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27.11 / 20:03
markets Digital SUN Google Strategy awards ZF Group sells 4.3 pc stake in Indian subsidiary for Rs 1,022 crore
ZF Group on Wednesday divested a 4.32 per cent stake in its Indian subsidiary ZF Commercial Vehicles Control System (CVCS) India for Rs 1,022 crore, according to exchange data. According to the bulk deal data on the NSE, WABCO Asia Pvt Ltd, promoter and forming part of ZF Group sold a 4.3 per cent stake or 8.2 lakh shares of the company. The shares were offloaded at an average price of Rs 12,465.19 apiece, taking the transaction value to Rs 1,022.14 crore. Meanwhile, Aditya Birla Sun Life Mutual Fund acquired 1.60 lakh shares of ZF CVCS India at an average price of Rs 12,400 per piece, taking the deal value to Rs 199.24 crore. Wabco Asia's holding in ZF CVCS India has come down to 63.17 per cent from 67.49 per cent.
27.11 / 20:03
Strategy TUI film voice stars reports Features Disney's Moana Live-Action movie release date: When will Dwayne Johnson's movie premiere?
Moana Live-Action movie featuring Dwayne Johnson will be released at theatres. Johnson acted as Maui. John Tui will play the role of Chief Tui, Frankie Adams will play Sina, and Rena Owen plays the pivotal role of Gramma Tala, as per a report The Direct. While, Moana Live-Action movie's production has been concluded in November, the film's post-production will take around 1.5 years, The Direct reported.
27.11 / 20:03
markets Williams Strategy Monarchy PAM reports Relationships Do Queen Camilla and Kate Middleton have a tense relationship? Her role in the monarchy may be re-evaluated when William becomes the king
Queen Camilla and Kate Middleton is explained by a royal source. Prince William has reportedly been preparing for his eventual accession to the throne, causing drama with King Charles, who is reportedly envious of his son's popularity, according to a report by Cosmopolitan. According to Us Weekly, Queen Camilla desires that her husband hold onto the reins for as long as possible. The Queen loves her responsibilities and has always wanted to be queen, so she doesn't want to let it go so fast. Camilla is apparently not happy about giving Kate Middleton her responsibilities either, as the two have always had a tense relationship.
27.11 / 20:03
markets Entertainment Strategy Election President travelers donates Biggest question: As Trump takes over as the 47th U.S President, what will his salary be? Here is a breakdown
US Constitution, US President- elect Donald Trump will receive an annual salary of $400,000, as determined by Congress. According to GO Banking Rates, in addition to this base salary, the US President is entitled to several allowances that enhance his financial package. These allowances include a $50,000 presidential expense account for personal and professional expenses, a $100,000 travel fund for official travel and an entertainment budget of $19,000 per year for hosting events. Also Read: Do Queen Camilla and Kate Middleton have a tense relationship? Her role in the monarchy may be re-evaluated when William becomes the king
27.11 / 20:03
markets Strategy PAM track concert exclusive Features Fortnite Remix: The Finale Live Event: All you may want to know
Fortnite Remix: The Finale live event is a major concert experience happening in-game. This event showcases global artists, exclusive tracks and special in-game rewards for participants.
27.11 / 19:29
markets Digital Strategy film Celebrity show reports Is Wicked movie offensive and racist against white people? MAGA pundit makes big accusation, labels Ariana Grande as Hispanic
Gina Loudon, who is an eminent MAGA media personality, pretty recently, criticized the film adaptation of ‘Wicked’ while claiming it was ‘offensive’ and ‘racist’ towards white people, reported Daily Beast. According to Daily Beast, during her show on Real America’s Voice, she mistakenly identified pop star Ariana Grande as ‘obviously’ Hispanic in spite of Ariana Grande being Italian-American. Gina Loudon expressed her disappointment with the film's portrayal of characters while particularly criticizing the casting of Ariana Grande as Glinda, whom she described as a ‘ditzy, blonde and white villain’. She also placed an argument that this representation perpetuates negative stereotypes about white people. Daily Beast asserted that in spite of the film's success at the box office which grossed near about $165 million in its opening weekend, Gina Loudon dismissed it as a product of ‘Holly-weird’ and part of a broader ‘woke’ agenda.
27.11 / 19:29
markets UPS Digital Strategy awards band Department DoT plans to refarm 1100 MHZ spectrum from various ministries, departments
Department of Telecommunications (DoT) is working on an ambitious plan to refarm more than 1100 MHZ spectrum from various ministries and departments and reallocating it to telecom operators for 5G and 6G services, a move that could garner over ₹5 lakh crore for the exchequer, officials told ET. DoT has identified spectrum across 10 bands which will be freed in the coming few years and put up for auction for telecom operators. «DoT has shared the proposal for consideration to the committee of secretaries (CoS) and clarity will emerge in a few months about how much spectrum can be freed for mobility use,» said an official privy to the details. Spectrum across bands including mid-band and some portion of 6 GHz is currently being utilised by the ministries of space, defence, information and broadcasting, railways and housing and urban affairs.
