SECURITY POSTS
Ryanair airline's social media jab at UK PM Rishi Sunak goes viral after election defeat
In the wake of UK Prime Minister Rishi Sunak's electoral defeat to Labour's Keir Starmer, low-cost airline Ryanair seized the moment with a viral social media post. The airline playfully offered Sunak a seat on their flights, sparking widespread amusement online. Sunak conceded defeat graciously, accepting responsibility for his party's loss amidst ongoing challenges.
Persistent shares surge 3% post acquisition. Ticks all right boxes, says ICICI Securities
Persistent Systems' shares skyrocketed to a record high after sealing a deal to acquire Starfish Associates, boosting their AI offerings.
'Kind' thief who stole watch, laptop leaves 'helpful' note for owner saying this...
(Google trends) The police identified the thief as Sang. He climbed the building's wall to get in and stole a watch and an Apple MacBook. While inside, he gathered mobile phones and laptops, piled them on a desk, wrote a note, and left it under the pile of devices.
New Post Office Act 2023 comes into effect from June 18: Check details
Post Office Act 2023: The Act's provisions allow the government to intercept articles sent via India Post for several reasons, including public order and state security. In the event of a public emergency or to maintain peace and safety, an interception may be carried out.
F&O Talk| Expect consolidation breakout in Nifty above 23,500, buy on dips: Sudeep Shah of SBI Securities
The post-election rally has taken everyone by surprise and both indices now are currently sustaining well above their short-term moving averages after testing their 200 day moving averages.
SLCM Group secures second Agri Reach application patent for real-time quality control monitoring in warehouses
SLCM acquires second Agri Reach patent for real-time quality control data monitoring in warehouses, bolstering agricultural ecosystem self-reliance.
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Stocks to buy after Lok Sabha Elections Results 2024: 5 stocks with up to 23.2% upside potential
While the 4 June crash eroded investor wealth, it may have eased stretched valuations. Experts believe the BJP-NDA government’s economic agenda will largely remain unchanged, though some priorities will be adjusted. Even before the election-induced jolts, the markets had been witnessing volatility. To counter the near-term shocks, invest in companies that have shown stability in the past.
Vietnam arrests prominent journalist over Facebook posts
Huy Duc was detained for investigation for posts that "violate the interests of the State, the legitimate rights and interests of organisations and individuals", the Ministry of Public Security said. The 62-year-old former senior lieutenant worked for several influential newspapers in Vietnam before being fired in 2009 for criticising the country's former communist ally the Soviet Union.
18 long-term investment ideas by SBI Securities post March quarter results
The capital appreciation story in the equity market is currently positive, largely driven by the results of the general election. SBI Securities provides insights into the recently concluded quarterly results season and recommends that investors take a diversified approach, focusing on the best-performing businesses across 12 sectors. The domestic brokerage firm has prioritized stocks with strong management teams, supported by solid corporate governance, a positive industry outlook, strong business growth potential, attractive margins and return ratios, healthy balance sheets, and a strong historical track record. Following is the sectoral classification of the stocks picked by SBI Securities:
Sanjiv Bhasin's top stock picks post yesterday's market bloodbath
I think that is a very healthy correction which has taken place. You have seen the comeback of FMCG. We think insurance, IT, these will be the better place. But this market is a retail-driven market and the retail investor is very sanguine. He is not eitherly optimistic or pessimistic. He will take this with a pinch of salt that we are in a market which is going to be more driven on macro and micro. Oil is at a three-month low.
Has Google breached privacy, collected children's voices, license plate details and more?
Google is currently amid a new wave of controversy as a recent privacy breach leak has claimed that it collected the voices of children, license plate numbers as well as home addresses, all of which are immensely private data for individuals.
For MF investors, multi-asset approach is way to go
According to mutual funds research firm Value Research, at present flexi-cap schemes on average have an allocation of 50.9% to blue-chips, 19.9% to large-caps, 22.9% to mid-caps and 6.8% to small-caps.
Central Armed Police Force's 400 companies to remain positioned in West Bengal till June 19
Nearly 400 Central Armed Police Force (CAPF) companies, totaling over 40,000 personnel, will remain in West Bengal until June 19 to manage post-election violence. The significant portion of the force would Central Reserve Police Force (CRPF) units. The decision is aimed at establishing area dominance, building citizen confidence, and ensuring a peaceful environment while maintaining law and order in the state.
Oyo posts maiden annual net profit of Rs 100 crore in FY24: founder Ritesh Agarwal
Oyo reported its first profitable fiscal year in 2023-24 with a net earning of nearly Rs 100 crore. Founder Ritesh Agarwal highlighted growth prospects in key markets like Nordics, South East Asia, US, and UK. Fitch Ratings upgraded Oyo's credit rating, acknowledging its strong performance.
