India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
Bengaluru (Karnataka) [India], September 15: Flipkart, India homegrown e-commerce marketplace, has officially announced the dates for its blockbuster annual shopping festival, The Big Billion Days (TBBD) 2025, starting 23rd September, with 24 hour early access for Flipkart Black and Plus members beginning on 22nd September. With Early Bird Deals, customers can shop for their favorite products at The Big Billion Days Sale prices before it officially begins and can access deals across mobiles, electronics, fashion, appliances, and more. Flipkart aims to transform the festive season into a nationwide celebration of choice, value, and curated experiences. This Big Billion Days is slated to be Flipkart largest shopping event yet. Prioritising speed in delivery, Flipkart Minutes is set to participate in TBBD at scale, with presence in 3,000 pincodes across metros and tier-2+ cities. Known to be more than just a sale, TBBD 2025 is a cultural moment, where millions of shoppers, sellers, and communities are brought together by one special celebration. With its trademark mix of accessibility, trust, and trailblazing innovation, this year The Big Billion Days is set to be Flipkart most inclusive, impactful, and unforgettable edition. With the all-new revamped app interface, Flipkart is geared to deliver a richer, tech-led experience, with faster navigation and smarter discovery for an intuitive festive shopping experience. Notably, Samsung Galaxy AI is the Title Sponsor and Intel Core is the Tech Sponsor for this 12th edition of TBBD. Speaking about The Big Billion Days, Pratik Shetty, Vice President, Growth and Marketing at Flipkart, said, The Big Billion Days has always been more than just a shopping event - it India very own festival of possibilities that brings millions together in the spirit of celebration, joy, and discovery. Every year, we raise the bar not only with unmatched value but by creating experiences that stay with our customers long after checkout. In 2025, we have reimagined TBBD to be bigger, bolder, and more meaningful - powered by innovation, technology, and deep partnerships. From new offerings that unlock choice and discovery to immersive, personalized journeys that make shopping seamless and delightful, were blending celebration with convenience, entertainment with trust, and surprise with scale. He further added, At its core, TBBD is a cultural moment - one where customers from metros to tier-3 towns feel part of something larger than a sale. This year, were turning up that magic like never before, making The Big Billion Days not just the country most awaited shopping festival, but a true showcase of India digital-first future. Minutes Multiplying Festive Cheer * This The Big Billion Days sale, Flipkart Minutes will delight its customers with 10-minute delivery across 19 cities and 3,000 pincodes * Exclusive early access and rewards for Flipkart Plus and Black members to enhance the festive experience * All deals live on Flipkart will be available on Minutes as well, encompassing several categories such as mobiles, electronics, home, nuts & dry fruits, beauty and personal care, baby care, and grocery, among others. A wide range of regional selections will be offered spanning grocery, bakery, sweets, dairy, and more * In addition to metros, tier 2+ cities such as Ambala, Guwahati, Jaipur, Lucknow, Kanpur, and Patna will continue to be major growth markets for Minutes Enhanced and new payment options to unlock greater affordability, convenience and festive cheer for every shopper * Beginning 8 September, customers have the chance to get a flat 50 off on payments made through super.money app. The limited period offer is applicable daily at 12 PM across categories * Exciting rewards will be unlocked with Flipkart Axis Bank Credit Card and Flipkart SBI Credit Card with 7.5 cashback on Myntra, 5 cashback on Flipkart, Minutes, Grocery, and Cleartrip * Customers can avail No Cost EMI options on a wide selection of products with Flipkart EMI, Debit Card & Cardless EMI options * With the Flipkart Bajaj Finserv Insta EMI Card, users will be able to access easy EMIs and get up to Rs. 400 off on their orders * Flipkart has partnered with Axis Bank and ICICI Bank to offer customers a 10 instant bank discount on credit card transactions (*T&C apply) * As part of The Big Billion Days Savings Sale, customers can enjoy up to 5 off on Gift Card purchases via Flipkart UPI and 2 on any Credit Card, Debit Card * Additional