Southern Financial News

hostage deal between Israel and Hamas, the first group of Israeli hostages has been handed over to the staff of the International Committee for Red Cross, The Times of Israel reported. The 13 Israeli hostages in ambulances are heading from southern Gaza's Khan Younis to the Rafah crossing into Israel, The Times of Israel reported citing an Israeli official. The release of 13 hostages, who are mothers and children, is the first of four expected stages.

Bulk Cargo transshipment hub in Atlanta Bay near Diglipur in Andaman and Nicobar Islands. This is in addition to the Rs 44,000 crore Galathea bay project near the Southern tip of the Great Nicobar Island for which bids are expected to be called next year. “Currently a jetty with 5 metre (m) draft is serving for berthing of inter-island vessels of 4.00 m draft…The feasibility study for developing Atlanta bay major Harbour is under process,” an official statement said. The Atlanta bay has a natural draft of 19/20 and is just 50m distance in sea.

forces withdrew from Gaza's largest hospital Al-Shifa on Friday, the Hamas-run health ministry said, on the first day of a temporary truce between Israel and the Palestinian militants. The Israeli military raided Al-Shifa last week, targeting what it said was a Hamas command centre in a tunnel complex beneath the medical facility.

Sanjay Banka, CFO, Senco Gold, says “the next two quarters will not be better than the first half. If we look at the past trends, the major sales happen up to Dhanteras. We have already seen around 26-27% year-on-year growth till today. The next quarters are likely to take the blended growth up to 25%. Secondly, as far as the growth across all the zones is concerned, we are very happy that we are growing across all the zones in India, particularly in the Eastern zone where the growth is around 22%.” Have you witnessed a strong festive demand? Also, what is the expectation for the upcoming wedding season? We are very much delighted with the festive demand. While the World Gold Council has said that around 9% growth has happened in the first nine months of the current calendar year, we have grown by almost 26% year-on-year versus last year. And we have seen a similar trend during the Dhanteras festival, a 25% increase. So we are very much delighted. It clearly shows the faith and trust of the consumers. We are looking for a similar trend for the rest of the year in the wedding season because in the wedding season, we are talking about around 30 lakh weddings and Rs 4.5 lakh crore expenditure, a major part of that is likely to come to the jewellery industry.

Southern Peripheral Road (SPR) stands as one of Gurgaon’s pivotal real estate corridors, spanning from Gurgaon-Faridabad Road near Sector 58 to its connection with NH-48 near Sector 74A, intersecting Sohna Road at Badshahpur Chowk. This evolving corridor in South Gurgaon amalgamates several developed and developing sectors catering to residential, commercial and industrial demand.

By Farah Saafan and Suleiman Al-Khalidi

By Steven Scheer

Tiger 3 Box Office Collection Day 10: Salman Khan's movie becomes all-time biggest Diwali hit Another user stated, “If progressiveness is what you dream for this is the best statement a film can deliver. A superbly build drama, which peaks towards the last with the writers, director and the lead actors breaking all the conventions.

WARANGAL: Two decades ago, Damera Yakamma's husband, a cotton farmer in a southern Indian village, committed suicide by consuming pesticide because of his mounting debts, leaving his widow in charge of their two acres of land. After that, the mother of four — then in her mid-twenties — decided she did not want any more chemicals entering her home. With the help of a non-profit in Telangana state's Warangal district, Yakamma and some other local farmers grew their first organic cotton crop in 2005 using natural manure and bio-pesticides. They benefited from lower costs, better health and soil, and premium market prices as buyers sought their higher-quality cotton. But they lost their organic certification in 2015 after a genetically modified cotton variety known as BT, promising higher yields and pest resistance, spread so widely across India that they could no longer buy indigenous seeds from dealers. Still the farmers stuck with natural growing methods to produce cotton sustainably, in a bid to meet growing demand from fashion brands that are increasingly adopting targets to cut climate-heating emissions in their value chains. According to the Confederation of British Industry, in 2020 sustainable cotton accounted for nearly 20% of the global cotton supply.

ARN Media’s proposed acquisition of Southern Cross Austereo has been dealt a blow, with the Takeovers Panel ruling it improperly acquired a stake in the television and radio broadcaster from fund manager Allan Gray.

Dipan Mehta, Director, Elixir Equities, says “For Mumbai-based realty companies going into NCR is another different game altogether. I do not see too many companies, apart from Godrej Properties, which have successfully created a pan India operation worth mentioning. So we will wait and watch and see how Oberoi’s foray into NCR is shaping up. But nonetheless, I think real estate companies are on a song.” While we spend a lot of time discussing HDFC Bank, Reliance, Zomato and Paytm, we do not perhaps discuss Tube Investment, Carborundum, Chola, EID, Parry. These are the real gems of the south, so to speak. You are absolutely right. These are nice low profile companies. They just get on with their business and deliver exceptional returns. CG Power has been a fantastic multibagger stock and what a fantastic turnaround story it has been and kudos to Tube Investment for identifying this opportunity and buying into it and turning it around so quickly and creating so much value for the shareholders. By and large these are very well managed companies. They have sound capital management policies and they generally do not diversify away from their core operations. They have been market darlings, although they are not that much in the public eye in terms of news flow, but nonetheless they are great performers.

An exploding population of hard-to-eradicate “super pigs” in Canada is threatening to spill south of the border, and northern states like Minnesota, North Dakota and Montana are taking steps to stop the invasion.

Crypto lender Genesis Global Capital has taken legal action against cryptocurrency exchange Gemini Trust in an attempt to reclaim over $689 million. 

Kyle Sandilands and Jackie Henderson have officially signed a 10-year extension to their contract with ASX-listed media company ARN Media, in a deal that gives them a percentage of extra revenue and millions of shares as a bonus.

Millions of people are expected to hit airports and highways in record numbers over the Thanksgiving holiday

Minnesota, North Dakota and Montana and other northern states are making preparations to stop an invasion of wild pigs from Canada

The trial of Lee Sang-jun, the CEO of the crypto exchange Bithumb’s parent company, has begun in Seoul, South Korea.

Israeli authorities have ordered dozens of cryptocurrency accounts to be closed following the October 7 attack by Hamas on the southern part of the country, the Financial Times reported on Tuesday.

₹5.15 crore on its opening day and went on to earn ₹118.7 crore at the box office. The second part, released in 2017, opened at ₹41 crore and clocked ₹510. 99 crore in lifetime earnings.

fired a missile late Tuesday. "Missile launch. Missile launch.

State Goods and Service Tax Officer, Chennai, conducted a search at its warehouse in the southern city on November 16-17, and a penalty of Rs 1 lakh was imposed for «minor non-compliance». In a regulatory filing, the company said the initiation of search was pursuant to the provisions of Section 67 of the Tamil Nadu Goods and Services Tax Act, 2017.