Security Financial News
13.07 / 00:51
security
Election
Coherent
President
show
reports
Interviews
Democrats worried after Biden’s bizarre claims in a radio interview even after the questions were vetted by his team
CNN, two radio presenters who got an opportunity to interview US President Joe Biden expressed their surprise that the president could not answer even questions that were pre-approved by his team. The president had the questions given to him before the interview and yet he could not answer coherently. This just adds to a growing number of media reports that have suggested a ‘cognitive decline’ in the US President. A Philadelphia radio show host said that Biden’s team had fed her questions before the interview. She said that the president made certain bizarre claims during the interview. This has been reported by the New York Post.
13.07 / 00:49
Citi
Digital
security
Enterprise
Healthcare
reports
Schools
Godrej Enterprises charts course to unlock growth potential
Godrej Enterprises Group (GEG) — comprising the unlisted Godrej & Boyce and several closely held affiliates — is understood to be working on a strategic plan with the Boston Consulting Group to create integrated and scalable consumer and industrial solutions businesses. GEG aims to tap into synergies offered by business adjacencies to accelerate its growth after a recent realignment of revenue streams and companies in the century-old Godrej Group.
13.07 / 00:42
markets
UPS
security
Healthcare
classical
Markets on bullback, no pullback from 80,000 milestone
The BSE Sensex hit 80,000 intraday on Wednesday before ending below that mark.It rose 62.87 points, or 0.08%, to end at 80,049.67, having risen to an intraday record of 80,392.64 on Thursday. The NSE Nifty rose 15.65 points or 0.06% to close at 24,302.15, after hitting a lifeti me high of 24,401 during the day.
13.07 / 00:32
Provident
MET
FIVE
security
Food
International
Kathua ambush: Security forces intensify search operations, more detained for questioning
army personnel were deployed in the hills and dense forests of Jammu and Kashmir's Kathua-Udhampur-Doda belt as the search for the terrorists behind the ambush on an army patrol in Kathua district entered its fourth day on Thursday. Since the attack on Monday, that killed five army personnel and injured as many, 60 people have been detained for questioning, including three individuals suspected of providing food and shelter to the terrorists, officials said. One those detained is a woman who cooked food and handed over it to a person. The quantity of food prepared was sufficient for «10 to 15 people», they said. Security agencies suspect that the food was intended for the terrorists, the officials added. In Kathua, senior police and Border Security Force officers from Jammu and Kashmir and Punjab met to discuss the security grid along the International Border (IB), from across which the terrorists are believed to have infiltrated, the officials said.
13.07 / 00:23
13.07 / 00:12
Racing
security
Election
WhatsApp
reports
UK Election 2024: Rishi Sunak and PIO MPs in danger of losing seats
Rishi Sunak is expected to remain a backbench MP if his party loses the upcoming general election, the results of which will be known on Friday, as per a TOI report. However, there is a risk that he might lose his seat, becoming the first sitting PM to lose both a general election and his seat simultaneously. In the 2019 election, Sunak, 44, won the Richmond and Northallerton seat with a majority of 27,210 votes, securing 63% of the vote. No incumbent prime minister has ever lost their seat in a UK general election.
13.07 / 00:11
markets
Booking
security
Sustainability
wellness
social
International
Piramal Capital raises $100-million social loan
Piramal Capital & Housing Finance raised its maiden dollar syndicated social loan of $100 million (₹835 crore). The entire loan is pre-funded by Standard Chartered Bank and the foreign lender is expected to syndicate the loan in the next few months. The loan has a three-year maturity, and it is benchmarked to the three-month secured overnight financing rate (SOFR) plus 200 basis points. The prevailing SOFR is 5.3%. «Through this loan, we are trying to tap the overseas market and since a large part of our financing gels well with the social theme, this loan is the first of many to come,» a Standard Chartered Bank official said on condition of anonymity. «All highly-rated NBFCs have to start looking at some amount of financing from the international markets and this route is expected to pick up pace. In fact, there is a lot of global investor appetite for ESG space.»
13.07 / 00:07
UPS
IPO
Provident
security
WhatsApp
stars
Niva Bupa files for Rs 3,000-cr IPO
Niva Bupa Health Insurance has filed the draft red herring prospectus (DRHP) to raise ₹3,000 crore through an initial public offering (IPO). The standalone health insurance firm will be the second health insurer listed on Indian stock exchanges, following Star Health and Allied Insurance. The IPO will include a fresh issue of shares to raise ₹800 crore for improving solvency ratio and operating expenses, and an offer for sale by existing shareholders, British United Provident Fund Bupa and Fettle Tone LLP, amounting to ₹2,200 crore. According to draft papers, the health insurance company is considering a pre-IPO placement of up to ₹160 crore, which would reduce the size of the fresh issue. The company plans to allocate 75% of the net offer to qualified institutional buyers, 15% to non-institutional bidders, and 10% to retail investors.
13.07 / 00:05
12.07 / 23:51
markets
Action
security
Opinion
Trade
show
Ahead of Market: 10 things that will decide D-Street action on Friday
Here's how analysts the market pulse: «Technically, the 24,250 zone showed signs of resilience, which could be seen as an intermediate obstacle for the bulls to overcome. On the lower end, the pivotal level of 24,000 still holds significant importance, and a decisive breach could trigger some correction in the near future, with immediate downside support at 23,800,» said Osho Krishan, Senior Analyst — Technical & Derivatives, Angel One.
