Letter Financial News
11.08 / 18:51
Merit
country
letter
Congress releases Advani's letter asking CJI be made chairman of panel to select CEC
LK Advani had written to the then PM Manmohan Singh in June 2012, demanding broad-basing of the collegium to select the Chief Election Commissioner by making the Chief Justice of India its chairman and the PM, law minister and leaders of the opposition in the Rajya Sabha and Lok Sabha as its members. But the Congress move also raised some eyebrows within the party.
11.08 / 12:40
Twitter
country
letter
‘Modi government taking control of EC in poll year’: Congress takes new dig at BJP-led NDA cites LK Advani's letter
Lok Sabha Elections. Madhya Pradesh, Rajasthan, Chhattisgarh and Telangana would go for polls this year The contentious bill tabled on Thursday in the Rajya Sabha seeks to replace the Chief Justice of India with a cabinet minister in the panel for selection of the chief election commissioner and election commissioners. The bill will allow the PM Modi government to have more control over poll bodies through the appointments of members of the poll panel.
08.08 / 19:19
UPS
Provident
letter
Hancock letter reveals mining magnate sought to avoid heir dispute
Mining magnate Lang Hancock wrote to the family of his business partner Peter Wright prophetically stating he wanted a clean division of their partnership’s assets to avoid “grey areas for our respective heirs to argue about”.
08.08 / 12:47
Target
Remark
letter
open
'Defund spread of hate speech...': IIM Bangalore faculty writes open letter to corporate India
Stop hate speech, violence at Nuh protests, says SC The missive also stressed the substantial role played by ‘leaders of corporate India’ in curbing the spread of hate and misinformation. The IIM faculty members laid out a multi-part appeal, urging corporate India to “stop funding media content that targeted any particular community".
06.08 / 13:01
UPS
Waves
Target
FIVE
letter
Karnataka: CM Siddaramaiah to meet with groups of Congress MLAs on Monday, the first after last month’s letter war
DK Shivakumar will hold their first meeting with a group of Congress MLAs in Bengaluru on Monday to hear out their grievances in a bid to stem any displeasure among the party’s lawmakers about the 10-week old government. The meeting comes in response to a promise the CM held to his party MLAs, last month, after about a dozen MLAs wrote to him demanding a Congress legislature party (CLP) meeting. He offered to meet MLAs district-wise every month.
06.08 / 06:21
Provident
Manufacturing
Action
cover
letter
Warning
USFDA issues warning letter to Intas Pharma for Sanand plant
Intas Pharmaceuticals for manufacturing lapses, including failure of its quality control unit to ensure CGMP compliance, at its Sanand-based manufacturing plant. In a warning letter dated July 28, 2023, the US Food and Drug Administration (USFDA) pointed out various manufacturing lapses at the plant.
30.07 / 21:33
COST
show
country
letter
Nigeria's Tinubu appoints investigator to probe central bank - letter
ABUJA (Reuters) — Nigeria's President Bola Tinubu has appointed a financial watchdog to investigate the central bank, weeks after he suspended its governor, a copy of a letter from the president showed on Sunday.
27.07 / 07:31
companies
Acquisition
liontrust
GAM
NewGAMe
Albert Saporta
letter
open
'Infuriated' GAM investor group hits back at Liontrust in emotional open letter to shareholders
This was the latest in an ongoing pushback from NewGAMe over Liontrust's acquisition of the Swiss firm, which it claims undervalues GAM at CHF 107m (£96m).
26.07 / 08:05
Twitter
LGBT
letter
Swiggy Instamart's ingenious resignation letter goes viral: Redefining creative goodbyes
resignation letter can be a daunting task, especially when we aim to strike the right chord while expressing our decision to move on from a job. Oftentimes, we seek inspiration from friends or resort to online searches for templates to help us draft the perfect farewell message. Recently, a truly unique and imaginative resignation letter shared by Swiggy Instamart on Twitter caught the attention of netizens, leaving them in awe.
26.07 / 00:05
UPS
Discover
RIO
show
letter
Bombshell letter shows Rinehart ‘knew for decades’ about rival’s share
A 37-year-old letter penned by Lang Hancock could prove that his daughter, Gina Rinehart, has known for decades that a now-rival family has a claim to a share of lucrative mining tenements developed by her company in West Australia’s Pilbara.
24.07 / 01:57
Ford
Fox
CEO
Parke
Discover
lawmakers
letter
US lawmakers
Ford ‘reviewing’ letter from US lawmakers worried about Chinese battery maker partner's ties to 'forced labor'
Check out what's clicking on FoxBusiness.com
20.07 / 19:33
Target
Aware
CEO
Dreams
letter
Uday Kotak’s letter to KMB shareholders ruffles regulator
MUMBAI : Billionaire banker Uday Kotak’s recent letter to Kotak Mahindra Bank (KMB) Ltd’s shareholders has displeased the Reserve Bank of India (RBI), which thinks the letter’s reference to “Arjuna’s eye" and other such mentions are a veiled criticism of the central bank governor Shaktikanta Das, a person aware of the matter said. Kotak, in his last shareholder letter as managing director of KMB before stepping down at the end of this year, expressed concerns about the impact of over-regulation on the entrepreneurial spirit of financial sector companies. “I feel the financial sector players risk becoming more robotic, curbing the entrepreneurial flair since the fear of making a mistake overrides the joy of creation and development," he said.
