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Politics
Dec 09, 2023

Ranbir Kapoor's 'Animal': Congress MP says justification of violence, misogyny in movie is 'shameful'

On Friday, Congress MP Ranjeet Ranjan expressed concern about the film.

She said that 'Animal' has hurt the religious sentiments by using the Punjabi war anthem 'Arjan Valley’ for a family feud that led to violence.

Animal has already earned Rs 361.08 crore in India and is now inching towards Rs 400 crore.

Trends
Dec 09, 2023

Aditya-L1’s SUIT captures full-disk images of Sun; check here

SUIT installed in the Aditya-L1 spacecraft had captured the first-ever full-disk images of the Sun in near ultraviolet wavelengths

This achievement by Aditya-L1 marks a significant milestone in ISRO's solar observation and research programme

SUIT payload was powered on November 20, 2023, and after a successful pre-commissioning phase, the installed telescope captured these images

MPW
Dec 08, 2023

BT MPW 2023: 'Sebi looking at viability of smaller SIPs for greater financial inclusion,' says Madhabi Puri Buch

Sebi chairperson Madhabi Puri Buch has said that the regulator is discussing with mutual fund houses and evaluating ways to make SIPs of just Rs 250 a month viable

Buch believes that lowering the SIP amount could lead to a similar jump that was witnessed when FMCG companies introduced shampoo sachets

November saw record flows through SIPs with Rs 17,073 crore pouring in

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MPW
Dec 08, 2023

BT MPW 2023: Nandini Piramal says Indian regulators don't have same quality standards as USFDA

Nandini Piramal highlighted disparities in Indian pharmaceutical quality standards, especially compared to global counterparts like the US FDA.

Stressing ethical responsibility, Piramal emphasized the direct impact on patients and the need for high-quality standards, citing recent inspections revealing gaps.

Piramal declared a current-year turnaround with revenue growth and improved EBITDA, expressing optimism for the pharmaceutical industry while addressing gender disparity and advocating transparent processes.

MPW
Dec 08, 2023

'Need to find ways to survive in my industry': At BT MPW 2023, filmmaker Zoya Akhtar speaks on creativity through female lens

At a session titled "Creativity Through The Female Lens", Akhtar explained that "Luck by Chance" didn't fit the typical Bollywood formula back then

The idea of accepting a unique film like "Luck by Chance" was less likely to resonate with a mainstream audience accustomed to conventional storytelling, she added

Akhtar mentioned that she initially secured support from a few actors before finding backing for her film

Start Up Today
Dec 08, 2023

Can Blinkit become bigger than parent Zomato? Here's what Zomato CFO Akshant Goyal believes is possible

Blinkit has the potential to become larger than Zomato's food delivery business in the next 3-5 years, Akshant Goyal, Chief Financial Officer of Zomato said

While still a relatively new business, Blinkit is experiencing rapid growth with its top line doubling year-on-year, he said.

Zomato has achieved profitability at a consolidated level, reporting profits in both June and September quarters of 2023.

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News
Dec 08, 2023

Steve Job’s written $4 cheque from 1976 sold for 30 lakhs in an auction; check details

The cheque, that has Jobs’ signature on it, was issued to electronics retailer Radio Shack

Jobs’ signature on a job application for employment as an “electronics tech or design engineer”, back from 1973 was sold for $174,757 (approx Rs 1.5 crore)

Back in November 2022, a man even paid $200,000 (approx Rs 1.64 crore) to buy a pair of old Birkenstock sandals owned and worn by the Apple co-founder Steve Jobs

Market Commentary
Dec 08, 2023

Sensex gains 304 points, Nifty briefly hits 21,000; Spencers jumps 17%; Praj tanks 10%

Indian stock markets settled decently higher on Friday.

BSE Sensex jumped 303 points; Nifty touched 21,000.

Broader markets ended lower; India VIX dropped 2%.

Investment
Dec 08, 2023

‘I am competing with Zomato, Swiggy!’: Edelweiss’ Radhika Gupta on why many resist investing in SIPs

Edelweiss’ Radhika Gupta said her plight is getting people to invest in SIPs

Gupta said people would rather spend on Swiggy, Zomato than spend in SIPs

Only 4 crore people in India invest in mutual funds, said Gupta

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Company Stock
Dec 08, 2023

Standard Capital announces record date for stock split & bonus issue

Standard Capital announced record date for stock split and bonus.

