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Subscribe to enjoy similar stories. The rise of artificial intelligence (AI) has reshaped the security landscape for companies with a sharp rise in the sophistication and number of attacks, and the speed at which they are executed. "The time attackers take to execute has drastically reduced.

Subscribe to enjoy similar stories. One way of gauging how a country is faring is to track the wealth of its people. India, by that measure, is doing well.

extreme heat as climate change pushes temperatures up, a report found on Sunday, a problem multinational retailers and brands will have to help address. New European Union regulations make retailers selling in the bloc, like Inditex, H&M and Nike, legally liable for conditions at their suppliers, putting pressure on them to help fund improvements to cool factories they source from. In Dhaka, Hanoi, Ho Chi Minh City, Phnom Penh and Karachi, the number of days with «wet-bulb» temperatures — a measurement that accounts for air temperature as well as humidity — above 30.5 degrees Celsius jumped by 42% in 2020-2024 compared to 2005-2009, researchers at Cornell University's Global Labor Institute found.

Nifty 50, to rank among the worst performing global markets (after France and South Korea), between 27 September 2024 and 5 December 2024, according to data sourced from Reuters-Refinitiv for 22 global indices. The global indices cover the US, Europe, Asia, Russia and Latin America. Moreover, despite recovery in the first week of December, the last 10 weeks performance has also dragged the year-to-date performance of the Indian equity benchmark. The index was ranked second among the 22 global indices (after the Nasdaq Composite) based on returns between 29 December 2023 and 26 September 2024 (the day the Nifty 50 closed at its all-time high). However, after including the performance since the last week of September, the Nifty 50 has dragged to rank 11 in year-to-date performance. The Nifty 50 has delivered -5.6% returns in the last 10 weeks (since 27 September 2024) and 13.7% returns year-to-date. The returns and rankings are based on 5 December 2024 closing values.

Ranjit Babu, head of consumer electronics at Amazon India and former chief executive of its largest seller–Cloudtail, has resigned, adding to the ongoing senior-level churn in the ecommerce marketplace, people said. Babu's resignation follows a restructuring in the company after the exit of its former India head Manish Tiwary recently. Babu has over the years emerged as one of the key executives at Amazon India, dabbling in various roles that oversaw top revenue-grossing categories. He has been associated with Amazon for more than a decade, including his stint at Cloudtail, which was key to the success of Amazon's India operations.

Flipkart, India’s largest ecommerce firm valued at $36 billion, is preparing for an initial public offering (IPO) in the coming year with a definite timeline of 12-15 months, multiple people aware of the development said. The proposed listing, which is likely to be the largest share issue by a new-economy company, will mark a seminal moment for the country’s startup sector that is now regarded as the third largest worldwide. The Walmart-owned firm has secured internal approvals to move its domicile from Singapore to India, regarded as a first step to an IPO, and is targeting a public sale of shares by the end of the next calendar year or within the first quarter of 2026, people in the know told ET. “The process has begun and there is clear understanding that in this timeline the company should be public,” one of the sources said.

AgriStack initiative, for rolling digital farm lending in Uttar Pradesh for its eight crore farmers, the State government is currently working with the International Finance Corporation for providing APIs of the state’s land records and farm boundaries to SatSure and a couple of other companies. Bengaluru-based Space tech company SatSure provides satellite-based risk scoring and ratings reports at both farm and village level. It extracts patterns from satellite imagery using AI algorithms which can identify what crop is growing within a land parcel. It tracks changes in health, productivity, and provides insights on how these changes are related to climatic variables like rainfall, temperature, and humidity. These insights help banks understand the farmer’s income from the land and his ability to repay a loan.

Rashmi Saluja, the executive chairperson of Religare Enterprises, earned ₹68.86 crore in gross remuneration in FY24, according to the company's annual report released on Saturday. This makes her the third-highest-paid professional to head a company in the BFSI (banking, financial services, and insurance) sector in FY24 and the seventh-highest overall in India, surpassing the gross remuneration of Infosys CEO Salil Parekh, L&T's SN Subrahmanyan and Satish Pai of Hindalco. In the BFSI sector, Abhay Bhutada, the former managing director of Poonawalla Fincorp took home ₹241 crore in FY24 while Rajeev Jain of Bajaj Finance earned ₹101 crore.

Sweetpea can rejoice as the series has officially been renewed for a second season. The announcement comes after the success of the first season, which premiered in October and quickly captivated audiences with its bold storytelling. Sweetpea follows the chilling journey of Rhiannon Lewis, a seemingly quiet woman whose inner turmoil manifests in a vengeful spree of murder.

IPL) is on a remarkable growth streak, with the top 10 franchises seeing their combined revenue more than double to ₹6,797 crore in FY24 from ₹3,082 crore in the previous year, according to financial data from Tofler. Experts attributed the surge to the league's soaring commercial appeal, powered by smart media partnerships and lucrative sponsorship deals. The primary catalyst for growth was the record ₹48,390 crore media rights deal signed in 2022 between the Board of Control for Cricket in India (BCCI) and Disney Star and Viacom18, who have since combined to form JioStar.

