Strategy Financial News
29.11 / 14:03
markets
Strategy
Experts
PAM
reports
Courts
Sambhal mosque survey: SC order to halt proceedings in lower court welcomed by both parties
Sambhal mosque survey case was welcomed by both parties to the case — the Hindu litigants who claimed that a temple stood at the site and the masjid committe that opposed it. The Supreme Court on Friday ordered a Sambhal trial court to halt proceedings in the case over the Mughal-era Shahi Jama Masjid, including a survey report it had sought on the matter. It directed the proposed report of the advocate commissioner following the mosque survey be kept in a sealed cover, till the appellate court including the Allahabad High Court heard the appeal of the mosque committee. Welcoming the order of the apex court, masjid committee's lawyer Shakeel Ahmed Warsi told PTI that the apex court order was a positive development.
29.11 / 14:03
markets
UPS
Citi
Gap
Strategy
Experts
PAM
Manchester City vs Liverpool live streaming: Prediction, kick off time, where to watch
Manchester City will play Liverpool in the top-of-the-table clash of English Premier League on Sunday. This will be Liverpool's home game but City will need to win the match to narrow the 8-point gap from leader Liverpool. The EPL soccer match between Manchester City and Liverpool is scheduled to kick off at 11 am (ET) on Sunday, December 1 at Anfield. One can watch live streaming of Liverpool versus Manchester City at NBC.com. The game will be live telecast at USA Network. Manchester City is likely to be defeated by Liverpool.
29.11 / 12:15
markets
Digital
Strategy
Healthcare
Experts
PAM
hospital
Aster DM, Blackstone's Quality Care announces merger, to be among top 3 hospital chains in India
Aster DM Healthcare and Blackstone- owned hospital platform Quality Care India Ltd (QCIL) on Friday said they have signed definitive agreements for a merger. The merged listed entity will be named as Aster DM Quality Care Limited. Blackstone will be the largest shareholder in the merged entity with about 30.7% stake, Aster promoters will have around 24% and the rest will be held by public and other shareholders including TPG which will hold 10.22%
29.11 / 12:15
markets
Digital
Strategy
Experts
PAM
Courts
Investigations
Dibrugarh Investment Scam: CBI files chargesheet against accused Ranjit Kakoty before a Guwahati special court
Central Bureau of Investigation (CBI) filed chargesheet against accused Ranjit Kakoty before the Special CBI Court, Guwahati in another Dibrugarh Investment Scam case. The case involves fraud amounting to Rs 260 crore and affecting approximately 1.5 lakh investors. The CBI successfully completed its probe against accused Ranjit Kakoty within 90 days of his arrest, culminating in the filing of this chargesheet. During the investigation, CBI employed advanced forensic tools to identify the majority of the investors who were victims of the fraudulent scheme perpetrated by the accused through the online platform www.tradingfx.live. The accused, Ranjit Kakoty, and his co-conspirators deceived investors through misleading plan documents, false promises, and other fraudulent practices, subsequently misappropriating their hard-earned money for personal enrichment.
29.11 / 12:15
markets
Digital
security
Strategy
Experts
PAM
UK intelligence chief accuses Russia of 'staggeringly reckless' sabotage campaign
MI6 chief Richard Moore said his agency and its French counterpart were working together to prevent a dangerous escalation by «calibrating the risk and informing the decisions of our respective governments» in response to President Vladimir Putin's «mix of bluster and aggression.» «We have recently uncovered a staggeringly reckless campaign of Russian sabotage in Europe, even as Putin and his acolytes resort to nuclear saber-rattling, to sow fear about the consequences of aiding Ukraine,» Moore said during a speech to diplomats and intelligence officials in France.
29.11 / 12:15
markets
Art
Digital
Strategy
PAM
Crypto boss Justin Sun eats banana art he bought for $6.2 million
Justin Sun on Friday fulfilled a promise he made after spending $6.2 million on an artwork featuring a banana duct-taped to a wall — by eating the fruit. At one of Hong Kong's priciest hotels, Sun chomped down on a banana in front of dozens of journalists and influencers after giving a speech hailing the work as «iconic» and drew parallels between conceptual art and cryptocurrency. «It's much better than other bananas,» Sun said after getting his first taste.
