PAM Financial News

Sean Diddy Combs is currently held in the 4 North unit of Brooklyn's Metropolitan Detention Center (MDC) which is a facility known for housing high-profile inmates like Sam Bankman-Fried and R. Kelly, reported The Mirror US. The dormitory-style environment accommodates around 20 inmates and features unique aspects which include holes that allow inmates to see and communicate with women on a lower floor, revealed the former inmates. According to The Mirror US life in this unit for the inmates is described as somewhat monotonous while it has severely limited privacy with small beds placed closely together and very basic amenities like access to tablets for movies and games. Sean Diddy Combs is lodged in MDC and is awaiting trial on serious charges which includes sex trafficking and racketeering eventually which he has denied. Also Read: Stellar Blade x Nier Automata DLC: See release date, pricing and outfits

Kalina Marie made the decision to inform her followers of the events leading up to the day after viewers conjectured that there must be more to the story and asked how it could have reached that point without her knowledge, as quoted in a report by The New York Post. The pandemic prevented her and her husband, who have been together for nine years, from getting married when they had planned to after they became engaged in 2019.

Diego Forlán's newfound career in professional tennis started with a doubles loss at the Uruguay Open. The 45-year-old Forlán and Federico Coria of Argentina lost 6-1, 6-2 to Boris Arias and Federico Zeballos in the first round of the ATP's second-tier challenger tour. Forlán and Coria were granted wild-card entries to play doubles in the tournament.

Transformers One will soon be available for streaming on Paramount+. Directed by Josh Cooley, the movie hit theaters last month and will now reach a wider audience via digital platforms.

meteor shower peaks this weekend, however, that bright glowing orb will still be nearly full, so most places will probably be obscured by all but the brightest meteors, as quoted in a report by Time. The Leonids are famous for their meteors, which can reach speeds of up to 70 kilometres per second (44 miles per second). King's College London's Shyam Balaji stated that unfortunately this year, the viewing conditions will be affected by a nearly full moon. The chances of seeing more meteors can be increased by watching in the early morning when the moon is lower in the sky.

Reserve Bank of India (RBI) Deputy Governor Swaminathan J on Thursday stressed the need for urban cooperative banks to evolve digitally, addressing IT and cybersecurity gaps as he highlighted the importance of improving the liquidation process to protect depositors' interests. Speaking at the Second Conference of State Registrars of Cooperative Societies (RCSs) here, Swaminathan also stressed the importance of coordinated engagement between the RBI and registrars of co-operative societies, respecting each other's roles. While financial indicators for UCBs have improved, he noted room for growth in business, asset quality, and liquidity, he said.

Mahindra Group CEO and Managing Director Anish Shah on Thursday pitched for a balance between tariff and non-tariff barriers for a stronger manufacturing sector in the country. «Indian industry needs no protection. We've had no protection for the last 20 years and if we had protection, we would not have the quality that we have today,» Shah said, while speaking at the CNBC TV18 Global leadership summit here. «With regard to duties, the questions are around non-tariff barriers along with tariff barriers… And frankly they should (be there) because that will put Indian manufacturing in a much stronger place,» he said. He was responding to a question on whether India needs to impose import tariffs on companies such as Tesla as they look at entering the Indian market.

Scindia had a review meeting with the Chief Minister of Mizoram Lalduhoma and his teams in the Conference Hall of Planning and Implementation Department. The meeting was held for reviewing of various schemes of Ministry of DoNER in the state of Mizoram. Scindia said, “The purpose of the meeting is to jointly look at the project of Mizoram growth and development” he said that under the leadership of the Prime Minister Narendra Modi there has been an immense transformation in the development of the Northeast region in the last ten years. He said that Northeast is the vantage point and the entry point for all of South East Asia countries into the Indian sub-continent and much play a very important role in the dynamics of the India’s growth.

GlobalBees, the house of brands subsidiary of baby and mother care products retailer FirstCry, has reported a 55% revenue growth of Rs 432.5 crore in the fiscal year ending March 2024, outperforming similar brands that have seen slower growth amid a consumption downturn. The adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) for GlobalBees also surged by 154% year-on-year (YoY). While this growth aligns with the overall business expansion of the Pune-based company, which operates in India and Saudi Arabia, the management noted that increased seasonal sales significantly boosted this subsidiary's growth.

medical tubing used in catheters. The groundbreaking of the new manufacturing site is expected in 2025, with operations commencing in 2026. The manufacturing site will increase US-based Lubrizol’s local medical tubing volume five-fold, creating easier access to life-saving medical tubing in India and in markets around the world through export. High-quality medical tubing produced through the partnership will be used in neurovascular and cardiovascular medical applications, such as balloon catheters and minimally invasive procedure catheters.

Enforcement Directorate (ED) conducted raids and search operations in and around Kolkata in connection to a multi-crore alleged financial fraud and money laundering through lottery tickets. Three teams of the central agency officials carried raids and search operations in at least three locations in Kolkata. The central agency officials carried out raids in at least three locations in Kolkata, Madhyamgram area in North 24 Parganas district and two other locations. In Madhyamgram's Michael Nagar, raids and searches were conducted in a lottery-ticket printing factory. The other two places where raid and search operations were conducted were at Lake Market and Lake Gardens in South Kolkata. The central agency also conducted raids at the offices-cum-residences of two lottery agents, people in the know said. Multiple charges against the lottery scam include evasion of taxes and diversion of the proceeds of the income illegally.

