Action Financial News

Sharad Pawar on Saturday met Maratha quota agitators injured in police action a day earlier in Ambad tehsil in Jalna. On Friday, police had resorted to baton charge and lobbed tear gas shells to disperse a violent mob in Antarwali Sarathi on Dhule-Solapur road after those at the site allegedly refused to let authorities shift a man on hunger strike to the hospital. Around 40 policemen and several protesters were injured and many buses set on fire during the violence that erupted here.

Mohamed Al Fayed, the former owner of London's renowned Harrods department store and the father of Dodi Fayed, who tragically lost his life in a car crash with Princess Diana 26 years ago, has passed away at the age of 94, according to a statement released by his family.

RBI approval of the proposed successor. In the interim my dear colleague Dipak Gupta - currently Joint MD, will function as MD & CEO, subject to approvals." Kotak mentioned in his post. Uday Kotak attached a letter with his post, a handwritten heartfelt note.

Ind vs. Pak, Asia Cup 2023: The stage is set for the biggest cricket rivalry as the India vs Pakistan match is just minutes away now. The possibility of rain in the Ind vs Pak clash has increased the suspense around the match, but for now, the sky looks clear and the players are on the field preparing for the action.

Aditya L1 launched successfully from Sriharikota today. Four months from now, the spacecraft will be successfully placed on its Halo orbit, L1, near the Sun. Soon after that, its seven payloads will come into action to find out answers to some of the most intriguing questions about the Sun.

Great leaders are those who can strike a balance between the broad strokes of the business mission and the specifics of how personnel contribute to the accomplishment of corporate objectives. Leaders must actively develop their skills in order to achieve that balance.

Pratapgarh district in Rajasthan. Speaking to ANI, Diya Kumari launched an attack on the state government led by Chief Minister Ashok Gehlot. She said that they have no right to be in power. «They have no right to be in power. A few days are left. The people of Rajasthan will show them the right direction», the BJP MP said. «When the video went viral, then the administration went active and arrested some of the accused.

So-called "legacy admissions" — long a standard practice at many prestigious American universities, including Harvard and Stanford — are coming under increased scrutiny, though it's unlikely they'll go without a fight, even in a country that extols success through individual merit. But cracks are beginning to form, galvanized by a recent Supreme Court case and an Education Department investigation sparked by a legal complaint aiming to take down what one university president called an «aristocratic» system unfit for a democracy. Legacy admissions don't guarantee entry into a particular university, but they do give hopefuls an edge: If a prospective student can boast that, in addition to having a solid academic record, they are the child or relative of an alumnus, that can tip the scales in their favor during the very competitive admissions process. Harvard University's acceptance rate for «legacy» students from 2014 to 2019 was 33 percent, according to the student newspaper — compared to its overall acceptance rate of six percent.

Despite the Q1 earning season having hardly any positive surprises at sector levels, the stock markets have been hopeful as indices have stayed in range bound mode with market breadth remaining positive in most trading sessions. The reason, strong flows into Indian markets.

By Xie Yu, Kevin Huang and Li Gu

block deals worth Rs 21,821 crore that were executed in more than three dozen companies from the large, mid and smallcap segments. In the largecap space, 15 companies witnessed significant block deals worth Rs 7,711 crore, led by Jio Financial Services with 49 block counts, totalling Rs 2,505 crore. The next in line were Bharti Airtel (Rs 1,879 crore), Zomato (Rs 871 crore), HDFC Bank (Rs 784 crore) and Reliance Industries (Rs 257 crore).

Aadhaar card holders to update Aadhaar details for continues accuracy of demographic information. To update it, upload your proof of identity and proof of address documents. To encourage the same, it is offering uploading of documents online free of cost from 15 March – September 14, 2023. Earlier the last date was June 14, 2023. Individual uploading physically at Aadhaar Centre will be charges Rs 25 as usual. According to the UIDAI website, “Please update Aadhaar for continues accuracy of demographic Information. To update it, upload your proof of identity and proof of address documents."

Life Insurance Corporation of India (LIC) has launched a special campaign for the revival of individual lapsed policies. This special drive will be carried out from September 1-30. The campaign was launched to benefit those policyholders who were not able to pay premiums due to unavoidable circumstances and their policy lapsed.

Shah Rukh Khan showcased the trailer of Jawan at the iconic Burj Khalifa building in Dubai where he spoke about the universal appeal of cinema and how his fans will see him in a bald avatar for the first and the last time. The actor, who has a massive fan following in the UAE, has been on a promotional spree ahead of the film's release on September 7 in Hindi, Tamil and Telugu.Shah Rukh performed with a dance troupe on the song 'Zinda Banda' from the film at the event, also attended by director Atlee and music composer Anirudh Ravichander. The actor said the film will offer something unique to all the people and he will be seen in «6 to 7 getups» «I'm even bald in the film, so that's something I'm never ever going to be in my life.

By Nandita Bose

IBC) during the Corporate Insolvency Resolution Process (CIRP) of the company. Mumbai-based ND’s Art World was promoted by celebrated art director Nitin Desai, who allegedly committed suicide after the company was admitted under the CIRP by the National Company Law Tribunal. Thereafter, an FIR was filed against the senior officials of Edelweiss Asset Reconstruction Company Ltd and Edelweiss Group along with the company’s interim resolution professional. Subsequently, the company’s IRP Jitender Kothari, through his lawyer Nausher Kohli approached the tribunal to seek immunity against any action by the lenders or the disciplinary committee of the Insolvency and Bankruptcy Board of India (IBBI) for any ‘unintentional delay’ in the matter. The tribunal, in its order of August 28 observed that a police case for abetment of suicide under IPC came to be registered in this matter consequent upon suicide by one of the suspended directors of the corporate debtor on the ground that the initiation of CIRP proceedings caused him to commit suicide.

The founder and chairman of Care A2 Plus misled regulators in the United States in a bid to enter the lucrative infant formula market, increase its valuation and “personally receive a windfall” from an ASX-listing, the company’s former distribution partner has claimed in a Florida court.

The Financial Industry Regulatory Authority Inc. has censured and fined a New Jersey-based broker-dealer and its chief compliance officer for allegedly violating the compliance and care obligations of Regulation Best Interest.