WhatsApp Financial News

14.05 / 04:55
Provident WhatsApp Death President SOLIDARITY "Deeply pained," Mallikarjun Kharge condoles loss of lives in Mumbai hoarding collapse
Congress President Mallikarjun Kharge on Tuesday condoled the deaths of 14 people and prayed for the speedy recovery of the injured after a big hoarding collapsed in Mumbai's Ghatkopar area. «Deeply pained by the tragic incident wherein several people have lost their lives by a hoarding collapse in Mumbai's Ghatkopar. Our deepest condolences to the families of the victims. Several people have been injured, and we pray for their complete and speedy recovery,» Kharge posted on X. He further expressed his solidarity with all the victims and urged the authorities to provide immediate medical assistance to the injured.
14.05 / 03:06
UPS Waters WhatsApp Celebrity country Ganga Saptami 2024: Tithi, date, time, significance, and puja vidhi
Ganga Saptami 2024 is considered one of the most sacred festivals among Hindus. This day is dedicated solely to Goddess Ganga. It is also celebrated as Ganga Jayanti. People celebrate this day to honor the reincarnation of Goddess Ganga. As per the Drik Panchang, Ganga Saptami will be celebrated on the Saptami Tithi of Shukla Paksha in the month of Vaishakha. In the current year, Ganga Saptami will be celebrated nationwide on May 14, 2024. The date and time of Ganga Saptami 2024
14.05 / 03:06
UPS Extreme WhatsApp Death President reports Hoarding collapses in Mumbai's Ghatkopar: Death toll now goes up to 14, 74 people rescued alive
death toll after a big hoarding collapsed in Maharashtra's Ghatkopar area has risen to 14 on Tuesday. According to the National Disaster Rescue Force, 74 people have been rescued alive from the spot, while 14 have been declared dead. National Disaster Response Force (NDRF) has been conducting rescue operation for those trapped since Monday evening, when the incident happened due to heavy rains and strong winds.
13.05 / 23:17
WhatsApp community Celebrity Diversity International International Day of Families 2024: Theme, date, activities, history, significance
International Day of Families 2024 is here. Family is a very important and necessary aspect of everyone's life, be it in childhood, or in the adulthood phase. Family is the base on which our entire life is built. Lucky are those who get supportive and emotionally constructive family members who help in nourishing and uplifting a person and carve them to their best versions. In this regard, the International Day of Families, which began as a tradition back in the year 1994, started by the United Nations, talks about the significance of families across different and all communities of today's world. This year will also see this day being celebrated in high spirits.
13.05 / 19:47
UPS Provident Strategy WhatsApp Interviews Muthoot FinCorp to rely less on flagship gold loans
Muthoot FinCorp is looking to lessen its reliance on gold loans by lowering the share of its flagship business to 80% from 98% as part of a three-year diversification strategy, said managing director Shaji Varghese. Varghese said the company is aspiring to become a full-stack financial services provider to lower to middle-income people. The lender is expanding its network of branches and plans to hire 4,000 people this fiscal for its new lines of business including MSME financing and offering loans against property (LAP). «We are in a transition phase now. Traditionally, we have been a gold loan company. In the past, almost 98% of the revenue used to be from gold loans only. But now things are changing. We have taken a business strategy way forward that we would like to become a service provider of choice because we see a bigger opportunity in the lower to middle-income group,» Varghese said in an interview.
13.05 / 19:47
WhatsApp wellness reports Courts Edelweiss, Phoenix among ARCs vying for IOB's Rs 13,472-crore NPAs
asset reconstruction companies have shown interest in acquiring a nearly ₹13,500-crore loan portfolio of Indian Overseas Bank (IOB), three sources familiar with the development said. Among the ARCs expressing interest are Edelweiss ARC, Phoenix ARC, Omkara ARC, and Prudent ARC. IOB has set a deadline of May 28 for the submission of bids for the portfolio of ₹13,472 crore of loans, following the closure of the expression of interest today. In the event of a single bid for any portfolio, the bank will conduct a Swiss auction, using that sole bid as the anchor, according to the notice issued by the bank on its official website.
13.05 / 19:47
FIVE Ball Racing WhatsApp stage cricket bowling play Gujarat out of IPL play-off race after washout
Gujarat Titans have been knocked out of the play-off race after rain forced their IPL match against Kolkata Knight Riders to be abandoned without a ball bowled in Ahmedabad on Monday. The two teams took one point each, confirming a top-two finish for table-toppers Kolkata, who remain the only side to have already qualified for the next stage. The last times Kolkata ended in the top two in the league stage, they went on to win the tournament in 2012 and 2014.
13.05 / 19:09
Provident WhatsApp information reports New functionality in AIS rolled out for taxpayers
tax filing system more transparent, the Central Board of Direct Taxes (CBDT) has introduced a new functionality in the Annual Information Statement (AIS) that will allow taxpayers to share feedback on every transaction displayed therein, confirm any transaction listed and provide response on the feedback on a real-time basis. The move will allow taxpayers to verify and correct data provided in the AIS before filling their income tax returns.
