Action Financial News
22.11 / 13:21
markets
Digital
Action
Justice
country
information
Department
Siddaramaiah joins Rahul Gandhi, says Adani must not be allowed to escape, seeks arrest
Siddaramaiah on Friday said the Centre was not taking action to have Adani Group chairman Gautam Adani arrested though an arrest warrant had been issued against him, joining AICC leader Rahul Gandhi in attacking the billionaire industrialist. The CM’s attack followed the US Justice Department charging the billionaire with colluding in a corruption scheme to win solar energy contracts in India. In Andhra Pradesh, chief minister N Chandrababu Naidu struck a cautious note when he informed the assembly that the government would study the charges that were in public domain and act on them. In Karnataka, Siddaramaiah, in a chat with the media in Mysuru, said the Centre must take steps to have Adani arrested, and the high-profile businessman must not be allowed to escape. “The entire country knows who is protecting Adani,” he said, while blaming the media for not highlighting it.
22.11 / 09:43
markets
Provident
Action
Strategy
economy
Sustainability
International
India at CoP-29: Push for climate finance and strengthen domestic sources
Subscribe to enjoy similar stories. As CoP-29 reaches its final phase of talks in Baku, Azerbaijan, the focus on climate finance has intensified, underscoring its importance for developing economies like India. India’s transition to a low-carbon economy is more than just a national challenge; it is a global imperative.
22.11 / 08:49
markets
UPS
Action
stage
Schools
Courts
Delhi pollution: SC orders Centre, police to set up 113 checkposts to curb entry of trucks into national capital
Previously, the top court directed Delhi and all the governments in the National Capital Region (NCR) to strictly implement GRAP stage IV anti-pollution measures as AQI (Air Quality Index) remains in the «severe» category. A bench of Justices Abhay S Oka and Augustine George Masih also directed Delhi-NCR states to constitute immediate teams for monitoring actions which are required under it.
22.11 / 07:09
Action
Gap
Align
Sustainability
country
reports
International
Climate finance: Deploy the Loss and Damage Fund with care
Subscribe to enjoy similar stories. The urgency of climate adaptation has never been more apparent. The recently released Adaptation Gap Report 2024 highlights progress in fulfilling the Glasgow Climate Pact yet underscores glaring inequities.
22.11 / 07:05
markets
UPS
Digital
Action
Strategy
reports
Take swift action against Army staff behind ill-treatment of civilians: Mehbooba Mufti to J-K govt
Mehbooba Mufti on Friday urged the Jammu and Kashmir government to take swift action against Army personnel responsible for the alleged ill-treatment of civilians during anti-terror operations in Kishtwar district. According to reports, it has been alleged that some soldiers beat up five civilians, resulting in injuries to them during anti-terror operations in the Mughal Maidan area on November 20. Taking note of the allegation, the Army launched a probe into the matter. «Allegations of severe torture have emerged from Kishtwar, taking us back to the disturbing events that took place in Bafliaz Surankote earlier this year,» Mehbooba Mufti said in a post on X.
22.11 / 02:43
Action
security
Election
War
reports
peace
Mint Quick Edit: When will the Gaza War end?
Subscribe to enjoy similar stories. The wait for an end to the Gaza War seems endless, despite mounting evidence of civilian suffering. Of the over-43,000 Gazans killed after Israel began its military action in response to a horrific terror attack, 44% are children, with adult males less than a third of that toll.
