Security Financial News
22.11 / 13:21
markets
Blockchain
security
Strategy
Analysis
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reports
84% of Indian stockbrokers to increase tech spending on AI, algo trading: Report
The report, which showed 43% of the brokers' willingness to increase tech budgets by 20%, was from the StockTech Survey 2024-25 by Association of National Exchanges Members of India Western Region (ANMI WIRC).
22.11 / 13:05
UPS
FIVE
security
Justice
reports
Courts
International
Mint Explainer: The Adani bribery charges and the US legal process
Subscribe to enjoy similar stories. Indian billionaire Gautam Adani and some associates are facing serious allegations of fraud brought by the US attorney’s office in New York. According to prosecutors, the Adani group orchestrated a yearslong scheme involving the payment of $250 million in bribes to Indian government officials to secure favourable terms for solar power contracts awarded to Adani Green Energy Ltd and Azure Power Global Ltd, a New Delhi-based firm that was previously listed on the New York Stock Exchange.
22.11 / 11:55
Provident
security
Remark
Election
War
reports
Kim Jong Un’s message to Trump: We’re not interested
Subscribe to enjoy similar stories. SEOUL—North Korean leader Kim Jong Un appeared to rebuff the prospect of reviving his nuclear diplomacy with President-elect Donald Trump, according to his first public remarks about disarmament talks since the election. North Korea’s state media reported Friday that the 40-year-old dictator called the U.S.
22.11 / 11:25
markets
UPS
Gap
security
Election
trends
Rental home investors poised to benefit as mortgage rates, high home prices sideline buyers in 2025
Elevated mortgage rates, rising home prices and other U.S. housing market trends that have kept many would-be homebuyers on the sidelines are likely to remain hurdles next year, driving solid demand for single-family rental houses, analysts say
22.11 / 10:11
markets
security
Strategy
Experts
PAM
reports
Investigations
AAP's Sanjay Singh calls PM Modi "Adani's Prime Minister," blames him for stock market losses
AAP MP Sanjay Singh on Friday accused Prime Minister Narendra Modi of favouring Gautam Adand alleged that he was responsible for major losses in the stock market. «The entire nation is in turmoil today. Nearly Rs 5.5 lakh crore of people's wealth has been wiped out in the stock market because of the fraud committed by Prime Minister Modi's friend, Adani,» Singh said. He recalled the Hindenburg report incident, stating that a similar crash had occurred then, but the Prime Minister remained silent. «Modi, who comments on minor thefts like a buffalo or mangalsutra being stolen, is quiet when lakhs of crores of public money disappear,» he added.
22.11 / 10:11
22.11 / 09:35
markets
security
Election
Experts
International
Maharashtra Election 2024: Who will be the next CM? Cracks emerge in Mahayuti and MVA over CM post
Maha Vikas Aghadi (MVA) alliances regarding leadership.
22.11 / 08:49
markets
Blockchain
Platform
security
community
Experts
New cryptos to watch this week as Bitcoin price eyes strong 2025
Emerging and established altcoins have also caught their attention. New cryptos, in particular, are a favourite among strategic investors because of their large growth potential. They are capable of multifold surges, unlike high-cap cryptos. For example, BTC has gained just above 100% in a year. Dogwifhat––a brand-new meme coin in early 2024––has recorded more than 1000% returns in less than a year.
22.11 / 08:49
markets
UPS
security
Election
Experts
How Maharashtra's smaller parties could prove to be game-changers in the power battle for state assembly
Maharashtra Assembly election, held on November 20, is shaping up to be a highly competitive contest, with the state’s two major alliances—the BJP-led Mahayuti coalition and the Congress-led Maha Vikas Aghadi (MVA)—dominantly vying for power. However, smaller parties could play a crucial role in influencing the results, potentially altering the political landscape and emerging as key players in the formation of the next government in Maharashtra. Notably, the Maharashtra Navnirman Sena (MNS), led by Raj Thackeray, the Vanchit Bahujan Aaghadi (VBA), headed by Prakash Ambedkar, and Asaduddin Owaisi’s All India Majlis-e-Ittehadul Muslimeen (AIMIM) could become significant forces in the state.
22.11 / 08:25
markets
Ethereum
Digital
security
community
PAM
social
Top three altcoins you might regret not adding to your crypto portfolio by 2025
Bitcoin, Ethereum, and Solana are go-to cryptos. However, that’s not where multifold gains are made; not at this point. Their large market caps limit their growth potential. New cryptos backed by substantial projects have a history of stealing the spotlight in bull markets. Which altcoins will take off in early 2025? Here are three top picks, based on presale activity.
22.11 / 08:23
markets
UPS
Booking
Manufacturing
security
Trade
reports
Supply delay drags Hindustan Aeronautics's near-term growth prospects
Subscribe to enjoy similar stories. Investors in the Hindustan Aeronautics Ltd (HAL) stock are jittery. Shares of the public sector aerospace and defence company have declined nearly 30% from their 52-week high of ₹5,674 apiece seen on 9 July and are currently trading at ₹4,075.
22.11 / 07:29
markets
Digital
Manufacturing
security
awards
Trade
Experts
Solar Energy Corp: The rise of SECI in India and Adani bribery bombshell
Solar Energy Corporation of India (SECI), a relatively low-profile yet pivotal miniratna PSU, has emerged as a key player in India’s renewable energy sector over the past decade. From its modest beginnings in 2014-15 with an awarded generation capacity of 0.75 gigawatts (750 MW), SECI now oversees a massive 65.3 GW of awarded capacity, according to its official data. Out of this, more than 60%—over 40 GW—is solar energy, a sector where India has seen significant growth. The remaining capacity includes 16.3 GW of wind energy and about 9 GW of hybrid energy projects. The organisation has not only facilitated renewable energy growth through competitive bidding and long-term power agreements but also developed its own projects and partnered with state utilities. Also Read:SECI link to Adani bribe, fraud probe: What put India's solar power nodal agency in the dock?
