Reports Financial News
04.05 / 02:49
Waters
Extreme
Racing
Southern
Death
President
reports
Brazil's Southern region grapples with deadly rains, mudslides; 37 killed
Brazil's southern state of Rio Grande do Sul is reeling from the devastating effects of heavy rains and mudslides. The death toll has surged to 37, with 74 individuals reported missing, according to the state's civil defence agency, Al Jazeera reported. Rescue operations are underway as emergency responders race against time to locate survivors trapped amidst the debris of collapsed homes, bridges, and roads. Governor Eduardo Leite declared a state of emergency as the region grapples with the aftermath of the catastrophic weather event.
04.05 / 02:23
Citi
WhatsApp
Southern
Death
reports
prevention
Hamas to send delegation to Cairo 'in positive spirit to reach an agreement'
Hamas has officially announced its intention to dispatch a delegation to Cairo in a bid to advance mediated negotiations. Leading the delegation will be Khalil al-Hayya, a prominent figure within the group, Al Jazeera reported. The statement released by Hamas reiterated the organisation's positive stance towards the proposed negotiations.
04.05 / 02:23
FIVE
Aware
Enterprise
information
2020
reports
International
NIIF-owned Ayana Renewable Power gets high five from bidders
JSW Neo Energy and Sekura Energy are among five bidders that have made non-binding offers to acquire a controlling stake in Ayana Renewable Power, majority owned by National Investment and Infrastructure Fund (NIIF), according to people aware of the matter. The offers were submitted on April 19. The others in the fray include Masdar, Sembcorp and Macquarie, according to the people cited. The bids were submitted after allowing time to the suitors to conduct a limited due diligence that included access to some data and confidential financial information. As the next step, NIIF will communicate a shortlist of suitors over the next few weeks after which two or at best three will be allowed to conduct detailed due diligence, according to the sources.
04.05 / 02:23
CEO
Assurant
Healthcare
show
performer
reports
Schools
NOT
Coforge’s $220-m Cigniti acquisition biggest, but not disproportionately bigger: CEO Sudhir Singh
Coforge chief executive Sudhi Singh on Friday said it will shell out $220 million, or about Rs 1,826 crore, to acquire 54% stake in Hyderabad-based Cigniti Technologies even as the Noida-based IT firm launched an open offer to acquire an additional 26% stake in Cigniti. Coforge had on Thursday said it is acquiring 54% share in Cigniti from promoters and other shareholders at Rs 1,415 per share.
04.05 / 02:23
Citi
Target
Waters
Action
Assurant
Election
reports
"Petrol bomb attacks won't be repeated" assures Meghalaya CM Conrad
petrol bomb attacks on vehicles in several parts of Shillong over the past few days, Meghalaya Chief Minister Conrad K Sangma said on Friday that the state government will ensure that such incidents will not recur. The CM also assured the people that the situation in the state capital would be under control very soon. «We are working towards ensuring that such incidents won't be repeated. Police have taken steps. To make arrests on such incidents, we need proper evidence. As soon as we get the evidence, action will be taken,» the CM said.
04.05 / 02:23
UPS
Target
economy
President
country
reports
NOT
India not xenophobic, but one of the most welcoming nations: S Jaishankar
NEW DELHI: External affairs Minister S Jaishankar rejected US President Joe Biden’s description of India as “xenophobic” and grouping it with countries said to be economically troubled. “First of all, our economy is not faltering,” he said at the ET Roundtable on Friday. “India is always… India has been a very unique country… I would say actually, in the history of the world, that it's been a society which has been very open… different people from different societies come to India." Jaishankar also cited the Narendra Modi government’s legislation that facilitates such a welcome. “That's why we have the CAA (Citizenship Amendment Act), which is to open up doors for people who are in trouble… I think we should be open to people who have the need to come to India, who have a claim to come to India.”
04.05 / 02:15
markets
UPS
Platform
Align
performer
reports
Startups turned to venture debt amid funding winter. Now they’re facing the heat
BENGALURU : When the fundraising route for startups began drying up a couple of years ago, several emerging companies turned to venture debt. With the macroeconomic environment becoming tougher, a few of those startups, including the Good Glamm Group, are now negotiating extensions for repaying those loans. Venture debt backers, typically loath to accept such requests, are faced with a quandary: which one to honour, based on which startups are more likely to survive.
04.05 / 02:15
Digital
Mobile
Election
reports
Bank Holiday today: Are banks closed on Saturday, May 4? Check state-wise list
Also Read | From CIBIL to banks, different ways to access your credit report In May 2024, the following dates are declared as bank holidays across various states: May 1 (Wednesday): Maharashtra Day/May Day, observed nationwide as Labour Day. May 7 (Tuesday): Lok Sabha General Elections, affecting banking operations in Gujarat, Madhya Pradesh, and Goa. May 8 (Wednesday): Birthday of Rabindranath Tagore, with banks closed in West Bengal.
04.05 / 02:15
markets
Reuters
Manufacturing
Tesla
information
reports
Courts
Elon Musk's Tesla sues Indian battery maker ‘Tesla Power’ over trademark infringement, reigniting tensions
Tesla Power" to market its products, on May 3. The lawsuit, heard in the Delhi High Court, seeks damages and a permanent injunction to stop the use of the Tesla brand name, as per Reuters. During a court session this week, it was revealed that the Indian company, Tesla Power India Pvt Ltd, continued to promote its products under the "Tesla Power" brand despite receiving a cease-and-desist notice in April 2022, as reported on the court's website, the report added.
