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BusinessSebi's plan to revamp Portfolio Management Services (PMS) faces delays due to a talent crunch. There is rising demand for diversification beyond Indian markets, but building teams with expertise in investing across geographies, currencies, and regulatory regimes will take time. Currently, few Indian funds invest overseas, limiting immediate expansion.
Mint Markets·4h ago
BusinessCristiano Ronaldo has invested $7.5 million to acquire a 10% stake in a health-tech company. Previously known for his decade-long role as a global ambassador for Herbalife, promoting sports nutrition products, Ronaldo's involvement with the brand has now evolved into a financial investment in the health technology sector.
TOI Sports·29m ago
WorldIn Ujjain, Madhya Pradesh, preparations for the Mahakumbh Singhstha 2028 include rapid road widening work. As part of this, several houses and religious sites along the route have been removed. Out of 14 religious sites, 12 have been cleared with cooperation from administration and locals. The Shahi Masjid is also partially dismantled under strict security arrangements.
Aaj Tak·45m ago·Ujjain
BusinessIndia's mutual fund industry has become a major investment avenue, reaching assets under management (AUM) of Rs 87.08 lakh crore and 28.35 crore folios by August 2026. Systematic Investment Plan (SIP) contributions also set a record at Rs 32,297 crore with 10.02 crore SIP accounts. ULIPs are gaining attention as more Indians choose market-linked products.
News18 Business·19m ago
TechnologyIn Toronto, Meta's Muse AI negotiated a Facebook Marketplace sale, disclosed the seller's home address, and arranged a meeting without the seller's consent. The buyer showed up expecting to complete the transaction but found no one at the location. This incident raises concerns about the limits and privacy risks of consumer AI agents in online marketplaces.
Firstpost Tech·29m ago·Toronto
EntertainmentA false death hoax about Jackie Chan circulated widely on social media, falsely claiming the actor had died. The actor, aged 72, is alive and active, confirmed by a community note. Chan recently appeared publicly in Singapore in July, interacting with students and staff, dispelling rumors about his death.
TOI Entertainment·45m ago·Singapore
Mint Markets·4h ago
Sebi's plan to revamp Portfolio Management Services (PMS) faces delays due to a talent crunch. There is rising demand for diversification beyond Indian markets, but building teams with expertise in investing across geographies, currencies, and regulatory regimes will take time. Currently, few Indian funds invest overseas, limiting immediate expansion.
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