Stage Financial News

Slice is in talks for a $100 million equity funding round, according to three people in the know. Early conversations have happened with existing backers, but the leadership is looking to get an external investor to lead the round. The talks are still at an early stage and, given the overall funding winter, might take a few months to close, the people said.

insurance sector to equip it to deal with the impact of natural calamities on large infrastructure projects, people familiar with the matter told ET. The standing committee on finance-headed by former minister of state for finance Jayant Sinha has considered issues around reinsurance following complications in insurance claims related to the Teesta Stage III Hydropower project in Sikkim that was washed away by a glacial lake outburst.

Jujutsu Kaisen Season 2 Episode 22 set to conclude this week, fans are eager to delve into the manga spoilers to anticipate the upcoming twists and turns. Here's a comprehensive overview of what to expect in the next installment.

Mamata Banerjee will attend INDIA Bloc meeting on December 19 and meet Prime Minister Narendra Modi on December 20 for Bengal's dues in MGNREGA and other central schemes as she embarks on a four-day Delhi tour starting from today. Meanwhile, slamming BJP for its maligning campaign against Bengal over alleged Parliament security link, Banerjee said on Sunday there was a major security lacuna in the Parliament and the probe should be impartial. While talking about the security breach, Banerjee, on her way to New Delhi today, said, «It was a grave security lapse in the new Parliament.

Rapper Travis Scott has explained why he canceled his Utopia – Circus Maximus Tour to Chicago’s United Center on December 15, 2023. In a statement posted on X, formerly known as Twitter, has said that he had spent Friday on the tarmac instead of the stage. He wrote, «I literally spent 24 hrs on a fucking runway. Craziest shit ever. To my people in Chicago, I was so ready to go crazyyyy. Chicago always been one if my favorite places. Togo ham and been waiting for it the whole tour.I will be back the first couple days of January.»

Mayim Bialik, celebrated for her roles in Blossom and The Big Bang Theory, has decided to step away from her co-hosting position on the iconic game show Jeopardy! Bialik, who shared hosting duties with Ken Jennings during seasons 38 and 39, made the revelation on Friday, December 15, via her official Instagram account. The actress expressed gratitude for the opportunity, stating that Sony had informed her she would not be returning for the syndicated version of Jeopardy! Despite being nominated for a primetime Emmy for her hosting efforts, Bialik bid farewell to the beloved quiz show, thanking fans, contestants, writers, staff, and crew for their support.

United Nations Security Council, External Affairs Minister S Jaishankar said that it is like an «old club» where member nations are unwilling to admit new members as they perceive it as losing the grip. In his address at the Rotary Institute 2023 event in Bengaluru on Sunday, Jaishankar said that the members of the «club» do not want their practices to be questioned. «Security Council is like an old club, where there are set members who don't want to let go of the grip. They want to keep control over the club.

Sajjan Jindal on Sunday issued a statement responding to the Mumbai police FIR in alleged rape case, reported ET NOW. He has called the allegations “false and baseless” adding that he is committed to providing full cooperation throughout the investigation.

Sector rotation refers to selling shares or funds that are invested in one sector and use the money to re-invest into another sector. This strategy helps investors to capitalise on a change in economic conditions and the anticipated performance of those sectors in specific stages of the economic cycle will lead to higher returns.

Smartworld Developers has announced the launch of its latest offering – ‘Smartworld The Edition’ – a high-end residential project in Sector 66 of the Golf Course Extension Road, Gurugram, and plans to invest Rs 3000 crore towards the development of the project. This marks their entrance into the upscale luxury real estate sector.

Lab-grown diamonds have moved beyond the stage of uncertainty and are now in the growth phase. More and more people are turning to lab-grown diamonds, which are real diamonds created in a laboratory using advanced technology. Lab-grown diamonds have the same physical and optical properties as mined diamonds and are certified by trusted laboratories. They are indistinguishable from natural diamonds and offer the same beauty and durability. Moreover, they have several advantages when it comes to investing in the future.

By Rajesh Mehta and Vasudha Badri Paul

Subhash Tamang, who comes from a humble background, became the first golfer from Nepal to win the prestigious All India Amateur Championships run by the Indian Golf Union. Tamang, who was almost 10 when he first held a golf club, beat Rohit of India 9&7 to win the 122nd edition of the tournament at the iconic Royal Calcutta Golf Club. The 21-year-old Tamang, who was neck-and-neck with Rohit for the first 15 holes, pulled away to 3-up after 18 holes.

small-cap stocks. Small-cap stocks represent companies with relatively smaller market capitalization, often in the early stages of growth. While they carry higher risk due to their size and volatility, they also present the potential for substantial returns.

