Strategy Financial News
10.12 / 01:15
markets
Strategy
Analysis
Food
Trade
Experts
AGRO
Agro Tech's Del Monte buy may trigger open offer
Agro Tech Foods' Rs 1,300- crore acquisition of Del Monte Foods is likely to trigger an open offer as the new shareholders' equity capital will surpass the stock held by the existing promoters, potentially altering the company's control dynamics, market experts said. Agro Tech Foods announced the acquisition of a 100% stake in Del Monte Foods last month. It will buy a 40.71% stake from DMPL India and the remaining 59.29% from Bharti Entities. As part of the deal, Agro Tech Foods will issue a total of 13.3 million shares on a preferential basis.
09.12 / 21:53
Aviat
Strategy
Boeing
War
show
performer
Investigations
Deadly 2022 air show crash in Texas was caused by a lack of proper planning, investigators say
Federal investigators say a lack of proper planning probably caused a deadly crash of World War II-era military planes at a 2022 air show in Texas
09.12 / 21:19
markets
Citizens
Strategy
Election
President
rapper
reports
Will Donald Trump take this big risk; use U.S troops to rescue hostages held captive by Hamas? His special envoy for hostages has this to say
US President- elect Donald Trump has pretty recently appointed Adam Boehler as his special envoy for hostage affairs which is a role that comes amidst the ongoing tensions related to hostages held by Hamas in Gaza, reported The Teleraph. According to the Telegraph, Adam Boehler, who has already and previously helped negotiate the Abraham Accords, has also being advocated for using US Special Forces to rescue hostages while suggesting that the US President Joe Biden administration's reluctance to use military force has put US citizen lives at huge risk. Currently, approximately 100 hostages are believed to be held by Hamas following the attacks on the month of October which resulted in numerous casualties. Also Read: After Diddy will Kanye West be arrested? Rapper accused of sending explicit messages to employee in planned $150 million lawsuit
09.12 / 21:19
markets
Strategy
Experts
show
reports
shock
Videos
Shocking Scene: Toddlers among freed inmates at Syrian notorious prison ‘Human Slaughterhouse’
Syrian rebels have taken control of the Saydnaya military prison near Damascus, freeing inmates held under brutal conditions. This event marks a significant turn in Syria’s prolonged conflict as the Assad regime collapses.
09.12 / 21:19
markets
Provident
Strategy
Experts
donates
Podcasts
Ashton Kutcher and Mila Kunis won't give a penny to their kids, they will shell out cash only if the siblings do this
Ashton Kutcher explained his and his ex-wife Mila Kunis's lack of intention to establish trust funds for their children. Due to their extremely successful acting careers, Ashton Kutcher and his wife Mila Kunis are said to have a combined net worth of $275 million; however, they have no plans to establish trust funds for their children in the future. The That '70s Show star previously stated that he and Kunis will not be providing their children with an allowance because they intend to instil a work ethic in them. This week, he claimed that toxic masculinity is the reason he raises his two young children differently, as quoted in a report by Express The US.
09.12 / 21:19
markets
Strategy
Death
community
outbreak
symptoms
Investigations
What is Disease X? Mysterious flu-like illness outbreak wreaks havoc in Congo
Disease X is spreading in the Democratic Republic of the Congo. This flu-like disease has caused significant concern due to its high infection and death rates. The World Health Organization (WHO) is working to understand and contain the outbreak.
09.12 / 20:35
COST
UPS
Strategy
innovations
Videos
OpenAI unveils Sora Turbo: From text to video in seconds
Accessibility & subscription plansSora’s availability is structured around user tiers:Plus Plan:Included at no additional cost with a ChatGPT Plus subscription.Allows up to 50 videos per month at 480p resolution or fewer at 720p.Pro Plan:Designed for heavier users with 10x more usage, higher resolutions, and longer durations.Tailored pricing plans will roll out in early 2025.OpenAI has emphasized transparency and safety during Sora Turbo's deployment.Videos include C2PA metadata to ensure users can verify if a video originates from Sora.Visible watermarks are added by default.Child sexual abuse materials and harmful deepfake content are strictly blocked.Initial limitations will apply to video uploads of individuals.OpenAI is continuing efforts to develop mitigations and monitor content to ensure safe use.A detailed system card outlines OpenAI’s strategy to maintain transparency and accountability.With the release of Sora Turbo, OpenAI hopes to fuel creativity by allowing individuals and creators to experiment with new forms of visual storytelling.
09.12 / 19:51
markets
Digital
Strategy
Software
country
reports
Assad in Moscow? Russia refuses to confirm reports
Bashar al-Assad had fled to Moscow, adding that it was «surprised» by the rebel takeover. «As for Mr Assad's whereabouts, I've got nothing to tell you,» Kremlin spokesman Dmitry Peskov told journalists. A Kremlin source told Russian news agencies on Sunday that Assad and his family were in Moscow, hours after he fled the country as Islamist-led rebels entered Damascus. Assad's son has been studying in the Russian capital.