special offers include 1 off on Gift Card purchases via UPI (minimum order value Rs. 5,000) Unlocking The Best Festive Value Through Loyalty & Best Rewards * 24 hrs early access for Flipkart Plus and Black members * Higher bank offers (12-15) for Plus and Black members & 2X Savings with SuperCoins during Early Access hours * Members-only Black Deals for Flipkart Black members across a wide selection of premium brands * Introducing this TBBD, Boost Up! - Flipkart flagship SuperCoin construct where customers can boost their SuperCoins savings by 10X * 100 CoinBack Bonanza - An initiative where customers will earn 70 to 100 of the product value in SuperCoins * Sale Price Live CoinBack - In another special 1-hour window, customers can enjoy 100 CoinBack in SuperCoins on eligible purchases made during this slot New Tech And On-App Experiences: Enabling A Smarter, Faster & More Personalized TBBD * AI-driven search, contextual recommendations, infinite scroll, and intent-based surfacing ensure effortless, intuitive, and personalized discovery tailored to real-time signals * Tailored interactions coupled with haptic feedback add responsiveness and a premium tactile dimension, making every engagement feel more immersive and dynamic * Engaging video commerce content for GenZ and digital-first users, powered by Creator Cities and Creatorhood * Address intelligence, auto-geocoding, and two-tier last-mile delivery powering faster, and more accurate shipments * Redesigned Seller Hub and free NXT Insights to help sellers grow through simplified processes, competitive pricing, and AI-powered decision support Premiumisation expands access to aspirational products for all shoppers * This The Big Billion Days, Flipkart will strengthen its position as India trusted smartphone destination with the best marquee launches. Key highlights include open box deliveries, fastest delivery via Flipkart Minutes, affordability innovations such as no-cost EMIs on all phones, enhanced exchange programs and democratized credit access to customers entirely new to the banking ecosystem. These constructs make Flipkart a compelling platform for consumers across both metros and tier-3+ towns to access the latest smartphone technology. TBBD 2025 is set to accelerate smartphone adoption at scale, while fueling growth for partners and the larger digital ecosystem * This The Big Billion Days, Flipkart Fashion will open the season with its widest-ever festive collection, bringing together over 200k+ trends, homegrown D2C brands, and special celebrity-inspired lines. From couture-inspired ethnic wear to everyday essentials, customers across India will discover fresh styles curated to celebrate every occasion of the festive calendar. With over 100 new brand and product launches, deeper personalization, and faster deliveries, Flipkart Fashion aims to make 2025 the year when festive shopping is not just about great deals, but about elevating personal style like never before Democratising festive shopping with value-driven selection * Exciting festive offers on Grocery will be live such as steal deals, coupons, and bank offers, making daily and monthly essential shopping more affordable and rewarding * In electronics, consumers will get access to an impressive selection of new launches with a special focus on premium tech including AI laptops, Smartglasses and others. In order to democratize access, multiple options will be made available including industry-first instruments enabling access to EMI for customers without credit facility * New launches for large appliances include a diverse range of products spanning double-door refrigerators, front load washing machines, 4K TVs, vacuum cleaners, and water purifiers. Some of the new launches include MI 55 inch QLED, IFB 9 Kg Front Load, Xiaomi 50 4K LED Google TV, among several others. Affordability remains a key focus with appliances starting at Rs. 99 per month via credit instruments like Credit card NCEMI, Debit card NCEMI, Bajaj Finance Limited NCEMI, Debit card & Cardless NCEMI, thereby enabling credit access to customers like never before * TBBD will enable access to a premium range of beauty and personal care, including a variety of global Korean brands at competitive pricing; along with a curated selection of dermatologist-recommended products and active ingredients to enable informed, science-backed choices for customers unique skincare needs * During this The Big Billion Days sale, Shopsy, Flipkart hypervalue platform, is delighting Bharat value-conscious