Security Financial News

indicted jailed former Prime Minister Imran Khan and his third wife Bushra Bibi on Tuesday on charges that they allegedly received land as a bribe by misusing his office during his premiership, his party said. The latest charges follow a string of convictions against Khan in the months leading up to the Feb. 8 national election, where his supporters won the most seats overall.

Also Read: FPI holdings of Indian stocks dip to a decadal low of 16.3% in January In the chemical sector, HDFC Securities has a ’Buy’ rating on Navin Fluorine, Galaxy Surfactants, Neogen Chemicals and Aether Industries. Here are stocks to buy in the chemical sector.

Small and mid-sized funds have seen high inflows, causing concern among authorities about how they would hold up in the event of a sharp market selloff. The Securities & Exchange Board of India (SEBI) has also been reviewing stress tests conducted by such funds, sources have previously said.

Bitcoin price soared to a two-year high, touching nearly $57,000 in Asian trading, marking a significant milestone in the cryptocurrency’s journey.

₹9,861 crore to acquire Reliance Capital, which was subsequently approved by the administrator. The bid also received overwhelming support from creditors, with a 99% majority voting in favour. However, Hinduja was embroiled in a legal battle with Ahmedabad-based Torrent Investments regarding the submission of bids under the corporate insolvency resolution process (CIRP).

Also Read: IRCTC, Piramal Ent among 6 stocks that can jump 8-23% in the next 3-4 weeks The Nifty 50, which represents the country’s top 50 blue-chip companies across various sectors, has notched up several record highs this month, posting a nearly 2% gain. The mid-and small-cap stocks, on the other hand, have continued their winning momentum in CY24, showing no significant signs of cooling off despite trading at elevated valuations.

₹62 lakh crore worth Indian stocks as of January 2024-end, against the aggregate market capitalisation of ₹380 lakh crore. This implies that FPI holdings in Indian equities fell further to 16.3% at the end of January 2024, which is a decadal low, from 16.6% as of November 2023, according to ICICI Securities.

Insurance Regulatory and Development Authority of India (IRDAI) represents a noteworthy development. The draft regulations it has introduced carry potential implications that could be advantageous for policyholders. The document, named “Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests and Allied Matters of Insurers) Regulations, 2024", brings together eight separate regulations into a unified and comprehensive framework.

LinkedIn's new AI feature will make it easier to draft your first message According to the LinkedIn's latest ‘Workplace Learning Report’, companies in India are focussing on enhancing employees’ skills for greater confidence and job security by offering online training and development programmes. As many as 54% of the firms are providing opportunities for hands-on experimentation with Gen AI tools.

Sanofi India with a target price of Rs 9170. The current market price of Sanofi India Ltd. is Rs 9039.3. Sanofi India Ltd., incorporated in the year 1956, is a Mid Cap company (having a market cap of Rs 20816.69 Crore) operating in Pharmaceuticals sector.

Upper House are elected for a term of six years, and hence polls are held every two years for 33 percent of the seats. Rajya Sabha Seat Allocation Currently, the Rajya Sabha has a strength of 245 members representing States and Union Territories including Delhi and Puducherry. Out of the total 245 members, 12 are directly nominated by the President who are veterans in the fields of art, literature, sports, science, etc. Based on population, each state is allocated a certain number of seats in the Upper House. For instance, Uttar Pradesh has 31 Rajya Sabha seats while Goa has one. Members of the state legislative assemblies choose Rajya Sabha members through an indirect election system of proportional representation by means of a single transferable vote (STV).

bomb threat call was received at the Indira Gandhi International Airport in the national capital on Tuesday, which later turned out to be a hoax, Delhi Police said. According to official, the hoax call of bomb threat was received at the airport at around 5.15 am regarding a flight from Delhi to Kolkata, which was scheduled to depart from IGI Airport After an inquiry, the call was found to be bogus, Delhi Police said.

Indian Hotels Company Ltd. traded 1.73 per cent up at Rs 589.75 at around 10:30AM (IST) on Tuesday. The stock had closed at Rs 579.7 in the previous session. Equity benchmark Sensex traded 45.61 points lower at 72744.52 around the same time.

₹1,125 from ₹1,265. The new target price implies a potential downside of 11 percent. The firm's operating profit margin (OPM) has declined to 5 percent in the nine months ended FY24 against 9-12 percent in FY15-21, the brokerage said.

market conditions. At the age of 38, Shelby Davis initiated his investment journey with $50,000. Over time, he accumulated a wealth of $900 million, securing a position among the Forbes 400 wealthiest individuals before his passing at the age of 85 in 1994.

Check out all the LIVE updates on Rajya Sabha Elections 2024 here, Rajya Sabha Election 2024 LIVE: Former Himachal Pradesh Chief Minister and BJP leader Jairam Thakur said he expects party candidate Harsh Mahajan to win in the Rajya Sabha elections underway in the state. "Our candidate for Rajya Sabha elections is Harsh Mahajan. I want all MLAs to vote and we expect our candidate to win.

The Times of Israel report, the Interior Ministry of the state, in coordination with the IDF Home Front Command and the Israel Police, will carry out security checks every two hours on election day. Voters would cast their vote amid tight security arrangements, informed Director General at the Interior Ministry of Israel, Ronen Peretz, at a pre-election briefing earlier this month.

₹1,430 back then to ₹2,008 now at 2011-12 prices (adjusted, i.e., for inflation), and in urban India, it went up from ₹2,630 to ₹3,510. At current prices, our rural MPCE was ₹3,773, and urban, ₹6,459 in 2022-23. Given the span of a decade-plus, the gains made have been slow, but there is no evidence of the stagnancy that some critics feared.

New York because of hurdles to the listing in the US, according to people with knowledge of the matter. Shein, which was founded in China but is now headquartered in Singapore, is in the early stages of exploring the London option as it has judged it unlikely that the US Securities and Exchange Commission will approve its IPO, the people said, asking not to be identified discussing confidential information. Shein is still working on its application to list in the US as its preferred location, the people said.

Bharatiya Janata Party (BJP) and the principal Opposition Samajwadi Party, seemed to have enough members in the UP state assembly to elect seven and three Rajya Sabha MPs, respectively. However, the BJP forced a contest at the last moment by fielding its eighth candidate, thus necessitating an election. The eighth BJP candidate, Sanjay Seth, filed his nomination papers at 1:30 pm, just ahead of the 3 pm close of nominations on February 15.

Sensex dropped 352.67 points to close at 72,790.13, while the Nifty 50 declined 90.65 points, or 0.41%, to settle at 22,122.05. Nifty 50 formed a small negative candle on the daily chart, which indicates follow-through weakness post new high formation. “The market is still placed in a broader range movement and one may expect buying to emerge from the lower levels.