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MUMBAI : Unicorns on deal street are finding little love, as investors chasing rising valuations hitch their wagons to smaller startups. Founders, investors and bankers noted greater interest in companies valued up to a billion dollars, while those above $2 billion find few takers. There were 318 deals in companies valued below $1 billion this year against just five in those valued over a billion, one valued over $2 billion and none for companies that are valued over $3 billion, data from Tracxn showed.

MUMBAI : Big banks led Monday's bull charge in stocks, adding the most in percentage terms to the Nifty and Sensex, after trailing their smaller peers in valuations over the past year. The surge lifted the Bank Nifty to a record, helping the Nifty clock a new high during the day. Four of Nifty's five top gainers were banks, fetching 70% of the Nifty’s 223.45-point gain to 22,643.40.

Most Canadians — in fact nine out of 10 — say the Canada Pension Plan is an important source of their retirement income and six out of 10 say it’s essential and they can’t do without it.

Canada’s decision to ground Boeing’s 737 MAX-8 jets in 2019 came as a result of a chance European encounter that led to new data about two deadly crashes, suggest documents obtained by Global News.

criminal cases against themselves, the ADR said in a new report. Seven candidates have also declared prior convictions, according to an analysis of details of candidates contesting the elections in the third phase by the Association for Democratic Reforms (ADR) and The National Election Watch. The third phase of the elections will be held on May 7. Among the 244 candidates with criminal records, five face charges related to murder while 24 have been booked in cases of attempted murder.

optimal health, a person's ideal day should include more than four hours of physical activity involving exercise of light, moderate or vigourous intensity, and at least eight hours of sleep, new research has found. Light-intensity activity could range from doing chores to making dinner, whereas moderate and vigourous exercise involve more intentional movement such as a brisk walk or a gym workout, researchers said. The ideal daily routine should also include six hours of sitting and five hours of standing, they said. The international team, led by Swinburne University of Technology, Australia, analysed the behaviour of more than 2,000 people within a 24-hour day to determine the right mix of time spent sitting, sleeping, standing and being physically active for desirable health.

The departing portfolio managers are Chris Parr, Will Kenney, James Clarke and Niko de Walden.  Rutter joined RLAM in 2017 from Waverton Investment Management, where he worked as a director for global equities for nearly five years. Royal London AM head of fixed income Jonathan Platt to retire Prior to that, he was managing director for global equities at IronBridge International for more than five years and, before that, he worked as a portfolio manager at Deutsche Asset Management, now DWS. Following the resignations, RLAM has reshuffled its global equities team, which will no...

Delhi Police has asked Telangana Chief Minister Revanth Reddy to join the probe on May 1 in connection with Union Home Minister Amit Shah's doctored video being circulated on social media, official sources said on Monday. According to sources, the police served notices to five people, including Reddy, who posted the video on X. Reddy, who is also the Telangana Congress chief, has been asked to appear with his mobile phone allegedly used for posting the fake video on X, according to sources. The Special Cell of the Delhi Police had on Sunday registered an FIR after the Indian Cybercrime Coordination Centre (I4C), which is under the Ministry of Home Affairs, filed a complaint about the doctored video of Shah where his statements indicating a commitment to abolish quota for Muslims on religious ground in Telangana were changed to make it seem that he was advocating scrapping all reservations.

West Bengal Chief Minister Mamata Banerjee on Monday criticised the BJP for using the Uniform Civil Code (UCC) as a political ploy ahead of the elections, asserting that Hindus will not benefit from it. Speaking at a rally in the minority-dominated Jangipur constituency in Murshidabad district, Banerjee accused the BJP of resorting to divisive tactics in the face of anticipated defeat in the initial phases of polling. «Whenever there are elections, they use one issue or the other to flare up communal tensions. This time they are talking about the UCC and are propagating that it is against a particular community. But this UCC is nothing but political rhetoric and Hindus in no way will benefit from it,» she said. Banerjee highlighted a growing anti-BJP sentiment nationwide, especially evident after the first two phases of voting.

