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OnePlus Open, the company’s first foldable smartphone, which is expected to be priced under ₹1 lakh during the sale. Currently retailing at ₹1,39,999 for the 16GB+512GB variant, the foldable will see a significant price cut, making it one of the most affordable devices in its category. Amazon's teaser suggests that the OnePlus Open will be available at ₹99,999, marking a massive discount for those eager to own a foldable phone without spending a fortune.

Subscribe to enjoy similar stories. Mixologists in India have been in a hyper-experimental mode for a while. If it was techniques and indigenous botanicals that they played with earlier, they are now choosing to experiment boldly with unusual, seemingly unpalatable, ingredients.

Subscribe to enjoy similar stories. Risk profiling is a mandatory exercise every investment advisor must undertake before giving investment advice. Despite its importance, the Securities and Exchange Board of India (SEBI) has not defined a specific methodology, leaving advisors with the flexibility to approach this task in various ways.

Oravel Stays, the parent company of the travel company Oyo, said it has agreed to acquire G6 Hospitality, a lodging franchisor and parent company of the Motel 6 and Studio 6 brands, from Blackstone Real Estate for $525 million, in an all-cash transaction. Private equity giant Blackstone said the deal is expected to close before the end of the year, and would include the chain's offshoot hotel brand, Studio 6. «This acquisition is a significant milestone for a startup company like us to strengthen our international presence. Motel 6's strong brand recognition, financial profile and network in the US, combined with OYO's entrepreneurial spirit will be instrumental in charting a sustainable path forward for the company which will continue to operate as a separate entity,» said Gautam Swaroop, CEO of Oyo International.

Motel 6, the budget hotel chain that has lined U.S. highways for decades, will be sold to Oyo, an India-based hotel operator, the companies announced Friday. Blackstone, the private equity giant and the owner of Motel 6's parent company, said the transaction would be an all-cash deal for $525 million. The deal is expected to close before the end of the year, and would include the chain's offshoot hotel brand, Studio 6. Oyo expanded into the United States in 2019, and has recently ramped up efforts to expand further. It currently operates more than 300 hotels domestically. The company, which specializes in budget hotels and proudly describes itself as «a startup,» had received a large investment from SoftBank. But some troubling incidents in India in recent years raised questions about some of its business practices.

Many expect digital transformation to have a dual impact: reduce the need for traditional field sales roles and ensure greater transformation in functions such as risk management and technology. Another key impact of this shift will be the rise in demand for chief digital officers (CDOs) in the sector. With the evolution of technology, the CDO has an even more critical job in revolutionising lending. The success of the CFO depends on proving a positive and tangible return on the investment.

Vietnamese state media say the second trial for real estate tycoon Truong My Lan — who was sentenced to death for financial fraud in April — started on Thursday

US Federal Reserve's half-a-point interest rate cut on Wednesday — the first cut in four years — in their stride on expectations that 'Fedhead' Jerome Powell is front-loading the downcycle. This is the less scary scenario over the US tipping into a recession, and investors seem quite comfortable with it. But the rate action may not have played through yet.

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses

The Mastercard Foundation’s new money-management arm is in expansion mode, and executives have been finding new employees from one place in particular — the Ontario Teachers’ Pension Plan.

mutual funds — schemes that invest in equity and debt — may serve investors, especially new and inexperienced investors, better. Conservative hybrid mutual funds are the entry to the world of hybrid funds. These schemes invest mostly in debt and a small percent in equity. As per the Sebi norms, conservative hybrid schemes must invest 75-90% in debt instruments and 10-25% in stocks. These schemes are ideal for investors looking to invest a small part of their corpus in equity to earn some extra returns. Also Read |Best balanced advantage funds or dynamic asset allocation funds to invest in September 2024

This is an AI-generated live blog and has not been edited by LiveMint staff. Bank Nifty Share Price Today Live Updates: The NIFTY PSE at (0.51%), NIFTY Financial Services 25/50 at (0.42%) & NIFTY200 Momentum 30 at (0.35%) are currently the top performing sectors among the Sectoral Indices. While NIFTY IT at (-1.58%), NIFTY India Digital at (-1.58%), NIFTY50 Value 20 at (-0.45%) are currently the low performing sectors Bank Nifty Share Price Today Live Updates: The Bank Nifty opened at 52177.1 (-0.02%) , -11.55 points lower than the previous closing.

