WhatsApp Financial News

12.07 / 18:45
MET Merit WhatsApp President show Railways says Rahul Gandhi met drivers from outside, 'We have similar issues,' counter Unions
train drivers' unions have countered Railways' claim that Congress leader Rahul Gandhi met loco pilots who were not from the Delhi Division and were brought from outside. On Friday, after Gandhi visited the loco pilots' crew lobby at the New Delhi Railway Station, the Chief Public Relation Officer (CPRO) of Northern Railway (NR) under which the Delhi Division falls, said that it looked like Gandhi met loco pilots who were not from crew lobby of the New Delhi Railway Station. «It looks like they were brought from outside,» Deepak Kumar, CPRO, NR, said. Gandhi visited the crew lobby at the station and spoke to some loco-pilots to know their problems and challenges.
12.07 / 18:35
Citi Election WhatsApp Diversity politician UK general election: Record number of Indian-origin MPs elected to Parliament
record number of around 28 Indian-origin members of Parliament have been elected to the House of Commons in the UK's general election as results were announced on Friday, with several Conservatives surviving an overall brutal outcome for their party. Outgoing prime minister Rishi Sunak leads the Tory charge of British Indians holding on to their seats, with a decisive win in his Richmond and Northallerton constituency in Yorkshire. It would have come as small consolation for the Tory leader, who saw his party haemorrhage over 200 seats as the Labour Party's landslide victory unfolded. «On this difficult night, I would like to express my gratitude to the people of the Richmond and Northallerton constituency for your continued support. Since I moved here a decade ago, you have made me and my family feel so at home and I look forward to serving you for years to come,» said Sunak, in a message clearly aimed at dismissing pre-election chatter around his future plans as a politician. Other prominent British Indian Tories holding on to their seats included former home secretaries, Suella Braverman and Priti Patel, as did Sunak's Goan-origin Cabinet ally Claire Coutinho.
12.07 / 18:33
WhatsApp Death reports gatherings prevention Investigations Hathras Stampede: Six arrested in incident so far, says Aligarh IG
Hathras, Aligarh Inspector General (IG) Shalabh Mathur on Thursday confirmed the arrest of six individuals connected to the incident. The arrested individuals, comprising four men and two women, were all members of the organising committee and served as 'Sevadars' during the event. «The death toll stands at 121,» stated IG Shalabh Mathur. He further reported that all the deceased have been identified, and the post-mortem procedures have been completed.
12.07 / 18:33
COST WhatsApp Food trends country reports 70% of Indians choose healthier snack options despite costs; prioritize reading ingredient lists and nutritional value
survey reveals that 73 percent of Indians prefer to read ingredient lists and nutritional value before purchasing snacks, highlighting a growing inclination towards healthy snacking in the country. The Healthy Snacking Report 2024, released on Sunday, is based on a survey of over 6,000 people across India and aims to examine the evolving consumption trends. «Seventy-three per cent of those surveyed prefer to read labels for ingredient lists and nutritional value before making a purchase. Of this, 93 per cent expressed a desire to transition to healthier options, highlighting a correlation between label reading and conscious choices while pushing for transparency,» read the report. The report comes in the wake of increasing cases of food adulteration in products such as spices, confectionaries, and fast-moving goods. This issue has prompted consumers to be more cautious, with many checking food packets for potentially harmful substances.
12.07 / 18:29
UPS WhatsApp Investigations Senthil Balaji's remand extended till July 8 in money laundering case
Tamil Nadu Minister V Senthil Balaji's remand till July 8. He was arrested by the ED last year in a money laundering case. Principal Sessions Judge S Alli, before whom Senthil Balaji was produced by the prosecution through video-conferencing from the Central Puzhal Prison here, also extended his judicial custody till July 8. When the case came up for hearing on Thursday, both sides completed their arguments on the two petitions filed by Senthil Balaji. He had sought to furnish the missing documents in «Relied Upon Document Nos-16 and 17»-copies of counterfoil challans relating to his account that were collected by the Enforcement Directorate in its investigation, to him. The judge posted to July 8, further hearing on another petition filed by Balaji, which sought to defer the present proceedings and adjourn the case to a later date.
