Performer Financial News
24.10 / 06:11
WhatsApp
Deloitte
Nestle
performer
Returns
Byju’s CFO Ajay Goel steps down, returns to Vedanta
Byju's, operated by Think & Learn Pvt Ltd, in April 2023, after a multi-year search for a chief financial officer. “I thank the founders and colleagues at BYJU’S for helping me assemble the FY22 audit in three months. I appreciate the support received during a short but impactful stint at BYJU’S," Goel said in a statement.
24.10 / 06:11
Target
FIVE
Fighting
Remark
performer
reports
Seat-sharing talks in INDIA bloc still hanging after more than 50 days
Lok Sabha elections but the talks on seat sharing formula still hanging in the air. This year more than dozens of Indian opposition parties formed an alliance called "INDIA" to challenge Prime Minister Narendra Modi's ruling Bharatiya Janata Party (BJP) in parliamentary elections next year. The INDIA bloc is an alliance of 28 political parties.
24.10 / 04:17
UPS
Pride
performer
classical
dance
Kunal Bothra’s Dussehra tips: If Tata Motors=ego & fear=Sun Pharma, what is Reliance?
Kunal Bothra, kunalbothra.co.in, says “there are a few largecap stocks which are magnets and attract the attention of many investors, Reliance Industries and HDFC Bank arouse a sense of attachment. Both of these stocks are of excellent quality .For me, it is Reliance Industries. Elephants do not dance every day and Reliance is one such elephant but when it does, I think it is going to be party time for the entire market.” When you talk about the 10 heads of Ravan, one of the emotions they highlight is ego. How do you see that ego factor coming in the market? Is there anything specific one should avoid? Ego, I will probably twist it in terms of pride and one of the stocks which according to me fits perfectly at least for me is Tata Motors. I will go back to the 2020 Covid period. From the point when the markets made a bottom to the point when the markets started to rally, I was pretty late in identifying many of the larger cap names but then Tata Motors used to just stand out as one of the classical charts. Just to give you an example: many of the other stocks were giving weekly chart breakouts but Tata Motors gave a monthly and a quarterly chart breakout. This was like an unmissable trade for Tata Motors. I still hold on to that stock and that has become more like a pride to me, so I will probably term it as ego.
24.10 / 04:17
Continental
performer
Asian Para Games: Prachi Yadav continues to shine, clinches gold in Canoe women's KL2 event
Prachi Yadav clinched a gold medal in the Canoe women's KL2 event to ensure the flurry of medals continued in the ongoing 4th Asian Para Games on Tuesday. After bagging a silver on Day 1 in the women's VL2 final, she topped the women's KL2 event with a timing of 54.962s. China's Shanshan Wang took away the silver medal with a timing of 55.674s.
24.10 / 04:09
Align
WhatsApp
Celebrity
performer
singer
RSS organises 'Path Sanchalan' on occasion of Vijayadashami Utsav in Nagpur, singer Shankar Mahadevan as chief guest
ANI, “I want to extend my greetings to everyone on the occasion of Vijayadashami. I am very honoured & privileged that I have been welcomed as a chief guest at this function.
24.10 / 04:09
UPS
Citi
Citizens
Entertainment
Celebrity
performer
Mumbai
From Delhi to Mumbai: Ravan Dahan celebrations on Dussehra! Eight must-visit places to witness the effigy burning
Ravan Dahan on Dussehra. Take a look at state-wise Ravan Dahan tradition in India, 1) Delhi: One of the best spots to witness the Dussehra celebrations is on the grounds of the Red Fort in Delhi. The Ravan Dahan is a component of this magnificent festival.
24.10 / 03:19
Williams
Netflix
Continental
Opera
performer
stage
rock
Barcelona opera house introduces intimacy director for safer & respectful stage interactions
BARCELONA — Barcelona's opera house has hired an "intimacy director" to ensure performers are comfortable taking part in passionate scenes, in a first for Spain and a rarity for continental Europe. The role's creation comes after the #MeToo movement rocked the movie industry but also the opera world with sexual harassment accusations. Intimacy director Ita O'Brien will oversee William Shakespeare's adapted play, 'Antony and Cleopatra', which opens at Barcelona's Gran Teatre del Liceu opera house on Oct. 28.
