Innovations Financial News
01.12 / 14:57
Digital
CEO
Rhythm
President
beautiful
innovations
reports
HUL splits beauty and personal care biz to take on new-age brands
NEW DELHI : Hindustan Unilever Ltd is splitting its beauty and personal care business into two, one dedicated to beauty and wellbeing and the other to personal care, as it looks to take on younger, mostly digital-focused companies that are challenging the incumbents. With the transition, effective 1 April, HUL’s beauty and personal care business structure will mirror that of parent Unilever, which too has beauty and wellbeing (B&W), and personal care (PC), as separate divisions. HUL’s beauty and personal care division contributed 37% of its revenue in FY23, with brands such as Lifebuoy, Lux, Sunsilk, Clinic Plus, Dove, Lakmé, Pond’s, and Closeup.
01.12 / 13:06
Compilation
economy
Citigroup
Nov
show
innovations
2020
500
S&P 500 up almost 9% in November, but is Big Tech a risk?
The US stock market just posted its best month in almost a year and a half, and one of its best Novembers in decades, defying skeptics and fueling hopes for more gains to come.
01.12 / 12:22
Provident
Platform
Strategy
Experts
country
cover
innovations
GVFL and Brinc Enter Strategic Partnership to Launch Multi-sector Startup Accelerator
India, 1st December, 2023: Brinc, a global venture accelerator with a focus on innovative technologies, and GVFL Limited (GVFL), one of the oldest sector-agnostic venture capital firms in the country, announced the launch of the A4X accelerator program. Designed to support startups across the following four strategic themes, the programs are set to leverage growth in Gujarat and the rest of India.
01.12 / 09:51
CEO
Pool
innovations
reports
After BCG advisory role, ex-TCS CEO Gopinathan joins IIT Bombay as head of entrepreneurship
IIT) Bombay has appointed former Tata Consultancy Services (TCS) CEO Rajesh Gopinathan as head- translational research and entrepreneurship and professor of practice, the premier institute said on Friday. A translational research centre to support transition of IP from lab to industry was created recently. The new position of head, translational research and entrepreneurship has been created to further accelerate these initiatives, said the institute.
01.12 / 09:49
Target
Action
ByteDance
social
innovations
2020
reports
Jack Ma's Alibaba briefly loses China e-commerce crown to rival PDD, marks shift in industry
stock positions occurred during Thursday's (November 30) trading session, where Alibaba's market value slipped below that of PDD. This is a significant turn for an industry Alibaba once dominated for over a decade. During Hong Kong intraday trading, Alibaba experienced a 1.4 percent decline, causing its market value to briefly fall to around $187 billion, momentarily placing it beneath US-listed PDD Holding's valuation of $188.3 billion, Bloomberg reported.
01.12 / 04:49
01.12 / 01:29
Mobile
economy
ICE
President
country
innovations
reports
JSW, SAIC ink JV to run MG Motor operations in India
JSW Group and SAIC Motor announced an India joint venture aimed at expanding the operations of MG Motor, owned by the Chinese company, in the country. JSW will hold a 35% stake in the joint venture, they announced on Thursday. «Our strategic collaboration with SAIC Motor aims to grow and transform the MG Motor operations in India with a focus on green mobility solutions,» the JSW Group's Parth Jindal said in a media release.
01.12 / 01:13
01.12 / 00:41
Manufacturing
CEO
Tesla
Porsche
show
stage
innovations
Tesla delivers about a dozen stainless steel Cybertruck pickups as it tries to fix production woes
With manufacturing kinks still to be worked out, Tesla has delivered the first dozen or so of its futuristic Cybertruck pickups to customers
30.11 / 23:05
ETF
Remark
President
performer
innovations
2020
surges
Cathie Wood's ARKK ETF Surges 31%: A November to Remember Despite Investor Caution
Quiver Quantitative — Cathie Wood's ARKK Innovation ETF (ARKK) has experienced a remarkable surge in November, posting a record 31% gain. This significant uptick is fueled by investor optimism over potential US interest rate cuts in 2024, driving growth in riskier assets. ARKK's impressive performance mirrors the success Wood achieved in 2020 with ARK Investment Management. However, the current financial inflows to ARKK, approximately $150 million in November, are modest compared to the billion-dollar monthly inflows witnessed during its peak.
30.11 / 23:05
Target
CEO
Tesla
show
innovations
Tesla begins deliveries of Cybertruck, with starting price of $60,990
Investing.com – Tesla Inc (NASDAQ:TSLA) started deliveries of its Cybertruck electric pickup on Thursday, with a starting price of $60,990 as CEO Elon Musk bets big on electric truck segment.
