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2024

Новости за 07.11.2024

Hindalco shares dip 7% as Novelis’ net income falls by 18% YoY

Economictimes.indiatimes.com 

Hindalco's shares plummeted 7% following subsidiary Novelis's announcement of an 18% drop in net income, settling at $128 million for Q2 FY2025. Despite a 5% growth in net sales driven by higher aluminum prices, Novelis's adjusted EBITDA declined 5% YoY, impacted by a flooding event at its Sierre facility.

TCCF: Malaysia Set To Join Turkey, Indonesia, Philippines In Launching Co-production Funding Scheme

Deadline.com 

Content agencies from Turkey, Malaysia, Indonesia and the Philippines presented their incentives and co-production initiatives at Taiwan Creative Content Fest (TCCF) on Thursday.  Malaysia’s National Film Development Corp (FINAS) revealed that it plans to join the regional trend to launch a scheme designed to stimulate co-production with its domestic filmmakers.  “We’re moving towards gap financing […]

Macrotech Developers acquires Bain Capital's stake in 3 entities for Rs 307 cr

Economictimes.indiatimes.com 

Macrotech Developers, also known as Lodha, has purchased Bain Capital's stake in three industrial and logistics park entities for Rs 307 crore. This acquisition aligns with the company's strategy to increase its recurring income through its industrial and logistics park business under the brand LILP (Lodha Industrial and Logistics Park).



Equal Weight on Varun Beverages, target price Rs 700: Axis Securities

Economictimes.indiatimes.com 

Axis Securities has set a target price of Rs 700 for Varun Beverages Ltd. The company's stock is currently trading at Rs 585.25. Varun Beverages recently acquired a beverage company in South Africa and DRC. The company is also expanding its distribution reach and manufacturing capabilities. Promoters hold a 62.66% stake in the company, while FIIs and DIIs hold 24.

Arkansas Opens Season with Win over Lipscomb

University of Arkansas Women's Gymnastics 

Arkansas let a 15-point, second-half lead get trimmed to four before Zvonimir Ivisic hit a 3-pointer and converted an old-fashioned 3-point play to help the #16 Razorbacks pull away and start the John Calipari era on The Hill with a 76-60 victory over Lipscomb Wednesday night at Bud Walton Arena.

Hoping to keep hot streak going, Sharks welcome Wild

BigNewsNetwork.com (sports) 

(Photo credit: Charles LeClaire-Imagn Images) Looking to bounce back from a rare poor showing, the Minnesota Wild begin a three-game road trip by visiting the resurgent San Jose Sharks on Thursday. The Wild could envision their fourth straight victory when they led 1-0 through the first 34 minutes against the visiting Los Angeles Kings on Tuesday. However, the Kings broke out for five unanswered goals, handing Minnesota

Wisconsin seeks improved start vs. Montana State

BigNewsNetwork.com (sports) 

(Photo credit: Brad Penner-Imagn Images) Wisconsin will aim for a much quicker start in its second game of the season when it entertains Montana State on Thursday night at Madison, Wis. The Badgers (1-0) trailed Holy Cross 21-5 just 6:21 into the contest before outscoring the Crusaders by 40 the rest of the way and producing a 65-61 victory. "I liked how we responded and battled back and grew defensively as the game wen

Luka Doncic scores 27 as Mavs pull away from Bulls

BigNewsNetwork.com (sports) 

(Photo credit: Kevin Jairaj-Imagn Images) Luka Doncic had 27 points and 13 assists to lead the host Dallas Mavericks past the cold-shooting Chicago Bulls 119-99 on Wednesday night. The Mavericks feasted on poor Chicago transition defense, scoring 21 fastbreak points, and led by as many as 30. The Bulls, playing without All-Star Zach LaVine (adductor strain), shot just 41.9 percent from the floor and were 12-of-42 (28.6

Reports: Mercedes confirm Lewis Hamilton to race final 3 events

BigNewsNetwork.com (sports) 

(Photo credit: Jerome Miron-Imagn Images) Lewis Hamilton will drive for Ferrari next year, but rumors that the seven-time Formula 1 champion is exiting Mercedes before the end of the current season reportedly were refuted by Mercedes. Rumors of Hamilton making an immediate split with his current team arose after his poor showing last week in Brazil, where he placed 11th in the sprint on Saturday and 10th in the Sao Paulo

All equity mutual fund categories offer negative returns in October, lose up to 12%

Economictimes.indiatimes.com 

October proved to be a challenging month for equity mutual funds, with all categories experiencing negative returns. The automotive sector suffered the most significant decline, while international funds fared comparatively better. Mid-cap and small-cap funds also witnessed losses, although less severe than their large-cap counterparts.

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