More than a million families battling the cost of living will get some relief with the federal government’s new childcare rebate boost coming into effect. From Monday, families earning more than $80,000 and less than $530,000 with one or more children under five will receive childcare subsidies of up to 90 per cent depending on … Read more
Brokerage firm Emkay maintained a buy rating on ONGC and Oil India, Morgan Stanley remained overweight on Can Fin Homes, and CLSA has a buy rating on J Kumar Infra. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Emkay on Oil & Gas: Oil India and ONGCEmkay … Read more
A popular Asian restaurant with two locations in Melbourne has gone into administration as an emotional post from the company’s co-founder details the company’s struggles. Calia, a restaurant-to-retail brand launched in 2016, went into administration on June 28 according to documents filed with the Australian Securities and Investments Commission (ASIC). Co-founded by Jason Chang and … Read more
Shares of Infosys on Tuesday fell up to 2.5% to the day’s low at Rs 1,522.50 on BSE after a global company terminated the MOU for a $1.5 billion deal with the IT giant. “The global company has now elected to terminate the Memorandum of Understanding and the parties will not be pursuing the Master … Read more
An Australian online clothing retailer has collapsed suddenly, becoming the latest business to fall victim to rising costs and falling consumer demand. Australian Made Clothes announced the shock closure via social media this week, confirming the e-commerce business australianmadeclothes.com.au would be shutting. “We simply can’t continue operating,” the post read. “We would like to thank … Read more
Pakistani-Hindu Dr Saveera Parkash is set to be the first woman candidate from the minority community to stand in the upcoming general elections from Buner district of Khyber Pakhtunkhwa province. Parkash submitted her nomination papers for the general seat of PK-25 on December 23, Dawn reported. She presently serves as the Pakistan People’s Party (PPP) … Read more
A popular coffee chain, with four locations in Melbourne, has gone into administration. Puzzle Coffee went into voluntary administration on June 28, according to documents listed by the Australian Securities and Investments Commission (ASIC) The café chain, which boasts cafés at Swanston St, Melbourne Central, Southern Cross Station and Chadstone Shopping Centre, said they are … Read more
Equity indices extended gains for a second day on Friday amid a firm trend in the US markets. The 30-share BSE Sensex climbed 241 points to settle at 71,106 and the broader Nifty50 went up by 94 points to 21,349. Stocks that were in focus include names like GAIL, which rose 7%, Polycab, which fell … Read more
The Reserve Bank of Australia will get its first woman leader as the federal government chooses not to extend Philip Lowe’s tenure. Lowe will be replaced by Michele Bullock, the current deputy governor of the central bank. WATCH THE VIDEO ABOVE: Michele Bullock named new RBA leader. Treasurer Jim Chalmers has repeatedly expressed his admiration … Read more
Mumbai: Equirus Securities has initiated coverage on IndiaMART InterMESH, parent of online marketplace IndiaMart, with a ‘long’ rating and a price target of ₹3,180 by March 2025. The price target implies an upside of 17% over the stock’s Friday closing price of ₹2,710. The brokerage said IndiaMART is trading at a premium to multiples of … Read more
