Target Financial News
15.12 / 14:01
Target
Ball
Parke
Inside
Department
shock
Bangladesh beat India to enter final; UAE stun Pakistan to reach summit clash
Islam's counter-punching fifty and a fiery spell by left-arm pacer Maruf Mridha helped Bangladesh score a facile four-wicket win over India to reach the final of the ACC Under-19 Asia Cup here Friday. On a slightly double-paced pitch, Indian batters struggled to get going before getting bundled out for 188 in 42.4 overs, with Musheer Khan (50) and Murugan Abhishek (62) doing all the scoring for them. Maruf took 4 for 41 to give early jolts to India in the second semifinal.
15.12 / 14:01
Target
exits
Lodha concludes sales of London projects, exits UK investments completely
Lodha, listed as Macrotech Developers, has concluded the sale of its projects in London and with this has exited its investments in the United Kingdom completely. The company, based on the sales trajectory, had earlier guided the projects will be fully sold out ahead of the business plan target of the fourth quarter of the financial year 2023-24. “…the company has completed realisation of entire balance as per earlier guidance from UK Investments. The last tranche of this realisation happened on December 13, 2023, and post that the company has exited from foreign market by disposing off its entire equity and other securities investments held in entities in relation to UK Investments,” Macrotech Developers said in a regulatory filing. Lodha had also announced earlier that it is planning to repatriate all its investments made into luxury residential projects in London and revenue generated from both these super-premium projects, after repaying these projects' debt. The developer had invested 306 million pounds or Rs 3,120 crore to acquire MacDonald House, Central London in 2013 and had acquired second property New Court next to the London School of Economics and the Royal Courts of Justice on Carey Street for 90 million pounds or Rs 930 crore in 2014. The company has redeveloped both MacDonald House and New Court into luxury residential properties namely 1 Grosvenor Square and Lincoln Square, respectively.
15.12 / 13:25
Citi
Target
Landmark
Citigroup
reports
Department
shock
Citi shuts once-envied muni business
Citigroup Inc. will shutter its municipal bond business, one of the most dramatic moves yet by Chief Executive Jane Fraser as she seeks to squeeze better returns out of the Wall Street giant.
15.12 / 13:25
Target
FIVE
CEO
Strategy
love
market volatility
Millennials now most confident investors at dealing with market volatility
America’s core working age cohort of investors has shown the most confidence in being able to manage the ups and downs of the market according to a new study.
15.12 / 13:25
Target
Digital
Citizens
economy
Enterprise
President
NOT
China’s growth outlook is not looking good
China’s economic recovery remained beleaguered by weak demand and a lingering property crisis last month, putting more pressure on Beijing to roll out supportive policies to juice growth.
15.12 / 13:03
Citi
IPO
Provident
Target
Experts
band
performer
India Shelter Finance IPO subscribed to 36.6 times on Day 3; QIB, NII portions see huge demand
Also Read: Zomato skyrockets 108% in 2023: A look at how other new-age stocks performed this year Moreover, the strong demand from the retail segment continued on the final day, with the subscription rate soaring to 9.79 times. Non-institutional investors also displayed significant interest in the offering, as the subscription in the segment reached 28.47 times. Overall, the IPO received bids for 65,59,44,390 shares on the final day as against the 1,79,10,449 shares available for subscription, translating into a subscription rate of 36.62 times.
15.12 / 13:03
Target
Digital
Experts
country
social
Intelligence Researchers to Study Computer Code for Clues to Hackers’ Identities
Government researchers in the U.S. are studying methods to help identify hackers based on the code they use to carry out cyberattacks. The Intelligence Advanced Research Projects Activity, the lead federal research agency for the intelligence community, plans to develop technologies that could speed up investigations for identifying perpetrators of cyberattacks.
