Reports Financial News

Article 370 Box Office Collection Day 4: Yami Gautam's new Bollywood movie, Article 370, managed to pass the Monday test and earned ₹3.25 crore net at the box office. The movie, directed by Aditya Suhas Jambhale and produced by Jio Studios and B62 Studios, has received positive responses from critics and audiences alike. The movie opened on February 23 with ₹5.9 crore net collections.

Israel-Hamas conflict by “next Monday," as reported by CNN. He further said that we are close to it but it's not done yet. "Well, I hope by the beginning of the weekend, I mean, the end of the weekend," Biden said after being asked when a ceasefire might start.

Zuma Global President Heather Zumarraga reacts to a recent report revealing that tech companies have cut 32,500 jobs in 2024 on ‘The Big Money Show.’ 

Suzhou, China, has reported that more than 29.16 million residents now have digital yuan wallets, as the nation’s CBDC project continues to gather pace.

Joe Biden highlighted that he hopes there will be a ceasefire in the Israel-Hamas conflict by «next Monday,» as reported by CNN. He further said that we are close to it but it's not done yet.

Donald Trump Jr., the eldest son of former President and GOP front-runner Donald Trump. A person familiar with the matter said that results on the substance were inconclusive, but officials do not believe it was deadly. The person spoke on condition of anonymity to confirm details of the letter, which were first reported by The Daily Beast.

Indian Oil State-run Indian Oil has cancelled the tender for setting up the first green hydrogen plant at the company's Panipat Refinery and Petrochemical Complex in Haryana.

Sony Group Corp. dodged a bullet when its lawyers nixed a $10 billion Indian merger that executives had spent two years trying to bring to fruition. The spurned target hasn’t been as lucky. Zee Entertainment Enterprises Ltd. has no other suitors on the horizon, and its founders’ mounting legal troubles are threatening to engulf the firm. To foreign investors, the Sony-Zee saga is a reminder of the need to approach Indian deals with an abundance of caution. In 2008, Daiichi Sankyo Co. shelled out $4.6 billion to buy Ranbaxy Laboratories Ltd., a generic drugmaker, from New Delhi-based brothers Malvinder Singh and Shivinder Singh. Shortly after, US regulators barred more than 30 drugs made at two of the Indian company's plants and halted reviews of new products at one of the factories because the firm had falsified data. Daiichi got pulled into a rabbit hole to win an arbitration award against the brothers for suppressing facts, and then to get it enforced. Sixteen years later, governance at many Indian family-controlled firms isn’t any better. The market watchdog, which is investigating Zee’s founder Subhash Chandra and his son Punit Goenka, the chief executive officer, for siphoning funds from the publicly traded firm, has found a 20 billion rupee ($241 million) diversion, roughly 10 times bigger than what was revealed to a preliminary probe.

Coca-Cola Co's global chairman and chief executive officer, James Quincey, will head a 220-member company leadership team on a potentially big-impact visit to India this week, executives aware of the plans told ET, pointing to New Delhi's rapidly ascending importance for the Atlanta-based beverage firm that is striving to drive sales in mature markets such as the US and Europe. India, the world's most populous and youngest country, is a top-five volume growth priority market for the maker of Coke and Sprite aerated drinks, Minute Maid juice and Kinley bottled water. «The executives are keen on meeting the government brass,» said one of the executives cited above. «They will also be engaging with bottling partners that now operate close to half of Coca-Cola's bottling business in India — and are crucial since they will infuse capital into the business.»

that its Arkansas distribution center shipped FDA-regulated products to more than 400 Family Dollar stores in Alabama, Missouri, Mississippi, Louisiana, Arkansas, and Tennessee. According to the plea agreement, the company began receiving reports in August 2020 of mouse and pest issues with deliveries to stores.

After-Hours Stock Movers:

Investing.com — The Dow closed lower Monday as investors mulled ongoing quarterly earnings from corporate America and awaited further catalysts including the release of key inflation data later this week.

By Echha Jain

Late last year, U.S. Representative Nancy Pelosi reported a transaction to purchase call options in NVIDIA Corporation (NASDAQ:NVDA). After a massive rally in the stock this year related to breathtaking AI uptake and the company's strong financial results, Pelosi is now said to be sitting on a significant windfall profit.

earnings upgrade-to-downgrade ratio has weakened over the past three months, with 251 companies in the Nifty 500 universe experiencing downgrades for FY24, compared with 152 upgrades, Bloomberg data showed. Among the Nifty 50 companies, 30 experienced downgrades, while 19 underwent upgrades in this period. A Bloomberg earnings upgrade or downgrade is the consensus estimate by equity analysts tracking the stock, indicating expectations of higher or lower profits, respectively.

Miraculous fans as Netflix prepares to add another season of the popular show along with a special movie to its lineup in March 2024. Despite the show's complex streaming rights, fans in the United States can look forward to a new season and special hitting the platform soon, as per a What’s on Netflix report.

major copper mine proposed in central Montana can proceed after the state's Supreme Court ruled Monday that officials had adequately reviewed the project's environmental effects. The court's 5-2 decision overturns a 2022 lower court ruling that effectively blocked work on the Black Butte mine north of White Sulphur Springs by revoking its permit. Attorneys for Montana Trout Unlimited and other conservation groups claimed the mine's permit from the Department of Environmental Quality, or DEQ, was unlawful.

Bitcoin (BTC) started the week on a strong note, rising 3% Monday afternoon to top $53,000, its highest level since December 2021. Reddit's disclosure of its cryptocurrency holdings, and former President Donald Trump's seemingly softer stance on bitcoin last week may have added to the price momentum for the largest cryptocurrency.

After the bloody downturn of 2022 and the broad-based uncertainty of 2023, retail investors are enjoying a more upbeat outlook on financial markets and the economy.

Elijah Vue is still missing nearly a week after he disappeared from a home in Two Rivers, Wisc. As police and volunteer search efforts continue, Vue’s mother faces a criminal charge that she was party to child neglect and allegedly sent the three-year-old to stay with a man for “disciplinary reasons.”Vue is described as being ethnically white and Hmong, an ethnic minority group that hails from southern China and northern Southeast Asia.

Wendy’s plans to experiment with a surge-pricing system similar to Uber's, wherein prices will vary during the day depending on demand. This implies that the cost of a Dave’s burger might increase during peak lunch hours, as per a report. Under Wendy’s new dynamic pricing strategy, the beloved Dave’s Single burger may see a surge of up to $1 during peak lunch hours, only to revert to its original price afterward, New York Post reported.