12.07 / 18:23
WhatsApp Death President shock BSP Tamil Nadu president Armstrong hacked to death in Chennai's Perambur
BSP) Tamil Nadu president Armstrong was hacked to death by an unidentified mob of six people near his residence in Perambur, Chennai on Friday evening, the officials said. Meanwhile, the Chennai police said that the search for the accused is underway. «The incident took place in Sembium police jurisdiction,» it added.
12.07 / 18:21
UPS Telegram JPMorgan WhatsApp wellness Morgan Stanley Paris MD moves to PJT as boutiques staff-up
It's not just bankers in London and New York who are taking the opportunity to move to boutiques. Paris-based bankers are doing it too. 
12.07 / 18:17
WhatsApp BABA rights Hathras stampede: Eyewitnesses recount tragedy as search for missing family members continues
stampede incident at a religious event in Hathras, Uttar Pradesh, resulted in 116 people dying and 18 being injured. The tragic incident took place after the ‘sastang’ of Bhole Baba got over and people tried to get out in a hurry. Eyewitnesses said that the stampede happened because of the overcrowding and the hurry in which people wanted to get out.
12.07 / 18:15
Reuters WhatsApp Moodys Trade reports recommendations Yes Bank stake not being evaluated by us, says First Abu Dhabi Bank
First Abu Dhabi Bank on Thursday clarified that it was not evaluating any possible offer for a stake in Indian private lender Yes Bank, as per news agency Reuters. The Middle Eastern lender was apparently among those evaluating a $5 billion stake in Yes Bank for around 51 per cent, news agency Bloomberg reported on Wednesday citing sources. The other suitors included Japan-based Mitsubishi UFJ Financial Group Inc. and Sumitomo Mitsui Financial Group Inc. Following this news, shares of Yes Bank jumped as much as 8.5 per cent. The stock has climbed around 25 per cent this year so far. State Bank of India has reduced its stake in Yes Bank, which it rescued four years ago from a crisis of bad loans. Despite the reduction, SBI remains the largest shareholder with a 24 per cent stake. The impending end of SBI Chairman Dinesh Khara’s tenure in August could potentially delay any deals involving Yes Bank. A government-appointed panel has recommended Challa Sreenivasulu Setty as his successor.
12.07 / 18:15
WhatsApp reports Tata Elxsi Q1 Results: Net profit falls 3% YoY to Rs 184 crore
Tata Elxsi on Wednesday reported a 3% fall in net profit to Rs 184 crore for the first quarter ended June 2024. The same stood at Rs 189 crore in the last-year period. Revenue from operations in the reporting period increased 9% year-on-year to Rs 926 crore as against Rs 850 crore in the corresponding period of last year.
12.07 / 18:12
security WhatsApp trends Trade Tata Elxsi shares fall 0.61% as Nifty drops
Tata Elxsi Ltd. slipped 0.61 per cent to Rs 7035.6 in Friday's trade. It hit a high of Rs 7107.2 and low of Rs 7030.0 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 7719.29, while the 50-DMA was at Rs 7139.87. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.
12.07 / 18:11
COST Provident Analysis WhatsApp stage Department Projects delayed? Ministries likely to face question hour
ministries and departments to provide detailed reasons for execution delays in case a project's cost exceeds the original estimate by 15% for infrastructure projects, people familiar with the development told ET. The proposed norms being discussed are aimed at making ministries and departments more accountable by introducing rigorous cost analysis while ensuring that projects are executed efficiently without unnecessary escalation in cost, they said. Out of 1,873 infrastructure projects, 449 were hit by cost overruns amounting to ₹5.01 lakh crore and 779 projects were delayed till March 2024, according to the ministry of statistics and programme implementation (MoSPI). These infrastructure projects had a project cost of more than ₹150 crore.
12.07 / 18:09
UPS WhatsApp travelers Third Eye: Enjoying staus quo, light on tea, high on work, and over-activism of new convert
Chirag Paswan is among the most popular faces around in Parliament, with the media and visitors reaching out to him. The Cabinet minister, who acted in a movie with Mandi MP Kangana Ranaut as his heroine, is also arguably the most eligible single person in the Narendra Modi government. This factor has been a talking point among the chatterati in Parliament precincts. He, however, appears to have no plans to change his status. Light on tea, high on work During high tea with central government secretaries over the weekend, Prime Minister Narendra Modi is learnt to have kept it light, even quipping how he ruined their near three-month 'holiday' period, when model code was in force, with 100-day agenda work. He, however, did not forget to remind them that they must ensure it is implemented on time.
