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movies from India clocked over 1 billion views on Netflix in 2023, the streaming service said on Friday in its second engagement report. The report, titled «What We Watched: A Netflix Engagement Report», presented the streaming service's viewership data for the period of July to December 2023. Subscribers across the world watched about 90 billion hours of content on Netflix in the second half of 2023. From India, Sujoy Ghosh's «Jaane Jaan» was the most watched movie on Netflix with 20.2 million views, followed by Shah Rukh Khan's «Jawan» with 16.2 million views and Vishal Bhardwaj's "Khufiya" with 12.1 million views.

Japan's Nikkei share average sank on Friday, tracking declines on Wall Street after robust U.S. economic data stoked bets that stubborn inflation may delay Federal Reserve interest rate cuts. The Nikkei sagged 1.17% to 38,646.11 as of the close, and had earlier dipped as much as 1.9%.

Asian stocks fell on Friday, while the dollar advanced as strong U.S. economic data bolstered the prospect of interest rates staying higher for longer and the Federal Reserve taking its time in cutting rates, keeping investors away from risky assets. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.5% and was on course for a 1% weekly decline, snapping its four-week winning streak. Japan's Nikkei fell 1.45%.

Hewlett Packard Enterprise’s (HPE) Communications Technology Group (CTG) for $225 million, approximately ₹1,874 crore, in an all-cash transaction, as per an exchange filing.According to a joint statement from the companies, around 1,500 employees and 700 contractors experienced in telecom engineering services across various countries—such as Spain, Italy, India, Japan, China, the Americas, and the APAC region—will transition to HCLTech as part of the agreement.HCLTech stated in a regulatory filing that the deal involves the “purchase of certain assets (CSS) of Communications Technology Group, a business division of Hewlett Packard Enterprise Company". CSS delivers engineering services to leading global Communications Service Providers (CSPs) leveraging its intellectual properties in a global delivery model" with a total purchase price of $225 million.This acquisition will bolster HCL Technologies' position in the telecom sector by enhancing its engineering services and utilizing CSS' intellectual property, solutions, and talent at prominent CSPs across Europe, Japan, the Americas, and the APAC region, including 20 of the top 30 CSPs worldwide.HCLTech CEO and Managing Director C Vijayakumar said, "With this transaction and our planned strategic partnership with HPE, we are strengthening our telecom practice to address the rapidly expanding and transforming global telecom market.

Bloomberg reported on May 23, citing sources familiar with the situation.Also Read | West Indies vs South Africa Highlights: West Indies beat South Africa by 28 runsThis new valuation surpasses the $180 billion figure reached during SpaceX's previous tender offer. Also Read | Faked Biden Robocall Results in Charges for Democratic OperativeThe Bloomberg report suggested that the shares could be priced between $108 and $110 each.

India's electronics, pharma, engineering goods exports beat global trade slowdown during FY24 Meanwhile, RTE imports have grown marginally, from $304.96 million in FY2019 to $360.37 million in FY24. The FY24 figure marks a fall in imports of 13.6% from the previous fiscal year. “Reduction in imports indicates changing domestic consumption patterns, and increased local production," Srivastava said.

Asian shares are trading mixed, as investor sentiment in Tokyo was boosted by news in the U.S. about soaring Nvidia earnings

Japanese electronics and entertainment company Sony says it's focusing on creativity in movies, animation and video games, rather than old-fashioned gadgetry

The former head of Britain’s Post Office Paula Vennells has broken down in tears on several occasions while giving evidence to an inquiry into one of the country’s biggest miscarriages of justice that saw hundreds of branch managers wrongly convicted o...

Go Digit, the fast-growing general insurance company, listed at Rs 286 per share, translating to a 5% gain over the issue price of Rs 272. The listing fell short of expectations as the grey market trends suggested a potential gain of around 10%.

