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Canada’s financial intelligence agency says it has levied a $9.2-million penalty against The Toronto-Dominion Bank for non-compliance with money laundering and terrorist financing measures as the bank also faces compliance investigations in the U.S.

Barron's senior writer Al Root discusses Tesla's market performance and automaker strategies when it comes to electric vehicles.

Bill Romanowski, the ex-NFL star, and his wife have filed for bankruptcy. This came after the Department of Justice claimed that the couple did not pay $15.5 million in «back taxes». Romanowski and his wife's move on Monday came just a day ahead of scheduled hearing, as per reports on USA Today and New York Post. Former NFL player Bill Romanowski and his wife find themselves embroiled in controversy, facing accusations of failing to pay millions in taxes dating back to before Romanowski's retirement from the NFL in 2003. The couple is further alleged to have utilized funds from their nutrition company, Nutrition53, to cover personal expenses for their family, as per reports.

U.S. Bank Wealth Management Senior Vice President Lisa Erickson analyzes stock movements, the job market and potential 'further signs of deterioration.' 

Logistics company Blue Dart Express on Thursday reported a consolidated net profit of Rs 77.78 crore for the March quarter, registering a 12% increase on the back of revenue growth. The company had reported a net profit of Rs 69.44 crore in the year-ago period. The express air integrated transportation, and distribution logistics company, declared its financial results on Thursday for the March quarter and the entire 2023-24 fiscal year at its board meeting held in Mumbai.

Dabur expects mid-single digit growth in Q4 consolidated revenues For Dabur, rural markets grew 400 basis points (bps) ahead of urban markets in the March quarter. On Thursday, the company reported a 16.2% jump in quarterly net profit to ₹350 crore, up from ₹301 crore a year earlier. Revenue in the three months through March stood at ₹2,815 crore, up 5.1% from a year earlier.

Mint finds out. They are a regular occurrence in India between November and June due to a rise in temperatures. The presence of a huge quantity of dry leaves acts as a catalyst but in 95% of the cases, fires are man-made.

Mint has reviewed a copy of the mail. As per the airline's latest annual report for 2022-2023, the total staff strength of IndiGo was 32,407 employees. "We started our path to recovery in the second half of the year 2022 and since then we demonstrated solid and strong performance," the airline said in the mail, adding that it became a net worth positive company with its October-December 2023 results and the recent wide-body aircraft order is further support for a robust future.

Bajaj Finance to resume sanctioning and disbursal of new loans under its two lending products – eCOM and Insta EMI Card. The development came mere days after the company indicated its compliance and formally sought a review from the RBI. “We wish to inform that the RBI, vide its letter dated 2 May 2024, based on the remedial actions taken by the Company, has conveyed its decision of lifting the said restrictions on eCOM and online digital ‘Insta EMI Card’, with immediate effect," Bajaj Finance said in a regulatory filing on Thursday.

Carlyle Group is mulling sale of its 2% stake in YES Bank via blockdeal. The size of the deal is estimated at Rs 1,500 crore and the block deal is expected on Friday. Goldman Sachs is said to be the broker to the deal, CNBC TV18 reported citing its sources.

K-pop report, Min Hee-Jin, the CEO of the Korean agency ADOR, has requested the management to terminate the contracts of the members of the K-pop girl group New Jeans without interference from HYBE. This development comes after Min Heejin had a massive fallout with HYBE after rumours of her trying to take over ADOR went viral online. ADOR, which is a sub-label of the K-Pop giant HYBE, earlier launched an audit of ADOR to hold Heejin accountable. Traditionally, decisions concerning the exclusive contracts of prominent artists are made during shareholders' meetings. Previously, artists like BTS and BLACKPINK have announced the renewal of their exclusive contracts with statements such as «The board meeting approved the renewal of the members' exclusive contracts» and «The board passed a resolution to renew the group's exclusive contract.»

Karnataka government on Thursday issued a lookout notice for the suspended JD(S) leader. Prajwal’s counsel has requested seven days’ time for the MP to appear before SIT since he is out of Bengaluru. While the Congress has mounted a big attack on the BJP which is in poll alliance with the JD(S), Amit Shah, the Union home minister, countered the allegations, stressing the BJP's position against crimes committed against women. Shah questioned the Congress-led government's failure to take action in Karnataka before the allegations came to light. The Revanna effect on Lok Sabha polls Elections in the South Karnataka which is dominated by the Vokkaliga community the Gowda family belongs to are already over in the previous phase. Now constituencies in the Central and North Karnataka will go to polls on May 7. The BJP has accused the Congress govenrment of holding back on the Revanna scandal till polls on the Vokkaliga-dominated seats were over, fearing the community's anger against the Congress govenrment and its impact on the polls.

In the firm's latest assessment of value report, the Aviva Investors Corporate Bond, Distribution and UK Smaller Companies funds received the lowest score for value, mostly driven by underperformance, as they scored positively in all other categories. As a result, the board of Aviva Investors decided to make some changes to the £3.1bn Corporate Bond fund, as it was found to not provide value to investors for the second year in a row. The strategy, launched in 1998 and managed by James Vokins since June 2016, has underperformed the IA Sterling Corporate Bond sector over a one, three an...

The Hollywood blockbuster Titanic is known for many things, including an emotionally charged film set, a ballooning budget and nearly a dozen Oscar wins after it was released in 1997.

Coforge reported a marginally smaller-than-expected fourth-quarter revenue on Thursday amid overall tepid tech spending from clients. India's $254 billion IT sector has been struggling in recent quarters as clients cut spending on non-essential projects. Macro headwinds and high-inflation environment have made clients look at contracts that cut down their existing costs.

MUMBAI : When Freshworks Inc. first brought in Dennis Woodside as its president in September 2022, there were already murmurs on whether founder and chief executive Girish Mathrubootham would be stepping aside. A former CEO of Motorola Mobility and chief operating officer of Dropbox, Woodside, 55, was already a known name among Silicon Valley investors and the analyst community.

Coal India Q4 Results: Coal India (CIL) announced its January-March quarter results for fiscal 2023-24 (FY24) on Thursday, May 2, reporting a rise of 26 per cent to ₹8,640.5 crore, compared to ₹6,869.5 crore in the corresponding period last year. The increase in profit was attributed to cost efficiency and benefits from changes in accounting for stripping activities for open-cast mining.

SpaceX, the parent company of Starlink, had sent emails last month to customers in various African nations indicating that roaming service would be restricted in regions where it was illegal to operate. Despite this, Adam Mohamed, a resident of El-Fasher in conflict-stricken Sudan, was able to conduct an interview with the wire via a Starlink connection on Wednesday.

Initial claims for state unemployment benefits were unchanged at a seasonally adjusted 208,000 for the week ended April 27, the Labor Department said on Thursday.

Revenue from operations during the January-March 2024 period declined 2% year-on-year to Rs 37,410 crore. The same stood at Rs 38,152 crore in the corresponding period of last year.

Ventura Securities has initiated coverage on VIP Industries with a Buy rating and has recommended a price target of Rs 741 with a 24-month view. The target price signals an upside potential of nearly 35% from the current market price of Rs 551. “Over FY23-27, we are expecting the company’s revenue/ EBITDA/ net earnings to grow at a CAGR of 14.6%/16.4%/18.5% to Rs 3,593 crore/Rs 581 crore/Rs 300 crore, respectively, while EBITDA and net margins are expected to improve by 96 bps to 16.2% and 105 bps to 8.4%, respectively. Return ratios – RoE and RoIC – are expected to improve by 694 bps to 30.7% and 2647 bps to 58.3% by FY27,” the brokerage report states.