Place Financial News
09.12 / 09:17
FIVE
BLOCK
Action
Enterprise
Experts
Inside
reports
week
place
Block deals worth over Rs 25,200 crore take place this week; RIL, Airtel among stocks with significant action
BJP) victory in three key states in the Hindi heartland. Significantly higher week-on-week (WoW) action in terms of prominent block deals was witnessed over the five sessions where more than three dozen listed companies reported sizable deals worth Rs 25,289 crore, which included both buying and selling action. In the largecap segment, 15 companies witnessed significant block deals on the screen which were worth Rs 12,612 crore led by Reliance Industries (RIL) with a 12 block count, totalling to Rs 2,874 crore.
08.12 / 18:07
Provident
innovations
place
Adopt AI by putting right governance in place: Maruti Suzuki’s Rajesh Uppal
Mint AI Summit, and highlighted the ways in which companies today are on their journeys to adopt generative AI in their operations. Explaining how organizations, including Maruti Suzuki, are adopting generative AI solutions and services, Uppal said, "There are four different areas to look into for generative AI—day-to-day work, internal processes, external process, and transparency.
06.12 / 08:55
Hollywood
Career
Action
Celebrity
stage
actress
stars
place
Angelina Jolie to bid adieu to Hollywood? ‘Lara Croft’ star says tinsel town no longer 'a healthy place', reveals she might move to Cambodia
Angelina Jolie has plans to leave the tinsel town for good and retire from lights, camera & action altogether. In an interview with theWall Street Journal, the ‘Lara Croft’ star said that she would have opted for the stage instead of becoming a Hollywood star, had she started her career in 2023. She also revealed that she has plans to eventually shift base from Los Angeles and spend more time in her home in Cambodia.
05.12 / 18:43
Citi
Target
Extreme
Manufacturing
Mobile
Apple
reports
place
Enough iPhone buffer stock in place, Chennai rains won't hit Apple's business
Apple's iPhone business in India will have no impact from the reported factory closure in Chennai due to the extreme weather situation in Chennai owing to cyclone Michaung, said industry executives close to the company. They said Apple ensures there are enough buffer stocks of iPhones in distribution to deal with such situations. «Apple does not work in a just-in-time inventory model, where a day of downtime impacts supplies. They ensure there is enough stock to tide over a week-long disruption,» said one of the executives, who did not wish to be identified. The executives said Apple treats worker safety as the top priority in such situations and that this has been communicated to its suppliers in the cyclone-affected area. Production was yet to resume at Foxconn and Pegatron facilities in Sriperumbudur near Chennai on Tuesday, despite an improvement in weather, after being halted following heavy rains impacting day-to-day life in the coastal city and its outskirts. Taiwan-headquartered Foxconn and Pegatron are two of Apple's key local assemblers of iPhones and are part of the government's production-linked incentive scheme.
05.12 / 10:59
Target
Digital
Action
TikTok
President
performer
stage
place
Fourth Republican debate in U.S: Date, time, place, candidates, live streaming; all you need to know
fourth Republican presidential debate takes place next Wednesday at the University of Alabama in Tuscaloosa, only four aspirants will be on the stage, the smallest field yet to take the stage during the GOP primary campaign. The Republican National Committee announced Monday evening that former New Jersey Gov. Chris Christie, Florida Gov. Ron DeSantis, Former Ambassador to the U.N. Nikki Haley, and businessman Vivek Ramaswamy are the four who met the qualifications. The conditions set by the RNC include at least 6% support in two national polls or 6% in one national poll as well as two polls from four of the early-voting states — Iowa, New Hampshire, Nevada and South Carolina. The candidates should also have the support of a minimum of 80,000 unique donors, with at least 200 from 20 states or territories.
04.12 / 15:32
Unit trusts/OEICs
emerging markets
Robeco
St James’s Place
place
St James's Place reshuffles managers and alters charges on fund trio
Clients invested in the Global Smaller Companies fund and the Global Emerging Markets fund will see their total ongoing charges reduced.
04.12 / 05:41
Fighting
economy
Tesla
Experts
performer
2024
place
India seen as a new locomotive taking the place of China, expect more FII flows in 2024: Swaminathan Aiyar
Swaminathan Aiyar, Consulting Editor, ET Now, says: “While others may disagree that there was some communalism in the state elections, I would say basically no. It was an argument about development. And we saw this in the Uttar Pradesh election when we went out there. I attended many of those rallies of Modi, of Adityanath. There was no communal message going out. The whole thing was, have we not performed well enough to be re-elected? And the electorate said yes. I think the same thing has happened in the state elections. So I imagine that is going to be the approach of the BJP in the general election too.” Looking at how things have moved post the state elections, it looks like it is going to be a new sunrise. Yes, I would say that global investors are not particularly interested in the state elections. They look at the larger picture. I think they have already assumed that Mr Modi is going to win in 2024. This is a confirmation of what they were going to do, but I do not think it changes their view that Modi is going to win in 2024. And whether he wins by another 10 votes or 10 less votes, I do not think is the key thing.
