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Event prediction markets like Kalshi and Polymarket are buzzing in America: Should India allow them too?
markets
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MET
Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value
Blockchain
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Provident
The great crypto reckoning: Wake up and get real about this class of pseudo assets
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What lies ahead for Altcoins: Looking at the future of diversified portfolios
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11.12 / 17:53
security
Strategy
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Food
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International
Hershey's majority owner turns down Mondelez's takeover bid as too low
US chocolate maker Hershey has rejected a preliminary takeover offer from Mondelez International, people familiar with the matter said, potentially ending a fresh pursuit that would've created a food giant with combined sales of almost $50 billion. Hershey Trust, which has roughly 80% of the voting power at the company, turned down the bid as too low, said the people, who declined to be identified because discussions are private. Securing the trust's backing is vital for any deal for Hershey as it owns almost all of the company's Class B stock. Bloomberg News reported earlier this week that Mondelez made a preliminary approach for Hershey, citing people familiar with the matter. It's not the first time Mondelez has sought a deal. In 2016, it walked away from discussions about a potential takeover after seeing a $23 billion bid rejected by the chocolate maker.
11.12 / 17:53
11.12 / 17:23
Provident
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K12 Techno bags $40 mn from Kenro Capital at ₹5,000 crore valuation
Subscribe to enjoy similar stories. Bengaluru-based K12 Techno Services has secured $40 million ( ₹340 crore) from venture capital firm Kenro Capital, according to a statement from the education and technology services provider on Wednesday. The deal has been struck at a valuation of about ₹5,000 crore, a person aware of the matter said on condition of anonymity.
11.12 / 17:05
markets
Digital
Software
awards
Oscar
pop
reports
Oscars 2025 date: Academy Awards to be available for live streaming for first time. Details here
Oscars 2025 is set to be live streamed on Hulu. This is the first time in its history that Academy Awards can be live streamed, Academy of Motion Pictures Arts and Sciences have announced, as per a report. Apart from the live streaming, the traditional live telecast of Oscars ceremony will continue as usual, the report says. Oscars 2025 will be live telecast on ABC. Oscars 2025 date and time details are out. Oscars 2025 will live streamed from 4 pm (PT) on March 2, 2025. Academy Awards red carpet will commence at 3.30 pm (PT).
11.12 / 17:05
markets
FIVE
BLOCK
Software
Schools
Videos
Peak XV, ChrysCap sell Awfis shares worth Rs 606 crore in block deals
Peak XV Partners and ChrysCapital sold shares worth Rs 606 crore in coworking space company Awfis on Wednesday through block deals. Together, the investors sold 8.5 million shares at Rs 709.90 apiece. This was a nearly 9% discount from Awfis’ closing share price of Rs 778.65 on Wednesday. While Peak XV Partners, which is tagged as a promoter of the New Delhi-based company, sold a 7.6% stake in the company, private equity firm ChrysCapital divested 4.5% stake.
11.12 / 17:05
security
Election
social
electronic
information
International
As BJP govt in MP completes 1 year in office, CM Yadav launches two programmes
Mohan Yadav on Wednesday launched two programmes to highlight development works of his administration and link more eligible people with welfare schemes. "Jankalyan Parv" (public welfare festival) and "Mukhyamantri Jankalyan Abhiyan" (public welfare campaign) will run on different dates through December-January. «It is a happy coincidence that today, on the occasion of International Gita Jayanti, Jankalyan Parv and Mukhyamantri Jankalyan Abhiyan are being launched. During Janlakyan Parv, which will run from December 11 to 26, foundation stones of several development works will be laid and a number of completed projects will be inaugurated,» Yadav said. The three-time MLA, who was elected the BJP legislature party leader on December 11, 2023, and took oath as CM two days later, was speaking at a function organized at the Motilal Nehru stadium in the state capital Bhopal. During the Jankalyan Abhiyan, which will run from December 11 to January 26, people from poor families, youths, farmers and women, who are eligible to avail benefits of various welfare schemes, will be identified through a survey and linked with these plans, Yadav informed.
11.12 / 17:05
markets
MET
Software
country
Successful Modi-Xi meeting signifies new beginning of India-China ties: senior CPC official
Narendra Modi and President Xi Jinping in Russia in October «signified a new beginning» of India-China relations, a senior minister of the ruling CPC has said. Liu Jianchao, Minister of the International Department of the Chinese Communist Party of China (CPC) was referring to the Modi-Jinping meeting at Kazan in Russia on the sidelines of the BRICS summit in Russia while speaking with the Indian envoy to China, Pradeep Kumar Rawat, on Tuesday, official media said on Wednesday. The restarting of China-India relations meets the fundamental interests of the 2.8 billion people of the two countries, corresponds to the common expectations of the Global South and is also in line with the correct direction of history, he said.
