Star Financial News
02.08 / 18:43
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controversy
Catherine Tyldesley embroiled in 'bizarre' cake controversy: What happened and who's involved?
Catherine Tyldesley, a former star on Coronation Street, is in the midst of a controversy that she finds “bizarre”. Here’s what happened. The television actor’s public relations firm asked a baker to provide a free cake for her 40th birthday this September, in exchange for publicity on social media.
02.08 / 17:13
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cover
Insurance plan for diabetics: A costly, bitter pill to swallow
₹5-10 lakh. Even regular daily treatments are very expensive. Prashanth Manikananda (49) from Thalakkad, Kerala, has been suffering from type 1 diabetes—a chronic condition in which the pancreas produces little or no insulin—for many years now.
02.08 / 16:13
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Lawyers
It’s a Stressful Summer in Hollywood. Lawyers Say That Could Spell Divorce.
Relationship headlines have started to read a bit like Mad Libs. “Sofía Vergara and Joe Manganiello Announce Divorce After Seven Years of Marriage." “Ariana Grande and Dalton Gomez Divorcing After Two Years of Marriage." “Ricky Martin and Jwan Yosef Announce Divorce After Six Years of Marriage." Behind all those announcements is a busy summer for divorce lawyers juggling a slew of high-profile splits and a wave of anxiety from celebrity clients. Summers are always stressful.
02.08 / 15:19
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Holdings
Twin Star holdings seeks up to $501 million via Vedanta share sale
Twin Star Holdings, the promoter company of Anil Agarwal-led Vedanta Group, is seeking up to $501 million dollar by selling a 4.3 per cent stake in Vedanta via a share sale. As per reports, the promoter entity will be selling 16 crore Vedanta shares in block deal at an offer price of Rs 258.5 per share on Thursday.
02.08 / 13:55
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Perseid Meteor Shower set to peak: How, where, and when to witness this dazzling display
Perseid meteor shower reaches its peak on the night of 12th August, extending into the early hours of 13th August. This dazzling annual event offers a chance to witness up to 100 shooting stars per hour, making it one of the most captivating meteor showers of the year.
02.08 / 12:47
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rights
BCCI releases media rights tender for India matches
Board of Control for Cricket in India (BCCI) has issued a tender for Media Rights for BCCI International and Domestic Matches, and it is seeking bids from reputable organisations. The ITT will be available for purchase till August 25. The BCCI said that the detailed terms and conditions governing the tender process including eligibility requirements, process for submissions of bids, rights and obligations, etc.
02.08 / 10:49
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Stock market update: Nifty Auto index falls 1.66%
Shares of TVS Motor Company(up 0.73 per cent) ended the day as top gainers in the pack. On the other hand, Bosch(down 3.86 per cent), Hero MotoCorp(down 3.5 per cent), Tata Motors(down 3.26 per cent), Bharat Forge(down 2.99 per cent) and Eicher Motors(down 2.44 per cent) finished as the top losers of the day.
02.08 / 10:49
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Stock market update: Nifty IT index falls 0.81%
Shares of Tech Mahindra(up 0.19 per cent) ended the day as top gainers in the pack. On the other hand, MPhasis(down 3.77 per cent), LTIMindtree Ltd(down 2.24 per cent), Persistent Systems(down 1.92 per cent), Coforge(down 1.82 per cent) and Wipro(down 1.02 per cent) finished as the top losers of the day.
02.08 / 10:49
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risk profile
Time
How can investors change risk profile from time to time within their investment journey? Nirav Karkera answers
«Generally in common parlance when we talk about an investor's risk, we refer to it as a risk profile. But very seldom does a person realise that the risk profile is made of two important components, that is, an individual's risk-taking ability and risk-taking willingness,» says Nirav Karkera, Head of Research, Fisdom.A very important practice which an investor he himself or herself should be doing even before approaching anyone or even a professional to get a help from for their financial planning or their investment portfolio. This is a very important part of your homework that you as an investor should be aware of and when we talk about investor profile personalities, we are usually talking about the risk profile that they carry so that it gets easier for them to understand the kind of investment options that are available for them or they match or the ones that match with their profile. So, what kind of investor profiles are we talking about over here? A person who just cannot take risk, who is risk averse; a person who is very aggressive in nature when it comes to risk. Is it all related to risk?Yes, so there are a variety of ways in which one could classify risk profile or rather an investor profile.
02.08 / 09:57
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'Visionary artist, legendary designer.' Parineeti Chopra, Hema Malini remember 'soft-spoken & humble' Nitin Desai; Sanjay Dutt recalls monumental contribution to cinema
art director Nitin Desai has sent shockwaves in the tinsel town. Several Bollywood celebrities such as Sanjay Dutt, Riteish Deshmukh, Parineeti Chopra, Neil Nitin Mukesh, etc took to social media to pay tributes to the late art director. Taking to Twitter, Chopra wrote, “Heartbreaking to hear about Nitin sir.
