2020 Financial News

V-Sciences Investments, an arm of Temasek Holdings, on Friday divested a 1.4 per cent stake in Godrej Agrovet for more than Rs 212 crore through an open market transaction. Temasek Holdings is a state-owned multinational investment firm in Singapore. As of March 31, 2024, the investment company held an SGD 389 billion of portfolio value. According to the bulk deal data available on the National Stock Exchange (NSE), V-Sciences Investments offloaded 27.10 lakh shares, or 1.41 per cent stake, in Godrej Agrovet.

An Ohio-based energy company at the center of a $60 million bribery scheme has been ordered by the U.S. Securities and Exchange Commission to pay a $100 million fine

The billionaire philanthropist MacKenzie Scott’s no-strings, no-hassle giving approach has proven particularly valuable to Native American nonprofits, whose history with private philanthropy has long been marked by a lack of trust and paltry funding

Package delivery company DHL is suing MyPillow, alleging the company synonymous with its founder, chief pitchman and election denier Mike Lindell owes nearly $800,000 for unpaid bills

Nifty50 reached an all-time high level of 25,400 for the first time on Thursday, many investors are now looking for a strategy they should follow for their investments. An investor should embrace a long term horizon and should diversify across time. Also, one should avoid euphoric entry points and stay invested through the downturns, according to a study by Capitalmind Financial Services. The report also highlights that index funds look appealing after Nifty’s consistent long-term returns. According to the study an investor should:

Prime Minister Narendra Modi. PM Modi interacted with para-athletes following their historic Paris Paralympics campaign at his residence 7, Lok Kalyan Marg in the national capital on Thursday. Speaking to PM Modi during the meeting, Antil said, «This is my second consecutive Paralympics Gold Medal. After Tokyo, I promised you to get two more golds. This one is for you. On behalf of my whole team, I thank you...When I talked to you on August 20 (before the Paralympics), I remembered those moments after the Tokyo win and told myself to do well.»

He will succeed current head of equities Philip Haworth, who has exited the firm after almost three decades. Aegon AM's Colin Finlayson: Where next for fixed income in 2024  «We would like to thank [Haworth] for his contribution to the team over this time and wish him all the best for the future,» a spokesperson for Aegon AM said.  Goddin's return comes four years after he originally left Aegon in 2020, when it rebranded from Kames Capital. Stonehage Fleming poaches Aegon investment manager for partner role Goddin left after eight years at Kames to join the impact equities te...

Georgia judge on Thursday dismissed three of the counts in the indictment accusing former US president Donald Trump and co-defendants of conspiring to overturn the results of the 2020 election in the southern state. Two of the three charges thrown out by Fulton County Superior Court Judge Scott McAfee involved Trump, and he now faces a total of eight felony counts in Georgia. McAfee declined, however, to quash the entire indictment, which accuses the Republican presidential candidate and his allies of racketeering and other offenses.

border talks with China, External Affairs Minister S Jaishankar said that 75 per cent of disengagement problems with Beijing are sorted out; however, the two nations «still have some things to do.» Jaishankar also underlined how India and China never had an easy relationship in the past. «We did not have an easy relationship in the past. What happened in 2020 was in violation of multiple agreements, the Chinese moved a large number of troops to the Line of Actual Control. We, in response, moved our troops up… Some progress on border talks with China. 75 per cent of disengagement problems are sorted out. We still have some things to do,» Jaishankar said during his conversation with Ambassador Jean-David Levitte at the Geneva Centre for Security Policy on Thursday.

Two new Federal Court decisions decided earlier this month demonstrate that some taxpayers continue to mess up when it comes to tax-free savings account contributions.

An estimated 67.1 million people watched the presidential debate between Kamala Harris and Donald Trump

The scheme is benchmarked against BSE 250 Large Midcap TRI and is managed by Sanjay Chawla and Miten Vora. This fund has offered 49.78% returns in the last one year and 22.04% in the last three years. Launched in September 2020, the scheme has offered 29.84% returns since inception.

Toronto-Dominion Bank has been ordered to pay about US$28 million by authorities in the United States for repeatedly sharing inaccurate information about its customers to consumer reporting companies.

Pierre Poilievre, the leader of the Conservative Party and the current favourite to win the next election, attacked former central banker Mark Carney for agreeing to help Justin Trudeau on economic policy.

TD Bank was ordered by a U.S. regulator on Wednesday to pay nearly US$28 million for repeatedly sharing inaccurate, negative information about its customers with credit reporting agencies, potentially tarnishing customers’ credit scores.

A Las Vegas man has pleaded guilty to a federal criminal charge alleging that he duped people into making charitable donations that were instead diverted to political action committees or his own companies

Olympic sponsor Panasonic is terminating its contract with the IOC at the end of the year

They faced the challenge of moderating what is probably the only general election debate between Kamala Harris and Donald Trump

Keurig Dr Pepper Inc. will pay $1.5 million to settle charges that it made inaccurate statements about the recyclability of its K-Cup single use beverage pods

From the opening moments of her first debate against Donald Trump, Kamala Harris craftily exploited her opponent's biggest weakness. Not his record. Not his divisive policies. Not his history of inflammatory statements.

Harris and former President Donald Trump featured some sharp comments and memorable moments. Here are some of the most notable — and quotable — exchanges from Tuesday night's debate: «You're not running against Joe Biden. You're running against me.» — Harris, after Trump repeatedly criticized President Biden and his administration.