Reports Financial News
18.11 / 19:53
security
Boeing
wellness
country
reports
Department
strain
Boeing layoffs so far total nearly 2,200 workers in Washington state
Boeing has so far laid off 2,199 workers in Washington, among job cuts that will eventually total about 17,000 across the company
18.11 / 19:53
Digital
Warner Bros
Basketball
show
reports
ESPN
rights
Sporting
'Inside the NBA' will air on ESPN and ABC as part of settlement with NBA
“Inside the NBA” will continue, even though even though games will no longer be airing on TNT at the end of this season
18.11 / 19:19
markets
Digital
Strategy
Experts
PAM
exclusive
reports
General Atlantic set to leave House of Anita Dongre
House of Anita Dongre (HOADPL) is initiating a buyback of its nearly 40% stake from US private equity firm General Atlantic (GA), executives aware of the development said. GA had acquired the stake in the owner of brands such as AND and Global Desi in the women's wear category about nine years ago. According to reports then, the PE firm had invested nearly ₹150 crore in Dongre's company in 2015. «There is continued uncertainty over recovery in revenue and earnings in the coming quarters due to weak demand growth outlook and reduction in Anita Dongre's scale of operations,» rating agency ICRA said in a January report on HOADPL. The report expects the company's revenue to decline to ₹500-₹550 crore in FY24 and FY25, from ₹606 crore in FY23, with an annual operating profit margin of 19-20%. The company is yet to file its FY24 earnings. A fashion retail veteran said brands like AND and Global Desi went from premium to mass and discounted heavily on online channels. «The product was reengineered as a result and lost its lustre in the process. Profit margins in the fashion industry should be robust so that it can be reinvested in the brand,» the person said.
18.11 / 18:31
markets
Racing
Strategy
President
Experts
PAM
reports
Joe Biden responsible for Kamala Harris's loss, says poll pundit Nate Silver even though he calls her a mediocre candidate
US President Joe Biden for undermining US Vice President Kamala Harris's Presidential campaign after he dropped out of the US Presidential race in July, reported Huffpost. In a blog post on FiveThirtyEight, Nate Silver noted that Joe Biden assigned Kamala Harris pretty challenging tasks related to the US border and US voting rights while disrupting her campaign schedule which he eventually described as detrimental to her messaging. According to Huffpost, Nate Silver also pointed out that even as Joe Biden's internal polling indicated he was losing significantly in the US Presidential Election, at the same time, the White House reportedly suggested to reporters that Kamala Harris was a far weaker candidate than Joe Biden. Also Read: Cancer-stricken King Charles unable to control his son Prince William and brother Prince Andrew; here's what reports say
18.11 / 18:01
markets
Digital
Williams
Duke
Experts
reports
Interviews
Cancer-stricken King Charles unable to control his son Prince William and brother Prince Andrew; here's what reports say
Prince William's insult to ailing King Charles exposed that self-interest is triumphant. Without cunning sons, cunning fathers, cunning uncles, brothers, friends, dukes, earls, French cousins, and some queens' Machiavellian boyfriends vying for control of the throne, British royal history would be incomplete. However, witnessing it firsthand is a completely different matter, as quoted in a report by The New York Post. Only this week has Prince William gone out and done a significant new interview regarding his style of governance, effectively throwing his beloved father, King Charles, under a London bus and implying that his reign is a bit of a farce.
18.11 / 18:01
markets
Digital
President
country
reports
International
G20: Joe Biden pledges record $4 billion to World Bank fund for poorest countries
International Development Association fund for the world's poorest countries, two sources with knowledge of the commitment said on Monday. Biden announced the U.S. pledge during a closed session of the Group of 20 summit in Rio de Janeiro, according to the sources, who spoke on condition of anonymity. The amount is a record and substantially exceeds the $3.5 billion Washington committed in the previous IDA fund replenishment round in December 2021. A White House spokesperson in Washington declined comment on the World Bank's IDA replenishment.
18.11 / 18:01
Citizens
Action
stage
reports
prevention
Courts
Traffic
Delhi’s Air Crisis: A slow murder, Season 2 – Why waiting for a 'firefighter' isn’t enough
Air Quality Management (CAQM) for 'delays' in enforcing GRAP (Graded Response Action Plan) measures, and ruled that Stage 4 restrictions will remain in place until further orders. It reminded stakeholders that it is the constitutional obligation of the executive to ensure that citizens live in a pollution-free environment.
