Show Financial News

SBI Cards and Payment Services Ltd. traded 1.41 per cent up at Rs 742.5 on Monday at around 10:25AM (IST), while the benchmark BSE Sensex advanced 9.11 points to 65803.84. As many as 55,686 shares changed hands on the counter with a total value of Rs 4.11 crore.

Sam Altman's latest post on X (formerly Twitter) hints at a strict deadline for his return to OpenAI and the removal of the company's board of directors. Altman was unceremoniously ousted as the company's CEO in a Google Meet on Thursday night, while Greg Brockman was also removed from his position as chairman of the board. Also Read| Sam Altman’s ousting and possible return to OpenAI: What we know Altman and Brockman arrived at OpenAI's San Francisco headquarters to negotiate a possible return to the company.

Taylor Swift postponed an Eras Tour concert in Rio de Janeiro Saturday after a 23-year-old fan died during her Friday night show, according to a message posted on the singer's Instagram. «I'm writing this from my dressing room in the stadium. The decision has been made to postpone tonight's show due to the extreme temperatures in Rio,» the singer said in a handwritten note on Instagram.

Nifty’s strong close last week, despite the weakness in Bank Nifty, bodes well for the overall markets and despite continued FII selling, markets have proven to be resilient, further aided by the DII buying, Aamar Deo Singh, Senior Vice President-Equity, Commodity & Currency at Angel One said. Nifty would meet with resistance around the 19,850-19,900 zone in the short-term whereas support is seen around the 19,400-19,450 zone, he adds. Nifty ended with near 2% WoW gains this week while Bank Nifty almost flat. What is the outlook for next week? Last week, markets witnessed a positive trend on the back of strong global cues backed by sharp decline in US inflation numbers and receding fears of US Fed rate hikes. Further, it was a broad-based rally across most sectors, except the Banking space, which witnessed sell-off post the RBI’s decision to raise the risk weights for unsecured loans. Also it is worth noting that despite continued FII selling, markets have proven to be resilient, further aided by the DII buying. Nifty’s strong close last week, despite the weakness in Bank Nifty, bodes well for the overall markets. However, Nifty would meet with resistance around the 19850-19900 zone in the short-term whereas support is seen around the 19400-19450 zone.

ICC Cricket World Cup 2023 final between India and Australia at the Narendra Modi Stadium in Ahmedabad. The person, identified as Wen Johnson, was supporting Palestine which has been under attack by Israel since October 7 when Hamas launched a surprise assault on southern Israel. "The accused described himself as a big fan of Virat Kohli and had come to watch the match and being a fan of Kohli, he crossed the railing and went into the ground," Ahmedabad Police said.

Sensex ended 187.75 points lower at 65,794.73 while the Nifty 50 declined 33.40 points to settle at 19,731.80. Nifty 50 formed a small positive candle on the daily chart with a long upper shadow.

OpenAI executives and investors to reinstate Sam Altman to his role as chief executive officer reached an impasse over the makeup and role of the board, according to people familiar with the negotiations. Resolution could come quickly, though talks are fluid and ongoing. Altman, who was fired Friday, is open to returning but wants to see governance changes, including the removal of existing board members, said the people, who asked not to be identified because the negotiations are private. He’s also seeking a statement absolving him of wrongdoing, they said. After facing intense outrage over the ouster, the board initially agreed in principle to step down, but have so far refused to officially do so. The directors have been vetting candidates for new directors.

Investing.com-- Oil prices moved little in Asian trade on Monday as top importer China kept its benchmark interest rates unchanged, while an upcoming meeting of the Organization of Petroleum Exporting Countries was squarely in focus. 

SHANGHAI/SINGAPORE (Reuters) — China left benchmark lending rates unchanged at a monthly fixing on Monday, matching expectations, as a weaker yuan continued to limit further monetary easing and policymakers waited to see the effects of previous stimulus on credit demand.

Exide Industries: Exide Industries Ltd has settled its trademark dispute with the UK’s Vertiv Company Group Ltd. and India's Vertiv Energy Pvt. VCGL and VEPL have agreed that the trademark Chloride and its variants in India are registered by Exide, according to an exchange filing issued on Friday.

