Apple is making a major change to its repair policy by allowing customers and third-party providers to use used Apple parts in repairs. This will ensure privacy, security, and product longevity. The company will also track used parts with the Activation Lock feature to prevent stolen iPhones from being disassembled.
GIFT Nifty predicts a lacklustre opening for Indian equity indices on Friday, with focus on key stocks such as Bajaj Finance, Tech Mahindra, IndusInd Bank, L&T Technology Services, IndiGo, Tata Steel, Aster DM Healthcare, Cyient, and Life Insurance Corporation of India. Other important updates include Tata Motors' merger proposal, NHPC's dispute with L&T, NTC Industries.
JNK India IPO allotment to be finalized today, check status on Link Intime India Private Ltd. portal. High subscription rate of 28.13 times, driven by QIBs and NIIs. Grey market premium at +85, analysts predict listing price of Rs 500, reflecting positive anticipation for strong listing.
IMD has issued red alerts for extreme heatwave conditions in Gangetic West Bengal and Odisha, predicted to last for five days. Heat illness and stroke are possible. Heatwave alerts for isolated pockets in Bihar, Jharkhand, Coastal Andhra Pradesh, Yanam, Telangana, Rayalaseema, Interior Karnataka, and East Uttar Pradesh.
Bajaj Finserv's Q4 FY24 results showed a 20% increase in net profit compared to the previous year, with a net interest of Rs 14,649.29 crore. The board of directors recommended a dividend of 1 per equity share, to be credited/dispatched on July 26 or 27, 2024. Shri Madhur Bajaj has expressed his intention to step down from the company due to health reasons, and the board
Effective May 1, ICICI Bank, India's second largest bank, will implement changes in charges for various services including ATM usage, debit card, cheque book, IMPS, and more. The bank offers a variety of savings accounts and convenient banking options, but there are fees for services such as cheque book, duplicate pass book, IMPS, and cash deposit.
Cube Highways Trust, managed by Cube Highways Fund Advisors Pvt Ltd, will acquire seven highway assets worth Rs 5,172 crore from Singapore-based Cube Highways and Infrastructure III Pte Ltd and Cube Highways Infrastructure Pte Ltd. The assets span across Andhra Pradesh, Maharashtra, Telangana, and Tamil Nadu and will expand InvIT's asset portfolio. Board of directors have approved the acquisition.
Anant Ambani's opulent watch collection boasts rare and intricate timepieces, like the Patek Philippe GrandMaster Chime, Audemars Piguet Royal Oak Concept GMT Tourbillon, Patek Philippe Nautilus Travel Time with diamonds and rubies, and the Richard Mille RM 56-01 Tourbillon with a green sapphire case.
Botox, a popular cosmetic treatment for wrinkles, is also used for other medical conditions such as neck spasms, overactive bladder, and even migraines. The injections work by blocking neurotransmitters involved in pain signaling. Studies have shown that Botox can effectively reduce the frequency and severity of chronic migraines for up to 8-10 months.
The Noida International Airport has completed air calibration for the crucial DME and DVOR systems, which aid navigation, landing, and aircraft departure. The calibration commenced with the inaugural flight of the Beechcraft King Air B300 and is a milestone achievement for the greenfield airport in Jewar.
A salary slip is an important document for employees as it includes both taxable and non-taxable components. The tax-saving amount is influenced by the company's salary structure. While basic pay and HRA are common, other elements like medical allowance and bonuses differ. The Indian government has a new tax regime, but the old one still offers deductions and exemptions.
Bajaj Finance's stock saw a 7% decline on Friday, April 26, when the company announced its Q4 results. Despite a 21% YoY increase in net profit and a 28% YoY rise in net interest income, the stock dropped due to a contraction in net interest margin. Brokerages remain positive on the company's growth potential, but express concerns over its diversification into new product segments.
The second phase of Lok Sabha Elections in Jammu is taking place under tight security, with 17.81 lakh voters choosing from 22 candidates including BJP's Jugal Kishore Sharma, Congress' Raman Bhalla, and Ekam Sanatan Bharat Dal's Ankur Sharma. Long queues and comprehensive security measures were seen at polling stations, with over 15,000 polling personnel deployed.
