Teachers' Day, celebrated annually on September 5 in India, honors educators' efforts. It marks Dr. Sarvepalli Radhakrishnan's birth anniversary. The article shares various messages, quotes, and wishes to express gratitude towards teachers for their dedication and hard work in shaping students' futures.
Stocks in news: Equity markets paused after a 14-day winning streak, closing lower on Wednesday amid weak global trends. Key stocks in focus include GIC Re, RIL, Vedanta, Sona BLW, PNB Housing Finance, and Suzlon Energy due to various developments such as stake sales, fundraising plans, and business expansions.
The yen strengthened as the dollar remained weak, with investors anticipating a Federal Reserve interest-rate cut. Japan's Nikkei 225 fell, while South Korea and Australia saw gains. US futures were stable after a slight drop in the S&P 500 and Nasdaq 100. Key economic data, including Friday's payrolls report, will influence future rate decisions.
A 14-year-old boy killed two students and two teachers, injuring nine others in a shooting at Apalachee High School in Winder, Georgia. The suspect, Colt Gray, was apprehended and will be tried as an adult. The incident has reignited the national debate on gun control. President Biden and other leaders have expressed their condolences and called for action to prevent such tragedies.
Prime Minister Narendra Modi's visit to Singapore highlights the growing importance of the semiconductor sector for India. During his trip, he will tour a semiconductor facility and engage in discussions with Singaporean leaders. This visit aims to strengthen bilateral ties and explore opportunities for collaboration in semiconductor manufacturing, talent development, and knowledge sharing. Singapore's well-developed semiconductor industry offers potential benefits for India's technological advancements and economic growth.
Omar Abdullah, NC vice-president, filed his nomination from Ganderbal constituency and accused BJP of using independent candidates to manipulate the assembly elections. He urged voters to reject BJP's tactics and promised to serve the people of Ganderbal. Abdullah faces his former party colleague Ishfaq Jabbar, who recently floated his own political party.
KKR is talking to BookMyShow, India's largest online ticket-booking platform, to rejig the details of the $250-300 million investment it was planning for a minority stake. Zomato recently bought Paytm's live ticketing business in a deal valued at over Rs 2,000 crore.
The chemical recycling and sustainability startup will use the funds to expand the team, develop tech platform, push R&D for advanced material recovery, and scale its operations. RecommerceX targets medium to large manufacturing companies and engineering, procurement, and construction (EPC) firms as its primary customers.
The strategy is to go beyond attracting core technology companies and to persuade large multinationals from diverse sectors to make Telangana their tech hub, Telangana industries and IT minister Duddilla Sridhar Babu said. This is over and above the $4.4 billion investment that the Washington-based company announced two years ago dedicated for its Hyderabad region, he said.
Some of Mobikwik’s investors have taken to social media channels like ‘X’ and Reddit to flag their concerns around changes in their investment terms and conditions. “Received an email today from MobiKwik regarding certain changes they have (made) to their P2P programme named ‘Xtra’ due to recent guidelines from the RBI. Now I can only see the principal amount and no option to withdraw it," wrote a user on Reddit on Tuesday.
Some companies under the government's production-linked incentive (PLI) scheme have consistently met and sometimes exceeded production and sales targets, a senior government figure told ET. They are now seeking additional incentives by way of a "good faith" measure.
Asthana, a chief executive in Tata’s ecommerce venture, was the CBO at Nykaa for four years and was also on the company’s board. Nykaa said in its petition that such a high position in the company made him privy to confidential business data. Nykaa said it granted Asthana an exception to join a direct rival despite having a non-compete agreement with him.
In a recent post on microblogging portal X, Kharge said Karnataka is the fourth largest technology cluster in the world and the leader in the country in many verticals. The southern state has over one-third of India’s tech talent and close to 25,000 startups, 52 unicorns (startups with valuation of $1 billion or more) and 47 soon to be unicorns.
It was a mild corrective jerk for the markets; the Nifty opened on a negative note but trended higher during the day to recoup a portion of its losses. The Nifty saw a nearly a gap-down opening as it opened over 190 points lower. However, it also formed its high point in the early seconds of the session. While putting its intraday bottom in place, the Index slowly higher and in the process recouped a significant portion of the opening losses. The benchmark index closed with a net loss of 81.15 points... Читать дальше...
While it is not very apparent, the fact is that midcap stocks are witnessing a correction, a correction which is taking the form of a rotational profit booking move. A rotational move in terms of one set of stocks from a sector witnessing correction, while the other moves up — like IT stocks not doing well on Wednesday but pharma stocks doing well. During this phase, analysts are bullish on select stocks from different sectors, a number of stocks on which analysts are bullish are essentially leaders... Читать дальше...
JSW Neo Energy and Oil & Natural Gas Corp (ONGC) are the final contenders to acquire Ayana Renewable Power, a green energy firm controlled by the National Investment & Infrastructure Fund (NIIF). After receiving non-binding offers from four parties in April, JSW Neo Energy and ONGC advanced to the due diligence phase, with revised offers valuing Ayana between $1.6 billion and $1.8 billion.
Swedish private equity fund EQT is set to acquire Los Angeles-based healthcare BPO company GeBBS Healthcare Solutions for about $870 million. The deal, which outbid Hillhouse Investment, is expected to be signed soon. GeBBS, founded in 2005, employs 14,000 workers globally and competes with major firms like Wipro and IBM.
Britannia Industries is in talks to acquire a controlling stake in Kishlay Foods, a Guwahati-based snack manufacturer, valued at `600-700 crore. This acquisition would help Britannia expand its market presence in the Northeast and enter new categories like noodles and tea. The deal is currently in due diligence stages.
US mass shooting has once again come back as a nightmare as four people were shot dead in Apalachee High School in Winder, Georgia on Wednesday.
Kamala Harris is earnestly trying to hold on to her lead in the US Polls 2024, but Donald Trump still appears to hold the key to the results of the US elections 2024, where the Republicans are still holding a majority, based on the polls.
FDC, a pharma stock, surged over 20% in the last three months, breaking out from an upward Rising Channel formation. Experts suggest it could reach 600 levels soon. The stock hit a record high of Rs 552 on September 2, 2024, but saw mild profit-taking. It remains above key moving averages, indicating bullish momentum.
Happy Teacher's Day 2024 Wishes: Teacher's Day offers a moment to honor educators for their significant contributions. The article provides heartfelt wishes and messages for teachers, colleagues, bosses, students, and friends, celebrating their roles in shaping our lives. It emphasizes gratitude and admiration for their dedication and lasting influence on our learning journey.
US Presidential election 2024 debate between Donald Trump and Kamala Harris is taking place on September 10.
The Nvidia stock is currently nearly 20% off its major height point, according to analysts but is still shivering at a recovery point this September. The results of the 2025 second fiscal quarter ended on July 28, but it ended up being better than expected, suggest analysts.
