Target Financial News
13.07 / 06:14
markets
UPS
Target
Manufacturing
blues
stars
guidelines
Govt reopens PLI window for white goods
PLI scheme for white goods (ACs and LED lights) for 90 days based on the appetite of the industry to invest more under the scheme due to the growing market and confidence generated for manufacturing of key components of ACs and LED Lights in India. Leading manufacturers such as Tata-owned Voltas, Daikin, Blue Star, and Dixon Technologies are evaluating whether to make fresh applications, company executives said. These companies are beneficiaries of the first phase of the PLI scheme. ET broke the story in its edition dated June 21.
13.07 / 06:10
markets
Target
L&G launches DC private markets offer and target date fund range
The L&G Private Markets Access Fund – which will be available for DC schemes to invest in directly and via a newly launched range of target date funds, the L&G Lifetime Advantage Funds – will offer a single point of access to a diversified portfolio of private market assets, including private equity, real estate, private credit and infrastructure. FCA approves Legal & General's first private markets LTAF The fund is structured as a fund of funds with an investment in a new private markets long-term asset fund (LTAF) – the Legal & General Private Markets LTAF – sitting alongside exposu...
13.07 / 05:57
markets
UPS
Target
Election
Brett
Brett Holders Flee After 11% Drop, Turning to a New Meme Coin
Brett (BRETT) holders are in panic mode and fleeing the meme coin in wake of another big price collapse on Friday, with some turning to a new meme coin in the play-to-earn niche Shiba Shootout (SHIBASHOOT).
13.07 / 05:51
Target
Reuters
security
Southern
information
gatherings
Pagers and drones: How Hezbollah aims to counter Israel's high-tech surveillance
Hezbollah, has been using some low-tech strategies to try to evade its foe's sophisticated surveillance technology, informed sources told Reuters. It has also been using its own tech — drones — to study and attack Israel's intelligence gathering capabilities in what Hezbollah's leader, Sayyed Hassan Nasrallah, has described as a strategy of «blinding» Israel. The sides have been trading fire since Hezbollah's Palestinian ally in the Gaza Strip, Hamas, went to war with Israel in October. While the fighting on Lebanon's southern border has remained relatively contained, stepped-up attacks in recent weeks have intensified concern it could spiral into a full-scale war.
13.07 / 05:38
markets
UPS
Target
WhatsApp
reports
Buy Gujarat Gas, target price Rs 700: JM Financial
Gujarat Gas with a target price of Rs 700. The current market price of Gujarat Gas Ltd. is Rs 644.8. Gujarat Gas Ltd., incorporated in the year 2012, is a Mid Cap company (having a market cap of Rs 44266.93 Crore) operating in Gas & Petroleum sector.
13.07 / 05:34
Citi
Target
SUN
JPMorgan
security
recommendations
Hot stocks: Brokerage take on L&T Finance, Bajaj Finance, Gujarat Gas, Sun Pharma, and others
Bajaj Finance, Citi has initiated coverage on Indegene and maintained a sell rating on Gujarat Gas, Jefferies has maintained a buy rating on Sun Pharma, and Kotak Securities has upgraded Lupin to add from sell. We have collated a list of recommendations from top brokerage firms from ETNow and other sources:
13.07 / 05:26
13.07 / 05:00
markets
UPS
Target
Manufacturing
country
reports
UP's sops for hybrid vehicles irk EV companies, add to industry's June sob story
electric vehicle (EV) manufacturers, especially as it comes hard on the heels of a plunge in June sales. It's also divided the industry, pitting those that are betting on pure electrics such as Tata Motors against those that prefer the hybrid route, like Toyota and Maruti Suzuki. Sales of electric cars in June plunged 13.5% from the year earlier, having suffered a marginal drop in May, triggering fears that the Indian market may be following global trends. After last year's euphoria, domestic sales slumped to 20% growth in the January-June period to 46,845 units. That's down from a 135% surge in the same period last year, prompting Tata Motors and others to recalibrate expectations. UP Govt Holds Meeting with Auto Cos
13.07 / 04:51
UPS
Target
Software
Research
performer
reports
HCL Tech revenue slips in Q1, retains weak FY25 projection
TCS too received a big boost from a $1.83-billion network project that it is executing for Bharat Sanchar Nigam Limited (BSNL). A senior equity analyst at a Mumbai-based brokerage firm said the company’s performance was “better than expectations." “There is a clear environment of weakness in the industry, and recovery has not panned out as yet. On overall terms, HCL’s business has strong foundations, and we saw its resilience clearly in the last fiscal.
13.07 / 04:51
markets
UPS
Target
Entertainment
security
reports
Buy Nazara Technologies, target price Rs 1080: ICICI Securities
Nazara Technologies with a target price of Rs 1080. The current market price of Nazara Technologies is Rs 916.05. Nazara Technologies Ltd., incorporated in the year 1999, is a Small Cap company (having a market cap of Rs 7061.35 Crore) operating in Services sector.
13.07 / 04:44
Target
Sky News
stage
reports
Labour targets private capital with global summit and National Wealth fund plans
According to a report by Sky News, ministers are going to pitch to global investment giants to draw foreign capital to the UK. They aim to surpass the £29.5bn unveiled in new projects and capital at a similar conference last year, which was attended by Blackstone, Goldman Sachs and JP Morgan Chase among others. The summit is expected to take place in October, but dates are currently being finalised with invitations due to be sent shortly after. The Labour Party had previously pledged to stage such an event in the first 100 days of government. 'There is no time to waste': Rachel Ree...
