Software Financial News

11.12 / 08:39
markets Digital Booking Action Software PAM social Making a $1 billion investment in the US? Trump pledges expedited permits - but there are hurdles
Donald Trump is promising expedited federal permits for energy projects and other construction worth more than $1 billion. But like other Trump plans, the idea is likely to run into regulatory and legislative hurdles, including a landmark law that requires federal agencies to consider the environmental impact before deciding on major projects. In a post on his Truth Social site Tuesday, Trump said anyone making a $1 billion investment in the United States «will receive fully expedited approvals and permits, including, but in no way limited to, all Environmental approvals.» «GET READY TO ROCK!!!» he added.
11.12 / 08:39
markets Analysis Software Research Trade Experts show Share price of Tata Elxsi as Sensex gains 74.32 points
Tata Elxsi Ltd. 0.62 per cent to Rs 7356.90 at 01:43PM (IST) in Wednesday's trade. The counter hit a high of Rs 7413.00 and low of Rs 7328.00 so far during the session. The stock had closed at Rs 7403.00 in the previous session. The counter had a total traded volume of 01:43PM shares so far with a turnover of Rs 2.72 crore on BSE. The stock traded at a price-to-earnings multiple of 56.01 and a price-to-book ratio of 19.34.
11.12 / 08:39
markets Digital Software awards Experts PAM track Bengal: Rail blockade withdrawn after 5 hours; 2 trains cancelled, several diverted
Greater Coochbehar People's Association (GCPA) at Jorai railway station in Alipurduar division of Northeast Frontier Railway (NFR) started at 6.45 am, and was withdrawn around 11.45 am, following which normal train movement was restored, he said. The agitators said they were holding the «indefinite» rail blockade to press for their demand for the creation of 'Greater Coochbehar'. Thousands of protesters had assembled at the station in the morning and blocked tracks, prompting the deployment of a large number of RPF, GRP and local police personnel to prevent any untoward incident, the NFR official said.
11.12 / 08:39
markets Digital Software economy Food PAM reports ADB lowers India's GDP growth forecast to 6.5 pc for FY25
Asian Development Bank (ADB) on Wednesday lowered India's economic growth forecast to 6.5 per cent for the current financial year from its earlier estimate of 7 per cent due to lower-than-expected growth in private investment and housing demand. The multilateral development bank has also lowered India's growth forecast for 2025-26 financial year. Changes in US trade, fiscal, and immigration policies could dent growth and add to inflation in developing Asia and the Pacific, according to the latest edition of Asian Development Outlook (ADO). The report also said Asia and the Pacific's economies are projected to grow 4.9 per cent in 2024, slightly below ADB's September forecast of 5 per cent.
11.12 / 08:39
markets UPS Digital security Software awards students LIC Golden Jubilee Scholarship Scheme 2024: Scholarship amount increased up to 100% this year; Know which courses get highest funds
Life Insurance Corporation of India (LIC) has published the finer details of the Golden Jubilee Scholarship Scheme 2024. In comparison to the 2022 scheme, the amount given has been increased this year by up to 100% in some cases. Moreover, in the 2024 scholarship scheme some new categories like medical courses, engineering courses, and other categories have been introduced. Overall, the scope of this scholarship has been increased. But, before taking a final call, you must know that if you are pursuing a course through correspondence or part time (evening or night classes) and/or through Open Universities then you are not eligible for this Scholarship. Read below to find out the details of the scholarship amount and who is eligible and under what category.
11.12 / 02:39
markets Google Strategy Software Experts reports Schools Google asks FTC to break up Microsoft's cloud deal with OpenAI: report
The conversation happened after the U.S. Federal Trade Commission asked Google about Microsoft's business practices as part of a broader investigation, the report said, citing a person directly involved in the discussion. Tech companies that compete with Microsoft in renting out cloud servers, such as Google and Amazon, also want to host OpenAI's models so that their cloud customers don't need to access Microsoft servers to get access to the startup's technology, the report said.
