Brown-Forman Corp. Cl B stock falls Tuesday, underperforms market
Maropost extends its "High Performer" streak in G2 Winter Reports while earning new "Easiest to Use" badgeNEW DELHI: The Nifty Pharma index traded around 10:25AM(IST)on Tuesday in a weak market. Granules India Ltd.(up 1.28 per cent), Glenmark Pharmaceuticals Ltd.(up 0.87 per cent), Biocon Ltd.(up 0.76 per cent), J B Chemicals & Pharmaceuticals Ltd.(up 0.51 per cent) and Alkem Laboratories Ltd.(up 0.11 per cent) were among the top gainers. Ipca Laboratories Ltd.(down 2.35 per cent), Lupin Ltd.(down 1.77 per cent), Divi's Laboratories Ltd.(down 1.65 per cent), Aurobindo Pharma Ltd.(down 1.33 per cent) and Sanofi India Ltd.(down 1.32 per cent) were the top losers on the index. The Nifty Pharma index was 0.67 per cent at 22028.25 at the time of writing this report. Benchmark NSE Nifty50 index was down 52.11 points at 24169.8, while the BSE Sensex was 188.23 points at 79921.62. Stock Trading Macroeconomics Made Easy: Online Certification Course By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Stock Trading Options Trading Made Easy: Options Trading Course By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Stock Trading Market 104: Options Trading: Kickstart Your F&O Adventure By - Saketh R, Founder- QuickAlpha, Full Time Options Trader View Program Stock Trading Options Scalping Made Easy By - Sivakumar Jayachandran, Ace Scalper View Program Stock Trading Cryptocurrency Made Easy: Cryptocurrency Course By - elearnmarkets, Financial Education by StockEdge View Program Stock Trading RSI Trading Techniques: Mastering the RSI Indicator By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading Introduction to Technical Analysis & Candlestick Theory By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading RSI Made Easy: RSI Trading Course By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Point & Figure Chart Mastery: A Comprehensive Trading Guide By - Mukta Dhamankar, Full Time Trader, 15 Years Experience, Instructor View Program Stock Trading Market 103: Mastering Trends with RMI and Techno-Funda Insights By - Rohit Srivastava, Founder- Indiacharts.com View Program Among the 50 stocks in the Nifty index, 18 were trading in the green, while 32 were in the red. Shares of Vodafone Idea, YES Bank, Sagility India, Tata Teleservices and Zomato were among the most traded shares on the NSE. Shares of 3P Land Holdings, Pix Trans, Aries Agro, Marksans Pharma and Shree Rama Multi hit their fresh 52-week highs in today's trade, while Adani Green, Digjam, Adani Transmission, Tree House Edu and Dhanvarsha Finvest hit fresh 52-week lows in trade. (You can now subscribe to our ETMarkets WhatsApp channel )
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Bengaluru-based Velocity, a cash-flow based financing, has announced a ₹200 crore fund in 2025 to support and accelerate growth in the restaurant and cloud kitchen ecosystem across India. Velocity is backed by Peter Thiel’s Valar Ventures. The fund was specifically designed to address the unique challenges faced by F&B brands and help them grow. F&B brands often struggled to secure financing from traditional sources like banks and NBFCs, the company said in a statement on Thursday. According to Velocity, the country’s F&B industry is undergoing a rapid transformation driven by the convergence of quick commerce, cloud kitchens, and ultra-fast delivery models. Platforms like Zepto, Swiggy Instamart, and Blinkit have introduced 10-minute delivery services such as Zepto Cafe, Bolt, and Bistro. To stay competitive, F&B brands are embracing technologies to better understand consumer behavior, standardize processes and are investing in automation and machinery. Published - December 19, 2024 11:57 pm IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp Reddit
