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Crypto firm Paxos has secured two in-principle approvals from the Financial Services Regulatory Authority in the Abu Dhabi Global Market.

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Mint Healthcare Summit 2023 that fear, not increased awareness, drove people to buy health insurance during and after covid. That said, health insurance very much remains a push product in India. Dr Mishra is director - product, underwriting & claims, at Niva Bupa Health Insurance.

T. Rowe Price will have a new head of global investments from Jan. 1, as Eric Veiel takes up the role previously held by president and CEO Rob Sharps.

Global bonds are soaring at the fastest pace since the 2008 financial crisis. 

Charlie Munger, who passed away yesterday night, had many fans in the Indian mutual fund industry. The respect these successful fund managers had for the straight talking Munger was enormous. Several fund managers, very successful in their own right, refused to share their thoughts about this great teacher because they felt inadequate to the task. Munger, who was often described as the sparring partner of Warren Buffett of Berkshire Hathaway, was known for his straight forward nature and deep insight into investing. He is also credited with steering Buffett away from Benjamin Graham style of value investing to a more robust investment style. Together these two legends created a company that is valued more than many multinational companies. ETMutualFunds managed to convince two respected Indian mutual fund managers to share their thoughts on the departed investment guru. S Naren, ED and CIO of ICICI Prudential Mutual Fund, said the best way to characterise Charlie Munger, an army veteran and trained lawyer, is as the epitome of wisdom. “His multifaceted approach to investment has made a lasting impression on the world of investing. He introduced the concept of quality over quantity investing. His 'latticework' investment strategy, which emphasised the artistry involved in investing, will live on,” said Naren.

Byju's as well as Pharmeasy in its earnings presentation on Wednesday. Prosus had in November last year marked down Byju’s valuation to $5.9 billion, a far cry from the troubled edtech company’s peak valuation a few years ago at $22 billion. Prosus reported revenue at $2.6 billion for the first half of FY2024, a 118% jump over the corresponding year-earlier period, while registering growth across multiple businesses as well as in most of the startups that it is invested in India.

ethos encapsulated in his quote, "The safest and most profitable thing is to buy something when no one likes it," echoes loudly among investors worldwide. In tribute to his influence, a dedicated meeting room bearing his name and this iconic quote in our office stands as a testament to his enduring legacy in shaping investment strategies that rise above mere numbers.

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₹53.41 crore from the maiden public offer which is entirely a fresh issue of 48.12 lakh shares. Graphisads IPO price band is ₹111 per share.

Algosone.ai is an up-and-coming new AI-based trading bot that uses natural language processing models and its own deep learning algorithms to offer a completely hands-off trading solution.

Elon Musk is expressing concerns about Tesla Inc.'s future, even before the Cybertruck's market debut. While the stainless steel body boasts durability against bullets and arrows, the assembly of its panels presents a formidable challenge, reported Bloomberg. As Tesla's inaugural high-voltage vehicle, it promises quicker charging but also poses potential complications.

who passed away at 99, shared some of his wisdom on life in an interview with CNBC ahead of his birthday on January 1 next year. He also spoke about his bucket list and why he gave it up. When asked about his bucket list, Munger seemed amused by the question, answering, "That's an interesting question.

The beleaguered crypto lender Genesis and its parent company, Digital Currency Group (DCG), have reached a settlement that could end the protracted lawsuit aimed at recovering $620 million in repayments from DCG.

The most basic, and safe, returns on investments are those derived from liquid funds, or returns from fixed income funds that are of good credit quality. While asset classes such as equities provide better returns, there are ways that conservative investors can enhance their basic returns without taking too much of the incremental risk.

The world of finance mourns the loss ofCharlie Munger, a luminary in the investing world and the trusted partner of Warren Buffett. Munger passed away at the age of 99 on Tuesday night in California. 

By Lucy Craymer

“Investing is akin to a game of cricket, where strategy and endurance are key. In this analogy, building a portfolio is like forming a cricket team,” Sonam Srivastava, smallcase manager and Founder, Wright Research. In an interview with ETMarkets, Srivastava said: “You need steady players like Virat Kohli, representing reliable, consistent investments such as blue-chip stocks or stable sectors. They are the backbone of your portfolio, ensuring steady growth and resilience during market fluctuations,” Edited excerpts: Samvat 2080 started on a positive note as the market picked up momentum. Where are markets headed? The commencement of Samvat 2080 on a positive note is indicative of a bullish sentiment in the Indian stock market. This optimism is rooted in several factors, including the expectations of FED rate cut and return of liquidity, progressive policy reforms by the government, and the resilience of major sectors like IT and healthcare. There is a definite resurgence of positive sentiments in the market.

Mumbai terror attacks. This gathering at Gandhi Hall, India House, was more than a memorial. It was a reaffirmation of India's commitment to combat terrorism.

The Mayo Clinic has announced a $5 billion expansion plan that includes new buildings designed so they can evolve and expand as patient needs change over the coming decades

Charlie Munger, who helped Warren Buffett build Berkshire Hathaway into an investment powerhouse, has died