09.12 / 19:51
Digital
Manufacturing
Strategy
economy
Experts
performer
electronic
PLI schemes brought in Rs 1.25 lakh crore investment: PM Modi
Prime Minister Narendra Modi said, while asserting that a large manufacturing base is important as the world needs an economy that continues to function strongly even during the biggest crises. Addressing the Rising Rajasthan Summit on Monday, Modi said development, led by the mantra of 'Reform, Perform and Transform,' is visible in every sector, and that every expert and investor in the world is very excited about India. He said the role of the PLI scheme — increasing manufacturing in India — is also expanding.
09.12 / 19:51
markets
Digital
Strategy
Software
singer
reports
strain
Is Jessica Simpson and Eric Johnson's marriage over? She is reportedly taking divorce tops from Kim Kardashian
Jessica Simpson turns to Kim Kardashian for some divorce advice as she and Eric Johnson are having marital issues. Kim Kardashian has always been admired by Jessica Simpson. She has been receiving 'divorce tips' from the 'I Wanna Love You Forever' singer as she gets ready to pull off the Band-Aid and end her relationship with Eric Johnson. Jessica hasn't decided anything yet. She's still looking into her options and talking to her friends, especially the ones who have kids who have gone through a divorce. It’s really not something she wants to do, as quoted in a report by Life & Style. Her divorce from Nick Lachey was beyond tough, and there were no kids involved, so she knows this will be 10 times worse. Kim is very much front and centre, but Jessica has a lot of great women in her life who have circled to be there and guide her.
09.12 / 19:51
markets
Strategy
wellness
stars
recommendations
infection
Is Queen Camilla seriously ill, what's going on with her health? She has pulled out of more scheduled appearances
Queen Camilla cancels another appearance, raising concern among people. Due to a persistent chest infection that has kept her out of events for weeks, Queen Camilla has cancelled more planned appearances. Beginning in early November, Her Majesty cancelled a number of engagements. Buckingham Palace even released a statement stating, that Her Majesty The Queen's doctors have recommended a brief period of rest due to a chest infection that she is currently suffering from. Her Majesty regretfully had to cancel her plans for this week, but she sincerely hopes to recover in time to attend the Remembrance events this weekend as usual. She expresses her regret to everyone who might have been harmed or let down by this. She ultimately had to cancel the Remembrance events as well.
09.12 / 19:51
markets
Reuters
Digital
Strategy
Software
country
'Iran in direct contact with new leadership in Syria'
Iran has opened a direct line of communication with rebels in Syria's new leadership since its ally Bashar al-Assad was ousted, a senior Iranian official told Reuters on Monday, in an attempt to «prevent a hostile trajectory» between the countries. The lightning advance of a militia alliance spearheaded by Hayat Tahrir al-Sham, a former al-Qaeda affiliate, marked one of the biggest turning points for the Middle East in generations. Assad's fall as president removed a bastion from which Iran and Russia exercised influence across the Arab world. Hours after Assad's fall, Iran said it expected relations with Damascus to continue based on the two countries' «far-sighted and wise approach» and called for the establishment of an inclusive government representing all segments of Syrian society.
09.12 / 17:57
markets
Digital
Strategy
Experts
country
politician
Didi warns B'desh politicians over 'claims'; supports centre
Mamata Banerjee on Monday expressed hope that the Indian foreign secretary's Bangladesh visit would be successful. «We expect the Indian diplomacy talks to be successful and expect peace to return,» she said. Speaking in the assembly, Banerjee gave a stern message to Bangladeshi politicians, especially after Bangladesh Nationalist Party leaders said at a public meeting in Dhaka that their country has legitimate claims over Bengal, Bihar and Odisha. «Those who are saying this do not have strength. We are conscientious citizens who are enduring the test of patience. When you capture us, do you think we will eat lollipops?» she said. She also urged people to remain calm and not get provoked by statements made in Bangladesh and slammed the Bangladeshi leaders for making provocative statements.
09.12 / 17:57
markets
Digital
Strategy
Experts
PAM
inclusion
India bats for Syria's territorial integrity
India also called for an inclusive Syrian-led political process that represents aspirations of all sections of the Syrian society that includes Alwaites (Hafez Al-Assad is an Alawite), Kurds and other minorities. In a clear-eyed statement, the external affairs ministry noted, «We are monitoring the situation in Syria in the light of on-going developments. We underline the need for all parties to work towards preserving the unity, sovereignty and territorial integrity of Syria. We advocate a peaceful and inclusive Syrian-led political process respecting the interests and aspirations of all sections of Syrian society. Our Embassy in Damascus is in contact with the Indian community, for their safety and security.»
