Track Financial News
24.08 / 11:21
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Tracking the Charges in Trump’s Indictments
Joe Biden ’s electoral victory in Georgia, marking the fourth time the former president has been indicted this year and deepening his legal woes ahead of the 2024 election. Trump faces a total of 13 charges, alleging a criminal racketeering scheme in which he pressured public officials and conspired to commit forgery, create false statements and file false documents. Mar-a-Lago classified-document investigation Special counsel Jack Smith issued an indictment in June related to classified documents found at Trump’s Mar-a-Lago home that contained information about sensitive military secrets and nuclear programs.
24.08 / 10:43
UPS
Digital
Manufacturing
Bottomline
track
country
India’s GDP growth in June quarter to be at 8.3%, higher than RBI's estimate: SBI Economists
RBI) estimate of 8%, economists said. Economists at SBI, the country's largest lender, have pegged India’s economic growth for the June 2023 quarter at 8.3%. They expect total FY24 growth to be higher at 6.5%.
24.08 / 09:47
Provident
Landmark
Lattice
track
Suzlon bags 31.5MW wind energy project from Integrum Energy Infrastructure
Renewable energy solution provider Suzlon Group on Thursday said it has bagged an order from Integrum Energy Infrastructure for the development of a 31.5-MW wind energy project. "Suzlon will execute the project with a scope of supply, installation, and commissioning. Additionally, Suzlon will offer post-commissioning operation and maintenance services," the company said in a statement.
24.08 / 07:57
Citi
Provident
Digital
Platform
track
country
audience
Key trends that are shaping the real estate market in India
Real estate investment in India is undergoing a revolutionary transformation with more and more Indians choosing serenity, top-of-the-line technology, and sustainability as their primary criteria. These trends are not restricted to residential real estate, but even commercial spaces are reflecting these choices wherein smart technologies and ‘human’ elements are far outweighing traditional choices.
24.08 / 07:57
FIVE
CEO
Strategy
track
5 ways to protect yourself from cheque fraud
These days financial frauds are on the rise, and we must be careful and protect our wealth from fraud and cheating. Cheque frauds are also prevalent and a sophisticated form of financial crime that can have serious consequences.
24.08 / 07:57
Assurant
NIFTY
show
performer
track
Returns
Best Performing ELSS Mutual Funds in 3 years (August 2023): 13 schemes with 25% to 35% SIP returns
Best-performing ELSS Mutual Funds in 3 years (till August 22, 2023): Direct and regular plans of most of the tax-saving ELSS funds have given double-digit annualised returns in 3 years. However, not all of them have been able to beat their respective benchmark indices.
24.08 / 06:29
24.08 / 06:29
Booking
Platform
Entertainment
film
track
Shemaroo Entertainment appoints Manisha Dey as head of devotional and music division
Media and entertainment company Shemaroo Entertainment Ltd has announced the appointment of Manisha Dey as head of the devotional and music category. Dey comes with over 25 years in the media and entertainment industry, and has led content and partnerships at audio streaming service Gaana where she helped launch music and entertainment flagship properties such as ‘Gaana Originals’ and ‘Gaana Film Exclusives.’ Prior to Gaana, Dey has led content portfolios at music labels including Saregama-HMV, Tips Music & Films, Music-Today, Milestone-EMI and so on and served as national content head-VAS (value added services) role at IDEA cellular.
24.08 / 06:29
Provident
Booking
Manufacturing
Software
SpaceX
track
electronic
The Investing Opportunity in India's Chandrayaan Success
historic day for India. The country’s Chandrayaan-3 landed on the lunar south pole. We say this is a historic day for a few reasons.
24.08 / 05:55
COST
UPS
IPO
TCS
track
Hotel stocks a good space to be in for next couple of years: Rahul Chadha
«So what is happening in IT is clearly your discretionary spends have slowed down considerably. But at the same time, your large $2 billion cost of deals are happening. So somewhere, these deals are coming through. See, the corporates are saying, look there is an opportunity for us to look and revisit our processes,» says Rahul Chadha, CIO, Mirae Asset Global.Reliance Power issue got subscribed in 60 seconds of opening and it was a Rs 7000 crore IPO in 2008. Add inflation back up, it will be bigger than 25,000 today. I think we have seen that again.
24.08 / 04:33
IPO
Provident
Booking
Highways
band
track
NOT
Vishnu Prakash IPO opens today. GMP, review, other details. Apply or not?
₹94 to ₹99 per equity share and book build issue has made debut in grey market as well. According to market observers, shares of Vishnu Prakash R Punglia Limited are available at a premium of ₹65 per equity share in grey market today. 1] Vishnu Prakash IPO GMP today: According to market observers, Vishnu Prakash IPO grey market premium (GMP) today is ₹65.
24.08 / 03:41
Racing
stage
track
Ramaswamy
Time
Training
Mike Pence calls Vivek Ramaswamy ‘rookie’: ‘Not the time for on-the-job training,’ says former US vice president
Vivek Ramaswamy, a 38-year-old technology entrepreneur, emerged as an unexpected presence at the Republican National Committee Debate in Milwaukee. He positioned himself alongside established figures like former Vice President Mike Pence and Florida Governor Ron DeSantis. Ramaswamy's sudden rise in recent polls led to his prominent position on the stage, seated next to Governor DeSantis.
