EXIT
ET Startup Awards 2024 | Midas Touch: Golden exits net Arora Midas crown
After lengthy discussions, the jury whittled it down to Nexus Venture Partners managing director Suvir Sujan and Elevation Capital co-managing partner Mukul Arora.
FADA seeks legislative safeguards to prevent OEMs exiting abruptly
The Federation of Automobile Dealers Associations (FADA) has called for legislative measures to prevent abrupt exits by automotive companies, which have led to job losses. FADA also seeks government support for the full implementation of the Central Motor Vehicles Rules and reclassification of auto dealer workshops to environmentally sustainable zones.
Quantum Mutual Fund files draft document with Sebi for an ethical fund
There is no exit load on 10% of units redeemed or switched within one year of purchase. The remaining 90% of units will incur a 1% exit load if redeemed or switched within the first year. No exit load will apply to any units redeemed or switched after one year.
Byju's auditor BDO resigns a year after Deloitte’s exit: a timeline of events
Troubled edtech company Byju's said in a statement that its auditing firm, MSKA Associates, an affiliate of BDO International, resigned because Byju's refused to backdate its financial reports. The auditing firm informed the company's board of its resignation as the statutory auditor, although it had been appointed for a five-year term set to end in FY27.
MSKA quits as Byju's auditor, a year after Deloitte exit
Audit firm MSKA & Associates has resigned as Byju's statutory auditor, citing uncooperative management and suspicious transactions involving a Dubai-based reseller. This resignation affects the audit for FY23 accounts and follows Deloitte Haskins & Sells' exit in 2023. The firm reported difficulties in obtaining necessary information and raised concerns over Byju's financial stability.
Ayushmann Khurrana exits investment in The Man Company with 400% return
Bollywood actor Ayushmann Khurrana has achieved a 400% return on his investment in The Man Company, a men's grooming brand acquired by Emami for Rs 400 crore. Khurrana's role as brand ambassador significantly contributed to the company's growth, highlighting his influence beyond acting.
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National Exit Test for Ayush to be effective for students of 2021-2022 batch: Prataprao Jadhav
Union Minister Prataprao Jadhav announced that the National Exit Test (NExT) for Ayush students will be effective from the 2021-22 academic session. The test is mandatory for licensing and registration after a one-year internship. A nationwide campaign to promote health through natural practices was also introduced.
Not the time to exit the market, but investors need to play safe: Sandeep Tandon
In overall portfolio we have cut down, we have pruned down capital good significantly, because where we saw some amount of hype getting built and valuation was slightly stretched.
Why employees in Japan are paying thousands to companies to quit their jobs
In Japan, companies like Exit are assisting employees in resigning from their jobs for a fee of 20,000 yen. These services handle the resignation process, including notifying employers and arranging the return of company property. The trend is growing due to the difficulty many workers face when trying to quit their jobs.
EC enforces exit poll ban during J-K Assembly elections
The Election Commission has banned the release of exit polls during the Jammu and Kashmir Assembly elections-2024. This prohibition, under the Representation of the People Act, 1951, starts from September 18 and continues until October 5. Violators may face imprisonment or fines. The elections will be held in three phases on September 18, September 25, and October 1.
New exit, entry criteria for F&O stocks in force. 18 risk exclusion, Zomato, Jio Fin inclusion aspirants
Due to new criteria, 18 stocks, including Abbott India and Metropolis Health, may be removed from the F&O segment, while 79 stocks are potential entrants. Final decisions rest with SEBI, with a review expected in December 2024.
US Open: Bhambri and Bopanna win with respective partners, Balaji exits
Yuki Bhambri and Albano Olivetti move to the US Open men's doubles third round after a tough win over Austin Krajicek and Jean-Julien Roger. Rohan Bopanna and Matthew Ebden also advanced, while N Sriram Balaji and Guido Andreozzi were eliminated. Balaji remains optimistic about improving his game and ranking.
