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Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Nov 29, 2023
Six persons, including a 47-year-old woman, were injured in the incident. All of them were admitted to the nearby Shatabdi Hospital. They are being treated at the Out-patient Department (OPD) of the hospital and their condition is stable.
PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
Nov 29, 2023
The growth in revenues largely came from its existing merchants and payment processing stack Wibmo, as new merchant signups continued to be paused for the Indian entity after a Reserve Bank of India (RBI) order.
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
Jan 15, 2024
  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...
Adobe’s CFO is helping steer the company’s path into generative AI
Adobe’s CFO is helping steer the company’s path into generative AI
Jan 15, 2024
  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...
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EMERGING MARKETS-Latam assets jump after Powell strongly signals rate cut
EMERGING MARKETS-Latam assets jump after Powell strongly signals rate cut
Aug 24, 2024
(Updated at 1500 GMT) * Fed's Powell says 'time has come' to cut rates * Mexican peso leads regional FX advance * Argentina's Merval index top gainer among stocks * Stocks up 1.4%, FX adds 0.9% By Shubham Batra Aug 23 (Reuters) - Latin American assets jumped on Friday after Federal Reserve Chair Jerome Powell offered an explicit endorsement of...
Top Midday Decliners
Top Midday Decliners
Aug 24, 2024
02:12 PM EDT, 08/21/2024 (MT Newswires) -- Reviva Pharmaceuticals ( RVPH ) priced a $5 million offering of 4.76 million shares of stock and accompanying warrants at $1.05 apiece. The company plans to use the proceeds to fund research and development, among other things. The stock fell 23% with intraday volume topping 958,000 shares versus the daily average of almost...
Sector Update: Energy Stocks Rise in Friday Afternoon Trading
Sector Update: Energy Stocks Rise in Friday Afternoon Trading
Aug 24, 2024
01:40 PM EDT, 08/23/2024 (MT Newswires) -- Energy stocks rose Friday afternoon with the NYSE Energy Sector Index up 1.7% and the Energy Select Sector SPDR Fund (XLE) gaining about 1.5%. The Philadelphia Oil Service Sector index climbed 3.3%, and the Dow Jones US Utilities index added 0.1%. West Texas Intermediate crude oil rose 2.6% to $74.89 a barrel, while...
TREASURIES-US yields fall as jobs data revision backs September rate cut
TREASURIES-US yields fall as jobs data revision backs September rate cut
Aug 24, 2024
NEW YORK, Aug 21 (Reuters) - U.S. Treasury yields drifted lower on Wednesday as the interest rate outlook continued to point to the Federal Reserve's easing cycle likely starting next month, with investors looking to Fed Chair Jerome Powell's remarks later this week for clues about the size of the potential rate cuts this year and next. A report from...
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Nvidia's biggest customers delaying orders of latest AI racks, the Information reports
Nvidia's biggest customers delaying orders of latest AI racks, the Information reports
Jan 13, 2025
Jan 13 (Reuters) - Nvidia's ( NVDA ) top customers are delaying orders of the AI chip leader's latest 'Blackwell' racks due to overheating issues, the Information reported on Monday. The Santa Clara, California-based company's shares fell more than 4% in early trading. The U.S. government also said earlier in the day it would further restrict AI chip and technology...
Nvidia's biggest customers delaying orders of latest AI racks, the Information reports
Nvidia's biggest customers delaying orders of latest AI racks, the Information reports
Jan 13, 2025
(Reuters) - Nvidia's ( NVDA ) top customers are delaying orders of the AI chip leader's latest 'Blackwell' racks due to overheating issues, the Information reported on Monday. The Santa Clara, California-based company's shares fell more than 4% in early trading. The U.S. government also said earlier in the day it would further restrict AI chip and technology exports, potentially...
Competitor Analysis: Evaluating Microsoft And Competitors In Software Industry
Competitor Analysis: Evaluating Microsoft And Competitors In Software Industry
Jan 13, 2025
In today's fast-paced and highly competitive business world, it is crucial for investors and industry followers to conduct comprehensive company evaluations. In this article, we will delve into an extensive industry comparison, evaluating Microsoft ( MSFT ) in relation to its major competitors in the Software industry. By closely examining key financial metrics, market standing, and growth prospects, our objective...
Analyzing NVIDIA In Comparison To Competitors In Semiconductors & Semiconductor Equipment Industry
Analyzing NVIDIA In Comparison To Competitors In Semiconductors & Semiconductor Equipment Industry
Jan 13, 2025
In today's rapidly changing and fiercely competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies. In this article, we will conduct a comprehensive industry comparison, evaluating NVIDIA ( NVDA ) against its key competitors in the Semiconductors & Semiconductor Equipment industry. By examining key financial metrics, market position, and growth prospects, we aim to...
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SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
Sep 18, 2023
Fast fashion retailer H&M is all set to sell second-hand clothes at its Regent Street flagship store in UK from October — offering items that are 'ready to be loved again.' Zara also recently launched its online second-hand service in France, having trialled it in Britain since November last year. But are these 'green initiatives' for real, or just some more greenwashing? CNBC TV18 gives a macro view.
Cups are disposable, the environment is not: Starbucks’ green realisation
Cups are disposable, the environment is not: Starbucks’ green realisation
Sep 16, 2023
For the last several years, Starbucks has been testing different kinds of plastics. In 2019, the company went to a straw less lid, eliminating a good amount of plastic. By the end of 2023, the goal is to reduce by 15 percent the amount of material in each cup.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
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