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Event prediction markets like Kalshi and Polymarket are buzzing in America: Should India allow them too?
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Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value
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The great crypto reckoning: Wake up and get real about this class of pseudo assets
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04.11 / 17:19
Career
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Tom Cruise and Nicole Kidman coming back together? Here's what a report is saying
Tom Cruise may be unexpectedly reintroducing Nicole Kidman into his life. He may be making a career decision that could have an impact on Nicole Kidman as well, even though it was reported that he made a concerted effort to avoid Kidman during last year's awards season, as quoted in a report by SheKnows. Rewind to 1989, when Kidman and Cruise first appeared together on the Days of Thunder set. Both of them later remarried and moved on after their brief romance came to an end. But given that he is reportedly thinking about starring in a follow-up to the ‘NASCAR’ drama Days of Thunder, Cruise might be bringing the past back. Despite his ex-wife's attachment, it is rumoured that Cruise is thinking about bringing this film back because Mission Impossible appears to be coming to an end, according to a report by SheKnows.
04.11 / 15:57
Provident
Entertainment
Sporting
BCE making major inroads into U.S. fibre networks with $5B acquisition
Canadian telecom firm BCE said on Monday it would buy internet services provider Ziply Fiber for $5 billion in cash, as it looks to expand its fibre footprint in the United States.
04.11 / 15:55
04.11 / 15:19
Strategy
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Boxing
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audience
Cinema Day can drive movie ticket sales, but strategy unviable in long term
Subscribe to enjoy similar stories. Dwindling footfalls in recent years, in part due to steep ticket prices, have prompted theatre chains to announce a string of Cinema Day-like occasions to lure audiences with tickets priced as low as ₹99. Initiatives like this may have spurred a jump in footfalls on those special days, but such one-off occasions may not be enough for theatre chains to sustain demand, experts said.
04.11 / 14:31
COST
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Citi
Healthcare
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Why private equity cos are increasingly investing in single-speciality hospitals
Subscribe to enjoy similar stories. Mumbai: Delhi resident Harsha Singh, 31, often visits her family in the city of Mughalsarai, Uttar Pradesh, near Varanasi. That gives her an opportunity to visit Anand Netralaya, a standalone, single-specialty eye hospital.
04.11 / 13:49
Strategy
UK equity manager Richard Penny to join Oberon Investments in fund transfer deal
Penny and his investment team will join the boutique and continue to manage the TM CRUX UK Special Situations, TM CRUX UK Core and TM CRUX UK Smaller Companies funds. The strategies, which total $84m in assets under management, will be transferred to Oberon on 13 December and be rebranded to TM Oberon UK Core, TM Oberon UK Special Situations and TM Oberon UK Smaller Companies funds. Lansdowne Partners completed its acquisition of CRUX Asset Management in August last year. The firm assumed full ownership of the UK-based equity investment boutique following the retirement of its founde...
04.11 / 13:49
Strategy
Weiss Korea Opportunity launches strategic review as manager not confident in trust's prospects
In a London Stock Exchange notice today (4 November), the decision to launch the review came after the trust's investment manager, Weiss Asset Management (WAM), notified the board of its belief that the «opportunity set and strategy […] continuing in its current form is less attractive than it has been in the past, including at [the trust's] inception in 2013». Witan shareholders overwhelmingly approve merger with Alliance trust Because of that, WAM doubted «this change in circumstances is likely to improve in the foreseeable future». WKOF's board said it will conduct the review p...
04.11 / 13:33
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Kim Jong Un is embracing Russia for his regime’s survival
Subscribe to enjoy similar stories. SEOUL—Kim Jong Un tried peace talks and refrained from testing new weapons to shed North Korea’s status as a pariah state. Now he is doubling down on rogue behavior to get what he wants.
