Action Financial News

06.01 / 14:22
FIVE Action security community Myanmar rights politician Manipur: Meetei Council urges PM Modi to settle and rehabilitate people driven out of Moreh since 1991
Meetei Council Moreh has urged the Prime Minister of India Narendra Modi to settle and rehabilitate all the people driven out of Moreh since 1991. On January 2, seven security personnels were injured in an attack by suspected militants at bordering Moreh in Tengnoupal district. Moreh is just 4 km to the west of Myanmar’s largest border town Tamu.
06.01 / 13:02
Citizens Action SPY War country peace North Korea fired over 60 rounds of artillery near sea border: South Korea
North Korea's shells landed in a buffer zone created under a 2018 tension-reducing deal, which fell apart in November after the North launched a spy satellite. Seoul's military said Saturday that "the repeated artillery fire within the prohibited hostile act zone by North Korea poses a threat to the peace on the Korean Peninsula and escalates tensions". They issued "a strong warning", and urged North Korea to immediately stop such actions.
06.01 / 11:14
markets UPS Action Trade Experts information Bajaj Auto, Chambal Fertilisers’ boards to meet on Monday to mull share buyback
Bajaj Auto and Chambal Fertilisers & Chemicals will be in focus on Monday, January 8, when the market resumes trade as the boards of the companies will meet to consider and approve buyback of shares. Both Bajaj Auto and Chambal Fertilisers had informed about the meetings and buyback proposals on Wednesday, January 3. While Bajaj Auto's shares have gained 5% since the announcement, Chambal Fertilisers' share price has dropped by 3.4%. On Friday, shares of the two-wheeler stock settled at Rs 6,995.90 on the NSE, up 1.07%, while those of Chambal finished at Rs 373.20, down 3.48%.
06.01 / 11:11
markets UPS Target Action wellness Trade show week 6 stock recommendations from Rajesh Palviya for the next week
Most of the real estate stocks have done well and we believe that another 5% to 10% kind of rally can be expected in the coming week, says Rajesh Palviya, Axis Securities. Edited excerpts. Do you believe that we could be range bound in the times ahead or there could be some weakness or strengthening from these levels next week? If we analyse the tone, it is on the bullish side and yes benchmark indices are behaving in a range-bound kind of activity since the last couple of trading sessions. If we analyse the derivative data, major put writing activities are seen around 21,500 and 21,600 strikes. So, this range is likely to act as a good support area in the decline. Even in Friday's session, we have seen a sharp dip and then again the major put writing activity has been witnessed around 21,500 strikes. We have seen a sharp pullback action from the lower end of the corrective move. So, on the higher side, the major supply zone is still placed at 21,750. That level needs to be taken out by the Nifty, then we can see short covering action and then possibly the Nifty can scale up to the level of 21,900, even beyond the 22,000 kind of level.
06.01 / 07:07
UPS Action Justice prevention Courts Wipro challenged former CFO Dalal's arbitration request
ruled that the case should be settled through arbitration, as stipulated in most of the agreements between the parties. “[I]n case where there is arbitration clause in agreement, it is obligatory for the court to refer the parties to arbitration in terms of their arbitration agreement and nothing remains to be decided in the original action if such an obligation is made except to refer the dispute to an Arbitrator," said the order dated 3 January, which was made available on Friday. Wipro, according to the full order reviewed by Mint, had asserted that the arbitration clause in their agreement with Dalal was flawed.
06.01 / 06:44
FIVE Booking Action Trade Experts reports week Sobha shares record 28% gains this week. Here's what triggered the rally
Sobha jumped over 28% this week scaling a fresh 52-week high of Rs 1,343.35 in the process. Over the five trading sessions, the stock witnessed declines on two occasions as investors booked profit following strong upticks. On Friday, Sobha shares closed at Rs 1,269 on the NSE, down by Rs 26.25 2.03%. A ‘buy’ call by brokerage Motilal Oswal along with buying action in the realty stocks triggered a sharp rally in Sobha shares this week.
06.01 / 06:43
UPS FIVE Action security Trade track evacuation How Indian Navy's daring mission to rescue 21 crew members from hijacked vessel unfolded
Indian Navy's elite marine commandos successfully rescued 21 crew members, including 15 Indians, from the Liberian-flagged vessel MV Lila Norfolk on January 5, 2024. The action was a rapid response to an attempted hijacking in the North Arabian Sea. The operation involved deploying a warship, maritime patrol aircraft, helicopters, P-8I, and long-range aircraft, along with Predator MQ9B drones. The incident, which saw around five to six armed personnel attempting the hijacking, triggered a swift and decisive intervention by the Indian Navy. «All 21 crew including 15 Indians onboard the vessel were safely evacuated from the citadel,» PTI quoted Indian Navy's spokesperson Commander Vivek Madhwal as saying. «Sanitisation by MARCOs commandos has confirmed the absence of the hijackers.