Narendra Modi on Moday said the opposition "INDI alliance" wants to give the PM's post to its leaders for a year each, and asked the people if they support such an idea. «There is a great war going on about who will be the leader of the INDI alliance. Can you hand over such a big country to someone whose face is not known,» Modi said, addressing an election rally in Solapur. Modi claimed that if the INDI alliance comes to power, it will work with the "one year, one PM" formula during its five-year term.

UltraTech Cement has recommended a dividend of Rs 70 per share while announcing their Q4 results on Monday. The dividend is 700% of the face value for the financial year 2023-2024. The cement maker reported a Profit After Tax (PAT) of Rs 2,258 crore, up 36% YoY, beating the Street estimates of Rs 2,048 crore.

«The most important thing to understand is that we believe that the valuation of Apollo HealthCo will go up by many multiples and this will happen because of the integration of Keimed,» says Suneeta Reddy, MD, Apollo Hospitals. Congratulations on firstly the deal. Outline for us what Advent really brings on the table besides of course growth capital and how is it that you see the synergies build in. The most important thing is that Advent is bringing capital to the table. They are bringing 300 million for 12.1% of the combined entity, which is the current Apollo HealthCo plus Keimed, so they will get 12.1%. In terms of their exit, there is an optionality that can be triggered post five years and I think we have many options on how to handle their exit.

India Meteorological Department (IMD) predicted heatwave conditions at isolated locations in Mumbai, Thane, and Raigad on Monday. Independent weather forecaster Abhijit Modak, who runs the Konkan weather blog, mentioned that Sunday's temperature spike was due to a dry northerly/northeasterly land breeze influenced by the seasonal high-pressure area over the north-central Arabian Sea. However, no heatwave warning is in effect for April 30, although hot and humid conditions are expected in the same areas.

Death by firing squad is a sentence usually meted out in the military for heinous crimes like murder or desertion. The condemned prisoner is tied to a post or stood against a wall. A group of five or more soldiers aim at him, and on command, fire their rifles simultaneously.

It is a long-term investment, has very low costs and comparitively low risk. Investors should look beyond tax and invest more than the deduction limit, Rahul Bhagat, CEO of DSP Pension Fund tells ET Wealth. DSP has returned to the NPS after several years. What made you come back? The pension market has matured and the regulatory framework is more robust now. Instead of applying for a licence every five years, we now have a perpetual licence. The very low charges have also been revised. The charges are still quite low, but enough to make the business viable in the long term. All this gives us confidence to stay in the business for the long term. What makes the NPS a better product than other retirement options?

Bihar, and Jharkhand for the next three days. HeatwaveIn an official release, IMD said, “Heat Wave to severe heatwave conditions very likely to prevail in many places over Gangetic West Bengal, Odisha and Bihar, in some parts over Jharkhand till 1 May and then heatwave to severe heatwave conditions likely at isolated places over these areas on 2 May.

Buy or sell stocks for today: After rising for five straight sessions, the Indian stock market came under profit-booking stress and ended lower on Friday last week. The Nifty 50 index lost 150 points and closed at the 22,419 level, the BSE Sensex shed 609 points and finished at the 73,730 mark whereas the Bank Nifty index corrected 293 points and ended at the 48,201 level.

Also read: Bihar CM Nitish Kumar predicts ‘more than 4,000 seats’ for NDA The reason behind such loyalty to Nitish is that after becoming CM for the second time in 2005, he took several revolutionary initiatives. His government gave away bicycles to girls in every town and village. This brought girls out of homes to pursue education, and ushered in a shift in society’s lowest classes.

₹5,000 crore may be offered for developing the ecosystem for building inland vessels in the country to support movement of cargo on national waterways. Capital support may also be considered for producers of sea bound vessels at a later stage. At present 14 PLI schemes with an outlay of ₹ 1.97 trillion are under implementation for five years from FY22.

An emergency slide fell off a Delta plane that was taking off from New York, and pilots returned to the airport and landed safely

A bill to ban the use of confidentiality agreements when negotiating potential laws in California has failed to pass