Research reports by Emkay Global Financial Services, Ventura Securities, GEPL Capital and SBI Securities highlight company’s robust prospects
Rush, Arkansas, experienced a boom during World War I, driven by high zinc demand which transformed it into a bustling mining hub. Essential amenities like hotels and stores emerged to support the growing population and mining activities. However, post-war economic shifts resulted in a steep decline, reducing the community to just 344 residents by 1920.
In 1932, Dale Kleist, while researching the process of sealing glass blocks, inadvertently discovered the art of producing fine glass fibers. This breakthrough was pivotal in the creation of fibreglass insulation, which revolutionized manufacturing. Teaming up with Jack Thomas and Games Slayter, they refined the glass fiber production technique, ultimately leading to the establishment of Owens-Corning Fiberglas Corporation in 1938.
A tragic stampede at the Chorbagan Sarbojanin Durga Puja pandal led to 19 fatalities and 25 injuries. A committee led by a Calcutta High Court judge will investigate the incident. Compensation cheques of Rs 25 lakh will be given to each family of the deceased. Inspections of Durga Puja pandals across Kolkata are being conducted to enhance safety measures.
The Election Commission of India informed the Delhi High Court about two voters whose names were removed from electoral rolls. These voters could not complete the enumeration process for Special Intensive Revision due to a change of address. They sought to restore their names without using Form 6, but the court clarified their options. The court dismissed their plea and stated their concerns about false declarations were misplaced.
Foreign portfolio investors pulled out over Rs 52,000 crore from Indian equities in October, surpassing September outflows. Despite persistent FPI selling driven by rising US Treasury yields and elevated crude oil prices, benchmark indices Nifty and Sensex rebounded sharply, supported by robust domestic institutional buying and IT sector gains.
A pioneering dairy farmer in northern New York is merging the realms of agriculture and solar energy by partnering with a solar developer on a transformative agrivoltaics initiative. This groundbreaking design features ample spacing between solar panels, enhancing operational efficiency for farming tools. Expected to generate consistent revenue, the project aims to sustain existing agricultural work.
A microphone announcement warning that the Chorbagan Durga Puja pandal in north Kolkata could collapse may have triggered panic, contributing to a stampede that killed 19 people and injured 25 on Saturday. Police are examining a video of the warning while investigating alleged crowd-management lapses, confusing announcements and the sudden rush for shelter from rain.
New York City's ferry service has seen significant growth, now serving around 7.4 million passengers. To keep fares affordable amidst increasing demand, public funding remains essential. Over the years, rising ridership and fare revenues have lowered the subsidy needed per trip. NYCEDC is committed to balancing operational costs with equitable access, offering seasonal services and discounts to boost passenger numbers from diverse income groups.
China has condemned Japanese Prime Minister Sanae Takaichi for sending a ritual offering to Tokyo’s war-linked Yasukuni Shrine, a move that threatens to further strain ties between the neighbours. At the start of Yasukuni’s three-day autumn festival on Saturday, Takaichi sent a ritual tree-stand offering to the shrine in her capacity as prime minister, although she did not visit in person. Minoru Kiuchi, minister in charge of economic growth strategy, visited the controversial site the same day,...