Security Financial News

New Know-Your-Customer (KYC) regulations effective from 1 April have sent many investors into a tizzy, as they find their accounts locked for failing to meet yet another demand by authorities for verifiable data to establish their identities. Yes, we had a fresh round of KYC compliance. Under revised rules, holders of securities regulated by the Securities and Exchange Board of India (Sebi) had to validate their email IDs in addition to phone and Aadhaar numbers, the latter duly linked with PAN cards issued for taxation.

Jindal Stainless: On May 1, the company announced a three-pronged investment strategy worth ₹5,400 crore with the aim of achieving global leadership in stainless steel. As part of its expansion strategy, the company entered into a joint venture to develop and operate a stainless-steel melt shop (SMS) in Indonesia with an annual production capacity of 1.2 million tonnes per annum (MTPA). Jindal Stainless plans to invest ₹700 crore in this partnership.

Check all the LIVE updates on NEET 2024 admit card here,A total of 23,81,833 students have registered for NEET UG 2024. 1) Application number2) Date of birthCheck direct link here.

restructuring of the group, announced late Tuesday, will result in two entities: Godrej Enterprises Group and Godrej Industries Group. While Godrej & Boyce Mfg. Co.

NEET UG Admit Card 2024 OUT: The National Testing Agency (NTA) has release the admit cards for NEET UG 2024 on its official website — exams.nta.ac.in and neet.ntaonline.in. The NEET UG entrance exam is scheduled to be conducted in the pen-and-paper (offline) mode on May 5 across 571 cities in India and 14 cities abroad from 2 pm to 5:20 pm, spanning 3 hours and 20 minutes. Essential credentials needed to download the NEET admit card include application number, date of birth (DOB), and security pin.

₹300 to ₹315 per share. At the upper end of the price band, the company plans to raise ₹3,000 crore from the issue. Aadhar Housing Finance IPO comprises a fresh issue of 3.17 crore equity shares aggregating to ₹1,000 crore and an offer for sale (OFS) component of 6.35 crore shares aggregating to ₹2,000 crore.

A staffing company that performed COVID-19 contact tracing for Pennsylvania and exposed the private medical information of about 72,000 residents will pay $2.7 million in a settlement with the U.S. Justice Department and a whistleblower

The beginning of the Change Healthcare cyberattack happened when hackers entered a server that lacked multifactor authentication

A subsidiary of Johnson & Johnson is now proposing paying approximately $6.48 billion over 25 years as part of a settlement in the U.S. to cover allegations that its baby powder containing talc caused ovarian cancer

Former President Donald Trump has secured another $1.6 billion worth of shares in Trump Media

Congress on Wednesday took a swipe at the Bharatiya Janata Party (BJP), accusing the ruling party of harping on '400 paar' in the Lok Sabha polls so that they could change the Constitution and end reservations and asked Prime Minister Narendra Modi whether he will support an amendment to the Constitution for the purpose. Addressing a press conference at the AICC headquarters here today, party general secretary in charge of communications Jairam Ramesh said that the party had some questions for Prime Minister Narendra Modi — specifically, his views on removing the 50 per cent cap on SC, ST and OBC quota. He alleged that the BJP is «talking about '400 paar'» to change the Constitution as the «BJP and the RSS are against secularism and social justice.»

Amkay Products IPO: From price band to GMP - here's everything you need to know In the fiscal years ending December 31 of 2021, 2022, and 2023, the revenue generated from manufacturing operations was ₹3,020.24 lakh, ₹2,255.89 lakh, and ₹2,224.59 lakh, respectively. Concurrently, revenue from branding and trading operations for the same periods stood at ₹1049.71 lakh, ₹1394.48 lakh, ₹561.83 lakh, and ₹437.71 lakh, respectively. The Amkay Products IPO was subscribed over 32.61 times on the first day of subscription.

F&O ban list: Two stocks have been banned for trade on Thursday, May 2, 2024, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as they crossed 95% of the market-wide position limit (MWPL), according to the NSE. However, the stocks will be available for trading in the cash market.

Bitvavo, the Amsterdam-based cryptocurrency exchange known as the largest EUR spot exchange globally, announced a strategic collaboration with Figment on May 1, a leading provider of staking infrastructure. The partnership sees Bitvavo leveraging Figment’s institutional-grade infrastructure to power its staking services.

As the US market navigates a delicate path to recovery, a significant number of retirement-age investors are focusing more on securing their financial futures rather than pursuing aggressive growth.

Vladimir Putin-led country. Earlier, the Delhi Police had revealed that the email used tov threaten over 100 schools in the Delhi-NCR in the early hours of Wednesday, had contained the word ‘Swaraiim’. ‘Swaraiim’ is an Arabic word used by the Islamic State, a transnational Salafi jihadist group, since 2014, said Delhi Police, adding that they used this term to spread Islamist propaganda.

₹5,400 crore to boost production capacity and make acquisitions. The company’s investment strategy involves pursuing growth through a blend of organic and inorganic expansions over the next three years. It will finance the acquisitions and capacity additions mostly through internal accruals.

ALSO READ: Microsoft basks in AI glory, revenue up 17% to $61.9 billion That’s comparable to about 10 nuclear power plants and reflects the turbocharged demand for electricity from data centers and artificial intelligence. Technology companies are clamoring for more clean energy to meet their own climate goals, just as overall energy demand is rising. “It is absolutely the largest single announcement for a corporate clean-power purchase agreement ever," BloombergNEF analyst Kyle Harrison said in a message.

Mastercard reported first-quarter profit that exceeded Wall Street expectations on Wednesday, on higher card spending by consumers despite rising borrowing costs and persistent inflation. Wage growth and a tight labor market have ensured job security for card users, allowing them to spend without restraint even as the Federal Reserve keeps monetary policy tight.

bomb threat email sent to over 130 schools in the Delhi-NCR region, as the initial probe hinted at a deeper conspiracy by a terror group during the Lok Sabha elections, officials said on Wednesday. A case has been registered under relevant sections of law for offences like conspiracy and threat by the Special Cell and a dedicated team formed to conduct the investigation, an official said. «The matter is related to national security. It needs a deeper probe,» the official said. In a scare of unprecedented scale, over 130 schools in the Delhi-NCR area received an identical bomb threat by email early Wednesday, triggering mass evacuations and searches as panic-stricken parents rushed to pick up their children.

security posts, including 18 in 2024, have been set up by the Central Reserve Police Force (CRPF) in states affected by Left Wing Extremism (LWE) in the last four years, providing a significant advantage to the security forces in the fight against the Naxals, officials said on Wednesday. Most of the posts, known as forward operating bases (FOBs), were set up deep inside forest areas, which were out of bound for government officials and security forces till their establishment. The CRPF has set up 18 FOBs so far in 2024. Thirty-one such posts were established in 2023, 48 in 2022 and 28 in 2021, an official said. With the establishment of these posts, the security forces fighting the Naxals have got a significant advantage, the official added.