Security Financial News
04.12 / 06:45
UPS
Provident
security
Align
wellness
Healthcare
Trade
Are you a former SmileDirectClub customer? You might be eligible for a refund
When SmileDirectClub shut down a year ago, scores of existing customers of the teeth-straightening company were left in limbo
04.12 / 06:45
markets
UPS
CEO
Platform
security
Courts
Founder of failed crypto lending platform Celsius Network pleads guilty to fraud charges
The founder and former CEO of the failed cryptocurrency lending platform Celsius Network has pleaded guilty to federal fraud charges, admitting that he misled customers about the business
04.12 / 06:45
UPS
security
Software
Trade
reports
International
China bans exports to US of gallium, germanium, antimony in response to chip sanctions
China has announced a ban on exports to the United States of gallium, germanium and other key high-tech materials with potential military applications
04.12 / 06:33
04.12 / 06:33
markets
Digital
security
Banner
Experts
PAM
INDIA bloc MPs hold protest in Parliament complex over Adani issue, demand JPC probe
INDIA bloc parties protested on the Parliament premises on Wednesday over the Adani indictment issue and called for a joint parliamentary probe into the matter. MPs of the Congress, AAP, RJD, Shiv Sena (UBT), DMK and the Left parties, among others, raised slogans in favour of their demand and held a banner reading «Modi-Adani are one» at Parliament's Makar Dwar. The TMC kept away from the opposition protest. Leader of Opposition in the Lok Sabha Rahul Gandhi was not part of the protest. He left for the violence-hit Sambhal district in Uttar Pradesh along with a Congress delegation in the morning. The Lok Sabha Secretariat on Tuesday issued an advisory urging the MPs not to hold protests in front of Parliament gates, saying that such obstruction of movement could affect their safety and security.
04.12 / 05:27
markets
Digital
security
Strategy
Cybercrime
Experts
reports
At least 20% cybercrimes involve dark web usage by attackers: report
«At least 20% of cybercrimes in India involve the usage of the dark web by online attackers,» the study conducted by Lisianthus Tech said. The attackers used the dark web for cybercrimes like data breaches, hacking, phishing, ransomware, identity theft, sale and purchase of banned products like narcotics and weapons.
04.12 / 04:59
markets
Digital
security
Sustainability
Trade
country
inclusion
Sustainability, inclusivity playing important role in global trade discussions: Official
sustainability, inclusivity and security are now playing an important role in global trade discussions and they would dictate the future talks, a senior official said on Tuesday. Additional Secretary in the Department of Commerce L Satya Srinivas also emphasised on the importance of adopting a holistic perspective on the commercial significance of free trade agreements (FTAs) for the country. «On the plate of trade, there are vast new dimensions getting added...How do we deal with those new dimensions...These new regulations and new focus areas of present will dictate our trajectory towards the future,» he said at CII's Partnership Summit here. Earlier in trade discussions, the main issues which used to figure included reduction or removal of customs duties and non-tariff barriers.
04.12 / 04:59
markets
Digital
security
trends
Experts
PAM
JioHotstar domain finally with Ambani's Viacom 18
jiohotstar.com, a domain of now merged groups Reliance Jio and Disney Hotstar, is finally with Viacom18 Media Pvt. Ltd., ending claims of ownership by a Delhi man and Dubai siblings. Sources from Viacom 18 confirmed the same to ET Online on Wednesday. WHOIS data, too, showed that the domain is owned by Mukesh Ambani-owned Viacom 18, registered on September 20, 2023, and is valid until September 20, 2026, with the last update recorded on December 2, 2024.
04.12 / 04:25
markets
UPS
Target
security
Strategy
Trade
reports
Buy Bajaj Finance, target price Rs 8,500: ICICI Securities
ICICI Securities has a buy call on Bajaj Finance with a target price of Rs 8500. The current market price of Bajaj Finance is Rs 6651.1. Bajaj Finance., incorporated in 1987, is a Large Cap company with a market cap of Rs 411672.79 crore, operating in NBFC sector. Bajaj Finance's key products/revenue segments include Interest, Fees & Commission Income, Other Operating Revenue, Income From Sale Of Share & Securities and Service Charges for the year ending 31-Mar-2024.
04.12 / 03:47
markets
Target
security
Analysis
Trade
Experts
reports
ICICI Securities has a Hold on RBL Bank, reduces target price Rs 160
hold call on RBL Bank with a target price of Rs 160. The current market price of RBL Bank is Rs 155.95. RBL Bank, incorporated in 1943, is a banking company (having a market cap of Rs 9477.41 Crore). RBL Bank's key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2024.
04.12 / 03:47
markets
UPS
security
Analysis
Bill
Trade
Experts
Bank stocks in focus as Lok Sabha passes Banking Laws (Amendment) Bill, 2024
Bank stocks are in the spotlight on Wednesday, December 4, after the Lok Sabha passed the Banking Laws (Amendment) Bill, 2024 on Tuesday during Parliament's winter session, introducing significant changes to banking regulations. «Banks are being professionally run today. The metrics are healthy so they can go to the market and raise bonds, raise loans & run their business accordingly,» said Finance Minister Nirmala Sitharaman in her address at the Lower House of the Parliament.
