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Source: Live Mint Saudi Arabia’s wealth fund sold part of its stake in the kingdom’s main mobile-phone operator for about $1 billion, the latest step in its efforts to raise cash for the government’s economic transformation plan. The Public Investment Fund sold 100 million shares in Saudi Telecom Co., or a 2% stake, at 38.6…
Source: Live Mint Gopani has received financial backing from legendary investor Shivanand Mankekar and family, according to a person familiar with the matter who spoke on condition of anonymity. Gopani was formerly head of equity at Axis Mutual Fund but left in 2023. Axis Mutual Fund faced a front-running investigation in 2023 and saw a…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25606772/midea_1.jpg?w=600&resize=600,400&ssl=1 "Midea’s new kitchen appliances are the first to use Ki wireless power")
Source: The Verge Days after the Wireless Power Consortium (WPC) announced it had finalized its Ki wireless power transfer standard, Midea has debuted its first line of cordless kitchen appliances that wirelessly draw all the power they need using the Ki induction technology. Cooktops that use electromagnetic induction to heat pots and pans have been…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25012279/236834_Ray_Ban_Meta_Smart_Glasses_AKrales_0563.jpg?w=600&resize=600,400&ssl=1 "A new Ray-Ban Meta update adds reminders and voice messages")
Source: The Verge Meta is bringing reminders to its Ray-Ban smart glasses, a feature it previewed during its Connect event last month. With the update, you can ask Meta AI to remember your surroundings, like where you parked, and even time up reminders to make a phone call. The other features coming with the update…
Source: Live Mint RPower Shares in focus: Reliance Power on September 17 announced the settlement of a massive ₹3,872.04 crore debt associated with its former subsidiary, Vidarbha Industries Power Limited (VIPL), as per an exchange filing. Reliance Power share price closed in the green, up 1 per cent, at ₹31.41, on September 17, on BSE….
Source: Business Standard 1 min read Last Updated : Sep 26 2024 | 8:21 PM IST About 63 per cent of all investors on the Grip Invest platform are millennials, said Grip Invest in a report. Grip Invest is a digital investment platform for high-yield, non-market-linked investments for retail customers. According to the…
Source: Coin Tegraph Bitfinex analysts say Bitcoin could reach a new all-time high following the US election, with market conditions forming a “perfect storm” for a major price push. Read Full Article
Source: Live Mint The yellow metal has also experienced a sharp rise in its price this year, but silver outpaced it and this lowered the gold-to-silver price ratio. On a year-to-date basis, gold climbed about 32% while silver surged about 42%. In comparison, stock market returns have been relatively muted, more so when the current…
Source: Live Mint As the mutual fund industry in India grows, investors looking for a well-rounded approach across market segments are becoming more interested in multi-cap funds. The distinctive feature of multi-cap funds is their mandatory minimum 25% allocation to large, mid, and small-cap categories, providing opportunities for growth and diversification. What are multi-cap funds?…
Source: Live Mint The combined market capitalization of six of the top 10 most valuable companies surged by ₹1,97,734.77 crore last week, with ICICI Bank and HDFC Bank emerging as the top gainers, in line with positive trends in equities. The BSE benchmark rose by 1,653.37 points or 1.99 per cent over the week. On…
