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Adesh Kumar Gupta has decided to quit as the non-executive, non-independent director of entertainment giant Zee Entertainment Enterprises Limited (ZEEL) ahead of the company's annual general meeting (AGM) on December 16. In a stock market filing, the company said it had received a letter from Gupta informing it of his intention not to continue as a director of the company after the AGM. ZEEL added that Gupta will cease to be a member of the Audit Committee and the chairman of the Risk Management Committee and Stakeholders Relationship Committee of the board after the AGM. Gupta was appointed as a non-executive director at the AGM held in 2022 and is liable to retire by rotation. ? «I have communicated from time to time that owing to personal reasons and commitment, I regret that I will not be able to continue as the director of the company after the ensuing Annual general Meeting (AGM),» Gupta said in a letter to the ZEEL board. ZEEL's FY23 annual report states that one of the ordinary businesses that will be transacted at the AGM is to appoint a director in place of Gupta, who retires by rotation and, being eligible, offers himself for re-appointment. «Accordingly, I withdraw my re-appointment as director of the company at the AGM,» Gupta said, adding, «I wish a great success to the company and hope the pending merger with Sony will be completed at earliest.

Infosys will announce its quarterly results for the three and nine months ended December on January 11, the company informed the exchanges. «A meeting of the Board of Directors of the company will be held on January 10 and 11, 2024, inter alia to approve and take on record the audited consolidated financial results for the quarter and nine months ending December 31, 2023,» the company said in a filing. In the second quarter, the Bengaluru-based company reported a 3% growth in consolidated net profit at Rs 6,212 crore. Consolidated revenue grew nearly 7% YoY to Rs 38,994 crore. In an unexpected move, the software major tweaked its guidance for FY24 in the September quarter.

Florida Attorney General Ashley Moody joins ‘Varney & Co’ and discusses Florida’s efforts to tackle crime during a wide-ranging interview.

-Name withheld on request

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The rise of insurance fraud in India is a troubling issue, as innocent policyholders are increasingly falling victim to fraudulent activities. According to Deloitte's Insurance Fraud Survey 2023, the Indian insurance sector has witnessed a substantial surge in fraudulent activities within the life and health insurance domains. Around 60% of respondents noted a significant increase in fraud, with an additional 10% reporting a marginal rise. 

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Tax-еfficiеnt invеsting is a critical componеnt of long-term financial planning. Personal finance experts say that by carefully managing your tax liabilitiеs, you can еffеctivеly maximisе your invеstmеnt rеturns and achiеvе your financial goals morе еfficiеntly.

The Reserve Bank of India (RBI) has mandated a phased renewal process for bank locker agreements, with a deadline of December 31, 2023. Account holders who have submitted a bank locker agreement on or before December 31, 2022, will need to sign a revised agreement and submit it to their respective bank branches.

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The Ethereum team leader, Péter Szilágyi, recently expressed his dissatisfaction regarding his alma mater's apparent disinterest in providing students with opportunities to engage with Ethereum technology. Szilágyi's frustration was articulated through a series of tweets on December 3, 2023, where he recounted his efforts to foster genuine interest in Ethereum at his former university.

After an unexpected surge to new all-time highs above $2,100 per ounce at the beginning of the month, gold underwent an equally dynamic correction.

A Swedish prosecutor says a preliminary investigation into the crash of a construction site elevator that killed five people has been expanded to include two more possible workplace violations

A missile fired from Houthi-controlled territory in Yemen missed a container ship traveling through the crucial Bab el-Mandeb Strait

Apple is now requiring that U.S. law enforcement agencies obtain a court order for information on its customers’ push notifications — the alerts iPhone apps send users that can reveal a lot about their online activity

Just months after filing for bankruptcy, SmileDirectClub announced it was shutting down its global operations and halting its teeth-aligner treatments

A Delaware judge says Warren Buffett’s Berkshire Hathaway will not be allowed to use allegations that billionaire Jimmy Haslam tried to bribe employees at the Pilot truck stop chain as Berkshire defends itself in a trial over Pilot’s accounting practices

Medical debt will no longer appear on the credit reports of New York residents

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Today is CPI day, and financial markets are eagerly anticipating the release of both CPI and Core CPI, covering monthly and annual changes.