Security Financial News

26.04 / 01:13
Provident Citizens security Election BAY Features Lok Sabha Elections 2024 Phase 2: BJP treads cautiously in Assam's Silchar, keeps contentious CAA issue at bay
National Register of Citizens (NRC) and the Citizenship Amendment Act (CAA), Silchar is a tough contest in the making. Assam had published an NRC in 2019, which did not feature the names of several residents of Silchar. While the CAA was passed in December 2019, its rules were notified last month just ahead of the announcement of the Lok Sabha Elections 2024 schedule.
26.04 / 00:27
markets Booking security WhatsApp Trade Voda Idea FPO shares list much above offer price
Shares offered in the Vodafone Idea follow on public offer (FPO) listed at ₹11.8 apiece on the NSE on Thursday, about 7.3% above the FPO price of ₹11. The shares were listed at ₹12 on BSE and closed at ₹13.8, after a gain of 5.3%. Thursday was also the day when the highest ever quantity of Vodafone Idea shares were traded. After the offer, the company's market capitalisation was at ₹91,747.17 crore on Thursday. «A lot of HNIs and retail investors had subscribed to the FPO with an arbitrage point of view,» said Jimeet Modi, founder, Samco Securities. «They have locked their gains and booked profits and moved on from the company.»
25.04 / 23:09
Provident Reuters Digital ETF Racing security reports Hong Kong set to approve first crypto ETF
The move would make Hong Kong the first domicile in the Asia-Pacific region to approve a crypto-backed, exchange-based investment fund. It would also put the island in prime position in the race to become the digital assets hib for the region.
25.04 / 20:45
markets Progressive CEO JPMorgan security economy Interviews Jamie Dimon is skeptical about the odds of a 'soft landing'
JPMorgan Chase CEO Jamie Dimon on the Federal Reserve's rate trajectory, 2024 economy, looming bank regulations and artificial intelligence.
25.04 / 20:25
markets CEO Platform security CME Trade BGC Group's FMX Futures takes aim at 'heavyweight champ' CME
made minority equity investments into FMX Futures, valuing it at $667 million, BGC said in a statement on Thursday. FMX currently offers trading in cash U.S. Treasuries and spot currencies.
25.04 / 19:19
security Election Research Trade show tenor reports Adani Green Energy seeks $400 million loan for capex push
Adani Green Energy, which is looking to develop a 25 gigawatt portfolio by 2025, is in advanced talks with Rabobank, MUFG, SMBC and DBS for a $400 million loan, according to people familiar with the development. The loan is likely to be priced at a secured overnight financing rate (SOFR) plus 250 basis points with a five-year tenor, they said. A basis point is a hundredth of a percentage point. The renewable energy arm of Adani Group will use the funds for capital expenditure, said one of the persons, who did not wish to be identified.
25.04 / 19:15
Provident security Freedom Justice Diversity social Equality Talk of inheritance, expand the 'family'
intergenerational transfer of wealth is through family, legally defined as — and confined to — 'blood line' or by marriage. Securing the future of those closest to us is a powerful motivation to acquire wealth in the first place. But it assumes that our emotional bonds are strongest with those who only share ties of blood.
25.04 / 19:15
markets Booking security WhatsApp REC Ltd secures Japanese green loan of Rs 3,200 crore
REC Ltd on Thursday said it has secured a green loan for JPY 60.536 billion (about Rs 3,200 crore) to finance eligible clean energy projects. The green facility benefits from an 80% guarantee by Italian export credit agency, SACE (Italy). In January, the company had issued its first yen-denominated 61.1 billion green bonds under its $10-billion global medium term notes programme.
25.04 / 18:05
security Election Justice reports Features Courts SC to deliver verdict on pleas seeking 100% EVM-VVPAT verification tomorrow
technical clarifications from the Election Commission of India (ECI). During the hearing, the bench had extensively interacted with an Election Commission official to understand the workings of the EVMs and VVPATs and their security features, Live Law reported. The Association for Democratic Reforms (ADR) is one of the petitioners who sought a reversal of the Election Commission's 2017 decision to replace the transparent glass on VVPAT machines with an opaque glass through which a voter can see the slip only when the light is on for seven seconds.
25.04 / 18:05
COST UPS security Bajaj Finance Q4 hit by rural loan losses, RBI restrictions
₹17,607 crore, comprising 5.3% of aggregate consolidated AUM as on 31 March, as against 6.7% in the same period last year. In fact, Bajaj Finance said that risk metrics across all businesses were stable except rural b2c. “Good quarter on AUM, customer acquisition, portfolio metrics, and operating efficiencies.
25.04 / 18:05
COST CEO security community Trade stage country Tata Steel, UK unions reach deal; stage set for electric furnace at Port Talbot
Also read: Tata Steel CEO TV Narendran says UK job cuts ‘least bad option,’ will continue talks with unions Discussions will continue with the trade unions over the next two weeks on a potential Memorandum of Understanding on the future ambitions of the business and the impact of the restructuring on employees, the company further added. "Having looked carefully at all the options over the past seven months in consultation with union representatives, we have decided to proceed with our proposed restructuring and transition," Tata Steel managing director TV Narendran said.