Saudi Arabia signed deals to buy electricity from two large-scale wind farms that are cheaper than natural gas plants, as it aims to rapidly transition to a bigger share of renewables in the power grid. The state-run Saudi Power Procurement Co. this week said it had agreed to purchase power at record-low prices from the wind projects to be developed in the kingdom by Japan’s Marubeni Corp. A combination of state backing and strong wind conditions in the country will help make the green power plants cheaper than fossil fuel alternatives, the head of the Saudi company said. “What’s unique about these projects is they’ve achieved extremely low cost of electricity that is considered the lowest we’ve seen globally,” Mazin Albahkali, chief executive officer of SPPC, said in an interview. “Achieving extremely low tariffs on renewables is definitely helping reduce the cost of power generation in Saudi Arabia.”

Investment firm Metaplanet has experienced a remarkable surge in its shares, skyrocketing 158% over the past week and emerging as the highest gainer among all Japanese stocks.

The Japanese e-commerce giant Mercari has taken another step into the crypto sphere by launching Ethereum (ETH) trading services on its app.

monetary easing amid sticky inflation. MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.57%. Australia's S&P/ASX 200 index was one of the biggest decliners, slumping 0.8%, also hurt by a pullback in some commodity prices.

dollar hovered near a one-week high on Thursday following its best day this month against its major peers after minutes of the last Federal Reserve meeting revealed a willingness to raise interest rates among some officials. Sterling remained firm after jumping to a one-month peak following hotter-than-expected inflation, and also drew support from the announcement of a UK parliamentary election for July 4.

NoPo Nanotechnologies, which makes an advanced material that can replace silicon in semiconductors and batteries and is supplying samples to chipmakers in Taiwan and Japan, is scaling up production capacity, its founders told ET. Single-walled carbon nanotubes (SWCNTs), which Bengaluru-based NoPo makes, have applications of a wide range, from EV battery manufacturing, where the material can improve energy density, to design of semiconductors.

Benchmark U.S. crude oil for July delivery fell $1.09 to $77.57 per barrel Wednesday

India is the only country, among the top five steel producing nations, to have seen a growth in production in April, with the others seeing production drop by as much as 7% during the month. China, which is the world's largest producer of steel, has seen its production in April fall more than 7% on year to 85.9 million tonne. Its production from January-April this year, at 343.7 million tonne, is 3% lower as compared to 2023, data from the World Steel Association showed. India, which is the world's second-largest producer of steel, saw production rise by 3.6% to 12.1 million tonne. The country has seen an 8.5% growth in production between Jan-Apr this year, having produced 49.5 million tonne of steel.

Paula Vennells, the ex-British Post Office head, on Wednesday become the one of the most trending persons on the social as she had sobbed after appearing before a public inquiry into the wrongful conviction of hundreds of postmasters. She claimed that the event caused by errors not conspiracy, and if anything she had been «too trusting» of others. The incident has been one of the country’s biggest miscarriages of justice that saw hundreds of branch managers wrongly convicted of theft or fraud because of a faulty computer system, as per report. While Vennells was CEO, a group of postal workers took legal action against the Post Office in 2016. Three years later, the High Court in London ruled that Horizon contained a number of «bugs, errors and defects» and that the Post Office «knew there were serious issues about the reliability» of the system, including that employees at Fujitsu could remotely access the ledgers of branch managers.

CNN quoting Saudi news agency SPA.Following tests, King Salman, 88, was found to have inflammation for which he is currently receiving antibiotic treatment in Jeddah.“Deeply concerned about the reports of the health of His Majesty @KingSalman bin Abdulaziz of the Kingdom of Saudi Arabia.

Generations—The History of America’s Future, 1584 to 2069. Social analyst and demographer Mark McCrindle came up with the term Generation Alpha, after the first letter in the Greek alphabet, to indicate they were all born in the 21st century, from 2010 to 2024.) There has been a shift from “collectivism to individualism as society is going through major changes," said Kavil Ramachandran, senior advisor at the Thomas Schmidheiny Centre for Family Enterprise in the Indian School of Business (ISB), Hyderabad. “As an economy develops, business is no longer about survival and children have been insulated from their parents’ struggles.