Saturday, November 23
A former staffer of Vice President Kamala Harris urged President Joe Biden to resign and install his deputy as the first woman president of the country, although for a short duration. "Joe Biden has been amazing but he should fulfil one last promise - to be transitional," Jamal Simmons, former communications director for the vice president said on a social media post after making a similar suggestion during a Sunday talk show. "Joe Biden's been a phenomenal president, he's lived up to so many of the promises he's made. There's one promise left that he could fulfil, being a transitional figure. He could resign the presidency in the next 30 days, make Kamala Harris President of the United States-," Simmons told CNN's"Situation Room" in an interview. "It'd turn tables on Trump, keep Kamala
Toyota aims to make at least 2.5 million vehicles a year in China by 2030, three people said, an overhaul that will see it bring its Chinese sales and production operations closer together and allow local executives a freer hand in development. The plan, which has not been previously reported, represents a strategic pivot by the world's top selling automaker in the world's largest car market, underlining its ambition to claw back business lost to BYD and other local players in recent years. Toyota's strategy is in contrast to that of other global automakers, including Japanese ones, that are either scaling back or pulling out of China. It aims to boost production to as much as 3 million vehicles a year by the end of the decade, two of the people said. However, it has stopped short of estab
The share allotment for the Swiggy IPO is expected to be finalized today, with the company set to debut on both the BSE and NSE on November 13. Shares will be allocated to investors through a lottery system, supervised by the registrar. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made.They can check the allotment status through the BSE or by visiting the registrar's website. Here's how you can check the status on BSE or even on the registrar's website.Firstly, here's how you can know the status on BSEStep 1: Visit the BSE Website (https://www.bseindia.com/investors/appli_check.aspx)Step 2: Please select the issue name, that is the company's name in the drop down.Step 3: Enter the application number or PAN number to check the
The second quarter earnings season is underway and as many as 540 companies will announce their quarterly numbers for the July-September 2024 period today. Key results to watch out for include that of Hyundai, Nykaa, General Insurance, Zydus and BSE.Apart from the above, Jai Balaji Industries, Ion Exchange, Emami Realty, Elcid Investments, Ador Welding, Alchemist Corp, BCL Enterprises, Chatha Foods, DCX Systems, Kross Ltd, Likitha Infrastructure and a few others will announce their quarterly results.Nykaa Q2 expectationsOmnichannel fashion and beauty retailer Nykaa is expected to report strong growth in its profitability during the quarter ended September 2024.Net profit for the second quarter may triple YoY, according to an average estimate of four brokerages. Meanwhile, revenues are expe
Shares of smallcap stock Bajaj Steel Industries, which has given whopping returns of 211% in the last 1 year, are likely to remain in focus in today’s session as the company had announced November 12 as the record date for its 3:1 bonus issue.“In reference to our previous intimation dated October 03, 2024 and pursuant to Regulation 42 of the SEBI Listing Regulations, 2015, and on the receipt of shareholder’s approval at the EGM held on October 28, 2024, this is to inform you that the Bonus Shares Allotment Committee of the Company has fixed the date of Tuesday, November 12, 2024 as the “Record Date†to determine the eligibility of shareholders for the issuance of Bonus Shares in the ratio 3:1 i.e. three (3) new equity shares for every one (1) share held by the shareholders,†th
