Racing Financial News

German police authorities after they allegedly blackmailed and tried to extort Formula One legend Michael Schumacher's family by claiming that they had some secret files on the F1 driver from his prime, which could expose him and tarnish his reputation, once the files are placed on the dark web, says The Sun's report. The suspects were caught and taken into custody on June 19 and the interrogation is currently in progress. Apparently, family employees who were close to wife Corinna Schumacher were approached by the father-son pair who claimed to expose the F1 driver and his 'secrets'.

Reliance Retail has started the pilot of immediate delivery of groceries and fast-moving consumer goods (FMCG) products in certain areas of Mumbai and Navi Mumbai where orders will be fulfilled within an hour, a senior industry executive told ET. The group's fast-delivery service has been integrated into the Jiomart mobile application as a 'hyperlocal delivery' option. Reliance will try to reduce the delivery time to 30-45 minutes as more stores get linked into the system and the operation expands into other markets, the executive said. According to industry executives, Reliance's shortest delivery time for orders of daily necessities placed online is about 12 hours. Some orders can even take up to three days. An email query sent to Reliance Retail remained unanswered as of press time.

In a heartbreaking defeat, the Edmonton Oilers’ bid to pull off one of the greatest comebacks in sports history fell one win short.

Tata Elxsi, Titan and JSW Holdings among a host of other companies are likely to remain in focus this week as they have corporate actions like dividends, stock splits, bonus issues, and annual general meetings lined up this week. Here is a list of corporate actions lined up in the week:

Jindal Steel’s capacity expansion will fuel growth, but beware the China factor Despite the settlement, the controversy resurfaced when Earlyman Films and Kondurkar Studio, which claimed credit for the campaign, entered it in the Cannes Lions awards and the Kyoorius Creative Awards 2024. While the Kyoorius committee, after reviewing the case with industry juries and a legal team, decided to disqualify all entries from Kondurkar Studio and Earlyman Films across categories, the campaign went on to win a Silver Lion and a Bronze Lion at the 2024 Cannes Lions in the Film Craft category. This was despite the ongoing legal and ethical questions about its origin, rekindling the debate over who rightfully owns the idea behind the campaign.

Lindsey Vonn went sailing on the Hudson River aboard a foiling catamaran, enjoying one of the perks of joining the board of directors of the United States SailGP team

Monterrey, Mexico native learned he almost was American at birth. Suarez’s parents flirted with the idea of heading to America ahead of his 1992 birth and having the future NASCAR star born in the U.S. One problem, the cost was too prohibitive so the idea was scrapped.

Gautam Gambhir looks set to be the Indian men’s team’s next head coach. Once Rahul Dravid made it clear that he would not be re-applying for the post at the end of the T20 World Cup, the speculation began. An unnamed foreigner was in the mix. At least two former Australian cricketers said they had received feelers from those in power, but were not interested in the job. So much so that Jay Shah, BCCI secretary, put out an official clarification that neither he nor anyone else from the Indian cricket board had approached either of these cricketers. This is just how the ecosystem works around Indian cricket. There is rarely anything simple or straightforward. And then, when it looked like Gambhir was in a one-man race, it came to light that WV Raman, another former Indian left-handed opening bat, had also applied for the job.

Paris Olympics 2024 is just round the corner, United States wants to leave no stones unturned as the US Track and Field Trials are currently being held at Eugene, Oregon, at the historic Hayward Field, and will continue till June 30, according to a USA Today report. One of the winners of a major event has already been declared after some intense performances in the final round.

Nvidia's shares declined nearly 3.4% on Thursday, handing the title of the world's most valuable company back to Microsoft. Nvidia, whose market capitalization surpassed that of Microsoft on Tuesday, was set to lose around $91 billion to its last closing market value of $3.34 trillion, at the current level of $131.88.

The central conceit of colleges such as Indian Institutes of Technology (IITs) is that they are the best. The oxygen that gives life to this conceit is that they get the ‘best’ students. ‘Best’ here has a specific meaning, referring to students who are hard-working and focused, and who adapt well to certain kinds of testing.

