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Wall Street’s fourth-quarter earnings season shifts into high gear in the coming weeks with some of the biggest names in the market set to release financial results.

On a sequential basis, net profit fell 21%. Net interest income, the difference between interest earned and interest expended, increased 21% year-on-year to Rs 1,546 crore in the third quarter.

Zee Entertainment Enterprises (ZEE) on Friday said that it is not aware of any board meeting of Sony Pictures, where it was expected to seal the fate of a $10-billion merger deal. «The company is not aware of, and cannot comment on, any board meeting held or proposed to be held by Culver Max Entertainment Pvt Ltd (formerly Sony Pictures Networks India Private Limited), given that these are internal matters of Sony,» Zee said in a filing. Punit Goenka-led Indian media giant reiterated that it is committed to the merger with Sony and is continuing to work towards a successful closure of the proposed merger. Earlier today, multiple media outlets reported that a board meeting of Sony was scheduled on Friday to take a call on the merger deal with Zee. «Two key meetings are set to be held back-to-back. Culver Max Entertainment is likely to hold a board meeting on Thursday night, followed by Sony at its Tokyo headquarters,» an ET report noted. Reacting to the media reports, Zee said it is engaging in good faith negotiations with Sony with a view to discuss the extension of the date required to make the scheme effective, by a reasonable period of time. Zee and Sony agreed on a merger two years ago, but the proposed deal hit a brick wall after Sony expressed inhibitions about Goenka running the combined entity. It was expected that the deal would be completed within the stipulated deadline of December 2023.

Investing.com — Oilfield services giant SLB (NYSE:SLB) has reported fourth-quarter profit that topped analyst estimates and bumped up its dividend.

Investing.com — U.S. futures edged higher Friday, with positive sentiment in the tech sector boosting the main indices as the earnings season continues.

UBT) leader and former Mumbai mayor Kishori Pednekar has been summoned by the Enforcement Directorate (ED) on January 25 in connection with the probe into an alleged scam in the purchase of body bags by the Brihanmumbai Municipal Corporation during the COVID-19 pandemic, an official said on Friday. This is the second time that the probe agency has summoned Pednekar for questioning.

More than 40% of all CFO searches done by Korn Ferry in recent times were around new age companies that are planning to get listed, said Rahul Kakkar, partner and India head, CFO Practice, at the leadership advisory and senior executive search firm.

Reliance Industries' retail arm Reliance Retail Ventures (RRL) on Friday posted 32% growth in its net profit at Rs 3,165 crore for the quarter ended December 2023. The same stood at Rs 2,400 crore in the year-ago quarter. Revenue from operations in the reporting period rose 24% year-on-year to Rs 74,373 crore. The business posted an EBITDA of Rs 6,258 crore, which was up by 31% year-on-year.

₹2 crore per episode, making non-fiction shows a more cost-effective proposition," a recent Ormax report said. In general, reality shows have a higher new user-to-returning user ratio compared to fiction, owing to their wider appeal and limited supply of non-fiction shows on OTT, Ormax said. Further, they provide more avenues from an advertising revenue perspective, due to brand integration and sponsorship possibilities.

Mint had earlier reported that this cooperation will now extend to the Pacific Islands as well. The Philippines, a key political and security ally of the US, has recently increased its defence procurement from India, including the BrahMos missile, amid strained relations with China over maritime disputes. Manila has accused China of using aggressive tactics and condemned the actions.

₹74,373 crore, a growth of 23.8% YoY over Q3FY23 revenue of ₹60,096 crore. During the quarter, the company reported the highest-ever quarterly EBITDA of ₹6,258 crore, marking a 31.1% improvement over Q3FY23's EBITDA of ₹4,773 crore and a 7.52% surge compared to the Q2FY24 figure of ₹5,820 crore.

The Canadian Securities Administration (CSA), the country’s securities watchdog, has proposed new regulatory requirements for public investment funds that looks to invest in crypto assets.

The significant opportunity in the growing private credit market has prompted the launch of a new strategic financing vehicle by Citi and global alternative investment manager Luminarx Capital.

₹5,208 crore from ₹5,058 in Q2FY24. The telecom operations of Mukesh Ambani's Reliance Industries' revenue from operations stood at ₹25,368 crore, up 2.5% during the quarter ended December from ₹24,750 crore in Q2FY24.

Capterra survey, 82% of organisations with a heightened awareness of cyber threats reported increased cybersecurity spending from 2022 to 2023, while a mere 1% reported a recognition of the critical need for robust cybersecurity measures. Companies across various sectors in India have implemented a range of technical and procedural safeguards such as:1. 61% of surveyed organisations conduct formal cybersecurity risk assessments. 2.

₹2,850.5 crore, compared to ₹2,062.2 crore in the year-ago period, it said in a regulatory filing. With this, the firm said its consolidated net loss narrowed to ₹221 crore from ₹392 crore reported in the last financial year.

PTI. There will be no flight arrivals or departures at the Delhi airport from 10.20 am to 12.45 pm every day from January 19 to January 26 in connection with the Republic Day preparations and celebrations, said the report citing an official. The Airports Authority of India (AAI) has revised NOTAM (notice to airmen) to introduce the new restrictions.

A high-ranking official at the US Treasury has called upon lawmakers to take immediate action concerning crypto regulation to avert any potential future financial crises preemptively.

In recent weeks, Apple (NASDAQ:AAPL) stock has faced challenges, which has yielded a 2% year-to-date underperformance compared to the S&P500's 0.2% decline. Concerns surrounding China demand, watch bans, and regulatory risks have contributed to this dip.

Investing.com -- U.S. stock futures tick higher, pointing to an extension in gains posted in the prior session. Elsewhere, the U.S. Congress passes a bill providing short-term funding to the federal government, while department store chain Macy's (NYSE:M) reportedly plans to axe thousands of jobs and close some locations.

(Reuters) — IRobot shares slumped 36% in premarket trading on Friday after a report the European Union antitrust regulator was planning to block Amazon.com (NASDAQ:AMZN)'s $1.4 billion buyout of the Roomba vacuum maker.