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Jafar Panahi, the Iranian dissident director, won the Palme d'Or at Cannes for "It Was Just an Accident," a political film about Iranians confronting a former jailer. Wagner Moura and Nadia Melliti secured best actor and actress awards, respectively.
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News and Media
Russia's use of Brazil as a base for its spies has come to light at long last. These spies created new identities to infiltrate the US and Europe. Brazilian counterintelligence exposed at least nine Russian officers. Operation East, with international help, uncovered the network. Several spies were arrested or fled. Interpol notices were issued to expose them globally.
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News and Media
Aegis Vopak Terminals raised 1,260 crore from 32 anchor investors ahead of its 2,800 crore IPO opening May 26. Key investors include global funds and domestic mutual funds. The IPO is entirely a fresh issue with no offer-for-sale component.
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News and Media
Fusion Finance reported its fourth consecutive quarterly loss, with 165 crore net loss in Q4 FY25 due to high bad loan provisions. Gross NPAs rose sharply, while AUM and interest income declined. Borrowing covenant breaches added pressure.
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News and Media
Markets remain cautious below the 25100 resistance, vulnerable to corrections and volatility. Sector rotation, profit protection, and modest leverage are key amid shifting momentum across indices.
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News and Media