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Jana Small Finance Bank Those offering shares in the OFS are Client Rosehill Ltd, CVCIGP II Employee Rosehill Ltd, Global Impact Funds, S.C.A., SICAR, Sub-Fund Global Financial Inclusion Fund, Growth Partnership II Ajay Tandon Co-Investment Trust, Growth Partnership II Siva Shankar Co-Investment Trust, and Hero Enterprise Partner Ventures. | Jana Small Finance Bank's OFS includes shares from Client Rosehill Ltd, CVCIGP II Employee Rosehill Ltd, and other investors. |
G, Founder of Equinomics. | G, the founder of Equinomics, is an expert in the field of economics. |
The price of 22-carat gold fell Rs 600 to Rs 53,900.The price of ten grams of 24-carat gold in Mumbai is at par with the prices in Kolkata and Hyderabad at Rs 58,800.The price of ten grams of 24-carat gold in Delhi, Bengaluru, and Chennai is Rs 58,950, Rs 58,800, and Rs 59,020, respectively. The price of ten grams of 22-carat gold in Mumbai is at par with that of gold in Kolkata and Hyderabad, at Rs 53,900.The price of ten grams of 22-carat gold in Delhi, Bengaluru, and Chennai is Rs 54,050, Rs 53,900, and Rs 54,100, respectively. | The price of 22-carat gold fell by Rs 600 to Rs 53,900, while the price of 24-carat gold remained stable at Rs 58,800 in Mumbai, Kolkata, and Hyderabad. In Delhi, Bengaluru, and Chennai, the price of 24-carat gold was slightly higher, ranging from Rs 58,950 to Rs 59,020, and the price of 22-carat gold was also higher, ranging from Rs 54,050 to Rs 54,100. |
Investing.com U.K. equities were lower at the close on Thursday, as losses in the Automobiles & Parts, Banking and Household Goods & Home Construction sectors propelled shares lower. | U.K. equities declined on Thursday, led by losses in the Automobiles & Parts, Banking, and Household Goods & Home Construction sectors. |
EPC contract scope includes engineering, manufacturing, supply, erection and commissioning of equipment such as boilers, turbines, generators, balance of plants and others. | EPC contracts encompass the entire lifecycle of power plant equipment, from design and manufacturing to installation and commissioning. |
QUEBEC - Globex Mining Enterprises Inc. has successfully concluded an agreement with Infini Resources Limited for the Des Herbiers uranium project located in Quebec. | Globex Mining Enterprises Inc. has successfully concluded an agreement with Infini Resources Limited for the Des Herbiers uranium project located in Quebec. |
His engagement with Dimon represents a significant moment for Ukraine as it seeks to bolster its economy and secure international aid for its rebuilding efforts. DAVOS - Ukrainian President Volodymyr Zelenskiy is scheduled to meet with JPMorgan Chase & Co NYSE JPM CEO Jamie Dimon during the upcoming World Economic Forum in Davos. | Ukrainian President Volodymyr Zelenskiy will meet with JPMorgan Chase CEO Jamie Dimon at the World Economic Forum in Davos to discuss Ukraine's economic recovery and international aid. |
The French chemical company joined other strategic investors, including Stellantis NYSE STLA Ventures and MBDA, in Tiamat's recent €22 million funding round. | French chemical company, along with Stellantis Ventures and MBDA, invested €22 million in Tiamat's recent funding round. |
Capella Minerals is actively engaged in the acquisition, exploration, and development of mineral resource properties, focusing on European base and battery metals. The company is also involved in several other projects across Finland and maintains interests in precious metals projects in Canada and Argentina. | Capella Minerals focuses on acquiring, exploring, and developing mineral resource properties, primarily in Europe, with a focus on base and battery metals. The company also has interests in precious metals projects in Canada and Argentina. |
Maruti Suzuki India, on the other hand, reported its highest ever monthly sales in September 2023 at 181,343 units, up about 3 per cent YoY.Prime Minister Narendra Modi will address a public meeting in Jagdalpur city in poll bound Chhattisgarh today, and will dedicate to the nation and lay foundation stones of several projects worth Rs 26,000 crore, including the NMDC's steel plant. | Maruti Suzuki India reported its highest monthly sales in September 2023 at 181,343 units, a 3% increase YoY. Prime Minister Narendra Modi will address a public meeting in Jagdalpur, Chhattisgarh, and dedicate projects worth Rs 26,000 crore, including the NMDC's steel plant. |
The Adani Group also intends to make deemed distribution investments to power the proposed 1 GW hyperscale data center infrastructure. The MoU was inked in presence of Adani Group Founder & Chairman Gautam Adani and Chief Minister Eknath Shinde at the ongoing World Economic Forum, Davos. | Adani Group plans to invest in a 1 GW hyperscale data center infrastructure in Maharashtra, India, with a deemed distribution investment. The MoU was signed at the World Economic Forum in Davos. |
Gandhinagar, Jan 11 IANS Haryana Chief Minister Manohar Lal Khattar on Thursday held one-on-one discussions with representatives of about 10 major companies from Japan and the US, inviting them to invest in the state. | Haryana CM Manohar Lal Khattar met with representatives of 10 major companies from Japan and the US, inviting them to invest in the state. |
The French chemical company joined other strategic investors, including Stellantis NYSE STLA Ventures and MBDA, in Tiamat's recent €22 million funding round. The investment will support Tiamat's ambition to construct a 5 GWh Giga-factory in France dedicated to sodium-ion battery cell production. Tiamat, established in 2017 and a spin-off from France's CNRS Centre National de la Recherche Scientifique , focuses on the development and commercialization of sodium-ion batteries, an alternative to lithium-ion batteries. The information regarding Arkema's investment in Tiamat is based on a press release statement. COLOMBES, France - Arkema, a global player in specialty materials, has announced its investment in Tiamat, a startup specializing in sodium-ion battery technology. | Arkema, a specialty materials company, invested in Tiamat, a sodium-ion battery startup, to support the construction of a 5 GWh Giga-factory in France. |
The FOMC members reaffirmed a restrictive stance until inflation declines sustainably. The minutes of the Federal Open Market Committee FOMC meeting in December, which was released this week revealed that its members agreed on maintaining a restrictive stance for some time while acknowledging that the rates have peaked. | FOMC members agreed to maintain a restrictive stance until inflation declines sustainably, acknowledging that interest rates have likely peaked. |
