Action Financial News

The former Bitwise Industries CEOs, Irma Olguin Jr and Jake Soberal, were charged by the SEC with misleading investors about the company’s finances. “We allege that Soberal and Olguin resorted to blatant fraud, including the creation of fake financial documents, to deceive investors and raise money,” said Monique C.

Australian Community Media executive chairman Antony Catalano has proposed selling some of his company’s most storied publications, including The Newcastle Herald, Illawarra Mercury and The Canberra Times, to Southern Cross Media in exchange for a major stake in the ASX-listed group.

Flipkart: The APPLE iPhone 14 (Blue, 128 GB) is currently priced at ₹57,999 after a discount of 17 percent. Moreover, customers can avail a bank offer 10 percent instant discount on SBI Credit Card EMI transactions, up to ₹1500. To further reduce its price, customers can exchange their old smartphones for a value of up to ₹42,000.

OTTs like Disney Plus Hotstar, Netflix and Amazon Prime Video promises a little something for everyone. Here's a curated list of the most promising releases this week, from action movie ‘The Killer,’ comedy movie ‘Dina Hashem: Dark Little Whispers’ to drama show ‘At the Moment,’ and more. Release date: November 10 Platform: Netflix ‘The Killer’ is an American neo-noir action thriller film directed by David Fincher and written by Andrew Kevin Walker.

air emergency in the national capital, the Union Health Ministry on Friday issued an advisory for children in Delhi and neighbouring states amid mounting pollution concerns and toxic air days that have emerged as a clear and present danger to public health. However, in a measure of respite from the smog or toxic cloud that has been hanging heavy over the national capital in the last week and more, the city on Friday received showers that saw the overall Air Quality Index (AQI) drop below 400. The Central Pollution Control Board (CPCB) pegged the city's overall AQI at 398 at 10.30 am on Friday. The central health advisory on Friday laid particular emphasis on children, as it advised school authorities, heads, teachers as well as parents to develop mechanisms to create awareness and motivate students to adopt better practices to mitigate and adapt to air pollution. The ministry said schools should organise awareness events and award children for taking up mitigation practices to fight air pollution. «Areas: Cities and urban areas are more likely to have outside pollution levels.

Omegle, the once-popular online chat platform, has officially shut down after a 14-year run, marking the end of an era in the world of random online conversations. Founded in 2009 by Leif K-Brooks, Omegle gained fame for its unique approach of connecting strangers for anonymous one-on-one interactions. However, the platform faced substantial challenges over the years, leading to its ultimate demise.

CarTrade Tech jumped over 13% to hit their 52-week high of Rs 825 on the NSE on Friday following the September quarter earnings posted by the company on Thursday where the online classifieds and auto auction platform reported a 44% jump in its revenue growth and a 132% growth in profit after tax (PAT). Today's gains take stocks' rally to seven sessions in a row. The price action was supported by volumes as 16 lakh shares changed hands on the NSE around 11:15 am. The company recorded a total income of Rs 330.24 crores in Q2FY24 with net revenue reported by it during the quarter at Rs 147.94 crores, the company filing to the exchanges revealed.

Tech Mahindra Ltd.(up 0.6 per cent), L&T Technology Services Ltd.(up 0.33 per cent) and HCL Technologies Ltd.(up 0.05 per cent) were among the top gainers. LTIMindtree Ltd.(down 0.76 per cent), Persistent Systems Ltd.(down 0.75 per cent), Coforge Ltd.(down 0.49 per cent), Infosys Ltd.(down 0.45 per cent) and MphasiS Ltd.(down 0.25 per cent) were the top losers on the index.

Raamdeo Agrawal, Chairman, Motilal Oswal Group, says “there is a long-term trend to allocate more for defence, and these defence companies are monopolistic, though they are public sector. So there is a little bit of challenge but there are well-run public sector, monopolistic, high return on capital companies and all and their dividend policy is better than private sector’s. You have an opportunity there. But you have to be a little bit more careful where the action is. So, you have to decide company-wise.” This year our theme for Diwali is Yeh Diwali Muskaan Wali. Looking back, do you have a smile on your face on how the year has been? Yes, we have forgotten Covid because there is so much smile.

