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Ashley Paul | US diaper-maker plunges into debt as Amazon sells its used diaper as new | Paul and Rachelle Baron-owned washable swim diaper-maker Beau & Belle Littles has slipped into debt worth $600,000 (over ₹5 crore) after a one-star review posted in 2020 on Amazon damaged their sales. As per the couple, Amazon sold a faeces-stained used diaper as new, which led to the widely-circulated review. Amazon reportedly declined to remove the review despite Barons' request. | https://www.ndtvprofit.com/world/how-bad-amazon-review-destroyed-beau-belle-littles-swim-diaper-business?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | NDTV Profit | https://shrts.in/tGM1J | 2024-07-19T05:30:01.000Z | 800 | business | business | Couple now considering filing for bankruptcy | Tap to know more |
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System User | All-time low possible amid dollar payments, decline in Asian peers | The Indian rupee may drop to a lifetime low on Friday, pressured by renewed weakness in Asian peers and expectations that dollar payments will persist. Non-deliverable forwards indicate the rupee will open at 83.67-83.68 to the US dollar, inching past the all-time low of 83.6650 hit in June and slightly weaker than 83.65 in the previous session. | https://investmentguruindia.com/newsdetail/all-time-low-possible-amid-dollar-payments-decline-in-asian-peers191611?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Investment Guru India | https://shrts.in/2d6Ja | 2024-07-19T05:00:00.000Z | 800 | business | null | Tap to know more | Tap Here |
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System User | Top 3 stocks that witnessed heavy demand from buyers in preopening | At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 237.08 points or 0.29%. Sector-wise in the pre-opening session, metals dipped by 0.16%, power slipped 0.12% and auto rose 0.04%. VST Industries Ltd, Infosys Ltd and South Indian Bank Ltd emerged as the Top Gainers of BSE in the pre-opening session today. | https://www.dsij.in/dsijarticledetail/articleid/39924/artmid/10163/preview/true?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Dalal Street Investment Journal | https://shrts.in/wgXEC | 2024-07-19T04:50:56.000Z | 800 | business, FINANCE | null | Tap to know more | Tap to know more |
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System User | DMRC boosts last-mile connectivity with 1,100 new e-autos | The Delhi Metro Rail Corporation (DMRC) will introduce over 1,100 e-autos to enhance last-mile connectivity. With 2,299 e-auto permits from the Transport Department,1,183 e-autos are already operating from 40 DMRC stations equipped with charging points. By August end, an additional 1,116 e-autos will be registered. | https://www.logisticsandscm.com/railways/dmrc-boosts-last-mile-connectivity-with-1100-new-e-autos?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Logistics And Scm | https://shrts.in/UhKXa | 2024-07-19T04:19:52.000Z | 800 | business, national | null | Tap to know more | Tap here |
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System User | Oil drops on weak sentiment | Oil prices fell on Friday, setting up for a second weekly decline, as mixed economic signals weighed on investor sentiment and boosted the dollar. Brent crude prices fell by 51 cents, or 0.6%, to $84.50 a barrel by 0035 GMT. US West Texas Intermediate crude futures fell 72 cents, or 0.9%, to $82.10 a barrel. | https://investmentguruindia.com/newsdetail/oil-drops-on-weak-sentiment-set-for-weekly-decline241584?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Investment Guru India | https://shrts.in/92LeQ | 2024-07-19T04:17:49.000Z | 800 | business | null | Tap to know more | Tap Here |
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System User | Dollar set for weekly gain as traders assess US rates | Dollar steady, set to end 2-week losing streak as US data fuels Fed rate cut speculation. The yen wobbled at 157.24 per dollar after touching a six-week high of 155.375 on Thursday in the wake of suspected interventions by Tokyo last week that could total nearly 6 trillion yen, according to data from Bank of Japan. | https://investmentguruindia.com/newsdetail/dollar-set-to-eke-out-weekly-gain-as-traders-weigh-us-rates-yen-wobbles484337?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Investment Guru India | https://shrts.in/LTR5P | 2024-07-19T04:08:32.000Z | 800 | business | null | Tap to know more | Tap Here |
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System User | Asia stocks fall on tech rout contagion, global uncertainty | Asian shares are set to end the week on a sour note, as uncertainty across the geopolitical landscape and in major economies added to headwinds for investors even as the global rate easing cycle gets under way. In the foreign exchange market, Tokyo's recent bouts of intervention also kept traders on edge. | https://investmentguruindia.com/newsdetail/asia-stocks-fall-on-tech-rout-contagion-global-uncertainty375167?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Investment Guru India | https://shrts.in/paGFz | 2024-07-19T03:59:41.000Z | 800 | business | null | Tap to know more | Tap Here |
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System User | Gold slips but set for fourth weekly rise on US rate cut prospects | Gold prices slipped on Friday, but were on track for fourth straight weekly gain as expectations that the Federal Reserve will cut interest rates in September lifted bullion's appeal. Spot gold fell 0.8% to $2,424.34/oz by 0231 GMT. It hit an all-time high of $2,483.60 on Wednesday and is up 0.7% this week. US gold futures dropped 1.2% to $2,426.10. | https://investmentguruindia.com/newsdetail/gold-slips-but-set-for-fourth-weekly-rise-on-us-rate-cut-prospects396962?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Investment Guru India | https://shrts.in/7WViR | 2024-07-19T03:52:35.000Z | 800 | business | null | Tap to know more | Tap Here |
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System User | Indian shares set to open flat | Indian shares are likely to open little changed on Friday, while focus will be on IT stocks after Infosys beat quarterly earnings estimates and raised its annual revenue forecast. The GIFT Nifty was at 24,856 points as of 7:55 am IST, suggesting that the NSE Nifty 50 will open near its Thursday close of 24,800.85. | https://investmentguruindia.com/newsdetail/indian-shares-set-to-open-flat-it-stocks-in-focus712192?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Investment Guru India | https://shrts.in/gS7XX | 2024-07-19T03:41:35.000Z | 800 | business | null | Tap to know more | Tap Here |
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Anmol Sharma | Gujarat Titans on sale, Adani among potential buyers: Report | Adani Group and Torrent Group are in talks with private equity firm CVC Capital Partners for the sale of controlling stake in IPL franchise Gujarat Titans (GT), a report said. CVC is reportedly willing to offload majority stake in GT while retaining a minority holding. BCCI's lock-in period that stops new teams from selling stakes will end in February 2025. | https://www.hindustantimes.com/business/gautam-adani-and-torrent-vie-to-buy-ipl-team-gujarat-titans-from-cvc-capital-report-101721362888466-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Hindustan Times | https://shrts.in/N4eLH | 2024-07-19T05:05:03.000Z | 800 | sports, business, cricket | business, sports | CVC bought GT in 2021 for ₹5,625 crore | Tap to read more |
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Shreyasi Banerjee | Indian employees aged 21-30 most stressed, 41-50 age group most relaxed: Study | Professionals in India aged between ages 21 and 30 are the most stressed at work, while those between ages 41 and 50 are the most relaxed, a recent survey conducted by emotional wellness platform YourDOST has revealed. The study also shows employees aged between 31-40 were the second most stressed group with 59.18% of them experiencing high anxiety levels. | https://www.moneycontrol.com/news/trends/employees-aged-21-30-are-the-most-stressed-at-work-41-50-age-group-is-most-relaxed-study-12772067.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Moneycontrol | https://shrts.in/cRoi8 | 2024-07-19T05:02:13.000Z | 800 | business, national, Health___Fitness | national, health_and_fitness, business | 'Women more stressed than men at workplaces' | Tap to know what more the study has revealed |
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Anmol Sharma | Snapdeal founders Kunal Bahl and Rohit Bansal exit Urban Company with 200x returns | Snapdeal founders Kunal Bahl and Rohit Bansal exited Urban Company, the at-home services platform, gaining nearly a 200 times return from their initial seed investment via their early-stage investment platform Titan Capital. Bahl and Bansal made an aggregate proceeds of ₹111 crore, having invested ₹57 lakh in 2015, a report said. The duo sold their stake to Dharna Capital. | https://business.outlookindia.com/amp/story/corporate/kunal-bahl-rohit-bansal-bag-200-times-return-exiting-urban-company-report?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Outlook | https://shrts.in/eLNUf | 2024-07-19T04:49:22.000Z | 800 | business, startup | business | They earlier exited Ola in 2021 | Tap to read more |
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Ankush Verma | Business tycoon James Michael dies by suicide in US | James Michael Cline, who launched the Fandango movie ticketing business in 2000, died by suicide in the US. According to TMZ, he left a suicide note in his hotel room. He also ran a number of tech companies and venture capital businesses, including the hedge fund Bridgewater Associates. | https://www.ndtv.com/world-news/us-business-tycoon-j-michael-cline-dies-after-falling-from-hotel-6135242/amp/1?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | NDTV.com | https://shrts.in/qoda1 | 2024-07-19T02:30:02.000Z | 800 | business | business | He is survived by his wife and 6 children | Tap to know more |
