Rights Financial News
09.01 / 12:46
Citi
security
Research
country
donates
rights
International
Portugal's revamped golden visa scheme to boost investment funds
Portugal is no longer a route to a "golden visa" giving residency rights but foreigners who want to secure one can still put their money into investment funds, which now anticipate a boom in inflows. The Portuguese government has tightened the rules after initially saying in February 2023 that it would scrap the golden visa scheme, which has been blamed for exacerbating a housing crisis. It had already sought to redirect property investments from big cities to depopulated areas. The scheme, which offers wealthy non-EU nationals who invest in Portugal the right to live in the country, has attracted 7.3 billion euros ($8 billion) of funds since its 2012 launch. Most participants are from China, Brazil and the United States. Around 90% of that money went into real estate, sparking complaints it was driving up house prices in one of western Europe's poorest nations. The European Commission has meanwhile called for an end to such programmes, citing security risks.
09.01 / 12:45
09.01 / 01:41
markets
UPS
IPO
Trade
information
rights
2024
Rights issue 2024: Genpharmasec shares to trade ex-rights today
Genpharmasec rights issue 2024: Shares of Genpharmasec Ltd (formerly known as Generic Pharmasec Ltd) will be in focus when the stock market opens on Tuesday (January 09). The Board of Directors of Genpharmasec Ltd has declared a Rights Issue of equity shares. The record date for the same has been fixed on January 09.
08.01 / 21:49
08.01 / 21:43
UPS
Provident
CEO
Bitcoin
reports
rights
Updates
Core Scientific Closes $55 Million Equity Offering for Bitcoin Mining Operations
Bitcoin mining company Core Scientific has disclosed the outcomes of its $55 million Equity Rights Offering (ERO). The ERO, created to raise funds, experienced oversubscription, with total subscriptions surpassing the $55 million cap.
08.01 / 21:41
BLOCK
Coca-Cola
Aware
PepsiCo
country
exclusive
rights
Campa joins BCCI as central sponsor: Sources
Reliance Consumer Products-owned soft drink brand Campa will be one of the official central sponsors of all the Board of Control for Cricket in India (BCCI) series played in the country starting this year. The brand has signed a multi-year deal with the BCCI, a development that blocks out rivals Coca-Cola and PepsiCo for BCCI matches played in India, executives directly aware of the developments said. According to one of the executives, the deal will get Campa exclusive on-stadium presence, pouring rights and beverage partnership of all cricket matches played in the country within the tenure. This will be Campa's first big cricket sponsorship since the brand was relaunched by Reliance over a year back, and comes ahead of the summer season, which is expected to see a pitch battle between cola makers this year, after a rain-washed last summer season. The Campa deal with the BCCI will cover all cricket played in India and will also include the under-19 series and women's series, one of the executives said. The financials of the sponsorship could not be ascertained. A formal announcement by the BCCI is expected in the coming days. «Any such exclusive cricket sponsorship is a significant benefit for brands, given the reach and following cricket has in India.
08.01 / 20:47
markets
UPS
Strategy
Analysis
Align
trends
rights
Some lessons in investment from the golf course
The birdie game plan: Much like strategizing for a birdie (using one stroke less than the declared par of the course), successful investment planning requires a clear, long-term vision. In golf, you wouldn’t aim for the flag without considering the wind direction, the lie of the land, or the hazards that lie in between. Similarly, when crafting an investment strategy, it’s essential to assess your long-term goals, risk tolerance, and the economic landscape.
08.01 / 20:44
markets
Provident
ETF
Merit
Trade
performer
rights
When is the right time to start investing?
—Name withheld on request There is no better time to start investing. It is very difficult to time the markets and although the markets are due for a correction, it would not be wise to wait further. Also, when it comes to SIPs, there is not much merit in timing the markets.
08.01 / 20:36
UPS
Provident
Digital
Manufacturing
Bill
Department
rights
How small businesses can benefit from GST composition scheme
₹20 lakh and that of a goods manufacturer or vendor exceeds ₹40 lakh. A services business is one where nothing tangible is sold. In goods business (read as goods manufacturers and vendors), a tangible good is sold permanently.
