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- Merck says experimental RSV treatment protected infants in trial, paving way for potential approval
Merck is discussing the study data with regulators worldwide, with a goal of making the treatment available for infants as early as the 2025 to 2026 RSV season. - Netflix third-quarter subscribers barely beat estimates as ad-tier members jump 35%
Netflix's ad-tier memberships jumped 35%. The company is on track to launch the service in Canada in the coming quarter and more broadly in 2025. - NFL's Browns plan to leave Cleveland stadium for dome in the suburbs
The Cleveland Browns plan to leave their Cleveland stadium for a new dome in Brook Park, Ohio. - Universal's Epic Universe theme park set to open in May 2025
Universal's Epic Universe theme park will open its gates on May 22, 2025, in Florida. - Teen tobacco use falls to 25-year low as fewer pick up e-cigarettes
Tobacco product use among middle and high school students has dropped to a 25-year low, federal agencies announced Thursday. - NFL stadiums could experience $11 billion in climate-related losses by 2050, a new report finds
As football stadiums are increasingly being used for concert venues, storm shelters and community events, the impact could be severe for the economy. - Infosys, Wipro ADRs fall over 4% following Q2 earnings on Thursday
Infosys reported a 5% rise in Q2 net profit, reaching Rs 6,506 crore. Driven by strong performance and mega-deals, the company raised its FY25 revenue growth guidance to 3.75%–4.5% from the previous 3-4%. - Vishal Mega Mart files updated IPO papers with Sebi; eyes Rs 8,000-cr
Supermart major Vishal Mega Mart on Thursday filed its updated draft papers with capital markets regulator Sebi to float Rs 8,000-crore through an initial public offering (IPO). - Havells India Q2 Results: Cons PAT rises 7.5% YoY, revenue jumps 16%
While yearly revenue jumped by 16.4% to Rs 4,539.31 crore, the company experienced a decline on a quarterly basis. Profit fell by 34.3% and revenue dropped by nearly 22% compared to the previous quarter. - Jindal Stainless Q2 Results: PAT up 2% at Rs 589 crore, sees tailwinds in domestic market
July-Sep quarter sales at Rs. 9746 crore remain flat as dumping from China and Vietnam continues, says company. - Tata Chemicals Q2 Results: Net profit falls 55% to Rs 194 crore
Tata Chemicals on Thursday reported a 54.67 per cent decline in its consolidated net profit at Rs 194 crore during the second quarter ended September 2024. The company's net profit stood at Rs 428 crore during the corresponding period of the previous fiscal, Tata Chemicals said in a regulatory filing. - Indian Overseas Bank Q2 Results: Net profit rises 24% to Rs 777 crore
State-owned Indian Overseas Bank on Thursday posted a 24% surge in net profit to Rs. 777 crore in the second quarter ended September 2024, due to interest income and onboarding of new customers. The bank had earned a net profit of Rs. 625 crore in the same quarter a year ago. - China's $562 billion loan push for unfinished homes disappoints
China's increase of the loan quota for unfinished residential projects to ¥4 trillion ($562 billion) fell short of expectations, causing a dip in property shares. Analysts criticized the move as incremental, while the government aims to stabilize the real estate sector and prevent a mortgage boycott. - Tren de Aragua: Trump puts "baby-faced" gangbangers in cross hairs
Donald Trump has criticised Kamala Harris for permitting millions of illegal immigrants into the US. He introduced Operation Aurora, pledging to use an 18th-century law to deport immigrant gang members if re-elected. The plan focuses on removing the Venezuelan gang, Tren de Aragua. The Biden administration's measures against the gang are seen as insufficient by Trump. - China prefers Harris over Trump as US president, says top Chinese official
Chinese advisory body member Jia Qingguo expressed a preference for Kamala Harris over Donald Trump for the next US presidency due to past confrontations and unpredictable policies under Trump. - Bowen: Sinwar's death is serious blow to Hamas, but not the end of the war
Netanyahu has won a big victory with the killing of Yahya Sinwar. But it is not the end of the war, nor of Hamas. - One Direction 'devastated' at Liam Payne's death
The star's former band members lead tributes to the singer, who died aged 31 after falling from a balcony. - Kenya’s deputy president sacked while in hospital
In a dramatic day in parliament, senators vote to oust Rigathi Gachagua following his impeachment. - US Secret Service has 'deep flaws' and must overhaul leadership, report says
An independent panel reviewing the shooting at Donald Trump's rally calls for the agency to overhaul its leadership. - US sanctions Chinese firms behind Russian drones, as Zelensky calls for 'pressure'
The US Treasury announces the move after the Ukrainian president called out China's involvement in Russian arms. - How Israel found and killed Hamas leader Yahya Sinwar
Israel had hunted the architect of the 7 October atrocities for more than a year. A chance encounter in Rafah got him. - France to cut prices in Martinique over cost of living unrest
However, the deal to cut food prices has been rejected by the group behind weeks of protests. - US bombers target underground Houthi weapon sites in Yemen
B-2 bombers were part of the operation that Houthi media said targeted areas around Sanaa and Saada. - How much food is Israel letting into northern Gaza?