29.11 / 12:15
markets
Digital
Strategy
Election
Experts
country
Tough decisions have to be taken, need to learn from poll results: Mallikarjun Kharge at CWC meet
Mallikarjun Kharge on Friday asserted that «tough decisions» will have to be taken, accountability be fixed and shortcomings removed by learning lessons from the election results. In his address during the Congress Working Committee meeting at the AICC headquarters here, Kharge said he believes that the EVMs have made the electoral process «suspect» and stressed that it is the constitutional responsibility of the Election Commission to ensure free and fair elections in the country. Kharge also hit out at internal bickering in the party, and asserting that the lack of unity and statements against own party leaders harms the party a lot. «Unless we fight elections unitedly and stop making statements against each other, how will we be able to defeat our opponents politically?» the Congress president said.
29.11 / 12:13
COST
UPS
CEO
Strategy
Software
performer
2020
The most hated way of firing someone is more popular than ever. It’s the age of the PIP.
Subscribe to enjoy similar stories. In the messy business of getting rid of employees, the PIP is having a moment. A performance improvement plan is usually a list of tough-to-achieve goals to be completed within 30 to 90 days.
29.11 / 12:13
Action
Strategy
Charity
Death
Luna
recommendations
donates
Warren Buffett talks to his kids about his will. You should too.
Subscribe to enjoy similar stories. Warren Buffett wants you to talk to your family about your will. The legendary stock picker, 94, shared his strategy this past week for how to pass wealth on to the next generation while minimizing family conflicts.
29.11 / 12:13
UPS
Citi
IPO
Strategy
Citigroup
International
A simpler Citigroup begins to take shape
Subscribe to enjoy similar stories. Citigroup is nearing an important milestone in efforts to spin off its Mexican consumer bank, an important part of chief executive Jane Fraser’s turnaround strategy. The bank said it would complete a split next week of the systems that underpin Banamex from the rest of its operations in Mexico.
29.11 / 12:05
markets
Citi
Strategy
Parke
awards
PAM
techno
park
DLF to sell Kolkata IT park for Rs 637 crore
DLF Info City Developers (Kolkata) Ltd., a wholly owned subsidiary of DLF Cyber City Developers Ltd, the rental arm of DLF, has entered into definitive agreement to sell and transfer its Kolkata Tech Park 1 business undertaking to RDB Primarc Techno Park LLP ( An affiliate of Primarc & RDB group), for Rs 637 crore. “This is reflective of the value embedded in our core assets created over the years with good quality tenant partners and asset management. It also demonstrates our commitment to continuously enhance shareholder value,” said Sriram Khattar, Vice Chairman & MD, DLF Rental Business. Kolkata Tech Park 1 is one of the largest IT Park in eastern India with gross leasable area of approximately 1.49 million sq ft.
29.11 / 12:05
markets
Digital
Strategy
awards
Experts
PAM
International
GAIL signs long-term charter contract with K-Line for LNG ship
The LNG ship will be a modern two-stroke vessel having a tank capacity of 1,74,000 cubic metres and will be built by Samsung Heavy Industries Co Ltd, Korea, with which the ship owning company has concluded a shipbuilding contract. The contract was signed in the presence of R K Jain, GAIL Director (Finance), Sanjay Kumar, GAIL Director (Marketing), and R K Singhal, GAIL Director (Business Development) by S Bairagi, GAIL Executive Director (Marketing — Shipping & International LNG) and Satoshi Kanamori, Managing Executive Officer (LNG, Carbon Solution Business), K-Line.
29.11 / 12:05
markets
security
Strategy
War
PAM
information
Israeli bus attacked in West Bank, at least eight injured
Israeli troops, the military and emergency services said on Friday. Israel's MDA medical service said four people suffered gunshot wounds, with three in a serious condition, while four others were hurt by flying glass. There was no initial information about the identity of the attacker.
