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The immediate exit of Bird comes ahead of his fourth anniversary at the firm, although he will remain at the business for a further month to «ensure a smooth handover», departing formally on 30 June. Bird will then be placed on garden leave until 31 December, after which point the remaining five months of his 12-month notice period will be paid in lieu. abrdn to close Multi-Asset Climate Solutions fund after failure to build scale Windsor takes on the role of interim group CEO as the firm begins the «process of moving to fresh leadership». According to the regulatory statement, ...

Indian cinema has emerged a winner at the 77th Cannes Film Festival! Two Indian films — Chidananda S Naik’s ‘Sunflowers Were the First Ones to Know’ and Mansi Maheshwari’s animated movie ‘Bunnyhood’ bagged first and third prizes in the La Cinef category. ‘Sunflowers Were The First Ones To Know’ is the maiden directorial venture of Naik. Naik is a doctor-turned-director and an alumnus of the Film & Television Institute Of India. The heart wrenching movie is based on a local folklore of Karnataka which narrates a tale of an aging woman who steals a rooster. Mansi Maheshwari's animation film ‘Bunnyhood’ clinched the third prize in the La Cinef competition. Hailing from Meerut and an alumna of NIFT Delhi, Maheshwari crafted the film during her tenure at the UK's National Film and Television School.

Indian rupee rose to a two-month peak on Friday, boosted by likely strong dollar inflows into domestic equities even as most Asian currencies declined pressured by a rise U.S. bond yields. The rupee rose 0.2% to close at 83.0975 against the U.S. dollar, its strongest closing level since March 19.

Also Read:Lok Sabha Elections 2024: 60% updated voter turnout in phase 5 polling, slightly less than 2019The court stated that it cannot issue any such directions at the moment as five phases of polling have concluded and two remain and it would be difficult for the poll panel to mobilise manpower.The apex court also adjourned the interlocutory application (IA) filed by the Association for Democratic Reforms (ADR) to be listed before the regular bench after the elections, reported PTI.The court pointed out that prima facie it appears the prayers in the application are similar to the main petition pending since 2019 on the issue."This (IA) has to be taken with the pending writ petition because in between the elections, a hands-off approach has to be adopted," the court said."Granting any relief in IA will amount to granting relief in the main petition which is pending," PTI reported quoting the bench.Also Read: 'Could be exploited…': ECI opposes release of booth-wise voter turnout data, files affidavit in Supreme CourtIt said it needs to understand the ground reality and not overburden the poll panel by changing the process midway.The ADR has filed an interim application in its 2019 PIL seeking directions to the poll panel that "scanned legible copies of Form 17C Part-I (Account of Votes Recorded)" of all polling stations be uploaded immediately after the polls.On May 17, the top court had sought within a week the Election Commission's response on the NGO's plea seeking a direction to upload polling station-wise voter turnout data on its website within 48 hours of the conclusion of polling for each phase of the Lok Sabha elections.Also Read: 'Correct star campaigners' discourses': EC raps Congress and BJP, asks them to

₹620 apiece following a significant order win.In an exchange filing on Thursday, the company announced that it received an export order from AL Anwaar International for a "T&R" MAKE 90 MVA, 132/33 KV Transformer with fittings and accessories, worth ₹161 crore.In February, the company secured an order worth ₹232 crore from the Power Grid Corporation of India. Over recent months, TRIL has received multiple orders, bringing its unexecuted order book to 44,594 MVA valued at ₹2,581 crore as of March 31, according to the company's Q4 earnings report.

killing at least 11 people and injuring 60 others.3) Those injured in the blast are undergoing treatment at AIMS, Neptune and Global hospitals.4) The blast was heard a kilometre away. Glass windows of adjoining buildings cracked.5) Large pieces of the reactor of the Dombivli chemical factory fell 1 kilometre away and the lid of the reactor fell 200 meters away on a factory, reported ANI.Also Read | Maharashtra news: Boiler blast triggers fire at Dombivli chemical factory5) Maharashtra CM Eknath Shinde has ordered a detailed inquiry into the incident.