11.12 / 02:39
Software Southern Inside reports prevention Israel denies forces operating beyond Syrian buffer zone
Israel Defense Forces on Tuesday denied reports that soldiers were operating beyond a buffer zone along the Israel-Syrian border. «Reports circulating in some media outlets claiming that IDF forces are advancing or approaching Damascus are completely incorrect,» tweeted Col. Avichah Adraee, the IDF's Arabic language spokesperson. «IDF forces are present inside the buffer zone and at defensive points close to the border in order to protect the Israeli border.» He was contradicting a Reuters report saying Israeli forces had reached the southern village of Qatana, which is 10 km inside Syria and were within 25 km of Damascus.
11.12 / 02:39
markets Digital Strategy Software Experts Schools Delhi temperature falls to 6 degree Celsius; Check weather forecast for the national capital, Noida, Gurgaon
A day after recording 'moderate' AQI, Delhi's air quality slipped into 'poor' category on Tuesday, with forecast suggesting it will remain the same for the next couple of days. The 24-hour average Air Quality Index (AQI) of the city was recorded at 234 at 4 pm on Tuesday, marking a drop from Monday's 'moderate' reading of 186. The Central Pollution Control Board (CPCB) classifies AQI between 0 and 50 as 'good', between 51 and 100 as 'satisfactory', between 101 and 200 as 'moderate', between 201 and 300 as 'poor', between 301 and 400 as 'very poor', and above 400 as 'severe'.
11.12 / 02:19
markets Digital Manufacturing CEO Assurant Strategy Software S&P Global downgrades Intel's credit rating on slow recovery, management changes
The chipmaking icon's revenue for the first nine months of this year, which was roughly flat year-on-year at $38.84 billion, was below the ratings agency's expectations, S&P Global said. The departure of CEO Pat Gelsinger, who was critical to the Intel's integrated manufacturing strategy, also adds uncertainty to the execution of the company's turnaround plan, S&P Global said.
11.12 / 02:19
Digital Platform Software Netflix social information Parliamentary Panel to discuss OTT content with industry bodies
Indian Motion Picture Producers' Association and the America's Motion Picture Association, which has an office in India, to present their views on the issue of over-the-top (OTT) content on December 20. The committee, chaired by Lok Sabha member Nishikant Dubey, will deliberate on the topic, "Emergence of OTT Platforms and Related Issues," with representatives from these associations. This development follows Information and Broadcasting Minister Ashwini Vaishnaw's request for the parliamentary standing committee to take up the issue of strengthening existing laws governing social media and OTT platforms on a priority basis.
11.12 / 02:19
markets Digital Waters Software President War reports Taiwan reports continued surge in Chinese military activity
Chinese military activity around the island on Wednesday, including 53 military aircraft, with Taiwan on high alert over Beijing's latest pressure campaign. China's military has yet to comment and has not confirmed it is carrying out any military exercises. China, which views democratically governed Taiwan as its own territory, had been expected to launch drills to express its anger at President Lai Ching-te's tour of the Pacific that ended on Friday, which included stopovers in Hawaii and the U.S. territory of Guam.
11.12 / 02:11
UPS CEO Software Tesla reports Investigations GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
General Motors says it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit
11.12 / 00:25
markets Digital Software economy Align awards Experts Inflation-growth balance key task ahead for RBI: Shaktikanta Das
Reserve Bank of India (RBI), its outgoing governor Shaktikanta Das said Tuesday, while underscoring the 'excellent' rapport between the Centre and its money manager and alignment of objectives. Sanjay Malhotra, revenue secretary in the finance ministry, takes charge as the 26th governor Wednesday. «Restoring the inflation-growth (balance) is the most important task ahead for the RBI,» Das said in his last interaction with the media as the 25th governor of the nine-decade-old central bank. «I am sure Team RBI, under the leadership of the new governor, will take it forward,» said Das, who has had the longest tenure as Mint Road boss after India began unshackling its economy in 1991. As Das completes his second three-year term, India's consumer inflation gauge has touched a 14-month high of 6.2% in October. Murmurs are increasingly audible within the all-powerful rate-setting panel, too, for a cut in policy rates after the pace of economic growth unexpectedly slumped to a seven-quarter low of 5.4% in the three months to September.