29.11 / 09:59
markets
Digital
Strategy
Align
Experts
Diversity
International
Nasscom unveils 'The Developer's Playbook' for responsible AI in India
Nasscom has unveiled 'The Developer's Playbook for Responsible AI in India', amid challenges faced by developers in navigating complex and rapidly-evolving AI risk management landscape. The playbook offers a voluntary framework for developers to identify and mitigate the potential risks associated with the commercial development, deployment, and use of AI in India. «Recognising the challenges faced by developers in navigating the complex and rapidly evolving AI risk management landscape, the Nasscom Responsible AI Hub… unveiled The Developer's Playbook for Responsible AI in India,» Nasscom said in a release. The playbook was launched at the inaugural edition of Confluence for Responsible Intelligence (RICON) in New Delhi.
29.11 / 09:45
markets
Digital
Strategy
Hyundai
Experts
information
reports
Hyundai Motor India refutes claims of Rs 7,300 crore fine over emission breach
Hyundai Motor India denied the media reports claiming that the company, along with other automobile manufacturers like Mahindra and Kia, could face a penalty of Rs 7,300 crore for breaching fleet emission levels. Hyundai refuted the reports and said that they are based on «extrapolations» that are not grounded in facts. The company pointed out that the articles were based on an incorrect assumption—that the 2022 amendments to the Energy Conservation Act, 2001 (EC Act), which impose stricter penalty norms, were in effect before January 1, 2023. According to HMIL, the new regulations only came into effect at the start of this year, and any claims of penalties prior to that are «fictional» and unsupported by the law.
29.11 / 09:45
markets
Digital
Google
Strategy
Experts
AVP
Saturday bank holiday: Are banks open or closed this Saturday, November 30?
Every year, the Reserve Bank of India announces holidays for banks in three categories: the Negotiable Instruments Act Holiday, Real Time Gross Settlement Holiday, and Banks' Closure of Accounts.
29.11 / 09:45
markets
Digital
Strategy
Experts
social
Videos
Colleges
Bengaluru Viral Video: Landlord denies flat to 20-year-old woman for being too young, Triggers online debate
Bengaluru recently shared her experience of being rejected for a flat due to her age, sparking both sympathy and criticism on social media. Naina, who had been looking for an apartment in the city, was turned down by a potential landlord after visiting a flat she liked. In an attempt to highlight her strengths as a flatmate, Naina created a PowerPoint presentation to showcase her best qualities.
29.11 / 08:59
markets
UPS
Digital
Strategy
Experts
PAM
reports
States’ budgeted revenue mop-up in 2024-25 to beat pre-Covid level: PRS report
central transfers, according to a report by PRS Legislative Research. States have budgeted their combined revenue mop-up at 14.3% of gross state domestic product (GSDP) for 2024-25, compared with 13.3% in the last fiscal and 13.8% in the pre-Covid year of 2018-19, the report said. While the pandemic flared up in India in 2020-21, it did impact economic output towards the end of 2019-20, especially in the wake of a lockdown in late March in 2020, although the slowdown had set in before the Covid onslaught.
29.11 / 08:59
markets
Digital
Strategy
Experts
PAM
social
Courts
Kolkata: ED arrests two promoters of Prayag group in chit fund scam
money laundering case, the agency confirmed on Friday. The special CBI court granted 10 days custody of both the accused. According to ED, the duo are alleged to be involved in a chit fund scam, and is accused to defrauding the public by collecting deposits worth Rs 2,800 crore under false promises.
29.11 / 08:59
markets
Digital
Entertainment
Strategy
Food
Experts
PAM
'Prasad' in temples: SC refuses to examine plea raising food quality concerns
«We are not inclined to entertain the present petition in as much as the prayers made in the petition are within the domain of policy of the state,» the bench noted, «if the petitioner so desires, he may make an application to the appropriate authority which would be considered in accordance with law». The petitioner's counsel asserted that the PIL did not seek publicity while referring to news reports over people falling ill after the consumption of food offerings or «prasad» at various temples.
29.11 / 08:59
markets
Digital
Booking
Strategy
Experts
PAM
travelers
Dubai's new visa rules complicate travel for Indians staying with relatives
Dubai are causing concern, especially for those planning to stay with family. Travelers now need to provide their host's rental agreement, Emirates ID, residence visa copy, and contact details during the visa application process. These changes coincide with the start of the Dubai Shopping Festival (Dec 8-Jan 14), a popular event for Indian tourists. The new rules also require hotel booking documents and return ticket details for all Indian tourists. However, the added documentation for those staying with relatives is proving difficult.
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