Monday, November 25
Markets regulator Sebi on Tuesday ordered Anil Agarwal-controlled Vedanta to pay Rs 77.6 crore to Capricorn UK Holdings (earlier Cairn UK Holdings) as interest for delayed payment of dividend by the Indian company. Sebi also banned some of Vedanta's current and former top executives from the market for 1-2 months for their part in delay in payment of dividend
Tata Investment Corp has surged by 116% in 2024, leading the gains among companies listed on the Nifty 500 Index, which accounts for over 94% of India's market capitalization. This surge has contributed significantly to a $58 billion increase in the value of Tata Group companies since the beginning of the year, with about 20% of this rise occurring just last week, propelled by anticipation surrounding the potential initial public offering of Tata Sons next year.
Airbnb is banning the use of indoor security cameras in listings worldwide by April 30. The policy update aims to prioritize privacy and simplify the rules. Hosts can use doorbell cameras and noise-decibel monitors in common spaces, with proper disclosure.
