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interview with Mint in August 2015, Sacheti said that he decided he had to do something differently, and the best way was to use the internet. “Look, a regular jewellery store can open a 10,000 sq. ft shop but it only has one door.

Vikas Khemani, Founder, Carnelian Capital Advisors, says: “I am fully convinced that India will see disproportionately large flows in times to come. In the last two years, we lost close to $40 billion as the interest rates were rising in US and emerging markets and so there was the outflow. But that is all set to reverse.

KEC International shares jumped 8% to Rs 674 in Monday's trade on BSE after the firm bagged new orders worth Rs 1,007 crore, including for the construction of a multi-specialty hospital. The company's civil business vertical secured an order for the design, engineering, procurement and construction of a multi-specialty hospital in eastern India, the company said in a regulatory filing on Friday. Its transmission and distribution business secured an order for a 380 kV overhead transmission line project in the Middle East.

KL Rahul and Shreyas Iyer, both pivotal figures in the middle order. As a result, the committee is expected to opt for safer choices, factoring in the potential of testing back-up options in the five to six matches the Indian team is expected to engage in during the tournament held in Sri Lanka.

The BSE Sensex was trading 160 points or 0.25% higher at 65,109. Nifty50 was trading at 19,355, up 45 points or 0.23% at around 9.32 am.

Balbir Dhillon, Head, Audi India, says “Audi globally has decided to launch 20 electric cars overall by 2025 and 25 by 2030. That means some of these cars will also be made in India. If all the cars that are going to be launched globally make a positive business case, we will try to bring them to our customers in the country.”On Audi’s EV journeyAudi has decided to be a fully electric car company by 2033 so the journey has started and eventually will move in that direction.

“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.

Portfolio’s key multicap strategies have consistently given index-beating returns across time horizons, and the key sectors leading this performance are banking, healthcare, IT, and capital goods. Asked about the rationale for the high exposure to these sectors, Achin Goel, VP — Wealth Management and Institutional, at the firm, said, “These sectors will benefit from a robust growth story of India from the perspective of government initiatives, PLI schemes, infrastructure plans and the fundamental progress that we are witnessing throughout the nation.” Goel sees immense opportunities in the sectors in the long-term and believes that the portfolio results will be a reflection of the growth. Edited excerpts from an interview with ETMarkets:Benchmark indices have rallied close to 16% in 5 months. How comfortable are you with the current valuations?Before answering this question, let us run through a few macro data points.

Federal Reserve's Jackson Hole symposium for a guide on where rates might settle when the dust of this hiking cycle clears. The dollar made a gain of 0.7% on the euro last week, inched ahead on the yen and surged by more than 1% on the Antipodean currencies as U.S. Treasury yields leapt in anticipation of interest rates staying higher for longer.

equity funds carry higher risks, debt funds can provide stable income, making them suitable for elderly investors seeking steady returns. “However, it's essential to choose funds with lower volatility and a history of consistent performance," said Amit Gupta, MD, SAG Infotech. FDs are known for their security, making them an attractive option for senior citizens.

The a2 Milk Company has met its lower end of guidance for double-digit revenue and earnings growth, but warns the key China market will be more challenging this year with fewer children born.

SJS EnterprisesMarquee investor Ashish Kacholia sold part of his stake in aesthetic solutions provider SJS Enterprises for Rs 11.6 crore through the open market on Friday.Jio FinancialJio Financial Services, which recently demerged from parent Reliance Industries, will get listed on stock exchanges on August 21.Kotak Mahindra BankKotak Mahindra Bank's chairman Prakash Apte said the attrition challenge for the bank is concentrated at the junior management level.Read more: What changed the market while you were sleepingPNB Housing FinancePNB Housing Finance said through its focussed and multi-pronged resolution strategy, it has successfully resolved and fully recovered a large corporate non-performing account of Rs 784 crore.TitanTitan will acquire an additional 27.18% of equity shares in its subsidiary CaratLane Trading for Rs 4621 crore.Ashok LeylandAshok Leyland will issue Rs 870 crore corporate guarantee to cover lender facilities of two subsidiaries Optare Plc and Switch Mobility UKM&MMahindra & Mahindra announced proactive inspection of select XUV products.KEC InternationalKEC International, an RPG Group Company, has secured new orders of Rs 1,007 crore across its various businesses.ONGCONGC Videsh has secured a three-year extension from Vietnam to explore 'Block 128' in the South China Sea.

saving, spending and investing decisions, such as allocating money for life goals, sticking to a budget, making investments in different assets, and devising strategies for a rainy day. It is a crucial life skill, and when instilled at a young age, it can become a cornerstone for building a prosperous future. Learning about money management early lays the groundwork for responsible financial behaviour as an adult and helps navigate the complexities of personal finance confidently.

Sandeep has just turned 57 and is looking forward to his retirement in the next three years. He is proud of the fact that he has accumulated a sizeable corpus by investing diligently in the PPF, EPF and equity mutual funds. Over the past 20 years, he has made these choices after considerable research and deliberation.

One of Australia’s wealthiest families, the Smorgons, have cut back their investments in Australian apartment development and the office market in the United States in a post-pandemic strategic reset.

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.

risk exposure also increases. Natural disasters can cause massive damage to assets and investments in vulnerable areas. According to reinsurance company Munich Re, the total uninsured losses due to disasters in 2022 are estimated to be around $270 billion while insured losses are projected to be approximately $120 billion.

Chinese smartphone company operated from a small room in Bengaluru. The brand was mostly unfamiliar to Indians and Jain spent time and effort helping people pronounce the name as it should be. “Shao-mee", Jain told one of the writers of this story, a few months after he had joined.

learning skills and honing leadership to launch an own venture than joining an MBA programme, believe some of the entrepreneurs. Ahead of World Entrepreneurship Day on August 21, many founders with whom PTI spoke noted that while an MBA programme provides valuable managerial skills, it is not a prerequisite for starting a new company. Entrepreneurship is like a real-life MBA where an entrepreneur continually builds business fundamentals and hones communication, leadership and critical thinking skills, according to work-as-a-service platform Awign's co-founder and CEO Annanya Sarthak.

Numaligarh Refinery Limited (NRL) plans to enter Myanmar once the situation in the country improves, the company is eyeing to export hydrocarbon products in Bangladesh and Nepal in bigger scale. In Myanmar, NRL plans to set up retail outlets. The regime change had delayed the plan of NRL.

Investing.com — Here is your Pro Recap of 5 head-turning deal dispatches you may have missed last week: ArcelorMittal considers acquiring US Steel, Intel and Tower Semiconductor terminate the acquisition, Arena Group announces strategic expansion with Bridge Media Networks, and merger deals at Energy Transfer and Crestwood Equity, and Ball’s aerospace business and BAE Systems.