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Bloomberg Quint
1h
129
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Corporate Actions This Week — CIE Automotive, Muthoot Finance, Sanofi India, Sterlite Tech
- Shares of CIE Automotive India Ltd., Muthoot Finance Ltd., Ami Organics Ltd., and Sanofi India Ltd. will trade ex/record-date for their corporate actions this week.
- CIE Automotive will record its shareholders' roster on Wednesday for its final dividend of Rs 7 for the financial year 2024–25. Muthoot Finance (interim dividend) and Sanofi India (final dividend of Rs 117) will record their shareholders on Friday.
- The record/ex-date for Ami Organics' stock split of two shares for every one held will be on Friday.
- Sterlite Technologies Ltd. has completed the demerger of its Global Services Business, transitioning to STL Networks Ltd. under the brand name 'Invenia'. The ex/record date for the spinoff is Thursday.
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Bloomberg Quint
2h
295
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HCLTech Q4 Results: Date, Dividend Details, Earnings Call Schedule And More
- HCL Technologies will announce its Q4 and full-year results for FY2025 on April 22, 2025.
- The company's Board of Directors will meet on April 21-22 to discuss key matters.
- The trading window for dealing in HCL Tech's equity shares has been closed from March 25, 2025, and will reopen 48 hours after the official declaration of the financial results.
- After the financial results are released, HCL Tech will host an earnings call at 7:30 p.m., with a Q&A segment.
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Bloomberg Quint
3h
123
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Maize Supply Key To India's Ethanol Blending Target: Shree Renuka Sugars' Executive Chairman
- India is planning to increase its ethanol blending target in petrol from 20% to 30% by 2030.
- Achieving this requires a substantial increase in ethanol production, which will heavily rely on the grain sector, specifically maize.
- Atul Chaturvedi, the executive chairman of Shree Renuka Sugars Ltd, stated that the sugar sector can only contribute about 7 billion liters of ethanol, while India would need about 15-16 billion liters of ethanol for the 30% blending target.
- Chaturvedi also highlighted the challenges of using maize for ethanol production, including potential disruptions to the oilseed sector, such as impacting soybean crushing.
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Bloomberg Quint
3h
180
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Want To Improve Your Credit Score? Avoid These Common Mistakes
- A strong credit score is a vital indicator of your financial health and how you manage the money.
- Not paying your bills on time can harm your credit score.
- A high credit utilization ratio on your credit cards will bring down your credit score.
- Applying for loans or credit cards from multiple lenders in a short duration may impact your credit score.
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HinduBusinessLine
1h
70
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India will be less impacted by global trade war thanks to its socioeconomic and cultural character: S Gurumurthy
- India, with a lower debt-to-GDP ratio, is likely to manage the global trade war better than other countries.
- India should focus on strong bilateral relationships with a handful of countries and cannot afford to have multilateral ties.
- Gurumurthy suggests India may have informal 'track 2 diplomacy' with the US to tackle tariffs.
- The economist predicts that the growth rate of global trade will likely shrink below 1% due to the ongoing trade standoff between the US and China.
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Guardian
1h
67
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UK taxpayers contributed £89m to the most expensive movie ever made
- UK taxpayers contributed £89 million to the making of Jurassic World: Dominion, the most expensive film ever made.
- The film was shot at Sky Studios Elstree, allowing Universal Pictures to receive £89.1 million from HMRC under the UK government's film incentive scheme.
- Jurassic World: Dominion had total costs of £453.6 million, making it one of the most expensive movies in history.
- The UK government has paid a total of £5.9 billion to movie studios since 2007 to boost the country's film industry.
- For every £1 reimbursed to studios, there was £8.30 of additional Gross Value Added to the UK economy in 2019.
- Between 2017 and 2019, the film incentives yielded £13.5 billion return on investment to Britain's economy and created thousands of jobs.
- Critics question the necessity of providing incentives for studios to film in the UK, suggesting the country has enough attractions to draw studios on its own.
- The filming of Jurassic World: Dominion involved huge costs, with significant amounts spent on staff, contributing to job creation and economic benefits.
- The incentives provided by the UK government have increased transparency in the finances of films made in the country.
- Despite criticisms, industry experts highlight the positive impact of the film industry on tax receipts and economic growth.
- Starring Chris Pratt and original Jurassic Park cast members, Jurassic World: Dominion was filmed during the pandemic, with cast quarantining for five months.
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Bloomberg Quint
2h
58
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Tata Investment Q4 Results: Date, Dividend Details, Share Price History And More
- Tata Investment Corporation will announce its Q4 and FY25 results next week.
- The company will consider and approve the audited financial results and dividends, if any, for FY25.
- The trading window for dealing in the shares of the company is closed for designated persons from March 25 to April 23.
- In Q3 FY25, Tata Investment Corporation reported a 63% YoY decline in profit after tax and sharp drops in total revenue and income.
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HinduBusinessLine
2h
52
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Vaibhav Suryavanshi becomes youngest cricketer to play in IPL
- Vaibhav Suryavanshi, at the age of 14 years and 23 days, became the youngest cricketer to play in the IPL.
- Suryavanshi was bought by the Rajasthan Royals for ₹1.1 crore in the IPL 2025 auction.
- He hit the first ball he faced for a six, creating a buzz among the crowd at the Sawai Mansingh Stadium.