02.08 / 08:35
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Digital
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rights
cricket
Amazon, Google wooed by India for $750 million cricket rights
Amazon.com Inc. and Alphabet Inc. to bid in a media rights auction of its team’s games amid waning interest from firms who had recently competed fiercely for the wildly successful Indian Premier League. The proposed starting date of the auction process for the media rights of the so-called bilateral series, played by the Indian team against other countries, for the next five years is postponed by at least two weeks as the Board of Control for Cricket in India reaches out to more firms to drum up interest in the property, according to people familiar with the matter. The lukewarm response by media firms ahead of the auction highlights the struggle to make money amid weak advertising revenues, with the shorter-format IPL being the top cricket property garnering higher viewership over the years. The sale process is running two weeks behind a timeline suggested by its adviser, Ernst & Young, under which auctions would have been completed by August end, they said. EY expects the sale of rights to 102 matches to raise at least $750 million, almost the same price for what it was sold five years back, the people said, asking not to be named as the information is not public. In contrast, the rights to IPL, which was auctioned last year, had surged almost threefold from the previous offering. The IPL remains one of the world’s most popular sporting contests and is still garnering the most eyeballs among cricket events. Last year, BCCI raised record amounts of money by selling media rights for the IPL through an auction as Viacom 18 Media Ltd., controlled by billionaire Mukesh Ambani, and Walt Disney Co. outbid rivals, including Sony Group Corp.
02.08 / 07:07
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Tragic passing of esteemed art director Nitin Desai sends shockwaves through the industry
ND Studio, located in Karjat, sending shockwaves across the film fraternity. As per preliminary reports, it appears that Nitin Desai may have died by suicide. Just a few days before his passing, Desai took to his Instagram account to commemorate the 29th anniversary of the beloved film, '1942: A Love Story.' In the touching post, he shared a nostalgic poster featuring Anil Kapoor and Manisha Koirala, the stars of the film, and captioned it with endearing words, «The story of your favorite love story has completed 29 years (sic).» The movie '1942: A Love Story,' directed by Vidhu Vinod Chopra, had garnered immense appreciation upon its release in 1994.
02.08 / 03:47
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FTX founder Sam Bankman-Fried's lawyers say attempt to jail him before trial is wrong
FTX founder Sam Bankman-Fried said Tuesday that prosecutors are wrong to seek his detention prior to trial because their arguments are built on «innuendo, speculation, and scant facts.» The written submission in Manhattan federal court was a response to the prosecution's claim last week that no bail conditions can stop the onetime cryptocurrency power broker from trying to improperly influence the potential jury pool for his October 2 trial. Bankman-Fried, 31, has been free on a $250 million personal recognizance bond since his December extradition from the Bahamas to face charges in New York that he defrauded investors in his businesses by diverting millions of dollars from their intended purpose.
02.08 / 02:57
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Disney
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ad
Disney Star curates flexible ad packages for Asia Cup and ICC World Cup while it chases unprecedented reach
Disney Star is bullish on onboarding robust sponsorships from most sectors, be it startups or established firms, banking on flexible advertising packages for the upcoming marquee Asia Cup and ICC ODI World Cup events that it forecasts will see unprecedented reach. «We are making advertising on Disney Star network flexible, we are making it customisable.
02.08 / 02:57
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Rocky
Ayushmann Khurrana celebrates 'Rocky Aur Rani Kii Prem Kahaani' for challenging gender norms, says 'Dream Girl 2' will take it further
Ayushmann Khurrana on Tuesday said he has challenged the idea of "toxic masculinity" right from the beginning of his career and is confident his upcoming film 'Dream Girl 2' will take the discourse to another level. At the trailer launch of 'Dream Girl 2', the actor was asked to comment on how Karan Johar's latest film 'Rocky Aur Rani Kii Prem Kahaani' challenges gender stereotypes by showing two men — characters played by Ranveer Singh and Tota Roy Choudhury — perform Kathak on 'Dola Re Dola', a song from 'Devdas' featuring Aishwarya Rai Bachchan and Madhuri Dixit Nene. Khurrana, who plays the role of a cross dresser in 'Dream Girl 2', said he is happy to see the audience accept a film like 'Rocky Aur Rani...' «From the beginning, I've criticised toxic masculinity. I'm glad that 'Rocky Aur Rani Kii Prem Kahaani' is doing well. They have set a good ground to address toxic masculinity because our film is going to take it to the next level. »It's good to see people accepting these kinds of films on social causes or trying to say something about breaking stereotypes. It's not just the messaging in the film ('Dream Girl 2'), it has a lot of comedy as well," the actor told reporters here. Khurrana said he is glad to count himself in the company of actors like Kamal Haasan, Govinda, and Kishore Kumar, who have in the past transformed into a woman in different movies.