₹14,600 crore to add about 17,800 beds nationwide over the next few years to meet the rising demand for healthcare, driven primarily by higher insurance penetration since the pandemic, Mint has learned. This marks their first meaningful expansion since covid, which slowed or halted their growth for four years. Manipal Hospitals, Aster DM Healthcare, Apollo Hospitals and Max Healthcare are among the healthcare majors working to add more beds in the coming years.

shares of billionaire Gautam Adani's flagship entity Adani Enterprises have erased all losses induced by the controversial Hindenburg report. During the day, the stock rallied 2% to hit a fresh 52-week high of Rs 3,455 on BSE but was still about 21% away from its all-time peak of Rs 4,189.55 touched on 21st December 2022. At the peak of the Hindenburg crisis, shares of Adani Enterprises had fallen to a low of Rs 1,017.45 on 3rd February 2023. Faithfuls have been rewarded with a 3X return since then.

Adani Enterprises Ltd., the flagship of Indian billionaire Gautam Adani’s group, have erased all the losses inflicted by a scathing short-seller report in early 2023, after the conglomerate cut debt and landed major projects.The stock crawled back losses of more than $30 billion that came after US-based Hindenburg Research alleged wide-ranging corporate malfeasance and share-price manipulation at the ports-to-power conglomerate in January 2023. The group has repeatedly denied those allegations.The flagship’s stock rose 1.7% to 3,445.05 in Mumbai on Friday and has now almost tripled since its nadir in February 2023.

₹4671 crores. The massive short-covering caused by this sudden change in FII trade contributed to the sharp rally," said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.Vijayakumar pointed out that the change in FII stance has been caused by the underperformance of the Hang Seng index, which has been down 4.1 per cent during the last five days."The outperformance of the Hang Seng had led to the 'sell India, buy China' trade during the last month.

Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today - May 24The domestic benchmark indices, the Nifty 50 and the Sensex, set fresh closing highs on Thursday due to gains in banking stocks. The nation's budget deficit may be on the decline, as shown by the record dividend paid by the central bank to the government.The domestic equity indices reached a new peak on Thursday as the Nifty 50 closed over 22,900.Also Read: Stock market today: Trade setup for Nifty 50 to India VIX, five stocks to buy or sell on Friday — May 24The Nifty 50 closed 369.85 points, or 1.64%, higher at 75,418.04, while the Sensex surged 1,196.98 points, or 1.61%, to conclude at 22,967.65.Seasoned Executive Director at Choice Broking with a strong track record, Sumeet Bagadia has shared his professional advice on five breakout stocks that are now worth buying: Cochin Shipyard Ltd, Saregama India Ltd, Rail Vikas Nigam Ltd, Olectra Greentech Ltd, and Mazagon Dock Shipbuilders Ltd.1] Cochin Shipyard Ltd: Buy at ₹1,890.25, target ₹2,000, stop loss ₹1,825 ;2] Saregama India Ltd: Buy at ₹4,66.35, target ₹495 , stop loss ₹450;3] Rail Vikas Nigam Ltd (RVNL): Buy at ₹372.25, target ₹399, stop loss ₹360;4] Olectra Greentech Ltd: Buy at ₹1,808.70, target ₹2,010, stop loss ₹1,710; and5] Mazagon Dock Shipbuilders Ltd: Buy at ₹3,125.75, target ₹3,333, stop loss ₹3,020.Also Read: Dividend stocks: Vedanta, Tata Consumer Products, QGO Finance shares to trade ex-dividend on May 24The market is seeing a 1,000 point rebound from 21,800 levels as FIIs are positioning themselves in the long:short ratio, which is up from 26% longs, according to Soni Patnaik, Assistant Vice President, Equity Derivatives Research, JM Financial Services.

Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today - May 24Meanwhile, volatility is increasing ahead of the election phases which could cause a bumpy ride in the market for the time being. Taparia believes India VIX needs to fall below 16-18 zones for stability and a smoother ride in the market.Option data suggests a broader trading range in between 22,500 to 23,500 zones while an immediate range between 22,700 to 23,200 levels.The Bank Nifty index witnessed strong buying interest on Thursday as it surged over 1,000 points from lower levels.

