#Amazon said it will lay off several hundred employees in its Prime Video and Amazon MGM Studios.

Read more: https://read.ht/Rdvy

Canada has claimed the top spot in Berkshire Hathaway Travel Protection's 'Safest Places' report, thanks to its cold weather and low population density. This is a sharp five-spot rise from the 2023 report when it ranked sixth in the same list.

Read more: https://www.read.ht/Rdwf

Budget to focus on 5 key social segments | Zerodha entry lifts BSE’s options game | Food processing likely to see budget cut as utilization falls

Read today's Mint e-paper here: https://epaper.livemint.com

#MintCharts | In 2019, Thailand and Japan received about twice as many visitors as India, Vietnam had nearly the same number, and China welcomed a whopping 65 million tourists.

#India has 42 cultural & natural properties identified as Unesco World Heritage Sites, the sixth most in the world. But it lags behind the top countries on the list in terms of tourism: Mexico and the UK, for instance, draw far more visitors than India does.

#TCSQ3Results | #TCS reported a net profit of ₹11,432 crore in the September quarter, registering a growth of 8.7%, compared to ₹10,431 crore in the corresponding period last year.

Catch live updates here: https://www.read.ht/ReJp

IT major #Infosys, posted a consolidated net profit of ₹6,106 crore, down over 7% from ₹6,586 crore in the year-ago period.

Its consolidated revenue was flat, up just 1.3% to ₹38,821 crore versus ₹38,318 crore in the same period last year.

Read here: https://www.read.ht/ReLP

#Microsoft overtook #Apple as the world's most valuable company on Thursday after the iPhone maker began 2024 with its worst start in years due to growing demand concerns.

Read here: https://www.read.ht/ReQN

#MintCharts | A recent study by Oxford Economics, commissioned by Uber, revealed that ride-hailing services have enabled a significant number of women in Indian metros, with 29% in Mumbai and 52% in Chennai, to join or become full-time workers, projecting a potential 4% to 6.9% increase in the female labour force in five major cities by 2028.

Today's #MintMetric by Bibek Debroy!

#PersonalFinance | TULIPs, combining term insurance & Ulips for higher sum assured & market-linked returns, face scrutiny against the potential benefits of opting for separate term plans & equity mutual funds for better flexibility & returns

(Aprajita Sharma writes)

Read here: https://www.read.ht/ReVT

Asset manager #BlackRock has once again reduced its valuation of Indian ed-tech unicorn #Byju’s, this time by around 95% from $22 billion to $1 billion, as per a Tech Crunch report citing company disclosures.

Read more: https://www.read.ht/ReVh

#PersonalFinance | Whether you are planning overseas travel or want to send money abroad, it is always a good idea to shop around for the best #forex exchange rate.

Here's a list of INR to USD forex rates offered by some of the major banks & travel aggregators.

#MintDataBytes | Ayodhya airfares soar ahead of temple ceremony

Take a look!

#MediAssistHealthcare IPO: The mainboard initial public offering (IPO) of the insurance-tech company has opened today & it will remain open till 17th January 2024.

The insurance-tech company has fixed Medi Assist IPO price band at ₹397 to ₹418 per equity share. The book build issue is proposed for listing on BSE and NSE.

Read here: https://www.read.ht/RgSK

#MarketsWithMint | The robust momentum observed in the Indian benchmark indices on Friday continues into Monday's trading session, with both #Nifty50 and #Sensex reaching new record highs.

In the early trade today, Nifty 50 surged to a peak of 22,081 points, surpassing the 22,000 mark for the first time. Simultaneously, the S&P BSE Sensex achieved a historic peak, scaling to 73,049 points and crossing the 73,000 mark for the first time.

Read here: https://www.read.ht/RgSd

#MintCharts | Out of the World Economic Forum's hundreds of partner companies, only one comes from a low-income country (Yemen’s HSA Group). (These are the companies that fund the foundation.)

Of the 1,009 companies listed as partners on the WEF website, 74% were based in rich countries and 17% in upper-middle-income ones, a Mint analysis showed.

Today's #MintMetric by Bibek Debroy!

An analysis by the IMF has found that close to 40% of jobs worldwide will be affected by #artificialintelligence, with advanced economies facing more exposure than emerging markets and low-income countries, as per a report.

Read here: https://www.read.ht/RgVA

Oxfam report released recently shows that the five richest men in the world- Elon Musk, Bernard Arnault, Jeff Bezos, Larry Ellison and Mark Zuckerberg-have doubled their fortune to $869 billion since 2020.

However, within the same period world's poorest 60%, which account for 5 billion people, became poorer, Oxfam report adds.

Read here: https://www.read.ht/RgW3

#MintQ3EarningsTracker | The combined revenue of the companies that have declared their Dec-quarter financial results so far has risen 4.2% Y-o-Y while net profits were nearly flat, a Mint analysis showed.