11.12 / 17:05
markets
UPS
Software
actress
Pregnancy
Within a month of announcing the pregnancy, Megan Fox dumps Machine Gun Kelly for this reason
Megan Fox breaks up with Machine Gun Kelly after a devastating revelation. After learning that Machine Gun Kelly was speaking to other women behind her back, Megan Fox breaks up with him, as quoted in a report by Page Six. She became suspicious and decided to go through his phone when they went away for the Thanksgiving holiday. The 38-year-old Transformers star decided she was done with MGK, whose real name is Colson Baker, after discovering text messages involving other women. Due to previous behaviour, the actress from Jennifer's Body always had trust issues with the 34-year-old rapper and singer-songwriter. Over the past few years, they have also experienced ups and downs, but she was prepared to put that behind them.
11.12 / 17:05
markets
Digital
Software
ICE
country
travelers
Destinations
Indians plan to sleigh through the Alps this Christmas
High on popularity charts is winter travel to European destinations with Thomas Cook and SOTC seeing a 50-60% increase in business for winter tours this year. “Consumers are displaying a keen appetite for ice and outdoor snow experiences including skiing, snowshoe trekking, crab fishing safaris, snowboarding and snowmobiling across Europe’s Alpine regions of Switzerland, France, Austria and Germany,” said Rajeev Kale, president and country head for holidays, MICE and Visa, Thomas Cook (India).
11.12 / 17:05
markets
Provident
Digital
Cooper
security
Software
Generals Sigdel, Dwivedi discuss bilateral defence cooperation, regional security concerns
The Chief of Army Staff of Nepal also met Chief of the Defence Staff General Anil Chauhan, National Security Advisor Ajit Doval, Defence Secretary Rajesh Kumar Singh and Foreign Secretary Vikram Misri. The meetings sought to further strengthen the ties between the two countries, the ministry said in a statement on Wednesday.
11.12 / 17:05
markets
UPS
Digital
Software
Death
Experts
PAM
'Beat me up after drinking...': Atul Subhash's estranged wife accused him of harassment, abuse in police complaint
Atul Subhash's death broke, new details from his wife, Nikita's complaint against her in-laws have come to light. Nikita had filed a complaint in Jaunpur, Uttar Pradesh, alleging harassment and assault for dowry. The complaint accused Atul, his parents, and brothers-in-law of demanding additional dowry and subjecting Nikita to physical and mental abuse.
11.12 / 17:05
markets
Digital
Platform
Software
Sustainability
Experts
PAM
Corporate affairs ministry introduces e-adjudication to boost stakeholder confidence: Official
Ministry of Corporate Affairs (MCA) has introduced e-adjudication and e-consultation platforms to streamline legal proceedings and foster a more business-friendly regulatory environment, a senior official said on Wednesday. Addressing the ASSOCHAM-ACCA Global Summit on Responsible Corporate Governance and Sustainability Reporting, Anita Shah Akella, CEO of the Investor Education and Protection Fund Authority (IEPFA) and Joint Secretary at MCA, highlighted the government's commitment to balancing corporate integrity with economic dynamism. The introduction of e-adjudication and e-consultation platforms aims to simplify legal procedures, improve stakeholders' experience, and bolster India's ranking in the ease of doing business.
11.12 / 17:05
markets
Digital
Software
SpaceX
President
reports
Department
Big windfall for Silicon Valley techies? Trump's unprecedented policies may benefit them in a big way; here's how
Billionaire Elon Musk’s close proximity to President Trump was the first indication of the President-elect’s willingness to further a neo-tech agenda. Musk has been given the responsibility, along with Vivek Ramaswamy, to head the the Department of Government Efficiency (DOGE), which will work towards cutting wasteful government spending and reducing budget deficits. Musk, the founder of new-gen technology firms like SpaceX, Neuralink and Starlink, is touted to be the 'world’s second most powerful person' after Trump takes office in January, according to an Axios report. Also Read: Real shame? After being pelted with mud in flood-hit Valencia, Spain's King Felipe and Queen Letizia cause political scandal for not showing up at Notre Dame reopening ceremony
11.12 / 16:37
markets
Digital
Google
Action
Software
Gemini
Experts
Google unveils latest AI model, Gemini 2.0
Google on Wednesday announced the launch of Gemini 2.0, its most advanced artificial intelligence model to date, as the world's tech giants race to take the lead in the fast-developing technology. CEO Sundar Pichai said the new model would be marking what the company calls «a new agentic era» in AI development, with AI models designed to understand and make decisions about the world around you. «Gemini 2.0 is about making information much more useful,» Pichai said in the announcement, emphasizing the model's enhanced ability to understand context, think multiple steps ahead, and take supervised actions on behalf of users.
