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In the fall, it will be two years since the compliance deadline for the SEC Marketing Rule for investment management firms, but how are firms ensuring that they stay within the rules?

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Paris Olympics double medallist pistol shooter Manu Bhaker on Wednesday said that she has already set her sights on the 2028 Los Angeles Games and she will keep working hard to produce consistent results in the future. The 22-year-old Bhaker won a bronze each in the women's 10m air pistol and 10m air pistol mixed team event, in which she had paired with Sarabjot Singh, to script Olympic history for the country. «After the end of one Olympics I already have the next one on my mind for which the journey has already started, so after Paris, the journey of it (LA Olympics) has already begun, so after a little break I will get back to preparing for it,» Bhaker told PTI Videos.

The firm's half-year results, which were published today (7 August), show assets under management rose to £113.8bn at the end of June, an increase of 7% compared to £106.7bn at the end of December 2023. This was fuelled by total net inflows of £1.5bn and positive market movements adding £5.6bn. Core gross inflows surged by 35% to £7.4bn compared to £5.5bn in the first half of 2023, with the second quarter outperforming the first. Six Quilter Investors funds fail to deliver value as Covid woes continue to weigh on performance Profit after tax stood at £13m, up on £5m in the same per...

Vinesh Phogat's disqualification from the Paris Olympics 2024, 2008 Beijing medallist Vijender Singh has voiced his concerns, calling the situation a «huge conspiracy against India.» Speaking exclusively to India Today on August 7, Vijender criticised the decision that barred Phogat from competing in the gold-medal bout against Sarah Hildebrandt of the United States. Phogat was found to be 150 grams over the permissible weight limit, which led to her disqualification. Vijender expressed his frustration, suggesting that the disqualification was part of a broader scheme to undermine Indian wrestlers. “The way she has performed is worth appreciating. Maybe some people couldn’t digest the happiness. We can reduce five to six kilograms in one night, so what’s the problem with 100 grams? I feel that someone had some problems, and so the step to disqualify was taken. She should have been given a chance to reduce the 100 grams,” Vijender told India Today. The disqualification means that Vinesh, who had earlier confirmed India’s fourth medal in Paris by defeating Cuba’s Yusneylis Guzman in the semifinals, will return empty-handed. Phogat had achieved a significant victory on August 6 by ending Japan’s Yui Susaki's 82-match unbeaten streak, but her Olympic campaign was abruptly cut short.

Saldanha is the lead fund manager for the £581.2m Global Equity Income fund and co-manager for the £515.7m Global Equity Endurance and $44.4m Social Transition Global Equity funds. Kirby co-manages the Global Equity Income strategy and Social Transition Global Equity funds alongside Saldanha, while de Bruin co-manages the Global Equity Endurance strategy, both the OEIC and the $909.3m Luxembourg-domiciled SICAV.  Trio of Aviva Investors funds fail to deliver value to investors as performance suffers A spokesperson for Aviva Investors confirmed the trio are leaving the firm to pursu...

cryptocurrency market witnessed mixed trading on Tuesday, with several major tokens experiencing notable gains while others declined. Bitcoin, Solana, Toncoin, Cardano, and Avalanche were among the top performers, recording gains of up to 7%. In contrast, Ethereum, XRP, Dogecoin, Shiba Inu, and Polygon faced downward pressure, with losses of up to 2%. Meanwhile, the global cryptocurrency market capitalization rose by 1.25% in the past 24 hours, reaching approximately $2.01 trillion, reflecting a market-wide recovery after recent volatility.

Equity schemes typically have higher expense ratios, followed by debt and liquid funds. Read this | Mint Explainer: How Sebi is cracking down on unregistered investment advisors Popular brokerage firms like Groww and Zerodha Coin offer direct plans without advice, leading many users on these execution-only platforms to buy trending or high-return funds out of greed or lack of knowledge—a strategy investment experts consider risky. Vishal Dhawan, a registered investment adviser and founder of Plan Ahead Wealth Advisors, emphasized the importance of advisory services.

Hema Malini on Wednesday expressed surprise and disappointment at Vinesh Phogat’s disqualification from the Paris Olympics for being 100 grams overweight. «It is very surprising, and it feels strange that she was disqualified for being 100 gm overweight. It is important to keep the weight in check. It is a lesson for all of us. I wish she could lose that 100 gm quickly, but she would not get an opportunity,» Malini said.

