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Dr Lal PathLabs, Sun TV, and 19 other companies are expected to be in focus today, as they have set August 20 as the record date for determining shareholders eligible for dividend payments. This means today is the last day to purchase shares of these companies to qualify for the announced dividends.

district court in Pune has dismissed an application filed by the US fast-food major Burger King Corporation (BKC) to restrain its local namesake from using the trademark ‘Burger King’ In an over 13-year-old case, district Judge Sunil G. Vedpathak, while dismissing the US fast-food major’s petition also dismissed the counterclaim filed by the Pune-based firm. “Admittedly plaintiff (BKC) has registered its trade mark Burger King under class 42 pertaining to restaurant services as of October 6, 2006. So, considering the fact that defendants are prior users of the trademark in question, I am of the opinion that the plaintiff has no cause of action to seek relief of perpetual injunction,” said the court in his 57-page order. “Thus, in the absence of cogent evidence, I find that the plaintiff is not entitled to damages, rendition of accounts and the relief of perpetual injunction,” it further added.

Anthony Scaramucci, was once a agile staff in the Trump administration, but later went on to become a vocal critic of him. Scaramucci is of the opinion that Trump has already seen his defeat in this poll race and journey and it would be a tough 81 days for him, leading to the US Presidential Elections 2024.

Kamala Harris has led almost all opinion polls since Joe Biden sidestepped and endorsed her for the US Presidential Election 2024. If media reports are to be believed, it was largely due to the enthusiasm she has created among the US voters. But economic indicators are now being discussed, Donald Trump has targeted the vice president for rising unemployment and she has declared to ban food price hikes if elected. So, will the economic factors help the presumptive Democratic candidate? Or will the Republican candidate be able to upset her winning equation by taking the rants of «America First» and «Make America Great Again» (MAGA) to a new height?

Mutual funds were sitting with Rs 1.71 lakh crore cash allocation in July which was 4.89% of the total AUM. The net equity AUM was recorded at Rs 35 lakh crore as on July 2024. There were around 43 mutual funds in the market in the said period. Five mutual funds had more than Rs 1 lakh crore cash in their portfolio. ICICI Prudential Mutual Fund had the highest cash allocation of Rs 33,790 crore as on July 2024 which was 8.90% of the total AUM. The fund house had an equity AUM of Rs 3.45 lakh crore as on July 2024.

Nilesh Shah, MD, Kotak AMC, asks how can we become wealthy with an asset allocation where 93% of savings is not going to deliver real return. Of course, there are complexities and there is worry. But while investing in risk-taking assets like equities, bonds, debentures, and mutual funds, take guidance from experts. With their advice and support, one will be able to invest for real return. So, invest for real return, even though it means taking some risk. What kind of change have you seen in your personal, and professional life that is reflected in India so far as India celebrated its 78th year of independence? Nilesh Shah: My father died very early when I was very young and my mother was always dependent on me for her retirement. She never had enough savings and she was always spending to make us study and help us grow. Hence, she is dependent upon me as her retirement solution. But I can proudly say I have done my retirement solution through my money. That is the change I want to see in every Indian.

Reliance Industries among 3 other companies are expected to be in focus today as they have set August 19 as the record date for determining shareholders eligible for dividend payments. This means today is the last day to buy shares of these companies to qualify for the announced dividends.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

More debt-burdened Canadians think better days could be just around the corner after an interest rate cut and promising data boosted their outlook for the economy, a long-running survey of consumers suggests.

Donald Trump struggling with his election campaign and set to lose the US Presidential Election 2024 after trailing Kamala Harris in most of the opinion polls? Has the Democrat contenders changed the scenario so quickly after being endorsed by President Joe Biden last month that the Republican candidate has been left clueless? 'Daily Show' host Jon Stewart has said in the most unambiguous terms that Donald Trump is “clearly struggling” to come up with a message now that the vice president has replaced Joe Biden as his campaign rival, reports 'BuzzFeed'.

Independence Day speech this morning, Prime Minister Narendra Modi made a compelling case for a Uniform Civil Code. He said the laws that create divisions within the country are outdated and should be abolished in a modern society. Addressing the nation from the Red Fort, Naredra Modi said there have been many discussion on Uniform Civil Code in the past and it the «need of the hour» to have a secular civil code in the country that should be ‘secular’ and not ‘discriminatory’. “There should be discussions on the Uniform Civil Code. The present civil code appears to be ‘communal’. India needs a ‘secular’ civil code. It is need of hour to have a secular civil code and do away with discriminatory communal civil code,” Modi said in Independennce Day speech, over two months after returned to pwoer for a record-equalling third term.

