Southern Financial News
31.08 / 14:57
UPS
Waters
Gap
Southern
show
country
Reservoir water level 23% down on-year, 9% below 10-year average; experts see severe impact
Bank of Baroda. “At any rate, July-August are normally the months when there is heaviest rain and, hence, the deficit in August will have far-reaching impact." For the week ended Wednesday, India recorded a precipitation of 30.7 mm, 40% lower than the long period average (LPA). Higher water levels are critical for the agriculture sector, with farmers largely depending on reservoirs for irrigation.
31.08 / 12:55
COST
Provident
Waters
Manufacturing
Southern
country
Indian
PUMP
K.V. Karthik from Deccan Industries becomes Indian Pump Assoc. President
Chennai, 25 August 2023: Mr K.V. Karthik, Managing Director, Deccan Industries, one of India’s leading pump manufacturing companies, headquartered in Coimbatore, has been elected as the president of Indian Pump Manufacturers Association (IPMA), the country’s premier body representing the US$ 2 billion pump manufacturing sector, for 2023-24. Mr.
31.08 / 06:19
31.08 / 05:33
Enterprise
NIFTY
SENSEX
Southern
Nestle
AGRO
Stock market update: Fertilisers stocks down as market falls
Sikko Industries(up 4.97%), Paradeep Phosphates(up 1.36%), Mangalore Chemicals & Fertilizers(up 1.03%), Deepak Fertilizers & Petrochemicals(up 0.76%), Nagarjuna Fertilizers & Chem(up 0.59%), KRISHANA(up 0.41%) and National Fertilizer(up 0.15%) were among the top gainers. Khaitan Chemicals & Fertilizers(down 2.75%), Agro Phos(down 1.99%), Coromandel International(down 1.51%), Southern Petrochemicals Industries(down 1.34%), Aries Agro(down 0.97%), ZUARIAGRO(down 0.83%), Chambal Fertilisers & Chemicals(down 0.82%), Madras Fertlizers(down 0.79%), Rashtriya Chemicals & Fertilizers(down 0.73%) and Rama Phosphates(down 0.51%) were among the top losers. The NSE Nifty50 index was trading 27.3 points down at 19320.15, while the 30-share BSE Sensex was down 38.54 points at 65048.71 at around 10:50AM. Maruti Suzuki India Ltd.(up 1.58%), Hindalco Industries Ltd.(up 1.57%), LTIMindtree Ltd.(up 1.37%), Tech Mahindra Ltd.(up 1.26%), HCL Technologies Ltd.(up 1.22%), UltraTech Cement Ltd.(up 0.96%), Titan Company Ltd.(up 0.8%), Infosys Ltd.(up 0.61%), Coal India Ltd.(up 0.59%) and Tata Consultancy Services Ltd.(up 0.56%) were among the top gainers in the Nifty pack. On the other hand, Adani Enterprises Ltd.(down 3.25%), Adani Ports & Special Economic Zone Ltd.(down 2.71%), Bharat Petroleum Corporation Ltd.(down 1.36%), Eicher Motors Ltd.(down 1.34%), Bajaj Finance Ltd.(down 1.13%), Nestle India Ltd.(down 1.11%), Tata Consumer Products Ltd.(down 0.98%), Asian Paints Ltd.(down 0.96%), Britannia Industries Ltd.(down 0.89%) and UPL Ltd.(down 0.75%) were trading in the red.
31.08 / 05:23
UPS
Progressive
Southern
Leak
California panel to vote on increasing storage at site of worst US methane leak despite risks
A proposal to vastly increase natural gas storage at the site of the nation’s largest-known methane leak is prompting opposition from California lawmakers
31.08 / 04:15
31.08 / 03:39
31.08 / 03:39
UPS
Citi
Provident
FIVE
Manufacturing
Southern
Trans
This trans woman was begging on India’s streets. A donated electric rickshaw changed her life
If you hail a rickshaw in the Indian city of Bengaluru, your driver might just be a 38-year-old transgender woman named Preethi
31.08 / 03:39
31.08 / 03:39
Target
Fighting
Southern
Memphis plant that uses potentially hazardous chemical will close, company says
A medical equipment sterilizing plant using a chemical whose emissions could lead to cause cancer and other health risks says it plans to close its Tennessee location by next spring
30.08 / 20:57
UPS
Citi
Waters
Highways
Southern
show
social
Hurricane
Hurricane Idalia grinds into Georgia after slamming Florida
Hurricane Idalia brought torrential rain and threats of flash flooding on Wednesday afternoon to southeast Georgia after slamming into Florida, where authorities feared a powerful storm surge may have inundated communities in the Big Bend region. Authorities in Florida were still trying to carry out damage assessments in the hardest-hit areas as water rescues of trapped residents were under way in southern Georgia. Video footage and photographs from the region showed ocean waters washing over highways and neighborhoods swamped by extensive flooding at midday.
