Security Financial News

02.04 / 02:05

Provident Progressive CEO security wellness inclusion International NBFC Namdev Finvest raises $20 million in equity funding

BENGALURU : Non-banking finance company Namdev Finvest Private Ltd (Namdev) on Tuesday said it has raised $20 million in an equity round in its pre-series-C funding. The investment round was led by Maj Invest Financial Inclusion Fund III K/S who has put in $16 million, with participation from Promoters Group & Employees who have put in about $3 million. Founded in 2013 by Jitendra Tanwar, Namdev provides financial solutions to underserved populations in rural areas and has a presence across seven north-western Indian states.

02.04 / 01:19

Kucoin ETF SEC coinbase security Trade Bitcoin Cryptocurrency Market News: Spot Bitcoin ETF’s Q1 Haul, Bankman-Fried’s Prison Sentence

Bitcoin (BTC) began the week trading in the red, below $70,000, after staying above that level most of the previous week. The cryptocurrency closed the first quarter of the year with gains of roughly 68%, driven in large part by spot bitcoin exchange-traded funds that amassed over $12 billion of net inflows since January.

02.04 / 00:35

markets security WhatsApp reports Multiple price auctions make a comeback

RBI) is reverting to the multiple price method for all auctions of government bonds, three years after the Centre's money manager had moved to the uniform price method to curb volatility in the sovereign bond market amid the Covid crisis. «On a review of the prevailing and evolving market conditions, the RBI, in consultation with the Government of India, has decided that all securities under the market borrowing programme of Government of India shall, henceforth, be auctioned using multiple price auction method,» the RBI said on Monday.

01.04 / 21:49

security WhatsApp rights India inc’s fundraising via bonds touches record Rs 9.77 l cr in FY24

fundraising in FY24 despite equities witnessing a record-breaking run. Fund mobilisation through privately placed corporate bonds touched a record high of Rs9.77 lakh crore in FY24 — a 15% increase over the previous year’s record of Rs 8.52 lakh crore.

01.04 / 20:57

COST security economy Pool Food country reports Food security: Its efficient management is a win for India

₹4.63 trillion. The latest step in this direction, taken in February 2024, has been an enhancement of the authorized working capital of FCI from ₹10,000 crore to ₹21,000 crore. Traditionally, these operations have been financed through food credit.

01.04 / 20:57

Target security Southern War hospital reports Israel clears way to shutter Al Jazeera. Netanyahu says 'terror channel' airs incitement

war in Gaza. Neither Qatar nor the broadcaster immediately commented. Israel has long had a rocky relationship with Al Jazeera, accusing it of unfair bias against Israel.

01.04 / 20:01

Provident Landmark Gap security community Bill show Washington governor signs auto-IRA legislation

The movement to adopt state auto-IRAs has taken another step forward with new legislation in Washington to address the retirement savings gap for millions of its residents.

01.04 / 19:09

Aviat security Boeing SPY Cathay Trade performer Air Canada’s Hong Kong jet maintenance deal amid China discord raises security concerns

Air Canada has awarded a Hong Kong company a major contract to perform heavy maintenance on 56 of its wide-body jets, sparking concerns about Chinese spies bugging the planes and aircraft becoming trapped in China if a military conflict erupts with Taiwan.

01.04 / 18:47

Provident Entertainment security Align beautiful Features Wall-mounted bar cabinets

Moreover, these cabinets offer practicality by allowing you to arrange all your bar essentials in one centralized place. You can neatly organize your liquor bottles, glasses, mixers, and bar tools with dedicated shelves, racks, and compartments. This creates a visually appealing display and makes it convenient for you to access and use your bar items whenever needed. The beauty and grace of a well-organized bar cabinet can transform your living area into a sophisticated and welcoming space for entertaining guests or enjoying a relaxing drink after a long day.

01.04 / 18:03

markets IPO Booking security Trade Experts K2 Infragen IPO: SME issue subscribed 1.44 times on day 2, check GMP and other key details

₹111 to ₹119 per share. Investors can bid for a minimum of 1200 shares and in multiples thereof. The minimum amount of investment required by retail investors is ₹142,800.

01.04 / 18:03

Provident security wellness Healthcare hospital medicines guidelines Ayurveda, alternative medicine to get an accreditation nudge

Ayurvedic wellness centres, homeopathy clinics and Unani hospitals across the country may soon have integrated accreditation standards, as the government pushes to widen the reach and popularity of alternative medicine. The National Accreditation Board for Hospitals and Healthcare (NABH) has requested stakeholders’ views on common accreditation standards it plans to issue by June, chief executive Atul Mohan Kochhar said. The decision was taken to ensure ease of business for the wellness centres, he added.