11.12 / 16:37
FIVE
Sustainability
awards
WhatsApp
Department
Odisha govt approves 7 renewable energy projects worth Rs 1,386 cr
The approved projects include a 99 MW wind power project, five ground-based solar projects of 91.77 MW and one rooftop solar project of 1.64 MW, it said. These projects will leverage Odisha's natural potential for renewable energy generation, emphasising the state's commitment to achieving its renewable energy goals under the Odisha Renewable Energy Policy-2022, the department said.
11.12 / 16:37
markets
BLOCK
Digital
Software
Experts
Courts
Coal scam: Delhi court acquits ex-coal secretary, others
coal scam case related to allocation of two coal blocs in Odisha. Besides Gupta, special judge Sanjay Bansal acquitted Navabharat Power Pvt. Ltd., its then chairman P Trivikrama Prasad and then managing director Y Harish Chandra Prasad, and former joint secretary in coal ministry K S Kropha, and K C Samaria, former director in coal allocation section of the ministry. The judge held the CBI had failed to prove beyond any reasonable doubt that any «misrepresentation» was made by the accused. The judge further said no case of cheating was made out as no one was induced.
11.12 / 16:37
markets
Digital
Strategy
Software
awards
Experts
innovations
FMCG sector needs to reignite volume expansion, embrace distribution innovation, say experts
FMCG sector needs to reignite volume expansion and embrace strategic innovation to maintain growth, Pidilite Managing Director Bharat Puri said on Wednesday amid the FMCG companies reportedly facing subdued growth during October and November hit by the slowdown in urban demand. «To maintain growth, the FMCG sector must focus on reigniting volume growth and embracing strategic innovation. Companies have shown that market outperformance is possible through product and distribution innovation,» said Puri at a Summit on the FMCG sector hosted by the CII here. Noting that modern trade and quick-commerce channels are thriving, offering new growth avenues, he said insurgent brands are capturing significant growth by winning the hearts of underserved customers. «To stay competitive, companies must innovate, invest in digital capabilities, and adopt entrepreneurial operating models, while maintaining robust data strategies for personalized engagement,» Puri, who is also the chairman of the CII, FMCG National Committee, added.
11.12 / 16:23
markets
Digital
Strategy
Software
country
stars
reports
Japan in dire straits: Tokyo to introduce 4-day workweek from April 2025 as country faces big problem; here's how it is trying to solve it
fertility rates are dropping to major lows, possibly due to the current structure of work culture in Japan.
11.12 / 16:23
markets
Provident
BLOCK
Digital
Strategy
Software
awards
Telcos deploy tech to block all pesky messages: COAI
Telecom operators have deployed technology to block all pesky messages with immediate effect, industry body COAI said on Wednesday. The Telecom Regulatory Authority of India (TRAI) had set deadline of December 11 for telecom service provider to trace and block all messages that do no comply with its rule to stop pesky messages. «In line with the directive issued by the Telecom Regulatory Authority of India (TRAI) on August 20, 2024, all commercial messages sent by Principle Entities (PEs) must now be fully traceable. »Effective December 11, 2024, messages that do not have a defined or matching telemarketer (TM) chain will be blocked, reinforcing a significant step towards safer and more transparent communication channels," COAI, Director General, SP Kochhar said in a statement.
11.12 / 16:23
markets
UPS
Action
Research
Trade
country
reports
Ahead of Market: 10 things that will decide stock market action on Thursday
benchmark indices closed flat on Wednesday, with gains in consumer and IT stocks, as market participants awaited key inflation data from U.S and India for cues into the rate trajectories of the two countries. The benchmark S&P BSE Sensex rose 16.09 points or 0.02% to settle at 81,526.14, while the broader Nifty 50 index closed at 24,641.80, higher by 31.75 points or 0.13%.
11.12 / 16:23
markets
Software
Election
Celebrity
PAM
reports
Relationships
Is Donald Trump Jr. who is engaged to Kimberly Guilfoyle dating socialite Bettina Anderson? The two were spotted holding hands in Palm Beach
Donald Trump Jr. was pretty recently spotted holding hands with socialite Bettina Anderson during a birthday celebration for Bettina Anderson in Palm Beach located in Florida, reported US Weekly. According to US Weekly, the couple was eventually seen leaving the restaurant named Buccan while Donald Trump Jr. was dressed in a suit and Bettina Anderson was seen in a stylish outfit featuring a black vest and flowy trousers. This recent public display of affection has fueled several speculations about the status of engagement of Donald Trump Jr. to Kimberly Guilfoyle which has reportedly been rocky during recent times. Donald Trump Jr. and Kimberly Guilfoyle who eventually got engaged in the month of December in the year 2020 have been facing some serious challenges in their relationship while eminent sources are indicating that they have spent a considerable amount of time being apart, asserted US Weekly. Kimberly Guilfoyle was also recently nominated by US President- elect Donald Trump to serve as the US Ambassador to Greece which was a move that coincided with the rising rumors about Donald Trump Jr.'s new romance.
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