11.12 / 00:25
markets Digital Strategy Software Sustainability Nov Experts Thematic funds lose some charm in Nov, SIPs maintain flows
equity mutual funds in November, reflecting the impact of fewer thematic or sector-specific new offerings through the month that also coincided with sustained exits from local risk assets by overseas investors. Systematic investment plans (SIP) stayed stable even as total flows to growth-oriented funds shrank 14%, to ₹35,943 crore, from October's ₹41,887 crore. Monthly net subscriptions to thematic funds fell to this fiscal year's second-lowest level, at ₹7,658 crore. This marks the lowest inflows into the category since April. Net inflows into the category, which peaked at ₹22,352 crore in June, never declined below ₹12,000 crore between May and October, on multiple new fund offerings by the industry.
11.12 / 00:25
markets JPMorgan security Software Covenant Justice Department Adani Group's $1.7 bn debt, taken for 3 entities, maturing by March
Adani Group faces nearly $1.7 billion in upcoming debt maturities at three of its businesses -ports, cement, and renewable energy-over the next quarter, investment banking sources aware of the syndicated loan terms and coupon timelines told ET. The biggest of these maturities is a $1.05-billion construction loan taken for Adani Green Energy, which is due March next year. Adani Cement-which houses Ambuja Cements and ACC-also has a $300-million loan due March, while there is a $290-million credit facility for Adani Ports and SEZ due January, according to the sources cited above.
10.12 / 22:35
markets COST Software reports ESPN Sporting Did ex-New York Jets' Mark Gastineau settle his 20-year old grudge against Brett Favre? Here's what a new ESPN documentary will reveal
Mark Gastineau, even though the field performance has long been over, his adventure and excitement around the sport has not faded away. According to reports, he would be shown confronting Brett Favre at a Chicago sports memorabilia show last year, in an upcoming ESPN documentary, that will cover the life and lies of top personalities like Gastineau, from the sport. Did Mark Gastineau carry a grudge against Brett Favre? Gastineau is reportedly angry at Favre for giving Michaeil Strahan an easy sack in the January of 2002, which reportedly cost Gastineau his single-season record in NFL. This was the fundamental of the two-decade-long grudge of Gastineau and Brett Favre, something that will visually come to the public eye after the docuseries is finally released by ESPN.
10.12 / 22:35
markets Strategy Software film Experts Celebrity reports This A-list celebrity is the inspiration for Jennifer Lopez's post-divorce daring revenge-style ensembles
Jennifer Lopez's edgy post-divorce style. Since her breakup with Ben Affleck, Jennifer Lopez has been sporting bold revenge-style ensembles with risqué cutouts and barely-there details, each one a bold reminder of what Affleck left behind. Anyone following her on the red carpet knows this, as quoted in a report by SheKnows. She unexpectedly appeared on the red carpet at the Wicked premiere last November wearing a gorgeous Zuhair Murad gown from the designer's Spring 2024 couture collection, which featured earth tones with elaborate beading and side cutouts on the bodice.
10.12 / 22:35
markets Digital Software Experts country Features Videos Is true face of Cleopatra found? Here’s what an archaeologist claims to have unearthed about famous queen
Cleopatra’s presumed burial site in Egypt has sparked debates among experts. A statue found there is believed to depict the true face of the famous queen, but its identity remains contested.
10.12 / 22:35
markets Software Election President Experts Courts Donald Trump's hush money case to be stopped permanently?
In court papers made public on Tuesday, the Manhattan district attorney’s office proposed an array of options for keeping the historic conviction on the books, including asking Judge Juan M. Merchan to consider treating the case the way he would when a defendant dies. That would effectively put the case into a permanent state of suspended animation. Trump’s conviction would stand, but everything would freeze, including any appeal action. It is unclear if that option is viable under New York law.

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