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Also read | Niva Bupa ropes in Kotak, Axis, HDFC & three others to run its ₹3,000-crore IPO “We will only focus on attractive markets where we have a stable regulatory framework and attractive profit pool, and a value-based customer landscape and where there's a match between the market requirements and our offering," he said, presenting a turnaround plan on 8 May during the company’s earnings call. “We may also serve other markets opportunistically, but only if it makes real commercial sense," he added, noting that Europe and the US fit this criteria and it will ramp up operations in these geographies.

ALSO READ: US says Boeing can be prosecuted for 737 MAX crashes The Boeing AGM was conducted online, and a moderator asked Calhoun and Steven Mollenkopf, the new chairman of Boeing's Board of Directors, a handful of shareholder questions. However, reports noted that none of the questions were too pointed.

A presale for Solana’s all-American hillbilly $SEAL token has attracted over $1.4 million in just three weeks as it leads a new wave of Solana meme coins that has caught the attention of investors worldwide.

UBS Wealth Management SVP Brenda O’Connor Juanas and the Lonski Group founder John Lonski discuss the earnings season and share their market outlook for 2024 on 'Mornings with Maria.'

Popular and lovable Solana meme coin Slothana ($SLOTH) today announced that it will be listed on top 10 crypto exchange HTX.

Motilal Oswal Financial Services. Also read: Gold rate today: Gold price retraces from three-week high despite US Fed rate cut buzz, weak US dollar. Buy or wait? Damani added, “The CME Fed-watch tool showed traders pricing in a greater chance of a 25 bps cut in September, at nearly 54%.

Board of Control for Cricket in India (BCCI) wishes to appoint former Indian batter Gautam Gambhir as Dravid's successor, reported Cricinfo on 17 May. Currently, Gambhir is the mentor of Kolkata Knight Riders in the IPL, and the BCCI has contacted him to ask if he is interested in taking the position. The report added that the next round of discussions between the BCCI and Gambhir is expected after KKR completes their IPL 2024 campaign.

Zydus Lifesciences on Friday reported Rs 1,182 crore net profit in Q4FY24, a threefold year-on-year (YoY) jump led by growth in US, India, Europe and emerging market sales. The Ahmedabad-based drug maker reported net profit of Rs 297 crore in the corresponding period of previous year.

FISS) on Friday said India's spice export may decline nearly 40 per cent in FY25 if the issue of ethylene oxide or EtO contamination in spices meant for exports is not addressed at the earliest. The statement came against the backdrop of Hong Kong and Singapore banning the sale of popular brands MDH and Everest after detecting carcinogenic chemical ethylene oxide in their products, leading to a mandatory recall from shelves. In 2023-24, India's spice exports totalled USD 4.25 billion, accounting for 12 per cent share of global spice exports. «Lot of exporters have orders on their hands and they have been halted to an extent after that episode. As per our estimate, spice exports could be affected by 40 per cent of the volume this year if the issue is not resolved quickly,» said Tejas Gandhi, Secretary of FISS, an association of nearly 600 spice traders, exporters and farmers from across the country.

India could become the third largest economy globally by 2027-28 if the country continues the growth momentum witnessed in the last two decades, 16th Finance Commission Chairman Arvind Panagariya said on Friday. He also said that during the last two decades, beginning 2003-4, India has ended extreme poverty. The extreme poverty, currently, is not more than 3 per cent of the total population. «Growth has been across the board because poverty does concentrate in rural areas. With overall poverty falling to low levels, extreme poverty has been conquered largely,» Panagariya said. Speaking at the CII's Annual Business Summit 2024, Panagariya said there is a problem of under-employment in the agriculture sector as a large portion of the workforce is engaged in the segment, and there is a need to move them out of the vertical to industry for faster urbanisation.

SEBI recommends regulators to oversee crypto trade, RBI still sees ‘macro risk’ Bitcoin is poised for a robust week amid rising hopes for US Fed rate cuts. After today's increase, Bitcoin has achieved significant gains over the past seven days, rebounding from a low of $60,000 last week. The cryptocurrency is up approximately 8% from last Friday's lows, primarily driven by a weaker dollar and indications of easing U.S.

As major cryptocurrencies look to end the week on a strong footing, with Bitcoin (BTC) looking to push above a key short-term resistance zone, traders are parsing through their options in the altcoin market that might be the best crypto to buy now.

San Francisco-based RIA Robertson Stephens has announced another move broadening its footprint in the Western US.

On Friday, President Vladimir Putin expressed concern that the U.S. sanctions policy was eroding confidence in the dollar. He highlighted that Russia and China were exploring solutions to prevent the imposition of measures against Chinese banks from disrupting their growing trade.

The US Justice Department on Thursday announced a formal proposal to reclassify marijuana as a less dangerous drug, marking a significant shift in generations of the country’s drug policy. The proposed rule, sent to the federal register, recognises the medical uses of cannabis and acknowledges its lower potential for abuse compared to some of the nation’s most dangerous drugs. This plan, approved by Attorney General Merrick Garland, stops short of legalizing marijuana outright for recreational use.

JSW Steel Ltd on Friday reported a 64.54% fall in its consolidated net profit for the March quarter to ₹1,299 crore mainly due to higher coking coal prices. The Sajjan Jindal-led company’s consolidated revenue from operations fell 1.5% year-on-year to ₹46,269 crore. A Bloomberg poll of analystshad expected JSW Steel to post a profit of ₹1,661.35 crore for the March quarter on revenue of ₹44,676.34 crore.

ICICI Securities Ltd, Nomura, Jefferies, JPMorgan, and JM Financial to manage the issue. The company had explored an IPO in August 2023 and was looking to raise ₹2,500 crore, or about $300 million, a CNBC report at the time said. IKS Health eventually did not pursue the plan at the time.

IPL 2024 with 8 points and a net run rate of -0.271. This season, the five-time IPL-winning team experimented a lot, starting by abruptly appointing Hardik Pandya as skipper. However, this hardly changed their fate, and they lost nine of their 13 matches played.

At least once a day, a group of American doctors and nurses stranded in Gaza get word that they might be able to leave the enclave. They have waited all week, and that moment hasn’t come. “We’ve come to terms with the fact that we don’t know when we’re leaving," said Dr.

Hells Angels are not hiding the fact they are in the Peterborough, Ont., area.Sitting atop a hill on Lily Lake Road, just on the northwest outskirts of the city, is a house with a sign with the biker gang’s insignia and a bright red and white sign with “Hells Angels” attached to the front.Peter Edwards, the organized crime reporter with the Toronto Star and an author of several books on organized crime, says it’s a “significant” indication the Hells Angels mean business in the area after likely “testing the market.”“I’m not really surprised,” said Edwards. “Peterborough is significant, it’s almost surprising it didn’t get a chapter before this.”Formerly the house in Selwyn Township (part of Peterborough County) has featured insignia of the “Bad Boyz MC” and “Red Devils MC Peterborough,” changing to “Hells Angels” earlier this month.Edwards surmises they were motorcycle clubs which were “testing the waters,” for the “world’s largest outlaw motorcycle club or gang.”“Those other clubs would be testing the waters — they’d be junior support clubs,” said Edwards.

Nippon Life Insurance Co. is on the hunt to take stakes in other insurers and asset managers in the US and Asia after it agreed to its biggest-ever M&A deal.