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Mukesh Ambani's Reliance Industries and Walt Disney have appointed law firms and started antitrust due diligence of their planned Indian media and entertainment merger, four people familiar with the matter said. Reliance has appointed Indian law firm Khaitan & Co and Shardul Amarchand Mangaldas, while Disney has roped in AZB & Partners, the people said. The appointments are the latest sign of progress as Reliance and Disney, which each have a major streaming service as well as 120 television channels between them, look at merging into an entity to create an entertainment superpower in the world's most populous nation. Ambani's group is expected to have a majority stake in the entity. A fifth source said senior Disney executives from Burbank headquarters and top Reliance officials from Mumbai travelled to London in late December and signed a non-binding term sheet on the deal. Disney declined to comment and Reliance did not respond to Reuters queries.

BJP in Karnataka on Thursday launched a campaign, 'I'm also a Karsevak, Arrest Me Too' as it stepped up its protests in several parts of the State over the recent arrest of a Hindu activist in connection with a 31-year-old case related to the Ram Janmabhoomi agitation. Leading the campaign in Bengaluru, MLA and former minister V Sunil Kumar staged a sit-in demonstration near the Sadashivanagar police station, amid chants of «Jai Sri Ram» by BJP workers. Holding a placard with a message 'I'm also a Karsevak, Arrest Me Too', Kumar said he too took part in the Rama temple agitation in 1992, for which he should also be arrested.

₹1,650.7 apiece in today's trade, breaking its previous one-year peak of ₹1,618. This uptick in shares came after the bank released its quarterly update for 3QFY24 on Wednesday. For the December quarter, the bank's net advances grew by 20% to ₹3,26,741 crore as compared to net advances of ₹2,72,754 crore in Q3FY23.

On the last day of 2023, the President issued a gazette notification for the appointment of the 16th Finance Commission. While there was a lot of interest in the announcement, an omission in the other end of the public finance continues to attract no attention. States are not appointing finance commissions (SFC).

I4C wing established by the Home Minister aims to provide a framework and eco-system for Law Enforcement Agencies (LEAs) to deal with cybercrime in a coordinated and comprehensive manner. While responding to a query, Kumar said that per minute, 16 lakh attacks were noted on the G20 account during the summit, adding, that the attacks started soon after the website was up and peaked during the summit. He revealed that I4C along was able to stop these attempts and maintain the security of website with the assistance of several Indian authorities.

Meesho delists nearly 52 lakh counterfeit, restricted products in past 6 months Non-tech roles like Strategy and Operations have witnessed an uptick in salary packages in comparison to last year, the company said. The e-commerce platform visited IIT Bombay, Kharagpur, Kanpur, Madras, Roorkee, and IIT BHU, Indian Institute of Science (IISC), Indian Institute of Information Technology (III) Allahabad, BITS Pilani, Indian Institute of Management (IIMs)- Lucknow and Kozhikode, National Institutes of Technology- Delhi, Bhopal, Surat, Calicut, Institute of Chartered Accountants of India (ICAI), and Management Development Institute (MDI) for campus hiring.

₹1.44 ­lakh crore in calendar year 2023, led by 57 mainboard initial public offerings (IPOs) that collectively injected ₹49,434 crore into markets, and 45 qualified institutional placements (QIPs) that raised ₹54,350 crore, reported Business Line quotingprimedatabase.com. The mop­up from QIP is 363 per cent higher than the ₹11,743 crore raised in 2022. QIPs were dominated by financial services and engineering companies, with Bajaj Finance raising ₹8,800 crore, accounting for 16 per cent of the total amount.

Xiaomi has finally launched the Redmi Note 13 5G series in India, consisting of 3 phones: Redmi Note 13 5G, Redmi Note 13 Pro 5G and Redmi Note 13 Pro+ 5G. The smartphones are all set to increase competition in the mid-range price segment, giving customers a plethora of options, with Realme also reportedly planning to launch the Realme 12 series in the coming months. The Redmi Note 13 Pro+ 5G features a 6.67-inch curved AMOLED display with a 1.5K resolution and support for 120Hz adaptive refresh rate.

