Strategy Financial News

14.11 / 00:35
markets Entertainment Strategy film Trade Experts CFM ARC wins bid for defunct Carnival Cinemas
CFM ARC has emerged as the winning bidder for defunct Carnival Cinemas. This follows CFM offering ₹78 crore to take over Carnival's ₹1,290 crore debt from rival JC Flowers ARC, which did not get any challenging bid by the October 31 deadline, people familiar with the matter said.
14.11 / 00:35
markets IPO Waves Target Strategy Trade Experts Swiggy tops expectations with best major listing in a decade
Swiggy on Wednesday listed at a 5.6% premium to its initial public offer (IPO) price of ₹390, making it the first company with issue size of over ₹10,000 crore in the past decade to have listed above the offer price. The stock closed 17% above its issue price at ₹455.95 in a weak market, surpassing analysts' expectations of a tepid debut. The company's market capitalisation at close on Wednesday was ₹1.02 lakh crore.
13.11 / 21:23
markets Entertainment Strategy CBS blues Features Interviews Blue Bloods Series Finale and Retrospective Special: Here’s release date, time and where to watch
CBS has announced the series finale of Blue Bloods, which will conclude its successful 14-season journey.
13.11 / 21:23
markets Fox Strategy Election Experts reports Interviews Melania Trump skips tea invitation from Jill Biden even as Donald Trump meets Joe Biden. Here's why
Melania Trump has skipped a meeting with Jill Biden, while their husbands held a traditional meeting at the White House on Wednesday. Two hours before US President-elect Donald Trump and President Joe Biden were to meet, the office of Melania Trump said in an X post, «Mrs Trump will not be attending today's meeting at the White House.» «Her husband's return to the Oval Office to commence the transition process is encouraging, and she wishes him great success,» it said. Her office did not give a reason for her not taking up First Lady Jill Biden's invitation for tea.
13.11 / 21:23
markets Strategy love Experts PAM stars reports First child on Mars: Woman wants to be the first person to give birth on the red planet with help of Elon Musk
Mars. Elsa Thora, a model, asked Elon Musk to help her become the first space mother, saying she would like to be the Adam and Eve of Mars. The risqué model has changed her goal posts to a new, more bizarre aspiration after expressing her desire to be the first person to make love in space, as quoted in a report by the Daily Star. Swedish OnlyFans star Elsa Thora, who lives in the UK, has stated that she wants to be the first person to give birth on Mars in order to contribute to the planet's population, and she needs Elon Musk's assistance to accomplish this.
13.11 / 21:23
markets Strategy Election Experts PAM social reports Guest who does not want to go home? Reports say, post Donald Trump victory in U.S election, Elon Musk hasn't left Mar-a-Lago
Elon Musk has become a prominent figure in US President- elect Donald Trump's post-election activities while he is pretty frequently visiting Mar-a-Lago and engaging quite closely with Donald Trump and everyone. According to DailyBeast, Elon Musk has been dining with Donald Trump and his family while also participating in discussions with world leaders and influencing staffing decisions for the upcoming administration. DailyBeast reported that in spite of not holding an official position, Elon Musk's presence has raised eyebrows among Donald Trump's transition team while Elon Musk is being perceived as the ‘guest who wouldn’t leave’. Also Read: Silo Season 2: Check out release date, time, where to watch, episode schedule, plot and cast
13.11 / 21:15
Progressive Fox Strategy President prevention Interviews International Dockworkers' union walks away from negotiations with East and Gulf Coast employers
‘The CyberGuy’ Kurt Knutsson discusses striking dockworkers demands on 'The Bottom Line.'
13.11 / 18:27
markets Digital Strategy Software Experts track Inside Banking on tech: Lenders keep an eagle 'AI' on mule accounts
mule accounts, deploying AI tools to track suspicious patterns like dormant accounts receiving large credits or multiple accounts showing identical recurring transactions simultaneously. Financial technology companies such as Bureau, Clari5 and Datasutram are helping banks deploy AI-based fraud detection systems that can detect issues like mule accounts — bank accounts criminals use to launder money, often without the account holder's knowledge — in real time, rather than waiting for defrauded customers to raise a complaint. Lenders are using AI tools to constantly analyse their savings and current accounts. Whenever there is an anomaly spotted by these software systems, red flags are raised for subsequent investigation, industry insiders told ET.