Maruti Suzuki's net profit in Q4 of FY24 increased by 47.8% to Rs 3,877.8 crore compared to the same quarter in FY23. The company's revenue from operations also saw a growth, reaching Rs 38,234.9 crore in Q4 of FY24.
A study found that neotame, a common sweetener, can negatively affect gut health and lead to conditions such as irritable bowel syndrome, insulin resistance, and sepsis. Other artificial sweeteners may also have harmful effects. More research is needed on newer, highly concentrated sweeteners.
Tech Mahindra, India's fifth-largest IT company, experienced a remarkable surge of over 12% in today's intraday trading, reaching Rs 1347 per share. This upsurge indicates the market's optimistic reaction to the company's ambitious future plans, despite its modest financial results for Q4 FY24 and the full fiscal year. The management has outlined ambitious objectives for the next three years.
The Thiruvananthapuram Lok Sabha constituency in Kerala is in the spotlight as the second phase of voting for the 2024 general elections begins. The BJP has pitted Union Minister Rajeev Chandrasekhar against Congress heavyweight Shashi Tharoor in a closely contested battle. The constituency, historically a Congress stronghold, is also being challenged by CPI leader Pannyan Raveendran.
Shriram Finance reported a 49% increase in net profit in Q4 of FY24, with a total revenue of Rs 9,483.71 crore. The company's net interest income also rose by 20.02% and its total assets under management increased by 21.10%. It recommended a final dividend of Rs 15 per share and issued USD 750 million in senior secured notes. The proceeds will be used for social finance activities.
Realme has launched the budget-friendly C65 5G phone in India, following the recent launch of the Narzo 70 and Narzo 70x 5G. The phone has a 6.67-inch 1080p LCD display with a 120Hz refresh rate, a MediaTek Dimensity 6300 processor, and a 5,000mAh battery with 15W fast charging. It also boasts a 50-megapixel main camera.
Indian equity indices closed lower on Friday, with Sensex and Nifty 50 both experiencing significant losses. Financial services and banking stocks were the main cause, while smallcap and midcap stocks performed well. The US core PCE price index, weaker GDP growth, and Treasury yield spikes have raised concerns about a possible recession, impacting market sentiments.
The Supreme Court has rejected all petitions for 100% verification of EVM votes with VVPAT slips. They have given two directions: sealing the Symbol Loading Unit after symbol loading and storing them for 45 days.
Vedanta's Q4 results surpassed expectations, leading to a 5% increase in share price during Friday's trading session. Despite a decline in net profit, the company's EBITDA rose by 3% and revenue remained flat. Analysts have a neutral stance, but note that Vedanta's EBITDA and adjusted net profit exceeded estimates.
Seven students in Telangana committed suicide within 30 hours of the Intermediate Public Examination results being released. Despite the state's success in the JEE Main exam, a 16-year-old who failed in four subjects was the first victim.
Supreme Court has issued a notice to Election Commission of India over a petition seeking to declare elections void if majority of voters chose NOTA. PIL also seeks rules to bar candidates with fewer votes than NOTA from contesting for 5 years, and proper reporting and publicity of NOTA.
A man named Sangeet Singh was caught impersonating a Singapore Airlines pilot at Delhi airport. He had created a fake ID and bought a uniform and accessories to deceive his family and friends. The CISF personnel caught him and a case has been registered against him. Investigation is ongoing.
PM Modi praised the Supreme Court for rejecting petitions for 100% EVM verification, calling it a "tight slap" on opposition parties. He accused them of creating distrust and trying to steal OBC, SC, and ST reservations. He also criticized Congress for granting reservations to Muslims and having a "Muslim League" influence in their manifesto.
Maharashtra Deputy CM Ajit Pawar's "funds for votes" statement at a rally in Indapur did not break Model Code of Conduct, says returning officer. The comments did not target a specific candidate and did not violate electoral rules. In the Baramati constituency, Pawar's family members are competing for different political parties.