Business
Sinclair, Nexstar will bring ‘Jimmy Kimmel Live’ back to owned ABC stations on Friday
Sinclair and Nexstar are returning “Jimmy Kimmel Live!” to ABC affiliate broadcast stations beginning Friday, the companies said in separate statements.
The announcements come three days after Disney’s ABC broadcast network returned the late night program to its air after a nearly week-long suspension. Disney had temporarily suspended the late night show following comments Kimmel made about the alleged murder of conservative activist Charlie Kirk and President Donald Trump’s MAGA movement.
“Our objective throughout this process has been to ensure that programming remains accurate and engaging for the widest possible audience. We take seriously our responsibility as local broadcasters to provide programming that serves the interests of our communities, while also honoring our obligations to air national network programming,” Sinclair said in a statement on Friday.
“Over the last week, we have received thoughtful feedback from viewers, advertisers, and community leaders representing a wide range of perspectives,” Sinclair said. “We have also witnessed troubling acts of violence, including the despicable incident of a shooting at an ABC affiliate station in Sacramento. These events underscore why responsible broadcasting matters and why respectful dialogue between differing voices remains so important.”
The broadcast station owners said earlier this week they would continue to preempt Kimmel’s late night show, meaning it would be unavailable on local stations for roughly 20% of the country, while they evaluated the situation and continued discussions with Disney.
Sinclair owns roughly 40 ABC affiliate stations in the U.S., including one in in Washington, D.C. Nexstar owns about 30 in markets including Salt Lake City and New Orleans.
Kimmel addressed the situation — and the ongoing preemptions — during his returning show this week.
“We are still on the air in most of the country, except, ironically, from Washington, D.C., where we have been preempted,” Kimmel said during Tuesday’s monologue. “After almost 23 years on the air, we’re suddenly not being broadcast in 20% of the country, which is not a situation we relish.”
Sinclair said Friday it had proposed measures to “strengthen accountability, viewer feedback, and community dialogue” at ABC and its affiliates.
“While ABC and Disney have not yet adopted these measures, and Sinclair respects their right to make those decisions under our network affiliate agreements, we believe such measures could strengthen trust and accountability,” it said.
Nexstar said in a statement: “We have had discussions with executives at The Walt Disney Company and appreciate their constructive approach to addressing our concerns.”
Disney declined to comment Friday.
Kimmel’s suspension last week came shortly after Nexstar announced it would not air the program in light of the host’s comments. Sinclair soon after said it would likewise preempt the program.
Those announcements followed comments from Federal Communications Commission Chairman Brendan Carr that suggested ABC affiliate stations could be at risk of losing broadcast station licenses over Kimmel’s remarks, which came during a show monologue.
The series of events raised questions about influence by the Trump administration on the media and First Amendment protections.
“Our decision to preempt this program was independent of any government interaction or influence,” Sinclair said Friday. “Free speech provides broadcasters with the right to exercise judgment as to the content on their local stations. While we understand that not everyone will agree with our decisions about programming, it is simply inconsistent to champion free speech while demanding that broadcasters air specific content.”
Earlier this week, Sen. Maria Cantwell, D-Wash., sent a letter to Sinclair pushing to bring “Jimmy Kimmel Live!” back on air. Sinclair owns the Seattle ABC affiliate station.
Nexstar similarly denied any government influence.
“As a local broadcaster, Nexstar remains committed to protecting the First Amendment while producing and airing local and national news that is fact-based and unbiased and, above all, broadcasting content that is in the best interest of the communities we serve,” Nexstar said in a statement.
“We stand apart from cable television, monolithic streaming services, and national networks in our commitment – and obligation – to be stewards of the public airwaves and to protect and reflect the specific sensibilities of our communities,” the statement continued. “To be clear, our commitment to those principles has guided our decisions throughout this process, independent of any external influence from government agencies or individuals.”
Business
Groww Share Price Today: Groww IPO Lists At 12% Premium, Rises Further; Should You Buy, Sell Or Hold?
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Groww IPO Listing Today, Groww Share Price Today: Shares of Billionbrains Garage Ventures Ltd list at Rs 112 apiece on the NSE, which is 12% premium over the issue price of Rs 100.
Groww IPO Listing Today.
Groww IPO Listing, Groww Share Price Today: Billionbrains Garage Ventures Ltd, the parent company of stock broking firm Groww, made a decent stock market debut on Wednesday, November 12. Its stock was listed at Rs 112 apiece on the NSE, which is a 12% premium over the issue price of Rs 100. The stock further surged to a 20% gain to trade at Rs 120, as of 10:03 am.
On the BSE, the stock was listed at Rs 112.02 apiece.
The initial public offering (IPO) of Billionbrains Garage Ventures Ltd, the parent company of stock broking firm Groww, closed on Friday, November 7, with a decent 17.60x subscription. The IPO garnered bids for 6,41,86,76,400 shares as against the 36,47,76,528 shares on offer. Its retail category has received a 9.43x subscription, while the NII (non-institutional investor) quota has received a 14.20x subscription. The QIB category received a 22.02x subscription.
The IPO was open between November 4 and November 7.
Groww IPO Listing: Should You Buy, Sell Or Hold?
Prashanth Tapse, senior vice-president (research) and research analyst at Mehta Equities, said, “Groww’s listing was slightly more than what we had expected and the implied valuation appears justifiable, backed by rapid customer growth (over 10 crore registered users), strong brand recall in retail investing, rising market share in F&O and mutual fund distribution, and a scalable digital business model with low incremental cost.”
Post listing, we continue to believe Groww represents a strong long-term structural story and can act as a proxy for India’s expanding capital market participation. Investors should therefore treat it as a medium-to-long-term investment opportunity, he added.
