WhatsApp Financial News

03.10 / 19:11

FIVE JPMorgan Chase WhatsApp reports Vedanta Resources nears $3 billion refinancing deal

₹59,192 crore as of 30 June, doubling in the past year from ₹26,799 crore, according to regulatory filings. Vedanta Resources’ Indian units, Hindustan Zinc Ltd and Vedanta Ltd, paid out a total dividend of $4 billion and $1.2 billion, respectively, to their shareholders in FY23. Of these, the parent received $2.5 billion.

03.10 / 19:11

NIFTY WhatsApp Experts information stars reports Vedanta volume spike sparks concern

₹222.55, a 6.5% increase from the ₹209 close on 27 September. A Bloomberg report on 28 July ran the news of the restructuring a day before the formal announcement. On that day, the delivery stood at 7.8 million shares, while on the announcement day, it totalled 8.2 million shares.

03.10 / 19:11

Provident Platform Software WhatsApp Healthcare stage 2020 stake acquires Warburg Pincus acquires stake in Everise

Mumbai: Private equity firm Warburg Pincus has acquired a stake in IT services firm Everise Holdings at a valuation of $1 billion, the companies said in a statement. While Everise’s majority owner Brookfield Asset Management will retain some of its stake, co-owner Everstone will exit as part of the transaction. Brookfield had previously decided to sell a majority stake in Everise, but Tuesday’s statement did not specify whether Warburg indeed acquired a majority stake.

03.10 / 19:11

UPS economy WhatsApp stage beautiful travelers L Catterton to step up India focus over 2 yrs

MUMBAI : Consumer-focused private equity fund L Catterton, backed by French Luxury brand LVMH, is looking to accelerate investments in India over the next 12-24 months, a top company official said. The PE firm, which raised a $1.4 billion Asia fund in 2019 to deploy in China, Japan and India, is scouting for opportunities across consumer sub-segments, Anjana Sasidharan, partner and head of India at L Catterton said in an interview. Founded in 1989, L Catterton manages around $33 billion of equity capital across private equity, credit and real estate.

03.10 / 18:21

Manufacturing WhatsApp show Capex dips in Q2, may stay muted for a while

₹1.2 trillion were announced by companies during the July-September period, marking a whopping 82% sequential decline and 77% year-on-year decline. The figures are provisional and may be updated later.

03.10 / 18:21

WhatsApp Southern film Multiplexes resist southern studios’ plans for shorter OTT window

₹650-crore mark globally and is one of the highest grossing movies of all time in home state Tamil Nadu. However, the big difference is that Leo is set to release in IMAX, a format licensed by large chains such as PVR, and are mostly located in the north.

03.10 / 18:21

Digital WhatsApp pandemic New skills lift independent directors’ pay

₹1 lakh per sitting, and in many cases, there is a profit-linked commission paid to non-executive directors, which can be an incentive to attract more skilled and reputed individuals. Compensation can vary from ₹20 lakh to ₹1 crore-plus per director, depending on the size of the company, the industry and profit-linked commissions. A Mumbai-based headhunter specializing in board member searches noted a tripling in compensation over the past two years.

03.10 / 18:21

UPS awards WhatsApp love ‘Consumers’ love and respect must prevail over numbers’

You are the Bhishma Pitamaah of Indian advertising. So, how do you see this change of guard panning out at Ogilvy? That’s a very big thing to say. All I can tell you is that I believed in advertising when I joined in the 80s.

03.10 / 17:01

UPS Digital WhatsApp testing NOT Breath analyser tests: DGCA may ask pilots not to use perfume, mouthwash, tooth gel

Click here! For all scheduled flights originating from destinations outside India, post-flight breath analyser examination of each flight crew and cabin crew shall be carried out at first port of landing in India, as per the norms. As per the draft CAR, no crew member shall consume any drug/formulation or use any substance such as mouthwash/tooth gel/perfume or any such product which has alcoholic content.

03.10 / 17:01

awards WhatsApp country consequences prevention Chanda Kochhar moves SC against Bombay HC order on her ‘termination’ from ICICI Bank, seeks post-retirement benefits

alleged out-of-turn loans worth ₹3,250 crore issued to the Videocon Group, between 2009 and 2018, which in-turn allegedly benefitted her husband Deepak Kochhar. ICICI Bank had in 2019 conducted an internal inquiry, and concluded that Kochhar had violated the norms related to conflict of interest.

03.10 / 17:01

Fighting Assurant WhatsApp Inside TMC leaders including Abhishek Banerjee, Derek O'Brien protesting inside Krishi Bhavan in Delhi detained by police

₹15,000 crore in dues to the state under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and PM Awas Yojana. The BJP has rejected the charge and accused the TMC of doing a "drama" in Delhi to divert attention from the scams in West Bengal. Lok Sabha MP from Krishnanagar Mahua Moitra alleged the Centre is collecting taxes from West Bengal, but not giving the state's dues.