15.12 / 13:03
IPO
Provident
Target
FIVE
Platform
Remark
performer
Zomato skyrockets 108% in 2023: A look at how other new-age stocks performed this year
PB Fintech, Zomato, CarTrade Tech, Nykaa, and Delhivery have all yielded positive returns thus far in the current year. Among these, Zomato managed to cross its IPO price and also delivered a multi-bagger return. Although commencing the year 2023 on a relatively negative note with a 16% loss in value, the Zomato stock demonstrated a substantial recovery in April, registering a noteworthy gain of 27.25%.
15.12 / 12:49
Target
Extreme
WhatsApp
Experts
recommendations
week
Tech View: Nifty RSI hints at overbought zone. What traders should do next week
Nifty on Friday ended 274 points higher to new lifetime high highs and formed a green candle on the daily and weekly charts. Further upsides are likely once the immediate resistance of 2,1492 is taken out. Caution is however warranted for the near term as the 14-day RSI at 84.93 is in overbought territory. Thus, any short-term corrections can be utilized to buy into quality stocks, said Subash Gangadharan, senior technical and derivative analyst at HDFC Securities. The 14-week RSI is at 75.87, which implies that it is not extremely overbought and there is scope for more upsides in the intermediate term. Option data reveal heavy writing in 21,100 PE and 21,200 PE and addition in 21,400 CE and 21,500 CE. What should traders do? Here’s what analysts said:
15.12 / 10:53
Target
FIVE
Manufacturing
Align
Enterprise
country
electronic
share price
Bharat Electronics share price rises 3% on mega defence order
Bharat Electronics Ltd (BEL) share price surges 3.26% to ₹169.35 per share on Friday, December 15, after the company bagged a mega defence order. The Ministry of Defence has entered into a significant agreement with BEL, Pune, for the acquisition of electronic fuzes for the Indian Army over a 10-year period, with a total investment of ₹5,336.25 crore. Aligned with the 'Aatmanirbhar Bharat' vision, this contract is established for the procurement of ammunition under the 'Manufacture of Ammunition for Indian Army by Indian Industry' initiative.
15.12 / 09:31
15.12 / 09:31
15.12 / 09:09
IPO
Provident
Target
BLOCK
Platform
performer
reports
KFin Technologies shares shed 9% on block deal; Ventura advises buying – here's why
KFin Technologies declined over 9 percent in trade today (December 15) after shares worth ₹1,650 crore changed hands in a block deal. As per media reports, around 3.3 crore shares, representing 20 percent equity in the company, changed hands at a floor price of ₹500 apiece. The floor price is at a 6 percent discount to its yesterday's closing price of ₹532.25.
15.12 / 08:09
Target
Mobile
Software
information
Samsung users alert! Government warns against THIS critical risk: Here's how to stay safe
CERT-In has classified the risk as high, underscoring the possibility of attackers leveraging these vulnerabilities to bypass security protocols, gain access to confidential information, and execute unauthorized code on targeted systems. The recognized vulnerabilities present a potential threat to multiple components within the Samsung ecosystem.
15.12 / 08:09
Provident
Target
Digital
Manufacturing
performer
shock
2024
budget 2024
Budget 2024: No major announcements likely; focus may remain on infra, realty, says Prateek Pant of WhiteOak Capital
Prateek Pant, Chief Business Officer of WhiteOak Capital Asset Management, does not expect major announcements in this budget. The government will likely maintain a path of policy, continuity focusing on higher capex growth, he said in an interview with MintGenie. Infra, housing, real estate, and home improvement sectors are likely to be in focus in this upcoming budget.
