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Hindprakash Ind(up 19.99%), Alfavision Over(up 19.96%), Shish Industries(up 18.77%) and Visco Trade Associates(up 16.93%) were among the stocks that surged over 15%.

More than two years after the collapse of cryptocurrency exchange FTX, some of its customers will start getting their money back early next year.

Vishakha Mulye was chosen as Businesswoman of the Year for her role in driving growth at the financial services arm of Aditya Birla Group as chief executive of Aditya Birla Capital (ABCL). Mulye, who assumed charge in July 2022 after working at ICICI Bank for 30 years, successfully transitioned the non-banking finance company (NBFC) from a book dominated by large lumpy wholesale clients toward smaller, better-yielding retail clients. In the two-and-a-half years at the helm, Mulye has raised 4,000 crore of capital at the holding company level, selling part of the company’s stake in the broking business, and divesting shares in the asset management company. Additionally, she consolidated the financial services business by merging the NBFC with itself. Under her leadership, the holding company’s assets under management rose to `. 5 lakh crore from `. 3.55 lakh crore, and the consolidated lending book doubled to `. 1.38 lakh crore from `. 67,887 crore. She won the category in a tight vote, indicating the level of the competition among the women nominees. “Vishakha is a very good manager… and is working towards transforming Aditya Birla Capital,” said one jury member.

The label will be adopted from 3 February 2025, making the portfolio the third fund in EdenTree's suite to adopt a label, after the EdenTree Green Future and EdenTree Green Infrastructure mandates recently revealed they will be using the Sustainability Impact label as well.  This means that EdenTree has now adopted an SDR label across three major asset classes: equities, listed infrastructure and fixed income.  Editor's view: Where are the SDR Improvers and Mixed Goals? Managed by the firm's head of fixed income, David Katimbo-Mugwanya, and fund manager Michael Sheehan, the Global ...

Yellowstone'-at least in its original form- has come to an end after five seasons. Viewers tuned into to learn the fate of the Dutton’s family ranch. “Yellowstone” Season 5 Part 2 episode 14 airs on Sunday, Dec. 15, at 8/7c on Paramount Network. While the episode was expected to serve as the series finale, Rip and Beth will continue to ride on after «Yellowstone» ends, as Kelly Reilly (Beth Dutton) and Rip Wheeler (Cole Hauser) have reportedly finalized their deals to reprise their characters in a new «Yellowstone» spinoff, reports USA Today. According to reports, Yellowstone will live on in a new form with original cast members returning. ALSO READ: Yellowstone Season 5 Part 2: When and where to watch for free and all-episode guide. Is Season 6 on cards?

Subscribe to enjoy similar stories. Scale is crucial in the wealth-management business, but it needs to be the right kind of scale. Managing money for the rich is today’s golden goose in banking, because it generates stable fees and has low capital requirements.

«So, let us see, that depends on the commentary of the Fed but so far the data build up has been positive. So, probability is that if the data remains stagnant or it remains like this only, then there is a good probability that we will hit the upper range. So, so far the setup is neutral to bullish,» says Aditya Arora, Adlytick. What is your bet? Are we likely to hit 25,000 over the next 10 to 15 days or not? Aditya Arora: Look, market is actually waiting for a big trigger and that trigger lies in Fed's meeting which is lined up in this week. So, before that I do not think market will show very big movement, but in fact would consolidate in a tight range.

«So, at some stage you come to a level where returns obviously get muted. So, you have to buy some of these stocks whoever wants to buy on bad news like for example Amber did not do well when the entire AC market was in doldrums,» says Sandip Sabharwal, asksandipsabharwal.com. I think you mentioned last week that these EMS stocks they look good, now the point is that I know anything above 50 PE Sandip Sabharwal will be the first one to come out and say mehnga hai, valuations are stretched. Why are you not bearish on these stocks because the PE multiples I think are 50 plus and the margins are 6-7%, that is not your style of investment. Sandip Sabharwal: I am not buying these stocks but the whole point is that when the question was asked whether these companies will do well over the long term the only thing I see is that they are getting so much traction of growth by so many tie-ups and benefiting because of PLI, etc, and the entire PLI business because a few companies get selected and then it is very tough for new companies to come in so these people are getting sort of a moat because of government policies not because of what they are actually doing.

On the BSE, Angel Fibers(down 18.57 per cent), Superior Finlease(down 15.84 per cent), SAB Industries(down 9.99 per cent), Gconnect Logitech(down 9.99 per cent) and Shubham Polyspin(down 9.85 per cent) were among the stocks that plunged over 5 per cent during the session.

Chakri Lokapriya, Managing Partner, RSB LLP, says the technology sector, especially large-cap and mid-cap companies, is poised to benefit from the US economic recovery starting in January, driven by the new Trump administration's tax cuts that are expected to boost discretionary spending. Indian IT firms like KPIT, Mindtree, and Cyient may gain from increased engineering research and development spending, which has been stagnant. The cloud computing sector is also set to grow by 35-40%, benefiting major players like Infosys, TCS, and HCL Technology. Lokapriya says he would be ready to invest in Infosys, TCS, HCL Technology, Cyient, KPIT, and Mindtree. What is your take on the entire banking and financial space, especially after that brokerage note from UBS?.. It was quite a bearish note. While the private banks seem to be holding up rather steady in Friday’s trade, it is the PSU banks and the broader financials that seem to be taking it on the chin, the likes of Shriram Finance, IOB, Canara Bank, all these banks are not doing well right now. How would you like to play this banking space and do you believe that private banks can outperform the PSU banks going ahead? Chakri Lokapriya: The note kind of talks about everything that was already largely known in terms of the loan growth slowing down.