Article content Just past the 23rd anniversary of her disappearance, the remains of 24-year-old Erum Kamal have been identified through DNA sequencing, the Edmonton Police Service said Tuesday . Kamal was last seen on Aug. 28, 2001, when she disappeared into the North Saskatchewan River, police said. Launched in August 2023, Project Match — which includes the EPS missing persons unit, Alberta RCMP ’s missing persons and unidentified human remains unit, and the Office of the Chief Medical Examiner — focuses on reviewing all of EPS’ historical unidentified human remains cases. “Partially unearthed” remains were discovered near a golf course in northeast Edmonton at 153 Avenue and 17 Street on Sept. 26, 2023, according to police. An anthropologist determined natural flooding and erosion likely led to the partial burial — not deliberate concealment. Police said the remains belonged to a “female who died within the past several decades.” When DNA yielded no matches in the National DNA Data Bank of Canada, funding from the Institute for the Advancement of Aboriginal Women allowed detectives to use genetic genealogy. This method provided key ethnic information about the person, leading police to link the remains to a 2001 missing person case. Investigators found possible family members in Ontario and obtained voluntary DNA samples from living relatives, EPS said. ‘Decades of ambiguous loss, grief, and trauma’ In November 2024, authorities confirmed the remains were Kamal’s and her death was non-criminal. “Our hearts go out to Erum’s family, who have experienced decades of ambiguous loss, grief, and trauma, and we hope this conclusion can bring them some measure of healing,” said acting Staff Sgt. Kevin Harrison, highlighting the importance of partnerships in Project Match. In February 2024, Project Match identified its first two historical human remains : Louise Laderoute and Irene Jacknife, who were found dead of non-criminal causes in the 1970s, police said. EPS’ missing persons unit has 14 unsolved unidentified human remains files dating back to 1979, police said, adding detectives will continue reviewing those files. Bookmark our website and support our journalism: Don’t miss the news you need to know — add EdmontonJournal.com and EdmontonSun.com to your bookmarks and sign up for our newsletters . You can also support our journalism by becoming a digital subscriber. Subscribers gain unlimited access to The Edmonton Journal, Edmonton Sun, National Post and 13 other Canadian news sites. The Edmonton Journal | The Edmonton SunHARRISBURG, Pa. (AP) — President-elect Donald Trump is underscoring his intention to block the purchase of U.S. Steel by Japanese steelmaker Nippon Steel Corp. , and he's pledging to use tax incentives and tariffs to strengthen the iconic American steelmaker. Trump had vowed early in the presidential campaign that he would “instantaneously” block the deal, and he reiterated that sentiment in a post on his Truth Social platform on Monday night. “I am totally against the once great and powerful U.S. Steel being bought by a foreign company” and will use tax incentives and tariffs to make U.S. Steel “Strong and Great Again, and it will happen FAST!” he wrote. “As President," he continued, "I will block this deal from happening. Buyer Beware!!!” President Joe Biden , like Trump, also opposes Nippon Steel's purchase of Pittsburgh-based U.S. Steel. Biden’s White House in September said that it had yet to see a report from the secretive Committee on Foreign Investment in the United States , which was reviewing the transaction for national security concerns. The committee, which is chaired by the treasury secretary and includes other Cabinet members, can recommend that the president block a transaction, and federal law gives the president that power. Ahead of the November election, the proposed merger carried political importance in Pennsylvania, a critical swing state that Trump eventually won. Biden publicly sided with the United Steelworkers, the labor union, in seeking to reject the deal. When he announced his opposition in a March statement, Biden said: “U.S. Steel has been an iconic American steel company for more than a century, and it is vital for it to remain an American steel company that is domestically owned and operated.” Nippon Steel has said it is the only company that can make the necessary investment in U.S. Steel's factories and strengthen the American steel industry. Both Nippon Steel and U.S. Steel on Tuesday released statements in support of the acquisition. "This transaction should be approved on its merits. The benefits are overwhelmingly clear. Our communities, customers, investors, and employees strongly support this transaction, and we will continue to advocate for them and adherence to the rule of law," U.S. Steel said. The deal follows a long stretch of protectionist U.S. tariffs that analysts say has helped reinvigorate domestic steel, including U.S. Steel. U.S. Steel's