Stars Financial News

Nita Ambani, the Reliance Foundation Chairman, turns 60 today. Married to business magnate Mukesh Ambani, the patriarch of Reliance Industries, over the years, she has managed to carve her own individual identity as a noted cultural patron and entrepreneur. One of the most influential figures in India’s business sector, Ambani has diversified her portfolio extensively throughout the years.

India's maiden sale of ultra-long bonds this week will lower borrowing costs for the government as large insurance and pension funds are expected to scoop up the issue, fund managers and analysts said. With the sale of 100 billion rupees ($1.2 billion) of a 50-year bond on Friday, Asia's third-largest economy will join a handful of countries that actively issue such papers, as per LSEG data. Two more tranches will be sold by the end of March. The bonds are likely to be sold at a yield that will only be one-to-two basis points higher than the yield on the 40-year paper, according to Aneesh Srivastava, executive director and chief investment officer at Star Health Insurance. A 40-year bond that matures in 2063 is currently the longest-duration bond sold by India. On Wednesday, the 40-year bond was bid at 7.53% while a 30-year note was dealt at 7.52%. «There should be strong demand for this paper especially from insurance companies, as it is a classic investor stock,» said Vikas Goel, managing director at PNB Gilts. Insurers and pension funds' government debt purchases have risen over the last few years because of strong demand for their products. Bond purchases by the so-called 'others' category — consisting primarily of insurers and pension funds — have risen to 1.39 trillion rupees this year from 1.10 trillion rupees in 2022, clearing house data shows. «There are some insurance products that require an additional 10 year of duration, mainly due to the nature of ALM (asset liability management) gaps,» Churchil Bhatt, executive vice president at Kotak Mahindra Life Insurance, said. Strong demand at the 50-year sale will result in the yield curve remaining flat, while elongating the maturity of the government's

FTX founder Sam Bankman-Fried has undergone a final barrage of questions from a prosecutor aimed at showing that he's not being honest about how $8 billion of his customers' funds disappeared, setting the stage for final arguments

Star Health and Allied Insurance Company fell over 5% to Rs 550 in Wednesday's trade on BSE after the firm reported lower-than-estimated earnings for the September quarter. The company reported a 34% increase in net profit to Rs 125 crore in Q2 FY24. Its total income in the second quarter of the ongoing fiscal rose to Rs 3,357 crore against Rs 2,918 crore in the year-ago period.

Barely a week after the government declared the Bharat National Cyber Security Exercise 2023 a grand success, personal data of 815 million Indians, including Aadhaar numbers, phone numbers and addresses, started being hawked on the black web. Cybersecurity is different from other areas such as, say, tourism promotion: mere enthusiasm isn’t sufficient. What’s needed is an effective strategy, policy, regulation, technical standards, enforcement agencies, continuous training, user vigilance, and investment in quality education.

Yogi Adityanath on Tuesday watched 'Tejas', a film starring Kangana Ranaut, here. The special screening of the action thriller film, directed by Sarvesh Mewara, was held at the city's Lokbhavan Auditorium. Ranaut shared a series of pictures from the film's screening on her official X page.

New Zealand will take on South Africa on November 1 in the 32nd ODI World Cup 2023 match at MCA Stadium, Pune. New Zealand vs South Africa Pune ODI is a day-night match and will start at 2 p.m. It would be the 7th match of both the teams in the ICC ODI World Cup 2023.

FTX founder Sam Bankman-Fried underwent a final barrage of questions on Tuesday from a prosecutor aimed at showing that he’s not being honest about how much he knew about the disappearance of $8 billion from his customers’ accounts, setting the stage for final arguments in his fraud trial on Wednesday.

Aaron Tveit and Sutton Foster will star in 'Sweeney Todd: The Demon Barber of Fleet Street' on Broadway. They replace Josh Groban and Annaleigh Ashford, who end their run on January 14. Tveit and Foster's performances begin on February 9 and conclude on May 5. Tveit earned a Tony Award for his role in 'Moulin Rouge! The Musical' and has appeared in several Broadway productions like 'Catch Me If You Can,' 'Next to Normal,' 'Wicked,' and 'Hairspray.' He also featured in various screen projects. Foster, a two-time Tony Award winner, received her accolades for her roles in 'Thoroughly Modern Millie' and 'Anything Goes.' She earned seven Tony Award nominations and recently starred alongside Hugh Jackman in 'The Music Man' on Broadway. Foster also led TV series like 'Younger' and 'Bunheads.' 'Sweeney Todd,' featuring Stephen Sondheim's score and Hugh Wheeler's book, started at the Lunt-Fontanne Theatre on March 26. The production, directed by Thomas Kail and produced by Jeffrey Seller, has seen strong ticket sales. The current cast, alongside Groban and Ashford, includes Gaten Matarazzo from 'Stranger Things,' who concludes his run on November 5. Other members are Daniel Yearwood, Ruthie Ann Miles, Maria Bilbao, Jamie Jackson, John Rapson, Nicholas Christopher, and Jeanna de Waal.

