Etihad Airways has signed a multi-year deal to become the Official Front of Shirt Sponsor for Mumbai City FC starting from the 2024-25 season. This partnership marks a record in Indian football for its duration. The airline is also celebrating 20 years of flying to India and will introduce its A380 aircraft on the Mumbai-Abu Dhabi route from September 1.
In 2024, the BSE Healthcare Index surged by approximately 36%, surpassing the benchmark Sensex's 14% rise. ETMarkets has highlighted eight healthcare stocks that have doubled investors' wealth this year, delivering returns between 100% and 175%.
Azad Engineering's shares surged nearly 8% to Rs 1,596.40 after Investec initiated a buy rating with a Rs 1,850 target, citing strong growth prospects and a 40% CAGR forecast.
Alibaba is affiliated with the Jack Ma-founded Ant Group's Alipay, which is WeChat's main rival for online payments in China. Tencent has also been a major investor in other ecommerce platforms, including Alibaba rivals JD.com and PDD Holdings'. Both JD.com and Pinduoduo already offer WeChat Pay as an option.
Tamil Nadu Chief Minister MK Stalin, during his US visit, took a break for an evening bicycle ride. Stalin is on a trip to US. He secured a ₹400 crore investment from Ohmium and signed an agreement with Google to skill two million youngsters in AI. Stalin's cycling video also addresses recent health concerns.
Congress leader Rahul Gandhi launched his party's election campaign in Jammu and Kashmir, promising to restore statehood with the help of INDIA bloc partners. He criticized BJP for not agreeing to restore statehood before assembly elections. Gandhi addressed a rally in Sangaldan, part of Banihal Assembly constituency, which is set for polls on September 18.
Sam Pitroda, a long-time confidant of the Gandhi family, describes Rahul Gandhi as more intellectual and strategic compared to his father Rajiv Gandhi. He believes Rahul has all the qualities of a future prime minister. Pitroda dismisses BJP's criticism of Rahul's foreign remarks and emphasizes the importance of Rahul's upcoming US visit.
Herald Van Der Linde from HSBC suggests investors remain positive on equities but avoid crowded trades. He highlights the potential of income-centric investments like bonds in the medium term. The global market outlook is influenced by AI trades and interest rate cuts, with India positioned well despite some stress points.
The United States is considering the possibility of jointly producing weapons with Taiwan, according to Raymond Greene, the top U.S. diplomat in Taipei. This move aims to address Taiwan's defense needs amid increasing military pressure from China. Greene emphasized maintaining a strategic balance in the region to foster cross-strait relations.
Amid a surge in number and demand of Initial Public offerings (IPOs) in the Indian stock market, a recent SEBI report has revealed some interesting behaviour of investors in the IPO market.
President Droupadi Murmu has empowered Delhi LG VK Saxena to form and appoint members to boards and panels in the national capital. AAP leader Saurabh Bhardwaj claims this move allows the BJP to control Delhi indirectly, alleging that the LG is acquiring more power without accountability. The central government wants Delhi run by the LG, he says.
Jairam Thakur, Leader of the Opposition in Himachal Pradesh Assembly, has criticised Chief Minister Sukhvinder Singh Sukhu for blaming previous governments and the Centre for the state's financial issues. Thakur emphasised the need to balance expenditures and resources while ensuring salaries and pensions are paid on time.
We are focusing more on the bottom-up strategy rather than the top-down strategy. So, wherever we see earnings surprises, wherever we see non-linearity, either in terms of earnings growth or possible multiple expansion, that is where we are basically moving towards.
Despite facing challenging market conditions and significant international price volatility in recent months, the company managed to achieve sales of 5.92 lakh tonnes during the April-August period, maintaining nearly the same level as the previous year.
On the technical charts, the 200-day moving average of the stock stood at Rs 2553.74.
Defence Minister Rajnath Singh and CDS Gen Anil Chauhan will brief military chiefs on upcoming changes in military structures with theatre commands expected soon. The Northern, Western, and Maritime Theatre Commands will focus on China, Pakistan, and the Indian Ocean respectively. This aims to enhance joint operations among the Army, Navy, and Air Force.
A total of 13,202 shares changed hands on the counter till 02:04PM (IST)
Steel minister plans to persuade the finance ministry to increase tariffs on steel imports to protect domestic mills from cheaper imports, mainly from China. India became a net steel importer in the last fiscal year, with China being the top exporter. The government is also investigating anti-dumping measures on certain steel products from Vietnam.
Bitcoin and Ether fell up to 5% due to U.S. economic slowdown fears and weak ISM manufacturing data. The global crypto market cap dropped below $2 trillion.
Congress MP Rahul Gandhi announced he would donate his entire month's salary of Rs 2,30,000 to aid relief efforts for those affected by the landslide in Kerala's Wayanad. He urged citizens to contribute through the Stand With Wayanad - INC app. The landslide, which occurred on July 30, claimed at least 230 lives.
While they are all classified under the broad category of auto stocks, the operating matrix of each company is very different. For heavy commercial vehicle players the factors impacting the sales are very different from a two wheeler maker and a passenger car maker has a different matrix to deal with when it comes to raw material and sales. In the current economic cycle, it was HCV and LCV which were the first ones to see an uptick, just after the covid. In the last few days, there have been some... Читать дальше...
The Defence Acquisition Council, led by Defence Minister Rajnath Singh, has approved 10 capital acquisition proposals worth Rs 1.45 trillion to boost domestic defence manufacturing and enhance the Indian Armed Forces' operational capabilities. This move will significantly benefit public sector undertakings in the defence sector, with a focus on indigenous procurement. The Indian Army's tank fleet will receive Future Ready Combat Vehicles, and Air Defence Fire Control Radars will also be procured.
A World Health Organization review has found no link between mobile phone use and an increased risk of brain cancer. Covering studies from 1994 to 2022, the analysis showed no rise in brain cancer incidence despite higher mobile phone usage. The review, involving 11 investigators from 10 countries, also examined other cancers and occupational exposure, concluding no increased risks.
Rahul Dravid, having concluded his tenure as India's chief coach, appeared relaxed and engaging at the recent CEAT awards. Reflecting on his career, he humorously invited the audience to email him career advice. Dravid led India to a T20 World Cup victory but lost in the WTC and ODI World Cup finals.
The article highlights the top crypto airdrops of 2024, featuring OMERTA, StarkNet, Fuel, Scroll, and LayerZero. It provides details on how to qualify for each airdrop and the rewards users can expect. The criteria for selecting these airdrops include project legitimacy, network and tokenomics, simple qualification requirements, and security measures.