Rights Financial News

Tata Consumer Products Ltd on Monday said it has closed its rights issue of Rs 3,000 crore. The company had opened the issue on August 5, Tata Consumer Products Ltd (TCPL) said in a regulatory filing. The meeting of the capital raising committee of the board of the company held on July 23, 2024, approved the terms of the issuance of equity shares face value of Re 1 each by way of rights issue for an amount aggregating up to Rs 2,997.77 crore, it added.

Gujarat Police, undertook searches in multiple states on Monday as part of a money-laundering probe linked to alleged unauthorised streaming of ICC Men's T20 World Cup 2024 matches by a «betting» website. The federal agency said in a statement that 20 premises in Delhi-NCR, Bengaluru (Karnataka), Lucknow (Uttar Pradesh) and Coimbatore (Tamil Nadu) were covered by its officials and those from the Ahmedabad cyber police department in the case against the «magicwin» web portal. The Enforcement Directorate (ED) case, filed under provisions of the Prevention of Money Laundering Act (PMLA), stems from an Ahmedabad police FIR, which stated that a website — magicwin.games — had unauthorisedly hosted, streamed and broadcast matches during the world cup. The broadcast rights for the tournament were given to Star India Private Limited by the International Cricket Council (ICC), the ED said.

Joe Blake kicked off his first dating-app chat with Missy Gosbee by inquiring about her favorite “Star Wars" movie. “Episode V," she instantly told him. (Nonfan translation: “The Empire Strikes Back.") Soon they were spending her birthdays watching 13-hour “Star Wars" marathons, munching on “Star Wars"-themed food from her collection of “Star Wars"-themed cookbooks.

Lok Janshakti Party (LJP) President and Union Minister Chirag Paswan voiced concerns over the issue of lateral entry into government positions. Speaking to reporters, Paswan stated that his party opposes lateral entry in government appointments and that he intends to raise the matter with the government. «My party's stance on such appointments is absolutely clear. Wherever there are government appointments, the provisions of reservation must be followed. The way this information has come to light is also a matter of concern for me because I am part of this government and have the platform to address these issues. On behalf of my party, we are absolutely not in favor of this. It is completely wrong, and I will raise this matter before the government,» Paswan asserted.

Incoming Starbucks Corp chief executive officer 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 at all. Despite the coffee-chain giant being one of the world’s most iconic and powerful brands, Starbucks has a problem for any incoming CEO.

Aditya Arora, Adlytick, says the recovery in the Nifty Mid Cap space which is also in derivatives, the recovery is just about 50% of the fall. So, the recovery is not very strong and it is not broad-based because a lot of pockets are still down about 10% to 20%. One should just treat this as a retracement of the fall and should not be a blind bull at this point. What is your take on the benchmark indices and the levels that one should watch out for? Aditya Arora: The markets have recovered pretty smartly from those levels, but the recovery is pretty muted. If you look at Nifty Mid Cap space which is also in derivatives, the recovery is just about 50% of the fall. So, the recovery is not very strong and it is not broad-based because a lot of pockets are still down about 10% to 20%. One should just treat this as a retracement of the fall and should not be a blind bull at this point because we are not seeing fresh breakouts in many pockets.

₹10 lakh per year each, with both spending 30% on expenses. A invests 40% of the take-home salary and has 30% going towards loans. B invests 20% of the salary and has 50% of it going towards loan repayment.

Samajwadi Party (SP) chief Akhilesh Yadav launched a scathing attack on the Centre over lateral entry into government jobs and said that this is a «big conspiracy» against the country. The SP MP alleged that the lateral entry is a plan to snatch away the reservation and rights from PDA (Pichhde, Dalit, and Alpsankhyak). «The time has come to launch a nationwide movement against the conspiracy being hatched by the BJP to place its ideological allies in high government positions through the back door in UPSC. This method will close the doors for today's officers as well as for the youth to reach higher positions in the present and future. Common people will be limited to the positions of clerks and peons. In fact, the whole plan is to snatch away reservations and rights from PDA,» the SP chief posted on X.

About six years after Jammu and Kashmir last had a government, elections are set to restore the power to govern back to its people. On Friday, the Election Commission announced the poll schedule to be held in three phases from 18 September to 1 October.

Legendary investor Warren Buffett famously said, “Never rely on a single source of income." Diversifying income streams can be crucial, especially when a sector goes through a downcycle, providing something to fall back on.

Super Blue Moon is taking place on Monday night in the US. The extraterrestrial phenomenon will not happen in near future. The full moon, blue moon, supermoon will have impact on the horoscope. The week will offer perfect time set things in right manner, and bring back a sense of order and discipline. We have zodiac wise horoscope predictions for the week that begins on Monday, August 18.

