Business
November 14, 2024
2 views 5 mins 0

Loss-making companies pay royalty too: Sebi

MUMBAI: Some listed Indian companies make royalty payments, mostly to promoters, at the cost of shareholders, a study by markets regulator Sebi showed. The study found that one out of four companies paid royalty at more than 20% of their net profit while some paid royalty, but didn’t pay dividend to shareholders.There were also instances […]

Business
November 14, 2024
5 views 7 mins 0

Diamond Sports reaches key milestone toward exiting bankruptcy

Jose Siri, #26 of Major League Baseball’s Houston Astros, steals second base as Dansby Swanson, #7 of the Atlanta Braves, is unable to handle the throw from Travis d’Arnaud, #16, in the eighth inning during Game 3 of the 2021 World Series at Truist Park in Atlanta on Oct. 29, 2021. Daniel Shirey | Major […]

Business
November 14, 2024
3 views 3 mins 0

Adidas signs first NIL deal with girls' high school basketball player

Adidas has signed Kaleena Smith as the bradn’s first NIL high school basketball player. Courtesy: Adidas Adidas has signed one of its youngest female athletes yet. The German sports apparel brand on Thursday announced the signing of Kaleena Smith as its first high school girl’s basketball partner under a name, image and likeness, or NIL, […]

Business
November 14, 2024
3 views 9 mins 0

Disney stock surges on streaming growth, guidance

In Disney and Pixar’s “Inside Out 2,” Joy, Sadness, Anger, Fear and Disgust meet new emotions. Disney | Pixar Disney reported its fiscal fourth-quarter earnings Thursday, narrowly beating analyst estimates as streaming growth helped propel its entertainment segment.  The streaming business’ growth and profitability — combined with a blockbuster summer at the box office and […]

Business
November 14, 2024
2 views 4 mins 0

Disney doesn't plan to change its TV networks portfolio anytime soon

Scene from the FX series Shogun. Source: Disney | FX Disney has done the math on separating its TV networks business, and it appears too messy to be done — at least for now. The company’s chief financial officer, Hugh Johnston, said Thursday on CNBC’s “Squawk Box” that the “cost is probably more than the […]

Business
November 14, 2024
2 views 2 mins 0

Is Ola Electric A Liar? Claims 99.1% Complaint Resolution; CCPA Orders Probe

CCPA Orders Probe On Ola Electric: Ola Electric, an Indian electric two-wheeler manufacturer, has been making headlines since its inception for various reasons, including complaints about its electric scooter and after-sale service quality. Recently, Bhavish Aggarwal-founded Ola Electric found itself in big trouble as thousands of customers raised complaints, prompting intervention by the Central Consumer […]

Business
November 14, 2024
3 views 10 mins 0

Reliance And Disney Complete Rs 70,352-Crore Mega Media Merger

Last Updated:November 14, 2024, 18:45 IST Reliance Industries holds a 16.34 per cent stake in the JV, while its step-down unit Viacom18 holds 46.82 per cent and Disney the rest 36.84 per cent. Nita M Ambani will be the Chairperson of the JV, with Uday Shankar as Vice Chairperson providing strategic…Read More The JV is […]

Business
November 14, 2024
3 views 4 mins 0

Dogecoin soars after Trump election win: What you need to know

Dogecoin, a cryptocurrency known for its Shiba Inu dog mascot, has experienced a significant price increase since Donald Trump’s presidential election win. Dogecoin’s value more than doubled from less than 16 cents before election day to nearly 38 cents as of Wednesday afternoon, according to CoinDesk. The surge follows a broader trend of cryptocurrency growth, […]