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Sebi issues guidelines to revamp nomination process for mutual funds
Markets regulator Sebi on Friday issued guidelines to revamp the nomination process for mutual fund folios and demat accounts to enhance transparency and minimise unclaimed assets in the securities market.
The new norms will come into effect from March 1 and cover a range of measures for investors and regulated entities, including Asset Management Companies (AMCs).
Dua Lipa evacuates LA amid wildfires; calls situation "scary and devastating"
British singer Dua Lipa was among the thousands forced to evacuate Los Angeles due to the raging wildfires that have devastated Southern California.
The wildfires, which have already claimed lives and destroyed thousands of homes, left many residents scrambling for safety.
Taking to Instagram Story the 'Levitating' singer shared a video along with a note describing the difficult situation as "absolutely devastating" and "scary".
Four Naxalites held in Chhattisgarh's Bijapur; explosives seized from them
Four Naxalites were arrested and explosives were seized from them in Chhattisgarh's Bijapur district on Friday, a police official said.
He identified the arrested Naxalites as Kosa Madvi (40), Sanna Hunga Uika (32), Sanna Mutta Uika (26) and Madkam Sukhram (25). "They were apprehended by the local police and Central Reserve Police Force between Murdanda and Timmapur under Awapalli police station limits during road opening and security duty exercise. A tiffin bomb, cordex wire, beer bottle bomb, electric wire, battery and other Maoist materials were recovered from them," the official said.
BJP's poll body meets to finalise candidates for Delhi polls
The BJP's Central Election Committee, which includes Prime Minister Narendra Modi, met here on Friday to finalise the second list of party candidates for the Delhi Assembly polls.
The BJP's first list of 29 candidates for the polls to the 70-member Delhi Assembly came out on January 4. It has fielded former MP Parvesh Verma from the New Delhi seat against ex-chief minister and AAP supremo Arvind Kejriwal.
Judge sentences Trump in hush money case but declines to impose any punishment
National waterways to get Rs 50,000-cr investment in next 5 yrs
An investment of Rs 50,000 crore will be made to boost infrastructure along national waterways in the next five years, according to an official statement on Friday.
According to the statement, the investment proposals were announced in Inland Waterways Development Council (IWDC) meeting at Kohora in Kaziranga.
Infosys accuses rival Cognizant of anti-competitive practices
India's Infosys filed a counterclaim against rival Cognizant in a Texas federal court on Thursday, accusing the U.S.-based firm of engaging in anti-competitive practices and poaching key executives. India's second-largest software company accused Cognizant of anti-competitive practices such as including clauses in contracts that stop clients from awarding IT services work to competitors and refusing them training on its software.
India to join key session on AI, FDI at WEF 2025 for promoting investment
India will participate in a session on artificial intelligence (AI) and foreign direct investment (FDI) at the World Economic Forum annual meeting in Davos, the commerce and industry ministry said on Friday.
The session - AI and FDI: Challenges and Opportunities for Sustainable Investment - will be co-organised by Invest India and WAIPA and supported by World Investment for Development Alliance (WIDA).
Himachal signs MoU with French agency for disaster risk reduction
PFC Consulting transfers Kudankulam project SPV to PGCIL
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First Published: Jan 10 2025 | 9:16 AM IST