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09.05 / 10:59
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Heat wave possibility: IMD issues yellow alert in Kerala's Alappuzha district for May 9
IMD) on Thursday issued a yellow alert for Alappuzha district of the state for the day due to the likelihood of heatwave conditions there. The IMD said maximum temperatures were likely to be around 39 degrees Celsius in Thrissur and Palakkad, 38 degrees Celsius in Alappuzha, 37 degrees Celsius in Kollam, Kottayam, Pathanamthitta, Ernakulam, Kozhikode and Kannur and 36 degrees Celsius in Thiruvananthapuram, Malappuram and Kasaragod districts of the state till May 10.
09.05 / 09:59
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R Shankar Raman elevated as President of L&T
Larsen and Toubro on Thursday announced that it was elevating R Shankar Raman as the Preaident of the engineering and construction conglomerate. Post the promotion, Raman will continue to hold the position of the whole-time Director and CFO of the company as well. The company's Senior Executive Vice President (EVP), Energy, Subramanian Sarma has been elevated to whole-time Director and President, Energy.
09.05 / 09:59
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Mother's Day 2024: Here's date, history, significance, and all about this special day
Mother's Day 2024: They mend scraped knees and broken hearts, celebrate triumphs big and small, and offer unwavering support through thick and thin. Mothers are the cornerstones of our lives, shaping us from tiny tots into the people we are today. This Mother's Day, we celebrate these incredible women. Here's all about the history of Mother's Day and the reasons why we take this special day to shower our moms with appreciation. Whether it's the mom who works tirelessly to provide, the single parent who juggles countless responsibilities, or the adoptive mother who opens her heart and home, motherhood comes in all shapes and sizes. This Mother's Day, we recognize the diverse experiences of mothers around the world. From grandmothers to stepmoms and foster moms, this day is a chance to honour the women who nurture and guide us, reminding them of the profound impact they have on our lives.
09.05 / 09:27
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PNB Q4 Results: Profit jumps nearly three-fold to Rs 3,010 crore
Punjab National Bank (PNB) on Thursday posted a nearly three-fold increase in net profit to Rs 3,010 crore for the fourth quarter ended March 2024, aided by improvement in core income and decline in bad loans. The bank had earned a net profit of Rs 1,159 crore in the same quarter a year ago. The total income increased to Rs 32,361 crore during the quarter under review, as against Rs 27,269 crore in the same period last year, PNB said in a regulatory filing.
09.05 / 09:27
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ESAF Small Finance Bank Q4 Results: Profit slips 57% to Rs 43 crore
ESAF Small Finance Bank on Thursday reported 57 per cent decline in net profit at Rs 43.4 crore for the fourth quarter ended March 2024 on account higher provisions. The Kerala-based bank had posted a net profit of Rs 101.4 crore for the year-ago period. Total income increased to Rs 1,152 crore in March quarter from Rs 868 crore a year ago, the bank said in a regulatory filing.
09.05 / 09:27
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Aparna Purohit quits Prime Video as head of originals
Aparna Purohit, Head of Originals for India and Southeast Asia at Amazon's streaming platform Prime Video, has quit after an eight-year stint, the streaming platform said, confirming the development. «Over the past eight years, Aparna has played a key role in developing some of the most-loved and popular Amazon Originals for India. She championed authentic, rooted, and diverse narratives that made Prime Video’s local original content resonate with audiences,» a Prime Video spokesperson said in a statement. «She was also the driving force behind the diversity initiatives at Prime Video, significantly increasing female participation in storytelling in front of and behind the camera,» the spokesperson added.
09.05 / 09:27
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Pharmaceuticals
Alembic Pharma Q4 Results: Posts higher profit on strong N.America sales
generic drugmaker Alembic Pharma reported a 17% rise in fourth-quarter profit on Thursday, driven by strong sales, especially in the key North American market. Consolidated profit rose to 1.78 billion rupees ($21.3 million) in the three months ended March 31, from 1.53 billion rupees a year earlier.
09.05 / 08:33
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Investors lose over Rs 5 lakh crore as Sensex crashes 800 points. Here are key factors behind the mayhem
Indian headline indices plunged on Thursday amid broad-based selling pressure. The S&P BSE Sensex tanked 840 points to the day's low of 72,624.14, while the broader Nifty50 shed 240 points to hit the day's low of 22,030.95. Q4 earnings and election uncertainty have dented the Street sentiment. The volatility index India VIX also spiked 5% to 17.85 levels.
09.05 / 08:33
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Akshaya Tritiya: From Gold to Ghada, five items you can buy to bring good luck on the auspicious day
Akshaya Tritiya holds significant religious importance for Hindus. It is considered one of the most auspicious days. It is considered sacred for new beginnings, and buying new things is a key ritual. Akshaya Tritiya is also known as Akha Teej because it falls on the Tritiya Tithi of Shukla Paksha. This festival will be celebrated with grandeur across the country on May 10, 2024. There are many items that you can purchase on this special day. Here, we will highlight 5 things that can make your day extraordinary. Gold: Buying gold on the day of Akshaya Tritiya is considered one of the best things, as gold is a symbol of prosperity and good fortune. People who buy gold on this particular day are blessed with good fortune and prosperity in life. After purchasing gold, it is important to perform a puja and offer the gold coin or jewelry to Goddess Laxmi and Lord Kuber.