Starbucks Corp. CEO Brian Niccol is a star executive who is widely considered the best in the business. Quite frankly, it’s surprising the company was able to hire him. Despite the coffee giant being one off the world’s most iconic and powerful brands, Starbucks has a problem for any incoming CEO. And that problem is named Howard Schultz. As Starbucks’ longtime CEO who became synonymous with the company he all but founded, Schultz can’t seem to let go. He’s twice boomeranged back into the top job when the company hit turbulence. And since he departed from the board a year ago, he has become a meddler — criticizing his successor Laxman Narasimhan and the board in a LinkedIn post and on a podcast, even though he handpicked Narasimhan, trained him and set an aggressive growth plan on his way out the door.

Technocraft Industries announced a Rs 130 crore share buyback at a price of Rs 4,500 on Tuesday. The record date for this buyback has been set for August 27. Following the announcement, the company’s shares surged by 10% to a day's high of Rs 3,616 on the BSE today. The buyback price represents a premium of nearly 38% over Tuesday’s closing price and will be conducted through a tender offer route.

Twitter, former US President Donald Trump has returned to it. He appeared there in an interview with X boss Elon Musk at a time when his popularity has gone down severely and he has been trailing behind rival Kamala Harris is almost all opinion polls held since Joe Biden stepped aside. Recounting his assassination attempt, Trump discussed many issues, including the deportation of migrants. The interview posted on X, lasted for two hours. It was overwhelmingly friendly, but it revealed nothing new about the GOP candidate for the US Presidential Election 2024. Trump kept on talking about his recent assassination attempt, illegal immigration, and his plans to cut government regulations.

Maharashtra Deputy Chief Minister Ajit Pawar has said he made a mistake by fielding his wife Sunetra Pawar against his cousin Supriya Sule in the recent Lok Sabha polls. One should not allow politics to enter home, Pawar, who is currently on a statewide 'Jan Samman Yatra', told Marathi news channel Jai Maharashtra. As part of his mass outreach programme ahead of the state assembly polls, the deputy CM has been promoting the government's 'Mukhyamantri Ladki Bahin Yojana', aimed at providing financial assistance of Rs 1,500 per month to women. In the Lok Sabha elections held earlier this year, Sunetra Pawar unsuccessfully contested the election from Baramati seat against sitting NCP (SP) MP Supriya Sule, daughter of Ajit Pawar's uncle Sharad Pawar.

BEL), RailTel, Samvardhana Motherson International, and 13 other companies are expected to be in focus today as they have set August 14 as the record date for determining shareholders eligible for dividend payments. This means today is the last day to buy shares of these companies to qualify for the announced dividends.

Kamala Harris surpassed Donald Trump in popularity and she took a lead in most of the opinion polls held since Joe Biden pulled out endorsing her last month, the advisers and top aides of the Republican candidates are upset with his public appearances, reports 'The Beast'. The Trump campaign team is getting increasingly anxious about his public meetings that are going from bad to worse. The aides who were very happy after Donald Trump emerged as a hero after the failed assassination attempt at the Republican National Convention in Milwaukee are now upset. The main change in his behavior is his increasing anger perhaps due to the Democrats’ resurgence that came out first when he used derogatory words against Kamala Harris. He questioned the Black identity of the first black vice president of the US at a gathering of the National Association of Black Journalists. Also Read: Billionaire Island: Here’s release date, where to watch, cast and production team

Delhi High Court on Monday directed the Delhi Police to not arrest former IAS Puja Khedkar, who has been accused of 'misrepresenting and falsifying facts' in her UPSC application, till August 21. The Court has issued a notice on Khedkar’s anticipatory bail plea. Justice Subramonium Prasad issued notice to the Delhi Police as well as the UPSC on the anticipatory bail plea by Khedkar, and asked them to file their responses.

Ola Electric today surged 11% to its fresh high of Rs 101.29 on BSE on the second day after its listing on the stock exchanges. Ola Electric was listed on Friday, August 9 disappointing investors as it got listed at par with the issue price of Rs 76. However, later during the day, the stock surged 20% to hit an upper circuit high of Rs 91.20 on NSE.

The BSE Sensex was down by 294 points, or 0.37%, trading at 79,411, while the Nifty50 dropped 85 points, or 0.35%, to 24,282 around 9:18 am.

Sebi's 7-point proposal is driven by the need to address emerging risks and challenges in the index derivatives market. By implementing these measures, the regulator aims to enhance retail investor protection by reducing complexity and risk, promote market stability by discouraging excessive speculation by retail investors and encouraging meaningful market participation and support market growth by promoting investor confidence and participation. Let’s have a look at how the proposed measures will impact the ecosystem: