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casino slots with sign up bonus New Delhi, Dec 29, 2024 E-commerce company Snapdeal has managed to cut down its loss to Rs 160.38 crore in FY24 from Rs 282.20 crore in FY23. Apart from this, the company’s Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) loss declined by 88 per cent to Rs 16 crore in FY24. It was Rs 144 crore in FY23. The reason for the reduction in the company’s loss is the decline in expenses. The company’s total expenditure in FY24 was Rs 540.76 crore. It was Rs 687.93 crore in FY23. The employee benefits expenditure of the company in FY24 declined by 48.5 per cent on YoY (year-on-year) basis to Rs 158.4 crore. It was Rs 307.53 crore in FY23. During this period, the company’s advertising expenditure was reduced by 23.5 per cent on YoY basis to Rs 70.37 crore. Snapdeal’s operating income increased by 2.1 per cent to Rs 379.76 crore in FY24 from Rs 371.96 crore in FY23. Market services have the biggest contribution of Rs 252.55 crore to the company’s revenue. However, it decreased by 9.6 percent on YoY basis as compared to FY23. The company’s enablement income increased by 14.8 per cent year-on-year to Rs 103.36 crore in FY24. The company’s income from other items has increased 8 times to Rs 23.85 crore in the last financial year. According to the stock exchange filing, Snapdeal has reduced its stake in Unicommerce. The company had raised Rs 33 crore from the secondary sale of 3.4 per cent stake during May-June 2024 ahead of the IPO and Rs 81 crore from the sale of 9.2 per cent stake under the offer for sale in the IPO that came in August 2024. Snapdeal is one of India’s leading e-commerce platforms. Founded in 2010, Snapdeal focuses on the value commerce market in India and has served more than 10 Crore online shoppers over the past 14+ years.(Agency)Kings hold off late rally from Kraken



Giants release quarterback Daniel Jones just days after benching him EAST RUTHERFORD, N.J. (AP) — The Daniel Jones era in New York is over. The Giants quarterback was granted his release by the team just days after the franchise said it was benching him in favor of third-stringer Tommy DeVito. New York president John Mara said Jones approached the team about releasing him and the club obliged. Mara added he was “disappointed” at the quick dissolution of a once-promising relationship between Jones and the team. Giants coach Brian Daboll benched Jones in favor of DeVito following a loss to the Panthers in Germany that dropped New York's record to 2-8. Conor McGregor must pay $250K to woman who says he raped her, civil jury rules LONDON (AP) — A civil jury in Ireland has awarded more than $250,000 to a woman who says she was raped by mixed martial arts fighter Conor McGregor in a Dublin hotel penthouse after a night of heavy partying. The jury on Friday awarded Nikita Hand in her lawsuit that claimed McGregor “brutally raped and battered” her in 2018. The lawsuit says the assault left her heavily bruised and suffering from post-traumatic stress disorder. McGregor testified that he never forced her to do anything and that Hand fabricated her allegations after the two had consensual sex. McGregor says he will appeal the verdict. Week 16 game between Denver Broncos and Los Angeles Chargers flexed to Thursday night spot The Los Angeles Chargers have played their way into another prime time appearance. Justin Herbert and company have had their Dec. 22 game against the Denver Broncos flexed to Thursday night, Dec. 19. Friday’s announcement makes this the first time a game has been flexed to the Thursday night spot. The league amended its policy last season where Thursday night games in Weeks 13 through 17 could be flexed with at least 28 days notice prior to the game. The matchup of AFC West division rivals bumps the game between the Cleveland Browns and Cincinnati Bengals to Sunday afternoon. NBA memo to players urges increased vigilance regarding home security following break-ins MIAMI (AP) — The NBA is urging its players to take additional precautions to secure their homes following reports of recent high-profile burglaries of dwellings owned by Milwaukee Bucks forward Bobby Portis and Kansas City Chiefs teammates Patrick Mahomes and Travis Kelce. In a memo sent to team officials, a copy of which was obtained by The Associated Press, the NBA revealed that the FBI has connected some burglaries to “transnational South