02.08 / 02:39
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Inside
'OMG 2' receives 'A' certificate from CBFC after a few modifications
OMG 2) with «a few modifications» following which the movie will release on its scheduled date of August 11 with an 'A' certificate, said an insider on Tuesday. The film, starring Akshay Kumar and Pankaj Tripathi, was reportedly stuck with the censor board for over two weeks. «There are no cuts in the film; only a few modifications, which the makers discussed with the censor board members. »For a UA certificate, the committee was asking for a lot of cuts. The makers didn't want to compromise with the sanctity of the film. So they chose to go with an Adults certification but keeping the integrity of the film intact and also adhering to and respecting the norms of the censor board," the insider said. According to CBFC, 'UA' certification means children below 12 years of age can watch a film under parental guidance. An 'A' certificate means adults (aged 18+) can publicly watch a film. 'OMG 2' features Tripathi as a devotee of believer in Lord Shiva named Kanti Sharan Mudgal and Kumar in the role of Lord Shiva. The film is billed as a spiritual sequel of 'OMG — Oh My God!', which released in 2012.
01.08 / 20:11
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Arrow
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Actor
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'Arrow' star Stephen Amell shares frustration over SAG-AFTRA strike. See what he said
Stephen Amell, who is known for his role in «Arrow,» voiced his disagreement with the ongoing SAG-AFTRA strike during an appearance at GalaxyCon in North Carolina. The 42-year-old actor expressed support for his union but criticized the strike as a reductive negotiating tactic, finding it frustrating. After a fan asked the actor about the strike, Amell said, «I support my union, I do, and I stand with them. I do not support striking. I don't. I think that it is a reductive negotiating tactic, and I find the entire thing incredibly frustrating.» Amell's statement comes amidst the backdrop of Hollywood actors' decision to strike in July, joining writers, who were already on strike. The strike has led to the suspension of numerous movie and TV show productions, causing significant disruptions in the industry. The Screen Actors Guild (SAG) and the Writers Guild of America (WGA) strikes have also halted the production of TV shows and movies, with notable impacts on upcoming releases like Zendaya's «Challengers,» which was scheduled for the Venice International Film Festival but has now been postponed to 2024. Hollywood writers began their strike in May, demanding better payment contracts, particularly with the rise of streaming services like Netflix. Actors are also seeking improved pay deals, especially from streaming platforms. Despite Amell's reservations about the strike, he clarified that he stands with his union, indicating that his appearance at GalaxyCon does not violate the strike terms since it is unrelated to «struck» companies and not contractually bound to a studio.
01.08 / 19:47
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Ginny and Georgia Season 3 & 4: Here’s everything we know about the Emmy-nominated Netflix drama
Netflix drama, Ginny & Georgia, has been renewed for at least two more seasons following its unprecedented renewal in May 2023. Despite the exciting news, fans will need to be patient, as the new seasons won't be available for streaming on Netflix anytime soon. Here's a roundup of what we know about Ginny & Georgia seasons 3 and 4 so far. Since its debut in February 2021, the drama initially gained massive popularity due to an online altercation involving Taylor Swift, who took offense to a joke in the series. Since then, Ginny & Georgia has become one of Netflix's biggest hits, with both seasons 1 and 2 briefly appearing on the all-time Netflix most-watched list. Starring Brianne Howey and Antonia Gentry, the dramedy centers around the Miller Family, as they navigate the highs and lows of life after relocating to a new town. Season 2 of Ginny & Georgia premiered globally on Netflix on January 5th, 2023, and achieved its first Primetime Emmy nomination for Original Music And Lyrics. With the show's continued success, fans can eagerly anticipate more compelling storytelling and engaging performances in the upcoming seasons.
01.08 / 17:53
01.08 / 16:41
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FIFA Women’s World Cup 2023: Australia to clash with Denmark in round of 16 match. See details
Denmark in their first official knockout game of the FIFA Women's World Cup 2023 round of 16. It was practically obvious that Australia would face Denmark in this vital round of the competition after England's commanding victory over China in Adelaide.
01.08 / 16:31
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NASA's Voyager 2 signals its in 'good health' after brief blackout: Report
AFP on 1 August. The Voyager 2 probe, launched in 1977, is currently over 12.3 billion miles (19.9 billion kilometers) from our planet and is exploring interstellar space along with its twin, Voyager 1. On 21 July, a series of planned commands sent to Voyager 2 'inadvertently caused the antenna to point two degrees away from Earth', AFP quoted NASA's Jet Propulsion Laboratory (JPL) statement.
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