Go First establishes company with former employees to liaison with lessors amid resolution process The appointments are the latest sign of progress as Reliance and Disney, which each have a major streaming service as well as 120 television channels between them, look at merging into an entity to create an entertainment superpower in the world's most populous nation. Ambani's group is expected to have a majority stake in the entity. A fifth source said senior Disney executives from Burbank headquarters and top Reliance officials from Mumbai travelled to London in late December and signed a non-binding term sheet on the deal.

Decentralized exchange dYdX has  released  a post-mortem report detailing the “targeted attack” it experienced on its v3 platform in November. 

South Korea’s Financial Services Commission (FSC) has announced a proposal to amend its Enforcement Decree of the Credit-Specialized Financial Business Act, aiming to ban crypto purchases with credit cards.

Women with exemplary skills and resilience have achieved significant milestones, breaking barriers in various sectors. Droupadi Murmu's historic presidency, Arundhati Bhattacharya's influential role at SBI, and Falguni Nayar's ascent to self-made billionaire status exemplify these achievements. Beyond headlines, women contribute to households, societies, and corporate landscapes every day. Despite their contributions, persistent stereotypes, such as being labelled poor drivers or inefficient investors, persist. Nevertheless, women have shown remarkable progress continually.

PI Industries Ltd. traded 0.83 per cent lower in Thursday's session at 01:23PM (IST). The stock opened at Rs 3488.6 and has touched an intraday high and low of Rs 3488.6 and Rs 3419.65, respectively, during the session so far.

Avenue Supermarts Ltd. traded 0.81 per cent lower in Thursday's session at 01:29PM (IST). The stock opened at Rs 3965.0 and has touched an intraday high and low of Rs 3965.0 and Rs 3890.0, respectively, during the session so far.

Bandhan Bank reported a growth of 18.6 per cent in its loans and advances during the third quarter ending December 31 at Rs 1,15,964 crore. In a regulatory filing on Thursday, the Kolkata-based bank said the figure stood at Rs 97,787 crore during the year-ago period.

Info Edge (India) Ltd. gained 0.23 per cent to Rs 5098.75 in Thursday's trade as of 01:39PM (IST). The stock hit a high price of Rs 5141.65 and low of Rs 5060.0 during the session.

Go First Says Lessors Tactically Using Different Forums Against Airline According to a letter by Go First's resolution professional, the company has been formed "by certain Go First" employees for the "collation of aircraft records/documents". The letter further suggested that Go First, via Naik, could facilitate engagements with Maintenance, Repair, and Overhaul firms (MROs) for necessary aircraft maintenance, based on identified needs documented in the records. While most lessors have agreed to the new development, a lawyer representing one of the lessors, however, raised concerns when speaking to the paper.

loan scams. However, it is important to adopt a vigilant approach and follow a comprehensive checklist to safeguard your financial security when using instant loan apps. The advent of the internet has undeniably simplified transactions, eliminating the need for extensive paperwork in the loan application process.

Gurpatwant Singh Pannun, a Khalistani terrorist. As reported by ANI, the petition sought consular access, legal aid, and updates on the ongoing extradition proceedings in the Czech Republic. A bench of Justices Sanjiv Khanna and Dipankar Datta said it's a “sensitive" matter and it is for the Central government to take a call if it wants to intervene on the issue.

Cost of Living LIVE Updates - January 4 As per the Delhi Fire Services, the blaze originated within the director's office situated in the teaching block on the hospital's second floor. An official from the DFS stated that while no injuries were recorded, the fire destroyed files, office records, a refrigerator, and office furniture.

Kejriwal accused BJP of wanting to arrest him and dent his honesty. He further added that his lawyers claimed the summons to be illegal. "The truth is that there was no corruption.