shareholders have approved the deal, but the United Steelworkers oppose it. In a statement Tuesday, the union said the deal carries “serious long-term implications for U.S. economic and national security.” “It’s clear that President Trump understands the vital role a strong domestic steel industry plays in our national security, as well as the importance of the jobs and communities the industry supports," the union said. The deal has drawn bipartisan opposition in the U.S. Senate, including from the incoming vice president, Republican Sen. JD Vance of Ohio, although the federal government's objections to the deal have drawn criticism that the opposition is political. Some U.S. Steel workers would prefer Nippon Steel acquire the company, given that it appears to have a better financial balance sheet than another potential buyer, Cleveland-Cliffs. U.S. Steel “provided a very, very good life for our families for a lot of years,” said Jack Maskil, a vice president at the Steelworkers local branch in West Mifflin, Pennsylvania. “And we feel that with the Nippon deal that a lot more families for futures to come will be able to share the same.” West Mifflin Mayor Chris Kelly said he met with Nippon Steel executives and found himself satisfied by their commitments. Located southeast of Pittsburgh, West Mifflin is home to U.S. Steel's Mon Valley Works–Irvin Plant. “There’s no question in my mind that it’s the best deal moving forward,” Kelly said at a panel hosted on Tuesday by the conservative think tank Hudson Institute, where Maskil was also speaking. The Biden administration committee vetting the merger is scheduled later this month to decide on the acquisition or possibly extend the ongoing review. William Chou, a deputy director at the Hudson Institute specializing in relations with Japan, said that "President-elect Trump's view on the deal are important." But given the upcoming deadline, “It's up to President Biden to recognize how this deal will advance the interests of future generations of U.S. Steel union steelworkers.” Trump’s statement came two weeks after Nippon Steel’s vice chairman, Takahiro Mori, visited Pittsburgh and Washington to meet with lawmakers, local officials and workers in an ongoing persuasion campaign. That campaign has included Nippon Steel's promises to boost its capital commitments beyond the original deal and, more recently, a pledge that it won’t import steel slabs that would compete with U.S. Steel’s blast furnaces. As part of its proposed $14.9 billion purchase of U.S. Steel, Nippon Steel also pledged to invest at least $1.4 billion in USW-represented facilities, not to conduct layoffs or plant closings during the term of the basic labor agreement, and to protect the best interests of U.S. Steel in trade matters. Boak reported from Washington.
An insane social-security giveaway, Biden tech deal aids CCP, hurts US and other commentaryMore than 20 states and cities designate December as Osteopathic Medicine MonthBallard announces multiple orders totaling over 6 MW of fuel cell engines for European bus market VANCOUVER, BC, Dec. 20, 2024 /PRNewswire/ – Ballard Power Systems (NASDAQ: ) (TSX: BLDP) today announced orders from two bus manufacturers to supply over 90 fuel cell engines, representing approximately 6.4 megawatts (MW) of total rated power, for the European and UK city bus market. Chief Commercial Officer at Ballard, said : “These orders further validate the benefits of fuel cells as a zero-emission alternative to diesel engines and the ability of Ballard engines to deliver the demanding performance requirements of city buses.” the latest news shaping the hydrogen market at Ballard announces multiple orders totaling over 6 MW of fuel cell engines for European bus market, Hong Kong – 42nd batch of applications approved for trials of green transport technologies and launch of Trial of Hydrogen Fuel Cell Heavy Vehicles under New Energy Transport Fund The Environment and Ecology... Toyota – Fuel Cell and Water Electrolysis System Production Plan Certified as a METI Support Program for Building GX Supply Chains Toyota City, Japan, December 18, 2024―Toyota Motor Corporation (Toyota) has... Honda to Utilize Existing Powertrain Unit Factory to Establish New Production Plant for Next-generation Fuel Cell System in Japan TOKYO, Japan, December 18, 2024 – Honda Motor Co., Ltd. today announced that it has...