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IIFL Securities Limited has made a significant move to enhance employee engagement by granting 3,69,500 stock options to its identified employees under the ‘IIFL Securities Employee Stock Option Scheme - 2018’ (IIFL ESOS Scheme-2018), on June 14, 2024. The company's Nomination and Remuneration Committee (NRC) approved this grant through a circular resolution, demonstrating a strong commitment to retaining and motivating its workforce, as per an exchange filing.Also Read | Darshan case: Renukaswamy sustained 15 grievous injuries, head forcefully rammed into a vehicle | What we know so farThe stocks of IIFL Securities closed in gree, up 0.71 per cent on June 14, at ₹221.05 on BSE.

₹740.10 crore at the upper price band, received healthy response from investors.Around 24 companies are in-line to hit the primary market in the next few months to collectively raise over ₹30,000 crore from IPOs, according to Mahavir Lunawat, Managing Director, Pantomath Capital Advisors Pvt. Ltd.

National Security Act (NSA) has been invoked against four individuals accused of throwing a severed cow head onto a temple premises in Jaora town, Madhya Pradesh. The incident, which occurred early Friday morning, led to heightened tensions and increased security measures in the town located in Ratlam district. Details of the Incident In the early hours of Friday, two individuals on motorcycles allegedly threw cow body parts onto the temple premises, leading to unrest in the community. Authorities swiftly acted, arresting four persons under various sections of the Indian Penal Code for hurting religious sentiments and other offences. Deputy Inspector General (DIG) Manoj Kumar Singh confirmed these details to reporters.

The equity markets took a steep dive during the election results day as the outcome was significantly different from the exit polls, but they reached all-time highs shortly after a few days.

DMK chief and Tamil Nadu Chief Minister MK Stalin claimed that the Lok Sabha results were Prime Minister Narendra Modi's «defeat» and he became the PM because of the support of TDP's Chandrababu Naidu and JDU's Nitish Kumar. While addressing a public meeting in Coimbatore on Saturday, the Tamil Nadu CM also targeted the BJP over its slogan of 'Abki Baar, 400 Paar', saying, «Despite a lot of efforts, the BJP got only 240 seats.» «This is not Modi's victory, but Modi's defeat. Modi is the Prime Minister because of Chandrababu Naidu and Nitish Kumar. If they had not supported it, where would Modi have gotten the majority from? BJP can't do anything as per their wish,» Stalin said.

Amit Shah will chair a high-level meeting on Sunday to review the security situation in Jammu and Kashmir (J-K) and preparedness for the Amarnath Yatra. Earlier, Amit Shah reviewed the security situation in Jammu and Kashmir in a high-level meeting with senior officers of the Ministry of Home Affairs (MHA) here in the national capital on Friday and directed to call another detailed meeting on June 16 over the issue. Shah conducted the meeting in the wake of recent terrorist attacks in Jammu and Kashmir, which have raised concerns about the security arrangements in the region.

Costa del Sol including flight fares, stay and perhaps a holiday too? As the waiting period for a doctor’s appointment at the National Health Service (NHS) increases, people are finding creative solutions to this challenge. A woman and her 16-year old daughter travelled all the way to Costa del Sol for a dental appointment and came back and apparently spent a lot lesser than a private clinic appointment in the UK. Elena Veysey decided to take her daughter named Ella to the Spanish town after she was warned that the NHS waiting period could be at least two years, unless she was willing to shell out £300 at a private clinic. This has been reported by the Mirror.

Donald Trump will use back-to-back stops Saturday to court Black voters and a conservative group that has been accused of attracting white supremacists as the Republican presidential candidate works to stitch together a coalition of historically divergent interests in battleground Michigan. Trump is scheduled to host an afternoon roundtable at an African American church in downtown Detroit. Later he will appear at the “People's Convention" of Turning Point Action, a group that the Anti-Defamation League says has been linked to a variety of extremists.

Kochi: K G Abraham, MD of Kuwait-based NBTC Group, whose workers died in the fire accident in one of its accommodations in the Gulf nation, on Saturday said the incident was unfortunate, and the company will take care of the victims' families. Addressing the media here after three days of the tragic fire that killed 49 people, Abraham became emotional and said «we are so sorry». «We are so sorry. We are so sorry. I was crying in my house. I know most of them. There were people working with us for more than 27 years. What happened was really unfortunate,» he said.