08.01 / 20:15
08.01 / 20:14
FIVE
security
Election
AeroVironment
rights
Relationships
peace
us sanctions
China sanctions 5 US defense companies in response to US sanctions and arms sales to Taiwan
The move comes in response to U.S. arms sales to Taiwan and sanctions on China.
08.01 / 20:09
Waters
wellness
Pride
country
rights
Destinations
The Male gaze: Care for a quick Maldive?
Indians who have never wanted to go to the Maldives on vacation now don't want to go vacationing to the Maldives. Which makes boycotting the Maldives as a holiday destination a wee bit easier.
08.01 / 20:01
Align
rights
Mumbai
NCLT approves amalgamation, arrangement between JP Infra (Mumbai) entities
NCLT) has approved the scheme of amalgamation and arrangement between Mumbai-based realty firm JP Infra (Mumbai) and its affiliated entities Four D Estates, Four D Buildspace and JP Infra Realty. Of these entities, Four D Estates, through its wholly-owned subsidiary JP Infra (Mumbai), is engaged in the business of redevelopment projects whereas JP Infra Realty is operating in the construction of projects in greenfield undertaking with acquisition of land and construction of housing projects thereon. Demerger of the greenfield project undertaking from JP Infra (Mumbai) into Four D Estates is expected to enable carving out of a sole greenfield project undertaking from JP Infra (Mumbai).
08.01 / 19:59
markets
Digital
Apple
Software
Meta Platforms
audience
rights
Videos
Apple Vision Pro headset launches next month in push to expand mixed-reality market
Apple’s high-priced headset for toggling between the real and digital world will be available in its stores beginning Feb. 2, launching the trendsetting company’s push to broaden the appeal of what so far has been a niche technology
08.01 / 19:57
UPS
FIVE
Airlines
rights
Traffic
Interviews
Investigations
week
Flights resume on repaired Tokyo runway a week after fatal collision
Flights have resumed on a repaired runway at Tokyo’s Haneda airport a week after a collision between a Japan Airlines plane and a coast guard aircraft
08.01 / 19:55
FIVE
BLOCK
track
electronic
Department
Courts
rights
Lobster fishers sue to block monitoring laws designed to help save a rare whale
A group of lobster fishermen has sued fishing regulators, claiming that new electronic monitoring requirements designed to protect rare whales are unconstitutional
08.01 / 16:21
Digital
CEO
Apple
Remark
Photos
rights
Videos
Apple Vision Pro to be available in United States from 2 Feb: CEO Tim Cook says ‘works like your mind’
Apple Vision Pro, Tim Cook emphasized its utility for spatial computing. “The era of spatial computing has arrived! Apple Vision Pro is available in the US on February 2," the Apple CEO said. The website of the company said that the Apple Vision Pro can be “pre-ordered starting Jan.
08.01 / 13:55
FIVE
Software
Justice
consequences
shock
rights
Scandals
Post Office scandal: Rishi Sunak pledges to 'make it right'
Fujitsu software between 1999 and 2015. Rishi Sunak, the prime minister, indicated that Justice Secretary Alex Chalk might consider stripping the Post Office of its prosecution powers after more than 700 branch managers received unjust criminal convictions. A national outcry over the scandal has intensified, with over 700 branch managers facing legal consequences for apparent financial discrepancies caused by the defective software. The ITV drama, «Mr Bates vs the Post Office,» has further fueled demands for government intervention.
08.01 / 13:43
MET
Booking
Williams
reports
rights
Relationships
Meghan Markle’s memoir likely to put spotlight on Royal family members: Report
The Mirror. However, her memoir is unlikely to be released this year. “I am sure that is still the plan and it will form part of their deal with Penguin, but timing is everything and 2024 wouldn’t be the right time for its release," Lynn Carratt from Press Box PR told The Mirror.
08.01 / 13:41
UPS
FIVE
Fighting
Death
rights
India vs Afghanistan T20 series: Five key things to look forward to
Rohit Sharma and Virat Kohli have been picked for the home series against Afghanistan beginning on January 11, it is a given that the famed duo will be a part of India's squad for the ICC showpiece in the US and Caribbean in June. Virat Kohli and Rohit Sharma will mark their return after playing their last T20I more than a year ago. With the T20 World Cup approaching, their return will bolster India's attempt to fight the right combination for the mega tournament.
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