Target Financial News

NEET-UG paper leak have found out how “handlers” operate in a tech savvy, shady realm of a nationwide exam racket, rooted in Bihar and Jharkhand. «The nine handlers arrested in the NEET-UG case so far six in Jharkhand and three in Bihar — are tech-savvy individuals who played a crucial role in orchestrating the leak of question papers, training examinees who paid for these to memorise the answers, and even escorting them to their respective centres,» a senior police officer said to TOI. The six arrested in Jharkhand were masquerading as labourers and were residing in a rented accommodation. The aim was to make sure the leaked papers reached the target while maintaining high secrecy and anonymity.

Following an internal review and engagement with the company's largest shareholders, the board said it was updating its current tender offer plan, as the conditional mechanism brought in in 2020 is about to expire. Scottish Mortgage dominates investment trust share buybacks year-to-date Back then, the company put a conditional tender offer in place, which was dependent on the trust outperforming the TOPIX with compounding total returns of 4.7% per annum to 31 May 2024. The board said it «expected» the trust to meet its performance target and as a result the tender offer will not be...

Adani Enterprises on Monday.“We were faced with baseless accusations made by a foreign short seller that questions our decades of hard work," Adani said.Adani, however, did not name the short seller.“Typical short sellers target gains from the financial market . This was different," he Adani said." It was a two-sided attack on vague criticism of our financial standing," he added.Information distortions dragged the company to a political battlefield according to Adani.

₹440-340 levels on the weekly chart, signalling a positive bias.The stock is trending in a higher high-low pattern on the weekly chart, indicating a medium-term uptrend.It found support at the 20-week SMA (simple moving average) and bounced back, which will serve as short-term support moving forward.The weekly RSI strength indicator has crossed above its reference line and broken through the falling channel, generating a buy signal.Railtel Corporation of India has demonstrated a breakout above the ₹465-340 consolidation zone on the weekly chart, indicating the continuation of the medium-term uptrend.During the pattern formation, volume activity tended to decline, while at the breakout, there was an increase in activity, indicating heightened market participation.The stock took support at the 38 per cent Fibonacci retracement level of a rally from ₹96 to ₹496, positioned at ₹337, confirming a medium-term support base.The weekly strength indicator RSI has given a crossover above its reference line, generating a buy signal.Ramkrishna Forgings has demonstrated a breakout above nine months of consolidation between ₹815-600 levels on the weekly chart, indicating the continuation of the medium-term uptrend.The volume of activity increased at the breakout, indicating an influx of market participation at the breakout level.The stock closed above the weekly upper Bollinger band, generating a medium-term buy signal.The weekly strength indicator RSI has broken above a downward-sloping trendline, hence generating a buy signal.Elgi Equipments displays a bullish trend on the weekly chart, characterised by higher highs and higher lows, supported by an upward-rising channel.It took support at the lower band recently and is now heading

Jairam Ramesh has hit back at Prime Minister Narendra Modi's remarks against the Opposition in Parliament over , calling for “slogans and drama".Responding on social media site X (formerly known as Twitter), Ramesh took a jibe at Modi's claims of being “non-biological"“The non-biological PM is telling the Opposition: substance, not slogans. INDIA is telling him: consensus, not confrontation," Ramesh wrote.“The non-biological PM is telling the Opposition: discussion, not disruption.

South Africa qualified for the semifinals of the T20 World Cup with a three-wicket win via the Duckworth Lewis method over hosts West Indies in a rain-truncated Super Eights match here. Put in to bat, West Indies rode on Roston Chase's 52 off 42 balls to post 135 for 8. In reply, South Africa were 15/2 in two overs when rain stopped play. The match was truncated by three overs with South Africa being set with a revised target of 123 in 17 overs.

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₹740 apiece by gaining 2.25% in today's early morning trade after the company announced that its wholly owned subsidiary -JSW Neo Energy Limited received a Letter of Award (LoA) for setting up a 300 MW ISTS-connected wind-solar hybrid power project from Solar Energy Corporation of India Limited (SECI) against a tariff-based competitive bid invited for setting up 1,200 MW ISTS-connected wind-solar hybrid power projects (Tranche VIII).Subsequent to this capacity award, the company's total locked-in capacity increases to 13.6 GW. The company expects to have an installed generation capacity of 9.8 GW by CY24, up from 7.3 GW currently.Also Read: Multibagger Garden Reach Shipbuilder share price rises 7% on a $54 million orderWith this hybrid project, the company strengthens its energy solution offerings while moving towards an energy products and services company.The company said it has a total locked-in generation capacity of 13.6 GW, comprising 7.3 GW operational, 2.6 GW under construction across wind, thermal, and hydro, and a pipeline of 3.7 GW.

A cybersecurity intelligence company says a suspected Chinese state-sponsored hacking group has intensified attacks on Taiwanese organizations, particularly those in sectors such as the government, education and technology

The Nifty future closed negative with losses of 0.52% at 23460 levels on Friday. India VIX was down by 1.24% from 13.34 to 13.18 levels.