Investing.com U.K. equities were lower at the close on Tuesday, as losses in the Fixed Line Telecommunications, Household Goods & Home Construction and Industrial Metals & Mining sectors propelled shares lower. | U.K. equities declined on Tuesday, led by losses in Fixed Line Telecommunications, Household Goods & Home Construction, and Industrial Metals & Mining sectors. |
The expected movement is likely due to expectations of rate cuts by the US Federal Reserve and inflows from foreign investors after the inclusion of government securities in JPMorgan's Emerging Bond Index in June. | The expected movement is likely due to expectations of rate cuts by the US Federal Reserve and inflows from foreign investors after the inclusion of government securities in JPMorgan's Emerging Bond Index in June. |
Overnight, the US market ended flat even as macro-economic data hinted that inflation was trending lower, thus raising bets of a likely sooner-than-expected change in interest rate cycle. US-based Foot Locker has entered into a a long-term licensing agreement with Metro Brands and FSN E-Commerce Ventures, the parent company of Nykaa Fashion, for marketing the former s products in India. The former too seems likely to list at a healthy premium of around 35 per cent, while the latter may see muted introduction, suggests GMP.According to Nuvama Alternative & Quantitative Research these four stocks are expected to draw the highest inflows among domestic stocks on account of the US Federal Retirement Thrift Investment Board s decision to change the benchmark index for gaining international exposure. The US 10-year bond yields dipped to 4.263 per cent. | US market ended flat despite positive inflation data, indicating a potential shift in interest rate cycle. Foot Locker partners with Metro Brands and Nykaa Fashion for India expansion, with Foot Locker expected to list at a premium and Nykaa Fashion facing a muted introduction. Nuvama Alternative & Quantitative Research predicts high inflows for four domestic stocks due to a benchmark index change by the US Federal Retirement Thrift Investment Board. |
NEWARK, N.J. - Prudential Financial, Inc. NYSE NYSE PRU , a leading global financial services firm, has scheduled the release of its fourth quarter 2023 earnings for after the market closes on February 6, 2024. | Prudential Financial, Inc. (PRU) will release its Q4 2023 earnings on February 6, 2024, after market close. |
DETROIT - Artificial Intelligence Technology Solutions, Inc. OTCPK AITX , along with its subsidiary Robotic Assistance Devices, Inc. RAD , has reported a notable increase in its Recurring Monthly Revenue RMR and a reduction in operating expenses in its latest financial results for the quarter ending November 30, 2023. | AITX and RAD reported a significant increase in RMR and a reduction in operating expenses for the quarter ending November 30, 2023. |
Among them, Amit Gupta sold 771,456 shares at Rs 160 per share Urmila Gupta sold 117,250 shares at Rs 193.4 per share Payal Gupta offleaded 985,000 shares at Rs 160 per share and Kishan Lal reduced his stake by 177,500 shares at Rs 193.4 per share. On Thursday, promoters Amit Gupta, Urmila Gupta, Payal Gupta, and Kishan Lal Gupta sold their entire stakes worth 2.05 million shares via bulk deals. | On Thursday, promoters Amit Gupta, Urmila Gupta, Payal Gupta, and Kishan Lal Gupta sold their entire stakes worth 2.05 million shares via bulk deals. Amit Gupta sold 771,456 shares at Rs 160 per share, Urmila Gupta sold 117,250 shares at Rs 193.4 per share, Payal Gupta offloaded 985,000 shares at Rs 160 per share, and Kishan Lal reduced his stake by 177,500 shares at Rs 193.4 per share. |
He said that the delegation s aim is to attract more investment and to achieve collaborations with other business partnersThe delegation includes L.K. Athiq Additional Chief Secretary to the Chief Minister, Ekarup Kaur, Secretary, ITBT, S. Selvakumar, Principal Secretary, Department of Commerce and Industry, Gunjan Krishna, Commissioner of Commerce and Industries, and Mahesh, CEO, Karnataka Industrial Area Development Board KIADB among others.--IANSmka dan Bengaluru, Jan 13 IANS A high-level delegation led by Heavy and Medium Industries Minister M.B. Patil will leave on January 14 to attend the World Economic Forum-2024 annual meet which will be held in Davos, Switzerland from January 15 to 19.Patil said that during the meeting, the delegation will draw the attention of businessmen over to the Karnataka government's business-friendly policies, evolved ecosystem, potential areas for investment, availability of human resources, priority to imbibe skills among students, and efficient single window system. Our government aims to develop Karnataka as the leading manufacturing hub of Asia. | A high-level delegation led by Heavy and Medium Industries Minister M.B. Patil will attend the World Economic Forum-2024 annual meet in Davos, Switzerland from January 15 to 19 to attract more investment and collaborations. The delegation includes L.K. Athiq Additional Chief Secretary to the Chief Minister, Ekarup Kaur, Secretary, ITBT, S. Selvakumar, Principal Secretary, Department of Commerce and Industry, Gunjan Krishna, Commissioner of Commerce and Industries, and Mahesh, CEO, Karnataka Industrial Area Development Board (KIADB) among others. |
During the summit, the Chief Minister had discussions with representatives from Japanese companies, including Jetro, Denso Corporation, Maruti Suzuki, Yamanashi Hydrogen, Air Water Company, Toyotsu Ambika Automotive Safety, JCCII India, and representatives from the US, including Blackstone NYSE BX , UPS Logistics Company, and Microsoft. | During the summit, the Chief Minister held discussions with representatives from Japanese companies like Jetro, Denso Corporation, Maruti Suzuki, and American companies like Blackstone, UPS Logistics Company, and Microsoft. |
Areport, quoting Commtrendz Research Director Gnanasekar Thiagarajan, expects gold to rise to $2,400 in 2024 and if the rupee is stable it could hit Rs 70,000 levels. | Gold is expected to reach $2,400 by 2024, and if the rupee remains stable, it could reach Rs 70,000, according to Commtrendz Research Director Gnanasekar Thiagarajan. |
