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leadership changes, Dream Sports is also looking at a significant restructuring of the NFT (non-fungible token) startup and has let go approximately 60% of its workforce, highlighting the depth of the internal conflicts and challenges. “There was a board meeting on Wednesday, following which Harsh Jain (co-founder of Dream Sports) fired the founder and co-founder of Rario. More than 60% of staff also got laid off," said a person with direct knowledge of the matter.

NEW DELHI : The sharp rally in the mid- and small-cap segments has led to a valuation premium developing in many companies, which could hamper return potential as markets take a breather. One of the reasons why the broader markets have outperformed is because the mid- and small-cap space is filled with high-quality companies which are able to scale businesses quickly, Shreyash Devalkar, head, equity, Axis Mutual Fund, said in an interview. Edited excerpts: How do you see rising crude prices and currency volatility impacting the Indian markets? The cyclicality of crude prices has historically roiled India’s economy, and by extension, its markets.

The temperature says it's summer outside, but Delta Air Lines is training employees in how to de-ice an airplane — a critical part of flying during the cold winter months

Ladli Bahna Yojana's (LBY) benefits due to their families having tractors, Chief Minister Shivraj Singh Chouhan said on Sunday. He said with the addition of six lakh more women, the LBY scheme now counts 1.31 crore beneficiaries. Chouhan informed about the new additions while transferring Rs 1,269 crore in accounts of 1.31 crore women beneficiaries of LBY on a single click at a function held in Gwalior. «The family of 1.25 crore sisters has now become even bigger.

It is less than a month until funds management group Perpetual is due to hold its annual meeting. And, as is customary, its chairman Tony D’Aloisio has been quietly meeting investors and proxy advisers to gauge the mood, and the critical votes on remuneration and director elections.

The temperature says it's summer outside, but Delta Air Lines is training employees in how to deice an airplane — a critical part of flying during the cold winter months

Glenn Maxwell has decided to postpone a potential surgery to remove pins from his previously shattered ankle. This decision is driven by his determination to chase his dual World Cup dreams, despite facing stiff competition for a spot in the national squad. Maxwell's ankle troubles began in November of the previous year when he suffered a severe fracture during a lighthearted incident at a friend's 50th birthday celebration, just on the eve of the Twenty20 World Cup final in Melbourne. Following the fracture, surgical intervention was necessary, and pins were inserted to expedite the healing process. Now that his leg has fully healed, Maxwell has the option to undergo surgery to remove the pins. However, this procedure and the subsequent recovery period would require approximately six weeks of his time. Given the upcoming cricket season, which features both an ODI World Cup in India and a T20 World Cup in the Caribbean and the United States, the 34-year-old Maxwell cannot afford to be sidelined for such an extended period.

manufacturing output. Historically, India has not been strongly oriented towards manufacturing as a core economic focus. However, the long-term policy is changing, giving equal importance to domestic industries.

₹392 crore from ₹490 crore after performing a pre-IPO placement in two tranches in August and raising ₹98 crore from investors. Now, the size of the fresh issue is reduced to ₹392 crore. The company's offer for sale (OFS) component was reduced from 1.05 crore equity shares to 1.04 crore shares after one of its selling shareholders exited the issue, according to the RHP.

India's top-order batters struggled to find their footing in the first Asia Cup clash against Pakistan, resulting in losing 4 wickets for a score of 66 runs. Later on, the more than 100-run partnership between Ishan Kishan and Hardik Pandya helped the Indian side go past the 250-run mark and set a respectable total before the match was washed out owing to rains.

These comic books explore intriguing characters, midlife situations, unconventional narratives, and humorous anecdotes about dating to ensure a continuous stream of laughter.Todd Barry, 'Domestic Shorthair' Todd Barry speaks fluent sarcasm. After decades of refinement, honing his low-key deadpan into something flexible and distinctive, he can turn a sentence inside-out with the mildest shift in intonation, instantly divorcing what he says from what he means. The pivots in his jokes are subtle but crisp.

RIL, Canara Bank and Tata Motors DVR are top 3 trading ideas of the week by Kunal Shah, Senior Technical & Derivative analyst at LKP Securities. "Reliance Industries has recently experienced a breakout on the daily chart, accompanied by a significant surge in trading volumes. This breakout suggests renewed bullish momentum in the stock," he says. Edited excerpts from an interview:Given the broad-based buying seen in the market last week, do you think Nifty will easily scale the 20,000 peak ignoring all the concerns around the spike in crude oil price and dollar? What are the targets?The market is currently characterized by bullish momentum, driven by increased participation from large-cap stocks.

