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Event prediction markets like Kalshi and Polymarket are buzzing in America: Should India allow them too?
markets
Blockchain
MET
Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value
Blockchain
UPS
Provident
The great crypto reckoning: Wake up and get real about this class of pseudo assets
markets
Blockchain
Ethereum
What lies ahead for Altcoins: Looking at the future of diversified portfolios
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14.11 / 19:07
markets
Digital
CEO
Entertainment
security
Strategy
stars
Merger concludes! Viacom18-Star India valued at Rs 70,000 cr
Viacom18's TV and digital businesses into Star India securing all necessary regulatory approvals in India and abroad. In February, Reliance Industries (RIL), Viacom18 Media and The Walt Disney Company had signed an agreement to combine Viacom18 and Star India's assets to create India's largest M&E company valued at ₹70,352 crore ($8.5 billion).
14.11 / 19:07
Digital
Booking
security
Strategy
Courts
Relationships
RFK Jr.‘s digital mistress Olivia Nuzzi’s ex Ryan Lizza calls her a liar after she dropped claims against him
Olivia Nuzzi, RFK Jr.'s «digital» mistress, dropped her claims against her ex, Ryan Lizza, in their ongoing legal battle. The accusations, which included blackmail, device hacking, and threats of violence, were withdrawn after Nuzzi faced pressure from evidence her ex’s legal team presented.
14.11 / 18:29
UPS
Platform
Equality
AJ Bell cuts fees across multi-asset income range
AJ Bell's investments business has seen its assets under management grow to £6.8bn as at 30 September 2024, up 45%. As such, the OCF for the VT AJ Bell Income and VT AJ Bell Income & Growth funds will be reduced by 15 basis points, from 0.65% to 0.5%, from 1 November. AJ Bell is also offering smoothed income distributions for the two funds, comprising 11 equal monthly income payments and a final balance distribution in month 12. AJ Bell platform AUA up 22% in 12 months to £86.5bn Earlier this year, AJ Bell reduced fees on its Investcentre adviser platform to between 0.2% and 0.0...
14.11 / 18:29
UPS
economy
Election
Fund managers more bullish on global growth following Trump win
Of the 22% of participants who responded to the survey after the election results were announced, 23% expect stronger global growth, compared to the full month's results of -4% and up from -10% in October. The percentage of fund managers expecting a stronger US economy was 28% among the post-election respondents, -15% for the full month of November and -22% in October. What is next for the US after Donald Trump's re-election? An acceleration in China's growth and US tax cuts were picked as the most bullish developments, while an unpredictable surge in bond yields and a global tra...
14.11 / 17:57
Dogecoin
Blockchain
Digital
XRP
Election
Trade
Bitcoin
Robinhood Adds Solana, Other Cryptocurrencies for US Traders
Robinhood Markets (HOOD) is broadening its crypto offerings for U.S. traders, adding tokens like Solana (SOLUSD) and meme coin Pepe (PEPEUSD), as the frenzy continues for Bitcoin (BTCUSD) and other digital assets in the wake of Donald Trump's presidential election win.
14.11 / 17:23
markets
Digital
Cooper
Gap
awards
Experts
PAM
Urban cooperative banks need to evolve digitally: RBI Deputy Governor Swaminathan
Reserve Bank of India (RBI) Deputy Governor Swaminathan J on Thursday stressed the need for urban cooperative banks to evolve digitally, addressing IT and cybersecurity gaps as he highlighted the importance of improving the liquidation process to protect depositors' interests. Speaking at the Second Conference of State Registrars of Cooperative Societies (RCSs) here, Swaminathan also stressed the importance of coordinated engagement between the RBI and registrars of co-operative societies, respecting each other's roles. While financial indicators for UCBs have improved, he noted room for growth in business, asset quality, and liquidity, he said.
14.11 / 17:23
markets
Digital
CEO
Strategy
Sustainability
wellness
India big opportunity for Nykaa, may look at venturing into wellness: CEO
Nykaa founder and CEO Falguni Nayar on Thursday said India is a big opportunity for Nykaa and it may look at venturing into the wellness segment in the future as it is a good sustainable business. Speaking at the CNBCTV18 Global Leadership Summit here, she said it is the culture and speaking to the customers that matters in her business more than the cost. «I think Nykaa would love to go into wellness, which is a good long-term sustainable business that we'd like to pursue beyond beauty and fashion,» Nayar said when asked about the five-year roadmap for Nykaa. Stating that she continues to remain «very excited» about India and bringing great research-driven products to the country that Indians love, she said, «Privately, building products is what current focus is but in the long- run it could also be services.