13.11 / 18:27
markets Digital Ball security Strategy reports cricket When flying ants halt India-South Africa T20 Match
Players were forced to leave the field as the insects swarmed the playing area. «Play has been halted due to a small pest problem. 'Flying ants' are running amok at the stadium, so we will wait for them to disperse before resuming play,” Cricket South Africa reported on X. The match resumed after a 30-minute delay.
13.11 / 16:27
markets Strategy Election Celebrity Courts wrestling Delhi High Court seeks Centre's stand on Punia, Phogat's plea over WFI administration
Delhi High Court on Wednesday sought the stand of the Centre and the WFI on a plea by celebrated wrestlers Bajrang Punia, Vinesh Phogat, Sakshi Malik and her husband Satyawart Kadian pressing that affairs of the federation be taken over by an IOA-ad hoc committee or a retired Supreme Court or High Court judge. Justice Prateek Jalan issued notice on the application by celebrated wrestlers Bajrang Punia, Vinesh Phogat, Sakshi Malik and her husband Satyawart Kadian which sought to restrain the present management of the WFI from taking any steps towards holding any selection trials. The court asked the Centre and the WFI to file in two weeks their response to the application, which forms part of the wrestlers' petition against the elections held in federation, and listed the matter for hearing on December 12.
13.11 / 15:57
markets UPS Digital Man security Strategy ‘Scariest 5 minutes of my life’: Bengaluru woman shares startling auto ride experience
In her tweet, she explained that while riding in an auto, she suddenly felt someone touching her from behind. Fearing the worst, she glanced back and was startled to find a young child sleeping there. “Scariest 5 mins of my life. This was me in an auto in Bangalore. I felt like someone was touching me from behind, saw a kid sleeping over there," she wrote, adding that she initially wondered if the child had been kidnapped.
13.11 / 15:57
markets security Strategy Sustainability blues International Leading Indian business group uses Russian tech to revolutionise construction industry
Flujo Brand GFRP-Rebars aiming to boost Indian market by Innovative Construction Solutions. The DS Jindal Group, a prominent name in the steel and plastic pipe industry, has entered the Glass Fiber Reinforced Polymer (GFRP) rebar market under its brand, “Flujo". This initiative, spearheaded by Managing Director Sahil Jindal, is poised totransform the Indian construction landscape by offering an advanced, non-corrosive alternative to TMT rebars.
13.11 / 15:57
markets COST Strategy awards wellness band MFIs reduce lending rates as RBI voices concerns
microfinance lenders have reduced lending rates in the past couple of months amid heightened regulatory scrutiny on the pricing policy adopted by these financiers that service the bottom of the consumer pyramid. The Reserve Bank of India (RBI) was conducting a scrutiny over the past six months or so, and that culminated into the decision to bar errant lenders from doing business from October 21 for charging «excessive» interest rate spreads over their cost of funds. Both Arohan Financial Services and Asirvad Micro Finance — the two NBFC-MFIs penalised — have submitted fresh plans to the regulator. Arohan promised to reduce rates by about 200 basis points while Asirvad said it would lower rates by around 300 bps once they are allowed to resume business, people familiar with the matter said.
13.11 / 15:45
markets Strategy Sustainability Netflix Universities Schools Features Arcane Season 2 Part 2: Here’s release date, time, where to watch and upcoming episode schedule
Netflix’s Arcane returns with its Season 2, which resumes the ongoing story of power struggles, personal turmoil and alliances in the League of Legends universe.
13.11 / 15:45
markets Strategy Sustainability Patrick RAI show Schools Landman: See premiere date, episode schedule, plot, cast and production team
Landman, on November 17, 2024. The show will offer a detailed look into the Texas oil industry.
