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Kia India has unveiled the 'My Convenience Plus' post-purchase initiative, catering to new Kia Seltos owners. This program is designed to significantly reduce ownership expenses, with costs as economical as ₹0.82 per kilometer.

(Reuters) — The Russian rouble weakened past 95 against the dollar on Thursday, in a volatile week filled with speculation over how the authorities might stabilise the currency after a 350-basis-point rate hike seemed to have a limited effect.

ASX-listed global equities’ manager GQG Partners has reassured the market that a key tie-up with Goldman Sachs is sound, as it delivered another half of revenue growth, defying broader weakness in the funds management sector.

Britney Spears and her husband Sam Asghari are reportedly heading for Splitsvilla. According to a report by TMZ, Asghari accused the ‘Toxic’ singer of infidelity and the duo had a nasty fight. Asghari moved out of her Los Angeles home.

Quant Small Cap Fund increased investors wealth by around 2.58 times in five years, and offered 39.91% XIRR. Nippon India Small Cap Fund, the largest scheme in the small cap category based on AUM, increased investors' wealth by 2.22 times. In simple words, if someone started an SIP of Rs 1,000 on August 10, 2018 in Nippon India Small Cap Fund, the investment would have increased by around 2.22 times to Rs 1.33 lakh. Quant Mid Cap Fund offered a XIRR of 29.42% and increased investors’ wealth by 2.03 times. The scheme is benchmarked against Nifty Midcap 150- TRI. The benchmark offered 25.19% during the same time period.Quant Tax Plan gave a XIRR of around 29.06% on investment made through SIP in five-years. An SIP of Rs 1,000 made on August 10, 2018 would have now become Rs 1.20 lakh now. The scheme is benchmarked against Nifty 500 -TRI. The benchmark gave around 17.77% in five-years.

Investing.com-- Gold prices steadied in Asian trade on Thursday, and were nursing three days of losses as hawkish signals from the Federal Reserve boosted the dollar and heralded more pain for the yellow metal.

₹288.25 apiece on the BSE. GQG Partners bought 31 crore shares of Adani Power in the largest ever secondary market equity deal.

Day trading guide for today: For second day in a row, Indian stock market opened lower but witnessed sharp recovery ahead of the market close. Key benchmark indices Nifty and Sensex ended higher whereas Bank Nifty continue to bleed on fifth day in a row. NSE Nifty added 30 points and closed at 19,465 levels, BSE Sensex went up 137 points and ended at 65,539 mark.

Hindustan Times. Currently, Punjab is facing fresh floods with many areas of Hoshiarpur, Gurdaspur, and Rupnagar districts submerged following the release of excess water from the dams, PTI reported. Chief Minister Bhagwant Mann on Wednesday said that the Punjab government is keeping a close watch on the situation, adding that relief and rescue operations are underway in the flood-hit areas.

compliance officers of companies that have failed to comply with the Securities and Exchange Board of India's insider trading norms. Both the BSE and NSE have displayed in the stock price quote section of JK Cement that the company has not maintained the structured digital database (SDD) — an internal record of key employees with access to unpublished price-sensitive information (UPSI).

healthcare to grow families and improve the standard of living is opening newer investment opportunities for Baring Asia-EQT, said one of its key executives. Baring Private Equity Asia-EQT (BPEA-EQT) announced two headline transactions in as many months. In June, it teamed up with Chrys Capital to buy 90% of Credila, the education loan arm of HDFC Ltd, for $1.1 billion--the largest-ever private equity (PE) buyout in India in the financial services sector. The following month, it invested $650-700 million for a 60-65% stake in Indira IVF, the largest provider of fertility services in India and among the top five globally in terms of annual in vitro fertilisation (IVF) cycles. Baring Asia and Sweden’s EQT announced a $7.5 billion merger in 2022 to create the world's third-largest PE fund group. “We continue to remain positively inclined to make more investments. We are not going to maintain that same pace of investments every month, but we are still inclined to making more investments in healthcare,” said Jean Salata, CEO, BPEA-EQT. “We just announced Indira IVF and we did AIG Hospitals in Hyderabad last year. We are still open to doing more in financial services, and of course tech and IT services has been the main thrust for us.”

Vedanta's bid to acquire Meenakshi Energy through the insolvency resolution process was approved by the Hyderabad National Company Law Tribunal last week. The Anil Agarwal company offered ₹1,440 crore against admitted claims of ₹4,625 crore, equating to a 31% recovery, distributed among lenders, trade creditors and employees. Two other bidders — Jindal Power and a consortium of Prudent Asset Reconstruction Company with Vizag Minerals — were also in the fray for the distressed thermal plant, court documents show.

