Security Financial News
29.08 / 07:39
markets
Citi
Provident
CEO
security
Metro
trends
Urban Vault leases 1 lakh sq ft of prime office space in Brigade Summit, Whitefield, Bengaluru
Urban Vault, a managed co-working firm, has leased 100,000 sq ft of office space at Brigade Summit, a mixed-use project by Brigade Group in Whitefield, Bengaluru as the firm plans to expand the business to meet the increasing demand for managed workspaces. The new facility will include more than 2,000 desks and will see Urban Vault—a self-funded, bottom-line-driven company enter the Whitefield micro market that is witnessing many flexible operators expand operation. «The demand for prime office space has significantly revived. Large and medium-sized corporations are now preferring hassle-free managed office space from operators,» Urban Vault, Co-founder and CEO, Amal Mishra said.
29.08 / 07:09
security
Strategy
WhatsApp
country
reports
boating
India to commission its second nuclear submarine today; here's all you need to know about INS Arighat
Indian Navy is set to commission its second nuclear submarine, with the 112-metre-long INS Arihant to be launched out of Visakhapatnam on Thursday by Defence Minister Rajnath Singh. Top military officials are set to be present at the inaugration of the submarine, with the nuclear-powered machine set to join INS Arihant as part of the country's 'nuclear triad,' strengthening India's ability to fire nukes from the air, land and the sea. Armed with K-15 missiles — that are nuclear-tipped and have a range of 750 kilometres — the 6,000-tonne submarine became 'fully ready' earlier in August, following extensive trials and upgrades.
29.08 / 05:20
UPS
IPO
security
Bill
Exponent
performer
Best short duration mutual funds to invest in August 2024
mutual funds invest in treasury bills, commercial papers, certificates of deposits and so on to take care of their liquidity needs. They also invest in corporate bonds, government securities, among others. According to the Sebi mandate, short duration funds can invest in debt instruments which have maturity between one and three years. That means these schemes are meant for short-term investments of up to three years or more. They are somewhat in the middle when it comes to interest rate risk. They are riskier than liquid, ultra short term, and low duration funds. However, they have a lower risk compared to medium duration and long-term funds. Also Read |Best medium to long duration funds to invest in August 2024
29.08 / 05:02
29.08 / 04:37
markets
security
Tesla
NVIDIA
President
reports
Features
China's electric car race is becoming more about chip prowess as companies focus on tech
BEIJING — Chinese electric car companies that are already engaged in an intense price war are turning up the heat on another front: Chip-powered tech features such as the driver-assist function.
29.08 / 04:36
29.08 / 04:31
MET
security
economy
President
travelers
International
Biden and Xi to speak after rare U.S. security adviser trip to China
BEIJING — U.S. President Joe Biden and Chinese President Xi Jinping are set to speak over the phone in «coming weeks,» the White House said Wednesday.
29.08 / 04:17
Provident
Platform
security
Strategy
wellness
track
Here is what to keep in mind when investing with a new fund house
MUMBAI: Capitalmind, a PMS (portfolio management services) provider, became the latest entity to receive the Securities and Exchange Board of India's (Sebi's) in-principle approval to launch a fund house. Once launched, it will be India's 45th fund house.
29.08 / 03:46
markets
security
Strategy
Research
Trade
Updates
RIL AGM today: How to trade and what to expect from the Ambanis
Reliance Industries Ltd (RIL), the country’s largest conglomerate, several significant announcements are anticipated that could unlock value in the company’s shares. Jio's focus on monetisation with recent tariff hike and completion of 5G rollout has been leading the growth engine for the conglomerate.
29.08 / 02:56
UPS
Platform
Action
security
Enterprise
AGRO
Regulator urges caution while investing in SMEs
Sebi) on Wednesday cautioned investors to be careful while investing in stocks of small and medium enterprises (SMEs) even as their initial public offerings continue to see huge oversubscriptions. «It has come to the notice of Sebi that, post-listing, some of the SME companies and their promoters have been resorting to certain means that project an unrealistic picture of their operations,» Sebi said in a release.
