WhatsApp Financial News

WhatsApp message has sparked widespread debate, revealing a groom's extensive list of expectations for his prospective medico bride. The groom, reportedly a PhD and gold medalist, outlined his preferences in a detailed and, to many, controversial manner. His demands include a bride with a BMI under 24 who can manage all household duties without any help, while treating her job as optional. Singer Chinmayi Sripaada highlighted the viral post on X, stating, «This is the exact List Of Requirements that a Groom sent to a prospective bride who is a Medico. Groom is a PhD and Gold Medallist apparently. LOL.» The list begins with, “About Bride — Should be graceful, competent, and smart enough to handle her home and family matters. She should be vibrant and energetic, bringing color, variety, and liveliness through her physical contribution to the family’s lifestyle, including food, clothing, and overall well-being. Ideally, she should be within a 24 BMI.”

DK Shivakumar has announced plans to increase water tariffs, despite significant public opposition. Addressing the concerns, Shivakumar criticized citizens, labeling them as ungrateful and emphasizing the need for the tariff hike to ensure the survival of the Bengaluru Water Supply and Sewerage Board (BWSSB). «Citizens are ungrateful. If they don't get water, they will abuse us, call us, and put messages on WhatsApp. They don't know how difficult it is,» said Shivakumar. «Let the media and opposition abuse us. I am bound to increase the water tariff. They can criticize or protest, I won't stop. We will increase the tariff; otherwise, BWSSB won't survive.»

On the BSE, Polymac Thermoformers(down 11.50 per cent), Trivikrama Ind(down 10.00 per cent), Raghuvansh Agrofarm(down 9.98 per cent), Sahara Maritime(down 9.93 per cent) and G V Films(down 9.89 per cent) stood among the top losers in today's trade.

Credit line on UPI could surpass the $1 trillion in transaction value by 2030, Zeta a banking tech unicorn has forecasted. The credit line provides 80% of pre-approved, inactive credit customers on the UPI network with instant access to credit lines. After it was first launched in August 2016, UPI took a little over 3 years to reach 1 billion transactions in a month. Less than 5 years later, UPI clocked 13 billion transactions in April 2024 alone. Zeta has forecasted that UPI could also hit the $1 trillion mark by 2030.

Indian Army has issued a tender for acquiring next-generation artillery guns to be designed, developed, and manufactured domestically. In the initial phase, the army requires 400 of these gun systems, with the demand expected to increase as older equipment is replaced. The procurement mandates that the guns be designed in India with more than 50% indigenous content based on the contract value. Private defence manufacturing companies that have invested significantly in developing artillery systems in recent years are keen on the Rs 7,000 crore acquisition of new Towed Gun Systems. Among the top contenders are Larsen & Toubro, Bharat Forge, and Tata Advanced Systems Ltd. Larsen & Toubro has already supplied K9 Vajra self-propelled artillery guns to the army. Bharat Forge and Tata Advanced Systems Ltd have developed the Advanced Towed Artillery Gun System (ATAGS) in collaboration with the Defence Research and Development Organisation (DRDO) and are currently competing for the army order. «The advanced 155mm/52 caliber guns will be lighter and more versatile than the current artillery guns, including the ATAGS,» according to the report.

right to disconnect." The law, which passed in February, protects employees who refuse to monitor, read or respond to contact from their employers outside work hours. Similar laws giving employees a right to switch off their mobile devices are already in place in France, Germany and other countries in the European Union.

HDFC Asset Management Company Ltd. gained 1.07 per cent to Rs 4436.6 at 12:48PM (IST) in Thursday's trade. The stock has hit a high of Rs 4438.7 and low of Rs 4365.0 so far during the session. The stock had closed at Rs 4389.45 in the previous session. The counter has had a total traded volume of 28450 shares so far with a value of Rs 12.59 crore on the NSE. It traded at a price-to-earnings multiple of 45.71 and a price-to-book ratio of 11.32.

BC Jindal Group on Thursday announced its foray into India's renewable energy sector, with a plan to invest USD 2.5 billion in the next five years. With an existing portfolio of 1,200 MW thermal power generation in Angul, Odisha, BC Jindal Group has floated a dedicated entity to hold the renewable venture of the group, a statement said. The group plans to invest around USD 2.5 billion in the renewable energy sector in the next 5 years, the statement added. BC Jindal Group, India's leading conglomerate, with over Rs 18,000 crore turnover, will oversee the renewable power generation and solar cells and module manufacturing businesses.

