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BusinessDisney plans to cut several hundred jobs in human resources and technology as part of ongoing workforce changes. CEO Josh D’Amaro is reorganizing the company in response to challenges from artificial intelligence, streaming competition, and a tough cinema market. These layoffs are part of broader efforts to adapt to industry pressures in 2024.
Firstpost Tech·3h ago
BusinessNifty’s September derivatives series saw a 6.7% decline, marking the worst performance in 25 years. Foreign investors sharply increased bearish bets, pushing FII index shorts to a six-month high. Despite this, stock-futures exposure stayed net long. With Nifty near key long-term support and weakening market breadth, analysts recommend exercising extra caution.
ET Markets·13m ago
BusinessVirtusa Corp., an IT services company owned by EQT AB, is consulting Indian investment banks for an initial public offering (IPO) in India. The IPO could value Virtusa at around $7 billion (approximately ₹67,000 crore), according to sources familiar with the matter.
Mint Markets·26m ago
EntertainmentOn September 30, 2016, Bollywood witnessed the release of 'MS Dhoni: The Untold Story,' a sports biopic starring Sushant Singh Rajput. Made on a budget of 104 crore INR, the film faced initial doubts but became a box office blockbuster. Sushant's remarkable performance, thrilling helicopter shots, and cricket excitement transformed theaters into stadium-like experiences, setting impressive records.
News18Hi Entertainment·28m ago
BusinessThe Nifty 50 index has declined for seven consecutive weeks, a rare streak that historically has often been followed by a relief rally. Data from Samco Securities shows that in three of four previous seven-week losing streaks, the index rebounded over the next six weeks. However, the current 5.82% drop is less severe than past declines, making a durable market reversal uncertain. Analysts say a sustained recovery with higher highs and lows will be key.
Mint Markets·16m ago
SportsAt the Asian Games 2026, Olympic medalist Lovlina Borgohain secured her place in the 75kg boxing final with a 3-2 win over Kazakh world champion Natalya Bogdanova. She is the first Indian woman boxer to reach consecutive Asian Games finals, guaranteeing at least a silver medal. Meanwhile, debutant Priya Ghanghas earned a bronze after losing in the 60kg semifinal. India improved its boxing medal tally to six this edition.
Hindu Sport·17m ago
Firstpost Tech·3h ago
Disney plans to cut several hundred jobs in human resources and technology as part of ongoing workforce changes. CEO Josh D’Amaro is reorganizing the company in response to challenges from artificial intelligence, streaming competition, and a tough cinema market. These layoffs are part of broader efforts to adapt to industry pressures in 2024.
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