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Grainger left Schroders after eight years in September 2023 following a reorganisation of his desk, which was rebranded the global unconstrained fixed income team, now led by Julien Houdain. In his 25 years in the industry, he also held roles at Wellington Management, F&C Asset Management, Gartmore and Barclays Global Investors. Schroders global fixed income head Paul Grainger departs «Paul is a highly respected global fixed income portfolio manager and leader. He adds depth and breadth to our growing fixed income platform bringing a proven track record,» said Ashok Bhatia, co-chie...

Subscribe to enjoy similar stories. As Indian households adopt smart TVs at a rapid rate, creators are racing to produce high-quality shows that cater to the growing demand for long-form content on the new ‘big screen’. However, a significant hurdle remains.

The Bengaluru-based company posted a net loss of Rs 110 crore for fiscal 2024, compared with Rs 54 crore the year before, according to its financial statements sourced from Tofler. Operating revenue rose to Rs 241 crore from Rs 144 crore. Total expenses increased to Rs 358 crore from Rs 201 crore. The company spent Rs 97 crore on employee benefits and Rs 88 crore on cost of materials.

Subscribe to enjoy similar stories. Last month’s Brics summit in Kazan, Russia, was, like all summits, heavy on photo ops. And it yielded a second act that was similarly heavier on symbolism than substance: the release of a report by the Russian finance ministry and central bank on “improvement of the international monetary and financial system," by which Russian officials obviously meant “finding an alternative to the weaponized dollar." Expressions of dissatisfaction with the dominance of the dollar over global money and finance go back at least to French finance minister Valéry Giscard d’Estaing in 1965, who famously lamented the greenback’s “exorbitant privilege." Indeed, the desire for an alternative played no small part in the creation of the euro 34 years later.

Android 16 introduces several key features, including an embedded photo picker, allowing users to share specific images or videos with apps rather than granting access to their entire media library. This change enhances user privacy by limiting exposure of personal data.Another significant update is to Google’s Health Connect platform.

initial public offering (IPO). The proposed IPO is a combination of fresh issue of equity shares worth Rs 335 crore and an offer for sale (OFS) of 47.4 lakh shares by promoters and other selling shareholders, according to the draft red herring prospectus (DRHP) filed on Tuesday. At present, promoters and promoter group entities hold 87 per cent stake in the company.

Yes Bank has announced a partnership with Vegapay, a technology innovator in the banking software industry, to launch a hyper-configurable platform called ‘Credit Line on UPI’, Vegapay said in a press release. Yes Bank, through the platform can create customised credit programmes that suit customers' needs. The bank can decide whether to offer interest-free or interest-bearing credit, whether or not allow customers to pay in installments (EMIs), and set up rules for different situations through an easy-to-use interface. The platform includes a user-friendly dashboard and a customisable app, making it simple for banks to integrate with their existing systems.

Microsoft Ignite 2024, the annual conference hosted by the Redmond-based tech giant for developers and IT professionals, kicked off with a showcase of advancements in artificial intelligence (AI), productivity apps, cloud innovations and other tools. This year’s event emphasises how businesses and individuals can benefit from Microsoft’s AI and cloud technologies to drive efficiency and innovation. Following a strong focus on AI at Ignite 2023, this year’s edition continues in a similar vein. At Ignite 2024, Microsoft unveiled 80 new features and products aimed at improving workplace efficiency. Here are the key highlights: AI-driven application evolution

NoBroker, the online real estate platform, faced significant obstacles in its early days, including physical threats from traditional brokers angered by the company's disruptive business model, CEO Amit Kumar Agarwal revealed at the Technovate for India program in Bengaluru. In 2015, a group of brokers attacked NoBroker's office, assaulting employees and attempting to force their way into the building. This incident, Agarwal shared, forced the company to relocate overnight and keep their office locations unlisted on Google Maps for safety. Despite these challenges, NoBroker has grown significantly, now boasting a valuation of over $1 billion. “We’ve gone from zero to over 30 mn cumulative users and now add half a million new customers every year,” stated Agarwal at the event, organized by The Times of India and Talrop.

Supriya Sule and Congress' Nana Patole had used Bitcoin scam tainted cash to fund polls has blown out into an all-out political war on polling day. Supriya Sule on Wednesday refuted all allegation levelled against her saying all the allegations are completely false. Speaking to ANI, Sule said, «I have filed a defamation case and a criminal case. I am ready to answer his (Sudhanshu Trivedi) 5 questions wherever he wants. Time of his choice, place of his choice and platform of his choice. I am ready to answer him because all the allegations are completely false. All lies»

Ecommerce logistics startup Locad said on Wednesday it has raised $9 million as it aims to expand in Saudi Arabia and the United Arab Emirates in the fourth quarter. While the company did not disclose the valuation at which the fundraising was made, a source familiar with the matter said it was around $60 million. The pre-series B funding round was co-led by Global Ventures and existing investor Reefknot Investments. Sumitomo Equity Ventures and other existing investors such as Antler Elevate, Febe Ventures and JG Summit also participated.

Deloitte India’s domain expertise with Securiti’s technology platforms to deliver tailored, end-to-end security solutions for businesses navigating increasingly complex regulatory requirements.The partnership aims to support organisations in automating privacy operations, improving Data Security Posture Management (DSPM), and enhancing compliance frameworks. This comes in the context of regulatory developments such as India’s Digital Personal Data Protection Act (DPDPA), which emphasises data protection, consent, and transparency.

Redmi brand, recently teased the launch on its social media platforms. In a post on X, the company shared a cryptic image with the tagline, “Ready for a Noteworthy Rival?" While the teaser did not confirm the series by name, speculation is rife that it refers to the imminent arrival of the Redmi Note 14 series, which is slated to make its Indian debut in December.The Redmi Note 14 series launched in China boasts an array of features designed to cater to various consumer needs.

Journalist unions in Greece have launched a 24-hour strike, joining broader labor unrest on the eve of a nationwide general strike

German soccer club Werder Bremen is the second team in the Bundesliga to stop posting on X

He had questioned Amazon's announcement of a USD 1 billion investment in India, saying the US retailer was not doing any great service to the Indian economy but filling up for the losses it had suffered in the country. Addressing an event in Mumbai, Goyal said e-commerce companies should stick to the rule of the law.

JioStar offers several options. The Star Value Pack Hindi is priced at Rs. 59 per month, providing access to 16 channels in standard definition (SD).

Subscribe to enjoy similar stories. The coming wave of artificial-intelligence usage won’t just strain data centers and power grids—it will also stress the country’s network capabilities.

LTIMindtree, India’s sixth largest IT services company, has secured an extension of a key contract from European payment solutions provider Nexi Group, the Mumbai-based firm said on Tuesday. As a part of the partnership, LTIMindtree will leverage its technical expertise and solutions to optimise Italy-based Nexi's core platforms, aiming to enhance performance, innovation and scalability, LTIMindtree said in a statement. LTIMindtree will also manage Nexi's hybrid infrastructure, enabling a seamless integration of on-premise and cloud-based solutions, while supporting the company’s digital transformation efforts, the company said.

According to Downdetector, a website that monitors online outages, over 1,500 complaints have been registered about Instagram-related issues. The platform reports incidents only when problem reports significantly exceed the usual volume for that time of day.