Stage Financial News
22.08 / 09:59
22.08 / 08:25
Microsoft
Entertainment
Ubisoft
stage
country
Activision
UK initiates new investigation into Microsoft's Activision Blizzard acquisition over altered merger proposal
Microsoft Corp.'s $69 billion acquisition of Activision Blizzard Inc., following a substantial alteration to the proposed merger by the tech giant. This move, as reported by Bloomberg effectively resets the acquisition process to its initial stages, as announced by the country's antitrust watchdog on Tuesday. In an uncommon development, the Competition and Markets Authority (CMA) declared that it was reevaluating Microsoft's offer after the company indicated its intention to sell the rights of all present and future Activision games for the next 15 years to Ubisoft Entertainment SA.
22.08 / 07:47
Twitter
Actor
Celebrity
stage
country
social
Moon
After facing backlash, Prakash Raj clarifies Chandrayaan-3 moon landing joke; says 'hate sees only hate'
Prakash Raj, who was recently slammed online for sharing a post that seemingly mocked India's Chandrayaan-3 moon landing mission, has now broken his silence and shared a clarification. Responding to the backlash, the actor took to Twitter on Monday evening and clarified his intentions behind the post, shedding light on the humorous context that seemed to have been missed by some. Addressing the matter, Prakash Raj stated, «Hate sees only hate. I was referring to a joke of Armstrong times, celebrating our kerala Chaiwala. Which Chaiwala did the trolls see ?? If you don't get a joke then the joke is on you. Grow up.» The original post that sparked the controversy on Monday depicted an individual clad in a vest and lungi, pouring tea, accompanied by the caption, «First picture coming from the Moon by #VikramLander.»
22.08 / 04:55
UPS
Fox
Nielsen
show
stage
star
audience
Trump
debate
Trump's decision to back out of debate tests Fox News' ability to pivot again
Donald Trump to skip Wednesday's first debate of the 2024 presidential primary season likely deprives Fox of a huge late-summer audience. Even worse for the network, Trump has talked of appearing in an online interview with former Fox star Tucker Carlson at the same time. Trump's announcement on Sunday wasn't necessarily a surprise.
22.08 / 04:35
UPS
Digital
Booking
Ripple
Platform
stage
jio financial
Financial
Rs 1 lakh crore-umbilical cord links fate of Jio Financial shares with RIL
Reliance Industries, about 60% of the Rs 1.6 lakh crore-market capitalisation of Jio Financial Services or JFSL is nothing but a result of its 6.1% stake in parent entity RIL. As part of the demerger, JFSL has received 413 million treasury shares or 6.1% of the total share capital of RIL. At the current market price, the value of these shares is about Rs 1 lakh crore. JFSL can either sell these shares in a staggered manner or simply hold on to them.
22.08 / 04:03
UPS
Provident
Cooper
Parke
stage
country
Indian
Uzbekistan’s economic stability provides immense opportunities for Indian investors
Uzbekistan – has been maintaining stable economic growth and the re-election of President Shavkat Mirziyoyev has provided tremendous opportunities for prospective Indian investors in the resource rich country. Several sectors in Uzbekistan are open to foreign investments and India is one of the sought after partners. Regular flights between Delhi and Tashkent could further contribute to growth momentum of the Uzbek economy.
21.08 / 18:07
FIVE
stage
NOT
Export duty on onions: Union Minister Bharti Pawar says prices will not crash
export duty on onions by the Centre, Union Minister Bharti Pawar on Monday said prices of the kitchen staple will not crash. Meanwhile, Under the aegis of the farmers union Shetkari Saghtana, onion farmers staged a ‘rasta roko’ agitation in Maharashtra’s Nashik district on Monday against the Central government’s decision to impose a 40 per cent export duty on the kitchen staple. Amid the protests, one of the representatives of the Union said, "Farmers die by suicide.
21.08 / 18:07
CEO
stage
Prosus splits food, edtech investments with separate teams
edtech investments into two separate segments each with their own dedicated leadership team, the firm said on Monday. The decision by the firm that has invested more than $6 billion in India comes after its portfolio globally, which includes India’s Swiggy and Byju’s, has grown significantly. “These segments began as early-stage investments that have been diligently grown into world-class portfolios," the statement said.
21.08 / 17:37
Twitter
Platform
Mobile
Instagram
show
stage
track
Meta’s Threads App to Launch Web Version as Rivalry With X Enters New Stage
Meta Platforms plans to launch a web version of microblogging app Threads early this week, the biggest new feature to be introduced on its competitor to Elon Musk’s X. The desktop version would address one of the biggest of a long wish list of features users have sought for Threads. The text-first social-media app appeared on track to be a smash hit out of the gate when Meta launched a bare-bones version in early July, but use of it has plunged in recent weeks.
21.08 / 16:39
UPS
Citizens
Landmark
Action
stage
country
end
The country must put an end to the scourge of campus ragging
On 9 August, the scourge of ‘ragging’ claimed its latest victim when a minor student, barely a few weeks into his new campus life at Jadavpur University, Kolkata, ended it by jumping from his hostel building after harassment, torture and sexual debasement. About a dozen seniors prevented the administration and police from entering the campus while trying to ham-handedly doctor the crime scene to make it appear that the victim had committed suicide with no role played by others.
