Security Financial News

LTIMindtree, India’s sixth largest IT services company, has secured an extension of a key contract from European payment solutions provider Nexi Group, the Mumbai-based firm said on Tuesday. As a part of the partnership, LTIMindtree will leverage its technical expertise and solutions to optimise Italy-based Nexi's core platforms, aiming to enhance performance, innovation and scalability, LTIMindtree said in a statement. LTIMindtree will also manage Nexi's hybrid infrastructure, enabling a seamless integration of on-premise and cloud-based solutions, while supporting the company’s digital transformation efforts, the company said.

Phuket to Delhi in five hours has turned into a four-day ordeal for many travellers aboard Air India Flight AI 377. The flight, which was scheduled to depart at 5:50 pm (local time) on November 16, had to be delayed due to technical issues and crew flight duty time restrictions. The Airbus A320 (VT-EDD) was unable to take off on its scheduled time, and after a delay of nearly 24 hours, the flight took off from Phuket at 8:44 pm the next day. However, after about 3.5 hours in the air, the aircraft had to return to Phuket due to a technical snag. As of now, around 30-35 passengers remain stranded in Phuket. In a TOI report, Air India sources confirm that plans are in place to fly these passengers back to Delhi on Wednesday, meaning they will reach their destination four days later than originally expected.

Elcid Investments, which became an overnight sensation on D-Street after its stock price surged 66,92,535% in a single session on October 29, 2024, has corrected by 19% in the last six trading sessions. After hitting a peak of Rs 3,30,473.35 on the BSE on November 8, the stock has been on a downhill. On Tuesday, it settled at Rs 2,68,336.80.

Subscribe to enjoy similar stories. As regular readers of this column will know by now, I have long advocated the benefits of embedding regulatory principles directly into digital infrastructure.

TCIL) is likely to sell its remaining 15% share in Bharti Hexacom in multiple tranches for a windfall income. «The government is considering selling out 15% share in Bharti Hexacom in two or more tranches to maximise the proceeds.Decision not to sell the complete stake in one go previously helped the government to maximise its return by more than 60% over its target value of Rs 9,500-crore. Selling the balance stake in multiple tranches will further enhance value maximization for the government,» a senior Department of Telecommunications (DoT) official told ET. In April this year, the public sector firm sold 15% equity of the total 30% it had in Sunil Mittal-driven Bharti's unit Bharti Hexacom that fetched Rs 4,275-crore to the state exchequer at Rs 570 per share.

Amit Shah on Tuesday said the BJP-led government at the Centre succeeded in bringing down violence in Jammu and Kashmir, North-East and Naxal-hit areas by 70 per cent in the last 10 years. Speaking at the inaugural event of the 50th All India Police Science Conference at the Rashtriya Raksha University here, he said the coming decade is going to make the Indian criminal justice system the most scientific and fastest in the world.

₹1000 off on exchange. ISI marked for quality assurance. Check out the latest Amazon deals on best water purifiers and enjoy pure water every day.Filtration: RO + UV + UF with TDS controlTank Capacity: 8LFlow Rate: 20 LPHWarranty: 4 years free service, ISI MarkedThe Aquaguard Sure Delight NXT 6-Stage Water Purifier combines RO+UV+UF technology to ensure the purest water for your home.

Narendra Modi and UK Prime Minister Keir Starmer held their first bilateral talks on Monday at the G20 Summit in Rio de Janeiro, Brazil. The two agreed to strengthening the UK-India ties, with a focus on areas such as technology, green energy, security, and innovation. An important topic that was raised during the talks was the issue of Indian economic offenders residing in the UK, which the Prime Ministers acknowledged as a concern.

HDFC Asset Management Company Ltd. 0.47 per cent to Rs 4198.95 in Tuesday's trade. It hit a high of Rs 4230.45 and low of Rs 4170.90 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 4040, while the 50-DMA was at Rs 4405.71. 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.

Ambuja Cements Ltd. traded 0.89 per cent in Tuesday's trade at 12:23PM (IST). Around 30,746 shares changed hands on the counter. The scrip opened at Rs 550.05 and touched an intraday high and low of Rs 560.00 and Rs 550.05, respectively, in the session so far. Shares of the company of Ambuja Cements Ltd. quoted a 52-week high of Rs 706.85 and a 52-week low of Rs 408.60.

The finance ministry is likely to seek approval of the federal cabinet in the coming months to dilute the stake in Central Bank of India, Indian Overseas Bank, UCO Bank, and Punjab and Sind Bank, the source said.

On the BSE, Bhartia Bachat(down 10.77 per cent), Maximus Intl.(down 9.99 per cent), Medico Remedies(down 9.99 per cent), Stellar Capital Svcs(down 9.75 per cent) and Honasa Consumer(down 9.73 per cent) were among the stocks that plunged over 5 per cent during the session.

REC Ltd. traded 3.77 per cent up at Rs 520.00 at around 10:19AM (IST) on Tuesday. The stock had closed at Rs 501.10 in the previous session. Equity benchmark Sensex traded 761.46 points at 78100.47 around the same time.

Axis Securities has a buy call on Ambuja Cements with a target price of Rs 601. The current market price of Ambuja Cements is Rs 548.55. Ambuja Cements, incorporated in 1981, is a Large Cap company with a market cap of Rs 134708.22 crore, operating in the Cement sector. Ambuja Cements' key products/revenue segments include Cement, Other Operating Revenue and Scrap for the year ending 31-Dec-2021.

Around 29 stocks in the smallcap space gained 25% or more at a time when the BSE smallcap index has fallen nearly 14% from its peak. JSW Holdings saw a multibagger surge of 118%, followed by Nalwa Sons Investments, whose shares rallied 70% during this period.

Tube Investments of India Ltd. 2.74 per cent to Rs 3529.55 in Tuesday's trade. It hit a high of Rs 3584.35 and low of Rs 3417.70 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 3932.42, while the 50-DMA was at Rs 4156.31. 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.

Saudi Arabia's arid climate challenges mirror those faced by regions like Rajasthan, presenting a unique opportunity for collaboration and knowledge sharing, a Saudi minister official said on Monday. Dr Osama Faqeeha, Deputy Minister of Environment, Water and Agriculture, and Advisor to the United Nations Convention to Combat Desertification (UNCCD) COP16 Presidency, made the remarks days ahead of the COP16 meeting to be held in Riyadh from December 2 to 13 under the theme — 'Our Land. Our Future'. «Successful initiatives like the Ghandivan project in Jaipur, which has transformed a barren wasteland into a thriving ecosystem through community-driven efforts, offer valuable insights that can be adapted across different regions,» he said, adding that Saudi Arabia is leveraging water conservation practices and pursuing ambitious rural development programs. «We are focused on raising awareness of the impact of land degradation, drought, and desertification. The scale of our challenge is stark: globally, we lose land equivalent to four football fields every second, amounting to 100 million hectares annually,» Faqeeha said.

Subscribe to enjoy similar stories. TEL AVIV—As Israel advances its invasion of southern Lebanon, its troops are finding large troves of Russian weapons, confirming longstanding suspicions in Israel that Hezbollah is enhancing its fighting capacity with the help of sophisticated Russian arms. Some of the weapons, which include modern Kornet antitank missiles manufactured as recently as 2020, were sent to southern Lebanon in recent years from Russian stockpiles in neighboring Syria, according to Syrian security officials and an Arab official.