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14.11 / 15:23
markets UPS Waves Target show performer innovations Microsoft, RBC bet on new approach to carbon cleanup
Microsoft Corp. and Royal Bank of Canada have agreed to buy carbon dioxide removal credits from Canada’s first commercial facility to suck carbon from the air.
14.11 / 14:49
markets Target FIVE ETF Strategy Continental performer PT Asset Management and HANetf partner to list active US bond ETF on London Stock Exchange
The ETF strategy, launched on Xetra and Borsa Italiana in October this year, was listed on the London Stock Exchange via the UK's Overseas Funds Regime (OFR). PTAM offers investors exposure to the US bonds market and employs its own ‘Shape Management' methodology, which targets long-term performance and stable growth across both rising and falling rate environments. European active ETFs double their AUM as passives gain popularity across the continent Following the launch of PTAM to the UK market, HANetf now has five active ETFs on its platform. The move comes as active ETFs are...
14.11 / 14:49
Target ETF BlackRock wellness Healthcare performer BlackRock launches US mega-cap ETF in Europe
The ETF behemoth is launching the fund in a bid to capitalise on the performance of the top 20 largest companies in the S&P 500 Index, which BlackRock noted have contributed 68% of the index's return over the past three years. These include companies in the technology, consumer goods, communication, healthcare and financial services sectors. PT Asset Management and HANetf partner to list active US bond ETF on London Stock Exchange Targeting first-time investors, portfolio builders, financial advisers, as well as institutional investors, the iShares S&P 500 Top 20 UCITS ETF has an e...
14.11 / 14:49
Target Sustainability BlackRock BlackRock Sustainable American Income drops 'sustainable' from name in response to SDR regime
In a London Stock Exchange notice today (14 November), the board said the trust's name will now become BlackRock American Income trust. The directors noted that keeping the term 'sustainable' would require adopting a label under SDR, which would mean amendments to the trust's investment policy and objective would have to be made. Lack of clarity keeps retail investors from getting on board with SDR labels «The board believes the [trust's] current investment philosophy and process, targeting US quality and value stocks and seeking to deliver a superior ESG outcome, remains appropria...
14.11 / 14:33
cryptocurrency Election Bitcoin Bitcoin Price Bitcoin rises above $90,000 on Trump euphoria
Bitcoin broke through the $90,000 level on Wednesday, as its rally showed no signs of easing on expectations that Donald Trump as U.S. president will be a boon for cryptocurrencies. The world's biggest cryptocurrency has become one of the most eye-catching movers in the week since the election and on Wednesday touched record highs. It was last up 5.49% at $93,158, marking a 32% rise since the Nov. 5 election.
14.11 / 14:15
markets Reuters Strategy Boeing Nov wellness Department US weekly jobless claims fall; unemployment rolls shrink
unemployment benefits fell last week, suggesting the labor market continued to chug along and that the abrupt slowdown in job growth in October was an aberration. Initial claims for state unemployment benefits dropped 4,000 to a seasonally adjusted 217,000 for the week ended Nov. 9, the Labor Department said on Thursday. Economists polled by Reuters had forecast 223,000 claims for the latest week. Claims surged in early October amid distortions from Hurricanes Helene and Milton as a well as a strike by factory workers at Boeing, but layoffs have remained historically low, which is underpinning the economy.
14.11 / 14:15
markets Provident Strategy students Experts country testing JEE Main 2025: Registrations lowest this year, students face difficulties in application
JEE (Main) exam has started on a slow note. The country's largest engineering entrance exam saw only 5.1 lakh students register with less than a week left for the deadline. During the same time period last year, 12.2 lakh applications were submitted. As the deadline approaches on November 22, experts are expressing concern over the sluggish pace of registrations.
14.11 / 14:15
markets Google security Strategy Sustainability Election AAP’s Mahesh Khichi elected Delhi Mayor in narrow victory ahead of assembly polls
Mahesh Khichi of the Aam Aadmi Party (AAP) was elected as the new mayor of the national capital on Thursday, edging out BJP’s Kishan Lal by a razor-thin margin of just three votes. Khichi, a Dalit candidate, received 133 votes, while Lal secured 130 votes. Two votes were declared invalid during the process. The win marks a major boost for the ruling AAP ahead of the Delhi Assembly elections, scheduled for early next year. Khichi’s victory strengthens the party's position in the city’s political landscape, further consolidating AAP’s control over municipal affairs.
14.11 / 14:15
markets Manufacturing Strategy information patient medicines Courts Supreme Court rejects PIL for mandatory disclosure of drug side effects by doctors
Kerala-based naturopath Jacob Vadakkanchery wanted that all medical professionals should specify the side effects in an additional slip in the regional language along with the prescription. The Bench led by Justice BR Gavai said if this practice is followed, then the general practitioners would not be able to attend more than 10-15 patients if this was followed. It was «not practical at all» and for every patient there are different medicines, the apex court said.
14.11 / 14:15
markets UPS security Strategy Trade country guidelines Two logistics firms selected to set up ecommerce export hubs on pilot basis around Delhi
Logistics aggregator Shiprocket and air cargo handling company Cargo Service Centre (CSC) have been selected by the government on a pilot basis to set up ecommerce export hubs in the country, a senior official said on Thursday. The ecommerce export hubs (EECH) will come in and around Delhi airport and begin operations in February next year, Director General of Foreign Trade Santosh Kumar Sarangi told reporters here. While Shiprocket is headquartered in Gurugram, the CSC is Mumbai-based.
