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Ekta Kapoor and her mother, Shobha Kapoor, have addressed the controversy surrounding the case registered against them under the POCSO Act. The allegations involve inappropriate scenes featuring minors in the ALT Balaji web series 'Gandi Baat'. In response, ALT Balaji issued a statement clarifying the involvement of the two producers and denying any violation of laws. According to the statement, both Ekta and Shobha Kapoor are not involved in the platform’s daily operations. The management of ALT Balaji, including its content strategy, is handled by separate teams. The company emphasized that it operates in full compliance with the law, including the POCSO Act, and dismissed the claims of featuring minors as incorrect. ALT Balaji also expressed its faith in the judicial system and confirmed full cooperation with the ongoing investigation. «It is further clarified that Mrs Shobha Kapoor and Ms Ektaa R Kapoor are not involved in the day to day operations of the company and the same are managed by separate teams, including its content strategy. The company has complete faith in the judiciary and is fully co-operating with the authorities in the investigation. since the matter is sub-judice, the company refrains from commenting in detail,» the statement added.

Hemant Soren from Barhait and Kalpana Soren from Gandey segments. The assembly polls will be held in two phases — on November 13 and 20 — while the results will be declared on November 23. Hemant Soren is the sitting MLA from Barhait (ST) constituency in Sahibganj district. He won the seat by 25,740 votes over his nearest BJP rival Simon Malto in the 2019 assembly elections. His wife Kalpana Soren had won the Gandey bypoll by 27,149 votes over her nearest BJP rival Dilip Kumar Verma. The seat had fallen vacant following the resignation of JMM MLA Sarfaraz Ahmad.

food delivery company Zomato will be in focus after the company's profit in the second quarter missed the Street estimates. The bottomline zoomed nearly 389% YoY in the reporting period to Rs 176 crore from a year ago, but an ET Now Poll was expecting PAT to be around Rs 260 crore.

Peloton plans to sell its deluxe stationary bike at Costco this holiday season as the struggling connected-exercise company seeks to broaden its customer base

Sebi's whole-time member Ashwani Bhatia said on Tuesday, while cautioning investors about the risk associated with complex financial instruments. «F&Os cannot be and should not be a national pastime which actually means that savings of retail participants move into the pockets of institutional hands,» Bhatia said while speaking at an event here.

mutual funds over the last one year. These as well as existing investors are keen to track the performance of their mutual fund portfolio. Since the net asset value (NAV) is declared every working day, it is easy to track performance over both short and long periods of time. WHAT ARE THE FACTORS TO LOOK AT WHILE EVALUATING RETURNS OF A MUTUAL FUND? Financial planners believe investors should not just look at returns in isolation, but should look at many other factors while evaluating performance. An important thing would be to compare rolling returns with the right schemes and peers, study expense ratio, look at statistical factors like standard deviation and beta. They should also be looking at fund manager tenure. HOW SHOULD ONE COMPARE SCHEME RETURNS WITH PEERS? The right way to look at your scheme returns is to compare it with the benchmark and peers. For example, a large-cap equity scheme’s performance should be compared with the Nifty 50 or Nifty 100 and not with the Nifty Smallcap 250 or other mid- or small-cap schemes. Similarly, returns from equity mutual funds should not be compared with fixed income or gold funds. A largecap active fund must be compared with another peer in the same category. If the average return from the largecap category over three years is 20% annualised and your scheme has returned 14%, it indicates your fund is not faring well. Financial planners feel a fund has performed well when it does better than its benchmark and category. If there are 10 funds in the category and the fund is amongst the bottom three, and not able to beat category average, it indicates that there are better funds out there.

investment firm M&G Prudential is in talks to lead a new funding round of $80-100 million for Bengaluru-based business-to-business (B2B) ecommerce firm Udaan, several people aware of the development told ET. The new funding round, when closed, will boost the UK-based company's shareholding in Udaan from about 15% now, the people cited earlier said. M&G Prudential is the second largest shareholder in the company after Lightspeed Venture Partners, which holds about 40% stake. Udaan, which saw a 44% cut in valuation at around $1.8 billion last year, may see the latest round at the same flat valuation, the sources said, adding that a term-sheet has been signed and the deal contours are being finalised.

Avaana Capital, an early-stage investment firm that has backed startups in the consumer, food and agri sectors, has made the final close of its dedicated climate and sustainability-focused fund at $135 million. The firm which was initially targeting to raise $100-125 million had made the first close of this fund at $70 million in June last year. Through this specialised fund, Avaana Capital plans to invest in 20-25 early-stage companies. The average first cheque size will range from Rs 10 crore to Rs 30 crore, and it plans to double down on successful investments.

Europe was a bright spot for the Indian IT industry's growth when its chips were down. But as North America has started gaining traction for the IT services industry, the other side of the pond has begun to show signs of softness for many of the top IT companies. Experts also say Europe is facing a decelerating economy which is unlikely to improve in the near future and, hence, clients are pulling back hard on discretionary spends and looking to delay large projects. While IT leaders' commentaries on Europe didn't reflect on their Q2 numbers, analysts say they are largely reflective of deal pipelines and will show in coming quarters. Infosys in its Q2 earnings call said that in Europe, the automotive sector was challenged recently while discretionary spend remains under pressure.

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...