04.11 / 13:33
markets
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PAM
Schools
Nearly 98 per cent Rs 2000 banknotes returned; Rs 6,970 cr worth notes still with public
Reserve Bank of India (RBI) on Monday said 98.04 per cent of the Rs 2000 banknotes have been returned to the banking system, and only Rs 6,970 crore worth such notes are still with the public. On May 19, 2023, the RBI announced the withdrawal of Rs 2000 denomination banknotes from circulation. The total value of Rs 2000 banknotes in circulation was Rs 3.56 lakh crore at the close of business on May 19, 2023. It has declined to Rs 6,970 crore at the close of business on October 31, 2024, the RBI said. «Thus, 98.04 per cent of the Rs 2000 banknotes in circulation as on May 19, 2023, has since been returned,» it said in a statement.
04.11 / 13:33
markets
Digital
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country
exclusive
KKR India CEO Gaurav Trehan buys luxury apartment in SOBO’s Carmichael Road
KKR India’s Chief Executive Officer Gaurav Trehan has bought a sea view luxury apartment in a super-premium project Morena House on South Mumbai’s plush Carmichael Road for nearly Rs 88 crore from JSW Realty, a real estate development arm of JSW Group. The deal for the apartment, spread over a carpet area of 5,381 sq ft, is valued at around Rs 1.63 lakh per sq ft, making it one of the costliest property transactions in the country. The buyer has also paid Rs 5.26 crore in stamp duty charges alone for the registration of the deal. Apart from being the CEO of KKR India, Trehan is also Co-Head of KKR Asia Pacific and Head of Asia Pacific Private Equity.
04.11 / 13:33
markets
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Digital
Election
President
PAM
US elections: These states will control the power of the next President; which states are these, here's all you need to know
Kamala Harris and Donald Trump will be at loggerheads in 34 Senate seats and 435 House seats across the US, with American voters lining up at their respective polling booths on November 5, which will be the first step towards deciding who will be the next President of the country.
04.11 / 13:33
markets
Reuters
Election
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US election results: Donald Trump or Kamala Harris? Wall Street, Stock market pick winner
US election 2024 results are set to be declared after November 5 polling day as millions of American voters will pick their next President between Donald Trump and Kamala Harris. A new poll showed Democratic candidate Kamala Harris leading in Iowa ahead of a Tuesday vote, even though rising bets of a win for Republican candidate Donald Trump in the recent weeks had lifted bond yields, dollar and bitcoin, as per a Reuters report. Stocks viewed as bets on the former president's chances of victory dipped in premarket trading, while a drop in 10-year Treasury yield from its recent high eased pressure on the broader market. Trump Media & Technology Group slipped 5 per cent and software developer Phunware that made apps for Trump campaign in 2020 fell 8.9 per cent, as per the Reuters report.
04.11 / 13:33
Netflix
Boxing
film
War
performer
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‘Amaran’ to release on OTT soon! Where can you stream Tamil war drama
Amaran’, starring Sivakarthikeyan in the lead role, is making waves at the box office with a phenomenal start. In just four days, Amaran has grossed over Rs 150 crore, establishing it as a major hit, while anticipation for its OTT release continues to build among streaming fans. Netflix has acquired the rights as the film's official digital partner. South Indian films that perform well in theaters typically premiere on Netflix within a month of their theatrical release, suggesting Amaran will follow this trend and be available for streaming by late November. The film’s OTT rights were reportedly purchased for an impressive Rs 60 crore, as per Filmibeat. Given its strong box office performance, Amaran is likely to emerge as one of the most profitable Tamil films this year, solidifying Sivakarthikeyan’s position as a leading actor. The story of Amaran revolves around Major Mukund Varadharajan, an army officer who heroically sacrifices his life in the fight against terrorism to protect his country.
