Pool Financial News
30.12 / 01:15
Pool
Exodus
President
Experts
information
IT executive exodus: a primer on breach of contract, lawsuits
non-compete clauses as part of employment contracts by employers while making top management employee appointments. Yet lawsuits against employees for contract violations are not a frequent phenomenon in India. What happened?
29.12 / 23:47
Waters
Pool
Parke
Nov
Actor
Boardwalk
travelers
park
Pierce Brosnan accused of trespassing in Yellowstone Park thermal area, could face jail
The character James Bond is used to dangerous situations, but actor Pierce Brosnan could be facing potential jail time after he allegedly put himself at risk while trespassing in an area of Yellowstone National Park.
29.12 / 14:03
Merit
Action
Pool
President
reports
Colleges
Ivy Central's Class of 2028 Secures Impressive Early Wins at Top US Colleges and Universities
[Dubai], [29th Dec 2023] – As the initial rounds of college admissions decisions have been released, Ivy Central, a distinguished college counseling program, has announced its early successes for the 2023/2024 college admissions cycle. Ivy Central's Class of 2028 has secured early wins at over a dozen Top Tier institutions, demonstrating the program's commitment to mentoring students toward outstanding placements.
29.12 / 13:51
Pool
Interface
Nov
PayDay
Bill
country
information
Canadians could see changes in banking next year. What to expect
The federal government approved RBC’s $13.5-billion takeover of HSBC Canada in the waning days of 2023, despite concerns from critics that it will stifle competition. Banking customers will start to see next year how the acquisition, expected to close in the first quarter, shakes out.
29.12 / 10:27
Waters
Ball
Pool
Death
hospital
reports
gatherings
Bengaluru: 9-year-old girl found dead in society swimming pool in Varthur; Residents allege electrocution
swimming pool of Prestige Lakeside Habitat apartment in Bengaluru's tech corridor, Varthur-Gunjur road. The incident occurred on Thursday night, a TOI report stated. The young victim, identified as Manasa, was the daughter of Rajesh, an employee of a private company. Manasa and her family resided in tower 17 of the apartment complex.
29.12 / 09:20
Provident
CEO
economy
Pool
country
beautiful
2020
Year-Ender 2023: Notable executives take entrepreneurial plunge into startup abyss this year
entrepreneurship in India can be attributed to the expanding opportunities fuelled by the country's growing economy as the rapid development in tech has created a favorable environment for diverse niche products, said Rohit Gajbhiye, Founder and MD, LEO1. “The availability of venture capital, the rise of incubators, and a pool of talented individuals further contribute to the flourishing entrepreneurial landscape," he told LiveMint. Also Read: What entrepreneurs expect from FM Sitharaman's Budget 2024? 1) Sachin Kataria: Leading many responsibilities at Nykaa, Sachin Kataria has experience at Unilever and Tata Consultancy Services.
29.12 / 08:12
Provident
Aviat
CEO
Airlines
Pool
Enterprise
reports
In 2023 India Inc. learnt hard lessons on families, friends and partners
From Bharat Forge to Indigo to the Raymond Group to Religare Enterprises, several big businesses got embroiled in disputes in 2023, underlining the need for a clear succession plan, firewalling companies from relationship troubles and better stakeholder scrutiny. The year 2023 highlighted that as India's corporate sector matures and women in top roles assert themselves more, it needs to devise better ways to face a new future.
28.12 / 17:24
CEO
Platform
Pool
Experts
poker
reports
Grim outlook for real-money gaming
₹1.12 trillion tax payments retrospectively. However, as the notices await adjudication, the final figure has not yet been determined under the provisions of Central GST Act. Delhi-based lawyer Dhruv Garg, who is a technology law and policy expert, said 2023 and 2024 have been a mixed bag for the industry.
28.12 / 13:24
IPO
FIVE
economy
Pool
Align
country
innovations
NOT
Invest in new ideas, not flavour of the season, says Accel's Prashant Prakash
Edited excerpts of the interview: This year companies had to align themselves to what works long-term for businesses, and what is good for both the company and the investors, and finally, the LPs (limited partners) of our funds who put their faith in India and who have invested heavily in India. Therefore, I think it was time to readjust many things, and in some cases, correct certain excesses in the ecosystem. The good part is we have emerged from this as, maybe, the hotspot globally.
28.12 / 12:56
Ethereum
Progressive
Telegram
Assurant
Pool
Adventure
innovations
Unveiling SALTZ.io: Your Gateway to High Yielding Crypto Adventure
In the dynamic world of cryptocurrencies, SALTZ.io emerged as a groundbreaking token, redefining the landscape with its unique features and investor-centric approach. This low-risk, high-reward token is designed to empower users with the all-time assured minimum selling price advantage. Built on the Ethereum Chain, SALTZ.io introduces a revolutionary concept— a minimum selling price amidst the ever-changing crypto market.
