US Congressman Don Beyer expressed that a Democratic win in the upcoming presidential elections in November would be "very healthy" for India-US relations. He highlighted the strong relationship between Prime Minister Narendra Modi and US President Joe Biden.
Brokerage firms have issued diverse stock recommendations: UBS endorsed Shyam Metalics as a buy, Jefferies upgraded IndiGo and Zomato to buy, CLSA maintained Vedanta at outperform, and Citi kept a sell rating on Paytm but increased its target price. The firms pointed to strong growth prospects and strategic moves influencing their ratings.
The bill aims to ensure that all marriages and divorces within the Muslim community are formally recorded and regulated by the state authorities. The upcoming assembly session will see the introduction and potential passage of this bill.
The tech giants have faced scrutiny around the world over the dominance of their respective App Store and Google Play store platforms, which critics say impose unfair charges on app developers and limit competition.
Sharad Pawar, the Nationalist Congress Party (NCP-SCP) supremo, has commented on the public reaction to the recent Badlapur incident, indicating there is "uneasiness" among the people for political change in Maharashtra.
Heramba Sankashti Chaturthi, dedicated to Lord Ganesha, is being observed on August 22, 2024. Devotees performed rituals and observed fasting, breaking it after moonrise. The celebrations honored Lord Ganesha's five-headed form, with believers hoping for peace, prosperity, and the removal of life’s obstacles through their worship and rituals.
The Fund delivered 11.5% in July viz-a-viz benchmark (BSE TRI) of 4.4% thus generating an alpha of 7.0%. This is primarily due to bottom-up stock selection and sizing the high conviction stocks 9 stocks in the portfolio have generated returns ranging from 100-300 percent in the portfolio.
Walt Disney has appointed James Gorman, Morgan Stanley's executive chairman, to head its succession planning committee for a new CEO. Bob Iger's retirement has been extended five times; Iger stepped down but returned in 2022. The board prioritizes succession, with Gorman ceding his current role in December.
The 200-day DMA is a key indicator used by traders to assess the overall trend of a stock.
CDSL revealed a 1:1 bonus share issue for eligible shareholders, with the record date set for August 24, 2024. Because August 24 is a Saturday, August 23 was determined to be the ex-date, making it the deadline for buying shares to qualify for the bonus.
Professor Manas Kumar Bandopadhyay has been appointed as the principal of RG Kar Medical College and Hospital in Kolkata. This appointment follows Prof Suhrita Paul's recent appointment as the principal of Barasat Government Medical College and Hospital, as announced by the West Bengal Health Department.
An Air India flight from Mumbai to Thiruvananthapuram faced a bomb threat, leading to a full emergency at the airport and evacuation of 135 passengers. Similar threats recently targeted a Vistara flight and various hospitals and malls in Delhi-NCR, all of which were confirmed hoaxes after thorough checks.