30.08 / 17:37
UPS
Southern
country
Typhoon Saola heads towards China and Hong Kong: Preparedness and Uncertainty ahead of intensifying storm
Typhoon Saola, having pounded Taiwan with torrential rain and powerful winds, is now bearing down on China's southern coast and Hong Kong as it gains strength. The typhoon, recently upgraded to the status of a formidable typhoon, is projected to make landfall along China’s southern Guangdong province before approaching Hong Kong over the upcoming Friday and Saturday.
30.08 / 17:31
30.08 / 11:19
UPS
NIFTY
SENSEX
Southern
AGRO
Stock market update: Fertilisers stocks up as market rises
Agro Phos(up 14.20%), Sikko Industries(up 4.95%), Deepak Fertilizers & Petrochemicals(up 3.12%), Coromandel International(up 1.14%), Paradeep Phosphates(up 0.72%), Khaitan Chemicals & Fertilizers(up 0.64%), Nagarjuna Fertilizers & Chem(up 0.59%), G S F C(up 0.55%), Chambal Fertilisers & Chemicals(up 0.30%) and Gujarat Narmada Valley Fertilizers (up 0.27%) stood among the top gainers. Aries Agro(down 2.71%), Mangalore Chemicals & Fertilizers(down 2.01%), Rashtriya Chemicals & Fertilizers(down 1.95%), National Fertilizer(down 0.58%), Southern Petrochemicals Industries(down 0.56%), Madhya Bharat Agro Products(down 0.26%), KRISHANA(down 0.21%), Rama Phosphates(down 0.20%) and ZUARIAGRO(down 0.06%) were among the top losers of the day. The NSE Nifty50 index ended 4.8 points up at 19347.45, while the 30-share BSE Sensex closed up 11.43 points at 65087.25. Tata Steel(up 2.13%), Maruti Suzuki(up 1.82%), Eicher Motors(up 1.5%), Mahindra & Mahindra(up 1.43%), Infosys(up 1.23%), TATA CONSUMER PRODUCTS(up 1.2%), HCL Technologies(up 1.12%), UltraTech Cement(up 0.81%), LTIMindtree Ltd(up 0.72%) and ITC(up 0.61%) stood among the top gainers in the Nifty pack. On the other hand, Power Grid Corporation of India(down 1.61%), Bharat Petroleum Corporation(down 1.36%), State Bank of India(down 1.3%), Dr Reddys Laboratories(down 1.29%), Hero MotoCorp(down 1.21%), ICICI Bank(down 0.91%), HDFC Bank(down 0.73%), Divis Laboratories(down 0.72%), Adani Ports & Special Economic Zone(down 0.59%) and IndusInd Bank(down 0.55%) closed in the red.
30.08 / 11:05
Digital
Manufacturing
Software
Southern
Actor
country
network
FBI and European partners seize major malware network in blow to global cybercrime
U.S. officials say the FBI and its partners in Europe infiltrated and seized control of a major malware network that was used for more than 15 years to commit a gamut of online crimes including crippling ransomware attacks
30.08 / 07:27
30.08 / 05:31
UPS
Waters
Extreme
Southern
Fastenal
country
El Nino has started. Preparations must too
storm Hilary slammed into it from the south. Unprecedented amounts of rain pelted downtown Los Angeles and flooded the state’s arid valleys. Without missing a beat, forecasts then shifted from drenching to baking, as a heat dome fastened itself over much of the southern United States all the way up to the Great Lakes.
30.08 / 04:11
VISA
Southern
show
country
China's Map Row: ‘Why don’t we start issuing…', Shashi Tharoor's advice to Jaishankar
China's claim over Arunachal Pradesh and the Aksai Chin. He agreed with Jaishankar's opinion that it's an ‘old habit’ of theirs (China) to put out a so-called ‘standard map’ in the past claiming territories that do not belong to them. "So we have protested China's latest outrage, the issuance of yet another map claiming Arunachal Pradesh as their territory.
29.08 / 22:21
Digital
Manufacturing
Software
Southern
Actor
country
network
FBI and European partners seize major malware network in blow to global cybercrime
U.S. officials say the FBI and its partners in Europe infiltrated and seized control of a major malware network that was used for more than 15 years to commit a gamut of online crimes including crippling ransomware attacks
29.08 / 19:39
UPS
Provident
Manufacturing
Southern
Albemarle
cover
MacCap in partner search for one of world’s biggest lithium projects
The dealmaking interest in ASX-listed lithium miners has spilled over to their unlisted counterparts.
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