Reports Financial News

Birla Corporation, Borosil Renewables, Honasa Consumer and Poonawalla Fincorp, report losses on a year-on-year (YoY) basis. Interglobe Aviation, which runs IndiGo airline, reported a loss of Rs 987 crore in Q2 vs a profit of Rs 189 crore in the corresponding quarter of the previous year. Similarly, Poonawalla Fincorp came up with Rs 471 crore loss as against a profit of Rs 855 crore in Q2 of FY24.

The Redmi Note 14 series is gearing up for its grand launch in India on December 9, with a strong emphasis on its 'Super Camera and Super AI' features. As the successor to the Redmi Note 13 series, this mid-range lineup has already debuted in China and is now preparing for its global release. The series is expected to offer three models: Redmi Note 14, Redmi Note 14 Pro, and Redmi Note 14 Pro Plus. The pricing of the Redmi Note 14 series has been a buzzworthy topic among tech enthusiasts. Tipster Abhishek Yadav has revealed variant-specific prices for all three models. Here's a closer look at the details.

The statement followed reports about «Salt Typhoon,» a Chinese-linked cyberespionage operation targeting U.S. telecommunications firms. T-Mobile Chief Security Officer Jeff Simon said in a blog on the company's website Wednesday that the company detected attacks from an unnamed «wireline provider's network that was connected to ours.»

buy call on JSW Energy with a target price of Rs 810. The current market price of JSW Energy is Rs 657.05. JSW Energy, incorporated in 1994, is a Mid Cap company with a market cap of Rs 114898.30 crore, operating in the Power sector. JSW Energy, key products/revenue segments include Power, Power Generation, Sale of services, Sale of Products, Interest, Other Operating Revenue for the year ending 31-Mar-2024.

Erik Solheim, former Executive Director of the UN Environment Programme, has strongly criticised the US government's recent report accusing individuals connected to the Adani Group of discussing bribes to secure solar energy contracts in India. The report has sparked global debate, and Solheim has labelled it a clear case of «American overreach.» He further questioned, «When will American overreach stop?» as he addressed the media coverage of the case. The US report alleges that certain Adani Group-linked individuals had discussed bribes to secure contracts. However, Solheim pointed out that these claims lack substantive evidence of actual bribe payments or involvement from top Adani leaders. Solheim added that such actions by the US government could not only undermine India's energy transition but also harm one of its largest economic drivers.

earthquake of magnitude 3.8 jolted Nagaland's Kiphire on Thursday, as reported by the National Centre for Seismology. According to the NCS, the tremor was recorded at around 7:22 am on Thursday and was centred around the Kiphire region at a depth of 65 km. «EQ of M: 3.8, On: 28/11/2024 07:22:58 IST, Lat: 25.62 N, Long: 94.90 E, Depth: 65 Km, Location: Kiphire, Nagaland,» National Centre for Seismology posted on X.

Devendra Fadnavis is widely expected to be sworn in as Maharashtra's next Chief Minister following a green signal from the BJP central leadership. After Shinde's resignation on November 26, it cleared the path for a Fadnavis-led government. The Maharashtra Governor had requested Shinde to continue as caretaker chief minister until the new government is formed. The swearing-in ceremony is scheduled for December 2 at Mumbai’s iconic Shivaji Park, with an elaborate event planned by the BJP, featuring dignitaries and religious leaders.

Ashton Kutcher is maintaining a low profile as public scrutiny grows over his past friendship with Sean ‘Diddy’ Combs. The rapper is at the centre of a legal storm involving multiple lawsuits alleging racketeering, sex trafficking, and other serious crimes. The actor was recently photographed hiking with a friend in Los Angeles, where he appeared deep in conversation and visibly concerned, avoiding smiles or engagement with cameras. Dressed casually in a grey sweater, light-wash jeans, a baseball cap, sunglasses, and sneakers, the 46-year-old carried a water canteen as he walked along a trail. This sighting follows a wave of public speculation about his potential involvement or testimony related to Combs’ controversial past.

Defence Ministry said on Wednesday its forces had taken control of the settlement of Nova Illinka, close to the embattled Donetsk region town of Kurakhove in eastern Ukraine. Ukraine's military made no mention of Nova Illinka in its daily dispatches. The town lies on the opposite bank of a reservoir from Kurakhove, one of the focal points of a steady advance through Donetsk region by Russian forces. But Deep State, a popular Ukrainian blog tracking the movements of the armed forces, said more than a week ago that Nova Illinka had fallen into Russian hands.

Maharashtra CM LIVE updates: Amid speculations of whether Devendra Fadnavis would be the next Maharashtra Chief Minister, the state's caretaker PM Eknath Shinde said he “fully supports" BJP's decision in the matter.Despite the Mahayuti's landslide victory, the BJP has remained silent on the announcement of the next Chief Minister. However, the party is reportedly under pressure from its MLAs, many of whom are advocating for the Chief Minister to be from the BJP.

Subscribe to enjoy similar stories. New Delhi: The Andhra Pradesh government has granted a second extension to Adani Green Energy Ltd for supplying renewable power after the company missed two earlier deadlines citing transmission unavailability, said three people aware of the development. Adani Green’s original deadline of March was extended to September.

Life Insurance Corporation of India is in discussions to acquire as much as half the stake in ManipalCigna Health Insurance, as the country's largest insurer seeks an entry into the fast-growing, yet underserved, market for medical expenses coverage, people familiar with the matter said. ManipalCigna is a joint venture between Manipal Education & Medical Group and US-based Cigna Corporation.

Barron's market reporter Jacob Sonenshine discusses the impact President-elect Trump's tariffs could have on the U.S. economy on ‘Varney & Co.’

Making Money Charles Payne discusses the return of animal spirits since Trump won the election.

The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its initial estimate of third-quarter growth

Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has stalled

Scott O'Neil is set to become the next CEO of Saudi-funded LIV Golf

Two neighbors of a Kentucky plant that was the site of a massive explosion are suing the company

The number of Americans applying for unemployment benefits fell last week, remaining near seven-month lows

Ryan Garcia wants to fight Jake Paul. This comes after Youtuber-turned-boxer defeated Mike Tyson. Garcia, who was suspended due to banned substance, has said that it would huge if he fights Jake Paul. Banned boxer Ryan Garcia is to fight in Japan on New Year's Eve, organisers said Wednesday, but the American's management immediately cast doubt on whether the exhibition bout would take place. Garcia is serving a one-year ban imposed by the New York State Athletic Commission after failing a drug test before his welterweight victory over Devin Haney in April, which was subsequently declared a no-contest.

Mediation between Canada Post and its postal workers has been temporarily suspended by the special federal mediator, as the parties “remain too far apart,” the federal labour minister said Wednesday as the nationwide mail strike reaches its thirteenth day.