Reports Financial News
14.05 / 04:55
markets
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reports
Updates
Stock market update: Nifty IT index falls 0.38% in an upbeat market
LTIMindtree Ltd.(up 0.31 per cent), MphasiS Ltd.(up 0.25 per cent), Wipro Ltd.(up 0.17 per cent), L&T Technology Services Ltd.(up 0.03 per cent) and Coforge Ltd.(up 0.01 per cent) were among the top gainers.
14.05 / 04:45
Provident
FIVE
Mobile
community
Diversity
TELUS
reports
Be ready ‘for anything’ after wildfires hit telecom lines, official warns
Wildfires continue to rage across parts of western Canada and this past weekend, some communities were left without a way to communicate through internet or phone after fibre optic lines were damaged by the flames.
14.05 / 03:59
Reuters
Southern
wellness
reports
Walmart to lay off hundreds of corporate staff and relocate others, says report
Dallas, Atlanta and Toronto are being asked to move to other central hubs such as Walmart's corporate headquarters in Bentonville as well as Hoboken or Southern c, the report added. Walmart will still let staff work remotely part-time, as long as they are in offices a majority of the time, the report said.
14.05 / 03:59
Provident
Reuters
CEO
Research
voice
reports
Features
OpenAI unveils GPT-4o: From excitement, worry, warnings & memes — Here's how the Internet reacted to the AI conversation
OpenAI on May 13 showcased its latest AI model, GPT-4o, with a demo featuring voice interaction across text and images. This could keep the company "ahead of the race" in the global artificial intelligence landscape, Reuters reported. The GPT-4o boasts advanced audio capabilities, allowing users to engage in real-time conversations without delays and even interrupt the AI during its speech—a significant milestone in replicating natural human interaction, the report said.
14.05 / 03:59
Google
security
Gemini
information
reports
testing
Features
Google I/O 2024 event today: When and where to watch, expected launches and everything you need to know
I/O 2024. In fact, there isn't much information about the event apart from a few leaks and the official event schedule released by the company. While I/O has traditionally been a software-focused event, Google has made many hardware announcements in the past.
14.05 / 03:59
COST
Target
Platform
Food
reports
recommendations
Zomato share price falls 6% after Q4 results. Opportunity to buy the stock?
₹182.10 apiece on the BSE. The food delivery platform Zomato reported a consolidated net profit of ₹175 crore in the fourth quarter of FY24 as against a loss of ₹188 crore in the same period a year ago. The net profit grew 27% from ₹138 crore posted in the December quarter.
14.05 / 03:21
Death
country
rock
reports
evacuation
bowling
Indonesia flood death toll rises to 50 with 27 missing
flash floods and cold lava flow on Indonesia's Sumatra island over the weekend killed at least 50 people and left another 27 missing, the country's disaster agency said. Hours of heavy rain caused large volcanic rocks to roll down one of Indonesia's most active volcanos into two of the worst-hit districts on Sumatra island Saturday evening while flooding inundated roads, homes and mosques.
14.05 / 03:21
President
RAI
DAL
reports
The reason why PM Modi is filing his nomination from Varanasi today at sharp 11.40 am
Narendra Modi will file his nomination from Varanasi Lok Sabha constituency later today. As per reports, PM Modi will visit Kaal Bhairav Temple at 10:15 AM. Later he will meet with NDA leaders at 10:45 AM. Notably, Modi will file his nomination at sharp 11:40 AM today. Now many are saying that PM Modi has decided to file nomination at 11.40 am because as it is the 'Abhijit Mahurat' and 'Anand Yog’ as per Hindu Panchang. Union Home Minister Amit Shah and Defence Minister Rajnath Singh will be present for Modi's nomination filing.
14.05 / 03:19
Trade
reports
US issues warning after India's Chabahar Port deal: ‘Potential risk of sanctions' for business deals with Iran
ANI reported. In response to a question over India’s deal with Iran on the strategic Chabahar port, Vedant Patel said that US sanctions on Iran remain in place and the US will continue to enforce them.
14.05 / 03:15
Action
Fighting
Align
wellness
War
country
reports
Defence rejig: India must move faster on theatre-focused armed forces
For efficiency, the form of an instrument must follow its function. This logic applies to India’s defence too, which is why there is no valid argument against aligning our armed forces to focus on potential theatres of war. How well we fare could depend on how well we’re geared for hostilities on a particular front—be it western, northern or maritime.
14.05 / 03:06
markets
UPS
Reuters
CME
show
reports
inflation data
Dollar drifts as traders eye US inflation data; frail yen in focus
inflation report this week that will likely shape the U.S. rates outlook, while the yen was hovering near a two-week low, stoking intervention worries. The currency market has been sedate this week, with investors seeking to gauge what the path the Federal Reserve will take this year in the wake of recent softer-than-expected U.S. labour market data and comments from central bankers.
14.05 / 03:06
markets
COST
Provident
Reuters
country
reports
inflation data
Gold Prices
Gold prices flat ahead of key US inflation data
Gold prices were flat on Tuesday, as investors awaited key U.S. inflation data that could provide more clues on the Federal Reserve's policy path.