28.12 / 11:17
CEO
Strategy
economy
Pool
BlackRock
President
2024
Investment Opportunities
'No-hydrocarbon world is dreamland:' AIMCo CEO Evan Siddall on investment opportunities in 2024
Pensions plans made the political headlines in 2023 like seldom before, from Alberta’s threat to pull out of the Canada Pension Plan with more than half of the fund’s assets to Ottawa’s desire, stated in the fall fiscal update, to have the globetrotting trillion-dollar asset managers invest more at home. The Financial Post spoke to Alberta Investment Management Corp. chief executive Evan Siddall about these issues, geopolitics and how AIMCo is evolving its investment strategy for 2024 and beyond. This interview has been edited and condensed for space.
28.12 / 08:02
Blockchain
Ethereum
ETH
Pool
stake
Vitalik Buterin Proposes Simplified Ethereum Proof of Stake Design
Ethereum co-founder Vitalik Buterin has proposed three alternative methods aimed at simplifying the Ethereum blockchain’s proof of stake design.
27.12 / 19:41
Booking
Pool
Enterprise
Healthcare
hospital
Bandhan bank to sell Rs 775 cr home loans to Arcil
Bandhan Bank is selling its ₹775-crore affordable home loan portfolio to Avenue Capital-backed Asset Reconstruction Company India (Arcil) for ₹280 crore in an all-cash deal, said people with knowledge of the transaction. This transaction highlights the emerging stress in lower-income groups, where customers are unable to pay ₹10-12 lakh loans taken to buy their homes.
27.12 / 09:22
FIVE
Digital
Pool
President
shootings
track
country
Inflows from private equity, venture capital funds to domestic companies plunge to $27.9 billion in 2023
private equity and venture capital funds into domestic companies declined about 40 per cent to USD 27.9 billion so far this year, while the outflow increased marginally to USD 19.34 billion year-on-year. According to the numbers collated by Venture Intelligence that tracks private capital and debt flows, and industry body IVCA, investments by private equity and venture capital funds as of December 20, 2023, fell to a low of USD 27.9 billion across 697 transactions, as against USD 47.62 billion inflows in 2022 across 1,364 deals. The year also saw more money being pulled out from the country by private equity players with overall exits touching USD 19.34 billion from 248 companies as against 233 exists worth USD 18.45 billion in 2022, according to the data.
27.12 / 06:43
FIVE
Platform
Action
Pool
performer
concert
consequences
Yearn.finance Appeals to Arbitrage Traders for $1.4 Million in Recovery Funds After Multisig Error
The decentralized finance system known as Yearn.finance is making a concerted effort to retrieve $1.4 million from arbitrage traders. This predicament came about as a consequence of a multisignature programming mistake that led to a significant depletion of the protocol's currency.
26.12 / 17:48
Manufacturing
Mobile
economy
Pool
performer
electronic
India holding up on the FDI front
FDI spiked in October on a surge in inflows and low repatriation. It is too early to see in the October performance a reversal of a weak trend for the financial year. The languor is on account of global investment being depressed in a fragile economic recovery.
26.12 / 16:51
Pool
Remark
awards
Highways
travelers
2024
NHAI Revolutionising Road Travel: Nationwide GPS-based toll collection to be rolled out by March 2024 – All details here
Union Minister Nitin Gadkari recently announced that the government is planning to implement new technologies, including GPS-based toll collection systems, to replace existing highway toll plazas. The initiative aims to alleviate traffic congestion and ensure motorists are charged accurately for the distance traveled on highways. The rollout of new GPS satellite-based toll collection is scheduled to commence nationwide by March next year.
26.12 / 14:20
Provident
CEO
Pool
awards
innovations
Hartek bags 400 KV Substation order for SPRNG Energy’s 300 MW solar plant
Hartek Power Private Limited, the Power system and T&D Business unit of Hartek Group, announced the successful acquisition of a significant contract from SPRNG Energy (100% owned by Shell) for the establishment of a 33kV/400kV Pooling Substation. This substation will play a crucial role in supporting a 300 MW Solar Power Plant at Ramsan Village, Taluka Deesa, District Banaskantha, Gujarat. «The contract with an order value of approximately 320 Million INR underscores Hartek groups prowess in providing innovative and sustainable solutions for the energy sector.
26.12 / 14:01
26.12 / 08:59
FIVE
Platform
Pool
Adventure
beautiful
travelers
IHCL unveils Vivanta in Tawang, Arunachal Pradesh
Vivanta hotel in Tawang, Arunachal Pradesh on Tuesday. The company said the hotel, situated at a height of 10,000 feet, offers 'panoramic views' of the Tawang Valley and the Himalayas. Puneet Chhatwal, managing director and chief executive officer, IHCL said the launch of the hotel reaffirms IHCL’s unwavering commitment to North East India as it continues its pioneering efforts in putting emerging destinations on the global tourism map including Shillong, Gangtok and now Tawang.
25.12 / 19:04
CEO
Pool
Exodus
President
2020
reports
Infosys, Wipro are IT bluechips. But top executives are quitting in droves
BENGALURU : Infosys Ltd and Wipro Ltd have each seen about two dozen executives at the rank of senior vice-president (SVP) and above leave under the tenures of chief executives Salil Parekh and Thierry Delaporte, respectively, underscoring the challenge of retaining senior leaders at the Bengaluru-based IT twins. Since Parekh took over as Infosys boss in January 2018, 22 executives at the rank of SVP and above have left, according to a review of the annual reports and press releases by Mint.
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