Also read | Prashanth Prakash: Master Mentor For Lakshminarayanan, used to moving frequently and living in different countries, this unexpected start to his new role driven by the pandemic was just another problem that needed to be worked out. “You are just able to move on quickly," he says about the impact that constant travelling and moving have had on him.

South Korea on Friday imposed sanctions on seven North Korean individuals and two Russian vessels over weapons trade and other activities between Pyongyang and Moscow deemed in breach of U.N. Security Council resolutions, Seoul's foreign ministry said. The Russian vessels had been carrying a large quantity of containers between Russia and North Korea transporting military supplies in a clear violation of the United Nations Security Council resolutions, the ministry said in a statement. The United States and South Korea have accused North Korea of transferring weapons to Russia for use in its war in Ukraine. Both Moscow and Pyongyang have denied the accusations, but vowed last year to deepen military relations.

NEW DELHI : India's top eight auditors will be inspected and the financial statements of up to 60 of their clients vetted this year, as the national audit watchdog widens efforts to enhance audit quality countrywide. The National Financial Reporting Authority (NFRA) which last year inspected five auditors, involving audit reports of 24 clients, is planning to expand the exercise, a person informed about the development said. “This year, inspections would be done on eight audit firms and in the case of audit firms inspected last year, audit documentation of a different set of audit clients will be examined.

Top Events on May 24: India is all set to witness various political, legal, sports, and entertainment events including PM Modi's elections rallies in Punjab and Himachal Pradesh, Mayawati's poll campaign in Punjab, voter numbers case hearing in Supreme Court, Pune Porsche crash case, cyclone Remal alert, and others today, Friday. Take a look at the top events of the day below, - Prime Minister Narendra Modi will address Lok Sabha election rallies in Punjab's Gurdaspur and Jalandhar constituencies today.

Euclid space telescope has captured stunning images of the cosmos, reports 'The Washington Times'. European Space Agency launched this high-powered telescope into space last summer to take images of the deeper corner of the space. The ESA finally released five breathtaking and incredible images of the cosmos on Thursday. Euclid releases five images

Outnumbered' is an epic sitcom with a rich legacy of sorts as it began in the year 2007 and continued for five seasons on BBC One, one of the most popular platforms for such content. It is an award-winning comedy, created by Guy Jenkin and Andy Hamilton and revolves around the Brockman family, who battle through the realities of children's parenting and adult life.

Canada Pension Plan Investment Board’s exposure to investments in yuan has fallen by half in just two years, as the money manager pulls back in the world’s second-largest economy because of higher risks.

Investments by private equity and venture capital funds declined by 35 per cent to USD 4.4 billion in April compared with USD 6.8 billion in the year-ago period, a report said on Thursday. The number of deals in April stood at 98, which was 56 per cent higher than the year-ago period, the report by EY, a consultancy firm, and industry lobby grouping IVCA said. "PE/VC investors continue to remain cautious due to global uncertainties, geopolitical tensions, and the ongoing Indian general elections," the consultancy firm's partner Vivek Soni said, adding that the activity will be subdued till the outcome of the election is decided. In April 2024, there were nine large deals of over USD 100 million, worth USD 3.1 billion, which is a 48 per cent decrease compared to the USD 6 billion across 11 deals in April 2023, the report said.

Rajasthan continues to battle rising temperatures, five deaths due to suspected heat stroke were reported in the state on Thursday. The mercury soared to 48.8 degrees Celsius in Barmer, the highest temperature recorded this summer season, according to Met Centre Jaipur. Five peacocks were also found dead in Khairthal district, officials said. Barmer was followed by Phalodi with maximum temperature at 48.6 degrees degrees, Fatehpur at 47.6 degrees Celsius, Jaisalmer at 47.5 degrees Celsius, Jodhpur at 47.4 degrees Celsius, Jalore at 47.3 degrees Celsius, Kota at 47.2 degrees Celsius and Churu at 47 degrees Celsius, the Met Centre said.