SEBI's action on BSE to have a Rs 120-crore impact due to payment for past derivative payments: Investec

Market regulator SEBI’s action on BSE to pay regulatory fees on notional turnover instead of premium would have an impact of Rs 120 crore cash outflow for past dues on the exchange, said Investec. Read more

Take a look at these key events

Today
Fresh polling at six stations to be held
Punjab CM Mann to Meet Kejriwal in Tihar Jail
PM Narendra Modi's rally in Latur
Odisha CM Naveen to file nomination For Hinjili
TomorrowSupreme Court to review validity of Article 370 abrogation
Delhi Police summons Telangana CM Revanth Reddy
25.30% pensioners in Andhra Pradesh to get pensions at doorstep
Air India to debut first A350 between Delhi and Dubai

India’s per capita GDP income has grown very fast in the last decade: PM Modi to News 18

In an exhaustive interview to Network 18, Prime Minister Narendra Modi iterated that the Indian economy has witnessed significant growth in incomes compared to their peers along with lowest inflation rates in the last 10 years. Read more

SIPs in MC30 top mutual funds deliver consistent returns

Systematic investment plans (SIP) in mutual funds are used to channelise regular investments in mutual funds. A Moneycontrol study shows that equity schemes from MC30 have largely delivered better returns than the category and the benchmark returns over five-year periods.  Read more

SAP has datasets of over 27,000 customers ready to train generative AI models: APJ President Paul Marriott

SAP’s Asia Pacific Japan president Paul Marriott said that the German software major has procured datasets of over 27,000 customers anonymously over cloud to train its generative AI models, which will in turn help small and medium sized businesses (SMBs) with miniscule data available, to adopt generative AI quickly for business growth. Read more

M&M rolls out XUV 3XO compact SUV. Check price, availability, other details

In a bid to take on Tata Nexon, Hyundai Venue and Maruti Suzuki Brezza, Mahindra and Mahindra (M&M) rolled out the XUV3XO at a starting price of Rs 7.49 lakh (ex-showroom) on April 29. The car will be available in petrol and diesel options. Read more

Netflix co-founder says he adopted this ‘great business philosophy’ from Amazon's Jeff Bezos

Netflix co-founder recently revealed in a podcast that he adopted a "‘great business philosophy" from Jeff Bezos's style of leadership at Amazon. “I try to take a lot of risks on things that are recoverable,” he said on entrepreneur Tim Ferriss’ podcast.  Read more