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Trump administration to lend $100 million to Africell, countering Huawei in Africa

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AI Stock Amphenol Nears Pivot Amid Strong AI Datacom Sales

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AI Stock Amphenol Nears Pivot Amid Strong AI Datacom Sales

A broader rotation out of tech stocks has not dampened investors’ enthusiasm for a few artificial intelligence infrastructure names. Which is why IBD 50 Stocks To Watch pick Amphenol (APH) is holding support at a key technical level within a base after an earnings-fueled rally. Shares hit an all-time high in June before falling below their 50-day moving average ahead…

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Beyond Markets, Beyond Borders: Ajaypal Somvanshi’s Rise from Jaipur Roots to Global Recognition in Dubai

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Beyond Markets, Beyond Borders: Ajaypal Somvanshi's Rise from Jaipur Roots to Global Recognition in Dubai

A journey shaped by more than two decades in finance, Ajaypal Somvanshi has moved from his Indian foundations to international financial markets, fund management and entrepreneurship, with Dubai becoming the stage for a significant new milestone.

Dubai, UAE: Success in financial markets is rarely defined by a single decision. It is built over years, through changing economic cycles, calculated risks, difficult lessons and the ability to continuously adapt. For Ajaypal Somvanshi, that journey has unfolded across cities, countries and financial markets.

With roots connected to Jaipur, Somvanshi has spent more than two decades developing a career across banking, trading, commodities, derivatives, portfolio management and investment strategy. Today, as Founder & CEO of ASKA Global Fund, Mauritius, he is entering a broader phase of that journey, one focused not simply on participating in markets, but on building an international platform around investment experience, education and opportunity. And in September 2026, Dubai provided a fitting stage for recognition of that evolution.

The Foundation: Experience Before Entrepreneurship

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Long before becoming a founder, Somvanshi built his professional foundation inside the financial industry. His career includes experience associated with organisations such as LIC HFL, HDFC Bank, Aditya Birla Group and Howden UK, exposing him to different dimensions of financial services and business. As his career progressed, his interests moved increasingly towards financial markets.

Equities were joined by commodities. Traditional financial experience expanded into derivatives, indices and forex. Portfolio strategy and risk management became increasingly important components of his professional expertise. His exposure eventually extended to international markets, including trading across major exchanges such as COMEX and NYMEX. It was a progression that transformed an India-based financial career into something increasingly global.

When the UAE Became Part of the Story

The Middle East became another important chapter when Somvanshi took on responsibilities with Al Aweal Holding in Abu Dhabi. As Fund Manager, he was involved in managing a substantial proprietary futures portfolio, according to information supplied for this profile. His responsibilities extended beyond trading decisions to developing hedging and equity-derivative strategies and leading a team of traders. This period represented more than another professional appointment.

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Working in the UAE placed Somvanshi within a highly international business environment, where capital, companies and professionals from different parts of the world intersect. That exposure would become increasingly relevant to the next phase of his career.

From Managing Capital to Building a Vision

After years spent working within financial institutions and managing markets, Somvanshi’s journey began moving towards entrepreneurship and leadership. Through ASKA Global Fund, Mauritius, where he serves as Founder & CEO, his focus has expanded towards building international relationships and exploring opportunities across markets. Mauritius adds another dimension to a journey already connecting India and the UAE.

Rather than viewing these markets independently, Somvanshi’s emerging outlook is increasingly cross-border, bringing together financial experience, strategic relationships and investment opportunities within an international framework. It marks an important transition in his story:

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from financial professional to fund manager, and from fund manager to founder.

Knowledge as an Investment

Capital, however, represents only one part of Somvanshi’s professional interests. Education has developed alongside his market career. According to information provided for publication, Somvanshi has mentored more than 1,500 traders, helping participants develop their understanding of trading strategies, risk management and market analysis. His association with PSS EDU further reflects this interest in financial education and knowledge development.

For someone whose own career has evolved through changing financial environments, the philosophy is particularly relevant: markets change, technology changes, and strategies evolve, making continuous learning essential. With an MBA and more than 20 years of market exposure, Somvanshi’s approach combines technical and fundamental analysis with quantitative thinking and an awareness of emerging trading technologies.

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Dubai: A Moment of Recognition

On 6 September 2026, Somvanshi’s professional journey reached another milestone in Dubai. He was honoured with the Global Business Leader Award 2026 at the Global Business Conference & Summit 2026, held at the Metropolitan Hotel, Dubai. The recognition brought together several chapters of his story.

The professional foundations developed in India. The years spent understanding and navigating financial markets. The experience of fund management in the UAE. The transition towards entrepreneurship through Mauritius. And now, recognition on an international business platform in Dubai. The award therefore represents not the conclusion of his journey, but another marker along it.

A Journey Still in Motion

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Somvanshi’s story is ultimately about evolution rather than geography. Jaipur represents the roots. India provided the professional foundation. The UAE expanded the horizon. Mauritius opened a new entrepreneurial chapter. And Dubai became a stage for international recognition.

Today, his ambitions extend beyond managing portfolios or analysing individual markets. Through ASKA Global Fund and his involvement in education, Somvanshi is looking towards a broader ecosystem connecting capital, knowledge, people and opportunity. After more than two decades in finance, his journey demonstrates that meaningful professional growth is rarely a straight line. It is built market by market, decision by decision and opportunity by opportunity.

