Track Financial News
07.08 / 07:43
COST
UPS
Extreme
Strategy
track
Aditya Birla Fashion’s Q1 is forgettable, and its troubles are far from over
Madura segment fared better. On a like-to-like basis, Pantaloons and Lifestyle brands (part of the Madura segment) growth fell by 8% and 3%, respectively. This implies that revenue growth was driven primarily by network expansion and new businesses (such as Reebok and TMRW), point out analysts from Kotak Institutional Equities.
07.08 / 06:29
FIVE
Strategy
COMPOSITE
performer
track
cover
fund launches
index
Kotak Mutual Fund launches Kotak S&P BSE Housing Index Fund
Kotak Mutual Fund has launched Kotak S&P BSE Housing Index Fund, an open-ended scheme replicating/tracking S&P BSE Housing Index. The new fund offer of the scheme is open for subscription and will close on August 21. The scheme will re-open for continuous sale and repurchase within five business days from the date of allotment units on or before. The scheme will be benchmarked against S&P BSE Housing Index (Total Return Index). The scheme will be managed by Devender Singhal, Satish Dondapati, and Abhishek Bisen.
07.08 / 06:29
performer
track
reports
Ola Electric to launch S1X on August 15: Reports
As per reports, the electric vehicle maker is planning to launch an electric scooter called S1X. It is expected to be an entry-level model at a starting price of less than Rs 1 lakh. Ola is expected to launch the S1X this independence day on August 15.
07.08 / 05:19
Action
NIFTY
SENSEX
track
Rupee rises 10 paise to 82.71 against US dollar
rupee gained 10 paise to 82.71 against the US dollar in early trade on Monday tracking positive domestic equities. However, sustained foreign fund outflows and strength of the American currency in the overseas market dented investor sentiments, forex traders said. At the interbank foreign exchange, the domestic unit opened at 82.73, then touched a high of 82.71 against the American currency, registering a rise of 10 paise over its last close.
07.08 / 05:01
Provident
Software
Enterprise
Verizon
track
social
Threat
Cyber
Cyber Security challenge: SMBs and large enterprises face common threat but separate response routes
According to data from the “Data Breach Investigation Report 2023” by Verizon, SMBs experience 699 incidents annually with 381 cases of confirmed data disclosure and large businesses face 496 incidents annually with 227 cases of confirmed data disclosure. System intrusion is the top common threat. There are several safeguards’ companies can implement to protect themselves, says the report.
07.08 / 04:39
IPO
band
track
hospital
Premium
Yatharth Hospital shares list at a premium of ₹4 per share on BSE. Details here
₹304, which is just ₹4 per share higher from upper price band of Yatharth Hospital IPO price of ₹300 per equity share. Yatharth Hospital is a multi-specialty hospital chain, and the company has a strong track record of growth with a diverse range of specialties and advanced medical equipment and technology.
07.08 / 04:39
Lowe's
BLOCK
track
Deal
share price
Adani Green share price declines 7% on block deal buzz
Adani Green Energy share price slumped 7% at open on August 7 due to the buzz on the Street that a block deal has taken place in the company shares. As per rumours, the Adani Green Energy's shares exchanged hands at around ₹925-930.
07.08 / 02:59
Waters
show
track
30 killed, over 90 injured in Pakistan train accident
Some of the derailed cars on the Hazara Express train overturned in the crash near the town of Nawabshah, senior railway officer Mahmoodur Rehman Lakho said. The train was going from Karachi to Rawalpindi when the 10 cars went off the tracks near the Sarhari railway station. The derailed cars sprawled across or near the tracks in the flat, rural landscape.
07.08 / 02:19
UPS
Provident
CEO
Strategy
track
safe
Financial
No one is too smart to be duped! Smart tips to stay safe from financial scams
financial scams is thinking you're too smart to be duped by one. «We're all vulnerable — we can all fall for a scam given the right set of circumstances,» says Eva Velasquez, president and CEO of the Identity Theft Resource Center, a nonprofit organization that provides advice and assistance related to identity theft. Keeping yourself safe starts with accepting that fact, she adds. «You look at the profiles of victims who filed complaints and it runs the gamut from highly educated, high-income people all the way down to the most vulnerable people in our population,» says John Breyault, vice president of public policy, telecommunications and fraud at the National Consumers League, a nonprofit advocacy group that speaks out about consumer concerns. While there isn't a «foolproof solution to stay safe from all scams,» as Breyault puts it, there are strategies you can employ to reduce your risk. Here are four of the most important ones:
07.08 / 01:21
06.08 / 20:33
UPS
Provident
CEO
show
track
RBI to prolong pause, probability of hike small, says ICICI Securities Primary Dealership CEO
The recent rebound in inflationary pressures has sparked apprehension of whether more rate hikes are in the offing, but if one excludes the volatile movements in vegetable prices, the current levels of the consumer price index may not call for more tightening, Shailendra Jhingan, CEO of ICICI Securities Primary Dealership told Bhaskar Dutta. Edited excerpts:Food inflation has hardened considerably and there are concerns over inflation spillovers. What do you expect from the MPC's policy statement on Thursday? We think that RBI will retain the monetary policy stance of withdrawal of accommodation.
