Stage Financial News

Mahindra Manulife Mutual Fund has launched Mahindra Manulife Business Cycle Fund, an open-ended equity scheme following business cycles based investing theme, catering to investors with an appetite for long-term capital appreciation through equity and equity-related securities. The new fund offer or NFO of the scheme is open for subscription and will close on September 4. The scheme will reopen for continuous sale and repurchase from September 13. The scheme aims to generate capital appreciation by investing predominantly in equity and equity-related securities with a focus on investing in companies and sectors to participate in the business cycles through active portfolio allocation.

Indian market and some selling by foreign portfolio investors (FPIs) in the cash market amid rising dollar and bond yields. The short-term outlook of the market is cautious and analysts expect the market to see some consolidation. "The rally in global markets, driven by the US economy’s soft landing narrative, appears to be losing steam.

ISRO, but what's more to Chandrayaan-3?Space, the ultimate tech frontier Many may not know but space exploration has led to a large number of technological innovations which have improved daily life. Apart from the industrial use of innovation in space technology, you can find space technology in items of daily use too.

Disha Ravi, facing prosecution for her alleged involvement in sharing a toolkit backing the farmers' protest in 2021, urged the Delhi High Court on Monday to modify a bail condition of seeking prior permission of the trial court before travelling abroad. The plea came up for hearing before Justice Swarana Kanta Sharma who, after hearing submissions for the counsel of Ravi and police, said an order will be passed at 4 pm. Ravi was arrested by the Delhi Police on February 13, 2021 for allegedly being involved in sharing on social media a toolkit related to the farmers' protest which was then going on against the Centre's three farm laws, and was granted bail by a trial court here on February 23, 2021.

Russia's Luna 25 crashed into the Moon on Sunday, ending the country's dream of being the first to make a soft landing on the lunar south pole. Luna 25 was Russia's first lunar mission in 47 years, since the launch of the Soviet Union's Phobos 2 probe in 198 We take a look at some of the previous lunar missions that failed. According to The Planetary Society, the world's first lunar mission, led by the United States, failed just 77 seconds after lift-off owing to the rocket's first stage exploding.

₹10.26 crore on its opening day, setting the stage for what would become a noteworthy box office run. The film experienced a significant boost in collections on its second day, garnering ₹15.3 crore, showcasing a notable increase of 49.12% compared to the previous day. The upward trajectory continued on the first Sunday, with a collection of ₹17.55 crore, marking a commendable growth of 14.71% from the previous day.

International Cricket Council recently announced the two mascots for the ODI World Cup 2023 scheduled to be held in India from October this year. The event was held in Gurugram on August 19 in the presence of current captains of U19 World Cup winning sides, Yash Dhull and Shafali Verma. The two mascots originate from a distant cricket utopia called Crictoverse.

Honor had stopped selling its smartphones in India and reportedly retreated last year amid limited marketing budget and less prudent portfolio management. «India was never a focus market for the Huawei Technologies-owned Honor until 2020 — when it was forced to spin-off the brand and reassess strategy,» said Neil Shah, vice president at Counterpoint Research.

“We are looking at investing in a business in Tier II, III cities. The government's initiatives and the ecosystem they've built are genuinely remarkable, some aspects even surpassing what the metros offer,” says Vignesh Shankar, Founder and Managing Partner at artha99. In an interview with ETMarkets, Shankar said: “I think the next wave is going to come from tier 2, tier 3 cities, what I call the Dhoni moment” Edited excerpts:Thanks for being part of the segment. Take us through the fund performance of Artha99 CAT 1 AIF. Thank you once again for having me here.

NEET exam abolition in the state, according to a report published by the news agency ANI. Addressing a valedictory function at the one-day hunger strike staged by the DMK youth wing and doctors over the demand seeking exemption of the state from the central exam, Stalin questioned the Governor’s authority in the matter. “Tamil Nadu Governor RN Ravi has got so much arrogance.

Ron Cephas Jones, a veteran stage actor who won two Emmy Awards for his role as a long-lost father who finds redemption on the NBC television drama series 'This Is Us', has died at age 66, a representative said Saturday. Jones' manager, Dan Spilo, said in an emailed statement the actor died «due to a long-standing pulmonary issue». «Throughout the course of his career, his warmth, beauty, generosity, kindness and heart were felt by anyone who had the good fortune of knowing him,» Spilo said.

Tata Sons is in discussions with multiple startups as the conglomerate seeks technical know-how for its £4 billion ($5.1 billion) UK battery plant, where it aims to start mass production in 2026. “If you look at the startups that are working in this space, they are at the forefront of technology,” Tata Motors Group Chief Financial Officer P.B. Balaji said in an interview in Mumbai.

Former US President Donald Trump has officially announced his decision to skip the upcoming Republican primary debate, the first of the 2024 cycle. Trump has made his position clear on his social media platform, stating that he believes the public is already well-acquainted with his views and hence he won't be participating in the debate. While it remains unclear whether this decision will extend to future debates or just the present one, a Trump advisor told CNN that the former president might still consider taking part in subsequent primary debates despite his online announcement.

Reliance Industries (RIL), shares of the recently-demerged company Jio Financial Services or JFSL will list on stock exchanges at 10 am today. On both BSE and NSE, the stock with the symbol of JIOFIN will trade in the T Group segment for the first 10 days.

THORChain (RUNE) stands apart with its distinctive cross-chain liquidity system, and in the current week, it has captured considerable attention for a compelling reason. 

US insurance broker giant Marsh & McLennan is nearing an agreement to acquire Australia’s Honan Insurance, according to people familiar with the matter.

By Alasdair Pal

Captain Olga Carmona scored the winner in the first half as Spain won the Women’s World Cup for the first time by beating England 1-0 in the final in front of 75,784 fans at Stadium Australia on Sunday.

equity fund strategy, building a separate identity in an industry primarily known for broad sector investments. With assets under management crossing ₹23,000 crore or $2.6 billion, 360 One is one of the leading domestic private investors in India “On the PE side, our right to win an edge will be industry-focused thematic funds. And, so, you will see us being much more industry-led, going forward," said Sameer Nath, chief investment officer in his first formal interview since taking over as CIO and head of venture capital and private equity business.

US presidential race, Florida Governor Ron DeSantis and Indian-American entrepreneur Vivek Ramaswamy find themselves tied at the second place in the Republican presidential field in a new poll, The Hill reported. An Emerson College poll showed DeSantis and Ramaswamy tied at 10 per cent each, trailing former President Donald Trump, who leads with 56 per cent. It is pertinent to mention that DeSantis, who was in second place, despite registering 21 percent in June has witnessed a huge fall as he currently stands at 10 per cent currently according to Emerson College Polling. On the other hand, Ramaswamy has risen to the second spot from a mere 2 per cent then. Pollsters also found somewhat more “shaky support” among DeSantis supporters than among those for Ramaswamy. Almost half of Ramaswamy backers said they will definitely vote for him, while only a third of DeSantis supporters said the same, according to The Hill. Meanwhile, more than 80 per cent of Trump supporters said they will definitely vote for the former president.

By Alexandra Valencia and Julia Symmes Cobb