12.07 / 18:07
markets UPS security WhatsApp Trade Updates Stock market update: Nifty Bank index advances 0.16%
Shares of Bandhan Bank Ltd.(up 2.23 per cent), Federal Bank Ltd.(up 2.13 per cent), State Bank of India(up 0.91 per cent), Kotak Mahindra Bank Ltd.(up 0.81 per cent) and Au Small Finance Bank Ltd.(up 0.55 per cent) ended the day as top gainers in the pack.
12.07 / 18:05
markets UPS Booking Gap WhatsApp Trade Zomato shares gain 0.16% as Sensex rises
Zomato Ltd. traded at Rs 208.5 on BSE at 11:57AM (IST) on Thursday, up 0.16 per cent. The stock quoted a 52-week low price of Rs 73.05 and a high of Rs 213.8. Earlier in the day, the stock saw a gap up opening.
12.07 / 17:56
markets IPO CEO WhatsApp Healthcare Trade 2020 In equity's Indian summer, IPOs and investors make hay in 2024
investor responses and delivering significant returns following substantial listing gains. About 38 IPOs have taken place so far in 2024 with an average listing gain of 25% and average returns after debuting at 49% till date. Four stocks — Jyoti CNC Automation, Exicom Tele-Systems, JNK India and TBO Tek — have delivered returns of 100-300% over the offer price. Eight — including Bharti Hexacom, Le Travenues Technology, BLS E-Services, DEE Development Engineers and Vibhor Steel Tubes — rallied between 57% and 92%. Another 18 gained between 8% and 44%, with only eight stocks trading below their offer price.
12.07 / 17:54
markets Provident WhatsApp show India stocks rally may have a tough tight amid stretched signals
rally in Indian equities looks set to cool as technicals show the run is now looking stretched. The relative strength index — a measure of short-term momentum — for the NSE Nifty 50 index moved deeper into overbought zone Tuesday after rising above 70 a day prior for the first time since January. This comes as the gauge capped its fifth straight quarter of advance, the longest stretch since 2021, boosting the nation’s market value to $5 trillion.
12.07 / 17:47
WhatsApp Assembly by-polls begin on 13 Assembly seats across 7 states
Assembly by-polls has started for 13 Assembly constituencies across seven states: Bihar, West Bengal, Tamil Nadu, Madhya Pradesh, Uttarakhand, Punjab, and Himachal Pradesh on Wednesday. The polling process that started at 7 am will conclude at 6 pm. Assembly by-polls are being held in West Bengal's Raiganj, Ranaghat Dakshin, Bagda, and Maniktala; Badrinath and Manglaur in Uttarakhand; Jalandhar West in Punjab; Dehra, Hamirpur, and Nalagarh in Himachal Pradesh; Rupauli in Bihar; Vikravandi in Tamil Nadu; and Amarwara in Madhya Pradesh.
12.07 / 17:44
markets UPS WhatsApp wellness trends Trade Shares of Shree Cements fall as Nifty gains
Shree Cements Ltd. slipped 1.06 per cent to Rs 28077.15 in Tuesday's trade as of 12:28PM (IST). It hit a high of Rs 28519.65 and low of Rs 28020.3 during the session. The stock quoted a 52-week high price of Rs 30710.15 and a low of Rs 23023.05. The return on equity for the stock stood at 11.57 per cent. About 276 shares have changed hands on the counter so far.
12.07 / 17:41
markets Provident Aviat Airlines WhatsApp prevention Traffic DGCA issues safety standards for ground handling service providers
DGCA has come out with safety standards for ground handling service providers at airports, including the compulsory safety clearance requirement, as part of efforts to ensure safe ground operations amid rising air traffic. The norms also come against the backdrop of ground incidents at some airports that have resulted in damage to aircraft. The new Civil Aviation Requirements (CAR), prepared after detailed consultations, will strengthen the oversight mechanism, DGCA said in a release on Wednesday. It also specifies the training and competency requirements of ground personnel who are part of ground operations at the airports.

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