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Triveni Turbine stock reaches all-time high after strong quarterly results

Triveni Turbine's stock has surged 27.5% over two sessions, reaching a record high. This spike follows the company's impressive performance in the July-September quarter, which included its highest-ever quarterly revenue and EBITDA, alongside a record closing order book in Q2.
Moneycontrol
Triveni Turbine Limited IND
Finance & Economy, Market Report
10:07 26.11.2024

parliament considers bill to increase insurance fdi limit and composite licences

Parliament is set to consider a bill that would raise the foreign direct investment (FDI) limit in insurance to 100% and introduce composite licenses. This change would enable insurers to offer life, general, and health policies under one entity, enhancing product diversification. Additionally, insurance agents may gain the ability to sell policies from multiple companies.
Moneycontrol
Apple Inc. IND
Finance & Economy, News Article
10:02 26.11.2024

Turkey seeks US waiver to continue payments for Russian gas imports

Turkey is negotiating with the US for a sanctions waiver to continue using Gazprombank for natural gas payments to Russia. Energy Minister Alparslan Bayraktar emphasized that without this exemption, Turkey would be unable to pay for gas imports, jeopardizing its energy supply.
bloomberg.com
United States Dollar Russian Ruble Gazprombank TUR Alparslan Bayraktar
Finance & Economy, News Article
10:00 26.11.2024

quebec forecasts eleven billion dollar deficit amid economic recovery and spending increases

Quebec's GDP growth is now projected at 1.2% for 2024, leading to an $11 billion deficit for the current year, partly due to a $2.5 billion increase in portfolio spending. The government plans to finance new spending through an increased capital gains tax inclusion rate, expected to generate $2.5 billion over five years. Despite criticisms of austerity, Finance Minister Eric Girard asserts that spending has risen by 6.5% from 2023-2024 to 2024-2025.
Radio-Canada
Canadian Dollar Apple Inc. CAN Haroun Bouazzi Fred Beauchemin Vincent Marissal François Legault Marc Tanguay Donald Trump Sonia LeBel Eric Girardi Pascal Paradis Show more
Finance & Economy, News Article
10:00 26.11.2024

women outperform men in formal job market during first half of fiscal year

In the first half of FY25, women outperformed men in India's formal job market, with new enrollments in the Employees’ Provident Fund (EPF) rising by 5.5% for women, while male enrollments fell by 1.6%. Women's share of new EPF enrollments increased to 27.4%, despite overall enrollments remaining flat. This positive trend is evident across both high-paying and lower-paying job sectors.
Moneycontrol
Employees’ Provident Fund IND
Finance & Economy, Market Report
09:59 26.11.2024

huawei shifts to homegrown software with new harmonyos devices in china

Huawei Technologies Co. will transition its smartphones and tablets away from Google's Android to its own HarmonyOS Next starting next year, signaling a shift towards indigenous technology. The new flagship Mate 70 will lead this change as the company aims to reclaim the premium market in China from Apple Inc. and establish a tech ecosystem independent of US providers.
bloomberg.com
United States Dollar Apple Inc. Google Inc. Huawei Technologies CO. Ltd. USA CHN Show more
Technology & Innovation, News Article
09:56 26.11.2024

Middle East de-escalation leads to declines in oil silver and wheat prices

Brent crude oil, silver, and wheat prices have declined amid hopes for a ceasefire between Hezbollah and Israel. Brent crude approached its resistance zone before falling, while silver retested its uptrend line, and US wheat prices hit a three-month low, with key support levels in sight.
IG
ISR Show more
TradFi, Market Report
09:55 26.11.2024

Transport Corporation poised for growth with strong logistics strategy and revenue outlook

Motilal Oswal has reiterated a BUY rating for Transport Corporation of India (TRPC) with a target price of Rs 1,290, citing a robust 11% YoY revenue growth in 1HFY25 across its diversified service offerings. The company is expected to maintain a 15% revenue CAGR over FY24-27, driven by strong demand in the supply chain and freight divisions, alongside a strategic focus on multimodal logistics.
Moneycontrol
Indian Rupee Transport Corporation of India Limited IND
Finance & Economy, Market Report
09:55 26.11.2024

Dixon Technologies receives buy rating with target price of 17500 rupees

Motilal Oswal has reiterated a BUY rating for Dixon Technologies with a target price of Rs 17,500, citing strong growth prospects in the mobile segment despite the PLI scheme ending in FY26. The company is expected to maintain margins through backward integration and expansion into new segments, supporting overall growth.
Moneycontrol
Indian Rupee Dixon Technologies (India) Limited IND
Finance & Economy, Market Report
09:47 26.11.2024

freenet AG expands telecommunications services and retail presence in Germany

freenet AG, a network-independent telecommunications provider in Germany, specializes in telecommunications, television, internet, and mobile devices. The company emphasizes direct customer relations through approximately 520 boutiques and 40 GRAVIS stores, alongside exclusive marketing rights for mobile services on Telekom and Vodafone networks in over 400 electronics stores.
Zonebourse
Vodafone 2. UBS Telekom DEU Show more
TradFi, Market Report
09:47 26.11.2024
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