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Mansi Agarwal | Middle class unhappy, they need tax cuts: Mohandas Pai on Budget | Padma Shri awardee Mohandas Pai said the upcoming Budget needs to ""placate the middle class"". ""Middle class all over the country is...unhappy as they are paying the majority of taxes [but] they're not getting any tax reduction,"" he stated. ""They need to see reduction...[and] not the silly thing...of having 5-7 slabs and giving breaks for housing,"" he added. | https://youtu.be/oqSmwRafuGE?t=295&utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Hindustan Times | https://shrts.in/C6qnz | 2024-07-18T17:38:56.000Z | 600 | business, UNION_BUDGET | business | 'Living cost has gone up' | Tap to know what more he said |
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Mansi Agarwal | Infosys, HCLTech's headcount dips by 9,988 in Q1, TCS adds 5,452 employees | Headcount at Infosys and HCLTech dipped by 1,908 and 8,080 employees, respectively, in the quarter ended June. However, TCS increased its workforce by 5,452 employees during the quarter. HCLTech said it lost around 7,398 employees due to divestment in a joint venture. Excluding that, the headcount was effectively flat on a QoQ basis, the company said. | https://www.moneycontrol.com/technology/indias-top-3-it-firms-see-headcount-drop-by-over-4500-in-q1-article-12772302.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Moneycontrol | https://shrts.in/P8n43 | 2024-07-18T17:10:08.000Z | 800 | business, technology | business, technology | Infosys to hire up to 20,000 freshers in FY25 | Tap to know more |
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Mansi Agarwal | DoT to reimburse testing, certification charges to startups, MSMEs | Department of Telecommunications on Thursday launched a scheme for reimbursement of testing and certification charges for startups, and micro, small and medium enterprises (MSMEs) in the sector. Startups will be eligible for 75% reimbursement, while micro and small enterprises will be eligible for 60% and 50% reimbursement, respectively. The upper limit of reimbursement is ₹50 lakh. | https://x.com/NDTVProfitIndia/status/1813939825634087113?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | NDTV Profit | https://shrts.in/R3hFt | 2024-07-18T16:43:43.000Z | 600 | business, startup | startup, business | 'A seminal moment' | Minister Jyotiraditya Scindia said on the launch |
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Mansi Agarwal | Meta may buy 5% stake in Ray-Ban maker EssilorLuxottica: Reports | Meta is in talks to buy about 5% stake in Ray-Ban maker EssilorLuxottica, as per reports. Such a stake could be worth around €4.33 billion (around $4.73 billion) based on the company's latest market value of roughly €87 billion. Both companies jointly produce Ray-Ban Meta smart glasses, which were first launched in 2021. | https://theprint.in/tech/meta-in-talks-to-buy-5-stake-in-ray-ban-maker-essilorluxottica-wsj-reports/2180298/?amp=&utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | The Print | https://shrts.in/3PN8n | 2024-07-18T15:45:03.000Z | 600 | business, technology | business, technology | No deal is reportedly finalised yet | Tap to know more |
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System User | Price volume breakout stocks likely to be in focus tomorrow | Benchmark indices concluded the trading day positively as both Sensex and Nifty50 closed at record high levels. In the broader market the Nifty Mid-Cap closed down by 0.96% and the Nifty Small-Cap fell by 1.22%. Tata Teleservices (Maharashtra) Ltd, Mahanagar Telephone Nigam Ltd, The India Cements Ltd Onmobile Global Ltd, and Nova Agritech Ltd witnessed a strong positive breakout. | https://www.dsij.in/dsijarticledetail/price-volume-breakout-stocks-these-stocks-likely-to-be-in-focus-tomorrow-39903?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Dalal Street Investment Journal | https://shrts.in/QVPvY | 2024-07-18T12:19:36.000Z | 800 | business, FINANCE | null | Tap to know more | Tap to know more |
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Mansi Agarwal | European Central Bank keeps interest rate unchanged at 3.75% | European Central Bank (ECB) kept its key interest rate unchanged at 3.75% after lowering it for the first time in five years last month. ""Domestic price pressures are still high, services inflation is elevated and headline inflation is likely to remain above the target well into next year,"" the ECB said. The bank aims to lower inflation to 2%. | https://www.reuters.com/markets/europe/ecb-rates-seen-firmly-hold-door-september-cut-still-open-2024-07-17/?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Reuters | https://shrts.in/HXaT9 | 2024-07-18T15:38:52.000Z | 600 | business | business | 'Question of what we do in Sept is wide open' | ECB chief Christine Lagarde said |
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Mansi Agarwal | Lenskart raises ₹160 crore from Peyush Bansal, other co-founders | Lenskart has raised ₹160 crore from its co-founders Peyush Bansal, Neha Bansal, Sumeet Kapahi and Amit Chaudhary, as per a Registrar of Companies filing. While Peyush and Neha invested around ₹70 crore each, Sumeet and Amit infused over ₹9 crore each. This comes a month after the eyewear brand raised $200 million from Temasek and Fidelity in a secondary round. | https://yourstory.com/2024/07/lenskart-raises-rs-160-crore-co-founders-peyush-neha-bansal?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Yourstory | https://shrts.in/kCqCZ | 2024-07-18T15:13:52.000Z | 800 | business, startup | business, startup | 'Co-founders also invested in December' | Entrackr reported |
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Mansi Agarwal | Infosys to work with rules of state govt: CEO Parekh on K'taka's job quota bill | Infosys CEO Salil Parekh said the company will wait and watch Karnataka's bill mandating job reservations for locals in the private sector. ""We're planning to work with all the regulations that the state and Central governments will work on,"" he added. ""Our approach in general is to make sure we align with the new laws...that come out,"" he stated. | https://www.ndtvprofit.com/quarterly-earnings/infosys-q1-fy25-results-2024-profit-revenue-guidance-live-updates?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | NDTV Profit | https://shrts.in/XUakJ | 2024-07-18T14:29:28.000Z | 800 | business, technology | business, technology | The bill was put on hold on Wednesday | Tap to know more |
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System User | Shares below ₹100: Only buyers seen in these stocks on July 18 | On Thursday, benchmark indices ended positively. Sensex surged by 0.78% to hit new all-time high at 81,343.46 level, while Nifty soared by 0.76% to close at a record high of 24,800.85 level. These low-priced stocks were locked in the upper circuit today - Mahanagar Telephone Nigam, Tata Teleservices (Maharashtra), Cindrella Hotels Ltd, Paramount Cosmetics (India) Ltd and Samyak International Ltd. | https://www.dsij.in/dsijarticledetail/shares-below-rs-100-only-buyers-were-seen-in-these-stocks-on-july-18-39902?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Dalal Street Investment Journal | https://shrts.in/N5CHM | 2024-07-18T12:10:38.000Z | 800 | business, FINANCE | null | Tap to know more | Tap to know more |
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System User | Bharat Bijlee’s net profit falls by 52%; hits 10% lower circuit | Bharat Bijlee Limited a leading electrical engineering company in India manufacturing transformers and electric motors saw its share price drop 10% lower circuit to ₹4,760 after net profits fell 52% in Q1FY25. Quarterly revenue decreased 34% QoQ to ₹384.76 Crore. YoY revenue declined 15%, and net profits fell 8% to ₹23.93 Crore. | https://tradebrains.in/features/smallcap-stock-hits-10-lower-circuit-after-companys-net-profits-falls-by-52/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trade Brains | https://shrts.in/MnN8N | 2024-07-18T12:00:23.000Z | 800 | business | null | Tap to know more | Tap here |
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System User | Former Goldman analyst sentenced to 28 months for insider trading | Anthony Viggiano, a former Goldman Sachs and Blackstone analyst, was sentenced to 28 months in prison for insider trading. Viggiano admitted to sharing tips on corporate mergers, resulting in over $400,000 in illegal profits. Judge Valerie Caproni handed down the sentence, emphasizing Viggiano's significant culpability in the scheme. | https://www.breezyscroll.com/world/new-york-former-goldman-analyst-sentenced-to-28-months-for-insider-trading/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | BreezyScroll | https://shrts.in/XTsDb | 2024-07-18T11:57:53.000Z | 800 | business | null | Tap to know more | Tap here |
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System User | Power Mech received order worth ₹209.50 Crore from Hindustan Zinc | Power Mech Projects Limited, an engineering and construction company saw its share price surge 2.2% to ₹6,084.45 on Thursday after securing a ₹209.50 Crore order from Hindustan Zinc Limited for the maintenance and operation of a 3x91.5 MW CPP in Chittorgarh which is to be completed over 48 months. | https://tradebrains.in/features/small-cap-stock-jumps-after-receiving-an-order-worth-209-50-cr-from-hindustan-zinc/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trade Brains | https://shrts.in/cTajj | 2024-07-18T11:50:06.000Z | 800 | business | null | Tap to know more | Tap here |
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System User | Sensex, Nifty hit record highs on IT stock buying spree | The Indian benchmark indices on Thursday saw a sharp rally over renewed buying in IT stocks, ending up for the fourth straight session while touching a new all-time high. At the closing bell, the Sensex was up 626 points or 0.78 per cent at 81,343, and the Nifty was up 187.80 points or 0.76 per cent at 24,800. | https://investmentguruindia.com/newsdetail/sensex-nifty-touch-all-time-record-highs-amid-renewed-it-stock-buying533954?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Investment Guru India | https://shrts.in/1UVDo | 2024-07-18T11:14:56.000Z | 800 | business | null | Tap to know more | Tap Here |
