Manhattan prosecutors detailed Donald Trump's alleged role in covering up sex scandals during the 2016 election, with witness testimonies revealing the extent of the cover-up. Trump's defense maintains his innocence and Republican nomination status amidst the legal battle.
Elon Musk said Tuesday his social media platform X will appeal against an Australian injunction forcing it to take down videos of a church stabbing in Sydney. Video of the bloody attack, which spread widely on social media platforms, has been blamed by Australian authorities for feeding tensions in the community.
Pavna Industries partnered with OLA Electric for auto components supply in the domestic EV sector, emphasizing entry into the two-wheeler electric vehicle segment. Shares of Pavna Group closed at Rs 561.40 on BSE.
Happy Tuesday! The government is working with SBI Card and telecom companies to tackle the menace of OTP-based online payment frauds. More on this in today’s ETtech Morning Dispatch.
The allotment for qualified institutional buyers (QIBs) was subscribed 19.3 times, of which 82% bids came from foreign institutional investors (FIIs). The non-institutional investor (NII) portion got bids for 4.5 times the shares set aside for them. The retail segment was fully subscribed. The offer had opened on April 18. The FPO is part of a broader ₹45,000 crore funding programme that's key to the company's survival.
The US State Department released its annual Country Reports on Human Rights Practices and highlighted Israel, underscoring concerns over human rights abuses in Gaza.
Aaron LaBerge leaving Disney for Penn Entertainment, effective July 1. Family reasons cited. Collaboration with Penn on ESPN BET. Chris Lawson interim tech exec at Disney. Search on for LaBerge's replacement."}
"This week, the US will be releasing GDP and core PCE data which will provide direction to the market while stock specific actions will be seen as we progress into the earnings season," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
Shares of Tata Consumer, ICICI Pru, Tata Elxsi, M&M Finance, 360 One Wam, MCX and Cyient DLM will be in focus as the companies will announce their fourth quarter results today.
The fund house, the seventh largest in the 43-member strong mutual fund industry, has fallen out of investors' favour of late on account of weak performances by its equity schemes and changes in the core team including key fund managers.
"Despite the opinion poll data making the 390-400 target look almost certain, we believe the gain of seats in low penetration states may not significantly exceed the loss in others," said Bernstein's analysts Venugopal Garre and Nikhil Arela in a client note.
Here's a look at some of the latest stock recommendations by analysts. These stocks are expected to return between 18% and 59% as per analysts’ price targets.
Sources told ET Ather Energy is also in the final stages of plans to raise $75-90 million (about Rs 750 crore) in primary funding from existing investors. This underscores increasing investor interest in the company and the mobility segment. The company is also approaching new investors.
Indian IT giants are on a European shopping spree, snapping up companies at a rapid clip. Europe's booming tech sector, outpacing North America, has fueled over a dozen acquisitions since the pandemic.
The Centre is trying a solution that will allow banks to track the registered address as well as geolocation of a customer and where an OTP is getting delivered. In case of any discrepancy between the two locations, the customer can be alerted of a possible phishing attack.
The two sides are seeking to reach an agreement in about a month, the people said, asking not to be identified discussing private information. MUFG has been working on the purchase of a 20% stake in HDB Financial Services, Bloomberg News reported on April 12.
Based on meetings with six players focused on the T&D space and analysis of 12 players' commentaries, the brokerage said the pipeline of projects approved by the Central Electricity Authority of India (CEA) stands robust for next 2-3 years and is likely to be positive for most players in the value chain for the next 4-5 years. "Increase in market shares may result in 15-20% growth in T&D or energy segment inflows and revenues.
According to data provided by UAE-based Cbonds, the total aggregate issuance of rupee eurobonds was at $2.54 billion in the first four months 2024, higher than $2 billion for the whole of 2023. Eurobonds are securities denominated in currencies that are different from the national currencies of the countries in which issuance takes place.
RJ Corp runs PepsiCo’s second-largest bottler outside the US, Varun Beverages (VBL), as well as Devyani International (DIL), which is the operator of KFC, Pizza Hut and Costa Coffee outlets in India. Both companies, named after the founder’s children, Varun and Devyani, are listed. The group is also involved in healthcare and education.
PNGRB reduced the tariffs to ₹18.1/mmbtu (million British Thermal Unit), from the earlier price of ₹34/mmbtu. GSPL had asked a revision of price to ₹50.8/mmbtu to the board, which was not approved.
The stock gave a break down from 1,900-2,000 levels in September 2023 and since then it has seen a timewise and price-wise correction. It found support above 1,600 levels. The garment stock finally broke out from the range as it closed above 2,000 levels. It closed at Rs 2,011 on April 19, 2023. It rallied over 6% in a week.
'The Watchers' follows Mina, a young artist whose life is upended when she becomes stranded in a mysterious forest. She soon discovers she is trapped with strangers facing an unknown threat. As she struggles to survive and discern friend from foe, the film builds tension around the enigmatic creatures lurking nearby.
Italian Prime Video's 'Prisma' Season 2 teaser hints at Andrea and Daniele's evolving relationship, promising a heartfelt continuation. The season premieres on June 6, building on Season 1's complex narrative.