18.11 / 17:39
18.11 / 17:39
Provident
Gap
awards
WhatsApp
reports
recommendations
Finance Commission open to view alternate index for devolution to states: Chairman Arvind Panagariya
Finance Commission is open to considering alternate index for devolution of funds to states with regard to natural calamities and state-specific issues, Chairman of the 16th Finance Commission Arvind Panagariya said here on Monday. The problems arising due to natural disasters were beginning to get more and more acute, he said and pointed out that the 15th Finance Commission has recommended partial devolution of funds. «The Commission is very much open to looking at alternate ways of measuring disaster relief, provided we can do it across all the states. The index has to be transparent and acceptable,» Panagariya told reporters after a long session with the Tamil Nadu government earlier in the day. Apart from Tamil Nadu, states like Himachal Pradesh which the Finance Commission had consulted, put forth a similar view. «Let me look into it if any particular type of disaster is not included,» the Chairman said.
18.11 / 17:39
markets
Platform
Food
pandemic
electronic
reports
International
Marks Spencer scales back its home decor business in India
Subscribe to enjoy similar stories. British retailer Marks & Spencer is scaling back its home decor business in India, removing home linen, home decor, and dinnerware from store shelves. The retailer is prioritizing core categories like apparel.
18.11 / 17:39
markets
Blockchain
Digital
Photos
Experts
reports
Features
Melania Trump to continue this controversial business venture when she enters the White House? Here's what it is and why it is contentious
Melania Trump is continuing this contentious business endeavour and won't be slowing down anytime soon, despite Donald Trump returning to the White House. A limited-edition photo series titled ‘On the Move,’ which features Melania in a variety of professional settings, was released earlier this week. The 16 digital photos that she is selling on the blockchain feature her in her office, on the campaign trail, and in other locations, as quoted in a report by SheKnows. It’s being sold on her website for nearly $200 and is being sold on Solana blockchain, which is an eco-friendly proof-of-state blockchain protocol, per Fox News via MSN.
18.11 / 15:37
security
Apple
stage
track
reports
prevention
Features
Apple’s next-gen AirTag leaks: Better range, connectivity, and security expected in 2025
second-generation AirTag is anticipated to feature an enhanced wireless chip, improving connectivity and making the device faster and more precise when paired with Apple products. According to the report, its range is also expected to increase, enhancing greater reliability in locating items.In terms of privacy and security, this new device will likely overcome the issues in the first generation of the AirTag.
18.11 / 15:35
markets
UPS
Citi
MicroStrategy
Bitcoin
show
reports
Posthaste: These two cities are at risk of sharp rise in mortgage arrears
Canadians have shown “remarkable housing resilience” during the rapid rise in interest rates, but significant risks lie ahead, warns the nation’s housing agency.
18.11 / 14:51
markets
Digital
Platform
Experts
PAM
reports
Ecommerce giants record Rs 11,621 crore in combined ad revenue in FY24
Amazon Seller Services and Flipkart Internet, experienced robust growth in the fiscal year ending March 2024, reaching a combined total of Rs 11,621 crore. This marks an impressive 33% increase from the previous fiscal year’s Rs 8,705 crore, according to regulatory filings by both companies. Amazon Seller Services, the Indian marketplace arm of the global e-commerce giant Amazon, reported a substantial 24% increase in revenue from «other marketplace-related services,» amounting to Rs 6,649 crore—a notable rise from Rs 5,380 crore in the previous fiscal year. The «other marketplace-related services» category primarily comprises income from advertising, which is recognised based on clicks or impressions delivered to users.
