Information Financial News

Karnataka has floated an expression of interest (EoI) for empanelling agencies to set up an Information Disorder Tackling Unit (IDTU) for the state government. IT/BT Minister Priyank Kharge posted on social media platform X that the state government was serious about tackling misinformation, disinformation, malinformation and fake news. The government has set October 16 as the last day for submission of proposals for the project.

Stock split 2023: The board of directors of BCL Industries Limited declared record date for stock split after its meeting on Wednesday. The company board has fixed stock split record date on 27th October 2023. The small-cap company has already declared stock subdivision of one share of the company with a face alue of ₹10 each to ten company shares with a face value of Re 1 per share.

Also Read: Delhi Excise Policy Scam case: MP Sanjay Singh arrested by ED; third AAP minister to be taken into custody The BJP spokesperson said the culprits in the Delhi excise policy case will be caught in ascending order depending on the magnitude of their fraud. PTI reported Patra as saying, “As per media sources, the incriminating documents procured from the house of Sanjay Singh will incriminate someone who is at the top in the hierarchy of AAP." Sanjay Singh's arrest marks the second notable detention in the case, following the earlier arrest of former Delhi deputy chief minister Manish Sisodia. The Enforcement Directorate (ED) conducted a search at Sanjay Singh's residence on Wednesday morning in connection with the revoked liquor excise policy in the national capital.

Union Home Minister Amit Shah on Thursday said that Prime Minister Narendra Modi's government is firmly committed to rooting out terrorism from the country. Shah posted a message on 'X', formerly Twitter, a few hours ago before attending the inauguration of the '3rd Anti-terror Conference' being hosted by the National Investigation Agency (NIA) here in the national capital. «The Modi government is firmly committed to rooting out terrorism from our country.

Manappuram Finance has filed Draft Red Herring Prospectus (DHRP) with the Securities and Exchange Board of India (SEBI) on October 5, the company informed the exchanges. The proposed initial public offering (IPO) of equity shares would be undertaken at face value of ₹10 each, comprising fresh issue up to ₹1,500 crore, the release added. Also Read: Kerala High Court negates FIR against Manappuram Finance CEO VP Nandakumar in money laundering case Founded in 2008 by SV Raja Vaidyanathan, Asirvad was taken over by Manappuram in February 2015 for ₹48.63 crore.

Westpac will merge its private banking arms at St George and Bank of Melbourne with the mainline brand, telling customers it will allow the company to invest more effectively in the service.

Read all the LIVE updates on Sikkim flood here Meanwhile, the death toll in Sikkim has risen to 14 on Thursday morning and 102 people are still missing. Over 3,000 tourists are feared to be stranded in different parts of the State. 12-14 workers working in the Teesta Stage 3 dam in Chungthang are still stranded in the tunnels of the dam.

NCR Corporation (NYSE: NCR) has disclosed further details concerning its previously announced separation of its ATM-focused businesses, including Self-Service Banking, Payments & Network, and Telecommunications and Technology sectors. The separation will involve the distribution of all common stock of NCR Atleos Corporation (formerly NCR Atleos, LLC) held by NCR Corporation to its common stockholders.

Janelle and Kody Brown was revealed to the public on the reality show «Sister Wives”. The couple share six children, and their family dynamics have been a central theme of the show. Take a closer look at their children;

By David Shepardson

Bhashini Division (DIBD) plans to launch the Reserve Bank of India's Public Tech Platform for Frictionless Credit in multiple languages to make financial services more accessible across languages. The DIBD will do this in collaboration with the Reserve Bank Innovation Hub (RBIH), a subsidiary of the central bank, to explore and develop solutions that break linguistic barriers in the sphere of financial services.

NEW DELHI : The Union cabinet on Wednesday raised cooking gas subsidy from ₹200 to ₹300 per cylinder for about 96 million low-income households, a move coinciding with upcoming assembly elections in five states and next year’s national polls. Offering additional subsidies aimed at benefiting rural women comes barely a month after the government approved the expansion of the PM Ujjwala Yojana scheme to 7.5 million women to take the number of total beneficiaries to 103.5 million over the next three years.

New Delhi: President Droupadi Murmu on Wednesday reminded businesses and professionals about India’s tradition of ethical wealth creation and appealed to business that their goal should not only be economic development but also social development and justice. Speaking at an event in the capital to mark the 55th foundation day of Institute of Company Secretaries of India (ICSI) , the President cited the works of Saint Thiruvalluvar and Kautilya and said that ethical wealth creation has always been praised and encouraged in India.

Enforcement Directorate is not expected to be «vindictive» in its conduct and must act with utmost probity and fairness, the Supreme Court has held, and directed the anti-money laundering agency to henceforth furnish the grounds of arrest to the accused in writing «without exception». In a significant verdict having far-reaching ramifications, the apex court said being a premier investigating agency charged with the onerous responsibility of curbing the debilitating economic offence of money laundering in the country, every action of the ED in the course of such exercise is expected to be «transparent, above board and conforming to pristine standards of fair play in action». «The ED mantled with far-reaching powers under the stringent Act of 2002, is not expected to be vindictive in its conduct and must be seen to be acting with utmost probity and with the highest degree of dispassion and fairness,» a bench of Justices AS Bopanna and Sanjay Kumar said.

Aam Aadmi Party (AAP) Rajya Sabha MP Sanjay Singh in connection with its ongoing money laundering probe in the Delhi liquor policy scandal. Singh was arrested after the federal agency carried out searches at his residence on Wednesday morning. Singh was arrested on grounds of alleged non-cooperation with the probe agency and giving evasive replies. Singh's name is mentioned in the charge sheet filed by the agency in the liquor policy scandal.

The John D

NEW DELHI : State-run Bharat Electronics Ltd (BEL) is installing Endpoint Detection and Response (EDR) software at the All India Institute of Medical Science (AIIMS) in New Delhi for continuous monitoring of computers following repeated cyber-attacks. This is being done on the advice of the National Critical Information Infrastructure Protection Centre (NCIIPC) and Indian Computer Emergency Response Team (CERT-In), which recently found malware on computers connected with MTNL. AIIMS Delhi has faced disruption in services due to cyberattacks, following which all doctors and medical staff have been advised to use AIIMS computers on its closed networks.

MUMBAI : The Securities and Exchange Board of India (Sebi) on Wednesday said it is statutorily empowered to lift the corporate veil and find out the truth whenever the interests of the investors are affected or likely to be affected. Sebi’s comments came while arguing in the Bombay Dyeing matter before the Securities Appellate Tribunal (SAT). A bench led by Justice Tarun Agarwala was hearing Bombay Dyeing’s petition challenging Sebi’s October 2022 order against the company.

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At the University of Tampa, Anthony Viggiano and three classmates faced off against another school in the 2018 “Ethics Invitational.” Hosted by the CFA Institute’s local branch, the competition tested which team could best tackle dilemmas they’d face as financial professionals.

Also Read: FII selling shows no signs of abating, offload over ₹4,000 crore in Indian stocks; DIIs are net net buyers The derivative contracts in the mentioned securities have crossed 95 per cent of the market-wide position limit and have been currently put in the ban period by the stock exchange, said NSE. ‘’It is hereby informed that all clients/members shall trade in the derivative contracts of said security only to decrease their positions through offsetting positions.