shoppers with blockbuster offers starting at just Rs. 29/- and exciting evening deals from 7-11 pm. Adding to the festive cheer, Shopsy is offering the best value across 1,300 categories, with over 1 Cr+ products under Rs. 149/-, empowering customers in Tier 2, 3, and 4+ cities, and reaching shoppers across all serviceable pincodes in India Marketing Initiatives That Deepen Connections PAN India * Bringing back the magic of TBBD this year, a star-studded thematic campaign Yahaan kuch bhi ho sakta hai has connected with customers across multiple touchpoints PAN India * The festive season will also be witness to deeper creative content integrations across platforms (such as collaborations with the popular show Big Boss) and other targeted activations connecting with diverse consumer groups Supply Chain Initiatives * As part of its festive readiness, Flipkart has created over 2.2 lakh additional seasonal job opportunities across warehousing, logistics, and last-mile delivery roles. The hiring initiative includes a strong emphasis on inclusivity and empowerment, with a 10 growth in women and PwD hiring across supply chain operations * 15 of new hires are first-time workforce entrants; roles include pickers, packers, sorters, and delivery executives * Through the Supply Chain Operations Academy (SCOA), Flipkart has trained over 6,000 students and plans to upskill 10,000 additional associates by the end of 2025 * With the addition of new fulfilment centres (FCs) and last-mile hubs, this year expansion spans 35 lakh sq. ft., covering 21,000+ pincodes nationwide * Flipkart logistics network, which covers all serviceable pincodes, will see the expansion of 650 new festive-only delivery hubs in cities such as Siliguri, Kundli, Jakhar, including Tier 2 and 3 cities * Flipkart is also scaling its quick commerce backbone through nearly 400 new micro-fulfilment centers and dark stores across 19 cities Expanding the Seller Network for Deeper Reach * Flipkart marketplace continues to show strong performance, with a 25 rise in transacting sellers over the last 6 months and steady onboarding of new sellers, beyond traditional trade centers, including Kannauj, Khurja, and Shantipur * Simplified listing page and a revamped seller app with improved navigation to enhance the seller experience, leading to strong growth across categories such as BGM, Fashion, and Electronics, with momentum building ahead of the festive season and TBBD 2025 * Sustained investments in digital tools, training programs, and regional collaborations are strengthening the seller ecosystem. The New Seller Success Program has seen strong momentum, with free onboarding and dedicated account management in the first 60 days * Engaged 8,000+ sellers and MSMEs through the three-city Seller Summit in Jaipur, Surat, and Delhi, showcasing how digital tools and partnerships accelerate growth. Alongside expansion, consistent support to MSMEs to drive compliance adoption to ensure sellers have the knowledge to build a trustworthy and sustainable marketplace With The Big Billion Days 2025, Flipkart reaffirms its commitment to making festive shopping more inclusive, innovative, and unforgettable for every Indian household. The Flipkart Group is one of India leading digital commerce entities and includes group companies Flipkart, Myntra, Flipkart Wholesale, Cleartrip and super.money. Established in 2007, Flipkart has enabled millions of sellers, merchants, and small businesses to participate in India digital commerce revolution. With a registered user base of more than 500 million, Flipkart marketplace offers over 150 million products across 80+ categories. Today, there are over 1.4 million sellers on the platform, including Shopsy sellers. With a focus on empowering and delighting every Indian by delivering value through technology and innovation, Flipkart has created thousands of jobs in the ecosystem while empowering generations of entrepreneurs and MSMEs. Flipkart has pioneered services such as Cash on Delivery, No Cost EMI, Easy Returns, and UPI. These customer-centric innovations focus on enhancing digital payment offerings for all customers while making online shopping more accessible and affordable for millions of Indians. (ADVERTORIAL DISCLAIMER: The above press release has been provided by NewsVoir. ANI will not be responsible in any way for the content of the same) Disclaimer: This news article is a direct feed from ANI and has not been edited by the News Nation team. The news agency is solely responsible for its content.
