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Quant Mutual Fund has crossed Rs 1 lakh crore asset under management (AUM) in August. The fund house has over 81 million unique investors within just a few years, according to a release by the fund house. The fund house mentioned that, “At quant, we are today acknowledging our emotional connection with our stakeholders, which is pouring forth in a big way as we put a marker down, with over 81 million of our unique investors, on a unique landmark within just a few years.” “We wanted to extend our heartfelt congratulations to all our investors as your favourite fund house ‘quant Mutual Fund’ has surpassed one lac crore (1,00,000 crore) Money under Management (MuM). This is a remarkable achievement for us as a team, particularly given that it reflects our exceptional and consistent performance and speaks about our capability to generate superior risk-adjusted returns year after year,” added the release.

Republican former Vice President Dick Cheney announced his decision to vote for Democratic presidential candidate Kamala Harris over Republican former President Donald Trump in the Nov. 5 U.S. elections. This follows a similar endorsement from his daughter, Liz Cheney, earlier this week. The announcement comes amid a closely contested race between Trump and Harris. “In our nation’s 248-year history, there has never been an individual who is a greater threat to our republic than Donald Trump,” Cheney said in a statement. “He tried to steal the last election using lies and violence to keep himself in power after the voters had rejected him. He can never be trusted with power again.” “As citizens, we each have a duty to put country above partisanship to defend our Constitution. That is why I will be casting my vote for Vice President Kamala Harris,” he concluded.

The father of the 14-year-old suspect accused of killing four people on Wednesday during a shooting at Apalachee High School in Winder, Ga., has been arrested and charged with two counts of second-degree murder.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Sam is a financial journalist with a focus on cryptocurrency market news, based in London. With a Master’s Degree in Development Management from the London School of Economics, Sam’s passion for...

New Jersey gambling regulators have levied a $33,000 fine on sports betting company bet365 for taking bets on games in which the outcome was already known, and on games that were not approved for betting

Amazon is challenging the structure of the National Labor Relations Board in a lawsuit that also accuses the agency of improperly influencing the outcome of a union election at a company warehouse more than two years ago

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

₹80 lakh on Sebi, the National Stock Exchange of India (NSE), and the BSE on August 26 for illegally freezing the demat accounts of two people erroneously classified as promoters. The powers of the exchanges stem from Sebi circulars dated 30 November 2015 and 26 October 2016, which prescribe the standard operating procedures for how to deal with non-compliance of norms by listed companies. Legal experts said the promoters of a company might not necessarily be the people making decisions.

income tax return (ITR) and verified it also, it may not be sufficient to ensure that you get your tax refund on time as it may depend on many other factors. Before the tax department issues a refund, certain checks and balances must be met. One such measure is the 'Risk Management System (RMS),' which the tax department employs to identify ITRs that may warrant further scrutiny. If your ITR has been identified by the tax department's RMS, then an intimation will be sent to your email address. You can also view this intimation on the e-filing portal (steps to view are given below). Once the tax department's RMS has identified your submitted and verified ITR, it will not be processed until you fix the issue. In the worst-case scenario, if you decide not to take any action, then the tax department can issue you an income tax notice.

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Arslan Butt is a professional live webinar speaker and derivatives (cryptocurrency, forex, commodities, and indices) analyst. He brings a broad range of skills to help beginners evaluate financial...

SME IPOs are selling like hotcakes with dramatic oversubscriptions even as Sebi’s warnings about malpractices in some listed companies raise red flags.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

West Bengal Governor Ananda Bose has criticised Chief Minister Mamata Banerjee for failing to send a technical report along with the Aparajita Bill passed by the State Assembly. As per rules, the government is duty bound to send a technical report before a decision is taken on giving assent to the bill. The Raj Bhavan admonished Nabanna (State Secretariat) against allegedly misleading the people to cover up the lapses of the State government. «This is not the first time that the government has withheld technical reports and blames Raj Bhavan for withholding the bills,» a statement by Raj Bhavan said. The Governor has taken swift action on the Aparajita Bill and admonished the Chief Minister. According to the statement, «The governor has pulled up the Chief Minister for failing to send the government's technical report on the bill, which is mandatory under the rules. He has admonished the government and told them to do their homework in important matters like this.»

FMCG sector. Britannia is reportedly in talks to acquire Guwahati-based snacks maker Kishlay Foods. Last year, ITC acquired healthy snacks brand Yoga Bar and there have been reports of some of the leading FMCG players considering buyouts of some snack companies.

Land Acquisition Officer of the Karnataka Industrial Area Development Board (KIADB), and land broker Maibub Allabuksh Dundasi under the Prevention of Money Laundering Act (PMLA), 2002. This action is part of an ongoing investigation into a fraudulent double payment scheme involving KIADB, where compensation amounting to Rs. 72 Crore was improperly disbursed. ED initiated investigation on the basis of FIR registered by Vidyagiri Police Station, Dharwad under various sections of IPC, 1860 against V D Sajjan (Former Special Land Acquisition Officer of KIADB Dharwad Zonal Office) and others.

Joe Biden's son Hunter pleaded guilty in a tax evasion trial on Thursday, without reaching the deal he had sought with prosecutors, in a case that has been an embarrassment for the US president. The 54-year-old admitted nine counts related to failing to pay $1.4 million in taxes over the past decade, money that prosecutors said he splurged instead on luxury living, sex workers and a drug habit. The pleas came on the day jury selection for a trial had been due to start, and hours after Biden had offered to plead guilty in the hope of striking a deal that might keep him out of prison.