18.11 / 14:51
markets
Digital
Deloitte
Healthcare
Experts
hospital
reports
Cybersecurity in healthcare to grow from reactive to proactive measures
healthcare industry is expected to step up spending on cybersecurity, with hospitals currently allocating 8–10% of their IT budgets for hiring experts and deploying tools to prevent cyberattacks. According to a Deloitte India analysis, this will increase to 12–15% in the next two years– from a reactive to a proactive cybersecurity readiness. Unlike the financial services sector, healthcare has been slower in adopting digital technologies. However, recent data breaches and rising cyber threats have prompted large hospital chains and their board members to prioritise patient data protection highlighted the ‘Cyber Resilience in Hospitals’ report by Deloitte and the Data Security Council of India (DSCI). While the Indian healthcare system is valued at $66 billion and projected to surpass $100 billion by 2027 cyber readiness and digital infrastructure needs to be developed. Nearly 60% of healthcare organisations globally suffered a cyberattack in 2023, according to a study by Sophos, earlier reported by ET. This includes India's top institutions such as the All India Institute of Medical Sciences (AIIMS) and the Indian Council of Medical Research (ICMR) wherein the personal data of over 81.5 million Indians was compromised and found for sale on the dark web.
18.11 / 14:51
markets
BLOCK
Manufacturing
security
Trade
Experts
reports
BofA sells 18 lakh shares worth Rs 62 crore in this smallcap stock via block deal
Tilaknagar Industries for Rs 62 crore via a block deal while Societe Generale was the buyer. BofA sold shares at a price of Rs 338.65 apiece which was marginally lower than the previous closing price of Rs 339.30 on the BSE.
18.11 / 14:51
markets
Digital
Platform
film
Experts
social
reports
Sabarmati Report: After PM Modi, Amit Shah praises film on Godhra train tragedy; TMC attacks
Sabarmati Report starring Vikrant Massey released in the theatres and a day after PM Narendra Modi praised it, Union Ministers Amit Shah and Ashwini Vaishnav followed suit on Monday. In a wave of support, praise as well as criticism, social media platform X remained divided over the film as voices from both spectrums flooded it. The BJP leaders took to X to voice their review of the film, as TMC leader Sagarika Ghose and supporters pounced on the action to attack the saffron party over it. “No matter how hard a powerful ecosystem tries, it cannot keep the truth hidden in darkness forever. The film #SabarmatiReport defies the ecosystem with unparalleled courage and exposes the truth behind the fateful episode to broad daylight,” wrote Union Home Minister Amit Shah.
18.11 / 14:51
markets
Google
Election
President
PAM
reports
US government shutdown deadline date is nearing. Does Donald Trump have a role to play?
Lawmakers face a December 20 deadline either to adopt a budget or to pass a so-called continuing resolution to keep federal agencies operating temporarily. A failure to act would mean governmental paralysis, AFP reported. The Congress, which has been in recess for more than a month because of the national elections, returns on Tuesday. Newly elected members are not sworn in until January.
18.11 / 14:29
Apple
Software
Gemini
President
exclusive
reports
Updates
Gemini AI delayed for iPhone users amid Apple-OpenAI partnership exclusivity: Report
Mark Gurman, Apple Intelligence – the company’s AI suite – is not likely to integrate ChatGPT when it rolls out globally in December. Notably, Gurman speculates that Apple’s delay in incorporating Gemini into its AI ecosystem could be intentional, allowing OpenAI an exclusive operational window.According to the media reports, this development follows earlier announcements at Apple’s Worldwide Developers Conference (WWDC) 2024, where Craig Federighi, Apple’s Senior Vice President of Software Engineering, teased the possibility of Apple Intelligence integrating with other AI models, including Gemini.
18.11 / 13:27
markets
Citi
Target
Strategy
Universities
reports
Traffic
AQI blues: What India can learn from China to curb air pollution
On Monday morning, AQI levels in the city remained dangerously high. Notable readings included 919 in Mundka, 762 in ITI Jahangirpuri, and 624 in Anand Vihar, placing these areas in the 'severe-plus' category. In Beijing, the capital of China, pollution is nearly 10 times less than in Delhi. More than a decade ago, Beijing was known as the smog capital of the world where air pollution caused thousands of deaths every year. In a decade, starting in 2013, Beijing was able to bring down its air pollution drastically with a host of measures. Can Delhi learn anything from Beijing's war on air pollution?
18.11 / 12:11
markets
Digital
Strategy
Research
band
reports
boating
Wearables shipments down 21% on year in July-Sep: IDC
wearable devices such as smartwatches, earphones and fitness bands saw a decline for the second consecutive quarter during the July-September period. According to data from market research firm IDC, shipments in the three-month period fell 20.7% year on year, with smartwatches witnessing the highest impact. ET reported on November 5 about a protracted slowdown in wearables firms over the last 12-15 months.
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