Professionals frequently faced career breaks, making reintegration daunting. Neha Bagaria explained that accumulated skills and experience retained their worth. Updating resumes, online learning, and networking facilitated job re-entry. Companies' returnee programs grew in support.
A lump sum investment of Rs 1 lakh in the fund when it was launched would have compounded to Rs 1.71 lakh now with a CAGR of 19.09%. In a three- and two-year period, an investment of Rs 1 lakh would have been Rs 1.64 lakh and Rs 1.62 lakh, respectively, now.
The launch of Ethereum (ETH) spot ETFs in the U.S. saw unexpected price declines due to factors like a 'sell-the-news' event, significant outflows from Grayscale Ethereum Trust, long position liquidations, and broader market downturns. Despite these setbacks, experts remain hopeful for ETH's upward trend in the near future.
Rescue and restoration work in Rudraprayag, Uttarakhand, continued after heavy rains damaged the route to Kedarnath Dham. As many as 3,000 people have been rescued so far, but 1,000 people are still waiting for rescue in Kedarnath. The weather has improved in Uttarakhand, with no heavy rain and an Orange alert issued for tomorrow. All major routes are open, but the route between Kedarnath to Gaurikund is not. Four helicopters, including those from the Indian Air Force, have been deployed for the rescue operation.
Welspun Enterprises forecast strong EBITDA growth and continued project execution in FY25, despite monsoon challenges. The company emphasized a selective approach to project bidding and benefits from government infrastructure policies. With an order book of Rs 13,000 crore, they foresee new projects worth Rs 5,000 crore in the coming periods, contributing to their revenue growth.
Weak US manufacturing data pushed global equities lower on Thursday. The data raised doubts about the US economy and dimmed the widespread optimism about potential Federal Reserve interest rate cuts in September.
Net profit for the April-June 2024 period may decline 3% year-on-year, according to an average estimate of six brokerages. Net interest income for the same period, meanwhile, is seen rising around 10% year-on-year.
Over 29,000 hospitals, including 12,625 private ones, have been empanelled under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana until June 30, according to Union Health Minister J P Nadda. All empanelled hospitals have signed Memorandums of Understanding with their respective State Health Agencies (SHAs). Beneficiaries can file grievances related to treatment denial or other issues using various media. The activeness of a hospital is measured by the number of treatments provided under the scheme.
The National Testing Agency (NTA) announced a revised schedule for the UGC-NET June 2024 exam, which will take place from August 21 to September 4, 2024, in computer-based test (CBT) mode for 83 subjects.
Shares in chipmaker Intel slumped 20% premarket after the company suspended its dividend and said it would cut 15% of its workforce as it grapples with a pullback in spending on traditional data center semiconductors and a focus on AI chips.
TSS Consultancy launched Disclosure 360, aimed at simplifying insider trading disclosures and handling Unpublished Price Sensitive Information.
A total of 50,607 shares changed hands on the counter till 02:10PM (IST).
Eicher Motors has revised its GST demand orders from the Chennai office to Rs 26.97 crore from Rs 129.79 crore, following an appeal by the automaker. The cut, amounting to over Rs 100 crore, pertains to the non-reversal of input tax credit on returned materials in FY18, which the company had originally accounted for by paying output tax liability.
Responding to Trinamool Congress member Sougata Roy, who had asked whether the government took any punitive action against the company for not mentioning the names of ICMR and NIV in the patent application, the Union Health and Family Welfare Minister gave a detailed reply. There was a joint Memorandum of Understanding (MoU) between ICMR, NIV and Bharat Biotech for the development of Covaxin, he said.
The stock traded at a P/E multiple of 6.65, while the price-to-book value ratio stood at 1.14.
There is a high probability that on being asked about a branded jewellery company, the first name which would come to mind is Titan. Rightly so, because it is the leader of the sector and one of the oldest companies of the sector. But over the years, many jewellery players have got listed on the street. Some of them are region specific chains, operating in one part of the country. There are some which are sort of becoming national chains as they expand their footprint and increase their balance sheet size. Читать дальше...
The Delhi Development Authority has stated that a major portion of the drain, where the tragedy struck, had been handed over to the MCD, while the portion under it is covered with RCC slabs. Tanuja and her three-year-old son Priyansh slipped and fell into a waterlogged under-construction drain around 8 pm on Wednesday, amid heavy rain near Khoda Colony in Ghazipur. The two were returning from a weekly market when the incident happened.
A total of 775,353 shares changed hands on the counter till time (IST).
Opposition leaders endorsed Rahul Gandhi's accusation of ED raids being planned as government intimidation tactics against opposition. Gandhi claimed to have been tipped off about the raids. BJP leaders refuted, suggesting Gandhi's guilt. The dispute emerged after Gandhi's critical speech on the Union Budget and PM Modi in Parliament.
A total of 14,063 shares changed hands on the counter till 01:54PM (IST).
Ecommerce firm Meesho added four independent directors to its board: Hari S Bhartia, Kalpana Morparia, Rohit Bhagat, and Surojit Chatterjee. The collective wisdom and diverse perspectives of the new directors will play a pivotal role in steering the company towards new milestones, cofounder and chief executive Vidit Aatrey said.
According to The Express Tribune, during the briefing by officials from the Ministry of Finance and the State Bank of Pakistan, it was disclosed that Pakistan has paid over USD 3.60 billion in interest to the IMF. The documents presented in the meeting revealed that the interest paid amounts to over Rs 1,000 billion in Pakistani currency.
A total of 98,632 shares changed hands on the counter till 01:49PM (IST).
The buyback represents approximately 9.88% of TTK Prestige’s fully paid-up equity share capital. This will be the company’s first buyback, according to Trendlyne data. However, TTK Prestige is known for frequently rewarding its shareholders with dividends, as noted in the same data.
