Awards Financial News

LONDON — Former Barclays CEO Jes Staley on Thursday was fined and banned from holding any position of influence in the U.K. financial services industry for misleading the regulator over his relationship with sex offender Jeffrey Epstein.

Multibagger stock: Shares of JTL Industries Ltd are one of the multibagger stocks that Indian stock market has produced in recent years. The small-cap stock traded ex-bonus recently in September 2023 for issuance of bonus share in 1:1 ratio, which means an eligible shareholder was awarded one bonus share for every one share they held on record date.

whiskey market has got heads turning as Indian-distilled single malt has been giving tough competition to popular Scottish brands such as Glenlivet. A market once dominated within the country and beyond by foreign brands is now selling India’s domestically distilled single malt at a faster rate than anticipated. In 2022, Indian single malt brands and Scotch brands locked horns in a head-to-head battle where the former sold approximately 2,81,000 cases with a 2.4 per cent increase in sales; while the latter sold 2,96,000 cases with a 35 per cent increase in sales, data accessed by TOI revealed.

WASHINGTON, — Salman Rushdie, the Indian-born novelist who spent years in hiding after Iran urged Muslims to kill him because of his writing, will publish a memoir on his 2022 stabbing in New York, book publisher Penguin Random House said on Wednesday. Rushdie's new memoir, 'Knife: Meditations After an Attempted Murder', will be published on April 16, 2024. «This was a necessary book for me to write: a way to take charge of what happened, and to answer violence with art,» Rushdie, whose public appearances have been limited since last year's attack, said in a statement released by the publisher. Rushdie, 76, was awarded the 'Freedom to Publish' award by the British Book Awards in May. An attack onstage in Aug. 2022, during a lecture in New York state left the British author blind in one eye and affected the use of one of his hands.

Proxy advisers have backed Whitehaven Coal’s new approach to executive pay as London hedge fund Bell Rock made remuneration the new focus of its activist campaign to stop Whitehaven acquiring BHP’s coal mines.

undergraduate programmes will have to mandatorily do internships and they will be awarded credits for it, according to new draft guidelines of the University Grants Commission (UGC). The draft of the «Guidelines for internship and research internship for undergraduate students» was released on Tuesday in line with the National Education Policy (NEP) 2020 that emphasises the inclusion of research and internships in the undergraduate (UG) curriculum to provide opportunities to students for active engagement in on-site experiential learning.

Kendrick Lamar set 4 Records when he won four awards at the 2023 BET Hip Hop Awards. He was declared hip hop artist of the year, best live performer, and lyricist of the year. He also shares the Video Director of the Year award along with his creative partner Dave Free. The BET Hip Hop Awards were recorded last week at the Cobb Energy Center in Atlanta. It was aired on October 10.

The Uniswap Foundation has formally requested a second tranche of $62.37M in funding, according to a proposal posted on the Uniswap Governance Forum on September 27, 2023. This request is part of a two-tranche funding strategy that was approved last year, initially securing $74M for the foundation. The latest proposal aims to fuel the foundation's ongoing efforts in ecosystem development, governance, and innovation.

Commander Inder Singh (retired), who famously sank the Pakistani submarine PNS Ghazi during the 1971 war, passed away on Monday night in Haryana. He was cremated on Tuesday at Rambagh on the Sheela bypass with full state honours.

eInfochips, a leading provider of digital transformation and product engineering services, will participate in the Nasscom Design & Engineering Summit 2023, showcasing its innovative healthcare solution. Nasscom awarded eInfochips the spotlight award 2023-24 for its work in developing a non-invasive incontinence monitoring and detection device. This device will make life better for the millions who suffer from incontinence, a majority of whom are elderly women. «We are elated to have the opportunity to present our innovative technology at this prestigious forum,» said Bharath Aitha, vice president of marketing for eInfochips.

Cauvery water dispute. The blockade is being held on behalf of the Cauvrey Basic Protection Coalition against the Karnataka government for refusing to provide its water to Tamil Nadu. The Tamil Nadu Assembly on Monday adopted a resolution urging the Union government to direct Karnataka to release Cauvery water as per the orders of the Cauvery Water Management Authority.

₹2,158.90 apiece on the BSE. Multi Commodity Exchange of India (MCX), the largest commodity bourse in the country, said it will go live with its new commodity derivatives platform (CDP) on October 16, 2023.

Wipro will roll out annual hikes or merit salary increases (MSI) to its employees effective December 1. The Bengaluru-based information technology firm had postponed the hikes, due in September, by a quarter due to macro headwinds and margin pressure. The hikes will be decided on an individual basis over the next few weeks.

Tokyo International Film Festival’s Lifetime Achievement Award in «recognition of his extraordinary career and long-standing contributions to the film industry.» He will be presented with the honor at the Tokyo festival’s opening ceremony on October 23. Zhang Yimou will take part in a special talk session at the TIFF Lounge, a panel series by noted Japanese auteur Hirokazu Kore-eda.

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₹231 crore. According to media reports, SpiceJet also approached another lessor, Aircastle, to settle their dues against equity but the lessor rejected the proposal. In the case of Willis Lease Finance, the NCLT hearing is in its final stages and a decision is expected soon.

The cryptocurrency industry has been battered by the collapse of crypto exchange FTX and the fraud allegations surrounding it, as well as implosions at other big crypto players. For the firms that remain standing, growing regulatory pressure means there is a stronger need than ever for compliance talent. Given the reputational and financial hits to the industry in the past year, attracting legal and compliance workers to work for crypto firms is challenging, say those hiring for positions in the industry.

Visiting Tanzanian President Samia Suluhu Hassan who was on Tuesday conferred with an Honorary Doctorate by the Jawaharlal Nehru University said that the honour will be forever etched in her memory as it is the first award to her in a foreign country. Speaking at JNU's Special Convocation ceremony conferring the Honorary Doctorate to her, President Hassan expressed her gratitude for the honour, which she termed added «colour» to her life history. «Namaste everybody,» the Tanzanian President said at the beginning of her speech. «The world says, there is no midway in falling in love with India, be it an Indian song, an Indian movie, or Indian cuisine, it is very difficult to resist an Indian charm. I experienced it when I came to India for the first time in 1998 to study in Hyderabad.

Genus Power Infrastructures hit a 5% upper circuit at Rs 273.8 in Tuesday's trade on BSE after the firm bagged an order worth Rs 3,115.01 crore for smart prepaid meters. In an exchange filing, Genus Power stated that its wholly-owned subsidiary had received two letters of awards totalling Rs 3,115.01 crore for the appointment of Advanced Metering Infrastructure Service Providers (AMISPs), including the design of an AMI system and the supply, installation, and commissioning of 34.79 lakh smart prepaid meters, system meters, including DT meters, and associated energy accounting on a DBFOOT basis. The bidding procedure for smart meters has already started in many State Electricity Boards (SEBs), demonstrating the benefits of the 'Reforms-Based, Result-Linked Power Distribution Sector Scheme.' «Our total order book now stands at over Rs 14,000 crore – which gives visibility into robust future revenue growth. We have a strong track record of delivering metering projects on time and within budget.

Indian whisky brand, has achieved international recognition by securing the coveted title of «Best in Show» Double Gold award at the prestigious Whiskies of the World Awards. This impressive accolade now ranks Indri as the world's premier whisky brand, as bestowed by Whiskies of the World. This remarkable feat was accomplished with the launch of the 2023 Diwali Collector's Edition from Indri.

Claudia Goldin, a Harvard University professor, was awarded the Nobel economics prize for research that helps explain why women around the world are less likely than men to work and to earn less money when they do