A naukri.com initiative
Business News
HinduBusinessLine
9h
124
Image Credit: HinduBusinessLine
AP CM Naidu for CAG audit of TTD programmes
- Andhra Pradesh Chief Minister, N Chandrababu Naidu, has directed the Tirumala Tirupati Devasthanams (TTD) to be cautious in the expenditure to be incurred in the name of development.
- Naidu emphasized that the TTD should remember its role as trustees for the Lord and ensure that the funds collected from hundi and donations are not misused.
- He recommended a Comptroller and Auditor General (CAG) audit, along with internal auditing, to be conducted on the TTD expenses.
- Naidu also stressed the need for a master plan to develop associate temples and improve facilities for devotees.
Read Full Article
7 Likes
HinduBusinessLine
9h
213
Image Credit: HinduBusinessLine
Macrotech Developers alleges document fabrication by House of Abhinandan Lodha
- Macrotech Developers has alleged document fabrication by House of Abhinandan Lodha in a trademark dispute.
- Macrotech claims that certain entities of House of Abhinandan Lodha used fabricated board resolutions containing a no objection for the use of Macrotech's trademarks.
- Macrotech states that the signatures and PAN Card of an independent director were changed and that the director confirmed not certifying any such board resolution.
- Macrotech has formed a special committee to investigate the matter and take appropriate legal action.
Read Full Article
12 Likes
HinduBusinessLine
9h
3
Image Credit: HinduBusinessLine
Trump tariffs fuel gold surge toward ₹1 lakh
- Gold prices have surged by ₹11,983 per 10 grams in the last month to reach ₹91,115.
- The rally in gold prices is driven by a firm trend in the global market where it has crossed $3,100 per ounce due to investors seeking safe-haven assets.
- The US tariff threats by President Donald Trump have significantly impacted India's gold jewelry industry as the US is its largest export market.
- Various factors such as rate cuts by the Fed, increased demand during times of economic uncertainty, and consistent buying of gold by central banks may propel gold prices to reach ₹1 lakh per 10 grams this year.
Read Full Article
Like
Baystreet
9h
56
Image Credit: Baystreet
Hoth Flat on Hookup with Washington Univ.
- Hoth Therapeutics, Inc. collaborates with Washington University School of Medicine to advance Alzheimer's disease research.
- The partnership focuses on studying HT-ALZ, an FDA-approved NK-1 receptor antagonist, to reduce neuroinflammation and improve cognitive function in Alzheimer's disease.
- In preclinical studies, chronic administration of HT-ALZ demonstrated significant improvement in cognitive functions in mice models of Alzheimer's.
- Hoth Therapeutics, Inc. hopes that HT-ALZ can be a promising therapeutic intervention for Alzheimer's disease.
Read Full Article
3 Likes
HinduBusinessLine
9h
324
Image Credit: HinduBusinessLine
SEBI allows IAs, RAs to charge advance fees for up to 1 year
- SEBI relaxes rules on advance fees for investment advisers and research analysts.
- Investment advisers can now charge fees in advance for up to one year.
- Previously, they could charge fees in advance for up to two quarters.
- SEBI's move aims to provide flexibility to analysts in offering long-term research and advisory services.
Read Full Article
19 Likes
TechBullion
9h
156
Image Credit: TechBullion
What role does sustainability play in modern business valuation
- Sustainability plays a crucial role in modern business valuation as it impacts brand loyalty, revenues, costs, stakeholder relationships, and investment appeal.
- The United Nations' environmental, social, and governance (ESG) framework helps assess business sustainability through three key pillars.
- Adopting renewable energy leads to lower operational costs and reduced capital expenditure, making it financially responsible and environmentally conscious.
- Renewable energy technologies have become more cost-competitive, making them an attractive choice for businesses seeking sustainable practices.
- Solid waste management costs vary based on the type of waste generated, industries, and regulations, presenting challenges in generalizing cost dynamics.
- Key benefits of sustainability practices include cost-efficiency, high employee retention, brand loyalty, increased revenue, and improved investor demand.
- Adopting sustainable practices can lower operational costs, reduce risk, attract diverse investors, improve valuation multiples, and secure favorable financing rates.
- Sustainable businesses benefit from higher brand loyalty, stable revenues, lower discount rates, and increased valuation multiples, making them attractive investments.
- Technological advancements and evolving preferences have transformed sustainable practices into strategic advantages with tangible benefits for businesses.
Read Full Article
9 Likes
Baystreet
9h
317
Image Credit: Baystreet
Canada Braces For More U.S. Tariffs As ‘Liberation Day’ Arrives
- Canadian businesses, politicians, and consumers are bracing for additional tariffs from the U.S. as President Donald Trump undertakes the next phase of his “America First” trade agenda.
- Canadian provinces are selling more bonds to cope with the prospect of bigger deficits caused by the tariffs.
- The federal government is offering financial support to small and medium-sized businesses through low-interest rate loan guarantees.
- The Canadian economy showed no growth in February, leading to concerns of a potential recession amidst a trade war with the U.S.
