Business

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On May 7

Petrol and Diesel Prices On May 7, 2024: Oil marketing companies have released petrol and diesel prices for May 7, 2024. The price of petrol and diesel is released daily. In such a situation, the driver should get petrol refilled after checking the latest rates. Let us tell you that fuel prices are different in all the cities.Before the Lok Sabha elections 2024, petrol and diesel prices were reduced by Rs 2 on March 14, 2024.Recently, the price...

181 VCs & ex-VCs call for action against Rahul over 'falsehoods'

A group of 181 current and former vice chancellors (VCs) along with heads of regulatory authorities such as the AICTE have issued an open letter urging "appropriate action" against Congress functionary Rahul Gandhi.

Indian techie, who got promoted in April, laid off after 7 years at Tesla: 'Entire team is down and out'

Electric vehicle manufacturing firm Tesla has been in the news, in the past few days, for laying off several employees across different departments. A man took to social networking platform LinkedIn to share that his sister had been laid off from Tesla, a month after she was promoted, after working at the company for seven years. "My sister had been with Tesla for 7 years. She got laid-off last Friday. The cold email read, "Unfortunately as a...

Titan gears up for CEO transition, identifies three internal contenders: Reports

Titan Company is back in throes of the corner office crisis, for the fourth time in its four-decade history, as the Tata Group entity begins hunt for a chief executive ahead of the impending departure of its third CEO. CK Venkataraman, the incumbent boss, has been given a second term extending for 14 months until December 2025. Having assumed the role on October 1, 2019, Venkataraman, who will reach the group's retirement age of 65 on October 30...

Rekha Jhunjhunwala Faces Rs 800 Crore Loss Today In Stock Market: What Went Wrong In 'That' Share? Check Here

Today, May 6, 2024, in a significant downturn, Rekha Jhunjhunwala has incurred a staggering loss of over Rs 800 crore in notional value.

Top News on May 6: Lok Sabha elections, calls for NIA probe against Kejriwal, Israeli offensive in Rafah and more

Delhi LG recommends NIA probe against CM Arvind Kejriwal for alleged political funding from banned outfit. Lok Sabha poll preparations concluded for 93 constituencies with high-profile candidates like Amit Shah in the fray. Israeli military orders evacuation in southern Gaza amid ceasefire efforts.

Lando Norris wins first-ever F1 race at Miami Grand Prix, social media erupts in celebration

This monumental win, Lando Norris's first, sparked jubilant celebrations not just at the podium, but across the globe.

Pannun killing plot’: Top Czech court halts moves to extradite Gupta to US

The Ministry of Justice representative also said there is no fixed timeframe by when the Constitutional Court will give its verdict on the merit of the extradition.

Mollywood actress Kanakalatha passes away at 63 after battle with Parkinson's and Dementia: Report

Actress Kanakalatha, 63, known for 350+ films and Tamil contributions, passed in Thiruvananthapuram due to Parkinson's/Dementia. Notable works include 'Pookkalam'. Prithviraj Sukumaran paid tribute on Instagram.

India VIX jumps above 16.5 amid election-led volatility; experts advise caution on leveraged positions

Volatility gauge India VIX, also known as Fear Index, surged to as much as 15 percent on May 6 to 16.58, prompting experts to advise caution against large leveraged positions. The rise in the VIX is a sharp rebound from the five-month low of 9.85 recorded on April 23, as elections progress. The volatility typically increases during general elections. Experts have suggested not to panic, but they also recommend reducing highly leveraged positions...

