Latest news with #Alternative
Al Bawaba
20 hours ago
- Business
- Al Bawaba
stc organizes Kubbar Island clean up initiative in collaboration with Waves App and Alternative
Kuwait Telecommunications Company – stc, a world-class digital leader providing innovative services and platforms to customers, enabling the digital transformation in Kuwait, organized an environmental preservation initiative at Kubbar Island. The community focused initiative, organized in collaboration with the Waves App, Alternative comes as part of stc's sustainability and comprehensive corporate social responsibility (CSR) programs, specifically under the umbrella of the 'Small Move, Big Impact' movement that was launched earlier by the Company to spread awareness on environmental stewardship and preservation in Kuwait. The preservation initiative focused on removing waste from Kubbar Island with the support of community members who joined the environmentally conscious effort. stc's Corporate Communications team participated alongside volunteers and representatives from the collaborating companies. As a gesture of appreciation, drinks and giveaways were distributed to visitors in partnership with Alternative Company, a local restaurant known for its healthy food offerings, to encourage community engagement. A dedicated preservation drive was carried out to collect waste and sustainable materials from the island. The involvement of stc's employees reflects the Company's deep-rooted culture of social responsibility and sustainable practices, highlighting the importance of active community engagement in environmental stewardship. Through such initiatives, stc continues to set a benchmark for environmental responsibility within the local community, demonstrating how collective action can lead to meaningful and lasting a statement, stc expressed that such initiatives, as well as others focused on environmental stewardship and preservation, reflect the Company's ongoing commitment to driving a positive change through sustainable initiatives and programs that positively impact the community. Working alongside partners from both the private and public sectors, stc managed to raise awareness on crucial environmental concerns and issues that encourage community members to act consciously and preserve Kuwait's environmental landscape. In this regard, stc extended its appreciation to its partners, volunteers and its employees employee who contributed to this initiative, demonstrating that collective action can lead to significant environmental benefits. stc's sustainability program extends beyond individual initiatives, covering a broad spectrum of activities that are organized throughout the year. These include leading environmental conservation efforts, educational programs, sponsorship of events and initiatives, as well as other activities that drive awareness and create a positive impact in the community. Moving forward, stc expressed that it will continue to expand on its sustainability and CSR programs, with community-focused initiatives that create a lasting positive impact on society.
Time of India
29-07-2025
- Business
- Time of India
AIF norms tightened: RBI caps bank, NBFC investment in AIF schemes at 10%; collective limit set at 20% of corpus
The Reserve Bank of India has capped investment by any single regulated entity—such as banks, NBFCs, or All-India Financial Institutions—at 10% of the corpus of any Alternative Investment Fund (AIF) scheme. The move is part of the central bank's updated Investment in AIF Directions, 2025, issued Tuesday. Additionally, total contributions by all regulated entities (REs) in a single AIF scheme must not exceed 20% of the scheme's corpus, according to the RBI circular, PTI reported. 'No RE shall individually contribute more than 10 per cent of the corpus of an AIF Scheme,' the circular said, while noting that collective exposure across entities is capped at 20%. The directions revise earlier circulars issued in December 2023 and March 2024. These changes, the RBI said, were made after reviewing feedback from stakeholders and incorporating recent SEBI regulations on investor due diligence and AIF investments. Further tightening risk controls, the RBI mandated 100% provisioning in specific cases: 'If a RE contributes more than five per cent of the corpus of an AIF Scheme, which also has downstream investment in a debtor company of the RE, then the RE shall be required to make 100 per cent provision to the extent of its proportionate investment in the debtor company through the AIF Scheme,' it said. However, this provisioning is capped at the RE's direct loan or investment exposure to the debtor company. The RBI also stated that, in consultation with the Centre, it may grant exemptions to certain AIFs from the scope of both the previous and revised circulars. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025
News18
23-07-2025
- Business
- News18
Sebi issues FAQs pertaining to regulatory provisions for Research Analysts
