An Amazon customer, Sofia Serrano, discovered a live lizard in her package after ordering an air fryer. She raised concerns about health risks and responsibility. Amazon responded by asking for purchase details. This follows a similar incident in India where a woman found a snake in her package.
A total of 18,773 shares changed hands on the counter till 02:10PM (IST).
This is the largest acquisition by Mankind Pharma, India’s 4th largest pharma company by market share. A formal announcement regarding the deal is likely by this week.
Air India Express, a subsidiary of Tata owned Air India, has expanded its network to Tripura by introducing daily direct flights connecting Agartala to Guwahati, Delhi, and Kolkata from September 1. Tripura will become the airline’s 46th destination, enhancing connectivity in the North-East and promoting economic growth and tourism. The airline aims to provide an unparalleled guest experience through its expanded routes and increased frequencies to various destinations.
The stock traded at a P/E multiple of 33.31, while the price-to-book value ratio stood at 4.96.
Using unsecured internet access poses risks. Hackers can intercept your connection, allowing them to view your online activities, install malware on your device, or create fake hotspots that appear legitimate. It's one of those times when it's best to use a virtual private network, or VPN.
A 38-year-old engineer from Dombivli, K. Shriniwas, died by suicide on Wednesday by jumping from Atal Setu bridge in Mumbai, likely due to financial stress. He had left his documents on the bridge and was later searched for by police and rescue teams. Previously, Shriniwas had attempted suicide in Kuwait and had recently returned to India, briefly working before starting his own business.
On the technical charts, the RSI of the stock stood at 42.12.
The government has extended the deadline to August 8 for public comments on draft guidelines aimed at curbing unsolicited business communications, including promotional calls and text messages. This move came after the food and consumer affairs ministry received requests for more time from various federations, associations, and other stakeholders.
Seven smallcap stocks, held by more than 20 mutual fund schemes, have surged over 100% in FY25 to date. Overall, 16 small-cap stocks have achieved triple-digit gains in FY25.
Mankind Pharma is in talks to acquire Bharat Serums & Vaccines Ltd., a biopharmaceutical company with brands like Manforce Condoms and Prega News pregnancy tests. The target company could be valued at around $1.5 billion. Advent International, which acquired a majority stake in Bharat Serums in 2019, is looking to exit and return liquidity to investors.
The stock traded at a P/E multiple of 34.56, while the price-to-book value ratio stood at 5.13.
IndiGo flight 6E 12 from Istanbul to Delhi was delayed by 12 hours due to technical issues, leaving 200 passengers stranded at Istanbul airport. Passengers received refreshments during the wait, but faced confusion and delays without clear communication. The aircraft eventually took off after checks, with passengers expressing dissatisfaction on social media.
Regional print media companies are projected to see an 8-9% revenue increase this fiscal year due to strong advertising revenue growth and a loyal subscriber base, according to a Crisil report. The report also noted potential economic changes and shifts in consumer preferences as factors to monitor.
Google is collaborating with leading EV charging stations providers in India and data aggregators in India -- ElectricPe, Ather, Kazam, and Statiq, to add information about 8,000 charging stations, covering a major share of available charging stations in India, to Google Maps.
Animal Husbandry and Dairy Minister Joraram Kumawat said that "the state government is committed to making cattle rearers economically self-reliant by "developing valuable animal wealth and increasing livestock production". Following a discussion, the assembly passed the grant demands of the department by voice vote. Additionally, Mukhyamantri Mangala Pashu Bima Yojana will be started by including other animals along with dairy animals, he said in the assembly.
The Congress criticised the government for India's declining garment exports, pointing out that Bangladesh and Vietnam have surpassed India's exports in the past decade, attributing the situation to the government's inaction. Congress leader Jairam Ramesh highlighted Global Trade Research data, revealing that India's garment exports dropped from USD 15 billion in 2013-14 to USD 14.5 billion in 2023-24, emphasizing the need for immediate action to boost the sector.
The stock quoted a 52-week high price of Rs 506.85 and low of Rs 207.85.
Finance Minister Nirmala Sitharaman stressed that a government should be able to generate “adequate” revenue from providing primary requirements of a society like drinking water, electricity, primary health and education. Sitharaman said that people should take the benefit of something being given for free; however, it is the government’s responsibility to ensure the scheme does not adversely affect other taxpayers.
Google announced a collaboration last December with the government-backed Open Network for Digital Commerce (ONDC) and Namma Yatri to streamline the public transport experience on Google Maps
A total of 31,444 shares changed hands on the counter till 01:39PM (IST)
According to ACE MF, approximately five equity mutual funds delivered over 65% returns in the past year out of a total of 252 funds analyzed.
It is a matter of a day or two that all the noise of the budget would be over and the market will once again be focussing on what it had been doing for ages, that is earnings of the company and broader macroeconomic picture of the country. Of the two, the macroeconomic picture is the same for every company and for the majority of them it is good. The first is the earnings which are different for each company and that is dependent on the underlying business and how good or not so good the management is about that company. Читать дальше...
NASA astronauts Sunita Williams and Butch Wilmore, stranded in space due to technical issues with their Boeing Starliner spacecraft, are conducting experiments on plant growth in microgravity. NASA and Boeing have completed critical ground tests for the spacecraft’s systems. A media briefing on July 25 will provide updates on the astronauts' return and the ongoing tests.