24.10 / 03:19
COST
Provident
Strategy
performer
reports
travelers
Being light on assets gives hotel chains a lift at the bottom line
Hotel chains in India have focused on the asset-light model over the past decade to drive profitability. But has the strategy delivered results? An analysis of the financials over the past eight years, which typically forms the industry cycle for hotels, reveals that the listed large and medium-sized hotel companies reported better profitability during the period, underscoring the effectiveness of having a lighter balance sheet. In an asset-light model, instead of owning properties, hotel companies adopt the franchise route thereby reducing capital investment.
24.10 / 02:01
COST
UPS
Align
President
band
performer
reports
NOT
HCLTech may not offer wage hikes to middle and senior-level staff in FY24
HCLTech, India’s third largest IT services company, is set to start its wage-hike process, excluding the middle- and senior-level employees of the current cycle to reflect the growth constraints faced by the $250-billion industry. “We will move forward with compensation reviews for employees in E0 to E3 bands. The effective date for increases will be retroactive to Oct 1, 2023 for E0 – E2 and effective Jan 1, 2024 for E3," the company’s chief people officer Ramachandran Surdararajan said in a communication to all employees. The formal communication email has been reviewed by ET.
24.10 / 02:01
UPS
FIVE
Aware
Gap
performer
reports
valuation
Torrent talks for $7 billion Cipla buyout trip on valuation
Torrent Pharma’s bid to acquire the stake of the promoter, the Hamied family, in Cipla has stalled over valuation differences, said people with knowledge of the matter. That has derailed plans to create one of India’s biggest pharmaceutical companies, at least for now. The third generation of the Hamied family had been in discussions with their counterparts, the Sudhir and Samir Mehta family of Torrent Pharma. Negotiations have been suspended by mutual agreement and may be revived later, said the people cited. The bid-ask gap is 15-20%, which appears to stem from the surge in Cipla shares since news of a potential stake sale by the Hamieds became public.
23.10 / 22:55
Career
BEAS
film
show
performer
stars
Elizabeth Hoffman passes away at 97. Check out her notable performances
Elizabeth Hoffman, famous for her role as Beatrice Reed Ventnor, the mother of the daughters in the NBC drama 'Sisters,' has died at the age of 97. She passed away on August 21 due to natural causes at her home in Malibu, as confirmed by her son, Chris. Hoffman's notable roles included portraying Eleanor Roosevelt in the miniseries 'The Winds of War' (1983) and 'War and Remembrance' (1988-89). She also played Meryl Streep's mother in 'The River Wild' (1994) and an elderly character named Ruth in 'Dante's Peak' (1997). In 'Sisters,' Hoffman's character, Bea, kickstarts the story as her four daughters reunite to care for her after she turns to alcohol to cope with her husband's passing and sells the family home. She appeared in 87 out of the show's 128 episodes during its six-season run from 1991 to 1996. Born on February 8, 1926, in Corvallis, Oregon, Hoffman began her acting career in theater before making her on screen debut in 1980 with a role on 'Little House on the Prairie.' She also appeared in 'Matlock' and 'Stargate SG-1' in the late 1980s and 1990s. Hoffman's film credits include 'Fear No Evil' (1981), 'Nuts' (1987), and 'Born on the Fourth of July' (1989). She also made appearances on various television shows such as 'The Greatest American Hero,' 'The A-Team,' 'Hunter,' 'L.A. Law,' 'Star Trek: The Next Generation,' and 'Thirtysomething.' Her theatrical work featured performances in Tennessee Williams plays and the role of a woman who takes in a young Jewish girl in Diane Samuels' 'Kindertransport.' She is survived by her sons Chris and Paul, as well as her grandchildren Erica, Alison, Lauren, and Lily.
23.10 / 20:45
BTC
Digital
Software
Remark
MicroStrategy
performer
MicroStrategy’s BTC Holdings Flip Green as Bitcoin Climbs to $30,000 – Will Billionaire Michael Saylor Keep Buying?
Popular Bitcoin advocate firm MicroStrategy is witnessing a remarkable increase in the value of its extensive Bitcoin holdings, which exceed 150,000 BTC. This surge in value is due to the recent resurgence of the leading cryptocurrency.