13.11 / 15:45
markets Digital Strategy Remark Election President Experts Donald Trump Jr. has bagged a new job, but it is not in his father's next administration
Donald Trump Jr. has recently announced that he will be joining the venture capital firm named 1789 Capital while he is opting out of a formal role in his father’s administration following the recent US Presidential election victory. According to Independent, during a conference for Republican donors hosted by JD Vance's Rockbridge Network, Donald Trump Jr. eventually revealed about his new position as a partner at the 1789 Capital. Independent reported that 1789 Capital which mainly focuses on investments in conservative-oriented businesses also includes the media startup of Tucker Carlson. At the age of 46 only, Donald Trump Jr. has been pretty influential in his father’s political endeavors which also include the support for JD Vance as the US Vice Presidential candidate while fostering ties with potential administration appointees like Robert F. Kennedy Jr. Also Read: Donald Trump to conduct mass firings early into his second term? Two million federal workers are scared and anxious
13.11 / 14:41
markets MET Cooper Strategy Research Relationships ISRO proposes to build Earth Observation satellite for Mexico
Indian Space Research Organisation (ISRO), confident in its plans to launch the NASA-ISRO Synthetic Aperture Radar (NISAR) Earth Observation Satellite early next year from the Satish Dhawan Space Centre (SDSC), has shown interest in building an Earth Observation (EO) satellite for Mexico to further deepen the 75-year-old diplomatic relationship between the two nations in 2025. Mexico's Ambassador to India, Federico Salas met ISRO Chairman S Somanath at Antriksh Bhavan in Bengaluru on Wednesday. The two highlighted the successful cooperation between the two space agencies. Ambassador Salas emphasized the need to broaden cooperation with the Mexican space agency—Agencia Espacial Mexicana (AEM)—and expand collaboration with the Latin American and Caribbean Space Agency (ALCE), which comprises several countries, for the peaceful use and exploration of outer space. According to a statement from ISRO, Ambassador Salas expressed gratitude for India’s support in space technology applications, particularly in areas such as forest fire monitoring and agricultural drought management.
13.11 / 14:41
markets Digital CEO Strategy Election stars reports Massive layoffs coming soon: CNN to sack hundreds including top stars due to dismal election ratings
CNN is reportedly facing significant layoffs as part of a major restructuring effort which is actually aimed at reviving its struggling reputation following disappointing US Presidential election ratings, reported DailyMail. According to a report from Puck, CNN executives are planning to cut hundreds of jobs which will specifically affect the production staff while on the other hand, on-air talent might also see some major changes. DailyMail reported that this comes following the network's viewership eventually plummeted with only 5.1 million viewers on the night of US Presidential Elections while severely trailing behind MSNBC and Fox News. Also Read: Despite being battered by Republicans, pollster Nate Silver sees hidden good news for Democrats from US election results; here's why
13.11 / 14:41
markets Strategy Analysis Trade Experts reports Alkem Labs Q2 Results: Net profit rises 11% to Rs 689 crore
Alkem Laboratories on Wednesday posted a 11% year-on-year (y-o-y) jump in net profit to Rs 689 crore in Q2FY25 led by growth in domestic formulation sales. The company reported Rs 620.5 crore in the corresponding quarter of the previous year.
13.11 / 13:57
markets Platform Strategy Matthews Patrick Research Trade Goldman Sachs' 95 new partners: The full list
It's Goldman Sachs partner day. The firm just announced a new list of 95 partners, its highest number since at least 2016, when it announced 84 new partners. The last time partners were announced, in 2022, there were only 80 on the list. 
13.11 / 13:47
markets Google Platform Strategy Apple reports Videos Apple to announce AI wall tablet as soon as March: report
Apple is planning on launching a wall-mounted display that can control appliances, handle video conferencing and use artificial intelligence to navigate apps, Bloomberg News reported on Tuesday, citing people with knowledge of the effort. The product, code-named J490, could be announced as early as March, the report said, adding that it will spotlight the new AI platform, Apple Intelligence. Apple did not immediately respond to a Reuters request for comment.

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