Page 14 - Ortfolio Allocation News Today

The Maharashtra Legislative Assembly unanimously passed the Maratha Reservation Bill giving 10 per cent quotas to the community in education and government jobs, here on Tuesday. Ians

In total, 243 companies were listed on Indian bourses in the year ended December 31, 2023, the highest annual tally in at least six years, according to S&P Global Market Intelligence data.

The Insolvency and Bankruptcy Board of India (IBBI) has suspended for two years the registration of insolvency professional (IP) Sanjay Kumar Singh for contravening the applicable provisions of the Insolvency and Bankruptcy Code (IBC) and regulations on conducting an auction for the sale of assets during the liquidation process of Monica Electronics Ltd (corporate debtor).

On Tuesday, 1949 stocks advanced, 1887 declined and 95 remained unchanged, on the Bombay Stock Exchange (BSE) with an advance decline ratio of 1.03, indicating positive closing of stocks in broader markets.

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The refusal to provide information is getting so brazen that information officers at the Unique Identification Authority of India (UIDAI) claimed that no reports were available even when the authority publishes reports under different heads. It also turns out that information, when provided, raises more questions.

Upholding orders passed by fora below and holding the State Bank of India (SBI) responsible for deficiency in service twice, the national consumer disputes redressal commission (NCDRC) directed SBI to pay Rs3.60 lakh fraudulently withdrawn from a pensioner-customers account using cloned ATM and Rs15,000 towards mental harassment and cost.

In September 2018, as a serving Indian Administrative Service (IAS) officer, I had penned an article captioned “IAS has now become the Indian Customer Service” that had been published in a reputed national e-Portal. The thrust of the same was that IAS officers are more focused on delivering priority services to an elite class of customers, even as the ordinary citizens languish in serpentine queues.

As many as over 2.08mn (million) investors of PACL Ltd, with a claim of up to Rs19,000, have been paid over Rs1021 crore, says market regulator Securities and Exchange Board of India (SEBI).

The Misinformation Combat Alliance (MCA) on Monday said that it has collaborated with Meta (formerly Facebook) to launch a dedicated fact-checking helpline on WhatsApp in India in an effort to combat media generated using artificial intelligence (AI).