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25.11 / 10:39
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Top INDIA bloc leaders, including Rahul, Tejashwi, may attend Hemant Soren's oath-taking
Hemant Soren government here on November 28, a senior leader of the grand old party said on Monday. In a stunning comeback, Hemant Soren's JMM-led alliance on Saturday stormed to power in Jharkhand for a second consecutive term, winning 56 seats in the 81-member assembly, despite an all-out blitz by the BJP-led NDA, which managed only 24 seats. Soren retained Barhait seat by defeating BJP's Gamliyel Hembrom by a margin of 39,791 votes. «All top leaders of the INDIA bloc are being invited to attend the swearing-in ceremony at Morabadi Ground here on November 28. Leader of the Opposition in Lok Sabha Rahul Gandhi, Trinamool Congress supremo Mamata Banerjee and RJD leader Tejashwi Yadav are likely to attend the event,» the Congress leader told PTI.
25.11 / 10:21
markets
UPS
security
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Investigations
India's opposition protests against billionaire facing US bribery and fraud charges
Hundreds of supporters of India’s main opposition party have protested against billionaire Gautam Adani, who was recently indicted in the U.S. for alleged fraud and bribery, and accused the government of protecting the Indian coal magnate whose compani...
25.11 / 07:25
markets
IPO
Provident
security
Analysis
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Solarworld Energy Solutions secures Rs 110 cr in pre-IPO placement round
Solarworld Energy Solutions has raised around Rs 110 crore in a pre-IPO placement round from a clutch of investors including ValueQuest Investment Advisors. With this, the fresh issue component of the company's planned IPO (initial public offering) has been reduced to Rs 440 crore, from Rs 550 crore projected earlier. In a public announcement last week, the solar energy solutions provider said it has allotted 31.24 lakh shares to investors at Rs 352.05 apiece, aggregating the transaction size to Rs 109.99 crore on November 21.
25.11 / 07:25
markets
UPS
Google
security
Experts
travelers
Investigations
Google Maps leads three men to death as car plunges from incomplete bridge into river in Bareilly, UP
Ramganga River in Faridpur, Bareilly district. The victims, traveling from Gurugram to Bareilly, were reportedly using Google Maps to navigate from Dataganj in Budaun to Faridpur via Khallpur, unaware of the bridge's condition.
25.11 / 07:01
25.11 / 06:29
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trends
Trade
Voltas shares 1.46% as Nifty
Voltas Ltd. 1.46 per cent to Rs 1677.15 in Monday's trade. It hit a high of Rs 1715.05 and low of Rs 1670.50 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 1476.95, while the 50-DMA was at Rs 1791.08. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.
25.11 / 06:29
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COST
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RITES shares soar nearly 13% after securing Rs 532 crore order from Northeast Frontier Railway
RITES Ltd soared 12.6% to their intraday high of Rs 310 on the BSE after announcing that the company has secured a major order for railway electrification work from Northeast Frontier Railway. The order value stands at Rs 531.77 crore. The original cost of the project was Rs 288.44 crore.
25.11 / 05:29
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India climbs to second position in emerging markets tracker, led by strong export growth
Subscribe to enjoy similar stories. India's economic performance improved significantly among emerging markets’ (EM) peers, driven by a remarkable rebound in exports. Despite a tumultuous stock market and the depreciation of the rupee, the country's growth was fuelled by a 17% year-on-year increase in exports in October, marking a sharp recovery after months of sluggish performance.
25.11 / 05:29
Citizens
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The supremacy of India’s Constitution is the foundation of our democracy
Subscribe to enjoy similar stories. This year, India celebrates the 75th anniversary of the adoption of the Constitution of India. It is an occasion to reflect on its importance and role in the evolution of Indian democracy.
25.11 / 05:09
security
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trends
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Siemens shares 4.75% as Nifty
Siemens Ltd. 4.75 per cent to Rs 7180.00 in Monday's trade. It hit a high of Rs 7233.50 and low of Rs 6974.50 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 6459.65, while the 50-DMA was at Rs 7096.19. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.
25.11 / 05:09
markets
COST
security
economy
PAM
Europe is already facing its next energy crisis
energy crisis for Europe, which is still reeling from extreme shocks two years ago. Escalating tensions in Ukraine have contributed to about a 45% surge gas prices this year. While levels are still far below 2022 records, they are high enough to risk deepening a cost-of-living crisis for households and intensifying competitive pressure on strapped manufacturers. Gas storage is a lifeline during the coldest periods but inventories this year are rapidly declining after frosty temperatures increased demand for heating and a wind drought required more usage for power generation.
25.11 / 04:45
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Target
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Buy Ramco Cements, target price Rs 960: ICICI Securities
ICICI Securities has a buy call on Ramco Cements with a target price of Rs 960. The current market price of Ramco Cements is Rs 930.55. The t Time period given by the analyst is a week when The Ramco Cements Ltd. price can reach defined target. ICICI Securities recommended to keep stoploss at Rs 869.9. The Ramco Cements Ltd, incorporated in 1957, is a Large Cap company with a market cap of Rs 21942.11 crore, operating in the cement sector. Ramco Cements' key products/revenue segments include Cement, Dry Mortar Mix, Scrap, Ready Mix Concrete, Power and Other Operating Revenue for the year ending 31-Mar-2024.
