to head up the division.
14.05 / 12:59
markets
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Provident
Platform
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performer
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RBC poised to outperform rivals thanks to HSBC deal, say analysts
Exposure to more fee-based revenue from the acquisition of HSBC’s Canadian franchise is likely to boost Royal Bank of Canada’s performance relative to other domestic banks when they begin releasing second-quarter earnings next week, according to analysts at Jeffries Securities Inc.
14.05 / 12:59
FIVE
economy
Opinion
track
inclusion
reports
rights
Wealthy Canadians sour on state of economy in wake of capital gains tax changes, poll finds
Ottawa’s changes to the capital gains tax appear to have gotten under the skin of Canada’s wealthiest wage group, an ongoing poll that tracks the financial outlook of Canadians suggests.
14.05 / 12:59
14.05 / 12:39
COST
Research
Bitcoin
reports
Bitcoin Hash Rate Declines as Mining Firms Shut Down Unprofitable Rigs Post-Halving
The hash rate of the Bitcoin network has experienced a significant decline as mining firms are shutting down unprofitable mining rigs following the fourth Bitcoin halving.
14.05 / 11:35
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Shree Cement Q4 Results: PAT jumps 28% YoY to Rs 526 crore; Rs 55/sh dividend declared
Shree Cement on Tuesday reported a 28% year-on-year (YoY) jump in its consolidated net profit to Rs 675 crore for the quarter ended March 31, 2024, from Rs 526 crore reported by the company in the corresponding quarter of the last financial year. The revenue from operations stood at Rs 5,433 crore in the quarter under review which was up by 6.5% from Rs 5,100 crore reported in the year-ago period.
14.05 / 11:35
Provident
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Videos
AAP admits assault on Swati Maliwal by Delhi CM's PA: Who is former video editor Bibhav Kumar, known as Kejriwal's Man Friday
Aam Aadmi Party (AAP) has acknowledged the reported assault on its Rajya Sabha MP Swati Maliwal by Delhi Chief Minister Arvind Kejriwal's personal assistant Bibhav Kumar. The party stated that Delhi CM has taken cognizance of the incident, ensuring appropriate action will follow. The incident, which occurred at Arvind Kejriwal's residence, saw two complaints filed with the Delhi Police concerning an alleged assault on AAP MP Swati Maliwal. The accused, Bibhav Kumar, reportedly obstructed Maliwal from meeting Kejriwal, particularly during the chief minister’s engagement in the excise police case. Maliwal visited the Civil Lines Police Station but refrained from filing a formal complaint. Who is Bibhav Kumar, known as «Kejriwal’s Man Friday»? Bibhav Kumar, a former video journalist, has been associated with AAP leader Arvind Kejriwal since the early 2000s. He initially worked as a video editor for a magazine associated with India Against Corruption, which later transformed into AAP. Over the years, Kumar has become an integral part of Kejriwal's inner circle, assisting him with daily tasks and serving as a trusted aide.
14.05 / 11:17
Digital
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wellness
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Bharti Airtel Q4 Results: Profit slides 31% YoY to Rs 2,072 crore; dividend declared at Rs 8/share
Telecom major Bharti Airtel on Tuesday reported a 31% fall in its consolidated net profit at Rs 2,072 crore for the quarter ended March 2024. This compares with Rs 3,006 crore profit in the previous year's quarter. The profit missed the Street estimates by a wide margin, which saw the figure around Rs 3,274 crore.
14.05 / 11:17
Food
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Research
electronic
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stars
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Financial
Buy RIL, sell Jio Financial: How mutual funds tweaked stock portfolios in April
April, mutual funds bought stocks of Rs 32,800 crore. Across the industry, the key additions were Kotak Mahindra Bank, Axis Bank, and Bharti Hexacom, while the key reductions were State Bank of India, Jio Financial Services, and Bajaj Finance, according to Mutual Fund Insight by Nuvama Alternative & Quantitative Research.
14.05 / 11:17
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Manufacturing
conductor
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Apar Industries shares zoom 8% after company reports Q4 results, announces Rs 51 dividend
Shares of Apar Industries surged 8% on the BSE on Tuesday to hit a new 52-week high of Rs 8,398.95 after the company posted its revenue at Rs 4,455 crore, up 9% YoY. Its PAT declined 3% YoY to Rs 236 crore. The board of directors also announced a dividend of Rs 51 per share for FY24. “Board of Directors of the company at its meeting held on 14th May, 2024, recommended final dividend for the financial year ended 31st March, 2024, at Rs. 51/- per share (face value Rs.10/- per share) on 4,01,68,315 Equity shares aggregating to Rs 204.86 crore. This will be paid after approval by members at the ensuing Annual General Meeting,” the filing read.
14.05 / 10:33
markets
BTC
Bitcoin news
Platform
Bitcoin
reports
Bitcoin Price Prediction as Two Mysterious Whales Start Transferring Funds After 10 Years – What’s Going On?
Bitcoin price prediction is a hot topic as two mysterious whales, inactive for over a decade, have suddenly moved 1,000 BTC, worth about $60.9 million, within the past 20 minutes.
14.05 / 10:27
COST
UPS
Progressive
Fox
students
reports
strain
Nearly half of Americans say finances are taking toll on their mental health
Jason Furman, former National Economic Council chair under Obama, says there is nothing structural about inflation on 'Barron's Roundtable.'
14.05 / 10:27
14.05 / 09:57
markets
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Trade
reports
Accumulate Fine Organic Industries, target price Rs 4,779: Prabhudas Lilladher
Fine Organic Industries Ltd. with a target price of Rs 4779.0. The current market price of Fine Organic Industries Ltd. is Rs 4281.25 . Fine Organic Industries Ltd., incorporated in the year 2002, is a Mid Cap company (having a market cap of Rs 13146.23 Crore) operating in Chemicals sector.
14.05 / 09:57
markets
COST
UPS
Target
performer
reports
Accumulate Jindal Steel & Power, target price Rs 987: Prabhudas Lilladher
Jindal Steel & Power Ltd. with a target price of Rs 987.0. The current market price of Jindal Steel & Power Ltd. is Rs 976.75 . Jindal Steel & Power Ltd., incorporated in the year 1979, is a Mid Cap company (having a market cap of Rs 95816.87 Crore) operating in Metals — Ferrous sector.
14.05 / 09:57
markets
UPS
Target
AGRO
reports
Pharmaceuticals
Financial
Buy Aarti Industries, target price Rs 800: Emkay Global Financial Services
Aarti Industries with a target price of Rs 800. The current market price of Aarti Industries is Rs 655. Aarti Industries, incorporated in the year 1984, is a Mid Cap company (having a market cap of Rs 24258.77 crore) operating in Pharmaceuticals sector.
14.05 / 09:57
UPS
Digital
Food
wellness
reports
Zydus Wellness shares rally nearly 4% after reporting PAT at Rs 150 crore; declares Rs 5 dividend
Shares of Zydus Wellness jumped 3.8% on BSE to hit their fresh 52-week high of Rs 1,750.20 after reporting a 4% year-on-year (YoY) increase in profit after tax of Rs 150.3 crore for the fourth quarter ended March 2024. The company’s board also declared a dividend of Rs 5 per share. The record date has been fixed as July 19 to determine the list of shareholders entitled to receive the final dividend for the financial year 2023-24.
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