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The M&G China fund will focus on a universe of around 300 Chinese companies and will hold between 50 to 80 stocks. The launch of this fund is part of the firm's strategy to make its investment capabilities more widely accessible to external investors, with a focus on the UK wealth managers as they seek to increase their allocation globally.  In addition, it will aim to deliver a higher total return net of ongoing charges figure compared to the MSCI China with 100% China A Share index over any five years. The move comes at a time when Chinese equity valuations have reached all-time ...

Manipur is escalated by the involvement of militants. Police have found that out of six people killed on Saturday in Jiribam three belonged to Kuki militant outfitKuki Liberation Army (KLA), a group that is under the Suspension of Operations (SoO) pact with the central government and one from on ceasefire Meitei outfit UNLF (P). Six people were killed in Jiribam district on Saturday. Among those killed one was a civilian and the rest were armed people. Manipur police has stated in X, “In c/w the case of 06.09.2024, suspected Kuki militants had attacked Nungchappi village under Jiribam District resulting in death one senior citizen civilian identified as Yurembam Kulendra Singha (63) yrs S/O.

Incoming Starbucks chief executive Brian Niccol is set to partake in a ceremonial “first sip" of coffee Monday as he reports for his first day of work. For Starbucks employees, it is another change to digest. The coffee chain’s board of directors, investors and longtime leader Howard Schultz have embraced Niccol since his hiring last month, praising the former Chipotle Mexican Grill CEO as the best possible choice to turn around Starbuck’s operations and restore its brand after a turbulent few years.

term insurance and dies at age 35, the family will continue to receive monthly payouts for the remaining 35 years of the policy term. However, even if only a few years remain in the policy term, the plan guarantees at least 10 years of monthly payouts. So, even if the policyholder dies at 65, with only five years left in the term, the family will receive monthly payments for the next 10 years.

These Indian Warren Buffetts are the ones who are known widely for their value investing approach and long-term vision. When they pick stocks, it sends the investor circles and Whatsapp groups in an overclocking mode. So, it makes sense to know about the stocks these Indian Warren Buffets are betting big on, especially now that the Sensex is continuing its bullish run.

the topic of discussion among analysts and foreign investors. In a recent report published on 29 August, global brokerage Bernstein presented 10 valuation-based stock ideas to navigate the market hysteria as valuations do not seem to concern individual investors. Bernstein’s view on the Indian markets is to navigate cautiously.

The Diary of a CEO, Steven Bartlett writes that the first law of business and life is “filling five buckets"—knowledge, skill, network, resources and reputation. For Rudra Chatterjee, each bucket is full to the brim. The 47-year-old chairperson of Obeetee Carpets and managing director of Luxmi Tea holds an MBA from Columbia Business School and a Masters in design history from Oxford University; his network comprises advisors and friends like Nobel laureate Abhijit Banerjee and current Bangladesh PM Mohammed Yunus; and both his companies have received numerous awards.

Hexaware Technologies has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise ₹9,950 crore through an initial public offering (IPO). The IPO will entirely be an offer for sale from CA Magnum Holdings, an affiliate of private equity firm Carlyle Group. Hexaware is a global digital and technology services company with artificial intelligence (AI) at its core. It offers five broad services — design & build, secure & run, data & AI, optimise, and cloud services. Hexaware was delisted from the Indian bourses in 2020.

New Zealand will aim to exploit Afghanistan's relative inexperience in red-ball cricket, in the one-off Test starting here from Monday, and gather momentum ahead of their upcoming World Test Championship challenges in the sub continent. New Zealand's first-ever Test against Afghanistan will kick off a challenging couple of months for the Black Caps who play six long-format matches on the bounce in the subcontinent, something they haven't done in 40 years. With their underwhelming subcontinent record in mind (40 losses in 90 matches), New Zealand would want to hit the straps straightaway.

Fifty-three years after its founding, Starbucks is unhappy with what it’s become – and trying to figure out how to meet customers’ changing needs without losing its coffeehouse roots

coal collapsed on them at an alumina refinery in Chhattisgarh's Surguja district on Sunday, police said. The incident occurred around 11 am at Maa Kudargarhi Alumina Refinery in Silsila village under the Raghunathpur police chowki, an official said. A steel tower-mounted hopper filled with coal collapsed and fell on ten men working below it, he said.

Their assets under management (AUM) is expected to grow at a healthy clip of 40-45 per cent to cross Rs 60,000 crore this fiscal, as per the rating agency. By definition, the assets under management (AUM) is the market value of the investments managed by the entities.