Royal Bank of Canada reported its results today. Insiders say it won't announce its bonuses until next week. When it does announce bonuses, they could a pleasant surprise. 

revenue and profits due to demand concerns, a handful of companies across sectors reported net profits for the first half of FY25 that exceeded their respective profits for the entire previous fiscal year helped by various factors such as growing revenue, lower input costs, inventory benefit, lower tax outgo, and improved operating cash flows. There were eight such companies among the BSE 200 index components including Bharti Airtel, Zomato, Vedanta, Dixon Technologies (India), PB Fintech, Godrej Properties, Voltas, and Adani Wilmer arranged in the descending order of their current market capitalisations. Among these companies, food delivery provider Zomato, electronics manufacturer Dixon, online insurance solutions provider PB Fintech, Realty developer Godrej Properties, and air conditioning major Voltas reported robust revenue growth year-on-year in the six months to September 2024. For Dixon, revenue rose sharply by 120.5% to Rs8,214.7 crore while net profit jumped by 197.3% to Rs523.5 crore, surpassing the FY24 net profit of Rs367.8 crore.

This comes amid significant developments in Syria, including the seizure of Damascus by rebel forces and overthrowing the dictator whose whereabouts are not known. There have been reports that Assad's army retreated from the Syrian countryside leaving him alone. Syrians in cities around the world were seen celebrating Bashar al-Assad's ouster. Around six million Syrians became refugees during the brutal 13-year war under Assad’s rule.

Dominique Brown, a 34-year-old Disney enthusiast and influencer, passed away on December 5, 2024, after suffering a severe allergic reaction at a holiday food event hosted by BoxLunch in Los Angeles. According to reports, Brown consumed a food item at the event that she was told did not contain peanuts, a food to which she was allergic. After feeling unwell, she asked to be taken to a hospital but tragically passed away despite receiving CPR at the scene.

Russia’s foreign ministry confirmed Sunday that Assad resigned from his position and left Syria, instructing the government to ensure a peaceful transfer of power, as mentioned in a report by Forbes. According to Moscow, Assad engaged in discussions with various factions involved in the conflict before making the decision to step down.

Chinmoy Krishna Das on the court premises in Chittagong, according to a media report. The Dhaka Tribune newspaper said the case names the Hindu leader, arrested on a charge of sedition, as the prime accused, along with 164 identified individuals and 400 to 500 unidentified people. The complaint was filed by Enamul Haque, a businessman and activist of Hefazat-e-Islam Bangladesh, in the court of Chittagong Metropolitan Magistrate Md Abu Bakar Siddique. Haque in his complaint alleged that he was attacked by followers of Chinmoy Krishna Das while returning home after completing land registry work at the court on November 26.

Myntra posted a net profit in FY24 from a net loss a year ago. This turnaround was driven by increased revenue and a reduction in overall expenses. The Bengaluru-based company reported a net profit of Rs 31 crore for fiscal year 2024, a significant improvement from the net loss of Rs 782 crore in the previous year. Operating revenue grew by 15% to Rs 5,122 crore from Rs 4,465 crore, per regulatory filings. Myntra, which entered quick commerce last week, has been working on reducing the cost of returns which has played a key role in reducing losses. Returns represent a significant expense for fashion businesses, where return rates typically range from 30-40%. The company has been discouraging returns by offering discounts and other benefits.

Ashwini Vaishnaw on Sunday said the Railways would run about 13,000 trains, including 3,000 special ones, for the convenience of devotees during the Maha Kumbh. The Union minister, who reached Prayagraj by train from Varanasi to review the Railways' preparations for the mega event, expects about 1.5 to 2 crore passengers to reach the city by train during the mela. The Maha Kumbh will commence on January 13 on the occasion of Paush Purnima and conclude on February 26 on Mahashivratri.

This thrilling clash promises to showcase intense competition as both teams strive to secure their positions in the division standings. The Chiefs, leading the AFC West, come into the game with strong momentum following a narrow 19-17 victory over the Las Vegas Raiders.

Subscribe to enjoy similar stories. Anant Goenka, vice-chairman of RPG Group, recalls a chance meeting with an HSBC banker during a flight from Delhi to Mumbai some six months ago, which sparked the conglomerate's interest in acquiring Michelin's off-highway tyres and tracks business. In the next 4-6 months, Ceat faced a brief process as it had to navigate competing interests from Indian and Chinese tyre manufacturers that were also pursuing Camso.

Subscribe to enjoy similar stories. Wall Street is grappling with whether another year of robust gains is possible for a stock market that is looking precariously expensive. The S&P 500 has surged 28% in 2024 and is on pace for back-to-back annual jumps of more than 20% for the first time since a four-year stretch that ended in 1998.