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The great Indian biscuit battle begins: Can Reliance crack the code?
Reliance Consumer Products Ltd is set to foray into India's competitive biscuit market, with an aim to leverage affordable pricing and a wide variety of products to attract consumers. Industry leaders Britannia and Parle dominate the market, making it challenging for new entrants like Reliance's Independence.
'Vote red today!' Elon Musk deletes pro-Republican posts after spending $458 mn
Elon Musk has deleted his posts urging voters to back Republican candidates in the US midterm elections after Democrats made significant gains and secured control of both chambers of Congress. The deleted posts included an October 29 appeal to elect Republican senators and an Election Day message saying “Vote red today!”.
Amagi, Shiprocket post profits; US polls’ impact on IT
Amagi’s Q2 profit surged nearly 30x while Shiprocket swung into the black for the first time. This and more in today’s ETtech Top 5.
Democrats score Georgia governor's win as Trump unpopularity reshapes midterm contests
Democrats captured Georgia's governor's office for the first time since 1998 in the midterm elections. Keisha Lance Bottoms defeated Republican Rich Jackson, marking a historic win. Meanwhile, Republicans retained their hold in Florida as Byron Donalds won the gubernatorial race. Other closely watched contests were reported in Texas and Ohio, with vote counting still ongoing. The outcomes of these elections could significantly impact future political dynamics in the United States.
Musk's $445 million midterm bet goes awry. Is his political influence at risk?
Elon Musk's $445 million spending spree on Republican candidates yielded limited results in the US midterms, with most of those he backed losing. As Democrats gain control, Musk faces potential congressional investigations, calls for campaign finance reforms and greater scrutiny of his companies, government contracts and political influence.
Reliance’s FY28 growth story rests on 5 triggers. New energy is just one
In the upcoming years, Reliance Industries is set to thrive, propelled by five strategic business initiatives. The focus remains on robust growth in the oil-to-chemicals sector, pivotal for ongoing profitability. Transitioning from investments to growth, Reliance Retail is primed for success, while Jio is expected to benefit from improved pricing strategies.
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Google voluntary buyouts: What's the exit package, which teams qualify and how many employees are eligible after Microsoft's similar offer?
Google Voluntary Exit Programme Details: Google has expanded its voluntary buyout programme to selected employees in five countries. The offer comes as Microsoft rolls out a similar voluntary exit scheme covering around 60,000 employees. Here's a look at Google's severance package, eligible teams and the number of employees who could opt for the offer.
Trump-backed Republican redistricting sought midterm edge; it didn't work
Republicans attempted extensive redistricting in multiple states to gain an electoral edge in the midterm elections. However, these strategies did not yield the expected results, especially in key states like Florida and Texas. Many targeted candidates lost their races, highlighting voter dissatisfaction with the Republican party's direction.
FICCI makes recommendations to FM ahead of Budget 2027-28, highlights LTCG exemption, TDS relief and faster tax appeals
FICCI has recommended the restoration of long-term capital gains tax exemption on listed shares in Budget 2027-28. The organization highlighted concerns regarding the withdrawal of foreign portfolio investments and the impact of capital gains tax. Additionally, it requested the government to implement lighter TDS rules and resolve backlog issues in tax appeals. FICCI emphasized the need for measures to provide certainty to investors over the long term.
Democrats poised to take Senate, House as voters deliver rebuke to Trump in historic midterms route
Democrats achieved significant victories in the latest midterm elections, gaining control of the Senate and making House gains. A series of unexpected wins in traditionally Republican states highlighted voter frustration over high prices and political direction. Several incumbent Republicans were defeated, including those backed by President Donald Trump. Economic concerns dominated voters' minds, creating dissatisfaction with both parties. These results may influence future political dynamics and presidential candidate considerations.
US midterm elections 2026: Democrat Abdul El-Sayed claims victory in brutal Senate battle in Michigan
Abdul El-Sayed has emerged victorious in the contentious Michigan Senate race, winning against Republican Mike Rogers by garnering 51.8% of the votes. This historic win not only strengthens Democratic power in the Senate but also makes El-Sayed the first Muslim elected to the position. With endorsements from influential progressives, his campaign has faced scrutiny over accusations of antisemitism and Islamophobia, amidst critical budgetary concerns that highlighted the election's stakes.
Who is winning Ohio governor race? Can Vivek Ramaswamy win the race amid past controversies and backlash over Amy Acton ad?
Who is winning the Ohio governor race? Republican Vivek Ramaswamy and Democrat Amy Acton are competing in the November 3 election to succeed Governor Mike DeWine. As votes are counted, the contest has also drawn attention over a controversial Ramaswamy campaign advertisement featuring Acton's estranged mother, Donna Arthur, who calls her daughter a liar and urges voters not to support her.
Trump's Supreme Court winning streak in election cases screeches to a halt
The US Supreme Court rejected Donald Trump's bid to stop California from counting more than 20,000 mail-in ballots ahead of Tuesday's midterm elections. The swift ruling marks another setback for the administration in recent election-related cases, following decisions on mail-in voting restrictions and Republican-backed congressional redistricting efforts.
Sachin Tendulkar takes significant minority stake in Hitwicket maker Metasports Interactive
Sachin Tendulkar has acquired a minority stake in Metasports Interactive, the company behind Hitwicket. He will serve as the brand ambassador and a playable character in the game. Metasports aims for 100 million downloads in three years as it has 20 million currently. The game revenue has doubled in the past six months, with most revenue from in-app purchases.