30.11 / 20:41
BLOCK
ETF
coinbase
Tesla
performer
innovations
2020
Cathie Wood’s Innovation ETF is up more than 30% in November, on pace for its best month ever
Cathie Wood is about to notch her best month ever as her holdings of innovative technology stocks roared back from steep losses in the midst of declining Treasury yields in November.
30.11 / 17:59
CEO
Gap
Experts
Pride
innovations
Industry powerhouses team up to launch holistic wealth management firm
Integrated Partners, a $12.7 billion national registered investment advisor, has linked up with California-based accounting and advisory firm Windes to launch a new wealth management business.
30.11 / 17:34
Provident
Target
Strategy
Tesla
Experts
performer
innovations
Pro Research: Wall Street dives into Enphase Energy's solar dynamics
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30.11 / 15:59
30.11 / 15:49
Provident
Target
Digital
Platform
Strategy
audience
innovations
Northern Ireland's Web Design Excellence Now Available to Indian Market
ProfileTree, now extending their reach to India. This expansion is a testament to the global demand for innovative and effective web design solutions known for their creative flair and technical excellence. In a significant expansion of digital services, ProfileTree now offers specialized web design and digital marketing solutions to Indian businesses and entrepreneurs, specifically designed to target markets in the UK and Ireland.
30.11 / 15:49
Citi
Digital
CEO
Strategy
economy
Align
Royal Family
innovations
MIRAI JMAC and the Royal Family Office of UAE Launch USD 1.5 Billion Investment Fund for ASIA-USA-UAE Corridor
Dubai, United Arab Emirates & San Francisco, United States & New Delhi, Delhi, India – Business Wire India MIRAI JMAC, a leading advisory and consulting firm, announced the creation of MIRAI Capital Global with an initial corpus of USD 1.5 Billion in a strategic partnership with the UAE Royal Family Office (RFO) of H.H. Sheikh Ahmed Bin Faisal Al-Qassimi.
30.11 / 13:27
CEO
Align
Enterprise
Celebrity
voice
exclusive
innovations
Happy birthday ChatGPT! Unpacking how OpenAI's conversational AI simplified our lives this year
ChatGPT exactly one year ago. The tweet suggests that the team was likely putting the finishing touches on the innovative language model late into the night before its much-anticipated debut. Altman expressed amazement at the incredible journey that has unfolded since that pivotal moment, highlighting the eventful and transformative year ChatGPT has experienced.
30.11 / 10:46
Dash
Actor
actress
innovations
stars
reports
Ahead of 'Sam Bahadur' release, Vicky Kaushal turns writer for Zomato; Abhishek Bachchan praises actor for 'setting the bar high'
Kaushal has come a long way. The ‘Uri’ star has collaborated with food delivery giant Zomato, for an advertisement where he will be seen in a completely different avatar — that of a writer! The ad is a tribute to India’s first Field Marshal, Sam Manekshaw. In the video, the actor is seen crafting notifications for the app. From coming up with ingenious breakfast requests to discussing pizza topping preferences! While coming up with innovative notifications, the star is also seen requesting the viewers to watch his upcoming movie ‘Sam Bahadur’ in the theatres. As per a report by StoryBoard18, the app also held a special screening party of the movie for its employees in Delhi.
30.11 / 10:46
Provident
Career
Software
Experts
country
innovations
Department
Building Future's Aerial Defenders: IIT Guwahati's course for Armed Forces on Drone Technology
Drone Technology for Junior Commissioned Officers (JCOs) and Other Ranks Officers (OR) will be extended to in due course. Implemented by the Centre for Educational Technology (CET), Centre for Intelligent Cyber Physical Systems (CICPS), Centre for Drone Technology and IIT Guwahati Technology Innovation and Development Foundation (IITG TIDF), the primary objective of this programme is to modernise the armed forces operations, provide state-of-the-art skills for drone operations and utilities and facilitate a smooth transition for the armed forces as they consider post-retirement career options in the rapidly expanding drone technology sector. Prof. Parameswar K.
30.11 / 09:23
CEO
Mobile
Enterprise
innovations
reports
Karnataka New EV Policy 2023-28: EV stakeholders eye buyers-centric subsidies
Karnataka Government is ready with the final new EV Policy and doing touch-ups before the release, which is scheduled for two weeks, according to a report by the Economic Times. "This proposed policy aims to transform Karnataka into a pioneering force in the field of electric mobility, embracing sustainable practices and equitable growth while fostering innovation and creating a robust ecosystem for EVs throughout the state," Minister for large and medium industries and infrastructure development, M B Patil, said while addressing the ideation session of the Policy, as reported by PTI.
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