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telecom equipment maker Nokia said on Thursday it had signed a 5G patent agreement with one of China's leading smartphone makers Honor, but its legal battles with other Chinese companies over patents continue. Nokia, once the world's number one mobile phone maker, holds a significant patent portfolio of some key technologies needed in phone manufacturing and the resulting licensing revenue represented 39% of operating profit in 2022.

Grasim Industries Ltd on Thursday said it will issue shares on a rights basis at Rs 1,812 per share and has set January 10 as the record date to determine eligible holders for the same. On October 16, 2023, the company received the board’s approval to raise Rs 4,000 crore through the rights issue of shares. Grasim will issue 2,20,73,935 equity shares on a rights basis, the company said in an exchange filing. Unit holders will get 6 rights shares for every 179 fully paid-up equity shares of the company held by them, as on the record date.

“Transition finance” is shaping up to be one of the new year’s most important subjects for anyone professing to care about the climate crisis.

Ringing in a new year comes with a lot of planning, preparation – and dread. 

Mukesh Ambani's Reliance Industries and Walt Disney have appointed law firms and started antitrust due diligence of their planned Indian media and entertainment merger, four people familiar with the matter said. Reliance has appointed Indian law firm Khaitan & Co and Shardul Amarchand Mangaldas, while Disney has roped in AZB & Partners, the people said. The appointments are the latest sign of progress as Reliance and Disney, which each have a major streaming service as well as 120 television channels between them, look at merging into an entity to create an entertainment superpower in the world's most populous nation. Ambani's group is expected to have a majority stake in the entity. A fifth source said senior Disney executives from Burbank headquarters and top Reliance officials from Mumbai travelled to London in late December and signed a non-binding term sheet on the deal. Disney declined to comment and Reliance did not respond to Reuters queries.

Rajat Rajgarhia, Director, Motilal Oswal Financial Services, says “one thing that we got taught last year was that while top-down, India is very good, the opportunities on the bottom-up are fantastic. If you pick the right sectors, right stocks, there are many compounders, there are many large ones in the making and that is where the effort is mainly focussed upon which is what last year's index was 20%, but the broader market were a lot larger. I do not see that pattern changing, neither this year, nor for the next few years to come.” 2023 was like a great year, it may not repeat itself. So, what should be the basic approach for 2024 — capital preservation or appreciation? Rajat Rajgarhia: When you look at equities as an asset class, you always want appreciation. And if you look at the index as a year, for the year last year, we were up about 18-20%.

Go First establishes company with former employees to liaison with lessors amid resolution process The appointments are the latest sign of progress as Reliance and Disney, which each have a major streaming service as well as 120 television channels between them, look at merging into an entity to create an entertainment superpower in the world's most populous nation. Ambani's group is expected to have a majority stake in the entity. A fifth source said senior Disney executives from Burbank headquarters and top Reliance officials from Mumbai travelled to London in late December and signed a non-binding term sheet on the deal.

South Korea’s Financial Services Commission (FSC) has announced a proposal to amend its Enforcement Decree of the Credit-Specialized Financial Business Act, aiming to ban crypto purchases with credit cards.

Gurpatwant Singh Pannun, a Khalistani terrorist. As reported by ANI, the petition sought consular access, legal aid, and updates on the ongoing extradition proceedings in the Czech Republic. A bench of Justices Sanjiv Khanna and Dipankar Datta said it's a “sensitive" matter and it is for the Central government to take a call if it wants to intervene on the issue.

NOT LONG ago, as interest rates in the rich world hovered near zero, economists debated whether their downward march was the product of a decades-, centuries- or millennia-long trend. Now the burning question is how long they will stay high. On October 18th the ten-year Treasury yield, which incorporates long-term expectations for interest rates and was below 1% as recently as 2021, hit 4.9%, its highest since 2007.

retirement. Your office colleagues have given you the mementos and the farewell party has been done. You now have no reason to get up early and reach the office on time.

Times of India, Muizzu said that if India did not withdraw its forces it would amount to disregarding the "democratic will" of the Maldivian people and jeopardizing the future of the democracy. "Maldivian people have a very no to the idea of foreign military personnel being stationed in the Maldives. Right now, it is India that maintains such a presence in the Maldives.

₹1,254.15 in morning trade on BSE on Thursday, January 4. This came right after the stock's significant surge of nearly 11 per cent in the previous session. Sobha share price opened at ₹1,125.95 against the previous close of ₹1,116.65 and jumped over 12 per cent to hit its record high level.

Upgrad on Wednesday said that it has appointed former Tech Mahindra managing director and chief executive C P Gurnani to its board of directors. Gurnani's addition as an independent non-executive director increased the Mumbai-based startup’s board to seven members, cofounder Ronnie Screwvala told ET.

A particularly anticipated clash involves Newcastle United making their way to the Stadium of Light to face arch-rivals Sunderland. This meeting holds significance as it marks the first encounter between the two teams since the Black Cats suffered relegation from the Premier League in 2016.

By Daniel Wiessner

In the ever-evolving landscape of cryptocurrencies, where volatility is the norm, two players are currently in the spotlight of the best cheap crypto to buy right now — $MATIC and $GFOX. Investors are buzzing with anticipation as $MATIC defies market pressures, surging past the coveted $1 mark. However, the big question lingers: How will this soaring momentum stack against the intriguing contender, Galaxy Fox ($GFOX)?

Mercer Global Advisors has acquired Transitions Wealth Management, a registered investment advisor in Denver that manages $465 million in assets for more than 400 clients, the firm said Wednesday.

Adani Ports board approves raising up to ₹5,000 crore via non-convertible debentures The brokerage firm assigned the "underperform" tag for BHEL with a revised price target of ₹80, up from ₹50 previously. Despite a notable 150% rally in BHEL shares in 2023, Jefferies expressed concerns about the industry's overcapacity in a relatively subdued demand environment.

Mamata Banerjee's recent meeting with Prime Minister Narendra Modi on pending MGNREGA dues and various central schemes, two nodal officers have been appointed by the Centre and two by the Bengal government to resolve the issues. Sadvi Niranjan Jyoti, Union minister of state (MoS) rural development, who was in Kolkata on Wednesday to attend some political programmes, said, «People of West Bengal are also our own. Their rights cannot be snatched or taken away by any individual or “parivaarbaadi” (who pursues dynastic politics) people.

marriage. The divorce filing was made by Abasolo at the Los Angeles County Superior Court on Tuesday, citing «irreconcilable differences» as the reason for their separation. The couple, who had been living separately since Sunday, made the announcement through Abasolo's Instagram statement. He expressed, «After more than 4 years of marriage, Rachel and I have made the difficult decision to part ways and start anew. Sometimes loving yourself and your partner means you must let go.» Lindsay, on the other hand, has not directly addressed the matter on her social media platforms but hinted at a challenging year in a New Year's Eve post.