Subscribe to enjoy similar stories. Arvind Kejriwal has resigned as Delhi’s chief minister, and cabinet minister Atishi has been chosen as his replacement until elections, which are likely to be held in early 2025, when Kejriwal will seek a fresh mandate from the people.

The Mastercard Foundation’s new money-management arm is in expansion mode, and executives have been finding new employees from one place in particular — the Ontario Teachers’ Pension Plan.

“Sectors such as fast moving consumer goods (FMCG), cotton yarn, power, footwear and soft luggage may see a small but manageable negative impact, while ship breaking, jute, readymade garments (RMG) should benefit. For most others, the impact will be insignificant,” the report noted. According to the report, there will be no near-term impact on the credit quality of India Inc either. “However, a prolonged disruption can affect the revenue profiles and working capital cycles of some export-oriented industries for which Bangladesh is either a demand centre or a production hub,” it said.

₹5,999 but can be purchased for a little over ₹2,500 on most retail platforms.Before receiving the product, I was convinced that it looked like a Bose SoundLink Flex rip off. But when I received the Honeywell Trueno U300, I was pleasantly surprised by its design and build quality. Let's be clear, there's nothing radical happening here; this speaker is conventionally functional.There are buttons on the top for added controls, and twin bass radiators at the back, along with a Type-C charging port, AUX input, micro SD card support, and USB playback.

While the tax benefits on these investments have shrunk in the past few years, things have been very different for the National Pension System (NPS). Tax benefits for the NPS have progressively increased in the past 10 years, each change making the pension scheme more advantageous for the investor. This year’s Budget has enhanced the tax deduction for those opting for the new tax regime. Under Section 80CCD(2), up to 10% of the basic pay put in the NPS is tax-free. This has been increased to 14% of the basic pay under the new tax regime. This makes the NPS a compelling investment. A person with a basic salary of Rs.1 lakh a month can potentially save Rs.52,000 in tax by opting for the NPS benefit. High income earners with large investible surpluses will find it especially beneficial. Some corporates are going the extra mile to encourage their employees to sign up for the pension scheme. “A leading MNC offered to contribute Rs.1,000 for six months for every employee who chose to open an NPS account. It’s like a Swavalamban scheme for corporate employees,” says Sriram Iyer, CEO of HDFC Pension.

The race is on to build out a convenient and fully functional network of electric vehicle charging stations across the U.S. Entrepreneur Kameale Terry foresaw one issue this would create: keeping that charger network up and running

Mission Mausam" to improve weather understanding and forecasting through expanded observation networks, better modelling and advanced tools like AI and machine learning. The mission will explore «weather management» technologies and include creating a laboratory to artificially develop clouds, increasing the number of radars by over 150 per cent and adding new satellites, supercomputers and much more. Why is it needed? According to the Ministry of Earth Sciences, tropical weather forecasting remains challenging due to the complexity of atmospheric processes and limitations in current observation and model resolution. Observational data is relatively sparse, both spatially and temporally, and the horizontal resolution of Numerical Weather Prediction (NWP) models, currently at 12 kilometres, makes it difficult to accurately forecast small-scale weather events in India, it said.

Since Elon Musk acquired Twitter and renamed it X, a steady stream of celebrities, public figures, organizations and ordinary people have quit

Polaris Dawn mission carried out its spacewalk on Thursday with two astronauts emerging out of the capsule in Earth's orbit, tethered to the Crew Dragon spacecraft in the vacuum of space. The mission launched on Tuesday — after being delayed by more than a week due to some technical issues — with a crew of four using SpaceX's new spacesuits and a redesigned spacecraft. Billionaire Jared Isaacman, 41, was the first to exit at about 6:52 a.m. ET (1052 GMT), followed by SpaceX engineer Sarah Gillis, 30, becoming the first two non-government individuals to conduct such an excursion in space.