Airbus's 'LEAD!' improvement plan implements cost reductions and a headcount freeze to address rising unit costs and productivity issues in its planemaking business, following cut aircraft production targets. This plan anticipates Boeing's recovery. Airbus confirmed the plan but did not comment on a staff memo. Reported by Tim Hepher, edited by Mark Potter.
The two-day event, scheduled for 20th and 22nd July starting at 11 am, will teach traders how to maximize profits and minimize risks using options. Led by Saketh R, Founder of QuickAlpha and a full-time options trader, the session will cover the basics of options trading and the best use cases for F&O for individuals.
Pooja Khedkar, an IAS trainee of the 2023 batch who secured AIR 841 in UPSC, is under investigation by the Ministry of Personnel for misuse of authority and fake certificates. The probe report is expected in 2 weeks. Pune collector Suhas Diwse cited her unauthorized demands. AIIMS verification was postponed due to Covid.
The SDG India Index 2023-24, released by NITI Aayog on Friday, shows Uttarakhand, Kerala, Tamil Nadu, Goa and Himachal Pradesh emerged as the top performing states in the overall ranking. On the contrary, Bihar, Jharkhand, Nagaland, Meghalaya and Arunachal Pradesh were the laggard states, placed at the bottom of the index.
Canara Robeco Mutual Fund has launched Canara Robeco Balanced Advantage Fund, an open-ended dynamic asset allocation fund aiming to generate alpha when markets are doing well and reduce downside risk in times of bad market periods.
Nithin Kamath, co-founder of Zerodha, has raised concerns about structural unemployment among Indian youth, emphasizing the need for targeted measures in the upcoming Union Budget. Despite India's impressive economic growth rates, issues with job creation persist, particularly in formal sectors. Kamath highlighted the importance of stimulating entrepreneurship in rural areas often overlooked by traditional investors, proposing amendments to tax laws to incentivize startup investments. He suggested... Читать дальше...
While speaking on the sidelines of Reno 12 series smartphones, Oppo head of product strategy Peter Dohyung Lee said the company is working to make AI features available in entry-level smartphones.
The Delhi High Court rejected the regular bail plea of Bibhav Kumar, aide to Delhi Chief Minister Arvind Kejriwal, in the Swati Maliwal assault case, citing the seriousness of the allegations and concerns that witnesses could be influenced if he were released. Justice Anoop Kumar Mendiratta emphasized that despite Kumar's official designation as a PS, he wields significant influence, potentially affecting the case's integrity. T
The Amazon Prime Day sales in coming next week on July 16 and 17, making it the perfect opportunity for you to shop some amazing and exclusive products on Amazon at great deals and discounts. Prime Day sales include free shipping and a Grubhub+ membership at no cost this time. Here's how you can avail a new Amazon Prime membership or renew it if you already have one.
HCLTech experiences a notable increase in employee count by 8,080 for the quarter ending June, reaching a total of 219,401 employees. Meanwhile, TCS adds 5,452 employees, reversing headcount reduction trend. HCLTech reports a 20.4% YoY increase in net profit for Q1FY25.
Sanju Ahriwar, Delhi state junior champion in billiards and snooker, discovered cue sports while working night shifts at Nirman Vihar academy. Inspired by Pankaj Advani, he trained post-shift and won the titles. His parents were proud. He dreams of national glory, improving his English, and mentoring. He overcame significant challenges.
Russian Foreign Ministry spokeswoman Maria Zakharova told reporters that said those who wanted to portray Biden as competent had only worsened the situation.
Saugata Gupta, MD & CEO of Marico Ltd, highlighted expectations for the upcoming Union Budget 2024-25, emphasizing the potential impact of tax relief for the middle-class and salaried sectors in boosting purchasing power and stimulating consumption. He expressed anticipation for policies supporting inclusive and sustainable development, including continued investments in rural infrastructure and employment to bolster agricultural activities and rural incomes.
The Bengaluru Tech Summit 2024 will feature participation from 40+ countries, 460+ speakers, and 5000+ delegates. Karnataka CM discusses state's GSDP growth and plans for tech sector. The event will cover various tech tracks including IT, biotech, startups, and more.
Former President Obama and Speaker Pelosi privately express concerns about Biden's 2024 campaign, causing uncertainty within the Democratic Party. Party members seek guidance amidst growing doubts. Pelosi hints at doubts on MSNBC, while Obama maintains silence. Uncertainty persists as party leaders navigate potential changes in leadership.
Eldeco Infrastructure and Properties Ltd has acquired a 20,000 sq metre land near the upcoming Jewar airport in Noida through an auction by YEIDA for Rs 96.86 crore. Purvanchal Projects, another Noida-based developer, purchased a 40,000 sq metre plot nearby for Rs 149.47 crore. Both acquisitions are for group housing projects, expected to feature high-rise developments.
Partior, supported by DBS, JP Morgan, Standard Chartered, and Temasek, secured $60 million from Peak XV, Jump Trading, and Valar Capital. The funds will boost network expansion, integrate RTGS systems, and develop FX swaps, liquidity management, and cross-currency repos. Founded in 2021, it offers real-time, multi-currency clearing for banks in London, New York, and Singapore.
Bulls are in full control of the market at the current juncture and are using every intraday correction to create long positions. The price action has sustained well above the moving averages in the last few days, which is an indication of steadiness. Support for Nifty is now seen at 24,350 and 24,150-200 levels. On the higher side, the immediate resistance zone is at 24,500-550 levels and the next resistance zone is at 24,750-800 levels.
India's 1991 reforms started economic transformation, now focusing on AI, IoT, robotics in smart manufacturing. Government initiatives like SAMARTH Udyog, the Centre for the Fourth Industrial Revolution drive Industry 4.0. NAMTECH, founded by ArcelorMittal Nippon Steel, advances technical education, aiding India's aim for a $35 trillion GDP and global manufacturing hub status.
A UN report on Pakistan's population growth projects a rise to 404.68 million by 2092, surpassing Indonesia by 2048. With a current growth rate of 2.40 per cent, Pakistan faces challenges including lack of birth control usage, pressure on resources, unemployment, and strains on healthcare and education systems. Globally, the world population is expected to reach 10.3 billion by the mid-2080s before declining to around 10.2 billion.
West Bengal Chief Minister Mamata Banerjee expressed doubts about the stability of the BJP-led NDA government at the Centre during her visit to Mumbai. She met with Shiv Sena chief Uddhav Thackeray and planned to meet NCP president Sharad Pawar, highlighting her engagements with key opposition figures. Banerjee, alongside Thackeray, emphasized uncertainties about the government's future, suggesting it may not complete its term. This meeting marks a significant interaction between Banerjee and Thackeray since the Lok Sabha elections... Читать дальше...
HCL Tech Q1 Results: Profit rose 7% from the previous quarter, while revenue dipped 1.5%. Constant currency revenue increased 6% year-on-year but fell 1.6% quarter-on-quarter. EBIT increased 7% year-on-year to Rs 4,795 crore but decreased 4% quarter-on-quarter.