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System User | SJ Logistics bags ₹52 cr logistics contract in power sector | SJ Logistics has secured a ₹52 crore contract to manage end-to-end logistics for a transmission & distribution company over 8 months. The NSE-SME listed company specialises in freight forwarding, transportation, warehousing, NVOCC, and customs clearance. Established in 2003, SJ Logistics offers customised, cost-effective solutions, operating under asset-light business model. | https://www.logisticsandscm.com/logistics/sj-logistics-bags-rs-52-cr-logistics-contract-in-power-sector?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Logistics And Scm | https://shrts.in/7LjaT | 2024-07-18T10:57:13.000Z | 800 | business, national | null | Tap to know more | Tap here to read more |
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System User | Bigbasket unveils SaaS-based supply chain platform BB Matrix | Bigbasket, a TATA Enterprise, has launched BB Matrix, an all-in-one SaaS-based supply chain platform offering global enterprises complete visibility across their supply chains. BB Matrix enables real-time updates, tracks bottlenecks, and facilitates data-backed decisions for resilient supply chains. This launch meets the rising demand for SCM software, projected to grow to USD 62 billion by 2028. | https://www.logisticsandscm.com/technology/bigbasket-unveils-saas-based-supply-chain-platform-bb-matrix?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Logistics And Scm | https://shrts.in/iEgkX | 2024-07-18T10:50:44.000Z | 800 | business, national | null | Tap to know more | Tap here to read more |
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Ankush Verma | Infosys to hire 15,000-20,000 freshers | Infosys CFO Jayesh Sanghrajka has said that the company will hire 15,000-20,000 freshers in this fiscal year. ""This will be a combination of both on-campus and off-campus,"" Sanghrajka added. Infosys saw a decline of 1,908 employees in the first quarter of 2024-25, according to a Business Standard report. | https://www.ndtvprofit.com/quarterly-earnings/infosys-q1-fy25-results-2024-profit-revenue-guidance-live-updates?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | NDTV Profit | https://shrts.in/ykNwC | 2024-07-18T14:20:34.000Z | 800 | business, technology | business, technology | 'India business is doing well' | CEO Salil Parekh said |
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Ankush Verma | Gold prices rise for the 6th straight day | Gold price surged for the sixth straight day on fresh domestic demand. The precious metal jumped by ₹700 to ₹76,400 per 10 grams in the national capital. Gold prices rose on account of sustained buying by local jewellers, the All India Sarafa Association said, adding that weakness in the rupee also aided the rally in the yellow metal. | https://repository.inshorts.com/articles/en/PTI/d484f1df-7167-4e0b-873e-ddc0f2b545da?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | PTI | https://shrts.in/KutXA | 2024-07-18T14:15:54.000Z | 800 | business | business | Rupee depreciated by 6 paise against US dollar | Tap to know more |
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Mansi Agarwal | Why did Hindustan Aeronautics shares fall 10% in two sessions? | Shares of Hindustan Aeronautics Limited (HAL) fell 5.8% on Thursday, extending their losses from Tuesday's trading session wherein they dipped over 3%. This comes after a note earlier this month by brokerage firm InCred cited valuation concerns within the defence stocks and in stocks like HAL. The note also compared the revenue growth expectations of HAL with Dassault Aviation. | https://www.cnbctv18.com/market/hindustan-aeronautics-share-price-hal-down-record-high-valuation-retail-buys-mfs-fpis-sell-19444727.htm/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | CNBC-TV18 | https://shrts.in/gr5sq | 2024-07-18T13:52:19.000Z | 600 | EXPLAINERS, business, FINANCE | business, FINANCE | HAL's shares are currently priced at ₹5015.4 | Tap to know more |
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Mansi Agarwal | Tata Tech's profit dips 15% to ₹162 cr in Q1, revenue at ₹1,268 cr | Tata Technologies' net profit declined 15% from ₹191 crore in Q1 FY24 to ₹162 crore in Q1 FY25. On a sequential basis, the profit rose 3.1%. Revenue from operations stood at ₹1,268 crore in Q1, slightly up from ₹1,257 crore in the same period a year ago. Shares of the company closed 0.54% lower at ₹1,009.75 on Thursday. | https://www.moneycontrol.com/news/business/earnings/tata-technologies-q1-results-net-profit-down-15-at-rs-162-03-crore-12772142.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Moneycontrol | https://shrts.in/o2zHC | 2024-07-18T12:43:25.000Z | 600 | business, technology | business, technology | 'Overall market conditions remain favourable' | CEO Warren Harris said |
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Mansi Agarwal | Infosys' profit jumps 7% to ₹6,374 cr in Q1, revenue at ₹39,315 cr | Infosys reported a profit of ₹6,374 crore in the quarter ended June, up over 7% from ₹5,945 crore in the same period a year ago. However, on a sequential basis, the profit was down 20%. Revenue from operations jumped to ₹39,315 crore. The company's workforce dipped by 1,908 employees in Q1, marking the sixth consecutive quarter of headcount decline. | https://www.ndtvprofit.com/quarterly-earnings/infosys-q1-fy25-results-2024-profit-revenue-guidance-live-updates?src=p1&utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | NDTV Profit | https://shrts.in/cSQNj | 2024-07-18T11:20:28.000Z | 600 | business, technology | business, technology | Revenue guidance raised to 3-4% for FY25 | Tap to know more |
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Debaroti Adhikary | MTNL stock jumps 20% as govt deposits ₹92 crore to pay bond dues | Shares of MTNL jumped 20% to hit a multi-year high at ₹64.08 on NSE. This comes after the government deposited ₹92 crore to clear immediate bond interest dues of the state-owned telecom service provider. Earlier in July, MTNL said it had insufficient funds for the payment of semi-annual interest on the series VIII-A bonds, due on July 20. | https://www.moneycontrol.com/news/business/markets/mtnl-stock-skyrockets-19-to-multi-year-high-as-govt-deposits-rs-92-crore-to-pay-bond-interest-dues-12771796.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Moneycontrol | https://shrts.in/MSDLY | 2024-07-18T11:16:50.000Z | 600 | business, FINANCE | business, FINANCE | MTNL shares had opened at ₹54.84 on Thursday | They had closed at ₹53.4 on Wednesday |
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System User | LIC gains ₹88 crore in one day from this multibagger penny stock | Mahanagar Telephone Nigam Ltd (MTNL) stock jumped 20% and also made a new 52-week high of ₹64 per share with a spurt in volume by more than 3 times on BSE. LIC owns 8.26 crore shares or 13.12% stake in the company. LIC’s portfolio gained ₹88,03,28,542 (8,26,59,957 shares x 10.65 per share) in just 1 day. | https://www.dsij.in/dsijarticledetail/articleid/39899/artmid/10163/preview/true?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Dalal Street Investment Journal | https://shrts.in/eooZn | 2024-07-18T10:29:21.000Z | 800 | business, FINANCE | null | Tap to know more | Tap to know more |
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System User | Penny stocks locked in the upper circuit on July 18 | In today's trading session, Sensex is trading up by 0.10%, while Nifty50 slightly gained by 0.01%. In the broader markets, Nifty Mid-Cap has dipped 1.29%, while Nifty Small-Cap is down by 1.05%. These penny stock are locked in the upper circuit - Inventure Growth & Securities, Khoobsurat Ltd, Padmalaya Telefilms, Shivansh Finserve and Ekam Leasing and Finance Ltd. | https://www.dsij.in/dsijarticledetail/articleid/39901/artmid/10163/preview/true?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Dalal Street Investment Journal | https://shrts.in/ZCnfd | 2024-07-18T10:03:24.000Z | 800 | business, FINANCE | null | Tap to know more | Tap to read more |
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System User | Sterling and Wilson net profits increased by 100% YoY; jumps 3.5% | Sterling and Wilson Renewable Energy shares rose by 3.5% after reporting a 100% increase in net profit and a 77% rise in revenue in Q1 FY25. Revenue grew from ₹522 Cr in Q1 FY24 to ₹927 crores and net loss turned into a profit of ₹0.69 Cr year-on-year. Sterling offers EPC services for utility-scale solar power projects, & more. | https://tradebrains.in/features/reliance-group-stock-jumps-3-5-after-its-net-profits-increased-by-100-yoy/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trade Brains | https://shrts.in/NEano | 2024-07-18T09:33:57.000Z | 800 | business | null | Tap to know more | Tap here |
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System User | KEC receives order for transmission and distribution projects | KEC International Ltd's shares rose by 6% after securing new orders worth ₹1,100 crore for transmission and distribution projects. The orders include a 765 kV transmission line and GIS substation in India, a 132 kV line in the UAE, and supplies to Australia and America. KEC International is a global infrastructure Engineering, Procurement, and Construction (EPC) major. | https://tradebrains.in/features/infra-stock-jumps-6-after-receiving-order-worth-1100-cr-for-transmission-distribution-projects/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trade Brains | https://shrts.in/J4Xv5 | 2024-07-18T09:08:10.000Z | 800 | business | null | Tap to know more | Tap here |
