Private Equity Firms Hesitant to Sponsor Mutual Funds

Even though SEBI opened the door for private equity firms to back mutual funds over a year ago, they're still not biting. The shaky market and tough regulations are making PE firms play it safe, leaning more toward buying existing companies instead of starting new funds.

By Avi G

No Hard Evidence? India’s Strong Response to Trudeau’s Allegations

India has fired back at Canadian Prime Minister Justin Trudeau after he admitted he doesn't have solid evidence in the Hardeep Singh Nijjar case. Indian officials made it clear that they’re not buying the allegations against their diplomats and are demanding credible proof from Canada.

By Avi G

Rs 25 Lakh Contract To Kill Salman Khan: Cops

A member of the Lawrence Bishnoi gang allegedly offered a Rs 25 lakh contract to kill Bollywood star Salman Khan. Arrested in Panipat, Sukha was in contact with a handler in Pakistan and reportedly planned the assassination using young recruits and weapons from abroad.

By Avi G

Chennai Rain: CM MK Stalin Promised for Permanent Solutions

Chennai's been hit hard by heavy rains, but Chief Minister MK Stalin is here to ease the worries. He’s promised a lasting fix for the city's ongoing waterlogging troubles. While some storm drainage work still needs to be done, he gave a shout-out to the teams managing the current mess and helping those in need.

By Avi G

RIL Sets Record Date for 1:1 Bonus Shares

Reliance Industries Limited (RIL) has set October 28, 2024, as the record date for a 1:1 bonus share issue, approved by an overwhelming majority of shareholders. This move highlights RIL's commitment to enhancing shareholder value and reflects its financial strength, promising increased liquidity and future growth potential.

By Avi G

Tea Prices Remain High in October Amid Low Production

Tea prices are up around 36% this October, all thanks to a big drop in production. This slump has pushed auction prices higher across India, with North India seeing a 32.53% jump and South India a whopping 54.78% increase.

By Avi G

FarmERP Launches AI-Powered Solutions for Middle Eastern Agribusiness

FarmERP is launching its digital ERP solutions in the Middle East with the new FarmGyan platform. This tech isn’t just for show, it’s powered by AI and machine learning and aims to solve the region's farming issues, like boosting crop health and tackling climate challenges. You can catch them showcasing these innovations at the 41st Saudi Agriculture Exhibition.

By Avi G

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