04.12 / 03:01
markets
UPS
Gap
security
Strategy
exclusive
Pharmaceuticals
Natco Pharma’s high-stakes game of risk and reward. Will it pay off?
Subscribe to enjoy similar stories. Natco Pharma Ltd isn’t your run-of-the-mill pharmaceutical company. It’s a story of calculated risks, high-stakes bets, and a fair bit of drama.
04.12 / 02:53
markets
security
Research
wellness
Trade
recommendations
rights
Cement sector may outperform; what to sell, add and hold: Girija Shankar Ray
Girija Shankar Ray, Vice President Equity Research, Yes Securities, says among top picks within the cement sector, ACC can be recommended. The second one is Shree Cement. These two companies are going to do well, even though there is trouble in the industry right now. A lot of cost initiative programmes are going to happen. But for UltraTech and Ambuja, valuations are higher and for Ambuja, whatever acquisitions they have done, it is going to ultimately benefit ACC. So, ACC is his top pick. Ambuja will have a sell rating, as will UltraTech because it has very high valuations. One can add Birla Corp, Dalmia in their portfolio. There are reports doing rounds that there has been a price hike of almost Rs 10 to Rs 30 taken in December so far. What are your channel checks suggesting? Is that something that you are picking up as well? Girija Shankar Ray: So, yes, in November, a price hike was what the Street and the dealers and distributors were expecting for cement, but there was no price hike. In fact, in October and November, on a month-on-month basis, the prices are flattish. The prices are five years below the line right now. And the major impact was in southern regions. In the north and eastern regions, prices are more or less stable. In the other three regions, the prices have actually declined. There was a sharp correction. I believe the prices have bottomed out.
04.12 / 02:47
markets
Digital
Cooper
Progressive
security
Experts
Diversity
India, UK convene second 2+2 Foreign and Defence Dialogue in New Delhi
The Indian delegation was led by Piyush Srivastava, Joint Secretary, Europe West, Ministry of External Affairs, and Vishwesh Negi, Joint Secretary, International Cooperation, Ministry of Defence, according to the Ministry of External Affairs press release. Representing the UK were Ben Mellor, India Director, Indian Ocean Directorate, Foreign, Commonwealth & Development Office, and Shimon Fhima, Director Strategic Programmes, Ministry of Defence.
04.12 / 01:27
markets
security
Analysis
wellness
Monarchy
show
performer
Nifty’s next move: What Reliance and HDFC Bank are signalling
Subscribe to enjoy similar stories. Over the past month, we have witnessed a significant correction in Nifty50, marking the first double-digit correction in the last four years. During this period, many mid- and small-cap stocks have seen sharp declines of over 50%, which, although common during corrections, is concerning when it affects frontline stocks.
04.12 / 00:29
markets
security
Analysis
Trade
Experts
Justice
Department
Adani companies on a stronger footing: Bernstein
Adani Group, currently facing impropriety allegations involving one entity of its diversified business empire, is now on a stronger footing than when the to-date unproven charges by US short-seller Hindenburg dramatically shrank the conglomerate's market value early 2023, global brokerage Bernstein said, citing both operating and financing metrics. The brokerage referred to a lower quantum of pledged shares, stronger debt coverage ability, and better relative valuations for some of the companies to justify its current assessment of the group, after billionaire founder Gautam Adani and his nephew Sagar Adani were indicted late November on alleged impropriety charges by the US Department of Justice.
03.12 / 23:37
markets
UPS
FIVE
Platform
security
information
E-auction of sick business assets on dedicated platform may become compulsory
Subscribe to enjoy similar stories. New Delhi: Auction of assets like land, buildings, plant and machinery belonging to businesses getting liquidated is likely to see a wider public participation, with the Insolvency and Bankruptcy Board of India (IBBI) planning to make these transactions more mainstream.
03.12 / 21:53
03.12 / 19:53
UPS
security
Continental
President
War
country
Biden says the US is 'all in' on Africa during his Angola visit meant to counter China
President Joe Biden on Tuesday toured a slavery museum in Angola and inspected shackles and a whip, and he spoke of “our nation’s original sin."
03.12 / 17:45
BLOCK
Platform
security
community
President
reports
recommendations
Trump vows to block Japanese steelmaker from buying US Steel, pledges tax incentives and tariffs
President-elect Donald Trump is underscoring his intention to block the purchase of U.S. Steel by Japanese steelmaker Nippon Steel Corp., and he’s pledging to use tax incentives and tariffs to strengthen the iconic American steelmaker
03.12 / 17:23
markets
Digital
Platform
security
Trade
Bitcoin
information
Former B.C. resident fined $18.4 million for using clients' crypto funds to gamble
A former B.C. resident has been fined $18.4 million for diverting millions of customer deposits for his cryptocurrency trading platform to gambling.
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