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Sebi) on Tuesday said all transactions in mutual fund units of an asset management company exceeding ₹15 lakh executed by designated persons, trustees and their immediate relatives must be reported to the compliance officers within two days from the date of such transactions. The regulator said threshold amount of ₹15 lakh could be in one transaction or a series of transactions over any calendar quarter, per PAN across all schemes excluding the exempted ones. Fund houses would have to disclose details of holding of designated persons, trustees and their immediate relatives on an aggregate basis every quarter. The new rules will come into effect from November 1. The holdings as of October 31, 2024, should be disclosed on the platform of the stock exchanges by November 15, 2024.

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

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Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

mindfulness was through an app: Headspace. NPR host Guy Raz dives into stories like this, interviewing successful entrepreneurs to uncover their journeys, in his podcast, How I Built This. Raz also offers practical advice for every step of the entrepreneurial path, from shaping your idea and raising funds to building a team, battling competitors, and eventually earning a proper salary. In this Feb 2022 episode, Goodreads: Otis and Elizabeth Chandler, Raz interviews founders of Goodreads, diving into how the husband-wife duo launched it in the mid-2000s. From coding the site in an LA apartment and persevering despite naysayers, to reaching their first users, and eventually striking a major deal with Amazon in 2013, the Chandlers' journey is a masterclass in persistence. Today, Goodreads is the world's largest platform for readers, boasting 125 mn users.

Transformers One is set to roll out on digital platforms, making its debut tomorrow. This film marks the eighth installment in the Transformers franchise and is notable for being the first animated Transformers movie to receive a theatrical release. Serving as a prequel, Transformers One explores the origins of iconic characters Optimus Prime and Megatron, showcasing their evolution from allies to adversaries. Starring Chris Hemsworth as the voice of Optimus Prime and Brian Tyree Henry as Megatron, the cast also features notable talents including Scarlett Johansson, Keegan-Michael Key, Steve Buscemi, Laurence Fishburne, and Jon Hamm.

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

Delhi Police has registered eight separate FIRs in connection with bomb threats to more than 90 domestic and international flights over the past eight days, officials on Tuesday said. The affected flights include services from Akasa, Air India, IndiGo and Vistara, operating from Delhi to various domestic and international destinations, they said, adding the investigation is underway. According to a senior police officer, the threats messages were received through anonymous posts on X which were later suspended by the authorities. The officer said three accounts on social media platform 'X' — @adamlanza111, @psychotichuman and @schizobomer777 have been found involved in posting threat messages to fights.

“Digital will be one of the competitive advantages for Air India. We want to be the most technologically advanced airline in the world,” Satya Ramawamy, Chief Digital and Technology Officer at Air India. The airline, which lacked any modern technology in its daily functioning before privatisation, has invested heavily to upgrade its digital capabilities including investing in artificial intelligence.

Delhi High Court has restrained Hong Yi F5 and others, the owner and operator of a website that had replicated an earlier version of Dream 11's website, from using Dream 11's trademark, trade and domain names, its logos and tagline and layout/ user-interface of its website or any deceptively similar variant that is likely to infringe the latter’s trademark and copyright. The HC also asked GoDaddy.com LLC to transfer Hong Yi's domain name to Sporta Technologies, which owns and operates the Dream 11 fantasy sports platform that allows participants to draft virtual teams based on real players' performances in actual games. Justice Amit Bansal said that since Hong Yi F5 and other defendants have failed to take any requisite steps to contest the present suit, it is evident that they have no defence to put forth on merits. “It may be relevant to note that Hong Yi F5 did not appear before the court, despite service of summons on February 9, 2024 via e-mail. Further, no communication on behalf of the defendants have been placed on record in respect of the allegations of the plaintiffs in this suit.”

Sebi on Tuesday came out with a framework on associations between market intermediaries and unauthorised financial advisors, especially with regard to specified digital platforms. This came after Sebi in August amended rules aimed at regulating associations between intermediaries, like stock exchanges, clearing corporations and depositories, and entities providing financial advice or making performance claims. The rule restrains intermediaries, their agents, or associated persons from having direct or indirect ties with any entity that provides investment advice or recommendations without being registered or permitted by Sebi or makes performance or return-related claims unless specifically authorised by the regulator to do so.

David is a crypto content writer who collaborates with partners to deliver accurate information and cover the most important industry news. He focuses on providing clear insights that keep the...

Subscribe to enjoy similar stories. Bengaluru/Mumbai: Venture capital investors are increasingly encouraging some of their early- to mid-stage portfolio startups, such as IntrCity, BHive, and Leverage Edu, to go public, hoping to take advantage of a bullish stock market and return capital to their investors.

Subscribe to enjoy similar stories. MUMBAI : You can transfer your mutual fund (MF) units from one demat account to another, either to your own or to those belonging to your family members and friends. However, this is an extremely cumbersome and paper-driven (offline) process with no online alternative.

Subscribe to enjoy similar stories. A few years ago, retailers had protested the ways of private online platforms. Small shops claimed to be victims of a power imbalance, one that India’s 2022-launched ONDC was expected to help redress.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Subscribe to enjoy similar stories. New Delhi: Three years after a data-privacy controversy forced Meta Platforms to halt the facial recognition feature, the Mark Zuckerberg-led parent of Facebook, Instagram and WhatsApp is bringing back the contentious technology. But this time, it is being cautious by rolling it out slowly and for a very selective subset of purposes.

Mansukh Mandaviya Monday launched e-Shram 2.0, a one stop solution, to provide seamless access to different social security schemes to over 300 million unorganised workers registered on the portal. According to a statement issued by the ministry of labour and employment, the primary purpose of the eShram one stop solution is to simplify the registration process for unorganised workers and facilitate their access to government welfare schemes. «This platform will act as a bridge, connecting the workers to the numerous benefits offered by the government and making the registration process easier and more transparent,» minister Mandaviya said.

Artificial intelligence’s recent rise to the forefront of business has left most office workers wondering how often they should be using the technology and worried about whether a computer will eventually replace them

New GoFundMe tools will make it easier to circulate causes across online platforms in a push to cater toward younger generations

Subscribe to enjoy similar stories. The youngest son of late Playboy founder Hugh Hefner wants to buy back his father’s storied franchise. Cooper Hefner submitted an offer Monday along with a group of investors to buy the Playboy brand from Playboy Group for $100 million, according to Hefner and a deal proposal viewed by The Wall Street Journal.