WhatsApp Financial News
03.12 / 12:07
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Priyanka Gandhi demands financial support for people of landslides-hit Wayanad
Priyanka Gandhi Vadra on Tuesday demanded financial support for the people of landslides-hit Wayanad in Kerala and sought to know the action plan of the government for the area. The disaster, which struck on July 30, devastated large parts of three villages --Punchirimattam, Chooralmala, and Mundakkai — along with sections of Attamala in Wayanad. As per the government, the deadly disaster claimed 231 lives. Speaking with reporters outside Parliament, Priyanka Gandhi said, «People of Wayanad have not received financial support. They have gotten very little support.»
03.12 / 09:55
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Tamil Nadu CM MK Stalin announces cyclone relief fund of Rs 2,000 to rain-affected families
The meeting decided to extend relief assistance to the rain-hit people in Villupuram, Kallakurichi, Thiruvannamalai, Cuddalore, Dharmapuri and Krishnagiri districts, and extend Rs 5 lakh as compensation each to the families who lost their kin due to cyclone or floods. The government has decided to provide Rs 10,000 as compensation for damaged huts, give priority to construct houses under the Kalaignar Kanavu Illam (housing scheme) for completely damaged huts, provide Rs 17,000 per hectare relief for rain-damaged paddy crops, including irrigated crops to farmers, and Rs 22,500 per hectare for perennial crops and trees damaged.
03.12 / 05:21
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Tata Power shares 2.64% as Nifty
Tata Power Company Ltd. 2.64 per cent to Rs 427.15 in Tuesday's trade. It hit a high of Rs 427.80 and low of Rs 417.50 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 426.96, while the 50-DMA was at Rs 440.18. 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.
03.12 / 04:25
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Buy Allied Blenders & Distillers, target price Rs 400: ICICI Securities
buy call on Allied Blenders & Distillers Ltd. with a target price of Rs 400. The current market price of Allied Blenders & Distillers Ltd. is Rs 335.8. Investment Rationale Allied Blenders and Distillers (ABD) is well positioned to capture premiumisation trend in alco-beverages industry via new product launches in P&A segment (ICONiQ White Whisky to double its volume YoY in FY25; launches in premium and luxury segments to drive realisation growth). Further, it has plans to drive profitable growth in Officer?s Choice Whisky by focus on improving state brand mix. Additionally, backward integration towards own ENA manufacturing, premiumisation and operating leverage may drive operating margin expansion (~170bps over FY25-27E). ICICI Securities' model revenue / EBITDA CAGR of 10%/30% over FY24-27E. Initiate coverage with BUY with a DCF-based target price of Rs 400. Key risks: (1) Potential ban or regulatory change in key states and (2) failure in scale-up of Prestige & Above (P&A) segment.
03.12 / 03:29
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Encounter underway between security forces and terrorists in Srinagar
encounter broke out between security forces and terrorists in the Dachigam forest area of Srinagar on Tuesday, police said. A police official said security forces launched a cordon-and-search operation in the upper reaches of the Dachigam forest after receiving specific intelligence inputs. Dachigam is a national park on the outskirts of the city. It covers an area of about 141 square kilometres. The official said the contact with the terrorists was established after they fired upon a search party of the forces, who retaliated.
02.12 / 20:27
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Newly-elected MP Priyanka Gandhi sits next to Rahul in front row of Oppn benches
Priyanka Gandhi Vadra on Tuesday sat in a front row seat of the Opposition benches, right next to her brother Rahul Gandhi, who is the leader of the Opposition. The siblings were sitting together, chatting and looking at the Congress MPs, who were raising slogans from the Well when the Lok Sabha reassembled at 12 noon after the first adjournment at 11 am.
02.12 / 18:09
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WhatsApp to end support for older iPhones in May 2025; check the full list
popular instant messaging platform will no longer be compatible with iOS versions earlier than 15.1, according to a report from WABetaInfo.This move will affect devices that are unable to update beyond iOS 12.5.7, the last software version available for these older iPhones. Users on these models must either upgrade to a newer device or explore alternatives, as their current hardware will no longer support WhatsApp after the announced deadline.WhatsApp has given users a generous five-month notice, with the changes set to come into effect on 5 May 2025.
02.12 / 12:15
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Nov
Adani Ports and Special Economic Zone handles 36 MMT cargo in Nov
Adani Ports and Special Economic Zone Ltd (APSEZ) on Monday said it has handled 36 million metric tonnes (MMT) of cargo in November 2024. The company in a regulatory filing said that the container segment registered a growth of 21 per cent growth. APSEZ said in the eleven month of 2024, it handled 293.7 MMT cargo, registering a 7 per cent growth compared to the same period last year. The company's logistic rail volume also rose 10 per cent in the eleven months of 2024 to 4.2 lakh twenty-foot equivalent unit (TEUs).
02.12 / 09:33
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SC pulls up Delhi govt over lack of GRAP Stage 4 implementation to tackle air pollution
Supreme Court on Monday expressed concern over the inadequate implementation of Stage IV of the Graded Response Action Plan (GRAP) in the national capital region to combat severe air pollution. The court observed that despite the alarming air quality levels, there has been a lack of serious enforcement of measures outlined under GRAP Stage IV, which is triggered when air quality deteriorates to hazardous levels.