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Pragya Swastik | What are some dos & don'ts for traders to avoid big losses on Budget day? | Traders should always keep a backup trading account, have hedged positions to counter intraday volatility and ensure all legs of strategy are executed properly, Sharekhan's Jatin Gedia advised ahead of Budget. Avoid counter-trend positions, go for trading index options due to ample liquidity and understand the impact of announcements related to a particular sector before making trades, he added. | https://www.moneycontrol.com/news/business/markets/dos-and-donts-for-traders-to-protect-from-big-losses-on-budget-day-12771768.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Moneycontrol | https://shrts.in/4AUpT | 2024-07-18T11:12:21.000Z | 800 | EXPLAINERS, business, FINANCE, UNION_BUDGET | business, FINANCE | 'Don't risk entire capital on particular trade' | There will be ample trading opportunities: Gedia |
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Debaroti Adhikary | Gujarat, TN invite Tesla's part makers to lure automaker: Report | A number of Indian states including Gujarat and Tamil Nadu are in talks to bring Tesla's component makers, believing that ""Tesla would be more likely to go where its supplier ecosystem is"", Economic Times reported. Tesla's three component suppliers were in Gujarat for site visits recently and two European suppliers are looking to expand operations in Tamil Nadu, report added. | https://www.hindustantimes.com/business/states-like-gujarat-and-tamil-nadu-invite-teslas-component-suppliers-to-eventually-lure-tesla-report-101721293579453-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Hindustan Times | https://shrts.in/P2oco | 2024-07-18T11:02:43.000Z | 600 | automobile, business | business, automobile | Musk had postponed his visit to India in April | Tap to know more |
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Mansi Agarwal | Record $15 bn raised in block trades in India this year: Report | Block trades in India raised a record $15 billion so far this year, up 150% from the same period in 2023, as per Bloomberg data. Vodafone Group's $1.8 billion stake sale in Indus Towers and British American Tobacco's $2 billion stake sale in ITC were among the major block trades. Additionally, over $5 billion has been raised through IPOs. | https://www.ndtvprofit.com/bloomberg/india-block-trades-led-by-global-firms-reach-record-15-billion?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | NDTV Profit | https://shrts.in/gCoUn | 2024-07-18T10:49:52.000Z | 600 | business | business | Vodafone sold 18% Indus stake in June | Tap to know more |
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Debaroti Adhikary | Jefferies predicts Muthoot, Manappuram shares to rise 21% | Amid rise in global prices of gold, brokerage firm Jefferies recommended investors to buy shares of Muthoot Finance and Manappuram Finance, saying each of them can rise around 21%. The brokerage initiated coverage on the two firms with a 'buy' call, and a target price of ₹2,200 for Muthoot Finance and ₹270 for Manappuram Finance. | https://www.ndtvprofit.com/markets/muthoot-manappuram-finance-see-jefferies-initiate-buy-on-better-gold-price-leverage?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | NDTV Profit | https://shrts.in/FyZSV | 2024-07-18T10:34:58.000Z | 600 | business, FINANCE | business, FINANCE | Muthoot Finance shares closed at ₹1,846 on Thurs | Manappuram Finance shares closed at ₹228 |
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Debaroti Adhikary | Ensuring contracts are followed: Rishad after Wipro sued ex-execs | Wipro is ensuring that the contracts it signs with its employees are followed, said Chairman Rishad Premji. Addressing shareholders at the company's 78th AGM, Premji added, ""That philosophy hasn't changed and will not change going forward as well."" This comes after Wipro sued former executives like Jatin Dalal for joining rival Cognizant days after leaving the firm. | https://www.moneycontrol.com/technology/wipro-particular-in-ensuring-contractual-obligations-are-followed-chairman-rishad-premji-article-12771778.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Moneycontrol | https://shrts.in/NZbVg | 2024-07-18T09:57:53.000Z | 600 | business, technology | business, technology | Wipro alleged they broke non-compete clause | Jatin Dalal has reached a settlement with Wipro |
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System User | Innovators Facade received order worth ₹45 Crore; share jumps 5% | Innovators Facade Systems Limited engaged in the business of designing, engineering, fabricating, supplying, and installation of facade systems jumped 5% in the day’s trade upon receiving a new work order worth ₹45 Crores from K. Raheja Corp Private Limited for its Tower B- Modern Mill project, for the Design, Development, Supply, Fabrication, and Installation of Fagade Window Works. | https://tradebrains.in/features/vijay-kedia-stock-jumps-5-after-receiving-order-worth-45-cr/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trade Brains | https://shrts.in/Dvy5W | 2024-07-18T08:44:01.000Z | 800 | business | null | Tap to know more | Tap here |
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System User | Google announces launch of AI-driven tool for Indian agriculture | At the Google I/O Connect Bengaluru 2024, Jeanine Banks, Vice President and General Manager of Developer X at Google, announced the upcoming launch of the Agricultural Landscape Understanding (ALU) Research API. This innovative tool aims to enhance agricultural practices by making them more data-driven and efficient. | https://krishijagran.com/news/google-to-transform-indian-agriculture-with-data-driven-tool-enhances-focus-on-indian-language-solutions/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Krishi Jagran | https://shrts.in/UEJEk | 2024-07-18T08:40:52.000Z | 800 | business, FINANCE, national, technology | null | Tap to know more | Tap to read more |
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System User | Rupee flat as oil firm dollar bids limit gains despite US bond dip | The Indian rupee was nearly unchanged on Thursday as dollar demand from local oil companies offset positive cues from a decline in U.S. bond yields and on broad weakness in the dollar. Rupee at 83.5925 vs USD at 10:45 AM IST, up from 83.5825 on Tuesday. Most Asian currencies were slightly weaker—the Indonesian rupiah was down 0.3%, leading to losses. | https://investmentguruindia.com/newsdetail/rupee-flat-dollar-bids-from-oil-firms-cap-gains-amid-us-bond-yield-dip302400?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Investment Guru India | https://shrts.in/NnNv9 | 2024-07-18T08:40:48.000Z | 800 | business | null | Tap to know more | Tap Here |
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System User | K2 Infragen received orders from North Western Railway | K2 Infragen Limited an integrated engineering, procurement, and construction (EPC) company hit a 5% upper circuit in the day’s trade upon receiving a new work order worth ₹33.41 crores from North Western Railway for the design, supply, erection, testing, and commissioning of high-rise Overhead Equipment (OHE) for the Rewari-Kathuwas doubling project. | https://tradebrains.in/features/infra-stock-hits-5-upper-circuit-after-receiving-orders-worth-34-cr-from-north-western-railway/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trade Brains | https://shrts.in/VmJHN | 2024-07-18T08:37:36.000Z | 800 | business | null | Tap to know more | Tap here |
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System User | Bondada Engineering received order from two different entities | Shares of Bondada Engineering Limited surged 1.06% to ₹2,799, after securing two work orders totalling ₹64.2 crore. Pace Digitek Infra Private Limited awarded ₹5.24 crore order for 40-meter Ground Based Towers to be delivered in Assam. KPI Green Energy Limited awarded a ₹59 crore order for BOS Items & Services for EPC projects across locations in Gujarat. | https://tradebrains.in/features/stock-jumps-after-company-received-work-order-worth-64-2-cr-from-two-different-entities/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trade Brains | https://shrts.in/6tPJS | 2024-07-18T08:11:44.000Z | 800 | business | null | Tap to know more | Tap here |
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Mansi Agarwal | M&M, HUL among stocks that may gain from Budget, says JM Financial | JM Financial said the Budget is likely to strike a balance between fiscal deficit, capex for growth and social spending. Shares of Mahindra and Mahindra (M&M), Hero MotoCorp and Tata Motors are among those in the automobile sector that could gain from the Budget, as per JM Financial. FMCG stocks like Hindustan Unilever Limited (HUL) and Nestle could also benefit. | https://www.hindustantimes.com/budget/budget-2024-these-stocks-and-sectors-may-gain-from-nirmala-sitharamans-announcements-101721282410268-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Hindustan Times | https://shrts.in/Gzyd8 | 2024-07-18T09:40:09.000Z | 600 | automobile, business, FINANCE, UNION_BUDGET | business, FINANCE, automobile | BEL, IRCON also recommended by JM Financial | Tap to read the full list |
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Pragya Swastik | WazirX crypto exchange suffers massive hack, funds worth ₹1,965 cr reportedly moved | Indian crypto exchange WazirX suffered a massive security breach. Web3 security firm Cyvers said WazirX suffered ""multiple suspicious transactions involving Safe Multisig wallet on Ethereum network"" following which ""$234.9 million (around ₹1,965 crore) funds have been moved to a new address"". Confirming the breach, WazirX posted on X, ""INR and crypto withdrawals will be temporarily paused"". | https://www.republicworld.com/business/cryptocurrency/wazirx-crypto-exchange-hacked-funds-worth-234-million-transferred-report?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Republic World | https://shrts.in/nVGJD | 2024-07-18T09:28:12.000Z | 1,000 | business, FINANCE, technology | business, FINANCE, technology | 'We identified 2 more exploited smart contracts' | WazirX said in an update |
