Departures' Senior vice-president Steven Deluca discusses why Miami and Rome are hotspots for luxury consumers with Bloomberg's Pimm Fox on 'Taking Stock'. (Source: Bloomberg)

Why luxury travellers set course for Miami, Rome

SBI-SG Global Securities Services on Friday settled a case related to an alleged violation of FPI (foreign portfolio investors) rules and other regulatory norms with Sebi by paying Rs 29.25 lakh towards settlement charges.
SBI-SG Global Securities Services Pvt Ltd (applicant) is a Sebi-registered designated depository participant (DDP).
The order came after SBI-SG Global Securities Services submitted a settlement application, requesting for settlement of the adjudication proceedings under the Sebi's settlement regulations.
"In view of the acceptance and the compliance of the settlement terms by the applicant, the instant adjudication proceedings initiated against the applicant (SBI-SG Global Securities Services) vide show cause notice dated May 08, 2024, is disposed of in terms of the settlement regulations," Sebi's chief general manager and adjudicating officer N Hariharan said in the order.
The Securities and Exchange Board of India (Sebi) had undertaken an inspection of the SBI-

The order came after SBI-SG Global Securities Services submitted a settlement application, requesting for settlement of the adjudication proceedings under the Sebi's settlement regulations

The move aligns with NTPC's efforts to venture into nuclear energy and use it as a clean, dispatchable, and baseload source of energy to support this endeavour

Lava Yuva 2 5G launched. Redmi 14C 5G launching on Jan 6. Samsung Galaxy Ring 2 at Galaxy Unpacked. Circle to Search on Nothing Phone. OnePlus Pad in China

Powered by the MediaTek Dimensity 8350 chip, the newly launched OnePlus Pad is offered with up to 12GB (LPDDR5X) RAM and up to 512GB (UFS 3.1) storage

The rain, which started early on Thursday, has already made December 2024 one of the wettest in history, with total rainfall recorded at 42.8 mm, nearly five times the December average of 8.1 mm

The government will allocate space for a memorial of former prime minister Manmohan Singh and this has been communicated to his family and Congress president Mallikarjun Kharge, the Union home ministry said on Friday night.
In a late-night release titled "Facts of the matter regarding memorial for Former Prime Minister Late Dr Manmohan Singh", the ministry said the government received a request to allocate space for a memorial for Singh from the Congress chief.
Immediately after the Cabinet meeting, Union Home Minister Amit Shah communicated to Kharge and the family of Manmohan Singh that the government would allocate space for the memorial.
In the meanwhile, cremation and other formalities can happen because a Trust has to be formed and space has to be allocated to it, the home ministry said.
Singh, who headed the Congress-led UPA government and is credited with economic reforms, passed away on Thursday at the age of 92.
He was India's prime minister for 10 years between 2004 and

Singh, who headed the Congress-led UPA government and is credited with economic reforms, passed away on Thursday at the age of 92

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The steel ministry believes that a higher import duty, if implemented, could mitigate the adverse effects of a rise in cheaper imports of finished steel, particularly from China

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Why luxury travellers set course for Miami, Rome

Departures' Senior vice-president Steven Deluca discusses why Miami and Rome are hotspots for luxury consumers with Bloomberg's Pimm Fox on 'Taking Stock'. (Source: Bloomberg)

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