Mike Jeffries, Former Abercrombie CEO, Arrested in Sex Trafficking Case
Mr. Jeffries and two others were arrested in connection with a federal sex-trafficking and interstate prostitution investigation. Source link
PM Modi & his Spanish counterpart to inaugurate C-295 FAL in Vadodara on October 28
NEW DELHI: Prime Minister Narendra Modi & Spanish PM Pedro Sánchez will jointly inaugurate the final assembly line (FAL) of the Tata Advanced Systems C-295 aircraft facility in Vadodara on Oct 28. This is a major milestone for India’s defence manufacturing sector and strengthens the growing relationship between India and
Stock market crash: BSE Sensex plunged over 930 points to settle at 80,220.72; Nifty50 below 24,500-check out top reasons | India News
The Indian equity benchmark indices, BSE Sensex and Nifty50, experienced notable declines on Tuesday, driven largely by major stocks like Reliance Industries and HDFC Bank. The Sensex fell 930.55 points, closing at 80,220.72, while the Nifty50 dropped 309 points to finish at 24,472.10. The rupee also weakened against the US
‘Over 2.7 lakh Vistara bookings for travel after November 12 migrated to Air India’
NEW DELHI: Over 2.7 lakh passengers who had booked Vistara flights to travel on and after Nov 12, 2024, — when the airline merges into Air India — have been issued new tickets for travel on AI. However, the Tata Group has confirmed that for the next few months those
Paytm posts first net income after selling assets to Zomato
Paytm reported its first-ever net income, helped by a gain from the sale of its events business as the Indian fintech pioneer fights to rebound from regulatory setbacks.The company, which trades as One 97 Communications Ltd., reported net income of 9.3 billion rupees ($111 million) in the quarter through September,
In a Malaysian Pop-Up City, Echoes of China’s Housing Crash
Forest City was an audacious $100 billion project by a top Chinese developer. Today, the project is a fraction of what had been planned and the developer is broke. Source link
Prosus eyes more IPOs in India portfolio
MUMBAI: Even after its failed bet on Byju’s, which was once India’s most valued startup, Dutch technology investor Prosus remains bullish on the country’s market.The company will continue to invest in India and remains excited about the country’s prospects, Fabricio Bloisi, CEO at Prosus and Naspers, said. Prosus, which is
Poonawalla to acquire 50% in Dharma Productions for 1,000 crore
NEW DELHI: Adar Poonawalla-led Serene Productions announced that it will invest Rs 1,000 crore into Karan Johar’s Dharma Productions and Dharmatic Entertainment. Serene Productions will hold a 50% stake in Dharma, with Karan Johar retaining the remaining half.The collaboration aims to transform content creation, distribution and audience engagement by integrating
Ward Christensen, Early Visionary of Social Media, Dies at 78
Housebound during a 1978 blizzard, he and a friend began devising the first computer bulletin board, a forerunner of online services like Reddit, TikTok and Facebook. Source link
Hyundai IPO GMP: Grey Market Premium surges to 5% over issue price as India’s largest IPO lists tomorrow
In the grey market, Hyundai’s shares are currently trading at Rs 2,067. Hyundai IPO listing: The grey market premium (GMP) for Hyundai’s IPO has experienced a significant turnaround, rising to 5% from a previous dip of -3%. This shift in GMP indicates an improvement in investor sentiment surrounding Hyundai, suggesting