Target Financial News
18.07 / 19:02
UPS
Provident
Target
security
performer
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Features
Discover the 8 Best Dip Stands for Your Home Gym Transformation
Their versatility allows for various workouts, including inverted rows and muscle-ups, making them an excellent addition to both home gyms and fitness centers. Plus, their compact design means they can easily fit into smaller spaces, promoting consistent exercise without requiring extensive equipment. Overall, dip stands are a fantastic tool for building upper body strength and improving overall fitness.
18.07 / 18:59
markets
UPS
Target
Mobile
show
audience
Jio wired broadband user base up 34.5% in a year, Airtel's 24.2%
5G-based fixed wireless access (FWA) services is pushing wired broadband growth in India, with Reliance Jio outpacing its closest rival Bharti Airtel. Between May 2023 and May 2024, Jio's wired broadband user base jumped 34.5% versus Bharti Airtel's 24.2%, latest telco subscriber data collated by the regulator showed. As of end of May, Jio's wired broadband user base stood at 12 million compared to Airtel's 8 million. Analysts say 5G-based FWA services may be seeing traction, which could break the monetisation logjam and open new revenue streams for India's telcos. A key reason for this is monthly average revenue per user (ARPU) from the 5G-based FWA business is seen to be at least three-times higher (at ₹600) than 5G mobile ARPUs.
18.07 / 18:50
Target
Williams
Waters
Extreme
reports
Department
Schools
Short seller reports on the rise, flexible crisis plan critical: William J Stellmach
William J. Stellmach, former head of the US Department of Justice's Fraud Section who now works at New York-headquartered law firm Willkie Farr & Gallagher LLP. He is a partner at the firm's Washington office and leads its global investigations practice, often advising and defending companies featured in short seller reports.
18.07 / 18:03
markets
Target
Google
Software
Pool
Gemini
Schools
OpenAI unveils cheaper small AI model GPT-4o mini
ChatGPT maker OpenAI said on Thursday it was launching GPT-4o mini, a cost-efficient small AI model, aimed at making its technology more affordable and less energy-intensive, allowing the startup to target a broader pool of customers. Microsoft-backed OpenAI, the market leader in the AI software space, has been working to make it cheaper and faster for developers to build applications based on its model, at a time when deep-pocketed rivals such as Meta and Google rush to grab a bigger share in the market.
18.07 / 17:48
UPS
Citi
Target
security
Southern
War
Israel's Netanyahu makes surprise Gaza visit as far-right politician tours flashpoint Jerusalem site
Benjamin Netanyahu made a surprise visit to troops in southern Gaza on Thursday, his office said, just days before he was set to give a speech to the US Congress. Netanyahu's visit to the southern city of Rafah was announced hours after Israel's far-right national security minister, Itamar Ben-Gvir, visited Jerusalem's most sensitive holy site. Ben Gvir's move could disrupt sensitive talks aimed at reaching a cease-fire in the 9-month-old Israel-Hamas war. Ben-Gvir, an ultranationalist settler leader, said he went up to the flashpoint site to pray for the return of Israeli hostages «but without a reckless deal, without surrendering.» Israeli negotiators landed in Cairo on Wednesday to keep working on the talks. Tensions over the compound have fuelled past rounds of violence. The Palestinian Foreign Ministry condemned Ben-Gvir's visit as a «provocative intrusion» that endangered the fragile status quo regarding the Jerusalem compound, which is revered by Jews as the Temple Mount and by Muslims as Haram al-Sharif, a holy site and important national symbol.
18.07 / 15:56
Target
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performer
reports
rowing
Japanese funds show top quartile performance despite overall downturn
The survey found that the IA Japan sector topped the list in the second quarter of 2024 for the fourth report in a row, with 9% of the funds delivering top quartile performance in the three consecutive years to the quarter ended 30 June. This was followed closely behind by the IA UK Smaller Companies sector, with 4.8% of funds achieving consistent top performance. In addition, around 31.3% of the IA Japan funds consistently outperformed above median returns, while the IA UK Smaller Companies came second, with 23.8% of funds qualifying for the target. The IA Sterling Strategic Bond ...
18.07 / 15:47
markets
UPS
Target
pandemic
Rachel Reeves to introduce 'fiscal lock' law to strengthen OBR powers
The new law will enable the OBR to conduct an independent assessment of any significant, permanent tax and spending changes as a measure of 'fiscal lock'. The law also targets announcements over one financial year which make permanent tax or spending commitments above 1% of the UK's GDP, or roughly £30bn. However, emergency and temporary measures lasting up to two years will be exempt from an OBR assessment. This includes examples of prior events, such as the government's response to the Covid-19 pandemic. Labour majority not enough to make UK preferred market over US The plans ...
18.07 / 13:33
18.07 / 13:29
markets
Citi
Target
FIVE
Strategy
pandemic
stage
Motilal Oswal Alternates invests ₹190 crore from its new real estate fund
₹190 crore, two company executives told Mint. The company has committed ₹100 crore to Chennai-based Radiance Realty Developers India Ltd, and another ₹90 crore to Pune-based Mantra Properties and Developers Pvt. Ltd, for their respective residential projects.
18.07 / 13:12
markets
COST
Target
economy
wellness
President
Headlines
European Central Bank leaves key interest rate at 3.75%, waits for signs inflation is under control
The European Central Bank left its key interest rate benchmark unchanged Thursday as its rate-setting council and President Christine Lagarde take their time to make sure stubborn inflation is firmly under control before lowering rates again
18.07 / 12:37
markets
Target
Align
wellness
Healthcare
Schools
Venture firm Promaft Partners announces inaugural Rs 1,000 crore fund
Rs 1,000 crore, including a greenshoe option of Rs 200 crore. A greenshoe option is a provision that allows a fund to raise more capital than originally targeted if investor interest exceeds initial expectation.