By Jamie McGeever

'perpetual bonds' — complex securities that have sparked debates and court battles but without which many high-street banks would find it tough to raise capital in the coming years. Financial market authorities are examining a possible change in the way the securities are valued to stoke investor interest in the quasi-equity papers, better known as 'additional tier-1', or AT1 bonds, three persons familiar with the discussions told ET. The government, financial market regulators, banks (which issue such bonds), and asset managers (which invest in them) have discussed the matter in the weeks before the Diwali holiday. Banks and mutual funds chiefs have had meetings with the Securities & Exchange Board of India (Sebi) which formulates the valuation rules.

RIO DE JANEIRO (Reuters) -Taylor Swift fans headed to her eagerly expected show in Rio de Janeiro on Sunday, following a last-minute postponement of Saturday’s performance due to record breaking heat after a fan died in the sweltering conditions a day earlier.

Good Trouble, the wait just got longer. Part 2 of the fifth season won't hit screens until 2024, extending the anticipation for the beloved series. Originating as a spinoff from The Fosters, the show depicts the tumultuous journey into adulthood in Los Angeles. As fans gear up for its return, they are met with the news of a delayed premiere.

Netflix expands its content with 14 additions this week from November 19 to 25, featuring a reality show, an animated movie, and a limited thriller series. "Squid Game: The Challenge," a reality show based on the hit series, kicks off on November 22, 2023, as 456 participants vie for a $4.56 million prize. Players navigate challenges, devise strategies, form alliances, and strive to survive until the competition's end. On Tuesday, November 21, Netflix premieres the animated movie "Leo!" voiced by Adam Sandler, Bill Burr, and others. The film follows a lizard's escapade during the final year of elementary school, breaking free from a 74-year confinement in a terrarium with his turtle companion. Swedish limited series, «A Nearly Normal Family,» arrives on November 24, depicting a seemingly ordinary family shattered by a shocking murder. As one family member faces arrest, questions arise about how well they truly know each other. Rounding out the week are «Love Island USA» season 3 on November 24 and «Crime Diaries: The Celebrity Stylist» on November 22, offering a diverse selection for Netflix subscribers.

Lawmen: Bass Reeves faithfully portrays the life of Bass Reeves, an authentic historical figure born into slavery in 1838, who later became one of the pioneering Black U.S. Marshals in the western region of the Mississippi River. Drawing inspiration from Reeves' well-documented life, chronicled in Art T.

Netflix’s spy thriller series, "The Recruit," featuring Noah Centineo, is set for a second season. Originally slated for an August 2023 start, filming for the new season was delayed. Here’s the lowdown on what to expect from season 2.

South Africa. Travis Head sure caught it when he ran back from the cover, dived, and held on to send the Indian captain Rohit Sharma back in the 10th over in the 2023 final. Glenn Maxwell knew what that moment meant, and he didn’t hide it. In an otherwise situation, it might just have been Rohit doing what he does best – making the most of the powerplay.

World Cup final, a single-day event. Comparatively, the two days prior to Diwali (which was on 12 November), a pan-India festival, saw just 413,953 and 394,289 passengers, respectively. This month, so far, the average daily air traffic is over 402,000 passengers, compared to 431,000 in November 2019.

Mint had reported earlier after speaking with several consultants including Aon, Mercer and Willis Towers Watson (WTW) that Indian companies are likely to offer median increments of 9-10% this time, with macroeconomic pressures pushing companies to be more prudent. In fiscal year 2023 (FY23), the median remuneration had risen 9.5% on average, the highest since FY20 (9.7%), a Mint analysis of Sensex companies showed. However, in 2019-20 (before covid), the average annual inflation was far lower, at 4.8%.

World Cup trophy, here Wednesday. The Australians once again showed what meticulous planning and ruthless execution is all about, chasing 241 in just 43 overs with Travis Head (137 off 120 balls) once again proving to be India's nemesis.