22.11 / 05:29
markets
UPS
security
Strategy
Analysis
Research
Trade
Rupee trades in narrow range against US dollar in early trade
foreign portfolio outflows. The US dollar strengthened in the overseas market and Brent oil continued to move up as fighting between Ukraine and Russia continued to gain investors' attention. Moreover, foreign institutional investors have continued their equities selling mode and kept the dollar well bid.
22.11 / 05:29
markets
Digital
Progressive
Career
security
Diversity
inclusion
Cybersecurity roles are rising but women participating is low
cybersecurity professionals. However, the talent pool doesn’t seem that diverse in this sector. It is important to understand what kind of roles are in demand for women, the skills they must acquire and the challenges they face when trying to build a career in cybersecurity. Women continue to be significantly underrepresented in the cybersecurity sector, holding only 20-25% of roles at present, says Bhavesh Goswami, Founder and CEO of CloudThat. While this number is projected to reach 30% by 2025, he says achieving true gender parity is still a distant goal; and it’s likely that we’ll reach a 50% representation only by 2030. Pankit Desai, CEO & Co-Founder at Sequretek, says the representation of women in cybersecurity has seen significant growth from the single digits seen a few years ago, reflecting the industry's gradual progress toward greater diversity. About 23-24% of Sequretek’s workforce is made up of women. However, he says the challenge is in leadership roles, where female representation continues to stay in the single digits, indicating the need to foster a truly inclusive environment in cybersecurity.
22.11 / 03:59
markets
Target
security
Analysis
Trade
Experts
reports
Add Sobha, target price Rs 1,628: ICICI Securities
add call on Sobha with a target price of Rs 1628. The current market price of Sobha is Rs 1511.25. Sobha, incorporated in 1995, is a Mid Cap company with a market cap of Rs 16161.79 crore, operating in the Real Estate sector. Sobha's key products/revenue segments include Income from Sale of Commercial Flats, Shops & Plots, Sale of services, Income From Glazing, Income From Interiors, Concrete Blocks, Rental Income, Other Operating Revenue, Scrap for the year ending 31-Mar-2024.
22.11 / 03:59
markets
Google
security
Election
President
PAM
Mahayuti will secure 180 seats: Pune NCP chief confident of alliance victory ahead of counting day
Pune NCP president Deepak Mankar reacted to the exit poll predictions for the state and exuded confidence in the BJP-led Mahayuti's victory saying, that the alliance will secure 180 seats and sweep all the 8 seats in Pune district. Speaking to about the exit polls, Mankar said, «The whole atmosphere stands in support of the Mahayuti in Maharashtra. We work on the ground level and that is why we know that the public supports the work that we do. It will be disclosed in these elections. I think Mahayuti will get 180 seats here. Our candidates have done good work in their constituencies. In Pune also, Mahayuti will win all the 8 seats.» Meanwhile, Pune Collector Suhas Diwase also spoke to ANI ahead of counting day and said, that the administration is fully prepared and that the necessary barricading has been completed at the counting centres.
22.11 / 03:59
markets
Reuters
Digital
Google
security
Universities
PAM
Who is Sagar Adani and what is his relation to Gautam Adani?
Sagar Adani, the nephew of industrialist Gautam Adani, and six others in connection with an alleged bribery and fraud scheme linked to a renewable energy project in India. Prosecutors allege that the defendants, including Gautam Adani, conspired to pay $265 million in bribes to Indian government officials to secure contracts for developing India's largest solar power plant. The Adani Group has denied the allegations, terming them baseless. The company has stated that it will explore “all possible legal recourse” to address the charges.
22.11 / 03:05
22.11 / 02:43
Action
security
Election
War
reports
peace
Mint Quick Edit: When will the Gaza War end?
Subscribe to enjoy similar stories. The wait for an end to the Gaza War seems endless, despite mounting evidence of civilian suffering. Of the over-43,000 Gazans killed after Israel began its military action in response to a horrific terror attack, 44% are children, with adult males less than a third of that toll.
22.11 / 01:33
markets
Digital
security
Strategy
WhatsApp
show
Courts
'Bribe notes' with per megawatt rates: Case filings detail Sagar Adani's role in the scandal
Sagar Adani, a millennial scion of the company who kept track of hundreds of millions of dollars of alleged bribes to Indian officials on his mobile phone, court filings show. U.S. prosecutors called the notes on Adani's phone «bribe notes.» In those notes, Sagar Adani, nephew of the Indian conglomerate's billionaire founder Gautam Adani, noted the amount of the bribe he offered, which government official had been offered the money and how much solar power the official's region would buy in return. He even identified a per megawatt bribe rate to secure the power contracts, the court filings show.
22.11 / 01:33
markets
Manufacturing
Action
security
Strategy
Trade
Experts
Pre-market action: Here's the trade setup for today's session
«Markets are likely to react to the preliminary release of November month manufacturing and services PMI of US, Europe and India today. In the near term, we expect the market to remain volatile on account of global geo-political concerns, relentless FII selling and uncertainty around the outcome of state assembly elections in Maharashtra and Jharkhand,» said Siddhartha Khemka, Head — Research, Wealth Management, Motilal Oswal. Here's breaking down the pre-market actions:
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