Rock Financial News

Explosives and fertiliser group Incitec Pivot says it is still in talks about a potential sale of its fertilisers business in a complicated transaction, even though the asset is performing below expectations as farmers switch to lower-margin products.

A Delhi court began hearing an UAPA case filed against Umar Khalid, Sharjeel Imam and several others from Monday. It pertains to the North East Delhi Riots that took place in 2020 amid protests over the over the Citizenship Amendment Act and National Register of Citizens. The matter will be heard by Special Judge Amitabh Rawat at the city's Karkardooma court on a day-to-day basis.

By Dawn Chmielewski

In this article, we delve into the world of these innovative chairs, exploring the features that make them a must-have for gamers. From adjustable footrests to lumbar support and stylish designs, we'll guide you through the best options on the market. Check out the best-selling gaming chairs with footrests for overall comfort.

By Ahmed Eljechtimi

New Delhi: State-run ONGC on Sunday said that the recent oil spill from a crude oil storage tank at its plant in Uran, a coastal town in Maharashtra, has not caused any damage to farmers and fishermen and has described the incident as a "minor" oil spill. The statement comes after the oil spilled into a stormwater drainage channel.

ONGC) on Sunday said there was no damage to either farmers or fishermen due to last week’s minor oil spill near Uran in Mumbai. «In the morning hours of September 8, 2023, a minor quantity of oil leaked from one of the crude oil storage tanks at ONGC Uran Plant. Due to heavy rains, the leaked oil entered the stormwater drain channel,» ONGC said in a press statement, adding that as the quantity of oil leakage from the plant area was minimal, the leaked oil got trapped between rocks on the beach with only traces reaching the shoreline. «Immediately, the Oil Spill Response (OSR) team from ONGC was deployed to avoid the ingress of oil into the sea and cleaning of the shoreline commenced on war footing.” Undersea pipelines bring crude oil from ONGC’s fields in the Arabian Sea to Uran before transferring it to refineries for processing.

Sanjiv Bhasin, Director, IIFL Securities, says “Mr Vaidyanathan, according to me, is the best banker in India. I see no letup in this stock. Yes, it is an expensive stock. It has run up far in excess but who is to blame? There was so much under-ownership and IDFC First is headed higher. Bhasin also says that “Page Industries is a must-have. It is one of the best consumer stocks. Wait for declines to add some. Also, Indian Hotel or a Devyani or a United Spirits cannot be rebuilt.”IDFC First Bank has managed to outperform its other banking peers but do you think most of the rally is over and it is time to switch into other names?For the last two years, I was advocating this stock at Rs 30-35. And there would always be the argument on why should it perform? It was a lending institution and so on. And I only pursued that stock on the basis of Mr Vaidyanathan. Today, there is a sell report or whatever, but Morgan Stanley has been bearish from Rs 30. How will he justify Rs 100? The business is humongous.

AFP reported. After departing from the G20 summit in New Delhi, Biden is scheduled to hold a meeting with Nguyen Phu Trong, the leader of Vietnam's ruling Communist Party. During this visit, it is anticipated that they will formalize a "comprehensive strategic partnership," marking the highest level of diplomatic relations between Hanoi and Washington.

NOAA Ocean Exploration researchers found a mysterious ‘golden egg’ like object while diving on a seamount in the Gulf of Alaska, the federal organization shared a blog on its official website. Initially, NOAA referred to the still-unidentified object as a ‘yellow hat’ but now it calls it a ‘golden egg’ or ‘golden orb’.

By David Randall

The U.S. Army Corps of Engineers on Friday released its draft environmental impact statement of the Dakota Access oil pipeline, but said it's waiting for more input before deciding the future of the line’s controversial river crossing in North Dakota

By Valerie Volcovici

Freddie Mercury used to compose almost all of his greatest songs and the original manuscript for «Bohemian Rhapsody» were snapped up for over £3 million Wednesday when they went under the hammer in London. The Sotheby's auction room echoed to the sound of the track «We Will Rock You» before bidding began at the black-tie evening auction. The items were among over 1,400 lots of Mercury memorabilia up for grabs over the next week, with the famous auction house's facade decorated with a huge moustache for the occasion. The 59 lots sold on Wednesday brought in £12,172,290, Sotheby's said, adding that each one went for more than double the estimated price. Mercury's Yamaha quarter-tail piano went for £1,742,000 ($2,198,927), including buyer's premium and fees, while the manuscript for the epic hit song «Bohemian Rhapsody» fetched £1,379,000. Auctioneer Oliver Barker called the «Bohemian Rhapsody» lyrics — contained in 15-pages of pencil and ballpoint pen remarks — a «modern cultural icon». The manuscript also reveals that Mercury, who died from AIDS in 1991, originally intended to call the song «Mongolian Rhapsody». Mercury's cherished baby grand was purchased by the charismatic star in 1975 after an exhaustive six-month search for «the ideal instrument to bring to life» his compositions. A record 2,000 bidders from 61 countries registered to take part in the sale. Part of the proceeds will be donated to the Mercury Phoenix Trust and the Elton John Aids Foundation, two organisations involved in the fight against AIDS. «I miss Freddie to this day.

