Rights Financial News
16.09 / 10:32
markets
Digital
Experts
RAI
cover
rights
Australians now have the right to disconnect. Can India expect the same?
However, Australia’s recent “right to disconnect” policy now offers a concrete legal cover to employees: after work hours, they can refuse any demand related to work from their boss. While the benefits and challenges of this policy are still being speculated, it is a great step to increase employee retention. Given the rising cases of work-related burnouts in India, it’s important to understand the potential benefits and challenges associated with this policy in the Indian context. Benefits for organisations
16.09 / 09:17
President
show
voice
social
innovations
donates
rights
Which candidate is better for tech innovation? Venture capitalists divided on Harris or Trump
Being a venture capitalist carries a lot of prestige in Silicon Valley
16.09 / 08:28
markets
UPS
wellness
Trade
show
rights
Top stock pick from Aditya Arora for near term
«Nifty has hit new highs, but Bank Nifty has not hit new highs, so there is some unfinished business and components of Bank Nifty are looking positive on the chart. So, I maintain constructive view on Bank Nifty compared to Nifty and before the event we could consolidate in a tight range,» says Aditya Arora, Adlytick. Around 100 points of correction that we are seeing in Nifty today after touching life high, where do you expect the markets to head going forward, do you expect them to consolidate at current levels? Aditya Arora: Yes, I agree with you, Nifty is expected to consolidate in a narrow range because we have Fed event lined up on 17th and 18th of September, which is a very big trigger for the market. Just to bring forward a very interesting fact, we had Federal meeting on 17th and 18th of September in 2007 as well, and this is much awaited rate cut after almost three to four years. So, market will watch out for some key numbers. Like, last time Nifty shot up almost 4% in 2007, but what I am trying to say is that we can expect 2% to 4% kind of volatility in the market post the event, prior to that Nifty may consolidate in a wide range and Bank Nifty looks pretty constructive compared to Nifty because there is some unfinished business over there.
16.09 / 08:16
markets
Strategy
economy
wellness
country
innovations
rights
Can Akzo Nobel maintain growth in a volatile paint industry? Rajiv Rajgopal answers
«The forex has been relatively stable. So, we have got to see how this navigates. For us, we have got a very clear, focused strategy to deliver growth and be in the top two in incremental growth, as you have seen in the quarter that went by,» says Rajiv Rajgopal, MD, Akzo Nobel India. Given that crude is such a crucial raw material for you, tell me the dip below 70, how is that impacting your life? Rajiv Rajgopal: Look, as far as the crude is concerned, the dip had gone down to almost $68. It has come back to 70, so it is a little unpredictable at this point of time. Firstly, whatever little benefits that come, you would see it more accrue in the next quarter and more likely in the fourth quarter if this continues.
16.09 / 07:39
markets
UPS
FIVE
wellness
trends
Cycling
rights
No market crash on the horizon; private banks to pip PSBs, power a mega theme: Ravi Dharamshi
Ravi Dharamshi, CIO, ValueQuest Investment Advisors, says the generalization that the entire market is expensive tends to miss out on a lot of nuances. There are pockets where there is overvaluation and there are pockets where there is some opportunity present from the next three to five years. India is making itself stand apart from the rest of the world because it is driven by domestic flows. It is driven by much stronger fundamentals. While a correction cannot be ruled out, we are not on the verge of a crash or any crisis that will lead to capital disruption. Right now, the big trigger is going to be coming in from the Fed midweek, but other than that, it is a global rally in place, be it for the US, be it for us. For us, the FIIs also now have made a comeback. How are you feeling about the market? Ravi Dharamshi: There is a lot of scepticism, justifiably through the valuations. But valuations are a necessary condition, not a sufficient condition for the markets to correct. I would say the generalization that the entire market is expensive tends to miss out on a lot of nuances. There are pockets where there is overvaluation and there are pockets where there is some opportunity present from the next three to five years.
16.09 / 07:05
Booking
Fox
Research
rights
Interviews
cross-country
New book captures ‘intimate look’ at Terry Fox
Terry Fox had run the length of a marathon a day during his journey across Canada, she was shocked.Like most Canadians, Adhiya had known about the icon’s 1980 mission to raise funds for cancer research through a 4,700-mile run from Newfoundland to British Columbia, but not much about Fox’s childhood, the day-to-day grind of his run and his deep connection to his supporters.The editor and writer’s new book, Hope by Terry Fox, published this month by ECW Press and Burman Books, explores who Fox was beyond what he called his Marathon of Hope through interviews, journal excerpts, letters and photos.“As Canadians, we adore him for very good reason, and he is our iconic hero,” Adhiya said. “But I think this book allows you to really understand the depth of who he was as a human being.”“This is hope, as Terry Fox would teach you.”Fox, of Port Coquitlam, B.C., was 18 years old when he was diagnosed with bone cancer and had to have his right leg amputated.