New Delhi [India], December 2: The IVCA GreenReturns Summit 2024 commenced today in New Delhi, convening over 400 visionaries, investors, policymakers, and entrepreneurs to chart a transformative path for India's green economy. The Summit is dedicated to aligning India's climate goals with its trillion-dollar economic aspirations for a 'Viksit Bharat,' spotlighting high-impact investment opportunities, addressing funding gaps, and driving actionable solutions for net-zero and climate adaptation. Also Read | Mamata Banerjee Says West Bengal Yet To Get INR 14,000 Crore From Centre for Supply of ...Read More >
New Delhi, Nov 26: A day after the Cabinet Committee on Economic Affairs approved the PAN 2.0, the Income Tax Department on Tuesday issued a detailed clarification on the project based on a list of 11 frequently asked questions (FAQs) to provide taxpayers with a deeper insight into the new system. 1. What is PAN 2.0? PAN 2.0 Project is an e-Governance project of the Income Tax Department for re-engineering the business processes of taxpayer registration services. The objective of the project is to enhance the quality of PAN services through the adoption of the latest technology. Under this pr ...Read More >
From Shah Rukh Khan's massive earnings to Akshay Kumar's socially relevant roles, these top Bollywood stars dominate the industry with their impressive net worth and paychecks. Bollywood's highest-paid actors, including Shah Rukh Khan, Salman Khan, and Akshay Kumar, continue to dominate the industry with impressive net worths and paychecks, setting records with their blockbuster films and socially relevant roles. Shah Rukh Khan Known as the "King Khan," Shah Rukh is the third-highest paid actor in India with a net worth of ₹6,300 crore. Globally, his most recent blockbusters, Jawan and Path ...Read More >
Adani Group's listed stocks, which at one point saw as much as $34 billion wiped off their market value, meanwhile recovered ground as some partners and investors rallied behind it. State Bank of India will not stop lending to ongoing Adani projects that are nearing completion, two sources told Reuters, but will exercise caution when disbursing loans to ensure all terms and conditions are being met. Bank of India, Union Bank, ICICI Bank, Canara Bank, IDBI Bank and RBL Bank, which have relatively smaller exposures to the Adani Group, are undertaking similar exercises, sources said. A regulat ...Read More >
Air India launched a Black Friday Sale with discounts up to 20% on domestic flights and up to 12% on international flights to various destinations. The sale is available through the airline's website and mobile apps. Additional savings are possible with waived convenience fees and specific payment methods. The airline continues offering student and senior citizen discounts.Air India on Friday launched a limited-time Black Friday Sale offering discounts of up to 20 per cent off base fares for domestic flights within India. The Tata-owned airlines will also offer up to 12 per cent off base fares ...Read More >
Air India is also offering additional discounts through various payment offers, so you can enjoy even more savings. Air India has launched its limited-time Black Friday Sale, offering up to 20 percent off base fares for domestic flights and up to 12 percent off on international flights to destinations like the United States, Europe (including the UK), Australia, Southeast Asia, and South Asia. The sale is available exclusively on Air India's official website and mobile apps for iOS and Android. The sale runs from 00:01 IST on 29 November 2024 to 23:59 IST on 2 December 2024. The travel peri ...Read More >
NEW DELHI: Government is all set to allow 100% foreign direct investment in insurance business, paving the way for large companies to enter the market on their own, while allowing individual insurance agents to hawk policies of multiple companies, lifting the cap on being associated with only one life and general insurer. The twin measures are part of the Insurance Amendment Bill that is proposed to be introduced during the winter session of Parliament that kicks off later this month. On August 19, TOI was the first to report about the proposed increase in the FDI ceiling, a suggestion which ...Read More >
