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Mirae Asset Mutual Fund has launched Mirae Asset Nifty IT ETF, an open-ended scheme replicating/tracking Nifty IT Total Return Index. The new fund offer or the NFO of the scheme is open for subscription and it will close on October 18. The scheme will re-open for continuous sale and repurchase from October 23. The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty IT Total Return Index, subject to tracking error.

Also Read: Delhi's air quality on upswing, likely to enter 'poor' category soon The AQI scale ranges from 'good' between zero and 50, 'satisfactory' from 51 to 100, 'moderate' between 101 and 200, 'poor' from 201 to 300, 'very poor' within 301 to 400, and 'severe' from 401 to 500. Meanwhile, earlier on Thursday, Delhi experienced a maximum temperature of 34.7 degrees Celsius, slightly surpassing the seasonal average, as reported by the India Meteorological Department (IMD).

monetisation opportunities for operators such as Bharti Airtel and Reliance Jio as they complete one year of service launch this month, said Qualcomm India president Savi Soin. He told ET that the first year of 5G has been a great success, with prices of smartphones coming down and operators rolling out networks at a fast pace. “It’s a great success. The original equipment manufacturers (OEMs) and operators are bringing new use cases.

The quarter-finals of the 2023 Rugby World Cup are an incredible match-up between teams of the northern and southern hemispheres in every game this weekend.

The independent directors of ailing packaging group Pact Group have told shareholders to reject a takeover bid by Rich Lister Raphael Geminder, who already owns just over 50 per cent of the company.

There has been a flood of settlements this year in 401(k) plans lawsuits, netting plaintiffs and the law firms that built the cases millions of dollars.

Rahul, spinners need to click for India KL Rahul repaid the selectors’ faith in him by producing two match-winning innings in quick succession: against Pakistan in the Asia Cup and against Australia in India’s opening match of the World Cup. He is the glue that can bind the middle order. The rate at which he is capable of scoring bolsters India’s prospects in the middle overs. His form is crucial to India’s chances in this tournament.

Spy X Family" has returned, promising to bring chaos and excitement to our screens. The first episode successfully rekindled fond memories of the espionage-centric family. In this first episode, Yor had a delightfully carefree day, free from her usual annoyances. However, the toxin's effects were short-lived, plunging her back into her typical mood, perplexing Loid once more. Let's dive into the previous episode recap and explore what awaits us in the upcoming installment.

Apple and Samsung, among others, and their brand image hurt due to intense government scrutiny, top Chinese smartphone brands are scrambling to protect their turf in the Indian market by strengthening their presence in offline retail, roping in brand ambassadors, launching new initiatives, and focusing on product quality. These strategies are causing a marked shift in the way these Chinese brands are operating in India this year where smartphone demand has weakened amid higher product prices and economic uncertainties, brand experts and market trackers said. Experts feel that this is also a good time for new entrants such as Nothing and Google to get a foothold with relatively lower entry barriers as compared to other markets. Increased scrutiny by Indian authorities and tepid demand for higher volume smartphones costing less than Rs 10,000, where Chinese brands have a major presence, has seen the combined share of these products drop to 61% in Q2 2023 from their peak of 77% in Q1 2020.

Sam Bankman-Fried’s defense lawyer has struggled through a meandering cross-examination of the FTX founder’s former girlfriend Thursday, keeping both the judge and the public guessing as to his strategy in countering the testimony of the government’s k...

EY go ahead of its peers with a top line of about Rs 11,400 crore. Combined revenues of EY, KPMG, Deloitte and PwC crossed Rs 32,700 crore last year, highlighting the expansion in the scope of services being offered by the Big 4 in a country that ranks among the top three in the world on the number of listed firms. Traditionally, the Big 4 firms have primarily been associated with audit and tax services, while the MBB (McKinsey, BCG and Bain) were the undisputed leaders in strategy consulting. Over the past few years, however, the Big 4 have quickly transformed into high-demand advisory and technology services firms, with consulting and technology emerging as the most rapidly expanding revenue streams in the post-Covid era.

National Security Guard (NSG) director general MA Ganapathy said on Thursday that anti-terrorism professionals must examine the unprecedented attacks in Israel. He said it could never have been envisaged that terrorists could get under the radar of extremely sophisticated technological infrastructure and perpetrate the ghastly act on such a scale and proportion.

Fisker Inc. (NYSE:FSR) announced Thursday that the American electric automaker intends to open its first retail lounge in Shanghai, China, as the company continues the roll-out of its China business.

Seven Group boss Ryan Stokes has been appointed interim chairman of Beach Energy, consolidating the major shareholder’s power over the gas company.

Coles Group chief executive Leah Weckert is expecting more consumers to cook and celebrate at home this Christmas season as cost-of-living pressures continue to bite, in contrast to a splurge last year coming out of the pandemic.

By Jonathan Landay

Karnataka, state’s Industries Minister MB Patil and IT/BT Minister Priyank Kharge said on Thursday. The ministers shared details of their interactions with top executives during their recent US tour at a media conference. Some of these companies were already in the process of investing about $ 1 billion in the state.

By Tim Hepher

United we win, divided we fall. This fits perfectly in the stock market. We always see how a stock is performing, but we forget to check how its sector is performing. In our daily lives, we see there are some sectors that have booming business opportunities and some that are already flying high. The same happens in the stock market.

Systematic Investment Plans (SIPs) hit a fresh all-time high of Rs.16,042 crore in September 2023. The growth in Net Assets under Management (AUM) was flat, with AUM at Rs.46.58 lakh crore. SIP AUM stood at Rs.8.70 lakh crore, against Rs.8.47 lakh crore in the previous month, according to AMFI’s monthly data.

Hero Realty Pvt Ltd (HRPL), one of India’s leading real estate developers, today announced that it has entered into a new joint venture (JV) agreement with Saheb Enterprise to develop a premium multi-story complex on approximately 4 acres of land in Gurugram’s fast-developing 104 Sector. With this new project announcement, Hero Realty aims for at an additional Rs 1500 crore in the topline for the current fiscal, and a topline of Rs 5000 crore in the next couple of years.