04.05 / 02:15
markets
COST
Provident
security
show
reports
Gold price dips ₹3300 from record high. Should you buy as US non-farm payroll data fails to beat estimates?
Gold rate today: Following the ease in the Iran-Israel conflict and a dent to the US Fed rate cut buzz in the near term, gold price declined for the second straight week. Gold future contract for June 2024 expiry on the MCX finished at ₹70,677 per 10 gm, logging a weekly loss of ₹809 per 10 gm against the previous Friday's close of ₹71,486 per 10 gm. However, if we compare MCX's gold rate today with its record high of ₹73,958, which climbed on 12th April 2024, the gold price today is around ₹3300 per 10 gm lower than its record high.
04.05 / 02:15
Manufacturing
security
Enterprise
Healthcare
country
electronic
reports
Adani's petrochemical plant inches closer to getting a ₹17,000-cr lifeline from SBI-led consortium
₹17,000 crore, amounting to 60-70% of its capital expenditure requirement. The loan, from a consortium led by India's largest lender SBI, will be part of a financial closure programme for Adani Petrochemicals Ltd’s coal-to-polyvinyl chloride plant, which would be India's largest PVC manufacturing facility once completed. The group had in March last year halted the project saying it had decided to hold major equipment procurement and site construction activities pending financial closure, following the Hindenburg report that had alleged financial fraud at Adani Group companies.
03.05 / 23:19
markets
Blockchain
UPS
Trade
Bitcoin
reports
top crypto gainers
Top Crypto Gainers Today on DEXScreener – ARKY, PEEPO, THREE
With blue-chip cryptocurrency markets recovering on Friday as macro traders price back in multiple rate cuts for 2024 following the latest US jobs report, traders looking for top crypto gainers today continue to turn to the highly illiquid and volatile on-chain markets for opportunities.
03.05 / 21:51
Waters
Extreme
Fox
Mobile
Analysis
reports
US weather: Tornadoes peak in May. What you should know
Tornadoes can make a landfall anytime of the year in the US, but an analysis has revealed that maximum number of tornadoes make a landfall in the month of May. Analysis of data from the years 1991-2020, revealed that 1333 tornadoes were recorded across the US every year and 54% of them occurred in the months of April-June, as per a report on Fox. Historically, on an average, 294 tornadoes every year has been recorded in the month of May whereas April and June have averaged 212.
03.05 / 21:51
awards
Death
film
Oscar
shooting
stars
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'Wolverine' star Hugh Jackman's next movie 'The Death of Robin Hood'. Check release date, key details
The Death of Robin Hood" will bring together Hugh Jackman and Jodie Comer. The two will leave for Sherwood Forest where the shooting for this movie will commence next year. Hugh Jackman has been part of hits such as ‘Wolverine’ and Jodie Comer has been involved in hit movies such as ‘Killing Eve’. This has been reported by Variety. Michael Sarnoski who has directed films such as ‘A Quiet Place: Day one’ and ‘Pig’ will be directing this venture too.
03.05 / 21:51
Fox
Analysis
Sustainability
Research
community
country
reports
Diabetes: This fruit a day keeps diabetes away. Details here
Type 2 diabetes is on the rise across the world led by lifestyle changes, researchers have recently noted that having a fruit regularly leads to decreased chances of diabetes in women. Regular consumption of Avocado leads to lesser chances of this metabolic disorder. This was the conclusion based on studies conducted on some Mexican women, as per a report on Fox. Upon analysis of the data from the Mexican National Survey of Health and Nutrition for the years 2012, 2016 and 2018, the findings were unique. 25,640 participants were surveyed of whom 59% were women and 60% of them had abdominal fat which is often attributed as a factor leading to insulin resistance and on set of diabetes.
03.05 / 21:27
Booking
Gap
Research
President
Diversity
reports
Equality
What are asset managers doing about DEI?
With a lot of heavy lifting left to do to address underrepresentation in financial services, a new report offers a valuable glimpse into how players in the asset management industry is tackling the problem.
03.05 / 21:27
markets
Target
Morningstar
wellness
2020
reports
Updates
DOL urged to refresh guidance for target-date funds
As target date funds continue to gain popularity in 401(k) plans, the Government Accountability Office is urging the DOL to update its guidance on the retirement investment options.
03.05 / 21:25
03.05 / 20:31
Hollywood
Dreams
Fallout
film
Actor
Universities
reports
Will there be more Batman movies? Jonathan Nolan reveals details about franchise's future
Jonathan Nolan, who has been credited with co-writing for the movie, The Dark Knight has recently revealed that he may work for an upcoming Batman content anytime in the future, if offered, according to a report by The Hollywood Reporter. The Batman trilogy, directed by Christopher Nolan, is considered one of the best movie trilogy in the DC universe. The Dark Knight is a movie in this same trilogy which became an huge hit at the box office when released.
03.05 / 20:31
Adventure
CBS
film
stage
reports
shock
Ghosts Season 4: Episode count, plot details, new romance | What to expect
Isaac's Wedding," promising a surprise guest and potentially shocking revelations. Scheduled for Thursday night, this installment marks the end of another thrilling season for the supernatural-comedy series. Season 4 Renewal
03.05 / 20:21
Analysis
wellness
Justice
performer
reports
Department
Investigations
TD Bank risks an earnings hit from U.S. laundering probe, analysts say
With new allegations emerging surrounding U.S. anti-money-laundering investigations into Toronto-Dominion Bank, the lender could face a much higher fine than previously expected as well as a significant hit to its long-term financial performance, according to analysts at National Bank of Canada.
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