Performer Financial News

telecom regulator has proposed stringent performance benchmarks for service providers, seeking to eliminate instances of call drops and setting yardsticks for 5G services to help improve consumer experience in one of the world's fastest-expanding markets. In a consultation paper on review of quality of service (QoS) standards for access services (wireless and wireline) and broadband (wireless and wireline) services, the Telecom Regulatory Authority of India (Trai) has proposed revising the benchmark of network downtime to a cell level in place of the current base station (BTS) level to have a granular view of network availability.

NEW DELHI : The government has taken several steps to tame inflation, including supply-side measures such as releasing substantial cereal stocks from reserves, proactive import-export management of pulses to ensure supplies and restriction of exports of rice and sugar, finance secretary T.V. Somanathan said. The government is open to using trade policy measures, as and when required, to curb inflationary pressures further, Somanathan said.

Nifty companies also showed impressive earnings growth. “Nifty earnings growth has been strong, led by sustained revenue growth and operating margin expansion driving 25% net profit growth for Q1," said Sushant Bhansali, CEO, Ambit Asset Management. In addition to better operating performance, other incomes rose as well.

Narendra Modi on Friday said India is making significant strides towards achieving equitable and collective prosperity, as evidenced by a broader tax base and a rise in the average income of people filing tax returns. Citing two separate analysis, Modi said in a short article posted on social media that research showed that not only have incomes risen but so has compliance, calling it “a manifestation of the spirit of trust which the people have in our government." Citing research by SBI, the PM said the weighted mean income has made “a commendable leap" in nine years, from Rs4.4 lakh in assessment year (AY) 2014 to Rs13 lakh in FY23. In FY23, tax payers filed returns for incomes earned in the previous financial year.

Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: Downgrades at Farfetch, Cigna, Keysight Technologies, and XPO.

Madhya Pradesh BJP election management committee convenor Narendra Singh Tomar on Friday said there was no resentment after the party released its first list of 39 candidates for the year-end Assembly polls. Responding to queries on whether there is resentment among those who missed out, he said the Bharatiya Janata Party was a «worker-based party» where candidates are chosen as per «due procedure». On Thursday, the BJP had released its list of candidates for 39 Assembly seats it had lost in the 2018 state polls.

Premier League action as they take on Newcastle United on Saturday. As Newcastle are also full of enthusiasm after beating Aston Villa 5-1, it may prove to be an encounter of lions when the two sides meet in Etihad Stadium. City have not won a single match at Etihad Stadium since September 2000, though they have played 18 games there.

Wood's flagship ARK Innovation ETF, leaving the closely followed fund down more than 20% for the month of August. Wood, whose $7.2 billion fund is well-known for its large bets on companies such as Tesla, Roku and Coinbase Global, remains one of the best-performing fund managers for the year to date. Despite its steep losses this month, ARK Innovation is up nearly 29% so far this year, a performance that puts it in the top 2 percentile of all U.S.

Analysts at investment bank JMP Securities have said that an approval received by Coinbase to offer crypto futures trading can be taken as evidence of crypto’s resilience in the US.

Everyone knows by now that Michael Burry has decided to take a billion-dollar bearish bets against the S&P 500 and the Nasdaq, as shown on his latsest 13 filing. According to the document, Scion Asset Management purchased $866 million worth of puts against the SPY and $739 million worth of puts against the QQQ, exposing over 90% of its portfolio.

Healthyr-U seeks to empower individuals in their journey towards overall well-being. Healthyr-U's initial focus was on identifying the prevalent health gap of high Omega-3 deficiency, one of the reasons for the development of chronic diseases.

black box. They don’t have periodic disclosures, it’s a private company, and some investors don’t know what kinds of assets they’re investing in," said Xiaoxi Zhang, an analyst at Gavekal Research. The group’s difficulties, coming on the heels of the financial distress at Chinese property giant Country Garden Holdings, have fueled worries about China’s shadow-banking system and how intertwined it is with the property sector.

The responsibility for maintaining the superior quality of an organization's products rests with the product development department. Chief Development Officer roles also encompass strategy formulation, user understanding, and effective implementation, in addition to execution. The specific responsibilities of a Chief Development Officer can vary based on the organization. At times, a Chief Development Officer may issue directives for every aspect of the product development process. They may also be required to take necessary measures to ensure the efficient execution of their tasks. The Chief Development Officer serves as a facilitator to ensure the timely delivery of the finalized product. Learn about Digital Strategy Development Expertise in ISB Chief Digital Officer Role of CDOA chief development officer is a cr

Moody’s Investor Service Friday affirmed India’s 'Baa3' rating with a stable outlook. The ratings agency said that rising growth will contribute to higher income levels and overall economic resilience.

Tottenham team face a significant challenge as they navigate a season without the presence of Harry Kane. They are preparing to host Manchester United at the Tottenham Hotspur Stadium, marking their first home game of the 2023-34 Premier League season. Drawing on the momentum gained from their opening day match against Brentford, Tottenham aims to sustain their performance as they welcome the Red Devils to their North London arena. Manchester United, on the other hand, clinched a pivotal victory in their initial outing of the season against Wolves.

Relative Strength Index (RSI) emerges as a guiding beacon for traders and investors. On August 17, StockEdge's data uncovered a thought-provoking scenario: 13 stocks were entrenched in the overbought zone, yet their RSI trends signaled a bearish or downward trajectory.

Ashok Kumar Khurana, DG, Association of Power Producers, says “foreign investors have now shown great interest in the entire supply chain of power, that is, generation, conventional and renewable, transmission, distribution, all these sectors and recent block deals taking place through Abu Dhabi National Energy Company. They have shown big interest in Adani Transmission.

Being a follower is simpler than being a leader because the former requires isolation and requires problem-solving prowess. Even though the leader's manner may not be appropriate in this scenario, the follower nonetheless completes the task because of the leader's position and influence. They comply with his orders and adopt his viewpoint. Effective leadership is when the leader's request satisfies the goals or objectives of the followers, resulting in willing cooperation. Effective leadership places a strong emphasis on position, authority, and close supervision. Characteristics Of a Good FollowerIt is crucial for a leader to understand both how to follow and how to lead. Many individuals think that being a good follower is necessary in order to become a good leader. Explore IIMK Advanced Strategic Management Programme

Defined benefit pension plans headed further into the black last month with a $57 billion boost to their funded status.

Byju's has undertaken a fresh round of layoffs affecting more than 400 staffers from the mentoring and product expert division. Employees placed under performance review last month were reportedly asked to resign on August 17.

Mint takes a closer look at ARCs and how they make money. Banks and non-bank lenders use asset reconstruction companies (ARCs) to clear their balance sheet of non-performing assets. Empowered by the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, these institutions act as focussed recovery and turnaround specialists that buy bad debt and pay either in cash or a mix of cash and security receipts.