Reports Financial News

business leadership was defined by managers who ruled enterprises top-down. Shaped by the world wars and the Great Depression, leadership in enterprises was defined by an almost militaristic control established through stringent rules and dictums. A 21st-century leader, on the other hand, is empathetic, and visionary, and leads by inspiring their teams to achieve a common vision, rather than forcing them to work until they drop. The backlash following EY employee Anna Sebastian Perayil's death has highlighted how corporate India's conditions can be deemed, in many cases, as being 'inhumane'. Such conditions call attention to how Indian employees are among the most overworked in  the world. It underlines two key questions: Are Indian workplaces desirable?

Hamas infrastructure and a militant operating in the area of the central Nuseirat refugee camp, and in Lebanon, where Israel stepped up airstrikes against Hezbollah in the northeast this week. Officials from the al-Aqsa Hospital in central Gaza said they continued to receive bodies from a barrage of Israeli airstrikes on Nuseirat camp that began overnight, leaving 21 dead, including an 18-month-old and his 10-year-old sister. Strikes on a motorcycle in Zuwaida and on a house in Deir al-Balah, also in central Gaza, on Friday killed four more people, the hospital officials said, bringing the overall toll to 25.

The Diplomat Season 2, the mastermind behind the HMS Courageous attack is revealed as none other than U.S. Vice President Grace Penn. The season unpacks layers of conspiracy, uncovering that the British far-right politician Lenny Stendig and Parliament member Merritt Grove were also involved, with CIA operative Margaret Roylin orchestrating much of the scheme. Working alongside Russian mercenary Roman Lenkov, this group launched a false-flag operation intending minor damage, but a supply issue led to using a powerful submarine missile, which caused more destruction than anticipated. The revelation positions Vice President Penn at the helm of a plan aimed at hindering Scotland’s independence, emphasizing a hidden motive—preserving Creagan, a vital U.S. nuclear base in Scotland.

Amazon is leading a rally for U.S. stock indexes, while a surprisingly weak jobs report marred by some unusual occurrences is cementing bets on Wall Street for another cut to interest rates next week

Exxon Mobil’s third-quarter profit beat analysts’ expectations, as the oil and gas giant was helped by contributions from Pioneer Natural Resources, a recent acquisition

As part of a sweeping two-year investigation into prison labor, The Associated Press found that correctional staff nationwide have been accused of using inmate work assignments to sexually abuse incarcerated women, luring them to isolated spots, out of...

As part of a sweeping two-year investigation into prison labor, The Associated Press found that correctional staff nationwide have been accused of using inmate work assignments to sexually abuse incarcerated women, luring them to isolated spots, out of...

The third quarter has been a real thorn in the side of the Bank of Canada when it comes to trying to pin down gross domestic product, and the latest data is only causing policymakers more grief.

Donald Trump’s recent rally at New York City’s Madison Square Garden, with some claims suggesting attendance reached nearly 200,000. An Oct. 27 Facebook post, shared by multiple users and platforms, including Instagram and X (formerly Twitter), claimed that the rally had “almost 200,000 people” in attendance. However, official figures and venue capacity statistics tell a different story, as per a report by USA Today.

Billy LeBlanc, a well-known YouTuber and the face of the Bratayley family channel, shared the tragic news of his girlfriend’s passing in July. In a heartfelt Instagram post, he opened up about his grief. His partner, Natalie Clark, sadly lost her life due to a serious infection from Vibrio Vulnificus, reportedly contracted after eating raw oysters. While Billy endured eight painful days in the ICU to recover, Natalie’s battle was tragically cut short. «We ate oysters, felt unwell for a few days, and then I woke up to find she was gone,» he shared somberly. “I’m sure none of you know, but I recently almost died. I was in the hospital for 12 days. Unfortunately, Natalie didn’t make it, and she passed away. I will always remember how we got lost everywhere together. I will always love her and miss her. Be safe and hold your loved ones tight; you never know when it’ll be the last time you see them,” he wrote on Instagram. He further wrote, “We both got Vibrio Vulnificus from raw oysters." Here’s all you need to know about this deadly infection.

Maruti Suzuki India and Hyundai reported muted sales performance in October as the companies curtailed dispatches to dealers in order to cut inventory build up. The country's largest carmaker Maruti Suzuki India (MSI) said its total domestic passenger vehicle wholesales were at 1,59,591 units last month compared with 1,68,047 units in the year-ago month, a decline of 5 per cent. The company, however, reported its highest-ever monthly sales, including exports, in October at 2,06,434 units, a 4 per cent year-on-year growth over the same month last year. MSI Senior Executive Officer (Marketing and Sales) Partho Banerjee said the company saw its highest-ever retail sales in an October.