04.11 / 13:33
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Lokayukta police summon Karnataka CM Siddaramaiah for questioning in MUDA case on Wednesday
Lokayukta police have summoned Karnataka Chief Minister Siddaramaiah for questioning in the MUDA site allotment case on November 6, official sources said on Monday. They had on October 25 questioned Chief Minister's wife Parvathi B M, who is also an accused in the case. «We asked him to appear on Wednesday morning,» a senior Lokayukta official told PTI…
04.11 / 13:33
UPS
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IRCTC Q2 Results: PAT rises 4% YoY to Rs 308 cr; co declares dividend of Rs 4/share
IRCTC) on Monday reported 4% growth in its consolidated net profit to Rs 308 crore for the quarter ended September 30, 2024. It was Rs 295 crore in the last-year quarter. Consolidated revenue from operations for the reporting period stood at Rs 1,064 crore, up 7% compared with Rs 992 crore posted in the corresponding period of last year.
04.11 / 13:33
markets
Digital
Citizens
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rights
Manipur: Thadou community backs demand for implementation of National Register of Citizens
National Register of Citizens (NRC) in the state to protect the indigenous people. Implementation of NRC in Manipur is favoured by the BJP led government and several Meitei organisations. Manipur shares a border with Myanmar and faces the problem of illegal infiltration. After a two-day convention in Guwahati, the Thadou community said that in the convention it was resolved to support the NRC exercise if initiated by the government of India in the state of Manipur.
04.11 / 13:33
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2020
reports
us presidential elections
US Presidential Elections 2024: National Poll reveals what will be the result on Eve of Election Day — Trump or Harris?
Donald Trump and Vice President Kamala Harris. Nationally, recent polls show the candidates either tied or with Harris holding a slight edge, reflecting the tense atmosphere as both campaigns make their final pushes. Trump is staging rallies across Pennsylvania, North Carolina, and Georgia. Harris has been actively campaigning in Michigan, even making a high-profile appearance on Saturday Night Live to rally support, as mentioned in the USA Today report.
04.11 / 12:57
markets
Google
Strategy
Experts
social
information
Investigations
Pak-based social media users falsely claim Amit Shah's name put on Interpol's 'wanted list'
social media users recently shared a graphic card to claim that the Interpol had put Union Home Minister Amit Shah on its 'wanted list'. The graphic was shared after Canada's Deputy Foreign Affairs Minister David Morrison recently alleged that Shah ordered a campaign of violence, intimidation and intelligence-gathering targeting Sikh separatists inside Canada. New Delhi has vehemently rejected Morrison's claims and warned that such «absurd and baseless» allegations will have serious consequences for bilateral ties. The PTI Fact Check Desk, however, found the graphic to be fake. It was revealed that the Interpol has not issued any such notice and the related social media posts, mainly by Pakistani and Canadian users, were shared with a false claim.
04.11 / 12:57
markets
Digital
awards
Food
Research
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PAM
US firm Alkomex to expand R&D footprint in India
Alkomex GBN looks to expand its research and development footprint in India and has roped in nutraceuticals expert Sanjay Agrawal to spearhead its strategic initiatives in the country, a statement said on Monday. Alkomex GBN has formed a partnership with Dr Sanjay Agrawal, a renowned Indian expert in health management and nutraceuticals, and has appointed him as the Scientific Advisor for Alkomex GBN, the statement said. «His leadership will be instrumental in driving our growth as we continue to expand our footprint in the nutraceutical and functional food sectors,» Alkomex CEO Alex Meneses Vega said.
04.11 / 12:57
04.11 / 12:57
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JSW MG Motor forms strategic partnership with HSBC India
JSW MG Motor India on Monday said it has formed a strategic partnership with HSBC India, which will provide access to comprehensive and tailor-made financing solutions at competitive terms to the car maker's dealer partners. Leveraging HSBC India's expertise will provide easy access to working capital for the company's dealer network, JSW MG Motor India said. With varied and customised financing options on offer, the partnership with HSBC India will enhance operational efficiency, promote business sustainability, and foster long-term growth opportunities for the dealer partners, the company said.
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