Research Financial News

U.S. office markets are suffering from soaring vacancy rates, a record amount of available sublease space, and rising defaults. But curiously, office rents are holding steady or even climbing.

pioneering vaccine technology to BioMed Pvt. Ltd., a manufacturing company specializing in high-quality vaccines. This technology entails a recombinant vector vaccine designed specifically for combating the classical swine fever virus in pigs and wild boars, filling a significant gap in India's vaccine landscape. This first recombinant virus-based vaccine for pigs harnesses a reverse genetic platform pioneered and refined at IIT Guwahati. Swine fever, a highly contagious disease among pigs, poses a severe threat with a very high mortality rate, although it does not affect humans. In India, instances of this disease have been frequently observed in northeastern states, as well as in Bihar, Kerala, Punjab, Haryana, and Gujarat, among others.

Hedge fund Citadel is going all out on Miami. Having relocated some Citadel Securities staff to the Four Seasons Palm Beach during the pandemic, it's since poached the executive chef of the hotel to be its «global head of culinary» and has commissioned architects Foster + Partners to build a new«iconic tower» office space on a 2.5 acre waterfront plot at Brickell Bay as it moves its head office to Miami from Chicago.

Economic Times. In the opinion piece published on March 23, Aiyar said, "A dark shadow of creeping authoritarianism looms over India as it prepares for its 18th general election." The article was titled: "Yamini Aiyar laments the damage done to Indian democracy under Narendra Modi". ALSO READ: PM Modi gave India a sustainable model of governance She acknowledged that Narendra Modi's Bharatiya Janata Party (BJP) is set to power after winning a third term.

Nirmala Sitharaman and Congress leader Jairam Ramesh over the effectiveness of Atal Pension Yojana (APY). It was started when the Mr Ramesh pointed out that while the FM lauded the pension scheme named after the veteran BJP leader Atal Bihari Vajpayee on Mar 24 in Bengaluru, she did not mention, he alleged, that 83 percent of the subscribers are in the lowest slab of ₹1,000 pensions. He quoted a study by Indian Council of Social Science Research to show that nearly one-third of subscribers who dropped out of the pension scheme did so because their accounts were opened without any explicit permission.

Congress charges, Finance Minister Nirmala Sitharaman on Tuesday said Atal Pension Yojana (APY) is designed based on the best practice choice architecture and guarantees a minimum of 8 per cent return. «Atal Pension Yojana is designed based on best practice choice architecture to automatically continue the premium payment unless the subscriber opts out. This is a deliberate and beneficial feature which is in the best interest of the subscribers,» Sitharaman said in post on X. Instead of requiring people to decide each year to continue, they have to take a decision to discontinue, she said, adding, this makes many of them take the right decision and save for their retirement. Earlier in the day, the Congress attacked the Prime Minister Narendra Modi-led government over the Atal Pension Yojana, alleging it is a «very poorly-designed scheme» and a «paper tiger» that needs officials to hoodwink and coerce people into participating in it.

Donald Trump needs cash, and starting today he will see a huge pile of shares he owns trading on the stock market. The question is, how soon can he tap his nearly $4 billion stake in social-media platform Truth Social? That is up to the board of Truth Social’s parent company. The group includes his son, three former members of his administration and the former congressman who took a leading role in defending the former president in his first impeachment trial.

Stock market today: Zomato share price has been in an uptrend for the last one year. After bottoming out at around ₹50 apiece around a year ago, Zomato share price has remained an ideal 'buy on dips' stock for stock market investors. Zomato share price today opened upside and went on to touch an intraday high of ₹183.40 per share level on NSE, logging over 250 percent rise in the last one year.

export AI to poor countries, in the hope it might improve everything from schools to health care. Researchers around the world are therefore working to make AI more multilingual. India’s government is particularly keen.

₹2,994 on Tuesday. Despite concerns of competition from paint companies and unorganised manufacturers, some favourable factors could help Pidilite retain its edge and keep investors glued to the stock. However, sky-high valuations could be a sticking point.

₹440.85 apiece on the BSE, gaining as much as 2.20%. Emkay Global initiated coverage on Coal India shares with a ‘Buy’ rating and target price of ₹550 per share, implying an upside potential of more than 27% from Friday’s closing price.

Mint, Beige Ltd. is offering to sell up to 11.63 million shares, representing 2.9% of Mankind Pharma's total stake. Additionally, Link Investment Trust is also participating in the block deal, selling up to 58,385 shares (0.015% stake).

₹542.15 against its previous close of ₹516.35. Around 10 am, the stock traded 3 per cent higher at ₹531.85. Sterling and Wilson Renewable Energy share price has been on an uptrend for the last three consecutive sessions amid reports of capital raising after a stake sale in its data centre business.

Buy or sell stock: Reliance Power shares have been in an uptrend for more than a week. After bottoming out at nearly ₹20 per share level, this Anil Ambani-backed company's stock price has been hitting the upper circuit regularly. Since last Monday, Reliance Power share price has touched the upper circuit on all sessions except on Tuesday last week.

SRM Contractors IPO: The initial public offering (IPO) of SRM Contractors Limited has hit the Indian primary market today. The public issue will remain open till 28th March 2024. The construction company has fixed SRM Contractors IPO price band at ₹200 to ₹210 per equity share.

By Uditha Jayasinghe

Silicon Valley’s biggest tech companies. While Sanghvi is known for being the first woman engineer at Facebook, Agarwal was chief technology officer at file-sharing company Dropbox till 2018. Sanghvi went on to launch South Park Commons (SPC), named after a San Francisco neighbourhood, in 2016 as a collective of engineers, founders and researchers. Since then, SPC has grown from being a learning group to a platform that has raised two funds to back entrepreneurs with very early stage ideas. Having expanded to New York, SPC is now eyeing India even as it is in the process of launching its third fund. Sanghvi and Agarwal spoke to Samidha Sharma and detailed their plans for India with Flipkart cofounder Binny Bansal. Edited excerpts:

Indian Space Research Organisation (ISRO) on Monday announced that its PSLV Orbital Experimental Module-3 (POEM-3) re-entered the Earth's atmosphere without leaving any debris in orbit. The ISRO has termed it “another milestone". "The PSLV-C58/XPoSat mission has practically left zero debris in orbit," the space agency said.

Department of Telecommunications (DoT) has sought more suggestions from the telecom regulator on critical services and their regulatory requirements. «We will conduct a consultation with stakeholders on the reference from DoT regarding M2M services,» an official at the Telecom Regulatory Authority of India (Trai) told ET. The telecom industry is worried that any further delay in defining critical services would lead to security implications as currently most of the M2M communications, including in power and infrastructure sectors, are happening on non-licensed spectrum with no security parameters, putting such networks at risk.

Investing.com-- Oil prices settled higher Monday, driven by growing bets on tighter global crude supplies as Russia is reportedly set to cut oil output at a time when Ukraine continues to target the country's refineries. 

A federal judge has dismissed a lawsuit by Elon Musk’s X Corp. against the non-profit Center for Countering Digital Hate, which has documented the increase in hate speech on the site since it was purchased by the Tesla owner