Speaker Mike Johnson removed Rep. Michael R. Turner from the House Intelligence Committee, aligning it more closely with President-elect Donald Trump. Turner, critical of Trump and supportive of Ukraine, was seen as insufficiently loyal. Johnson denies Trump's influence, claiming the decision aims for a fresh start.
Zomato share price: CLSA has reiterated its bullish stance on Zomato, adding the stock to its "High Conviction Overweight" list and raising the target price to Rs 400 from Rs 370, indicating a 64% upside potential. The brokerage sees the recent stock correction as an attractive buying opportunity and expresses strong confidence in the growth prospects of Zomato's quick commerce segment over the next three years.
Swiggy's shares rose after the company announced the incorporation of its new subsidiary Swiggy Sports Private Limited, approved by the Ministry of Corporate Affairs. The new entity will engage in sports team ownership, management, and other related activities. Swiggy's share performance showed fluctuations over the past month.
Joe Biden's attempt to restore normalcy and end the Trump era falls short. Despite policy achievements, issues like rising costs and illegal migration give Trump the momentum, leading to an unprecedented political comeback. Biden's attempt to seek re-election falters amid growing concerns about his age and performance.
Intense 18-hour daily negotiations involving Biden's and Trump's envoys led to a breakthrough Israel-Hamas deal, finalized with critical mediation from Qatar and Egypt. Despite their political rivalry, the collaboration between both administrations was pivotal, alongside strategic regional shifts and precise coordination on hostage exchanges.
Barflex Polyfilms IPO was subscribed nearly 141 times at close due to bidding largely driven by non-institutional investors. The company, which offered a mere 47 lakh shares, received bids for nearly 66 crore shares.
President-elect Trump is exploring options to preserve TikTok rather than enforcing a national ban, despite a federal law requiring ByteDance to divest the platform on national security grounds. Trump's advisors indicate he values the platform's role in his campaign and vows to protect user data.
President Joe Biden and President-elect Donald Trump both took credit for a Gaza ceasefire-for-hostages deal facilitated by Trump's envoy. The deal echoes Biden's earlier proposal and aims for Palestinian statehood alongside Israel. Following Hamas's attacks, Israel's military response has resulted in significant casualties and displacement in Gaza.
Stallion India Fluorochemicals plans to use the funds raised from the IPO for incremental working capital requirements, capital expenditure requirements for semiconductor and specialty gas debulking and blending facility and other general corporate purposes.