Gainers and Losers: 10 stocks that moved the most on May 6

On May 6, the Sensex was up 17.39 points or 0.02 percent at 73,895.54, and the Nifty was down 33.10 points or 0.15 percent at 22,442.70. About 1,213 shares advanced, 2,560 shares declined, and 159 shares unchanged. Anup Engineering | CMP Rs 2,070 | Shares of Anup Engineering zoomed 12 percent after the company recorded robust earnings in Q4. Company’s net profit for Q4 surged 47 percent to Rs 28.6 crore. Revenue also rose 9 percent YoY to Rs 156.9 crore in the quarter gone by, aided by a strong order backlog, which was up 62 percent. Brokerage firm ICICI Securities believes the robust order backlog of the company is ensuring strong growth prospects for the company going ahead. Zen Technologies | CMP Rs 1,033.90 | Zen Technologies stock fell 5 percent and got locked in lower circuit despite the company reported robust results in Q4. Zen Technologies Chairman and Managing Director Ashok Atlur told CNBCTV18 that company may see a decline in EBITDA margin for the full financial year. Atluri expects EBITDA margin at 35 percent for the current financial year, compared to the 43 percent margin it reported for the full year. Deepak Nitrite | CMP Rs 2,558.35 | Shares of Deepak Nitrite surged 4 percent after global brokerage Morgan Stanley double-upgraded the stock to "overweight" from its earlier rating of "underweight." The brokerage also raised the target price on the specialty chemicals stock to Rs 2,985, implying a 22 percent upside from the previous closing price. The price target has been raised to reflect a higher multiple for the base business and a higher medium-term capex. Indusind Bank | CMP Rs 1,497 | Indusind Bank stock gained nearly 1 percent after reports suggested that promoter company IndusInd International Holding (IIHL) will raise its stake in the lender to 26 percent from 16 percent in multiple tranches over the next two weeks. Tata Technologies | CMP Rs 1,045.50 | Shares of Tata Technologies plunged 3 percent after the company reported underwhelming results in Q4. The company's net profit for the March quarter fell around 8 percent on a sequential basis to Rs 157 crore as against Rs 170 crore a quarter ago. The drag on the bottom line was on account of muted revenue growth and lower other income due to a one-time deferred tax asset write back. Britannia Industries | CMP Rs 5,057.90 | Britannia Industries stock jumped 6 percent even after the company’s net profit fell more than expected. The company saw some market share revival as a result of the pricing action taken to remain competitive and higher investments in brands supported by distribution expansion. Paytm | CMP Rs 351.40 | Shares of Paytm fell 5 percent and hit the lower circuit after the digital payments and financial services firm announced the resignation of its COO and president, Bhavesh Gupta, via a regulatory filing over the weekend. CEAT | CMP Rs 2,495 | CEAT’s stock fell nearly 2 percent extending its losses from Friday. The company’s Q4 net profits fell due to higher rubber prices. Kotak Institutional Equities slashed target price on CEAT stock to Rs 1,850, saying that the company's margin could decline in the coming quarters. The price target implies a downside of 27.2 percent from the last close of Rs 2,544 on May 3. The brokerage has maintained a 'sell' on the counter. Force Motors | CMP Rs 9,749.95 | Shares of Force Motors gained 2 percent a day after the company announced healthy sales in the month of April. Force Motors’ small and light commercial vehicle and utility vehicles sales surged over 36 percent to 2,268 units in April, the company stated in a regulatory filing. Blue Dart | CMP Rs 7,195 | Blue Dart stock rallied 5 percent after the company’s in-line results for the quarter ended March 2024 left analysts impressed, prompting them to retain a 'buy' rating on the stock. Blue Dart is the market leader in India’s air express market with a 54 percent plus share and analysts believe that the company's structural turnaround story is intact and current transitory issues are on the brink of fading out.

IPL 2024 MATCH 56 | Delhi Capitals Vs Rajasthan Royals: Head to Head Stats

Apple Watch saves life: Delhi woman thanks Tim Cook for 'precise and advanced' features; CEO reacts

Apple Watch saves Delhi woman's life by detecting high heart rate, prompting AFib diagnosis. She thanks Tim Cook for advanced heart monitoring features.

Apple WWDC 2024: iOS 18 to get AI boost with an efficient and powerful Siri, suggest researchers

Apple’s WWDC 2024 on June 10 may reveal the new AI features for iOS 18. Speculation suggests Apple's focus on enhancing Siri, with research on small language models (SLMs) and multimodal AI. Further advancements include ReALM, Ferret-UI, and Keyframer, but details remain speculative.

