Security Financial News

Ceigall India on Thursday said it has secured orders worth Rs 1,042 crore for development of Kanpur Central Bus Terminal and Bhubaneshwar Metro Project-Phase I. In a statement, the Ludhiana-based company said the Bhubaneshwar Metro Project in Odisha includes the construction of an extensive metro rail network that will enhance connectivity, reduce traffic congestion and promote economic growth within the region. The project is estimated to be completed in 3 years and will enhance urban mobility, reduce traffic congestion and improve air quality, according to the statement. The Kanpur Central Bus Terminal project in Uttar Pradesh will encompass the construction of a modern bus terminal and a comprehensive commercial complex.

Paris Olympics 2024 host nation France will play Spain for football gold medal match on Friday. All European final will see both proud soccer playing nations seeking second Olympics Gold. France won two FIFA World Cups (1998, 2018), and became champions of Europe twice (1984, 2000). Spain have won Euro record four times (1964, 2008, 2012, and 2024). The reigning European Champions won the FIFA World Cup once (2010). Paris Olympics 2024 Gold Medal match between Spain and France will kick off at 12 pm (ET) on Friday, August 8.

influx from Bangladesh into Assam due to ongoing disturbances, Assam Chief Minister Himanta Biswa Sarma assured that stringent security measures have prevented any unauthorized entry. Highlighting that the Indo-Bangladesh border is being vigilantly monitored, he confirmed that no individuals from Bangladesh have entered Assam without valid documentation. Sarma addressed the media in Guwahati, emphasizing, «Government of India has instructed the state government to completely secure the Indo-Bangladesh border so that no one can come inside the country. Accordingly, the Assam government is maintaining strict vigil in the border area and as of now no one has entered our country except those having valid visa and passport and genuine and bonafide citizens of this country.» He expressed confidence in the central government's efforts, stating, “However, I do hope the government of India will do everything possible and I am sure the Prime minister is doing everything possible to ensure the safety and security of Hindus, Sikha, Buddhist Jains and Christian people in Bangladesh.”

Securities and Exchange Board of India (Sebi) on Thursday slapped a penalty of Rs 2 lakh on Nippon Life India Asset Management Limited and Rs 1 lakh on Nippon Life India Trustee Limited holding them in violation of total expense ratio (TER) norms prescribed by the regulator. Further, the trustee was penalised after the regulator found that it did not ensure compliance by the fund house.

Decentralized finance (DeFi) protocol Nexera has burned 32.5 million of its native NXRA tokens that were stolen as part of a recent hack.

Empower is celebrating strong growth for its business, driven by increased assets under administration for its Personal Wealth and Workplace Solutions units.

Digital asset service provider BitGo has become the latest crypto player to receive the Major Payment Institution (MPI) License from the Monetary Authority of Singapore (MAS).

GD Goenka University has pledged to award Rs 1 crore in scholarships to students excelling in sports if javelin throw champion Neeraj Chopra secures a gold medal in the Paris 2024 Olympics. With the final of the men's javelin throw scheduled on Thursday, all eyes are on Chopra to clinch a gold medal.

Axis Securities has initiated coverage on Prestige Estates with a target price of Rs 2,195 supported by the company’s diversified business model, execution supremacy, robust order book and strengthening annuity streams. The real estate business is highly cyclical and susceptible to various geographical risks. Prestige Group has mitigated these risks by diversifying across verticals and geographies and is better positioned to emerge strong during challenging times.

OnePlus' existing schedule of periodic system upgrades and security patches. The updates will be rolled out to supported devices, ensuring that users receive the latest advancements as soon as they are ready.

Ripple Labs has been ordered by a Manhattan court judge to pay the U.S. Securities and Exchange Commission about $125 million in penalties over charges of improperly selling the cryptocurrency XRP, according to a court filing. WHY IT'S IMPORTANT The SEC had been seeking fines and penalties totaling $2 billion in its case against Ripple Labs, its chief legal officer Stuart Alderoty said in March. This penalty would qualify only for a fraction of that amount.

Singapore's DBS Group has appointed Tan Su Shan, currently its institutional banking group head, as CEO from March, replacing Piyush Gupta, who has led Southeast Asia's biggest bank for 14 years. She will be the bank's first female chief executive and also the first to be appointed from within the ranks of the bank.

₹560 at 11:15 IST, a dip of 1.03% from the market opening price, ahead of the unaudited financial Q1 results today for 2024-25. According to stock market experts, the railway sector company is expected to declare strong Q1 results in 2024 on Thursday, as infrastructure sector companies are expected to deliver solid quarterly numbers.

Taylor Swift’s upcoming concerts in Vienna.As a result, all three Eras Tour shows have been cancelled, the organizers confirmed Wednesday.“With confirmation from government officials of a planned terrorist attack at Ernst Happel Stadium, we have no choice but to cancel the three scheduled shows for everyone’s safety,” Barracuda Music shared to Instagram.A post shared by Barracuda Music (@barracuda.music)Swift was scheduled to play Thursday, Friday and Saturday. The organizers wrote that all ticket holders will have their money refunded in the next 10 business days.The arrests of the suspected extremists took place Wednesday in Austria.

BSF Salbagan, Agartala, Tripura to review the security and operational preparedness of BSF on Indo-Bangladesh border. DG BSF landed at the Agartala Airport on Wednesday where he was received by Patel Piyush Purusottam Das, IG BSF Tripura Frontier. DG BSF was given an operational briefing by IG Tripura Frontier and further DG BSF chaired a meeting with senior officers of BSF and discussed the ongoing law and order situation in Bangladesh and its implications on the security scenario.

₹15,000 crore. The group has already committed billions of dollars towards green energy investments in Gujarat. Elaborating on its green energy roadmap, RIL said that by 2025 it will establish 20 GW solar capacity for captive needs of round-the-clock power and intermittent energy for green hydrogen.

Vienna leg of a tour by American mega-star Taylor Swift has been cancelled after Austria arrested an Islamic State sympathiser in connection with an attack plot, the organisers said Wednesday. Authorities had earlier confirmed the arrest of a 19-year-old sympathiser of the armed group for allegedly planning an attack in the Vienna region, warning he had a «focus» on Swift's three upcoming shows. «With confirmation from government officials of a planned terrorist attack at Ernst Happel Stadium, we have no choice but to cancel the three scheduled shows for everyone's safety,» Barracuda Music said on Instagram.

Every crisis comes twinned with opportunity—not just to solve the proximate problem, but also to effect a paradigm shift, away from the conditions that led to the crisis. So it is with Bangladesh.

Aditya Birla Capital, Aditya Birla Fashion & Retail (ABFRL), Birlasoft, Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), Hindustan Copper, India Cements, Indiamart Intermesh, LIC Housing Finance, Manappuram Finance and RBL Bank. Chambal Fertilizers & Chemicals and Granules India have moved out of the ban.

Robinhood beat Wall Street expectations for second-quarter earnings on Wednesday, as interest in meme stocks and cryptocurrencies soared, and said it continued to gain retail trading market share from rivals. The app, typically associated with mom-and-pop investors, saw a surge in trading volumes as meme-stock influencer Keith Gill returned to social media and reignited interest in the highly shorted shares of videogame retailer GameStop. Shares of the company rose 2.6% in extended trading after the brokerage also teased the launch of an upcoming desktop version of its popular mobile trading application.