From Texas to Maine, the races that could reshape America's political map
Voters across the United States are heading to the polls to determine pivotal Senate and House races. Key states such as Texas, Georgia, and Michigan are witnessing intense political battles that could reshape control. Notably, Texas features competitive contests for the Senate and gubernatorial seats that challenge Republican incumbents. In Michigan, allegations linked to a former candidate's family are intensifying the Senate race dynamics.
Marico Q2 Results: Net profit jumps 31% YoY to Rs 550 crore, revenue rises 12%
Marico reported a 31% YoY rise in Q2FY27 net profit to Rs 550 crore, while revenue grew 12% to Rs 3,897 crore. EBITDA increased 27%, margins expanded to 18.2%, and management expects double-digit growth during FY27.
As US midterms enter last lap, Indian "consultants" suddenly thrust into spotlight
Indian "consultants" are under scrutiny for allegedly engaging in election manipulation on a global scale. These activities reportedly range from creating false narratives on social media networks to shape voter perceptions. Reports say these firms have operated in multiple countries, including the US.
Zee 5 launches ZAP with Saptharushi to deliver privacy-first audience intelligence
Zee 5 has introduced the Zee 5 Audience Platform, called ZAP, to enhance advertising through targeted audience insights. The platform uses viewing behavior and consented signals from various sectors to optimize campaigns. It allows brands to create precise audience cohorts based on specific business objectives and viewing patterns.
Shah Rukh Khan's Rs 10,000 crore business empire: How the actor makes money beyond films
Shah Rukh Khan Net Worth on Birthday: Shah Rukh Khan's, also known as King Khan, turns 61 on his birthday today Novermber 2. Shah Rukh Khan's wealth extends beyond Bollywood. From Red Chillies Entertainment and Kolkata Knight Riders to brand endorsements, international cricket and investments, here's how the actor has built his business empire.
Black Friday 2026: Walmart sale dates, early deals, Walmart+ benefits and store timings
Walmart is gearing up for its much-anticipated Black Friday 2026 event, featuring a slew of promotional sales starting in November through early December. Expect sweeping discounts on electronics, toys, and home appliances. Walmart+ members will enjoy exclusive early access to select deals that kick off on November 12. The store will officially reopen at 6 a.m. on Black Friday, November 27, after a closure on Thanksgiving.
What if you had invested $1,000 in Netflix stock 20 years ago? Here’s how much NFLX would be worth today
Netflix stock investment: A $1,000 investment in Netflix (NFLX) stock 20 years ago would be worth about $218,000, according to a Kiplinger analysis. But the gains came with steep sell-offs, rising content costs and growing competition. Here’s what drove Netflix’s long-term returns and what its latest financial results reveal.
US stocks today: Nasdaq slides over 1% as Alphabet's AI spending revives investor concerns
The Nasdaq Composite dropped over 1% as Alphabet reported disappointing advertising results. The downturn was worsened by software stocks, which fell following Fortinet and ServiceNow's unfavorable quarterly performances. Rising AI spending concerns and inflation data also impacted investor sentiment. On a brighter note, Eli Lilly's shares surged due to strong revenue forecasts, while Caterpillar faced declines as it kept its annual sales forecast steady.
Google stock falls over 10% after Alphabet misses Q3 revenue estimates: Why analyst sees buying opportunity
Google stock fell more than 10% in after-hours trading after Alphabet missed third-quarter earnings and revenue estimates. Despite weaker advertising results and rising AI spending, CFRA analyst Angelo Zino sees the pullback as a potential buying opportunity over the next 12 months, with Google Cloud growth and profit margins in focus.
Why did Alphabet stock crash 10% as Microsoft shares rose nearly 4%? Google parent may face its worst post-earnings drop ever as search ads slow and cash flow turns negative
Alphabet (GOOGL) stock falls 10% after Q3 earnings: Alphabet, Google’s parent, saw its shares drop over 10% in US premarket trade on Thursday after weak September quarter results. Search ad revenue grew 12%, slower than 17% last quarter, and free cash flow turned negative at $9.07 billion. Microsoft shares rose nearly 4%. Morningstar raised its fair value estimate for Alphabet to $450 and calls the stock attractively priced.
FTC orders Walmart, Delta and others to share how they use personal data to set prices and pay
"We intend to scrutinize the opaque methodology that some companies in these industries may be using to determine how much consumers pay or how much gig workers are paid for the same product or service," FTC Chairman Andrew Ferguson said in a statement.
Brands need to shift to ‘Bharat-first’ strategy as digital usage grows
To effectively connect with rural customers, brands should embrace a 'Bharat-first' advertising philosophy. Digital channels are increasingly shaping the shopping behaviors of younger rural populations, with influencer marketing playing a pivotal role, particularly among female consumers. The integration of AI features alongside social media enhances the flow of product knowledge in these areas.
What happened to the FEC website? Hackers disrupt campaign finance filings before US midterms
On October 26, just ahead of the US midterm elections, the Federal Election Commission encountered a significant outage in its electronic filing system, potentially due to a security breach by an unidentified source. This disruption prevented candidates from submitting vital campaign finance reports during a key spending period, raising concerns about the transparency of campaign funding.
Netflix stock price is down 32 per cent this year: What led to this downfall? Check predicted target price, market value
Netflix trades at nearly 18.3 times expected earnings over the next 12 months, compared with 14.76 times for Walt Disney and 6.26 times for Comcast.
BARC blackout opens a new channel for TV viewership data
The suspension of Broadcast Audience Research Council ratings has prompted new interest in RPD-based data collection for TV viewership. GTPL Hathway has started sharing data from connected set-top boxes to track channel viewing. While Tata Play has utilized RPD for internal purposes, concerns remain regarding its industry-wide credibility and sampling transparency. The Ministry of Information and Broadcasting has emphasized RPD's importance for future deployments by distribution platform operators.
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