27.11 / 19:29
markets Digital Strategy Election show social reports Did Trump's aide Natalie Harp send out a series of passionate letters to the President-elect? Here's what reports are saying
president-elect's aide's adoring letters, Trump attacks the New York Times and its third-rate writer. In an overnight Truth Social tirade, Donald Trump attacked the failing New York Times, calling for an apology for its junk coverage of him and specifically targeting its correspondent Maggie Haberman. The president-elect wrote in the post, «Will the failing New York Times apologise to its readers for getting years of 'Trump' coverage so wrong?» They write such fake 'junk,' knowing full well how wrong it is, only to make fun of it, as quoted in a report by The Independent. The newspaper has a long history of rigorous fact-checking and has been transparent about its methods. Also Read: Is the war over and will Ukraine surrender? Russia is advancing in the country at the fastest rate since 2022
27.11 / 19:09
markets Digital Strategy awards Moodys trends Experts Coal to remain crucial, green capacity to grow in India: Moody's
Moody's Ratings said Wednesday. The agency expects power demand here to rise by 5-6% annually during this period. The utilisation rate for coal-based power capacity is likely to be high at 65-70% despite additions. Although Asia Pacific power markets are undergoing carbon transition, current thermal generation, including coal, oil and gas, remains the key supplier of power, and this trend will continue for at least the next three years to support increasing power demand in the region, it said.
27.11 / 19:09
markets Experts PAM Inside social dance reports Peacemaker Season 2: When can you watch the new episode of the John Cena starrer?
As DC Studios reshapes its vision under James Gunn, Peacemaker Season 2 is set to play a pivotal role in this evolving universe. From casting updates to intriguing teases, here’s what we know so far about Peacemaker Season 2.
27.11 / 19:09
markets Reuters Experts War PAM reports Is the war over and will Ukraine surrender? Russia is advancing in the country at the fastest rate since 2022
Ukraine at their fastest rate since the early days of the 2022 invasion while they have already captured approximately 235 square kilometers (91 square miles) in just the past week, reported Reuters. This actually marks a record for the year 2024, with eminent analysts noting that Russian troops have taken control of near about 600 square kilometers (232 square miles) throughout the month of November. According to Reuters, the front line which had been largely static for two years is now seeing renewed activity, specifically in the Donetsk region where Russian forces are pushing towards key towns such as Kurakhove and Pokrovsk. The situation is becoming increasingly precarious while reports are claiming that North Korean troops are being deployed to support the Russian operations. Reuters asserted that Ukrainian President Volodymyr Zelenskiy has indicated that Russia's main objectives include occupying the entire Donbas region and pushing Ukrainian forces out of areas they have controlled since the month of August.
27.11 / 19:09
Aviat Aware Manufacturing Action awards Investigations Akasa Air gets notice over pilot retraining lapse
Directorate General of Civil Aviation (DGCA) has sent a notice to Akasa Air for failing to impart corrective training to a pilot who was responsible for a hard landing, according to people aware of the development. A hard landing occurs when an aircraft lands at a velocity beyond the manufacturer's permitted limit. DGCA rules mandate that after investigation is completed in such landings, the pilot should be sent for corrective actions like additional training in simulators. Sources cited above said that an Akasa Air flight from Bagdogra to Bengaluru was involved in a hard landing incident in March.
27.11 / 19:09
markets COST Target FIVE ICE awards rights M&M targets 'lifestyle buyers' for EV growth
electric vehicles and not just those planning to adopt eco-friendly modes of personal transportation, a senior company executive said. The Mumbai-based automaker on Tuesday made its first full-fledged foray into India's nascent EV market with the introduction of two pure electric models. These are the first two «born electric» models based on the company's latest INGLO vehicle architecture. M&M plans to launch three to five more models based on the same vehicle architecture over the next few years. «We're not targeting EV buyers, but lifestyle buyers. If we target EV buyers, we won't get anywhere. Our target is to convert ICE (internal combustion engine) to lifestyle EVs,» Rajesh Jejurikar, executive director, auto and farm equipment sector, Mahindra & Mahindra, told ET. He said the first thing M&M would want a potential customer to have is the desire to drive its EVs.
