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REC jumped 6% to Rs 284 in Wednesday's trade on BSE after the firm signed a memorandum of understanding (MoU) with Punjab National Bank (PNB) to jointly fund projects in the power sector and infrastructure & logistics sector. The collaboration aims to co-finance debts totalling Rs 55,000 crore over the next three years under a consortium arrangement. At 11.26 a.m., the scrip was trading 5.6% higher at Rs 282 on BSE. On a year-to-date, it has delivered multibagger returns of 135%, while it has rallied nearly 200% in the past one year. As per Trendlyne data, the average target price of REC is Rs 261, which shows a downside of 8% from the current market prices.

Also read: Nijjar killing row: ‘Canada has seen a lot of organized crime’, says Jaishankar She added, "We are also requesting a briefing on whether there are similar operations in the United States". Following Omar's remark MP Chaturvedi urged India's foreign ministry to start an enquiry into how an elected representative in the USA is interfering in the peace of Jammu & Kashmir via a Pakistan-funded PoK visit. Omar reportedly visited to Pakistan-occupied part of the disputed region of Kashmir or PoK in 2022.

PI Industries Ltd. traded 0.14 per cent up at Rs 3410.5 at 12:12PM (IST) on Wednesday, even as BSE benchmark Sensex dropped 46.41 points to 65899.06.

Space Administration (NASA) has shared pictures of a space object that looks like a dumpling. «Ravioli, pierogi, empanada? No, that… What do you see? No wrong answers,» NASA asked in an Instagram post. The space agency then clarified that the object is actually the innermost moon of Saturn. NASA revealed that its Cassini spacecraft took the images from 15,300 miles (24,600 km) which happens to be its closest encounter with the moon, which is called Pan. «Pan, the innermost of Saturn’s known moons, orbits the planet from inside a gap in one of Saturn's rings. It completes an orbit every 13.8 hours at an altitude of 83,000 miles (134,000 km).

FMCG) sector, reported TOI. According to data from the retail intelligence platform Bizom, smaller product sizes have experienced a more rapid growth rate compared to medium or high-priced alternatives across most FMCG categories. The data revealed that overall sales decreased by approximately 11% in August 2023 compared to the previous year. The rain deficit in August appears to be fuelling the downtrading phenomenon, said Akshay D’Souza, Bizom’s chief of growth and insights. Procter & Gamble Hygiene and Health Care’s VP (finance) Gautam Kamath said, “Retail inflation for the months of July and August have averaged 7% and August rainfall has shown an 11% negative deviation from norm, driving the caution.

McKinsey & Co has agreed to pay $230 million in its latest settlement to resolve lawsuits alleging it fueled a US opioid epidemic through its role advising drug manufacturers, according to court documents filed Tuesday. Thousands of lawsuits, brought by US local governments, schools, Native American communities, and parents on behalf of children born with withdrawal symptoms, accused McKinsey of strategizing with drug manufacturers to aggressively market prescription opioids «to maximize opioid revenues», the filings showed. McKinsey will pay $207 million to resolve claims by counties and municipalities, and $23 million to resolve claims by public school districts. Opioids are the main cause of drug overdose deaths in the United States, according to the US Centers for Disease Control and Prevention, with more than 75 percent of all drug overdose deaths in 2021 linked to them. McKinsey had already paid more than $640 million in 2021 to resolve lawsuits raised by 50 state attorneys-general over its work for bankrupt OxyContin maker Purdue Pharma and others. Tuesday's court filing said McKinsey had created and implemented marketing strategies for Purdue «before and after» the manufacturer's first guilty plea in 2007 relating to misbranding of OxyContin. The settlement still requires a judge's approval. McKinsey has consistently maintained its past work was lawful, but firm has said it ceased to advise clients on opioid-related business in 2019. «We did not adequately acknowledge the epidemic unfolding in our communities or the terrible impact of opioid misuse and addiction on millions of families across the country,» it said in a statement released in in 2020. «That is why last year (2019) we stopped doing any work

CBRE. Bangalore, Delhi-NCR and Mumbai are among the top 3 cities spearheading green-compliant office spaces with a cumulative share of 68% of the total, green-certified office stock in India.

A South Korean court has jailed a former senior executive of the crypto trading platform Coinone for taking bribes in exchange for listing altcoins.

Management Studies in Crisis: Fraud, Deception and Meaningless Research. By Dennis Tourish. Cambridge University Press; 312 pages; $32.99 and £24.99 A good place to start in studying management is to understand how much nonsense and jargon-filled waffle has been written on the subject.

Also Read: Corporate investments are still to show a long-awaited recovery After a stellar 7.8% expansion last quarter, economic growth was expected to moderate to 6.4% in July-September quarter and then drop to 6.0% in the October-December period before slowing to 5.5% in early 2024. A majority of economists, 22 of 36, who answered an additional question said the risks to their FY 2023/2024 GDP growth forecasts were skewed to the downside.

