The jury is still out, but Jain, he said, cannot resist his two bits to add to the confusion on these issues.Jain said the debate over active and passive funds has gained traction in recent times with the growing range and market share of passives.The debate, he said, is somewhat counterproductive.

Jain in his long career saw Indian economy opening up, the coming of age of IT industry, commodities boom, bust and boom again; the coming of age of e-mail, mobile, internet, modern retail and ecommerce, renewable power and EVs, the rise of social media, the decline of traditional media, the rise of China, Covid - lockdown, negative interest rates and ESG as a theme, to name a few.

Beginning from the 2011 AGM, Reliance stock has delivered positive returns a month after its AGM in 7 out of 11 years. During the period, the highest monthly return was 22 per cent in 2018 in which RIL announced to exchange feature phones with the Jio Phone at just Rs 501. On the AGM day, however, the stock had closed 3.3 per cent lower. Returns were also impressive in 2013 (11.2 per cent), 2015 (12.6 per cent) and 2020 (14.6 per cent).

Nomura said group-linked concerns are subsiding for Adani Ports as cash flows improve, adding that the company is likely to stay on course with its governance commitments.It noted that Adani Ports has honored its commitment on not providing related-party loans since FY16 and also minimising share pledges.

Bitcoin, the largest cryptocurrency by market capitalisation, rose 0.90 per cent to $20,400.14 in the last 24 hours, yet it was down 3.94 per cent in the last seven days.Ethereum climbed 4.34 per cent to $1,606.04, reducing its seven day fall to 0.55 per cent.BNB advanced 0.70 per cent to $288.73.

Under the product strategy, the focus is on product development rather than on cost control or effective process technology.At times, product may not have a ready market – the companies may have to approach consumers and demonstrate the effectiveness of their products towards whatever purposes they are intended

It may not be wise, even for seasoned investors, to invest a large amount at one go. This would mean making a large financial commitment that could also make an investor jittery if the investment goes south in the short-term.By investing in a staggered manner, one can begin with a part of the overall investible surplus.

Wednesday is the record date for dividend by Data Patterns (India) (Rs 3.5 per share), Ion Exchange (Rs 10 per share), RSWM (Rs 25 per share, Gujarat Themis Biosyn (Rs 4 per share), SNL Bearings (Rs 6.5 per share) and IL&FS Investment Managers (Re 0.4 per share) among others. The stocks went ex-dividend on Monday

German inflation running at its highest in nearly 50 years and a growing chorus of European Central Bank officials calling for big rate hikes has markets pricing a better-than-even chance of a 75 basis point rate hike next week.The euro rose 0.16% to $1.0003 in early Asia trade, which if sustained would make for a third session of gains in a row.