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Deepak Shenoy, Founder, Capital Mind, says “technically, Vedanta is not a great play. If you bought it for fundamental reasons, then you probably want to wait to see how the demergers evolve into the results which should start coming in and more colour should start coming in once they announce results. So you might as well wait for that to make a decision. The reason to exit is probably related to why you entered in the first place.” What do you make of this move coming in from Vedanta? Earlier it was all about merging and now it is all about demerging? Yes, it is a little crazy.

mutual funds through SIPs. A deeper look at what it means: A mandate is an instruction provided by an account holder to the bank to automate his recurring payment. E-mandate is a digital payment service introduced jointly by RBI (Reserve Bank of India) and NPCI (National Payments Corporation of India). Almost all large banks in India provide these facilities. They are hassle-free and reduce the burden on individuals to make timely payments. Typically, these are often used by investors who invest in mutual funds using systematic investment plans (SIPs). Earlier, investors filled a physical form to make recurring payments through SIPs, which was time-consuming and challenging. Once an E-mandate is set up it reduces the SIP registration time from earlier 21 days to 5-7 days now and hence is becoming popular. How can you set up an e-mandate ? Investors need to complete a one-time registration process for setting up a mandate with the fund house, registrar or through third-party portals that distribute mutual funds. In the case of sending a physical mandate a request form needs to be submitted and this process could take 3-4 weeks. Investors can set up an E-mandate digitally with their net banking authentication and it is completely paperless. Registration is done through internet banking of respective banks using net-banking credentials, while in some banks, even debit cards can be used. Some portals also use ‘E-sign’ using Aadhaar to set up mandates.

Say goodbye to shivering in the cold and skyrocketing utility bills – it's time to experience the pinnacle of home comfort with the best-selling water heaters of 2023.

An engineering company that provides services to BHP, Rio Tinto and Santos is considering joining the ASX in a float that could value it at more than $400 million.

Imagine you are the CEO of a medium-sized professional services firm offering tax advice to thousands of Australian individuals, families and small businesses. You’re enjoying movie night at home on a Saturday; a rare moment of calm after a busy week.

TPG Telecom and suitor Vocus Group are expected to continue talks over the potential sale of some $6 billion in assets for weeks despite the expiry of an exclusive period of due diligence.

MinterEllison’s burgeoning consulting division continues to grow, after the top-tier law firm bought higher education consultant Wells Advisory to create an “end-to-end” legal and advisory higher education practice.

A major shift in how we get around is under way as businesses and consumers increasingly opt for connected vehicles over older styles, drawn by the promise of advanced safety features, eco-friendly credentials and a wealth of entertainment options.

The banking sector is undergoing revolutionary change. The number of banks is growing, buoyed by the emergence of neobanks, and the sector faces increased competition as non-banking institutions are offering banking services such as mortgages and credit cards.

How Australians pay for goods and services has transformed over the past 20 years. Cheques are all but gone, and the federal government says they will be phased out by the end of the decade.

Meta currently makes a line of mixed reality headsets called Quest and smart glasses designed with Ray-Ban eyeglass maker EssilorLuxottica that can stream video and speak with wearers through a new artificial intelligence virtual assistant. It announced new versions of the smart glasses and its consumer-oriented Quest headset, Quest 3, at its annual Connect conference last week.

After four major U.S. airlines found unapproved aircraft parts from a UK-based vendor in their planes, WestJet says one of their aircraft was also affected.

WisdomTree, Inc. (NYSE: WT), a prominent global financial entity, has declared its intention to close and liquidate five of its ETFs. The ETFs in question will cease accepting creation orders after October 20, 2023, marking the same day as their final trading day on their respective exchanges.

This is part of a series of interviews with the winners of The Economic Times Startup Awards 2023. Indian markets may come across as an ideal option for many software players to go public as the bar for listing in the US gets higher and investors here open up to technology-based listings, Jishnu Bhattacharjee, managing director of Nexus Venture Partners, said.

These best-selling laptops are highly sought after for their exceptional performance, reliability, and cutting-edge features. These laptops offer a seamless user experience with powerful processors, ample storage, and stunning displays. Their advanced graphics capabilities make them ideal for gaming and multimedia tasks. Additionally, best-selling laptops often boast long battery life, sleek designs, and lightweight construction, making them portable and convenient for users on the go. Join us as we unravel the best-selling laptops of September, 2023, with their impressive specifications and popularity among consumers, it's no wonder these laptops dominate the market. List of the Best-selling laptops

Swiss-based blockchain firm Distributed Technologies Resources (DTR) has announced the launch of a Dirham-backed stablecoin, DRAM. The token launched today, October 3, 2023.

The Cyber Crime Investigation Bureau (CCIB), an arm of the Royal Thai Police, has announced the successful retrieval of $277 million (about 10 billion THB in local currency) in digital funds from internet fraudsters, all thanks to its collaboration with the Binance exchange. 

A bill recently approved by the House Ways and Means Committee would nearly double the annual limits on contributions to health savings accounts — a measure that opponents said will only provide a bigger tax perk for the wealthy.

McCarthy's ability to remain in leadership was thrown into serious risk on Tuesday after the House voted to move ahead with an effort by hard-right Republican critics to oust him. The narrow outcome forced by McCarthy's chief rival, Rep. Matt Gaetz of Florida, brought together a handful of conservative Republican critics of the speaker and many Democrats who say he is unworthy of leadership.

Adani Wind, the wind energy solutions division of Adani New Industries (ANIL), plans to invest ₹2,000 crore in setting up 5 GW (giga watt) capacity in five years, a senior company official told ET. Thereafter, the capacity would be scaled up to 10 GW in another two years, by 2030. «We will be expanding our capacity in four phases.

Meta is planning to lay off employees on Wednesday in the unit of its metaverse-oriented Reality Labs division focused on creating custom silicon, two sources familiar with the matter told Reuters on Tuesday. Employees were informed of the layoffs in a post on Meta's internal discussion forum Workplace on Tuesday. The post said they would be notified about their status with the company by early Wednesday morning, one of the sources said.