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Adani Power and Dickey Alternative Investment Trust to continue to operate Coastal Energen's 1,200 MW-thermal power plant till the National Company Law Appellate Tribunal (NCLAT) decided various appeals against the approval granted to the resolution plan for the debt-laden firm. However, the apex court said that the Adani-Dickey consortium, the successful resolution applicant (SRA), would not dismantle the Coastal Energen’s power plant in Tuticorin, Tamil Nadu, or create any third party rights or create any financial obligations except in the ordinary course of business. The Bench led by Chief Justice D.Y. Chandrachud said that “prima facie, we are of the view that the September 6 order (of NCLAT) suffers from internal inconsistency. The first part indicates status quo ante has to be restored and the second part shows status quo has to be maintained as on date.”

Microsoft Corp. said it is cutting 650 jobs in its Xbox unit, the third such layoffs this year as the company tries to rein in costs and integrate its massive $69 billion acquisition of Activision Blizzard Inc. The roles to be eliminated are in “mostly corporate and supporting functions,” according to a memo sent to staff by Xbox chief Phil Spencer on Thursday. “No games, devices or experiences are being cancelled and no studios are being closed as part of these adjustments today.” Xbox employees had been bracing for further reductions after Microsoft cut 1,900 jobs, many from Activision units and studios, in January. In May, the company announced the shuttering of four studios acquired as part of its $7.5 billion purchase of ZeniMax — one of which was ultimately sold instead. These steps, along with the decision to release some Xbox games on rival consoles, have angered some of the platform’s fans and left them questioning Microsoft’s commitment to building compelling exclusive content.

How to buy a 3-bedroom apartment at 2 BHK prices: Secrets of stressed properties Chasing returns: Any classic book on investing would advise you to buy low and sell high, but that’s easier said than done. There’s a pitch for a ‘defence scheme’ that says the Nifty Defence Index delivered a 206% return in the past 12 months. The eye-popping return makes for good marketing material, but investing in a theme or sector that has done well over the past three to five years is risky, as it’s probably time for the cycle to turn.

stock market. The investor, Sudheep, revealed on the platform X (formerly Twitter) that he guided his maid to open a demat account with Zerodha, which she then used to invest over Rs 1 lakh in various small and mid-cap stocks. What followed was a 30% growth in her portfolio within a month, pushing its value to Rs 1.28 lakh. However, the move has divided the internet, with some praising the empowerment and others cautioning against the risks. Sudheep’s post included a screenshot of the domestic worker’s investment portfolio, showing the exact amount she had invested—Rs 1,05,970—and the resulting increase in value. Proud of the returns, Sudheep tweeted, “I helped my maid open a demat account through Zerodha. She invested 1 lac last month. Now current value at 1.28 lacs. Empowering the non-empowered by giving them knowledge to invest.” This simple act of investment, however, turned into a contentious topic. Many online users were quick to express concerns, questioning whether Sudheep had considered the risk appetite of his domestic worker. While small and mid-cap stocks often provide high returns, they come with significant volatility, which can make them a riskier choice compared to large-cap stocks or safer investment options like mutual funds.

As per government policy, international students coming to the UK must provide evidence that they have sufficient savings to support themselves “for each month of their course (up to nine months),” according to the Home Office. Under the new rules, students coming to London will have to show evidence of having £1,483 per month, and those planning to study outside of London will need £1,136 per month.

Kareena Kapoor Khan and her husband Saif Ali Khan, director Farah Khan, Malaika’s ex-husband Arbaaz Khan, and ex-boyfriend Arjun Kapoor, were among the few who attended the event. Arbaaz Khan was spotted arriving at the event alongside his wife, Sshura Khan. Arbaaz opted for a casual look, wearing a white shirt paired with denim, while Sshura kept it comfortable in a sweatshirt and trousers. Kareena Kapoor showed up dressed in a white shirt and pants. Saif Ali Khan attended the gathering with Karisma Kapoor by his side. Various members of the Khan family were present for the final rites. Sohail Khan was seen arriving with his son, Nirvaan Khan, while his niece, Alizeh Agnihotri, also attended. Numerous other celebrities, including Sophie Choudry, arrived to pay their respects. Both were dressed in white attire. Earlier, Malaika Arora, her mother, Joyce Polycarp, and her son, Arhaan Khan, were also seen arriving for the solemn occasion.

Walking is one of the easiest forms of exercise, but have you ever tried walking before bed? A 30-minute evening walk not only refreshes the mind but can also offer several surprising health benefits. Adding a nighttime stroll to your routine can do wonders for your physical and mental well-being. Let’s dive into the key benefits of walking before bed and how to maximise your evening walk.

