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Sebi) has imposed a penalty of Rs 11 lakh on IIFL Securities after finding the company in violation of stock brokers' norms. Sebi conducted an inspection of IIFL Securities between August 18 and August 25, 2022 to look into various compliance requirements for the period beginning April 1, 2022 to July 31, 2022 and found certain alleged noncompliances of SEBI (Stock Broker) Regulations, 1992.

Solana’s promising GambleFi token, Mega Dice ($DICE), has now raised over $1.7 million in its ICO as investors continue to support this established name in the online betting world.

Accel has invested $9 million in Uppercase, nearly doubling the new-age luggage maker’s valuation after the investment to $60 million. The investment is earmarked for fuelling the brand’s expansion through new retail stores domestically as well as in Europe and the Middle East by next year, cofounder and managing director Sudip Ghose told ET. ET had reported on May 31 about Accel, an early investor in Flipkart, having discussions to invest in Uppercase, underscoring investor interest in new-age consumer retail brands.

NARCL, which acquired EPC company Simplex Infrastructures' ₹9.600-crore debt from lenders led by Punjab National Bank (PNB), is exploring a restructuring plan to split the exposure into sustainable and unsustainable portions, potentially writing off the latter, sources told ET. The plan, which envisages gains for the company's stock on its approval, is in the early stages of discussions. NARCL had acquired the loan in cash and security receipts (SRs) for ₹640 crore earlier this year. The state-backed bad bank had bought the debt from lenders at a 93% discount. The banks involved include PNB, State Bank of India, Canara Bank, Bank of Baroda, Bank of India, Union Bank of India, RBL, IDBI Bank and Standard Chartered Bank.

Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...

AI-enhanced Nitro V 16 is now available at Acer exclusive stores across India.The Nitro V 16 boasts a 16-inch display with a sharp 16:10 aspect ratio and WQXGA resolution of 2560 x 1600 pixels. This vibrant screen offers a 165Hz refresh rate and 100% sRGB color accuracy, providing gamers with stunning visuals.

₹5.9 lakh and an annual renewal of ₹3.54 lakh, Primus has positioned itself as India’s most expensive credit card. This ultra-premium offering is aimed squarely at the country’s elite, and its closest rival, the American Express Centurion, charges even more for membership, with a joining fee of ₹8.26 lakh and an annual fee of ₹2.95 lakh. Read this | Cashback, discounts and rewards: The benefits of co-branded credit cards Both cards cater to ultra-high-net-worth individuals (UHNWIs) who value exclusivity and privilege above all else.

Chiranjeevi's birthday, the iconic Telugu film Indra is set for a grand re-release on August 22, 2024. This cinematic revival, perfectly timed with the Megastar’s special day, is sure to enthrall both devoted fans and cinephiles. Vyjayanthi Movies has amplified the excitement with a well-crafted promotional campaign, that includes exclusive items like limited-edition t-shirts. The anticipation surrounding the film is intense, with advance ticket sales already generating a buzz, leading to rapid sellouts for many showings. Fans are eagerly awaiting the opportunity to experience the magic of this blockbuster once again. Originally directed by B. Gopal, Indra first graced theaters on July 24, 2002, swiftly rising to monumental success. Set against the harsh landscapes of Rayalaseema, this action-packed drama features a compelling plot and unforgettable music composed by Mani Sharma.

Two Days Opening the Door to Web3 Industry UtilizationWebX2024 is a global Web3 conference organized and managed by CoinPost, Japan’s largest cryptocurrency and Web3 media outlet.

shoemaker Bata expects a revival in coming quarters, helped by festive season demand and retail expansion, according to its India Managing Director and CEO Gunjan Shah. The company expects e-commerce, which is now a «profitable» and «viable» business, to be its growth driver as it has been expanding online sales through its portal and channel partners. Besides, Bata as part of its strategy to attract new generation buyers is also investing in store renovations to become more appealing and trendy and in new relevant products with affordable propositions to increase its play further. Young buyers account for around 40 per cent of its transactions. Moreover, it would also expand its apparel range to 200-plus stores from 70 stores at present. It will also add 13 exclusive outlets of its athleisure Brand 'Power' to take the total count to 15 by the end of 2024, said Shah.

