Axis AMC Sacks Chief Trader Viresh Joshi Over Alleged Front-Running Allegations


Earlier this month, Axis AMC had suspended two of its fund managers, including Viresh Joshi. New Delhi: Axis Asset Management Company, the mutual fund promoted by Axis Bank, has terminated its chief trader and fund manager Viresh Joshi, who was facing allegations of front-running. Front-running refers to an illegal practice in the stock market where … Read more

More than 9,400 new jobs in financial sector on offer this year: MAS chief

SINGAPORE: More than 9,400 new jobs in the financial sector will be on offer this year, according to the Monetary Authority of Singapore (MAS) estimates.  At least 3,000 of these will be in tech, including 700 roles for software developers and engineers, who are in high demand, said MAS chief Ravi Menon on Thursday (May … Read more

Telangana Chief Minister’s “Don’t Worry” Message To Paddy Farmers


Telangana Chief Minister K Chandrasekhara Rao directed that paddy procurement be speeded u Hyderabad: The Telangana government would purchase paddy that turned wet due to recent rains and the farmers need not worry about it, Chief Minister K Chandrasekhar Rao said on Wednesday. Mr Rao, who held a review meeting on paddy procurement, asked officials … Read more

Rajasthan Congress MLA, Close To Chief Minister Ashok Gehlot, Resigns


Jaipur: An MLA of Rajasthan Congress, known to be a supporter of Chief Minister Ashok Gehlot, has resigned. Ganesh Ghogra, the state’s youth congress president who represents Dungarpur in the state assembly, resigned saying that despite being an MLA of the ruling party, he is being ignored The administration “does not listen” when he brings … Read more

Punjab Chief Minister Bhagwant Mann To Meet Protesting Farmer Leaders


Chief Minister Bhagwant Mann had termed the farmers’ protest unwarranted and undesirable. Chandigarh: Protesting Punjab farmers today said they will be meeting Chief Minister Bhagwant Mann for redressal of their demands, including a bonus on wheat and beginning paddy sowing from June 10. Farmer leaders said the Mohali deputy commissioner and senior superintendent of police … Read more

SiriusPoint chief executive and chair resigns

Malloy was chief executive of Third Point Re prior to the reinsurer’s merger with multi-line (re)insurer Sirius International Insurance Group in 2021. He stayed on as SiriusPoint’s global distribution president until his employment ended on April 01 this year. Now that he’s back as interim chief, Malloy will be paid an annual base salary of … Read more

Punjab Chief Minister Calls Farmers Protest “Unwarranted”


Punjab CM Bhawant Mann said the government held talks with farmers on Tuesday. (File) Chandigarh: Punjab Chief Minister Bhagwant Mann on Tuesday called the agitation by state farmers as unwarranted and undesirable but said he is ready for talks. He also asked farmer unions to join the state government’s efforts to check depleting groundwater in … Read more

West Bengal To Set Up Special Fund To Pay MGNREGA Wage: Chief Minister


The Chief Minister last week was seeking PM Modi’s intervention to release funds. (File) Kharagpur, West Bengal: Hitting out at the Centre for allegedly not releasing funds resulting in the state being unable to pay salaries to people working under the 100 days work scheme, West Bengal Chief Minister Mamata Banerjee today advised setting up … Read more

Supreme Court Collegium Recommends Elevation Of 5 Judges As High Court Chief Justices


Supreme Court Collegium recommended the elevation of five Judges New Delhi: The Supreme Court collegium headed by Chief Justice NV Ramana on Tuesday recommended the elevation of five judges as Chief Justices of various high courts. The collegium in a meeting held today took the decision and the resolution was uploaded on the Supreme Court … Read more