At its annual Private Investor Forum, held at the IET London yesterday (11 September), a member of the audience asked if the company had «considered what impression you would give to your investors by your choice of a less than diverse panel this afternoon?». «Diversity is one of the things which is supposed to contribute to the success of companies, and I do not think that you are showing a great deal with it this afternoon,» the guest asked in the Q&A portion of the presentations. 'Huge issue for money managers': The long-term fallout for asset manager sponsorship after Ba...

InterGlobe Aviation Ltd. traded 1.72 per cent up at Rs 4982.4 at 11:20AM (IST) on Thursday, even as BSE benchmark Sensex gained 273.38 points to 81796.54. The stock had closed at Rs 4897.8 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 4987.5 and Rs 2334.95, respectively.

Bharat Electronics Ltd. traded 0.76 per cent up at Rs 290.25 at 11:16AM (IST) on Thursday, even as BSE benchmark Sensex gained 225.31 points to 81748.47. The scrip had closed at Rs 288.05 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 340.35 and Rs 127.0, respectively.

Arnab Das, Global Macro Strategist, Invesco, says all the world's big oil consumers are slowing down in a somewhat synchronized fashion, causing some concerns about the demand side of the market. However, a big collapse in the price of oil is unlikely. The big surges and the big collapses in the price of oil tend to come from the supply side rather than the demand-side which in the major economies tends to be a more gradual process than supply shocks. The US CPI numbers increased 0.2% for the month, in line with the Dow Jones consensus that sets the stage for an expected quarter percent point rate cut from the Federal Reserve in the coming week. Are there any chances for an outsized rate cut given the recessionary fears are back in the US? Arnab Das: Yes, we have and I have been in the 25 bps camp all along; 50 basis points are possible, but is unlikely at this stage. The market was pricing more like 30 bps before the CPI. Although the headline CPI number is fine, the core number is not as good as hoped, and core PCE will maintain that story. We are looking at a 25 bps cut. The Fed has kind of indicated and it is correct to say that it has shifted the focus of its dual mandate from inflation to jobs and the labour market, but it has to keep one eye on inflation and that points to a 25 bps cut.

Trump should take over in the event that he loses the next presidential election are in the minority. One in seven Americans, according to a PRRI poll, believe that attempts should be made to alter the results of the 2024 election, even by undemocratic means, if Donald Trump is not confirmed as the victor. Republicans are more in favor of this approach, with many of them prepared to forgo democratic procedures in order to guarantee the election of the «rightful leader,» as per the reports of MSN.

Just months after the shocking unravelling of Silicon Valley Bank and First Republic Bank last year, Michael Barr unveiled a new set of guardrails for the U.S.’s biggest lenders and an uncompromising defence of why they were needed.

U.S. consumer prices rose marginally in August, but underlying inflation showed some stickiness, which could discourage the Federal Reserve from delivering a half-point interest rate cut next week.

Rachel Bloom joins Kelsey Grammer in the second season of Paramount+'s revived Frasier. Bloom plays Phoebe Glazer, who shares a curious connection with Frasier Crane.

Donald Trump's chances of winning the November election are growing. This was predicted before the presidential debate. With a 60.1 percent chance of winning the Electoral College, Silver's prediction from last week gave Trump his best chance of winning since the end of July. Kamala Harris had a 39.7 percent chance. The forecast indicates that since then, Trump's chances of winning have grown, with a 64.4 percent chance to Harris' 35.3 percent in the Electoral College. The model also reveals that the Republicans have made a comeback in each of the swing states within the last week, with the increase varying from 0. 3 to 1.2. The former president is expected to win all seven swing states, or so-called battleground states. The model predicted that both Harris and Trump would be equally close in Wisconsin and Michigan last week. It also shows that while Harris will garner 256 electoral votes to Trump’s 282, the likelihood that she will sweep all of it in terms of popular vote share has slightly lessened from 58 to 56 %. Also Read :Polls say Trump more moderate candidate than Harris in the U.S Presidential elections, Democrats voice frustrations

Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...

Netflix has announced Yerin Ha as Sophie Baek, the love interest of Benedict Bridgerton in 'Bridgerton' Season 4.

₹23,000 crore and hanging fire for 18 years are finally set to have their fate decided by the Supreme Court in a sticky legal battle that will decide whether the Department of Revenue Intelligence has the power to issue such notices. The apex court has begun hearings following a government petition to review its own ruling, delivered in 2021, that clipped the DRI's powers to issue notices. A three-judge bench comprising Chief Justice D.Y.

COVID-19 vaccines modified to target a more recent strain of the illness, an infectious disease expert says the latest provincial data underscores why getting a booster shot is a good idea once the new one is available.“Even with vaccines, COVID is worse than the flu, and the numbers bear that out,” said Dr. Craig Jenne, a professor at the University of Calgary.