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FSSAI crackdown on energy drink brands; issues notices to 6 firms including Red Bull, Pepsico
Food Safety and Standards Authority of India (FSSAI) has "issued notices to several beverage brands claiming to be 'energy drinks' for misbranding and misleading claims", the regulator said in a post on social media platform Instagram on Wednesday.
Disney pumps Rs 123 crore into JioStar India in fresh FDI
Walt Disney's Star Group injected Rs 123 crore into JioStar India via FDI, bolstering the Reliance-Disney joint venture. This follows substantial prior investments by Disney, totaling Rs 3,847 crore in the current fiscal year. Despite reporting equity losses from the venture, Disney's continued financial commitment highlights its strategic interest in the Indian media landscape. The information and broadcasting sector saw significant FDI inflows during the quarter.
Dalal Street Week Ahead: Nifty to test crucial 24,500 level; breakout may define next trend
Indian markets navigated a subdued week, ending with modest gains as Nifty hovered near a crucial resistance zone between 24,160 and 24,500. Technical indicators suggest caution, with a decisive move above this hurdle needed to fuel further upside. Investors are advised to maintain a selective approach, focusing on stock-specific opportunities while managing risk diligently. Pharma and Media sectors show relative strength, while Energy and IT lag.
Top Gainers & Losers on May 27: JP Power Ventures, Adani Total Gas, HFCL, Swiggy, Suzlon Energy among top gainers
On May 27, the Indian stock market showed little movement amidst US-Iran conflict uncertainty. The Nifty 50 closed down 0.03%, and the Sensex fell 0.19%. Sector performance varied, with Nifty Media rising 3% and Nifty Private Bank among the top decliners.
After earnings beat, AIA Engineering banks on new mining solution for volume uptick
Successful conversion of miners to hi-chrome media and acceptance of mill liners could lead to further re-rating of AIA Engineering shares
AIA Engineering shares surge as Street cheers 38% profit jump; company to pay ₹16 dividend
AIA Engineering highlighted that anti-dumping and countervailing duties imposed by the United States on certain high chrome grinding media imports from India remain effective from June 12, 2025. The duties include a 3.16% countervailing duty and 6.91% anti-dumping duty.
Aditya Birla Group bets big on IPL boom, says media rights frenzy is far from over
Aditya Birla Group sees strong future growth for Indian sports. The group believes IPL media rights will keep increasing in value. This is despite current worries about fewer bidders. India's economy and sports viewership are rising. Premium sports assets are also scarce. This supports future valuations. The group recently bought Royal Challengers Bengaluru. They are optimistic about the long-term trend.
Tamil Nadu election results impact: Why have Sun TV Network shares crashed over 9% today?
Sun TV, part of the Sun Group, is led by Indian billionaire media proprietor Kalanithi Maran — who is closely related to DMK leaders. Maran is the grandnephew of DMK president M Karunanidhi and nephew of the current chief minister MK Stalin.
Amara Raja Energy rallies on buzz of lithium-ion expansion plans
Amara Raja Energy & Mobility surged 17.17% to Rs 906.20 on media reports that the company is accelerating its transition towards lithium-ion technology and expanding energy storage capacity.
Who is David Zaslav? How much is he expected to take home from Warner Bros-Paramount deal?
A longtime media executive who frequently saw himself in the limelight while featuring in lists of the highest-paid executives in America, David Zaslav is the current CEO of Warner Bros Discovery.
US Didn’t Escort Tanker Through Hormuz, Refuting Wright Post
The US said no oil tanker has been escorted by its navy through the Strait of Hormuz, refuting an earlier, since-deleted social media post by Energy Secretary Chris Wright.
India Record Third T20 World Cup Win: From Tendulkar To Kohli, Congratulatory Messages Pour In
Congratulatory messages poured in from across the sporting and entertainment worlds after India clinched the 2026 T20 World Cup title, with former cricketers, current stars and celebrities taking to social media to celebrate the historic triumph.