The IPO process for Citicore is being managed by UBS AG and BDO Capital, two financial firms with extensive experience in guiding companies through the complexities of going public. | Citicore's IPO is being managed by UBS AG and BDO Capital, experienced financial firms guiding companies through the complexities of going public. |
The offerings are being managed by a consortium of banks, including Citigroup Global Markets Inc., Credit Agricole OTC CRARY Securities USA Inc., Deutsche Bank ETR DBKGn Securities Inc., PNC Capital Markets LLC, and RBC Capital Markets, LLC.Energy Transfer owns and operates a vast network of energy assets across the United States. | Energy Transfer, a major energy company, is managing its offerings through a consortium of banks, including Citigroup, Credit Agricole, Deutsche Bank, PNC Capital Markets, and RBC Capital Markets. |
Funding for the program is secured through a US$ 2 million loan from Glencore OTC GLNCY International Ag, with no off-take commitments from Cerro de Pasco on the QT Project. | Glencore International Ag provides a US$ 2 million loan to fund the QT Project, with no off-take commitments from Cerro de Pasco. |
GOTHENBURG - Swedish industrial company SKF announced it will release its full-year financial results for 2023 on January 31, 2024. | SKF, a Swedish industrial company, will release its full-year financial results for 2023 on January 31, 2024. |
Besides the Chief Minister, present for these signing events were Industry Minister Uday Samant, top officials like Bhushan Gagrano, Brijesh Singh, Harshadeep Kamble, Vipin Sharma, Amol Shinde and others. | The signing events were attended by the Chief Minister, Industry Minister Uday Samant, and top officials including Bhushan Gagrano, Brijesh Singh, Harshadeep Kamble, Vipin Sharma, and Amol Shinde. |
The closing of the private placement and related agreements is anticipated to occur on or about January 31, 2024, subject to approval by the TSX Venture Exchange and other customary closing conditions. | The closing of the private placement is expected to occur on or around January 31, 2024, subject to TSX Venture Exchange approval and other customary closing conditions. |
Elsewhere, health insurer UnitedHealth NYSE UNH shares fell 2.5 after the health insurer reported a jump in medical care costs in the fourth quarter, while Tesla NASDAQ TSLA stock fell 1.7 after the EV maker cut prices of some of its new China models, while adding it will suspend most car production at its factory near Berlin. | UnitedHealth shares dropped 2.5% due to increased medical care costs, while Tesla shares fell 1.7% after price cuts on China models and production suspension at its Berlin factory. |
It also manages investments for external parties through its wholly owned portfolio company, MSC Adviser I, LLC, which is registered as an investment adviser. | MSC manages investments for external parties through its subsidiary, MSC Adviser I, LLC, which is registered as an investment adviser. |
This quarter, Hess will not conduct its usual earnings conference call. Hess is widely recognized for its exploration and production of crude oil and natural gas. NEW YORK - Hess Corporation NYSE NYSE HES , an independent global energy company, has announced it will publish its fourth quarter earnings report on January 31. The information for this article is based on a press release statement from Hess Corporation. | Hess Corporation, an independent global energy company, will release its fourth-quarter earnings report on January 31. The company will not hold its usual earnings conference call this quarter. |
The stock of the telecom services provider surpassed its previous high of Rs 15.07 touched on November 20. | The stock of the telecom services provider surpassed its previous high of Rs 15.07, reached on November 20. |
Tesla NASDAQ TSLA stock fell 3.3 after the EV maker cut prices of some of its new China models, while adding it will suspend most car production at its factory near Berlin. | Tesla's stock dropped 3.3% after it reduced prices for some of its new China models and announced a temporary suspension of production at its Berlin factory. |
Australia and South Korea's benchmark indices fell 0.2 per cent and 0.80 per cent, respectively. | Australian and South Korean stock markets declined, with the benchmark indices falling 0.2% and 0.80%, respectively. |
VANCOUVER - Endeavour Silver NYSE EXK Corp. NYSE EXK TSX EDR , a mid-tier precious metals mining company, has announced its consolidated production and cost guidance for 2024, along with its capital and exploration budgets. | Endeavour Silver Corp. has announced its consolidated production and cost guidance for 2024, along with its capital and exploration budgets. |
Detroit-based automaker, Stellantis NYSE STLA announced Friday that the company s corporate venture fund, Stellantis Venture, is participating as a strategic investor in Tiamat. | Stellantis Venture, the corporate venture fund of Detroit-based automaker Stellantis, has invested in Tiamat as a strategic investor. |
The joint venture between Tembo and Francisco Motors taps into a substantial market opportunity, with the potential to electrify over 200,000 existing jeepneys in the Philippines, representing a market value exceeding $10 billion. This news is based on a press release statement and reflects the current business developments between Tembo and Francisco Motors, without speculating on future market trends or the broader industry impact. LONDON - Tembo E-LV BV, a subsidiary of VivoPower International PLC NASDAQ VVPR , has received 1,300 order commitments for the assembly of electric jeepneys through its joint venture with Francisco Motor Corporation in the Philippines. Tembo, as part of VivoPower, specializes in electric utility vehicles for various industries, focusing on safety, reliability, and performance. | Tembo E-LV BV, a subsidiary of VivoPower International PLC, has received 1,300 order commitments for the assembly of electric jeepneys through its joint venture with Francisco Motor Corporation in the Philippines. This joint venture taps into a substantial market opportunity, with the potential to electrify over 200,000 existing jeepneys in the Philippines, representing a market value exceeding $10 billion. |
David Cross, Vice President of Business Development, expressed confidence in the company's solid performance leading to repeat business and the potential for further expansion of client relationships. | David Cross, Vice President of Business Development, expressed confidence in the company's solid performance, which has led to repeat business and the potential for further expansion of client relationships. |