United Spirits Ltd. gained 1.7 per cent to Rs 1456.5 in Thursday's trade as of 10:55AM (IST). It hit a high of Rs 1457.85 and low of Rs 1436.0 during the session. The stock quoted a 52-week high price of Rs 1480.0 and a low of Rs 981.25. The return on equity for the stock stood at 19.77 per cent. About 10,915 shares have changed hands on the counter so far.

Vijay will officially reveal the flag and symbol of his party Tamilaga Vettri Kazhagam (TVK) on Thursday in Chennai as the star actor is looking to contest in the state elections scheduled in 2026. Preparations are underway at the headquarters secretariat in Chennai for the launch of the TVK flag and symbol. In a press statement released on Wednesday in Tamil, the actor said, «It is a great blessing if every day is a new direction and a new force in history. 22nd August 2024 is the day that God and nature have given us as such a blessing. It is the day when the flag, the main symbol of our Tamil Nadu Victory Club, will be introduced.»

Tata Elxsi Ltd. traded 0.5 per cent up at Rs 6961.0 at around 10:45AM (IST) on Thursday. The stock had closed at Rs 6926.2 in the previous session. Equity benchmark Sensex traded 176.1 points higher at 81081.4 around the same time.

Tube Investments of India Ltd. gained 1.15 per cent to Rs 4096.2 in Thursday's trade as of 10:50AM (IST). The stock hit a high price of Rs 4125.0 and low of Rs 4070.0 during the session.

The NSE Nifty index traded 39.35 points up at 24809.55, while BSE Sensex was up 115.13 points at 81020.43 as of 10:08AM(IST)on August 22.

Heramba Sankashti Chaturthi is a significant Hindu festival dedicated to Lord Ganesha, the remover of obstacles and the god of wisdom. In 2024, Heramba Sankashti Chaturthi is being observed on August 22nd. Heramba Sankashti Chaturthi is particularly special because it honors Lord Ganesha in his five-headed form, known as Heramba. This day holds special importance as it is believed that worshipping Lord Ganesha on Sankashti Chaturthi brings peace, prosperity, and success, while also removing all hurdles from the devotee's life. Devotees typically observe the fast on this day and perform rituals in the evening, especially during the moon rise time.

Zomato Ltd. with a target price of Rs 300. The current market price of Zomato Ltd. is Rs 265.7. Zomato Ltd., incorporated in the year 2010, is a Small Cap company (having a market cap of Rs 229528.10 Crore) operating in Services sector.

The NSE Nifty index was trading 28.71 points up at 24798.9, while BSE Sensex was up 79.07 points at 80984.37 at the time of writing this report.

Varun Beverages with a target price of Rs 1800. The current market price of Varun Beverages Ltd. is Rs 1544.55. Varun Beverages Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 200906.48 Crore) operating in FMCG sector.

Jyothy Labs with a target price of Rs 600. The current market price of Jyothy Labs Ltd. is Rs 568.7. Jyothy Labs Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 20772.99 Crore) operating in FMCG sector.

DOMS Industries with a target price of Rs 2620. The current market price of DOMS Industries Ltd. is Rs 2430.35. DOMS Industries Ltd., incorporated in the year 2006, is a Small Cap company (having a market cap of Rs 14608.63 Crore) operating in Paper sector.

CDSL), in its board meeting held in July, had announced a bonus issue of shares for its eligible shareholders in the ratio of 1:1, for which the record date was fixed as August 24. “With reference to the captioned subject and our earlier intimation dated July 02, 2024, and pursuant to the provisions of Regulation 42 of the SEBI Listing Regulations, we wish to inform that the Company has fixed the 'Record Date' as Saturday, August 24, 2024,” said the company in a filing to the exchanges.

Walt Disney on Wednesday named board member and Morgan Stanley executive chairman James Gorman to chair its succession planning committee, which is looking for the next chief executive officer. The board has extended CEO Bob Iger's retirement date five times. Iger retired once and then was brought back in late 2022 to replace his hand-picked successor, Bob Chapek. Disney won a months-long proxy war with activist investor Nelson Peltz and is refocusing attention on finding Iger's successor.