06.01 / 05:49
Action President Justice reports Courts International Israel's choice for genocide defence at ICJ, Alan Dershowitz, accused of ‘raping minor’ in Epstein documents
Benjamin Netanyahu had reportedly planned to employ American advocate Alan Dershowitz's skills to defend Tel Aviv in the International Court of Justice (ICJ), against a case alleging genocide brought forth by South Africa. The advocate famous for his notorious clientele, was Netanyahu's choice the ICJ court, next week.
06.01 / 05:26
Action security Election President information 2024 Bangladesh to hold general elections on 7 January 2024 amid security concerns. All you need to know
PTI. Members of the Coast Guard, Border Guard Bangladesh (BGB), and Rapid Action Battalion (RAB) will also be on election duty to oversee security arrangements. Border Guard Bangladesh (BGB) will take command of security arrangements in 45 bordering upazilas while the Bangladesh Navy will operate in 19 districts, including Bhola and Barguna.
05.01 / 18:24
markets Provident Action coinbase Gemini information testing Crypto Firms Across the UK Begin to Roll Out Risk Assesments Ahead of Monday Deadline
A number of cryptocurrency firms operating in the U.K. are rolling risk assessments ahead of new rules set out by the Financial Conduct Authority (FCA) expected to begin on Monday, January 8th.
05.01 / 17:45
Progressive Action Justice performer hospital Courts West Bengal Governor warns of "constitutional actions" over ED officials attack
West Bengal Governor CV Ananda Bose on Friday warned of «appropriate Constitutional actions» if the state government fails to perform its “basic duty” in connection with the attack on enforcement directorate officials on Friday in North 24 Parganas district’s Sandeshkhali. Bose has called the state’s director general of police, the chief secretary and home secretary to Raj Bhawan to discuss the matter. The Governor visited the ED officials at the hospital today Meanwhile, high court Justice Abhijit Gangopadhyay observed that if federal agencies are attacked, how will the probe progress? The ED officials had gone to Sandeshkhali in connection with the alleged ration distribution scam, when a mob attacked them. The CISF personnel present were outnumbered by people suspected to be Trinamool Congress supporters and followers of party leader Sheikh Shahjahan, a close aide of arrested former food minister Jyotipriya Mullick. Referring to it as a «ghastly incident», Bose said, «It is alarming and deplorable.
05.01 / 17:43
Action Assurant Death information reports prevention Traffic Take the road out of perdition
Transport unions continue to demand the rollback of new provisions for hit-and-run accidents, even as GoI has assured striking bus, truck and tanker drivers that the new provisions will not be implemented without further consultation. Sure, GoI must hear out the protesters.
05.01 / 17:43
UPS Merit Action social Courts Stop the preaching, judges, do the job
Supreme Court has with commendable alacrity taken up for review a judgment delivered by the Calcutta High Court in a case of underage sexual abuse that is problematic on several counts. First, the judgment goes beyond its brief to decide on the merits of the appeal against the ruling of a lower court. Second, the judgment suggests amendment of the law on underage sex and invoked discretionary powers to pronounce the verdict.
05.01 / 17:26
Provident Action security Mobile wellness President Inside ED officials attacked on Friday in North by Trinamool supporters
Enforcement Directorate (ED) officials were attacked on Friday in North 24 Parganas district's Sandeshkhali allegedly by Trinamool supporters, with three officers receiving serious injuries, as they tried to raid the residence of local Trinamool Congress leader Shahjahan Sheikh in connection with the ration distribution case. The vehicles of CISF and ED were also vandalised allegedly by the Trinamool followers of Sheikh, sources said. Apart from the ED officials, CISF and some mediapersons were also beaten and assaulted by the Trinamool miscreants. As ED officials reached Sheikh’s residence this morning, his house was cordoned off by the CISF.
05.01 / 15:28
Aware Action Sustainability Research Trade medicines Investigations Mizoram is keen to offer eco-friendly & sustainable tourism: CM Lalduhoma
Mizoram chief minister Lalduhoma said that Mizoram is keen to offer eco-friendly and sustainable tourism that respects the fragile ecology of the State and its meagre population but not interested in mass tourism. Merchants' Chamber of Commerce & Industry (MCCI) organised a Felicitation & Interactive Session of the new Mizoram chief minister in Kolkata. He said, “Mizoram is keen to offer eco-friendly and sustainable tourism that respects the fragile ecology of the State and its meagre population but is not interested in mass tourism”. He said that Mizoram is the second largest producer of bamboo in Northeastern India and second largest producer of strawberries in India. It is a gold mine for researchers seeking out medicinal and aromatic plants.