In a meeting with a Japanese parliamentary delegation, Patil said that the government aims to position Karnataka as the premier destination for Electric Vehicle EV manufacturing. Karnataka is home to over 525 Japanese companies operating across industry sectors, with around 70 companies having active manufacturing presence in the state, Patil said. Bengaluru, Jan 10 IANS Assuring that the government would come up with a new clean mobility policy, Large and Medium Industries Minister, MB Patil, on Wednesday invited a Japanese delegation to consider investing in the sector. | Karnataka aims to become the leading destination for EV manufacturing, with over 525 Japanese companies operating in the state, including 70 with active manufacturing presence. The government plans to introduce a new clean mobility policy to attract investments in the sector. |
The price of 22-carat gold fell Rs 600 to Rs 53,900.The price of ten grams of 24-carat gold in Mumbai is at par with the prices in Kolkata and Hyderabad at Rs 58,800.The price of ten grams of 24-carat gold in Delhi, Bengaluru, and Chennai is Rs 58,950, Rs 58,800, and Rs 59,020, respectively. The price of ten grams of 22-carat gold in Mumbai is at par with that of gold in Kolkata and Hyderabad, at Rs 53,900.The price of ten grams of 22-carat gold in Delhi, Bengaluru, and Chennai is Rs 54,050, Rs 53,900, and Rs 54,100, respectively. | The price of 22-carat gold fell by Rs 600 to Rs 53,900, while the price of 24-carat gold remained stable at Rs 58,800 in Mumbai, Kolkata, and Hyderabad. In Delhi, Bengaluru, and Chennai, the price of 24-carat gold ranged from Rs 58,800 to Rs 59,020, and the price of 22-carat gold ranged from Rs 53,900 to Rs 54,100. |
BELLEVUE, Wash. - T-Mobile US, Inc. NASDAQ NASDAQ TMUS has achieved top rankings across all categories in Opensignal's January 2024 Mobile Network Experience Report, according to a recent announcement. | T-Mobile US, Inc. has achieved top rankings across all categories in Opensignal's January 2024 Mobile Network Experience Report. |
Jessica Branning, founder of ClinCloud, emphasized the need for new treatments for agitation in Alzheimer's, a symptom affecting a significant portion of patients. | Jessica Branning, founder of ClinCloud, highlighted the urgent need for novel treatments for agitation in Alzheimer's, a prevalent symptom affecting a substantial number of patients. |
He urged the Union Minister to reconsider the earlier plan of establishing a Pharma City between Hyderabad and Warangal and instead endorse the forthcoming proposal for a Pharma City to be submitted to the Centre. Additionally, he appealed to Goyal to accord greenfield status to the Mega Textile Park in Warangal under the PM Mitra scheme. | The Union Minister was urged to reconsider the earlier plan for a Pharma City between Hyderabad and Warangal and instead endorse the forthcoming proposal for a Pharma City to be submitted to the Centre. Additionally, greenfield status was requested for the Mega Textile Park in Warangal under the PM Mitra scheme. |
Bengaluru, Jan 17 IANS The delegation from Karnataka, headed by Minister for Large and Medium Industries and Infrastructure Development, M.B. Patil, has signed MoUs worth Rs 22,000 crore with Microsoft NASDAQ MSFT and six companies on Day 2 at the World Economic Forum Davos 2024He engaged in a series of deliberations with industry leaders during the meet 2024 in Davos, Switzerland, the official statement said on Wednesday. | Karnataka delegation led by M.B. Patil signed MoUs worth Rs 22,000 crore with Microsoft and six other companies at the World Economic Forum Davos 2024. |
Citizens also noted a lower loan-to-deposit ratio LDR of 82 and a reduction of Federal Home Loan Bank FHLB advances to $3.8B.Bruce Van Saun, Chairman and CEO of Citizens, highlighted the company's strong balance sheet and the successful execution of strategic initiatives aimed at medium-term growth. | Citizens Financial Group reported a lower loan-to-deposit ratio of 82% and a reduction in Federal Home Loan Bank advances to $3.8 billion, indicating a strong balance sheet and strategic initiatives for medium-term growth. |
Tata Steel Ltd NS TISC declined 3.93 or 5.40 points to end at 131.85 and Kotak Mahindra Bank Ltd. NS KTKM shed 3.69 or 68.25 points to 1,779.75.The top performers on the BSE Sensex 30 were HCL Technologies Ltd BO HCLT which rose 1.34 to 1,576.05, LTIMindtree Ltd BO LTIM which was up 0.64 to settle at 6,274.45 and Infosys Ltd BO INFY which gained 0.55 to close at 1,639.90.The worst performers were HDFC Bank Ltd BO HDBK which was down 8.46 to 1,536.90 in late trade, Tata Steel Ltd BO TISC which lost 4.08 to settle at 131.65 and Kotak Mahindra Bank Ltd. BO KTKM which was down 3.66 to 1,779.90 at the close. | Tata Steel and Kotak Mahindra Bank declined significantly, while HCL Technologies, LTIMindtree, and Infosys gained on the BSE Sensex 30. |
Richard F. Gonzalez, CEO of Petro-Victory, expressed confidence in the partnership with Braserv and the potential for the workover program to bring untapped oil resources to the surface, thereby generating cash flow and contributing to shareholder value and energy security. | Petro-Victory CEO Richard F. Gonzalez is optimistic about the partnership with Braserv, believing the workover program will unlock untapped oil resources, boosting cash flow, shareholder value, and energy security. |
BASEL, Switzerland - H.B. Fuller NYSE FUL , a global leader in adhesive technologies, has achieved International Sustainability and Carbon Certification ISCC PLUS for its manufacturing facilities in L neburg and Nienburg, Germany. This process not only reduces CO2 emissions but also has the potential for broader application in textiles and automotive manufacturing. | H.B. Fuller's manufacturing facilities in Lüneburg and Nienburg, Germany, have achieved ISCC PLUS certification for reducing CO2 emissions. |
Investing.com U.K. equities were lower at the close on Tuesday, as losses in the Mining, Fixed Line Telecommunications and Automobiles & Parts sectors propelled shares lower. | U.K. equities declined on Tuesday, led by losses in Mining, Fixed Line Telecommunications, and Automobiles & Parts sectors. |