“We therefore recommend allotted Investors to HOLD for the long term, given the company’s structural strengths and growth potential, while acknowledging short-term market risks with a target of Rs 125-130 in the medium term. Non-allotted investors can also accumulate Groww and monitor the stock post-listing, and consider adding on any meaningful dip,” Tapse added.
Shivani Nyati, Head of Wealth at Swastika Investmart Ltd, said, “Groww made a good debut on the stock market, listing at approximately Rs 112 (around +12% above its issue price of Rs 100), reflecting healthy investor confidence driven by strong brand recall and rapid user growth in the Indian digital investing ecosystem. Groww is one of India’s fastest-growing investment platforms, offering equity trading, mutual funds, fixed deposits, and US stock investing through a mobile-first platform, supported by a clean UI/UX and transparent pricing. The company’s strengths include low customer acquisition cost, high monthly active users, strong conversion rates from MF to equity investing, and consistent growth in assets under management (AUM).”
Despite strong growth, concerns around high valuation multiples, margin pressures, and regulatory risks in the fintech/brokerage space weighed on cautious investors. The IPO attracted significant institutional participation, driven by expectations of further market share gains from traditional brokers, strong customer additions, and improving operating leverage, she added.
“Investors/traders allotted shares may book part profit and hold the remain for the medium to long term with stoploss of 80,” Nyati said.
November 12, 2025, 10:06 IST
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The NIPFP’s outlook positions India as one of the fastest-growing major economies in FY26, even amid global uncertainties.
The NIPFP projected retail inflation at 1.6 per cent in the current financial year, citing easing food inflation.
The Indian economy is likely to expand by 7.4 per cent in FY26, driven by the positive impact of goods and services tax (GST) rate rationalisation, a revival in domestic demand, and strong performance in the US economy, according to the National Institute of Public Finance and Policy (NIPFP) in its latest mid-year economic review released on Tuesday.
The projection marks a significant upgrade from NIPFP’s April estimate of 6.6 per cent growth, and also surpasses the Reserve Bank of India’s (RBI) latest forecast of 6.8 per cent.
“Largely on the back of robust public sector investment, revival in domestic consumption demand in both rural and urban areas, goods and services tax (GST) rate rationalisation, and the external sector, especially the US performing to its potential, the economy is expected to clock this robust growth,” the review stated.
Alternate Growth Scenarios
The autonomous research institution, which functions under the finance ministry, presented two alternative scenarios based on the performance of the US economy.
If the US output stays 1 per cent above potential, India’s GDP could expand by 8.8 per cent in FY26. Conversely, if the US output remains 1 per cent below potential, India’s growth may slow to 6 per cent.
Inflation Outlook
The NIPFP projected retail inflation at 1.6 per cent in the current financial year, citing easing food inflation. However, it warned of rising core inflation, driven by higher prices of gold and silver, and persistently elevated edible oil inflation.
“Our inflation projection is quite lower than the 2.6 per cent estimated by the RBI. The inflation is expected to remain 1.1 per cent in Q3 and 0.8 per cent in Q4,” the review noted. It added that while buoyant domestic demand from GST rate restructuring poses an upside risk, moderating energy prices and Trump tariff-induced demand moderation could act as downside risks.
Trade Concerns and Diversification
On the external front, the NIPFP highlighted that most bilateral trade deals disproportionately benefit the United States, urging India to diversify its services exports to mitigate potential risks from widening US tariffs.
“Unlike some countries, India holds very little leverage in merchandise exports, which are concentrated in a few sectors. In the case of services, more than half of India’s exports are to the US, and they face real risk if the net of Trump tariffs widens. Hence, diversification is the key,” the review cautioned.
With strong fiscal support, GST-driven efficiency gains, and resilient domestic demand, the NIPFP’s outlook positions India as one of the fastest-growing major economies in FY26, even amid global uncertainties.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More
November 12, 2025, 08:26 IST
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Osmond ChiaBusiness reporter
Getty ImagesApple has confirmed that it has removed two of China’s most popular gay dating apps – Blued and Finka – from its app store in the country following an order from authorities.
“We follow the laws of the countries where we operate. Based on an order from the Cyberspace Administration of China, we have removed these two apps from the China storefront only,” an Apple spokesperson said.
The move has raised concerns amongst the LGBT community in the country.
The BBC has contacted the Chinese embassy in Washington and the companies behind both apps for comment.
A “lite” version of the Blued app remains available on Chinese app stores, according to checks by the BBC. Some other gay and bisexual dating apps are also still available in the country, like Jicco and Jack’d.
Blued is one of the most widely-used gay dating apps in China, with tens of millions of downloads.
Apple runs a separate app store in China, in accordance with the country’s strict internet laws. Popular apps like Instagram and WhatsApp are not available in China.
Android device users there use locally adapted versions of the operating system as the Google Play Store is also blocked in China.
Members of the LGBT community expressed concerns about the removal of Blued and Finka, with one saying, “I hope those heterosexual policymakers can understand that love is rare – it’s not something shameful or unspeakable.”
Screenshot from Huawei AppGalleryIn 2022, popular US-based gay dating app Grindr was removed from Apple’s App Store in China shortly after the Cyberspace Administration of China began a crackdown on content it viewed as illegal and inappropriate.
The following year, the Chinese government announced new rules requiring all apps serving domestic users to register for licenses, resulting in a slew of foreign apps being removed online.
The online regulator said the rules were designed to “promote the standardised and healthy development of the internet industry.”
Homosexuality was decriminalised in China in 1997, though same-sex marriages remain unrecognised.
Advocacy groups, including the Beijing LGBT Center and the ShanghaiPride, have ceased operations in China in recent years.
Groww Share Price Today: Groww IPO Lists At 12% Premium, Rises Further; Should You Buy, Sell Or Hold?
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