23.10 / 19:05
Manufacturing
WhatsApp
performer
Department
Gold seizures in poll-bound states rattle industry
MUMBAI : India’s gold trade is staring at a potential loss of ₹6,000 crore this festival season as authorities clamp down on transport of the precious metal in poll-bound states, an industry official said. Law enforcement agencies have seized gold consignments in Madhya Pradesh, Telangana, Rajasthan and Chhattisgarh, major consuming centres of gold where the model code of conduct is in place.
23.10 / 18:43
ETF
Progressive
Bitcoin
performer
stage
country
cover
Basel Unveils Proposal on Cryptocurrency Exposure: Projected Impact on Bitcoin SV and VC Spectra Pricing
The Basel Committee on Banking Supervision (BCBS) has created a proposal for the banks it oversees to reveal their crypto exposure from 2025. What does this mean for the crypto market? Does this impact Bitcoin SV (BSV) and the brand-new VC Spectra (SPCT)?
23.10 / 17:45
UPS
Lowe's
WhatsApp
performer
reports
Torrent Pharma net profit up 24% to ₹386 cr in Q2
Torrent Pharmaceuticals Ltd on Monday reported a consolidated net profit of ₹386 crore for the September quarter up 24% from a year ago, while revenue rose by 16% from ₹2,291 crore a year earlier to ₹2,660 crore. Its earnings before interest, taxes, depreciation and amortization (Ebitda) was at ₹825 crore, with 32% ebitda margin. Net profit margin was at 14.5% for the period.
23.10 / 16:05
COST
Provident
Software
TCS
NVIDIA
performer
country
Returns
LIVA offers a useful new way to assess returns on equity capital
Tata Consultancy Services (TCS) shares at the time of its listing on Indian stock markets for public trading back in 2004, what returns would you have generated? According to TCS chairman, N Chandrasekaran, TCS shares had provided a whopping 3,000% return (bit.ly/3PgXEgF) by a certain point in 2021 when the stock traded at around ₹3,200 per equity share (the price is even higher now). How does one explain such a staggering number and what is the quickest way to calculate returns for any company’s stock, for any period, and in any context? The answer could be LIVA: Long-term Investor Value Appropriation (bit.ly/3CqEz3F), a metric developed by Phebo Wibbens and Nicolaj Siggelkow at INSEAD, which is an acronym for Institut Europeen d’Administration des Affaires, a business school, and the Wharton School of the University of Pennsylvania, respectively.
23.10 / 14:51
Art
Digital
Platform
performer
social
innovations
information
The Future of Leadership in Shaping Organizational Behaviour
Leadership has evolved from traditional hierarchical models to more inclusive and adaptive approaches. The future of leadership will continue to reflect these changes in several key ways: Best Professional Courses on Leadership
23.10 / 14:51
CEO
SENSEX
SLB
performer
Inside
Is the stock market closed for Dussehra on Tuesday?
Dussehra. Accordingly, all the segments including, the equity segment, derivative segment, and SLB segment will be closed. The multi-commodity exchange will also be closed for the morning session but will open for trading in the evening session (5-11:30 p.m.).
23.10 / 14:51
Landmark
love
show
performer
stage
audience
Eddie Redmayne and Gayle Rankin bring 'Cabaret' to life on Broadway
Broadway stage is set to ignite with the captivating performances of Eddie Redmayne and Gayle Rankin as they take on the iconic roles of The Emcee and Sally Bowles in the immersive production of «Cabaret» at the August Wilson Theatre. Following the sensational success of the London production with Redmayne and Jessie Buckley, the arrival of «Cabaret at the Kit Kat Club» on Broadway has generated significant anticipation within the theater community. Helmed by director Rebecca Frecknall, the production promises to transport audiences to the decadent world of Weimar Germany, weaving a narrative of passion, defiance, and resilience against the backdrop of a society on the brink of transformation.
23.10 / 14:21
UPS
Boeing
awards
performer
exits
Lockheed exits US Air Force tanker competition; lifting Boeing's KC-46
Lockheed Martin Corp has withdrawn from the U.S. Air Force's competition to build at least 75 refueling tankers, the company said, giving Boeing's KC-46 Pegasus a boost in the closely-watched multi-billion dollar Air Force contract. Airbus had teamed up with Lockheed in 2018 to offer its A330 multi role tanker transport, but now the French aerospace giant must decide if it will pursue the competition without Lockheed. Airbus did not immediately respond to a request for comment. «Lockheed Martin has decided not to respond to the U.S.
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