Rights Financial News

LPL has deepened its high-net-worth advisory bench with a pair of breakaway advisors from Merrill Lynch.

Modern Wealth is celebrating its first anniversary with an additional $570 million in assets as it scoops up two firms in the east.

Sobha Group, plans to increase its equity capital to Rs 10,000 crore over five years to support growth, including expansion into new markets, with an initial target of Rs 2,000 crore through a rights issue this fiscal year, said as disclosed by a senior company official. After the Rs 2,000 crore rights issue, the company’s equity base will increase to Rs 4,500 crore.

Recognising the need for quick and steadfast claims support, Policybazaar has launched its Claim Assurance Program to fast-track motor insurance claims. With a strong presence across 1000+ PIN codes, Policybazaar is targeting metro cities as well as tier 2 & 3 regions.

Buying a house is a significant milestone in one’s life. The decision to buy a house is influenced by various factors, including cultural expectations, financial readiness, and personal circumstances. Earlier people used to buy their dream homes in India in their late 40s or 50s. However, with the evolving economic landscape, urbanisation, and changing lifestyle, the age at which people choose to buy their homes is shifting.

Ratan Tata-backed fintech platform Upstox has announced its foray into the insurance distribution business. HDFC Life is among the first insurers to partner with Upstox and feature its term insurance plans on the latter’s platform.

Mutual fund SIP is the best way to build wealth over the years and make a big corpus with a compounding impact.

A Senate inquiry has found BMW, Jaguar Land Rover and Volkswagen have bought parts made by a Chinese company sanctioned under a 2021 law for using forced labor

The chairman of the Federal Deposit Insurance Corporation will step down from his post once a successor is appointed

Narendra Modi on Tuesday launched a fresh attack on the Congress, accusing its top leaders, including first PM Jawaharlal Nehru, of having «opposed» reservations for deprived castes. «Had it not been for Baba Saheb Ambedkar, Nehru would have never agreed to quotas for SCs, STs and OBCs. Nehru had made his views clear on the issue in letters he wrote to the then chief ministers in the country», claimed Modi at a rally in Purbi Champaran Lok Sabha constituency in Bihar. «This has been the Congress' trait under successive prime ministers. Be it, Indira Gandhi or Rajiv Gandhi, they all opposed reservations. SCs, STs and OBCs have never got respect from the Congress», the PM added. Modi made the allegation while lashing out at the opposition for spreading a «falsehood» that the BJP, upon return to power with a brute majority, could scrap quotas by changing the Constitution.

—Name withheld on request. As a Hindu father with two daughters and a son, the Hindu Succession (Amendment) Act of 2005 ensures that your daughters have equal rights to your property as your son. This amendment abolished gender discrimination in inheritance laws, making daughters coparceners in joint Hindu family property. To ensure an equal and fair distribution of your assets, you can create a will clearly stating your intentions.

"I have not spoken a word against minorities. I am speaking against the vote bank politics of the Congress. I am speaking about the Congress working against the Constitution," PM Modi said.

learning about the stock market is both free and can be done quickly through a reel or a tweet. Consequently, spending two hours learning the basics of the stock market might appear outdated. But just go back to the start of this month, when every segment of the stock market was falling. The fact is that the first indications of what happened in May had come much before the meltdown. Right from the breakdown of stock prices below their medium trendline to the sentiment indicators clearly indicating that bulls are losing steam.

cricket and investing? There’s a lot that investors can learn from it. You see, there are parallels between crafting investment portfolios and selecting cricket teams. Both advocate for a mix of specialists, all-rounders, and X-factor options to navigate market dynamics and outperform the competition.

NEW DELHI : Navigating the legal landscape of succession rights in India can be particularly challenging for non-resident Indians (NRIs) married to foreign nationals. Questions about the financial rights of offspring and spouses of NRIs whose marriages aren't solemnized in India often arise, creating a maze of legal intricacies. While the short answer is that there are no immediate issues, the longer answer uncovers several legal nuances.

public life for indulging in Hindu-Muslim rhetoric everyday and «fostering hatred» in society, Congress president Mallikarjun Kharge has said. In an interview to PTI, Kharge alleged PM Modi's intentions are not clean as he is giving daily "hate speeches" with Hindu-Muslim rhetoric during the poll campaign. Noting that the PM talks about «taking away buffaloes» and «giving 15 percent budget to Muslims», Kharge said, «By saying such things, he is himself creating division in society». «On the other hand he claims that he has no right to be in public life if he talks Hindu-Muslim. As you talk such things everyday, you should quit public life,» the Congress president said.

Supreme Court on Tuesday adjourned the hearing of former Jharkhand Chief Minister Hemant Soren's bail plea, refusing to grant bail. A bench of Justices Sanjiv Khanna and Dipankar Datta said it will hear the plea on May 22 after hearing the case for an hour. Senior advocate Kapil Sibal, representing Soren cited the case of Delhi chief minister Arvind Kejriwal and asked the court to release the JMM leader him to campaign for the Lok Sabha elections. The Enforcement Directorate (ED) had opposed Soren’s bail plea on May 20. In its affidavit, the ED argued that evidence establishes Soren's involvement in the illegal acquisition and possession of properties. The ED argued that campaigning for election was neither a fundamental, constitutional, nor a legal right.

Animal healthcare solutions firm Ajooni Biotech on Tuesday opened its rights issue with an aim to raise Rs 43.81 crore from existing shareholders. Ajooni Biotech will offer 8,76,13,721 fully paid-up equity shares of the face value of Rs 2 each at a price of Rs 5 per equity share aggregating to Rs 43.81 crore, the company said in a statement. The issue will close on May 31.

Amal Clooney helped the International Criminal Court weigh evidence that led to the decision to seek arrest warrants for top Israeli and Hamas leaders, the human rights lawyer said Monday. The high-profile British-Lebanese barrister posted a statement on the website of the Clooney Foundation for Justice, which she founded with her husband, American actor George Clooney.

people with disabilities is a critical step towards democratising the arts and challenging power relations within museums. When Akhileshwari*, a person with visual impairment, visited a museum in Bangalore with her visually impaired friends, the authorities told them, «this museum is not accessible for people like you». Munir*, a wheelchair user in his 20s, had a similar experience: «I went to a museum in Bangalore with my friends. Many parts of it were accessible and I could reach it with (their) help. But parts of the museum were not accessible for me. My friends and I decided I would stay behind while they went ahead… I felt very upset.»

AAP Rajya Sabha MP Swati Maliwal, who has charged assault allegations against Delhi Chief Minister's aide Bibhav Kumar lashed out at Delhi ministers and AAP leaders for «spreading lies» about "corruption FIR" against her and threatened to file a lawsuit against them. In a post on X, Swati Maliwal claimed that her status in the party changed from «Lady Singham» to "BJP agent" right after she filed a complaint against now-arrested Kumar. «According to them, I was 'Lady Singham' until I filed a complaint against Bibhav Kumar and today I have become a BJP agent? „I will take you to court for every lie you spread!“ Maliwal said in a post on Monday.