November has turned out to be the best month of the year so far for the Nifty, with the index gaining 5.5% so far ahead of Thursday's monthly F&O expiry.

　　Former Citibank Analyst's Unfair Dismissal Claim Rejected 　　Employee Lied About Food Expenses　　A former Citibank analyst, Szabolcs Fekete, has lost his claim of unfair dismissal after a tribunal discovered he had lied about buying food for his partner and charging it to his employer. 　　Fekete, who was a senior analyst, claimed he had been both wrongfully and unfairly dismissed by Citibank....

　　Generative AI: Adobe's Finance Organization Embraces Innovation 　　Introduction　　Adobe, a leading software company, is charging full steam ahead towards a future powered by generative AI products, with finance playing a pivotal role in this transformative journey. Dan Durn, CFO and EVP of finance, technology services, and operations at Adobe, emphasizes the significance of the finance organization's involvement in strategic discussions, understanding...

　　California's New Law: Turning Parking Lots into Affordable Housing 　　Introduction　　In an effort to combat the ongoing homeless crisis, California has enacted a new law that allows religious institutions and nonprofit colleges to convert their parking lots and other properties into low-income housing. 　　The Law's Provisions　　The law, signed by Governor Gavin Newsom, rezones land owned by religious institutions and nonprofit colleges...

01:34 PM EDT, 04/15/2024 (MT Newswires) -- Tech stocks were decreasing Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) dropping 1.4% and the SPDR S&P Semiconductor ETF (XSD) down 1.5%. The Philadelphia Semiconductor Index shed 1.3%. In corporate news, Blackbaud ( BLKB ) shares jumped past 3% after it said it will carefully evaluate Clearlake Capital's unsolicited, non-binding...

01:36 PM EDT, 04/15/2024 (MT Newswires) -- Financial stocks fell in Monday afternoon trading with the NYSE Financial Index easing 0.3% and the Financial Select Sector SPDR Fund (XLF) dropping 0.2%. The Philadelphia Housing Index declined 1.2%, and the Real Estate Select Sector SPDR Fund (XLRE) slumped 1.5%. Bitcoin (BTC-USD) fell 2.5% to $64,155, and the yield for 10-year US...

01:50 PM EDT, 04/15/2024 (MT Newswires) -- Financial stocks fell in Monday afternoon trading with the NYSE Financial Index dropping 0.6% and the Financial Select Sector SPDR Fund (XLF) shedding 0.3%. The Philadelphia Housing Index declined 1.3%, and the Real Estate Select Sector SPDR Fund (XLRE) slumped 1.6%. Bitcoin (BTC-USD) fell 2.5% to $64,155, and the yield for 10-year US...

01:46 PM EDT, 04/15/2024 (MT Newswires) -- Energy stocks were lower Monday afternoon, with the NYSE Energy Sector Index decreasing 0.6% and the Energy Select Sector SPDR Fund (XLE) down 0.7%. The Philadelphia Oil Service Sector index was posting a 1% drop, and the Dow Jones US Utilities index was shedding 0.5%. Front-month West Texas Intermediate crude oil was declining...

(Reuters) -STMicroelectronics, Europe's largest chipmaker by revenue, on Thursday said its full-year revenue would come at the low end of its earlier guidance range, its third cut to the outlook this year. The company, whose clients include Tesla and Apple, said it expected to post annual revenue of $13.27 billion, against its previous forecast of $13.2 billion to $13.7 billion,...

(Reuters) - Private equity firm Blackstone Inc is bidding C$7 billion ($5.03 billion) for a minority stake in telecom and media company Rogers Communications's cellphone infrastructure business, the Globe and Mail reported on Wednesday. Last week, the Canadian company Rogers announced the deal, which would lessen its debt burdens, but did not disclose the name of the investor. Under the...

Thursday, Oct. 31Coinbase's Base Adds Fault Proofs, Patching Achilles' Heel of Optimistic SetupThe U.S. crypto exchange Coinbase's layer-2 chain, Base, has enabled fault proofs on the main network, marking a key milestone on our path to decentralization. The announcement comes four months after Optimism — the layer-2 blockchain upon which Base's technology is built — added fault proofs, a core...

(Reuters) - Cognizant Technology Solutions ( CTSH ) beat Wall Street estimates for third-quarter profit on Wednesday, helped by recovery in demand as more businesses turn to the IT services provider. The results signal a recovery in the business environment, with clients increasingly relying on the IT and consulting services offered by Cognizant to digitize their business operations. The company's...

Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.

The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.

On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.

The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.

COLUMBIA, Md.--(BUSINESS WIRE)-- COPT Defense Properties ( CDP ) (“COPT Defense” or the “Company”) announced the acquisition of Stonegate I, a 142,000 square foot Class A office building at 15050 Conference Center Drive in Chantilly, VA for a gross purchase price of $40.2 million. The Class A office building is fully occupied by a top 20 U.S. Defense Contractor with...

Overview * Standex ( SXI ) fiscal Q1 sales rise 27.6% yr/yr, beating analyst expectations, per LSEG data * Adjusted EPS for fiscal Q1 beats consensus, reflecting pricing and productivity actions * Company paid down ~$8 mln of debt, lowering net debt to EBITDA ratio to 2.4x Outlook * Standex ( SXI ) raises FY26 sales outlook to over $110...

Overview * Illumina ( ILMN ) Q3 revenue of $1.08 bln beats analyst expectations * Adjusted EPS of $1.34 for Q3 beats consensus estimates * Company repurchased 1.2 mln shares for $120 mln Outlook * Company expects FY25 constant currency revenue decline of (1.5%) to (0.5%) * Illumina ( ILMN ) raises FY25 non-GAAP EPS guidance to $4.65 - $4.75...

(Reuters) -Ford is planning to invest about $370 million in India to make new engines, Bloomberg News reported on Thursday, citing a person familiar with the matter. Ford did not immediately respond to a Reuters request for comment. (Reporting by Anshuman Tripathy in Bengaluru; Editing by Anil D'Silva) ...

El Salvador and Iceland are hotspots to watch out for as world wakes up to power of cutting-edge geothermal.

The Discovery Fund aims to identify and empower entrepreneurs and early-stage startups to leverage the potential of cryptocurrencies to address real-world problems.

Shark Tank star and Canadian millionaire Kevin O’Leary, who has always been bullish on Bitcoin, expressed how the adoption of green energy by mining companies could reduce fossil fuel usage and trigger a wider acceptance of sustainable energy

The crypto industry has been focussing hard on making the business more environment friendly.