Unilever has recalled several aerosol dry shampoos from the US market, including Dove. According to a report, the company has taken this step after detecting the presence of a benzene chemical in these products. This chemical can cause cancer. According to the US Food and Drug Administration (FDA), these products were made before October 2021 and distributed to retailers across the country.
Open FlipShares of Indraprastha Gas Ltd, which supplies natural gas as fuel, have seen a jump of 7 per cent today. In fact, the reason behind the purchase is that the new chairman and additional director of the company have been appointed. Sukhmal Kumar Jain has been appointed as chairman and additional director of Indraprastha Gas.
Open FlipShares of Rail Vikas Nigam Limited (RVNL) grew for the second consecutive session today after securing a Letter of Acceptance (LoA) from the Ahmedabad Municipal Corporation (AMC). Shares hit a high of Rs 40.15, up 8.08% from the previous close of Rs 37.15 on the BSE. The stock rose 13% in a month. At the same time, shares of RVNL have gained 14.24% so far this year and 2.45% in the last one year.
Open FlipAbout 14.62 lakh new members joined the social security scheme run by the Employees' State Insurance Corporation (ESIC) in August 2022, says the National Statistical Office (NSO) report. The latest data shows that the total new enrolments with ESIC increased to 1.49 crore in 2021-22. It was 1.15 crore in 2020-21. At the same time, 1.51 crore in 2019-20 and 1.49 crore in 2018-19.
Open FlipShares of Gautam Adani-led Adani Group have given strong returns to investors in Samvat 2078. Adani Power has been the top gainer, with a gain of 216%. Adani Total has gained 128%, and Adani Enterprises 121% during this period. At the same time, Adani Wilmar recorded an increase of about 197%. Market experts are bullish on Adani Group shares for the next 12 months, citing a favorable environment.
Open FlipAnand Varadarajan, director of Asit C Mehta Financial Services, has said in a conversation that there will be very few analysts at the time who will be in favor of betting on public sector companies. Given India's growth and rising domestic investment, it seems that the Nifty can also cross the level of 20000-22000 in Samvat 2079.
Open FlipExperts are looking very bullish about the stock of HDFC Life, a big company working in the insurance sector. However, during the last trading session, the company's stock has fallen by one and a half percent. Today, on October 25, its shares have closed at a price of Rs 533.45 on the BSE. The domestic brokerage firm has set a target of Rs 755 to invest in it.
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Open FlipThe central government will take strict steps against paid ratings appearing on e-commerce websites to relieve consumers. The Bureau of Indian Standards (BIS) has proposed to delink rentals taken by giving rewards from independent ratings. The BIS says that now websites will not be able to include the reviews that have been received by giving rewards in the overall rating of a product.
Open FlipShares of Laurus Labs fell nearly 6 per cent intraday to Rs 450 on the BSE on Tuesday, October 25, its lowest level in four months. The special thing is that the stock has seen a decline with heavy volumes. At the end of the session, the stock closed 5.61 per cent lower at Rs 452.90.
Open FlipAs part of its continuing crackdown against Google, the Competition Commission of India (CCI) has charged a second penalty of INR 936 Cr on the tech giant in an antitrust probe. Today, the Competition Commission of India (Commission) charged a penalty of INR 936.44 Cr on Google for abusing its dominant position for its Play Store policies, apart from issuing a cease-and-desist order.
Open FlipLaurus Labs: After weak results, the company's stock has seen a huge decline. Today, the stock closed down 5.4%. Tech Mahindra: This IT stock saw a good rise today. It was the top gainer of Nifty as It gained 3.3%. During today's trading session, SBI, Bank of Maharashtra, Bank of Baroda, Punjab & Sind Bank, UCO Bank, Central Bank have seen an increase of 1.1 percent.
Open FlipSameer Arora, founder and fund manager of Helios Capital, has said that the economy and the stock market are not very closely connected to each other. In such a situation, there is no major impact on the market of economic reforms. Sameer Arora tried to explain by giving the example of many countries of the world that in some way the low GDP rate per capita has little effect on the stock market.
Open FlipOn Tuesday, General Motors Co GM shares traded higher after announcing better-than-expected financial results. According to Benzinga Pro, it reported third-quarter revenue of $41.89 billion, which beat average analyst appraisals of $41.77 billion. The company declared quarterly earnings of $2.25 per share, which beat average estimates of $1.89 per share.
Open FlipThe Federal Trade Commission punished alcohol delivery company Drizly Inc and CEO Cory Rellas for likely security lapses linked to a 2020 data breach. The proposed order mandated Drizly, a subsidiary of Uber Technologies Inc., to eliminate unnecessary data and specify the information the company can collect and retain. UBER shares closed lower by 0.14% at $27.61 premarket on Tuesday's last check.
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