US equity futures trading higher, Netflix stock price in focus
After the major averages prolonged a losing skid during Thursday’s regular session, US stock futures increased on Friday as investors continued to evaluate the prospects for growth and monetary policy. S&P 500 futures increased by roughly 0.26%, while Nasdaq Composite futures increased by 0.42%. Netflix is trading 5.67% higher in the pre-market session on Friday after higher-than-anticipated subscription data. Following the announcement that it added 7.66 million subscribers in the last quarter of 2022, easily exceeding the 4.5 million average projection, Netflix Inc. saw a rise in after-hours trade.
Anand Mahindra to hand over XUV400 Exclusive Edition to the highest bidder
Mahindra & Mahindra’s Chairman, Anand Mahindra will be auctioning and handing over a one-of-its-kind, exclusive edition of the XUV400 electric SUV. The eSUV will be handed over to the highest bidder at the auction and the proceeds will be given for a social cause and distributed amongst Mahindra Sustainability Awards winners towards clean air, clean energy, green Mobility and Clean Water. The winner will also get an exclusive pass to witness India’s inaugural round of the all-electric FIA Formula E championship in Hyderabad on February 11th, 2023.
Swiggy job cuts: Food, grocery delivery unicorn lays off nearly 400 employees, shuts down a unit to save cost
Foodtech unicorn Swiggy has decided to cut at least 380 jobs in a restructuring exercise announced in an emergency town hall meeting this morning, said three sources aware of the development. Swiggy, which offers both food and grocery delivery, has also decided to shut down its meat delivery marketplace as a cost-cutting measure, sources said. Swiggy layoffs have impacted multiple roles across various functions including a few employees at the senior management level as well.
Navy to get `VAGIR’ sub next week; no Air-independent Propulsion?deployed
Early next week Indian Navy is all set to commission the fifth Kalvari class submarine Vagir – which will then become `INS Vagir’. So far the Indian Navy has commissioned four Kalvari class submarines under Project 75. The commissioning of another submarine will help in enhancing the navy’s capabilities to further the country’s maritime security in the Indian Ocean Region and beyond.
This submarine as reported earlier is being built by the Mazagon Dock Shipbuilders (MDL) Mumbai and is under collaboration with M/s Naval Group, France. The commissioning will be on Jan 23, 2023, and the Chief of the Naval Staff Adm R Hari Kumar will be the chief guest.
Feast to eyes: Nature rolls out snowy carpet for Kedarnath Dham with heavy snowfall, rain predicted – Watch
Heavy snowfall with icy winds swept across several places in?Uttarakhand . Rudraprayag district also received snowfall with the famed Kedarnath Dham covered with snow. The Indian Meteorological Department (IMD) has predicted light to moderate rain accompanied with snowfall, thunderstorm at various places in Uttarkashi, Rudraprayag, Chamoli, Bageshwar and Pithoragarh districts of Uttarakhand.?
In a statement, the weather office further added that very light to light rain with snowfall or thunderstorms are likely to occur at a few places in remaining districts of Uttarakhand. Snowfall is likely to occur at places with a height of 2500 meters and above.
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Air India urination case: DGCA imposes Rs 30 lakh fine on airline, suspends pilot’s license
Aviation regulator Directorate General of Civil Aviation (DGCA) on Friday imposed a fine of Rs 30 lakh on Air India and also suspended the license of the pilot-in-command for three months of the Air India flight over the urination incident allegedly involving Shankar Mishra.
The incident occurred on the New York-Delhi AI flight on November 26, 2022. The complainant had alleged that Mishra was in an inebriated state at the time of the incident and came upto her seat and relieved himself. Her FIR also stated that post the incident, the flight’s crew brought Mishra to the woman’s seat and forced her to negotiate with him.
Budget 2023: Important terms you should know before the Union Budget presentation
Finance Minister Nirmala Sitharaman is set to present the Union Budget 2023-24 in Parliament on February 1, 2023. As much as the country is waiting in anticipation for the budget, there are many of us who grapple with understanding the key terms that we come across while listening to the budget sp or even when reading about the budget. Let’s dive into these basic but important budgetary terms that will help in a better understanding of the Union Budget when it’s out.
Markets Wrap – Fri, 20 Jan ‘23: Stocks tank, rupee gains; Asia, Europe markets, Gold, Crude, Crypto updates
Domestic indices ended the week’s last muted trading session in the red. The BSE Sensex closed below 60,630 and the NSE Nifty 50 after moving in the range of?18,016.20 and?18,145.45 settled below 18,030. The top gainers of the BSE Sensex were Power Grid (up 1.20%), HDFC Bank (up 1.02%), HDFC (up 0.87%), ITC (up 0.78%) and Tata Motors (up 0.59%) while Hindustan Unilever Ltd (HUL) (down 3.84%), Asian Paint (down 2.79%), Bajaj Finance (down 2.57%), Nestle India (down 2.37%) and Bajaj Finserv (down 1.58%) were the losers. “Shaking off the weak lead from Wall Street, domestic indices attempted to trade higher due to economic optimism that stemmed from China’s reopening. However, concerns over the global economic slowdown eventually caught up and dragged markets lower. All sectors bled, barring banking stocks, ahead of the release of key earnings by private banking majors,” said Vinod Nair, Head of Research at Geojit Financial Services.
Shark Tank India 2: A look at Anupam Mittal’s Rs 185 crore net worth and lavish lifestyle
One of the most-watched business-based reality shows Shark Tank India is back with its season 2. This time, along with Anupam Mittal, Aman Gupta, Vineeta Singh, Namita Thapar, and Peyush Bansal, we have CarDekho co-founder and CEO Amit Jain on the show.
While all the sharks on the show are extremely successful in their respective filed, no one enjoys the kind of popularity Anupam Mittal does. A self-made billionaire, Anupam Mittal, the CEO and founder of Shaadi.com and the People Group started from scratch and won many hearts of the audience on the show owing to his knowledge of the subject matter and humility. Let’s take a look at his massive net worth and luxurious lifestyle.
Filmmaker SS Rajamouli: A look at the RRR director’s major sources of income and luxurious lifestyle
One of the finest filmmakers in the Indian film industry – SS Rajamouli is making India proud with his film RRR, starring Ram Charan and JR NTR. The film won the Best Original Song award for Naatu Naatu at the recently held 80th Golden Globes in Beverly Hills, California.?
RRR’s success at the international level has once again shifted focus on SS Rajamouli who continues to raise the bar with his every film. While SS Rajamouli had charged a whopping Rs 25 crore for the Baahubali franchise, he added a huge amount to his massive net worth with RRR. The film also starred Alia Bhatt and Ajay Devgn. Here’s a look at SS Rajamouli’s major sources of income and luxurious lifestyle:
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1 年EVs: The Future of Vehicles Electric vehicles are growing in popularity and certainty in mind space. Their growth, however, is still considered just a market problem. The end user should choose based on what cost to buy and run, or how it performs. Today in a competitive world, most people are moving from one place to another place for survival. So, they choose different types of vehicles to move. By using electric vehicles we can control pollution. To read more...