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FUND MANAGEMENT SYSTEM
Sebi proposes common advertising code for brokers, mutual funds, may allow celebrity endorsementsSebi has proposed a common advertising code for brokers, mutual funds, investment advisers and other regulated entities, aiming to simplify...
Is Sakana Fugu really better than Anthropic's Fable 5 and Mythos preview?Japanese artificial intelligence (AI) startup Sakana AI has launched its multiagent orchestration system Sakana Fugu, claiming it outperfor...
Govt revises penalties under FCRA involving receipt of foreign contributions by NGOsNew penalties are now in place for NGOs misusing foreign funds. The Home Ministry has revised compounding penalties for various FCRA violat...
No IIT, IIM. At just 20, she bagged a Rs 72 LPA job offer from bigshot companyA Karnataka tech graduate, Rithuparna KS, defied expectations by securing a remarkable Rs 72 LPA job at Rolls Royce, despite not graduating...
Sebi plans simpler rulebook for stock exchanges, doing away with obsolete provisionsSebi is simplifying stock exchange rules to boost business ease. The regulator plans to consolidate multiple circulars into a single master...
Uber board sued over alleged 'serial' compliance failures, sexual abuse lawsuitsIn a complaint filed in San Francisco federal court, shareholders led by a Detroit pension fund said board members ignored repeated inter...
AI startup Baseten hits $13 billion valuation as Australia's Blackbird makes record betThe round was led by U.S.-based investors Sands Capital and Wellington Management, Baseten said late on Monday. Top Australian venture ca...
Sebi plans simpler rulebook for stock exchanges, doing away with obsolete provisionsSecurities and Exchange Board of India (Sebi) is proposing a significant overhaul of stock exchange and clearing corporation regulations to...
Filing pension complaints gets easier as PFRDA rolls out AI-enabled Pension Sahayak: Key features explainedPFRDA has launched Pension Sahayak, an AI-powered platform simplifying pension grievance redressal. This upgrade from the old CGMS offers w...
Annuity flexibility, tax tweaks can accelerate NPS growth: Axis Pension Fund CEO Sumit ShuklaA senior executive believes greater flexibility in retirement withdrawals and restored tax incentives could significantly boost the Nationa...
The smartphone is becoming India’s most important financial advisorIndia's financial landscape is rapidly digitizing, with smartphones becoming central to everyday money management. Once separate, banking a...
IIT Roorkee, IvyCap Ventures and NuQuant announce Rs 1,000 crore Super Endowment initiative to strengthen India’ s research, innovation and DeepTech ecosystemIIT Roorkee, in partnership with IvyCap Ventures and NuQuant, has launched a Rs 1,000 crore Super Endowment Fund to fuel India's deep-tech ...
PSBs told to tighten scrutiny of government accounts amid fraud concernsIn response to a staggering ₹590 crore fraud uncovered in Haryana government accounts, the finance ministry has mandated that public sector...
SBI's improving performance warrants better valuation, chairman Setty says: ReportState Bank of India's chairman believes the bank is undervalued, citing improvements in financial strength, customer base, and earnings. He...
Mizoram CM Lalduhoma highlights role of externally aided projects in Northeast development at Shillong seminarMizoram Chief Minister Lalduhoma said externally aided projects not only provide financial assistance but also bring valuable technical exp...
Banking liquidity falls to fiscal-year low, pushes up money market ratesMoney market rates have risen as banking system liquidity dropped to its lowest this fiscal year. Advanced tax outflows caused this liquidi...
Texas Rice University students raise $1.85 million to build drone network for life-saving medical deliveries. Here's how it worksSeven Rice University engineering students have launched Haast Autonomous, a startup poised to revolutionize medical logistics. Securing $1...
Bid management firm ContraVault AI raises $3.1 million from Chiratae, Titan; eyes US expansionBid management firm ContraVault AI has secured $3.1 million in a funding round led by Chiratae Ventures. The startup will use the capital t...
Quant Mid Cap Fund adds Adani Energy and 4 others, exits Paytm and 3 more stocks in MayQuant Mid Cap Fund, managed by Sandeep Tandon, has strategically adjusted its portfolio in May. The fund added Adani Energy and four other ...
SolarSquare raises $53 million in India’s largest residential solar funding roundSolarSquare has secured $53 million in a significant funding round. This investment fuels expansion into new cities and strengthens technol...