This IPO fund puts 80% of its corpus in recently listed companies. Should you invest in it?

This IPO fund puts 80% of its corpus in recently listed companies. Should you invest in it?

Imagine someone offers you VIP tickets to a concert for which others are struggling to gain entry (Coldplay, anyone?) That’s what the Edelweiss Recently Listed IPO Fund, India’s only IPO-focused fund, promises to do for retail investors who find it hard to get allotments in initial public offerings. It isn’t easy for the common investor … Read more

Bengaluru brings AI-driven traffic control system to alleviate congestion: Details

Bengaluru brings AI-driven traffic control system to alleviate congestion: Details

In a bid to tackle the growing traffic congestion in Bengaluru, the Bengaluru Traffic Police (BTP) has unveiled the Bengaluru Adaptive Traffic Control System (BATCS), an innovative technology aimed at enhancing traffic management across the city. The project, which commenced in May 2024, involves upgrading 136 existing traffic junctions and adding 29 new ones, bringing … Read more

IREDA Q2 Results 2024 Live Updates: Multibagger PSU stock to declare September quarter earnings today

IREDA Q2 Results 2024 Live Updates: Multibagger PSU stock to declare September quarter earnings today

IREDA Q2 Results 2024 Live Updates: Indian Renewable Energy Development Agency Ltd (IREDA), the renewable sector financier, will announce its July-September quarter results for fiscal 2024-25 (Q2FY25) on Thursday, October 10. IREDA reported a net profit increase of over 30% on July 12, 2024, reaching ₹383.69 crore for the (Q1FY25) June quarter, mainly because of … Read more

Citi Prestige transition to Axis Olympus: A 4-5.8% reward rate makes it worthy

Citi Prestige transition to Axis Olympus: A 4-5.8% reward rate makes it worthy

Though the transition is complete, Axis Bank has chosen to keep Olympus exclusive to only Citi customers for now. An Axis Bank relationship manager, who did not wish to be named, told Mint that the bank would open the card to its Burgundy members soon but couldn’t give a timeline. Axis has kept the annual … Read more

Google introduces new image editing feature, enhancing customisation for Gemini AI: How it works

Google introduces new image editing feature, enhancing customisation for Gemini AI: How it works

In a significant update to its Gemini AI image generator, American tech giant Google has introduced an innovative editing tool that allows users to fine-tune specific parts of generated images. This feature, now included in the latest Android 15 Beta version, aims to provide a more customisable approach to image generation by enabling users to … Read more

Wall Street Today: S&P 500 hits fresh record high ahead of US Fed Minutes, Alphabet limits gains on DoJ action

Wall Street Today: S&P 500 hits fresh record high ahead of US Fed Minutes, Alphabet limits gains on DoJ action

The main stock indexes turned higher in a choppy trading session on Wednesday as investors awaited the minutes of the Federal Reserve’s latest meeting, while Alphabet shares lost ground after the U.S. said it was considering breaking up Google. Shares of Alphabet fell 1.8%, limiting broader gains, after the U.S. Department of Justice said it … Read more

FD interest rates: These 6 banks offer highest returns on fixed deposits; check details

FD interest rates: These 6 banks offer highest returns on fixed deposits; check details

If you are planning to open a fixed deposit (FD) account, it is advisable to first compare the interest rates offered by different banks. Although depositors tend to opt for the bank with which they share a long-term relationship, they can still choose a bank that gives them a higher rate of interest on fixed … Read more

GPT, Claude, Llama? How to tell which AI model is best

GPT, Claude, Llama? How to tell which AI model is best

When Meta, the parent company of Facebook, announced its latest open-source large language model (LLM) on July 23rd, it claimed that the most powerful version of Llama 3.1 had “state-of-the-art capabilities that rival the best closed-source models” such as GPT-4o and Claude 3.5 Sonnet. Meta’s announcement included a table, showing the scores achieved by these … Read more

Penny stock below ₹5 hits the upper circuit. Evexia Lifecare share price jumps 120% YTD

Penny stock below ₹5 hits the upper circuit. Evexia Lifecare share price jumps 120% YTD

Stock Market Today: Penny stock below ₹5, Evexia Lifecare share price hit an upper circuit with 5% intraday gains on Wednesday. The stock is up 120% year to date Evexia Lifecare share price opened at ₹4.09 on the BSE on Wednesday, more than 2% higher than the previous close of ₹4. Evexia Lifecare share price … Read more

Personal loan: A beginner’s guide to get an instant loan

Personal loan: A beginner’s guide to get an instant loan

A personal loan is an unsecured loan given to meet immediate financial needs of people. Lately, it is quite common for banks to offer instant loans in this category. These instant loans are given to meet urgent financial assistance. There could be a number of reasons for which an instant personal loan is applied. This could … Read more