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24.10 / 19:33
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Companies News Today Live Updates on October 25, 2024: ITC Q2 Results: Net profit rises 3% to ₹5,078 crore, revenue up 17% YoY; 5 key highlights
Companies News Today Live Updates: Stay ahead of the curve with the latest insights from the corporate world through our company news coverage. This section provides a detailed look at significant events affecting industries and markets globally, including mergers, acquisitions, financial reports, and strategic shifts in leadership and operations.
24.10 / 16:51
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abrdn shares plunge 8% as investors pull £3.1bn in third quarter
In its quarterly trading update today (24 October), the firm reported £3.5bn in net outflows from its investment arm, bringing the year-to-date total for the division to £4.5bn — a significant drop from the £13.5bn withdrawn by investors during the same period last year. The FTSE 250 asset manager said outflows were primarily driven by equities, which remain impacted by «challenging conditions» for flows in Asia and emerging markets, along with a shift towards passive and quantitative strategies. Investors pulled a net £2.4bn from the firm's equities strategies during the quarter, off...
24.10 / 13:39
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Headlines
'Strong case' for another jumbo Bank of Canada rate cut, say economists
The Bank of Canada supersized its fourth consecutive interest rate cut to 50 basis points from the standard 25 basis points, bringing its benchmark lending rate below four per cent for the first time in two years.
24.10 / 11:49
Provident
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Upcoming Apple's MacBook Air models to retain familiar design while upgrading to M4 chips: Report
forthcoming MacBook Air will likely retain a design akin to the current models, which debuted in 2022, but will incorporate the advanced M4 chip. The new 13-inch and 15-inch variants, codenamed J713 and J715, are expected to enhance performance and improve the handling of artificial intelligence tasks.In an unusual move, Apple reportedly plans to update its entire range of Mac computers to the same chip generation, namely the M4.
24.10 / 11:33
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Stock market update: Power stocks down as market falls
Reliance Power Ltd.(up 4.99%), Jyoti Structures Ltd.(up 3.96%), Adani Power Ltd.(up 2.90%), NHPC Ltd.(up 2.40%), Karma Energy Ltd.(up 1.06%), NTPC Ltd.(up 0.89%), Power Grid Corporation of India Ltd.(up 0.72%), Inox Wind Ltd.(up 0.55%), PTC India Ltd.(up 0.47%) and Suzlon Energy Ltd.(up 0.44%) stood among the top gainers.
24.10 / 11:33
24.10 / 11:23
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Pushpa 3 major update shared by producers: What's next for Allu Arjun's action-drama franchise
Pushpa 2: The Rule on December 5, 2024, fans are eager to know what’s next. During a recent press conference, producers of the film hinted at a potential third part, confirming that discussions around Pushpa 3 have already begun.
24.10 / 11:23
24.10 / 11:23
24.10 / 11:23
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Stock market update: Sugar stocks down as market falls
Simbhaoli Sugars Ltd.(up 4.99%), Ponni Sugars(Erode)Ltd.(up 1.06%), Kothari Sugars & Chemicals Ltd.(up 1.00%), DCM Shriram Industries Ltd.(up 0.33%), EID Parry(India)Ltd.(up 0.32%), KCP Sugar & Industries Corporation Ltd.(up 0.32%) and Dhampur Sugar Mills Ltd.(up 0.20%) stood among the top gainers.
24.10 / 10:43
24.10 / 05:11
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Stock market update: FMCG stocks down as market rises
JHS Svendgaard Laboratories Ltd.(up 3.63%), Euro India Fresh Foods Ltd.(up 3.03%), Jyothy Labs Ltd.(up 2.91%), Gillette India Ltd.(up 1.63%), Prataap Snacks Ltd.(up 1.52%), Dangee Dums Ltd.(up 1.38%), Honasa Consumer Ltd.(up 1.09%), LT Foods Ltd.(up 0.87%), Adani Wilmar Ltd.(up 0.81%) and Patanjali Foods Ltd.(up 0.70%) were among the top gainers.
24.10 / 05:11
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Stock market update: Sugar stocks up as market falls
Simbhaoli Sugars Ltd.(up 4.99%), Kothari Sugars & Chemicals Ltd.(up 2.19%), DCM Shriram Industries Ltd.(up 1.42%), Balrampur Chini Mills Ltd.(up 1.14%), Vishwaraj Sugar Industries Ltd.(up 0.69%), EID Parry(India)Ltd.(up 0.63%), Uttam Sugar Mills Ltd.(up 0.59%), Dhampur Sugar Mills Ltd.(up 0.45%), KCP Sugar & Industries Corporation Ltd.(up 0.45%) and Avadh Sugar & Energy Ltd.(up 0.27%) were among the top gainers.