SBI Cards and Payment Services Ltd. gained 0.63 per cent to Rs 792.0 at 10:30AM (IST) in Wednesday's trade. The stock has hit a high of Rs 799.5 and low of Rs 789.35 so far during the session.

Godrej Consumer Products Ltd. gained 0.91 per cent to Rs 987.0 at 10:25AM (IST) in Wednesday's trade. The scrip has hit a high of Rs 988.0 and low of Rs 973.45 so far during the session.

Indian Hotels Company Ltd. gained 0.52 per cent to Rs 412.5 at 10:20AM (IST) in Wednesday's trade. The scrip hit a high of Rs 414.3 and low of Rs 412.0 so far during the session.

Canada on June 18, according to video footage reviewed by The Washington Post. The Sikh community members, who were allegedly present in the vicinity of the attack, informed that two of the attackers fired around 50 bullets. Of these, 34 hit Hardeep Singh Nijjar, the report said.

Here’s some of the charts looking at what’s at stake: Indians make up nearly a fifth of immigrants to Canada, the highest share from a single place of birth since 1971, according to government data. However, remittances from Canada were less than 1% of the total flowing into India and this is in part due to immigrants permanently settling down in Canada and bringing over their families. Immigration accounts for 90% of Canada’s labor force growth as there is fast-aging working population.

A proposed early-stage trade deal is in jeopardy, potentially hurting India’s efforts to woo the West and serve as a supply-chain alternative to China. India’s access to Canadian potash, a key nutrient for crops, may get affected. Indian students may start avoiding Canada for higher education after New Delhi issued a safety advisory on the country for “anti-India” activities.

Dancing with the Stars was not just an ordinary start to the competition. It was a heartfelt tribute to the late head judge, Len Goodman, who passed away in April 2022 at the age of 78. This beloved ballroom dancing legend was remembered and honored in a touching ceremony led by co-hosts Alfonso Ribeiro and Julianne Hough. Tribute to Len Goodman: As the episode began, Alfonso Ribeiro acknowledged Len Goodman's absence, setting the stage for a touching tribute. Julianne Hough expressed the sentiment that Len had been a part of nearly all 31 seasons of Dancing with the Stars, making him irreplaceable. She emphasized the desire to keep his spirit alive. A poignant moment came when a photo of Len Goodman appeared on the screen behind the ballroom floor. This image transitioned to the new Mirrorball Trophy, which has been renamed the Len Goodman Mirrorball Trophy in his honor. Julianne Hough affirmed, «Len will always be going forward with us,» while Alfonso Ribeiro added, «As a tribute to him, we redesigned and renamed our ultimate prize.» The co-hosts also assured viewers that the show has a «spectacular tribute to Len from our dancers that you won't wanna miss» planned for a few weeks later in the season. This further signifies the profound impact Len Goodman had on the show and the dancing community. Len Goodman's passing in April 2022 was a somber moment for fans and the dance world alike. He had battled bone cancer and passed away peacefully in Kent, England, surrounded by his family.

Manipur CM N Biren Singh assured people here that both the state and central government are closely working together to nab the perpetrators. In a post on X (formerly Twitter), Biren Singh said, “In light of the distressing news that emerged yesterday regarding the tragic demise of the missing students, I want to assure the people of the State that both the state and central government are closely working together to nab the perpetrators." “To further expedite this crucial investigation, the Central Bureau of Investigation (CBI) Director, along with a specialized team, will be arriving in Imphal in a special flight.

Sensex closed flat with a lower bias following weak cues from global peers as the US Treasury yields hit a multi-year high and the US dollar rose to a 10-month high level amid concerns over interest rates staying high for an extended period and its impact on the global economy. The Sensex closed 78 points, or 0.12%, lower at 65,945.47, while the Nifty 50 finally ended at 19,664.70, down 10 points, or 0.05%. Also Read: 6 things that changed for the stock market overnight - Gift Nifty to falling US consumer confidence Nifty formed a small body of negative candle on the daily chart with minor upper and lower shadow.

Grant Samuel co-chief executive Guy Fergusson is set to step away from the investment advisory boutique after four years in the top job, Street Talk understands.

Also Read: Day trading guide for today: Six buy or sell stocks for Wednesday —September 27 Here are key domestic and global markets cues for the Indian stock market today: Asian markets traded mixed on Wednesday following overnight losses on Wall Street amid concerns over a longer period of higher interest rates. Investors await China’s industrial data and Australia’s August inflation figures due today. Japan’s Nikkei 225 declined 0.71% and the Topix fell 0.63%.