Rights Financial News

Cameron Brandt, EPFR Global, The issue for India, certainly from a fund perspective, has been that the global emerging markets funds, the big diversified funds, even as they have raised their average allocation to India to a new record high, have not been attracting much money, if at all. So that source of flows has really dried up or even gone into reverse for much of the past five, six months. The India dedicated funds on the other hand, never left.

What is the typical approval timeline for a personal loan? This question lacks a specific answer as it varies among different lenders. 

State Bank of India has not provided information on electoral bonds encashed by political parties as of March 6, missing the Supreme Court's deadline, PTI reported. The bank had on March 4 requested an extension until June 30 to disclose details, but the plea has not yet been scheduled for a hearing by the apex court. In its plea, SBI argued that retrieving information from various sources and matching data between silos would be time-consuming.

By Gilles Guillaume

By Adriana Barrera and Cassandra Garrison

By Daniel Trotta

There’s change afoot at employee-owned independent Mesirow as the financial services company names a new leader. Mesirow announced that it has promoted Brian D. Price to CEO of its wealth management division.

Dividend stocks: Shares of Sanofi India Ltd, Panchsheel Organics Ltd, Manorama Industries Ltd, Sunshine Capital Ltd, Sawaca Business Machines Ltd, and Shervani Industrial Syndicate Ltd will be in focus when the stock market opens on March 7 (Thursday). The Board of Directors of these companies have declared interim dividend, stock split, rights issue, bonus issue, and buy back of shares for their eligible shareholders. The record date by the 6 companies to ascertain the eligibility of shareholders for their respective issues have been fixed on March 7.

Amid a crawfish shortage in Louisiana, Gov. Jeff Landry has issued a disaster declaration for the impacted industry

A newspaper in Idaho is reporting that workers had expressed concerned about bending or bowed beams and other structural issues before a steel airport hangar under construction collapsed in January, killing 3 people

Quiver Quantitative — Hedge fund managers, having wagered billions on Chevron (NYSE:CVX) acquisition of Hess (NYSE:HES), are steadfast in their bets despite potential complications arising from Exxon Mobil 's (NYSE:XOM) claim over Hess’s stakes in a Guyana oil project. This claim poses a new obstacle to Chevron's $53 billion acquisition, touted as the crown jewel for its strategic expansion. Exxon’s assertion of its preemptive purchasing rights over Hess’s share in the lucrative offshore development follows escalating geopolitical tensions between Guyana and Venezuela, adding layers of complexity to the already intricate acquisition process.

When he was wheezing in Chennai, Ravichandran Ashwin’s mother had him give up the long run and bowl slow. Now, 507 Test wickets later, it’s safe to say mother knows best. And when he addressed the media before his landmark game in Dharamsala, Ashwin made the familiar if unusual gesture, acknowledging the sacrifices his family had made in allowing him to ply his trade as an India cricketer.

ALSO READ: International Women's Day 2024: 5 key reasons why young women opt for digital financial products The United Nations has decided this year's theme as ‘Invest in Women: Accelerate Progress’ is aimed at tackling economic disempowerment. While the campaign theme for the same year is 'Inspire Inclusion.' Though this campaign, the importance of diversity and empowerment in all aspects of society is emphasized.

MediaTek is now turning its focus to the fast-growing premium segment with its latest breed of 5G chipsets, having attained a dominant 50% market share, outpacing rival Qualcomm in the highly competitive India smartphone market, company executives and market trackers said. The chipmaker is now working with every Android phone brand with the exception of Google, with over 15 design wins in the first quarter of 2024 itself, far outpacing that of rival Qualcomm, carrying on the momentum from 2023. "Samsung and Nothing were the only two brands left who were not using MediaTek chipsets. With the recent launches this week, those gaps in the portfolio have also been plugged," said Anku Jain, managing director, MediaTek India.

CHARLESTON, South Carolina (Reuters) — For much of her 2024 presidential campaign, Nikki Haley spoke fondly of serving under former President Donald Trump for two years as U.S. ambassador to the United Nations. 

ExxonMobil CEO Darren Woods, in a Fortune interview last week, said, 'We have opportunities to make fuels with lower carbon in it, but people aren't willing to spend the money to do that.' Ergo, the public is to blame for still showing little intention of moving away from gobbling petro dishes. This is much like blaming people, not the easy availability of guns in the US, for gun crime — 'If they moved to knives, America would indeed have had gun control.' Or, as a climate economist put it, 'It's like a drug lord blaming everyone but himself for drug problems.' But let's take Woods' claim seriously for a minute.

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The Middle East franchisee of Starbucks has begun firing some 2,000 staff at its coffee shops across the region after the brand found itself targeted by activists during the ongoing Israel-Hamas war in the Gaza Strip

Ever kicked yourself for missing out on a stock's wild surge? We've all been there. But with our AI buddy, ProPicks, missing out becomes a thing of the past.

It’s the latest musical mashup: Top 40 hits meet financial engineering. A startup is offering securities backed by the royalty streams from songs recorded by such artists as Beyoncé, Taylor Swift and the pop-rock band OneRepublic. Its goal is to bring music investing to the masses.