Powerful tornado destroys US warehouse with 70 workers inside: Dashcam footage

The incident unfolded on the evening of April 26.

Disney and Comcast seek advisor to resolve Hulu valuation: Report

Walt Disney and Comcast are seeking to hire a financial adviser to resolve a dispute over how to value the 33% stake in streaming platform Hulu that the former will acquire from the latter, according to people familiar with the matter.The move is in accordance with a deal the companies struck for Hulu last year. It is an action their contract foresees if JPMorgan Chase, which provided a fairness opinion on Hulu for Disney, and Morgan Stanley,...

Court sentences 5 for promoting Islamic State ideology, spreading terror

Five people were given varying jail terms by a special NIA court in a case relating to a conspiracy by the banned Islamic State-Khorasan Province (ISKP) group to promote ISIS ideology.

Australia Accuses China Of Unsafe Behavior When Fighter Jet Released Flares In A Helicopter's Path

Australia has protested to Beijing that a Chinese fighter jet endangered an Australian navy helicopter with flares in international waters, officials said Monday.The incident occurred on Saturday as the Australian air warfare destroyer HMAS Hobart was enforcing United Nations Security Council sanctions against North Korea in international waters in the Yellow Sea, the Defense Department said in a statement.A Chinese Chengdu J-10 fighter jet...

SEVENTEEN claims no. 1 on Oricon chart, achieving record for most chart-toppers by an overseas act

SEVENTEEN continues their dominance on Japan's Oricon chart with '17 IS RIGHT HERE', their latest best album, selling a remarkable 333,000 copies in its debut week. This achievement marks their twelfth No. 1 on Oricon, extending their record-breaking streak as the top international artist on the chart. The album's success further solidifies SEVENTEEN's status as K-pop leaders, with 'MAESTRO' topping iTunes charts in 32 countries and new unit...

Rs 1200 cr gone! Rekha Jhunjhunwala's MASSIVE loss of Titan(s) - How much will she make from FY24 dividend

Rekha Jhunjhunwala Titan Shares: Part of the salt-to-aviation conglomerate, Titan witnessed a 7 per cent year-on-year (YoY) jump in its standalone net profit at Rs 786 crore. Its net sales in the January-March 2024 quarter advanced 17 per cent YoY to Rs 10,047 crore, as against Rs 8,553 crore in the same period last year.

Tornado Spotted In Silver, Texas, Amid Severe Weather Warning| PHOTOS

A large tornado is on the ground south of Silver, Texas. The twister was spotted as a severe weather warning was issued for Edith and Silver. As of now, no damage or injuries have been reported.

Rs 12 DIVIDEND per share announced by THIS PSU bank in Q4 results - Highlights

Indian Bank Dividend 2024, PSU Stock Dividend: Indian Bank is a PSU stock. The bank has announced to pay a whopping 120 per cent dividend on each stock.

Russia claims capturing 2 frontline villages in eastern Ukraine

Russia has claimed to have captured two villages in eastern Ukraine.The Russian defence ministry on Monday said that its forces had captured the village of Kotlyarivka in the Kharkiv region and the village of Soloviove in the Donetsk, according to AFP.The village of Soloviove lies in the part of the Donetsk province that Russia has annexed. In 2022, Russian President Vladimir Putin annexed four captured regions of Ukraine: Kherson, Zaporizhzhia,...

Shark Tank India: Entrepreneurs Reveal Why Makers Sent Them Legal Notice, Suspended Account - Exclusive

Dorje Teas, a subscription-based tea company, is among the many startups who have landed in hot water after receiving a legal notice from Shark Tank India makers. They received a copyright violation for using clips from their own pitch on YouTube and Meta ads. Times Now/ Telly Talk India brings you the exclusive details

Kyren Wilson wins world snooker championship for the first time after beating Jak Jones 18-14

SHEFFIELD, England: English player Kyren Wilson won the world snooker championship for the first time on Monday, beating Jak Jones of Wales 18-14 in a match between two surprise finalists at the Crucible Theatre.Wilson, who lost the 2020 final to Ronnie O’Sullivan, was never seriously troubled after flying into a 7-0 lead in the two-day final in Sheffield. He was nearly in tears as he potted balls at the end of the final frame.Neither the No....