25.04 / 18:01
security WhatsApp show track Vedanta demerger likely to get nod from lenders by May end
Vedanta by the end of May, a senior executive at the natural resources conglomerate told ET. «Right now, the file is with Sebi. The important step that remains is securing the lenders' approval,» group chief financial officer Ajay Goel said. Mumbai-listed Vedanta had announced a demerger in September last year. It intends to form six companies, each of which will house its different businesses — aluminium, power, oil and gas, base metals and steel. Goel reiterated that the demerger is on track to be concluded by the end of the calendar year.
25.04 / 18:01
UPS Citizens security Justice country Courts rights Supreme Court's stance on public-private partnerships raises governance questions
Supreme Court recognised the fundamental right of all citizens to be free from adverse impacts of climate change. This was in the context of a plea by environmentalists to protect the great Indian bustard from encroachment of its natural habitat by companies building wind and solar farms for expanding India's capacity for RE. Meanwhile, a political controversy has flared up on the question of whether private property belongs only to its present owner and his or her inheritor(s), or should return to the public with owner's demise. At the same time, a nine-bench of the Supreme Court is re-examining its interpretation in 1978 of constitutional rights to private versus public property. Here, too, the question is about the fair redistribution of wealth in society. These cases before the court point to fundamental questions about rule of law in a democracy. In a 'true' democracy, every human — whether she or he is wealthy or not, or having formal higher education or not — has an equal vote with others, and all voices must be heard while framing laws.
25.04 / 17:39
Provident Digital security WhatsApp 2020 Schools Courts NCLT admits insolvency plea against two Essel Group companies on Indiabulls Housing plea
Essel Group entities Primcomm Media Distribution Ventures Ltd and Essel Homes Pvt Ltd under the Corporate Insolvency Resolution Process (CIRP) after Gnex Realtech Pvt Ltd, an affiliate entity, defaulted on its dues of Rs 260 crore where these companies provided corporate guarantee. The Mumbai bench of the National Company Law Tribunal (NCLT), in applications filed by Indiabulls Housing Finance Ltd, also appointed Ravi Prakash Ganti as interim resolution professional (IRP) for these companies.
25.04 / 16:43
markets Provident security economy Remark community 5 Reasons Why Crypto Traders Think $SCORP Has Everything to Emulate FUNtoken’s Success
Released in 2017, FUNtoken quickly took the crypto community by storm thanks to its flurry of use cases. Providing a fast, secure, seamless, and open way to engage with the crypto community, this transparent token reached its all-time high in 2018, achieving a market capitalization of $46 million. 
25.04 / 16:43
markets Platform security community show social rights What’s Driving the Potential Increase in BEFE Coin Price?
The BEFE coin is gradually becoming the most talked about meme coin project in the crypto market right now. Especially now being a time when small crypto projects are in high demand from investors looking to secure a future profit. BEFE coin’s rise to glory lately has been driven primarily by the potential it has been showing as the meme coin to give investors bigger profits. Although It has been living up to the hype in the last 6 weeks, most investors are still confused about what’s driving the BEFE coin price . However, most of this confusion is just to confirm that the same factor that has driven the price in the past can still drive it in the future.
25.04 / 16:21
FIVE Gap security Research trends President reports Retirement confidence flagging for most older US adults: AARP
As they face a worrying gap in retirement savings, a majority of older US adults are feeling a declining sense of confidence, according to a new survey from AARP.
25.04 / 15:33
Provident security Rust Trade Actor information Videos Customers FTC sends $5.6 million in refunds to Ring customers as part of video privacy settlement
The Federal Trade Commission is sending more than $5.6 million in refunds to consumers as part of a settlement with Amazon-owned Ring, which was charged with failing to protect private video footage from outside access
25.04 / 14:41
UPS security Justice 2020 Essel Group entities admitted under insolvency following Indiabulls complaint
MUMBAI : Two Essel Group entities face bankruptcy proceedings for allegedly defaulting on repayments adding up to ₹520 crore. The National Company Law Tribunal on Thursday admitted Essel Homes Pvt. Ltd and Primcomm Media Distribution Ventures Ltd into insolvency for failing to repay ₹260 crore each.
25.04 / 13:41
Target security Trade War reports travelers Ship comes under attack off coast of Yemen as Houthi rebel campaign appears to gain new speed
A ship traveling in the Gulf of Aden has come under attack, the latest assault likely carried out by Yemen’s Houthi rebels over Israel’s ongoing war on Hamas in the Gaza Strip
25.04 / 13:35
markets UPS IPO Booking security band JNK India IPO subscribed over 28 times on final day. Check subscription, GMP and other details
The IPO comprised fresh equity of up to Rs 300 crore and an offer for sale (OFS) of up to Rs 84.2 lakh worth shares. Under the OFS, Goutam Rampelli, Dipak Kacharulal, JNK Heaters, Mascot Capital and Marketing, and Milind Doshi will offload shares.

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