A global Microsoft outage caused by a faulty CrowdStrike update led to widespread disruptions across key infrastructures. Satirical writer Vincent Flibustier’s viral tweet claiming responsibility added to the confusion. This article delves into the incident, the viral prank, reactions, and the ongoing recovery efforts.
It has been reported that the family of US President Joe Biden is discussing options on how to end his election campaign. They are of the opinion that this exit has to protect the legacy of Biden and help the interests of the US and enhance the party’s political prospects in the upcoming US Presidential Election in November.
The office space spread over a total 12 units across three wings of one of the towers of commercial complex L&T Seawoods Grand Central has a total carpet area of nearly 60,000 sq ft.
The Economic Survey of India, typically released a day before the Union Budget, is going to be published on July 22
“We faced headwinds with weak revenue but sustained margins through operational rigor, talent investment, and optimizing overheads. Utilization is high, and future levers remain. We aim for steady improvement but won't guide to a specific margin," says Aparna Iyer.
Gopalakrishnan, who joined SPL in 2018, has been instrumental in driving the company's transformation and played a vital role in the IPO process. With over 33 years of experience in corporate finance and capital markets, including tenure at Reliance Industries Limited (RIL) and the Aditya Birla Group, he brings extensive expertise to his new role.
Jitendra Singh, the minister of state in the Prime Minister's Office, was in Doda, part of his Udhampur parliamentary constituency which was rocked by several terror incidents in over past three months, claiming the lives of 10 security personnel and a village defence guard (VDG).
"Reliance's EBITDA was temporarily impacted by refining cracks, but growth in Jio and retail is steady. We anticipate 15-20% ARPU growth and potential demergers, leading to a stable stock price," says Deven Choksey.“In the Jio platform, we are likely to see a higher amount of growth because the full impact of the price hike or tariff hike in the ARPU is expected to happen somewhere in the subsequent quarters of the current financial year,” says Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd. Edited excerpts... Читать дальше...
The analysis involves stocks with a market cap of over Rs 500 crore.
As per present Income-tax provisions, taxability of ESOPs occurs at two stages. Firstly, at the time of allotment of shares and thereafter, at the time of sale of the shares. Thereafter, when employees sell the shares, gains from such sale is taxable as capital gains in the hands of the employees. The government may consider moving towards taxing ESOPs at one stage i.e. at the time of sale of shares, and doing away with taxation at the stage of allotment of shares. The government may also extend... Читать дальше...
Kanwr Yatra 2024: The Kanwar Yatra is an annual pilgrimage undertaken by devotees of Shiva
ETMarkets has formed a list of five stocks from the BSE500 that showed consistent price increases throughout the last five sessions.
The popular manga series Demon Slayer: Kimetsu no Yaiba concludes Season 4 with plans for three movies in the Infinity Castle arc. Fans can watch a fan-made movie based on the upcoming plot of Movie No. 2, offering a glimpse into the epic battles to come.
Union Chemicals and Fertilizers Minister Jagat Prakash Nadda announced government interventions to support the chemicals and petrochemicals industry's growth, aligning with India's goal of becoming a USD 5 trillion economy. Speaking at the launch of the 13th India Chem event, Nadda assured necessary policy adjustments and encouraged the industry to reduce imports, enhance R&D, and improve skills. The event, themed "Advantage Bharat: Indian Chemicals and Petrochemicals Paving the Future," is set for October in Mumbai. Читать дальше...
The government has updated public procurement norms to prioritize companies using higher levels of local content in their products. Imported items sourced locally, royalties, and technical charges paid outside India will be excluded from the local content calculation. These changes aim to support the 'Make in India' initiative.
Reddy also launched the Mineral Exploration Hackathon focused on innovative mineral hunt techniques. The hackathon is aimed at promoting use of emerging technologies like Artificial Intelligence (AI) and Machine Learning (ML) for geophysical data, integration of multiple mineral exploration data sets such as baseline data, available exploration data, etc, to identify new mineral targets, particularly for deep seated/concealed ore bodies.
Madhya Pradesh Chief Minister Mohan Yadav highlighted India's progress since independence, surpassing former colonial rulers economically and inviting industrial investment in the state with abundant resources. Yadav emphasised the state's industrial potential and ongoing developments, including defense production, pharmaceutical exports, food processing industry. He talked about plans for diamond polishing and skill development centers to boost various sectors in Madhya Pradesh under Prime Minister Narendra Modi's leadership.
In June, FPIs turned net buyers in Indian equities, investing Rs 26,565 crore, reversing the trend of outflows in April and May. This followed a mixed start to the year, with selling in January, buying in February and March, and then selling again in the following months.
The association of mutual funds in India (AMFI) said other than their five asset management companies, their mutual funds and registrar and transfer agents (RTAs) functioned without any impact. The glitch affected not only broking firms but also disrupted airline operations. Additionally, the outage impacted 10 banks and NBFCs, causing minor disruptions that were either resolved or in the process of being resolved.
One of the biggest challenges when investing in mid-cap stocks is not about the price of the stock moving up and down. It is about the management of one’s own expectation and anxiety level. When the market witnesses volatility like they did on Friday, the anxiety index goes up. So, when looking at mid-caps, there are some must do things, from two perspectives. First, the stock selection and the way one takes exposure to the stocks so that the probability of making money in the long term increases; and secondly... Читать дальше...
India has agreed to consider providing Rs 1,500 crore to Bhutan as part of the Economic Stimulus Programme in the next 18 months following talks between Foreign Secretary Vikram Misri and Bhutanese leaders. Discussions covered development partnership, energy, trade, connectivity, technology, and regional issues. Both sides expressed satisfaction with past projects and approved new initiatives under the 13th Five-Year Plan, building on strong bilateral cooperation.
The court said social media firms are mandated by the Information Technology Rules to take prompt action on the complaints of entities like NSE about unauthorised use of their trademark on dubious "web pages and/or profiles, accounts and/or advertisement and/or videos and/or contents and/or social media groups".
