MISSED PICKUP POINT
Man books overnight bus, reaches pickup point on time, then watches driver speed past his stop, leaving him behind; company ordered to pay Rs 14,725
A Ballari passenger who booked a Rs 1,725 bus ticket to Hyderabad alleged that the bus missed his pickup point, later broke down and left him unable to attend an urgent office meeting. The Ballari District Consumer Commission ordered the operator to pay Rs 14,725, including compensation and litigation costs.
Democrats poised to take Senate, House as voters deliver rebuke to Trump in historic midterms route
Democrats achieved significant victories in the latest midterm elections, gaining control of the Senate and making House gains. A series of unexpected wins in traditionally Republican states highlighted voter frustration over high prices and political direction. Several incumbent Republicans were defeated, including those backed by President Donald Trump. Economic concerns dominated voters' minds, creating dissatisfaction with both parties. These results may influence future political dynamics and presidential candidate considerations.
Six reasons Democrats may fall short of a midterm landslide in November
Democrats enter the November 3 midterms with favourable conditions, including Trump’s low approval ratings and voter concern over prices and the Iran war, but several structural factors could limit their gains. Fewer competitive House seats, a difficult Senate map, turnout risks, Republicans’ financial advantage, polling uncertainty and GOP attacks portraying Democrats as socialists could all keep the election from becoming a sweeping Democratic wave.
In 1991, Curitiba began exchanging recyclables for bus tokens and food. 35 years later, the city recycles 70% of its waste while creating jobs and supporting families
In Curitiba, Brazil, residents can exchange recyclable waste for fresh food. Other cities have found different uses for what people throw away. Belo Horizonte has brought waste pickers into formal recycling systems. Bogotá captures landfill methane to produce energy. These programs reveal a practical shift in urban waste management: garbage can create value before it becomes a burden.
These large-, mid- and small-cap stocks can give more than 20% return in 1 year, according to analysts
Even if the ongoing conflict in the Gulf settles anytime soon (and we certainly hope it does), don’t be surprised if the Nifty and Sensex remain volatile for quite some time. In fact, the chances are that the volatility quotient of the market will remain high for several months after. That does not, however, mean that you should not think of buying stocks. You can, but be aware of the big picture.
‘Only after leaving India you realise this’: NRI in UK says everyday comforts we take for granted in India feel like ‘premium services’ abroad
An Indian woman's viral video reveals how common services in India are costly or unavailable in the UK. She points out differences in delivery, domestic help, and repair services. Many Indians abroad relate to these observations. The video sparks discussion on the convenience of urban Indian life. These conveniences are often underestimated until people move overseas.
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Shedding market myopia: Excessive QoQ focus can make you miss some multibaggers, says Gurmeet Chadha
Market experts caution against overemphasizing quarter-on-quarter earnings, urging investors to look at long-term growth drivers in sectors like manufacturing and pharma, where firms are investing heavily in R&D, capacity expansion, and strategic acquisitions that may temporarily impact short-term profitability but build lasting value.
India’s long-term growth story intact, market outlook constructive: Sumit Bhatnagar
Sumit Bhatnagar of LIC MF expresses optimism about India's economic outlook, citing improvements in both rural and urban consumption driven by factors like good monsoons and tax cuts. He anticipates a pickup in corporate earnings supported by lower interest rates and ample liquidity.
Bryce Harper out of Phillies’ lineup with ongoing right wrist soreness
Philadelphia Phillies slugger Bryce Harper is sidelined again, this time due to soreness in his right wrist. After returning from a recent elbow injury, Harper missed Friday’s June 6, game against the Pirates. Phillies manager Rob Thomson confirmed the injury is day-to-day, and the team aims to avoid further aggravation
Morgan Nick missing update: Hair sample DNA links to mother, siblings. Details here
Morgan Nick abduction case was a pretty famous case which had got nationwide attention and was featured on popular television shows like ‘Unsolved Mysteries’ and ‘America’s Most Wanted’.
Interim Budget may target 5.3% fiscal deficit for FY25: Ind-Ra
Budget 2024: India Ratings and Research (Ind-Ra) stated that the government aims to achieve a fiscal deficit to GDP ratio of 5.3% in FY25. However, it may miss the 5.9% target for FY24 due to a lower nominal GDP growth rate. The government plans to reduce the fiscal deficit to 4.5% of GDP by FY26. Ind-Ra projected a net tax revenue buoyancy ratio of 1.2x in FY25. It also noted a slowdown in capex growth in FY25 and limited scope for revenue expenditure rationalization.
