Page 21 - Ortfolio Allocation News Today

Earnings of Man Industries (India) Ltd (MAN) in Q3FY23-24 were lower than expected in terms of revenue and operating margins; the management had earlier guided for earnings before interest, taxes, depreciation and amortisation (EBITDA) margin of 10% and year-on-year (y-o-y) growth of around 40% to 50%.

Retired schoolteacher Eloise Parker lives by herself in Massachusetts, but she has a tenant in her barn, Adam Clay, living a quiet life as a beekeeper.

Former Prime Ministers Chaudhary Charan Singh and P.V. Narasimha Rao, and legendary agricultural scientist Dr M.S. Swaminathan will be honoured with the Bharat Ratna, announced Prime Minister Narendra Modi on Friday.

The US Federal Communications Commission (FCC) has barred robocalls with voices generated by artificial intelligence (AI) to protect consumers from voice-cloning scams.

Reserve Bank of India (RBI) has imposed a penalty of Rs1.13 crore on four cooperative banks, including Bombay Mercantile Cooperative Bank Ltd, for non-compliance with the directions issued by the banking regulator. The highest penalty of Rs63.30 lakh has been imposed on Bombay Mercantile Cooperative Bank.

Welcome to the fifth part of our Wealth Creators study. As you are aware, Wealth Creators is our annual series where we write about stocks that have generated huge wealth for shareholders in the preceding10 years. We also discuss a few wealth-creating stocks in each part. In case you missed the earlier parts of this series, you may read here: part 1, part 2, part 3 and part 4.

An IndiGo Airlines New Delhi-Mumbai flight returned to the Delhi airport early on Friday as some passengers complained of a stench inside the aircraft.

There is so much news about the progress of the Indian Railways. The new fast train from Mumbai to Ahmedabad, with Japanese technology, will create a new standard for rail travel in India.

Entero ranks amongst the top three healthcare products distributors in India in terms of revenue in FY21-22 having scaled up its business at a scorching pace, reaching Rs2,500 crore of operating income within four years of operations between FY18-19 and FY21-22.

In a dynamic trading session on Friday, the Nifty managed to recover, reclaiming the 21,790 mark, while the Sensex recorded modest gains of approximately 150 points. However, the broader market indices, particularly the midcap and smallcap indices, faced downward pressure, each declining by 1%.