City Sandeep Financial News

Quant Mutual Fund got its MF license from the markets regulator in 2017 and is the fastest-growing mutual fund in the country with over ₹90,000 crore of assets under management (AUM).Issuing a clarification, the company said it is “fully committed to co-operate with the regulator" and "will provide all necessary support and continue to furnish data to SEBI on a regular and as-needed basis".Front-running is an illegal practice where fund managers or, dealers or brokers, who are aware of upcoming large trades, place their own orders beforehand to profit from the anticipated price movement when the large trade is executed.Amid this, we take a look at all you need to know about Quant Mutual Fund. According to the official website, the financial services business emerged "in the midst" of the 2008 global financial crisis.

Mukesh Ambani endorsing a company called 'Rajiv Sharma Trade Group' and promoting its BCF Investment Academy for high returns. Dr. K K H Patil became a victim between May 28 and June 10, transferring Rs 7.1 lakh to 16 different bank accounts. The scam attracted her with the promise of high returns and a seemingly legitimate endorsement by Ambani. When Patil tried to withdraw the Rs 30 lakh shown as her profit on the trading website, she realized she had been duped.

Dharmendra Pradhan on Sunday assured action against National Testing Agency officials if they are found guilty of the «irregularities» in the conduct of 2024 National Eligibility-cum-Entrance Test (Undergraduate). The Minister added that the improvement in NTA, which conducts NEET exam, is needed. «On the recommendations of the Supreme Court, the order has been given for re-test of 1,563 candidates. Some irregularities have come to light in two places. I assure students and parents that the government has taken this seriously,» Pradhan told ANI.

The Swiss not-for-profit organization behind the NEAR Protocol, NEAR Foundation, has launched a new modular product suite to form Nuffle Labs. raising $13 million in funding.

Polygon ID, a digital identity firm working with on-chain and online data and a spin-off from Polygon Labs has rebranded to Privado ID.

Gold rate today: After disappointing US job data and the buzz about the US Fed rate cut, the gold price today witnessed bulls' support during early morning deals. The gold futures contract on the Multi Commodity Exchange (MCX) for August 2024 expiry opened upside at ₹73,237 per 10 gm and touched an intraday high of ₹73,378 per 10 gm.

1993 Mumbai serial bomb blasts was fatally attacked by five inmates in Kalamba Central Jail, Kolhapur, on Sunday, police said, according to a PTI report.The deceased, 59-year-old Munna alias Mohammad Ali Khan alias Manoj Kumar Bhawarlal Gupta, was involved in an argument with other inmates regarding the use of the bathroom. This dispute escalated and led to the violent attack.Also Read | Rupert Murdoch marries for fifth time, 93-year-old media mogul ties knot with 63-year-old Elena ZhukovaDuring the argument, several under-trial inmates removed an iron cover from the drainage and struck Khan on the head.

heatwave and extreme weather conditions in most parts of the country have taken a toll on restaurants, pubs and bars across Indian cities, with outlets reporting an up to 40% dip in sales and footfalls. Businesses that thrive on al fresco, or open-air dining, and those present in high street locations are among the worst hit, industry insiders said. The impact is most visible during the lunch hours when the usual hustle and bustle have given way to mostly empty tables. The lunch business is “almost next to nil”, said Priyank Sukhija, chief executive of First Fiddle Restaurants that operates outlets of brands such as Lord of the Drinks, Miso Sexy, Diablo, Tamasha and The Flying Saucer Café.

Reliance Industries’ retail arm, Reliance Retail will not compete with Blinkit and Zepto with a 10-minute delivery model for its proposed re-entry into quick commerce venture next month. Instead the country’s largest retailer is planning a 30-minute delivery model with a wider assortment than existing quick commerce companies which will be fed by Reliance’s own stores and the almost 20 lakh kiranas who source products from the company, said two executives aware of the plans. The kiranas are part of the JioMart Partner initiative whereby they source products from Reliance Retail’s wholesale arm and have their backend connected. The company will be utilizing tech platforms such as FYND and Locus for the fulfilment process and optimise delivery routes to ensure orders reach within 30 minutes, considering Reliance is not setting up dark stores like other quick commerce operators who have such warehouses in each locality for under-ten-minute delivery, they said.

Polygon Labs has undergone a key structural change to improve its focus on building zero-knowledge (ZK) technology solutions. On Tuesday, the software company announced that it had expanded the co-founder and executive chairman Sandeep Nailwal’s role to chief business officer (CBO).

Ranchi. The video of the murder has surfaced and is now circulating widely on the internet. The CCTV footage shows a man wearing shorts, with his face covered and holding a rifle, entering the bar. He then shoots the DJ operator in the chest from point blank range. According to the police, the accused fled the scene after the incident. The accused, along with four others, reached the bar at approximately 1 pm. According to the police, he did not receive any alcohol because the bar was closed.

Rajasthan Royals (RR) put up a brilliant display of bowling, managing to restrict Sunrisers Hyderabad (SRH) to a total of 156 runs in 20 overs of play in the first innings. RR's bowlers continue to chip away, picking wickets at regular intervals to never let SRH's tremendous batting line-up to cut-loose. Trent Boult and Avesh Khan complemented each other well to took three wickets each.

MG Motor India on Thursday said it has signed an initial pact to deliver 3,000 EVs to integrated fleet electrification platform Vertelo in a phased manner. Both the entities have signed a memorandum of understanding to this effect. The partnership will focus on providing sustainable mobility solutions to riders and will also work towards establishing a robust EV charging infrastructure in the country, MG Motor India said in a statement.