Israel has been accused of deliberately withholding food aid from people in northern Gaza. - Infosys Q2 results: Nothing to celebrate or complain about, but will current valuations sustain?
While the management comments indicate prolonged weakness in the financial services vertical (27 per cent of revenues) may have bottomed out, it may be too early to get optimistic - Reliance Brands forms new JV with Mothercare Plc for South Asia market
RBLUK will acquire the stake for a cash consideration of £16 million - Jindal Stainless faces export challenges amid geopolitical strife and container shortages
Some of the European economies which were seeing green shoots - like Germany and France - have failed to sustain or rebound - Birla Tyres’ Balasore plant expected to restart production activities from FY26
Himadri and Dalmia Bharat Refractories had participated in the corporate insolvency resolution process of the tyre maker and jointly acquired the company for ₹306 crore - With general elections done, Centre and States accelerate spending in July and August 2024
businessline’s analysis of ministry-wise expenditure from April to August 2024 shows that 8 out of the top 15 Central government ministries have accelerated spending in August - IFBA releases report on food wastage, suggests policy actions and global collaboration
The report addresses the pain points, recommendations to fight supply chain issues - SC upholds Section 6A of the Citizenship Act as valid law
Section 6A, which traces its roots to the political solution of Assam Accord of 1985, mandates that immigrants who entered Assam from Bangladesh prior to January 1, 1966, would be deemed to be Indian citizens - IT Department comes out with fresh guidelines for compounding of offences
Simplifies procedures and reducing compounding charges - Letters to Editor
- Editorial. China market stimulus may not impact India’s FPI flows
While foreign funds may be buying Chinese equity for the short-term, the Indian market offers better returns for long-term investors - UST announces winners of fourth D3CODE global hackathon event
Event was held in India, US, UK, Mexico, and Malaysia attracting 7,000 registrations and 800 tech ideas in all - UST hosts inaugural ‘UST Trivandrum Marathon’ in Thiruvananthapuram
Winners of categories of marathon, a proposed annual event, won total cash prize of ₹22 lakh - India says crisis in relationship with Canada due to Trudeau government’s baseless allegations
Economic ties with Canada robust; Ottawa large beneficiary of linkages and ties: MEA Spokesperson - IMF does a volte-face on forex market management
It actually advocates central bank, government intervention to mitigate risks; admits flexible exchange rates may not work - Labour Ministry working on social security policy for gig, platform workers; to be ready by Feb
Enrolment of platform workers by aggregators on eShram portal to be launched on Monday - NKT expands operations in India with a new competence centre in Chennai
The centre will provide technical services for tendering and project execution on NKT projects worldwide - Wipro records 21% rise in profit at ₹3,209 cr in Q2
Revenues grow marginally to ₹22,302 crore - Call to initiate awareness programmes for sawfish conservation
They suggested avoiding or restricting gillnetting in natural habitats of sawfishes, releasing them caught in the fishing nets and adopting the best practice code of coastal development - CBoI’s Q2FY25 net profit zooms 51 per cent to ₹913 cr
The Mumbai-headquartered public sector bank had reported a net profit of Rs ₹605 crore in the year ago quarter - Looking into our export basket
GAINS AND LOSSES. There is a need for export diversification and an effort to sustain growth in high-performing sectors - Machine tool industry can give manufacturing a boost
As the cornerstone of the manufacturing sector, the machine tools sector can scale up with innovation, competitiveness and a commitment to excellence - LVPEI, Standard Chartered Bank team up for eyecare
Initiative part of the bank’s commitment under “Seeing is Believing” programme - Experts call for digital transformation to empower co-operative sector
18th International Cooperative Alliance Asia Pacific Research Conference underway at IIM Kozhikode - Infosys reports ₹40,986 crore in quarterly revenue, revises FY25 guidance upwards
Net profit grows 2.2% to ₹6,506 crore - India’s H1FY25 pulses imports rise 73 per cent to $2.18 billion
Volume of imports in tur, urad, desi chickpea up during the period, says trade - Byju Raveendran breaks silence, plans comeback amidst investor, debt crisis
In his first public statement since the company’s downward spiral, Raveendran said he would return to India to teach soon
