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India's manufacturing activity rebounded in October, marking a positive beginning for the third quarter of the current financial year, driven by new orders, international sales and production, according to a private survey released on Monday. The HSBC India Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 57.5 in October from an eight-month low of 56.5 in September. It was 55.5 in October 2023. A reading above 50 indicates expansion, while below that signifies contraction.

KKR India’s Chief Executive Officer Gaurav Trehan has bought a sea view luxury apartment in a super-premium project Morena House on South Mumbai’s plush Carmichael Road for nearly Rs 88 crore from JSW Realty, a real estate development arm of JSW Group. The deal for the apartment, spread over a carpet area of 5,381 sq ft, is valued at around Rs 1.63 lakh per sq ft, making it one of the costliest property transactions in the country. The buyer has also paid Rs 5.26 crore in stamp duty charges alone for the registration of the deal. Apart from being the CEO of KKR India, Trehan is also Co-Head of KKR Asia Pacific and Head of Asia Pacific Private Equity.

Amaran’, starring Sivakarthikeyan in the lead role, is making waves at the box office with a phenomenal start. In just four days, Amaran has grossed over Rs 150 crore, establishing it as a major hit, while anticipation for its OTT release continues to build among streaming fans. Netflix has acquired the rights as the film's official digital partner. South Indian films that perform well in theaters typically premiere on Netflix within a month of their theatrical release, suggesting Amaran will follow this trend and be available for streaming by late November. The film’s OTT rights were reportedly purchased for an impressive Rs 60 crore, as per Filmibeat. Given its strong box office performance, Amaran is likely to emerge as one of the most profitable Tamil films this year, solidifying Sivakarthikeyan’s position as a leading actor. The story of Amaran revolves around Major Mukund Varadharajan, an army officer who heroically sacrifices his life in the fight against terrorism to protect his country.

In the growing world of decentralised finance (DeFi), the token Rexas Finance (RXS) is meant to be the main engine of the Rexas Finance platform, which aims to provide several solutions for the tokenisation of real-world assets. This allows businesses and people to tokenise the owned property, improve asset management, and facilitate access to funds without a conventional banking system. As the world of finance is constantly evolving with the advancement of blockchain technology, Rexas Finance has established its unique position by specialising in the tokenisation of assets. Asset tokenisation offers liquidity, synchronous transactions, and even better security, which are considered among the several factors that are attracting a lot of attention from institutional as well as retail investors, and the trend is only going to grow in the future. Presale stage four sells out earlier than predicted, hit

Reno 13 series is expected to follow the pattern of its predecessor, the Reno 12 lineup, which included both a standard and a Pro variant. The upcoming models are likely to feature significant upgrades in terms of specifications and performance.The Oppo Reno 13 Pro smartphone is rumoured to be powered by the MediaTek Dimensity 9300 chipset, promising enhanced processing capabilities.

stocks blunted the impact of a weaker dollar that helped lift the currency's regional peers ahead of the U.S. presidential election. The rupee closed at 84.1150 against the U.S. dollar after touching its all-time low of 84.1225 earlier in the session.

Naukri JobSpeak Index. Other key sectors that contributed to this positive trend included oil & gas (+18%), pharma/biotech (+12%), FMCG (+8%) and IT (+6%). According to Naukri, hiring in the IT sector showed positive growth in four out of the seven months this fiscal.

Subscribe to enjoy similar stories. Astronomical corner-office pay packages have sparked debate worldwide, including in India. A Mint analysis of India's largest listed companies reveals that median remuneration for top executives grew by 8.6% in FY24, marking a slowdown compared to FY23.

Reasons to BuyReasons to AvoidWhat are buyers saying on Amazon?Buyers loved the powerful heating element, quick water warming, and overall quality, though some noted issues with plug size and cord length.Why choose this product?Choose this immersion heater for efficient heat transfer, excellent value for money, and fast heating capabilities.The Havells Plastic HB15 Immersion Heater is a reliable and sturdy water heater, ideal for efficient heating. It has a 1500-watt power capacity, operates on 230 volts, and comes with a nickel-plated heating element for corrosion resistance.

