Wed Sep 25 08:55:58 UTC 2024: ## Business Headlines: ET Prime Reports on Acquisitions, Investments, and Global Events

**India Makes Waves in Global Markets:**

* **Delhi-based Company Acquires Nasdaq-listed Ebix:** An unnamed Delhi-based company has successfully acquired Nasdaq-listed Ebix out of bankruptcy, making headlines for this surprising move in the global business arena.
* **Surging Gold Demand Raises Questions:** The rising demand for gold has prompted speculation about a potential reopening of the gold bond window by the government. This development is closely watched by investors and analysts.

**Local and Regional News:**

* **Mumbai Faces Heavy Rains:** Heavy rainfall has caused significant waterlogging and traffic disruptions in Mumbai, highlighting the city’s vulnerability during monsoon season.
* **India Surpasses Japan as Third Largest Power in Asia:** India has officially surpassed Japan as the third largest power in Asia, a significant development in the region’s geopolitical landscape.

**Domestic Business and Finance:**

* **SpiceJet’s Challenges:** SpiceJet faces several challenges that need to be addressed to regain its competitive edge in the aviation sector.
* **SIP Investments: A Closer Look:** While Systematic Investment Plans (SIPs) offer a reliable investment strategy, the article warns investors that they might not always be effective and highlights the need for caution and understanding market dynamics.
* **SEBI Reports Trader Losses:** The Securities and Exchange Board of India (SEBI) reports significant losses faced by Indian traders in the Futures and Options market over the past three years.

**Political and Social News:**

* **Trump Immunity Case:** Senator Ted Cruz grilled former Attorney General Michael Mukasey in a hearing regarding the Trump immunity case.
* **Modi Government’s Waqf Board Plans:** Owaisi criticizes the Modi government’s alleged plans to dismantle the Waqf Board.
* **Street Vendors Ordered to Display Names:** The Health department has instructed street vendors and eateries to display their names prominently.
* **Iran’s President Opens Door to Improved Relations:** President Pezeshkian of Iran expresses a willingness to improve ties with the West.

**ET Prime: A Comprehensive Business Resource:**

* **ET Prime Subscription:** The article encourages readers to subscribe to The Economic Times Prime for in-depth coverage and analysis of business news, expert opinion, and market trends.
* **ET ePaper:** Subscribers can access the ET ePaper online for an enhanced reading experience.

**Note:** This is a summarized news article based on the provided headlines. The full details and context can be found in the original source, The Economic Times.

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