2020 Financial News
06.06 / 13:07
markets
SEC
security
social
2020
reports
recommendations
SEC marketing rule has ‘fallen short’ of industry expectations
When the Securities and Exchange Commission implemented its Marketing Rule in November 2022, there was caution, but also expectation of modernization and greater flexibility.
06.06 / 05:07
UPS
security
Healthcare
social
2020
reports
Department
Multibagger NBCC share price climbs over 8% after company bags new orders worth ₹491 crore
NBCC (India), the state-owned construction firm, jumped 8.4% in today's early morning deals, reaching ₹141 apiece after the company received orders worth ₹491.45 crore from multiple clients.In an exchange filing on Wednesday, the company announced that it secured a ₹112 crore order from the Central Government Health Scheme (CGHS) for the construction of a multi-facility healthcare complex. Additionally, it won a ₹73.27 crore order from the Department of Social Security and Empowerment of Persons with Disabilities for the construction of the Infrastructure Complex (IIC) with peripheral development in Bargarh District, Odisha.Also Read: 4 auto stocks including Bajaj Auto, TVS Motor hit new all-time highs – here's whyThanks to strong order wins this year, the stock has rewarded shareholders with a return of 79% over the past six months and 219% over the last year.
06.06 / 00:41
security
Align
Healthcare
cover
2020
reports
rights
Financial
How financial planning helped this Mumbai family
Ensuring financial independence and security in the later years of life is a cornerstone of financial planning.
06.06 / 00:13
Provident
FIVE
Strategy
wellness
2020
Interviews
International
Brookfield says it can triple size of private equity business in 5 years
Brookfield Asset Management Inc. can triple the size of its private equity unit in the next five years, said Anuj Ranjan, the head of the business, in an interview with Bloomberg TV.
05.06 / 20:59
FIVE
2020
RBC leads big banks to cut prime rate to 6.95% following Bank of Canada
The Bank of Canada cut its key interest rate Wednesday and Canadian banks are following suit.
05.06 / 18:25
markets
Instagram
beautiful
social
pop
2020
reports
After beauty, skincare and clothing, this is Rihanna's latest business venture
beauty industry with her groundbreaking 'Fenty Beauty' cosmetics line in 2017, pop diva Rihanna introduced a skincare lineup, 'Fenty Skin' in 2020. Four years down the line, the billionaire singer has once again made a foray into the beauty industry and announced on Tuesday that she would launch her latest venture, Fenty Hair, on June 13, reports ABC News'. Rihanna took to social media and posted a promotional video of herself in a blonde pixie cut and trench coat. She wrote, "@fentyhair is pulling up and it's time to finally have the hair experience you've been waiting for."
05.06 / 17:09
markets
Reuters
economy
Cycling
information
2020
reports
Rate Cut
Bank of Canada delivers 1st rate cut since March 2020
The Bank of Canada lowered its benchmark interest rate by a quarter-percentage point on Wednesday, marking a significant turning point in the central bank’s efforts to tame inflation.
05.06 / 10:25
UPS
economy
Food
information
2020
Equality
Inflation would feel bad even if it’s redefined to be less harsh
The people who experience the US economy disagree with the people who measure it, and the most likely reason is inflation: Most Americans still see it as a major problem, while economists don’t. But this debate recently veered from economics to semantics. Has the common definition of ‘inflation’ changed, and do economists just need to accept it? Felix Salmon of Axios answers ‘yes’ to both questions.
05.06 / 08:01
05.06 / 07:15
UPS
BLOCK
Progressive
Racing
Election
2020
District attorney in Alec Baldwin's case wins New Mexico Democratic primary race
An incumbent district attorney pursuing an involuntary manslaughter charge against Alec Baldwin has fended off a Democratic challenger in New Mexico’s primary election to ensure her reelection
05.06 / 02:35
CEO
Entertainment
show
performer
rapper
2020
Features
stake
Diddy sells off his stake in Revolt, the media company he founded in 2013
Sean “Diddy” Combs has sold off his stake in Revolt, the media company the rapper and entrepreneur founded over a decade ago
05.06 / 01:07
BLOCK
Progressive
Election
community
Bill
2020
New Mexico primary holds implications for Legislature and prosecutor in Alec Baldwin case
implications for Native American communities, the state's oil industry and the #MeToo movement. New Mexico has a closed primary system that limits participation to voters who register with major parties, leaving out Independent or unaffiliated voters, but not Libertarians. Making it through to the general election might hinge on small margins because of generally low turnout.