The founder of Asirvad has retained a stake in the company since February 2015, following the initial investment by Manappuram Finance. Manappuram Finance's stock plummeted 7.5 on the National Stock Exchange NSE and 4.47 on the Bombay Stock Exchange BSE , hitting a daily low of Rs 163.4.The IPO delay represents a setback for Manappuram Finance, which had increased its stake in Asirvad Micro Finance in June 2022, securing a majority holding as part of its broader diversification strategy. Investors are closely monitoring the situation, as the regulatory delay has introduced uncertainty regarding the timing and potential rescheduling of Asirvad Micro Finance's public offering. Asirvad Micro Finance had initially filed for an IPO in October of the previous year, aiming to raise Rs 1,500 crore. MUMBAI - Shares of Manappuram Finance NS MNFL suffered a sharp decline today, following the Securities and Exchange Board of India's SEBI decision to postpone the initial public offering IPO of its subsidiary, Asirvad Micro Finance. | Manappuram Finance's stock fell after SEBI postponed the IPO of its subsidiary, Asirvad Micro Finance, which had filed for an IPO in October 2022 to raise Rs 1,500 crore. The founder of Asirvad has retained a stake in the company since February 2015, following the initial investment by Manappuram Finance. |
Swan Group has presence in textiles, real estate, oil and gas and petrochemicals and shipbuilding. | Swan Group is a diversified conglomerate with operations in textiles, real estate, oil and gas, petrochemicals, and shipbuilding. |
The group is in the process of land acquisition in Guwahati, Lucknow, Coimbatore, Ahmedabad and Jaipur.--IANSvj rad | A group is acquiring land in five Indian cities: Guwahati, Lucknow, Coimbatore, Ahmedabad, and Jaipur. |
Australia and South Korea's benchmark indices fell 0.2 per cent and 0.80 per cent, respectively. | Australian and South Korean stock markets declined, with Australia's benchmark index dropping 0.2% and South Korea's falling 0.80%. |
ReachONE, a social enterprise collaborating with student volunteers, employs our online mentorship platform. | ReachONE, a social enterprise, utilizes an online mentorship platform with student volunteers to provide support and guidance. |
Francisco Motors, established in 1947, is recognized as the original jeepney manufacturer and is headquartered in Manila. | Francisco Motors, founded in 1947 and based in Manila, is renowned as the pioneer jeepney manufacturer. |
The company s strategic assets include over 125,000 miles of pipeline infrastructure, spanning 44 states and encompassing a wide range of energy-related operations. The offerings are being managed by a consortium of banks, including Citigroup Global Markets Inc., Credit Agricole OTC CRARY Securities USA Inc., Deutsche Bank ETR DBKGn Securities Inc., PNC Capital Markets LLC, and RBC Capital Markets, LLC.Energy Transfer owns and operates a vast network of energy assets across the United States. | Energy Transfer owns and operates over 125,000 miles of pipeline infrastructure across 44 states, managed by a consortium of banks including Citigroup, Credit Agricole, Deutsche Bank, PNC Capital Markets, and RBC Capital Markets. |
It will invest in establishment of Telecom network for NTAMC at an estimated cost of Rs 164.38 crore, Western Region expansion scheme at an estimated cost of Rs 115.09 crore and ICT Augmentation at Navsari associated with integration of 7 GW RE power from Khavda RE park at an estimated cost of Rs 109.47.Adani Total Gas, the joint venture of billionaire Gautam Adani's group and French energy giant TotalEnergies, will invest Rs 18,000 crore to Rs 20,000 crore in the next 8 to 10 years to expand infrastructure for retailing CNG to automobiles and piping gas to households and industries, its CFO said. | Adani Total Gas plans to invest Rs 18,000-20,000 crore over the next 8-10 years to expand its CNG and piped gas infrastructure. The company will invest in a Telecom network for NTAMC (Rs 164.38 crore), Western Region expansion (Rs 115.09 crore), and ICT Augmentation at Navsari (Rs 109.47 crore). |
BASEL, Switzerland - H.B. Fuller NYSE FUL , a global leader in adhesive technologies, has achieved International Sustainability and Carbon Certification ISCC PLUS for its manufacturing facilities in L neburg and Nienburg, Germany. Nathalie Ruelle, H.B. Fuller's global quality and sustainability director, stated that the company is continuously seeking ways to offer more sustainable solutions and help its customers achieve their environmental goals. | H.B. Fuller, a global adhesive technology leader, has achieved ISCC PLUS certification for its manufacturing facilities in Lüneburg and Nienburg, Germany, demonstrating its commitment to sustainability. |
Construction is anticipated to start on HPP1 in 2024 with low carbon hydrogen produced at the site by 2027.Richard Holden, HPP1 Project Manager at EET Hydrogen, said, This is the largest low carbon hydrogen project in the UK and one of the most advanced in the world. | HPP1, the largest low carbon hydrogen project in the UK, is expected to begin construction in 2024 and produce hydrogen by 2027. |
HSINCHU, Taiwan - SemiLEDs Corporation NASDAQ LEDS , a global provider of LED chips and components, announced a reduced net loss and improved gross margins in its financial results for the first quarter of fiscal year 2024, which ended on November 30, 2023.The company reported an increase in revenue to $1.6 million for the first quarter, up from $1.5 million in the previous quarter. | SemiLEDs Corporation reported a reduced net loss and improved gross margins in Q1 of fiscal year 2024, with revenue increasing to $1.6 million from $1.5 million in the previous quarter. |
EET will develop the hydrogen hub in phases with the first plant HPP1 at 350MW capacity, the second HPP2 at 1,000MW capacity and an overall target capacity of 4,000MW by 2030. The EET Hydrogen hub will help to secure and grow vital industries, create jobs and unlock billions of pounds of related investment. New Delhi, Jan 11 IANS Cheshire West & Chester Council has approved groundbreaking plans by EET Hydrogen for the first large-scale, low carbon hydrogen production plant HPP1 in the UK located at the Stanlow Manufacturing Complex in Ellesmere Port, Cheshire. Construction is anticipated to start on HPP1 in 2024 with low carbon hydrogen produced at the site by 2027.Richard Holden, HPP1 Project Manager at EET Hydrogen, said, This is the largest low carbon hydrogen project in the UK and one of the most advanced in the world. | EET Hydrogen will develop a hydrogen hub in phases, with the first plant (HPP1) at 350MW capacity, the second (HPP2) at 1,000MW capacity, and an overall target capacity of 4,000MW by 2030. The hub aims to secure vital industries, create jobs, and attract billions of pounds in investment. |