Exchanges warn investors of fake trading apps, impostors
Bourses in Mumbai issue warning about social media scams using established brokers' names for high returns.
India's Make-in-India defence projects, include K-9 Vajra Howitzers and fighter jet engines, await post-election approval
India's defence agenda post-elections includes crucial projects like acquiring K-9 Vajra howitzers and Su-30 MKI fighter aircraft engines. These projects, initially scheduled for approval in March, were postponed. Hindustan Aeronautics Limited (HAL) will produce the engines, worth approximately Rs 20,000 crore, aiding in indigenisation efforts. Additionally, the proposal to purchase 100 more K-9 Vajra SP howitzers is under consideration, reflecting the Indian Army's evolving needs. Various defence research and development programs await government clearance, signaling significant advancements in indigenous defence capabilities.
Sovereign yield falls to near 1-year low post RBI's dividend payout
The yield on the 10-year benchmark government security closed at 6.978%, its lowest level since June 6, 2023, LSEG data showed. The 10-year bond yield had closed at 6.98% on Friday. Bond prices and yields move inversely.
Ashok Leyland shares surge 6% after posting 20% YoY increase in Q4 profit. Should you invest?
Ashok Leyland shares surged nearly 6% on BSE to a record high after reporting a 20% YoY increase in its Q4 net profit.
Suzlon Energy shares under pressure post Q4 results; brokerages raise target price to Rs 54
Suzlon Energy shares dipped 2% to Rs 45 after a 21% decline in Q4 net profit to Rs 254 crore. The consolidated net profit for 2023-24 fell to Rs 660 crore while total income rose to Rs 2,207.43 crore. Analysts from ICICI Securities and JM Financial are bullish on the stock.
Philippines opens coast guard post after China build-up
The Philippines opens a coast guard post in the far north to enhance security amid China's military build-up near Taiwan. The outpost aims to gather maritime data and intelligence to address threats like illicit trade and foreign intrusions.
After papad, BSF jawan boils egg in hot sands of Bikaner
A BSF jawan in Rajasthan roasted a papad in the hot sands amid an intense heatwave. Another jawan was seen boiling an egg in the sand as temperatures reached 48.8 degrees Celsius in parts of the state.
Sebi amends rule to facilitate ease of doing biz for cos planning IPOs
Companies promoted by entrepreneurs often have several rounds of funding prior to listing their equity shares on the stock exchanges. In such situations, the promoters' holding may fall short of the minimum promoter contribution i.e., 20 per cent of the post-offer equity share capital.
China plans to float nuclear reactors in disputed South China Sea, analysts see it 'risky for environment'
China's development of marine nuclear power platforms in the South China Sea raises concerns for regional stability and security. The US warns of the risks posed by China's plans to power disputed islands with floating reactors. Analysts highlight the potential for radiation leaks, weaponization, and security implications in the region.
10 most common PINs that can make you vulnerable to cyberattacks, find all details here
Remembering passcodes might be a tough ordeal for many and to keep them fresh in your memory, you generally tend to choose some easy passwords, but did you know that this is exactly what hackers want you to do?
Upward trajectory of India-US ties not impacted at all: EAM Jaishankar on Pannun case
The upward trajectory of India-US relations has not been impacted at all by allegations of an Indian link to a foiled assassination plot, External Affairs Minister S Jaishankar has said. In November, the US charged an Indian national of conspiring to murder Sikh separatist Gurpatwant Singh Pannun in New York.
Ajanta Pharma’s Rs 285 crore share buyback can yield up to 6% return for retail investors
Ajanta Pharma has fixed May 30 as the record date for its buyback of 0.82% of the aggregate paid-up share capital of the company at Rs 2,770 per share. The pharma stock was trading at Rs 2,399.55, up 1% on BSE around 1:30 pm on Monday.
Was it a UFO, or did aliens visit Earth? Know in detail, watch video
Experts testified before a Congress committee in July 2023 that the UFOs could pose a threat to national security. It is interesting to note that a Gallup poll conducted in 2021 reported that 41% of US citizens believe alien spacecraft have visited Earth, up eight points from 33 percent in 2019.
125 security posts set up deep inside Naxal-hit areas in 4 years: Officials
According to the data of the Ministry of Home Affairs, LWE-related violence has declined by 52 per cent in the country and the number of deaths by 69 per cent, from 6,035 to 1,868, in the period between 2014 and 2023 as compared to the period from 2004 to 2014.
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