Action Financial News
16.03 / 20:36
Waters
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International
Indian Navy establishes link with cargo ship Ruen's crew after thwarting Somali pirates' hijacking attempt
ANI, that they have established communication with the crew of the merchant vessel, where the 15-plus crew is from Bulgaria, Angola, and Myanmar. As per inputs from the crew, there are around 25 pirates on board the merchant vessel who could have been using it as the mother ship for carrying out piracy in nearby areas.
16.03 / 12:53
Citi
Platform
Action
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Features
cricket
How to watch IPL 2024 in Oman: Your ultimate guide to catching the tournament live
IPL 2024 begins, cricket enthusiasts around the world eagerly anticipate the thrilling matches set to unfold. From the inaugural clash between the Chennai Super Kings and the Royal Challengers Bangalore on March 22 to the final showdown, fans are eager to catch every moment of the action. If you're in Oman and wondering how to catch the IPL excitement, we've got you covered.
16.03 / 04:31
Target
Action
Election
awards
Highways
reports
Department
Expecting Model Code of Conduct to kick in, government departments speedrun project approvals
Election Commission announced it would hold a press conference on Saturday at 3 pm to announce dates for the upcoming Lok Sabha elections, departments in the Central government went full throttle to approve projects and policies. Once the Election Commission makes the dates for the elections public, the Model Code of Conduct will kick in, curtailing government departments' abilities to make major policy decisions, with some decisions requiring prior permission from the poll body. According to a Times of India report, the National Highways Authority of India (NHAI) and other offshoots of the Ministry of Road Transport and Highways of India (MoRTH) were working into the night on Friday to issue letters of award for projects, which will ensure highway developers can start work.
16.03 / 03:43
markets
Provident
Progressive
Action
security
wellness
testing
Sebi pushes for ease of doing biz; clears relaxations for FPIs
Sebi on Friday approved a raft of relaxations for foreign portfolio investors, alternative investment funds and entities seeking to raise funds through initial share sales, as part of facilitating the ease of doing business in the securities market. Also, the board of Securities and Exchange Board of India (Sebi) gave its nod for a uniform approach for verification of market rumours by entities that have listed their equities. In a move aimed at testing the feasibility of the optional T+0 settlement mechanism, a Beta version for a limited 25 scrips and limited brokers will be launched.
16.03 / 03:43
markets
MET
Progressive
Action
security
Cycling
testing
Sebi defers full launch of same day settlement
market regulator on Friday deferred a full launch of optional same day settlements, according to a press release. The Securities and Exchange Board of India (SEBI) said that same day settlement, or T+0, would be launched for only 25 stocks and with a limited set of brokers to test the efficacy of a shorter settlement cycle.
15.03 / 22:53
markets
Reuters
Landmark
Action
Nikkei
country
reports
BOJ to end negative rate policy next week, says Nikkei
TOKYO (Reuters) — The Bank of Japan is expected to end its negative interest rate policy on Tuesday on substantial wage hikes by big firms in this year's wage negotiations, the Nikkei newspaper reported on Saturday.
15.03 / 19:09
markets
Progressive
Action
security
Cycling
show
SEBI approves launch of beta version of T+0 settlement from March 28
Also Read: Most unresolved investors' complaints belong to venture capital funds, Sebi data shows The securities markets had so far been operating at a T+1 settlement cycle. It introduced T+1 in 2021 and implemented in phases, with the final phase completed in January 2023.
15.03 / 16:43
UPS
Action
Election
reports
shock
Courts
Kavitha arrest before polls may hit BRS morale, hasten desertions; party calls for protests tomorrow
Kavitha, daughter of former chief minister and BRS supremo K Chandrasekhar Rao, a day before the Election Commission is set to announce the schedule for the Lok Sabha elections, may have some psychological impact on party workers. Former minister T Harish Rao said at a press conference that the party will hold protests in the headquarters of all the assembly constituencies tomorrow. The Enforcement Directorate arrested BRS leader K Kavitha today in Hyderabad in connection with a money laundering probe linked to the alleged Delhi excise policy scam.