13.07 / 04:42
UPS
Target
Man
Action
electronic
information
reports
NCW urges Delhi Police to take action against man for comments targeting Kirti Chakra awardee's widow
lewd and derogatory comments online against the widow of Kirti Chakra awardee Captain Anshuman Singh. In a letter issued on Monday, the NCW referenced specific legal provisions that the comment violates, including Section 79 of the Bharatiya Nyaya Sanhita, 2023, which penalizes acts intended to insult the modesty of a woman, and Section 67 of the Information Technology Act, 2000, which deals with the punishment for publishing or transmitting obscene material in electronic form. The letter outlines the penalties under these laws, noting that the offenses can result in imprisonment for up to three years and fines for first-time offenders, with harsher penalties for repeat offenses. The NCW has asked the Delhi Police to promptly register a First Information Report (FIR) against the person and to arrest him at the earliest.
13.07 / 04:26
Provident
Target
War
show
reports
Yemen Houthi rebels fired an Iranian missile at Norwegian-flagged ship, debris analyzed by US shows
Yemen’s Houthi rebels likely fired an Iranian-made anti-ship cruise missile at a Norwegian-flagged tanker in the Red Sea in December, an assault that now provides a public, evidence-based link between the ongoing rebel campaign against shipping and Tehran
13.07 / 04:26
markets
UPS
Target
Trade
Experts
International
Carbon trading regime is yet to kick in, but the voluntary market is buzzing
MUMBAI , NEW DELHI : Mumbai/New Delhi: The market for voluntary carbon trading is picking up in India, even before the planned rollout of an official mechanism to speed up the decarbonization journey. However, an abundance of carbon certificates due to the flurry of renewable energy projects has dampened their prices, experts said. At the heart of this market are international renewable energy certificates (I-REC) accrued by the country’s fast-growing clean energy sector.
13.07 / 04:17
Target
Trade
crypto tax
country
reports
Department
New Zealand Cracks Down on Crypto Investors Avoiding Tax Disclosures
New Zealand’s tax authority revealed on Thursday that it is targeting individuals actively trading crypto who have not reported their income from these transactions in tax filings.
13.07 / 03:57
Provident
Target
Experts
stage
Olympics
Sporting
athletics
Stakeholders should ensure athletes are in best possible shape for Olympics: Mansukh Mandaviya
Sports Minister Mansukh Mandaviya on Friday asked all stakeholders involved in the preparation of Indian athletes for the Paris Olympic to ensure the elite players are in the best possible mental and physical shape to excel on the grand stage. A total of 118 athletes, including 48 women, across 16 sports disciplines will compete at the Paris Games. While 72 athletes have qualified for Games for the first time, 26 have come through the government's ambitious programme, Khelo India. «As our athletes enter this critical phase of preparation and competition, it's essential that we ensure they are in the best physical and mental condition to excel,» said Mandaviya, while chairing a high-level meeting to review India's preparation for the Olympics. The ministry has also established a coordination group to ensure holistic support for athletes and to address any issues that arise in the lead-up to and throughout the Paris Games.
13.07 / 03:31
13.07 / 03:30
UPS
Citi
Target
wellness
Devon Energy buys Grayson Mill Energy's Williston Basin business in $5B cash-and-stock deal
Devon Energy is buying Grayson Mill Energy’s Williston Basin business in a cash-and-stock deal valued at $5 billion
13.07 / 03:21
Provident
Target
MET
Reuters
reports
Budget 2024: A coalition budget may require Modi to bow down to states' demand
Narendra Modi & Co may have a few speed bumps on their road to a 'Viksit Bharat'. The recent meeting between Telugu Desam Party (TDP) supremo Nara Chandrababu Naidu, a key ally of the NDA government, and BJP's top-brass has sparked concerns after the Andhra Pradesh CM has listed his state-specific demands. Further, a Bloomberg report has stated that Naidu has sought more than Rs 1 lakh crore handout for Andhra Pradesh in the forthcoming Budget 2024.
13.07 / 03:01
UPS
Citi
Provident
Target
CEO
Sustainability
rights
Green irony: Citigroup’s climate sensitivity made it a target for protestors
Employees at Citigroup’s New York headquarters are facing multiple indignities. Not only does a growing contingent now have to be back in office full time, but to get to their desks, they must walk through a throng of protestors who have been camped outside the bank for much of June. Activists are calling the campaign the “Summer of Heat," vowing to show up outside Citi “week after week" and “month after month" to protest its funding of the fossil fuel industry.
13.07 / 03:01
Target
War
country
reports
rights
mountaineering
A sneak peek into the 'Ghost Rider' of the US Air Force; What is it doing in South Korea?
AC 130-J is large according to CNN who has reported this. Nicknamed the Ghost rider, it has the ability to pick on objects which are located 50,000 feet away. It has powerful cameras that can easily capture the photographs before relaying it back the command center. It is also equipped with the biggest gun ever mounted on a fixed wing plane. Recently, the aircraft was spotted in the South Korean air space where it was conducting joint exercises with a key Asian ally. This aircraft is critical to the US Air Force and its aircraft mounted gun missions in places such as Iraq and Somalia.
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