Lauderhill amidst a flash flood warning in the region as a confident India aim to make it four wins in a row when they face Canada in their last Group ‘A’ match of the Men’s T20 World Cup 2024 at the Central Broward Regional Park Stadium Turf Ground on Saturday. Having secured three consecutive wins, India has already qualified for the Super Eight stage, which will take place entirely in the West Indies, and is poised to top the Group A points table even if their match against Canada is rained out. However, if the weather clears up, India will aim to address any weaknesses before advancing to the Super Eights. Talismanic batter Virat Kohli came into the tournament on the back of being the leading run-getter in IPL 2024, where he amassed 741 runs in 15 matches while opening the batting for Royal Challengers Bengaluru. But in the Men’s T20 World Cup, Kohli has amassed scores of 1, 4 and 0, with his pattern of being out to wide deliveries a cause of concern.

PSU Mutual Funds: PSU mutual funds have surged over 10% since June 4, the day Lok Sabha election results were announced. PSU mutual funds fall within the thematic equity mutual fund category. Thematic funds are equity mutual funds that invest into stocks connected to a particular theme. These funds’ investment patterns are unified by a central idea. For example, an infrastructure theme fund might invest in sectors such as cement, power and steel, among others.

Instant financial gains in life give you an opportunity to either use them to reduce your financial burden or make the most of them by investing the gains aptly. Gratuity is one such monetary benefit given by an employer to an employee. It is a lump sum amount given at the time of retirement, resignation, or upon an employee’s death or disability.

By Vivek Jain

Border Security Force and Punjab police, in a joint operation, recovered a Chinese drone along with narcotics from a farming field in Amritsar, the force said «On June 14, 2024, acting on information by the BSF intelligence wing about the presence of a drone with narcotics in the border area of Amritsar district, BSF troops, in collaboration with Punjab Police, launched an extensive search operation in the suspected area» the BSF said in a statement

income in the past year, and 32% of elderly individuals or their spouses had an annual income of less than Rs 50,000. Only 29% of elderly people had access to social security schemes such as old-age pensions, contributory pensions, or provident funds. Nearly 65% of elderly individuals said they were not financially secure with their current income and access to savings and investments. These findings are part of a report released by the voluntary organisation HelpAge India on the eve of World Elder Abuse Awareness Day, observed on June 15. Regarding health, more than half of the elderly (52%) reported facing at least one challenge related to daily living activities, and 54% suffered from two or more non-communicable diseases.

Ministry of External Affairs (MEA) and the State Bank of India (SBI) signed a Memorandum of Understanding (MoU) on Saturday to enhance digital payment services for users of the eMigrate portal. The agreement was signed by Joint Secretary OE and PGE (Overseas Employment and Protector General of Emigrants) Bramha Kumar, on behalf of the Ministry, and Neelesh Dwivedi, General Manager (NW-I) from SBI, at Sushma Swaraj Bhawan in Delhi. This MoU will become operational following the successful integration of SBI's payment gateway, SBIePay, with the eMigrate portal.

Retirement is inevitable, and the older generation, which often trusted fixed deposits, can struggle with financial planning due to inflation reducing post-tax returns. The fear of outliving savings is a real concern due to the constant devaluation of money. Explain the benefits of mutual fund investments. Mention the different types of mutual funds for various financial needs. For short-term needs, suggest debt mutual funds. This is useful if your dad is nearing retirement or already retired. For younger dads, talk about equity mutual funds for long-term goals.

Television actor Pankit Thakker has opened up about his traumatic experience during the recent terror attack in Reasi, Jammu and Kashmir. Thakker, known for his roles in popular TV shows, was in Jammu preparing to embark on a pilgrimage to the Mata Vaishno Devi Shrine in Katra when the attack occurred. The incident, which targeted a bus carrying pilgrims, resulted in the tragic loss of nine lives and injuries to over 40 others.

Naxalites and one security personnel were killed in an encounter in Chhattisgarh's Narayanpur district on Saturday, according to a police official. The gunfight broke out this morning in the forest of Abhujmad when a joint team of the security personnel from four districts — Narayanpur, Kanker, Dantewada and Kondagaon — was out on an anti-Naxal operation, an official said.

Narendra Modi on Saturday shared highlights from his participation in the G7 Summit at Italy and said that he presented India's perspective on the world stage. A video shared by PM Modi shows glimpses of the highlights of his visit to Italy including his arrival in Italy to Italian PM Giorgia Meloni's welcome at the venue of the G7 Summit in Apulia city in Italy. Meloni greeted PM Modi with a 'namaste' and the two leaders then posed for a picture for the cameras.

ICC T20 World Cup, USA batter and skipper Aaron Jones expressed that the team is looking forward to competing against more top Test cricket nations. The USA qualified for the Super Eights stage of the tournament after their match against Ireland was washed out due to rain and both teams shared a point each. With two wins, a loss, and a no result, the US secured five points in total and ended in second place. Their result also meant that Pakistan, another team in contention for the Super Eights, was knocked out of the competition.