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Subscribe to enjoy similar stories. Wipro GE Healthcare, the 35-year-old joint venture between GE HealthCare and Wipro Enterprises, has started rolling out its $1 billion investment plan to expand manufacturing in India and boost exports, confident that it can dodge the impact of reciprocal tariffs that the US may impose on India’s medtech industry. The company expects to make about 70% of its products for the Indian market locally by 2030, a top executive said, compared with 40-45% currently.

Subscribe to enjoy similar stories. The Securities and Exchange Board of India’s (Sebi) consultation paper, ‘Enhancing Trading Convenience and Strengthening Risk Monitoring in Equity Derivatives,’ issued last month, fulfils a long-standing market demand to increase the economic representativeness of its Open Interest (OI) measurement approach. The proposal will not only help retail investors, but also institutions such as mutual funds that manage retail money.

small-cap mutual funds if they do Systematic Investment Plans (SIPs) in these schemes for at least 10 years. According to a study by asset valuation analytics firm Valuemetrics Technologies on monthly rolling returns for SIPs between April 2005 and March 2025 in the Nifty Small Cap 250 Total Returns Index, such investments made for three to ten years have incurred losses (see table). For instance, the highest return made in a three-year SIP in the Nifty Small Cap 250 TRI in these 20 years is 42.1% on an annualised basis. At the same time, the value has eroded by as much as 64.70% in the worst-case scenario for three-year SIPs in this period, the study showed. Similarly, investors lost 0.4% on an annualised basis in a 10-year SIP, but if the SIP continued for 12 years, the minimum return increased to 2.4%.

Jewellery stocks have gained traction over the past week after failing to earn returns in the previous three months. The stocks were under pressure on account of concerns over rising gold prices which may affect demand. However, companies expect to maintain the growth momentum in the March quarter as high prices are likely to support the top-line growth amid slower volume growth. Store expansion and rising average transaction values are key growth drivers for the sector. Listed jewellery companies including Titan Company, Kalyan Jewellers, PN Gadgil Jewellers, Thangamayil Jewellery, and Senco Gold have gained 2-20% over the past week compared with 4-40% drop over a three-month period. Fluctuating gold prices continue to be a double-edged sword for jewellery retailers. While higher prices boost revenue, they also impact affordability leading to softer volume growth. However, demand, among other factors, also depends on seasonal factors such as weddings and festivals.

The First Berserker: Khazan players around the world will be pleased to note that a major surprise awaits them if they have pre-ordered the Standard or Deluxe editions of the game. More than being cosmetics, these armour sets are all set to provide users major bonuses that can be handy in navigating through the early missions in the game. If you are one among those struggling with the uphill task of defeating challenging enemies, then this could be a valuable deal for you, Game Rant reported. Also, players who wish to take on the look of their pre-order gear will be allowed to do so in the late-game armour. However, it must be noted that these features get unlocked only after users get to complete the main story.

Novo Nordisk A/S agreed to pay United Laboratories International Holdings as much as $2 billion for a next-generation obesity drug, the Danish Ozempic maker's latest move to refill its pipeline of experimental treatments. Novo will pay Hong Kong-based United Laboratories $200 million upfront for the drug, which combines three different mechanisms in an effort to treat obesity as well as diabetes and other diseases, the companies said Monday. Novo agreed to pay as much as $1.8 billion if the drug reaches certain development and sales goals. The deal comes amid growing skepticism from investors that Novo's next-generation portfolio will be sufficient to keep it on top of the hypercompetitive market for weight loss treatments. German software developer SAP SE unseated Novo as Europe's most valuable public company on Monday. Novo's shares traded down as much as 3.1% in Copenhagen. United Laboratories will retain rights in China for its compound, which works in a similar way to Novo rival Eli Lilly & Co.'s retatrutide — considered the strongest among the next-generation drugs currently in late-stage human trials.

Emma Raducanu had nothing but kind words for her opponent McCartney Kessler after the American tennis star was forced to retire from the Miami Open. Kessler stepped back from the game after she sustained an injury in the second set. Kessler’s decision meant that Emma made it through to the tournament’s round of 16. The British tennis player will compete against world No. 6 Amanda Anisimova on Monday, March 24.

Tiger Woods' relationship announcement with Vanessa Trump sparked debate, with Dave Portnoy criticising the golfer. On Sunday, Woods shared some photos with Vanessa Trump, Donald Trump Jr.’s ex-wife, and made their relationship official on social media. Portnoy criticized Woods' demand for privacy by calling it a «ridiculous» move, Page Six reported. He also referenced Woods’ past cheating scandals.

Chennai Super Kings despite handing over captaincy to Ruturaj Gaikwad, the talismanic Mahendra Singh Dhoni said he is instead focussed on reinventing himself and his strokes to «stay relevant» in the IPL. Speaking to 'JioStar' after CSK's four-wicket win over Mumbai Indians in their lung-opener on Sunday night here, Dhoni spoke about the team dynamics under Gaikwad, his own form and also the regional commentary being done in the ongoing league. "...batsmen are now willing to take risks. They believe that with proper cricketing shots, they can play big strokes, and at the same time, they are improvising with their shot selection...whether it's a reverse scoop against a fast bowler, a sweep, or a reverse sweep against a pacer. «I am no different, I have to adapt as well. This is what is required of me for where I am batting. You have to try and stay relevant,» Dhoni said. «The way we played T20 in 2008 and the way we played IPL last year, it's very different. Earlier, there was a lot of turn in the wickets. Wickets were two-paced. Now, India's wickets have become much better; they are more batter-friendly,» he explained. The 43-year-old, under whom CSK won five IPL titles, handed over the leadership to Gaikwad at the beginning of the 2024 season. He said although he discusses things with Gaikwad, he refrains from persuading him to follow his advice.