13.05 / 19:09
WhatsApp cover inclusion reports Over 514 million jobs created during 2014-2024
employment was generated between 2014 and 2024 out of which 197.9 million was as a result of governance-led interventions and 316.1 million due to credit-led interventions, said a SKOCH report on Job Generative Impact of Modinomics, released on Monday. A man-year or person-year is a unit of measurement for the amount of work done by an individual throughout the entire year expressed in hours. The report is based on 80 case studies covering borrowers who took multiple loans and data of various government schemes.
13.05 / 17:11
markets Digital Election WhatsApp trends reports Schools Deal activity declines 60 pc in April to USD 5.19 bn despite more transactions
Mumbai: The overall deal activity by value declined by a sharp 60 per cent to USD 5.192 billion in April as compared to the preceding March's USD 12.934 billion, a report said on Monday. This was despite a 24 per cent increase in the number of deals at 176 during the month, the report by a consultancy firm said.
13.05 / 16:07
markets Provident WhatsApp stake Nalanda Capital sells 1.4 pc stake in Great Eastern Shipping for Rs 190 crore
Investment firm Nalanda Capital on Monday divested a 1.4 per cent stake in Great Eastern Shipping Co Ltd for Rs 190 crore through an open market transaction. Singapore-based Nalanda Capital through its arm Nalanda India Equity Fund Ltd sold shares of Great Eastern Shipping Co Ltd through a bulk deal on the BSE.
13.05 / 16:07
WhatsApp Assam Police arrest two Bangladeshi terrorists at Guwahati Railway Station
Assam police have arrested two terrorists from Bangladesh from Guwahati railway station.
13.05 / 16:07
markets WhatsApp reports Updates Colonial Q1 Results: Net profit doubles on inflation-linked contracts, high occupancy
Spanish real estate group Colonial reported a doubling in first-quarter net profit on Monday supported by inflation-linked rental income and high occupancy rates. The Barcelona-based firm posted a net profit of 54.5 million euros ($58.9 million) versus 27.8 million a year earlier.
13.05 / 16:07
WhatsApp President War reports rights Interviews Headlines Argentine President Javier Milei branded 'traitor' over his comment on Falkland. Tension simmers again
Falkland has once again hit the headlines and it is most likely to stir the passion of the people living on the island. After Argentina’s President Javier Milei said that British Foreign Secretary David Cameron has “every right” to visit the Falkland Islands as they are “in the hands of the United Kingdom, he has been branded as a 'traitor'.
13.05 / 16:07
Netflix WhatsApp Moss film reports Fubar Season 2 release date on Netflix delayed? Here's what we know so far
Fubar season 2 is all set to be released on Netflix. Carrie-Anne Moss has now roped in to play a pivotal role in the Netflix Original series, as per a report on WhatsOnNetflix.
13.05 / 16:07
markets COST UPS WhatsApp Jindal Steel Q4 Results: Profit doubles in March quarter on lower costs
The company produced 2.05 million, and sold 2.01 million tonnes of steel during the quarter. This compares to production of 2.02 million, and sales of 2.03 million tonne in the comparable quarter in the previous year. Of this, exports accounted for around 11% of the total sales, the same as the previous year.
13.05 / 15:07
WhatsApp reports Aditya Birla Capital Q4 Results: Net profit doubles to Rs 1,245 crore
Aditya Birla Capital on Monday reported a two-fold rise in profit to Rs 1,245 crore on a consolidated basis for the fourth quarter ended March 2024. The company posted a net profit of Rs 609 crore in the same period a year ago. The consolidated profit after tax, excluding one-off items (sale of shares in AMC through OFS in Q4 FY24), grew 33 per cent to Rs 812 crore in the quarter, it said.
13.05 / 15:07
markets UPS WhatsApp Pharmaceuticals Exim posts 62% rise in profits, to raise over Rs 60,000 crore from local markets this year
Export financier Exim Bank recorded a 62 percent growth in net profit for the year ending March 2024 as it could control bad loans. The lender is planning to raise over Rs 60,000 crore in FY'2024-25 from the domestic market in addition to $3-3.5 billion from the overseas market.
13.05 / 15:07
markets Provident WhatsApp Piramal Group arm invests Rs 600 cr in microlender Annapurna Fin
Piramal Alternatives on Monday announced a Rs 600 crore investment for an undisclosed stake in microfinance company Annapurna Finance. The investment includes a secondary stake buy from an existing shareholder and also providing it with the non-core tier-II capital, a company statement said.
13.05 / 15:07
UPS Provident Waters SUN WhatsApp Investigations Do aliens exist? NASA to send missions to investigate life in outer space
NASA and the European Space Agency are gearing up to send spacecraft on groundbreaking missions to uncover evidence of extraterrestrial life.
13.05 / 15:07
markets WhatsApp country reports DLF Q4 Results: Net profit jumps 62% YoY to Rs 920.71 crore
DLF Ltd on Monday reported a 62 per cent increase in its consolidated net profit to Rs 920.71 crore in the quarter ended March on higher income amid strong housing sales. Its net profit stood at Rs 570.01 crore in the year-ago period. Total income rose to Rs 2316.70 crore in the fourth quarter of 2023-24 fiscal from Rs 1,575.70 crore in the corresponding period of the previous year, according to a regulatory filing.

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