When it comes to hiking in Kauai, Waimea Canyon is a standout location. Visitors often wonder which trail offers the best experience. The Waimea Canyon Trail, particularly the one leading to Waipoo Falls, is one of the top choices. Known for its moderate difficulty, this trail offers some of the most breathtaking views of the canyon, often referred to as the "Grand Canyon of the Pacific." Hikers will reach a plateau in the heart of the canyon, where panoramic, Instagram-worthy vistas await. The added benefit of having cell phone access along most of the trail means hikers can share their stunn ...Read More >
Mumbai Indians (MI) made strategic moves in the IPL 2025 mega-auction, securing New Zealand pacer Trent Boult for ₹12.50 crore. MI owner Akash Ambani praised Boult’s invaluable skill in swinging the new ball, acknowledging the team’s struggles when he wasn’t playing for them in recent years. The franchise also acquired England’s Reece Topley for ₹75 lakh and New Zealand spinner Mitchell Santner for ₹2 crore. MI further strengthened their spin department by signing young Afghan talent Allah Ghazanfar for ₹4.80 crore, who has impressed with his performances in international cricket. ...Read More >
This offer is available only for a limited time, making it a perfect opportunity for fans of Allu Arjun and Pushpa to stock up on their grocery essentials while simultaneously securing a spot in the theater for the movie. (Read more below) In an exciting new promotional offer, Blink It, the popular e-commerce company, has partnered with the highly anticipated movie Pushpa 2 to provide its customers with a chance to watch the film for free. From November 23 to November 29, customers who place grocery orders (worth ₹999 or more) through Blink It will receive a ₹200 movie ticket voucher for Push ...Read More >
In this edition of Frontline Conversations, former Maharashtra Women and Child Development Minister Aditi Tatkare discusses how the Ladki Bahin scheme, which provided direct cash transfers to 2.35 crore women, transformed both the economic landscape and political dynamics of the State. The programme, which distributed Rs.7,500 across five instalments to women earning less than Rs. 2.5 lakh annually, not only empowered women with financial independence but also proved to be a decisive factor in Mahayuti's electoral victory, marking a shift in Maharashtra's traditionally male-dominated political ...Read More >
SHANGHAI, Dec. 02, 2024 (GLOBE NEWSWIRE) -- MultiMetaVerse Holdings Limited (NASDAQ: MMV) (MMV or the Company), a leading animation and entertainment company for young consumers in China, today announced that it has signed a definitive share exchange agreement (the Share Exchange Agreement) with the shareholders (the Transferors) of Bowong AI Limited (Bowong Cayman), which, after a series of restructuring transactions, is expected to indirectly hold 100% equity interests in Bowong Technology (Shenzhen) Co., Ltd. (Bowong Technology). Bowong Technology is a company equipped with cutting-edge tec ...Read More >
C2C Advanced Systems shares made a strong debut on the NSE SME Emerge platform on December 3, listing at a premium of 90 percent at Rs 429.40 against the issue price of Rs 226. The much-anticipated listing came despite an earlier postponement, which saw a setback for the company after over 3.72 lakh applications worth Rs 27 crore were withdrawn following regulatory action by the Securities and Exchange Board of India (SEBI). C2C Advanced Systems, a vertically integrated defence electronics solutions provider, focuses on indigenously developed products for India's defence sector. Track All I ...Read More >
day after the Cabinet Committee on Economic Affairs approved the PAN 2.0, the Income Tax Department on Tuesday issued a detailed clarification on the project based on a list of 11 frequently asked questions (FAQs) to provide taxpayers with a deeper insight into the new system. PAN 2.0 Project is an e-Governance project of the Income Tax Department for re-engineering the business processes of taxpayer registration services. The objective of the project is to enhance the quality of PAN services through the adoption of the latest technology. Under this project, ITD is consolidating all processes ...Read More >
Bengaluru, November 27, 2024: SuperGaming's highly anticipated Indo-futuristic Battle Royale game, Indus, has achieved a significant milestone, surpassing 5 million downloads on the Google Play Store and over 100,000 installs on the iOS App Store. This remarkable feat solidifies its position as one of India's fastest-growing games. The title has also been recognized as the Best Made in India Game by Google Play in their prestigious Best of 2024 awards. Indus has captivated players with its distinctive Indo-futuristic world setting that seamlessly blends Indian culture with futuristic aestheti ...Read More >
