Performer Financial News

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Rohit Sharma has hinted that the team is open to more changes if required. "As a spinner-all-rounder, Ashwin is in the line.

Association of Mutual Funds in India (Amfi) showed. Apart from inflow, the asset base of Gold ETFs and investors' account or folio numbers increased in the period under review. According to data, gold-linked ETFs have seen an inflow of Rs 1,028 crore in August. This came following an inflow of Rs 456 crore in the segment in July.

Apprenticeship. The stipend is expected to range from Rs 12,500 to Rs 13,300 per month. One of the significant factor contributing to this growth is the extension of the Production-Linked Incentive (PLI) scheme for the automotive sector. Originally scheduled to run from 2022-23 to 2027-28, this scheme's extension promises to usher in a new era of growth and increased employment opportunities within the sector. The data has been gathered after a careful assessment of industry relations and an in-depth understanding of the apprenticeship market's demand dynamics. The anticipated boom in apprentice recruitment can be largely attributed to the sector's robust performance, which is influenced by macroeconomic factors and positive industry sentiments across all its segments. To meet the demands of the industry, upskilling and re-skilling initiatives have become a very important factor. Due to the dynamic nature of the industry, pursuing degree-linked apprenticeships in the automotive sector are emerging as a solution, offering access to sought-after roles such as Automotive Service Technicians, Assembly Line Operators, and Shopfloor Engineers. This is being done to align with technological transformations such as EVs and connected-car technologies. This trend is evident in various regions, including the states of Gujarat, Uttarakhand, Madhya Pradesh, and metropolitan cities like Pune, Chennai, and Bengaluru.

Generative AI is poised to impact labour markets significantly while enhancing creativity and automating routine tasks for future jobs, a new study paper said on Monday. Releasing the white paper on how AI (artificial intelligence) will affect the jobs of tomorrow, the World Economic Forum said businesses and governments must take proactive steps to prepare for the effects of AI in the workforce, including creating an adaptable workforce and implementing systems that facilitate job transitions.

A London executive earning £1 million ($1.9 million) a year is suing his investment firm, claiming it gave him such an unreasonable amount of work he fell into a deep depression and has been unable to work for three years.

BHP has warned investors dividends will suffer under the Albanese government’s “same job same pay” agenda, which the miner expects will strip more than $1.3 billion from its annual earnings based on a conservative reading of the bill, equivalent to 5000 jobs.

Unified Payment Interface, commonly known by its acronym ‘UPI’, is one of the most popular payment systems in India. The ease of use and secured platform make it a preferable choice for users. There are many UPI apps to help you transact funds hassle-free.

bread toaster is heating components that produce regulated heat to brown the bread's surface, giving it the desired crunch and golden colour. To suit a variety of tastes, modern bread toasters come with a number of functions. The intensity of toasting may be changed using the adjustable browning settings, which range from gently golden to deep brown.

Rohan Verma, CEO & MD, MapmyIndia, says “the Mappls app is totally free. We of course have a healthy B2B and B2B2C business to automotive OEMs, corporates, government, tech players, etc. Overall, the company’s in a strong financial position and we are able to offer a free solution that gives to consumers what they want and it complements our paid solutions business.”I have been speaking to some common friends who are big investors in your company. They are of the view that MapMyIndia is at a multi-year cusp of exponential growth. What has changed in the last six months that markets are deriving this kind of confidence?Probably we are a new type of company; we are a deep tech product and platforms digital map-based company and it probably took a little bit of time for both the markets to understand as well as for us to explain what are the different use cases and growth vectors for the company.

Rohan Bopanna, hockey great P R Sreejesh and TT legend Sharath Kamal, are gearing up for one last hurrah at the Asian Games. Both Sharath and Rohan are still pulling off world class performances in their 40s while 35-year-old Sreejesh remains the proverbial wall of the Indian hockey team. The other big names who are expected to say goodbye to the continental event include wrestling veteran Bajrang Punia, squash star Dipika Pallikal, tennis player Ankita Raina and discus thrower Seema Punia. All of them might be in the twilight of their careers but remain medal contenders at the Games.

Atul Suri, CEO, Marathon Trends, says “the whole PSU move is a decadal shift. There is a decadal shift in sectors and themes. Engineering, infra, construction never moved post 2008. So, when they move, they tend to be rather sticky. We have learnt this from the 2003-2008 period. A similar set of sectors were moving, similar themes were playing out and that was a phenomenal bull market and it kept surprising us. Ultimately, it lasted five years.”Who would have thought that PSUs would be where they are? It is at a record high for the PSU banking index. I know the majority of the indices are close to their record highs but are you surprised by this move?Yes, the surprise is the follow-up.

₹66 to ₹70 per equity share of face value of ₹10 each. Madhusudan Masala IPO lot size is 2,000 equity shares and in multiples of 2,000 equity shares thereafter. Madhusudan Masala IPO, which is worth ₹23.80 crores, is completely a fresh issue of 3,400,000 equity share; there is no offer for sale (OFS) component.

While India's victory over Sri Lanka in the Asia Cup 2023 final showcased a team in prime form, it also exposed an ongoing selection dilemma concerning the spin all-rounder spot for the upcoming ODI World Cup. India's conquest in Colombo was nothing short of a cricketing masterclass. Led by Mohammed Siraj's six-wicket haul and Hardik Pandya's three wickets, Sri Lanka were skittled out for just 50 runs.

Madanagopal Ramu, fund manager and the head of equity at Sundaram Alternate Assets believes the rich valuations in specific segments of mid and small-cap space are the biggest risk for the markets. In an interview with Mint, he said one can hold some cash at this time and invest in stocks with long-term growth potential during corrections. Crude price historically is a short-term cyclical factor and a difficult one to judge. We always see market corrections due to crude, typically, as an opportunity to invest and in portfolios, we make use of this correction to invest in some good opportunities, which we would’ve stayed away from due to valuations.

Global Biofuel Alliance. A total of 19 countries and 12 international organisations have agreed to join the alliance with India, USA, and Brazil, the founding member countries. The alliance is aimed at creating and promoting the adoption of biofuels and expanding bioenergy access across the world.

Investors and traders should consider a cautiously bullish stance on crude oil. The recent 30% increase from June's low of $71.60 to the current $93 suggests upward momentum, but it may be limited, potentially reaching levels around $106-110 in the next six months, offering a 10-15% upside, Jateen Trivedi, Vice President, Research Analyst at LKP Securities said. However, it's essential to be mindful of the higher risk of a decline toward $80-85, he cautions.Considering the current trends in crude oil prices, where do you see Brent/WTI price targets in the near term and for the year 2023?In the near term, Brent and WTI crude oil prices could rise by around 4-5%, reaching approximately $98 and $95 per barrel, respectively. For the full year 2023, they may touch levels of $105 and $100 per barrel, driven by factors like supply constraints and increasing global demand.

Jawan had an impressive Box Office run during its initial 11 days, raking in around ₹477.3 crore in India net earnings. As for its 12th-day performance at the Box Office and occupancy, the film is projected to bring in around ₹14 crore across all languages in India net revenue. The Indian film industry in 2023 has been a spectacle of high-grossing films, capturing both domestic and international audiences.

Google Doodle on Monday celebrates ‘Respect for the Aged Day 2023', also known as Keirō no Hi or 敬老の日 in Japanese. This day is observed on the third Monday of every September. In Japan, the day holds a deep cultural significance as it honors the elderly population.