WASHINGTON—Ashley Lair was struggling to pay rent when she decided to leave her bartending job last year and pursue a new career in the construction industry. Now, a year into her apprenticeship, Lair drives haul trucks and transports dirt, gravel and rocks for a highway project. She earns $38 an hour, plus overtime—more than double her pay as a bartender.

Freddie Mercury wore with an ivory satin catsuit in the 'Bohemian Rhapsody' video sold Wednesday for the highest price ever paid at auction for a piece of jewelry owned by a rock star as the late Queen front man's most prized possessions were sold, Sotheby's said. The bracelet went for 698,500 pounds ($881,000) — 100 times its estimated low price — as the singer and songwriter's flamboyant stage costumes, handwritten drafts to hits such as «We are the Champions» and the baby grand piano he composed Queen's greatest hits on went up for sale. The item broke a record set when John Lennon's leather and bead talisman sold for 295,000 pounds ($368,000) in 2008, Sotheby's said. The auction opened with the sale of the graffiti-tagged door to the garden of Mercury's home rapidly blowing past the high estimate of 25,000 pounds ($31,250) projected before the sale. The green door covered in hand-painted love notes from fans who made a pilgrimage to the house in the tony Kensington section of London sold for an eye-popping 412,750 pounds ($521,000) that included a buyer's premium. The collection was amassed by Mercury after Queen's glam-rock produced an avalanche of hits that allowed the singer to achieve his dream of living a Victorian life «surrounded by exquisite clutter.» More than 1,400 items are being sold by Mercury's close friend, Mary Austin, to whom he left his house and all its possessions when he died of AIDS-related pneumonia in 1991 at 45. Some of the proceeds from a series of live and online auctions were to go to charities.

Most of the world’s efforts to remove carbon from the atmosphere use giant, vacuum-like devices that suck in air and isolate the carbon. Microsoft is funding a new approach that uses crushed-up limestone to achieve the same result. The tech company said Thursday it agreed to buy credits from startup Heirloom Carbon for the removal of up to 315,000 metric tons of carbon dioxide over 10 years.

India is among the first in the world to regulate ESG rating providers and the country’s minimum requirement for funds to invest — according to their stated strategy — is “a high bar,” said Hannah Lee, JPMorgan’s head of ESG equity research for the Asia-Pacific region. “Where India stands out in terms of being trailblazing is probably its level of ambition and some of the thresholds that it has,” she said in an interview. India rolled out several measures over the past two years to regulate its market for green and other assets, most recently allowing domestic fund managers to launch plans under six types of ESG strategies.

Kourtney Kardashian Barker and Travis Barker's unborn baby is now declared safe following an “urgent fetal surgery.” The eldest Kardashian sister, aged 44, disclosed on Wednesday that she was admitted to the hospital last week. She shared an Instagram photo, seemingly in a hospital bed, holding her husband's hand. In her caption, she expressed her enduring gratitude to her medical team for saving their baby's life.

Bank OZK had two branches in rural Arkansas when chief executive officer George Gleason bought it in 1979. The Little Rock lender today has billions of dollars in commercial real-estate loans, including for properties in Miami and Manhattan, where it is helping fund the construction of a 1,000-foot-tall office and luxury residential tower on Fifth Avenue. Regional banks across the country followed a similar playbook, gorging on commercial real-estate loans and related investments in big cities over the past decade.

The Rolling Stones are returning with their first collection of original songs since 2005. The British rock-music architects held a media event in Hackney, an area in east London, on Wednesday where they unpacked details of their coming album, “Hackney Diamonds." As part of the event, Mick Jagger, Keith Richards and Ronnie Wood fielded questions from American comedian and late-night show host Jimmy Fallon. The launch, which was livestreamed on YouTube, followed a teaser campaign that included a snippet of a new song and a mysterious advertisement placed in the Hackney Gazette, a local newspaper.