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07.05 / 17:15

markets UPS Tesla reports Features International Elon Musk dispatches Tesla’s ‘fireman’ to China amid slowing sales

SINGAPORE–When Elon Musk made a surprise visit last month to Beijing, the Tesla chief executive brought along a trusted lieutenant: Tom Zhu, the company’s former China head who had skyrocketed through the ranks as a turnaround guru. Now, Zhu—one of just three senior executives including Musk currently named on Tesla’s website—is getting deployed from Tesla’s Texas headquarters back to China at a vulnerable time for the world’s most valuable automaker, according to a person familiar with the matter. Zhu, who was born in China and educated in the U.S.

07.05 / 16:53

Provident MET FIVE information reports Videos Salman Khan residence firing case: Arrested Rafiq Chaudhary did recce, sent video to Anmol Bishnoi, say police

Chaudhary had also made a video of the recce and sent it to Anmol Bishnoi, brother of jailed Lawrence Bishnoi. "The accused had met both the shooters on April 8 and April 11 in the Kurla area," the Mumbai Police Crime Branch was quoted by ANI as saying. Rafiq Chaudhary was arrested from Rajasthan.

07.05 / 15:31

markets WhatsApp performer track reports Prudent Corporate Advisory Q4 Results: PAT grows 19% YoY to Rs 138.7 crore

Prudent Corporate Advisory Services has reported 32% year-on-year growth in revenue from operations at Rs 805 crores for the quarter ended March 31, 2024. Profit after tax of the company grew by 19% YoY to Rs 138.7 crore, led by strong operational growth and higher other income. A retail wealth management services firm engaged in distributing a wide range of financial products reported a 32% growth in yearly average asset under management (AUM) in the mutual fund vertical and a 50% growth in revenues from non-mutual fund products.

07.05 / 15:31

Aware Analysis Sustainability EOS Deloitte information reports EO data can generate $3 tn in economic benefits; help cut 2 gigatonnes of CO2 emissions: WEF report

Earth observation data can generate over USD 3 trillion in economic benefits globally and help eliminate two gigatonnes of greenhouse gas emissions annually by 2030, according to a new report by the World Economic Forum. Earth observation data refers to the collection, analysis, and presentation of information about the Earth's physical, chemical, and biological systems using remote sensing technologies.

07.05 / 15:31

WhatsApp wellness reports CreditAccess Grameen Q4 Results: Net profit soars 34% YoY to Rs 397 crore on business expansion

NBFC-MFI) CreditAccess Grameen has reported a 34% year-on-year rise in net profit for the March quarter at Rs 397 crore, supported by expansion of business and higher earnings. The net profit was Rs 297 crore in the year-ago period.

07.05 / 15:31

markets security economy pandemic consequences reports inequality India to emerge as third largest consumer market by 2026: Report

economy is expected to emerge as the world's third largest consumer market by 2026. In 2023, India’s consumption grew at a faster pace than that of China, US and Germany. But consumption growth lagged investment growth, post pandemic since mid-2022, said a report by UBS Securities.

07.05 / 15:21

Target Manufacturing Food Celebrity reports guidelines Courts Patanjali ads case: Supreme Court warns celebrities, influencers against endorsing misleading ads

Bar and Bench reported. "Endorsements by public figures, influencers, celebrities, etc go a long way in promoting a product, and it is imperative for them to act with responsibility when endorsing any product in the course of advertisements," the apex court added.

07.05 / 15:21

markets Citi security Remark Trade President reports Gold slips as US dollar strengthens, investors await Fed officials comments; silver trades flat

Gold and silver prices today on 07-05-2024: Check latest rates in your city On Monday, spot gold prices gained almost 1% on Monday amid softer dollar and decline in US treasury yields. Friday’s weaker than expected US jobs report fueled expectation of potential rate cuts later this year. Further, safe haven buying due to the ongoing tension in the Middle East also supported the bullions to trade higher.

07.05 / 15:01

markets Digital security Trade reports QCP Capital QCP Capital Secures Approval to Expand into Abu Dhabi, Strengthening Presence in the Middle East

QCP Capital, a prominent options trading desk for digital assets, has received initial approval to operate in Abu Dhabi, marking its expansion into the Middle East.

07.05 / 14:17

UPS Provident security Photos cover reports recommendations Q4 results: JSW Energy profit rises 29% to ₹351 crore, declares ₹2 per share dividend

New Delhi: Sajjan Jindal-led JSW Energy on Tuesday posted a 29 per cent rise in its consolidated net profit to ₹351 crore in the March quarter compared to a year ago mainly on the back of higher revenues. The company had reported a consolidated net profit of ₹272 crore in the quarter ended on March 31, 2023, according to a BSE filing.

07.05 / 14:17

Provident security exclusive information reports peace Profiles From lower interest rates to strong bargaining power, 5 long-term benefits of high CIBIL score

premium credit cards and exclusive banking services. In fact, some employers tend to check credit scores as part of the hiring process, particularly for positions that involve handling finances or sensitive information. ALSO READ: Personal Loan: 4 key advantages of setting automatic payments So, a high credit score can raise your employability and reflect positively on your financial responsibility.

