Man Financial News

Man Infraconstruction, a leading construction company, jumped nearly 13%, hitting an all-time high of ₹178.95 apiece in early trade on Thursday, driven by the company's proposed fundraising plans. In an exchange filing on Wednesday, the company announced that its Board of Directors is scheduled to meet on November 29, 2023.

Sensex closed 92.47 points higher at 66,023.24, while the Nifty 50 settled 28.45 points, or 0.14%, higher at 19,811.85. Nifty 50 formed a small positive candle on the daily chart with a long lower shadow. “Technically, this pattern indicates a formation of hanging man type formation, which is a bearish reversal pattern.

A jury has found ex-RCMP intelligence officer Cameron Ortis guilty of sending sensitive information to alleged criminals and money launderers in an unprecedented trial.

Delhi High Court has observed that a spouse who has a reasonable capacity to earn but chooses to remain unemployed and idle without sufficient explanation should not be permitted to saddle the other partner with the one-sided responsibility of meeting expenses by providing maintenance. The high court made the observation while reducing the amount of monthly maintenance from Rs 30,000 to Rs 21,000 to be paid by a man to his estranged wife under the Hindu Marriage Act (HMA). It said the woman claimed to have no independent source of income but has a reasonable educational background being a graduate from Delhi University. “She appears to have voluntarily undertaken social work as claimed despite there being no impediment to undertaking meaningful employment. «The spouse having a reasonable capacity of earning but who chooses to remain unemployed and idle without any sufficient explanation or indicating sincere efforts to gain employment should not be permitted to saddle the other party with one-sided responsibility of meeting out the expenses,” a bench of justices V Kameswar Rao and Anoop Kumar Mendiratta said. The bench said the maintenance does not have to be provided with mathematical precision but to give relief to the spouse who is unable to maintain and support during the pendency of proceedings and to ensure that the party should not suffer due to paucity of source of income. It said the provision for maintenance under the HMA is gender neutral and sections 24 and 25 of the Act provide for the rights, liabilities and obligations arising from marriage between the parties. The high court was hearing an appeal by the man challenging a trial court's order directing him to pay Rs 30,000 monthly maintenance to his

Shah Rukh Khan's "Jawan" has quickly soared to become Netflix's most-watched film in India within a mere two weeks. Netflix proudly announced the milestone on Twitter, stating, «Vikram Rathore has hijacked our hearts and records! 'Jawan' is now the most watched film in India in the first 2 weeks of launch, across all languages, on Netflix!» Released on September 7, «Jawan» has not only claimed the title of the highest-grossing Indian film of 2023 to date but has also amassed over Rs 1,100 crore in worldwide box office collections. The film set an array of records at the box office, securing the highest advance bookings and surpassing the $1 million ticket sales mark, a feat no other Bollywood movie has achieved. With an impressive Rs 75 crore collection on its opening day, «Jawan» even outperformed SRK's previous film «Pathaan» in terms of the highest opening day collection. On the fourth day of its release, «Jawan» continued its triumph, collecting Rs 80 crore, once again setting a new record.

Santos chief executive Kevin Gallagher says he is “very frustrated” at how undervalued the share price is by the market as he concedes legal delays at the $5.8 billion Barossa project in the Timor Sea are a big worry for investors.

Entering contract talks with Detroit’s three automakers, Shawn Fain set lofty expectations for what he could gain for his union members — and delivered on many of them

(This story originally appeared in on Nov 22, 2023)

Banksy, who first captured attention in the early 2000s with his politically charged graffiti.Now, more than two decades after he rose to fame, fans might have an answer.In a lost BBC interview from 2003, which resurfaced this week, Bansky was asked by a reporter if his real name is “Robert Banks.”The artist, who would have been in his 20s at the time, simply relied, “It’s Robbie.”Banksy’s identity has never been formally revealed, and interviews with the enigmatic artist are rare.An edited version of the BBC interview aired in 2003 and provided the unusual opportunity to hear Banksy’s voice. Parts of the interview, including confirmation of Banksy’s first name, were cut and unaired.BBC reporter Nigel Wrench recently unearthed the full Banksy interview from a minidisc in his house.

Chinese police say there has been an increase in CBDC-themed money laundering schemes as the digital yuan rollout continues.

Cost of Living LIVE November 22: The cost of living is basically the amount of money one needs to survive in a given place - and one's most essential needs such as food, water, housing, taxes, cost of commute, healthcare, etc. The high rate of inflation has pushed up the cost of living across the globe, burning a hole in the common man's pocket.

UBS managing director and senior portfolio manager Jason Katz discusses whether it's too early for the Fed to cut interest rates on 'Varney & Co.'

the RCMP in Toronto arrested Daixiong He, 68, of Richmond Hill, Ont., and charged him with uttering counterfeit money and possession of counterfeit money. The Mounties seized 10,000 allegedly fake Toonies during that investigation.

COPENHAGEN (Reuters) — A group of U.S. pension plans has lost a bid to block Denmark's tax agency from pursuing millions of dollars from them in a «cum-ex» tax fraud case after a judge in a New York district court ruled the trial could proceed.

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ChatGPT and DALL E. Initial reports had claimed that Satya and Microsoft were blind sighted by OpenAI's decision and soon afterwards the Microsoft chief executive is also said to have affirmed his faith in AI industry's poster boy.

Cost of Living LIVE November 21: The cost of living is basically the amount of money one needs to survive in a given place - and one's most essential needs such as food, water, housing, taxes, cost of commute, healthcare, etc. The high rate of inflation has pushed up the cost of living across the globe, burning a hole in the common man's pocket.

A plan for US billionaire Paul Tudor Jones to invest in Fortescue’s clean energy projects has turned sour, with the Wall Street icon’s private office accusing the Australian company of breaching contracts and behaving in an “unethical, immoral and unscrupulous” way.

judge ruled Monday that there is enough evidence for A$AP Rocky to stand trial on charges that he fired a gun at a former friend and collaborator on the streets near a Hollywood hotel in 2021. Superior Court Judge M.L.

A minor hockey coach in Nova Scotia has been charged with assault after an on-ice incident during a game this weekend in front of players and fans.

Simrat Sooch of Stoney Creek, Ont., was a true believer in electric vehicles.“The first one I had was very reliable,” said Sooch, so he didn’t hesitate to trade up.He bought a 2017 Ioniq made by Hyundai. Sooch was its second owner.