09.12 / 17:57
markets
Digital
Platform
Strategy
Research
Experts
You thought China was behind? Researchers develop record-breaking 504-qubit quantum computer that can challenge the best
China has achieved a huge and significant milestone in the field of quantum computing with the introduction of the Tianyan-504 which is actually a powerful 504-qubit quantum computer, reported Interesting Engineering. According to Interesting Engineering, the record breaking computer has been eventually developed through collaboration between the China Telecom Quantum Group (CTQG), the Chinese Academy of Sciences and QuantumCTek while at the same time this advancement includes the Xiaohong superconducting chip which eventually sets a domestic record for qubit count. Also Read: Is Kevin Costner the hottest bachelor in town? Women are desperate to date him and have this to say
09.12 / 17:57
markets
Digital
Strategy
Experts
Celebrity
PAM
social
Jay-Z responds to child rape allegation, says he and Beyoncé will have a tough talk with their kids
According to the lawsuit, the girl, who had managed to enter the party, felt disoriented after consuming a drink. She alleges that Combs and Jay-Z, along with an unnamed female celebrity, assaulted her in a bedroom. The lawsuit seeks unspecified damages and is part of a broader effort by Buzbee, who stated he represents over 100 individuals with claims against Combs.
09.12 / 17:57
markets
UPS
Strategy
Research
Experts
show
Pharma market picks up pace, sees 10% value growth in Nov
Indian pharmaceutical market (IPM) recorded a growth of 9.9% in value and 3.1% by volume in November, according to data released by market research firm Pharmarack. After a weak performance in terms of volume growth for four months, November turned out to be a positive month for the sector, indicating a pickup in demand across key therapy areas in the acute and chronic segments, showed Pharmarack data. «Cardiac, gastro, anti-diabetes and derma have shown robust growth above the IPM growth of 9.9%,» said Sheetal Sapale, vice-president-commercial at the research firm. «Except for a few, all the top therapies have shown positive volume growth… Unit growth for a few therapies also is encouraging,» she added.
09.12 / 17:57
markets
Digital
Strategy
Experts
Justice
PAM
Hasina promises justice to victims of excesses under Yunus regime
Sheikh Hasina has promised justice to the victims of excesses committed under the Yunus regime and recalled she stepped down to prevent politics over dead bodies. She virtually delivered the speech at an Awami League meeting, organised in London on Sunday night. Yunus will be brought to justice soon, Hasina said, accusing the chief advisor of the interim government of masterminding the murder of activist Abu Sayed during the agitation against reservation in jobs.
09.12 / 17:49
markets
COST
Strategy
Software
economy
Trade
India's economic slowdown: How to keep it at 7-8%
Proximate causes for the slowdown are on the demand side. For several quarters now, growth in private consumption, the biggest component of GDP, has been sluggish. Private investment, the most important driver of GDP, hasn't taken off. Exports have done reasonably well, but are unlikely to be a major engine given the global context of slowdown and trade aversion in the advanced economies. Essentially, the economy was being driven by public investment, which has been pared back a little in the interest of fiscal consolidation. Was that a mistake? No. The public investment-led strategy has been in place for a few years now. It became the prime driver of growth when the banking and corporate sectors were under stress after a period of excess in the late 2000s-early 2010s. Banks needed time to reduce NPAs. Corporate balance sheets had to be deleveraged. That process is complete. The 'shock' effects of Covid and outbreak of the Russia-Ukraine war have also abated.
09.12 / 17:49
markets
Strategy
Software
HANS
Experts
PAM
reports
The Brummstein Peter Adolphsen
official opening of the Holloch Caves on July 1, 1906. Next to a picture of the Dolomite Hall it was reported that although only one kilometre of the caves had been made accessible to the public, the cave explorer Hans Widmer, who was the driving force behind the project, knew of even deeper caves. 'No one knows how deep Holloch goes,' he declared. 'We joke that it reaches all the way to hell, but of course we know it doesn't really.' 'You're wrong on two counts,' Josef whispered to himself. 'The caves go all the way down, but there's no hell at the bottom.' A poem composed by the local rhymester, Richard Hardmeier, in honour of the occasion was printed below the picture: Now open, gate to hell
09.12 / 16:47
markets
UPS
Strategy
Trade
reports
Department
International
Activist investors urge Macy's to create a real estate unit among other changes to boost stock
Activist investor Barington Capital Group is calling on department store retailer Macy’s to develop an internal real estate subsidiary, reduce capital expenditures, and explore strategic options for its Bloomingdale’s and Bluemercury chains among other...
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