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INSANE: 5 | Vintage Vibes

2 Stocks Investors Should Never Hesitate to Buy

With the market expected to remain under pressure in the near term, one could invest in quality dividend-paying stocks, Procter & Gamble (PG) and Darden Restaurants (DRI), without hesitation. Moreover, these stocks are expected to benefit this holiday season significantly. Continue reading.

StockNews.com

2 Consumer Stocks to Consider Buying This Week

Consumer spending remains resilient despite the macroeconomic uncertainties. Moreover, easing inflation pressures should boost consumer spending. Therefore, fundamentally strong consumer stocks McDonald's (MCD) and Darden Restaurants (DRI) could be ideal purchases amid the holiday season. Read on….

StockNews.com

DRI seizes Rs. 1.52cr worth foreign currency from Amritsar and Chandigarh airports, 2 arrested

LUDHIANA: In a major success to the Directorate of Revenue Intelligence (DRI) Zonal Unit Ludhiana, its different teams have foiled back to back two significant attempts of smuggling of foreign currency out of India via airports of Punjab.

The Times of India

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Heroin worth more than ₹100 crore seized at Mumbai airport; woman from Ghana among two held

The Directorate of Revenue Intelligence had laid a trap at the Chhatrapati Shivaji Maharaj International Airport on a tip-off that a passenger travelling from Malawi, an African country, was trying to smuggle narcotic drugs into India

The Hindu

Pakistani fishing boat with drugs worth ₹200 crore seized off Gujarat

According to officials, the fishing boat carrying drugs was intercepted mid-sea by a joint team of the Indian Coast Guard and Gujarat ATS near Jakhau harbour in Kutch district.

The Hindu

Woman traveller held at Gannavaram airport, 980 g gold seized

Accused smuggled ornaments from UAE, say DRI officials

The Hindu

Gujarat ATS and DRI in a joint operation seized heroin worth ₹200 crore from Kolkata

The drug consignment had apparently arrived from Dubai in February this year

The Hindu

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DRI arrests man in Bengaluru carrying 16 kg of heroin worth ₹112 crore

The biggest seizure for the Bengaluru unit of DRI, this is the second such arrest this week — on Aug 3, an African national was arrested for smuggling ₹11 crore worth of cocaine

The Hindu

DRI arrests two African nationals; seizes ₹34 crore worth heroin, meth

Bengaluru

The Hindu

India slaps Rs 4,389 crore notice on Oppo for import duty evasion; company says will contest charges

NEW DELHI: Chinese phone maker Oppo's India unit has been slapped with a notice for alleged Rs 4,389 crore import duty evasion, the finance ministry said on Wednesday.

The Times of India

DRI detects Customs duty ‘evasion’ of ₹4,389 crore by Oppo India

The DRI’s earlier searches yielded ‘incriminating’ evidence indicating alleged wilful mis-declaration in the description of certain items imported by Oppo India for use in the manufacture of mobile phones.

The Hindu

Heroin worth Rs 376 crore seized by ATS Gujarat after Punjab police alert

AHMEDABAD/CHANDIGARH: The Gujarat Anti-Terrorist Squad (ATS) on Monday evening seized 75.3kg of high-quality heroin, valued at Rs 376.5 crore in the international market, from a container at Mundra port in Kutch district, an official said on Tuesday. The contraband, hidden inside fabric rolls to evade detection, had been sent from…

The Times of India

Police seize 75 kg heroin near Mundra port in Gujarat

Officials say Gujarat’s ports and porous sea coast are being increasingly used as transit centres to smuggle drugs

The Hindu

Read How Analysts Reacted To Darden Restaurants' Q4 Results

Wedbush analyst Nick Setyan lowered the price target on Darden Restaurants Inc (NYSE:DRI) to $122 (3% upside) from $140 and kept a Neutral rating on the shares. The analyst noted that FY23 guidance is predicated on normalization in inflation trends in the second half and has lowered his FY23 EPS estimate to $7.60 from $8.41…

Benzinga

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Benzinga

Earnings Beat, Dividend Hike, New Buyback: Darden Restaurants' Q4 Highlights

Darden Restaurants Inc (NYSE:DRI) reported fourth-quarter FY22 sales growth of 14.2% year-on-year to $2.60 billion, beating the consensus of $2.54 billion. Same-restaurant sales increased 11.7% versus last year. Olive Garden sales increased 8.2%, LongHorn Steakhouse climbed 13.2%, and Fine Dining jumped 40.7%. Darden clocked an operating margin of 13%, and the operating income…

The Times of India

Ludhiana: 396 kg cannabis incinerated by DRI under drug destruction day

LUDHIANA: Zonal unit of Directorate of Revenue Intelligence (DRI) Ludhiana organised Drug Destruction Day on Wednesday.

The Times of India

Latvian national held with over 6 kg of cocaine at Mumbai airport

MUMBAI: A 24-year-old Latvian national was arrested by the Directorate of Revenue Intelligence (DRI) for alleged possession of 6.9 kg of cocaine at the Chhatrapati Shivaji Maharaj International Airport in Mumbai, an official said on Wednesday.

StockNews.com

Think Inflation Has Peaked? Then Consider Buying These 5 Consumer Discretionary Stocks

The Consumer Price Index is expected to remain flat in May. Furthermore, the leading indicators of inflation are showing signs of easing. So, we think investors who believe inflation has peaked could now look to add the stocks of consumer discretionary companies O’Reilly Automotive (ORLY), InterContinental Hotels (IHG), Darden Restaurants…

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The Hindu

Cocaine worth over ₹500 crore seized near Mundra Port in Gujarat

A team of DRI officials searched and scanned a container, which had arrived a few days back from Dubai and housed at a Container Freight Station near the port in Mundra.

The Hindu

₹1,526 cr. worth of heroin seized off Lakshadweep

Joint operation conducted by DRI and Indian Coast Guard

The Times of India

Ludhiana: DRI busts international drug ring; seizes heroin worth Rs 434 cr

LUDHIANA: Directorate of Revenue Intelligence (DRI) on Wednesday busted an international drug smuggling nexus operating from Africa with roots in Sahnewal in Punjab's Ludhiana district.

The Hindu

‘Over 10 crore drug users in India’

70% increase in narcotics consumption in past 8 years: Hyderabad CP

The Hindu

Cocaine worth ₹ 80 cr. seized at RGIA

Two foreign nationals were carrying 8 kg of contraband

The Times of India

Gujarat: 400kg of heroin-coated yarn seized at Pipavav

AHMEDABAD: Bearing an imprint of south American drug cartels, a consignment of 395 kg yarn coated with heroin was found by Gujarat Anti-Terrorism Squad (ATS) and Directorate of Revenue Intelligence (DRI) from a container.

The Times of India

Mumbai: DRI nabs 2 airline staffers for ‘aiding’ Rs 1 crore gold smuggling

MUMBAI: The Directorate of Revenue Intelligence (DRI) has unearthed a gold smuggling racket allegedly carried out with the assistance of two employees of a private airline and recovered 2kg gold worth Rs 1.1 crore. DRI also suspects that a total of 18kg gold worth Rs 9 crore has been smuggled…

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