Equality Financial News

The path to easier meme coin staking has never been closer as Crypto All-Stars ($STARS) raises $1.18 million in its ongoing presale.

Andhra Papers announced September 11 as the record date for its 1:5 stock split, which means that the stock will trade on an ex-split basis from tomorrow. Shareholders whose names appear in the company's database on the record date are eligible for the said stock split.

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ET Intelligence Group: Jharkhand-based Kross, a manufacturer of components for commercial vehicles, plans to raise ₹500 crore through an initial public offering. The IPO comprises a fresh issue of ₹250 crore with the proceeds to be used for capacity expansion and loan repayment and an equal amount of shares offered for sale by the promoter. Following the IPO, the promoter's stake will decrease to 68% from 100%.

private equity (PE) and venture capital (VC) investors more equal than others? The capital market regulator has asked several funds to reveal the names of investors who have been offered beneficial terms by the funds and have representation on the funds' investment committees. Many PE and VCs — or, alternative investment funds (AIFs), the regulatory term for such pooled vehicles — have been told to spell out the details of these differential rights given to certain investors. In a communique to many AIFs about a week ago, the Securities & Exchange Board of India (Sebi) asked fund managements to submit documents like 'side letters' and 'contribution agreements' that provide special rights to investors. The regulator may compare a side letter, which is an agreement between a fund house and some investors, providing rights and obligations which are outside the standard investment document, with the fund's private placement memorandum (PPM) — the disclosure document used for fund raising through private offering.

Farooq Abdullah on Sunday said the BJP top brass was focussing its election campaign on Jammu as they want to «intimidate» the Hindu voters of Jammu and Kashmir by creating false fears. He also accused the BJP of misleading the people by claiming that terrorism will rise again if the National Conference and Congress alliance came to power in Jammu and Kashmir. «They (BJP) want to threaten the Hindu community. They think the Hindus will vote for them but today the Hindus have changed. First they (BJP) sought votes in the name of Ram and now they want to intimidate them,» Abdullah charged. He was speaking to reporters at Naseembagh mausoleum of National Conference founder Sheikh Muhammad Abdulla after paying tributes to the party founder on his 42nd death anniversary.

BJP president J P Nadda on Saturday took a jibe at the opposition saying all other parties are restricted to dynasty politics, while in sharp contrast, BJP is the only party in which people coming from ordinary families can also become the prime minister of the country. Speaking at BJP's online membership drive function in Patna, Nadda said in BJP everybody has equal rights and opportunity. «All other political parties are restricted to just dynasty politics....or some parties represent certain community...BJP is the only party in which people coming from ordinary families also become the prime minister of the country like Narendra Modi Ji,» he said. «In our party...everybody has equal rights and opportunity. In other parties, you can become president only if you belong to a particular family, particular caste etc. But, BJP is the party that represents the entire society», said Nadda.

The unravelling of a financial titan: Ravi Parthasarathy and the IL&FS scandal His destiny was that of the quintessential entrepreneur. Ram Baksh Modi, his great grandfather, supplied grain to the British army. His father Multani Mal was equally successful but opposed formal education.

advanced intelligence, but not all features will be equally distributed across devices. Apple Intelligence brings cutting-edge capabilities that are designed to enhance the user experience, with three key features taking center stage.As per the publication, one of the most exciting advancements is the revamped Siri, which is now powered by AI.

The 2024 Paris Olympics will soon be wrapping up with the Paralympics closing ceremony on Sunday but over in Web3, crypto fans have been enjoying The Meme Games ($MGMES) all summer in a token presale that has raised $420,000.

passive funds, we have a variation of beta, called Smart Beta. Exchange-traded funds (ETFs) or index funds replicate an index and don’t aim to generate excess returns. However, smart beta involves indices designed to potentially outperform the market.

