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Maharashtra Day. Accordingly, all the segments including, the equity segment, derivative segment, and SLB segment will be closed. The multi-commodity exchange will also be closed for the first half but will remain open for the evening session from 5:00 pm. Trade settlements will also be closed on Wednesday.

Hyundai Motor Group plans to launch its first hybrid cars in India as early as 2026, three sources said, as the South Korean auto group looks beyond electric vehicles to boost its presence in a key auto market. The group, housing Hyundai Motor and Kia Corp, is evaluating a hybrid sport-utility vehicle of size similar to its top-selling, mid-sized Creta SUV in India, said two of the sources who have direct knowledge of the plans. Hyundai and Kia are both targeting the launch of hybrid SUVs in India in 2026 or 2027, one of the sources said, adding that their EV plans for India were also on track.

Best Mutual Funds to invest in 2024: What are the best mutual funds in India right now? Well, determining the top or the best mutual funds to invest in depends on various factors such as your investment goals, risk tolerance, investment horizon, and personal preferences. However, some types of mutual equity funds have outperformed their benchmark index in one year.

Also Read: JNK India IPO to debut on the bourses tomorrow; here's what GMP indicates ahead of listing According to Arun Kejriwal, the founder of Kejriwal Research and Investment Services, JNK India share price is likely to list within the range of ₹500 to 520. A robust listing with a 22–25% premium over the issue price of ₹415 per share is possible, according to Prashanth Tapse, Research Analyst and Senior Vice President of Research at Mehta Equities, given the favourable secondary market environment and robust subscription demand on the final day of the issue.

Taylor Swift continues to dominate in the week following the release of her 11th album, “The Tortured Poets Department." The 31-track album has hit No. 1 on the Billboard 200 chart, tying Swift with Jay-Z for second-most No. 1 albums at 14.

Late this year, Aurora Innovation Inc. plans to start hauling freight on Interstate 45 between the Dallas and Houston areas with 20 driverless trucks

New York Post reported that US and Danish scientists who created Life2vec have issued a warning to the people of a fraud by various imposters.

The chief executive officer of Ola Cabs, Hemant Bakshi, is reported to have resigned after barely spending four months in the position. The company is also set for restructuring, which may lead to a 10% staff reduction. As top management exits often are, the back-story of his exit is shrouded in mystery.

In his new role, he will work with Charlotte Meyrick on both the Aviva Investors UK Equity Unconstrained strategy and the Aviva Investors UK Small and Mid-Cap strategy. He will also provide analyst coverage of the energy, materials and utilities sector hubs. Aviva UK Listed Equity Income fund suffers second manager exit «I am pleased to welcome Mathew to our UK Equities team and look forward to working with him,» said Trevor Green, head of UK equities at Aviva Investors. «He brings with him a strong track record and a wealth of industry knowledge that will only add to the existing ...

Richard Perkett as its Chief Product Officer (CPO). Richard is set to steer Amagi’s product strategy with a focus on customers' goals and priorities. He brings over 25 years of experience in product management, product marketing, engineering, and user experience (UX), with a proven track record of leading SaaS-centric product strategies across multiple industries. Amagi, which was last valued at $1.4 billion, is a global leader in cloud-based SaaS technology for broadcast and connected TV (CTV).

Investcorp, a global alternative investment firm, has acquired NSEIT, the digital technology business of the National Stock Exchange (NSE) for Rs1000 crore, stated a press release. The transaction excludes the digital examinations business that is also housed inside NSEIT. NSEIT, a leading provider of digital transformation and cybersecurity services focused on global customers in capital markets, insurance, and banking, has a strong presence in India, North America and Middle East. The company’s offerings include digital engineering, data and analytics, artificial intelligence, cloud services, and cybersecurity services.

Dolly Khanna's latest portfolio: Dolly Khanna is one of those Indian stock market investors who is known for betting high on small-cap stocks that tend to outperform major Indian indices by a huge margin. So, a good number of retail investors follow her portfolio and keep track of her investment moves. For such investors, there is a piece of the latest stock market update.

AP, the destructive storms flattened buildings in the heart of a rural town and injured over 100 people. “You just can't believe the destruction," Oklahoma Gov. Kevin Stitt said during a visit to the hard-hit town.

Prime Minister Narendra Modi accused the grand old party of the Bengaluru's Rameshwaram Cafe blast. Moreover, he also alleged the party taking support of the banned Popular Front of India (PFI)-the anti-national organisation that supported terrorism in the state. "The way Congress has taken the help of PFI for the vote bank encourages them.

Initially, when funds reached the RBI’s investment limit in 2022, it was believed to be temporary, with the cap expected to increase soon. However, the cap continues to remain unchanged, having deprived investors of overseas exposure for over two years now. Of the 69 international funds, 26 have been closed in some capacity. Some have been toggling flows intermittently due to limited capacity. The Rs.7,500 crore Motilal Oswal Nasdaq 100 ETF initially paused flows for 3-4 months two years ago, but now remains open, providing liquidity daily based on demand. However, it uses outflows to manage limits and may close at any time. Pratik Oswal, Head, ETFs and Index Funds, Motilal Oswal AMC, points out, “We have some headroom to invest abroad, but we are not encouraging large investors and are giving preference to retail SIP contributions.”

Modi on Sunday claimed that the INDIA bloc has come up with a "formula" whereby the parties in the opposition alliance will get the PM's post for one year each if they come to power.«With such a system, the good of the country cannot be expected,» he said at an election rally here, as he urged the people not to waste their vote. «I have heard that the INDI Alliance has invented a new formula...if the country has to be given into someone's hands, will we think before giving it or not? Will you give it to anyone? We will think whether the person is able to handle the country or not, will the track record be analysed or not?» Modi asked the people. Questioning the INDIA bloc on which person or leader among them could the people hand over the country's responsibilities to, he asked, «Is there any name? Will you accept without any name, keeping you in the darkness? Will the country accept it?»

A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden’s re-election bid

Asan Ideas of Wealth, follows the unified portfolio approach. All his savings are invested in just two mutual funds—the Nifty50 index fund, and the Gilt Fund. The 53-year-old, a chemical engineer at a Gujarat-based fertiliser company, aims to maintain 50% allocation each in equity and debt.

Also read: RBI sets standards for SFBs eyeing universal bank licence Uttam Tibrewal, executive director & deputy chief executive officer, AU SFB, said, “Prima facie it looks like we meet most of the criteria set out by the regulator. We are studying the circular in detail and will discuss the next course of action with our board soon. Currently, we are fully focused on ensuring a smooth integration with Fincare SFB and scaling our recently launched authorised dealer-I business of cross-border trade and forex for our customers." According to the RBI's guidelines, only listed SFBs can qualify for a universal banking license.

Tesla CEO Elon Musk landed in Beijing on Sunday, a flight tracking app showed, as two people with knowledge of the matter said the billionaire was kicking off a surprise visit to the automaker's second-biggest market. Musk is seeking to meet senior Chinese officials in Beijing to discuss the rollout of Full-Self Driving (FSD) software in China and to obtain approval to transfer data collected in the country abroad to train algorithms for its autonomous driving technologies, one of the people said. Tesla has since 2021 stored all data collected by its Chinese fleet in Shanghai as required by Chinese regulators and has not transferred any back to the United States.

Chinese stocks and driving value investment strategies in Asia. Corporate reforms in Japan and South Korea will support a value thesis, according to JPMorgan Asset Management and AllianzGI. Meanwhile, M&G Investment Management is attracted by near record-low valuations for Chinese stocks. Other haven plays are exporters and India’s domestic-driven equities.