Bangalore (Karnataka) [India], May 20: In the fast-paced world of food and beverage, where trends shift with the wind and consumer preferences evolve rapidly, adaptability is key. Amidst this ever-changing landscape, Stonefield Flavors stands out as a beacon of innovation, reshaping the industry with its unwavering commitment to speed and creativity. Under the leadership of CEO Sandeep Devgan and his ‘Dream Team, as he calls it, the company has swiftly risen to prominence, becoming the fastest-growing flavour manufacturing multinational from India, a testament to its visionary strategies and dedication to excellence.

KKR has announced its acquisition of a significant minority stake in Infinx Services, the leading healthcare revenue cycle solutions provider. Through this investment, KKR will leverage its extensive experience in the global healthcare and technology sectors to accelerate Infinx’s growth, expand the company’s network, and support bolt-on acquisitions, stated a company release. Norwest Venture Partners, an existing shareholder, also participated in the transaction. Co-founded in 2012 by Sandeep Tandon and Jaideep Tandon, Infinx is a provider of data-driven revenue cycle management solutions for the healthcare sector, with a particular focus on the US market. Infinx’s Healthcare Revenue Cloud platform supports end-to-end revenue cycle business functions utilizing AI, automation, payer integration, and workforce management.

judgement of a Constitution bench would be "binding" on benches of lesser strength, the Supreme Court has said while recalling an April 2022 verdict delivered by it. In its order dated April 7, 2022, the apex court had held that a panchayat cannot claim ownership of the land which has been taken from the real owners from their permissible ceiling limits under the land law in Haryana. The apex court had consequently said panchayats can only manage and control the land which has been taken from the owners and cannot claim title. «It is pertinent to note here that for the land taken from the proprietors by applying pro-rata cut from the permissible ceiling limits of the proprietors, management and control alone vests with the panchayat but such vesting of management and control is irreversible and the land would not revert to the proprietors for redistribution as the common purposes for which land has been carved out not only include the present requirements but the future requirements as well,» it had said.

Telugu and Kannada TV star Pavithra Jayaram passed away in a tragic accident recently, leaving a huge void in the small screen industry. As news of her demise broke out, a video featuring her dancing with her husband Challa Chandu. The Instagram video features the ‘Trinayani’ actress dressed in an ornate saree and posing with her husband (who incidentally essayed the role of her brother in ‘Trinayani’). The video caption read, «My love always for u papa @chandrakanth_artist miss you papaEnduku antha edusthunavu nanu neethone vunnara pichoda love u mama.» However, the video later got deleted.

Lucknow and Kanpur, Unnao, whose political identity has been dominated by the Kuldeep Singh Sengar saga for a while, is witnessing a familiar battle between old contenders, but external factors may change the dynamics. Sengar, former BJP MLA, was sentenced to life imprisonment four years ago by the Delhi HC for raping a minor. The BJP's incumbent two-term MP Sakshi Maharaj is facing a spirited fight from former Congress MP from Unnao Annu Tandon for a third time, but this time as SP candidate. Originally from Kasganj, he won three Lok Sabha elections from Mathura and Farrukhabad, before being brought here in 2014, then winning on the back of almost en bloc support from the dominant Lodhi caste here as well as Nishads, combined with the Hindutva and Modi factor. But he has not been able to develop much of a positive reputation for himself in the past ten years. It is this 'Modi-Lodhi' factor that Tandon is challenging. A native of Unnao — whose late husband Sandeep Tandon was advisor to Mukesh Ambani — Tandon is widely known for her philanthropic activities, from contributing generously to weddings of girls to holding camps for eye checkups and more, according to locals.

Kejriwal got interim bail to campaign for the Lok Sabha elections, the AAP convenor accused Prime Minister Narendra Modi of attempting to «crush» not only the opposition but also his own party's leadership to propagate the idea of «One Nation, One Leader». Addressing a press conference, which resembled an election rally with supporters crowding AAP headquarters on Deen Dayal Upadhyay Marg, Kejriwal said: «Why did you arrest Kejriwal? With this arrest you have given a message to the country — if I can arrest Kejriwal, I can arrest you also, I can arrest anyone.» He said the Prime Minister was on a very dangerous mission. «This mission is called 'One Nation One Leader'. He wants to finish all leaders through this. The entire opposition will be put behind bars and then he will finish the politics of BJP leaders,» he said, adding: «If they win the election, you take it in writing on an affidavit from me, Mamata didi will be behind bars, Uddhav Thackeray, Tejaswi Yadav, MK Stalin — everybody will be behind bars. I am here to beg from 140 crore — save my country, save my India from this dictatorship.»

Delhi Chief Minister Arvind Kejriwal on Friday walked out of Tihar jail after 50 days. The Supreme Court granted him interim bail in the Delhi Excise Policy case till June 1 and said that the Aam Aadmi Party leader is not a threat to the society. A huge crowd of supporters gathered outside Tihar jail to welcome the Chief Minister on his release. After coming out of jail, the Delhi CM said, " I have a request, we have to save the country from dictatorship. I am fighting against it with all might."

Arvind Kejriwal has been included in the list. Kejriwal's wife, Sunita Kejriwal, Punjab CM Bhagwant Mann, former Delhi deputy chief minister, Manish Sisodia, Satyendar Jain, MPs Sanjay Singh, Raghav Chadha, Delhi ministers Gopal Rai, Atishi, Saurabh Bharadwaj, Kailash Gahlot and Delhi Mayor, Shelly Oberoi are also included in the list.