Taylor Swift Halloween costumes experienced a remarkable shift. It initially hovered at minimal levels around the time of the first U.S.

The Kill Team,' to its library. This movie, directed by Dan Kraus, portrays the true story of the Maywand District murders during the war in Afghanistan in 2010. In it, a group of Army soldiers faced murder charges for the killing of at least three Afghan civilians. The film now stands at number 5 in Netflix's Top 10, surpassing Bill Burr's comedy 'Old Dads' in sixth place.

Wolff, known for his roles in «Oppenheimer,» «Hereditary,» and «Pig,» is set to direct and star in a new psychological thriller called "If She Burns."

Travis Kelce, the seasoned tight end for the Kansas City Chiefs, has embarked on an intriguing venture beyond the football field. As per the records maintained by the United States Patent and Trademark Office, the 34-year-old NFL star has submitted five new trademark requests.

Arnold Schwarzenegger, the iconic action star, shared some revealing insights on a recent episode of «The Graham Norton Show.» He discussed his efforts to shed his thick Austrian accent early in his career and how it unexpectedly became an asset in Hollywood. Reflecting on his journey in the entertainment industry, Schwarzenegger disclosed, «I had an English coach and an acting coach and a speech coach and an accent-removal coach, who has passed away since then, but I should have otherwise gotten my money back.» He recalled the advice he received from his accent-removal coach, saying, «I remember he'd say, 'You know you always say s-ree. It's three, with a T-H.' So he had me say, 'Three thousand three hundred and thirty-three and one-third,' with the T-H and not with the S.» Schwarzenegger's determination to improve his accent was a part of his early efforts to establish himself in the industry.

Christopher Nolan's "Oppenheimer" is making a comeback on Imax screens near you for a one-week encore presentation. Starting Friday, the blockbuster historical drama will return on the big(gest) screen, including six Imax 70mm film locations across US, United Kingdom and Australia. Reemerging during a tranquil phase for the box office, at a time of no major releases over the weekend, «Oppenheimer» is expected to reclaim much of the Imax spotlight. Disney's superhero spectacle "The Marvels," is likely to dominate Imax theaters upon its release on November 10. Starring Cillian Murphy as the renowned «father of the atomic bomb,» «Oppenheimer» amassed a staggering $946 million globally, becoming the third-highest-grossing film of the year and the second-highest-grossing R-rated film in cinematic history. During the press tour last summer, Nolan championed the use of Imax cameras, leading ardent fans to journey across state lines in pursuit of the optimal viewing experience.

Judy Nugent, who played one of the twins on The Ruggles and a girl who flies around the world in the arms of Superman in a wonderful Adventures of Superman episode, has died. She was 83 years old.

Five Nights at Freddy's," the spine-chilling adaptation of the popular video game by Universal and Blumhouse, has stormed into the box office with a staggering $80 million in North America and a jaw-dropping $132 million globally. What's even more astonishing is that this $20 million-budgeted horror flick, which also simultaneously streamed on Peacock, the NBCUniversal-owned platform, achieved this phenomenal success within just three days of its release. This horror sensation has already left its mark by surpassing the entire global earnings of 2022's «Halloween Ends» ($104 million) and is set to overtake 2021's «Halloween Kills» ($133 million).

Botched" is an E! reality series featuring plastic surgeons Dr. Paul Nassif and Dr. Terry Dubrow. Nassif focuses on procedures from the neck up, while Dubrow handles head-to-toe work. Dr. Dubrow was previously involved in the Fox reality show «The Swan.» Both Nassif and Dubrow have connections to Real Housewives stars, with Nassif having been married to Adrienne Maloof and Dubrow to Heather Dubrow.

Aaron Tveit and Sutton Foster are all set to replace Josh Groban and Annaleigh Ashford in Sweeney Todd: The Demon Barber of Fleet Street on Broadway. Ashford and Groban will play their final performance on January 14, 2024. Aaron Tveit and Sutton Foster will step into the roles of Sweeney Todd and Mrs.

K-pop group LOONA, is adored by fans worldwide. Born on October 19, 2000, Heejin embarked on a journey to shape herself and her career, aspiring to become a K-pop sensation. She later joined Blackberry Creative, LOONA's management company.

Miriam Margolyes has expressed her admiration for Matthew Perry, acknowledging him with affection a few weeks after she shared her «regret» about a question she posed to the renowned Friends star during her appearance on The Graham Norton Show. Margolyes, known for her roles in ‘The Age of Innocence’ and ‘Harry Potter and the Philosopher's Stone,’ graced the BBC chat show in 2020 alongside the late Perry, who passed away on Saturday, October 28.