A judge has strongly criticized Google for engaging in monopolistic practices, impacting its competition. While the case is expected to drag on, the rise of AI could alter how users navigate the internet before it's resolved. Default search deals could be banned, affecting various companies, especially Apple, which profits from these arrangements.
MRF Q1 Results: Revenue from operations rose 12% year-on-year (YoY) to Rs 7,196 crore, compared with Rs 6440 crore a year ago.
The private equity investors Jacob Ballas and International Finance Corporation are selling their stake by exercising a put option. The stake sale values Agilus diagnostics at Rs. 5000 crore.
A powerful earthquake with a preliminary magnitude of 6.9 struck western Japan on Thursday, prompting tsunami advisories for regions in the southwestern islands of Kyushu and Shikoku. The quake, reported by public broadcaster NHK, has raised concerns over potential tsunami impacts as authorities assess the situation.
A total of 1,012 shares changed hands on the counter till time (IST).
A total of 12,703 shares changed hands on the counter till 01:24PM (IST)
RBI proposed raising the UPI transaction limit for tax payments to Rs 5 lakh to make high-value tax transactions smoother. This decision was made during the MPC meeting. RBI also plans to introduce delegated UPI payments and continuous cheque clearing in the Cheque Truncation System.
Amna Baloch will become Pakistan's new Foreign Secretary following the retirement of Dr Syrus Sajjad Qazi. Currently serving as Ambassador to the EU, Belgium, and Luxembourg, Baloch's appointment was approved by Prime Minister Shahbaz Sharif. A 1991 batch Foreign Service officer with a master's in history, she brings a wealth of experience, including prior roles in Malaysia and China.
The stock traded at a P/E multiple of 6.24, while the price-to-book value ratio stood at 1.27.
Market has a strange habit of giving surprises on both sides, moving up when no one is expecting and news is bad all around. Falling when no one is expecting it to fall and there is good news all around. This week it was the turn of the second one. Instead of predicting the time when there will be a correction and how long it will continue, a better option is to just be ready for it. Ready by staying with large caps and that too with sectors and stocks where some tailwinds are emerging. This is not... Читать дальше...
Union Minister Kiren Rijiju has introduced the Waqf (Amendment) Bill, 2024, in the Lok Sabha. The bill proposes changes to the Waqf Act, 1995, including ensuring representation of Muslim women and non-Muslims in waqf boards. It also proposes a separate board of Auqaf for Bohras and Aghakhanis. However, Congress MP K C Venugopal and Congress' Hibi Eden oppose the bill, citing potential infringement on property rights and undue interference in religious endowments administration.
A total of 409,376 shares changed hands on the counter till 01:14PM (IST)
West Bengal declared a holiday on August 8, 2024, to honor former Chief Minister Buddhadeb Bhattacharjee, who passed away at the age of 80. Chief Minister Mamata Banerjee expressed condolences and stated that he would receive full ceremonial honors. His body will be donated for medical research according to his wishes.
"The crypto market remained neutral to slightly bearish, with ETH underperforming BTC. The market is expected to remain sideways for a couple of days as there are no significant macro events this week, and it typically enters a consolidation phase after substantial moves," said CoinDCX Research Team
RBI Governor Shaktikanta Das has advised banks to improve their IT and cyber security frameworks following a significant global Microsoft outage. The incident underscored the growing dependence on big-tech firms. India has seen a sharp increase in security incidents, and banks need robust plans to ensure operational resilience and safeguard against cyber threats.
A total of 6,472 shares changed hands on the counter till 01:09PM (IST).
Young Indian shuttler Lakshya Sen impressed at the Olympics, becoming the first Indian man to reach the semifinals but ultimately finished fourth after losing the bronze medal match. Two-time gold medalist Viktor Axelsen praised Sen's performance, expressing his belief that Sen deserved a medal for his fantastic showing. Axelsen commended Sen's talent and predicted a bright future for the 22-year-old player in the next Olympic Games.
American wrestler Sarah Ann Hildebrandt secured the Olympics 50kg gold after Indian wrestler Vinesh Phogat was disqualified for being overweight. Vinesh, unable to make weight and dehydrated, was replaced by Cuban Yusneylis Guzman Lopez. Despite the unexpected change, Hildebrandt adjusted and went on to win, crediting her disciplined preparation strategy.
The stock quoted a 52-week high price of Rs 3058.95 and a 52-week low of Rs 1759.2.
Saudi Arabia has denounced the killing of Hamas political bureau chief Ismail Haniyeh as a "blatant violation" of Iran's sovereignty. The condemnation came during an extraordinary Organisation of Islamic Cooperation (OIC) meeting in Jeddah. The OIC holds Israel responsible for the attack on Haniyeh in Tehran, which has led Iran to vow retaliation. The escalation, coupled with recent regional conflicts, has heightened tensions, prompting calls for de-escalation from the international community.
BJP MP Gulam Ali Khan accused the opposition of misusing Waqf property for 70 years, supporting Prime Minister Narendra Modi's call for transparency. Karnataka CM Siddaramaiah and NCP-SCP MPs criticized the bill, claiming it was unjust for the Muslim community and lacked stakeholder consultation. Opposition awaits further discussion before final judgement.
