Updates Financial News
18.12 / 10:29
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Updates
Mahindra makes India proud by beating its former partners Ford, Renault, Stellantis in market value. Anand Mahindra reacts
Anand Mahindra, the chairperson of the Mahindra Group, recently shared a compelling update on social media highlighting the market capitalization rankings of the world’s top automakers. Leading the list is Tesla, valued at an astonishing $1.23 trillion, followed by Toyota at $233.26 billion. Chinese automakers BYD and Xiaomi secured the third and fourth spots with valuations of $107.52 billion and $105.72 billion, respectively. Mahindra & Mahindra ranked 11th, with a market capitalization of $43.12 billion, placing it ahead of major global players like Stellantis, Ford, and Renault. Reflecting on this achievement, Anand Mahindra traced the company’s journey back from the early 1990s when India’s economy opened up. At that time, the world doubted whether Indian automakers could survive without external partnerships. Mahindra sought technological collaboration with companies like Peugeot (now part of Stellantis), Ford, and Renault to learn the art of building modern vehicles. While expressing gratitude for these partnerships, he noted the sense of fulfillment in seeing Mahindra now outpace some of these former collaborators in global market capitalizations. He emphasized that such milestones are never permanent but are a reminder of the constant effort required to stay competitive. Mahindra’s customer-centric approach and commitment to excellence, he stated, remain central to their long-term success and relevance.
18.12 / 09:57
Netflix
show
information
2020
Updates
Investigations
Dutch watchdog fines Netflix for not properly informing customers about data use
Dutch Data Protection Authority (DPA) said on Wednesday it fined Netflix 4.75 million euros ($4.98 million) for not properly informing customers about its use of their personal data between 2018 and 2020. The investigation, which started in 2019, showed that «Netflix did not inform customers clearly enough in its privacy statement about what exactly Netflix does with those data,» the DPA said in a statement. «Furthermore, customers did not receive sufficient information when they asked Netflix which data the company collects about them. These are violations of the General Data Protection Regulation (GDPR),» the watchdog said.
18.12 / 02:33
MET
Cooper
security
Strategy
Research
Experts
Updates
US to update its MTCR export control policies for India
«We are continuing to take steps to further knock down barriers to private sector cooperation, and importantly, we are in the process of finalising national security memorandum that will update our own export control policies under the Missile Technology Control Regime (MTCR),» Finer said. Finer, Deputy Secretary of State Kurt Campbell and Indian Ambassador to the US Vinay Kwatra visited Houston on Tuesday and met the astronauts of the Indian Space Research Organization (ISRO) who are training at NASA's Johnson Space Center to execute a joint effort of the International Space Station next year.
17.12 / 22:49
markets
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reports
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Relationships
peace
Cardi B updates fans on her split with Offset; here’s what you need to know
Cardi B gave a startling update on her relationship with Offset after filing for divorce in August. For the past three months, it's been drama; it's been arguing; it's been craziness in her life. The story of Cardi B and Offset's marriage is still ongoing. Cardi announced at the beginning of August that she was expecting their third child and that she was divorcing Offset. Indeed, she did so simultaneously, as quoted in a report by BuzzFeed. Soon after, it was reported that the most recent breakup was a long time coming and had nothing to do with Offset's alleged infidelity. They have been off and on in public for years since they first started dating in 2016. Cardi recently gave an update on her current relationship status with Offset on X Live. Considering the situation, it sounds like everything is going fairly well.
17.12 / 16:35
markets
Provident
Software
Research
students
Updates
International
H-1B visa overhaul gets White House nod, providing big relief for international students, entrepreneurs
USCIS) has introduced sweeping reforms to the H-1B visa program, refining eligibility standards and offering new flexibility to both employers and skilled foreign workers. The regulations, finalized on Tuesday, reintroduce a “prior deference” policy for visa extensions and address long-standing concerns regarding the program's integrity and accessibility.
17.12 / 11:25
Updates
South Africa vs Pakistan Live Score: 1st ODI of Pakistan tour of South Africa, 2024/25 to start at 05:30 PM
Venue : Boland Park, Paarl South Africa squad - David Miller, Rassie van der Dussen, Temba Bavuma, Tony de Zorzi, Tristan Stubbs, Aiden Markram, Andile Phehlukwayo, Marco Jansen, Heinrich Klaasen, Ryan Rickelton, Kagiso Rabada, Keshav Maharaj, Kwena Maphaka, Ottneil Baartman, Tabraiz Shamsi Pakistan squad - Abdullah Shafique, Babar Azam, Irfan Khan, Saim Ayub, Tayyab Tahir, Kamran Ghulam, Salman Agha, Mohammad Rizwan, Usman Khan, Abrar Ahmed, Haris Rauf, Mohammad Hasnain, Naseem Shah, Shaheen Afridi, Sufiyan Muqeem South Africa vs Pakistan Match Details 1st ODI of Pakistan tour of South Africa, 2024/25 between South Africa and Pakistan to be held at Boland Park, Paarl at 05:30 PM.
17.12 / 11:01
markets
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Trade
Updates
Stock market update: Stocks that hit 52-week lows on NSE in today's trade
Domestic benchmark index NSE Nifty ended 332.25 points at 24336.0, while the BSE Sensex closed 1064.12 points down at 80684.45.
17.12 / 10:51
markets
Food
wellness
trends
Trade
Experts
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Stock market update: FMCG stocks down as market falls
Umang Dairies Ltd.(up 6.94%), Gopal Snacks Ltd.(up 5.69%), Nakoda Group Of Industries Ltd.(up 3.79%), LT Foods Ltd.(up 2.99%), Euro India Fresh Foods Ltd.(up 2.68%), Sheetal Cool Products Ltd.(up 0.75%), ADF Foods Ltd.(up 0.71%) and Varun Beverages Ltd.(up 0.38%) stood among the top gainers.