16.09 / 05:30
UPS
Citi
Parke
Bill
love
shock
rights
How China’s communists fell in love with privatisation
Subscribe to enjoy similar stories. On a recent visit to his hometown of Laixi, in eastern China, Guo Ping received a shock: the local government had sold off a number of state-owned assets, including two reservoirs. The small city’s finances, as well as those in the neighbouring port of Qingdao, were under strain, forcing officials to come up with new sources of revenue.
16.09 / 03:23
markets
UPS
Death
wellness
cover
rights
Start insurance planning before starting family
retirement. About 12 years ago, he took a life insurance policy worth Rs. 25 lakh. He feels he is covered sufficiently with this policy and investments in case of any emergency. He believes he only needs to top up his life cover as he prepares for family life. Is this the right approach? Sinha is planning well, but he needs to continue funding for his goals. The risk of an untimely death could disrupt his investment plans and leave his family without a stable income. A term insurance policy is ideal for covering such risks. However, it’s important to review coverage at each life stage, and starting a family is a good time for this. He should consider inflation, his financial situation, dependants, and his family’s needs in his absence. Just as death is a possibility one cannot ignore, so is the loss of earning capacity. A personal accident policy meets the need for replacing loss of income. Sinha must look for a comprehensive policy, which covers all contingencies: death, permanent total disability, permanent partial disability, and temporary total disability.
16.09 / 02:20
markets
President
shooting
Golf
information
rights
International
Donald Trump: Shooting at Trump International Golf Course; Joe Biden, Kamala Harris informed
The shooting took place on the grounds of the Trump International Golf Course West Palm Beach on Sunday while 78-year-old former President Trump was at the course, the Palm Beach County Sheriff's Office said, but officials said that Trump was safe and that the intent was unknown. His campaign communications director Steven Cheung says Trump was safe. «President Trump is safe following gunshots in his vicinity,» Cheung said in a statement. «No further details at this time.»
16.09 / 01:58
markets
Target
Adventure
Experts
Fishing
performer
rights
Are you adding new mutual funds to portfolio amid rising market for better returns? Not a good idea, follow this instead
The voracious appetite among MF investors is evident in the flows pouring into funds. Gross money invested via systematic investment plans (SIPs) surged to an all-time high of Rs.23,547 crore in August. The total number of SIP accounts reached 9.61 crore, while the folio count surpassed 20 crore. The share of equity funds in total AUM now constitutes 62% of the industry’s AUM—an all time high—showing a growing appetite for risk. Individual share in total AUM has grown from 54.9% to 63.2%. However, investors are not simply putting more money in the existing funds in their baskets. They are adding new funds in a bid to boost their returns. This is a familiar story in every bull market. As fund performance kicks into higher gear and gets entrenched, investors start getting adventurous. They start fishing for bigger opportunities for outsized return. Recent table-toppers are the obvious targets for most. A recent study by ICICIdirect.com shows that investors have been piling on schemes that have topped the charts in the past three years.
16.09 / 01:42
markets
Digital
security
Experts
RAI
rights
Loan against shares: How it works, eligibility, documents needed
loan against shares (LAS) is a way to access liquidity without selling valuable shares. This enables investors to leverage their equity portfolio to meet immediate financial needs, such as business expansion or personal expenses. How LAS works Under LAS, investors may pledge their shares as collateral to secure a loan. Banks and non-banking financial companies (NBFCs) offer this service, with the loan amount usually capped at 50% of the market value of the pledged shares. The borrower can continue to retain ownership of the shares, enjoy dividends and voting rights. However, the shares are held in a demat account, with a pledge marked in favour of the lender until the loan is repaid. The loan can be structured as a lump sum or an overdraft facility, giving flexibility to the borrower. Eligibility
15.09 / 23:10
markets
security
BABA
reports
Courts
rights
Production of 'new will' gives fresh twist to Kalyani family feud
Gaurishankar Kalyani, brother of Baba Kalyani, has filed an affidavit in the Pune Civil Court challenging the execution of his late mother Sulochana Kalyani's 2012 will. Gaurishankar produced a new will dated December 9, 2022, containing several serious accusations against Baba Kalyani. In the affidavit, the late Sulochana reportedly wrote Baba had taken control of most of the family's wealth, leaving her and her husband, Neelkanth Kalyani, with a small portion. «Between 1992 and 1994, Baba seized control of several companies, including Bharat Forge and Kalyani Steels, from my husband. After 1994, we were left with only a small share of the wealth my husband had built,» affidavit states. Gaurishankar's affidavit responds to affidavits filed by Madan Takale and Shrikrishna Adivarekar seeking probate of Sulochana's 2012 will. The case is set to be heard in Pune on October 9, 2024.
