Rights Financial News

As we reported last week, Goldman Sachs is not short of applicants to its vacancy for a London investment banking analyst. Last time we looked, over 1,000 people had applied.

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More than half of Americans say they are against college athletes unionizing, though younger respondents were more supportive than older, according to a new poll from The Associated Press-NORC Center for Public Affairs Research

By Mariko Katsumura and Rocky Swift

A report from FundsIndia — Wealth Conversations February 2024 — has an interesting insight: if you had invested in a basket of NIFTY 50 stocks on any day since June 30, 1999, and remained invested for a minimum of 7 years, it would have delivered more than 10% returns 83% of the time, as reflected by the NIFTY 50 TRI.

Texmaco, Railtel, IRFC, RITES, and IRCON jumped 9-10% each while PSU bank stocks — UCO Bank, Central Bank, Punjab & Sind Bank — also rallied 9-10% each. Some of the biggest gainers in the small and midcap space were BLS International, ITI, SJVN, and Swan Energy with upsides between 10-20% each. Adani stocks, which were among the worst affected in yesterday's sell-off, also rallied up to 9%.

Lok Sabha Elections 2024 around the corner, every Indian citizen must ensure their voice is heard through the ballot box. The first step towards exercising this fundamental right is to ensure your name is enlisted in the Election Commission's voter list. Here's a comprehensive guide on how you can add your name to the voter list and participate in shaping the future of our nation:

The shakeup of Walt Disney World’s governing district more than a year after it was taken over by Gov. Ron DeSantis’ appointees continues with the departure of its board chairman

Sanjay Shah, CMD, Prudent Corporate Advisory Services, says coming to the question about the impact of a switch on the trail or the remuneration which overall investors are getting, understand that there is no change as far as TR or expense ratio is concerned because otherwise also, the AMC used to pay trail to old advisors. Now, when the assets move to a new advisor, the new advisor will get the trail which is lower of two, the rate of the old advisor or new advisor. Help us understand AMFI's new circular on the switched AUM trail commissions. Will we see more competition in the distributor space? What is going to be the impact on the commissions expected? Sanjay Shah: It was a very long-standing demand of all the mutual fund distributors because if you look at it from the investor's perspective, an investor always has a right to choose his advisor/distributor and there could be many reasons for him to be looking for a change. It could be, let us say, the advisor's competency or let us say the advisor has been out of the profession or the investor himself has changed the location or there is a break in the relationship.

CAA. The remarks came after the Centre notified the rules for implementing the act. Speaking to ANI, Amit Shah said, “This is our sovereign right to ensure Indian citizenship in our country, we will never compromise on it and CAA will never be taken back.

IIFL Finance passed a resolution to raise ₹2,000 crore comprising a rights issue of ₹1,500 crore and non-convertible debentures of ₹500 crore, according to a statement issued by the company on Wednesday. The company said that it plans to raise ₹1,500 crore by way of fast track rights issue before the end of June 2024 while the NCDs will be raised by this month-end.

Telegraph Media Group. Stephen Parkinson, a media minister, announced in the upper-chamber House of Lords that the Conservative government would amend proposed legislation so that it "prevents foreign state ownership of newspapers". A government spokesperson added that the move would "deliver additional protections for a free press, a pillar of our democracy".

President Vladimir Putin on Thursday urged the nation to take part in the upcoming presidential election on March 15-17 saying that, ‘determination to go forward together’ The President said, as reported by the state news agency TASS reported, “We need to confirm our consolidation, our determination to go forward together. Each vote counts.

MUMBAI : Private sector lender Yes Bank Ltd is looking for a new promoter to sell up to 51% stake, and has hired Citigroup’s India unit to find a buyer, two people aware of the development said. The bank has also invited some Indian lenders, including some of its existing shareholders, to join as promoter. Yes Bank, India’s sixth largest private lender by assets, is seeking a valuation of $8-9 billion, which would be 20-25% above its current market capitalization of $7.2 billion, the people said on condition of anonymity.

Ohlone people and others are rejoicing over the return of sacred native land dating back thousands of years

“If they don’t start putting money back in people’s pockets instead of filling their pockets, guess what? They’re going to get annihilated, as I’ve said before, they’re done. They’re done like dinner,” Ford said at a housing announcement in Pickering, Ont. Wednesday.

Dollar Tree missed market expectations for holiday-quarter sales and profit on Wednesday and laid out plans to shutter 970 of its Family Dollar stores, as the retailer looks to revamp the struggling business.

Last week, 92 prominent senior executives, investment managers and individual investors signed an open letter to the federal and provincial ministers of finance expressing concern with “the decline in Canadian investments by pension funds and its impact on the Canadian economy.” Aggregate public and private Canadian equity investments are down to about a tenth of the total of more than $3 trillion in total pension assets.

Toronto-Dominion Bank chief executive Bharat Masrani took a pay cut last year over the lender’s scuttled acquisition of First Horizon Corp. and the United States probe it faces over anti-money-laundering controls.

Ever since photovoltaic cells started popping up on pocket calculators and building roofs a few decades ago, solar power has faced a key drawback: It’s a nice technology, but there’s simply not enough of it to make a difference. Right now, it’s facing the opposite difficulty. A tidal wave of investment in solar-power panels has swelled to the point that it threatens to overwhelm the global industry.

Kriti Singh Debbarma as the party candidate for Tripura East (ST) Lok Sabha seat. The BJP earlier nominated former Tripura Chief Minister Biplab Kumar Deb, who is currently the Rajya Sabha member, for the West Tripura Lok Sabha seat. The Central Election Committee (CEC) of BJP on Wednesday declared its second list of 72 candidates for the upcoming Lok Sabha elections and Debbarma, a former royal scion of Tripura and a social activist, is also one of the nominees. Debbarma is the elder sister of Tipra Motha Party (TMP) supremo and former royal scion Pradyot Bikram Manikya Deb Barman.