Tamilnadu Steel Tubes Ltd News
Costly affair: Hedge fund managers keep nearly half of profit as fees
Of the $3.7 trillion in profits they have earned as an industry since 1969, nearly half or a staggering $1.8 trillion was gobbled up as fees, according to estimates by LCH Investments
 "Costly affair: Hedge fund managers keep nearly half of profit as fees")
Sebi proposes changes to net asset value calculation for overnight schemes
NAV represents the market value of an investor's mutual fund holdings and is a key metric for understanding the worth of their investments
 "Sebi proposes changes to net asset value calculation for overnight schemes")
Sebi approves 6 IPOs; Kalyan Jewellers shares jump; Laxmi Dental gains 30%
Carlyle-backed Hexaware Technologies plans to raise Rs 9,950 crore through a pure offer for sale (OFS), with shares being sold by CA Magnum Holdings
 "Sebi approves 6 IPOs; Kalyan Jewellers shares jump; Laxmi Dental gains 30%")
Melania trumps Donald in meme coin race, $MELANIA grabs $5 bn in market cap
Melania Trump's $MELANIA meme coin launch sparked a crypto frenzy, hitting a $5 bn market cap and causing a 40 per cent crash in Donald Trump's $TRUMP token within minutes
 "Melania trumps Donald in meme coin race, $MELANIA grabs $5 bn in market cap")
Bitcoin rises to fresh record, over $109K ahead of Trump inauguration in US
Token's rise came after Trump and his wife Melania unveiled memecoins over the weekend, with Trump's rapidly reaching a market capitalization of more than $15 billion before declining sharply
 "Bitcoin rises to fresh record, over $109K ahead of Trump inauguration in US")
Bank stocks steer Nifty 50, Sensex to green territory, Kotak leads rally
The rupee, too, strengthened slightly, settling at 86.57 per dollar, compared with 86.61 on Friday
 "Bank stocks steer Nifty 50, Sensex to green territory, Kotak leads rally")
Vodafone Idea stocks extend rally on AGR waiver buzz; gain 30% in 1 week
The government is considering a proposal to waive 50% of interest and 100% of penalties and interest on penalties that make up a bulk of the AGR dues levied on telcos
 "Vodafone Idea stocks extend rally on AGR waiver buzz; gain 30% in 1 week")
Increase in room rates, higher occupancy to drive gains for Indian Hotels
Domestic tourism will get a boost from key sporting events, and events like Bharat Mobility Expo, Aero India, Pravasi Bhartiya Diwas, and Mahakumbh
 "Increase in room rates, higher occupancy to drive gains for Indian Hotels")
Hyundai, Swiggy may join Nifty Next 50 amid index rebalancing changes
The Nifty Next 50 index is regarded as a pool of potential candidates for the flagship Nifty 50 index
 "Hyundai, Swiggy may join Nifty Next 50 amid index rebalancing changes")
US Presidential inauguration: A historically positive catalyst for equities
Even the near-term performance for both markets has been positive after a new US President assumes charge
 "US Presidential inauguration: A historically positive catalyst for equities")