NEW DELHI: An Enforcement Directorate team undertaking searches in a cyber fraud linked money laundering case was allegedly attacked here on Thursday, officials said. The agency has registered a police FIR about the incident that took place at a farmhouse that was raided by ED officials in the Bijwasan area of southwest Delhi that falls under the Kapashera police station. An Enforcement Officer (EO) suffered minor injuries during the attack. He is continuing with the searches after he was given first aid, officials said. The probe pertains to a case against the PYYPL app. The alleged accus ...Read More >
The Supreme Court on Monday stayed further recovery of an outstanding tax demand from news portal NewsClick, directing the company's banker not to release any more money to the tax department based on a 2023 notice, and allowing the portal to use its two bank accounts for daily operations. The order was passed by a bench headed by justice BV Nagarathna on an application moved by PPK Newsclick Studio Limited, which alleged that ICICI Bank was not allowing the company to use its accounts despite a top court order to this effect passed on August 9. The tax department had raised the demand again ...Read More >
Infosys has announced an average 85% performance bonus for eligible employees in Q2 FY25, reflecting its strong financial performance. The bonus, paid to mid- and junior-level staff, will be credited with the November salaries, with individual payouts varying based on performance. This follows Infosys' impressive 4.7% rise in Q2 net profit and a revenue increase of 5.1%, leading to an upward revision of its FY25 revenue guidance. The bonus payout surpasses the previous quarter's 80%, with Infosys outpacing rivals like TCS. Employees are also awaiting salary hikes, with revisions expected from ...Read More >
Sunmei Hotels Group has announced the launch of Sunmei Group International (SGI) and three new overseas brands—SHANKEE, PENRO, and LANOU—marking its expansion into the UAE market. The company plans to introduce SHANKEE Hotels, a smart economy brand, to cities like Dubai, Abu Dhabi, and Riyadh. SGI focuses on smart marketing, modular renovations, and intelligent operations, leveraging big data and AI to enhance service and guest experiences. Chairman Ma Yingyao aims to open 100 hotels globally within the next decade, doubling revenue and establishing a strong international presence for Chinese ...Read More >
So, we believe the seasonality flavour should work out in the month of December. Apart from that market breadth that is more important to look out for where only if you look in the current corrective phase only 12% of the stocks were trading above the day moving average of total CNX 500 and that is coming to now improving to around 33%."We expect Nifty to find the support in the range of around 23,500 to 23,700 and we should be gradually heading towards the target of 24,500," says Dharmesh Shah, ICICI Direct. How is the new series looking to you? Do you think we are all awaiting that Santa ra ...Read More >
Vodafone Idea has launched an AI-powered Spam SMS solution to protect users from unwanted messages and potential fraud. The technology uses machine learning to detect and flag spam in real-time, with over 24 million messages identified since its testing phase. The solution complements existing measures like a user-friendly mobile app for filing complaints and reporting spam. Vi is also working on reducing unwanted voice calls and uses customer feedback for further detection. This initiative aims to provide proactive protection and safeguard customers' digital experience. Vodafone Idea's stock ...Read More >
OnePlus has released a new OxygenOS 15 update (CPH2573_15.0.0.305) for the OnePlus 12, bringing promised AI features such as AI Retouch, clarity enhancement, unblur, and reflection removal for photos, along with AI Notes. The update also enables live photo sharing with nearby iOS devices and includes the November 2024 Android security patch. Currently rolling out in batches in India, the update will expand to North America, Europe, and global markets next week. The update enhances both functionality and security, delivering on OnePlus' commitment to improving user experience with innovative AI ...Read More >
Mumbai (Maharashtra) [India], November 28: Pioneering furniture fittings solutions brand Hettich India is proud to announce that it has been officially certified as a Great Place to Work, a recognition that celebrates the company's unwavering commitment to creating an ecosystem where everybody thrives. Also Read | Diljit Dosanjh Concert in Kolkata 2024: Planning to Attend Dil-Luminati Tour, Don't Miss These 5 Must-Try Local Foods. This honor is especially meaningful, with an overwhelming 95% participation from employees helping Hettich India. It reflects a shared commitment to creating a fam ...Read More >