Uttar Pradesh Public Service Commission (UPPSC) accepted one demand of the aspirants to hold the Provincial Civil Services preliminary examinations on a single day on the old pattern, the trouble for the state administration could not come to an end. Reports reaching here said several aspirants continue to protest in front the UPPSC headquarters in Prayagraj in support of their other demand to hold Review Officers (ROs) and Assistant Review Officers (AROs) examinations in one shift on a single day. However, the UPPSC has decided to postpone the ROs and AROs examinations-2023, which were scheduled to be held in three shifts on December 22 and 23.

Whoopi Goldberg's birthday dessert order over political views. Bakery owner Jill Holtermann shares that she did not deny the request because of Goldberg's politics and that she informed Goldberg two weeks ago that she was experiencing equipment issues in her kitchen, as quoted in a report by Entertainment. A 145-year-old New York bakery has denied Whoopi Goldberg's on-air claims that it refused to make special treats for her 69th birthday episode of The View due to her political beliefs. Shortly after closing Wednesday's episode of the show with a round of Charlotte Russe desserts at the Hot Topics table, Goldberg declined to name the bakery that made the desserts, speculating that they initially denied her order due to her political beliefs.

IRB Infrastructure Trust has made a non biding offer to IRB InvIT Fund to transfer five toll assets having an enterprise value of Rs 15,000 crore as of September 2024, according to an exchange filing on Thursday. In a statement, IRB said it plans to re-invest the proceeds raised from the deal in upcoming opportunities in the infrastructure sector. IRB Infrastructure Trust is IRB Infrastructure and Developers' private InvIT (infrastructure investment trust) with 51 per cent stakeholding, while IRB InvIT Fund is a publicly listed InvIT platform in which the infrastructure player has a 15 per cent share. «IRB Infrastructure Trust, an associate, has announced a non-binding offer to transfer five matured highway assets to the IRB InvIT Fund,» IRB Infrastructure Developers Ltd (IRB) said in a statement.

Honasa Consumer, the parent company of beauty and personal care brand Mamaearth, reported a decline in its operating revenue for the September quarter while also slipping into losses, on account of a significant hit from its offline distribution restructuring exercise. For the July-September period, Honasa Consumer reported a 7% year-on-year (YoY) decline in operating revenue at Rs 462 crore. It posted a net loss of Rs 19 crore in the quarter, compared to Rs 30 crore net profit in the same period last year. “The impact (of the restructuring) was actually higher than what we had planned and expected…we initially had certain assumptions in place, which were based on a certain level of inventory but when we got into the actual execution, it turned out to be relatively higher,” the company’s founder and CEO Varun Alagh told ET.

Jharkhand Assembly elections, with Aquil Akhtar of Samajwadi Party emerging as the wealthiest, declaring assets exceeding Rs 400 crore, according to a report by the Association for Democratic Reforms (ADR) released on Thursday. The Jharkhand Election Watch and ADR analysed the self-sworn affidavits of 522 out of 528 candidates in 38 constituencies for the second phase of the elections, scheduled for November 20. Of the 522 candidates, 127 (24 per cent) are crorepatis, while 148 (28 per cent) have declared criminal cases against themselves, the report said. «The role of money power in our elections is evident from the fact that all major political parties field wealthy candidates,» the report stated.

Vodafone Idea official on Thursday said telecom subscribers consuming more data should pay more to enable the industry to generate reasonable returns and ensure connectivity to all sections of society. During Vodafone Idea (VIL) earning call for the second quarter ended September 30, 2024, the company's CEO Akshaya Moondra said that the loss of subscribers to BSNL due to the recent tariff hike is quickly reversing because of the state-run telecom firm's «network experience». He said that the Indian wireless sector is at a crucial junction.

JioStar, has announced the leadership team that will work closely with the three co-CEOs Kevin Vaz (entertainment across platforms), Kiran Mani (digital), and Sanjog Gupta (sports). Nita Ambani will be the chairperson of the merged entity while Uday Shankar will serve as its vice-chairperson. In an internal email to employees, the leadership team was unveiled.

Ride-hailing app Uber on Thursday announced a host of new features such as SOS integration, helmet selfie and women rider preference for female drivers — all aimed at making experience for million-plus drivers on its platform «safer, easier and fairer». Further, in support of the government's Code on Social Security (CoSS), which seeks to provide a safety net for gig workers, Uber announced the promotion of registrations on the e-Shram portal, which is a unified database for gig workers and unorganised workers. To encourage participation and accelerate such registrations, Uber is offering cash incentives to the first 10,000 drivers who register on the portal. Key enhancements for drivers include SOS integration, helmet selfie, women rider preference for female drivers, and audio recording, as also upfront tipping, instant payments, and mentorship program.

Elon Musk for weighing in on Italian court rulings that have stymied the government’s plans to process some asylum-seekers in Albania. The US billionaire had said Rome judges blocking a government anti-immigration initiative should be sent packing. With the election in the US, where immigration was a hot-button issue, done, Musk criticised Italian judges for going against Prime Minister Giorgia Meloni's move to deport illegal immigrants. Meloni planned to detain up to 30,000 migrants in Albanian facilities.