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AI cybersecurity startup Armadin valued at over $2.5 billion after new funding round
Armadin, a cutting-edge player in AI-driven cybersecurity solutions, has secured an impressive $255.5 million through a Series B funding round, boosting its valuation to over $2.5 billion. This funding round attracted high-profile investors such as Andreessen Horowitz, Accel, and Bain Capital Ventures, increasing Armadin's total funding to $445 million. The fresh capital will enable the company to amplify its platform and enhance its research and marketing initiatives.
She said 'stomach flu' & took Friday off for Coorg; then her manager saw her in a viral reel & sent just 5 words
An employee’s alleged fake sick leave for a Coorg trip reportedly came to light after they appeared in a dance video that went viral on Instagram. According to a Reddit post on r/antiLinkedIn, the employee had told their manager they had stomach flu, only to receive the reel from their skip-level manager on Monday with the message, “Hope your stomach is better.” The story has since sparked reactions online.
In 1999, 17 wind turbines went up on a Minnesota soybean-and-cattle farm; farming continued as turbine leases provided additional income
Since 1999, rural Minnesota farmers have harnessed wind turbines for financial stability. Each turbine's land lease can bring in between $2,000 and $5,000 annually. While owning turbines can lead to greater profits, the hefty start-up costs deter most farmers. Notably, more than 95 percent of the land designated for wind farms remains actively farmed, showcasing how renewable energy can complement agricultural livelihoods.
RIL Q2 Results: Nuvama sees 17% EBITDA growth, led by O2C biz. Here’s what to expect
Reliance Industries is expected to report 17% year-on-year growth in Q2FY27 EBITDA to Rs 53,700 crore, led by stronger refining margins and higher throughput, according to Nuvama Research. While the O2C business is likely to drive near-term earnings, New Energy could emerge as a key growth driver, with EBITDA projected to reach Rs 20,100 crore by FY30. Nuvama retains its Buy rating with a target price of Rs 1,766.
Best mutual fund SIP portfolios to invest in October 2026
ETMutualFunds'best mutual fund SIP portfolios are meant for three different individual risk profiles: conservative, moderate and aggressive. We have also considered three SIP baskets – between Rs 2,000-5,000, between Rs 5,000-10,000 and above Rs 10,000 – while creating these portfolios. Take a look at our recommended portfolios.
Only ₹2 lakh was paid by Star Health against a claim of ₹4.28 lakh, citing a sub-limit clause: Here’s why the policyholder won ₹2.28 lakh more
A recent case involving Star Health and Allied Insurance highlights the complexities of health insurance policies with disease-specific sub-limits. After a renewal and an increased sum insured, a claim for cerebrovascular accident treatment faced limitations due to alleged sub-limits. The consumer commission found deficiencies in service, raising important questions about transparency and policy terms in health insurance contracts.
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DoorDash to create 3,000 jobs at global tech centre in India
DoorDash will create 3,000 jobs in India over the next two years through a new global technology hub in Hyderabad, its second tech office in the country after Pune. The centre will initially focus on customer support and administrative functions, adding to Hyderabad’s growing roster of global capability centres.
Gujarat family travelling to US goes missing, relatives get ₹1 crore ransom call from Ethiopia
Three individuals from Gujarat went missing in Ethiopia after traveling illegally to the United States. Their families report that the group paid agents ₹70 lakh each for their journey to the US. After arriving in Ethiopia, the families claim the group was abducted and ₹1 crore was demanded for their release. A missing persons complaint was lodged after the family lost contact on September 22.
Anthropic's IPO prospectus sharpens focus on AI valuations
Anthropic is betting that AI will reshape the global economy more profoundly than industrialization, electricity and the internet, according to its IPO prospectus seen by Reuters.
Anthropic eyes $518 billion AI buildout; backed by 80% non-cancellable deals
The AI startup said it plans to spend at least $111.1 billion with Google , $110 billion with Amazon and $31.4 billion with Microsoft under long-term infrastructure service obligations over the next seven to 10 years "regardless of usage," as per the report.