Uber bets on holiday travel demand to forecast strong fourth quarter
After a bruising 2022, the dominant U.S. ride-hailing company has benefited from the return-to-office push by companies and resilient travel demand despite inflation.
Hyperlocal delivery revolution: How shopping trends are changing the logistics industry?
For hyperlocal deliveries, speed is the core essence, where customers expect their deliveries within a few hours, if not minutes.
We have initiated coverage both on Zomato and Paytm; looking at a 30% upside: Hemang Jani
Equity strategist Hemang Jani believes that India has a long runway of growth for food delivery, fintech, and other industries. Market exuberance for startup companies has returned as prices among these companies fell sharply and operational numbers have improved. Zomato and Paytm are two popular startup companies that are becoming more compelling for high-risk investors.
IT remains a strong sector with intact earnings growth: Chakri Lokapriya
“EV as a theme is here to stay. So that way, TVS Motor, Greaves Cotton, will do well because one, a) valuation is on the side, b) volumes on the EV space are coming through and c), after the current cycle of interest rate hike, as it peaks, we will see a return of demand for two-wheeler segment.”
Chakri Lokapriya on his Diwali bet and why he likes it
“UPL is a Nifty name and it has been down partly because of fears that their performance in Europe will be weak. However, the other geographies in which it operates look very strong including India. The stock trades at a very low valuation of about 9 times for a business of its size and a company of its size. The stock clearly offers sufficient upside over the next six to 12 months. ”
Multibagger Tracker: After 600% rally, this IT midcap in no mood to slow down
Among the key triggers for the stock would be strong revenue growth, said ICICIdirect, which is expected to be achieved via client mining, multi-year deals, expansion in Europe & APAC and focus on niche verticals.
TCS Q1 results: First miss in a year likely to drag stock in the short term
TCS' sequential revenue growth at 2.4 per cent in constant currency terms was lower than consensus estimate of 3.3 per cent. Ebit margin declined by 133 basis points to 25.5 per cent, which was broadly in line with expectations. The fall in margin included a 170 basis points hit due to wage hikes, which was partly offset by a 30 basis points forex tailwinds.
Dow Jones flat after three-day rally
The Dow Jones Industrial Average was down 25.50 points, or 0.10 per cent, at 26,264.48.
CLSA maintains sell on Biocon, target price Rs 220
The company’s third quarter result was operationally in line with estimates but a higher tax rate led to a 10% miss on reported profit.
View: Operation Twist worked where rate cuts failed
On a net basis, with the commencement of Operation Twist, we expect a cooling down to equilibrium in rates, and a continuation of the brent-linked stability in the rupee.
Renault-Nissan-Mitsubishi alliance plans LCV re-entry in India
Indian small commercial vehicle market is set to cross 1 million units in the coming years with demand for last-mile connectivity rising due to increasing urbanisation and growth in ecommerce.
India's GDP growth to expand about 8% in next two years: S&P
S&P said India does not face any fiscal or external sector concerns, pointing out that even Brexit did not have a meaningful impact on external variables.
Earnings upgrades highest in 10 quarters! Worst is over: Analysts
D-Street was teeming with earnings downgrades, with even the bluest of blue chips facing analysts’ wrath. But after the Q4FY'16, things have begun to change.
Rising oil, auto, power demand point to strong revival: Report
Demand growth in oil, which hit an 11-year high in September and October, coupled with rising consumption of power and auto sales point to a strong economic revival that was missing for many years, Swiss brokerage Credit Suisse has said.
Expect shortcovering-led rally once Nifty crosses 8,400
Nifty found resistance at 8,332 level yesterday and has struggled around 8,320-8,340 on the upside. This will be a crucial level.
Jabong partners with coffee shops and fuel outlets to expand delivery reach
“Our hypothesis is that if we can provide convenient delivery support then there is potential to get 70% of our demand from nonmetros”
Index likely to give fresh breakout once Bank Nifty gains momentum: Mitesh Thacker
"Once we get a good strong price action on the Nifty, 80-90-point kind of movement on the Nifty, then that should signal a pickup in the momentum."
ETFs seeing large amount of flows coming in: Dilip Bhat, Prabhudas Lilladher
"A lot of attention also has gone into the midcaps, in the last one week or so. But it has been largely ETF money which is being concentrating more on select stocks."
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