On Monday, November 11, shares of Aarti Industries, the Aarti Group’s main firm, fell 10% to ₹427 per share, reaching a 4-year low. This drop came after the company’s terrible September quarter performance when a steep increase in operating costs and poor energy segment performance caused net profit and EBITDA to hit multi-quarter lows. In […]
Aarti Industries shares tumble 9% as Q2 PAT falls 43% YoY Read More »
Donald Trump promised to lower Social Security taxes during his campaign, but recipients might not realise the full cost of this change. Trump defeated Democratic opponent Kamala Harris in a close race to become the 47th president of the United States during this week’s elections. During a rally in July, he declared that he would
Goodbye to taxes on Social Security benefits with new government plan Read More »
ITI Ltd.’s shares jumped 9% to an intraday high of Rs 291 on the BSE today on the company’s announcement that it had been selected as the L1 bidder for the Rs 3,022 crore Middle Mile Network BharatNet project. In the Andaman & Nicobar Islands, West Bengal, and Himachal Pradesh, the business has been the
ITI Ltd shares zoom 9% after emerging as L1 bidder for Rs 3,000 crore project Read More »
Depending on how next week’s presidential election turns out, a new administration will take office in the White House early next year, and one of the first issues it will encounter is Social Security. Social Security has been largely ignored despite an impending funding cliff that could lead to benefits cuts within the next decade,
Changes to Social Security after Election Day: Know More Here Read More »
Data breaches have become all too common, leaving people unprotected and frantically seeking compensation or protection. Paycom, a well-known supplier of payroll and HR software, experienced a serious hack in 2023 when a flaw in the secure file transfer service MOVEit Transfer exposed customer information. Numerous clients’ identities were stolen due to this breach, which
Direct payment of $4,200 by Paycom to its customers for this settlement Read More »
On November 6, 2024, Swiggy Limited’s first public offering (IPO) debuted on the Indian primary market. The Swiggy IPO will continue to accept bids until November 8, 2024. Accordingly, Swiggy’s IPO subscription will be available Wednesday through Friday of this week. The Swiggy IPO pricing range has been set by the online food delivery service
Everything You Must Know About The Swiggy IPO: Date, Price, GMP, Review, & More Read More »
Beijing was on the defensive and unsure how to react when Donald Trump initiated a trade war with China in 2018. Despite losing more, President Xi Jinping is more equipped to battle this time. Trump has threatened to impose up to 60% tariffs on Chinese imports, a figure that Bloomberg Economics claims could severely harm
On Wednesday, 6 November, Power Grid Corporation, the biggest electric power transmission firm and a Maharatna Central Public Sector Undertaking (CPSU), revealed lower-than-expected results for the second quarter of fiscal year 2025 (Q2 FY25). In comparison to the ₹11,267 crore reported for the same period the previous year, the company’s consolidated revenue for Q2 FY25
Power Grid shares in focus after reporting muted Q2 results Read More »
The International Finance Corporation (IFC) has partnered with Bajaj Finance to provide a $400 million loan to the company in order to support women-owned microenterprises and women micro-borrowers, as well as to increase access to climate finance for electric vehicles (EVs) and energy-efficient consumer goods. This is a component of the $1 billion debt-raising plan
Bajaj Fin gets $400 million IFC loan for EV lending Read More »
After US markets surged to all-time highs as investors braced for a second Donald Trump presidency, Japanese shares led gains in Asian equities. After declining on Wednesday, the yen steadied in early Asian trading. While benchmark indices in South Korea and Australia slightly declined, those in Japan rose for a third day, mirroring the advances
Japan leads gain in Asian stocks after Trump’s win Read More »
