Chequered Flag Dec. 3: Headlines At A Glance

Today's top stories include SEBI's audit process proposal for brokers, Mahindra-IndiGo Airline' '6e' conflict, Oxford's word of the year, and more. Shreya Sur Updated On 09:28 PM IST, 03 Dec 2024

Finance Minister Proposes 19 Amendments In Banking Laws (Amendments) Regulation Bill

Finance Minister Nirmala Sitharaman proposed 19 amendments in the Banking Laws (Amendments) Regulation Bill 2024 in the lower house of Parliament on Tuesday, in a bid to improve banking governance and enhance investors' protection. Photo Credit: PTI [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

SEBI Proposes Technology-Driven Audit Process For Stock Brokers

The Securities and Exchange Board of India has come out with a fresh set of proposals for the audit process for stock brokers. The proposed framework is going to be technology driven and will identify several deficiencies in the existing audit system. Photo Credit: Vijay Sartape/NDTV Profit [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

Benchmark Indices End On A High

NSE Nifty 50 ended 0.75% or 181.20 points up at 24,457.15, its highest close since Nov. 6, and BSE Sensex ended 0.74% or 597.67 points higher at 80,845.75, its best close since Oct. 21. The jump in benchmark indices comes as global sentiment was uplifted ahead of monthly jobs data from the US, and on the back of gains in heavyweights. Photo Credit: Vijay Sartape/NDTV Profit [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

Defence Ministry Clears Acquisition Of Radars, Light Helicopters Worth Rs 21,772 Crore

The Defence Acquisition Council issued its nod for five capital acquisition proposals, worth over Rs 21,772 crore, for the Indian armed forces. The proposals cleared include those related to the procurement of water jet fast attack crafts, next generation radar warning receiver, and advanced light helicopters for surveillance in coastal areas, among others. Photo Credit: Unsplash [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

Mahindra Says Its ‘BE 6e’ Is Different From IndiGo ‘6e’, Airline Unimpressed

InterGlobe Aviation Ltd., which operates India’s largest airline IndiGo, has taken Mahindra Electric Automobile Ltd. to the Delhi HIgh Court over the use of ‘6e’ in the name of its latest electric SUV. Photo Credit: Mahindra Electric Origin SUVs/X Profile [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

ICICI Securities Delisting: Whistleblower Alleges Malpractice At BofA

In a fresh twist in the case pertaining to ICICI Securities Ltd.'s delisting and merger with ICICI Bank Ltd., a whistleblower has made accusations on the role of BofA Securities India—the independent merchant banker tasked with providing a fairness opinion on the valuation and swap ratio for the deal. Photo Credit: Unsplash [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

India Faces 28% Of Global Mobile Malware Threats, Tops Global Rankings: Report

India has emerged as the most targeted nation globally for mobile malware attacks, surpassing the United States and Canada, with 28% of the world's total mobile malware incidents occurring in India between June 2023 and May 2024, according to the Zscaler ThreatLabz 2024 Mobile, IoT, and OT Threat Report. Photo Credit: Freepik [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

SEBI Orders Trafiksol ITS Tech To Refund Proceeds From IPO That Was Subscribed 345 Times

Markets regulator SEBI directed Trafiksol ITS Technologies Ltd. to refund Rs 45 crore raised through its IPO, following material misstatements in the firm's prospectus and suspected collusion with a shell entity. Photo Credit: Envato [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

'Brain Rot' Named Oxford Word Of The Year 2024

Oxford has announced ‘brain rot’ as the definitive 'Word of the Year' for 2024. The word was chosen following a public vote, in which more than 37,000 people had their say. The word beat five other finalists—demure, slop, dynamic pricing, romantasy and lore. Photo Credit: Freepik [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More: