New York State Common Retirement Fund boosted its holding by 70%, while Commonwealth and Axxcess each raised stakes by about 17%. Five investors disclosed new or larger Sellas stakes, led by ALPS Advisors’ $2.78 million position. Cash rose to an estimated $138.3 million as takeover chatter grew around executive change-of-control provisions. Sellas lost its arbitration … Read more
27 Image Credit : Asianet News Kashmir attracts tourists from all over! Taking a ride on Dal Lake, the soul of Srinagar, early in the morning feels almost like meditation. The sun’s first golden rays break through the mist and reflect on the calm water, a sight that will leave you spellbound. These wooden ‘shikara’ … Read more
Vertiv CEO reassured about strong AI data center demand despite second-quarter revenue pressure. Evercore ISI slashed Vertiv’s price target to $375 but maintained an Outperform view. The firm believes temporary supply chain delays and complex project timelines caused revenue weakness. Vertiv CEO Giordano Albertazzi said global data center demand remains strong, with growth momentum continuing … Read more
<p>The state government has already launched the Annapurna Yojana for women in Bengal, which provides Rs 3,000 per month. However, another portal is set to launch on August 1st.</p><img>After the BJP government came to power in Bengal, they launched the Annapurna Bhandar scheme. Lakhs of women are receiving a monthly allowance of Rs 3,000. Many … Read more
Congress MP Randeep Surjewala rejected apology demands for Rahul Gandhi over his remarks on student protests, asserting he spoke the truth and instead demanding Union Home Minister Amit Shah apologise for the alleged use of pellet guns on protestors. ‘Won’t Apologise for Truth’: Congress Demands Shah’s Apology Congress Rajya Sabha MP Randeep Singh Surjewala on … Read more
India’s global structural ranking has significantly improved, moving up 25 places from 82nd in 2010 to 57th in 2023. The Ministry of Commerce & Industry attributes this to structural and pro-competitive reforms, citing a Competere Foundation report. India’s position in structural and global rankings has improved from 82nd to 57th as per a statement by … Read more
Qualcomm CFO Akash Palkhiwala said the company expects Apple-related revenue to decline by roughly 50% sequentially from the fourth quarter to the first quarter. Palkhiwala added that the shift “accelerates the exit of Apple revenue out of our model,” though he expects growth in Qualcomm’s Android business to significantly offset the decline. Wells Fargo lowered … Read more
Following violence in Nepal’s Madhesh region that has claimed two lives, top leaders including President Paudel, KP Sharma Oli and former King Gyanendra Shah have appealed for calm and unity. Curfews have been imposed in three districts. Amid the continued violence that had spiralled and gripped Nepal’s southern plains, the country’s top political figures, including … Read more
Uttarakhand CM Pushkar Singh Dhami inaugurated the Kalash Bandhan Maha Rally in Bhagwanpur for Sant Guru Ravidas Ji’s 650th birth anniversary, emphasising the saint’s message of social harmony, equality, and a discrimination-free society. Uttarakhand Chief Minister Pushkar Singh Dhami inaugurated the Kalash Bandhan Maha Rally organised at Chudiyala, Bhagwanpur, on the occasion of the 650th … Read more
EAM S Jaishankar told his Ukrainian counterpart Andrii Sybiha that attacks on commercial vessels and Indian seafarers in the Black Sea are ‘absolutely unacceptable’. The two also discussed the Ukraine conflict and ongoing peace negotiations. External Affairs Minister S Jaishankar on Thursday held a phone conversation with his Ukrainian counterpart Andrii Sybiha and discussed attacks … Read more