Hollywood actor Michael Sheen has bought and cancelled £1 million in debt for 900 people impacted by Tata Steel's blast furnace closure in Port Talbot, South Wales, aiming to provide relief to those struggling in the wake of job losses. This initiative is part of a new Channel 4 documentary exposing how financial institutions profit from vulnerable people.
Samir Arora, founder of Helios Capital, believes President Trump's policies, despite potential short-term discomfort, are a necessary course correction to address America's financial vulnerabilities and prevent a future financial crisis. He sees these actions as crucial for ensuring the nation's long-term financial stability.
JSW, Dalmia Bharat, Jindal Power, Vedanta, GMR, Welspun, Torrent, and Adani Group have expressed interest in acquiring Jaiprakash Associates Ltd (JAL) as it faces insolvency proceedings. The bidding process has begun for JAL's assets, including the Buddh International Circuit and a 2,500-acre land parcel, valued at over $2 billion.
The US Department of State's recent statement highlights the ongoing nature of visa screening, emphasizing that visa holders are subject to continuous monitoring to ensure their compliance with US laws and immigration regulations. This reminder serves as a warning to visa holders that any violation of these laws or regulations could result in the revocation of their visa and potential deportation.
Sanjay Shah, promoter of Prudent Corporate Advisory Services, has been granted permission by SEBI to gift Rs 33 crore worth of shares to 650 employees, including staff members at his home, as a token of appreciation for their 25 years of service. This exemption from promoter group classification was granted by SEBI after Shah argued that reclassification would discourage such gestures and mislead investors.