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Bank of India’s (SBI) shareholding in Jio Payments Bank fell to 23% in FY23 from the 30% that it has maintained since inception, indicating its disinterest in the payments bank business model. The fall below 25% also means SBI will no longer be able to block special resolutions at its seven-year-old joint venture (JV). India’s largest bank stayed away from two Jio Payments Bank rights issues, while its JV partner Reliance Industries (RIL) picked up 10 million shares on 29 November, and 70 million on 23 January, according to a directors’ note in the payment bank’s regulatory filing seen by Mint.

LandRocker is an emerging Play-to-Earn (P2E) game platform that uniquely blends the excitement of space exploration with the lucrative potential of crypto and NFTs.

MUMBAI : After nearly two decades, a company from the Tata group stable is gearing up for its stock market debut. This itself is enough to stir excitement. Enter Tata Technologies Ltd, the initial public offering (IPO) of which opens for subscription today.

Despite concerted efforts to treat her injuries, the woman was urgently transported to St Vincent's Hospital in critical condition and placed in an induced coma. Unfortunately, the hospital confirmed her passing on Monday, attributing it to the injuries incurred during the fall. The heartbreaking accident transpired as throngs of concert-goers exited the stadium post the show's culmination.

US-China summit was designed for limited results. Joe Biden met Xi Jinping for four hours outside San Francisco, took a stroll and seemed to make nice. On the other side, China's military continued to tango with war-like provocations against the US and other forces. New Delhi kept an eye on the summitry — as it should have — for any overly accommodative measures.

Black Friday Deal that is going to be a real money saver is the $1 per month subscription on Hulu for a year. New subscribers can get Hulu for only $0.99 per month for one year. If you want to save your money and grab this deal, don't forget to sign up on Hulu before this Cyber Week deal ends at 11:59 p.m.

As I wrote this blog, the S&P 500 index is up roughly 17% year-to-date. Most likely, your portfolio isn’t. This is a common frustration among many investors in the market this year in particular. As discussed previously, the S&P 500 index performance is a bit deceiving. The majority of the gain in the market this year has come from essentially seven stocks with the largest concentration in the index in terms of market capitalization.

₹6,470 per bbl, having swung between ₹6,420 and ₹6,500 per bbl during the session so far, against a previous close of ₹6,543 per barrel. Also Read: Crude below $80/barrel to support OMCs in near-term; ONGC, Oil India key beneficiaries of high prices -Between now and the weekend meeting, traders will get fresh insights into US fundamentals with the release of official figures on crude and product stockpiles. Nationwide crude inventories have expanded for the past four weeks to the highest since August.

Bank of America Corp. strategists who join a growing chorus of optimistic Wall Street forecasters. The team led by Savita Subramanian is bullish on US equities for next year “not because we expect the Federal Reserve to cut, but because of what the Fed has accomplished." “The market has absorbed significant geopolitical shocks already," they wrote in a note on Tuesday, adding “US exceptionalism is intact." They see the S&P 500 closing at a record 5,000 by the end of 2024, which is 10% higher than Monday’s close.

Zomato has now chalked up two successive profitable quarters, focusing on improving efficiency as it handles more orders and a wider network of restaurants. The online food-ordering platform still has a number of challenges on its plate – getting restaurants to agree with its policies, driving up customer acquisition in a country that still loves to cook at home, and ensuring the overall well-being of its delivery riders. At the company headquarters in Gurugram, Rakesh Ranjan, CEO, Food Delivery, Zomato, spoke at length on the evolving restaurant landscape, inflation, the company’s plans to get more customers to order more frequently, and on chasing profitability.

The band on Monday announced dates for its tour in North America. The group, led by core members Mick Jagger, Keith Richards and Ron Wood, will begin their American tour in Houston, Texas, followed by performances in 12 other cities in the country before taking the stage in Vancouver city of Canada.

State Goods and Service Tax Officer, Chennai, conducted a search at its warehouse in the southern city on November 16-17, and a penalty of Rs 1 lakh was imposed for «minor non-compliance». In a regulatory filing, the company said the initiation of search was pursuant to the provisions of Section 67 of the Tamil Nadu Goods and Services Tax Act, 2017.

Recent assessments of economic growth across various global economies fail to inspire optimism. In the eurozone, a delicate balancing act between growth and recession is evident, highlighted by the latest figures of 0.1% year-on-year and -0.1% quarter-on-quarter.

By Howard Schneider

Investing.com — Oil prices retreated Tuesday, handing back some recent gains amid caution ahead of the weekend’s eagerly-awaited meeting of a group of top producers. 

Enforcement Directorate, late Tuesday, confirmed it has issued show cause notices to Byju’s parent Think & Learn and its founder and chief executive Byju Raveendran for violations involving an amount of Rs 9,362.35 crore under the Foreign Exchange Management Act (FEMA). Byju’s did not immediately respond to ET’s request for comment on the matter.

Enforcement Directorate, late Tuesday, confirmed it has issued show cause notices to Byju’s parent Think & Learn and its founder and chief executive Byju Raveendran for violations involving an amount of Rs 9,362.35 crore under the Foreign Exchange Management Act (FEMA). Byju’s did not immediately respond to ET’s request for comment on the matter.

NBC is set to kick off its midseason schedule in December 2023, presenting a line-up of new premieres to round out the year. As the only member of the Big 5 networks with fresh programming for Fall 2023, NBC is keeping the momentum going.

BBC reporter asks if Banksy's real name is «Robert Banks,» to which the artist responds, «It's Robbie.» Banksy spoke to former BBC arts correspondent Nigel Wrench on the anti-authority element of his work, which is still evident today, while working on his show Turf War in east London. The BBC has now broadcast the entire interview as The Bansky Story, which is available on BBC Sounds 20 years later. Banksy appeared to confirm his first name during the interview.

41 trapped workers inside the Silkyara tunnel of Uttarkashi entered its 10th day, a major relief came with the emergence of their first visuals. In the video, the workers were seen to be physically and mentally stable. Officials who addressed the press sounded confident of their well-being, noting that there was sufficient oxygen and light inside the tunnel, and eatables including dry fruits were being sent inside through a 4-inch pipeline.

Good Morning America (GMA) for over three weeks, Michael Strahan has returned to the show. Following his return, the well-known broadcaster refrained from discussing the details of his absence on the GMA show. Co-hosts George Stephanopoulos and Robin Roberts expressed their happiness at having him back on the program. Roberts began the show with poignant comments: «Can I just say we have tears of joy because we have Michael back here at the desk with us?» In response, Strahan said, «It is great to be back with both of you… and it’s great to see Jeremy Renner conquering another mountain or hill as he’s on his way to recovery.» He returned to the show with ease, interviewing actor Chris Pine and others of «The Hunger Games: The Ballad of Songbirds & Snakes» cast. Reports in the media stated that Strahan took a break to attend to «personal family matters.» No additional details regarding Strahan's extended absence were disclosed during the two-hour broadcast.