15.09 / 20:06
markets
Election
RAI
Schools
Courts
rights
Bangladeshi and Rohingya infiltrators grabbing tribal land in Jharkhand: PM Modi
With Assembly elections due later this year in Jharkhand where a coalition government of JMM, Congress and RJD is in place, Prime Minister Narendra Modi held a rally in Jamshedpur on Sunday in which he described the three-party alliance as the biggest enemies of the state. “There are three enemies of Jharkhand. The sooner the people of the state realise this and deal with them, the faster the state will grow. These three are JMM, RJD and Congress,” he said, adding that while RJD still blames Jharkhand for Bihar’s backwardness, Congress has ignored the rights of the state and tribals for decades, and JMM does not espouse the cause of tribals.
15.09 / 18:49
markets
UPS
CEO
Commerzbank
rights
Relationships
The suave Italian banker who wants to be the Jamie Dimon of Europe
Subscribe to enjoy similar stories. Andrea Orcel made his name helping banks choose the moment to pounce on a rival. Last week, the CEO of Italy’s deal-hungry UniCredit made his own move on Germany’s Commerzbank.
15.09 / 18:44
15.09 / 17:52
Digital
security
film
show
Courts
rights
Rising vigilance from producers to combat digital piracy and merchandise theft
Subscribe to enjoy similar stories. New Delhi: Filmmakers and content creators behind popular film and television shows are stepping up efforts to protect their intellectual property rights (IPR). These include unauthorised use of the title’s logo, dialogues and mannerisms of characters, and other critical elements.
15.09 / 17:46
MET
Trade
country
inclusion
rights
International
A high-level US delegation in Dhaka to foster economic growth with interim government
The American embassy in Dhaka says a high-level U_S_ delegation has met with the head of Bangladesh’s interim government, Nobel laureate Muhammad Yunus, to affirm “dedication to fostering inclusive economic growth."
15.09 / 17:24
markets
Football
awards
ESPN
rights
Colleges
Sporting
ESPN and other channels return to DirecTV with a new Disney deal after a nearly 2-week blackout
DirecTV on Saturday announced it had reached a deal with Walt Disney Co. that will restore ESPN and ABC-owned stations to its service after a nearly 2-week dispute that blacked out those networks for millions of viewers across the U.S. The end of the i...
15.09 / 16:56
Action
Boxing
film
Warner Bros
stars
Podcasts
rights
International
‘Beetlejuice Beetlejuice’ is No. 1 again; conservative doc ‘Am I Racist’ cracks box office top 5
Moviegoers are saying yes to more “Beetlejuice Beetlejuice.”
15.09 / 16:13
markets
Gemini
Corning
wellness
RAI
rights
Full Moon eclipse in September 2024: Zodiac-wise horoscope, astrology predictions
Full Moon in September 2024 is almost here and it will also be know as Corn Moon, Harvest Moon. There will be a partial eclipse as well. On full Moon day which is on September 17, Tuesday, Moon will rise at 10.34 pm (ET). Meanwhile, on the same day, partial eclipse will begin at 9.55 pm (ET) and is set to peak at 10.44 pm (ET). Aries
15.09 / 13:15
markets
Citi
Aviat
Airlines
rights
Interviews
Destinations
India is 'very important market'; looking at more frequencies, new destinations: Malaysia Airlines
Malaysia Airlines is keen to expand its operations into India, which is a «very important market», according to a top airline official. The airline, which currently flies to nine Indian cities, is eyeing new destinations as well as looking to increase frequencies to Trivandrum and Ahmedabad. Part of the Malaysia Aviation Group (MAG), Malaysia Airlines operates daily flights to Delhi, Mumbai, Bengaluru, Amritsar, Chennai, Hyderabad and Kochi. It also has four weekly services from Ahmedabad and Trivandrum.
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