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The founder of the muckraking financial research firm Hindenburg Research says he is disbanding the organization after finishing the work it set out to do

U.S. automobile safety regulators are closing their preliminary investigation into General Motors’ Cruise robotaxis without taking further action

JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for the year

News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff based on performance and hiring new workers to replace them

U.S. stocks ripped higher after an encouraging update on U.S. inflation

Saif Ali Khan sustained minor injuries after an altercation with an unknown individual who unlawfully entered his residence late Wednesday night. The confrontation reportedly began when the intruder engaged in an argument with the actor's maid and the actor intervened to calm the situation, escalating into a scuffle that left Saif injured.

buy call on Biocon with a target price of Rs 430. The current market price of Biocon is Rs 382.8. Biocon, incorporated in 1978, is a Large Cap company with a market cap of Rs 45970.97 crore, operating in the pharmaceuticals sector. Biocon's key products/revenue segments include Bio Pharmaceuticals, Other Operating Revenue, Waste and Sale of services for the year ending 31-Mar-2024.

Hindenburg Research, whose reports resulted in wiping out billions of dollars of Indian billionaire Gautam Adani and his companies, has been shut down, its founder Nate Anderson announced Wednesday.

Saif Ali Khan stabbed LIVE Updates: Actor Saif Ali Khan has reportedly sustained minor injuries after an unknown individual entered his residence and was involved in a scuffle with the actor resulting in the injruies.According to Mumbai Police, the incident occurred late Wednesday night when the intruder engaged in an argument with the actor's maid.When Saif Ali Khan attempted to intervene and calm the situation, the unknown individual turned aggressive and the two were engaged in a scuffle, causing the actor to sustain minor injuries. Investigation is going on.The actor, who was immediately attended to, has been admitted to the Lilavati Hospital in Mumbai for treatment.While his injuries are not severe, the police have initiated a full investigation into the matter.According to Deputy Commissioner of Police, Dixit Gedam, "The actor and the intruder had a scuffle.

Subscribe to enjoy similar stories. Stepping into 2025, the banking sector is recalibrating its approach to balance growth with stability. Guided by the Reserve Bank of India’s (RBI) measures to manage systemic risks and encourage prudent lending, banks are prioritizing deposit growth over aggressive lending strategies.

Bitcoin climbed back above $100,000 on Wednesday, rising on fresh inflation data that lifted stocks and regulatory news seen as bullish for cryptocurrency.

Hindenburg Research, the firm known for its short-selling reports, is shutting down. Founder Nate Anderson made the announcement Wednesday. The firm's research led to significant financial losses for Indian billionaire Gautam Adani and his companies.

State Bank of India (SBI) and its closest private sector rival HDFC Bank are set to report divergent profit growth for the quarter ending December 2024, estimates by analysts show. State-run SBI could report profit after tax (PAT) growth upwards of 80% on the back of comparatively better deposit growth and lower wage costs, while HDFC Bank may report less than 7% rise in PAT amid muted loan and deposit growth across the banking sector.

RIL, Infosys, GAIL, Axis Bank, HDFC Life among others will be in focus due to various news developments and third quarter results. RIL, Infosys, Axis Bank, LTIMindtree Shares of RIL, Infosys, Axis Bank and LTIMindtree will be in focus as the companies will announce their third quarter earnings today.

Bloomberg states.This month, Anderson went after Ernie Garcia III’s Carvana Co., accusing him and his father, Ernie Garcia II, of an “accounting grift for the ages." The auto retailer promptly dismissed Hindenburg’s arguments as “intentionally misleading and inaccurate."As I’ve shared with family, friends, and our team since late last year, I have made the decision to disband Hindenburg Research. The plan has been to wind up after we finish the pipeline of ideas we were working on.

HDFC Life reported a 14% year-on-year rise in net profit for the third quarter, driven by higher premium income and strong growth in non-par savings products. During the quarter, net profit rose to ₹414 crore, up from ₹365 crore in the same period a year ago. Net premium income rose 10% to ₹16,771 crore in the quarter, up from ₹15,235 crore.

Oyo, including Lightspeed Venture Partners, are in talks with a group of family offices to sell part of their stakes in the hospitality startup at a valuation of around $3.9 billion, people briefed on the matter said. Peak XV Partners, another early investor, recently sold some of its remaining 3% stake, clocking about $80-90 million in returns, they said.

Airtel — to outshine the other two private telcos — Jio and Vodafone Idea (Vi) — by posting stronger sequential revenue growth. The residual passthrough of tariff hikes taken in July 2024 and higher mobile broadband user additions are expected to aid Airtel’s Q3. To be sure, the impact of last year’s price hikes is likely to boost APPU of all three private carriers, with Airtel set to be the top gainer.

Stephen A. Smith, the renowned and the prominent sports commentator eventually voiced his frustrations with US Vice President Kamala Harris and former US President Barack Obama during a recent appearance on The Rubin Report of Dave Rubin, reported Vibe.

Andrew Tate, who eventually faces some pretty serious alleged legal charges including human trafficking and rape, reported Daily Beast.