Subscribe to enjoy similar stories. The country’s principal manager of retirement savings for private-sector employees, the Employees’ Provident Fund Organisation (EPFO), is working on a facility to let subscribers withdraw funds from their corpus through ATM cards, subject to a limit. While this would be welcome, the EPFO also finds itself being held responsible for a pension crisis that has put about 1.75 million retirees in dire straits, pushing many to despair.

Subscribe to enjoy similar stories. Today Bangladesh is celebrating the 53rd anniversary of its liberation—a day I still remember vividly. I was then a student at the government inter-college, Prayagraj (then Allahabad).

Subscribe to enjoy similar stories. Vani Kola-led Kalaari Capital has returned more than $100 million in exits in the current calendar year. This comes at a time when the backer of unicorn companies like Elastic Run, Dream11 and Upstox, among others, has pumped in around $25 million in more than 10 companies this calendar year, Kola said in an interview with Mint.

Jeff Bezos' suggestion in a recent NYT interview that the world's richest be listed not by the fortunes they have amassed, but by the wealth they have created for others is an interesting take on the debate over rising inequality. It's also a new, legitimate take on what it means to be wealthy. In the process of making a couple of hundred billion dollars for Bezos, Amazon has made its investors richer by over $2 tn, perhaps a truer indication of wealth-creation.

Subscribe to enjoy similar stories. Video-streaming platforms that are building hybrid models - a combination of subscription offerings and advertising-backed content - are seeing their free content make up a substantial chunk of viewership, anything between 50 and 90%, according to media industry experts.

Subscribe to enjoy similar stories. ITC Ltd will continue to scale its existing food brands and look for opportunities in the premium segment, as multitudes in India's relatively poorer parts, such as Bihar, Uttar Pradesh, and Rajasthan, are entering the consuming class, potentially boosting demand for branded food products, a senior company official said. The Kolkata-based fast-moving consumer goods (FMCG) company, which operates in categories such as staples, snacks, health foods, dairy and beverages, is also open to acquisitions to bolster its brand portfolio and drive growth, hinting at a couple of deals shortly.

Mum vs MP, Syed Mushtaq Ali Trophy final Live Updates: Shreyas Iyer has won the toss for Mumbai and opted to bowl against Madhya PradeshMumbai vs Madhya Pradesh, Syed Mushtaq Ali Trophy final, Syed Mushtaq Ali Trophy final Live, Syed Mushtaq Ali Trophy, Shreyas Iyer, M Chinnaswamy Stadium, Ajinkya Rahane, Rajat PatidarKeeping an eye on the second title of the Syed Mushtaq Ali Trophy, Shreyas Iyer-led Mumbai is clashing with Madhya Pradesh for a nail-biting clash with Rajat Patidar-led Madhya Pradesh in the finals on Sunday at the M Chinnaswamy Stadium.Shreyas Iyer has won the toss for Mumbai and opted to bowl against Madhya Pradesh.The final is being played as 38 teams clash for the title in 134 matches, spread across 12 sporting venues in a span of 21 days.Mumbai's star batter Ajinkya Rahane, in his last three matches, has scored 98 (off 56 balls), 84 (off 45 balls) and 93 (off 53 deliveries. He also helped Shreyas Iyer, Shivam Dube and others in in scoring runs for the team.On the other side, Madhya Pradesh's Rajat Patidar has caught the attention too.

Chanchalguda Central Prison in Telangana on Friday following a stampede incident during the premiere of his latest film, Pushpa 2. For dinner, he had a simple meal consisting of rice and vegetable curry, with no special requests made to prison authorities, according to a senior official from the Telangana prisons department. The official added that Arjun was housed in a separate section of the prison along with other accused individuals involved in the case. As per court directives, he was treated as a special-class prisoner, which entitled him to a cot, table, and chair for added comfort. “He appeared calm and did not seem distressed. Dinner is typically served at 5:30 PM, but food is provided for late arrivals as well. The actor had rice and curry and was treated in accordance with the court’s special class prisoner order,” the official told PTI.

India vs Pakistan women's U19 T20 Asia Cup LIVE Score: The India U-19 women's team will be facing Pakistan U-19 women's team for the first time when they face off in the T20 Asia Cup in Kuala Lumpur on Sunday. This is the first time an U-19 women's Asia Cup is being played. A total of six teams are taking part in the competition.

Subscribe to enjoy similar stories. For those looking to celebrate the holiday season with family or by themselves away from home, why not try some luxury properties that are slightly off the beaten track while still offering every luxury? Bonus: You will find unique ways to experience and embrace local culture and cuisine without the background noise of too many tourists. Here are some luxury properties, including former palaces, where you can indulge yourself and your loved ones.

Subscribe to enjoy similar stories. Leisure travellers are usually in two kinds of mood when planning a trip to Europe—one is sticking to tried and tested classics and the other is the compulsive desire to go off the beaten path, wind down the road less travelled. Well, we are on the verge of striding into 2025 in a world under the influence of reels and videos on TikTok and Instagram, so the “road less travelled", in a true sense of the phrase, doesn’t really exist anymore.