Mumbai, November 29: The Indian stock market opened in green on Friday as buying was seen in the Media and Pharma sector in early trade. At around 09.44 a.m., the Sensex was trading at 79,369.57 after gaining 325.83 points or 0.41 per cent, while the Nifty was trading at 24,019 after rising 104.85 points or 0.44 per cent. The market trend remained positive. On the National Stock Exchange (NSE), 1345 stocks were trading in the green, while 876 stocks were in the red. Nifty Bank was up 224.45 points or 0.43 per cent at 52,131.30. Nifty Midcap 100 index was trading at 56,397.95 after gaining 97. ...Read More >
In a miraculous turn of events, a seven-year-old boy who was kidnapped from Uttar Pradesh's Ghaziabad district more than 30 years ago has reunited with his family. IMAGE: Raju was kidnapped when he was seven-year-old from Uttar Pradesh's Ghaziabad district. Photograph: ANI Now 38, Raju shared his ordeal and said that after being abducted in September 1993, he was handed over to a truck driver who took him to Jaisalmer in Rajasthan. "The kidnappers kept me in a room located in the middle of a barren area, where I was forced to take care of sheep and goats. Each night, I was chained and locke ...Read More >
Anuj Kumar, Director & CEO of CAMS, highlights that despite recent market corrections, the company expects FY25 to be one of its strongest years. CAMS continues to dominate by winning 70-80% of new bids, focusing on execution and margin expansion, and anticipates significant revenue and profit growth driven by mutual funds and associated business lines.Anuj Kumar, Director & CEO, CAMS, says there has been some market correction and some flattening of the mood in the last two months. But as things come back, we should be holding our projections and FY25 should be one of the strongest years in t ...Read More >
Around 16 equity mutual funds have offered more than 30% CAGR in the last three years, based on the daily rolling returns. There were around 222 equity mutual funds that have completed three years of existence in the market. These 16 schemes were from six different categories. 10 small cap funds, two mid cap funds, a multi cap, flexi cap, contra fund, and an ELSS fund offered over 30% CAGR in the mentioned period. The first four toppers in the list were from the small cap category. Quant Small Cap Fund offered the highest CAGR of around 43.60% in the last three years based on daily rolling r ...Read More >
While India's growth story remains intact, market returns may moderate in the near term after two years of outperformance. After a sharp correction from the record highs of September, the equity market is widely anticipated to swing within a range as it wavers through moderating earnings growth, consumption slowdown, lofty valuations, and other global macroeconomic headwinds. Even though a persistent sideways movement of the market is likely to drag overall returns, traders are shifting towards pair trading to beat the market. Pair trading is a market-neutral strategy that allows investors t ...Read More >
The XEV 9e is fast and even in the lower range mode feels smooth along with lots of performance.Source : Somnath Chatterjee Electric cars are different and Mahindra has thrown everything at their new range of EVs in terms of a new electric architecture along with specifications normally seen on luxury cars. The XEV 9e based on the Inglo platform is the bigger and more premium EV which starts at Rs 21.9 lakh while coming with two battery pack options- 59 and 79kwh. The 79 kwh battery pack means 656 km range and 284 bhp which means 0-100 km/h is just 6.8 seconds. The big XEV has lots of road p ...Read More >
HONG KONG SAR - Media OutReach Newswire - 2 December 2024 - Long recognised as a land of luxury, Hong Kong has levelled up its luxury hub appeal following the Leaders of Luxury Summit 2024. Organised by Robb Report Hong Kong, the summit brought together luxury industry titans to discuss pivotal topics that "Redefine Luxury Through a Global Lens" at Regent Hong Kong on November 26-28, 2024. According to the latest "2024 Billionaire Census" report from Altrata, the city is currently world's no. 2 with the highest number of billionaires. The city is expected to have 22.4% more ultra-high-net-wor ...Read More >