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System User | Frequent flyers face pulmonary embolism risk? | Over the past two years, the doctors at Sahyadri Hospitals in Pune inform to have observed a rise in pulmonary embolism cases associated with long-haul international travel. Dr Kaurabhi Zade, Interventional Radiologist at Sahyadri Hospitals explains that flights longer than four hours can triple the risk of blood clotting due to cramped seating, dehydration, and lower cabin oxygen levels. | https://www.healthcareradius.in/awareness-and-promotion/frequent-flyers-face-pulmonary-embolism-risk?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Healthcare Radius | https://shrts.in/4vtrv | 2024-07-18T09:20:13.000Z | 800 | business, Health___Fitness, national, travel | null | Tap to know more | Tap here |
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Ankush Verma | How do Indians' weekly working hours compare with other countries? | The average weekly working hours for Indians stand at 46.7, as per International Labour Organization. The average weekly working hours in US, China, Germany and Japan are 38, 46.1, 34.2 and 36.6, respectively. The number is 35.9 in UK, 35.9 in France, 39 in Brazil, 36.3 in Italy and 32.1 in Canada. | https://www.cnbctv18.com/webstories/world/india-leads-in-work-hours-among-top-ten-global-economies-20602.htm?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | cnbctv18.com | https://shrts.in/TA1W7 | 2024-07-18T09:15:24.000Z | 800 | business, national | national, business | India has highest work hrs among major economies | Tap to know more |
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System User | Ahasolar Technologies received an order worth ₹8 Cr from GC&EMS | Shares of Ahasolar Technologies Ltd opened higher at ₹385.55 on Thursday, rising to a 5% upper circuit at ₹388.35 following a significant announcement. The company secured a ₹8 crore contract to develop a Unified Single Window Portal on SaaS Mode from Goa Costal and Environment Management Society (GC&EMS). | https://tradebrains.in/features/microcap-stock-hits-5-upper-circuit-after-receiving-an-order-worth-8-cr-from-gcems/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trade Brains | https://shrts.in/MMkjY | 2024-07-18T08:02:33.000Z | 800 | business | null | Tap to know more | Tap here |
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System User | Techno Electric’s board approves raising ₹1,250 crore via QIP | Shares of Techno Electric & Engineering Company surged 3.4% to ₹27.07 on Thursday, after the company’s Fund Raising Committee approved the raising of funds through qualified institutional placement (QIP) up to an aggregate amount of ₹1,250 crore. The approved floor price for the QIP is set at ₹1,506.58 per equity share, offering a discount of 5%. | https://tradebrains.in/features/infra-stock-jumps-3-after-companys-board-approved-to-raise-1250-cr-via-qip/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trade Brains | https://shrts.in/D7Nmc | 2024-07-18T07:51:46.000Z | 800 | business | null | Tap to know more | Tap here |
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System User | India's talent management industry explores new growth avenues | India's talent management industry is witnessing a transformative phase with key investments & strategic acquisitions. Zerodha's Nikhil Kamath invested in CAN, while CAN acquired Terribly Tiny Tales. CAN's impressive financial growth reflects the evolving business landscape. Legacy & new-age firms can learn from CAN's journey, emphasising adaptability & innovation in managing talent in India. | https://www.thecore.in/business/how-indias-talent-management-industry-is-pursuing-new-growth-avenues-575494?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | The Core | https://shrts.in/7xDci | 2024-07-18T07:40:57.000Z | 800 | business, entertainment | null | Tap to know more | Read more |
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System User | Remedium Lifecare stock hits 20% upper circuit with heavy volume | Shares of Remedium Lifecare Ltd hit 20% upper circuit to ₹19.22 per share from its previous closing of ₹16.02. The stock’s 52-week high is ₹44.92 and its 52-week low is ₹14.63. The company's shares saw a spurt in volume by more than 3 times. Earlier, the company's board proposed a bonus share issue in a ratio of 3:1 | https://www.dsij.in/dsijarticledetail/articleid/39897/artmid/10163/preview/true?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Dalal Street Investment Journal | https://shrts.in/rDtCv | 2024-07-18T07:23:53.000Z | 800 | business, FINANCE | null | Tap to know more | Tap to know more |
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System User | Rupee weakens against US dollar on Thursday | Indian rupee weakened against the US dollar on Thursday due to profit-taking in domestic equities and elevated crude oil prices. The partially convertible rupee is trading at 83.59, down 1 paise from its previous close of 83.58 on Tuesday, with a high of 83.61 and a low of 83.5575. | https://investmentguruindia.com/newsdetail/rupee-weakens-against-us-dollar-on-thursday215542?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Investment Guru India | https://shrts.in/wKhxp | 2024-07-18T07:16:37.000Z | 800 | business | null | Tap to know more | Tap Here |
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System User | ESR leases 48,000 sqft industrial space in Navi Mumbai to UPM | ESR Group has leased 48,800 sqft of industrial real estate in Navi Mumbai to UPM Raflatac, a sustainable labeling solutions provider. This space in ESR Taloja Industrial & Logistics Park will help UPM streamline operations and serve its growing customer base in India. The park's strategic location near JNPT port will enhance UPM's efficiency and sustainability goals. | https://www.logisticsandscm.com/warehouse/esr-leases-48000-sqft-industrial-space-in-navi-mumbai-to-upm?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Logistics And Scm | https://shrts.in/KE4nz | 2024-07-18T07:14:44.000Z | 800 | business, national | null | Tap to know more | Tap here to read more |
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Debaroti Adhikary | Sensex crosses 81,000 for the first time ever | BSE Sensex rose over 400 points on Thursday to cross 81,000 for the first time in history. Its rally was driven by top gaining stocks including TCS, Bajaj Finserv, Infosys and others. This comes days after Sensex crossed 80,000 for the first time ever on July 3. Nifty also hit a fresh all-time high of 24,700 on Thursday. | https://x.com/CNBCTV18Live/status/1813844176942792746?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | CNBC-TV18 | https://shrts.in/aptyV | 2024-07-18T08:10:54.000Z | 800 | business | business | Sensex hit an intra-day high of 81,203.26 | It had opened at 80,514.25 |
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Pragya Swastik | India generated $588 billion in record new financial wealth in 2023 | India generated $588 billion in new financial wealth in 2023, its largest increase in history, according to BCG Global Wealth Report 2024. ""We expect India to add $730 billion annually to the growth of Asia-Pacific region through 2028,"" it added. Growth in the Asia-Pacific region was only 5.1% in 2023, primarily due to a slowdown in wealth creation in China. | https://www.news18.com/amp/business/economy/bcg-global-wealth-report-2024-india-financial-wealth-china-economy-8969896.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | News18 | https://shrts.in/GqxWg | 2024-07-18T07:50:20.000Z | 800 | business, FINANCE | business, FINANCE | 'Global net wealth had notable recovery in 2023' | It grew by 4.3% post difficult year of 2022: BCG |
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Subhangi Singh | Industry leaders need not panic: K'taka Minister on job quota bill | After the Karnataka government faced backlash over their bill proposing reservation for locals in private sector jobs, Karnataka Minister MB Patil assured industry leaders that they ""need not panic"". ""Bill is withheld until further consultations...The government is committed to further creation of jobs, and furthermore for Kannadigas, however in a more amicable manner,"" Patil wrote in an X post. | https://www.news18.com/amp/india/karnataka-puts-on-hold-bill-mandating-quota-for-locals-in-private-sector-amid-backlash-8969528.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | News18 | https://shrts.in/c2by5 | 2024-07-18T07:45:34.000Z | 800 | business, national | national, business | Nasscom raised concerns over the bill | Tap to know more |
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Debaroti Adhikary | IREDA shares fall 20% in 2 days as PhillipCapital predicts 60% dip | Shares of Indian Renewable Energy Development Agency (IREDA) fell around 7.5% on Thursday, extending their losses from Tuesday's session. The stock has so far fallen 20% in two sessions after hitting an all-time high of ₹310 on Monday. This comes after domestic brokerage PhillipCapital gave a 'sell' tag to the stock, predicting a downside potential of about 60%. | https://www.cnbctv18.com/market/ireda-share-price-correction-down-20-percent-from-peak-buy-sell-record-high-downside-target-19444756.htm/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | CNBC-TV18 | https://shrts.in/kbz7Z | 2024-07-18T07:32:43.000Z | 600 | business, FINANCE | business, FINANCE | IREDA shares hit a low of ₹251.85 on Thursday | Markets were closed on Wednesday due to Muharram |
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Debaroti Adhikary | How to be safe from train ticket refund scam as per IRCTC? | IRCTC has warned about a ticket refund scam and has asked users not to believe Google Ads claiming to help people with refunds. ""IRCTC never asks for personal banking info or to install remote control apps,"" government said in an X post. It added that IRCTC never calls and asks for OTP, PAN number, date of birth or more. | https://tech.hindustantimes.com/tech/news/irctc-issues-warning-over-ticket-refund-scams-heres-how-you-can-stay-safe-71721257360732.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Hindustan Times | https://shrts.in/BDUiD | 2024-07-18T07:31:48.000Z | 600 | EXPLAINERS, business, national, technology | technology, business | 'Report cybercrime to govt's official website' | The X post added |
