Performer Financial News

AQR Capital Management's multistrategy hedge fund beat the market with a 9% rally in the first quarter as Wall Street grappled with extreme volatility amid President Donald Trump's uncertain tariff policy.

Real estate, high-yield bonds, and cryptocurrency don’t always live up to their reputation as portfolio diversifiers

Subscribe to enjoy similar stories. India’s investment report card received a significant boost from high-cost government projects in the March-ended quarter, providing a potential last-minute push after a slow year, even as private sector appetite remained subdued. However, despite the upbeat performance in the final quarter, the momentum was not enough to shift the overall sentiment for the full year.

Vedanta Group and India's largest private oil and gas exploration and production company, has entered into an agreement to hire a high performance 2000 horsepower drilling rig from Parker Wellbore, recently acquired by Nabors Industries — a global technology provider. The pact will help expand the company's oil and gas exploration and production operations in India, the firm said in a statement. Cairn «will deploy this state-of-the-art rig in Barmer, Rajasthan — the company's largest onshore producing asset in India, this month,» it said. «This deployment aligns with Cairn's ongoing efforts to increase production and support its exploration initiatives in the region.» Recently at CERAWeek 2025, Vedanta chairman Anil Agarwal shared the company's plan for India's energy sector growth. The company will be investing in brownfield projects to add 5 billion barrels of oil equivalent reserves, and produce 500,000 barrels per day at a cost of USD 5 per barrel, the statement said without giving timelines.

Subscribe to enjoy similar stories. Gold’s latest quarterly gains now seriously rival the rise seen in 1986, the year of the Chernobyl disaster. The comparison is powerful, yet it pales against the performance of gold miners, which could keep gaining, acording to Wall Street analysts.

Hardik Pandya, the dynamic all-rounder of Mumbai Indians, has recently garnered significant attention not only for his impressive performances on the field but also for his rumoured relationship with Jasmin Walia. The rumours gained traction when Jasmin was spotted in the stands of an IPL match, passionately cheering for Hardik, the MI captain. The situation further sparked curiosity when she was later seen boarding the Mumbai Indians team bus, fueling speculation about their blossoming romance. Amid the growing buzz around Hardik and Jasmin’s relationship, now, ex-wife, Natasa Stankovic, has reacted. Taking to Instagram story, Natasa Stankovic reacted by sharing a quote, “Let all that I am praise the Lord; May I never forget the good things he does for me. Psalms 103:2".

— Should one write off this rally as just a dead-cat bounce, or see it as a serious rebound?

Ashwani Kumar made a dream start to his IPL career for Mumbai Indians, delivering a standout performance against Kolkata Knight Riders in MI’s first home game of the season at Wankhede Stadium. The left-arm seamer returned with figures of 4/24, the best by an Indian debutant in IPL history. He also became the first Indian bowler in a decade to take a wicket with his very first ball in the tournament. The pacer, known for his expertise in death overs, was snapped up by Mumbai Indians for ₹30 lakh in the 2025 mega auction.

«We believe that in such kind of situations where you still have a lot of uncertainties, markets generally tend to give a lot more weightage to the near-term earnings,» says Shiv Chanani, Baroda BNP Paribas MF. This is the first day of the new financial year. In fact, we are coming out of a month of extremes. March was a month of extremes. We saw extreme lows and then a great recovery coming in, in the second half of the month. So, today, of course, what is playing out really is the threat from the reciprocal tariff from Trump. But generally, now, is there some bit of comfort as far as market valuations are concerned? Are you constructively more optimistic about the markets going ahead? Shiv Chanani: So, as you rightly said, that it is a bit of a contrast right now where we are seeing a bit of operating environment which is uncertain. I mean, of course, tomorrow being the so-called Liberation Day, we do not know really what is coming out of that.

Christine Hunsicker has resigned from her position as chief executive officer of CaaStle after the fashion-technology startup’s board of directors alleged she misrepresented the company’s performance to investors, according to a March 29 letter to shareholders seen by Bloomberg News. CaaStle faces “a severe and immediate liquidity problem,” and the board is considering options including a possible wind down, liquidation or strategic transaction, according to the letter. The company is planning a two-week-long furlough for its employees. Law enforcement authorities are also investigating the matter and the company is cooperating, the letter said. Hunsicker didn’t respond to calls and emails seeking comment.