04.06 / 20:07
FIVE
Election
WhatsApp
2020
Eknath Shinde’s 7 & Chirag Paswan’s 5 seats crucial in helping NDA gain majority in Lok Sabha
Shiv Sena leader Eknath Shinde, whose seven seats along with Chirag Paswan’s five are going to be crucial in helping the NDA gain majority in the Lok Sabha, could seek from the BJP a “free hand” in governing Maharashtra and greater representation of Shiv Sena leaders in the new government.
04.06 / 18:47
UPS
Bill
Patterson
2020
Courts
Interviews
Investigations
Texts from ‘Randy’ raise questions about minister’s role at company while in office, Boissonnault denies
Text messages obtained by Global News raise questions about whether Employment MinisterRandy Boissonnault engaged with his former business partner on deals a year after he joined the federal cabinet, but Boissonnault denies that he’s the “Randy” referenced in the exchange.
04.06 / 17:53
markets
security
Experts
queer
2020
politician
Slender win for NDA queers pitch for street, investors lose ₹31 trillion
₹31 trillion on Tuesday, as the national vote count belied predictions of punters, pollsters and politicians. The Nifty and Sensex plunged the most in four years as it became clear that the Narendra Modi-led Bharatiya Janata Party (BJP) will fall short of the 272 seats required to form a government on its own. While the BJP-led NDA secured a comfortable majority, the numbers were far below Modi's call for 400 seats, and exit poll predictions of above 350.
04.06 / 16:47
UPS
awards
2020
mountaineering
PacifiCorp will pay $178M to Oregon wildfire victims in latest settlement over deadly 2020 blazes
Pacific Power, part of PacifiCorp, says it has agreed to a nearly $180 million settlement with over 400 Oregon plaintiffs
04.06 / 16:09
UPS
FIVE
Aviat
Election
2020
Turncoats in 2024 LS polls: Scindia, Jindal, Jitin Prasad win; loss for Preneet Kaur, Sita Soren
Jyotiraditya Scindia, industrialist Naveen Jindal and UP Minister Jitin Prasada are among the turncoats who won the Lok Sabha polls while Ashok Tanwar, Sita Soren and Preneet Kaur joined the list of those who had defected to the saffron party but could not succeed. Aviation Minister Scindia won from Guna constituency in Madhya Pradesh by a margin of over five lakh votes.
04.06 / 16:05
markets
Target
economy
Election
community
country
2020
Surprised India Inc bets on reforms and growth
Mint that the opposition getting substantial votes is also a sign that checks and balances are in place. Sajjan Jindal, chairman of JSW Group, in a statement on today's election results, said, “Very difficult to gauge the mood of public in a vast country like ours. This is amply clear from today’s numbers! What we are witnessing today is something nobody expected and showcases how a democracy of our size functions.""The biggest question on the mind of investors is whether the pace and quality of reform will continue as it has over the past 10 years without the single majority.
04.06 / 16:05
COST
UPS
Provident
economy
love
2020
Poll result debacle: The stock market’s love for the BJP cost it dearly
₹2,79,369 crore in Indian stocks, though they have net sold stocks April onwards. Indeed, domestic investors also turned to investing in stocks after covid. The number of demat accounts jumped from 39.4 million in December 2019 to 154.4 million in April 2024.
04.06 / 16:05
FIVE
Election
trends
President
show
2020
Lok Sabha 2024 turncoats: Jyotiraditya Scindia wins, Sita Soren loses; check details
Lok Sabha polls while Ashok Tanwar, Sita Soren and Preneet Kaur joined the list of those who had defected to the saffron party but could not succeed.Aviation Minister Scindia won from Guna constituency in Madhya Pradesh by a margin of over five lakh votes.In 2019, Scindia had contested the polls from Guna on a Congress ticket but lost to BJP's Krishna Pal Singh. The constituency has been a stronghold of the Scindia family, represented by his grandmother Vijaya Raje Scindia, popularly known as the Rajmata of Gwalior, for four consecutive terms from 1989 to 1998 as a BJP member.ALSO READ: Lok Sabha Election Results 2024 Live UpdatesIn 2020, he revolted against the Congress and joined the BJP along with his 22 loyalist MLAs in Madhya Pradesh, which resulted in the BJP assuming control of the state government.Industrialist and two-time MP Naveen Jindal had joined the BJP in March this year, ending his two decade long association with the Congress.
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