The Supreme Court on Tuesday reserved verdict on a batch of pleas filed by Future group firms against a Delhi High Court order declining stay on an arbitration tribunal decision refusing to interfere with the Emergency Award (EA) of the Singapore International Arbitration Centre (SIAC). “We reserve the order. All the four SLPs (special leave petitions) are over. A lot Read More

El Salvador President Nayib Bukele has yet again made his love for Bitcoin public. In a tweet, Bukele boldly announced that the days of fiat money may soon be over and that Bitcoin is the “real revolution” the world is seeing at present. Bukele also mentioned that El Salvador is spearheading this Bitcoin era. Taking to Twitter, the El Salvador Read More

Facebook’s highly anticipated rebranding became a reality today, with CEO Mark Zuckerberg announcing that the tech giant has changed its name to Meta. Zuckerberg announced the name change for Facebook’s parent company during Facebook’s annual Connect conference Thursday, which spotlighted the company’s efforts in augmented and virtual reality. The rebranding to Meta reflects the company’s heightened focus on virtual reality Read More

Technology is immersed in our lives and our businesses more than ever: it is increasingly pervasive in the way we work and lead our organisations. At the heart of this is data, which organisations have been stockpiling for years. By 2020, this data volume will reach 44 trillion gigabytes or 44 zettabytes, and organisations are already working hard to extract Read More

An updated version of the SpaceX Falcon 9 rocket, tailored for eventual crewed missions for NASA, made its debut launch on Friday from Florida’s Cape Canaveral carrying a communications satellite for Bangladesh into orbit. The newly minted Block-5 edition of the Falcon 9 – equipped with about 100 upgrades for greater power, safety and reusability than its Block-4 predecessor – lifted off at 4:14 p.m. Read More

Future Lifestyle Fashions Ltd (FLFL), part of the Kishore Biyani-led Future Group, has raised Rs 350 crore through issuance of non-convertible debentures series on a private placement basis. “The Committee of Directors… has issued and allotted 3,500 senior, secured listed, rated, redeemable non- convertible debentures series – IV (NCDs) of Rs 10 lakh each at par for cash aggregating Rs 350 Read More

New Delhi: Future Lifestyle, the fashion and lifestyle arm of Future Group, announced 33% jump in net profit to Rs 24 crore for the first quarter of the current fiscal year compared to the same quarter last year. The company reported net profit of Rs 18 crore during the same period last year. The Kishore Biyani-led company reported revenue for the April-June Read More

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, “One typical theme today is the retail group which is doing very well. Chances are whatever the market does, these stocks should go up. So, Future Consumer is a buy with a stop loss of Rs 56 and target of Rs 68.” “Future Lifestyle is a buy with a stop loss of Rs 384 and target of Read More

New Delhi: New Delhi:Kishore Biyani-led Future Lifestyle Fashion (FLF) has identified six brands in its portfolio which will give the company next stage of growth and profitability, it said in investors presentation. The company is calling them Power Brands and they together are expected to constitute 65%-70% to own brand sales by financial year 2020. The brands on which the Read More

Were you one of the more than 16,000 people who completed ABC’s How ‘mental health smart’ are you? quiz a couple of years back? If so, a team of Melbourne University researchers would like to thank you. Your answers have provided important insights that could help shape future mental health education campaigns. “We certainly have data from large population surveys,” Read More