American Theft Groups” that are “reportedly well-organized, sophisticated rings that incorporate advanced techniques and technologies, including pre-surveillance, drones, and signal jamming devices.” Red Bull brings wrong rear wing to Las Vegas in mistake that could stall Verstappen's title chances LAS VEGAS (AP) — Max Verstappen is suddenly in jeopardy of being denied a fourth consecutive Formula 1 title Saturday night. Red Bull apparently brought the wrong rear wing to Las Vegas and GPS data showed its two cars to be significantly slower on the straights than both McLaren and Mercedes, which led both practice sessions. Red Bull says it doesn’t have a replacement rear wing in Las Vegas to fix the issue and little chance of getting two flown in from England ahead of the race. Caitlin Clark to join Cincinnati bid for 16th National Women's Soccer League team WNBA star Caitlin Clark has joined Cincinnati’s bid for an expansion National Women’s Soccer League team. Major League Soccer franchise FC Cincinnati is heading the group vying to bring a women’s pro team to the city. The club issued a statement confirming Clark had joined the bid group. NWSL Commissioner Jessica Berman has said the league plans to announce the league’s 16th team by the end of the year. The league's 15th team will begin play in 2026 in Boston. In a 'Final Four-type weekend,' two top-6 clashes put women's college basketball focus on West Coast LOS ANGELES (AP) — Two games featuring four powerhouse teams has put the focus in women's college basketball on the West Coast this weekend. JuJu Watkins and No. 3 Southern California host Hannah Hidalgo and No. 6 Notre Dame on Saturday. Top-ranked South Carolina visits Lauren Betts and fifth-ranked UCLA on Sunday. Both games are nationally televised and the arenas are expected to be packed. WNBA scouts will be on hand to check out some of the nation's top talent. Two teams will come away with their first losses of the season. USC coach Lindsay Gottlieb calls it “a Final Four-type weekend.” A documentary featuring Watkins will air on NBC ahead of USC's game, which leads into the Army-Notre Dame football game. Noodles and wine are the secret ingredients for a strange new twist in China's doping saga Blame it on the noodles. That's what one Chinese official suggested when anti-doping leaders were looking for answers for the doping scandal that cast a shadow over this year's Olympic swim meet. Earlier this year, reports that 23 Chinese swimmers had tested positive for a banned heart medication emerged. None were sanctioned because Chinese authorities determined the swimmers were contaminated by traces of the drug spread about a hotel kitchen. In a strange twist, the leader of China's anti-doping agency suggested this case could have been similar to one in which criminals were responsible for tainting noodles that were later eaten by another Chinese athlete who also tested positive for the drug. Athletes see climate change as threatening their sports and their health. Some are speaking up BAKU, Azerbaijan (AP) — Pragnya Mohan has been a professional triathlete for nearly a decade, but summers in her native India are now so hot that she can’t train there anymore. And she worries about a day when heat around the world kills her sport entirely. She was among athletes who spoke at the United Nations climate summit in Azerbaijan about the threat global warming poses to them, to fans and to sport itself. They described how extreme weather is making training and competing difficult or impossible. With billions of fans worldwide, some athletes and leagues are trying to get more people to care, and act, on climate change. Alyssa Nakken, first full-time female coach in MLB history, leaving Giants to join Guardians CLEVELAND (AP) — Alyssa Nakken, the first woman to coach in an MLB game, is leaving the San Francisco Giants to join the Cleveland Guardians. Nakken made history in 2022 when she took over as first-base coach following an ejection. A former college softball star at Sacramento State, Nakken joined the Giants in 2014 and was promoted to a spot on manager Gabe Kapler’s staff in 2020, becoming the majors’ first full-time female coach. It’s not immediately known what role she’ll have with the Guardians, who won the AL Central last season under first-year manager Stephen Vogt. In Cleveland, Nakken, 34, will work with former Giants coaches Craig Albernaz and Kai Correa.

