CREATOR MANAGEMENT
Collective Artists Network acquires Terribly Tiny Tales
Collective Artists Network has acquired digital content creator Terribly Tiny Tales (TTT) following funding from Nikhil Kamath. The move aligns with their goal to be India's top new media company. TTT, founded by Anuj Gosalia in 2013, reaches 25 million weekly social media users. This acquisition complements Collective Artists Network's strategy to enhance storytelling and creator support. Anuj Gosalia, TTT's CEO, looks forward to leveraging Collective's resources for greater impact.
Mutual Fund Magic: Rs 10,000 monthly SIP investors are dollar millionaires in less than 3 decades
HDFC Top 100 Fund, a large-cap focused equity scheme, celebrates over 27 years of consistent performance, delivering an impressive 19% compound annual growth rate (CAGR) throughout its tenure.
2 multi cap mutual funds turn Rs 30,000 monthly SIP into Rs 1 crore in 10 years
Investing Rs 30,000 monthly in two multicap funds, managed by ETMutualFunds, turned into Rs 1 crore in 10 years. Quant Active Fund and Nippon India Multi Cap Fund achieved this milestone, with XIRRs of 22.90% and 18.16% respectively.
The Night Manager Season 2: Will Olivia Colman make a comeback in the upcoming season
Fans of the acclaimed spy thriller series "The Night Manager" have eagerly awaited news about its highly anticipated second season, especially concerning the return of Olivia Colman.
Vedanta Group biggest wealth creator in FY25 so far; adds over Rs 2.2 lakh cr in market cap
Vedanta Group comprising, Vedanta Ltd and Hindustan Zinc Ltd, have generated the maximum wealth for investors on the Dalal Street in the current fiscal so far, with the combined market valuation of both firms surging by Rs 2.2 lakh crore.
4 ELSS mutual funds turn monthly SIP of Rs 30,000 to Rs 1 crore in 10 years
Quant ELSS Tax Saver Fund, the topper in the category, turned the monthly SIP investment of Rs 30,000 into Rs 1.45 crore in the last 10 years. The scheme offered an XIRR of 26.58% in the same time period.
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Women are taking stock: As more women enter the high-net-worth category, their investment choices are also changing
Deepika Gehani, the cofounder of Genesis Luxury, represents the trend of affluent Indian women shifting towards equity investments. Nupur Garg, founder of Winpe, shares a similar sentiment on increasing risk appetite with growing wealth. The survey by Waterfield Advisors highlights women's interest in equity investments, with a focus on financial literacy emphasized by Priti Rathi Gupta. Anuj Kapoor from JM Financial Services notes the active role of female UHNIs in wealth management, while Devna Shah and Suhasini Sampath provide insights on equity and real estate investments.
Five tools to boost productivity of freelancers, remote workers, content creators
The rise of remote work and freelance culture demands increased efficiency and productivity. Essential tech tools like Trello for project management, Slack for communication, Realm for note-taking, Zoom for video conferencing, and Google Workspace for collaboration empower individuals to streamline workflows and enhance output. Leveraging these tools helps optimize productivity and achieve success in the digital landscape.
US-based AIG forms India JV with Creativeland Studios
The JV, which is in the process of announcing its Indian talent roster, will not only focus on promoting Indian talent globally across artistic disciplines but also represent international and Hollywood talent in the Indian subcontinent.
Consumer firms plan IPO; startups on poll mandate
India's public market will see about a dozen consumer companies make a debut on the bourses. More on this in today's ETtech Top 5.
5Ms behind 400 paar? Why are BJP and Modi so confident of winning Lok Sabha elections?
The Bharatiya Janata Party (BJP) is predicted to win a landslide victory in the recent Lok Sabha election, making incumbent PM Narendra Modi the second Prime Minister of India after Jawaharlal Nehru. The BJP's campaign relies on three pillars: Modi, Money, and Machine. Brand Modi is the most potent weapon in the saffron party's arsenal, with the party focusing on capitalising on the Modi brand, supported by the RSS and panna pramukhs. The INDIA bloc has struggled to find a leader who can challenge Modi's might, and the Opposition's inability to form a formidable alliance against Modi highlights their struggles.
Did you miss these wealth creators? Top 40 index funds give 50-100% returns in 1 year
Index funds gain popularity, with AUM rising 30% to Rs 9.6 lakh crore in a year. Over 40 funds yield 50-100% returns. Index funds offer low-cost and straightforward equity market exposure.
The Night Manager Season 2: See who joins cast and other updates about filming and production team
Camila Morrone joins Tom Hiddleston in “The Night Manager” Season 2. The new season starts filming later this year, continuing the story eight years after Season 1. Elizabeth Debicki will not return.
Two mutual fund schemes turned Rs 10 lakh to Rs 1 crore in 10 years of Modi govt
ETMutualFunds analysis reveals two schemes turning Rs 10 lakh into Rs 1 crore under Modi-led government. Nippon India Small Cap Fund and SBI Small Cap Fund deliver impressive CAGRs. Investors should consider risk appetite and goals before making investment decisions.
View: Raise a glass to the job creators
In a recent interview, Narendra Modi emphasized the importance of supporting businesses and avoiding demonization. The Prime Minister's stance received positive feedback, contrasting with past socialist inclinations.
