BT MPW 2023: 'Sebi looking at viability of smaller SIPs for greater financial inclusion,' says Madhabi Puri Buch
Sebi chairperson Madhabi Puri Buch has said that the regulator is discussing with mutual fund houses and evaluating ways to make SIPs of just Rs 250 a month viable
Buch believes that lowering the SIP amount could lead to a similar jump that was witnessed when FMCG companies introduced shampoo sachets
November saw record flows through SIPs with Rs 17,073 crore pouring in
BT MPW 2023: Nandini Piramal says Indian regulators don't have same quality standards as USFDA
Nandini Piramal highlighted disparities in Indian pharmaceutical quality standards, especially compared to global counterparts like the US FDA.
Stressing ethical responsibility, Piramal emphasized the direct impact on patients and the need for high-quality standards, citing recent inspections revealing gaps.
Piramal declared a current-year turnaround with revenue growth and improved EBITDA, expressing optimism for the pharmaceutical industry while addressing gender disparity and advocating transparent processes.
'Need to find ways to survive in my industry': At BT MPW 2023, filmmaker Zoya Akhtar speaks on creativity through female lens
At a session titled "Creativity Through The Female Lens", Akhtar explained that "Luck by Chance" didn't fit the typical Bollywood formula back then
The idea of accepting a unique film like "Luck by Chance" was less likely to resonate with a mainstream audience accustomed to conventional storytelling, she added
Akhtar mentioned that she initially secured support from a few actors before finding backing for her film
Can Blinkit become bigger than parent Zomato? Here's what Zomato CFO Akshant Goyal believes is possible
Blinkit has the potential to become larger than Zomato's food delivery business in the next 3-5 years, Akshant Goyal, Chief Financial Officer of Zomato said
While still a relatively new business, Blinkit is experiencing rapid growth with its top line doubling year-on-year, he said.
Zomato has achieved profitability at a consolidated level, reporting profits in both June and September quarters of 2023.
Steve Job’s written $4 cheque from 1976 sold for 30 lakhs in an auction; check details
The cheque, that has Jobs’ signature on it, was issued to electronics retailer Radio Shack
Jobs’ signature on a job application for employment as an “electronics tech or design engineer”, back from 1973 was sold for $174,757 (approx Rs 1.5 crore)
Back in November 2022, a man even paid $200,000 (approx Rs 1.64 crore) to buy a pair of old Birkenstock sandals owned and worn by the Apple co-founder Steve Jobs
'Have at least one destination wedding in Uttarakhand', appeals PM Modi at summit
Prime Minister Narendra Modi asks couples to consider having at least one destination wedding in Uttarakhand.
This comes after the Prime Minister recently questioned the trend of "big families" organising weddings overseas
PM Modi, during his 107th 'Mann ki Baat' address, expressed concern over the popularity of overseas destination weddings among India's affluent families.
Bajaj Finance and start-up Fixed Invest tie-up for digital FDs
Fintech start-up Fixed Invest, which launched its fixed deposit (FD) marketplace recently, has partnered with Bajaj Finance to offer its customers and partners digital FDs.
Fixed Invest aims to process over Rs 100 crore worth of Bajaj Finance FDs on its platform in one year
The banking tech start-up was launched in 2023 with a vision to build a digital marketplace of banks and NBFCs
Google Gemini’s viral video showcasing AI powers was not done in real-time or using voice commands
Contrary to how the interaction looked in the video, the demonstration was not a smooth voice conversation with Gemini responding in real-time to its surroundings
The video was made by using still image frames from the footage and prompting Gemini via text
The AI in the demo was reading human-made prompts that were given to Gemini, and it was shown still images
Jon Rahm formally joins the LIV Golf ranks, will head new team
Jon Ram formally comes on board LIV Golf League roster for a reported $565 million and as head of his own team that will join the existing 12 from the 2024 season.
Move set to affect course of negotiations between PGA Tour and Saudi investment fund PIF that finances LIV Golf League.
LIV Golf commissioner and CEO Greg Norman says world number three from Spain is a generational talent and a proven winner.