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Just as the Securities and Exchange Commission is sharpening its focus on cybersecurity breaches at broker dealers and registered investment advisors, Interactive Brokers is reporting private client information has been targeted.

₹268.61 crore in an anchor book round a day before its initial public offerings (IPO) open for subscription. According to the exchange filing, the company allocated 70,13,483 shares to 32 anchor investors at the upper price band of ₹383 per equity share. “The IPO Committee of the Company at its meeting held on May 21, 2024, in consultation with the Book Running Lead Managers to the Offer, has finalized allocation of 70,13,483 Equity Shares, to Anchor Investors at Anchor Investor allocation price of ₹ 383/- per Equity Share (including share premium of ₹ 373/- per Equity Share)," The company further informed that 53.53 per cent of the total allocation to anchor investors were allocated to 12 domestic mutual funds.

Cochin Shipyards Share Price: Shares of India's largest shipbuilding and maintenance company rallied 14 per cent to hit a lifetime record-high mark during intra-day on Tuesday, May 21, three days ahead of announcing its January-March quarter results for fiscal 2023-24 (Q4FY24) results. The leading public-sector undertaking (PSU) will also declare a final dividend for FY24 on Friday, May 24, according to a regulatory filing to the stock exchanges.

highest ever in the history of the national capital". "Fourth day in a row, Delhi’s peak power demand crossed 7000 MW. For the first time, Delhi’s peak power demand likely to cross 8000 MW, DISCOM officials were quoted by news agency ANI as saying.

Singapore Airlines flight that encountered a «sudden extreme turbulence» over the Irrawaddy Basin at 37,000 feet, the flag carrier of Singapore said on Tuesday. The traumatic incident in which the aircraft descended 6,000 feet in about three minutes, left a 73-year-old British man dead and more than two dozen other passengers injured. The British man, who was not yet identified, «likely» died from a heart attack, the General Manager of Suvarnabhumi Airport Kittipong Kittikachorn said.

Donald Trump's defense team rested its case in the criminal hush money trial on Tuesday without calling the former U.S. president to testify. Trump's lawyers called two witnesses in his defense. Justice Juan Merchan said jurors would return next Tuesday to hear closing arguments, with deliberations likely beginning the following day.

suspension order on mining operations at Vedanta's iron ore plant at Chitradurga in Karnataka has been revoked, the company said on Tuesday. Vedanta Ltd in April informed the BSE about the temporary suspension of mining operations at the iron ore mine due to non-compliance with the approved mining plan. «The Office of the Regional Controller of Mines, vide order dated May 21, 2024, has revoked the earlier order of suspension of mining operations under Rule 11(2) of the Mineral Conservation and Development Rules, 2017 in respect of our A. Narrain Iron Ore Mine,» the company said in a filing to the BSE. The suspension in mining operations was ordered by the Office of Regional Controller of Mines in Bengaluru.

Also read | For international travellers, India remains a distant destinationAccording to the report, a big dampener for India has been the steady reduction in government funding for overseas tourism promotions over the years, from ₹524 crore in 2021-22 to ₹341 crore in FY23, and further down to ₹167 crore for FY24. In contrast, substantial funds have been directed towards the development of pilgrimage destinations, with an increase of 66%, from ₹150 crore in FY23 to ₹250 crore in FY24. Despite these shifts, the overall budget for the tourism sector remains unchanged at ₹2,400 crore, the same as in FY23.

As carbon emissions from fossil fuels keep warming the planet, eco-conscious consumers may wonder if there's a way to buy electricity from renewable sources without installing technology like solar panels or windmills on their property.

A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer.  Sign up  to receive future editions, straight to your inbox.

With the Indian economy on a robust growth trajectory, buoyed by record-high forex reserves, stable inflation rates, and a burgeoning middle class with increased purchasing power, the real estate sector stands out as a lucrative avenue for investors seeking substantial returns. With the rapid digitalization of the Indian economy, technological advancements have revolutionized the real estate industry, making investment processes more efficient and accessible.

In today’s times, parents have the added responsibility of empowering their children with financial literacy skills. They must help kids understand the concepts of earning, budgeting, saving and investing, starting from a young age. In a way, parents can pave the way for their child’s lifelong financial success. Beyond meeting educational needs, parents need to instil a sense of financial responsibility in their kids from early on so that they can confidently navigate the complexities of personal finance later in their lives.

Lack of access to affordable bank credit for MSMEs has remained a perennial issue for not just the entrepreneurs but also for lenders and the government alike to bring businesses in the informal economy into the formal fold. Poor credit access emanates from the lack of collateral with MSMEs to pledge against the credit. To tide over this challenge, over the past few years, banks and non-banking financial companies (NBFCs) have been gradually integrating historical data of MSMEs including GST filings, cash flow information, and more to underwrite business or working capital loans to them.

ITR Filing 2024: The Central Board of Direct Taxes (CBDT) has rolled out a new functionality in the Annual Information Statement (AIS) to display the status of information confirmation process in real-time.

When it comes to investing, real estate and mutual funds are two popular options. Both have their intrinsic advantages and disadvantages, and it is imperative for the investor to understand these difference so that they can make informed decisions. At the same time, it is also crucial to be aware of their relative merits and demerits before taking the plunge.

When it comes to investment purposes, three asset classes – gold, real estate and equity – score over other options. These three investment avenues too have their pros and cons, like other options. Gold for decades has been a preferred choice for Indian households due to traits like safe-haven appeal, liquidity advantage and cultural significance. Real estate is another popular investment avenue for people, thanks to low volatility and high returns in the medium- to long-term. On the other hand, equity gives a feeling of ownership to an investor after purchasing the stock of a particular company.

changes to regulations in India, which will greatly simplify the process of obtaining a driver's license. 1. Applicants will have the option of taking the driving test at the nearest centre of their choice instead of the current practice of taking the test at the respective regional transport offices (RTOs).

Boesky, involved in one of the biggest insider trading scandals, dies at 87.

The CIA’s first chief technology officer Nand Mulchandani is marshaling generative AI tools to the intelligence agency

The Environmental Protection Agency warns that cyberattacks against water utilities around the U.S. are becoming more frequent and more severe

Pakistan Cricket Board (PCB) is keen on roping in legendary Vivian Richards as a 'Mentor' for the national team during the upcoming World T20 Cup scheduled in the Americas. Richards has worked as a mentor for Quetta Gladiators in the Pakistan Super League since 2016 and as per PCB sources current chairman Mohsin Naqvi is keen on having a big name associated with the national team. Also with most of the Super Eights games in the Caribbean, Richards' experience of conditions could come in handy. «Sir Viv Richards has some prior media commitments for the World Cup but things are being worked out as the Pakistani players have great respect and regard for him,» the source said. He said if the deal goes through Richards will mentor the team in the World Cup a role fulfilled by former Australian opener, Matthew Hayden in the last two T20 World Cups in 2021 and 2022 where Pakistan reached the semi-final and final.