15.12 / 06:59
Target
Progressive
track
reports
How Indian Railways plans to confirm tickets for achieving 'no-waiting list' ambition
Railways Minister Ashwini Vaishnaw told ET. The objective is to replace aging rolling stock, necessitating 7,000-8,000 new train sets. Tenders for this procurement, amounting to around ₹1 lakh crore, will be issued over the next 4-5 years and fulfilled over 15 years, the minister said. The Railways Minister also said that 70% of the Rs 2.4 lakh crore capital budget for FY24 has already been utilized, with track laying progressing according to the plan. The minister also said that significant progress has been made in the Eastern and Western Dedicated Freight Corridors, which will free up tracks for increased passenger and freight movement. Almost 80% of the Western Dedicated Freight Corridor has completed while the completion of the entire 1337 kilometre (km) Eastern Dedicated Freight Corridor is catalysing the development of new industrial hubs and Gati Shakti Cargo Terminals, the minister said. During the current fiscal, Railways expects to add 5500 to 6000 kms of new tracks, which is 16 kilometres (km) per day. In 2022-23, it had added 5243 kilometres of tracks to it network. He also said that the national transporter needs to invest of close to Rs 12 lakh crore to cater to the current level of economic growth by 2030.
15.12 / 06:59
Provident
Target
Mobile
electronic
information
reports
Govt issues warning for some Samsung phones, advises urgent update
CERT-In) has issued a warning for some Samsung mobile phones, highlighting multiple vulnerabilities. The warning highlighted critical security issues affecting Samsung Mobile Android versions 11, 12, 13, and 14. «Multiple vulnerabilities have been reported in Samsung products which could allow an attacker to bypass implemented security restrictions, access sensitive information and execute arbitrary code on the targeted system,» CERT-In, which works under Ministry of Electronics and Information Technology of the Government of India, said in its advisory. The agency said that the vulnerabilities are diverse and impact various components of the Samsung ecosystem. «These vulnerabilities exist due to improper access control flaw in KnoxCustomManagerService and SmartManagerCN component, integer overflow vulnerability in facepreprocessing library; improper authorization verification vulnerability in AR Emoji, improper exception management vulnerability in Knox Guard, various out of bounds write vulnerabilities in bootloader, HDCP in HAL, libIfaaCa and libsavsac.so components, improper size check vulnerability in softsimd, improper input validation vulnerability in Smart Clip and implicit intent hijacking vulnerability in contacts,» it said. CERT-In warned that attackers may explot the vulnerabilities to «access device SIM PIN, read sandbox data of AR Emoji, bypass Knox Guard lock via changing system time and gain access to sensitive information, execute arbitrary code and compromise the targeted system». To mitigate the risks associated with these vulnerabilities, users are advised to promptly apply the security updates provided by Samsung in their official security advisory.
15.12 / 06:01
Target
Action
Gap
show
country
reports
gatherings
Rich countries’ hypocrisy and chicanery was in full show at COP28
Let him cast the first stone, he who has not sinned, said Jesus Christ. He was admonishing a crowd gathered to stone a woman of sin, one Mary Magdalene. He might have said the same thing at the Dubai climate summit, addressing the delegates from the rich world hollering for an early elimination of fossil fuels.
15.12 / 06:01
Target
President
show
country
2020
Joe Biden faces impeachment inquiry despite lack of evidence. Will the US President be removed?
Bill Clinton-- were impeached. Fourth Richard Nixon had resigned before his impeachment was put to vote. Now, Joe Biden faces the axe of a probable impeachment right before the Democratic leader would begin his election campaign for the US Presidential Poll 2024.
15.12 / 06:01
Citi
IPO
Target
Experts
band
recommendations
NOT
India Shelter IPO: Bidding ends today. GMP, subscription status, other details; apply or not?
India Shelter IPO: The initial public offering (IPO) of India Shelter Finance Corporation Limited Ltd opened for subscribers on 13th December 2023 and it will remain open till 15th December 2023. So, bidding for India Shelter IPO ends today. Hence, primary market investors have just one day in hand to apply for this IPO.
15.12 / 05:33
Target
Reuters
economy
Nov
show
Costs
Japan Nov CPI forecast to slow down as energy costs ease: Reuters poll
TOKYO (Reuters) — Japan's core consumer inflation was expected to ease in November, slowing down to the level seen in mid-2022, partly as energy price gains weakened, a Reuters poll showed on Friday.
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