01.04 / 18:03

markets UPS security Trade information Bourses direct brokers to follow RBI circular on currency derivatives

MUMBAI : In late evening circulars stock exchanges NSE and BSE directed their member-brokers to take note of the Reserve Bank of India (RBI) notification of 5 January on hedging of foreign exchange risk, which restricts the use of exchange traded currency derivatives (ETCD) to hedging only from 5 April onwards. The circulars , according to some brokers, could spell the end of the 16-year-old ETCD as most of those who infuse liquidity into the market—proprietary and retail clients—act as counterparties to hedgers.

01.04 / 17:03

UPS Man security Mobile Death hospital Banda jail superintendent receives death threat hours after Mukhtar Ansari's death, case lodged

Banda jail, where gangster-politician Mukhtar Anasari was lodged before he died last week, received a death threat on his phone, police said on Monday. Ansari, a five-time MLA, was lodged in the Banda divisional jail. When his health deteriorated on Thursday, he was sent to a government hospital, where he later died. According to police, an unidentified man made a threat call on the jail superintendent's phone within hours of Ansari's death. Banda Additional Superintendent of Police (ASP) Lakshmi Niwas Mishra told PTI that a case has been registered on the matter and the security of Senior Superintendent of Banda jail, Viresh Raj Sharma, has also been stepped up.

01.04 / 17:03

markets Provident security Healthcare reports Schools Profiles OpenAI removes Sam Altman's ownership of its Startup Fund

OpenAI has changed the governance structure of its venture capital fund that backs AI startups, so its high profile chief executive Sam Altman no longer owns or controls the fund, according to a filing with the US Securities and Exchange Commission (SEC). The change, documented in the March 29 filing, came after Altman's ownership of the OpenAI Startup Fund raised eyebrows for its unusual structure--while being marketed similar to a corporate venture arm, the fund was raised by Altman from outside limited partners and he made investment decisions. OpenAI has said Altman does not have financial interest in the fund despite the ownership.

01.04 / 16:51

Citi Platform security Southern Research Fulton Diversity acquires Clearstead acquires $5B wealth firm

RIA Clearstead Advisors is boosting its status among top wealth managers as it secures the assets of Virginia-based Wilbanks Smith and Thomas Asset Management.

01.04 / 15:49

Provident security Strategy Death President AIG WealthVest adds new wholesale team to add to growing Aspida annuities sales

WealthVest has deployed a new nationwide distribution team to focus on its partnership with life insurance and annuities firm Aspida.

01.04 / 15:33

markets UPS Target Gap security Trade BlockDAG, ApeCoin, and SEI in the Cryptocurrency Market

BlockDAG (BDAG) is blowing up in the presale market, having already secured $9.9 million and eyeing a significant 1566% ROI potential for its early investors. The current SEI price prediction for 2024 anticipates SEI rising by 230.32% to reach $2.80 by April 25, 2024. This is supported by positive market sentiment, with the Fear & Greed Index indicating "Extreme Greed" at a level of 83.

01.04 / 14:55

UPS IPO security blues reports rights Maharashtra based supermarket chain Patel Retail Limited files DRHP for IPO

₹10 per equity share, is a mix of fresh issue of shares of up to 90.18 lakh and an offer for sale of up to 10.02 lakh equity shares by Promoter Selling Shareholders. The sale offer comprises up to 7.68 lakh equity shares by Dhanji Raghavji Patel and up to 2.34 lakh equity shares by Bechar Raghavji Patel, with a provision for eligible employees to subscribe.

01.04 / 14:55

Target security Align country reports rowing India's record coal output tad shy of 1 billion tonne target

NEW DELHI : India's coal production touched a new high of 997.4 million tonnes in fiscal year 2024 (FY24), marking an 11.67% increase from the previous year, but falling short of the 1-billion-tonne target, the coal ministry said in a statement on Monday. In FY23, output stood at 893.19 million tonnes. However, the cumulative production of coal and lignite surpassed the milestone with a record 1.04 billion tonnes, the ministry said.

01.04 / 14:55

markets IPO security trends Experts performer inclusion Bharti Hexacom, Swiggy, Ola Electric — over 56 firms ready to raise ₹ ₹70,000 cr via IPO in FY25. What expert says

₹70,000 crore, equivalent to $8.4 billion, in FY25. Moreover, 19 companies have already secured the Securities and Exchange Board of India (SEBI) approval to raise a substantial ₹25,000 crore. Bharti Hexacom, Go Digit Insurance, Swiggy, Ola Electric, Waaree Energies and Brainbees Solutions are some of the most awaited IPOs in FY25.

01.04 / 14:55

markets Provident security information guidelines Videos Updates What are the KYC norms for opening a demat account? MintGenie explains

demat account is a crucial step for investors looking to invest directly in the stock market. However, before diving into the world of trading and investments, individuals must adhere to certain KYC (Know Your Customer) norms mandated by regulatory authorities. These norms serve to verify the identity and credentials of account holders, ensuring transparency and security in financial transactions.

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