17.12 / 10:42
markets
security
Software
Experts
PAM
Updates
Mili secures $2 million in funding led by Chiratae Ventures, BoldCap
wealth management firms, has raised $2 million in a funding round led by early-stage venture capital firms Chiratae Ventures and BoldCap. The round also saw participation from investors such as Sparrow Capital, SFMG Wealth Advisors and Better Capital. The funds will be used to enhance and accelerate the product by expanding customisation capabilities, enhancing integrations, scaling partnerships and hiring talent.
17.12 / 10:41
markets
Digital
Software
Experts
PAM
information
Updates
ITR filing: CBDT sending emails for mismatches in ITR, AIS, high-value transactions, not filing ITR for these years
Annual Information Statement (AIS) and those revealed in Income Tax Returns (ITRs) for the fiscal years 2023–2024 and 2021–2022 the Central Board of Direct Taxes (CBDT) has started an electronic campaign. In a press release dated December 17, 2024, the Ministry of Finance said, «People who have taxable income or major high-value transactions recorded in their AIS but have not filed ITRs for the relevant years are likewise the target of this campaign. The e-Verification Scheme, 2021, is being implemented in part via this endeavour.»
17.12 / 09:05
COST
Booking
Software
information
reports
Updates
NCERT textbooks to cost less from 2025, new books for classes 9-12 by 2026: Dharmendra Pradhan
Dharmendra Pradhan announced on Tuesday. The Council, which currently prints 5 crore textbooks in a year, is working to augment the capacity to 15 crore from next year, he said. The minister also informed that the new textbooks as per updated curriculum for classes 9-12 will be available from 2026-27 academic session. «In the next academic year, NCERT will publish 15 crore quality and affordable books....currently it publishes nearly 5 crore textbooks. Earlier there have been concerns about demand and supply issue about the textbooks, however, that will be addressed now,» Pradhan told reporters.
17.12 / 04:55
UPS
DOW
Honeywell
Updates
International
Honeywell weighs jettisoning aerospace division, following the breakup of other US conglomerates
Honeywell is considering selling its aerospace division as an activist investor pushes for change
17.12 / 00:47
COST
economy
show
track
Department
Updates
Federal government blew through fiscal guardrail to post $61.9-billion deficit, economic update shows
The federal government broke its key fiscal guardrail and posted a deficit of $61.9 billion for the 2023-2024 fiscal year, according to the fall economic statement released on Monday, blowing past the $40.1 billion level at which it promised to keep the deficit.
17.12 / 00:47
UPS
FIVE
Nov
Updates
International
mountaineering
What the resumption of services at Canada Post means for customers, competitors and the mail system
Canada Post workers are set to return to their routes on Dec. 17, following a decisive ruling by the Canada Industrial Relations Board (CIRB). But as the clock ticks toward the holidays, Canadians are left wondering: what happens to the mountains of undelivered mail, t he fate of delayed Christmas packages, and the unresolved contract negotiations between the Crown corporation and the Canadian Union of Postal Workers (CUPW)? Here are answers to some of Canadians’ most pressing questions:
16.12 / 19:07
markets
Provident
BLOCK
Action
Software
reports
Updates
Trai to roll out user-friendly DND app to combat spam menace
Trai) will launch an updated and more user-friendly 'do not disturb' (DND) app soon to provide mobile phone users some respite from spam. The app is planned to be launched in two months after deliberations with stakeholders on the technical feasibility of the new features, Trai chairman AK Lahoti told ET. «The intention is to make it user-friendly… the experience should be good, and it should become the preferred app for DND registration,» Lahoti said, adding that additional functionalities that can be built in, such as reporting and blocking spam calls, need to be examined.
16.12 / 15:47
COST
Extreme
Strategy
War
country
2020
Updates
Canada Finance Minister Freeland Quits Amid Rift Over Trump
(Bloomberg) — Canadian Finance Minister Chrystia Freeland resigned from Prime Minister Justin Trudeau’s cabinet because of differences over how to prepare for the Trump administration, a stunning move that shakes the government.
16.12 / 15:19
UPS
President
country
information
Department
Updates
Chrystia Freeland resigning from cabinet hours before fiscal update
Finance Minister Chrystia Freeland has announced her resignation from the federal cabinet, placing the blame on Prime Minister Justin Trudeau for her decision.
16.12 / 07:23
markets
Target
economy
Enterprise
performer
reports
Updates
China's economy logs a lackluster performance in November as retail sales slow
China has reported its economy logged a mixed performance in November, with retail sales slowing as consumers refrained from spending on non-essentials like cosmetics, alcohol and jewelry
16.12 / 05:35
markets
WhatsApp
Trade
Updates
Share market update: Most active stocks of the day in terms of total traded value
The NSE Nifty index traded 96.15 points down at 24672.15, while BSE Sensex was 338.44 points at 81794.68 as of 10:55AM(IST)on December 16.
16.12 / 04:47
markets
IPO
Experts
band
recommendations
Updates
International
International Gemmological Institute IPO Day 2 Live Updates: Issue booked 17% so far, check IGI IPO GMP today, review
₹1,900 crore from anchor investors on Thursday. The public offering, priced between ₹397 and ₹417 per share, is set to close on December 17.
15.12 / 20:01
Digital
SPY
Actor
Experts
show
reports
Updates
Prison Break reboot: Will Miller and Purcell be back? Here is the latest update
Created by Paul Scheuring, the series is set to return with a fresh yet familiar lineup, including iconic stars Wentworth Miller and Dominic Purcell. Both actors will reprise their roles from the original series, ensuring that Prison Break enthusiasts are in for a thrilling new chapter in the saga, as mentioned in a report by Digital Spy.
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