Wellness Financial News

Godrej Properties, the real estate development business of Godrej Group, has emerged as the highest bidder for a 6.46 acre land in Noida’s sector 44. The land parcel will offer 1.4 million square feet of development potential and an estimated revenue potential of Rs 3,000 crore comprising premium residential apartments of varied configurations. This will be the sixth project of Godrej Properties in Noida. “We have witnessed strong demand for our existing projects in Noida and this project will further strengthen our development portfolio in NCR (National Capital Region). This fits well with our strategy of deepening our presence in key micro markets across India's leading cities,” said Gaurav Pandey, MD & CEO, Godrej Properties.

The Chinese government says it is eliminating an annual news conference by the premier that was one of the only times a top Chinese leader took questions from the news media

Nikki Haley is trailing far behind her rival Donald Trump, who is most likely to emerge as the presumptive nominee after the Republican Party's crucial Super Tuesday contest. Trump and Haley were campaigning vigorously in various Super Tuesday states, making a last-minute pitch to the Republican voters. Super Tuesday is an important new phase of presidential primaries when the early contests are over, and voters from multiple states cast ballots in primaries timed to occur on the same date.

Siemens Ltd. traded 0.8 per cent higher in Tuesday's session at 10:30AM (IST). The stock opened at Rs 4747.2 and has touched an intraday high and low of Rs 4747.2 and Rs 4689.0, respectively, during the session so far. The stock quoted a 52-week high of Rs 4749.25 and a 52-week low of 3162.5. About 1,189 shares changed hands on the counter so far.

Gold rate today, 5th March 2024: Ahead of the US Fed chief's testimony before the US Congress this week, gold price on the Multi Commodity Exchange (MCX) touched a new lifetime high of ₹64,575 per 10 gm on Monday. However, the MCX gold rate today witnessed some selling pressure during morning deals. Gold futures contract on the MCX for April 2024 expiry opened lower at ₹64,331 per 10 gm level, which is its intraday low as well.

Digant Haria, Co-Founder, GreenEdge Wealth, says once more details of the merger come out, most of the people would like to be in the passenger vehicles part of the demerged business, the one which is doing well and that has a lot of potential. The CV finance division and the CV division, both will be a part of the same entity. That is something which is very, very cyclical and which has given pain to this company in the past as well. So yes, excitement will be there. But the long term story is still with the passenger vehicle part. What is it that you have made of the Tata Motors demerger and what should investors who own Tata Motors shares now look forward to? Digant Haria: The best part about Tata Motors still remains the success in the domestic premium car market. Electric vehicles are still only a story. And China has already taken a big lead in electric vehicles. Even Tesla is struggling. So the story here still is about passenger vehicles and we all know that commercial vehicles (CVs) are deeply cyclical. So once more details of the merger come out, most of the people would like to be in the passenger vehicles part of the demerged business, the one which is doing well and that has a lot of potential.

Future Consumer Ltd.(up 5.56%), Honasa Consumer Ltd.(up 2.14%), Zydus Wellness Ltd.(up 1.56%), Sheetal Cool Products Ltd.(up 0.44%), Hatsun Agro Products Ltd.(up 0.16%), Godrej Consumer Products Ltd.(up 0.14%), Jyothy Labs Ltd.(up 0.14%), Tasty Bite Eatables Ltd.(up 0.13%), Mrs. Bectors Food Specialities Ltd.(up 0.08%) and Procter & Gamble Hygiene & Healthcare Ltd.(up 0.07%) were among the top gainers.

S Naren, ED & CIO, ICICI Prudential AMC, says “more than valuation, I would be more worried about sentiment that people are just too positive and we have always seen that when people are too negative, it is a very good period to invest and when people are too positive, it is a time to be more circumspect.” What is the sense that you are getting about the market? S Naren: We are at an all-time high. Just now, we have reached an all-time high. So, it is a very special feeling.

