Markets regulator Sebi on Wednesday barred former CEO of IndusInd Bank, Sumant Kathpalia, and four other senior officials from accessing the securities markets in connection with an alleged insider trading in the bank's shares. In addition to the market ban, Sebi has impounded Rs 19.78 crore collectively from the five individuals, according to an interim order passed by the regulator.
'Who tried engine relight?' 'If the first officer was the one flying at takeoff, the captain may have taken control immediately post-thrust loss.' 'But the AAIB report doesn't clarify any of this.'
He was seeking a new purpose -- something to reignite his passion and spark a personal resurgence. But under the current team management, Kohli felt that he wasn't getting the environment, autonomy, or energy he needed.
'The chief minister believes the poorest of the poor have the first right on government resources.'
'We remain in touch with the Chinese side, in Beijing as well as in Delhi, to bring predictability in the supply chain.'
Regularly monitor your account for any suspicious activity. Keep your devices updated with the latest security patches to prevent vulnerabilities. Ensure the physical wallet you use is stored securely to avoid loss or theft.
Iranian Foreign Minister Abbas Araghchi visited Pakistan and called on both India and Pakistan to "exercise restraint" amid rising tensions between the two countries following the Pahalgam terror attack. Araghchi, who is scheduled to travel to India on Thursday, emphasized the importance of easing tensions and preventing further escalation. During his talks with Pakistani officials, Araghchi and Pakistani Foreign Minister Bilawal Bhutto Zardari reaffirmed their commitment to strong Pakistan-Iran ties and agreed to boost cooperation in trade, energy, and connectivity. Both sides also exchanged views on the situation in South Asia and the US-Iran talks, while agreeing that complex regional issues could be resolved through diplomacy and negotiations.
Six members of a family were found dead inside a car parked in Haryana's Panchkula, while one more died on the way to a hospital, police said on Tuesday, suspecting a suicide pact. Police are investigating the incident from all angles.
The shareholders of Zomato have approved a special resolution to rename the firm 'Eternal', the company informed in a stock exchange filing. The brand name of the company's food delivery business Zomato will remain the same, along with the app. Eternal will comprise four major businesses (as of now) -- Zomato, Blinkit, District, and Hyperpure.
Dwaipayan Bose explains what momentum investing is, how it works, why it generates higher returns and has higher wealth creation potential.
Indian students at Harvard, on condition of anonymity, shared their concerns and experiences of the last few months during which the prestigious university has seen relentless attacks by the Trump administration.
Dravida Munnetra Kazhagam's Lok Sabha MP Dayanidhi Maran has accused his brother Kalanithi Maran of "financial crimes," and asked him to restore the entire shareholding position of Sun TV and related companies to their original state or face legal and regulatory action.
The government on Thursday told an all-party meeting that the Pahalgam attack was carried out to vitiate the atmosphere at a time when the economy of Jammu and Kashmir was on the upswing and tourism was booming. Briefing reporters after the meeting chaired by Defence Minister Rajnath Singh, Union minister Kiren Rijiju said all parties said they were with the government and against terror. The party leaders were briefed by Intelligence Bureau (IB) and Union Home Ministry officials on the steps being taken to prevent the recurrence of such incidents, Rijiju said. Home Minister Amit Shah, present in the meeting, interjected wherever required as officials briefed MPs, according to sources. At least 26 people, mostly tourists, were killed and scores injured when terrorists shot them in Pahalgam in Jammu and Kashmir on Tuesday.
Investigators suspect that similar terror plots were devised for multiple cities across India.To piece together the full scope of the conspiracy, officials may take Rana to various locations, retracing events from 17 years ago.
Krish Lal Isserdasani is an engineering student at the University of Wisconsin-Madison, the Milwaukee Journal Sentinel reported.
The Kananaskis gathering on June 16-17 is the Prime Minister's 6th consecutive participation in the G7 Summit.
Amid liquidity tightness in the banking system, certificate of deposit (CD) rates topped 8 per cent for some smaller banks, with rates remaining on the higher side for derivatives loss-hit IndusInd Bank. On Thursday, CSB Bank raised Rs 100 crore via one-year CDs at 8.5 per cent, while Utkarsh Small Finance Bank issued three-month CDs at 8.05 per cent to raise Rs 50 crore.
When Gensol Engineering made its public market debut through a small and medium enterprises (SME) initial public offering (IPO) in September 2019, its promoters held a commanding 96 per cent stake. Now, that figure has shrunk to a "negligible" fraction.