"EPC margins have been under stress because there was a lot of inventory that was lying with us, which we had procured last year before the 31st March deadline and those are now getting utilised in various projects," says Praveer Sinha, CEO & MD, Tata Power. Just looking at your numbers, while Mundra did well, the renewable PLF was low and lesser margins across the solar EPC as well. When do you anticipate better performance from renewable energy generation specifically? Praveer Sinha: Well, this is the 19th consecutive quarter in which we have shown growth impact. And I think the way the company is structured now and the foundation that has been laid, you can expect only better results going forward. As you mentioned, Mundra has been cost reflective because it is operating under Section 11 and this will continue for at least one more quarter if not more. The second is we are also seeing an uptake in our renewal business. EPC margins have been under stress because there was a lot of inventory that was lying with us, which we had procured last year before the 31st March deadline and those are now getting utilised in various projects.

Vinesh Phogat on Wednesday was disqualified from Paris Olympics' 50 Kg wrestling category for being overwieght by 100 grams. A statement released by the Indian Olympic contingent revealed that 29-year-old Phogat's disqualification was triggered by a slight uptick in the body weight. «It is with regret that the Indian contingent shares news of the disqualification of Vinesh Phogat from the Women's Wrestling 50 kg class. Despite the best efforts by the team through the night, she weighed in a few grams over 50 kg this morning. No further comments will be made by the contingent at this time. The Indian team requests you respect Vinesh's privacy. It would like to focus on the competitions on hand,» the Indian Olympics contingent said.

Sebi is evaluating various accounting standards and also exploring the feasibility of extending its mandatory sustainability reporting norms to more listed companies than the current 1,000 “when the time is right”, people aware of the matter said. Given the growing importance of sustainability worldwide, the regulator wants Indian firms to prepare for such “non-financial accounting” standards that are going to dominate the world of financing and influence the way funds are raised, one of them said.

Vinesh Phogat has been disqualified from the Paris Olympics after failing to meet weight requirement for her 50 kg gold medal. As per the report, Phogat was reportedly over the permissible weight limit by just 100 grams, which may lead to her disqualification. According to competition rules, she will not be eligible for a silver medal, leaving only gold and bronze winners in the 50 kg category. «It is with regret that the Indian contingent shares news of the disqualification of Vinesh Phogat from the Women’s Wrestling 50kg class. Despite the best efforts by the team through the night, she weighed in a few grams over 50kg this morning. No further comments will be made by the contingent at this time. The Indian team requests you respect Vinesh’s privacy. It would like to focus on the competitions on hand,» Indian Olympic Association said in a statement.

ONGC rallied 8% on Wednesday to its day’s high of Rs 329.50 despite the company reporting a 15% year-on-year (YoY) fall in its Q1 net profit at Rs 8,938 crore, which was below the ETNOW poll of Rs 9,539 crore. Revenue from operations in the same period increased 4% YoY to Rs 35,266 crore as against Rs 33,814 crore in the corresponding period of last year.

It’s not just Simone Biles — a number of gymnasts and coaches are speaking out about the “weird and awkward” atmosphere during the individual balance beam final at the Paris 2024 Olympics on Monday.

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Paris Olympics has seen too tough and intense basketball action this time as almost all team participating in this sport have been performing extremely well throughout the Olympic journey. Among them, Team USA has outdone them all in the main team event in men's basketball, while targeting their fifth consecutive Olympic gold medal here.

US stock market today is up and running after days of volatility. Dow Jones Industrial Average finished up 0.8 percent at 38,997.66. The broad-based S&P 500 gained 1.0 percent to 5,240.03, while the tech-rich Nasdaq Composite Index also advanced 1.0 percent to 16,366.85. The Russell 2000 index of smaller companies rose 25.14 points, or 1.2 per cent, to 2,064.30. Wall Street stocks rebounded Tuesday after three straight days of losses, with analysts pointing to bargain hunting and US bond markets bouncing. The gains in New York also followed a quieter day in most overseas stock markets and came as Caterpillar and Uber reported solid earnings, lifting shares of both companies. Major indices fell more than 2.5 percent on Monday in a move seen as a reflection of worries about a US recession following Friday's disappointing jobs data.

BEIJING — A theme emerging in the latest slew of U.S. companies' earnings reports is a drag from the China market.

performance-based pay of their chief executives and senior management, to factor in the company's sustainability goal outcomes in appraisal KPIs amid their increasing influence on investor and consumer sentiments. Companies including ITC, Hindustan Unilever (HUL), Mahindra & Mahindra, Lupin, Cipla and Emaar have started to link their performance in areas like water and carbon positivity, plastic neutrality, climate-resilience, and diversity and inclusion in hiring to the remuneration of their senior management. This comes at a time when ESG (environment, social and governance practices) is becoming a buzz word in business deals, investment decisions and even consumer response to products, industry experts and executives said. ESG goals are becoming more common in annual KPIs (key performance indicators) for executive leaders, said Anandorup Ghose, partner at Deloitte India. While the weightage to these goals varies by industry, approximately around 10-15% weightage is assigned to ESG-linked metrics, he said.