paan for as little as ₹10, or splurged up to ₹800 for a gourmet version at weddings or special occasions. But imagine indulging in a paan that costs a staggering ₹1 lakh. Yes, you read that right—one lakh rupees for a single paan. Welcome to the world of ultra-luxury paan, brought to you by Mumbai’s very own Naushad Sheikh. Naushad, an MBA graduate with a passion for innovation, has transformed the traditional paan into a symbol of opulence with his venture, The Paan Story. His luxurious creation, aptly named “Fragrance of Love,” redefines indulgence in the culinary world. Naushad Sheikh had lucrative job offers from several multinational companies, each with attractive salary packages. However, his entrepreneurial spirit drove him to pursue something of his own. Choosing to carry forward his family's legacy, Naushad transformed his forefathers' traditional paan shop into a luxurious brand, aptly named The Paan Story. His most extravagant creation, a ₹1 lakh paan, has become particularly popular among newlywed grooms. Naushad told News18 that the bride and groom become happy after eating his paan.

tender process to procure graphic processing units (GPUs) and provide services to users under the India Artificial Intelligence (IndiaAI) Mission, sources told ET. The ministry of electronics and information technology is likely to float the tender to procure 1000 GPUs or equivalent AI compute capacity for now, a source said. The winning bidder will provide services for three years for now, which may be extended on mutually agreeable terms by the government. On July 5, ET had exclusively reported that the IT ministry was likely to allow only Indian companies to run and manage the operations of GPUs to be procured under the Rs 10,372 crore India AI Mission.

Godzilla movie will be released in 2027 even as the first film of the monster-verse will be released in 4K along with new features in November. Godzilla new movie is scheduled to be released on March 26, 2027. The Godzilla original movie was released in 1954. The Godzilla on 4K will be released on November 5, as per a report on Collider. The Criterion Collection's latest upgrade offers more than just a polished viewing experience of Godzilla; it delves deep into the heart of its films with exclusive interviews, rare behind-the-scenes footage, and a poignant exploration of the tragic real-life events that inspired the story. These additions not only enrich the narrative but also provide a profound understanding of the creative process and the emotional depth behind the cinematic masterpiece.

AM/NS India — the joint venture between ArcelorMittal and Japan's Nippon Steel — will be looking at opportunities for acquisitions coming its way, said Dilip Oommen, the chief executive officer. It is one of the few steelmakers in the country that has grown by a series of deals in the past few years. «For sure we will be looking at (it), if there are any good opportunities coming our way, we are definitely interested and we will study it,» he told ET in an exclusive interaction. «It has to be viable,» he emphasised.

Grant Hill needs to commit to, so that Team USA continues its winning streak in basketball.

A top Federal Reserve official warned that the central bank needs to cut its key interest rate before the job market weakened further or the Fed would risk moving too late and potentially imperil the economy

A federal judge has indicated he will order major changes in Google’s Android app store

Amidst the heated debate, Vatsal Sanghvi, founder of 1811 Labs, a Bengaluru-based startup focusing on GenAI SaaS products, stepped forward to defend Cognizant's position. He stated that the salary should be considered a «training stipend» rather than a full-fledged salary, citing concerns over the quality of fresh graduates entering the workforce. “The quality of freshers is often so bad that even Rs 20k per month is overspending. Most don’t know how to communicate professionally, can’t code properly, and don’t know how to behave in a professional environment,” Sanghvi shared on X (formerly Twitter). He emphasized that the market is open, and those who believe the compensation is inadequate are free to seek opportunities elsewhere. “It is an open market—don’t apply if you don’t think it’s fair. Unlike other gigs, there’s plenty of opportunity to grow if these individuals focus on building skill,” he added.

NFP is extending its reach into Southern California’s high-net-worth space with its latest acquisition.

Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...

Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...