International Financial News

shares of ABS Marine Services listed on the NSE SME platform with a premium of 100% on Tuesday. The stock was listed at Rs 294 as against an issue price of Rs 147 per share. Ahead of the debut, the company's shares were trading with a premium of Rs 100 in the unlisted market.

pick-up lanes at Kempegowda International Airport (KIA) will no longer come with a fee. Hours after Bangalore International Airport Ltd (BIAL), which manages KIA, introduced an entry charge for accessing the arrival pick-up lanes at both Terminals 1 and 2, it has suspended the move, following protests, according to TOI. Initially, there was some resistance from a portion of the driving community, causing BIAL to temporarily halt the fee collection. However, a source within BIAL clarified that taxi aggregators and airport taxi operators, who have their own designated lanes, are exempt from this new fee. Private vehicles were earlier not charged for the first seven minutes of access to the pick-up lanes but had to incur a fee of Rs 150 for the subsequent seven minutes. Commercial vehicles, on the other hand, were to be charged Rs 150 for the first seven minutes and Rs 300 for the next seven minutes. Buses were required to pay Rs 600, and Tempo Travellers Rs 300. If a ticket is lost, a fixed fee of Rs 600 applied.

Amal Clooney helped the International Criminal Court weigh evidence that led to the decision to seek arrest warrants for top Israeli and Hamas leaders, the human rights lawyer said Monday. The high-profile British-Lebanese barrister posted a statement on the website of the Clooney Foundation for Justice, which she founded with her husband, American actor George Clooney.

Iranian presidents since the early 1980s have in essence been expressions of what the supreme leader thought he needed at the time. Ebrahim Raisi was not only a protégé of Ayatollah Ali Khamenei, but also closer in his purist religious and political views. So it matters that at home — where the future of the regime will ultimately be determined — the man chosen to restore faith in and obedience to the Islamic Revolution failed. Raisi came to power in 2021, claiming that Iran didn’t need a by-then-defunct nuclear deal with the West and could prosper by facing its “resistance economy” squarely to the east. He also quickly imposed a crackdown on female dress codes, in a demonstrative turn to a past where his revolutionary credentials — as “the Butcher of Tehran,” responsible for mass executions of regime opponents in 1988 —were impeccable.

France said late Monday it supported the independence of the International Criminal Court, whose prosecutor has requested arrest warrants for leaders from Israel, including Prime Minister Benjamin Netanyahu, and the Islamist movement Hamas. «France supports the International Criminal Court, its independence, and the fight against impunity in all situations,» its foreign ministry said in a statement.

State Bank of India has maintained its position and once again declined to share the standard operating procedures (SOPs) given to its branches for the sale and redemption of electoral bonds, reported The Times of India. The bank justified the denial by saying the information sought was held by the bank in "commercial confidence', was the "intellectual property of the bank" and the internal guidelines were strictly meant for the dealing staff. Anjali Bhardwaj, a transparency activist, filed an application on March 4 to request SOPs issued by SBI starting from April 2017. After the bank denied the information on March 30, she decided to appeal to the first appellate authority (FAA) of SBI. Feeling unsatisfied with the response received on May 17 from the FAA, Bhardwaj has now decided to appeal against the denial to the Central Information Commission (CIC).

Iran’s president, some clarity is emerging about Tehran’s next steps. The bad news for western capitals and those Iranian activists pushing for change is that there’s little hope of a relaxation of political oppression, or of the antagonism directed at the US and its allies, according to western officials. They see the authoritarian regime as robust enough to carry on its current trajectory after Ebrahim Raisi’s death in a helicopter crash.

Netanyahu and the Palestinian militant group Hamas have strongly condemned the International Criminal Court's (ICC) decision to seek arrest warrants for their leaders over alleged war crimes committed during the recent conflict. ICC prosecutor Karim Khan's request targets Netanyahu and Defense Minister Yoav Gallant from Israel, as well as Hamas leaders Ismail Haniyeh and Yahya Sinwar. Israel has strongly criticized the International Criminal Court's (ICC) decision to seek arrest warrants for Prime Minister Benjamin Netanyahu and Defense Minister Yoav Gallant. The Israeli government labeled the allegations as a «historical disgrace,» according to a report by AFP.

Wipro, which has recently undertaken a management rejig after the appointment of new chief executive Srinivas Pallia, announced some more incremental organisational changes last week, according to an email to employees that ET has seen. Jason Eichenholz, who is senior vice president and global head of Ecosystems & Partnerships, will now report to Jo Debecker, head of Wipro's FullStride Cloud business line. While Eichenholz joined Wipro in August 2021, Debecker has been with Wipro since January 2022. Before joining Wipro, Debecker was chief delivery officer and head of group operations at Atos.