- Prior to Suryavanshi, Prayas Ray Barman held the record of the youngest cricketer to play in the IPL at the age of 16 years and 157 days.
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HinduBusinessLine
2h
300
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Jetty project near Gateway of India runs into rough sea; locals flag green concerns
- Local residents are opposing the ₹229-crore jetty project near the Gateway of India, expressing concerns about environmental hazards and threats to heritage structures.
- Politicians from different parties have supported the residents, while the state government aims to address concerns and highlight the project's benefits for the public.
- The jetty project, located 500 meters from the Gateway of India, plans to reroute boat traffic, reduce congestion, and improve existing facilities.
- Expected to be completed in two years, the project will include a jetty to accommodate up to 20 boats simultaneously and a terminal building with various amenities.
- Protests by residents led to the removal of a construction platform and demands to relocate the project to other areas in south Mumbai.
- Concerns about disrupting the local cultural, environmental, and social balance, potential heritage threats, and environmental damages have been raised by the protesting group.
- Residents emphasize responsible development in congested areas like Colaba and question the transparency and effectiveness of permissions granted for the project.
- The government defends the project, stating it has conducted impact studies, obtained necessary permissions, and assures no inconvenience to the public once the jetty is operational.
- While politicians believe the jetty will benefit ordinary citizens and tourism, residents remain firm in their opposition and threaten legal action if concerns are not addressed.
- The controversy over the jetty project at the Gateway of India highlights the balancing act between development, heritage preservation, environmental protection, and public interest.
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HinduBusinessLine
2h
215
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DHL to suspend global shipments of over $800 to US consumers
- DHL is suspending global shipments of over $800 to US consumers due to new customs rules.
- The new US customs rules require formal entry processing on all shipments worth over $800.
- The minimum threshold for formal entry processing was changed from $2,500 to $800 on April 5.
- Business-to-business shipments will not be suspended but may face delays.
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Bloomberg Quint
2h
175
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Automobile Exports Rise 19% To Over 53 Lakh Units In FY25: SIAM
- Automobile exports from India rose by 19% to over 53 lakh units in the 2024–25 fiscal year, driven by robust demand for passenger vehicles, two-wheelers, and commercial vehicles.
- Passenger vehicle shipments rose by 15% to 7,70,364 units last fiscal, with manufacturing quality improving and some companies commencing exports to developed markets.
- Two-wheeler exports increased by 21% to 41,98,403 units last fiscal, supported by new models, new markets, and economic stability in the African region and demand in Latin America.
- Exports of commercial vehicles grew by 23% in the last fiscal year at 80,986 units, with export demand in key markets such as Africa and neighbouring countries gaining traction.
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HinduBusinessLine
3h
153
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Bangladesh police seeks Interpol red notice against Hasina, 11 others
- Bangladesh police have requested Interpol to issue a red notice against former Prime Minister Sheikh Hasina and 11 others.
- Hasina has been living in India since August 5th, 2024, following protests that led to the downfall of her government.
- The red notice is sought to help locate and arrest individuals pending extradition or legal action.
- Bangladesh's International Crimes Tribunal issued arrest warrants for Hasina and others for 'crimes against humanity and genocide'.
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Bloomberg Quint
3h
156
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Fidelity, Goldman Find Tariff Haven In Asian Consumer Stocks
- Asian consumer stocks are finding shelter amid the global trade war, with a focus on companies catering to local essential needs.
- Goldman Sachs and Morgan Stanley recommended Asian consumer staples post-tariff escalation for defensive investing.
- MSCI Asia Pacific Consumer Staples Index has outperformed, with supermarket chains and beverage makers showing growth.
- Investors are shifting focus towards domestic demand resilience amidst US-China trade tensions and global economic slowdown.
- Fiscal stimulus plans in Asia, like in China, South Korea, and India, are expected to boost consumer spending.
- Fidelity International increased holdings in Chinese consumer staples amidst market turmoil, preferring mainland-listed shares.
- Asian consumer staples are favored over US and European peers, with expectations of policy support and central banks cutting interest rates.
- Consumer discretionary sectors have seen a decline as households reduce non-essential spending, in contrast to consumer staples.
- Despite risks like inflation, staples are considered a safer investment choice offering higher earnings growth potential.
- Investor sentiment leans towards staples in the current conditions, with potential for a shift back to discretionary sectors depending on tariff developments.
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Medium
3h
237
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Perfect — here’s an expanded version of the article with more depth, structure, and suggested…
- SOIL is a project focused on real value creation in the DeFi space.
- It taps into tokenized real-world assets to provide stable, sustainable passive income.
- SOIL shares infrastructure with BlackRock's BUIDL, a leading tokenized treasuries platform.
- Real-world assets are projected to become a multi-trillion-dollar segment, and SOIL is at the forefront of this movement.
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Bloomberg Quint
3h
157
Image Credit: Bloomberg Quint
Have Multiple Loans? Here Are Some Tips On How To Manage Money
- Loans are effective financial instruments to meet unplanned expenses or big-ticket purchases.
- To manage multiple loans, it is important to calculate your EMIs and ensure they align with your income and expenses.
- Consider loan consolidation to simplify the management of multiple loans and save on interest payments.
- Set up automatic payments and create a plan for loan repayment to stay organized and avoid penalties.
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