Eight individuals, including seven posing as students and one as a professor, were apprehended at the Chhatrapati Shivaji Maharaj International Airport in Mumbai while attempting to illegally immigrate to London. The accused, who claimed to be part of an exchange program, were caught at the airport's immigration checkpoint and were found to be using forged documents and false information to obtain UK visas. The incident involved alleged human trafficking, with the accused reportedly paying Rs 20 lakh each to an agent for facilitating their illegal immigration. The case has been handed over to the Sahar Police, and the crime branch is investigating further.
The Securities and Exchange Board of India (Sebi) has introduced stricter Key Performance Indicator (KPI) disclosures for initial public offers (IPOs). These new standards, developed in collaboration with industry associations, aim to enhance transparency and provide investors with a clearer understanding of a company's valuation and business performance.
'One should not invest more than 5 to 10 per cent of their overall portfolio exposure in global or international funds.'
Religious tourism witnessed 1,439 million tourists in 2022, generating Rs 1.34 trillion in revenue.
Security experts have warned that using Signal for discussions of this nature violates every established protocol for handling classified information.
Capital markets regulator Sebi on Tuesday decided to gradually phase out buyback of shares by companies through the stock exchange route to address the drawbacks associated with the existing mechanism. Sebi chairperson Madhabi Puri Buch said the regulator has chosen the tender offer route for share buyback as the present mode is vulnerable to favouritism. "This is a glide path and will lead to the phasing out of the present buyback mode (through stock exchange route)," she told reporters after its board meeting in Mumbai.
One should avoid keeping excessive funds in one's savings account.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Prime Minister Narendra Modi met with Indian-American billionaire entrepreneur Vivek Ramaswamy and SpaceX CEO Elon Musk in Washington, D.C., discussing India-US relations, innovation, biotechnology, and the role of entrepreneurship. Modi also met with US National Security Advisor Michael Waltz and Director of National Intelligence Tulsi Gabbard during his visit.
By choosing your study destination carefully, leveraging government schemes, comparing loan options, and adopting frugal living practices, Indian students can acquire global credentials without mortgaging their futures.
India is preparing to resume the Kailash Mansarovar Yatra, a pilgrimage to Mount Kailash in Tibet, after a three-year hiatus. The decision comes as part of efforts to improve relations between India and China, which have been strained since a military standoff in 2020. The two countries have also agreed in principle to resume flight services between them.
'Could the impending new crisis, vibe coding, similarly create not a disaster like what befell Indian handlooms during the Industrial Revolution but another opportunity like what the Y2K crisis created?' asks Ajit Balakrishnan.
The interplay between domestic and foreign capital will shape India's equity markets.
About 300 fintech firms are under investigation by the ED for allegedly partnering 38 non-banking financial companies for predatory lending practices to charge borrowers high interest rates.
The sales of company shares by 5 senior executives have come under scrutiny as IndusInd shares declined over 30 per cent due to losses incurred by from its derivatives exposure.
Mumbai Indians captain Harmanpreet Kaur was fined 10 per cent of her match fee for showing dissent at umpire's decision during her team's match against UP Warriorz in the Women's Premier League.
Pakistan on Wednesday handed over Border Security Force (BSF) jawan Purnam Kumar Shaw, apprehended on April 23, to India via the Attari-Wagah border front in Punjab, the force said.
Many enter this arena without a detailed understanding of how their algo works.' 'Diligently review information on the strategy, risk profile, potential losses, and expected gains before investing.'
JSW Steel, owned by Sajjan Jindal, has emerged as the world's most valuable steelmaker, boasting a market capitalisation (mcap) of nearly $30.31 billion, according to Bloomberg data.
'If gold's recent surge has increased its allocation beyond 15 per cent in your portfolio, now may be a good time to rebalance.'
Swift gains on Dalal Street this year have also led to a sharp surge in shares of equity market intermediaries like depositories, exchanges, and registrar and transfer Agents (RTAs). The stock prices of BSE, CDSL, CAMS, and KFin Technologies are up 24-283 per cent so far in 2023 when compared to a 9 per cent rise in the benchmark Nifty index. With the market buoyancy expected to keep up the pace, analysts believe these stocks are a good long-term bet despite the sharp rally, which can trigger an intermittent correction.
The Enforcement Directorate has sent a notice to Paytm-owner One97 Communications for alleged violation of certain FEMA rules by the company and its two subsidiaries- Little Internet and Nearbuy, with respect to certain investment transactions, according to an exchange filing. Paytm clarified that the alleged breach pertains to the period when the two companies were not its subsidiaries.