22.11 / 01:33
markets
Manufacturing
Action
security
Strategy
Trade
Experts
Pre-market action: Here's the trade setup for today's session
«Markets are likely to react to the preliminary release of November month manufacturing and services PMI of US, Europe and India today. In the near term, we expect the market to remain volatile on account of global geo-political concerns, relentless FII selling and uncertainty around the outcome of state assembly elections in Maharashtra and Jharkhand,» said Siddhartha Khemka, Head — Research, Wealth Management, Motilal Oswal. Here's breaking down the pre-market actions:
22.11 / 00:39
markets
Action
security
Analysis
Limelight
Trade
guidelines
GQG loses Rs 8,170 cr on Adani shares; also skids 20% on Australian bourse
GQG Partners, one of the biggest foreign institutional investors in Adani Group, said it is monitoring the charges filed by the US Attorney's Office for the Eastern District of New York and the Securities Exchange Commission against founder Gautam Adani, group companies and executives. GQG said it is «reviewing the emerging details and determining what, if any, actions for our portfolios are appropriate.» Shares of GQG Partners plunged 20% on the ASX (Australian Securities Exchange) on Thursday, eroding nearly ₹8,100 crore (approx. US $950 million) or 16% of its market value.
22.11 / 00:35
Action
security
Justice
information
reports
Department
Investigations
Adani may see wider impact from US setback
Subscribe to enjoy similar stories. Mumbai: The Adani Group denied bribery charges and vowed to explore legal options after a damaging indictment in the US, but the move failed to stop a run in its shares, posing the biggest test yet for the conglomerate which had rebuilt investor faith after the Hindenburg episode.
22.11 / 00:35
Action
security
WhatsApp
Justice
stage
Courts
International
Adani’s legal battle: US bribery charges could spark complex multi-jurisdictional defence
Subscribe to enjoy similar stories. The US indictment of billionaire Gautam Adani in a $250 million bribery case could set the stage for a lengthy legal process involving a multi-jurisdictional defence.
21.11 / 18:15
markets
Provident
BLOCK
Digital
Action
Assurant
information
Four laborers thrashed in an army camp in Kishtwar of Jammu and Kashmir, army initiates probe
The residents of Kuath village in Drubeel Panchayat of Mughal Maidan block in Kishtwar district of Chenab Valley in J&K informed that the four victims were identified as Sajad Ahmad, Mehraj ud Din, Abdul Kabir and Mushtaq Ahmad, all of whom work as laborers and daily wagers. “They were called to the RR army camp located at the nearby Chas area. Two of them were called in the morning of Wednesday (November 20) and two others were called to the camp a few hours later,” said a local.
21.11 / 16:49
markets
Action
Strategy
Align
awards
Adventure
Experts
HMSI recalls CRF1100 Africa Twin units to rectify throttle operation
CRF1100 Africa Twin to rectify issues with throttle operation. The voluntary recall is aligned with the global market action, the two-wheeler maker said in a statement. The recall affects certain units of this adventure motorcycle manufactured between February 2022 and October 2022, it said. The company has identified a concern with the motorcycle's throttle operation, HMSI said.
21.11 / 16:49
markets
Action
Enterprise
NVIDIA
Research
Trade
show
Ahead of Market: 10 things that will decide stock market action on Friday
stocks after a US court indicted Chairman Gautam Adani and several others in a $250 million bribery case. While the S&P BSE Sensex closed at 77,155.79, down by 422.59 points or 0.54%, the broader Nifty50 finished at 23,349.90, lower by 168.60 points or 0.72%. Here's how analysts read the market pulse: Commenting on the day's action, analyst Jatin Gedia, who is Technical Research Analyst at Sharekhan said that the daily charts suggest that the Nifty witnessed follow-through selling pressure from the previous trading session. «It has breached the low of 23350 and is now heading towards 23180. On the upside 23500 which is the 20-day moving average shall act as an immediate hurdle zone from a short term perspective,» Gedia said.
21.11 / 14:21
UPS
Action
security
economy
Department
Shares in India's Adani Group plunge 20% after US bribery, fraud indictments
One of Asia’s richest men, controversial Indian tycoon Gautam Adani, is again in the spotlight
21.11 / 13:25
markets
COST
UPS
Action
pandemic
President
mountaineering
U.S. could face ‘Liz Truss moment’ without action on debt mountain
Subscribe to enjoy similar stories. The U.S. could face a sharp rise in borrowing costs and turmoil in financial markets as soon as next year if government debt continues to pile up rapidly, according to insurance giant Swiss Re’s group chief economist.