By Rathindra Kuruwita The notion that only a select group of Sri Lankan leaders were capable of effectively engaging with the international community has been shattered by President Anura Kumara Dissanayake’s recent visit to India, Ramindu Perera, a senior lecturer at the Open University Law Faculty and member of the Federation of University Teachers Association (FUTA) said. Speaking to The Island yesterday (27), Perera said the President’s successful visit is a positive development not only for the National People’s Power (NPP) but also for other political leaders outside the traditional elite. “The Janatha Vimukthi Peramuna (JVP), the principal constituent of the NPP, had an antagonistic relationship with India in the 1980s, and there was significant curiosity about how the NPP would engage with India,” Perera said. “It is now evident that states prioritise their national interests over historical tensions.” Perera mentioned that India was currently navigating diplomatic challenges in the region, with strained relations with the Maldives, Bangladesh, and Nepal. “In this context, India also has strategic reasons to maintain a stable relationship with Sri Lanka. Ensuring that Sri Lanka does not act counter to its geopolitical objectives is crucial for India,” he said, adding that this pragmatic approach likely contributed to the openness in addressing longstanding issues, such as the fishermen’s dispute, during the visit. A key focus of President Dissanayake’s discussions was securing India’s backing for Sri Lanka’s bid to join BRICS. Sri Lanka formally initiated its application to join the bloc and the New Development Bank in October 2024. “Although BRICS has temporarily halted the admission of new members, India has pledged to support Sri Lanka’s membership once the process resumes. India’s influence on international opinion is significant, and this commitment is a diplomatic win for Sri Lanka,” Perera said. Commenting on the joint statement issued following the visit, Perera noted the absence of any specific mention of the 13th Amendment to Sri Lanka’s Constitution, which has historically been a focal point in Indo-Lanka relations. “Prime Minister Narendra Modi refrained from raising the matter during this visit, as he did during President Dissanayake’s earlier visit this year. This signals a shift in India’s approach, partly because the NPP has secured the support of Tamil voters, unlike previous governments,” he said. Perera cautioned that while India is an important partner, Sri Lanka must remain vigilant in safeguarding its national interests. “India’s priority is, understandably, its own national agenda. For example, many of India’s proposals for physical connectivity with Sri Lanka are still under ‘consideration.’ Reading between the lines, it seems the government’s strategy is to delay commitments to proposals that could be unfavourable to Sri Lanka,” he said.US stocks fall but Alphabet jumps on Google discovery

Cathie Wood is the head of money management firm Ark Invest and is best known on Wall Street for her bullish stances on emerging technologies in artificial intelligence (AI) and genomics. One of Wood's higher-conviction investment themes resides in the electric vehicle (EV) industry. Not surprisingly, Ark's top EV position is Tesla . Outside of EV cars, Wood also is optimistic about another pocket of the electric transportation realm, called electric vertical take-off and landing (eVTOL) aircraft. Across three of Ark's exchange-traded funds (ETFs), the company owns a position in eVTOL leader Archer Aviation ( ACHR -1.32% ) . Archer shares have soared by 82% in 2024, and its current share price of $11 is near its highest levels in three years. While these moves could suggest that investors have missed out, I see an interesting catalyst for Archer going into 2025. I'm going to explore a new partnership that Archer recently formed and outline why this particular deal could serve as a major tailwind for the company as President-elect Donald Trump and his administration assume power in Washington. Archer's stealthy opportunity For much of its history, Archer has been seen as a potential airborne alternative to traditional ride-hailing services such as Uber or Lyft . Unlike premium services offered by the likes of Blade Air Mobility , Archer's primary use case has been focused on decongesting areas that experience abnormally high levels of traffic (i.e., cities) by offering an alternative platform to taxis or subways. However, in this video, Archer Chief Executive Officer Adam Goldstein explains an under-the-radar opportunity for the company in the public sector. Why Archer could soar under President-elect Trump As part of Archer's defense ambitions, the company partnered with autonomous systems company Anduril . Anduril is the brainchild of Palmer Luckey, a serial entrepreneur most famous for selling his virtual reality start-up, Oculus, to Meta Platforms . Anduril develops a series of new-age rockets and drone technologies. I think the partnership between Anduril and Archer makes a lot of sense, given the overlap these companies have in the aviation sector. What makes Archer a particularly nice fit with Anduril is that the company's eVTOL aircraft emit very little sound, making them an attractive vehicle choice during military stealth operations. And while such an opportunity in the public sector may seem niche, keep in mind that the estimated