China weakened last month, underscoring the precarious nature of the nation’s recovery. Separate data showed the euro-area economy barely expanded in the second quarter, which may feed policymakers’ worries about stagflation taking hold. Meantime, South Africa’s economy grew by more than expected in the period, driven by finance and manufacturing. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy:

Sanjiv Bhasin, Director, IIFL Securities, says “Mr Vaidyanathan, according to me, is the best banker in India. I see no letup in this stock. Yes, it is an expensive stock. It has run up far in excess but who is to blame? There was so much under-ownership and IDFC First is headed higher. Bhasin also says that “Page Industries is a must-have. It is one of the best consumer stocks. Wait for declines to add some. Also, Indian Hotel or a Devyani or a United Spirits cannot be rebuilt.”IDFC First Bank has managed to outperform its other banking peers but do you think most of the rally is over and it is time to switch into other names?For the last two years, I was advocating this stock at Rs 30-35. And there would always be the argument on why should it perform? It was a lending institution and so on. And I only pursued that stock on the basis of Mr Vaidyanathan. Today, there is a sell report or whatever, but Morgan Stanley has been bearish from Rs 30. How will he justify Rs 100? The business is humongous.

Aditya L1 spacecraft, India's first space-based mission to study the Sun, completed its third earth-bound maneuver successfully in the early hours of Sunday, according to ISRO. The operation was carried out by the space agency's Telemetry, Tracking, and Command Network (ISTRAC). «The third Earth-bound manoeuvre (EBN#3) is successfully completed from ISTRAC, Bengaluru.» «During this operation, ISRO's ground stations in Mauritius, Bengaluru, SDSC-SHAR, and Port Blair tracked the satellite,» the Indian Space Research Organisation (ISRO) said in a post on social media site X (formerly knows as Twitter). The new orbit achieved is 296 km x 71767 km, according to the statement, and the next maneuver is slated for September 15, around 2 a.m. Aditya-L1 is India's first space-based observatory, and it will study the Sun from a halo orbit around the first Sun-Earth Lagrangian point (L1), which is around 1.5 million kilometers from Earth. On September 3 and 5, the first and second earthbound movements were successfully completed.

2023 NFL regular season, the Cincinnati Bengals, led by quarterback Joe Burrow, are set to face the Cleveland Browns, now led by DeShaun Watson. This matchup promises an exciting clash between two potent offensive teams. DeShaun Watson's return to the Browns after sitting out half of the previous season due to off-field issues makes the quarterback position a focal point in this game. Fans and analysts will be closely watching how Watson performs in his first full season with the Browns. On the other side, the Bengals have their own concerns regarding Joe Burrow's availability for the Sunday game. Burrow has been recovering from a calf injury sustained during training camp. While his rehabilitation has reportedly progressed well, there's still uncertainty about whether he will be ready to start against the Browns. This game not only marks the return of DeShaun Watson but also serves as a test for Joe Burrow's readiness. Both quarterbacks play pivotal roles in their respective teams' offensive strategies, making their performance a critical factor in determining the outcome of this early-season showdown. NFL fans eagerly await this exciting matchup and the quarterback duel it promises to deliver.

Aditya L1 Mission: Aditya-L1, India's first solar mission, has successfully performed the third earth-bound manoeuvre, Indian Space Research Organisation (ISRO) said on Sunday. The new orbit attained by the satellite is 296km x 71767 km. A total of five such orbit manoeuvring will be performed during the satellite's revolution around the Earth of which three have been successfully performed.

Former Wallaby captain and Rugby World Cup winner Simon Poidevin on what has been revealed in the opening matches of this edition of the tournament.

Samajwadi Party is looking at the first coordination committee meeting of the INDIA alliance scheduled to take place in Delhi on September 13 for clarity to emerge on whether the SP and the Congress will also be allying with each other for the Madhya Pradesh assembly election for which the SP has announced seven candidates so far. The SP has announced candidates for Nivari, Rajnagar, Bhander, Mehgaon, Dhauhani, Chitrangi and Sirmaur which mostly fall in the Bundelkhand and Gwalior-Chambal regions of the state which border Uttar Pradesh. In MP, the election is largely expected to be a BJP versus Congress contest. A senior SP leader said there have not been any talks on whether the SP and Congress will also contest the MP state assembly election together but in the Delhi meeting clarity should emerge on the issue.

G20 Summit in national capital Delhi. The G20 leaders saw a productive day 1 on Saturday, 9 September. The important decisions taken on the first day of the G20 Summit included adoption of the New Delhi Leadership Declaration, announcement of a mega India-Middle East-Europe economic corridor and induction of the African Union (AU) as permanent member of the Group of 20.

REC has signed an initial pact with PFC committing higher revenue from operations in FY24 and FY25, its CMD Vivek Kumar Dewangan said on Saturday. The memorandum of understanding has been signed as per the DPE (Department of Public Enterprises) Performance Evaluation System for FY24 and FY25 for Central Public Sector Enterprises, Dewangan told PTI. «As per the MoU, REC is committed to improving the revenue from operations from Rs 43,420 crore targeted in FY 2022-23 to Rs 46,935 crore in FY 2023-24 and Rs 56,322 crore in FY 2024-25,» he said. The Mou was signed on Friday between Dewangan and Parminder Chopra, CMD of Power Finance Corporation (PFC) in presence of other senior officials from of the companies, in Gurugram. REC, under Ministry of Power, is a leading infrastructure finance company with a net worth of over Rs 57,000 crore as on March 31, 2023.