Oman News Agency reported. The Oman Foreign Minister said the Sultan's visit underscores the strength of bilateral relations between the two countries. Sayyid Badr further said that the visit represents a joint commitment to strengthen cooperation that stems from the long-standing foundations of friendship, cultural and economic exchange and continuous interaction between the peoples of the two friendly nations, according to the Oman News Agency. The Oman Sultan arrived in the national capital on Friday for a three-day state visit. He was received by Union Minister of State (MoS) for External Affairs, V Muraleedharan, at the Delhi Airport.

interest rates unchanged this week, but signaled different paths for policy going forward. Officials in the US are prepared to cut interest rates in 2024, while those in Europe said they’d step up their exit from pandemic-era stimulus. Meantime, policymakers in the UK were more hawkish, with several still supporting a rate hike at Thursday’s meeting. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy: US The Federal Reserve pivoted toward reversing the steepest interest-rate hikes in a generation after containing an inflation surge so far without a recession or a significant cost to employment.

Dalal Street, and market experts see them riding indices further higher in the near term. Last week’s rally was driven largely by foreign inflows, which will be essential for a sustained up-move in the market. After the 7% gains clocked in by Nifty 50 so far in December, technical charts, however, suggest that the market has entered into an overbought zone, and some cooling off to that extent is warranted. “From a technical standpoint, the Nifty is maintaining its bullish momentum, marked by a breakout from a flag formation. The immediate target stands at 21,700, with the possibility of further upward movement to 22,000, although some consolidation may follow,” said Santosh Meena, head of research, Swastika Investmart. On Friday, the Nifty 50 ended at a record closing high of 21,456.65 points with 1.3% gains. While the outlook for the secondary market remains positive, the action is likely to be more in the primary market as a plethora of IPOs are scheduled to hit the Street. Here are a few other factors that will drive the momentum for markets in the coming week.

Activision Blizzard has agreed to pay about $54 million to settle discrimination claims brought by California's civil rights agency on behalf of women employed by the video game maker. The settlement, which is subject to court approval, resolves allegations that the maker of Call of Duty, Overwatch, World of Warcraft and other video games «discriminated against women at the company, including denying promotion opportunities and paying them less than men for doing substantially similar work,» the California Civil Rights Department announced late Friday.

Canara HSBC Life Insurance has introduced “Alpha Wealth", a program designed to empower individuals to reach ambitious life goals. This plan not only serves as a shield of life insurance but also ensures the fulfilment of promises and secures the future of their loved ones.

India's moment to respond and arrive on the global stage, Times Group MD Vineet Jain said in Mysuru on Saturday, pointing to the country's outstanding macroeconomic, demographic, and social indicators. The country is now poised to take the next big jump and take a leading role in driving big ideas in three major areas -innovation in technology and entrepreneurship, education and skill development, and sustainability and environmental stewardship, he said. Jain was delivering the valedictory address at the fourth international conclave on Globalising Indian Thought, Indian Knowledge System, Culture, and Management. Professor Debashis Chatterjee, director of the Indian Institute of Management, Kozhikode, chaired the valedictory event. «India's greatest strength is our human resource,» Jain said, as he delved into the «Idea of globalising Indian talent» in his address. He said India's current workforce is estimated at 495 million, which is expected to grow to 1.1 billion by 2050, implying that the country will make up 40% of the global workforce by then. «With a million young Indians joining the workforce every month, India will be the only country on the planet with a surplus of talent,» he said, underlining the opportunity to the Indians who have already been visible and transformative at the world's most celebrated institutions. He quoted US envoy to India Eric Garcetti's statement that more than 10% of Fortune 500 companies' CEOs are Indians or of Indian origin. Some of the most iconic global companies such as Microsoft, Alphabet, Starbucks, Adobe, IBM, Novartis, Barclays, Bata and Deloitte, among others, are headed by persons born, educated and trained in India, Jain said.

FIFA Club World Cup 2023 is here and Pep Guardiola's Manchester City will be eyeing to lift the silverware for the first time in Saudi Arabia. If successful, Manchester City could join the ranks of the four Premier League teams that have clinched victory in the tournament. Additionally, Guardiola is aiming for his fourth Club World Cup title, a feat achieved with a third different team, having previously won twice with Barcelona and once with Bayern Munich.