Shiv Sena (UBT) MP Arvind Sawant for allegedly referring to her as «imported maal» and thereby «insulting» her. Based on her complaint, the police registered a case against Sawant, who represents the Mumbai South Lok Sabha constituency, on the charge of insulting the modesty of a woman, an official said. Shaina said his remark shows the mentality of the Uddhav Thackeray-led party, while Sawant said his words have been «misinterpreted» by her. Shaina, who was earlier with the Bharatiya Janata Party (BJP), joined Chief Minister Eknath Shinde-led Shiv Sena recently. She is contesting the November 20 assembly election from the Mumbadevi constituency in Mumbai. She is pitted against Amin Patel of congress from the constituency. Speaking to reporters, she showed a video clip of Sawant's comment that imported maal will not work in Mumbadevi. «Calling a professional and a political worker of 20 years a 'maal' shows the mentality of Shiv Sena (UBT). Why are Uddhav Thackeray, Sharad Pawar, Nana Patole silent?» she asked.

FOX Business Stuart Varney examined why most Americans are unhappy with their financial position as the U.S. economy thrives.

Growth in the Canadian economy remained unchanged in August, putting gross domestic product on track to grow at an annualized rate of just one per cent in the third quarter, Statistics Canada said on Thursday, paving the way for another cut by the Bank of Canada in December.

Pierre Poilievre says Canada is broken. Polls say 70 per cent of Canadians agree. But what does that claim really mean?

Subscribe to enjoy similar stories. Like its big tech rivals, Amazon.com is spending a king’s ransom on artificial intelligence. Unlike them, it also has plenty of customers dropping money on toothpaste and razorblades.

Subscribe to enjoy similar stories. New Delhi: Apple on Friday logged an estimated $3.75-4 billion in India revenue in July-September, its highest quarterly sales in the country and the 10th straight three-month period when the iPhone maker's quarterly revenue has been higher year-on-year in the world's fifth-largest economy. In July-September of 2023, Apple's India revenue was estimated at $2.5 billion.

India reported a 5.5% growth in iron-ore output at 135 million tonnes (MT) for the first half of the current financial year 2024-25. The country produced 128 MT iron-ore in the same months of the previous fiscal. Manganese ore production also rose by 6.2% to 1.7 MMT in fiscal 2024-25 from 1.6 MMT during the corresponding period of previous year. India also reported higher coal output during October 2024. Among non-ferrous metals, primary aluminium production in the months under review rose 1.2% over the corresponding period last year, increasing to 20.90 lakh ton (LT) during fiscal 2024-25. Refined copper production grew by 4.6% from 2.39 LT to 2.50 LT. According to the Mines Ministry, India is the second largest aluminium producer, among top 10 refined copper producers and fourth largest iron ore producer in the world. “These growth trends point towards continued strong economic activity in user sectors such as energy, infrastructure, construction, automotive and machinery,” a Mines Ministry statement said.

Adani Power Jharkhand Limited (APJL), a wholly-owned subsidiary of Adani Power, has stopped half of its power supply to Bangladesh because of outstanding bills of USD 846 million, according to a local media report on Friday. Data from Power Grid Bangladesh PLC showed the Adani plant reduced supply on Thursday night, The Daily Star newspaper said. Bangladesh reported a shortfall of more than 1,600 megawatts (MW) on the intervening night of Thursday and Friday as the 1,496 MW plant is now producing 700 MW from a single unit, the newspaper reported. Earlier, the Adani company wrote to the power secretary asking the Bangladesh Power Development Board (PDB) to clear its outstanding dues by October 30.

Social media major Meta's advertisement unit, Facebook India Online Services, has posted a 43% growth in profit to Rs 504.9 crore in the financial year ended on March 31, 2024, according to documents shared by Tofler. The company had posted a profit of Rs 352.91 crore in FY2023. Facebook India Online Services Private Limited is engaged in the business of selling advertising inventory to customers in India and providing IT-enabled support services and design support services to Meta Platforms Inc. The company reported a 9.33% increase in turnover to Rs 3,034.82 crore in FY24 against Rs 2,775.78 crore in FY23.

Subscribe to enjoy similar stories. Mumbai: India's ambulance sector is seeing an upgrade with several start-ups and the state government not just working to address the deficit but also upgrading it by launching advanced ambulances. For instance, Maharashtra’s hinterland is set to get a key medical upgrade with the state government partnering with Sumeet-SSG—a joint venture between Pune-based Sumeet Group Enterprises’s and Spanish emergency transport provider SSG Matrix—to deploy a fleet of 1,756 advanced ambulances.