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Stock Market Today: Domestic equity benchmarks Sensex and Nifty gave up initial gains and settled lower on Thursday, September 28, tracking volatility on F&O expiry and dragged by weak global cues. The Nifty 50 closed at 19,523.55, down 192.90 points, or 0.98 per cent.

By Marc Jones

Investing.com -- U.S. stock futures hint at a lower open, as the main indices on Wall Street are on track to post their worst month of 2023. Meanwhile, Micron Technology (NASDAQ:MU) shares fall steeply in premarket trading after the U.S. chipmaker announced a wider-than-expected first-quarter loss forecast, and Facebook-owner Meta Platforms (NASDAQ:META) unveils a host of new artificial intelligence-powered products.

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Domino's delivery guy can be seen delivering a pizza in a traffic jam! The video was shared by one Rishivaths, who is said to be working at Flipkart. According to Rishivaths, he ordered a pizza from Dominos during a traffic jam on an unnamed Bengaluru road. To his surprise, Domino's delivery agents tracked his live location and delivered the pizza even in the traffic jam. «When we decided to order from @dominos during the Bangalore choke, They were kind enough to track our live location (a few metres away from our random location added in the traffic) and deliver to us in the traffic jam,» Rishivaths wrote on Twitter. Commenting on the video, one X user said, «For this exceptional service they surly deserve a huge tip!» «Just imagine… if half of the commuters placed order for online food,» quipped another. "'Domino's fulfilling their 30-min delivery promise'...this is awesome...?? On another note, take a moment to consider these delivery personnel.

Fintech startup Cred has entered the vehicle management space and launched a new platform, called Garage, through which it will seek to help users renew their car insurance, and recharge FASTags, among other activities. Through Garage, Cred is looking to offer users a single dashboard that will allow them to access a round-the-clock concierge service for roadside assistance, help them manage documentation, including their driver’s licence and registration certificate. It will also provide insights on their vehicle spends.

Legal inquiries ordered by PwC Australia into its tax leaks scandal found a “combination of multiple failings” by individuals and the firm’s governance, culture and accountability systems.

While the tale of customers getting frustrated with late deliveries is a dime, a dozen, Domino’s Pizza, one of India’s top pizza outlets, is currently going viral for taking prompt delivery service to the next level. Taking to X (formerly Twitter), a very happy customer named Rishi Vaths, shared a video of two delivery executives braving the infamous traffic jam in Bengaluru to ensure the client receives piping hot pizza on time. They are seen stopping their scooter in the midst of a jam, to hand over the pizza packets to the client, waiting inside a car.

By Nathan Layne and Kanishka Singh

Siddhartha Khemka, V-P, Head of Research (Retail), MOFSL, says “Reliance Industry’s core business which is facing headwinds, will not see recovery in the near term. Jio Financial post listing has not seen much excitement. The telecom business has been pretty stable though. All put together, we would not see a huge upside but I would expect it to remain steady in terms of share price movement for the next couple of weeks.” Do you think the triggers are in place for a meaningful up move from Reliance from these levels? In Reliance, there have been multiple headwinds. If we look at their last few AGMs, they have heavily invested into new-age or the alternate fuels where a few years back, they were talking about net debt-free and cash surplus. Again, with the investment cycle coming up, the core business is getting some pressure. The Singapore GRMs have come off from their highs and that is also hurting the oil business. If you put together all the pieces, the core business where there are headwinds, will not see recovery in the near term. We saw the Jio Financial listing but post listing, there has not been much excitement there. The telecom business has been pretty stable though. All put together, we would not see a huge upside but I would expect it to remain steady in terms of share price movement for the next couple of weeks.

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Jim Ryan will retire next March after almost 30 years at the Japanese firm. CEO Kenichiro Yoshida praised Ryan for overseeing the launch of the PlayStation 5 during the Covid pandemic and putting it «on track to become (Sony's) most successful console yet». Ryan joined Sony Interactive Entertainment (SIE) in 1994 and held a number of senior positions before becoming CEO of the division in 2019. «I will leave having been privileged to work on products that have touched millions of lives across the world,» Ryan said in a statement. He said he was finding it «increasingly difficult to reconcile living in Europe and working in North America». Group chief operating and finance officer Hiroki Totoki will be interim CEO of SIE from April 1, Sony said. Sony shares were down 1.33 percent on Thursday following the announcement, in a falling market.

Investing.com — Oil prices jumped more than 3% Wednesday, with U.S. crude hitting a 10-month high above $94 a barrel, as traders responded to another weekly drop in crude stockpiles in the United States even as demand for fuels fell amid a seasonal decline in road travel.

This is part of a series of interviews with the winners of The Economic Times Startup Awards 2023. When computer science undergrads Anirudh Sharma and Rahul Rawat attended a conference organised by the Indian Space Research Organisation a few years ago, little did the two Lovely Professional University students know that winning the best student research award for their paper on ‘smoke detection in space’ would give them the boost they needed to start their venture in spacetech.

Egypt's Tourism and Antiquities Minister Ahmed Issa says they are seeking to double the number of tourists in the next five years, to reach 30 million visitors by 2028

Click here! Meanwhile, domestic equity benchmarks Sensex and Nifty snapped a six-day losing streak and settled higher on Wednesday over strong macroeconomic indicators and positive trends in Asian markets. The frontline indices however, opened in a negative territory tracking weak global cues and rebounded in the second half of the session.

Click here! “Pixel event invites also just went out. We are descending into the most fun time of the year, tweeted Marques Brownlee, a popular American YouTuber on X (formerly known as Twitter) The leaked information regarding the Pixel 8 series has provided insights into the potential appearance of the smartphone. The design of Pixel 8 series is not anticipated to undergo significant changes following the introduction of a visor-like camera module in the Pixel 7 series, but there might be a shift from a curved display to a flat one in the Pixel 8 Pro.

The chairman of Crown Resorts says US investment giant Blackstone underestimated the amount of work that would be required to transform the casino giant’s culture and systems following years of scandal, but is confident it is on track to regain its licences early next year.

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Investing.com — The U.S. dollar steadied Wednesday near to new 10-month highs on worries of higher U.S. interest rates, while the euro and sterling fell to six-month lows.

By Harry Robertson and Julie Zhu