05.01 / 15:05
Action Justice Department Courts Investigations Delhi HC asks CBI and DRI to look into allegations of over-invoicing of equipment by Adani Power
DRI) to look into the allegations of over-invoicing of equipment by Adani Power will not apply till the Supreme Court decided a review petition filed in a related case. A Division bench comprising justice Suresh Kumar Kait and Neena Bansal Krishna noted that Adani Power’s submissions that the department (revenue) has filed a review in the SC. “Accordingly, till then, direction given in paragraph 52 (directing the CBI to look into over invoicing allegations) shall not be applicable in case of Adani Power,” it said. A review petition filed by the Revenue department against dismissal of its appeal last year is pending before the apex court.
05.01 / 14:21
UPS Digital Platform Action Trade Bitcoin fiu Indian crypto exchanges record higher trading volumes after FIU action on global exchanges
cryptocurrency exchanges are recording higher trading volumes, deposits, and user registrations following Financial Intelligence Unit's (FIU’s) decision on December 28, 2022, to issue compliance show-cause notices to nine global crypto exchanges along with a request to the IT ministry to block their URLs for not adhering to Indian regulatory norms. Leading Indian crypto exchange Coin DCX has recorded a sharp increase in deposits post-FIU's action. “CoinDCX witnesses a phenomenal 2000% surge in crypto deposits as investors prioritise compliance and security. The fact that CoinDCX is the first FIU-registered entity and ISO-certified is working for us. We have enabled crypto deposits, and the process of transferring virtual digital assets (VDAs) from other platforms to CoinDCX is straightforward and hassle-free,” said Sumit Gupta, co-founder & CEO of CoinDCX, which has over 1.4 crore users on its platform currently. “Even our signups have gone up by 2X.” Another prominent crypto exchange, CoinSwitch, witnessed a jump in trading volumes. It also reinstated crypto deposits on Thursday, a service which it had suspended last year.
05.01 / 13:42
UPS Action information reports Courts MS Dhoni files criminal case against ex-business partners for alleged fraud
MS Dhoni has taken legal action against two ex-business partners, claiming they deceived him of approximately Rs 16 crore. Former Team India captain filed a criminal case against the directors of Aarka Sports, a sports management company, in a Ranchi court, as reported by PTI. According to Dayanand Singh, Dhoni's representative, the case has been filed under sections 406 and 420 of the IPC.
05.01 / 12:39
Provident Action Photos cover reports Courts MS Dhoni files criminal complaint against ex-business partners over alleged fraud of ₹15 crore
₹15 crore, reported NDTV. According to the report, a complaint has been filed against Mihir Diwakar and Soumya Vishwas in Ranchi court in connection with a 2017 business deal. Earlier in 2017, to open cricket academies across the world in the cricketer's name, Diwakar had reportedly signed a deal with Dhoni.
05.01 / 07:14
Provident Action security show Ration scam: TMC supporters attacks ED officials, vandalizes ED and CISF vehicles in Sandeshkhali during probe
Vehicles of the central agencies and CISF were vandalized and windscreens broken, sources said. The ED officials were at the spot in connection with the ongoing probe of the alleged PDS scam. The media and camera persons were also attacked and injured. Reacting sharply, Union Minister for Home Affairs (MoS) Nishith Pramanik said, «This incident is very unfortunate… The central government has taken it very seriously… When some central agency is in a state, it is the responsibility of the state government to provide them security and safety.
05.01 / 07:11
markets COST Aviat Action Airlines travelers International TMC MP Saket Gokhale raises concerns over IndiGo flight delays due to lack of crew members
Trinamool Congress (TMC) representative Saket Gokhale has heightened concerns at the Directorate General of Civil Aviation (DGCA) concerning the persisting flight delays plaguing IndiGo Airlines, primarily stemming from issues with crew availability. Directly addressing DGCA's director-general, Vikram Dev Dutt, Gokhale pressed for immediate action and sought a detailed account of measures undertaken by the airline within a week. Concurrently, IndiGo has unveiled a significant development by abolishing fuel surcharges across its domestic and international flights. Effective immediately from January 4, 2024, this decision follows a decline in Aviation Turbine Fuel (ATF) prices.

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