06.08 / 17:15
COST
Provident
Target
Platform
track
country
PM flags off 508 stations’ makeover
₹24,470 crore. The railways has set an internal target of one-and-a-half years to two years to complete the projects. Speaking through videoconference, the prime minister said that the redevelopment project will represent a huge boost for infrastructure development in the country.
06.08 / 17:03
UPS
Citi
FIVE
Remark
Highways
track
country
15 rail stations in Haryana to be revamped under Amrit Bharat Station Scheme
Railway Minister Ashwini Vaishnaw for selecting 15 Haryana stations for redevelopment under the 'Amrit Bharat Station Scheme'. Prime Minister Narendra Modi on Sunday laid the foundation stone for the redevelopment of 508 railway stations across the country via video conferencing. These stations are spread across 27 states and union territories and also include 22 in Punjab.
06.08 / 17:03
Aviat
Airlines
Strategy
Boeing
track
A competitive aviation sector is truly giving wings to India's rapidly growing economy
India is the third largest aviation market globally, thanks to robust infrastructure, new state-of-the-art airports, multiple airlines, and a large passenger base. In May, the ministry of civil aviation said that domestic airlines saw an annual growth of 43% in terms of passengers carried. The sector contributes to 5% of GDP and 4 million jobs.
06.08 / 13:01
COST
Provident
Progressive
track
country
No hike in rail fares in name of station revamp, says Railways Minister Ashwini Vaishnaw
Railways Minister Ashwini Vaishnaw said Sunday after Prime Minister Narendra Modi laid the foundation stone for the revamp of 508 stations across the country. Vaishnaw said about Rs 25,000 crore needed for the redevelopment project will be allocated through the current Budget, asserting that the project is aimed at facilitating seamless travel for passengers across all strata of society. «PM Modi is working to elevate the lives of the common people.
06.08 / 11:53
Citi
Booking
Entertainment
film
track
star
Offices in Chennai, Bengaluru shut on August 10 for 'Jailer' release
Jailer,' starring Rajinikanth, is all set for a grand release on August 10th, with expectations of a strong debut at the box office across India. Rajinikanth is making a triumphant return to the big screen, after a hiatus of nearly 2 years. And for those fervent Rajinikanth fanbase, there is good news.
06.08 / 08:51
BTS
Oscar
track
star
social
song
Indian
Indian fans left awestruck as K-Pop star Jungkook hums to RRR's 'Naatu Naatu' song; Video inside
K-Pop group BTS, has been making waves on social media after showcasing his fondness for the Indian song 'Naatu Naatu.' During a live session, Jungkook was seen humming the tune of this Oscar-winning track, sparking excitement among his fans and admirers. The song, featured in the movie RRR, gained global recognition by clinching the esteemed Oscar Award this year. Jungkook's unexpected connection with the Indian melody has ignited discussions and praise across various platforms.
06.08 / 08:41
UPS
FIVE
VISA
track
country
Indian
open
US F1 visa: More slots open up, giving hope to Indian students
Indian students comprise over 21 per cent of the total population of international students in the United States. During the 2021-2022 academic year, nearly 200,000 Indian students were studying in the United States.
06.08 / 08:41
COST
Provident
Target
Platform
track
country
PM lays foundation stone for redevelopment of 508 railway stations
Narendra Modi laid the foundation stone for the redevelopment of 508 railway stations across the country via video conferencing on Sunday. Redeveloped at a cost of more than ₹24,470 crore, the 508 stations are spread across 27 states and union territories, including 55 each in Uttar Pradesh and Rajasthan, 49 in Bihar, 44 in Maharashtra and 37 in West Bengal. The railways has set an internal target of one-and-a-half years to two years to complete the projects.
06.08 / 07:45
Digital
Celebrity
track
fugitive
One of Italy's most wanted fugitive caught after 11 years on the run; here's how he has tracked
Vincenzo La Porta, a 60-year-old on Italy's most-wanted list, was spotted in a photo taken during the Napoli fans' festivities at a restaurant on the Greek island. La Porta, considered associated with the Naples-based Camorra crime syndicate, had been evading authorities for 11 years. However, his passion for soccer and hometown team Napoli ultimately proved to be his downfall. Italian Carabinieri police tracked down the fugitive after spotting him holding a sky-blue scarf, Napoli's team colors, in the celebratory photo. With help from Greek authorities, La Porta was arrested while riding a motor scooter on Corfu.
06.08 / 05:37
UPS
IPO
Provident
Aware
Strategy
track
IPOs
Mind
7 things investors should keep in mind before betting on IPOs
IPO market is also buzzing with high-value IPOs, both in the mainboard and the SME space. India’s rising purchase power has resulted in consistent growth in investment from retail investors and institutional investors alike. Guided by SEBI, the increased awareness and investor-centric environment have enabled a transparent transaction eco-system that is helping investors in making informed decisions.
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