Powerful Tornado Slams Into Lincoln, Nebraska Dashcam Video Captures Moment Of Impact | N18S

Powerful Tornado Slams Into Lincoln, Nebraska Dashcam Video Captures Moment Of Impact | N18S #usnews #tornado #storms #shorts n18oc_shorts

IRAS officer slams Puma ad featuring Milind Soman jogging on railway tracks: ‘It’s treated as trespassing’

Sharing the ad on X, IRAS Rupanagudi asked the sportswear brand to put a disclaimer on the video

Ukraine’s former Olympian weightlifter Oleksandr Pielieshenko killed in war against Russia

Oleksandr Pielieshenko, Ukraine's double European champion weightlifter and former Olympian, has been killed in the war against Russia. The tragic news was shared by the Ukrainian weightlifting federation on Monday. Pielieshenko, 30, won European gold in 2016 and 2017, and narrowly missed out on a medal at the 2016 Rio Olympics where he came fourth in the 85kg category."It is with great sadness that we have to tell you that the heart of the...

Has Prajwal case exposed rift in JD(S)?

Former Karnataka CM HD Kumaraswamy's response to sexual harassment accusations against JD(S) MP Prajwal Revanna reveals power struggles within the party.

Anand Mahindra promises to help Delhi boy managing food stall after father's death

Moved by Jaspreet's determination, Anand Mahindra shared a post on X, describing the 10-year-old as the epitome of courage.

Bitcoin Price Today: Cryptocurrency reclaims $65k-mark on rate cut hope

Bitcoin Price Today: The Labor Department's employment report showed the U.S. economy added fewer jobs than expected, while the unemployment rate ticked higher and wage growth unexpectedly cooled.

Salman Khan firing case: Mumbai Crime Branch arrests fifth accused from Rajasthan

In a major development from the Salman Khan residence shooting case, the Mumbai Crime Branch announced on Tuesday, May 7, that they have arrested a fifth suspect, Mohammad Chaudhary, in Rajasthan.

Pro-Palestinian protesters march outside Met Gala event, several arrested

Pro-Palestine protesters marched outside the Met Gala as celebrities headed to the annual fundraising event held for the benefit of the Metropolitan Museum of Art's Costume Institut in New York City.

Abu Hamza-led terrorists could be behind attack on IAF convoy

JAMMU: Combined teams of Army, paramilitary, and J&K police fanned out in a massive combing operation on Sunday in the mountainous forested terrain of J&K's Poonch, following the terrorist attack the previous afternoon on two IAF vehicles that left Corporal Vikky Pahade dead and wounded four of his colleagues.IAF mourned the loss of Corporal Pahade...

Water sports company employees rescue 2 boys from drowning at Mumbai beach

Employees of a water sports company saved two minor boys, Suraj Raut and Lakshman Kumar, from drowning at Versova Rock Beach in Mumbai on Sunday evening.

Israel-Hamas War: Animated map shows destruction in the Gaza Strip

Animated maps showing scale of destruction in the Gaza Strip as of February 29, 2024, according to UNOSAT data (latest data available as of May 6). The UN has estimated between 30 and 40 billion dollars the cost of rebuilding the Strip, ravaged for almost seven months by a devastating war between Israel and Hamas.

'Dangerous': Russia Summons French And British Envoys Over Remarks On Ukraine War

Recent statements by France’s president and Britain’s foreign secretary about the war in Ukraine are “dangerous” and will deepen international tension around the conflict, the Kremlin’s spokesman said Friday.French President Emmanuel Macron, in an interview published Thursday, repeated an earlier comment that he doesn’t exclude sending troops to Ukraine. U.K. Foreign Secretary David Cameron, meanwhile, said during a visit to Kyiv the same day...

