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An explosion at the Los Angeles County Sheriff's Special Operations Bureau in East Los Angeles has resulted in at least three fatalities, according to U.S. Attorney General Pam Bondi. The incident occurred in a parking lot containing patrol cars and box trucks, prompting responses from both the Los Angeles County Fire Department and the Sheriff's Department.
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News and Media
IndusInd Bank is set to discuss raising funds through long-term bonds at its upcoming board meeting on July 23. This consideration follows a $230 million loss due to past misaccounting, which led to the resignations of its CEO and deputy in April. The bank is also evaluating potential capital increases via depository receipts and qualified institutional placements.
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News and Media
JioStar, the RIL-Disney joint venture, posted a Q1FY26 net profit of 581 crore and 9,601 crore revenue, driven by IPLs record performance on TV and digital. Despite weak FMCG ad spends, strong sports and subscription income lifted earnings.
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News and Media
Spandana Sphoorty Financial will open a 400 crore rights issue on August 1 at 230 per sharenearly 25% below market priceto address asset quality stress and support equity infusion for FY26.
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News and Media
A high initial-margin requirement will discourage "undue speculation" in the newly-launched electricity futures segment, Sebi chief Tuhin Kanta Pandey said on Friday.
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News and Media
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