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<strong>Edelweiss Mutual Fund launches Focused Equity Fund</strong>-thumnail

Edelweiss Mutual Fund launches Focused Equity Fund

NEW DELHI: Edelweiss Asset Management Ltd. on Tuesday announced the launch of the Edelweiss Focused Equity Fund, a new fund offering (NFO) that will invest in 25–30 stocks across three

Finance

Jul 12, 2022

RBI formulates a mechanism to settle international trade settlements in rupees-thumnail

RBI formulates a mechanism to settle international trade settlements in rupees

The RBI mechanism is expected to facilitate importers and exporters to avoid rules that prevent the use of a global currency such as the US dollar for trade with certain

Finance

Jul 12, 2022

New Demat account opening stands at 1.79 million, lowest since February 2021-thumnail

New Demat account opening stands at 1.79 million, lowest since February 2021

Description-: In June, the Nifty Midcap 100 and the Nifty Smallcap 100 were down 25 percent and 35 percent, respectively, from their record highs. These indices have seen recovery since

Finance

Jul 12, 2022

After Elon Musk pulls out of the 44 billion takeover deal, Twitter shares decline-thumnail

After Elon Musk pulls out of the 44 billion takeover deal, Twitter shares decline

In a letter to the social media juggernaut last week, Elon Musk revealed the cancellation of a USD 44 billion plan to purchase Twitter. Twitter shares experienced a dramatic decrease

Industry

Jul 12, 2022

MD SpiceJet Ajay Singh is detained on suspicion of fraud.-thumnail

MD SpiceJet Ajay Singh is detained on suspicion of fraud.

Ajay Singh allegedly gave Amit Arora a phoney depository instruction paper (DIS) for shares worth Rs. 10 lakh in exchange for services rendered, according to Amit Arora’s complaint. According to

Industry

Jul 12, 2022

Against the US dollar, the rupee drops to a lifetime low of 79.58.-thumnail

Against the US dollar, the rupee drops to a lifetime low of 79.58.

The Indian rupee depreciated against the US dollar by 13 paisas on Tuesday’s interbank foreign exchange market, opening at 79.58. In early trade on Tuesday, the rupee hit a record

Finance

Jul 12, 2022

The NEET 2022 admit card will be released today. Check out these other details, like the dress code, here-thumnail

The NEET 2022 admit card will be released today. Check out these other details, like the dress code, here

Admit cards for NEET-UG 2022 are anticipated to be made available today, July 12. The release of the NEET-UG 2022 admit cards is scheduled for 11:30 am, according to the

Education

Jul 12, 2022

<strong>Paytm’s loan disbursement business touches annualised runrate of  Rs. 24000 crore</strong>-thumnail

Paytm’s loan disbursement business touches annualised runrate of  Rs. 24000 crore

The company also reached its highest number of monthly transacting users (MTU) 76 million on its super app during the month of June. Paytm has said that the platform’s lending

Industry

Jul 11, 2022

Agritech startup Vegrow raises $25 million in Series B funding-thumnail

Agritech startup Vegrow raises $25 million in Series B funding

Vegrow offers a B2B tech platform for fruits and connects wholesalers and traders with farmers. The company claims to be currently present in 100 cities and said that it has

Industry

Jul 11, 2022

Rishi Arora has been promoted to co-founder of Blinkit-thumnail

Rishi Arora has been promoted to co-founder of Blinkit

According to a person familiar with the situation, quick commerce startup Blinkit, which is being acquired by food delivery company Zomato, promoted long-time executive Rishi Arora to cofounder level two

Industry

Jul 11, 2022

Gambling hub Macau shuts down all its casinos amidst omicron-variant spread-thumnail

Gambling hub Macau shuts down all its casinos amidst omicron-variant spread

Casinos were last closed in Macau in February 2020 for 15 days in an unprecedented move to fight the virus. Macau shut all its casinos for the first time in

Entertainment

Jul 11, 2022

Adani Group likely to spend around Rs 2.800 crore on spectrum purchase-thumnail

Adani Group likely to spend around Rs 2.800 crore on spectrum purchase

Industry analysts said that since Adani Group has stated that it would use the spectrum for private network solutions and not for providing voice and data telecom services, it is

Industry

Jul 11, 2022


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