Behold David Corenswet's Superman! James Gunn debuts first look at Man of Steel's new suit

First look at David Corenswet's new Superman suit revealed!

Bank Stock under Rs 150: Highest-ever DIVIDEND declared after stock split

Bank Stock under Rs 150: Jammu and Kashmir Bank has announced a dividend of Rs 2.15 per equity share, which is its highest-ever after stock split in 2104. The bank had split its shares from face value Rs 10 to Re 1 in 2014. Since then, the bank had paid three dividends​​ - Rs 2.10 in 2015, Rs 1.75 in 2016, and Rs 0.50 in 2023.

Pulitzer Prize 2024: Reuters, AP, The New York Times among winners in journalism. Check full list here

The 108th Pulitzer Prize ceremony at Columbia University honored excellence in journalism, literature, drama, and music, against extraordinary circumstances. The New York Times won for reporting on the Gaza conflict.

5 dead in Uttarakhand wildfires, over 1,000 hectares of forest destroyed

Five people have died in the raging Uttarakhand forest fires so far, with the latest being a 65-year-old woman who succumbed to burn injuries. Over 1,000 hectares of forest have been destroyed in the state in 910 fire incidents since November last year.

Tesla layoffs: Elon Musk's company cuts more jobs in these teams, report claims

Tesla layoffs: Employees at Tesla received emails over the weekend as part of broader layoffs, it was reported.

HPBOSE 10th Result 2024: Himachal Pradesh Class 10 results declared

HPBOSE Himachal Pradesh Class 10 results declared. Check details here

iPhone users get a new WhatsApp update- Here's what's new and all features explained

WhatsApp has released a new update for iOS users, introducing green buttons and redesigned icons. This global update enhances the app's interface and video calling functionality.

COVID-19 Vaccine: New All-In-One Vaccine Could Be Effective Against All Coronavirus Variants

An all-in-one vaccine currently in development could protect people from future COVID-19 variants, along with SARS, MERS, and new strains of other coronaviruses from other animals. Read on to know more about it.

Delhi Liquor Policy Case: Court Denies Bail To BRS Leader K Kavitha

A Delhi Court on Monday turned down the bail plea of BRS leader K Kavitha in both the cases registered by probe agencies Central Bureau of Investigation (CBI) and Enforcement Directorate (ED), related to the Delhi liquor policy case.Special CBI Judge Kaveri Baweja hearing the case at Delhi’s Rouse Avenue Court turned down the request, in yet another setback to the BRS leader ahead of the Lok Sabha polls. Find Lok Sabha Election 2024 Phase 3...

Erik ten Hag takes blame for Manchester United's thrashing vs Crystal Palace

Manchester United manager Erik ten Hag has taken the blame for his team's 4-0 thrashing against 14th placed Crystal Palace. United remained at the 8th position in the Premier League points table, far away from the Champions League spots.

Mumbai girl, 15, who lost right arm after an electric shock, scores 92% in ICSE

Almost two years ago, Mumbai girl Anamta Ahmed - then 13 years old - suffered a massive shock and extensive burn injuries after she touched an 11KV cable while playing with her cousins on a visit to Aligarh. Her right arm had to be amputated and the left one was left only about 20% functional. She was bedridden for over 50 days and underwent extreme trauma. Eventually, she recovered and picked up the pieces of her life.

Coal India Dividend 2024: PSU stock to pay 50% cash reward on each share

Coal India Dividend Stock 2024: Coal India Limited has announced a 50 per cent dividend payment for its shareholders for the financial year 2023-24. Check dividend amount, share price, dividend yield, share price history, and more.

What to expect from Apple’s iPad event on Tuesday

Apple is holding a standalone iPad event at 7:00 a.m. PT/7:30 p.m. IST on Tuesday. The event will be streamed on Apple s website and YouTube channel.