MUMBAI : The promoters of Adani Group on Wednesday raised around ₹9,000 crore by selling 8.1% of their holding in the energy-generation arm Adani Power Ltd, marking billionaire Gautam Adani’s largest equity capital-raising through a share sale in a single entity. After amassing stakes worth at least ₹26,445 crore ($3.18 billion) in multiple Adani group firms through secondary market transactions since March, India-born Rajiv Jain-led investment management firm GQG Partners Llp bought an additional stake worth over $1.1 billion from the promoters of Adani Power.

union cabinet on Wednesday approved Rs 57,613 crore green mobility scheme, seven multitracking rail projects worth Rs 32,500 crore and a Rs 13,000 crore scheme to upskill and provide concessional credit to craftsmen. "....Priority will be given to cities having no organised bus service," Information and Broadcasting minister Anurag Singh Thakur told reporters after a meeting of the cabinet chaired by Prime Minister Narendra Modi.

parliamentary panel has recommended setting up a specialised security agency for airports with more than one-sixth of CISF units exclusively deployed there. This should be done by the civil aviation ministry in consultation with the Ministry of Home Affairs, it said. As airports owe more than Rs 4,700 crore to the Central Industrial Security Force (CISF) — of which over Rs 3,000 crore is from 16 joint venture airports — the parliamentary standing committee on transport, tourism and culture chaired by YSR Congress leader V Vijaysai Reddy has sought reasons for it and ask for its earliest clearance. Noting that 66 units of CISF or 18.7% of its total units are deployed at airports only, the panel in its report highlighted the need for a separate security agency as the civil aviation sector has seen an exponential growth and will grow at a faster space in near future, which will enhance the need for manpower to provide security. “The Committee, therefore, recommends that the Ministry of Civil Aviation may examine the feasibility of setting up a specialized security agency for airports only, in consultation with the Ministry of Home Affairs,” the report states.

fleet support vessels (FSVs) which are urgently required by the Indian Navy. Vizag-based Hindustan Shipyard Limited (HSL) will manufacture five of the 45,000-tonne warships, the largest ship of its class being built at the defence ministry-owned yard. The Indian FSV project was initially given a go-ahead in 2016 after the Indian Navy projected a requirement for ships that could carry fuel and other supplies for warships at sea. The ships are needed to support warships on long range patrol and can carry a variety of equipment, such as fuel, ammunition and food supplies. They will be able to support ships of all classes, including the two Indian aircraft carriers. The navy has a variety of new ships that are being planned, including next generation missile vessels and counter mine vessels. Three additional Scorpene class submarines are also expected to be ordered shortly.

NDA MPs’ meetings with Prime Minister Narendra Modi to holding workshops for spokespersons from allied parties and formally inviting the ruling alliance leaders to attend a prayer meeting on the death anniversary of former prime minister Atal Bihari Vajpayee, BJP is working to present NDA as an active and vibrant entity, in contrast to its redundant state in the recent past. Perhaps for the first time, a formal invitation was extended to NDA allies to attend a prayer meeting at ‘Sadaiv Atal’ memorial of Vajpayee, who spearheaded the first NDA government at the Centre. Several NDA leaders, including NCP’s Praful Patel, Apna Dal’s Anupriya Patel, NPP’s Agatha Sangma, HAM’s Jitan Ram Manjhi and several others, attended the meeting. This is the third event where BJP has engaged with its NDA allies, after it held an NDA meet last month –– held after a gap of almost five years. During this period, the idea of the alliance appeared redundant as BJP had got a massive majority in the 2019 Lok Sabha polls. Modi, during his interactions with NDA MPs, suggested that they work as one team and speak in one voice. All these efforts from BJP came amid Opposition parties, despite their differences, managing to present a united picture under the INDIA bloc.

DELHI, BENGALURU : The Securities and Exchange Board of India (Sebi) has intensified its scrutiny on promoter classification of companies looking to go public, with the markets regulator’s observations prompting at least six companies in the past three months to include individuals or entities as promoters, according to three people familiar with the developments and filings reviewed by Mint. Questions were recently raised by securities lawyers and proxy advisory firms on founders of money-losing startups continuing to retain control of the companies even though they classified themselves as public shareholders.

MUMBAI : Mumbai-based pen manufacturer Cello World Ltd has filed a draft red herring prospectus (DRHP) with capital market regulator Sebi to raise funds through an initial public offering (IPO), according to a regulatory filing. The IPO is a complete offer for sale (OFS), where promoters and other shareholders will sell shares of ₹5 face value totalling ₹1,750 crore. The offer includes a reservation of up to ₹10 crore for subscription by eligible employees.

The Michigan State University Board of Trustees on Wednesday authorized the school to request liquor licenses to sell alcohol at four football games beginning with a Sept. 16 game against the University of Washington

Indonesia’s president has urged a continuation of his educational reforms to turn Southeast Asia’s largest economy into one of the world’s biggest by its hundredth anniversary in 2045