India won its 20th medal at the Paris Paralympics, surpassing Tokyo’s 19 — medal mark. On Wednesday, Sachin Sarjerao Khilari – silver in men’s shot put F46 event — and Harvinder Singh — gold in men’s individual recurve open — added two more medals to push India’s count to 22. Considering that there was only one medal in London 2012 and just four in Rio 2016, the progress is staggering. Naturally, the rise in medals has coincided with the increase in the number of Indian athletes qualifying for the Paralympics. In another positive development, women athletes have outperformed men on many occasions. In Tokyo, all four badminton medals were won by men (Pramod Bhagat, Krishna Nagar, Suhas Yathiraj and Manoj Sarkar). In Paris, however, three women – Thulasimathi Murugesan, Nithya Sre Sivan and Manisha Ramadass – have made it to the podium, while only two men won the medals.

interest equalisation scheme on pre- and post-shipment rupee export credit for one more month till September 30 to promote the country's outbound shipments. The scheme, which provides exporters interest benefits, ended on August 31. In June, it was extended for two months. In a trade notice, the Directorate General of Foreign Trade (DGFT) said, «Trade and industry is hereby informed that the Interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit, which had earlier been extended up to August 31 as a fund limited scheme, has been further extended for one month i.e., up to September 30, 2024.» It said, however, this extension is applicable only for MSME manufacturing exporters.

Oberoi Hotels pastry chef Kainaz Messman, had launched the sale process in January, after its private equity backer ICICI Venture decided to exit its investment. The company appointed investment bank Arpwood Partners to line up buyers. “The real negotiations will begin now.

The latest round of earnings has turned Bank of Nova Scotia’s analysts and portfolio strategists optimistic on the outlook for Canadian bank stocks.

The 2024 Paris Olympics will soon be wrapping up but over in Web3, crypto fans have been enjoying The Meme Games all summer in a presale that has raised $409,400.

At this floor price, the size of the OFS is estimated to be around Rs 4,701 crore.

The European Union is trying to get a semblance of gender parity in its new executive Commission

Navya Naveli Nanda, the granddaughter of Bollywood icon Amitabh Bachchan, is making headlines for her recent admission to the prestigious Indian Institute of Management (IIM) Ahmedabad. Navya has enrolled in the Blended Post Graduate Programme (BPGP) for an MBA, a specialized two-year course tailored for working professionals and entrepreneurs. Beyond her academic pursuits, Navya is a stakeholder in her father's company and a dedicated advocate for women's rights. She is the founder of Project Naveli, a non-profit organization focused on gender equality in India, emphasizing key areas such as education, healthcare, and financial independence for women.

MNCs, including Microsoft India, Sumitomo Corporation India and AT Kearney India, the Delhi High Court on Monday quashed the final tax assessment orders that were passed against them without there being any draft assessment orders as mandated under Section 144C of the Income Tax Act 1961. It further said that the final assessment orders if framed after the prescribed time under Section 153 of the Act had expired are liable to be quashed on that ground additionally. Failure to frame a draft assessment order by the assessing officer would “clearly be violative of the mandatory prescriptions of Section 144C and the final order of assessment framed in violation thereof is liable to be viewed as a nullity,” a Division Bench comprising justices Yashwant Varma and Ravinder Dudeja said.

short seller and the Indian market regulator, a completely different controversy is brewing. It involves the country’s second-most-valuable bank, and its plan to swallow up its securities affiliate. Some shareholders of the brokerage firm, upset over the terms of the buyout, want to know how the Securities and Exchange Board of India allowed the delisting of ICICI Securities Ltd., waiving the regulator’s own rules for compensating minority investors. A company-law tribunal in Mumbai quashed their challenge on Aug. 21 and allowed the deal to proceed. But that isn’t the end of the matter. There is a separate class-action suit before another tribunal in New Delhi. This dispute is also being heard by a higher court in Mumbai, the country’s commercial capital. The Indian regulator is battling bigger trouble elsewhere. In an Aug. 10 note, Hindenburg Research drew attention to SEBI chief Madhabi Puri Buch’s past personal investments, and her ownership of a consulting outfit, to question the watchdog’s objectivity in probing the Adani Group, the target of the short seller’s original January 2023 report. The infrastructure conglomerate, which suffered a $150 billion drop in its market value in the aftermath of the publication, has strenuously denied the short seller’s claims of stock-price manipulation. The group’s shares have recouped most of their losses. Buch described the allegation of potential conflict as “character assassination” and said that she made all the appropriate disclosures and recusals.