Ambassador Tai noted that this could be considered, as warranted, in relation to the eligibility criteria determined by the US Congress, a joint statement issued on Friday night after the meeting said. | Ambassador Tai discussed the eligibility criteria for the US Congress to consider the possibility of a joint statement. |
BEDFORD, Mass. - Lantheus NASDAQ LNTH Holdings, Inc. NASDAQ LNTH , a leader in the radiopharmaceutical industry, has reported preliminary unaudited financial results for its fiscal year ended December 31, 2023, indicating significant revenue growth. | Lantheus Holdings reported preliminary unaudited financial results for fiscal year 2023, indicating significant revenue growth. |
SANTA CLARA, Calif. - In a move to expand its payment solutions, Shift4 NYSE FOUR , a prominent integrated payments and commerce technology provider, has selected MagicCube's i-Accept as its preferred software-based point of sale softPOS system. MagicCube is recognized as a leader in the Software Defined Trust SDT category with its virtual Trusted Execution Environment vTEE platform. This partnership, announced today, enables Shift4's merchant network to process secure contactless payments directly on Android devices.i-Accept, developed by MagicCube, converts any Android smartphone or tablet into a payment terminal capable of handling Tap-to-Pay transactions, including those requiring a PIN. Sam Shawki, CEO and co-founder of MagicCube, said the company's technology simplifies compliance with payment card industry PCI standards while offering a flexible and consumer-friendly payment option. | Shift4 has partnered with MagicCube to integrate i-Accept, a software-based point of sale system, into its payment solutions. This partnership allows Shift4's merchants to process secure contactless payments directly on Android devices, simplifying PCI compliance and providing a flexible payment option. |
NEWARK, N.J. - Prudential Financial, Inc. NYSE NYSE PRU , a leading global financial services firm, has scheduled the release of its fourth quarter 2023 earnings for after the market closes on February 6, 2024. | Prudential Financial, Inc. (PRU) will release its Q4 2023 earnings on February 6, 2024, after market close. |
Agriculture Minister Narendra Singh Tomar on Tuesday assured that the government was keeping a keen eye on the sowing deficit in paddy and certain pulses, and maintained that there was no cause for concern as the monsoon remains active. | Agriculture Minister Narendra Singh Tomar assured that the government is monitoring the sowing deficit in paddy and pulses, but there is no cause for concern as the monsoon remains active. |
Sanjeev Sharma can be reached at Sanjeev.s ians.in --IANSbiz san dpb | Sanjeev Sharma can be contacted via email at Sanjeev.s@ians.in. |
Last week saw clients as net buyers of US equities, with a continued emphasis on single stocks for the fifth consecutive week, while ETFs faced outflows for the second week. | Last week, clients were net buyers of US equities, with a focus on single stocks for the fifth week in a row. ETFs experienced outflows for the second consecutive week. |
The Board has approved the acquisition of business of Uttaranchal Industries Partnership Firm by way of issuance of 2.3 million preference shares. | The Board has approved the acquisition of Uttaranchal Industries Partnership Firm by issuing 2.3 million preference shares. |
The two telecom operators are also expected to raise mobile tariffs by at least 20 per cent in the September quarter of 2024 to improve their ROI return on capital employed of 5G infrastructure investments and customer acquisition costs, according to industry experts. The other two telecom players Vodafone-Idea and government-owned BSNL are yet to introduce 5G services in the country. | Two telecom operators are expected to raise mobile tariffs by 20% in Q3 2024 to improve ROI on 5G infrastructure investments and customer acquisition costs. |
Global Cyclicals weightage, too, decreased 20bp to 8.2 39 per cent, led by Oil & Gas. | Global Cyclicals weightage decreased by 20 basis points to 8.39%, primarily due to a decline in the Oil & Gas sector. |
The offerings are being managed by a consortium of banks, including Citigroup Global Markets Inc., Credit Agricole OTC CRARY Securities USA Inc., Deutsche Bank ETR DBKGn Securities Inc., PNC Capital Markets LLC, and RBC Capital Markets, LLC.Energy Transfer owns and operates a vast network of energy assets across the United States. | Energy Transfer, a major energy company, is managing its offerings through a consortium of banks, including Citigroup, Credit Agricole, Deutsche Bank, PNC Capital Markets, and RBC Capital Markets. |
IndusInd Bank, ICICI Prudential Life Insurance, ICICI Lombard, Polycab India, L&T Tech, CIE Automotive, TV18 Broadcast, Network18 Media, Heidelberg Cement, among others will report the April-June quarter results of fiscal year 2023-24 Q1FY24 .The private sector lender reported a rise in net profit of 30 per cent year-on-year YoY to Rs 11,952 crore in Q1FY24 on the back of steady loan growth and treasury gains. | IndusInd Bank reported a 30% YoY rise in net profit to Rs 11,952 crore in Q1FY24 due to loan growth and treasury gains. |
On December 28, 2023, RailTel said it received a work order amounting to Rs 120.45 crore including GST from South Central Railway for comprehensive signaling and telecommunication works for provision of automatic block signaling system in Yermaras-Nalwar section of Guntakal division in South Central Railway. | RailTel received a work order worth Rs 120.45 crore from South Central Railway for signaling and telecommunication works in the Yermaras-Nalwar section of Guntakal division. |
Phenix Truck & Van, a CPUC certified Minority Business Enterprise, has been a significant player in the manufacturing of custom work trucks and specialty truck bodies for 45 years, catering to the needs of public utilities, local municipalities, and fire departments in Southern California. | Phenix Truck & Van, a CPUC-certified Minority Business Enterprise, has been manufacturing custom work trucks and specialty truck bodies for 45 years, serving public utilities, municipalities, and fire departments in Southern California. |
