Amazon, Google wooed by India for $750 million cricket rights: Reports

By Anto Antony India’s cricket governing body is trying to lure global giants Amazon.com Inc. and Alphabet Inc. to bid in a media rights auction of its team’s games amid waning interest from firms who had recently competed fiercely for the wildly successful Indian Premier League.   The proposed starting date of… Continue reading Amazon, Google wooed by India for $750 million cricket rights: Reports

Ambuja Cements to acquire majority stake in Sanghi Industries: Reports

India’s Ambuja Cements has reached a deal to acquire a majority stake in operations of Sanghi Industries, two sources with direct knowledge said, a transaction that will add heft to cement operations of billionaire Gautam Adani’s firm. The deal by Ambuja is likely to be announced as soon as Wednesday, the sources said,… Continue reading Ambuja Cements to acquire majority stake in Sanghi Industries: Reports

Tribhovandas Bhimji Zaveri reports five-fold jump in profit in June quarter

The Mumbai-based jeweller’s total revenue slid marginally this quarter by 1.6% to 5.71 billion rupees. Revenue had last slid 3.3% in the quarter ended Dec 31, 2020. BENGALURU (Reuters) – Indian jeweller Tribhovandas Bhimji Zaveri reported a nearly five-fold jump in first-quarter profit on Tuesday, as higher margins from premium pricing and lower expenses… Continue reading Tribhovandas Bhimji Zaveri reports five-fold jump in profit in June quarter

Shriram General Insurance reports 37% rise in net profit in June quarter

The company’s solvency at the end of June 2023 was 4.83 from 4.48 a year ago. It has settled 39,076 claims in Q1 FY24 compared to 33,811 in the year-ago period. Shriram General Insurance Company posted a 37 percent growth in net profit at Rs 98 crore during the first quarter of FY 24.… Continue reading Shriram General Insurance reports 37% rise in net profit in June quarter

Justin Verlander back with Astros as Mets unload second ace at MLB trade deadline: reports

It’s a Houston reunion: Justin Verlander is back with the Astros just before the MLB trade deadline, according to multiple reports.  The Mets already unloaded Max Scherzer to the Texas Rangers, as their 2023 season has not been going according to plan.  New York will reportedly acquire outfield prospect Drew Gilbert, the Astros’ top prospect… Continue reading Justin Verlander back with Astros as Mets unload second ace at MLB trade deadline: reports

Tata Industries reports Rs 2,043 crore loss on Tata Unistore sale

Tata Industries, the unlisted subsidiary of Tata Sons, has incurred a massive loss of Rs 2,043 crore in the fiscal year ending March 2023 on the sale of its 97 stake in Tata Unistore Ltd, a retail e-commerce portal, to Tata Digital Pvt Ltd. As per company filings, Tata Industries sold Tata Unistore… Continue reading Tata Industries reports Rs 2,043 crore loss on Tata Unistore sale

Delhi reports 56 new dengue cases in past week, yearly tally crosses 240

A Municipal Corporation of Delhi (MCD) employee fumigates near Hindu Rao Hospital in New Delhi. Photo: PTI Delhi reported 56 fresh dengue cases in the past week, taking the tally to over 240, according to a municipal corporation report on Monday. The national capital recorded 187 cases of the vector-borne disease till July… Continue reading Delhi reports 56 new dengue cases in past week, yearly tally crosses 240

Mets trade Max Scherzer to Rangers after 3-time Cy Young winner approves deal: reports

The New York Mets traded eight-time All-Star Max Scherzer to the Texas Rangers Saturday night in exchange for top prospect Luisangel Acuña after Scherzer agreed to the deal, according to multiple reports. A tentative deal was struck earlier in the day, but it needed Scherzer’s approval because he had a no-trade clause. The Rangers are… Continue reading Mets trade Max Scherzer to Rangers after 3-time Cy Young winner approves deal: reports

Mets agree to trade 3-time Cy Young winner Max Scherzer to Rangers pending pitcher’s approval: reports

The New York Mets have reached a deal to send eight-time All-Star Max Scherzer to the Texas Rangers if the veteran pitcher agrees to waive his no-trade clause, according to multiple reports. Scherzer and the players the Mets would receive in exchange would also have to pass physicals before a trade is finalized.  The Rangers… Continue reading Mets agree to trade 3-time Cy Young winner Max Scherzer to Rangers pending pitcher’s approval: reports