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BusinessCentrum Broking has started coverage on SBI Funds Management with a Buy rating and a target price of Rs 700, suggesting a potential 34% upside. The brokerage highlights SBI AMC's strong distribution network, significant B-30 market presence, expanding retail franchise, and growing non-mutual fund businesses as key drivers for asset under management and earnings growth over the next three years.
ET Markets·2h ago
TechnologyPresident Donald Trump hosted top AI executives from OpenAI, Google, Meta, and others at the White House to discuss industry oversight amid growing safety fears. The meeting followed OpenAI's cancellation of a new model release due to safety issues. Attendees included Mark Zuckerberg, Sundar Pichai, Greg Brockman, Dario Amodei, Elon Musk, and Jensen Huang. Lawmakers face pressure to regulate AI amid concerns over job displacement and societal impact.
NDTV World·2h ago
BusinessMohit Kushwaha from a farmer family in Asua village, Firozabad, fulfilled his dream of a government job through hard work. He cycled 7 kilometers daily to attend free coaching under the CM Abhyuday scheme. Mohit passed three competitive exams simultaneously and joined as a Health and Malaria Inspector in Agra Railways.
News18Hi Business·37m ago·Firozabad
BusinessIn Pennsylvania, Hazle Township residents refused a $10,000 payment per household offered by NorthPoint Development for an AI data center project. The proposal included a $45 million payout to about 4,500 households and a $120 million community investment, contingent on zoning approval. Despite the financial incentives, many locals opposed the plan.
Economic Times·1h ago·Hazle Township
PoliticsOn September 29, 2026, Union Defence Minister Rajnath Singh addressed the Indian Navy Commanders' Conference in New Delhi, calling for a major upgrade in India's maritime surveillance and response systems. He emphasized rising congestion, deception, and grey-zone activities at sea, highlighting India's growing strategic role and responsibilities in the Indian Ocean Region as a first responder and preferred security partner.
The Hindu·21m ago·New Delhi
PoliticsIsraeli Prime Minister Benjamin Netanyahu warned on October 24 that Israel’s enemies might try to attack ahead of the October 27 election. Speaking at Tel Nof Air Force Base, he cited "indications" of threats but did not specify the sources. Opposition leader Yair Lapid requested an emergency security briefing to assess the credibility of these threats and election safety measures. This election follows the deadly Hamas attack on October 7, 2023.
News18 World·18m ago·Tel Aviv
ET Markets·2h ago
Centrum Broking has started coverage on SBI Funds Management with a Buy rating and a target price of Rs 700, suggesting a potential 34% upside. The brokerage highlights SBI AMC's strong distribution network, significant B-30 market presence, expanding retail franchise, and growing non-mutual fund businesses as key drivers for asset under management and earnings growth over the next three years.
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