The proposed Pumped Storage Project will have energy generation capacity of 1,500 MW.A Memorandum of Understanding MoU in this regard was signed between the state government and JSW Neo Energy on the sidelines of the World Economic Forum WEF annual conference at Davos. As a leading private sector power company in India, it has an operational capacity of 4,559 MW and is the country s largest Independent Hydro Power Producer IPP .JSW Neo Energy, a wholly-owned subsidiary of JSW Energy that focuses on renewable and new energy solutions, will be responsible for setting up the proposed project in Telangana. The Chief Minister further stated that JSW is a key partner for the state in its journey towards clean and green energy and the Government is keen to collaborate with JSW for their future projects in India. Revanth Reddy assured JSW of all the necessary support for the Pumped Storage Project and said that the proposed project is aligned with the state s focus on promoting renewable energy. | JSW Neo Energy, a subsidiary of JSW Energy, will set up a 1,500 MW Pumped Storage Project in Telangana, as per a Memorandum of Understanding signed between the state government and the company. JSW Neo Energy is India's largest Independent Hydro Power Producer with an operational capacity of 4,559 MW. |
The company has received tentative approval from the United States Food and Drug Administration US FDA for Tolvaptan Tablets, 15 mg, 30 mg, 45 mg, 60 mg, and 90 mg. | The US FDA has granted tentative approval for Tolvaptan Tablets in various strengths (15 mg, 30 mg, 45 mg, 60 mg, and 90 mg). |
Under the OFS, those selling shares are Sanjay Lodha, Vivek Lodha, Navin Lodha, Niraj Lodha and Ashoka Bajaj Automobiles Pvt Ltd.The IPO of EMS comprises a fresh issue of equity shares worth Rs 180 crore and an offer for the sale of 82.94 lakh shares by promoter Ramveer Singh. | EMS IPO includes a fresh issue of equity shares worth Rs 180 crore and an offer for sale of 82.94 lakh shares by promoter Ramveer Singh. OFS includes sales by Sanjay Lodha, Vivek Lodha, Navin Lodha, Niraj Lodha, and Ashoka Bajaj Automobiles Pvt Ltd. |
India emphasised the need to increase the number of inspections by the US Food and Drug Administration FDA in India to facilitate trade and continue to reduce the backlog.India emphasised the need to increase the number of inspections by the US Food and Drug Administration FDA in India to facilitate trade and continue to reduce the backlog. The US appreciated India s remarks, noting that the FDA has increased staffing to increase pharmaceutical inspections conducted by the agency. | India requested increased FDA inspections to expedite trade and reduce the backlog. The US acknowledged the request and stated that the FDA has increased staffing to conduct more pharmaceutical inspections. |
The telecom giant led in metrics including overall network experience, 5G download speeds, 5G coverage, and consistent quality experience. | A telecom giant excelled in network experience, 5G download speeds, coverage, and consistent quality. |
The price of ten grams of 22-carat gold in Mumbai is at par with that in Kolkata and Hyderabad, at Rs 56,350.In Delhi, Bengaluru, and Chennai, ten grams of 22-carat gold are selling at Rs 56,500, Rs 56,350, and Rs 56,600, respectively. US gold prices edged higher on Tuesday as benchmark US Treasury yields pulled back after crossing above 5 per cent in the last session, while investors awaited economic data due later in the week to gauge the outlook for US.Spot gold was up 0.1 per cent at $1,973.69 per ounce by 0059 GMT, while US gold futures eased 0.1 per cenr to $1,985.10.Spot silver was up 0.1 per cent to $23.01 an ounce, platinum fell 0.3 per cent to $893.54 and palladium rose 0.4 per cent to $1,122.64.In Delhi and Mumbai, one kilogram of silver is currently trading at Rs 75,100.In Chennai, one kilogram of silver is trading at Rs 78,500. The price of silver also fell by Rs 200 with one kilogram of the precious metal selling at Rs 75,100.The price of 22-carat gold witnessed a decline of Rs 250, with the yellow metal selling at Rs 56,350.In Mumbai, the price of ten grams of 24-carat gold is in line with prices in Kolkata and Hyderabad, at Rs 61,450.In Delhi, Bengaluru, and Chennai, the price of ten grams of 24-carat gold differs, standing at Rs 61,600, Rs 61,450, and Rs 61,750, respectively. | The price of 22-carat gold in Mumbai, Kolkata, and Hyderabad is Rs 56,350 per 10 grams, while in Delhi, Bengaluru, and Chennai, it is Rs 56,500, Rs 56,350, and Rs 56,600, respectively. The price of 24-carat gold in Mumbai, Kolkata, and Hyderabad is Rs 61,450 per 10 grams, while in Delhi, Bengaluru, and Chennai, it is Rs 61,600, Rs 61,450, and Rs 61,750, respectively. |
VinFast Enters IndiaIn a strategic move to tap into the burgeoning electric vehicle EV market in India, Vietnam's VinFast Auto NASDAQ VFS has announced its plans to build its first EV facilities in the southern state of Tamil Nadu NS TNNP . | VinFast Auto (NASDAQ: VFS) plans to establish its first EV facilities in Tamil Nadu, India, to capitalize on the growing EV market there. |
POTOMAC, Md. - IGC Pharma, Inc. NYSE American IGC has initiated a Phase 2b clinical trial through ClinCloud, a Florida-based clinical research facility, to evaluate the safety and efficacy of IGC-AD1, a drug aimed at treating agitation in Alzheimer s patients. | IGC Pharma has initiated a Phase 2b clinical trial to evaluate the safety and efficacy of IGC-AD1, a drug aimed at treating agitation in Alzheimer's patients. The trial is being conducted through ClinCloud, a Florida-based clinical research facility. |
The company has been recognized for its green initiatives, including being selected as one of the 20 French green start-ups in 2022's French Tech Green20 program and being part of the French Tech 2030 support program. | The company has been recognized for its green initiatives, including being selected as one of the 20 French green start-ups in 2022's French Tech Green20 program and being part of the French Tech 2030 support program. |
David Roesser, CEO of Encina, echoed this sentiment, expressing pride in the partnership with Covestro and the shared vision of a waste-free future. | Encina's CEO, David Roesser, expressed pride in the partnership with Covestro, emphasizing their shared goal of eliminating waste. |
The amount is towards the cane payment arrears for the sugar season 2022-23.The company has won orders worth Rs 200.25 crore in Gujarat. | The company has won orders worth Rs 200.25 crore in Gujarat for cane payment arrears for the sugar season 2022-23. |
