Diversity Financial News

Subscribe to enjoy similar stories. Over the past year, I have devoted several columns to drawing attention to how inadequate social capital in our hyper-diverse society is a fundamental cause of many of our socioeconomic problems. Our public places deteriorate over time because in the absence of a sense of common community, individuals maximize private gains over public interest.

Jeff Bezos and his partner Lauren Sanchez recently dined at chef Vikas Khanna’s Bungalow in New York City. The restaurant, known for its authentic Indian cuisine, has quickly become a celebrated destination since its opening in March 2024. Khanna shared a photograph of the couple on X (formerly Twitter), expressing his joy in hosting them. “When @JeffBezos said the visit to Bungalow was like a pilgrimage, it filled my heart with pure joy & pride,” wrote Khanna. He included hashtags such as #PowerOfAuthenticity and #SoftPowerOfIndia to emphasise the cultural significance of the moment.

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markets regulator Sebi on Friday introduced exemptions to the requirement of maintaining pro-rata rights in investments and distribution of proceeds under the alternative investment funds (AIF) rules. Under this, pro-rata rights will not apply to cases where investors are excused or excluded from specific investments; fail to meet their contribution obligations, or share profits (such as carried interest) with fund managers or sponsors, Sebi said in a circular. Furthermore, specific entities, including government-backed organisations and development financial institutions, may opt for junior or subordinate units, accepting lower returns or higher risks compared to other investors.

Toyota says it will build a new paint facility as part of a $922 million investment at its factory complex in Georgetown, Kentucky

For someone used to getting his own way for most of his life, public hostility, repeated failure and relentless bad news must be terribly trying for Prime Minister Justin Trudeau. His government began in 2015 with high hopes and widespread good wishes. Now that it is all coming crashing down, he refuses to accept blame and either change course or resign — a personal shortcoming that has become a national problem.

An appeals court in Louisiana has ruled that Nasdaq can’t require diversity on the boards of companies that list on the exchange

Police dogs and divers have returned to New York’s Central Park as a dragnet for UnitedHealthcare CEO Brian Thompson’s killer stretched into a sixth day

SpiceJet was diverted to Patna due to a technical glitch and it landed safely at the Jay Prakash Narayan International Airport here on Monday morning, officials said. Alternative arrangements were being made for the passengers.

Subscribe to enjoy similar stories. The undeniable rarity of high-risk, high-return marketing strategies, especially in markets boxed in by convention, could explain why Jaguar’s “Copy nothing" advertising campaign has been inducing so many gasps.

The Indian delegation was led by Piyush Srivastava, Joint Secretary, Europe West, Ministry of External Affairs, and Vishwesh Negi, Joint Secretary, International Cooperation, Ministry of Defence, according to the Ministry of External Affairs press release. Representing the UK were Ben Mellor, India Director, Indian Ocean Directorate, Foreign, Commonwealth & Development Office, and Shimon Fhima, Director Strategic Programmes, Ministry of Defence.

Best 5 litre geysers: Top 8 efficient picks from Bajaj, Crompton and other leading brands to keep you warm this winterHavells is synonymous with innovation and premium build quality. Known for combining aesthetics with performance, Havells offers a diverse range of water heaters designed to cater to modern households.Key highlights of Havells geysers:Popular models:Price range:Havells geysers generally fall into the mid to premium price category, making them ideal for those seeking long-term value.Also read: Best 15 litre geyser: Top 10 picks from Havells, V-Guard, AO Smith, Bajaj, Hindware for versatile and quick heatingCrompton is a household name in India, known for providing reliable and durable appliances.

Police Barricades and Traffic Diversions The protest began at 10 am from Greater Noida’s Pari Chowk, with farmers marching towards Delhi. By noon, the farmers reached Mahamaya Flyover, where police established barricades at Charkha Chowk, near Amity University, and continued along the route at Mahamaya Flyover and Dalit Prerna Sthal. To ensure the farmers did not proceed to Delhi, the police conducted thorough checks on all vehicles.

Subscribe to enjoy similar stories. Filmmakers across Indian languages are churning out mythological tales even after the middling performance of such movies recently, hoping to combine high-quality visual effects with a larger-than-life narrative to speak to cultural and nationalistic sentiments, besides catering to family audiences.

Hinduja Tech Ltd has completed the acquisition of Germany-based engineering services provider TECOSIM Group, marking a significant milestone in its vision to be among the top 10 global mobility engineering companies. Hinduja Tech Ltd, a subsidiary of heavy commercial vehicle maker Ashok Leyland, is a mobility-focused global engineering, research and development technology company. The strategic move highlights Hinduja Tech Ltd's ongoing commitment to enhancing its global automotive engineering market leadership. The acquisition would provide operational efficiencies, increased competitiveness, and a stronger global market presence, Hinduja Tech Ltd said in a company statement. «This acquisition reinforces Hinduja Tech Ltd's vision of becoming a global leader in sustainable mobility solutions,» the statement said on Sunday.

Toyota Kirloskar Motor (TKM) on Sunday said its total sales rose 44 per cent year-on-year to 25,586 units in November. The automaker had sold 17,818 units in November last year. «Our diverse portfolio, spanning from hatchbacks to SUVs, continues to offer tailored mobility solutions that resonate with varying lifestyles,» TKM Vice President, Sales-Service-Used Car Business Sabari Manohar said in a statement. The year 2024 has exceeded the company's expectations, he said.

Subscribe to enjoy similar stories. Markets regulator Securities and Exchange Board of India (Sebi) has recently identified several concerns plaguing the SME space such as misuse of IPO proceeds, fund diversion, promoter exits and market misconduct. These issues pose threats to investor protection and market integrity.

It has, however, cast a shadow on several other sectors—it has pushed up the prices of poultry feed and cooking oils and hit the wallets of consumers and the profits of oilseed farmers.

Our winners were celebrated at a special ceremony in London on 27 November, hosted by comedian Lucy Porter. This year's charity for the evening was The Girls' Network, which works to inspire and empower girls from the least advantaged communities by connecting them with a mentor and a network of professional role models who are women. Now in their eighth year, the Women in Investment Awards continue to have a vital role to play in helping accelerate the pace of change towards a more diverse and inclusive investment industry. This year, we were delighted to receive 924 nominations f...

Nasscom has unveiled 'The Developer's Playbook for Responsible AI in India', amid challenges faced by developers in navigating complex and rapidly-evolving AI risk management landscape. The playbook offers a voluntary framework for developers to identify and mitigate the potential risks associated with the commercial development, deployment, and use of AI in India. «Recognising the challenges faced by developers in navigating the complex and rapidly evolving AI risk management landscape, the Nasscom Responsible AI Hub… unveiled The Developer's Playbook for Responsible AI in India,» Nasscom said in a release. The playbook was launched at the inaugural edition of Confluence for Responsible Intelligence (RICON) in New Delhi.