Security Financial News

Suzlon Energy shares are currently trading at a 26% discount from their 52-week high of ₹50.6 per share, while Inox Wind shares are trading 30% lower than their one-year high of ₹648 per share. Recognising this correction in the stocks as a favorable buying opportunity, domestic brokerage firm ICICI Securities has upgraded its rating on these two stocks.

Check all the LIVE updates on farmers' protest Kisan Mahapanchayat here,Congress leader Rahul Gandhi on Thursday said the opposition INDIA alliance, if voted to power, will be the "voice of farmers" and frame policies to protect them.He was addressing a farmers' rally at Chandwad in Maharashtra's Nashik district along with NCP (SP) head Sharad Pawar and Shiv Sena (UBT) MP Sanjay Raut, as part of the Congress' ongoing 'Bharat Jodo Nyay Yatra'.On security arrangements at Chilla Border, DIG, Addl. CP (L&O), Shivhari Meena says, "Security arrangements have been made at the borders.

SpiceJet's commitment to providing seamless connectivity and enhanced services to its passengers during peak travel seasons. The additional aircraft will enable the airline to meet the growing demand for air travel, particularly during the busy summer months," as per the release. On March 7, SpiceJet announced the successful resolution of a ₹413 crore dispute with Echelon Ireland Madison One, resulting in savings of ₹398 crore and the acquisition of two airframes, as per the statement.

Government securities, commonly known as G-secs, are debt instruments issued by both the central and state governments to raise funds from the public. These funds are used by the government to finance a range of projects, from everyday initiatives to special infrastructure projects or even military operations. G-secs function like loans to the government, with the paid interest serving as the return on investment. 

IRB Infrastructure Developers Ltd. IRB Infrastructure Trust is an infrastructure investment trust registered with the Securities and Exchange Board of India.

Foreclosure may have an adverse and lasting impact on your credit score. But first of all, let us understand what a foreclosure is. It refers to a legal process in which a lender attempts to recover the unpaid loan from a borrower by forcing the sale of asset that was given as the collateral.

Elon Musk. Initially, Musk invited Lemon to host a new show on X (formerly Twitter), promising full support. During a chat with CNN’s Erin Burnett, Lemon revealed key points from their 90-minute discussion, touching on various subjects.

Being in the limelight in the rapidly evolving digital currency industry, Bitgert has captivated all eyes towards its ecosystem. In recent months, we have observed the price of Bitgert rising significantly, attracting more investors to its project. Setting itself apart from other projects in the industry, its dominance stems from multiple factors. Such factors include innovative technology, community-driven ethos, practical use cases, transparency, security, strategic partnerships, active community engagement, and eco-friendly initiatives. This is the first project which focuses on every concern of the cryptosphere.

profit booking in the previous session, Indian equity indices opened in the red for the second straight session on Thursday. Selling pressure was seen across all sectors. The BSE Sensex was trading 252 points or 0.35% lower at 72,509. Nifty50 was trading at 21,930, down 68 points or 0.31% at around 9.20 am.

Microsoft will widen the availability of its artificial intelligence-powered tool for cybersecurity professionals from April 1 and adopt a 'pay-as-you-go' strategy for the assistant, the company said on Wednesday. Soft-launched last year, 'Security Copilot' lets analysts run queries through a simple prompt box to help with tasks like summarizing incidents, analyzing vulnerabilities and sharing information with co-workers on a pinboard.

Krystal Integrated Services will open for subscription today. The issue consists of fresh equity sale worth Rs 175 crore and an offer for sale (OFS) of Rs 125 crore. Ahead of the IPO opening, the company has raised Rs 90.04 crore from 10 anchor investors including BofA Securities, Aegis Investment Fund, PCC, Saint Capital Fund among others.

broader Indian market, which is now an underperformer in Asia Pacific after a multi-year rally. An index of small-cap stocks has lost more than $80 billion in market value in less than two weeks after authorities flagged risks of overheating and guided funds to limit purchases. The selloff deepened on Wednesday, with gauges of small- and mid-cap stocks plunging more than 4% each.

