By Reed Stevenson and Eduard Gismatullin Elon Musk will receive an MRI of his neck and upper back on Monday and may require surgery, the 52-year-old said in a post on his X platform, formerly known as Twitter. The world’s richest person said he will know this week whether surgery… Continue reading May need surgery, will get MRI on back, neck, says Musk before cage fight
Bears may tighten grip on OMC stocks as Crude Oil trades at 6-week high
Web Exclusive Premium OMC stocks are under pressure Oil prices surged for the 6-consectuive week, climbing a 3-month high post displaying a strong accumulation near $70 per barrel from March to June of this year. This is the sharpest and straight up jump the Brent Crude has observed following an intense sell-off since… Continue reading Bears may tighten grip on OMC stocks as Crude Oil trades at 6-week high
Five-day work week in banks soon as industry demand gets nod from IBA
In a meeting held last month, the Indian Banking Association (IBA) gave its nod to the industry’s demand for five days of banking, The Hindu BusinessLine (BL) reported on Monday, citing sources. The proposal has now been sent to the finance ministry for its final approval. “The matter has now been escalated to the… Continue reading Five-day work week in banks soon as industry demand gets nod from IBA
Paytm founder set to acquire 10.3 per cent stake in the company from Antfin
Vijay Shekhar Sharma, founder and chief executive officer of One 97 Communications, is poised to purchase a 10.3 per cent stake in Paytm from Antfin (Netherlands) Holding BV, as the company notified the exchanges on Monday. According to the company’s regulatory filing, Sharma will acquire the stake in Paytm through his wholly-owned overseas… Continue reading Paytm founder set to acquire 10.3 per cent stake in the company from Antfin
Modi government significantly enhancing border infrastructure: S Jaishankar
Jaishankar said India is boosting connectivity with Bangladesh, Nepal and Bhutan | Photo: Twitter The Modi government has significantly enhanced border infrastructure in the last nine years, including along the frontier with China, External Affairs Minister S Jaishankar said on Monday. In an interaction with a group of journalists, he said infrastructure push… Continue reading Modi government significantly enhancing border infrastructure: S Jaishankar
Curfew in Haryana’s violence-hit Nuh to be lifted today from 9 am to 1 pm
The curfew in Haryana’s violence-hit Nuh district will be lifted for the movement of the public from 9 am to 1 PM on Sunday as part of the attempt to restore normalcy. Earlier on Sunday as well curfew was lifted from 9 am to 12 noon. “Curfew will be relaxed on Monday,… Continue reading Curfew in Haryana’s violence-hit Nuh to be lifted today from 9 am to 1 pm
Donald Trump seeks recusal of judge, change of venue in January 6 case
Former United States President Donald Trump claimed that there is “no way” he will get a fair trial over the 2020 election fraud case, that he faces, and called for moving the case to a different venue and a different judge to oversee the federal case, New York Post reported. “NO WAY I… Continue reading Donald Trump seeks recusal of judge, change of venue in January 6 case
Stellantis may re-introduce Fiat in India; Jeep, Citroen primary focus
Man walks past a Fiat logo at a showroom in Noida. Photo: Reuters Stellantis, the world’s third largest car manufacturer by volumes, is considering re-introducing Fiat and other key brands in the Indian market, The Economic Times (ET) has reported. Besides Fiat, Stellantis may also introduce brands like Alfa Romeo in India. However, the… Continue reading Stellantis may re-introduce Fiat in India; Jeep, Citroen primary focus
Is it too early to call out a bull market peak?
While India’s broader markets havefulfilled the condition of entering a bull market from March 2023 lows, or even year-to-date ( YTD), the benchmark index NIFTY50 is up by only a modest per cent, which in no way qualifies as a bull market frenzy and indicates rational behavior, noted a report by ICICI Securities. “Going by… Continue reading Is it too early to call out a bull market peak?
Telecom intra stocks in focus; Birla Cable, Sterlite Tech surge up to 20%
Shares of telecom infrastructure companies were in focus as they rallied up to 20 per cent on the BSE in Monday’s intra-day trade after the Union Cabinet approved an allotment of around Rs 1.3 trillion for the next phase of BharatNet. Birla Cable, Universal Cables and Vindya Telelinks hit their respective 52-week highs and zoomed… Continue reading Telecom intra stocks in focus; Birla Cable, Sterlite Tech surge up to 20%