Updates Financial News

Also Read: Expedia to cut about 1,500 jobs as travel demand moderates Vrbo was seeing a slower rebound than the company's expectations following a restructuring aimed at allowing customers to book across brands under one platform. The company, which also owns Hotels.com, projected full-year revenue growth in the mid-to-high-single digit percentage range, down from a prior forecast of double-digit growth, according to a report by Bloomberg.

reported Business Line. Over 5.92 lakh returns were filed by April 29. Out of these, over 5.38 lakh had been verified and 3.67 lakh verified returns were processed.

Vemula was not a Dalit and committed suicide because he was afraid his “real caste identity" would be discovered. Countering the claim, Rohith's brother called it ‘absurd’ Police claimed that his caste certificates were forged and the case has been closed on account of lack of evidence.

₹11,000. This will mark the debut of the fourth generation of the popular hatchback, which is set to renew competition with rivals like the Hyundai Grand i10 Nios and Tata Tiago. Ahead of the launch, a leaked brochure has provided insights into the engine and fuel efficiency of the new Swift, along with some of its key features.

Shares of Prestige Estates Projects Ltd.(up 4.27 per cent), Godrej Properties Ltd.(up 1.47 per cent), Sobha Ltd.(up 0.7 per cent) and Mahindra Lifespace Developers Ltd.(up 0.25 per cent) ended the day as top gainers in the pack.

Shares of Infosys Ltd.(up 0.14 per cent) ended the day as top gainers in the pack.

The NSE Nifty index closed 172.36 points down at 22475.85, while BSE Sensex ended down 732.96 points at 73878.15.

The Internal Revenue Service will focus more on wealthy taxpayers, with increased audits and enforcement action for noncompliance with the highest dollar amount.

This Friday marks a thrilling chapter for the Solana blockchain with the launch of Penguiana ‘s $PENGU token presale. Renowned for its inventive approach to meme coins by combining them with a play-to-earn mechanism, Penguiana offers more than just entertainment—it promises real rewards and a vibrant community.

Benchmark NSE Nifty closed 172.36 points down at 22475.85 amid selling in frontline bluechip counters.

double digit hike % If you're underpaid, don't overthink, just Switch!," Akshay Saini said in a post on X (formerly Twitter) “The HARD TRUTH is, if you start your career with a Low Salary, you will have to switch jobs to reach High salary (as a Software Engineer) The HARD TRUTH is, Internal appraisals are very low. Internal promotion process is broken. (in most companies) low_appraisal% of low_salary = new_low_salary If you start with a low salary, switching jobs gets you much more salary hikes! That's the reason you will see a lot of highly paid software engineers (who started from a low salary) must have switched jobs frequently," said in another post.

Dividend-paying stock: With the eagerly anticipated board meeting of Rushil Decor scheduled for 9th May 2024, the Company has informed the Indian stock market bourses that its board of directors will consider and approve the proposal for the final dividend. This significant event will coincide with the discussion of the Q4 results 2024, adding to the anticipation.

₹379.6 crore for the fourth quarter of FY24, a decline of 7.6% from ₹410.7 crore in the year-ago period. The tyre manufacturer’s revenue from operations in Q4FY24 rose 8.6% to ₹6,215.1 crore from ₹5,725.4 crore, on a year-on-year (YoY) basis. Earnings before interest, taxes, depreciation and amortization (EBITDA) in the March quarter increased 5% to ₹885.7 crore from ₹843.1 crore, while EBITDA margin weakened to 14.3% from 14.7%, YoY.

According to its latest monthly update, the £24.76bn fund took a «small» holding in the firm in April for an undisclosed amount. As its name suggests, the Nasdaq firm was founded and is still headquartered in Dallas, Texas. It produces both analog and embedded processing chips. Fundsmith Equity withholds name of new stock allocation Over the past year, the stock's share price has risen 7.6%, according to the index's data, and is up just under 50% over five years. Fundsmith Equity also invested in a second firm in April, but said it would reveal the stock «when we have accumulate...

₹537.50 apiece on the BSE. Dabur India posted a consolidated net profit of ₹341.22 crore for the quarter ended March 2024, recording a growth of 16.5% from ₹292.76 crore in the year-ago quarter. The FMCG major’s revenue Q4FY24 rose 5.11% to ₹2,814.64 crore from ₹2,677.80 crore, YoY.

Domestic benchmark index NSE Nifty fell 43.46 points to 22604.75, while the BSE Sensex traded 280.67 points down at 74330.44.

Future Consumer Ltd.(up 5.27%), Bajaj Consumer Care Ltd.(up 3.97%), Emami Ltd.(up 3.14%), ADF Foods Ltd.(up 2.78%), LT Foods Ltd.(up 2.29%), Tata Consumer Products Ltd.(up 1.70%), Zydus Wellness Ltd.(up 1.29%), Dabur India Ltd.(up 1.19%), Godrej Consumer Products Ltd.(up 1.09%) and JHS Svendgaard Laboratories Ltd.(up 0.82%) were among the top gainers.

Torrent Pharmaceuticals Ltd.(up 3.61 per cent), Natco Pharma Ltd.(up 2.46 per cent), Lupin Ltd.(up 1.87 per cent), Dr. Reddy's Laboratories Ltd.(up 1.03 per cent) and J B Chemicals & Pharmaceuticals Ltd.(up 0.82 per cent) were among the top gainers.

Mawana Sugars Ltd.(up 0.16%) were among the top gainers.

RattanIndia Power Ltd.(up 4.38%), CESC Ltd.(up 2.00%), Power and Instrumentation(Gujarat)Ltd.(up 1.92%), Karma Energy Ltd.(up 1.91%), GE T&D India Ltd.(up 1.13%), PTC India Ltd.(up 1.11%), NHPC Ltd.(up 1.03%), NTPC Ltd.(up 0.99%), Torrent Power Ltd.(up 0.69%) and Adani Green Energy Ltd.(up 0.45%) were among the top gainers.

OCI investors to enter the market. Existing non-resident investors have also been affected. Due to this, many NRIs are losing out on the ability to capitalize on investment opportunities. The new KYC norms, which came into effect on April 1, 2024, introduced stringent requirements, rendering certain documents such as bank statements or utility bills not considered valid documents for completing the KYC process. While the new rules aim to enhance security and compliance, they have inadvertently created investment barriers for NRIs. As per the Aadhaar rules, NRIs and OCIs with foreign mobile numbers are exempted from the Aadhaar-linked OTP verification requirements, provided their PAN reflects their NRI status. Despite such an exemption, the new KYC norms of compulsory Aadhaar validation to get 'KYC Validation' status portray a different scenario and have created a conflict of regulations for the Indian diaspora.