03.12 / 18:57
Parke
show
place
‘India to place itself as textile sourcing, investment destination’
₹70,000 crore in the next 5 years, said textile secretary Rachna Shah. The government is looking to attract foreign direct investment (FDI) through PM MITRA and several other schemes. “We are hopeful that seven PM MITRA parks will emerge as growth centres in the textile sector, seeking the support of global investment players to invest in India and source textile from India," Shah said.
28.11 / 08:01
show
country
innovations
reports
Support
place
UK PM Rishi Sunak shows support for skilled expats amid migration pressure, ‘It's best place to come and do business’
Rishi Sunak recently showed strong support towards skilled migrant workers stating that ‘half of the UK's innovative companies have an immigrant founder’ and ‘it is the best country in the world to invest and do business ’ Amid growing calls to reduce immigration, he lauded the UK's "most competitive visa regime," positioning it as the world's best for investment and business. While speaking at Global Investment Summit, the UK PM said, “We don’t have a monopoly on talent in this country, and we recognise that nearly half of our most innovative companies have an immigrant founder." He further praised the country’s ‘most competitive visa regime’ and said “So, if you’re an innovator, an entrepreneur, a researcher, you should know that the most competitive visa regime for highly skilled international talent is right here in the United Kingdom." His intervention comes against the backdrop of discontent within his own Conservative Party ranks after last week’s Office for National Statistics (ONS) data revealed record-high annual migration to the country and former home secretary Suella Braverman’s allies laid the blame squarely at Downing Street’s door.
25.11 / 07:56
BLOCK
Action
Compilation
Nestle
Experts
Inside
reports
week
place
Rs 6,907-cr block deals take place this week; Paytm, Honasa Consumer among stock with significant action
block deals. Over three dozen listed companies witnessed sizable deals worth Rs 6,907 crore on screen which included both buying and selling action.
22.11 / 13:21
Aware
Strategy
performer
country
exclusive
reports
place
Tiger Global’s Scott Shleifer steps down, but India bets still firmly in place
Scott Shleifer, New York-based Tiger Global’s head for private investments – who also oversaw India investments which had his firm backing – is stepping down from his role at the fund, founder Chase Coleman told limited partners (LPs) in a letter, according to media reports. He will take on a new role as adviser to the fund, effective January 1.
21.11 / 12:41
21.11 / 11:30
business
Adoption
MicroStrategy
Top crypto
place
CZ, Buterin, Dorsey top crypto social media popularity charts as SBF clings to 10th place
A mix of highly influential and controversial entrepreneurs make up the latest list of the ten most popular crypto entrepreneurs based on their social media presence, with Binance CEO Changpeng ‘CZ’ Zhao leading the pack in first place and convicted fraudster Sam Bankman-Fried trailing
20.11 / 15:23
fees
companies
Unit trusts/OEICs
St James's Place
place
St James's Place changes managers and reduces fees for two funds
The Balanced Managed fund will reduce fees from 0.36% to 0.34% per annum, while the Continental European fund from 0.26% to 0.08%.
16.11 / 21:33
Racing
Dreams
performer
place
World Cup 2023 top wicket-takers: Mohammed Shami at 1st place, two other Indian bowlers in top 10; check others on list
World Cup final on 19 November. Australia won the second semi-final against South Africa and let us take a look at the top wicket-takers in this World Cup ahead of the final clash. Mohammed Shami made history as he registered the best wickets by an Indian bowler in World Cup history.
14.11 / 13:23
Citi
Southern
hospital
evacuation
safe
place
Israel Hamas war: Kashmiri woman, daughter evacuated from Gaza, says all bombarded in seconds, 'no safe place for us'
are in al-Arish (a city in Egypt). Tomorrow morning (Tuesday), they will move to Cairo," Lubna's husband Nedal Toman said in a text message sent to PTI from Gaza. The Rafah crossing near Egypt remains the only exit route from the war-hit Gaza as Israeli troops continue to surround the city.
13.11 / 10:25
11.11 / 13:17
Citi
place
No illegal vending, hawking in Connaught Place, says Delhi HC
The Delhi High Court has directed the authorities in the national capital to ensure that there are no illegal hawkers or vendors in the famous Connaught Place.
11.11 / 02:42
Fox
Strategy
economy
Align
exclusive
stars
place
Will India be the happiest place on Earth for Disney?
World Cup. This however, belies the challenges the company faces on other fronts in India. The Star Sports business, integral to Disney's strategy, incurred a significant operating loss, raising questions about the sustainability of its current business.
09.11 / 04:53
FIVE
Cooper
Highways
President
hospital
reports
evacuation
place
Residents sheltered in place for hours after chemical plant explosion in rural Texas injured worker
A fire at a chemical plant in rural Texas had sent a massive plume of black smoke into the sky
09.11 / 04:13
place
GOP Debate Takeaways: Nikki Haley Takes Fire as She Jockeys for Second Place
Alyssa Lukpat contributed to this article. Write to Alex Leary at [email protected] and John McCormick at [email protected] Alert!Livemint tops charts as the fastest growing news website in the world
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