14.11 / 14:15
markets UPS Digital Platform reports Interviews Q2 earnings special: Delhivery, FirstCry, Mamaearth, Rapido, Noise
Also in the letter: ■ NR Narayana Murthy’s interview with ET ■Uber India rolls out new features
14.11 / 14:15
markets UPS Art Analysis Trade Experts Allcargo Logistics Q2 Results: Net profit zooms 161% to Rs 37 crore
Allcargo Logistics has clocked a net sales of Rs 689.80 crore in Q2 of FY25 up 79.43% from Rs 384.43 crore in Q2 of FY24. The quarterly net profit of the company stood at Rs 36.99 crore in Q2 of FY25 up 161.04% from Rs. 14.17 crore in Q2 of FY24. EBITDA of the company stood at Rs 30.66 crore in September 2024 up 28.02% from Rs 23.95 crore in September 2023.
14.11 / 14:15
markets UPS Analysis Trade Experts reports Hero MotoCorp Q2 Results: Standalone profit rises 14% YoY to Rs 1,204 crore, revenue up 11%
Hero MotoCorp on Thursday reported 14% growth in its standalone net profit at Rs 1,204 crore in the second quarter. It was Rs 1054 crore in the year-ago quarter. Revenue from operations in the reporting period rose 11% YoY to Rs 10,463 crore.
14.11 / 14:15
markets COST Digital Experts AVP reports Happiest Minds profit dips 15.3% on salary hikes, investments
Happiest Minds Technologies reported a 15.3% year-on-year (YoY) fall in net profit at Rs 49.5 crore for the September quarter (from Rs 58.5 crore a year ago) dented by higher investment costs during the quarter. Sequentially, the profit fell 3% from the first quarter’s Rs 51 crore profit. Revenue for the second quarter jumped 28.3% YoY and 12.5% quarter-on-quarter (QoQ) to Rs 521.64 crore. The drop in profit was primarily due to salary increments for most of its employees rolled out from July 1, impacting 2.30% of its profitability, the addition investments towards its new sales team and into its GenAI business.
14.11 / 14:15
markets Google security Strategy recommendations medicines Understanding weight-related risks in type 2 diabetes
1 According to the records, 1 in 7 of all diabetics in the world currently are from India.2 It is anticipated that by 2045, 134 million people will be affected by diabetes.3 Diabetes is usually split into type 1 and type 2. Type 1 diabetes is becoming more common, yet it is still not widespread in India. On the other hand type 2 diabetes (T2D) affects 90–95% of diabetics in India.1
14.11 / 12:51
markets UPS Google Apple Trade reports Sonos begins a very long road back
Subscribe to enjoy similar stories. There’s never a great time to infuriate your most loyal customers. For Sonos, the timing couldn’t have been worse.
14.11 / 12:51
markets UPS security Election wellness reports Why Goldman stands out as a Trump-era winner on Wall Street
Subscribe to enjoy similar stories. Donald Trump’s election has unleashed big hopes in the market for dealmaking, regulatory easing and private credit. Together, all that would put some extra shine on Goldman Sachs.
14.11 / 12:51
UPS Provident Waters BURST performer recommendations rights Buying guide: Everything you need to know about the best room heaters for every budget and space
Looking for the best room heater for your requirement? See our top recommendations for this winter season Choosing the right room heater based on room size is essential for both efficiency and comfort. The wattage of a heater plays a key role in its heating ability, and selecting the correct size ensures you're getting the most out of your heater without wasting energy.For smaller rooms (up to 100 square feet), a heater with a power rating between 1000W to 1500W is usually sufficient.
14.11 / 12:37
markets Provident Aviat security Mobile Experts International eVTOL player ePlane raises $14 million, anticipates parallel aviation industry & new jobs
ePlane Company, incubated at IIT-Madras and aiming to become one of the main players in India’s electric vertical takeoff and landing (eVTOL) mobility sector, on Friday announced the closure of a $14 million funding round. With this funding, ePlane is poised to become the largest-funded eVTOL player in India, the company said in a statement. Founder of the startup and IIT-Madras aerospace engineering professor Satya Chakravarthy told ET that the government's support and announcement of certification standards have helped strengthen investor confidence. “Among the new investors, we can clearly see that their conviction about air taxis is much stronger compared to their interest in just commercialising drones,” he said. The Series B round was co-led by Speciale Invest and Antares Ventures, with continued participation from Micelio Mobility, Naval Ravikant, Java Capital, Samarthya Investment Advisors, Redstart (from Naukri), and Anicut.
14.11 / 12:37
markets Digital Platform Entertainment Strategy stars Sporting RIL, Viacom18 and Disney complete merger to create a Rs 70,352 cr JV
Reliance Industries Limited, Viacom18 Media Private Limited, and The Walt Disney Company announced on Thursday that the merger of Viacom18's media and JioCinema businesses into Star India Private Limited (SIPL) is now officially effective. The transaction values the joint venture at Rs 70,352 crore (~US$ 8.5 billion) on a post-money basis, excluding synergies. At the closing of the transactions, the JV is controlled by RIL and owned 16.34% by RIL, 46.82% by Viacom18 and 36.84% by Disney. The JV will be led by Nita M. Ambani, Chairperson, and Uday Shankar, Vice Chairperson, who will offer strategic guidance.

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