24.10 / 03:15
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What Gurmeet Chadha is buying and adding to his portfolio now
Gurmeet Chadha, Co-Founder & CEO, Complete Circle Consultants, says wherever there is earning support, one can buy a basket. Complete Circle likes financials and has been dipping into it. Amongst largecaps, they have bought ICICI and added to SBI. In tier II banks, they have added Federal Bank and are also looking at some select NBFCs. They are also adding a few defence names with a 20-30% correction from the peak. Plus, they are adding some auto ancillary stocks, which have been under a lot of pressure. In PSUs, Chadha is gung-ho on PSU banks. SBI trades at book. Bank of Baroda came up with a very good update. In Bank of Baroda, the retail mix is improving. What is your take on the markets at this juncture because it has been a decent sell-off from the high point. Is there any area where you are finding the valuations to be attractive or good opportunities at this price point? Also help us with your take on the PSUs because they have been feeling the heat and do you believe that the PSUs have some headroom for recovery? Gurmeet Chadha: In absolute terms, there is a lot of selling in the market. Nobody really anticipated this kind of selling coming through and in a matter of a few weeks. So, almost $12-$13 billion is gone and the market has still absorbed quite a bit of it.
24.10 / 00:53
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Companies News Today Live Updates on October 24, 2024: More than half of Uber's 1 million fleet in the country comprises bike taxis and autos
Companies News Today Live Updates: Stay ahead of the curve with the latest insights from the corporate world through our company news coverage. This section provides a detailed look at significant events affecting industries and markets globally, including mergers, acquisitions, financial reports, and strategic shifts in leadership and operations.
24.10 / 00:31
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Halifax Walmart still paying shifted employees as closure continues from death in oven
the body of a 19-year-old woman was discovered inside of a walk-in oven in the bakery department at a Walmart on Mumford Road in Halifax.Halifax Regional Police have remained tight-lipped on the details surrounding how it happened and have not released much information from the investigation.Police told Global News on Wednesday their officers are no longer at the scene but that other agencies may still be there, such as the province’s labour department.Nova Scotia’s medical examiner is working to determine the cause of death which has not yet been released.A police spokesperson said investigation is “complex” and there is no timeline on when further updates will be available.The store has remained closed to customers since Saturday night and there is no date for reopening.Walk-in ovens, also referred to as cabinet or batch ovens, allow for curing, drying or baking in batches using wheeled racks or carts.
23.10 / 11:15
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Stock market update: Sugar stocks up as market falls
Triveni Engineering & Industries Ltd.(up 3.35%), Mawana Sugars Ltd.(up 2.34%), Dwarikesh Sugar Industries Ltd.(up 2.32%), Shree Renuka Sugars Ltd.(up 2.07%), Magadh Sugar & Energy Ltd.(up 1.80%), Balrampur Chini Mills Ltd.(up 1.80%), Bajaj Hindusthan Sugar Ltd.(up 1.77%), KM Sugar Mills Ltd.(up 1.76%), Ugar Sugar Works Ltd.(up 1.13%) and Dalmia Bharat Sugar and Industries Ltd.(up 1.12%) stood among the top gainers.
23.10 / 11:15
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Stock market update: Mining stocks up as market falls
Gujarat Mineral Development Corporation Ltd.(up 8.26%), Oriental Trimex Ltd.(up 5.01%), Lexus Granito(India)Ltd.(up 3.35%), The Orissa Minerals Development Company Ltd.(up 2.31%), MOIL Ltd.(up 1.61%), Aro Granite Industries Ltd.(up 1.42%), Ashapura Minechem Ltd.(up 1.40%), NMDC Ltd.(up 1.34%), Madhav Marbles & Granites Ltd.(up 1.31%) and Coal India Ltd.(up 1.23%) stood among the top gainers.
23.10 / 11:15
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Share market update: Most active stocks in today's market in terms of volume
The NSE Nifty index closed 36.6 points down at 24435.5, while BSE Sensex ended down 138.74 points at 80081.98.
23.10 / 11:15
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Stock market update: Power stocks up as market falls
Reliance Power Ltd.(up 5.00%), Jyoti Structures Ltd.(up 4.94%), Gujarat Industries Power Company Ltd.(up 4.08%), Transformers & Rectifiers(India)Ltd.(up 3.14%), Orient Green Power Company Ltd.(up 2.87%), JSW Energy Ltd.(up 2.62%), Voltamp Transformers Ltd.(up 1.85%), KPI Green Energy Ltd.(up 1.41%), Inox Wind Energy Ltd.(up 1.35%) and PTC India Ltd.(up 1.24%) stood among the top gainers.
23.10 / 09:11
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Employee survives serious car accident but boss wants him at work. Netizens urge: Save the screenshot
viral post on X has sparked outrage after revealing a manager’s heartless response to an employee who survived a serious car accident. The post, shared by user @kirawontmiss, includes a screenshot of their text conversation. Instead of offering concern or checking on the employee’s well-being, the manager’s message focused solely on the employee’s return to work. Some users urged the employee to quit immediately and use the screenshot as evidence in future job interviews if asked why they left. The screenshot begins with the employee sharing a photo of their car, which was severely damaged in the crash, clearly indicating the seriousness of the accident. Rather than expressing sympathy, the manager’s reply asks the employee to “keep me updated on what time you’re expecting to be here.” This dismissive response was followed by another message a day later when the employee did not respond promptly. In it, the manager states that only a death in the family would be considered a valid excuse for missing work, implying the accident was not reason enough to stay away.
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