15.03 / 16:13
Action
Justice
Courts
Uber, Lyft drivers drop price-fixing lawsuit in California
Uber and Lyft drivers have dropped a class-action lawsuit in California that accused the ride-hailing companies of unfairly stopping them from setting their own fares as independent contractors. The drivers in a filing on Wednesday said they had dismissed their case, which hit a major setback last year when a San Francisco Superior Court judge ruled that the plaintiffs would be required to arbitrate their claims individually.
15.03 / 15:53
Digital
Action
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reports
guidelines
Courts
rights
Govt launches dedicated portal for consumer protection authority, digital courts
Mint was the first to report about the launch of the portal. CCPA, which reports to Ministry of Consumer Affairs, also launched e-court facility for State Consumer Disputes Redressal Commission (SCDRC) in Chandigarh, Punjab, Haryana, Maharashtra and Delhi. The e-court will facilitate easy e-filing of complaints by consumers for the speedy and hassle-free resolution of their complaints.
15.03 / 15:09
Action
Entertainment
Sony
consequences
stars
Courts
International
Disney-owned Star India begins arbitration against Zee Entertainment
₹141.80 on March 15, against previous close at ₹146.90. According to Star India's claim, filed under the Arbitration Rules of the London Court of International Arbitration, Zee is purportedly in violation of the terms stipulated in the agreement dated August 26, 2022.
15.03 / 14:31
Action
Sony
film
actress
stars
Headlines
International
Lights, camera, action! Madhubala biopic to go on floors, film on diva’s life to be helmed by ‘Darlings’ director Jasmeet K Reen
Bollywood diva will soon be adapted for the big screen! Taking to its social media handle on Friday, Sony Pictures International Productions and Brewing Thoughts Pvt. Ltd announced that the film has gone on floors. The biopic will be co-produced by Madhubala’s sisters Madhur Brij Bhushan and Arvind Kumar Malviya through the banner Madhubala Ventures. Taking to Instagram, Sony Pictures International wrote, “We’re thrilled to announce our upcoming film honoring the legendary Madhubala, the epitome of grace and talent. Get ready to delve into the timeless charm and captivating story of one of Bollywood’s most iconic stars. Stay tuned for updates! #MadhubalaFilm #BollywoodLegend #ComingSoon..” This announcement comes months after there was a buzz that renowned fashion designer Manish Malhotra would be making his directorial debut that will also star ‘Mimi’ star Kriti Sanon as the lead. However, in an interview with the Pinkvilla, Bhushan put the rumours to rest. “The idea is to not hurt anyone’s sentiments (through the said biopic) but we will showcase several unknown facets of Madhu Apa’s life that aren’t out in public. The film shall also put a number of misnomers/inaccuracies about her life to rest. Makers of Apa’s biopic backed by me will have all the creative freedom to put out her life in a truthful and honest manner,” she told the entertainment portal.
15.03 / 14:17
15.03 / 13:15
Action
Election
WhatsApp
reports
Department
BRS leader K Kavitha taken into custody, say reports
Bharat Rashtra Samiti (BRS) MLC K Kavitha was taken into custody on Friday evening. The development came hours after Income Tax Department (I-T) and Enforcement Directorate (ED) officials conducted searches at her Hyderabad residence, according to media reports. Earlier on Friday, at least 10 officers from both agencies from New Delhi had conducted searches in the presence of Kavitha and her husband D Anil Kumar. It was not clear if the action is linked to the now-scrapped Delhi excise policy linked case of the central agency in which the ED has questioned the BRS MLC and daughter of former Telangana chief minister Chandrashekar Rao, PTI reported citing official sources. The ED had claimed Kavitha was linked to a «South Group» lobby of liquor traders who were trying to play a larger role under the now scrapped Delhi excise policy for 2021-22.
