In a dramatic turn of events, FC Barcelona and Atletico Madrid find themselves tied for the top spot in the La Liga title race. With only one point separating them, every match counts, making their upcoming clash a must-win for both teams. Barcelona will be missing key player Lamine Yamal due to injury, while Atletico Madrid's Angel Correa's fitness is in doubt. Both teams will need to bring their A-game in order to secure the top spot in the league.
The Securities and Exchange Board of India (Sebi) has approved 'light-touch' rules for passive mutual funds, which will make it easier for funds to be launched and traded on stock exchanges. This move will give mutual fund firms more flexibility and boost competition in the industry. Sebi has also proposed raising the investment limit for angel funds to Rs 50 crore and introduced new rules for insider trading in mutual funds, which will be effective from Nov 1, 2024. In addition, the ED has seized foreign assets belonging to Axis Mutual Fund in a front running case, while Sebi has also introduced new valuation regulations for mutual funds.
Angel One Ltd, a company founded in 1996, has established itself as a key player in the Indian finance and investments sector. With its registered office in Mumbai and key figures such as Dinesh D Thakkar and Naheed Rehan Patel at the helm, the company has gained notable success and recognition. Sources reveal that Angel One Ltd has been actively sourcing data from trusted partners and providing valuable tools and analysis for its users, while also making sure to maintain transparency and caution for its clients.
Alkem Laboratories Ltd., a leading pharmaceutical company, has experienced a significant increase in its stock price in the last 15 days. This rise in their stock can be attributed to their recent developments and advancements in the industry, making them a top choice for investors. With this promising growth, Alkem Laboratories Ltd. is set to further establish itself as a major player in the pharmaceutical market.
The Securities and Exchange Board of India's recent rule mandating uniform charges for market infrastructure institutions may affect the revenue streams of brokerage firms, potentially forcing them to reconsider their zero-brokerage structure or increase fees for F&O trades. Reacting to the circular which was released after the market close on Monday, shares of broking firms such as Angel One, Geojit Financial Services, Emkay Global, Motilal Oswal Financial Services, and IIFL Securities saw significant declines on Tuesday. With exchanges charging transaction fees based on brokers' overall turnover and the difference between this fee and what brokers charge customers being a rebate, the new rules could lead to changes in the pricing structure of brokerage firms.
Lionel Messi was named captain as Argentina announced its final squad for Copa America 2024, under head coach Lionel Scaloni, on Saturday. The team’s talismanic forward will be looking to lead his side to glory and cement his status as one of the all-time greats of international football. His equaling of Ali Daei’s record is a testament to his incredible consistency and longevity at the top level. With the likes of Sergio Aguero and Angel Di Maria in his team, Messi will have a formidable supporting cast as he looks to finally lift a major trophy with the Argentine national team.
Angel One Limited, a Fintech company, saw an 8% increase in their share prices following the release of their Q4 numbers, which showed a 27% increase in profit after tax and a 64.3% increase in revenue year-on-year. The company also recently completed a capital raise of Rs 1,500 crore for future growth. With a 61.5% increase in their client base and a 79.4% increase in orders, Angel One is poised for continued success in the market.
Former Arsenal player Ian Wright expresses regret over Arsenal not signing young star Cole Palmer from Manchester City. The 21-year-old has been one of the standout signings of the season, scoring 10 Premier League goals for Chelsea. Wright compares Palmer to Riyad Mahrez but says he has even more potential. Meanwhile, Chelsea boss Mauricio Pochettino praises Palmer's performances, likening him to former Real Madrid and PSG star Angel Di Maria.