Small Habit That Changed Their Finances: Zerodha's Nithin Kamath reveals how a Rs 20,000 credit card debt changed his money habits
Nithin Kamath’s financial philosophy centres on learning from debt, maintaining cash reserves and investing with discipline. After a Rs 20,000 credit card debt took him five years to repay, he stayed away from credit cards for nearly a decade. One common thread in all of his financial advice or lesson is to have enough cash reserves. Apart from this his investment approach focuses on suitable asset allocation, low-cost index funds, regular investing, rebalancing and staying invested.
Retirement planning: Why costs, asset allocation, and compounding matter more than chasing returns
A pension is not really a lump sum. It is years of groceries, medicines and bills paid out across a 25-year or longer retirement. Hence, the real enemy is not the market, but inflation—slowly eroding what your rupee buys. After a strong decade, it is wiser to expect a little less, and let cost and time do the heavy lifting that dazzling returns won’t.
ED raids 15 premises in Kolkata, covers former Minister Indranil Sen, associates in MassArt financial irregularities case
The Enforcement Directorate executed search and seizure operations at 15 locations linked to MassArt Society's financial irregularities. The action involved former Minister Indranil Sen and several associates amid allegations of fraudulent practices. MassArt is accused of misleading the public by claiming to be affiliated with UNESCO. Investigators are examining documents to understand the flow of funds and their usage.
Best dynamic bond funds to invest in September 2026
If you are planning to invest for three to five years, but don’t want to take a call on interest rates, you can bet on dynamic bond funds. Kotak Dynamic Bond Fund, one of the recommended schemes, has been in the third quartile for the last 30 months. ICICI Prudential All Seasons Bond Fund has been in the second quartile for the last 30 months. Please follow our monthly updates to keep track of your investments.
Nifty SIP return fails to beat even bank FD over 5 years: Is this the warning sign investors can’t ignore?
New insights reveal that systematic investment plans in the Nifty50 have consistently underperformed, presenting a five-year XIRR of merely 4.5%. This result places Nifty50 below the returns of traditional fixed deposits. In contrast, midcap and smallcap indices have shown impressive gains. Analysts recommend a strategy focusing on individual stock selection and earnings growth rather than relying solely on index performance, prompting a reassessment of index-based investment approaches.
Senate passes 'Protect College Sports Act' that would rein in athlete payments and transfers
The Senate has passed a bipartisan bill that aims to regulate college sports and athlete payments. This legislation seeks to address the chaos in the industry caused by increased athlete payments and frequent transfers. New protections for student athletes are included, such as caps on agent fees and health insurance guarantees. Critics argue that the bill does not do enough to protect athletes or limit excessive spending.
Your Thanksgiving and Christmas flight could still stay expensive long after jet fuel prices come down
Jet fuel prices have moved dramatically since the Iran war began. The Argus U.S. Jet Fuel Index climbed to $4.88 a gallon in early April. By June, it had fallen to $2.70. Airfares, however, did not follow the same path and remained high. The average domestic fare stood at $405 in the final quarter of 2025.
From Swiggy delivery agent to restaurant owner: Bengaluru entrepreneur shares his journey
Koushik Kharvi worked for nine years as a delivery agent before starting his own seafood business. His experience included hiding his job from friends due to stigma associated with delivery work. After reflecting on his past, Kharvi now runs a food truck offering Mangalorean seafood in Bengaluru. Social media users responded positively to his journey, emphasizing the dignity of all work.
Best medium duration mutual funds to invest in September 2026
As per Sebi mandate, medium duration funds must invest in debt and money market instruments with Macaulay duration of three to four years. As you can see, these schemes are suitable for investors looking to invest for three to four years or more. However, you should check the portfolio duration of the scheme to ensure that the scheme is in line with your investment horizon.
Dubai woman finds living in Mumbai expensive, returns within 15 days after heavy traffic and non-stop honking leave her exhausted
A Dubai based woman named Farah has said her short trip to Mumbai left her surprised by how expensive the city has become, and how quickly its traffic and noise wore her down, prompting her to head back to Dubai after just 15 days.