27.11 / 19:09
BLOCK awards WhatsApp Coal Mines: NLC, ACC among eight top bidders
NLC India Ltd, ACC Ltd and JSW Energy Utkal Ltd are among eight companies that emerged the highest bidders for coal blocks in the tenth round of commercial mining auction. The coal ministry launched the auction of commercial coal mines in June, while forward e-auctions for nine mines began November 21. In the forward auctions, the nine mines-three fully explored mines and six partially explored-were successfully auctioned. These nine mines have a combined geological reserve of around four billion tonnes and a cumulative peak rated capacity (PRC) of 14.10 million tonnes per year, excluding partially explored coal mines. NLC bid the highest for the New Patrapara South block in Odisha, having geological reserves of 720.9 million tonnes. ACC was the highest bidder for Sarai East (South) in Madhya Pradesh. JSW Energy Utkal was the highest bidder for Odisha's Bartap mine, which has the highest reserves among all blocks at 1.6 billion tonnes. The mines are expected to generate annual revenues of ₹1,446 crore.
27.11 / 19:09
Sustainability DISH trends Wildlife stars ArpegeParis
Alain Passard is a pioneer of plant-powered cuisine. At his Paris restaurant, Arpege, he famously removed meat from the menu in 2001-well before the global trend toward plant-based dining had taken hold. This bold move caused a stir, delighting non-meat eaters and setting a precedent in fine dining. While some protein has since made its way back into select dishes, vegetables and plant-based ingredients remain the undisputed stars of the menu. Arpege's offerings are uniquely adaptable to dietary preferences, a rarity in haute cuisine. The secret lies in the fresh produce sourced daily from Passard's three biodynamic and organic farms just outside Paris. These farms not only supply impeccable ingredients, but also support local wildlife and reduce carbon footprint. Passard's commitment to sustainability ensures that nothing is refrigerated for long periods, preserving the essence of each ingredient.
27.11 / 19:09
markets Entertainment Strategy awards Experts PAM Malls may cut multiplex space as cinema-led revenues shrink
mall developers plan to shrink multiplex spaces in their future projects as cinemas no longer attract big crowds and generate enough revenues throughout the year. Multiplexes used to generate 10% of the footfall of a mall, which has reduced to 6-7%, forcing the developers to rethink the strategy, industry executives said. «With alternate forms of entertainment, we are looking for rationalising cinema space in the mall,» said Sriram Khattar, vice chairman and managing director, rental business, at DLF.
27.11 / 19:09
markets Digital Platform Entertainment stars rights Sporting JioStar has the scale to lead impactful change in M&E sector: Uday Shankar
JioStar, the newly formed media behemoth spawned by the merger of Walt Disney’s Star and Viacom18, has the potential to reshape India’s media and entertainment landscape, Vice Chairman Uday Shankar says. “The merger gives us a strong foundation to innovate and experiment, paving the way for transformative change,” he tells Javed Farooqui and Vinod Mahanta in an in-depth conversation that touched upon subjects as diverse as industry structure, vision for the combined entity, and execution challenges in synergy capturing. Announced last week, the merger has created a company with Rs 26,000 crore ($3.1 billion) in combined revenue for FY24, reaching 750 million viewers through 115 TV channels under the Star and Colors brands. It also includes two of India’s leading streaming platforms, JioCinema and Disney+ Hotstar. In this exclusive interaction, Shankar discusses the vision for building India’s largest media and entertainment company, the challenges of competing with global tech giants, strategies to address sports business losses, and the future for television that many believe is in an attritional decline. Edited excerpts: Will the scale of JioStar be able to create a powerful differentiating factor? This merger presents a tremendous opportunity to redefine the relationship between content and consumers, as well as with key stakeholders like advertisers and distributors.
27.11 / 17:05
Target WhatsApp Justice reports Department Trump cabinet nominees targeted with bomb threats, 'swatting', spokesperson says
The threats were made Tuesday night and Wednesday morning, and law enforcement and authorities acted quickly to ensure the safety of those targeted, spokesperson Karoline Leavitt said in a statement. Leavitt did not say who exactly was targeting, and did not elaborate on the nature of the apparent threats. Spokespeople for the FBI and the Justice Department did not immediately respond to requests for comment.
27.11 / 17:05
markets Google Strategy pandemic Trade Experts track US stock market, Wall Street are betting on game-changing Donald Trump move. What is it?
The number of deals and their value are both below pre-pandemic levels. In the U.S. deal values fell 23 per cent in 2023 from just before the pandemic, while the number of deals slumped 20 per cent. The current year is on track for and even deeper slump, according to Dealogic, as per a report on AP. That could change thanks to the Federal Reserve loosening its interest rate policy and returning President Donald Trump vowing to slash regulations. Trump's planned cuts to the Federal Trade Commission could also mean less staff scrutinizing antitrust concerns.

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