02.12 / 07:37
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Govt taking steps to help achieve GDP growth target: DEA Secy Ajay Seth
GDP growth target of 6.5%-7%, the country's economic affairs secretary said on Monday. The government expects growth to accelerate in the second half of the year, Ajay Seth said. India's economic growth slowed much more than expected in the second quarter of the financial year, hampered by weaker expansion in manufacturing and consumption, likely adding pressure on the central bank for interest rate cuts.
02.12 / 07:37
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Excise policy case: Delhi HC asks ED to reply to Manish Sisodia's plea
Delhi High Court on Monday sought the Enforcement Directorate's response on a plea of AAP leader Manish Sisodia challenging a trial court's order taking cognisance of a chargesheet filed in a money laundering case linked to the alleged excise policy scam. Justice Manoj Kumar Ohri issued the notice to the Enforcement Directorate (ED) and fixed Sisodia's plea on December 20, when AAP chief Arvind Kejriwal's similar petition is also listed for further proceedings. The former deputy chief minister sought the high court's direction to set aside the trial court's order on the ground that the special judge took cognisance of the chargesheet in the absence of any sanction for the prosecution of the former Delhi chief minister, who was a public servant when the offence was allegedly committed. Sisodia is out on bail in the case.
02.12 / 06:49
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PM Modi to watch Vikrant Massey-starrer 'The Sabarmati Report' at 4pm today
Narendra Modi is set to watch the film Sabarmati Report on Monday evening at the Balyogi Auditorium in the Parliament Library Building. Officials confirmed that the screening will feature the prime minister as part of the audience. The film, directed by Dheeraj Sarna and starring Vikrant Massey, delves into the events surrounding the tragic fire incident on the Sabarmati Express in Godhra on February 27, 2002.
02.12 / 06:09
02.12 / 06:09
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Vedanta shares 0.63% as Nifty
Vedanta Ltd. 0.63 per cent to Rs 456.40 in Monday's trade. It hit a high of Rs 460.40 and low of Rs 453.00 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 414.36, while the 50-DMA was at Rs 470.13. 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.
02.12 / 04:41
02.12 / 03:33
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Experts
Bengaluru techie scammed by 'escort': How a Rs 15,000 booking led to Rs 8.1 lakh loss
The incident unfolded when the victim, Gautham (name changed), contacted a woman through a portal and was caught in an elaborate extortion scheme. Gautham, who works for a private firm, found the number of an escort, identified as Amrutha Gill, on a website called massagerepublic.com. Introducing herself by multiple names, Roopa, Kushi, and Sonia, the woman agreed to meet him for three hours at a cost of Rs 15,000.
02.12 / 02:37
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Uttar Pradesh declares Maha Kumbh area new district
Yogi Adityanath, has declared the Maha Kumbh area in Prayagraj as a new district. The decision, taken on Sunday, which led to the formation of the new Maha Kumbh Mela district, was made to streamline the management and administration of the upcoming Kumbh Mela, ensuring smooth operations for the grand religious event scheduled for January 2025. The newly formed district will be known as Maha Kumbh Mela. This step has been taken to smoothly manage the special event of Kumbh Mela and conduct administrative work in a better manner.
02.12 / 02:19
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Cybercrime
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Investigations
Delhi Cyber police nabs fraudster Kalyan Roy, recovers Rs 2.40 lakhs
Kalyan Roy, a resident of Thakurmura village, Tripura (located at the Bangladesh border). The arrest led to the recovery of Rs 2.40 lakh, said the Cybercrime unit of Delhi Police. According to the Cybercrime unit's statement, the complainant, Sunil Verma, alleged that in September 2021, he came in contact with a foreign woman (American) on Facebook. The woman later sent him a WhatsApp message, claiming to be sending gold jewelry, mobile phones, laptops, and a few thousand American dollars through a courier. She requested him to accept these items on her behalf. The statement from Delhi Police's Cybercrime unit continued: «In October 2021, the complainant received a call from someone claiming to be a delivery partner, stating that a parcel containing precious items was lying at the courier office in his name. The caller requested a fee to release the parcel.»
01.12 / 20:25
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Holcim to sell stake in Lafarge Africa
cement maker Holcim will exit its Nigerian business through the sale of its almost 84% stake in Lafarge Africa to China's Huaxin Cement in a $1 billion deal, it said on Sunday. The deal aligns with Holcim's strategy to streamline its portfolio and focus on high-growth regions, including the coming spin-off of its North American business, which remains on track for a US listing in the first half of 2025.
01.12 / 13:13
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GST collection rises to Rs 1.28 cr in November
GST collection rose 8.5 per cent to Rs 1.82 lakh crore in November, government revealed on Sunday. In October, Gross GST collection in October rose 9 per cent to over Rs 1.87 lakh crore, the second-highest ever, on pick-up in domestic sales and improved compliance.
01.12 / 10:49
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Hyundai sales dip 7% in November
Hyundai Motor India on Sunday said its total sales declined 7 per cent year-on-year to 61,252 units in November. The automaker had dispatched 65,801 units to its dealers in November last year, the automaker said in a statement.
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