The deadly stockpiles of nuclear weapons built by Cold War adversaries Russia and the US gave the ‘MAD’ doctrine of ‘Mutually Assured Destruction’ a literal ring. With thousands of nukes each, both had enough to destroy the planet many times over. Could today’s geopolitical divide between a China-led bloc and the US-led West imperil the world with another arms race being pushed beyond the limits of reason by its force of rivalry? According to the latest report by Stockholm International Peace Research Institute (SIPRI), a think-tank, all nine nuclear-armed countries—the US, Russia, UK, France, China, India, Pakistan, North Korea and Israel—modernized their arsenals in 2023, while some deployed new weapon systems.

TPG Capital has emerged the lead contender for about 60% of Michigan-based digital services company Altimetrik, said people aware of the development. Altimetrik, owned by Indian American entrepreneur Raj Vattikuti, is being valued at $1.5 billion (₹12,500 crore), they said. TPG's Asia investment platform TPG Capital Asia has signed an exclusivity agreement with the promoters, said the people cited. Jefferies is advising the promoter.

Apple Original Films has announced that Brad Pitt's Formula 1 movie will be released in theaters on June 27, 2025. The film will feature intense racing sequences and a star-studded cast.

₹10,000 mark for the first time in today's trade to hit a new all-time high of ₹10,038 apiece by gaining 0.77%.The stock's surge today has propelled it to achieve a 47% gain in the current year so far and an 115% increase over the past one year. Starting from its low of ₹3,636 per share in March 2023, the stock is currently trading at a remarkable 174% increase.

The U.S. Air Force will announce on Tuesday its latest initiative to unleash the power of “digital twins"—computerized simulators that mimic real-world systems with almost perfect accuracy. This bold effort, dubbed Model One, integrates 50 top military simulations into a unified system to adapt to the ever-evolving landscape of digital warfare.

Apple Watch that advised him to seek medical attention.According to a report by Canada Global News, Chalmers's Apple Watch initially detected atrial fibrillation (AFib), a condition characterized by an irregular and often rapid heart rate that can increase the risk of stroke and heart failure. Despite trying to rest, his heart rate continued to be irregular. Continuous alerts from his watch prompted Chalmers to visit the hospital."About half an hour later, I was lying down with my daughter, and my heart was still racing.

Priyanka Gandhi is joining the poll race from Wayanad, after Rahul Gandhi opted to retain Raebareli, the Gandhi family bastion.After the announcement was made by Congress President Mallikarjun Kharge, Priyanka Gandhi said, “I am very happy to be able to represent Wayanad and I will not let them feel his (Rahul Gandhi's) absence.""I will work hard and I will try my best to make everyone happy and be a good representative. I have a very old relationship with Raebareli and Amethi and it cannot be broken.

India Women Innings Highlights : India Women vs South Africa Women Live Score: India Women Harmanpreet Kaur 8 (7) Smriti Mandhana 22 (25) South Africa Women Annerie Dercksen 0/14 (2) India Women vs South Africa Women Live Score: FOUR! UP AND OVER! Annerie Dercksen goes short and again around off. Smriti Mandhana pulls it over mid-wicket this time and the ball doesn't stop until it meets the ropes. Four more runs.

ANI.Meanwhile, India will now head into the Super 8s with 7 points and a Net Run Rate (NRR) of 1.137, finishing at the top of the Group A table. Canada team with three points, has been eliminated from the tournament.India has already qualified for the Super 8 after clinching three consecutive wins in Group A.

NCP (SP) chief Sharad Pawar on Saturday described as "misuse of power" the Delhi Lieutenant Governor's sanction to prosecute author Arundhati Roy under the stringent UAPA for an alleged provocative speech in 2010. He was speaking to reporters during a joint press conference with Maha Vikas Aghadi allies Shiv Sena (UBT) chief Uddhav Thackeray and senior Congress leader Prithviraj Chavan. Asked about Delhi L-G VK Saxena's sanction to prosecute Roy under the Unlawful Activities (Prevention) Act, or UAPA, for an address at an event 14 years ago, the former Union minister said, «This is nothing but misuse of power.» Besides Roy, Saxena on Friday also gave the green signal for action under UAPA against former Central University of Kashmir professor Sheikh Showkat Hussain.