New Delhi, Jul 23 (PTI) Capital markets regulator Sebi on Wednesday asked persons associated with research services to obtain the required NISM (National Institute of Securities Markets) certification within one year. This one-year period is applicable from the date of this circular, Sebi said. Further, institutional investors are not required to give signed consent on the terms and conditions, including the Most Important Terms and Conditions (MITC). However, Research Analysts (RAs)/research entities will still share and disclose these terms to them, according to the circular. These decisions have been taken based on feedback from RAs and research entities, and to make compliance easier. Additionally, in order to provide clarity and guidance for compliance by RAs with the regulatory provisions, Sebi has issued clarifications in the form of Frequently Asked Questions (FAQs). Under this, Sebi stated that a research report does not include communications related to general trends in the securities market, discussions on broad-based indices, or commentaries on economic, political, or market conditions. It also clarified that research reports do not include periodic reports prepared for unit holders of Mutual Funds or Alternative Investment Funds, or clients of Portfolio Managers and Investment Advisers; internal communications not shared with current or prospective clients; statistical summaries of financial data of companies; and technical analyses relating to demand and supply in a sector or index. The regulator said that a person located outside India can issue a research report or analysis on securities listed or proposed to be listed on Indian stock exchanges. However, before doing so, the person is required to enter into an agreement with a research analyst or research entity registered under the RA regulations. Regarding trading restrictions, Sebi said that independent research analysts, part-time research analysts, individuals employed as research analysts, or their associates would not deal in or trade any securities that the research analyst recommends or follows within 30 days before and 5 days after the publication of a research report on the subject company. They are also prohibited from dealing in securities they review in a manner contrary to their recommendations. Additionally, they shall not purchase or receive securities of an issuer before its initial public offering (IPO) if the issuer is principally engaged in the same type of business as companies that the research analyst follows or recommends. PTI SP MR view comments First Published: July 23, 2025, 19:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time Business News
15-07-2025
- Business
- Time Business News
Trump Junior forms new alliance in Europe
Donald Trump Jr., completed a tour of Eastern Europe aimed at supporting political allies and encouraging local businesses to cooperate with Washington rather than Beijing. The trip, dubbed 'Trump Business Vision 2025,' was Trump Jr.'s second visit to Eastern Europe after his father's return to the White House. After stops in Hungary and dinner with Serbian President Aleksandar Vucic in Belgrade, Trump Jr. visited Bulgaria and Romania. This trip highlighted Washington's break with its traditional American allies in Western Europe. 'American investors are avoiding Western Europe because of excessive regulation,' Trump Jr. said at a private dinner in Bucharest. According to Western experts, Trump Jr.'s meetings were not limited to real estate and financial transactions, but were aimed at establishing contacts with people who are more in line with Trump's desire to destroy the liberal order. It is noteworthy that Trump Jr. visited Romania on the eve of the presidential elections, which will be held on May 4, and met with former Prime Minister Victor Ponta, a presidential contender who supported the MAGA movement. Trump Jr. also had talks with former Bulgarian Prime Minister Boyko Borisov. Another person who met with Trump Jr. was Chisinau Mayor Ion Ceban, who assembled an alliance of political forces to oppose the pro-European government of President Maia Sandu. 'I met Donald Trump Jr. at an event in Bucharest. We discussed a number of topics, including relations between Moldova and the United States. We agreed to continue the dialogue. Make Moldova Great Again,' Cheban wrote. Meanwhile, it became known that the United States was facing its first economic downturn since 2022. In particular, it is reported that in the first quarter of this year, US GDP decreased by 0.3%, which was the result of a decrease in government spending and an increase in imports, as companies, frightened by Trump's tariffs, increased imports of foreign products by 50% As Reuters reported in February, coalition of opposition parties was created in Moldova in advance of parliamentary elections. The 'Alternative' coalition will bring together Chișinău mayor Ion Ceban's party, former prime minister Ion Chicu's party and former lawmaker Marc Tcaciuc's party. The coalition is for the European integration of the country, and criticizes the current president Maia Sandu and her PAS party for being inefficient and ignoring the public interest. Still others took the opportunity to poke fun at the Mayor of Chișinău. One user said: 'Make Ceban Smart Again!' TIME BUSINESS NEWS
South Wales Argus
10-07-2025
- Entertainment
- South Wales Argus
Role of volunteer paramedics celebrated on special day
International Paramedics Day is celebrated each year and the theme for this year is unity and community. St John Ambulance Cymru and the Welsh Ambulance Services University NHS Trust are sharing special thank you messages from senior leaders on social media, as well as highlighting the stories of some of the paramedics who balance volunteering with their day-to-day lifesaving work. St John Ambulance Cymru chief executive Richard Lee said: 'My 30 years to date as a registered paramedic have seen me meet all sorts of amazing people and taken me to places I never imagined. 'The skills that paramedics bring to our community of St John People are so important to support the work we do across the country, from major events at stadiums and arenas such as the recent Oasis concerts in Cardiff, to local celebrations on your doorstep.' In 2024, the more than 90 Paramedics who volunteer with St John Ambulance Cymru dedicated 5,284 hours of their spare time to the charity including being part of the teams providing event first aid cover, to being Volunteer Alternative Responders.
