Stage Financial News

Core Scientific, once a leading player in the Bitcoin mining landscape, is poised to emerge from Chapter 11 bankruptcy proceedings in mid-to-late January 2024, as announced on December 21, 2023. This comes after a tumultuous period marked by financial challenges that led to the company filing for bankruptcy in December 2022​​​​.

Netflix is set to bring a chilling adaptation of Hitoshi Iwaaki’s renowned manga, 'Parasyte,' to life. Directed by the acclaimed Yeon Sang Ho, 'Parasyte: The Grey' promises to deliver spine-tingling horror to your screens. Here's what you need to know about this upcoming South Korean series. In 'Parasyte: The Grey,' viewers will delve into a world infested by unidentified parasitic life-forms that feed off human hosts. As these creatures disrupt society, a group of courageous humans wages war against the growing threat. The series revolves around characters like Jung Soo In, who forms an unusual cohabitation with a parasite, Seol Kang Woo on a mission to find his missing sister, and Choi Jun Kyung leading the parasitic life team known as 'The Grey.' This adaptation marks the first live-action series outside Japan, promising a fresh take on the beloved manga.

Tata Technologies has launched a hiring campaign, #Reignite, targeting female engineers on a career break. The programme is in line with its renewed focus on promoting gender diversity across its workforce, the product engineering and digital services firm said.

coal ministry on Thursday reviewed the status of commercial and captive coal blocks that have already started production as well as those which are expected to commence production. During a high level meeting to review the status of 'producing and expected to produce' captive and commercial coal mines, Additional Secretary at the ministry M Nagaraju also urged the allottees to put in further efforts to achieve the committed coal output target for the current fiscal, an official statement said.

India vs South Africa, 2nd Test Day 2: India defeated South Africa by 7 wickets on Thursday to level up the two-match Test series 1-1. The victory surely belongs to the Indian pacers led by Mohammed Siraj, who consistently delivered exceptional spells on both days, even as Indian batters struggled to recover from the nightmare of Centurion. The extra bouncy pitch of Newlands Cricket Ground in Cape Town provided a clear edge to pacers with batters of both teams crumbling like cards.

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.

BJP in Karnataka on Thursday launched a campaign, 'I'm also a Karsevak, Arrest Me Too' as it stepped up its protests in several parts of the State over the recent arrest of a Hindu activist in connection with a 31-year-old case related to the Ram Janmabhoomi agitation. Leading the campaign in Bengaluru, MLA and former minister V Sunil Kumar staged a sit-in demonstration near the Sadashivanagar police station, amid chants of «Jai Sri Ram» by BJP workers. Holding a placard with a message 'I'm also a Karsevak, Arrest Me Too', Kumar said he too took part in the Rama temple agitation in 1992, for which he should also be arrested.

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.

AI) taking centre stage in all industries, ITC is focusing on technology to revolutionse its dairy and beverages supply chain in several ways. Sanjay Singal, COO, Dairy & Beverages, ITC Foods, says digital technologies, including AI-powered sensors and machine learning algorithms, can help monitor and maintain product quality throughout the production process.

A market sell-off over the past day has seen Bitcoin’s price tumble by over 10%, with the cryptocurrency dropping from roughly $45,500 to as low as about $40,800.

₹51,000 crore from the sale of the government’s shares in public sector companies. It is unlikely that any new big-ticket additions will be made to the divestment list for FY25, the people mentioned above said on condition of anonymity. “For FY25, the divestment targets will likely be lower than the FY24 target as the focus will be to complete stake sale processes initiated during FY24," one of the two people cited above said.

earthquake depends on the place you are in along with what activity you are engaged in when the ground is shaking. Numerous active liabilities exist in California and the coastal Pacific Northwest, similar to Hawaii and Alaska. However, the earthquake has taken place in many parts of the U.S. east of the Rockies.

Bitcoin (BTC) will need to hold the psychological price of $40,000 to avoid a bearish momentum, given that the leading cryptocurrency recently retested this level.

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)?

External Affairs Minister S Jaishankar opened up on the references to epic 'Ramayana' in his book 'Why Bharat Matters' and described India's rise through anecdotes of Lord Ram, Lord Lakshman and Lord Hanuman. Describing India's rise at the book launch event, Jaishankar talked about the sequence where Lord Ram strings the bow which marked his arrival at the stage. Comparing it to India, he said that India is also very close to that moment. The book 'Why Bharat Matters' written by S Jaishankar talks of India's quest to ascend the global hierarchy and 'New India' drawing strength from the country's civilisational heritage. Speaking at the event on Wednesday, Jaishankar said, «We are at that inflexion point (arrival at the big stage).

Israel-Hamas war: The United States is risking its position on the global stage as it decides to back Israel in its war against Gaza. But, serious disagreements seem near as Israel plans to push Palestinians out of Gaza and called for Israeli settlers to return to the region.

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.

Russian regional governor said on Wednesday he had ordered the rebuilding of nine houses in a village that was accidentally bombed by one of Russia's own warplanes. The incident took place on Tuesday, when the state news agency RIA quoted the defence ministry as reporting an «abnormal discharge of aircraft ammunition» over the village of Petropavlovka in the southern region of Voronezh. Governor Alexander Gusev said the nine houses would be rebuilt as soon as possible, and there had also been damage to a small local school, an arts centre and an administrative building. No one had been killed but four people were treated for minor injuries and residents had access to psychological support, he said. Five cars and a tractor had also been damaged, and the owners would get compensation. «Not a single resident will be left without help, we will support everyone as much as possible,» Gusev said. Authorities did not say what caused the incident. While the damage was limited, it was embarrassing for Russia's military and came at a time of high alert in its southern regions close to the border with Ukraine. Over the New Year period, Russia staged some of its heaviest missile and drone strikes on Ukraine since its full-scale invasion in February 2022.

Jupiter, a decentralized trading aggregator built on the Solana blockchain, has announced plans to conduct the airdrop of its JUP token in late January.

In 2023, BofA Securities clients witnessed another substantial year of equity inflows, collectively netting $66 billion in US equities.

The global landscape of REITs has undergone a transformation since the listing of first REIT in the US in 1961. As of December 2022, there are 893 listed REITs, globally, and a combined equity market capitalization of approximately $1.9 trillion. This class of investments has grown in the last 30 years, from 120 REITs in two countries to 893 in 41 countries and regions. Asia, especially, has played a big role in this growth, with the number of REITs in the region going up by a huge 58% since 2015.