US President Joe Biden denied Monday that Israel's war in Gaza was genocide, as he slammed an «outrageous» request by the International Criminal Court's prosecutor for an arrest warrant for Israeli leaders. «What's happening is not genocide,» Biden told a Jewish American Heritage Month event at the White House as he discussed the conflict sparked by Hamas's October 7 attack on Israel.

AFP. Moreover, the US State Department also issued its statement over the matter and rejected the announcement from the ICC Prosecutor, calling it 'shameful'. "The United States fundamentally rejects the announcement today from the Prosecutor of the International Criminal Court (ICC) that he is applying for arrest warrants for senior Israeli officials, together with warrants for Hamas terrorists. We reject the Prosecutor's equivalence of Israel with Hamas.

US markets reopen next Tuesday after the long weekend, everything will likely seem normal. It's only after the close and in the following days that any cracks are expected to appear. A spike in the number of failed trades, operational glitches and additional costs are among industry fears as the trading process for American securities accelerates, with the time allowed to complete every transaction halved to a single day. Spurred on by the original meme-stock frenzy, the Securities and Exchange Commission is pushing the shift to reduce the chance of something going wrong between when a trade is executed and when it's settled. But the switch to what's known as T+1 comes with risks of its own.

DC Studios and Fathom Events will bring 'Super/Man: The Christopher Reeve Story' to theaters across the U.S. in September 2024, with special showings on two dates.

In charts: India’s spices exports raise a stink abroad Certain Everest and MDH products were recently found to have violated rules around ethylene oxide residue in Singapore and Hong Kong, resulting in recalls and bans of specific batches of their products in these markets. Hong Kong completely prohibits ethylene oxide in food products, while Singapore has a limit of 50 parts per million. The European Union's limit is even lower, ranging from 0.02 to 0.1 mg per kilo.

Americans traveling this summer have broadly seen prices fall for airline fares, a welcome trend after last year's sticker shock.

The new tariffs President Biden announced last week aren’t economically significant. Symbolically, they are huge. The U.S.

Prince Edward Island (PEI), a significant protest is unfolding. A group of former and current international students, mostly from India, have taken to the streets, voicing their distress over a policy shift that jeopardizes their future prospects in the country. According to reports, the controversy centers on the Provincial Nominee Program (PNP), a lifeline for many international students aiming to secure permanent residency (PR) in Canada. Typically, Indian students enroll in institutions in provinces like Ontario or British Columbia. However, upon realizing the fierce competition for PR in these densely populated areas, many transfer to smaller, less populated provinces like PEI. Do you meet the immigration criteria? Check here These provinces, grappling with stagnant and aging populations, have historically relied on the PNP to attract temporary residents, thereby addressing labor shortages and sustaining population growth.

Bengaluru late on Saturday night, the engine of an Air India Express aircraft carrying passengers from Pune to Kochi caught fire. This resulted in the plane's return and an emergency evacuation of its 179 passengers, who were left stranded in the Karnataka capital for almost thirteen hours. There were six crew members on IX-1132.

MUMBAI : PE firm TA Associates lines up a unicorn housing finance bet Private equity firm TA Associates is set to pick up a significant stake in Multiples PE-backed Vastu Housing Finance Corp. Ltd, in another sign of increasing investor interest in the housing finance sector. The deal size will likely be about $400 million, with Vastu Housing Finance valued upwards of $1.4 billion, said one of three people with knowledge of the deal.

TAIPEI—Taiwan’s new president said the island democracy would serve as a “helmsman of global peace" under his watch in a carefully calibrated inauguration speech reflecting his delicate status at the fulcrum of tensions between the U.S. and China. With Beijing and Washington both listening carefully, Lai Ching-te offered to keep Taiwan open to engagement with China.

Ebrahim Raisi, Foreign Minister Hossein Amir-Abdollahian, and other officials, were found dead at the site of a helicopter crash on Monday, following an hours-long search through a foggy, mountainous area in the northwest of the country, state media reported. Newswire AP reported that Raisi has long been regarded as a protégé of Iran's supreme leader, Ayatollah Ali Khamenei, and a potential successor within the country's Shiite theocracy. The news of the helicopter crash, which Iran's state media referred to as a “hard landing" on Sunday, has drawn renewed attention to Raisi, who was under sanctions from the US and other countries for his alleged role in the mass execution of prisoners in 1988.