From Jaipur Roots to a Global Horizon

For Ajaypal Somvanshi, receiving the Global Business Leader Award 2026 in Dubai represents an important milestone, but perhaps the more compelling story is everything that came before it, and everything he intends to build after it. The markets may have shaped his career. The next chapter is about turning that experience into a global vision.

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Ditch experience to your detriment

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Ditch experience to your detriment

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How Dolly Parton’s business acumen helped her succeed far beyond the charts

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Dolly Parton wears a white shirt and bedazzled white and silver waistcoat.

Parton wasn’t always wealthy. She grew up in poverty and in her 1971 hit Coat of Many Colours describes how she would wear rags to school which her “mama” had knitted together.

In a 2017 BBC interview, she said her father gave her business lessons from early in her career.

“My dad wasn’t an educated man, he wasn’t able to read and write, but my daddy had a great sense of business,” she told the BBC’s World Service in 2017.

“So when I got into the music business, I thought of it as a business. And so I started early on keeping my own songs and my own publishing company.”

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While her publishing company helped build her wealth, Parton had plenty of other business ideas.

In 1985, she co-founded a film and TV production company called Sandollar Productions, which helped to make 90s cult thriller Buffy The Vampire Slayer.

Then there was Dollywood – the theme park in in the foothills of the Great Smoky Mountains in her home state of Tennessee, which she became co-owner of in 1986. It had changed owners multiple times since it was first set up 25 years earlier and her buy-in exponentially boosted visitor numbers.

She kept improving the park. In 2015, she opened the DreamMore Resort, a four-star hotel and spa down the road from Dollywood. Today, many of Parton’s family members work at the theme park and it is the biggest employer in its county.

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She launched the Dolly Beauty cosmetics line in 2025 and she opened Dolly’s Tennessean Travel Stop in June this year. The shop offers a signature coffee brand named Cup of Ambition, a nod to her Grammy-winning single 9 to 5.

Paul Milliken, a reporter from Fox 5 Atlanta who had interviewed Parton many times, said diversification was the key to her business success.

“It’s a lesson that continues from her to this day to young artists,” he told BBC’s Wake Up to Money.

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Porsche AG Eyes Wider Margins After $1.2 Billion Sale of Bugatti, Rimac Stakes

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Porsche AG Eyes Wider Margins After $1.2 Billion Sale of Bugatti, Rimac Stakes

Porsche AG said it expects its profitability to get a boost from the nearly $1.2 billion the company netted from its sale of stakes in a venture producing sports-car label Bugatti and in electric-vehicle maker Rimac Group.

The luxury-auto maker on Wednesday completed the sale of its 45% stake in Bugatti Rimac—its joint venture with Rimac housing Bugatti—and its 21% stake in Rimac itself, a deal announced in April this year. The German group, looking to focus on its core business, sold its stakes to a consortium led by U.S.-based investment firm HOF Capital, and which includes Abu Dhabi-based BlueFive Capital as its largest investor.

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Pizza restaurants: Why pizza-making robots are not cutting it

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A robot arm hovers over a pizza

The robot pizza-making business has, it’s true, been littered with sorry tales of overcooked promises and melting fortunes. Besides Picnic, other companies that have come and gone include Zume, external and Pazzi, which used, external robot arms to assemble pizzas, as well as Basil Street, external, a purveyor of pizza vending machines.

Although so-called fast food might seem an easy target for automation, it’s proved harder than many expected. Plus, bringing robots into pizza restaurants could take away entry-level jobs in the hospitality sector. Is the future really filled with robotic pizza?

“We haven’t yet seen any of the success stories materialise the way some people thought they would,” admits Sara Senatore, senior restaurants analyst at Bank of America. Her employer has financial interests in multiple high street pizza chains including Papa Johns and Domino’s.

Food preparation bots are sometimes clumsy – dropping ingredients in the wrong places at times, she explains. Conversely, “Humans are very efficient at making pizza.”

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But Kindell, despite his frustrations with Picnic, is surprisingly undeterred. He is a fan of full automation. “I want to be able to walk up to, let’s say, a type of kiosk, put in your order, and it makes a fresh pizza,” he tells the BBC.

Kindell, who once made all his dough by hand – until an elbow tendon injury forced him to investigate using machines instead, is now working on his own version of a pizza-making robot.

He declines to share details but the contraption will make square pan-style pies and that the machine is inspired by the way 3D printers work. If things go well, he says he could have a fully operational version of the device by the summer of 2027.

Given that he admits he has “no experience” in robotics, I question why he would want to invest in such a dicey business. Kindell says that failed pizza robot companies have nonetheless generated useful data and made strides in developing their technology. It’s just a matter of time before someone gets these things to work, he insists.

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On jobs, he claims that even “fully autonomous” pizza robots won’t threaten workers. Kindell previously used Picnic’s robots at T-Mobile Park, home of the Seattle Mariners, a baseball team.

Usually, he’d need about 10 people to make pizza in such a setup. With the robots that number fell to just two. But the other eight people were still employed, he says, in roles where they interacted with customers, and advertised the pizza around the stadium.

“We had so many more people able to hand out the pizza,” says Kindell. “It was so much faster.”

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Duketon announces MD transition

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Duketon announces MD transition

West Perth-based Duketon Mining has announced a executive management transition, as it looks to further develop its Barlee gold project in the Goldfields.

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Grindr Inc. (GRND) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript