Target Financial News
02.08 / 03:47
COST
Target
Booking
NASDAQ
Software
reports
Freshworks reports 19% rise in revenues, expects $28 million of operating profit for 2023
Freshworks on Tuesday reported a 19% rise in its revenues to $145.1 million for quarter ending in June, and raised its full-year financial forecast for 2023 midpoint saying it will hit adjusted operating profit of $28 million. The Chennai and San Mateo, California-headquartered company said its net loss shrank to $35.66 million, or 12 cents per share, in the first quarter ended June 2023, from $69.75 million, or 24 cents per share, a year earlier. The company had raised its full-year 2023 financial forecast to an adjusted operating profit of $5 million in the previous quarter ended March 31, 2023.
02.08 / 02:39
Citi
Waves
Target
Telegram
Southern
Kyiv mayor says Russian drone attack targets Ukraine capital
Kyiv's mayor said on Wednesday that a Russian drone attack on the capital overnight caused damage in multiple districts. «As a result of the enemy attack on the capital and the fall of (unmanned aerial vehicle) wreckage, a non-residential building was damaged in the Solomyansky district,» Kyiv Mayor Vitali Klitschko said on Telegram. Kyiv's busy Solomyansky district hosts an international airport.
02.08 / 01:59
Provident
Target
Platform
show
track
Hero
Stocks to Watch: Maruti, Adani Total, Hero MotoCorp, ONGC, Cholamandalam Fin
Maruti Suzuki: Maruti Suzuki India reported single-digit sales growth in July with the sports utility segment continuing to drive overall demand in the market. Maruti Suzuki on Tuesday said its total domestic passenger vehicle sales stood at 1,52,126 units last month as compared to 1,42,850 units in the year-ago month, a growth of 6 per cent. Utility vehicles, consisting of Brezza, Ertiga, Fronx, Grand Vitara, Jimny and XL6, clocked sales of 62,049 units last month, a two-fold jump as against 23,272 units dispatched in the year-ago period.
02.08 / 01:31
Target
Entertainment
performer
Future
Future Fund promotes Ben Samild as new CIO
The $202 billion Future Fund has appointed Ben Samild as its new chief investment officer – ending a year-long period in which chief executive Raphael Arndt held the dual role.
02.08 / 01:27
UPS
Target
AXY
Manufacturing
NIFTY
SENSEX
Day trading guide for today: Six buy or sell stocks for Wednesday —August 2
Day trading guide for today: Domestic equity benchmarks Sensex and Nifty ended lower during Tuesday’s session on profit-booking select heavyweights, including Reliance Industries, Power Grid, State Bank of India, and ICICI Bank amid mixed global cues. Sensex remained volatile throughout the session and closed 68 points, or 0.10 per cent, lower at 66,459.31 while Nifty closed the day with a loss of 20 points, or 0.10 per cent, at 19,733.55. The BSE Midcpap index underperformed the benchmark Sensex, falling 0.23 per cent.
02.08 / 01:23
COST
UPS
Target
Booking
Progressive
Chola Investment Q1 net profit rises 28% to Rs 726 crore
Cholamandalam Investment and Finance, the non-banking finance company of the Murugappa Group, reported a 28% growth in net profit year-on-year to ₹726 crore in the quarter that ended June 2023 from ₹566 crore a year ago led by strong growth in assets under management (AUM). Assets rose 42% year-on-year to ₹1.22 lakh crore from ₹ 86,703 crore a year earlier.
02.08 / 01:23
UPS
Target
FIVE
BLOCK
RIG
social
Trump
The election-meddling indictment against Trump is sprawling. Here's a breakdown of the case
Donald Trump for years has promoted baseless claims that the 2020 election was stolen from him. In truth, Trump was the one who tried to steal the election, federal prosecutors said Tuesday in a sprawling indictment that paints the former president as desperate to cling to power he knew had been stripped away by voters. The Justice Department indictment accuses Trump of brazenly conspiring with allies to spread falsehoods and concoct schemes intended to overturn his election loss to President Joe Biden as legal challenges floundered in court.
02.08 / 01:23
COST
IPO
Target
Strategy
performer
Investors betting big on high-yielding credit opportunities
investors Cerberus Capital, Ares SSG, Varde Partners, and Davidson Kempner are raising their bets in the Indian market as many stressed firms, largely cut off from bank funding, offer an opportunity. Recently, a Shapoorji Pallonji Group company raised ₹14,300 crore through the sale of bonds at a yield of 18.75%.