20.07 / 02:49
Entertainment
film
love
voice
song
letter
Rita Ora says new album 'You & I' is a 'personal letter' to fans, credits husband Taika Waititi for 'regaining her musical mojo'
Rita Ora. «I think, as humans, we always tend to doubt ourselves. And so, I think over the course of my last album… a lot happened,» said the 32-year-old singer, who recently married, changed record labels and became busier with more TV gigs. «I lost a bit of confidence.» Now, the multi-hyphenated entertainer is betting on herself with her new album, 'You & I', out now, which she says is a «personal letter» to her fans. She partly credits her newlywed husband, filmmaker Taika Waititi, with regaining her musical mojo. «The whole album is not just about him,» she said. «But it definitely has a lot to do with my connections with my family and my friends… and everything that inspires me.» 'You & I' marks Ora's third studio release following 2018's 'Phoenix'. The 12-track project boasts credits from executive producer Oak Felder (Alicia Keys, Usher, Ariana Grande), along with Rollo (David Guetta, BTS) and Keith Sorrells (John Legend, Demi Lovato).
15.07 / 10:47
Twitter
Software
Dreams
letter
IIT grad uses AI to write cover letter, move falls flat after code fails to work
IIT graduate — identified only by his first name, Akhil — went viral on Twitter after one user shared a screenshot of a cover sent by him to potential employers. In the letter, Akhil had showcased his job skills, experience, and made the case for himself to secure his dream job. However, the mass e-mail hit a snag, as the software engineer left in a small bit of code that didn't achieve its desired goal.
11.07 / 22:19
regulation
Senate
Taxes
letter
committee
open
US Senate Finance Committee asks digital asset community how to tax it in open letter
United States Senate Financial Services Committee Chair Ron Wyden and ranking member Mike Crapo released an open letter to the digital asset community on July 11 asking for input on the taxation of digital assets. The senators are looking for solutions to highly complex taxation issues, so much so that they offered background reading from the Joint Committee on Taxation to prepare respondents.
11.07 / 15:29
Action
SENSEX
letter
Warning
Lupin gets EIR for Pithampur Unit-2, paves way for resolving warning letter
Lupin on Tuesday said it has received establishment inspection report (EIR) from the US FDA with a voluntary action indicated (VAI) status for its Pithampur Unit-2 facility in Madhya Pradesh. The EIR represents the closure of the inspection, and also paves the way for possible lifting of warning letters on the facility imposed by the US drug regulator. VAI means the facility is generally in compliance, with only minor violations that do not meet the threshold for action.
08.07 / 16:27
Law
regulation
SEC
coinbase
letter
Coinbase was aware of securities law violations, the SEC claims in letter
According to a letter sent by the SEC on July 7 to a district judge, Coinbase had knowledge of the probability that federal securities laws would apply to its operations, openly informing its shareholders about the possibility of assets traded on its platform being classified as securities.
05.07 / 16:52
Citi
Provident
FIVE
Booking
Career
letter
‘End of an era’: This was Deepak Parekh's salary when he joined HDFC 45 years ago; offer letter goes viral
₹3,500 plus ₹500 as a fixed Dearness Allowance. He was also entitled to 15 per cent Housing Rent Allowance and a City Compensatory Allowance at 10 per cent.
04.07 / 16:01
FIVE
Waters
Extreme
CEO
Discover
letter
Titan sub tragedy: ‘You are going to kill someone', ex-employee’s letter to CEO emerges
The Ominous details regarding the safety of the onboard passengers of ill-fated Titan submersible that killed all five including OceanGate Expeditions CEO are emerging weeks after the tragedy that took place near the Titanic wreckage in the North Atlantic Ocean. The New Yorker has published an email of a former employee of OceanGate Expeditions which he wrote to ex-associate years ago with concerns about the potential failings of the submersible and an ominous warning about its CEO Stockton Rush about his reckless pursuit of personal glory. “I don’t want to be seen as a Tattle tale but I’m so worried he kills himself and others in the quest to boost his ego," David Lochridge wrote about OceanGate CEO Stockton Rush, reported CNN.
01.07 / 10:05
Progressive
letter
Returns
Stolen 16th century letter returns to its home in Tuscany
Renaissance artist and historian Giorgio Vasari has been returned to its owners in Tuscany more than 20 years after it was stolen, Italian police said on Thursday. The letter was dated March 18, 1566 and is believed to be worth around 20,000 euros ($21,760).
30.06 / 12:29
business
regulation
Microsoft
Europe
European Union
Tech
letter
The EU’s AI regulations sparked a letter signed by 160 tech execs
An open letter to lawmakers in the European Union was issued by more than 160 executives from tech companies around the world urging careful consideration of artificial intelligence (AI) regulations not to stunt the industry or markets.
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