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SEBI as part of its ongoing investigation against the key management personnel of ZEEL, namely Punit Goenka, CEO and MD, has questioned some of the erstwhile directors of Zee Entertainment Enterprises Ltd (ZEEL), asking them about the steps they took to protect the minority shareholder rights of the company. On Monday, Sony Group Corp terminated its proposed $10 billion merger — first announced in December 2021 — between its India operations and Zee to create the largest media giant in the country. Following the development, at least 6 institutional shareholders cumulatively owning over 30 per cent of ZEEL are believed to be planning to approach the board and stock market regulator SEBI in the next week, to call an extraordinary general meeting (EGM) of ZEEL and seek the removal of ZEEL chairman R Gopalan and Punit Goenka, CEO and MD of the company. Over 350 ZEEL retail shareholders too are planning to join forces and write to SEBI seeking its intervention to protect their shareholder rights.

Russian billionaire Dmitry Rybolovlev is exploring the possibility of selling his stakes in French soccer club Monaco. Rybolovlev has been the majority owner of Monaco since 2011.

Jan 22nd, Panama – Gate.io, a leading crypto exchange and Web3 innovator, announced that its latest Proof of Reserves (PoR) methodology passed a comprehensive security review conducted by Hacken, a pioneer in blockchain and Web3 security auditing. The accompanying report found no severe issues.

A security report published today revealed losses incurred on BNB Smart Chain in 2023 reached over $161 million, compared to $1.1 billion in the previous year.

NEW DELHI : InterGlobe Enterprises, the parent company of India’s largest airline IndiGo, has announced the appointment of Aditya Pande as group chief executive officerwith effect from March. Pande joins the travel conglomerate from Udaan, India’s largest enterprise e-commerce company, where he was chief financial officer the past three years. Udaan announced his resignation on Monday.

NatWest Markets U.S. head Michelle Girard breaks down the December jobs reports and discusses the impact of the Fed's next rate decision on 'Making Money.'

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Tamilnad Mercantile Bank has recommended the names of three individuals for the post of Managing Director and CEO to the Reserve Bank of India, a top official said on Monday. The Tuticorin-based bank said it has developed a mechanism towards ensuring big fund transactions take place after getting an approval from a concerned officer.

Ram temple in Ayodhya on Monday. BigBasket’s BB Now, Zepto, Blinkit, and Swiggy Instamart capitalised on the event by promoting the sale of items such as lamps, flowers, incense sticks, coconuts and sweets with the introduction of a separate category for these products on their apps.

Here's all that happened on Monday, January 22, amid the Ayodhya Ram Temple ceremony: Tap here to follow Ram Mandir Inauguration Ceremony LIVE Updates The Ram Lalla idol was unveiled at the Pran Pratishtha ceremony attended by PM Modi, Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat and Uttar Pradesh Chief Minister Yogi Adityanath. The unveiling happened after the hour-long rituals in the presence of PM Modi who led the ceremony. Meanwhile, hymns, verses and songs about Lord Ram reverberated in temples across the nation.

₹225, the actual cost of a bag of urea, including government subsidies, is ₹3,000. Urea is the most popular crop nutrient—the most important source of nitrogen for crops which is required for photosynthesis and vegetative growth. With two sprays, farmers could drastically reduce the use of granular and heavily subsidized urea by almost half.

₹3,354, while retaining the ‘buy’ tag on the stock after conglomerate reported its third quarter results for FY24 last week. “We reiterate Buy with a higher TP of ₹3,354 from ₹3,194. We assume 22.8x (unchanged) FY26E EV/EBITDA for Retail, 18.0x (unchanged) for Digital Services and 6.5x (from 6.0x) for O2C," Elara Securities said in its report.

₹22-25 lakh crore for the next fiscal and ensure every eligible farmer has access to institutional credit, according to sources. The government's agri-credit target is ₹20 lakh crore for the current fiscal. Also Read | Budget 2024: How the Union Budget is prepared? A quick guide Currently, the government provides interest subvention of 2% on short-term agri-loans of up to ₹3 lakh for all financial institutions.

Billionaire money managers Chris Hohn and Ken Griffin led hedge funds to deliver one of the best years for clients in 2023.

Vanguard is empowering its advisors and investors in the often complex field of intergeneration wealth and legacy planning.

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Gold finished lower last week, and remains in the red for the month of January and therefore the year as well. The metal had risen in the last three months of 2023, boosted by speculation that the Fed is going to start cutting interest rates sooner than it had projected in its previous dot plots.

BEIJING (Reuters) — China will take more forceful and effective measures to support market confidence, state media CCTV reported on Monday, citing a cabinet meeting, following a plunge in Chinese shares.

Investing.com — U.S. stock futures edged higher Monday, continuing the recent tech-inspired rally at the start of a week that includes more earnings reports as well as key economic data. 

Hong Kong may witness the launch of its first spot crypto exchange-traded funds (ETFs) by the middle of this year.