15.03 / 12:13
Action
WhatsApp
Investigations
Govt orders CID probe into sexual assault allegations against former CM of Karnataka BS Yediyurappa
BJP Parliamentary Board member BS Yediyurappa. The Bengaluru Police late on Thursday night registered an FIR under the Protection of Children against Sexual Offences (POCSO) Act against the former CM based on a complaint from a woman who accused him of sexually assaulting her 17-year-old daughter, last month. The government later transferred the case to CID. Chief Minister based on a complaint from a woman who accused him of sexually harassing her 17-year-old daughter, last month. The complainant said the alleged incident took place when they both went to see the former CM seeking help in a police case.
15.03 / 11:39
Action
Election
President
Department
donates
Investigations
Electoral bonds data: Congress takes ‘na khanga, na khane dunga’ dig at PM Modi, demands freezing of BJP accounts
Congress got only 11 percent," the Congress President said. Mallikarjun Kharge demanded a special investigation into the donations made through electoral bonds and said that the account of the BJP must remain frozen till the completion of the probe. "Even our voter pattern (percentage) if you see we are nearly one-third and the rest of the people are two-third including BJP, but in donations, they got more than 50 percent.
15.03 / 11:39
markets
Ethereum
CEO
Action
Trade
Experts
Bitcoin
Bitcoin’s bull run screeches to a halt; drops 7 per cent in a day to trade at $67,830
CoinDesk data shows. The price of bitcoin even dropped to as low as $67,000 before recovering in the later part of the day. Some cryptocurrency experts believe that this was expected on account of profit booking that usually follows a bull run, while there is another view that argues that the crypto price drop may be linked to the release of Producer Price Index (PPI) by US Federal Reserve.
15.03 / 11:39
markets
Provident
Action
security
Trade
information
What is a Power of Attorney for a Demat account? A look at its types, precautions to take and FAQs
demat accounts. This article seeks to demystify the intricacies of Power of Attorney (PoA), exploring its various types, precautions to take, and more. Whether you're a seasoned investor or a newcomer to the stock market, this guide aims to provide you with the insights needed to make informed decisions.
15.03 / 10:13
JPMorgan
Action
Gap
Trade
performer
Department
JPMorgan fined almost $350M for issues with trade surveillance program
JPMorgan is facing nearly $350 million in fines from bank regulators due to issues with its trade surveillance program
15.03 / 10:01
Action
Fighting
security
wellness
War
Hezbollah tells Iran it would fight alone in any war with Israel
Hamas under attack in Gaza, the head of Iran's Quds Force visited Beirut in February to discuss the risk posed if Israel next aims at Lebanon's Hezbollah, an offensive that could severely hurt Tehran's main regional partner, seven sources said. In Beirut, Quds chief Esmail Qaani met Hezbollah leader Sayyed Hassan Nasrallah, the sources said, for at least the third time since Hamas' deadly Oct. 7 attacks on southern Israel and Israel's devastating retaliatory assault on Gaza. The conversation turned to the possibility of a full Israeli offensive to its north, in Lebanon, the sources said. As well as damaging the Shi'ite Islamist group, such an escalation could pressure Iran to react more forcefully than it has so far since Oct. 7, three of the sources, Iranians within the inner circle of power, said.
15.03 / 10:01
markets
Ethereum
Digital
CEO
Action
MicroStrategy
Bitcoin
Follow the decentralised money: Tracing the most influential crypto whales
Satoshi Nakamoto: The enigmatic creator of Bitcoin, Satoshi Nakamoto, is perhaps the most influential crypto whale of all time. With an estimated stash of over one million Bitcoins mined in the early days of the cryptocurrency, Nakamoto's holdings remain untouched, making them one of the largest concentrations of wealth in the crypto world. While Nakamoto's identity remains unknown, their actions, or lack thereof, continue to impact Bitcoin's market dynamics.
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