Read Full Article
19 Likes
TechBullion
9h
277
Image Credit: TechBullion
How to Check Your SASSA Status Online | 2025 Guide
- The South African Social Security Agency (SASSA) provides financial assistance to eligible citizens through various social grants.
- This guide will show you how to check your SASSA status online using simple and effective methods.
- SASSA offers several convenient ways to check your status online, including through the official website, SMS inquiry, WhatsApp, and their toll-free number.
- Checking your SASSA status online is a simple yet essential step to ensure you receive your financial aid on time.
Read Full Article
16 Likes
Global Finance Magazine
9h
99
Image Credit: Global Finance Magazine
The Space Boom Is Here
- The space economy is experiencing rapid growth due to falling costs, increasing private investments, and new business opportunities.
- Space exploration has seen a surge in the past decade with governments and private companies investing heavily in commercial missions and satellite deployments.
- Space is not only a scientific endeavor but also an industry with significant financial potential, impacting various sectors like navigation, communication, and manufacturing.
- The increase in satellite deployment poses challenges such as LEO saturation and debris risks due to lack of clear regulations.
- Commercial spaceflight has significantly reduced the cost of transporting payloads into space, leading to opportunities in space tourism, communications, and Earth-observation missions.
- The ISS has been a key research hub for over 20 years, supporting various projects in biomedicine and technology advancements.
- Private capital is playing an increasing role in the space economy, supported by government investments, with the ESA serving as a model for fostering private companies.
- Challenges in space investment include declining private funding, concerns about the profitability of space enterprises, and the perception of high risks.
- The global space economy is projected to reach $944 billion by 2033, with key sectors including telecommunications, Earth observation, and global navigation satellite systems.
- The space economy's growth is expected to outpace GDP growth, with space technology playing a vital role in various applications on Earth.
Read Full Article
6 Likes
Baystreet
9h
49
Image Credit: Baystreet
Meta Platforms’ Head of A.I. Research Departs Company
- Joëlle Pineau, the head of artificial intelligence (A.I.) research at Meta Platforms (META), is leaving the company.
- Pineau's last day at Meta Platforms will be on May 30, 2023.
- Meta CEO Mark Zuckerberg has made A.I. the company's top priority and aims to build an A.I. assistant with over one billion users.
- Pineau, a prominent A.I. researcher, joined Meta Platforms in 2017 and led the company's fundamental A.I. research unit.
Read Full Article
3 Likes
Bloomberg Quint
9h
238
Image Credit: Bloomberg Quint
Bharat Electronics Secures Rs 593-Crore Contract From Indian Air Force
- Bharat Electronics Ltd. signed a Rs 593.2-crore contract with the Indian Air Force for maintaining the Akash Missile System, which it had previously supplied.
- BEL fell short of its fiscal 2025 order inflow target, securing Rs 18,715 crore in orders compared to the projected Rs 25,000 crore.
- Bharat Electronics reported a 53% year-on-year increase in net profit, reaching Rs 1,311 crore for the quarter ended December.
- Shares of BEL closed 3.29% lower at Rs 282.40 apiece on the National Stock Exchange, compared to a 0.72% rise in the benchmark Nifty.
Read Full Article
14 Likes
Baystreet
9h
46
Image Credit: Baystreet
Boeing Faces Senate Hearing over Recovery
- Boeing CEO Kelly Ortberg will testify in front of a Senate committee on the progress the company has made on improving manufacturing and safety standards.
- Boeing faced crises in both its commercial and defense units, including a near-catastrophic midair door plug blowout from one of its planes.
- Boeing's CEO stated that the company has made sweeping changes to improve its processes and overall structure, with a deep commitment to the safety of their products and services.
- Boeing executives have highlighted recent improvements in production lines, as well as a significant contract to build the U.S.' next generation fighter jet, but the company continues to face scrutiny from lawmakers and regulators.
Read Full Article
2 Likes
TheNewsCrypto
9h
10
Image Credit: TheNewsCrypto
MEXC Dominates 2024 Perpetuals Surge, Secures Top 5 Global Ranking
- MEXC, a leading global cryptocurrency exchange, dominated the 2024 perpetual futures trading market.
- MEXC's share of perpetual trading volume increased from 3% to 11% in 2024.
- The exchange's open interest (OI) market share doubled in Q4 2024, surpassing all competitors.
- MEXC entered the top five exchanges, with the total annual perpetual trading volume reaching $58.5 trillion.
Read Full Article
Like
HinduBusinessLine
9h
246
Image Credit: HinduBusinessLine
Gross misuse of wheelchair facilities, say airlines citing examples
- Airlines are raising concerns about the gross misuse of wheelchair facilities provided by airports, particularly the 'Kerbside to Stairs or Ramp' service.
- Some passengers, who are physically fit, exploit this reserved service for free airport assistance to avoid queues, especially when booking old parents or relatives flying solo.
- On certain flights, a high number of wheelchair requests have been observed, leading to delays and fines for airlines due to the limited availability of the facility.
- The Directorate General of Civil Aviation (DGCA) plans to address these concerns by meeting with domestic airlines and proposing standardized guidelines for wheelchair assistance at airports.
Read Full Article
14 Likes
For uninterrupted reading, download the app