Bab el-Mandeb chokepoint to a new level and is driving a fresh surge in insurance costs. The British navy said Tuesday that the only visible objects in the last known location of the Tutor dry-bulk carrier — at which point it was semi submerged — were some debris and an oil slick. Yemen’s Houthi militants managed to strike it with a seaborne drone, killing one crew member and injuring others. They said they eventually sank it with explosives. Register for the ET MSME Day 2024 here.

Prince Pipes & Fittings with a target price of Rs 723. The current market price of Prince Pipes & Fittings is Rs 685.2. Prince Pipes & Fittings Ltd., incorporated in the year 1987, is a Small Cap company (having a market cap of Rs 7652.49 Crore) operating in Plastics sector.

Buy or sell stocks for today: Following weak global market cues, the Indian stock market ended lower on Friday last week. Among the frontline indices, the Nifty 50 index dropped 65 points and closed at 23,501, while the BSE Sensex lost 269 points and closed at 77,209.

Mumbai: The two monetary policy committee (MPC) members who voted to cut interest rates and change monetary policy stance at its last meeting believe the Indian economy needs to grow at joined its potential growth of 8%, as inflation continues to approach the target of 4%. The MPC had voted to keep repo rate unchanged at 6.5% for the eighth consecutive time in its June meeting. Jayanth Varma, who had been voting for a rate cut since February this year, argues that MPC should start cutting rates this quarter to give a boost to growth in FY26.

Staffing firms see a spike in demand for quick commerce workers “Startups began several initiatives during the pandemic and the cost of marketing was extremely high. As things stand today, we are getting the sense that margins are more established and they are more focused on retention," Rahul Chowdhri, an investor at Stellaris Venture Partners, said.

When income is low, the ability to save is also limited. For savers like Nitin, tax-saving instruments under Section 80C may be the primary way to accumulate savings. However, trying to save about 20% of his income is an ambitious target for a young earner with a family to support. It’s common for young investors with low incomes to find that expenses quickly consume their earnings. Nitin should first evaluate whether he can routinely save 20% of his income each month to determine if this annual saving target is feasible. If, after accounting for lifestyle and other avoidable expenses, mandatory expenses for rent, power, transport, telecom, and similar necessities exceed 80% of his income, his 20% saving target is too high. He should be prepared to pay some taxes until his income and saving ability increase.

Brookfield Asset Management Inc. is aiming to more than triple investments in India’s renewable energy sector to over $10 billion in the next three-four years. It’s also looking at acquisitions in the segment besides exploring opportunities in electric vehicles (EVs) and green hydrogen. Brookfield is the second-largest investor in India’s green energy assets. “In terms of size and scale, we are close to $3 billion AUM (assets under management),” Nawal Saini, managing director of Brookfield’s renewable power and transition group, said in an interview. “We think this will be well over $10 billion in the next three-four years as we deploy more capital in just these existing platforms.”

An aerial drone likely launched by Yemen’s Houthi rebels struck and damaged a vessel in the Red Sea

Washington on Sunday to discuss the next phase of the Gaza war and escalating hostilities on the border with Lebanon, where exchanges of fire with Hezbollah have stoked fears of wider conflict. Iran-backed Hezbollah began attacking Israel shortly after Hamas' Oct. 7 assault sparked the war in Gaza, and the sides have been trading blows in the months since then. Hezbollah has said it will not stop until there is a ceasefire in Gaza. «We are prepared for any action that may be required in Gaza, Lebanon, and in more areas,» Gallant said in a statement before setting off to Washington, where he said he would meet his counterpart Lloyd Austin and Secretary of State Antony Blinken.

BJP of ruining the future of the youth, Samajwadi Party chief Akhilesh Yadav on Sunday said the country's examination system has been completely ruined and handed over to the copying mafia. The former Uttar Pradesh chief minister said the government does not have the ability to conduct even a single examination transparently. «The BJP government has ruined the future of the youth. The education and examination system has been completely ruined and handed over to the copying mafia,» he said in a statement issued by the Samajwadi Party. Yadav said the government is steeped in corruption.

Deputy CM in Karnataka are back in the ruling Congress with three ministers talking about it openly even as the party is licking its wounds from a subpar performance in the recent Lok Sabha polls ending with just nine out of 28 seats. This has revived discussions on the subject as a few ministers had, in the run up to the polls, sought community-wise posts of Dy CM arguing that such a move would help the party electorally. The party rejecting those demands and now ending up with about half the number of seats it had targeted has given new ammunition to some community leaders. Public Works Minister Satish Jarkiholi, Cooperation Minister KN Rajanna and Minority Affairs Minister BZ Zameer Ahmed Khan have at various fora, aired their opinion in public, exerting pressure on Chief Minister Siddaramaiah. The first two belong to the Scheduled Tribe (ST) while Khan is a Muslim. They have sought the party to revive discussions while Khan said Muslims have desired a Dy CM post for the community.