18.07 / 11:43
18.07 / 09:55
markets
UPS
Provident
Target
security
cover
ICICI Securities raises target price for newly listed defence multibagger, sees 50% upside
Azad Engineering, domestic brokerage firm ICICI Securities has hiked the target price of the multibagger stock to Rs 2,450 as the long term prospects for the company seem appealing. The domestic brokerage firm believes that the company is at a vantage point for healthy earnings growth as they have execution visibility on the upcoming 95,000 m2 facility. Azad Engineering is targeting a market share of up to 10% in the long run (currently 1%) in light of significant TAM and expects the recent order for ATGG engine to be a significant step in the next leg of growth.
18.07 / 09:54
markets
Target
Boeing
Falling UK wage growth boosts chances of August rate cut
In the three months to May, average regular earnings fell from 6% to 5.7%, according to data from the Office for National Statistics released today (18 July). This marked the lowest quarterly figure since the three months to August 2022, when it stood at 5.4%. UK inflation returns to 2% target but June BoE cut remains unlikely Meanwhile, the UK rate of employment remained unchanged at 4.4%. The ONS director of economic statistics, Liz McKeown, said: «We continue to see overall some signs of a cooling in the labour market, with the growth in the number of employees on the payro...
18.07 / 09:50
Provident
Target
reports
Russia and China finish successful South China Sea joint naval drills, TASS cites Russian Navy
South China Sea this week to successfully rehearse anti-submarine operations, naval combat and providing air defence to vessels, Russia's TASS news agency reported on Thursday. TASS cited a statement from Russia's Pacific Fleet as saying that the drills — dubbed 'Maritime Cooperation 2024 — had now finished. The opening ceremony of the exercise took place in the Chinese port of Zhanjiang, the Russian defence ministry said earlier this week.
18.07 / 08:50
UPS
Target
Reuters
wellness
War
Schools
Ukraine rushes to create AI-enabled war drones
Ukraine, a handful of startups are developing Artificial Intelligence (AI) systems to help fly a vast fleet of drones, taking warfare into uncharted territory as combatants race to gain a technological edge in battle. Ukraine hopes a rollout of AI-enabled drones across the front line will help it overcome increasing signal jamming by the Russians as well as enable unmanned aerial vehicles (UAVs) to work in larger groups.
18.07 / 08:46
COST
UPS
Target
track
reports
Bajaj Auto shares dip nearly 4% after Q1 results. Brokerages see upside potential of up to 27%
Bajaj Auto dipped by 3.7% to a low of Rs 9,295.50 on BSE after the company posted a consolidated net profit of Rs 1,942 crore, an 18% YoY increase, which led to brokerages hiking target prices to as high as Rs 12,000 for the stock. Consolidated revenue from operations for the quarter stood at Rs 11,932 crore, reflecting a 16% rise compared to Rs 10,312 crore in the corresponding quarter of the previous financial year.
18.07 / 05:57
UPS
Target
Platform
Pool
WhatsApp
show
Nazara Tech shares tumble over 8% intraday post Rs 1,120 crore GST notice
Nazara Technologies on Thursday fell up to 8% to Rs 845.65 on BSE after two of its subsidiaries got show cause notices in relation to Goods and Services Tax (GST) with a total liability of Rs 1,120 crore. The show cause notices were sent by the Director General of GST Intelligence, Kolkata to Openplay Technologies and Halaplay Technologies on Tuesday, July 16 for proposed liability of Rs 845.72 crore and Rs 274.21 crore, respectively, Nazara disclosed in a regulatory filing.
18.07 / 05:46
markets
UPS
Target
Software
WhatsApp
reports
Buy LTIMindtree, target price Rs 7000: Motilal Oswal
LTIMindtree with a target price of Rs 7000. The current market price of LTIMindtree Ltd. is Rs 5567.15. LTIMindtree Ltd., incorporated in the year 1996, is a Large Cap company (having a market cap of Rs 164736.43 Crore) operating in IT Software sector.
18.07 / 05:18
markets
Provident
Target
MET
Ball
Election
reports
Modi govt may finally realise Rs 29,000 cr from divestment of this bank following RBI green signal
IDBI Bank ahead of the Union Budget 2024 and all eyes are now on Finance Minister Nirmala Sitharaman. The Narendra Modi government had set the ball rolling for divesting its stake in the development financial institution-turned bank in May 2021. Since then, the Centre has been waiting for the green signal from the RBI as the central bank assessed if the bidders met the fit and proper norms. These norms check if the bidders are compliant with regulations and are not under the scanner of other regulators. The central bank has given its report on all but one bidder which happens to be a foreign participant, which did not share information and the overseas regulator too has not provided data, TOI on Thursday reported. With the current market cap nearing Rs 95,000 crore, the Centre could potentially realize around Rs 29,000 crore from the disinvestment. However, several observers have noted that the transaction terms are not very attractive.
18.07 / 04:48
Target
Sustainability
wellness
President
country
reports
guidelines
Union Power Minister Manohar Lal Khattar calls on state govt's to make improvements in the sector
power sector in the country, Union Power Minister Manohar Lal Khattar has called on the state governments to make improvements in the sector to become self-sufficient. Speaking to reporters, Minister Khattar, said, «There are guidelines that can be given to the state governments. Ultimately, the work of implementation is the responsibility of the state governments, so we will definitely appeal to everyone as the power sector has become so important nowadays… if the sector is not made self-reliant, then its effect directly falls on the public as well as the state governments.» He added, «So if the state governments want to stand on their own two feet and be self-sufficient, then it is very important to bring improvements in the power sector...»
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