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The first shipment of advanced US weapons and equipment has arrived in Israel to support its fight against Hamas. The delivery was made through a joint operation involving the Israel Ministry of Defence, the US Procurement Mission, and the International Transportation Unit. The US has already begun delivering munitions and military equipment to Israel, with further supplies being reviewed. President Joe Biden condemned the terror attacks carried out by Hamas and pledged support for Israel.
Infosys Foundation founder Sudha Murthy said compassion is the basis of the foundation's work. "While social innovations are less lauded than technological, they are what the country needs today...which is what Aarohan awards encourage," she said.
India experienced an all-time high in electricity demand last week due to hot weather and increased irrigation needs. The maximum demand met on August 17 reached 234 GW, surpassing the predicted 229 GW for the summer. The rise in demand was attributed to a dry spell in some regions and humid weather. Cooling appliances and irrigation were major contributors to the increased demand.
While last week nifty did witness corrective movement. While the overall trend is still bullish and valuations are still at elevated levels. In such times, it would be better that while looking at stocks one should also focus on reducing the risk by taking a hard look at some numbers which are critical indicators. Refinitiv’s Stock Report Plus which lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “hold” or “buy” or "strong buy".
The IPO comprises a fresh issue of 55 lakh shares and an offer for sale of 37.2 lakh shares. Under the OFS, promoter Credence Financial Consultancy will sell 37.2 lakh shares.The issue is priced in the range of Rs 151-166, where investors can bid for a minimum of 90 shares in one lot and in multiples thereafter
A software company with a net margin of 10% is probably not worth looking at. But if an infrastructure and construction company has a net margin of 10% it is not bad at all. The best construction player in India strives to get double digit numbers, but it has been able to create wealth for its stakeholder. Every industry has its own matrix which should be taken into account before investing. ET screener powered by Refinitiv’s Stock Report Plus lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".
Over 68,000 Indian Army soldiers and military equipment, including tanks, artillery guns, and radar systems, have been rapidly deployed to the Line of Actual Control in eastern Ladakh following the deadly clashes with China in the Galwan Valley. The Indian Air Force deployed its Su-30 MKI and Jaguar fighters to conduct surveillance and intelligence gathering, while remotely piloted aircraft maintained a watch over Chinese activities.
"The Last Voyage of the Demeter" sinks with a $6.5 million debut, and "Barbie" stays strong at $33.7 million. Universal's "Oppenheimer" earns $18.8 million, while Paramount's "Teenage Mutant Ninja Turtles: Mutant Mayhem" makes $15.7 million. "Meg 2: The Trench" dropped to $12.7 million.
Pyramid Technoplast aims to raise anywhere between Rs 139 crore - Rs 153 crore through the IPO and the post implied market cap is likely to be around Rs 611 crore.
Backers of AI predict a productivity leap that will generate wealth and improve living standards. Consultancy McKinsey in June estimated it could add between $14 trillion and $22 trillion of value annually - that upper figure being roughly the current size of the U.S economy.