One of the elements that plays a huge role in our sleeping routine is the kind of mattress we use. It is essential to choose the right type of mattress, made from the best quality materials that can provide maximum support and comfort to the body without sagging. Brands have been coming up with specialized orthopedic mattresses that cater to people with neck and spinal cord problems. If you have been looking for a mattress under 5,000, then do not forget to check out this article which features the best mattresses from leading brands.

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Chennai Super Kings (CSK) CEO Kasi Viswanathan has denied that the franchise requested the Board of Control for Cricket in India (BCCI) to retain MS Dhoni as an uncapped player for the next IPL season. This comes amid reports that BCCI might bring back a provision allowing franchises to retain retired international players as uncapped, a rule scrapped in 2021. Recent media reports suggested that CSK had approached BCCI during a recent meeting to treat former captain MS Dhoni as an uncapped player. However, Viswanathan refuted these claims in a conversation with the Times of India. «I’ve no idea about it. We’ve not requested it. They (the BCCI) have themselves told us that the ‘uncapped player rule’ may be kept, that’s all. They (the BCCI) haven’t announced anything as yet. The rules and regulations will be announced by the BCCI,» said Viswanathan.

BJP, former Jharkhand Chief Minister and Jharkhand Mukti Morcha leader Champai Soren said on Sunday that he felt a «blow to his self-respect» when he was asked to resign as Chief Minister of Jharkhand after the current CM, Hemant Soren, was released on bail. In a clear indication that Champai Soren could quit the JMM, he said on X, formerly Twitter, "...After so much insult and contempt, I was forced to look for an alternative path. With a heavy heart, I said in the meeting of the legislative party that a new chapter of my life is going to start from today." «I had three options in this. First, to retire from politics, second, to form my own separate organization and third, if I find a companion on this path, then to travel further with him. From that day till today, and till the upcoming Jharkhand Assembly elections, all options are open for me in this journey,» Soren added.

Abhishek Banerjee is on top of the world, as his recent film ‘Stree 2’ is shattering box-office records left, right, and centre. However, the actor-casting director’s career was on the precipice after he was unceremoniously fired from a lucrative project by Karan Johar’s production house, Dharma Productions. Banerjee was responsible for casting in films such as Vidya Balan’s ‘The Dirty Picture’ and Rani Mukerji’s ‘No One Killed Jessica’. However, he once believed his career was over after being dismissed by Karan Johar’s Dharma Productions from the project ‘Agneepath’, which starred Hrithik Roshan and Priyanka Chopra.

Prithviraj Chavan has demanded that the cut off time to register for the Maharashtra government's Mukhyamantri Majhi Ladki Bahin Yojana be waived off to enable all eligible women to avail financial assistance. The August 31 cut off date should be scrapped and the scheme should be implemented as a social security right, Chavan said in a letter to Chief Minister Eknath Shinde. Due to technical glitches, the server of the official portal is non functional most of the time, while in several instances women do not get the registration OTP for nearly six hours, he said. Women are worried they will not be able to register themselves for the scheme in time, Chavan said in the letter.

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.

economic recovery at risk. Since July, internet networks have been up to 40 percent slower than normal, according to one IT association, while documents, images and voice notes have been disrupted on WhatsApp, used by tens of millions of people. Digital rights experts believe the state is testing a firewall — a security system that monitors network traffic but can also be used to control online spaces.

prisoners of war whose fate moved crowds. He was serving time for assault in a prison in the Kherson region in southern Ukraine when Russian troops took control of the area in 2022. Ahead of the liberation of the territory by Ukrainian forces later that year, Russian forces moved him inside Russia — to Yulia's despair and to general indifference.

shooter Manu Bhaker's coach Jaspal Rana has slammed the national federation's «ever-changing» Olympic selection policy, saying that it has hurt some of the most promising talents in the past and will damage more youngsters if there is no consistency going forward. Rana, a pistol legend in his own right who won three Asiad gold medals in the 2006 edition, hardly minced words as he questioned the federation's tendency to make last-minute changes to its policy, and its stubborn refusal to acknowledge or facilitate the presence of shooters' personal coaches at national camps and trials. He made these observations during a visit to PTI headquarters with Bhaker, who won bronze medals in 10m air pistol and 10m air pistol mixed team (alongside Sarabjot Singh), for an interaction with its editors on Friday. «The (federation's) selection policy changes every six months. I met the sports minister and told him 'get the selection policy from the federation. Let them decide… whatever they decide, right or wrong, we are not discussing that, and then stick to it'.