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Pragya Swastik | What is 'Trump trade' & what does it mean for investors? | 'Trump trade' is the shift in market and investor behaviours due to the economic and political moves associated with Donald Trump's potential reelection. US investors are placing bets on stocks, bonds, currencies and assets like crypto that might benefit from Trump's reelection. They're leaning towards small caps, energy shares and are less interested in big technology stocks, Reuters reported. | https://www.reuters.com/world/us/investors-ride-trump-trade-expectations-grow-second-term-2024-07-17/?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Reuters | https://shrts.in/5SxT7 | 2024-07-18T07:11:53.000Z | 800 | EXPLAINERS, world, business, FINANCE | world, business, FINANCE | Nvidia, TSMC stocks fell after Trump's remark | ""Taiwan should pay for US defence,"" said Trump |
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System User | FICCI predicts 7% GDP growth for India in 2024-25 | The Federation of Indian Chambers of Commerce & Industry (FICCI) forecasts a 7.0% annual GDP growth for 2024-25. Agriculture is expected to grow by 3.7%, with industry and services at 6.7% and 7.4% respectively. Inflation is projected at 4.5%. A repo rate cut is anticipated in the latter half of the fiscal year. | https://www.thehawk.in/posts/ficci-forecasts-7.0pc-annual-gdp-growth-for-india-in-2024-25?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | The Hawk | https://shrts.in/WKoRk | 2024-07-18T06:53:03.000Z | 800 | business, national | null | Tap to know more | Tap to read more |
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System User | Lotus Chocolate reports 4,700% YoY increase in net profits | Shares of Lotus Chocolate Company Ltd, a Reliance group company, opened at ₹735.75, hitting a 5% upper circuit following strong Q1FY25 results. Quarterly revenue surged by 115% to ₹141.31 crore, while net profits rose 697% to ₹9.40 crore compared to the previous quarter. Year-on-year, revenue grew 337%, and net profits skyrocketed by 4,700%. | https://tradebrains.in/features/mukesh-ambani-stock-hits-5-upper-circuit-after-reporting-4700-yoy-increase-in-net-profits/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trade Brains | https://shrts.in/w5pEx | 2024-07-18T06:40:24.000Z | 800 | business | null | Tap to know more | Tap here |
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System User | Global cues weak as tech stocks slide and oil prices fluctuate | Global markets are showing weakness due to excess funds driving Indian stocks and concerns over high valuations in tech stocks like Nvidia, Apple, and Tesla. U.S. stock futures slid as tech shares fell. Crude prices fluctuate amid U.S.-China trade tensions, while gold hits a new high on hopes of Federal Reserve rate cuts and geopolitical uncertainties boosting demand. | https://www.thecore.in/podcasts/global-cues-weak-going-into-thursday-trade-575626?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | The Core | https://shrts.in/c1BVV | 2024-07-18T06:23:35.000Z | 800 | business, FINANCE | null | Tap to know more | Read more |
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System User | Solex Energy receives order for smart solar street light system | Solex Energy Ltd secured a ₹3.06 crore contract for a 5-year comprehensive maintenance and remote monitoring system for smart solar street lights from the District Panchayat Raj Officer, Aurangabad. Solex's shares opened higher at ₹1,548.95 and quickly hit a 5% upper circuit at ₹1,576 following the announcement of the contract. | https://tradebrains.in/features/green-energy-stock-hits-5-upper-circuit-after-receiving-order-for-smart-solar-street-light-system/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trade Brains | https://shrts.in/Z5jcC | 2024-07-18T06:02:33.000Z | 800 | business | null | Tap to know more | Tap here |
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Debaroti Adhikary | IDBI Bank shares rise 6% as RBI approves bidders for privatisation | Shares of IDBI Bank rose around 6% on Thursday after RBI issued a 'fit and proper' report on bidders for privatisation. Central government holds a 45.5% stake in IDBI Bank, second to LIC who is the largest shareholder at over 49%. The privatisation plan includes selling 60.7% stake of the bank, including the government's 30.5% stake and LIC's 30.2% stake. | https://www.hindustantimes.com/business/idbi-bank-stock-gains-6-after-rbi-approves-bidders-for-privatisation-101721280823845-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Hindustan Times | https://shrts.in/Jk82a | 2024-07-18T06:46:24.000Z | 600 | business, FINANCE | business, FINANCE | IDBI Bank shares hit an intra-day high of ₹94 | They had closed at ₹87.92 on Wednesday |
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System User | Master Components receives purchase order from automotive company | Shares of Master Components Limited surged 4.7% to ₹329 on Thursday, after receiving a continuous purchase order from an Indian Automotive company, amounting to nearly ₹3.2 crore per annum. The order is for the supply of plastic moulded parts to be manufactured at the plant located in Nashik, with deliveries scheduled according to the customer's specified timelines. | https://tradebrains.in/features/microcap-stock-jumps-4-after-receiving-purchase-order-from-automotive-company/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trade Brains | https://shrts.in/oWg8G | 2024-07-18T05:38:25.000Z | 800 | business | null | Tap to know more | Tap here |
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Debaroti Adhikary | I believe in 'Hire fast, fire fast', many disagree: Ashneer Grover | Ashneer Grover in a recent podcast said he doesn't believe in lengthy hiring processes but in 'Hire fast, fire fast' rule. ""A lot of people don't agree with this,"" he said. ""I think the best thing to do is...decide you need a candidate in a week-15 days, you get him in fast. Judge him on his work faster,"" he added. | https://www.hindustantimes.com/business/ashneer-grover-says-he-dislikes-lengthy-onboarding-notice-periods-hire-fast-fire-fast-101721277120187-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Hindustan Times | https://shrts.in/K7y4k | 2024-07-18T05:21:40.000Z | 600 | business, startup | business, startup | 'Simple to understand who works, who does not' | Tap to know what more Grover said |
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Debaroti Adhikary | Nazara shares fall 5% as subsidiaries get ₹1,120-crore GST notice | Shares of Nazara Technologies dropped over 5% on Thursday after two of its subsidiaries received GST notices totalling ₹1,120 crore. The shares hit an intra-day low of ₹845.65 on Thursday. The two subsidiaries, Openplay Technologies and Halaplay Technologies, received the notices ""in relation to calculation of GST based on the sums pooled by players as opposed to gross gaming revenues"". | https://www.moneycontrol.com/news/business/markets/nazara-technologies-plunges-5-as-subsidiaries-face-rs-1120-crore-gst-liability-notices-12771623.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Moneycontrol | https://shrts.in/BnAFZ | 2024-07-18T05:17:07.000Z | 600 | business, FINANCE | FINANCE, business | Nazara shares had closed at ₹923.20 on Wed | Tap to know more |
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System User | Karnataka farmer harvests 100 kg rambutan and mangosteen per tree | Lohith Shetty bought saplings of rambutan and mangosteen from Kerala and planted them on his farm in Dakshin Kannada district in 2006 after sensing a high demand for exotic fruits in the Indian market. Now these trees yield around 100 kg of fruits per season and wholesalers buy them from the farm at ₹350 a kg and above. | https://30stades.com/farming/karnatakas-millionaire-farmer-harvests-100-kg-rambutan-and-mangosteen-per-tree-sells-at-rs350-per-kg-6156829?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | 30 Stades | https://shrts.in/61yPj | 2024-07-18T05:05:23.000Z | 800 | miscellaneous, business | null | Tap to know more | Tap to read more |
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System User | Top 3 stocks that witnessed heavy demand from buyers | At the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 202.3 points or 0.25%. On the sectoral front, metals soared by 0.27%, power jumped 0.19% and auto rose 0.05%. Meanwhile, Just Dial Ltd, Kec International and Kaveri Seed Company emerged as the top gainers of BSE in the pre-opening session today. | https://www.dsij.in/dsijarticledetail/articleid/39893/artmid/10163/preview/true?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Dalal Street Investment Journal | https://shrts.in/eyzF5 | 2024-07-18T04:51:53.000Z | 800 | business, FINANCE | null | Tap to know more | Tap to know more |
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System User | Power Minister urges DVC to raise growth funds via equity market | Union Power Minister Manohar Lal Khattar reviewed DVC's performance and suggested exploring the equity market to raise funds for future growth. During the meeting held at the DVC headquarters, the Minister also discussed the operational challenges and financial issues faced by the corporation. | https://investmentguruindia.com/newsdetail/power-minister-asks-dvc-to-explore-equity-market-route-to-raise-funds-for-growth610157?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Investment Guru India | https://shrts.in/ma7WT | 2024-07-18T04:08:34.000Z | 800 | business | null | Tap to know more | Tap Here |
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System User | Vietnam's economic growth in 2024 forecast on upward trend | The Vietnamese economy is forecast to grow at 6.3 percent in 2024 and 6.5 percent in 2025, said the ASEAN+3 Macroeconomic Research Office in its latest update. Vietnam's 2024 growth rate, now forecasted at 6.3%, is 0.3 percentage points higher than April's 6% estimate, making it the highest among ASEAN countries, reported a Vietnam News Agency. | https://investmentguruindia.com/newsdetail/vietnam-s-economic-growth-in-2024-forecast-on-upward-trend799220?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Investment Guru India | https://shrts.in/AZ9vq | 2024-07-18T04:06:00.000Z | 800 | business | null | Tap to know more | Tap Here |