Novak Djokovic admits to 'worst tennis ever' in shock US Open exit
Defending champion Novak Djokovic faced his earliest exit at the US Open in 18 years, losing to Alexei Popyrin in the third round. Djokovic admitted to playing some of his worst tennis ever and mentioned fatigue from his Olympic gold win. This defeat means Djokovic ends the season without a Grand Slam title for the first time since 2017.
Sebi revises criteria for entry, exit of stocks in F&O segment
"Given the need to ensure that only high quality stocks with sufficient market depth are allowed to trade in derivatives segment and considering the growth witnessed in market parameters since the last review conducted in 2018, the eligibility criteria for entry and exit of stocks in derivatives segment has been revised," Sebi said in a circular on Friday.
Yellowstone Season 5 Part 2: Here's a new teaser and what it reveals. See release date and episode count
"Yellowstone" Season 5 Part 2 teaser reveals tense moments involving Rip and Beth, and an FBI raid. The second part will premiere on November 10, 2024.
Sebi revises criteria for stocks' entry and exit in derivatives segment
Under the new rules, the regulator has raised the median quarter sigma order size (MQSOS) over the previous six months on a rolling basis by three times to Rs 75 lakh from the existing Rs 25 lakh, citing that the average market turnover is now over 3.5 times the figure during the last review.
JD Vance drills Kamala Harris over US' Afghanistan exit, says she refused to do her job as VP
Senator JD Vance sharply rebuked Vice President Kamala Harris for criticizing Donald Trump’s visit to Arlington National Cemetery, stating Harris can "go to hell" if she wanted to criticize the former US President. Vance instead accused Harris of mishandling the Afghanistan withdrawal, leading to 13 American soldier deaths, and condemned her lack of investigation into the incident.
Are Blake Lively and Ryan Reynolds making a Hollywood exit amid ‘It Ends With Us’ controversies?
Following the box office success of It Ends With Us, Blake Lively has become the center of public attention, not only for her acting but also due to the controversies surrounding her role in the romantic drama.
TCS North America chairman Suresh Muthuswami quits
Suresh Muthuswami decided to resign to pursue opportunities outside, said a person close to the development without disclosing his next endeavour.
Semiconductor veteran Lip-Bu Tan exits Intel's board
The news of Tan's departure comes at a challenging time for Intel, which recently forecast third-quarter revenue below market estimates and announced plans to cut more than 15% of its workforce, approximately 17,500 employees, and suspend its dividend starting in the fourth quarter.
NFO Watch: Axis Mutual Fund launches Axis Consumption Fund
Axis Mutual Fund has launched the Axis Consumption Fund, an open-ended equity scheme focusing on long-term capital appreciation. It targets diversified investments in India's consumption sectors, including FMCG, auto, telecom, healthcare, and realty, through an actively managed portfolio.
Kolkata Doctor Rape and Murder Case: Health Ministry orders enhanced security at Central Govt hospitals
Kolkata Doctor Case: In response to the recent rape and murder of a trainee doctor at RG Kar Medical College in Kolkata, the Ministry of Health and Family Welfare called for increased security protocols in central government hospitals. Measures include installing CCTV cameras, enhancing security personnel, and training staff to identify and respond to security threats.
NASA tracks mysterious object exiting the Milky Way
Amateur astronomers part of NASA’s Backyard Worlds: Planet 9 project identified CWISE J1249, a fast-moving object exiting the Milky Way, using data from the WISE mission. This finding highlights the crucial role of public participation in science and the importance of infrared astronomy in detecting distant and faint celestial objects.
Wipro CTO quits: a look at other exits from the ‘Delaporte camp’
Wipro has seen major restructuring under new CEO Srini Pallia, who wants to use internal talent to strengthen the organisation. This comes after former CEO Delaporte hired a lot of foreign citizens and expats at high salaries. Many from this camp are now leaving.
Independence Day 2024: 15th August Delhi Metro timings, frequency, entry details and more
Independence Day 2024 Delhi Metro Timings: On Independence Day, the Delhi Metro will start operations at 4 am to help people attend the ceremony. Trains will run every 15 minutes until 6 am, then follow the usual schedule. Attendees with valid Ministry of Defence invitations and IDs could enter select stations for the event and return from there.
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