12.07 / 23:45
SEC
CEO
Assurant
security
Silvergate Bank
compliance
Silvergate Bank Sued for Inadequate Compliance Program
Silvergate Bank has been charged by the Securities and Exchange Commission (SEC) for misleading investors about the effectiveness of its Anti-Money Laundering (AML) compliance program.
12.07 / 23:39
markets
UPS
security
trends
Trade
reports
Share price of DLF rises as Nifty strengthens
DLF Ltd. gained 0.51 per cent to Rs 835.1 in Wednesday's trade as of 01:45PM (IST). The stock hit a high price of Rs 837.4 and low of Rs 828.0 during the session. The return on equity (ROE) for the stock stood at 6.91 per cent. Traded volume on the counter stood at 01:45PM shares and turnover at Rs 5.2 crore around that time. The stock of DLF Ltd. quoted a 52-week high price of Rs 967.0 and 52-week low prices of Rs 461.55, respectively.
12.07 / 23:33
markets
security
Sustainability
Election
Research
trends
reports
FII flows may revive, yet market momentum leans on domestic investors, Budget
, the market's momentum largely hinges on the actions of domestic institutional investors (DIIs) and the proposals in the upcoming Budget. FIIs net sold ₹146.29 crore worth of equities between 1 January and 2 July, while DIIs were net buyers, pouring in a staggering ₹2,40,627.19 crore during this period.
12.07 / 23:31
security
Election
Boxing
CBS
reports
U.S Presidential Election 2024: Joe Biden vs Donald Trump - Will there be another debate? If yes, when?
ABC News is all set to host the second US Presidential Debate on September 10. In a matter of nine weeks, the two candidates are expected to have a second face-off. David Muir and Linsey Davis will host the debate and the rules to participate in the debate have been confirmed. The location of the debate is yet to be confirmed. There are also reports that the two Vice-Presidential nominees will also have a debate soon. Many questions have also been raised if Biden will participate in the debate as many Democrats are calling for his replacement on the ballot box.
12.07 / 23:25
Citi
Progressive
CEO
security
Sustainability
Parke
International
Tata Realty & Infra secures loan worth Rs 825 crore from IFC
Tata Realty & Infrastructure has secured a loan worth Rs 825 crore loan from the World Bank Group member International Finance Corporation (IFC) for the strategic refinancing of Ramanujan Intellion Park in Chennai. This financing is a part of Tata Realty's broader commitment to advance its sustainability efforts and elevate the standard of green commercial spaces across India. The funds will further integrate state-of-art sustainable technologies and practices at this flagship asset, which boasts a total leasable area of approximately around 4.67 million sq ft of IT/ITES commercial office spaces.
12.07 / 23:20
12.07 / 23:20
Waters
security
economy
Food
Experts
shock
evacuation
Kenya's dramatic flooding sweeps away a central part of the economy: Its farms
Kenyan farmers' financial security and optimism have been shaken by recent flooding
12.07 / 23:13
UPS
Gap
security
Sustainability
wellness
trends
reports
RBI tells banks to find ways to bridge the gap between credit and deposit growth
banks to find ways to bridge the gap between credit and deposit growth and reduce credit-deposit ratio, raising concerns over the persistent higher credit growth than deposit mobilisation which could pose a risk in business sustainability. The central bank Governor Shaktikanta Das held a meeting with the heads of public sector banks and select private sector lenders Wednesday where he spoke about high credit-deposit ratio, the resultant liquidity risk management challenges, trends in unsecured retail lending as well as cybersecurity and third-party risks and the need for improving customer services. He also highlighted the importance of further strengthening the governance standards, risk management practices and compliance culture in banks.
12.07 / 23:13
markets
UPS
Target
security
Software
reports
Buy HCL Technologies, target price Rs 1750: BNP Paribas Securities
HCL Technologies with a target price of Rs 1750. The current market price of HCL Technologies is Rs 1483.65. HCL Technologies Ltd., incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 401839.53 Crore) operating in IT Software sector.
12.07 / 23:12
Booking
security
WhatsApp
Healthcare
show
information
FPIs return to fin services, buy over Rs 9,000 cr in June
Overseas investors purchased nearly ₹9,200 crore of banking and financial services stocks in June after selling shares worth ₹8,583 crore in May. The sector, which accounts for more than a third of the Nifty 50 weighting, had received inflows worth ₹52,900 crore in 2023. Foreign investors were buyers of Indian equities worth ₹34,027 across 17 sectors between June 16 and 30, National Securities Depository (NSDL) data showed.
12.07 / 23:05
SEC
security
Apple
Trade
Inside
Schools
Courts
Apple ex-lawyer ordered to pay $1.15 million SEC fine for insider trading
lawyer who avoided prison time after pleading guilty to insider trading must pay a $1.15 million fine in a related U.S. Securities and Exchange Commission civil case, a federal judge ruled on Tuesday. U.S. District Judge William Martini in Newark, New Jersey, said that while Gene Levoff «was not living excessively, his violations were nonetheless especially egregious» given the lawyer's former role enforcing Apple's insider trading policies.
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