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System User | Yen spikes as spectre of intervention spooks investors | On Thursday, Japan's yen hit a six-week high amid speculation of official intervention. Meanwhile, the dollar remained weak as markets anticipated upcoming U.S. rate cuts. The euro held near $1.094 after reaching a four-month high, while sterling steadied at $1.3007, slightly below its recent one-year peak. | https://investmentguruindia.com/newsdetail/yen-spikes-as-spectre-of-intervention-spooks-investors845567?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Investment Guru India | https://shrts.in/fkc5s | 2024-07-18T03:37:10.000Z | 800 | business | null | Tap to know more | Tap Here |
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System User | Oil prices rise on bigger-than-expected drop in US crude stocks | Oil prices ticked higher on Thursday, buoyed by a bigger-than-expected weekly decline in US crude stocks. Brent futures rose 13 cents, or 0.2%, to $85.21 a barrel by 00.23 GMT, while US West Texas Intermediate (WTI) crude rose 31 cents, or 0.4%, to $83.16. Brent climbed 1.6% on Wednesday, and WTI rose 2.6%. | https://investmentguruindia.com/newsdetail/oil-prices-rise-on-bigger-than-expected-drop-in-us-crude-stocks563748?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Investment Guru India | https://shrts.in/LSRWx | 2024-07-18T03:32:31.000Z | 800 | business | null | Tap to know more | Tap Here |
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Debaroti Adhikary | Mutual Funds targeting upcoming QIPs of PNB, other PSBs: Report | Large mutual fund houses are in talks to participate in upcoming Qualified Institutional Placements (QIPs) of five state-owned banks, including Punjab National Bank (PNB), Union Bank of India and Bank of Maharashtra, Moneycontrol reported. ""Talks are on with large insurance companies too,"" the report quoted a banker as saying. QIP allows listed companies to sell some shares to raise capital. | https://www.moneycontrol.com/news/business/banks/mfs-expected-to-do-the-heavy-lifting-in-upcoming-qips-of-public-sector-banks-12771466.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Moneycontrol | https://shrts.in/72XJv | 2024-07-18T04:36:49.000Z | 600 | business, FINANCE | business, FINANCE | 'The PSBs aim to raise ₹28,000 crore via QIPs' | QIPs to be launched in 6-9 months: Report |
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Pragya Swastik | World's top chipmakers' stocks see worst fall since 2020 | The world's largest technology chipmakers from the US to Europe and Asia saw their stocks plunge as concern about tighter US restrictions on chip sales to China spurred a selloff. Nvidia, AMD and Broadcom pulled the semiconductor gauge down 7%, the biggest slide since 2020. ASML Holding tumbled over 10%. Tokyo Electron led losses in the Nikkei 225 Stock Average. | https://www.ndtvprofit.com/markets/stock-market-today-dow-s-p-live-updates-239?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | NDTV Profit | https://shrts.in/66ghh | 2024-07-18T04:12:51.000Z | 800 | business, FINANCE, technology | technology, business, FINANCE | Tech-heavy Nasdaq 100 saw worst day since 2022 | The S&P 500 fell 1.4% on Wednesday |
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Debaroti Adhikary | Air India offers retirement to ground staff before Vistara merger | Air India has rolled out a voluntary retirement scheme (VRS) for its non-flying permanent staff ahead of the merger with Vistara. This would mark the third time Air India launched a VRS for its permanent employees since its privatisation in 2022. According to a report, the current VRS is open to employees who have completed five years of service. | https://www.hindustantimes.com/business/vistara-merger-air-india-rolls-out-voluntary-retirement-for-non-flying-staff-101721270407376-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Hindustan Times | https://shrts.in/ScjV5 | 2024-07-18T03:53:33.000Z | 600 | business | business | It also launched voluntary separation scheme | Tap to know more |
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Debaroti Adhikary | Swiggy, Zomato may soon hike platform fee more to ₹10-15: Report | Swiggy and Zomato may soon increase their platform fee to ₹10-15 per order, Business Standard reported citing restaurants listed on the food delivery majors. This comes after the firms hiked their platform fee to ₹6 per order in key markets like Bengaluru and Delhi. ""The platform fee is definitely going to increase further,"" a source cited by the report said. | https://www.hindustantimes.com/business/swiggy-zomato-may-soon-hike-platform-fee-more-to-rs-1015-101721271023098-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Hindustan Times | https://shrts.in/aDYUp | 2024-07-18T03:30:59.000Z | 600 | business, startup | startup, business | 'Platform fee hike in line with global markets' | Tap to know what more the report said |
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System User | Indian shares seen flat | Indian shares are set to open little changed on Thursday, while focus will be on the quarterly earnings of LTIMindtree and Asian Paints. The GIFT Nifty was at 24,650 points as of 8:16 am IST, suggesting that the NSE Nifty 50 will open near its close of 24,613 on Tuesday. Indian financial markets were closed on Wednesday for a holiday. | https://investmentguruindia.com/newsdetail/indian-shares-seen-flat-ltimindtree-asian-paints-in-focus697289?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Investment Guru India | https://shrts.in/Wo58p | 2024-07-18T03:21:32.000Z | 800 | business | null | Tap to know more | Tap Here |
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System User | Gold shines on rising Fed rate-cut outlook | Gold prices edged higher on Thursday, trading not too far away from a record high scaled in the previous session, as rising anticipation of a US interest rate cut in September boosted demand. Spot gold rose 0.1% to $2,461.27 per ounce, as of 02.18 GMT. Prices hit all-time high of $2,483.60 on Wednesday. US gold futures added 0.2% to $2,465.00. | https://investmentguruindia.com/newsdetail/gold-shines-on-rising-fed-rate-cut-outlook603710?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Investment Guru India | https://shrts.in/Yextq | 2024-07-18T03:20:05.000Z | 800 | business | null | Tap to know more | Tap Here |
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Debaroti Adhikary | Nvidia, TSMC stocks fall as Trump says 'Taiwan should pay US for defence' | US chip stocks like Nvidia and TSMC dropped more than 4% on Wednesday after US Presidential candidate Donald Trump said, ""Taiwan should pay US for its defense."" Trump had said, ""Taiwan doesn't give us anything...It did take about 100% of our chip business."" Shares of other chip stocks like ASML, AMD, Qualcomm, Micron Technology, Broadcom and Arm Holdings also fell. | https://theprint.in/tech/chip-stocks-tumble-on-fears-of-tighter-china-curbs-trumps-taiwan-comments/2178768/?amp=&utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | The Print | https://shrts.in/1KKf3 | 2024-07-18T03:10:51.000Z | 600 | business, technology | business, technology | Taiwan is home to world's biggest chip makers | ASML Holding shares fell as much as 9% |
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Arshiya Chopra | RIP Bengaluru tech scene: Company founder on K'taka's 'private jobs quota for locals' bill | A company founder in Bengaluru has expressed displeasure over Karnataka government's bill proposing reservation for locals in private sector jobs, which has now been put on hold. ""We're already bleeding talent to Hyderabad and Pune...This is handing them our workforce gift-wrapped...Now I am eyeing Chennai...RIP Bangalore tech scene, 1990-2024,"" the founder said. Nasscom also criticised the bill. | https://www.moneycontrol.com/news/trends/bengaluru-tech-scene-founder-eyes-chennai-after-karnataka-cabinet-approves-job-quota-for-locals-12771377.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Moneycontrol | https://shrts.in/zW9iM | 2024-07-18T02:00:14.000Z | 800 | business, startup, national | business, national | The state govt is reviewing the bill | Tap to know more |
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Mansi Agarwal | Warner Bros Discovery to lay off 1,000 employees: Reports | Warner Bros Discovery is firing roughly 1,000 employees in another round of layoffs, as per reports. The layoffs will reportedly affect employees across multiple departments including business affairs and production, with finance being the most affected. This comes a week after around 100 employees were laid off at Warner Bros Discovery-owned news network CNN. | https://www.latestly.com/technology/warner-bros-discovery-layoffs-us-based-entertainment-company-to-lay-off-around-1000-employees-as-part-of-cost-cutting-efforts-6115931.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts#google_vignette | LatestLY | https://shrts.in/Eqzjm | 2024-07-17T17:42:50.000Z | 800 | business | business | 'Layoffs to also affect streamer Max' | Tap to know what more the reports said |
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Mansi Agarwal | Andhra welcomes you: Nara Lokesh to IT firms amid K'taka job quota row | Andhra Pradesh Minister Nara Lokesh said the state is ""ready to welcome"" IT companies after Karnataka proposed a bill to reserve jobs for locals in the private sector. ""We'll offer you...the most suitable skilled talent...with no restrictions from the government,"" he stated. His remarks come after trade association Nasscom said it was ""deeply disturbing"" to see the bill. | https://www.news18.com/amp/politics/karnataka-quota-kannadiga-siddaramaiah-nasscom-andhra-pradesh-nara-lokesh-relocate-it-firms-vizag-latest-news-8969421.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | News18 | https://shrts.in/r2hv1 | 2024-07-17T17:37:55.000Z | 600 | business, national, technology | business, national, technology | 'Expand or relocate to Visakhapatnam' | Tap to read what more Nara Lokesh said |