14.05 / 03:06
markets
IPO
Reuters
security
economy
Citigroup
reports
Aluminum products maker Novelis makes US IPO filing public
Aluminum products maker Novelis, owned by Indian conglomerate Aditya Birla Group's Hindalco Industries, made public its filing for an initial public offering in the United States on Monday. The company is moving ahead with a listing at a time when the U.S. IPO market is on a rebound this year, after a two-year lull, on hopes of a «soft landing» for the economy, where inflation falls without a recession or big job losses.
14.05 / 03:06
UPS
Extreme
WhatsApp
Death
President
reports
Hoarding collapses in Mumbai's Ghatkopar: Death toll now goes up to 14, 74 people rescued alive
death toll after a big hoarding collapsed in Maharashtra's Ghatkopar area has risen to 14 on Tuesday. According to the National Disaster Rescue Force, 74 people have been rescued alive from the spot, while 14 have been declared dead. National Disaster Response Force (NDRF) has been conducting rescue operation for those trapped since Monday evening, when the incident happened due to heavy rains and strong winds.
14.05 / 03:06
markets
MSCI
Nikkei
Trade
show
reports
Asian shares hit 15-month high as traders wait for CPI
Asian shares hovered around 15-month highs on Tuesday and the dollar was firm ahead of highly anticipated U.S. inflation data, while Japanese bonds were squeezed as the central bank pulled back a little on its bond buying programme. MSCI's broadest index of Asia-Pacific shares outside Japan climbed slightly and hit its highest since early 2023 in morning trade, as a strong rally in Hong Kong shares extended into a fourth consecutive week.
14.05 / 02:49
Citi
Airlines
Election
RAI
reports
Traffic
Vistara Airlines warns of traffic congestion in Varanasi as PM Modi to file nomination for Lok Sabha election today
'Kashi is special': PM holds mega roadshow in Varanasi amid sea of crowd | Watch Notably, several candidates who wanted to contest against PM Modi from Varanasi were denied nominations as per media reports. The candidates alleged that election officials were reluctant to issue treasury challans and nomination forms, depriving them of contesting the Lok Sabha election from the Varanasi parliamentary constituency. The nomination process began on May 7 in the city and since then long queues have been visible near the election commission's office.
14.05 / 02:49
Target
Manufacturing
security
Southern
reports
rights
Pharmaceuticals
Stocks to watch: Shriram Finance, Airtel, Vedanta, Sanofi India, DLF, Zomato
Shriram Finance: US-based Warburg Pincus has acquired a majority stake in Shriram Housing Finance Ltd (SHFL) for ₹4,630 crore, marking its largest deal in India. The acquisition was made through its affiliate Mango Crest Investment Ltd from Shriram Finance Ltd (SFL) and other sellers. The deal is expected to be completed by February 7, 2025.
14.05 / 02:49
markets
IPO
Target
security
show
information
reports
Kumar Mangalam Birla’s Novelis plans $1.2 billion worth US IPO as early as June, targets $18 billion valuation
Kumar Mangalam Birla’s Hindalco Industries Ltd., is seeking to complete a planned US initial public offering as soon as early June, according to people familiar with the matter. The company, owned by a unit of India’s Hindalco, could begin formally marketing the deal in about two weeks, they said, asking not to be identified as the information isn’t public. Novelis on Monday filed publicly with the US Securities and Exchange Commission for the listing.
14.05 / 02:49
security
Death
hospital
reports
travelers
Department
International
Indian staff member with the United Nations killed in Gaza, sources identify deceased as former army personnel: Report
United Nations was killed in Gaza when the vehicle he was travelling in came under attack in Rafah, making it the “first international" casualty for the organisation since the start of the Israel-Hamas conflict. The individual was a staff member of the United Nations Department of Safety and Security (UN DSS).
14.05 / 02:07
markets
Progressive
Apple
Tesla
Xiaomi
reports
Sporting
Xiaomi moves ahead with Tesla-like SUV as first EV hits goals
Xiaomi Corp. aims to begin making and selling a sport utility vehicle similar to Tesla Inc.’s Model Y as early as 2025, embarking on a major new expansion with production of its debut SU7 electric car set to reach about a 100,000 units this year. Xiaomi is approaching full initial capacity and is working now to increase output to accommodate demand, people familiar with the matter said. The company benchmarked its envisioned SUV against Tesla’s during development, the people said, asking not to be identified discussing a private project. An SUV would mark a big expansion of Xiaomi’s $10 billion EV endeavor, spearheaded personally by billionaire co-founder Lei Jun. The company is trying to reduce its reliance on a volatile smartphone market dominated globally by Apple Inc., though with EVs it’s getting into a crowded arena and taking on established rivals Tesla and BYD Co.
14.05 / 02:07
markets
UPS
Racing
country
reports
Oil prices tick up on tighter supply outlook
Oil prices rose on Tuesday as the supply-demand balance looked set to tighten on operational disruptions, stronger demand and voluntary output cuts. U.S. West Texas Intermediate crude futures rose 18 cents to $79.30 a barrel by 1224 GMT. Brent crude futures gained 19 cents, reaching $83.55 a barrel.
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