Registering for GST as a freelancer or small business owner seems simple on paper. A quick look at the mandatory requirements on the official website shows that you need just two documents–your picture and proof of the residence where you will conduct your business, like an electricity bill or a rent agreement.

Subscribe to enjoy similar stories. Sovereign Gold Bonds (SGBs) were introduced nine years ago. These were launched to give investors an opportunity to invest in the much-loved yellow metal in dematerialized form.

What did Kamra say?Kamra's comment, “Meri nazar se tum dekho to gaddar nazar wo aaye. Haaye," was intended to entertain the audience.

Gustavo Medeiros, Global Head of Research, Ashmore Investment Management, says India still trades at a premium to emerging markets but is a much smaller premium than it was before the correction, about three-four months ago. Therefore, Ashmore has started to look into some of the companies that they like to find opportunities. In terms of structural stories, Medeiros says one should look into are overarching trends that have many years to play out. One of the top trends in India is inclusion of women in the labour market and the ability of India to absorb more manufacturing. These are two interesting structural trends and one should look into companies that will benefit from that from that perspective. Ashmore has always loved India, hasn’t it? Gustavo Medeiros: Absolutely, yes, the world loves India. It is the most exciting structural story in emerging markets. It has been for many years, but particularly over the last 10 years, since economic policies have been much more pro-market.

Sunil Subramaniam, Market Expert, says that though FIIs have started coming back, the market bounce-back is being led by DIIs as they have been sitting on Rs 2.5 lakh crore cash in the broad market and they are now looking to reverse the trade. Plus the Rs 100,000 crore Budget bonanza via tax cuts would also kick in. Subramaniam says rate sensitives and hence BFSI and consumer discretionary stocks are the right picks at this time. What are you making of this steady climb that the markets have seen? The Nifty alone has recovered about almost 1,000 to 1,200 points from the recent lows? Sunil Subramaniam: Though FIIs are coming back slowly, I still think it is the DII action which is driving the markets because as I have said before, there is a huge pileup of cash, almost about Rs 2.5 lakh crores with DIIs there and that money is a broad market money. It is not just largecaps, it is large, mid, and small. As the fund houses had generated cash by selling small and midcap stocks, used part of it to buy largecaps and hence the fall in largecaps is not so much, they are essentially now looking at reversing the trade.

Rupen Rajguru, MD, Senior Advisor, Julius Baer, says we are seeing a classic bottoming of the market and recovery will be slow, and not as significant and fast as we have seen in the previous cycle. But probably the market looks into the rate of change and at the margin, FY26 is going to be significantly better from an earnings perspective vis-a-vis FY25. What is your take on the overall market sentiment because in 2025 there has been a change in the narrative on how you look at the emerging markets, especially India. March has been quite a volatile month for us though we are cheering the recovery from the lowest level but the harsh reality is that among the SMIDs, there are pockets where we might not see the stocks recovering back to those 2024 highs. Is it the time to deploy more or rather be selective? Rupen Rajguru: Purely from a market perspective, in the very short to near terms, sentiment and liquidity determines the market momentum and both of these change very fast. Probably on March 4th, we were the worst as far as the sentiment and liquidity was concerned. So, while liquidity has not changed, but definitely in the last two weeks or so, sentiment has changed. And why has the sentiment changed?

Subscribe to enjoy similar stories. The government over the weekend withdrew its 20% duty on onion exports. This relieves Indian farmers, who have often run into export constraints just as prices have risen to let them reap rewards.

Subscribe to enjoy similar stories. Evaluating a banking stock requires a balance of quantitative and qualitative insights. Key metrics like Net Interest Margin (NIM), Return on Equity (ROE), and the Cost-to-Income Ratio help measure core profitability and operational efficiency.

US tariff war, said Ronald O'Hanley, chairman and chief executive officer of State Street, one of the world's largest custodian banks and asset managers. In an interview with Nishanth Vasudevan during his visit to Mumbai last week, Boston-based O'Hanley spoke about the US economic outlook, China and India's instant equity trade settlement plans among various topics. Edited excerpts: There seems to be a lot of uncertainty among investors around the tariff war ignited by the US. What is your reading?

HCL-Foxconn joint venture has begun talks with Larsen & Toubro (L&T) as well as Taiwanese major CTCI as it looks to onboard an EPC (engineering, procurement and construction) partner for its upcoming outsourced semiconductor assembly and testing (OSAT) facility, people aware of the development told ET. EPC companies essentially handle projects from the initial design and engineering to construction and completion stage. «Since Foxconn's semiconductor group head was in India, HCL arranged a meeting with EPC vendors like L&T and CTCI, who have worked extensively with Foxconn,» one of the people cited earlier said. «It took place as a preliminary discussion to see who could be the partner for the facility, going forward, because HCL-Foxconn are hoping to receive Cabinet approval by the end of this month.»

Subscribe to enjoy similar stories. Mumbai: Bajaj Finserv Ltd. expects significant growth in its financial services business over the next 15-20 years, driven by greater penetration of financial products and rising per capita income.

Subscribe to enjoy similar stories. Mumbai: Succession planning at Bajaj family’s financial services businesses begins by identifying young leaders and grooming them for years so that they can step up in future, Sanjiv Bajaj, chairman and managing director, Bajaj Finserv said. “We identify them early.