14.11 / 17:23
markets
UPS
Manufacturing
CEO
Experts
PAM
country
Need balance between tariff, non-tariff barriers to strengthen manufacturing sector: Mahindra CEO Anish Shah
Mahindra Group CEO and Managing Director Anish Shah on Thursday pitched for a balance between tariff and non-tariff barriers for a stronger manufacturing sector in the country. «Indian industry needs no protection. We've had no protection for the last 20 years and if we had protection, we would not have the quality that we have today,» Shah said, while speaking at the CNBC TV18 Global leadership summit here. «With regard to duties, the questions are around non-tariff barriers along with tariff barriers… And frankly they should (be there) because that will put Indian manufacturing in a much stronger place,» he said. He was responding to a question on whether India needs to impose import tariffs on companies such as Tesla as they look at entering the Indian market.
14.11 / 17:23
Waves
Booking
Election
cover
Inside
Latin
Features
Rahul's Constitution waving concept stolen from Latin America, has boomeranged: Fadnavis
Congress leader Rahul Gandhi's waving of a red cover Constitution copy is a concept stolen from campaigns in a Latin American nation featuring «anarchist forces», Maharashtra Deputy Chief Minister and senior BJP leader Devendra Fadnavis said on Thursday. Speaking to select members of the press here, he also said the concept had boomeranged on the opposition, especially after it was revealed in a Congress rally in Nagpur that the inside pages of the Constitution copy Gandhi waves are blank. «This concept is stolen from a Latin American nation where elections were fought taking along anarchist forces and involved waving copies of the Constitution. This is not an original concept of the Congress,» the senior BJP leader said. The concept of waving a copy of the Constitution was a hit till the Nagpur fiasco, Fadnavis asserted. «What can be a greater insult to the Constitution? Can't you print proper copies of the Constitution? You chant the name of the Constitution but circulate a blank book. They (Congress) are wearing a burkha (veil) of the Constitution but are blank inside. They have no respect for the Constitution,» Fadnavis said.
14.11 / 17:23
markets
Highways
wellness
Experts
PAM
country
Department
Northeastern region has received govt funding of close to 27,000 crore per annum: Jyotiraditya Scindia
Scindia had a review meeting with the Chief Minister of Mizoram Lalduhoma and his teams in the Conference Hall of Planning and Implementation Department. The meeting was held for reviewing of various schemes of Ministry of DoNER in the state of Mizoram. Scindia said, “The purpose of the meeting is to jointly look at the project of Mizoram growth and development” he said that under the leadership of the Prime Minister Narendra Modi there has been an immense transformation in the development of the Northeast region in the last ten years. He said that Northeast is the vantage point and the entry point for all of South East Asia countries into the Indian sub-continent and much play a very important role in the dynamics of the India’s growth.
14.11 / 17:23
14.11 / 17:23
markets
CEO
Platform
Align
Experts
PAM
reports
FirstCry arm GlobalBees logs 55% jump in FY24 revenue; adjusted Ebitda zooms 154%
GlobalBees, the house of brands subsidiary of baby and mother care products retailer FirstCry, has reported a 55% revenue growth of Rs 432.5 crore in the fiscal year ending March 2024, outperforming similar brands that have seen slower growth amid a consumption downturn. The adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) for GlobalBees also surged by 154% year-on-year (YoY). While this growth aligns with the overall business expansion of the Pune-based company, which operates in India and Saudi Arabia, the management noted that increased seasonal sales significantly boosted this subsidiary's growth.
14.11 / 17:23
markets
Manufacturing
Strategy
Experts
PAM
country
Lubrizol, Polyhose to set up manufacturing facility in Tamil Nadu to make medical tubing
medical tubing used in catheters. The groundbreaking of the new manufacturing site is expected in 2025, with operations commencing in 2026. The manufacturing site will increase US-based Lubrizol’s local medical tubing volume five-fold, creating easier access to life-saving medical tubing in India and in markets around the world through export. High-quality medical tubing produced through the partnership will be used in neurovascular and cardiovascular medical applications, such as balloon catheters and minimally invasive procedure catheters.
14.11 / 17:23
markets
Digital
Strategy
Experts
PAM
Diversity
hospital
ED raids multiple Kolkata locations in multi-crore lottery fraud probe
Enforcement Directorate (ED) conducted raids and search operations in and around Kolkata in connection to a multi-crore alleged financial fraud and money laundering through lottery tickets. Three teams of the central agency officials carried raids and search operations in at least three locations in Kolkata. The central agency officials carried out raids in at least three locations in Kolkata, Madhyamgram area in North 24 Parganas district and two other locations. In Madhyamgram's Michael Nagar, raids and searches were conducted in a lottery-ticket printing factory. The other two places where raid and search operations were conducted were at Lake Market and Lake Gardens in South Kolkata. The central agency also conducted raids at the offices-cum-residences of two lottery agents, people in the know said. Multiple charges against the lottery scam include evasion of taxes and diversion of the proceeds of the income illegally.