TikTok, which boasts millions of American users, citing national security worries linked to its Chinese parent company, ByteDance. As per the Bill, ByteDance would have to divest from TikTok within 165 days or leave America. Only if ByteDance opts to sell off its interests could the app continue its US operations.

The Indian stock market is undergoing some turbulence. Its benchmark index fell 1.2% on Wednesday. The drop was steeper in the prices of mid- and small-cap stocks, whose indices went down by 4% and 5%, respectively.

Delhi High Court judge, to adjudicate whether or not there is sufficient cause for declaring the Jamaat-e-Islami, Jammu and Kashmir (JeI) as an 'unlawful association'. The Ministry of Home Affairs (MHA) issued a notification in this regard on Wednesday. «Jamaat-e-Islami, Jammu and Kashmir (JeI) has been declared as an unlawful association, vide notification dated February 27, 2024, published in the Gazette of India, Now, therefore, in exercise of the powers conferred by sub-section (1) of section 5 read with sub-section (1) of section 4 of the Unlawful Activities (Prevention) Act, 1967 (37 of 1967), the Central Government hereby constitutes the Unlawful Activities (Prevention) Tribunal consisting of Justice Navin Chawla, Judge, High Court of Delhi, for the purpose of adjudicating whether or not there is sufficient cause for declaring the Jamaat-e-Islami, Jammu and Kashmir (JeI) as unlawful association,» the MHA stated in its notification.

The Financial Industry Regulatory Authority Inc. went back to carrying a big stick last year as the fines it imposed on brokerage firms reached $89 million, a 63 percent increase compared to $54.5 million in 2022, according to a new report by the law firm Eversheds Sutherland.

India's call for a permanent seat in the world body. Addressing a media briefing in the national capital on Wednesday, the Belarussian Foreign Minister stressed the urgency for reforms in the UNSC, adding, «We (Belarus) also discussed this issue and are convinced that UNSC reforms should be facilitated. It is a long-lasting issue which is being discussed within the UN, taking into account the very fragile situation in the world today.» «We also expressed ourselves during the 78th Session of the General Assembly and in our official statement during the 78 Session of the General Assembly, we made it very clear that we would support the accession of India to the Security Council,» he added.

Crisil Ratings has said that the Reserve Bank of India's regulatory measures will directly impact JM Financial Products' business in IPO financing and lending against shares, while restrictions placed on IIFL Finance will reduce its overall assets under management. CareEdge, Crisil, and ICRA Ratings have placed IIFL Finance under rating watch following the RBI ban on giving new gold loans. Neither of the rating companies has revised the ratings of both finance companies.

investment in the 'hybrid' category, which reflects activity in real estate investment trusts (REITs) and infrastructure investment trusts (InvITs), has climbed to $875 million so far in 2024, the highest in four years, fuelled by a recent infrastructure offering that attracted significant foreign capital. Data released by the National Securities Depository (NSDL) showed the increase in FPI investment in the hybrid category was primarily driven by $842 million worth of overseas investment in February. FPI investment was at $3 million in January, and it stood at $30 million in March so far, the data showed.

equity benchmarks tumbled nearly 1.5% on Wednesday, defying Wall Street's overnight gains, as investors spooked by the recent freefall in small-cap and mid-cap stocks rushed to offload riskier holdings. Brokers pushed traders to liquidate bets in smaller shares bought on loans following the capital market regulator's recent warnings of 'froth' and 'bubble' in pockets of the market. This sent the Midcap 150 and Smallcap 250 indices plunging 4.2% and 5.2%, respectively-their biggest single-day fall in two years.

IIFL Finance passed a resolution to raise ₹2,000 crore comprising a rights issue of ₹1,500 crore and non-convertible debentures of ₹500 crore, according to a statement issued by the company on Wednesday. The company said that it plans to raise ₹1,500 crore by way of fast track rights issue before the end of June 2024 while the NCDs will be raised by this month-end.