Assam chief minister Himanta Biswa Sarma said that thegovernment has discussed on the recommendations of Justice (Retd) Biplab Sarma Commission, which was constituted by the Ministry of Home Affairs, Government of India, to implement Clause 6 of the Assam Accord. State government will in consultation with All Assam Students Union (AASU) will implement 52 by April 2025. Sarma said that there will be regular meeting with AASU. “There will consultation with sixth schedule councils and people in Barak valley. However, for implementing these recommendations in Brahmaputra valley we do not require any consultation with this bodies.” Assam government stated after detailed consideration, Cabinet has accorded approval to implement 57 out of the 67 recommendations made by the Commission. For the remaining 10 recommendations, in-depth discussions will be held with the Government of India. These recommendations will be applicable across the State except 6th Schedule areas and Barak Valley. In these regions, the recommendations will be implemented only after concurrence of the authorities and the people in those regions.

The Lord of the Rings: The Rings of Power has made a triumphant return to our screens. Set in J.R.R. Tolkien's Middle-earth, the series has been loved by audiences due to its rich storytelling and stunning visuals. However, as Season 2 unfolds, fans are already wondering about the possibility of a third season. With the epic narrative continuing to expand, the question on everyone's mind is: Will there be a Rings of Power Season 3?

Taylor Fritz became the first American man since 2009 to reach a Grand Slam final on Friday, setting up a US Open title showdown against world number one Jannik Sinner. Fritz, the world number 12, twice fought back to defeat compatriot Frances Tiafoe 4-6, 7-5, 4-6, 6-4, 6-1 in his semi-final. Australian Open champion Sinner became the first Italian man to make the New York final with a 7-5, 7-6 (7/3), 6-2 win over an ailing Jack Draper of Britain.

Paris Paralympic Games. As the campaign comes close to an end, here are five takeaways from Paris: ADOPT MORE SPORTS: There were 23 sports disciplines at the Paris Paralympics but the majority of India’s success came in just four — athletics, archery, shooting and badminton. In swimming, for example, there were 140 medals on offer, but India had just one participant. Clearly, there is immense room for improvement. India need to adopt other sports to win many more medals in Los Angeles in 2028. THERE IS A STORY: Paralympics are less about the medals and more about participants. Behind every medal or every athlete is a story. Dharambir Nain and Pranay Soorma won gold and silver respectively in the men’s club throw event. However, the disability quotient with them is so high that it is impossible to predict their performance. “They have no control over their bowel movements. They often pass urine while competing,” said Satyanarayana Shimoga, coach of the track and field contingent. “If they aren’t sitting in the perfect position, they can’t perform.” Unless you know their story, it is impossible to appreciate their success. “Prachi (Yadav) made the finals of her event despite a serious eye infection. We had to dress her eye every six hours. For her to play with the infection shows how resilient she is”, said Dr Ameya Kagali, medical head of the contingent.

Amazon Freevee has confirmed that Bosch: Legacy will conclude with its upcoming third season. The eagerly awaited season is set to premiere in March 2025, marking the end of this successful spinoff of the popular Bosch series, as mentioned in a report by Decider. Bosch: Legacy follows the story of retired homicide detective Harry Bosch, portrayed by Titus Welliver, as he transitions into his new role as a private investigator.

Wrestling Federation of India President and Bharatiya Janata Party leader Brij Bhushan Sharan Singh on Saturday termed Congress leaders and wrestlers Vinesh Phogat and Bajran Punia «khalnayak» (villains). On September 6, the two ace wrestlers joined the Congress almost a month before the Haryana assembly polls. Brij Bhushan said, «Vo khalnayak hai Haryana ke. Visheshkar khildaiyo ke (They are villains of Haryana, especially to athletes).»

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Netflix is infamous for cancelling many of its promising shows without a by-your-leave, the streaming giant has also given many dying shows a new lease of life. One of the best examples of a cancelled show that the OTT platform raised to overnight stardom is the American supernatural TV series ‘Manifest’. The series, which revolved around the passenger and crew of a commercial airliner that suddenly reappears after disappearing for over five years, originally premiered on the channel NBC in 2018. However, it was cancelled just after three seasons due to dwindling viewership. In June 2021, Deadline revealed that NBC had opted not to continue the drama series for a fourth season. Despite a strong start with respectable ratings when it first aired, the show's audience steadily dwindled over time, with a notable drop in viewership during its third season. However, in August 2021, Netflix acquired the rights to the series and approved a fourth season.

Rajasthan chief minister Ashok Gehlot has demanded that the state and central governments complete work on the Barmery refinery-cum-petrochemical project within the specified time frame. Gehlot said there were reports that 79 per cent of the work was completed by May and, in such a situation, it might take another year to complete the remainder. «The state government should coordinate with the central government, HPCL (Hindustan Petroleum Corporation Limited) and ensure completion of the refinery work within the stipulated time frame,» he said in a post on X on Saturday.