By Antoni Slodkowski, Andrew Hayley and Eduardo Baptista

dollar-pegged stablecoins issued by Tether has crossed $100 billion, the crypto company said on its website on Monday. Tether issues a stablecoin which is designed to maintain a constant value of $1. It is widely used as a way of moving money in cryptocurrency without being exposed to price swings in other cryptocurrencies such as bitcoin and ether.

shares of Kotak Mahindra Bank could be in the offing as the price is near a technical support level, which has been breached only during the Global Financial Crisis of 2008, said analysts. But a tearaway rally looks unlikely with the stock seen grinding higher because of technical hurdles. Kotak shares are around a support level of its 50-day exponential moving average on a monthly time frame placed at ₹1,700-level, according to Tradonomy, an investment advisory. The stock could bounce from these levels, it said. «Fresh buying from smart money could come around these levels, taking it to 1,900-2,200 levels from here,» said Tadonomy's founder Dharan Shah.

Pakistan will attempt to keep his popularity in check, but it remains to be seen for how long they can hold him off. Well, just don't take our word for it. LiveMint spoke with various international observers on the subject and almost all were unanimous in their opinion that Imran Khan's popularity will haunt the Army and the new government in Pakistan for a while.

The price of Bitcoin (BTC) now trades at an all-time high against the Canadian dollar roughly seventeen months after the nation’s leader slammed digital currencies as an “irresponsible” investment.

retail touch points, increasing distribution by 37% year-on-year," Ghazal Alagh, co-founder of Mamaearth, one of India's most prominent direct-to-consumer (D2C) brands, wrote on social media platform X last month. The post affirmed a strategic pivot on the part of personal care company Honasa Consumer, which owns Mamaearth, to rapidly scale up in physical retail over the past year, much like some of the other large D2C or internet-first brands in the country, while companies such as meat delivery startup Licious and cosmetics firm Minimalist have taken the omnichannel route. Millet-based snack brand Slurrp Farm, cosmetics makers Just Herbs and Sugar Cosmetics, lingerie brand Zivame, eyewear retailer Lenskart, wearables brand boAt and beauty retailer Nykaa are among those which have opened physical stores.

A handful of senior executives from across the Ontario Securities Commission have left or are on their way out on the heels of a five-year extension of the term of chief executive Grant Vingoe.

engagement of apprentices across establishments in industrial clusters. The skill development and entrepreneurship ministry is finalising the process of selecting industry clusters across the identified states and handholding them through financial aid as well as infrastructure creation to help them participate in a formal apprenticeship system, said a senior government official. «Top officials of the Ministry of Skill Development and Entrepreneurship held the first meeting with industrial clusters in Gujarat, Delhi and Haryana to nudge micro, small and medium enterprises to engage more apprentices as the country aims to fast-track creation of a skilled workforce,» said the official, who did not wish to be identified.

Congress ahead of Rahul Gandhi's Nyay Yatra's entry into Gujarat, former Gujarat Pradesh Congress Committee (GPCC) President and sitting MLA from Porbandar, Arjun Modvadia resigned from the party as well as his legislative position on Monday. Apart from him, former Rajula MLA and one of the strongest Ahir leader of Congress Ambarish Der too resigned from Congress. Modvadia and Der are expected to join BJP on Tuesday. As a matter of fact, speaker of Gujarat Assembly Shankar Chaudhary had to fly down to Gandhinagar from Tharad in Banaskantha leaving a programme mid-way to accept Modvadia's resignation. Congress responded with surprise while in the afternoon, incumbent GPCC President Shaktisinh Gohil told the media that Modvadia was active in organising Nyay Yatra in Dahod until Sunday evening, other senior leaders refused to accept possibility of Modvadia resigning until he actually put in his papers. Rahul Gandhi's yatra is scheduled to enter Gujarat on Thursday.

Taiwan Foreign ministry on Monday said that the Taiwan will welcome any Indian worker who meets conditions for recruitment and satisfies industry demand, regardless of their ethnic background. Following the signing of an MOU on labour force cooperation between the two countries on February 16, the ministry stated that the qualified workers will be treated fairly. «Taiwan will welcome any Indian worker who meets conditions for recruitment and satisfies industry demand, regardless of their ethnic background. Qualified workers will be treated fairly and accorded due protection under Taiwanese law,» the statement said.

Mint on the sidelines of the Mobile World Congress last week. “We’re open to divesting certain businesses. We are looking at this portfolio all the time.

Goldman Sachs predicts that the tech sector will continue to thrive in the long term, particularly the magnificent 7.

(Reuters) — Walt Disney (NYSE:DIS) investor Blackwells Capital said the lack of a strong content and technology strategy as well as governance and transparency issues were hampering the entertainment giant's performance, as it attempts to get board seats at the company.