Pool Financial News
26.05 / 09:25
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BWF
badminton
Sindhu signs off with runner-up finish at Malaysia Masters
PV Sindhu's wait for a much-needed title extended further as she faltered in the finishing line, going down in three games to world no. 7 Wang Zhi Yi of China in the summit clash on Sunday. Fifth seed Sindhu, a double Olympic medallist, last won the Singapore Open and Commonwealth Games in 2022 and finished runner-up at the Madrid Spain Masters in 2023. The title here looked within her reach when world no. 15 Sindhu held a massive 11-3 lead in the decider after winning the opening game but the former world champion imploded after the final change of sides to go down 21-16 5-21 16-21 in a 79-minute women's singles final. The title would have been an icing on the cake but her impressive run to the final will still give her a lot of confidence as Sindhu looks to put the finishing touches ahead of the Paris Olympics. It was her first final on BWF world tour after more than a year.
26.05 / 09:13
Platform
Pool
wellness
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techno
Interviews
Venturi Partners looks at launching India-focused fund for family offices
private-equity firm Venturi Partners is considering raising a $75-100 million fund in India to invest in local consumer-focused growth-stage companies, managing director Rishika Chandan said in an interview. The fund, likely to be launched later this year, will be pooled from top family offices in India, Chandan added.“The intention is to give access to Indian families that want to be part of this platform and get access to growth-stage consumer companies because most funds in India [invest mainly in] early-stage [companies]," Chandan said.According to her, there are several India-focused generalist funds investing in growth-stage consumer companies but not many that cater exclusively to families.
25.05 / 16:49
Extreme
Pool
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outbreak
surfing
Memorial Day weekend: Will rain spoil your beach or hiking plans? Here's where heavy downpour is expected
outdoor plans you may have on Memorial Day. According to Accuweather, some parts of the United States will see extreme heat and sunshine, which may force you to add some layers of sunscreen while other parts of the nation will see severe storms and rains.
25.05 / 12:21
24.05 / 19:09
markets
Provident
BTC
BLOCK
coinbase
Pool
Puzzle
PPS+ VS PPLNS: How Should Miners Choose the Best Payment Method?
Today, in PoW projects that support ASIC mining rig, the vast majority of miners tend to mine through mining pools such as Foundry USA, AntPool, or ViaBTC. The emergence of ASIC mining rigs has significantly increased the overall network’s hashrate. For miners with only a few mining devices, the probability of finding a block on their own is very low.
24.05 / 15:29
markets
Cooper
Progressive
Assurant
Pool
wellness
country
Wheat procurement surpasses last year's figures, hits 26.3 million tonnes
₹59,715 crore towards minimum support price. Leading procuring states include Punjab (12.42 million tonnes), Haryana (7.15 million tonnes), Madhya Pradesh (4.78 million tonnes), Rajasthan (966,000 tonnes), and Uttar Pradesh (907,000 tonnes).While wheat procurement typically spans April to March, this year, it started in early March for most states following the Centre's decision to allow purchases upon crop arrivals.Rice procurement is progressing smoothly.
24.05 / 15:29
Citi
Provident
Pool
Dreams
Metro
community
travelers
Claremont by Origin Corp: Redefining Luxury Living in Goregaon with Breathtaking Views and Unparalleled Amenities
Mumbai-In the bustling city of Mumbai, amidst the vibrant streets and dynamic lifestyle, Origin Corp introduces a new concept of luxurious living with Claremont. Nestled in the heart of Goregaon, Claremont is not just another residential tower; it's a testament to sophistication and unique style, offering residents a lifestyle of unparalleled palatialliving. This 46-storey residential tower provides residents with large, luxurious living spaces and stunning views.
23.05 / 10:29
markets
Provident
Target
security
Strategy
Pool
patient
Sterlite Power gets stakeholders' nod to demerge transmission biz
Sterlite Power Transmission Ltd (SPTL) on Thursday said it has received shareholders' nod to demerge its transmission business. The demerged transmission infrastructure is to be housed under Sterlite Grid 5 Ltd, and the global products and specialised EPC services will continue to remain under SPTL to pursue independent growth strategies. «Sterlite Power receives stakeholders' approval for demerger of transmission business from SPTL. The vote on the demerger proposal received 100 per cent approval from secured creditors, 99.26 per cent approval from unsecured creditors, 99.99 per cent from equity shareholders present and voting, and 100 per cent by the non-fund-based lenders,» the company said.
23.05 / 03:45
20.05 / 20:17
UPS
FIVE
Pool
Marvell
Universities
reports
Videos
World Series of Warzone 2024: Everything we know about schedule, format and prize pool
World Series of Warzone 2024 is set to bring together the best players in the world. Activision has announced the event, which will be played on LAN, with a prize pool of $1 million, as per a Dexerto report.
