Despite a relatively sluggish performance in the equity markets, open-ended equity mutual funds witnessed a significant inflow of ₹38,239.16 crore in August, indicating a positive sentiment among investors. This surge in investments underscores the growing confidence in the mutual fund industry.
SpaceX’s Starlink factory in Bastrop, Texas has hit a significant milestone, producing 1 million standard hardware kits in just 10 months since its opening. This achievement reflects the surging demand for Starlink’s high-speed satellite internet service worldwide.
Palantir and Dell Technologies are set to join the S&P 500 index, potentially boosting their stock prices. Interestingly, both company leaders, Peter Thiel and Michael Dell, have shown recent affinity towards Bitcoin, raising speculation about their future involvement with the cryptocurrency.
Former Hollywood producer Harvey Weinstein has been hospitalized for emergency heart surgery after experiencing severe chest pains. This latest health scare comes amid ongoing legal battles, including a planned retrial for sexual assault and rape charges.
Apple’s latest AirPods Pro 2 are taking a significant step towards improving hearing health with new features like active Hearing Protection, a scientifically validated Hearing Test, and a clinical-grade Hearing Aid. This comprehensive approach aims to prevent hearing loss, raise awareness, and provide accessible assistance to millions worldwide.
Advantage Futures, a high-volume futures commission merchant, has successfully migrated to ION’s XTP platform for cleared derivatives trade processing, gaining real-time visibility and automation for enhanced efficiency and client experience.
Norse Atlantic Airways is expanding its use of Swiipr’s digital passenger compensation payment system across its US hubs, including Las Vegas, to ensure smooth and responsive customer experiences during flight disruptions. This strategic partnership aligns with Norse’s commitment to integrating cutting-edge technology and meeting evolving regulatory standards in the US travel industry.
An Indian nurse, Kirankumar Rathod, who was unfairly dismissed by a British care company, Clinica Private Healthcare Ltd., has won a significant payout, highlighting concerns about exploitation of migrant workers in the UK’s care sector. The ruling could encourage other overseas workers to pursue claims against unethical employers.
Klook, a leading travel and experience platform, has chosen The Secret Little Agency as its creative partner to elevate its global brand presence. The partnership aims to enhance Klook’s brand identity and engage consumers worldwide through fresh and dynamic approaches.
Nearly 900 Chinese auto suppliers and several EV manufacturers are exhibiting at the Automechanika trade fair in Frankfurt, marking a significant expansion of their presence in the global market. This move comes amidst rising trade barriers in Europe and North America aimed at limiting the influx of Chinese EVs. The Chinese auto industry is aggressively investing in overseas expansion, seeking to establish local production facilities and circumvent import tariffs.
