Track Financial News
26.01 / 09:59
markets
Digital
Strategy
PAM
track
reports
Traffic
2 empty coaches derails near Padmapukuar railway station, no report of any injury
empty coaches of a train derailed after it was hit by a parcel van near Padmapukuar railway station of West Bengal's Howrah district on Sunday, an official said. There was no report of any injury in the freak incident, not far from Howrah station, the official of the South Eastern Railway said.
26.01 / 09:59
markets
CEO
Strategy
track
reports
Courts
Investigations
Torres Jewellery Scam: CEO Tausif Riyaz arrested in Rs 1,000 crore fraud, sent to police custody till Feb 3
Tausif Riyaz, CEO of Platinum Hern, the company behind Torres Jewellers, was arrested on Sunday at a hotel in Lonavala, Maharashtra, in connection with the ongoing investigation into the Torres Jewellery Rs 1,000 crore investment fraud, reported TOI citing police sources. After his arrest, Riyaz was presented before a court, which remanded him to police custody until February 3.
25.01 / 21:19
markets
UPS
Immunic
Trade
track
electronic
HSBC and others are saying goodbye to senior traders before bonuses
US banks have announced bonuses. European banks have not. Before they do, it seems they are removing some senior heads.
25.01 / 21:19
UPS
Death
wellness
track
Inside
information
The banks with shortest working hours may not be those you thought
If you want to work in investment banking, you have to accept that you will not have much of a life outside of it. The industry considers 80 hours a reasonable limit. 100 hours are when things get problematic, but 120-hour work weeks are not unheard of.
25.01 / 15:43
markets
Blockchain
Digital
security
Doge
track
Department
Musk exploring blockchain use in US government efficiency effort
Elon Musk has initiated conversations about using blockchain technology at the new Department of Government Efficiency, according to people with knowledge of the discussions. It’s the latest sign of the Trump administration’s efforts to bolster the digital asset industry.
25.01 / 01:33
markets
Digital
Strategy
Experts
PAM
track
Paint companies of all hues line up for Akzo Nobel India
JSW Paints, Berger and Indigo Paints submitted non-binding bids for the acquisition of Akzo Nobel India, the owner of Dulux Paints, earlier this week, said people aware of the matter. The industry is looking to consolidate following the entry of Aditya Birla Group into the estimated $9 billion paints sector last year.
24.01 / 12:41
24.01 / 08:53
24.01 / 08:53
Digital
Manufacturing
Analysis
Research
wellness
Trade
track
Syngene's capex on track; focus on R&D and biologics to fuel future expansion: Jonathan Hunt
«We were successful during the course of converting a number of those into permanent contracts and that will give us a foundation for growth as we go into the future,» says Jonathan Hunt, Syngene International. It was a good quarter coming in when you talk about the third quarter. But I also wanted to talk about your discovery services division particularly. So, the initial China plus one pilot project with large and mid-sized pharma companies as well starting to convert into longer-term contracts. So, tell us a little more about this particular division then. Jonathan Hunt: I should start with the results. Overall, we saw a return to growth. As you know, during the course of the year, we saw a little bit of softness in the first half. First quarter, second quarter revenue were both minus 2%. But we predicted that the second half of the year things would start to pick up and we hoped that we would get back to growth and that is exactly what we saw, so plus 11% for the quarter. Nicely balanced across the business.
24.01 / 08:11
FIVE
economy
Pool
trends
track
inclusion
reports
Can a 30% flat deduction bring taxpayers back to long-term investments, insurance?
Subscribe to enjoy similar stories. When the new income tax regime was introduced in 2021, people were taken aback by the lack of most deductions. However, the simplified tax regime made a lot of sense.
24.01 / 02:15
markets
UPS
Analysis
Trade
President
Experts
track
Gold set for fourth week of gains amid Trump policy jitters
Gold prices edged higher and were on track for a fourth straight weekly gain on Friday, as uncertainty about U.S. President Donald Trump's trade plans took wind out of the dollar's sail, boosting demand for the safe-haven asset.
23.01 / 14:15
23.01 / 06:05
markets
Analysis
Sustainability
trends
Trade
Experts
track
Wipro shares rally 5% amid strong Q3 earnings and global tech surge
Wipro surged 5% on Thursday to Rs 324.55 on the BSE, buoyed by sustained optimism following strong third-quarter earnings from the IT services giant. Broader enthusiasm for Indian IT stocks, which tracked a global tech rally driven by the U.S.'s $500 billion AI investment push, fueled a 2% rise in the Nifty IT index, further lifting sentiment. Wipro reported a 24% year-on-year growth in consolidated net profit for the quarter ended December 31, 2024, reaching Rs 3,354 crore. Revenue from operations rose marginally by 0.5% to Rs 22,319 crore during the December quarter. Sequentially, profit after tax (PAT) increased by nearly 5%, while revenue edged up 0.1% in Q3FY25.
23.01 / 00:25
COST
UPS
wellness
track
travelers
Traffic
budget 2025
Budget 2025 | Railways may step up investment for augmenting network in FY26 budget
Subscribe to enjoy similar stories. New Delhi: Indian Railways is preparing itself for a big increase in allocations for laying new train tracks in the upcoming budget as part of efforts to modernize the network, deploy fast train and rail travel safer. The plan is to raise allocations for new tracks to over ₹50,000 crore in FY26, a 50% increase over budgeted expenditure for FY25, according to two persons aware of the development.
22.01 / 15:39
markets
COST
economy
Food
wellness
trends
track
Bank of Canada's job 'far from done': What economists are saying about the inflation data
Canada’s consumer price index rose 1.8 per cent in December from the year before, less than the 1.9 per cent increase expected by economists, giving the Bank of Canada a final data point before it meets Jan. 29 to announce its next interest rate decision.
22.01 / 13:01
Sustainability
track
reports
Destinations
Jalgaon Train Accident LIVE: At least six passengers killed after being run over by Karnataka Express in Jalgaon
Jalgaon Train Accident LIVE: In Maharashtra's Jalgaon, a tragic incident was reported on Wednesday. While Pushpak Express was on its way to its destination on January 22, a false fire alarm was raised at Jalgaon's Paranda Railway Station.
22.01 / 11:31
markets
Strategy
wellness
Experts
track
reports
budget 2025
Budget 2025: Will Indian Railways accelerate to global standards with govt’s budgetary allocation?
'Dilwale Dulhania Le Jayenge' post-independence.
21.01 / 10:55
markets
IPO
Digital
Platform
wellness
track
Features
Mint Explainer: Why Razorpay and Cashfree are ditching Juspay, and what it means for the fintech sector
Subscribe to enjoy similar stories. On Monday, payment aggregators Razorpay and Cashfree announced their decision to transition away from third-party orchestration platforms such as SoftBank-backed Juspay to encourage merchants to use their in-house orchestration services. PhonePe made a similar move last year.
20.01 / 09:11
markets
Research
show
track
social
Pregnancy
information
'Pregnancy affects brain': Study shows a reduction in gray matter important for thinking, learning, and memory
Nature Communications-, shows these changes occur in 94% of the brain and are especially noticeable in the default mode network, a region linked to social cognition. Gray matter processes and interprets information, enabling thinking, learning, and memory.
20.01 / 09:09
markets
DOW
economy
track
reports
The stock rally is back on track. Memories of 2022 linger.
Subscribe to enjoy similar stories. Investors have to gauge whether corporate earnings can perpetuate the stock rally. Stocks got their groove back in the days ahead of Donald Trump’s presidential inauguration, but some investors are worried that the shadow of 2022 will loom over markets this year.
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