19.05 / 20:07
markets
Platform
Pool
wellness
pandemic
country
reports
Growth gets thinner for Zara as competition grows in size
Inditex, the owner of fashion brand Zara, saw its slowest ever sales growth in India, excluding the pandemic year, in FY24 as the world's largest fashion group faced rising competition from global rivals in the clothing market that is increasingly getting cluttered. Inditex Trent, its joint venture with Tata that runs 23 of Zara stores in India, saw revenue rise 8% to Rs 2,775 crore last fiscal, significantly down from 40% growth a year ago, according to Trent's annual report. Net profit was down too at Rs 244 crore, an 8% drop. Zara has been a runaway success since its arrival in the country more than a decade ago but after initially doubling sales every two years, the brand's rate of expansion had come down in the past few years. «The market is very competitive, and the challenges are real. Nevertheless, the opportunity pool and the size of the market means that there is space for multiple successful players. Trent remains well placed to navigate this next phase of growth by leveraging our platform and growth engines,» P Venkatesalu, chief executive officer at Trent, said in the report.
19.05 / 19:03
18.05 / 18:13
18.05 / 12:39
UPS
Provident
Pool
country
Schools
Financial
Govt needs to boost financial support to startups: Snapdeal founder
government has shown its desire to create a pool of domestic capital for new age businesses but it needs to increase financial support to the startup ecosystem, said Kunal Bahl, cofounder of Titan Capital and founder of Snapdeal said on Saturday. “One of the things that this government has done, which is tremendously good, is setting up the Fund of Funds…The Sidbi-sponsored Fund of Funds has now invested in 140 domestic funds. They started with Rs 10,000 crore; they now have Rs 15,000 crore because the value of investments of the funds that they've invested in have grown that much in that period,” said Bahl at the CII Annual Business Summit.
17.05 / 17:49
markets
UPS
IPO
Platform
Pool
reports
Siemens Gamesa's India wind biz up for sale at $1 billion valuation
Also read | Niva Bupa ropes in Kotak, Axis, HDFC & three others to run its ₹3,000-crore IPO “We will only focus on attractive markets where we have a stable regulatory framework and attractive profit pool, and a value-based customer landscape and where there's a match between the market requirements and our offering," he said, presenting a turnaround plan on 8 May during the company’s earnings call. “We may also serve other markets opportunistically, but only if it makes real commercial sense," he added, noting that Europe and the US fit this criteria and it will ramp up operations in these geographies.
16.05 / 20:43
16.05 / 08:29
UPS
security
Pool
CAT
track
A9 Finsight, Vivriti Asset among top 11 AIF Funds that rose 10-20% in April 2024
Nifty50 closed 1.2% higher in April but more than 80% of the Alternative Investment Funds (AIFs) tracked by PMSBazaar.com beat the benchmark delivering up to 19% return in the same period. AIFs are investment funds pooling money from investors for assets beyond conventional stocks, bonds, and cash.
15.05 / 12:11
COST
Citi
Pool
love
country
Podcasts
Traffic
Why Bengaluru is Nikhil Kamath's favourite city? Zerodha co-founder says Mumbai has 'good-looking people but...'
Nikhil Kamath, the billionaire entrepreneur and co-founder of Zerodha, recently shared his admiration for Bengaluru, the country's startup capital, during his podcast on YouTube. Despite acknowledging challenges like traffic and road conditions, Kamath highlighted why Bengaluru stands out for him. He emphasized that Bengaluru's real treasure lies in its people, despite the hurdles like congested roads and traffic. .Kamath stated, «The big, big differentiator at the end of the day — forget all the roads, the traffic… those things don't matter — the people of Bengaluru are second to none… the love they have for the city, how nice they are as people.» Delving into what makes each city renowned, Kamath mentioned Hyderabad's biryani, Mumbai's «good-looking people» and fast-paced culture, and Delhi's affluent population. However, he reserved special praise for Bengaluru, describing it as a city famous for its kind-hearted residents. He also noted that people in Bengaluru are welcoming, down-to-earth, and subtle.
14.05 / 19:21
Pool
Remark
Cycling
social
innovations
gatherings
Profiles
40 Under Forty: Ethics, innovation tilt scales for winners
jury gathered to deliberate on the young business leaders vying for a highly coveted spot on The Economic Times 40 Under Forty scroll. Thirteen elite jurors — women and men who have weathered many economic cycles and built enduring businesses — gathered in the Jaipur Suite at The Oberoi in Mumbai last week, tasked with recognising the most brilliant young leaders of corporate India. The 10th edition of 40 Under Forty was adjudicated by a power-packed panel led by Reliance Foundation’s Nita Ambani.
14.05 / 17:47
COST
Provident
economy
Pool
Research
pandemic
Home Depot's sales continue to soften in 2024 as inflation, delayed start to spring weigh on sales
Home Depot’s sales continued to soften in the first quarter as the nation’s largest home improvement retailer not only was constrained by high mortgage rates and customers dealing with inflation concerns, but it also had to deal with a delayed start to...
14.05 / 13:53
Hollywood
Racing
Pool
show
voice
Features
Videos
OpenAI launches voice assistant inspired by Hollywood vision of AI
OpenAI unveiled a less expensive version of its flagship artificial-intelligence system that includes a new voice assistant to make it easier to use, as it races other tech companies to roll out products and features to attract users. The new AI model, dubbed GPT-4o, can better digest images and video in addition to text, and can interact with people by voice in real time, said Mira Murati, OpenAI’s chief technology officer, on Monday. People can interrupt the new voice feature while talking to it, unlike current voice assistants, and the model is capable of responding close to instantaneously, the company said.
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