Rohit Sharma and Virat Kohli are under the spotlight as they prepare for the high-stakes Border-Gavaskar Trophy against Australia which will bein November 22. Former India pacer Karsan Ghavri, in an exclusive interview with TimesOfIndia.com, said that their future in Test cricket could hinge on their performances in the series. “If they don’t perform in Australia, Virat and Rohit should retire,” Ghavri said. The former left-arm seamer noted that despite their legendary status and achievements, the team needs dependable run-scorers to compete at the highest level.

Chris Martin a “YouTube moment.” Melbourne fans got a nasty shock during the rock-pop band’s final performance at Melbourne's Marvel Stadium when Martin stumbled through a trap door on stage. In a video shared on X (formerly Twitter) by Greg Briggs, Chris Martin was spotted engaging with the crowd when he accidentally stepped backward and fell through the trap door. The audience gasped in surprise, and someone already positioned inside the trap door quickly reached out to soften his fall. The video included the caption, “The moment Chris Martin fell through a trapdoor right in front of me at the #Coldplay concert tonight.”

Mahindra & Mahindra announced on Monday that it will be unveiling two new electric SUVs on November 26, 2024, in Chennai. The new models, named XEV 9e and BE 6e, will make their global debut at the company's «Unlimit India» event. The company noted that these vehicles will be the first models to launch under two new electric sub-brands, XEV and BE, both of which are built on Mahindra's innovative Electric Origin INGLO architecture.

Afcons Infrastructure surged 8.4% to Rs 461.7 on the NSE after their weak debut on the exchanges on Monday. The stock debuted at Rs 426 on the NSE, reflecting a discount of Rs 37 or 8% over the IPO price of Rs 463. Meanwhile, the stock debuted 7% lower at Rs 430 on BSE.

SIP into more than Rs 1 crore in the last 25 years. Around four mid-cap funds have completed 25 years in the market. Nippon India Growth Fund turned a Rs 10,000 monthly SIP into Rs 1 crore over the last 25 years, achieving an XIRR of 22.84% during that period.

Subscribe to enjoy similar stories. Bank Nifty’s struggle to keep up with broader market gains has left many investors resigned, adopting a fatalistic Que sera, sera (whatever will be, will be) approach to equities. Nowhere is this sentiment more palpable than with HDFC Bank, Bank Nifty’s largest constituent, which has delivered a mere 2% return year-to-date—a figure that has frustrated the shareholders of the country’s largest private lender.

Dividend vs growth Investing in mutual funds allows investors to direct their savings to opportunities that match their risk profile and financial goals. Mutual funds typically offer two options for investing: dividend and growth.

Coal India aims to eliminate Rs 2,200 crore in accumulated losses at its subsidiary, Eastern Coalfields Ltd (ECL), and to rejoin the dividend list by FY 2025-26, a top official said on Sunday. At the foundation day event, Coal India chairman P M Prasad said Bharat Coking Coal Ltd, another previously loss-making subsidiary, has already re-entered the dividend list. He expressed confidence that ECL would achieve similar success by FY 2025-26. Coal India has seven coal-producing subsidiaries. «ECL is performing well and is on track to meet its production target of 54 million tonnes this year. We expect to eliminate two-thirds of its Rs 2,200 crore accumulated losses this fiscal year, with the remaining losses cleared by the following year, allowing it to rejoin the dividend list,» Prasad said. He added that the next few months would present challenges for production due to monsoon impacts on growth.

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Subscribe to enjoy similar stories. When Gopal Vittal took over the Indian operations of Bharti Airtel in March 2013, telecom was a cut-throat industry of 13 companies, each trying to undercut on price and outbid in buying airwaves. Airtel was a leader in a scattered industry in the throes of change and turmoil.