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Mint that its fund generated a 6% annual return for its investors. ICICI AMC told Mint that it is looking to liquidate its remaining investment in the fund by next March, in line with AIF regulations. Market regulator Sebi allows one additional year post the expiration of the term to liquidate assets and make distributions to investors.

excel at middle-management jobs are true superstars. When one department or team clearly stands out from the rest, more often than not, it's because of a superstar manager. Once these superstar performers are identified, senior leaders need to do everything in their power to keep them in their jobs.

In the investment world, benchmarks are essential when comparing fund performances across all asset classes, including equity, fixed income, etc. Creating benchmarks has been an evolving science. Finding a precise and accurate benchmark is a process that comes with its own challenges and a number of factors need to be carefully considered before selecting the one that will work for you.

NEW DELHI : Multiple specialty chemical manufacturers are staring at weak prospects in the near term, led by weak global demand and destocking of inventory. Declining chemical prices and increased competition from China post opening of the Chinese economy are putting pressure on their margins. The only solace for now comes from some decline in raw material prices.

NEW DELHI : Indian stock markets continued their rally for the fifth straight session as benchmark indices marked fresh record highs on Wednesday. The Sensex breached the 67000-mark and Nifty crossed the 19800 level. Sensex scaled a record high of 67171.38, before closing at 67097.44, up 0.45%.

Say the word ‘innovation’ and it is likely to evoke the image of a young entrepreneur in a garage like startup, or that of a scientist in a lab creating a product that magically disrupts the market. These are images that have become associated with innovation—gripping and appealing. Also, somewhat mythical and only half true.

₹3,534 crore. Although a low base has helped to some extent, the performance bodes well for the company’s overall growth outlook. Shares of Polycab have risen by 10% in the last two days with the stock scaling a new 52-week high of ₹4,325.15 apiece on Wednesday.

shipping industry is projected to sustain its performance in the current fiscal, albeit with some moderation in operating margins, CareEdge Ratings said in its report on Wednesday. The outlook for the Indian shipping industry is stable, primarily because the mid-size tanker (both crude and product) and dry Bulk segments account for the majority of vessel capacities, it said.

Netflix released an intriguing trailer for "The Murderer" on June 30, 2023, offering chilling glimpses into the film's suspenseful narrative. Carefully curated to captivate audiences, the trailer navigates the darker aspects of the human psyche, promising a compelling experience for lovers of psychological thrillers.

He-man’s Masters of the Universe franchise had hopes of a new live-action film adaptation brewing for years. However, it appears now that the project has been abruptly canceled at Netflix, marking yet another setback, according to reports. Netflix, as per reports, had invested about $30 million in development costs and securing talent such as actor Kyle Allen for the role of He-Man, along with directors Adam and Aaron Nee. Some insiders claim that the investment had reached twice that amount. Ultimately, Netflix decided to halt production on Masters of the Universe due to peaking «budget concerns». This unfortunate turn of events follows the project's previous stints at Warner Bros. Pictures and Sony Pictures. Netflix had initially allocated a generous budget of $200 million, and production was scheduled to commence in February. While Netflix experienced a stock drop unrelated to the budget issues, the streaming giant eventually capped its investment at $150 million, refusing to allocate further funds. The Nee brothers reportedly made efforts to salvage the project, proposing a reduced budget of $180 million and even considering shooting the movie and its promised sequel back-to-back to lower costs. Unfortunately, no middle ground was reached, although Netflix remains impressed with the directors. However, a potential change in fate may be on the horizon following the release of Mattel-owned property Barbie. If it performs well at the box office, it could spark renewed interest from studios in resurrecting Masters of the Universe. Nevertheless, it remains uncertain whether Kyle Allen and the Nee brothers will remain attached to the project.

Meme coins are once again heating up on leading DEXs like Uniswap, and today's market has already witnessed impressive pumps for feel good projects such as $HOPPY, $WOLF, and $POP.

Netflix originals such as Wednesday Season 1, Jennifer Lopez's 'The Mother', Chris Hemsworth's 'Extraction 2'. Fans are eager to know the list of the most-watched Netflix Originals released on the streaming giant so far in 2023. WhatsOnNetflix has created a list of top 10 most watched Netflix originals so far this year based on key metrics such as Netflix hourly data and Netflix views. Most Watched Netflix Originals So Far

Kim from Oregon and Holly from New York, took the stage with a touching story and a beautiful song from Wicked that tugged at the heartstrings of judges Sofia Vergara and Heidi Klum. Kim and Holly stepped onto the stage dressed in coordinating outfits, but it was their unique connection that moved everyone. In 2007, Holly's young son tragically passed away, becoming an organ donor in the process. His heart went to newborn Beckham, Kim's son, ultimately saving his life. The mothers shared that Holly's final song to her late son was «For Good» from Wicked, the very song Kim sang to her son after he awoke from his life-saving surgery by pure coincidence.

Canada’s luxury housing market has bounced back in recent months, but it’s also undergone a major change: the country’s four biggest markets can no longer be painted with the same broad brush.

Carvana (NYSE:CVNA) shares are moving sharply higher in pre-market Wednesday after the used car retailer said it has struck a partnership to restructure its debt.

Investing.com — Goldman Sachs (NYSE:GS) has reported worse-than-expected second quarter earnings per share, as the banking giant was hit by one-off charges related to its home improvement lending group GreenSky and losses on its consumer and real estate loan portfolios.

Let's talk about the importance of diversification in your investment portfolio, especially when it comes to geographical areas.

₹6,000-6,200 in this fiscal and the occupancy is expected to be at decadal highs. The RevPAR is expected to remain at a 20-25% discount to the FY08 peak. Consistent improvement in consumer sentiments despite the inflationary environment, stable corporate performance, and domestic air passenger traffic inching above pre-covid levels augur well for travel and hotel demand.

Renault will provide complimentary car check-ups to its customers to guarantee peak performance. Additionally, the company will offer discounts of up to 50% on specific accessories, 15% off on labor charges, and 10% off on selected parts. Talking about the initiative, Sudhir Malhotra, Vice President, Sales and Marketing, Renault India, said, “We are delighted to announce the nationwide launch of the Renault monsoon camp for our valued customers across India.

The Kia Telluride has become a hit in the SUV space

Chelsea will take on Wrexham in a friendly match on Wednesday in their preseason action. It will be Mauricio Pochettino’s first match as a Chelsea manager when his boys will clash with Ryan Reynolds' team in North Carolina. The year 2022-23 has been a horrible year for Chelsea as they finished 12th in the Premier League table and shuffled three managers one after the other So, Mauricio Pochettino’s main challenge will be to rebuild the Blues so that they can once again be a strong contender for the trophy. On the other hand, Wrexham have been on an upward trajectory since the time Ryan Reynolds took over the charge. The club has been promoted to tier four for the first time since 2008 and its popularity has hit the sky.