02.08 / 00:49
Target
CEO
Platform
country
exclusive
Slack
India’s key go-to-market, product gub: Slack CEO Lidiane Jones
Slack sees India as a key go-to-market and production region, said CEO Lidiane Jones. Cloud services giant Salesforce acquired Slack for around $28 billion in 2021. Speaking exclusively with ET, Jones said that India represents a key product development hub for the company.
01.08 / 23:51
Target
week
Financial
Stock Radar: Post 16% rise in a week, there is more room to rally. Is this financial stock a good buy now?
Indian Railways Finance Corporation (IRFC), a part of the financial services space, rallied over 16% in a week to hit a fresh record high and the chart structure suggests that the rally may not be over yet.Short-term traders can look to buy the stock for a possible target of Rs 45 in 2 months, suggest experts.The stock rose from Rs 35.10 on July 24 to a record high of Rs 40.99 registered on August 1 in intraday trade, which translates into an
01.08 / 23:04
01.08 / 23:04
01.08 / 23:03
UPS
Waves
Target
Citizens
country
coup
Support
Niger crisis deepens as European nations evacuate and coup leaders get support from other juntas
A French military transport plane carrying Europeans has departed Niger in the first such evacuation flight since mutinous soldiers ousted the country’s democratically elected president nearly a week ago and shut its borders
01.08 / 23:03
01.08 / 20:49
Target
Aviat
NASDAQ
Software
Enterprise
show
Deal
Melbourne SPAC on the prowl again as $185m buyout deal falls over
How about a moment of silence for Aaron Hornlimann’s deal to sell his startup Elenium Automation to a Nasdaq-listed SPAC for an eye-watering $185 million valuation.
01.08 / 19:05
UPS
Target
Cooper
Manufacturing
Action
cover
Hero
ED at two Hero offices, Pawan Munjal’s house
NEW DELHI : The Enforcement Directorate (ED), the federal agency responsible for investigating money laundering and other financial irregularities, on Tuesday conducted searches at the premises of two-wheeler maker Hero MotoCorp Ltd and the residence of executive chairman Pawan Munjal, two people familiar with the development said. The company said it was cooperating with the agency. “Officials from the Enforcement Directorate today visited two of our offices in Delhi and Gurugram and the residence of our executive chairman Dr Pawan Munjal.
01.08 / 17:53
01.08 / 17:53
UPS
Target
Man
Manufacturing
Continental
country
Renewables
Brookfield
Brookfield, RIL bet on renewables in Australia
₹5.95 trillion) in green energy and other projects in Gujarat. It will also set up a 10GW solar project in Andhra Pradesh.
01.08 / 17:53
Target
NIFTY
VIX
performer
Buy or sell: Vaishali Parekh recommends three stocks to buy today — 02nd August
Nifty both closed with minor losses of 0.1 per cent each. However, Nifty Midcap and Nifty Smallcap registered gains, closing higher by 0.03 per cent and 0.68 per cent respectively. Among the top gainers were Nifty IT, Nifty Metal, and Nifty Pharma, while Nifty Realty, Nifty PSU Bank, and Nifty FMCG were among the top losers.
01.08 / 17:23
Target
Progressive
Manufacturing
Align
Honeywell
performer
social
Pharmaceuticals
Teva Pharmaceuticals joins forces with Honeywell for energy efficiency
Teva Pharmaceuticals, a leading generic pharmaceutical company, is taking proactive measures to reduce its environmental impact by partnering with Honeywell, a technology company, to optimize energy consumption and carbon emissions at its manufacturing facility in Debrecen, Hungary.
01.08 / 17:09
UPS
Target
SEC
Inside
poker
Pilots
Paramours, Pilots and a Poker Pal: Longtime Tottenham Owner Allegedly Shared Ins
The globe-trotting billionaire Joe Lewis , longtime owner of the London soccer club Tottenham Hotspur, spent the evening of July 25, 2019, with a woman who was then his girlfriend, dining on room service at the Four Seasons hotel in Seoul. U.S. prosecutors say he also fed her confidential information about coming disclosures by a life-sciences company that she used to make stock trades that ultimately netted her hundreds of thousands of dollars.
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