09.05 / 08:33
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Share price of United Spirits falls as Sensex drops 752.73 points
United Spirits Ltd. dropped 2.62 per cent to Rs 1204.6 at 01:43PM (IST) in Thursday's trade. The stock hit a high of Rs 1244.95 and low of Rs 1200.05 so far during the session. The stock had closed at Rs 1237.05 in the previous session. The counter had a total traded volume of 01:43PM shares so far with a turnover of Rs 1.68 crore on BSE. The stock traded at a price-to-earnings multiple of 68.31 and a price-to-book ratio of 9.17.
09.05 / 08:33
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Political parties flock to Mumbai shelter as homeless residents become voters
voter ID cards. This marks the first group of beneficiaries at the shelter, which has been operated by the Social and Evangelical Association for Love (SEAL) for 25 years. Social workers from SEAL facilitated this initiative, benefiting a total of 125 homeless individuals at the shelter. They are now eager to participate in the upcoming Phase-4 elections in the Maval constituency on May 13 by casting their votes. This addition of 125 new voters has caught the attention of political party workers. They have started visiting the SEAL Ashram to campaign for their candidates and inquire about any issues the shelter residents may have that they can address. Pastor Biju Samuel, who is second-in-command at SEAL, told TOI, «We are happy that our shelter home is now finally showing on the political radars of parties, since we now have 125 newly registered voters. For the past quarter century, local politicians were hardly interested in homeless people. Now they do.»
09.05 / 04:25
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Australia unveils plans to keep burning gas beyond 2050
Australia unveiled plans Thursday to keep burning natural gas beyond 2050, saying its reliance on the fossil fuel would not derail a pledge to reach net zero emissions in the next 30 years. Resources minister Madeleine King said gas «will remain an important source of energy» in Australia, outraging environmental groups who branded the Future Gas Strategy a "climate disaster".
09.05 / 04:19
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Sensex, Nifty off to tepid start as volatility keeps investors on sidelines
Indian shares opened flat on Thursday following a mostly uneventful close in the previous session, as market sentiment remained subdued amid increasing volatility and selling pressure from foreign investors. The BSE Sensex was trading 41 points or 0.06% lower at 73,429. Nifty50 was trading at 22,295, down 8 points or 0.03% at around 9.20 am.
09.05 / 01:19
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BSE Q4 results: Net profit at Rs 106.9 crore
Mumbai: BSE (The Bombay Stock Exchange) said consolidated net profit was ₹106.9 crore for the quarter ended March 31, up 0.56% from the previous quarter. Consolidated revenue from operations jumped 31.5% to ₹488.4 crore from the December quarter.
09.05 / 01:19
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RBI now lifts curbs on BoB World App
Reserve Bank of India (RBI) Wednesday lifted a ban imposed on the Bank of Baroda (BoB), which was barred from onboarding customers through its mobile banking application. Government-owned BoB told stock exchanges that the RBI, in a letter dated May 8, conveyed the decision to lift the restrictions on 'BoB World' with immediate effect.
09.05 / 00:47
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Stocks in news: SBI, Asian Paints, BPCL, L&T, Bajaj Consumer, WPIL
SBI, Asian Paints, BPCL, L&T, Bajaj Consumer, WPIL among others will be focused due various news developments and quarterly results. SBI, Asian Paints, BPCL, Indian Overseas Bank
09.05 / 00:47
Target
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Healthcare
pandemic
Diagnostics chains at inflexion point: Emkay
Emkay Global initiated coverage on diagnostic chains with buy ratings on Dr Lal PathLabs and Metropolis Healthcare while giving an 'add' rating on Vijaya Diagnostics. «With competitive intensity reducing after the emergence of the new normal post-pandemic, we believe Indian organised diagnostics chains stand at the cusp of inflexion,» said the firm's analysts Anshul Agrawal and Eshan Bhargava in a client note."
08.05 / 21:45
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Delta Air Lines, Southwest Airlines emerge winners in top US airline survey. Check full list
Delta Air Lines and Southwest Airlines emerged as frontrunners, earning accolades for their commitment to customer experience excellence in the prestigious J.D. Power's North American airlines customer satisfaction survey for 2024. Released on Wednesday, the survey results underscored a noteworthy trend: airlines prioritizing investments in their personnel are reaping the rewards of heightened customer satisfaction, even amid a backdrop of elevated airfares compared to the previous year. This recognition serves as a testament to the pivotal role of dedicated and well-trained staff in shaping the overall travel experience, highlighting the enduring value of quality service in an industry marked by constant evolution and competition.
08.05 / 21:45
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reports
Tornado alert: Nearly 60 million residents in tornado zone. Check full list of states
tornadoes across the US regions in Tennessee, Iowa, and other states that will see some critical destruction in the US regions according to a recent report by ABC News. According to reports, there were already reports of 21 different confirmed tornadoes across six US states that included the likes of Tennessee, Iowa, Kansas, Oklahoma, Missouri, and Nebraska.
08.05 / 21:45
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The Kardashians Season 5: Everything we know about release date, trailer and more
Hulu has unveiled the trailer for the upcoming fifth season of the popular reality series, The Kardashians, set to premiere on May 23. The teaser offers a glimpse into the dramatic lives of Kim Kardashian, Khloé Kardashian, Kourtney Kardashian, Kendall Jenner, Kylie Jenner and Kris Jenner. Kim Kardashian's New Chapter
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