29.08 / 02:36
markets
Target
Action
security
Sustainability
Research
Trade
Pre-market action: Here's the trade setup for today's session
Nifty finally made a fresh high of 25129 on Wednesday before closing with gains of 35 points at 25052 levels. «We expect the gradual uptick in the market to continue, supported by FII inflows and healthy domestic macros. Markets are likely to remain volatile on Thursday on account of monthly derivatives expiry. Key Event to watch out for US Q2 Project GDP Data,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.
29.08 / 02:04
UPS
Racing
security
President
show
reports
Trump faltering in his backyard? Harris may be winning North Carolina
Donald Trump is currently facing the heat in a state that was in July, being considered a sure-shot winning region for the former US President, when Joe Biden was still the candidate for the Democrats. According to the CooK Political Report, Joe Biden was nearly 7 points behind Trump when the reigning President simply dropped out of the poll race and endorsed Kamala Harris in his place instead.
29.08 / 02:02
Blockchain
Ethereum
ETH
BLOCK
security
Trade
Bitcoin
How to Keep Up With Ethereum
When many think of blockchain technology or cryptocurrency, the name that immediately comes to mind is Bitcoin. And it’s easy to see why: Bitcoin is the largest and most successful form of cryptocurrency. However, while Bitcoin is immensely successful, another form of cryptocurrency has steadily been rising in value over the past several years: Ethereum.
29.08 / 01:53
markets
Blockchain
UPS
Digital
security
economy
innovations
South Korean Central Bank, Regulators Call for Tokenized Securities Regulations
Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...
29.08 / 01:23
Action
security
Enterprise
Trade
Inside
information
Investigations
Sebi issues notice to Religare Ent's Rashmi Saluja
Religare Enterprises chairperson Rashmi Saluja in connection with its investigation into alleged violations of insider trading regulations, people familiar with the matter said. The investigation centres on trades conducted by Saluja last year on September 21 and 22, days before the Burman family's open offer for Religare Enterprises was announced on September 25, 2023.
29.08 / 01:02
COST
Citi
security
Pool
stage
International
Lower public float of 10% allowed for companies listing on IFSC bourses
GIFT city international financial services centre to have a lower public float of 10%. Companies listed on local exchanges are mandated to maintain a minimum public shareholding of 25%. The government issued a notification stipulating a lower public shareholding requirement for companies listing on stock exchanges at the International Financial Services Centre (IFSC)-a deemed foreign jurisdiction-a move aimed at wooing firms to list there.
29.08 / 00:50
security
WhatsApp
International
Sebi proposes overhaul of merchant banker norms
Sebi has proposed to revamp rules for merchant bankers handling public issues, by increasing the net worth requirement 10- times to ₹50 crore from ₹5 crore, introduction of minimum liquid net worth and barred them from holding securities in the issuer company. «This may lead to conflict of interest and compromised due diligence,» Sebi said in a discussion paper. As on July 31, there are 224 merchant bankers registered with Sebi. Their activities include handling public issuances, international offerings such as global depository receipts, underwriting issues and corporate advisory.
28.08 / 23:53
markets
Blockchain
Digital
Platform
security
ICO
show
How Real Estate Tokenization Differs From Initial Coin Offerings
Rachel Wolfson has been covering the cryptocurrency, blockchain and Web3 sector since 2017. She has written for Forbes and Cointelegraph and is the host and founder of Web3 Deep Dive podcast.
28.08 / 23:39
COST
Action
security
Justice
Department
Investigations
Military shipbuilder Austal says investigation settlement in best interest of company
Executives with military shipbuilder Austal say settling an accounting fraud investigation is the best outcome for the company and that new financial controls have been put in place
28.08 / 23:01
Target
Platform
Action
security
Strategy
prevention
Courts
WazirX’s Parent Firm Files for Moratorium in Singapore High Court
Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...
28.08 / 22:49
UPS
security
Trade
President
Poland's government plans record defense spending in its 2025 budget
Poland’s budget proposal for 2025 includes record defense spending of 187 billion zlotys or $48.7 billion
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