Category: Uncategorized

FedEx Presents “Deliver Today, Innovate for Tomorrow” Strategy

MEMPHIS, Tenn.–(BUSINESS WIRE)–FedEx Corp. (NYSE: FDX) is hosting an investors meeting today where President and Chief Executive Officer Raj Subramaniam and the FedEx leadership team will present a strategic plan to deliver more value for customers, stockholders, and team members. FedEx will also outline its fiscal 2025 financial targets. “The FedEx team and its unparalleled network have been connecting the world and creating opportunities since our founding,” Subramaniam said. “As we enter t

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GST Council defers tax on casinos, lottery; GoM to re-deliberate by July 15

The GoM will have to submit report by July 15 and then the Council will meet either on August 1 or in the first week of August, says FM Sitharaman

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Election for Vice President to be held on Aug 6, counting on same day: EC

The notification for the election to decide the successor of M Venkaiah Naidu will be issued on July 5 and the last date for filing of nomination papers will be July 19.

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Sebi lets FPIs to participate in exchange-traded commodity derivatives mkt

At its board meeting, the watchdog also cleared amendments to regulations governing mutual funds and portfolio managers.

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Ryder Second Quarter Conference Call Scheduled for July 27, 2022

MIAMI–(BUSINESS WIRE)–Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, today provided details regarding its conference call scheduled for July 27, 2022, at 11:00 a.m. Eastern Time. During the call, management will review second quarter 2022 results. The call will be webcast over the internet. What:   Ryder System, Inc. Second Quarter 2022 Earnings Conference Call         Who:   Chairman and Chief Executive Officer Robert Sanchez

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Velodyne Lidar CMO Sally Frykman Wins Woman of the Year Award at Sensors Converge Conference

SAN JOSE, Calif.–(BUSINESS WIRE)– #Lidar–Velodyne Lidar announced its Chief Marketing Officer Sally Frykman won the 2022 Woman of the Year award from Sensors Converge and Fierce Electronics.

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Rupee falls 18 paise to close at new low of 79.03 against US dollar

At the interbank foreign exchange market, the rupee opened lower at 78.86 against the greenback and finally settled at 79.03, down 18 paise over its previous close.

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No decision taken by GST Council on extending compensation to states

A final decision is likely to be taken at the next meeting of the council in August.

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UltraTech Cement paying for Russian coal in Chinese yuan: Report

UltraTech importing from Russian producer SUEK, valued at 172.7 mn yuan; SUEK’s Dubai unit facilitated trade from Russia’s Vanino port; traders say other companies set to pay in yuan for Russian coal

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El vehículo número 100 000 de Leapmotor sale de la cadena de montaje

HANGZHOU, China–(BUSINESS WIRE)–Hoy ha salido de la línea de montaje el vehículo número 100 000 de Leapmotor producido en serie. El S01, el primer vehículo de Leapmotor producido en serie, había salido de las mismas líneas de montaje el 28 de junio de 2019. La empresa ha tardado tres años en pasar de cero a 100 000 vehículos eléctricos inteligentes -del S01 al C11 (el vehículo número 100 000)- y sólo seis meses en pasar de 50 000 a 100 000 vehículos. El fundador y presidente de Leapmotor, Zhu

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