The project is anticipated to create 150-200 new jobs during the construction phase and, upon completion, approximately 175 new jobs with an average wage of $72,000.The initiative has received positive remarks from local economic leaders, with Angel Gonzalez, chair of the Tampa Bay Economic Development Council, acknowledging the investment in green technology and the anticipated economic impact on Hillsborough County. | The project is expected to create 150-200 new jobs during construction and 175 new jobs with an average wage of $72,000 upon completion. Local economic leaders have praised the initiative for its investment in green technology and its anticipated economic impact on Hillsborough County. |
PHOENIX - Grand Canyon Education, Inc. NASDAQ LOPE has scheduled its fourth quarter 2023 earnings release for after market close on February 13, 2024. | Grand Canyon Education, Inc. (NASDAQ: LOPE) will release its fourth quarter 2023 earnings on February 13, 2024, after the market closes. |
Jack Azagury, group chief executive for Strategy & Consulting at Accenture, sees this as an opportunity to further expand their practice and build capabilities that facilitate continuous reinvention and value realization for clients. | Jack Azagury, Accenture's Strategy & Consulting group chief executive, views the current situation as an opportunity to expand their practice and develop capabilities that enable clients to continuously reinvent and realize value. |
The pay raise comes as the United Autoworkers Union UAW seeks to increase membership in the U.S., leveraging its successful negotiations with the major Detroit automakers in 2023.However, Tesla's decision to increase pay may complicate CEO Elon Musk's emphasis on cost-cutting measures. Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space Tesla cuts more than prices as EPA updates standards and pay for workers in the U.S. goes up. Responding to a new U.S. government regulation, Tesla adjusted its range estimates for various models, reflecting real-world performance accurately. | Tesla has increased pay for workers in the U.S. in response to the United Autoworkers Union's efforts to increase membership. This move may complicate CEO Elon Musk's emphasis on cost-cutting measures. |
Wesdome Gold Mines Ltd. TSX WDO declined 2.81 or 0.21 points to end at 7.27 and IAMGold Corporation TSX IMG shed 2.58 or 0.09 points to 3.40.Advancing stocks outnumbered falling ones by 588 to 327 and 118 ended unchanged on the Toronto Stock Exchange. At the close in Toronto, the S&P TSX Composite rose 0.34 .The biggest gainers of the session on the S&P TSX Composite were Denison Mines Corp TSX DML , which rose 6.06 or 0.16 points to trade at 2.80 at the close. | Wesdome Gold Mines Ltd. and IAMGold Corporation declined, while Denison Mines Corp. was the biggest gainer on the S&P TSX Composite, which rose 0.34% with advancing stocks outnumbering falling ones by 588 to 327. |
Revanth Reddy assured all support to expand further the oil palm and dairy business which have already been taken up by the company in Telangana. Hyderabad, Jan 9 IANS Godrej Agrovet, a part of Godrej Group, is ready to set up an integrated oil palm processing unit in Telangana. A delegation of Godrej Agrovet, which is already running numerous business activities including cooking oils, dairy, agro, veterinary services, agro chemicals, animal fodder and veterinary services, on Tuesday met Telangana Chief Minister A. Revanth Reddy. | Godrej Agrovet plans to establish an integrated oil palm processing unit in Telangana, expanding its existing oil palm and dairy operations in the state. |
Bosch India will showcase the BS6 stage 2 hydrogen engine truck, by early 2024.The Board of Directors of the company has approved to acquire 51 per cent stake in Guideline Travels Holidays India Private Limited, Dook Travels Private Limited, and Tripshope Travel Technologies Private Limited. | Bosch India plans to unveil its BS6 stage 2 hydrogen engine truck by early 2024. Additionally, the company has acquired a 51% stake in three travel companies: Guideline Travels Holidays India Private Limited, Dook Travels Private Limited, and Tripshope Travel Technologies Private Limited. |
The Chakan plant s second phase is expected to significantly enhance Belden's manufacturing capabilities, allowing the company to better serve both domestic and international markets. NYSE NYSE BDC , a global provider of network infrastructure and digitization solutions, has initiated the expansion of its manufacturing plant in Chakan, Pune. | Belden, a provider of network infrastructure and digitization solutions, is expanding its manufacturing plant in Chakan, Pune. The second phase of the Chakan plant is expected to significantly enhance Belden's manufacturing capabilities, allowing the company to better serve both domestic and international markets. |
Ahead in the week, investors will be looking towards retail sales, industrial production, Michigan consumer sentiment and expectations, building permits, existing home sales, and the NAHB housing market index. | Investors will monitor retail sales, industrial production, consumer sentiment, building permits, existing home sales, and the NAHB housing market index in the coming week. |
Premji Invest has received an in-principle approval to set up a so-called family investment fund FIF at Gujarat International Finance Tec- City GIFT City , according to people familiar with the matter. Premji Invest and billionaire Narayana Murthy-backed Catamaran Ventures were among the first to seek approvals, according to the people. Representatives for International Financial Services Centres Authority, which governs GIFT City, didn t respond to requests for comment while a spokesman for Premji Invest declined to comment. | Premji Invest has received approval to establish a family investment fund at GIFT City, joining Catamaran Ventures in seeking such approvals. |
The company has temporarily suspended operations of Mangalore-based pellet plant due to non-availability of iron-ore fines. | A Mangalore-based pellet plant has halted operations due to a shortage of iron-ore fines. |
The IPO process for Citicore is being managed by UBS AG and BDO Capital, two financial firms with extensive experience in guiding companies through the complexities of going public. | Citicore's IPO is being managed by UBS AG and BDO Capital, experienced financial firms guiding companies through the complexities of going public. |
Media-related stocks have been all the rage in India, thanks to a mega merger involving a unit of Japan s Sony Group Corp., and the return of Bollywood blockbusters. | Media stocks in India have surged due to the merger of Sony's unit and the resurgence of Bollywood blockbusters. |