21.08 / 16:39
UPS
Target
Enterprise
show
stage
JK Cement investors may need to tone down high expectations
₹3,031 crore in Q1FY24 from ₹2,910 crore in Q4FY23 mainly due to additional borrowing for the Ujjain project. While the management believes that net debt has peaked, analysts feel that an update/timeline on de-leveraging would be helpful. “Considering the capital expenditure (capex) lined-up for FY24 and FY25, we don’t expect faster debt reduction, thus weighing on free cash flow generation," said Mangesh Bhadang, senior vice-president, Centrum Broking Ltd.
21.08 / 15:13
UPS
stage
end
Govt to bring criminal laws to replace IPC, CrPC and Evidence Act by year-end: Report
The Central government might be able to repeal and replace the IPC, CrPC, and the Evidence Act, through the three bills by the end of this year. The process of the implementation of the new criminal laws is currently in the examination phase by the central committee. The committee is tasked to submit its report before the beginning of the Winter Session of the Parliament, reported NDTV citing sources.
21.08 / 15:13
Action
film
stage
star
dance
Will Gadar 2, Jailer break huge records set by Pathaan? Here's what box office numbers say
₹390.20 crore in just 11 days since its release while Rajinikanth's Jailer earned ₹262.15 crore. Worldwide Gadar 2 has crossed the staggering 479.61 crores while Jailer has managed to enter the ₹500 crore club. The phenomenal success of both films is forcing fans to draw comparisons with Shah Rukh Khan's blockbuster film Pathaan.
21.08 / 13:27
Aware
Action
show
stage
PancakeSwap and Cardano Show Bullish Signs While Community is Convinced with Pomerdoge
gold-status Pomer, they will become eligible to sell, buy, or trade their in-game assets with members of the community. To ease trading activities, Pomedoge has unveiled Pomerplace. It will function as a battle arena as well as a marketplace where players will compete against each other to earn rewards and money.
21.08 / 13:01
Target
Manufacturing
CEO
Strategy
Enterprise
stage
country
Power
Deal
Solar
Tata Power Renewable inks 9MWp solar deal with Tata Motors' Pantnagar plant
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, signed a power purchase agreement (PPA) for 9MWp on-campus solar plant with Tata Motors’ Pantnagar plant in Uttarakhand, the company said in a statement. This solar plant will be the largest on-campus solar facility in the state, it added. The solar installation includes an effective approach towards Tata Motors sustainable future goals, with an estimated carbon emission reduction of 25 tonnes of CO2/kWp in Uttarakhand.
21.08 / 12:39
Target
SEC
Racing
CRA
stage
SEC races clock to keep rules out of congressional kill zone
When the SEC finalizes rule proposals, the countdown begins on compliance deadlines for investment advisors and brokers. But the agency faces its own ticking clock when it comes to final proposals, thanks to next year’s elections.
21.08 / 12:37
UPS
Citi
stage
audience
Sporting
place
Next FIFA World Cup: Where and when will the sporting event take place? Check details
FIFA World Cup events, the stage is set for an exciting future of international tournaments. Let's delve into what lies ahead in the realm of World Cup hosting. The year 2026 is poised to witness the FIFA World Cup make its way to North America.
21.08 / 12:27
Progressive
Mobile
stage
exclusive
In Bihar, over 7 lakh apply for 80K primary school teacher posts; just 40,000 for 57,000 Class XII teacher posts
BPSC) recently invited applications for over 1.70 lakh primary, secondary, and higher secondary schoolteacher posts. While there was a tremendous response for schoolteacher posts, there were not many applicants for the higher secondary teacher jobs, according to a report in the Times of India. As per the report, in total, 8.15 lakh aspiring educators have applied for the total of 1.7 lakh positions.
21.08 / 11:11
Dogecoin
Provident
Twitter
Ripple
XRP
Remark
stage
Dogecoin (DOGE) & XRP Rally! But Is VC Spectra (SPCT) the Dark Horse Set to Triumph?
Amidst the surge in Dogecoin's (DOGE) value, fueled by speculation surrounding Elon Musk's potential addition of the token as a payment option and the recent price increase of XRP (XRP) following a legal boost, VC Spectra (SPCT) is creating ripples in the crypto world with an expected 900% ROI.
21.08 / 10:43
Citi
Provident
Aware
Platform
stage
country
cover
network
500
AP Moller-Maersk to expand India distribution network with more than 500 EVs
New Delhi: Denmark-based logistic firm A P Moller-Maersk on Monday said it is expanding its fleet of electric vehicles to over 500 for deployment across 26 cities covering first, middle and last-mile distribution for one of the top e-commerce platforms in India. The expansion ties with Maersk’s ambition to become net zero across businesses and provide customers with 100% green solutions by 2040, it said.
21.08 / 09:48
UPS
Provident
Aware
Enterprise
stage
track
Small taxpayers need to be vigilant in checking up on GST demand notices: Experts
Supreme Court of India upheld the order of the Patna High Court where it dismissed a writ petition filed by a taxpayer against a GST assessment order. In the case of Vishwanath Traders, the order has wide ramifications for Small Medium Enterprises (SMEs), Micro, Small & Medium Enterprises (MSMEs), ‘small business persons’ and professionals. This occurred because several of them approach the high courts directly for remedy against a demand notice which is due to a delay in filing an appeal from their side.
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