Day trading guide for stock market today: After showing upside recoveries in the last couple of sessions, Indian stock market continued with choppy movement on Thursday and closed lower on Thursday. Nifty 50 index lost 48 points and closed at 19,395 levels, BSE Sensex went down 143 points and closed at 64,832 mark whereas Bank Nifty index finished 24 points higher at 43,683 levels.

markets remained range-bound for the third day in a row and ended marginally lower on Thursday. «Overall we expect the ongoing recovery to continue and any dips can be used as buying opportunity,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services Here's breaking down the pre-market actions: STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a negative start GIFT Nifty on the NSE IX traded higher by 41.5 points, or 0.21 per cent, at 19,380.5, signaling that Dalal Street was headed for negative start on Friday.

Delhi NCR received light rainfall on the intervening night of Thursday and Friday, bringing a much-needed respite from the increased air pollution in the national capital. The visuals from the Kartavya Path and the Delhi-Noida border showed light to moderate-intensity rain showers. The rainfall in the national capital comes amid the Delhi government's ongoing efforts to implement the idea of 'artificial rain' to curtail the pollution situation in the city. On Thursday, the Delhi government decided to carry out 'artificial rain' to combat the air pollution in the city, said officials. Meanwhile, the Delhi government has also fielded ministers to ensure the implementation of anti-pollution measures. As part of the inspection process, several Delhi ministers were seen on Thursday inspecting different areas and borders connecting Delhi to neighbouring states. Currently, Stage IV of the Graded Response Action Plan (GRAP) has been implemented in the national capital after the city's air quality plummeted to the 'severe plus' category.

Captain Marvel movie, titled "The Marvels," Carol Danvers reappears on the cinematic stage alongside fellow heroes Monica Rambeau and Kamala Khan. Rambeau, known from «Wandavision,» and Khan, the young hero from the «Ms. Marvel» series, complete the trio.

TrendMacro CIO Don Luskin argues the Fed is still 'pretending' the US has an inflation problem even though it's largely been conquered on 'Making Money.'

By Matt Tracy

Tata Consultancy Services and Cognizant Technology Solutions Corp. Cognizant appointed former Infosys executive S. Ravi Kumar as CEO following the dismissal of Brian Humphries in January.

Religare Enterprises Ltd, violated insider trading laws by selling shares of the financial services company immediately before the launch of their open offer on 25 September. A Religare spokesperson rejected the allegation, saying the sale was pre-planned. In a 7 November letter to the Securities and Exchange Board of India (Sebi), four investment firms of the Burman family flagged Saluja’s trades on 21 and 22 September, since they had not received any response after raising the issue with the board of Religare.

Former Deputy Assistant Treasury Secretary Christine McDaniel discusses Janet Yellen's trip to China, the Biden administration's 'Bidenomics' tour and the UPS, Teamster labor talks.

Lok Sabha ethics committee has adopted a report recommending Trinamool MP Mahua Moitra's expulsion from the Lok Sabha after a majority (6) of panel members voted in favour of it. The Lok Sabha has to pass a resolution next to expel the MP from the House. Moitra has been accused by BJP MP Nishikant Dubey of 'accepting cash for asking questions' in the Lower House. Those who voted in favour included Congress MP Preneet Kaur, wife of Captain Amarinder Singh, who is now with BJP, and panel chairman and BJP MP Vinod Sonkar. BSP MP Kunwar Danish Ali, Congress' V Vaithilingam, CPM's PR Natarajan and JDU's Giridhari Yadav voted against the recommendation and gave dissenting notes to the report.

The Chief Executive Officer of Ripple, Brad Garlinghouse, has voiced his disagreement with the regulatory posture taken by Jay Clayton, who formerly served as Chair of the US Securities and Exchange Commission (SEC). This criticism surfaced in response to statements made by Clayton during an interview with CNBC on June 29, 2023. Clayton was discussing the SEC's more aggressive legal stance against corporations, especially those operating in the cryptocurrency industry.

Justin Trudeau on Thursday condemned two incidents in Montreal in which two Jewish schools were struck by bullets overnight.“This hate doesn’t have its place here in Montreal, or anywhere in Quebec or anywhere in Canada,” Trudeau told reporters during a news conference.Montreal police say staff members discovered bullet holes on the outside of the two schools located on St-Kevin Avenue and Deacon Road when they arrived in the morning.Const. Jean-Pierre Brabant said no injuries were reported and that both incidents took place at night when the buildings were empty.No arrests have been made but security perimeters were set up at both schools.