Updates Financial News

Shares of TVS Motor Company Ltd.(up 2.25 per cent), Bosch Ltd.(up 2.08 per cent), Mahindra & Mahindra Ltd.(up 1.74 per cent), Hero MotoCorp Ltd.(up 1.51 per cent) and Ashok Leyland Ltd.(up 1.05 per cent) ended the day as top gainers in the pack.

Brainbees Solutions Ltd, the parent firm of baby and mother care product retailer FirstCry, on Friday reported a 17% growth in operating revenue to Rs 1,652 crore for the quarter ended June 30, 2024. For the first quarter of fiscal year 2025, the omnichannel retailer said its net loss stood at Rs 75 crore, against a loss of Rs 110 crore a year ago. The firm saw its gross merchandise value (GMV), a proxy for net sales, grow 17% from a year ago to Rs 2,318 crore in the quarter ended June 30, 2024.

Shares of Au Small Finance Bank Ltd.(up 7.56 per cent), Bandhan Bank Ltd.(up 3.29 per cent), Punjab National Bank(up 0.91 per cent), IDFC First Bank Ltd.(up 0.84 per cent) and ICICI Bank Ltd.(up 0.6 per cent) ended the day as top gainers in the pack.

EB-5 Immigrant Investor Program has long served as a gateway to U.S. permanent residency for global investors, offering a unique blend of opportunity and security. In response to evolving economic and regulatory needs, the United States Citizenship and Immigration Services (USCIS) has introduced significant reforms aimed at modernizing the program. These updates represent a strategic overhaul designed to enhance transparency, streamline processing, and ensure the program's sustainability. For investors, these changes signal a renewed commitment to efficiency and reliability, reinforcing the EB-5 program's standing as a premier option for securing U.S. residency. Reauthorization of the Regional Center Program One of the most pivotal recent changes in the EB-5 landscape is the reauthorization of the Regional Center Program, reinstated under the EB-5 Reform and Integrity Act (RIA) of 2022. After lapsing in 2021, this program, which allows investors to pool their resources into large-scale projects managed by designated regional centers, has returned with reinforced measures. The reauthorization underscores the program's critical role in providing structured, potentially lower-risk opportunities in the U.S. real estate and infrastructure sectors.

Benchmark NSE Nifty closed 83.96 points up at 25235.9 amid buying in frontline bluechip counters.

Financial services professionals who act as fiduciaries for Independent Retirement Accounts could face extra scrutiny if new recommendations are implemented.

: From early beginners to aggressive investors, it is impossible to ignore mutual funds while planning a long-term investment strategy. Similarly, it is unthinkable to manage mutual fund investments without Livemint’s coverage of MF news, returns, NAVs, fund managers, SIP, NFOs, equity MFs, and other mutual fund schemes.

Air India. In an exchange filing, the airline confirmed this key development, marking another step toward the merger of Air India and Vistara, a deal first disclosed in November 2022. But what happens to the flyers with Club Vistara loyalty points? As part of the merger, Vistara's frequent flyer program, Club Vistara, will be discontinued and integrated into Air India's Flying Returns program. However, until the integration is finalized, Club Vistara will continue its regular operations. Vistara sent an email on May 15, 2024, stating, “The process of integration between Air India and Vistara is ongoing, while we await some regulatory approvals. As we work towards a merged, larger airline, Club Vistara will also merge with Air India’s Flying Returns.”

Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...

Chattanooga State Community College in Tennessee is under lockdown following a Tiger Alert. The situation is ongoing, with emergency responders actively managing the situation. Here’s what we know so far.

Telegram could face stricter EU digital rules as Brussels probes whether the popular messaging app — whose founder faces criminal charges in France — has more users in the bloc than claimed. The platform was thrust into the spotlight after its chief Pavel Durov was arrested in France on Saturday. He has since been released on bail but cannot leave the country. Durov is accused of failing to curb extremist and illegal content on the increasingly controversial platform, which has over 900 million followers.

₹3.99 crore. Buyers of the Aston Martin Vantage will have the option to personalize their vehicle with an array of customization choices, reported HT Auto.

biometric data such as fingerprints or facial recognition, will replace the need for users to remember complex passwords or manage lengthy encryption keys, reported the WABetainfo.Previously, WhatsApp provided end-to-end encryption for backups with options to secure them via custom passwords or a 64-digit encryption key. While these methods ensured robust security, they also posed challenges for users in terms of password management and risk of being locked out.With the new passkey encryption feature, WhatsApp aims to streamline the backup process.

Jaguar is telling owners of about 3,000 electric SUVs to park them outdoors and away from structures due to the risk of battery fires

Shares of Au Small Finance Bank Ltd.(up 1.24 per cent), Punjab National Bank(up 0.68 per cent), State Bank of India(up 0.64 per cent), Axis Bank Ltd.(up 0.39 per cent) and Federal Bank Ltd.(up 0.19 per cent) ended the day as top gainers in the pack.

United States is pushing China to break a longstanding resistance to nuclear arms talks, seeing a «limited opportunity» for early two-way conversations on the superpowers' approach to the issue, a senior Biden administration official said. The renewed U.S. push for nuclear talks comes as U.S. National Security Adviser Jake Sullivan met top Chinese officials in Beijing to try and resolve gaping differences on a broad range of issues. «We saw some limited opportunity to open, at least the beginnings of conversation on the subject in the last months, but it's been fits and starts, and I think it will continue to be fits and starts,» said the official, who sought anonymity because the matter is a sensitive one.

Reliance Industries (RIL) will meet on September 5 to consider and approve a bonus issue in the ratio of 1:1. «The Board of Directors is scheduled to be held September 5, 2024, to consider and recommend to the shareholders for their approval, issue of bonus shares in the ratio of 1:1 to the equity shareholders of the company by capitalization of reserves,» the company said in a filing.

If you want to use your shiny new iPhone for as long as possible, better take good care of it

RIL AGM Highlights 2024: At the 47th Annual General Meeting (AGM) of Reliance Industries Ltd (RIL), shareholders are bracing for key announcements that may impact the conglomerate’s future growth trajectory. The meeting, widely watched for its impact on market sentiment, could reveal important updates across RIL's diversified business sectors, including telecom, retail, oil, and new energy. The spotlight will likely be on Reliance Jio, with expectations centered on its monetisation efforts following a recent tariff hike and the completed rollout of 5G services across India. Jio has been a driving force for RIL’s growth, and investors are keen to hear about new targets, partnerships, and strategies for maintaining its momentum. RIL’s AGM has traditionally been a platform for major announcements. Last year, the company unveiled a comprehensive five-year succession plan, placing Mukesh Ambani’s three children at the helm of different business divisions. This year, similar updates may follow, particularly regarding the oil-to-chemicals business, retail operations, and new energy initiatives.

Reliance AGM 2024 Live Updates: Oil-to-telecom conglomerate Reliance Industries Ltd is set to conduct its 47th annual general meeting today. Reliance AGM 2024 date is set on August 29, 2024, and will begin at 2:00 PM today.

Brigade Enterprises Ltd.(up 2.25 per cent), Macrotech Developers Ltd.(up 1.46 per cent) and Prestige Estates Projects Ltd.(up 1.29 per cent) were among the top gainers.