07.05 / 14:17

markets UPS Progressive CEO wellness performer reports Dr Reddy’s Q4 net profit rises 36% to ₹1,307 crore, surpasses market expectations

₹1,307 crore for the quarter ended March (Q4FY24), surpassing analysts' expectations. Net profit rose 36% year-on-year, primarily driven by strong performance in the US market. In an exchange filing, the Hyderabad-based company said that revenue increased to ₹7,083 crore during the quarter, a 12% year-on-year (YoY) growth, fuelled by solid sales in North America and emerging markets.

07.05 / 14:17

Provident Booking reports recommendations International Voltas Q4 Results: Net profit drops 19% to ₹116 crore, revenue rises 42% YoY; dividend declared

Voltas Q4 Results: Voltas announced its January-March quarter results for fiscal 2023-24 (Q4FY24) on Tuesday, May 7, reporting a drop of 19 per cent in consolidated net profit at ₹116.44 crore, compared to 143.92 crore in the corresponding period last year. The air conditioning and engineering services provider's revenue from operations in the fourth quarter of FY24 rose 42 per cent to ₹4,203 crore, compared to ₹2,957 crore in the year-ago period. Voltas said its board of directors has recommended a dividend of ₹5 per share of the face value of Re 1 per share for the year 2023-24 subject to the approval of shareholders of the company.

07.05 / 14:17

Digital Maxim CEO Enterprise reports International Atul Das moves on from Zee, Mangesh Kulkarni named business head

Mint. Last month, Zee's board of directors approved a new organizational framework suggested by Punit Goenka, the managing director and CEO. Under this new structure, Goenka will take direct oversight of the domestic broadcast business and aims to enhance synergies across core business segments including broadcast, digital, movies, and music.

07.05 / 14:17

Fighting Election electronic reports Videos Conman demands ₹2.5 crore from Uddhav Thackeray's Sena leader to hack all EVMs in Sambhajinagar, lands in police net

₹2.5 crore from senior Shiv Sena (Uddhav Balsaheb Thackeray) leader Ambadas Danve, claiming that he could hack all the electronic voting machines (EVMs) in the Sambhajinagar Lok Sabha constituency. The arrested accused has been identified as Maruti Dhakne, a native of Maharashtra's Ahmednagar district. Dhakne had dialled Shiv Sena leader Ambadas Danve, the leader of Opposition in the Maharashtra legislative council, saying he could hack all the EVMs in the Sambhajinagar Lok Sabha constituency to get the desired result the party wanted.

07.05 / 14:17

Citi Action Research performer cover reports Traffic India sees 230% surge in ghost shopping malls: Report

₹6,700 crore lost in potential sales in 2023, according to the 'Think India Think Retail 2024" report released Tuesday. Several shopping centers are struggling as an increasing number of consumers turn to online shopping and are shifting to larger centers for enhanced experiences. “Shopping centres in distress grapple with ongoing hurdles, compounded by fresh additions worsening their already elevated vacancy rates," the report said.

07.05 / 14:17

UPS Progressive Bill students track reports Financial Faced a financial setback? Here are 6 steps to follow to improve your CIBIL score

CIBIL score. So, you should apply for new credit sporadically and only if necessary. Besides, you should begin by procuring a copy of your credit report from CIBIL or any other credit bureau.

07.05 / 13:57

BLOCK Platform Mobile wellness social reports Department Telecom department blocks mobile handsets, disconnects numbers involved in frauds

text messages, the Department of Telecom (DoT) has started blocking handsets used in such activities besides disconnecting mobile numbers. The DoT has launched Chakshu portal two months ago to handle telecom fraud related grievances.

07.05 / 13:57

Waves FIVE wellness country reports isolate Department As Andhra town logs 46 degree temperature, highest in India, IMD issues fresh heatwave warning for 2 states

heat wave that has gripped South Peninsular India is expected to ease starting today, offering some relief to the region, according to India Meteorological Department. However, a new wave of scorching heat is forecasted to sweep over Rajasthan and West Madhya Pradesh from the 8th to the 10th of May this year. On Monday, isolated areas in Tamil Nadu experienced severe heat wave conditions, while pockets of Rayalaseema, interior Karnataka, and Telangana also faced intense heat. Rayalaseema region in Andhra Pradesh has been battling heat wave conditions since April 24th, with Nandyal reporting a staggering maximum temperature of 46.0°C, making it the hottest location in the country, according to IMD.

07.05 / 13:57

Career Instagram social actress stars reports symptoms Mollywood veteran Kanakalatha succumbs to dementia at 63: 5 red flags to look out

Mollywood actress Kanakalatha passed away on Monday. She was 63. The Malayalam industry took her last breath at her residence in Thiruvananthapuram. According to a Times Of India report, the actress has been suffering from Parkinson’s disease and dementia since 2021.

07.05 / 13:49

markets film trends Oscar information reports International Godzilla Minus One release date: How to watch Oscars 2024 winner with English subtitle?

Godzilla Minus One" is available for OTT streaming and Blu-ray version in Japan. However, the question continues to remain when will the Oscars 2024 movie be released for online viewing in the US and other international markets.

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