Beyond Financial News

CNBC-TV18, Infosys founder N.R. Narayana Murthy reaffirmed his advocacy for a 70-hour work week, defending his stance amidst considerable public debate.

Lululemon Athletica, founder, Chip Wilson, recently reignited controversy with pointed remarks about the brand's trajectory, specifically aiming for its commitment to diversity and inclusion. In an interview with Forbes, Wilson expressed stark opposition to Lululemon's pursuit of catering to a wide-ranging audience, likening this strategy to an attempt to emulate the universal appeal of retail giant Gap.

A court in Argentina has delivered a blow to labor rule changes announced by President Javier Milei as part of sweeping deregulation and austerity measures aimed at reviving the country’s struggling economy

Stocks fell for a second day, with the S&P 500 dropping by around 80 bps. The index gapped lower, unwinding the big buy imbalance at yesterday’s close.

Rajat Rajgarhia, Director, Motilal Oswal Financial Services, says “one thing that we got taught last year was that while top-down, India is very good, the opportunities on the bottom-up are fantastic. If you pick the right sectors, right stocks, there are many compounders, there are many large ones in the making and that is where the effort is mainly focussed upon which is what last year's index was 20%, but the broader market were a lot larger. I do not see that pattern changing, neither this year, nor for the next few years to come.” 2023 was like a great year, it may not repeat itself. So, what should be the basic approach for 2024 — capital preservation or appreciation? Rajat Rajgarhia: When you look at equities as an asset class, you always want appreciation. And if you look at the index as a year, for the year last year, we were up about 18-20%.

Women with exemplary skills and resilience have achieved significant milestones, breaking barriers in various sectors. Droupadi Murmu's historic presidency, Arundhati Bhattacharya's influential role at SBI, and Falguni Nayar's ascent to self-made billionaire status exemplify these achievements. Beyond headlines, women contribute to households, societies, and corporate landscapes every day. Despite their contributions, persistent stereotypes, such as being labelled poor drivers or inefficient investors, persist. Nevertheless, women have shown remarkable progress continually.

Mint takes a look into why that might be so, and why RBI needed to update the rules. The proposed framework seeks to tie payout ratios to net non-performing asset ratios, in place of the existing grid-based framework that links capital adequacy levels and net NPA ratio. RBI has tightened the NPA criteria for banks to be eligible to pay dividends.

Mercer Global Advisors has acquired Transitions Wealth Management, a registered investment advisor in Denver that manages $465 million in assets for more than 400 clients, the firm said Wednesday.

Amber Group company, has acquired 60% stake in Ascent Circuits Pvt. Ltd.

arson, robbery and rioting, saying the charges were proved beyond a reasonable doubt. The court also held another accused guilty of dishonesty and receiving stolen property. Additional Sessions Judge Pulastya Pramachala was hearing a case against Noor Mohammad alias Noora and Nabi Mohammad.

DA Davidson analysts assert that NVIDIA (NVDA) plays a crucial role as a leader in accelerated computing, projecting an impressive 20% compound annual growth rate (CAGR) from 2022 levels across cycles.

top essay helpers were skilled writers, affordable prices, easy ordering processes, user-friendly interface and helpful customer support agents. Here are the top five picks of websites for essay writing: Let’s discuss in detail what makes theseUK-based essay writing services popular among students. The prominent features of these companies have been covered here as well.

India's top gas importer Petronet LNG is likely to sign a deal this month to extend its long-term liquefied natural gas (LNG) imports from Qatar to beyond 2028, India's Oil Secretary said on Wednesday. Petronet has a 7.5-million metric ton per year (tpy) long-term LNG import deal with Qatar and its promoters Indian Oil Corp, Bharat Petroleum Corp and GAIL (India) Ltd has a 1 million tpy deal. Indian companies had until the end of 2023 to negotiate with Qatar for renewal of the deals to beyond 2028. «We are pretty close to signing the deal,» Oil Secretary Pankaj Jain told reporters. Qatar, the world's top LNG exporter, aims to expand its liquefaction capacity to 126 million tpy by 2027 from 77 million and has signed long-term deals with European majors Shell, TotalEnergies and ENI. It has also signed long-term gas deals with China's Sinopec, China National Petroleum Corp and Bangladesh.

DB Realty, stands as a beacon of leadership in the Indian real estate arena. Born in 1959 in Kolkata, his journey from the vibrant city to the bustling metropolis of Mumbai marked the beginning of a career that seamlessly blended academic brilliance, sporting prowess, and visionary leadership. This article explores the early life, professional achievements, and enduring values that define Vinod Goenka's leadership, with a particular emphasis on luxury, lifestyle, and his commitment to sustainability.

NEW DELHI : The Indian spirits market, which navigated through a complex year due to tax hikes, state elections, and policy shifts in 2023, is expected to see a flat growth in 2024. While major players are likely to find solace in the premium segment, smaller regional companies are poised to steal the spotlight with faster growth compared with their larger counterparts. The hangover from 2023 challenges could linger amid sharp tax increases in states like Karnataka and the dampening effect of elections across nine states.

Roshan Thomas has resigned from the company adding to the spate of senior-level exits at the trouble edtech firm over the past few months. Thomas, a former Shardul Amarchand Mangaldas partner had joined Byju’s in 2021.

Brazilian President Luiz Inácio Lula da Silva likes to boast he had a good first year after returning to the job

Menendez, is accused by federal prosecutors of accepting racing car tickets and other gifts from Qatar as part of a corruption plot, as reported by CNN. The Gulf State is the second foreign government the Democrat from New Jersey is accused of aiding while in office, along with Egypt.

Asian shares extended a global sell-off on Wednesday while the dollar held gains as market optimism about early and aggressive U.S. interest rate cuts ebbed ahead of the release of Fed minutes and jobs data. MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.1% after a 1.0% drop the previous day in a sluggish start of the new year.

Quiver Quantitative — Rivian Automotive (NASDAQ:RIVN) faced a challenging close to 2023, missing fourth-quarter delivery targets and witnessing a sharp decline in its share value. The electric vehicle (EV) maker delivered 13,972 vehicles in the quarter, falling short of the anticipated 14,430 units. This underperformance, attributed to heightened competition and soaring interest rates in the U.S., prompted a nearly 10% drop in Rivian's stock.

Multi-year-high tax buoyancy recorded in the first half of FY24 by the Centre raise questions about how much of the spurt is attributable to higher revenue productivity, and the use of the implicit price deflator.