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Mansi Agarwal | Ray-Ban maker EssilorLuxottica to buy Supreme for $1.5 billion | French-Italian eyewear maker EssilorLuxottica has entered into a deal to acquire streetwear brand Supreme from VF Corporation for $1.5 billion in cash. This is the first acquisition of an apparel company by EssilorLuxottica, which owns brands like Ray-Ban and Oakley. Vans and The North Face owner VF Corporation bought Supreme for $2.1 billion in 2020. | https://www.reuters.com/markets/deals/essilorluxottica-buy-supreme-heidelberg-engineering-2024-07-17/?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Reuters | https://shrts.in/ZNeRG | 2024-07-17T17:26:45.000Z | 600 | business, fashion | business, fashion | The deal is expected to close this year | Tap to know more |
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Arshiya Chopra | Bill mandating quota for locals in private jobs put on hold by K'taka govt after backlash | The Karnataka government has put on hold the bill mandating reservations for locals in the private sector after backlash from the industry. ""This will be reviewed and decided in the coming days,"" Karnataka CMO said. Earlier, National Association of Software and Service Companies (Nasscom) criticised the bill, stating it could force companies to relocate as local skilled talent becomes scarce. | https://x.com/ANI/status/1813594434346561558?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | ANI News | https://shrts.in/xyW4E | 2024-07-17T15:44:00.000Z | 1,000 | business, national | national, business | It's deeply disturbing: Nasscom | Tap to know more |
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Mansi Agarwal | I missed adding Indian defence stocks to my portfolio: Chris Wood | Jefferies' Global Equity Strategist Chris Wood said he heard about India's defence sector stocks about three years ago but missed adding them to his portfolio. The problem in Indian equity markets is ""what not to own"", he stated. There might be an opportunity to add defence stocks if Russia-Ukraine conflict gets resolved and defence stocks see some correction, he added. | https://www.hindustantimes.com/business/want-to-add-defence-stocks-in-your-portfolio-before-budget-heres-when-to-buy-them-101721202885427-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Hindustan Times | https://shrts.in/zAGYt | 2024-07-17T15:31:54.000Z | 600 | business, FINANCE | business, FINANCE | 'Contract manufacturing another emerging area' | Tap to read what more he said |
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Arshiya Chopra | Pic shows plastic bottle, garbage on international Air India flight floor | A picture showing discarded plastic bottle and garbage strewn across the floor of a Singapore-bound Air India flight has surfaced online. Several people reacted to the post, with a social media user saying, ""Zero civic sense."" ""Airlines should fine such passengers on spot,"" another user commented on the picture. | https://www.freepressjournal.in/amp/india/kuch-bhi-karlo-hum-nahi-sudhrenge-x-user-shares-pic-of-discarded-bottle-wrappers-on-singapore-bound-air-india-flight?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Free Press Journal | https://shrts.in/8W351 | 2024-07-17T15:17:13.000Z | 800 | business, national | business, national | 'Will people tolerate this in their house?' | Tap to read what more people said |
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Mansi Agarwal | No takers for 18 lakh jobs in financial services sector: FPSB India CEO | Financial Planning Standards Board (FPSB) India CEO Krishan Mishra said there were no takers for roughly 18 lakh jobs in India's financial services sector last year as per government data. ""Jobs are there, but people aren't capable enough to take them up,"" he said. ""Banks, insurance companies...and mutual fund companies are always in need of trained people,"" he added. | https://repository.inshorts.com/articles/en/PTI/69eab851-f965-4c00-a10c-0d708d4f56ef?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | PTI | https://shrts.in/icDxu | 2024-07-17T15:13:21.000Z | 800 | business | business | 'India has 2,731 certified financial planners' | Will need 1 lakh by 2030: Mishra |
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System User | From slums to billionaire, Dubai’s real estate tycoon shares story | Recently, on The Humans of Bombay podcast, Dubai's real estate tycoon Rizwan Sajan was seen talking about his journey from the slums of Mumbai to becoming one of the top 7 entrepreneurs in the UAE. From global trends in real estate to tips for entrepreneurs, he shared useful tips for aspiring entrepreneurs. | https://youtu.be/2O6DwfNiPWE?si=f5hCTWWGBcQwjxuz&utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Humans Of Bombay | https://shrts.in/RpC58 | 2024-07-17T13:55:04.000Z | 800 | business, startup | null | Tap to know more | Tap here to watch the interview! |
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Ankush Verma | Man posts pics of worms in Amul Protein Buttermilk package, company responds | Amul has responded after a man posted pictures and several videos of worms in a package of Amul Protein Buttermilk on social media platform X. ""Call received from Amul Head Office, Gujarat. They are sorry for the incident...as per them...this happened because of delay from their logistics team/partner...they are taking this incident very seriously,"" the man said in another tweet. | https://www.freepressjournal.in/amp/viral/stop-buying-products-from-amul-customer-finds-worms-inside-high-protein-buttermilk-ordered-online-shares-post-video?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Free Press Journal | https://shrts.in/No1xA | 2024-07-17T13:28:36.000Z | 600 | business, national | national, business | 'Buttermilk was already rotten' | The man added |
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System User | PwC likely to lay off 50% China Financial Services Audit employees | PwC is reportedly planning to lay off up to 50% of its audit staff in the China financial services division. As per reports, the decision comes amid scrutiny from Chinese regulators, particularly due to PwC's auditing work for China Evergrande Group, which has led to the loss of significant clients. | https://www.latestly.com/world/pwc-layoffs-uk-based-fintech-consulting-firm-to-lay-off-50-china-financial-services-audit-employees-says-report-6117369.html?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Latestly | https://shrts.in/9nzTH | 2024-07-17T13:19:12.000Z | 800 | business | null | Tap to know more | Tap Here To Read More |
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Nakul Ahuja | Open to price hike if inflation increases, says Asian Paints CEO | Asain Paints CEO Amit Syngle has said that the company will be open to hiking prices should inflation rise further. ""We are anticipating inflation of 1.5% in the upcoming quarter,"" he said. Syngle stated Asian Paints' prices are based on their own margins and not the prices of competitors, adding that their prices are at a premium due to elasticity. | https://www.moneycontrol.com/news/business/earnings/asian-paints-ceo-amit-syngle-price-hike-12771295.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Moneycontrol | https://shrts.in/XXpYi | 2024-07-17T13:17:52.000Z | 600 | business | business | For more details | Tap here |
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System User | Ashneer Grover stunned by YouTuber Ishan Sharma's monthly earnings | In a viral video from his YouTube podcast, Ishan Sharma revealed that he earns around ₹35 lakh monthly, surprising business veterans Ashneer Grover and Sanjeev Bikhchandani. Grover exclaimed, ""Tu ₹35 lakh kamata hai mahine mein? (You earn ₹35 lakh in a month?)"" Bikhchandani asked Sharma his age to which the latter replied that he is 22 years old. | https://www.freepressjournal.in/business/tu-35-lakh-kamata-hai-kya-mahine-me-ashneer-grover-reacts-to-youtuber-ishan-sharmas-earnings?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Free Press Journal | https://shrts.in/j44by | 2024-07-17T12:31:03.000Z | 800 | business | null | Tap to know more | Tap to read more |
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Mansi Agarwal | Nazara Tech subsidiaries receive ₹1,120-crore GST notice | Nazara Technologies on Wednesday said two of its subsidiaries received GST notices totalling ₹1,120 crore. The notices received by Openplay Technologies and Halaplay Technologies ""are in relation to calculation of GST based on the sums pooled by players as opposed to gross gaming revenues"", the firm said. Other gaming firms have also received similar GST notices over the past year. | https://www.moneycontrol.com/news/business/companies/nazara-tech-subsidiaries-receive-rs-1120-cr-gst-demand-notice-12771076.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Moneycontrol | https://shrts.in/AALWm | 2024-07-17T12:55:24.000Z | 600 | business, technology | business, technology | 'Both subsidiaries are reviewing the notices' | Nazara Technologies said |
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Shreyasi Banerjee | It's deeply disturbing, bill will drive away companies: Nasscom on K'taka jobs quota | Trade association National Association of Software and Service Companies (Nasscom) on Wednesday raised concerns over the Karnataka Bill on 100% private sector employment reservation for Kannadigas in 'C and D' grade posts. ""It's deeply disturbing to see this kind of Bill,"" it said. ""The restrictions could force companies to relocate as local skilled talent becomes scarce,"" it added. | https://www.news18.com/amp/business/economy/karnatakas-100-jobs-quota-bill-nasscom-raises-concerns-says-it-will-hurt-growth-force-companies-to-relocate-8969034.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | News18 | https://shrts.in/ecQ1P | 2024-07-17T11:45:22.000Z | 800 | business, national | national, business | 'Nasscom members are seriously concerned' | Tap to know what more Nasscom said |
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