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Business

Sun TV Shares Rise Over 30% in September on Cricket and Movie Catalysts

Sun TV Network shares surged about 28% in September, driven by strong Q1 FY27 cricket franchise revenue, which rose 33% year-on-year to nearly Rs 630 crore. Consolidated revenue increased 13%, EBITDA grew 19%, and profit after tax climbed 16%. Advertising revenue fell 2.6%, while domestic subscriptions rose 3.3%. Anticipation around the Rajinikanth film Jailer 2 and possible capital deployment, including a buyback, also fueled the rally.

NDTV Business·2h ago

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Technology

Rising AI Energy Demand Calls for Updated Energy Governance

The rapid deployment of AI is increasing energy consumption and carbon emissions, highlighting the urgent need for improved energy governance. Organizations must track AI's environmental impact while leveraging AI technologies to optimize energy grids, integrate renewable sources, and reduce emissions effectively.

ET Energy Renewable·28m ago

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Politics

Akhilesh Yadav's Move Complicates BJP's Rajya Sabha Math in UP

Akhilesh Yadav's surprise nomination of industrialist Dhanraj Parimal Nathwani for the 10th Rajya Sabha seat in Uttar Pradesh has complicated BJP's calculations. This move threatens BJP's allies and increases tension for BJP's race for the 8th Rajya Sabha seat in the state, making the election scenario more challenging for the party.

Aaj Tak·11m ago·Uttar Pradesh

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Business

JSW Cement to Merge with Shiva Cement at 5:41 Share Swap Ratio

JSW Cement Ltd, part of the JSW Group led by Sajjan Jindal, will merge with its listed subsidiary Shiva Cement to create a unified cement platform. The board approved a scheme where JSW Cement will issue 5 shares for every 41 shares of Shiva Cement. The merger aims to unlock operational, financial, and management synergies and is expected to complete within 12-14 months, subject to regulatory approvals.

Business Standard·43m ago

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Politics

Sudarshan Trivedi Accuses Congress of Dividing Hindu Society Over Revant Reddy's Remarks

Sudarshan Trivedi accused Congress of plotting to divide Hindu society following Revant Reddy's statement that 'Ram is for the rich and Shiva for the poor.' Trivedi also called opposition leader Rahul Gandhi an atheist, citing that Gandhi took oath without mentioning God in 2024, unlike in 2014 when he swore in God's name.

News18 Hindi·12m ago

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Politics

Dhanraj Parimal Named Samajwadi Party's Rajya Sabha Candidate

Dhanraj Parimal Nathwani, Group President of Reliance Industries and close to the Ambani family, has been announced as the Samajwadi Party's surprise candidate for the Rajya Sabha elections. Alongside him, party secretary general Prof Ram Gopal Yadav is also a candidate. This marks a notable political move by the Samajwadi Party.

Times of India·3h ago

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