After GST exemption, retail policy base rises 11% for Star Health
Exempting individual health insurance premiums from GST has led to increased policy adoption across various demographics. Star Health reported an 11% rise in retail policy adoption following this tax reform. There has been a substantial increase in the average sum insured on new policies during this period. Consumers aged 26 to 50 made up a significant portion of new policy additions, accounting for over 80 percent.
98-Year-old Iowa man finally receives high school diploma 80 years after leaving school. You'll be shocked to know why!
At 98, Paul Little received an honorary diploma, honouring his extraordinary commitment to education. Dropping out of high school at 16 to help his family, he devoted years to supporting students at Panora High School through scholarships and substantial donations to the Dallas Center-Grimes Education Foundation. The ceremony showcased his invaluable impact on over 150 students, underscoring his lasting bond with the community.
Snoop Dogg invested in Reddit when it was still a private startup in 2014; 10 years later, the social platform went public at a multibillion-dollar valuation
Snoop Dogg's investment in Reddit during a $50 million funding round in 2014 seems to have paid well off as the company was valued at roughly $6.4 billion when it went public a decade later. Snoop Dogg's specific investment and payout remains private.
El Nino forces chefs to rethink menus as extreme weather disrupts food supplies
Record-breaking El Nino is impacting global food systems, causing chefs to frequently alter their menus. Droughts, floods, and heatwaves affect the availability and quality of key ingredients. Chefs like Alex Atala and Quique Dacosta emphasize the cultural and logistical challenges posed by these weather patterns. Alternative ingredients are being explored, as traditional supplies become increasingly unpredictable. Experts predict continued disruptions, highlighting the need for adaptation in the culinary industry.
$2 million lottery winner, but she couldn’t celebrate: US woman discovers jackpot during lunch break, then goes back to work
Virginia woman won a $2 million lottery jackpot after buying a $20 Platinum 7s scratch-off ticket during her lunch break, but instead of celebrating, she returned to work and finished her shift. The anonymous winner later chose a $952,000 lump-sum payout before taxes instead of receiving the prize through 30 years of annual payments. The unusual story was reported by People and has drawn attention for her calm reaction to the life-changing win.
Republicans unleash spending blitz of $900 million in record US midterms
Republicans are making a significant investment of approximately $900 million for advertising during the midterm elections. Despite this spending, Donald Trump's approval ratings remain low, impacting overall party sentiment. The upcoming elections are vital for controlling Congress and shaping future policies. Democrats are outspent but have historically gained seats despite funding disparities. As voting begins, the effectiveness of Republican spending is uncertain given the political climate.
UPS for Railway employees: Assured pension, VRS and one-time switch to NPS explained
The Ministry of Railways has announced the Unified Pension Scheme rules for employees covered under the National Pension System. Employees appointed after January 1, 2004, are eligible for this scheme and will contribute 10% of their basic pay. A minimum pension of Rs 10,000 is assured after completing ten years of service. Additionally, employees can opt for voluntary retirement after 20 years of service.
UPI for mutual funds: Benefits, limits and impact of new MDR explained
Unified Payments Interface (UPI) enables convenient investment in mutual funds through instant payments and SIPs. Investors appreciate UPI for its ability to process transactions 24/7 and avoid manual input. Recently, a 0.02% merchant discount rate was introduced on certain UPI transactions, affecting one-time investments. However, SIPs under UPI AutoPay remain exempt from this fee, easing investor concerns.
Powerball jackpot climbs to $313 million for September 21 drawing - Here's what Monday night's winner could take home
The Powerball jackpot has reached an estimated $313 million for Monday's drawing. Winning the jackpot requires matching all six numbers, a rare occurrence. Past record jackpots in 2026 and 2025 highlight the game's potential. Players can win substantial amounts by matching fewer numbers or using Power Play. Tickets are available in 45 states and online through specific apps.
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