#PersonalFinance | One of India’s leading asset management companies (AMCs)—HDFC AMC has secured approval to start six feeder funds in #GIFTCity (IFSC) that will in turn invest in its domestic mutual fund (MF) schemes.

The feeder funds will be structured as Category III AIFs, or alternative investment funds.

Read here: https://read.ht/Rij1

#PersonalFinance | Whether you are planning overseas travel or want to send money abroad, it is always a good idea to shop around for the best #forex exchange rate.

Here's a list of INR to USD forex rates offered by some of the major banks & travel aggregators.

#PersonalFinance | Porting can only occur within the same insurer as the group insurer; an employee cannot switch to a new insurer upon leaving the group.

Got a question? #AskMint

https://www.livemint.com/money/personal-finance/can-i-port-my-group-insurance-plan-into-an-individual-policy-11705596734054.html

Gradually but surely, #EPACKDurable IPOs retail portion is getting closer to being full booked.

As of day 1, the #EPACKDurableIPO subscription status is 45%, so far at 14:00. EPACK Durable IPO has opened for subscription on Friday & will close on Tuesday, January 23.

Read here: https://www.read.ht/Rik9

#PersonalFinance | Three mutual fund schemes, Quant Flexi Cap Fund, Parag Parikh Flexi Cap Fund, and JM Flexicap Fund, delivered over 20 percent CAGR return in the past five years, according to AMFI data.

https://www.livemint.com/mutual-fund/top-7-flexi-cap-mutual-funds-18-annualised-return-quant-flexi-cap-fund-parag-parikh-flexi-cap-fund-jm-flexicap-fund-11705590478596.html

#Hyundai India informed that it has acquired #GeneralMotor's Talegaon plant in Maharashtra.

A Memorandum of Understanding (MoU) was signed between India's second-largest automaker's CEO Un Soo Kim and Maharashtra's Industries Minister Uday Samant in Davos. Hyundai Motor India Ltd has committed to invest ₹6,000 crore in Maharashtra.

Read here: https://www.read.ht/RimN

#HindustanUnileverLimited announced its October-December quarter results for fiscal 2023-24 (#Q3FY24), reporting a rise of 17.3% in standalone net profit at ₹2,519 crore, compared to ₹2,505 crore in the year-ago period.

Read here: https://www.read.ht/Rim1

#RelianceJio reported a 3% QoQ rise in standalone net profit for the quarter ended December 2023 to ₹5,208 crore from ₹5,058 in Q2FY24.

The telecom operation of Mukesh Ambani's Reliance Industries' revenue from operations stood at ₹25, 368 crore, up 2.5%, during the quarter ended December from ₹24,750 crore in Q2FY24.

Read here: https://www.read.ht/RinB

#Budget2024 | Finance Minister Nirmala Sitharaman has hinted that there may not really be any big bang announcements, but can we discount the possibility of signalling in an election year?

Watch the Mint roundtable with our eminent panellists in conversation with Mint Editor-In-Chief Ravi Krishnan, discussing what could be on the table & what are the moments that could move markets this time around.

On the panel:
-Niranjan Rajadhyaksha, Executive Director, Artha Global
-Madhavi Arora, Lead Economist, Emkay Global
-UR Bhatt, Founder, Alphaniti Fintech
-Ashish Gupta, CIO, Axis Mutual Fund

Watch here 🎥 https://www.youtube.com/watch?v=7uGi1J4W0GM

Reliance Q3 Results: #Reliance Industries limited reported a 9.3% increase in its net profit to ₹17,265 crore in the third quarter of FY 23-24.

Read here: https://www.read.ht/Rioq

#PersonalFinance | The journey of Atal Bihari Vajpayee from his early childhood as a volunteer for the RSS to three times Indian Prime Minister will be chronicled in the film ‘#MainAtalHoon’ starring Pankaj Tripathi.

His poetry chronicles the struggle for freedom and his unique political observations. But they also offer money lessons to those who can read between the lines.

Read here: https://www.read.ht/RjL5

Too many questions about the Union Budget? 💼

Don’t hesitate; just ask our AI chatbot for seamless financial guidance!

Chat with Mint Genie: https://htmedia.page.link/X297

#Budget2024 #IndAISurge #LiveMint #AIChatbot #Chatbot #MintGenie #BudgetWithMint #ThinkAheadThinkGrowth

Unlock comprehensive coverage and discover the insights that truly matter in decoding the union budget, exclusively on Mint.

Explore now at https://htmedia.page.link/bhCg

#Budget2024 #IndAISurge #LiveMint #News #BudgetWithMint #ThinkAheadThinkGrowth

Nominal growth of 11.5% in budget aim | Weak demand may trim spectrum sale mop-up to ₹10K cr | #Starlink gets satellite net nod, joining Jio, Bharti

Read today's Mint e-paper here: https://epaper.livemint.com

Today's #MintMetric by Bibek Debroy!

#RamTemplePranPratishtha ceremony underway in Ayodhya in the presence of Prime Minister Narendra Modi and RSS chief Mohan Bhagwat.

Watch #RamMandirInauguration LIVE: https://www.youtube.com/watch?v=8dN0VzOoSSY

Catch all the LIVE updates of '#PranPratishtha' of the idol of #RamLalla in Ayodhya here: https://read.ht/Rkb8

The idol of Ram Lalla was unveiled at #ShriRam Janmaboomi Temple in #Ayodhya in the presence of PM Modi & RSS chief Mohan Bhagwat.

Uttar Pradesh CM Yogi Adityanath was also present at the #PranPratishthaCeremony at the newly constructed #RamTemple.

Read here: https://read.ht/RkcX

Indian broadcaster #ZeeEntertainment said it will take legal action against #Sony Group after the Japanese media company terminated a $10 billion merger of their India operations, Reuters reported on 22 January.

Read here: https://www.read.ht/Rkcy

World leaders, economists, industry leaders & influential people from around the world have gathered in the ski resort town of Davos, 150 km east of Zurich, for the #WorldEconomicForum (#WEF2024).

“Rebuilding Trust” is the theme for the 54th WEF in Davos this year. #Davos2024

Here is the best of Mint, from Davos, for you to make sense of the global event: https://www.livemint.com/topic/davos-2023

#PersonalFinance | Car loans 🚗 are usually of three to five years but some lenders may offer loans for up to seven years too.

Don’t forget that a car is a depreciating asset, so taking a bigger loan may not be the best thing to do. But if you take a car loan for a short duration, the EMIs will be heavy and non-payment will mean a blot on your credit report.

#Sony, #Zee split up; ugly battle ahead | #RamTemple opens, set to spark a boom | Coaching centres may challenge new guidelines

Read today's Mint e-paper here: https://epaper.livemint.com