25.11 / 03:53
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Target
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Neogen
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Buy Neogen Chemicals, target price Rs 2,076: HDFC Securities
HDFC Securities has a buy call on Neogen Chemicals with a target price of Rs 2,076. The current market price of Neogen Chemicals is Rs 1920.9. Neogen Chemicals, incorporated in 1989, is a Small Cap company with a market cap of Rs 5035.73 crore, operating in the Chemicals sector. Neogen Chemicals' key products/revenue segments include Organic/Inorganic Heavy Chemicals and Other Operating Revenue for the year ending 31-Mar-2024.
25.11 / 03:29
Provident
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Updates
Using AI in workflow to make work less stressful
Subscribe to enjoy similar stories. Of all daily tasks, only a few contribute to true productivity. The majority of our workload is filled with routine, repetitive tasks that become exhausting over time.
25.11 / 03:29
UPS
FIVE
Fighting
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voice
Baku’s climate talks couldn’t escape the impact of Trump’s US victory
Subscribe to enjoy similar stories. The CoP-29 climate summit at Baku closed with a measly deal that has deeply disappointed the developing world and civil society in developed countries. So much so that the spokesperson for the Indian delegation to the annual series of UN-mandated climate talks called the final agreement an “optical illusion." India’s voice matters at such forums our delegates make sure it is heard loud and clear.
25.11 / 01:51
markets
COST
security
Strategy
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cover
How to create financial plan for family with special needs child
retirement. Vansh has life and health insurance, but they also have a car loan. How do they navigate these challenges? Sonia and Vansh Kumar need to focus on three key areas: budgeting for Sara’s care, revising their financial plan, and estate planning for her future. They must account for all the expenses related to Sara’s disability, including therapies, tutoring, transportation, and nursing care. Since therapies are costly, they should fit these into their monthly budget and start a ‘special needs fund’ for her future care. Avoiding excessive debt is crucial as it could derail their financial stability. The Kumars should review their life and health insurance coverage and increase the cover size. Both parents must have life insurance to fund Sara’s caregiving needs in their absence. Instead of focusing only on their retirement, they should prioritise building a childcare corpus for Sara. Additionally, they should explore health insurance and medicare options for individuals with special needs to reduce future medical expenses.
25.11 / 00:35
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Adani bulls cut positions before news of US indictment
Subscribe to enjoy similar stories. Mumbai: Two days before a US court indicted senior officials of Adani Green Energy for allegedly bribing Indian state government officials to secure lucrative power contracts, bulls on two of the group companies' derivatives counters slashed their long positions, saving them from massive losses that hit the group shares after the news broke. A report of the allegations, dismissed as "baseless" by the Adani Group, surfaced early on Thursday morning, leaving investors with a ₹2.24-trillion hole in their pockets at the end of the day.
24.11 / 19:43
UPS
Platform
security
wellness
information
rights
China to crack down on cos using unfair algorithm-based practices
Chinese government has started a special program to crack down various unfair and non-compliant practices on the internet to safeguard the interests of netizens and companies, according to a statement from the Cyberspace Administration of China on Sunday. From today through Feb. 24, 2025, regulators will rectify malpractices such as creating so-called information cocoons via homogeneous push notifications, manipulating and interfering with rankings to hype up hot topics, as well as infringing on people's rights to do business via the internet, according to the statement. An information cocoon is when a platform chooses to expose the user to results based on expressed interests, tastes and preferences.
24.11 / 19:43
markets
Booking
Entertainment
security
awards
film
Experts
Abundantia Entertainment scouts for strategic partner to raise Rs 200 to Rs 250 crore
Abundantia Entertainment, the studio behind films like Baby, Airlift, and Toilet-Ek Prem Katha, is reportedly looking to raise '200-'250 crore to fuel its ambitious content creation plans over the next two years, according to sources familiar with the matter. Led by Vikram Malhotra, former COO of Viacom18 Motion Pictures, the studio is actively engaged in discussions with a prominent strategic partner from the West. Sources also highlighted significant domestic interest, with two investment banks managing the process. «Given the level we have achieved and the robust slate and order book we possess, we have initiated the process for our next strategic capital raise,» Malhotra told ET in response to queries, without providing further details.
24.11 / 19:43
markets
Action
security
Strategy
awards
Experts
cover
Vodafone Idea misses Rs 350-crore bank guarantee payment; may not face penal action
Vodafone Idea (Vi) missed paying its second bank guarantee (BG) of about '350 crore to cover for spectrum bought in a 2012 auction and which was due November 1, said officials familiar with the matter. This follows India's third-largest telecom operator missing payment of more than '4,600 crore BG this September for a 2016 spectrum auction. The Department of Telecommunications (DoT) is, however, unlikely to invoke any penal action against the struggling telco till a decision is taken on a DoT proposal to waive BG for spectrum auctions. «The draft Cabinet note on the waiver has been prepared and circulated and it will be sent for approval soon,» an official told ET. A second official said the law ministry and the finance ministry are yet to reply on the note but still it might be sent to the Cabinet to take a final call on the matter.
24.11 / 18:43
markets
Digital
security
reports
Schools
Colleges
fencing
Manipur withdraws order, to keep schools, colleges closed for two more days
On Sunday night, the Manipur government ordered that schools and colleges will remain closed for two more days on Monday and Tuesday, withdrawing its earlier orders. Earlier, separate orders were issued by Director of Education (S), L Nandakumar, and Daryal Juli Anal, Joint Secretary of Higher and Technical Education which said that normal classes for all schools and colleges in Manipur would start from November 25. Educational institutions suspended classes following the large-scale violence over the killing of six civilians, including three women and three minors.
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