Nate Silver reveals that polling averages in 21 states have gradually taken a shift towards former US President Donald Trump over the past month while it indicates a huge growing momentum for his campaign, reported Newsweek. On the other hand, US Vice President Kamala Harris is still leading nationally and also in key Swing States namely, Michigan, Wisconsin and Nevada whereas both the Presidential candidates are having a tie in Pennsylvania. According to Newsweek, over the past month, Republican Presidential nominee Donald Trump have gained some significant ground in battleground states while his deficit in Michigan has come down to just 0.5 points. Also Read: The Trump dance is going viral, even Harris supporters are liking it; watch it here

Jason Momoa expressed doubts about his continuation as Aquaman in the evolving landscape of the DC Universe (DCU), stating that his chances of reprising the role were «not looking too good.» Following this sentiment, reports have emerged indicating that none of the actors from the DC Extended Universe's Justice League will return for the new direction under director James Gunn. This development suggests that Aquaman and the Lost Kingdom may mark the conclusion of Momoa's journey as Arthur Curry. However, this does not necessarily mean that his association with DC is over.

Army chief said that trust has to be restored on the China border and status quo of April 2020 needs to be achieved for normal management of the Line of Actual Control (LAC), even as details have emerged that the patrolling agreement with Beijing will include easing up of positions in Arunachal Pradesh that had emerged as tension flashpoints over the past four years. General Upendra Dwivedi indicated that several steps are required before disengagement, de-escalation and normal management of the border can be achieved. «We are trying to restore trust. How will the trust get restored? It will get restored once we are able to see each other and we are able to convince each other that look 'the buffer zones which are there, which have been created… we are not creeping into buffer zones'… and both have to reassure each other,» he said.

fertiliser subsidy bill to go up by 8-9% on the back of ongoing Middle East crisis, officials said, adding that the Centre wants to have the headroom for a future price shock. The fertiliser subsidy for 2024-25 is budgeted at ₹1.64 lakh crore, 13.18% lower than the revised estimate of ₹1.88 lakh crore for 2023-24. The Centre has released ₹17,814.80 crore for nutrient-based subsidy and ₹43,355.09 crore for urea subsidy until September.

electronics manufacturing industry is hopeful the de-escalation of border tensions between India and China may speed up pending technology transfers, planned investments from Chinese companies and movement of capital goods. Some executives though said despite a thaw in the tensions, Chinese companies will remain cautious about investing in and sending executives to India, which would need to address the existing trust deficit. «We hope this will help the Indian industry in working with reliable Chinese companies without compromising our national security interests to develop a supply chain and other capabilities in India in the electronics sector and also grow trust between the two countries for their mutual benefit,» said A Gururaj, managing director, Optiemus Electronics.

Uttar Pradesh government has informed the Supreme Court that the state authorities will not act on the demolition notices issued against the buildings of certain residents of Bahraich accused of rioting till Wednesday. The counsel for the UP government gave this undertaking in response to an application seeking protection against the proposed demolitions which was mentioned before a bench headed by justices BR Gavai and KV Viswanathan. Communal riots broke out in UP's Bahraich last week and state authorities issued notices to demolish the buildings of individuals booked in an FIR related to rioting by alleging that their constructions were illegal. Three of them moved SC on Sunday contesting the demolition notices.

According to Broadbridge's US & European fund fees trends report, the changes in UK fees came on the back of shifting regulatory forces, with new rules, such as the Assessment of Value and Consumer Duty, leading to an increase in scrutiny of fund costs. Between 2013 and 2023, fees for UK passive strategies dropped by 73%, while charges for active strategies declined by 44%, below the active costs in Luxembourg. Passive asset managers pick up steam in fund selector rankings The US market experienced the second-largest fee decrease in the active management sphere at 32%. Broadbrid...

Over 70% of transport-related greenhouse gas emissions come from road vehicles, with passenger cars contributing nearly half. So, it's essential for cities to invest in sustainable public transport systems that encourage people to rely less on their cars. European Investment Bank (EIB) is a key partner in this transformation of urban mobility. By financing the development of six modern metro systems in Agra, Bengaluru, Bhopal, Kanpur, Lucknow and Pune, EIB is helping to create more sustainable, accessible and cleaner transport options. To date, EIB has committed ₹30,225 cr to urban mobility in India, its largest investment in this sector outside of Europe.

security adviser and the deputy minister of foreign affairs reportedly provided “sensitive intelligence about India to The Washington Post days before the RCMP publicly alleged that Indian government agents have been linked to homicides, extortions and other violent criminal activities in Canada,” leading Canadian daily Global and Mail alleged in its new report. “Two sources say Nathalie Drouin, a former deputy minister at Justice and now Mr. Trudeau’s top national security and intelligence adviser, and David Morrison, deputy minister at Global Affairs, gave a briefing on India’s interference operations in Canada to The Washington Post in the week before Thanksgiving. The intelligence was not to be reported until RCMP Commissioner Mike Duheme held a news conference on Thanksgiving Day,” The Globe and Mail reported quoting two sources. A spokesperson for Ms. Drouin and Mr. Morris denied any classified information was shared, according to Globe and Mail.

UN Security Council resolution that ended Israel's war with Hezbollah in 2006 could form the basis of a new ceasefire, though it would need to be better enforced. What is resolution 1701, and what problems were there with its enforcement? What does the text say? UN Security Council Resolution 1701 was voted in unanimously to end the 2006 war between Israel and Hezbollah, which killed around 1,200 people in Lebanon, most of them civilians, and 160 in Israel, most of them soldiers.

World Meetei Council (WMC) in a letter to Prime minister Narendra Modi has sought replacement of the current chief minister N Biren Singh citing his inability to restore normalcy even after 17 months. The WMC letter stated, “We wish to express once again our grave concerns regarding the ongoing situation in Manipur, which has persisted for the last 17 months. The people of Manipur are in a state of utter confusion and distress due to the prevailing circumstances. To date, neither the Chief Minister nor anyone else has taken responsibility for the chaos that has plagued our state.In a democratic framework, accountability lies with the head of the government for the outcomes of their leadership. A failure to govern effectively should prompt a resignation to allow for a new government under a new leadership”.