market for stealth operations and military robotics is expected to reach more than $100 billion by early next decade. When speaking about the incoming administration, Goldstein said he thinks Trump could be "very positive" and a "big benefit" to companies such as Archer as it pertains to regulatory approvals needed to further commercialize the business, as well as get more involved with public sector operations. Is Archer stock a buy right now? One of the hardest things to do in investing is making the distinction between a real business and an alluring narrative. I see Archer as smack in the middle of this divide. Although the opportunities for Archer are intriguing, the company is in a pre-revenue state. And although it's signed billions of dollars worth of purchase orders, the company has not yet scaled. Could Trump pave the way for more streamlined regulatory frameworks and speed up Archer's commercialization timeline? Maybe, but it's not entirely known yet if an issue like this is anywhere near the top of the priority list for the new administration. Moreover, while Archer's use cases in the public sector make a lot of sense, it could be years before its aircraft are used anywhere. I am curious and ever-so-slightly cautiously optimistic that Archer could emerge as a winner during the next four years. However, I think an investment in Archer is best for those who can afford a small allocation in their portfolio for speculative opportunities. If that type of risk is too much for you, I'd encourage you to move on and identify more mature opportunities in the EV or defense sectors.WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump said Wednesday that he has chosen Keith Kellogg, a highly decorated retired three-star general, to serve as his special envoy for Ukraine and Russia. Kellogg, who is one of the architects of a staunchly conservative policy book that lays out an “America First” national security agenda for the incoming administration, will come into the role as Russia’s invasion of Ukraine enters its third year in February. Trump, making the announcement on his Truth Social account, said, “He was with me right from the beginning! Together, we will secure PEACE THROUGH STRENGTH, and Make America, and the World, SAFE AGAIN!” Kellogg, an 80-year-old retired Army lieutenant general who has long been Trump’s top adviser on defense issues, served as national security adviser to Vice President Mike Pence , was chief of staff of the National Security Council and then stepped in as an acting security adviser for Trump after Michael Flynn resigned. As special envoy for Ukraine and Russia, Kellogg will have to navigate an increasingly untenable war between the two nations. The Biden administration has begun urging Ukraine to quickly increase the size of its military by drafting more troops and revamping its mobilization laws to allow for the conscription of those as young as 18. The White House has pushed more than $56 billion in security assistance to Ukraine since the start of Russia’s February 2022 invasion and expects to send billions more before Biden leaves office in less than two months. The U.S. has recently stepped up weapons shipments and has forgiven billions in loans provided to Kyiv. Trump has criticized the billions the Biden administration has spent in supporting Ukraine and has said he could end the war in 24 hours, comments that appear to suggest he would press Ukraine to surrender territory that Russia now occupies. As a co-chairman of the American First Policy Institute’s Center for American Security, Kellogg wrote several of the chapters in the group’s policy book. The book, like the Heritage Foundation’s “Project 2025,” is designed to lay out a Trump national security agenda and avoid the mistakes of 2016 when he entered the White House largely unprepared. Kellogg in April wrote that “bringing the Russia-Ukraine war to a close will require strong, America First leadership to deliver a peace deal and immediately end the hostilities between the two warring parties.” Trump's proposed national security adviser , U.S. Rep. Michael Waltz of Florida, tweeted Wednesday that “Keith has dedicated his life to defending our great country and is committed to bringing the war in Ukraine to a peaceful resolution.” Kellogg featured in multiple Trump investigations dating to his first term. He was among the administration officials who listened in on the July 2019 call between Trump and Volodymyr Zelenskyy in which Trump prodded his Ukrainian counterpart to pursue investigations into the Bidens. The call, which Kellogg would later say did not raise any concerns on his end, was at the center of the first of two House impeachment cases against Trump, who was acquitted by the Senate both times. On Jan. 6, 2021, hours before pro-Trump rioters stormed the U.S. Capitol, Kellogg, who was then Pence’s national security adviser, listened in on a heated call in which Trump told his vice president to object or delay the certification in Congress of President Joe Biden ’s victory. He later told House investigators that he recalled Trump saying to Pence words to the effect of: “You’re not tough enough to make the call.” Baldor reported from Washington. AP writer Eric Tucker in Washington contributed to this report. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Get local news delivered to your inbox!

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