21.11 / 09:29
markets
Action
Strategy
Food
Experts
reports
testing
Heavy metals found in 'expertly crafted' Lindt chocolates: How safe is your favorite treat?
Swiss chocolate company Lindt & Sprüngli has found itself at the centre of a legal controversy in the United States. In 2023, a class action lawsuit was filed against the company, accusing it of misleading consumers about the quality of its products. The case stems from allegations that Lindt’s premium dark chocolate contains significant amounts of lead and cadmium, two heavy metals known to have harmful effects on health. The legal dispute began after a 2022 Consumer Reports study, which highlighted the presence of alarmingly high levels of lead and cadmium in Lindt’s Excellence Dark Chocolate 85% Cocoa and Excellence Dark Chocolate 70% Cocoa. The study, which examined several brands of dark chocolate, raised concerns about the long-term health effects of consuming chocolate with high metal levels. Lindt, however, was the focus of much of the backlash. In its defence, Lindt claimed that «lead and cadmium are unavoidable in the food supply» and insisted that the trace amounts in its products were well within regulatory limits. The company further argued that marketing terms like “expertly crafted” and “finest ingredients” were simply promotional language, or “puffery,” which should not be taken as literal guarantees. This legal strategy was intended to have the case dismissed, but it only sparked further criticism.
21.11 / 04:23
markets
Progressive
Action
Strategy
Experts
testing
patient
OneCell Diagnostics raises $16 million in round led by Celesta Capital, others
OneCell Diagnostics raised $16 million in an oversubscribed series A funding round led by Celesta Capital. Other participants in the funding round included Tenacity Ventures, Cedars Sinai, Eragon, and Singularity Ventures. The company, which has developed cutting-edge technology for precision oncology liquid biopsy diagnostics and is headquartered in India and Silicon Valley, said the funding will be used to advance its vision of democratising precision oncology through cancer diagnostic testing that is more accessible, actionable, and affordable.
21.11 / 03:37
Action
Racing
Bill
information
reports
Discrimination
inequality
Class action lawsuit on AI-related discrimination reaches final settlement
A federal judge has signed off on a settlement agreement Wednesday in a class action lawsuit alleging that an algorithm designed to score rental applicants discriminated on the basis of race and income
21.11 / 02:13
markets
COST
Action
Food
wellness
Courts
Investigations
Two Canadian food companies sued in U.S. over ‘potato cartel’ allegations
Two proposed class-action lawsuits in the United States name two Canadian food companies as alleged members of a “potato cartel” that’s accused of a years-long campaign of fixing prices on frozen products.
20.11 / 18:35
markets
Action
security
Experts
consequences
reports
strain
India rejects Canadian media report linking PM Modi & EAM Jaishankar to Nijjar's killing, calls it 'ludicrous'
Khalistani terrorist Hardeep Singh Nijjar. The report alleged that PM Modi was aware of the plot to kill Nijjar in British Columbia. MEA said, such ludicrous statements made to a newspaper purportedly by a Canadian government source should be dismissed with the contempt they deserve. «Smear campaigns like this only further damage our already strained ties,» MEA added.
20.11 / 18:35
markets
Google
Action
Patrick
Universities
show
Schools
Suits: LA Spin-off: Harvey Specter returns—Here’s when to watch Gabriel Macht in action
Suits: LA spin-off has just reached new heights with the confirmation that Gabriel Macht will reprise his iconic role as Harvey Specter. According to Deadline, Specter will make a highly anticipated return in the first season of the spin-off, where he will play a recurring role throughout three episodes. This return marks a significant connection between the original Suits series and its spin-off, reuniting fans with one of the most beloved characters in legal drama history.
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