The NBFC will divide its equity shares in a 1:10 ratio on given date.

The bonus has been announced in a 2:1 ratio to reward investors.

In Focus
Dec 08, 2023

'Have at least one destination wedding in Uttarakhand', appeals PM Modi at summit

Prime Minister Narendra Modi asks couples to consider having at least one destination wedding in Uttarakhand.

This comes after the Prime Minister recently questioned the trend of "big families" organising weddings overseas

PM Modi, during his 107th 'Mann ki Baat' address, expressed concern over the popularity of overseas destination weddings among India's affluent families. 

Company Stock
Dec 08, 2023

Adani Green Energy shares snap 4-day upmove, slip 8% today; here's what analysts say

The counter was trading higher than the 5-day, 10-, 20-, 30-, 50-, 100-, 150-, 200-day simple moving averages (SMAs).

The scrip's 14-day relative strength index (RSI) came at 82.37.

A level below 30 is defined as oversold while a value above 70 is considered overbought.

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Company Stock
Dec 08, 2023

Adani Wilmar shares rebound 31% from 52 week low but overbought on charts; what’s next?

Total 5.65 lakh shares changed hands amounting to a turnover of Rs 21.73 crore crore on BSE.

The stock has lost 37.88% this year.

Adani Wilmar stock has a one-year beta of 0.8, indicating very low volatility during the period.

Investment
Dec 08, 2023

Bajaj Finance and start-up Fixed Invest tie-up for digital FDs

Fintech start-up Fixed Invest, which launched its fixed deposit (FD) marketplace recently, has partnered with Bajaj Finance to offer its customers and partners digital FDs.

Fixed Invest aims to process over Rs 100 crore worth of Bajaj Finance FDs on its platform in one year

The banking tech start-up was launched in 2023 with a vision to build a digital marketplace of banks and NBFCs

News
Dec 08, 2023

Google Gemini’s viral video showcasing AI powers was not done in real-time or using voice commands

Contrary to how the interaction looked in the video, the demonstration was not a smooth voice conversation with Gemini responding in real-time to its surroundings

The video was made by using still image frames from the footage and prompting Gemini via text

The AI in the demo was reading human-made prompts that were given to Gemini, and it was shown still images

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Company Stock
Dec 08, 2023

Adani Total Gas shares zoom 110% in a month; what's next on technical charts?

All listed Adani Group stocks -- including Adani Total -- have logged decent gains this week.

On technical charts, immediate support for Adani Total's stock could be seen at Rs 1,050.

On the higher side, resistance may be found around Rs 1,273.

News
Dec 08, 2023

‘He should be fired immediately’: Elon Musk reignites feud with Disney CEO Bob Iger

This ongoing spat between Musk and Disney dates back to Disney's decision to halt advertising on Musk's platform, X

He should be fired immediately, said Musk

He also accused Iger of tarnishing Walt Disney's legacy

News
Dec 08, 2023

OpenAI CEO Sam Altman named Time’s ‘CEO of the Year’ 2023

It is revealed that OpenAI reported a revenue of $28 million back in 2022, but it jumped to $100 million a month in 2023

Notably, Time Magazine also announced Taylor Swift as ‘Person of the Year’ and Lionel Messi as ‘Athlete of the Year’

Altman was ousted by OpenAI board members back in November this year

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Company Stock
Dec 08, 2023

Vikas EcoTech shares rebound after order win, conversion of warrants

Vikas EcoTech shares rebounded 4% in Friday's trading session.

The company has received orders for supply of specialty products.

The company also issued equity shares to promoters for warrants.

Politics
Dec 08, 2023

‘Truly disgraceful’: Shashi Tharoor on Ethics Committee report recommending expulsion of Mahua Moitra

Shashi Tharoor called ethics panel's report on Mahua Moitra 'truly disappointing'

Tharoor said that no proper procedure was followed in preparing the 'inadequate' report

The ethics panel has recommended the expulsion of Mahua Moitra from the Lok Sabha

News
Dec 08, 2023

Jon Rahm formally joins the LIV Golf ranks, will head new team

Jon Ram formally comes on board LIV Golf League roster for a reported $565 million and as head of his own team that will join the existing 12 from the 2024 season.

Move set to affect course of negotiations between PGA Tour and Saudi investment fund PIF that finances LIV Golf League.

LIV Golf commissioner and CEO Greg Norman says world number three from Spain is a generational talent and a proven winner.

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