03.10 / 17:01

UPS Target FIVE Progressive Manufacturing WhatsApp ‘Coal stock comfortable, commercial mines to produce 145 mt in FY24’

NEW DELHI : With the likelihood of 11 auctioned commercial mines becoming operational in the current fiscal year, coal output from commercial and captive mines will reach 145 million tonnes (mt) in FY24, said coal secretary Amrit Lal Meena. Last year production from commercial and captive mines was about 116 mt. In an interview, the secretary said that the target for this output from commercial mines is 162 mt, and that production is expected to reach 145 mt.

03.10 / 16:17

Provident MAIL WhatsApp Indian Trains at a Glance: Indian Railway releases new timetable, 64 Vande Bharat trains added to the list

Click here! Agartala-Anand Vihar Rajdhani (20501/02) has been diverted via Malda and Bhagalpur, the Indian Railway added. In the new timetable some train services in South Eastern Railway have been revised to improve their Punctuality.

03.10 / 16:17

UPS Lowe's Target WhatsApp ‘Non-power sales rise is positive for CIL earnings’

NEW DELHI : Coal India Ltd (CIL) that has seen an over 26% surge in stock prices since August-end also scaled 52-week highs on the BSE on Tuesday. Though strong production and sales volume numbers for September helped to build confidence in the company achieving annual growth guidance, it is rising supplies to non-power sector that will help the improvement in blended realisations and profitability. Coal India’s first half FY24 production at 333 MT rose 11.3% year-on-year while total supplies also shot up to 360.7 MT during first half, marking 8.6% y-o-y growth.

03.10 / 16:17

BLOCK Reuters Maxim Enterprise WhatsApp reports stake Abu Dhabi's IHC increases stake in Adani Enterprises to 5.04%

₹153.6 crore, according to Tuesday’s volume-weighted average price of Adani Enterprises. "This strategic increase reflects IHC's conviction in the world-leading incubation model of AEL," IHC said in a statement to the Abu Dhabi stock exchange. IHC also highlighted the inherent strength of AEL's airports, data centers, green hydrogen and other businesses, and its ability to capitalize on India's robust growth journey.

03.10 / 15:43

Digital WhatsApp information reports Delhi Police arrests NewsClick founder Prabir Purkayastha in anti-terror case amid China fund allegations

NewsClick in connection with its probe into a case filed under the anti-terror law UAPA following allegations that it received money for pro-China propaganda. The news media house has been under investigation for allegedly receiving funds from China.

03.10 / 15:43

WhatsApp Indian FIIs sell Indian shares worth ₹2,034 crore; DIIs buy worth ₹1,361.02 crore

₹2,034.14 crore of equities in the Indian share market on Tuesday. The domestic institutional investors (DIIs) turned into net buyers by investing ₹1,361.02 crore.

03.10 / 15:43

UPS Booking WhatsApp President shock donates Sam NOT Sam Bankman-Fried explored paying Trump to not run for president, was indicated ‘$5 billion’ as price, book excerpt says

jail on charges of fraud, had also "planned to give $15 million to $30 million to Republican Senator Mitch McConnell to defeat the ‘Trumpier’ candidates" in the last Senate elections, according to the excerpt of the book - Going Infinite: The Rise and Fall of a New Tycoon - published in TheWashington Post. "On a separate front, he explained to me, as the plane descended into Washington, he was exploring the legality of paying Donald Trump himself not to run for president," Lewis wrote. "His team had somehow created a back channel into the Trump operation and returned with the not terribly Earth-shattering news that Donald Trump might indeed have his price: $5 billion.

03.10 / 15:43

WhatsApp IAF seeks mountain radars to look deep into China as border dispute continues

₹3 lakh crore, with this year alone accounting for a spending of ₹41,180 crore, Chaudhari said The IAF chief said the situation along the Line of Actual Control (LAC) with China was the same as last year and hence the Air Force will remain deployed along the disputed frontier till complete disengagement took place.

03.10 / 15:43

COST Target WhatsApp tenor reports Q3 Weekly surges week States' borrowing cost surges 7.56% to 23-week high at first weekly debt auction of Q3: Report

PTI. As per details, 14 states raised ₹22,500 crore through the issuance of state government securities. This was in line with the indicated amount for this weekly auction for the third quarter calendar. Chief economist at Icra Ratings, Aditi Nayar pointed out that the auctions saw a steep surge in the cut-offs across tenors leading to the weighted average cost jumping to a 23-week high of 7.56 percent.

03.10 / 14:53

Provident WhatsApp Adventure stage reports travelers Vivek Ramaswamy looking for a nanny, starting salary is ₹80 lakhs: Report

job website stated that the home offers abundant space for their two vibrant children ages 3.5 years old and 1 year old, fostering an environment of exploration, play, and learning. With designated play and learning zones, outdoor play areas, and a serene garden, the residence creates a casual, kid-centered, and enjoyable atmosphere.

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