24.08 / 02:51
stage
track
country
Variant
infection
New COVID-19 variant BA.2.86 more infectious, capable of causing infection in vaccinated individuals: US CDC
Also read: Chandrayaan-3 Moon Landing Successful | LIVE Updates: NASA congratulates ISRO, says ‘glad to be partner in the mission' One significant aspect drawing the attention of scientists is the presence of 36 mutations that differentiate the BA.2.86 lineage from the currently dominant XBB.1.5 variant. However, the CDC emphasises that comprehensive laboratory testing of antibodies is challenging at this stage due to limited access to virus samples.
24.08 / 02:15
MET
Strategy
Uniqlo
track
country
QIA to invest $1 billion in Reliance Retail Ventures
QIA) agreed to invest ₹8,278 crore ($997 million) in Reliance Retail Ventures (RRVL) at an equity valuation of ₹8.2 lakh crore ($100 billion), making it the single largest investment by the sovereign wealth fund of the gas-rich country in India. RRVL, the holding company of Reliance Retail Ltd (RRL), had diluted 10.1% stake and raised over $6 billion in 2020 from several financial sponsors and sovereign wealth funds (SWFs) such as KKR, General Atlantic, TPG, Silver Lake, L Catterton, Abu Dhabi Investment Authority, Mubadala and Public Investment Fund of Saudi Arabia. QIA and RRVL announced the deal on Wednesday. The capital raise, at a 97% premium to the last round (₹4.2 lakh crore), sets a new valuation benchmark for a larger $3-4 billion raise being planned by RRVL, said people in the know.Europe Meeting The funding round from financial investors including SWFs from South-East Asia is part of a value-unlocking exercise ahead of a planned listing, said people in the know. At $100 billion, RRVL, with over 18,000 stores, will outpace global peers such as Tesco, Carrefour, Uniqlo and JD.com. In India, Reliance Retail, the largest in the segment by sales and profit already, will be almost 3.5 times the value of the largest listed retail chain, Avenue Supermarts, which owns DMart.
24.08 / 01:15
Provident
Waves
SUN
track
country
India over the moon as ISRO goes the distance
Chandrayaan-3, near the south pole of the moon. The success of India’s third lunar mission makes it only the fourth country to achieve the milestone after the US, Russia and China. As lander Vikram, touched down at the proposed landing site 70 metres near the south pole at 6.04 pm, it marked the culmination of the work of decades by the Indian Space Research Organisation (ISRO), evoking awe and winning plaudits from an array of global and local admirers. “India is on the Moon,” said chairman S Somanath to the sound of resounding cheers that erupted at the Mission Operations Complex (MOX) at Isro’s Telemetry Tracking and Command Network (ISTRAC) in Bengaluru. Terming the moment as “unforgettable,” Prime Minister Narendra Modi, who viewed the landing live from Johannesburg, said, “When we see such a history being made before our eyes, life becomes blessed. Such historical events become the eternal consciousness of a nation’s life.” Noting that India will soon launch the Aditya L1 mission, the prime minister said, “Even the Sun is not far away.” Speaking to the reporters after the monumental achievement, the ISRO chief attributed the success of Chandrayaan-3 to project director P Veeramuthuvel and mission directors M Srikanth and Kalpana K, and M Sankaran, director of the UR Rao Satellite Centre in Bengaluru. As soon as the landing was confirmed, MOX erupted in cheers, handshakes, and smiles.
24.08 / 00:54
FIVE
BLOCK
Waters
track
Feds approve offshore wind farm south of Rhode Island and Martha's Vineyard
A planned offshore wind farm moved a step closer to construction Tuesday with the Department of the Interior announcing it has approved the project
24.08 / 00:53
Target
Digital
Google
track
Children's advocates ask FTC to investigate Google for targeting ads to kids
Children's advocacy groups including Fairplay and Common Sense Media are asking the Federal Trade Commission to investigate Google, saying the tech giant serves personalized ads to kids on YouTube despite federal law prohibiting the practice
24.08 / 00:53
23.08 / 20:35
UPS
Amazon
show
track
song
‘Look What You Made Me Do’: Taylor Swift's re-recorded version appears in Amazon Prime Video’s thriller series ‘Wilderness’ teaser
Amazon Prime Video has released its official teaser of thriller series ‘Wilderness’. It has used Taylor Swift’s re-recorded version of ‘Reputation’ track ‘Look What You Made Me Do’.
23.08 / 19:31
Metro
track
'Ajit Pawar holding meetings with other ministry officials is normal practice'
Nationalist Congress Party (NCP) leader Praful Patel has justified Deputy Chief Minister Ajit Pawar holding meetings with officials of ministries other than his own, by stating that it was a normal practice. Patel was responding to questions by the media about Ajit Pawar chairing a meeting of projects which were already being monitored by the chief minister. «He is the Deputy Chief Minister.
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