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Anne Heche said his mother’s estate is unable to pay its outstanding debts, totalling more than US$6 million (over C$8.2 million).According to new court documents obtained by People magazine, Heche’s 22-year-old son Homer Laffoon said the estate is insolvent and “not yet in a condition to be closed.”Heche, who was 53, died in Los Angeles, Calif. after she crashed her car into a residential home in August 2022.

Asian stocks fell on Thursday as disappointing earnings forecasts from Facebook parent Meta Platforms hammered tech shares, while the yen's slump past 155 per dollar for the first time since 1990 raised the spectre of intervention from Tokyo. A 15% dive in shares of Meta in extended trading after the Instagram parent forecast lighter-than-expected current quarter revenue and higher expenses soured the mood, sparking a sell-off in U.S. tech and tech-related stocks.

Treasury yields amid positive corporate results particularly from technology giants. An auction of a record $70 billion worth of five-year U.S. Treasury notes on Wednesday helped to push bond yields higher and had weighed on equities. The benchmark 10-year Treasury note rose five basis points to 4.6459%.

Gold prices were stuck in a tight range on Thursday as investors looked to U.S. economic data for further clarity on the Federal Reserve's interest rate path.

Aditya Birla Fashion & Retail (ABFRL), Hindustan Copper and state-run Steel Authority of India (SAIL). The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market wide positions limits or MWPL. The ban is reversed only if the open interest falls below 80%.

investors on Wednesday with forecasts of higher expenses and lighter-than-expected revenue, knocking nearly $200 billion off its stock market value and raising fears the surging cost of AI is outpacing its benefits. Shares of the Facebook and Instagram parent dropped about 15% in extended trade following the report, its market capitalization plunging to about $1 trillion.

The South Korean city of Busan’s plans to launch a city-run, blockchain-powered digital assets exchange may be in peril, a report claimed on April 24.

Meta Q1 Results: Meta Platforms Inc., the parent company of social media majors Facebook and Instagram announced its first quarter results on April 24. The tech giant reported a significant surge — more than doubling numbers — in its Q1 profit, AP reported. The profit increase was driven by increased advertising revenue and a 6 percent rise in average ad prices on its platforms, it added.

pro-Palestine protests. Police arrested more than a dozen people including a local news photographer at the university. Some universities including the University of Texas at Austin, have swiftly resorted to law enforcement as they struggle to diffuse tension on campuses throughout the nation.

Karimganj Lok Sabha seat on April 26. As Indian Express reports, the Barak Valley, is experiencing a never before witnessed enthusiasm for the Lok Sabha Polls 2024. But why? Barak Valley in Assam is the nuanced location bordering Bangladesh, and often at the center of Bangali infiltration debate for Assam.

Q4 results today: A total of 38 companies will announce their financial results for the fourth quarter of FY24 today, April 25. Bajaj Finance, Nestle India, Tech Mahindra, IndusInd Bank, L&T Technology Services, Schaeffler India, ACC, MphasiS, Coromandel International, Laurus Labs, Cyient, Jai Balaji Industries, Himadri Speciality Chemical,Tata Teleservices (Maharashtra), Olectra Greentech, Welspun Living, Zensar Technologies, Tanla Platforms, AAVAS Financiers, and UTI Asset Management Company will announce their Q4 results today.

Mint spoke with said the contribution of automotive firms to revenue from manufacturing or engineering, research and development (ER&D) services of IT companies is now 25-35% compared to 15-20% four years ago. (IT companies do not divulge automotive numbers separately, apart from clubbing them under manufacturing or ER&D heads.) Automotive clients comprise at least 10% of the global ER&D market, which is worth $1.8 trillion, said Kumar Rakesh, India analyst for IT and automotive sectors at financial services firm, BNP Paribas.

Sensex gained 114.49 points, or 0.16%, to close at 73,852.94, while the Nifty 50 settled 34.40 points, or 0.15%, higher at 22,402.40. “We expect this bullish momentum to continue in the markets. Further, a sharp decline in India’s VIX amid the start of elections indicates lower market volatility in the near term.

Narendra Modi is in Uttar Pradesh to hold rallies in Aonla, Bareilly and Shahjahanpur ahead of the Phase 3 of the Lok Sabha elections 2024. In his recent rallies, PM Modi has lately doubled down on the Congress alleging the party's “appeasement policy". It is likely that the showdown continues between the prime minister and the Congress.

Bajaj Finance, Nestle, Tech Mahindra, IndusInd Bank, Axis Bank, HUL, Kotak Bank among others will be in focus due to various related developments or quarterly earnings. Bajaj Finance, Nestle, Tech Mahindra, IndusInd Bank Shares of Bajaj Finance, Nestle, Tech Mahindra and IndusInd Bank will be in focus as the companies will announce their quarterly results later in the day.

HUL), India's largest consumer goods maker, reported a 6% drop in net profit in the wake of flagging demand despite price cuts and is looking to volume-led growth if commodity rates remain stable. That will help the company hold prices or lower them further, while a bountiful monsoon, as predicted by the weather department, could see rural demand rising in time. March quarter net profit at Unilever's India unit declined to ₹2,406 crore, below analyst expectations, from ₹2,552 crore a year earlier. Revenue was little changed at ₹14,693 crore against ₹14,638 crore a year earlier.

Temasek and US’ Fidelity are in advanced discussions to invest around $200 million in Lenskart through a secondary share sale at a valuation of about $5 billion, three people aware of the matter said. To put this in perspective, the round would take the homegrown eyewear company’s valuation to over three times that of Warby Parker, a New York-based online retailer for spectacles and contact lens. Warby Parker listed on the NYSE late in 2022 and has a market capitalisation of around $1.55 billion.

RBI) barred Kotak Mahindra Bank from signing up new customers through its online and mobile banking channels, and issuing fresh credit cards, among the toughest curbs imposed on a scheduled bank. The regulator said Kotak had failed to fix its IT systems after being asked to do so continuously over the past two years. The regulator cited «serious deficiencies and non-compliances» by Kotak in a statement shortly after the stock market closed on Wednesday. The third-most valued private bank in terms of market capitalisation was asked to stop the functions cited «with immediate effect». The stock closed at ₹1,843.05, up 1.64% on the BSE, at a market cap of ₹3.66 lakh crore. Kotak said it would resolve the matter quickly and assured customers there wouldn't be any interruption to services.

Axis Bank, India's fourth-largest private lender by market capitalisation, has reported a robust profit of ₹7,129.67 crore for the March quarter, supported by margin expansion and higher non-core incomes. The bank expects deposit growth to be a constraint in the short term. The bank had reported a loss of ₹5,728 crore in the corresponding period a year ago on goodwill impairment following Citibank's portfolio acquisition. The bank had reported a net profit of ₹6,071 crore in October-December 2023 period, translating into a 17% increase in profit on a sequential basis.

Ford Motor Co.’s first-quarter net income fell 24% from a year ago as the company’s combustion engine vehicle unit saw revenue and sales decline

Music rights investor Concord increased its takeover bid for Hipgnosis Songs Fund Ltd. to $1.51 billion, trumping a rival proposal from Blackstone Inc.