Subscribe to enjoy similar stories. Earlier this month, M.F. Husain’s Untitled (Gram Yatra) created a record at Christie’s South Asian Modern and Contemporary Art sale in New York.

Subscribe to enjoy similar stories. Star Health Insurance, India's largest stand-alone health insurance company, has been under the regulator's radar for alleged violations in claim settlement. According to the insurance statistics handbook of the Insurance Regulatory and Development Authority of India (Irdai), Star Health and Allied Insurance Co.

HBL Engineering shares will be in focus on Tuesday after the company secured five contracts worth Rs 762.56 crore from Central Railway for the provision of Kavach. With this, the total value of Kavach contracts won by the company this year has reached Rs 3,618 crore.

Natasa Stankovic? All eyes were on Jasmin Walia, Pandya’s rumoured new ladylove, as she was seen cheering for the Mumbai Indian’s captain during the IPL match. She was also seen boarding the MI team bus after they scored a victory against the Kolkata Knight Riders.

Pharma sector funds emerged as the top performing category among mutual funds in the financial year ended March 31, 2025, outperforming plain vanilla equity schemes. The risk-off sentiment in the second half of the financial year eroded a chunk of the returns in the most popular equity categories such as large-caps, midcap and small-cap schemes. The value of pharma schemes rose as investors shifted focus to drugmakers, considered defensive in uncertain times. As per data from Value Research the mid-cap category offered the highest return of 8.93%, followed by multi-caps which returned 7.88%. Small-caps and flexi-caps lagged, returning about 6.61% and 6.62%, respectively. The large-cap category returned the lowest of 5.47%, while the broad Nifty 50 benchmark returned 6.55%.

Indian stock market experienced a roller-coaster ride in the financial year ended March 31, 2025, as aggressive selling by overseas fund managers in the second-half of the year weighed on sentiment. Despite this, the Nifty 50 index managed to close FY2025 with a 5.3% gain, while the Nifty Midcap 150 and Smallcap 250 rose 5.73% and 2.32%, respectively. Foreign portfolio investors (FPIs) offloaded shares worth Rs 1.25 lakh crore during the year.

Sony Pictures' One of Them Days will be available for streaming on Netflix in the United States earlier than expected. Originally predicted to arrive in May 2025, the release date has been moved up to March 31, 2025. Other regions will receive the movie later, following different distribution agreements.

Cleveland Browns’ decision to trade for quarterback Deshaun Watson in 2022 has become a textbook example of how not to manage a franchise. Watson, acquired amid 26 sexual misconduct lawsuits (later settled), arrived with baggage that overshadowed his Pro Bowl past. His tenure began with an 11-game suspension, followed by erratic play and season-ending injuries—including a 2023 shoulder fracture and a torn Achilles in January 2024. Despite ranking among the NFL’s worst starters, the Browns stubbornly kept him on the field, driven by a desperate hope to justify trading three first-round picks and guaranteeing his $230 million contract. At the NFL’s annual spring meetings, owner Jimmy Haslam finally admitted the trade was a mistake—a sentiment fans and analysts had echoed for years. Critics argue the organization prioritized sunk costs over accountability, damaging its reputation while wasting prime seasons. Dee Haslam, Jimmy’s wife and co-owner, pointed to Watson’s injuries as a key factor in his downfall, though many saw this as deflection from deeper organizational flaws.

Hailey Bieber relied on her very close friend Kendall Jenner's support as the rumors surrounding her marriage to Justin Bieber swirled. The model was spotted with Kendall, while Justin arrived separately and dined alone. Speculation regarding their relationship has heightened due to Justin's emotional social media update and worrisome public outings.

Ashwani Kumar picked up four wickets on IPL debut as MI restricted KKR to 116 runs at the Wankhede Stadium on Monday. The left-arm pacer got the wicket of Ajinkya Rahane on the first ball he bowled and went on to become the first Indian to take a four wicket haul on IPL debut. After the heroic performance, the 23-year-old said he was feeling the pressure early on and had eaten only a banana before the match as he was not hungry. “I am feeling very good. I was feeling pressure early on but the team environment did not make me feel that way. I just had a banana because there was pressure, so was not feeling very hungry. I had planned a little but they told me to enjoy myself on debut and bowl what I have been bowling,” Kumar said. “Hardik bhai told me to bowl short and to bowl at the body and that led to a wicket. In my village, everyone would be watching. They were just waiting for my debut, and by god's grace, I got an opportunity tonight and did well,” he added.