Explained: Sebi's multicap directive — why are mutual funds unhappy?

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Explained: Sebi's multicap directive — why are mutual funds unhappy?

The latest directive by the Securities and Exchange Board of India (Sebi) slapping limits on stock market investments of multi-cap schemes of mutual funds seems to have upset the plans of mutual funds as they will have to churn around Rs 40,000 crore worth …
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Sotheby's is set to auction off one of the rarest diamonds in the world this fall

Per Sotheby’s, it will be the second-largest oval diamond ever to be auctioned. It is completely flawless, both internally and externally, and is one of the most chemically pure diamonds in the world. It’s a Type IIa diamond, a category in which only 2% of all gem …
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Need a job? UPS, FedEx hiring nearly 200000 holiday workers.

STATEN ISLAND, N.Y. — Looking for work this holiday season? Well, there should be plenty of packages that need to be delivered. With the ongoing coronavirus (COVID-19) pandemic expected to keep some holiday shoppers from crowded malls and …
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GM Employees Are Sending Weird Identical Tweets About the Hummer EV's Crab Mode

The revived Hummer EV still hasn’t debuted in its entirety, but General Motors has already let out a few key details. It’ll supposedly make 1,000 horsepower, have an Ultium battery and pack an oddly named feature called Crab Mode, amongst other hyperbolic …
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McDonald's-Travis Scott partnership grows with new TV ad, merchandise sales

McDonald’s Corp. is growing its new relationship with Texas rapper Travis Scott. Earlier this week, the Chicago burger giant (NYSE: MCD) began selling a $6 “Cactus Jack” meal. Cactus Jack is also the rapper’s nickname and record label. The meal includes …
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