14.11 / 17:23
markets
Strategy
students
Experts
PAM
reports
Aspirants continue to protest even as UPPSC exams reverts to old pattern
Uttar Pradesh Public Service Commission (UPPSC) accepted one demand of the aspirants to hold the Provincial Civil Services preliminary examinations on a single day on the old pattern, the trouble for the state administration could not come to an end. Reports reaching here said several aspirants continue to protest in front the UPPSC headquarters in Prayagraj in support of their other demand to hold Review Officers (ROs) and Assistant Review Officers (AROs) examinations in one shift on a single day. However, the UPPSC has decided to postpone the ROs and AROs examinations-2023, which were scheduled to be held in three shifts on December 22 and 23.
14.11 / 16:53
markets
SEC
security
Remark
performer
information
Courts
Gary Gensler says he was 'proud to serve' as SEC chair, defends his approach to crypto regulation
Securities and Exchange Commission Chairman Gary Gensler spoke this morning at the Practising Law Institute's 56th annual conference on securities regulation.
14.11 / 16:31
markets
Digital
security
Election
Inside
reports
Relationships
Is Donald Trump's inner circle feeling left out because of his close relationship with Elon Musk? Sources say Melania is a fan of Tesla CEO
Elon Musk to US President- elect Donald Trump has eventually sparked discontent among members of the US President-elect's inner circle, according to Page Six. Elon Musk has eventually become a frequent presence at the Mar-a-Lago while participating in significant discussions which include calls with international leaders like Turkey's Recep Tayyip Erdogan and Ukraine's Volodymyr Zelensky. Page Six reported that this new bond has reportedly made many of Donald Trump's traditional advisors feel actually sidelined while insiders also noted that his inner circle is shrinking as he spends more time with Elon Musk and other selective individuals like Howard Lutnick who is the co-chair of his transition team. Also Read: Did a bakery refuse Whoopi Goldberg's birthday dessert order because of her political views? Here's the truth
14.11 / 16:31
markets
UPS
Digital
Entertainment
Experts
PAM
show
Did a bakery refuse Whoopi Goldberg's birthday dessert order because of her political views? Here's the truth
Whoopi Goldberg's birthday dessert order over political views. Bakery owner Jill Holtermann shares that she did not deny the request because of Goldberg's politics and that she informed Goldberg two weeks ago that she was experiencing equipment issues in her kitchen, as quoted in a report by Entertainment. A 145-year-old New York bakery has denied Whoopi Goldberg's on-air claims that it refused to make special treats for her 69th birthday episode of The View due to her political beliefs. Shortly after closing Wednesday's episode of the show with a round of Charlotte Russe desserts at the Hot Topics table, Goldberg declined to name the bakery that made the desserts, speculating that they initially denied her order due to her political beliefs.
14.11 / 16:31
markets
Digital
Strategy
Experts
RAI
guidelines
Centre says Wayanad landslides cannot be declared as 'national disaster'
«Under the existing guidelines of SDRF/ NDRF, there is no provision to declare any calamity as 'National Disaster',» Minister of State for Home Affairs Nityanand Rai said in a letter dated November 10. SDRF and NDRF refers to State Disaster Response Fund and National Disaster Response Fund, respectively.
14.11 / 16:31
markets
FIVE
Digital
Platform
Enterprise
Experts
PAM
IRB Infrastructure Trust makes non-binding offer to IRB InvIT Fund to transfer 5 toll assets
IRB Infrastructure Trust has made a non biding offer to IRB InvIT Fund to transfer five toll assets having an enterprise value of Rs 15,000 crore as of September 2024, according to an exchange filing on Thursday. In a statement, IRB said it plans to re-invest the proceeds raised from the deal in upcoming opportunities in the infrastructure sector. IRB Infrastructure Trust is IRB Infrastructure and Developers' private InvIT (infrastructure investment trust) with 51 per cent stakeholding, while IRB InvIT Fund is a publicly listed InvIT platform in which the infrastructure player has a 15 per cent share. «IRB Infrastructure Trust, an associate, has announced a non-binding offer to transfer five matured highway assets to the IRB InvIT Fund,» IRB Infrastructure Developers Ltd (IRB) said in a statement.
14.11 / 16:31
markets
Digital
CEO
Strategy
PAM
beautiful
reports
Honasa Consumer slips into Rs 19 crore loss on restructuring; operating revenue takes a hit too
Honasa Consumer, the parent company of beauty and personal care brand Mamaearth, reported a decline in its operating revenue for the September quarter while also slipping into losses, on account of a significant hit from its offline distribution restructuring exercise. For the July-September period, Honasa Consumer reported a 7% year-on-year (YoY) decline in operating revenue at Rs 462 crore. It posted a net loss of Rs 19 crore in the quarter, compared to Rs 30 crore net profit in the same period last year. “The impact (of the restructuring) was actually higher than what we had planned and expected…we initially had certain assumptions in place, which were based on a certain level of inventory but when we got into the actual execution, it turned out to be relatively higher,” the company’s founder and CEO Varun Alagh told ET.
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