Suited for investors with long-term time horizon: 5 midcap stocks with upside potential of up to 30%
If one looks at how the sentiment cycle has moved in the last five months for the mid-cap, it has come full circle. At the start of the year 2024, “hope” nothing can go wrong with mid-caps, so load them. Then comes fear in the middle of February which peaks by the end of March. The again hope in April and now at this point of time “confusion” At this point of time the question whether “ I should sell or buy more” needs to be replaced by “what business do I own and whether that business is going to grow or not” The reason why it is important to change the question itself is the fact that it business on the ground which will make the difference between in final returns. Another thing is whether the management has seen good and bad times, because that is what gives them the ability to deliver in all conditions.
2 midcap mutual funds turn Rs 5,000 monthly SIP to Rs 1 crore in 20 years
Midcap mutual funds like Sundaram Mid Cap Fund and Nippon India Growth Fund saw significant growth, while Tata Mid Cap Growth Fund, Aditya Birla SL Midcap Fund, Quant Midcap Fund, and Taurus Mid Cap Fund also performed well. ETMutualFunds provides analysis and answers mutual fund queries on social media platforms.
India big market for Canva; looking to build local team there: CEO Melanie Perkins
India is the fifth largest market for Canva, which is bullish on the country's burgeoning creator economy, having doubled its growth between 2023 and 2022. Canva’s latest offering can help businesses create company-wide design templates for their brands, keep their intellectual property (IP) safe, and provide greater control over their visual products.
Nikhil Kamath invests in Collective Artists
Nikhil Kamath has invested in Collective Artists Network, marking their second venture together. The secondary transaction has resulted in a 5X return for InMobi's Glance, which had previously invested in Collective in 2021. Collective Artists Network has transformed into a versatile media powerhouse, with initiatives like BigBang.Social, Collective Creative Labs, M19, and strategic acquisitions like Under 25 Universe.
Midcap IT stocks could be good value creators going ahead: Dipan Mehta
The markets have run up significantly. We are trading at all-time highs and a lot of the positives of the election seem to have got priced in. I think it is a given that BJP victory with a higher number of seats and NDA also with higher number of seats, that is kind of discounted in the market.
TikTok creators file suit to block US divestment or ban law
The suit, which seeks injunctive relief, says the law threatens free speech and "promises to shutter a discrete medium of communication that has become part of American life."
Creators wielding AI reimagine creativity on a budget
Anirudh Ravichander and Yashraj Mukhate lead AI experimentation in music. Ad-film makers and marketers embrace AI for cost-effective content creation. General purpose AI tools gain traction for creative endeavors in various industries.
How much is Tanmay Bhat's net worth? Comedian reacts to report claiming it is Rs 665 cr
Comedian Tanmay Bhat disputed reports claiming his net worth to be Rs 665 crore, highlighting India's booming content creator economy. He refuted the claim on Twitter, stating the figure was wildly off. Bhat, known for his work with AIB and Moonshot, began as a TV writer and co-founded AIB in 2013, gaining popularity for comedic content. India's content creator economy has grown significantly, contributing to GDP and creating jobs.
3 Indian companies make the cut on BCG's top 25 global value creator list
Technology and tech-related companies led the charge, as excitement over generative AI helped fuel a rebound from 2022’s losses, according to a report based on the database.
New AI law will guard rights of content creators: experts
Experts hailed the proposed AI law as "timely" given the explosive growth of AI-generated content. This rapid development has the potential to disrupt the publishing industry and raise copyright infringement concerns, they said.
Small-cap & mid-cap funds biggest wealth creators
Some value-oriented funds also did well as the fund managers bet on public sector companies in segments like banks, railways, and defence. Large-cap funds, which need to invest at least 80% of their corpus in the top 100 stocks, trailed due to higher exposure to private banks and IT companies, which underperformed the broader markets.
The influencer diaries: How influencer marketing has upended India Inc’s sales pitch and advertising spends by drawing big money
Influencer marketing is expected to grow by 25% in 2024, reaching ₹2,344 crore and rising to ₹3,375 crore by 2026, as per the report. The report was "based on an EY survey of 2,053 respondents, including 86 brands, 556 creators, and 1,411 other industry professionals," said Amiya Swarup, partner, marketing advisory, EY India. Roughly 40% to 57% brands in categories like FMCG, ecommerce, and automobile are expected to increase spending on influencer marketing by 10% by 2026.
Want to create a lot of wealth? Look at these 5 PSU gems for next 6 months: Sanjiv Bhasin
Sanjiv Bhasin of IIFL Securities is bullish on Hindustan Copper, HPCL, ONGC, IRCTC, Concor, Century Textiles' foray into real estate, and ITC's future prospects. He advises caution in PSU banks and railway stocks, while emphasizing the potential in the banking sector and the need for quality construction in real estate.
National Creators Award: Meet Aman Gupta who got Celebrity Creator of the Year award
Prime Minister Narendra Modi presented the National Creators Award to acknowledge excellence across various domains. Aman Gupta, the co-founder and CMO of Boat, received the Celebrity Creator of the Year award.
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