Strategy Financial News
04.04 / 19:41
markets
Strategy
Parke
Tesla
exclusive
Features
International
EVs turn big favourites with some dog owners
«The 'Pet Comfort' (feature) was a huge part of our decision,» Sjostrom says from his station on the outskirts of Minneapolis. «Now, I don't leave here without bringing her with me.» Almost all EVs now have some form of climate control that can be programmed to run when the machine is parked and driverless, another feature electric models can offer that internal combustion ones can't, like a front trunk or fueling at home. The temperature setting, which carmakers have been marketing for years, is now drawing a wide and specific demographic: the devoted dog owner. Lucid Group calls its feature «creature comfort mode,» which «has without a doubt been a great sales tool,» says spokesman Justin Berkowitz.
04.04 / 19:17
Booking
Aware
Assurant
Strategy
Experts
show
reports
Vi weighs 'letters of credit' model to buy gear
Vodafone Idea (Vi) has started initial discussions with banks and global vendors to buy 4G and 5G network gear against letters of credit (LCs) instead of making full upfront payments, backed by the government's debt conversion. Switching back to an LC-based payments model with global vendors is likely to give Vi far more cash-flow flexibility and allow it to accelerate its 4G network expansion and 5G rollouts via bigger volume equipment purchases, multiple people aware of the discussions said. The telco needs to speedily expand its 4G services as it aims to narrow the network coverage difference with rivals Reliance Jio and Bharti Airtel, and stem rapid user losses.
04.04 / 11:29
04.04 / 08:21
markets
Waves
Dash
FIVE
CEO
Strategy
WhatsApp
Starbucks India plans aggressive store expansion, despite running in losses
Sushant Dash, CEO, Starbucks India says «We are focussing on store count expansion. And when you are doing that, it requires investment. And that has an impact on the bottom line.» As of September 2024, the company has a new global CEO, Brian Niccol who took on the role after Laxman Narasimhan, who held the position since March 2023 and was replaced amid declining sales and stock prices, last September.
04.04 / 03:31
markets
UPS
Manufacturing
Strategy
Enterprise
country
UltraTech Cement shares in focus as Co to acquire Wonder WallCare for Rs 235 crore
UltraTech Cement shares will be in focus as the company plans to acquire Wonder WallCare, a wall putty manufacturer, for an enterprise value of up to Rs 235 crore as part of its expansion strategy. The acquisition will strengthen UltraTech’s portfolio of value-added products. Wonder WallCare, a wholly owned subsidiary of Wonder Cement, operates a manufacturing plant for wall putty and related products with a capacity of 600,000 tonnes per annum, located in Rajsamand, Rajasthan.
04.04 / 01:59
UPS
Strategy
Metro
Reddit
community
testing
travelers
'Pretend to be sick, bring on the waterworks': Delhiites share hilarious ways to bag a seat in Delhi Metro
Delhi Metro can test anyone’s patience, especially when standing in a jam-packed train with barely enough room to breathe. In this chaotic routine, scoring a seat often feels like striking gold. This everyday hassle became the center of a light-hearted yet imaginative conversation on Reddit, where users unleashed their funniest and wildest tricks to claim a seat during rush hour.
04.04 / 00:13
markets
Citi
Target
Art
Landmark
Strategy
Southern
Fanciful to realistic: How real estate project names have changed
Subscribe to enjoy similar stories. In the sprawling suburbs of Bengaluru rises El Dorado, a city of gold in legends but now an upcoming township. For developer Brigade Group which tagged its launch campaign as #StrikeGold, the name signals the rich potential of the project, the largest in the city's Bagalur special economic zone.
03.04 / 20:34
Assurant
Strategy
WhatsApp
Bill
Experts
rights
Behind TDP's waqf bill stand is plan to dent Jagan Mohan Reddy's stronghold
TDP's nuanced stand on the waqf bill is a well-crafted strategy to woo Muslim voters and make inroads in Rayalaseema — YSRCP chief Jagan Mohan Reddy's stronghold. While TDP voted in favour of the bill, it proposed that the appointment of non-Muslims in state waqf boards be left to state governments. The decision to take this stance and propose this change through rules was taken after Andhra Pradesh CM N Chandrababu Naidu held consultations with legal experts and Muslim groups. The party has its eye firmly on the Muslim electorate that comprises about 9.5% of the state's population.
03.04 / 20:31
UPS
Strategy
Bill
2020
shock
Waqf Bill a brazen assault on Constitution: Sonia Gandhi
Sonia Gandhi termed the Waqf (Amendment) Bill as an assault on the Constitution and as part of BJP's polarisation plank. «Yesterday, the Waqf (Amendment) Bill was passed in the Lok Sabha and today (Thursday), it is scheduled to come up in the Rajya Sabha. The bill was in effect bulldozed through.
03.04 / 18:11
markets
coinbase
Strategy
MicroStrategy
Election
President
Bitcoin
Bitcoin Slides After Trump Tariff News; Crypto Stocks Retreat
Bitcoin extended its recent retreat Thursday, with the price of the leading cryptocurrency falling in the wake of President Donald Trump's latest tariff announcement.
03.04 / 17:17
COST
Waves
Strategy
Trade
Experts
International
Exporters seek contract review as they brace for disruptions, disputes from new US tariffs
The sudden move is expected to disrupt commercial contracts and could lead to a wave of renegotiations and disputes, legal experts said. Businesses are considering a range of options, including renegotiation of pricing terms, alternative sourcing strategies, and lobbying for relief measures through trade bodies and bilateral agreements, they said. “Many Indian businesses are seeking clarity on whether existing pricing and delivery terms can hold in the face of sudden tariff impositions,” said Sanjay Notani, partner and co-head of international trade and customs practice at Economic Laws Practice (ELP). “Such abrupt tariff changes can destabilise ongoing commercial arrangements, especially where goods are already in transit. Contract enforcement may become contentious if parties seek to renegotiate or walk away, citing economic impracticability,” he said.
03.04 / 17:03
CEO
Racing
Strategy
Tesla
Election
reports
Courts
Is Elon Musk planning something huge for midterm elections after losing the Wisconsin battle?
The CEO of Tesla and close counselor to President Donald Trump had strongly supported right-wing candidate Brad Schimel, cautioning that the contest held great importance for «Western Civilization.» Schimel's possible loss by a double-digit margin has sparked scrutiny of Musk's clout within Republican ranks as he looks toward upcoming elections, including the near-term midterms. Musk, who has had an active role in developing Republican tactics, dismissed the loss in Wisconsin as the inevitable result, as mentioned in a report by Forbes. In a post on social media after the vote, he explained that he had expected the defeat, indicating that his long-term effort to shape elections is not interrupted.
03.04 / 11:13
markets
coinbase
Strategy
Research
Trade
President
Bitcoin
US crypto stocks slide as Donald Trump's sweeping tariffs jolt markets
crypto stocks declined in premarket trading on Thursday after President Donald Trump's latest round of sweeping tariffs rattled investor confidence due to rising global trade tensions, sparking a sell-off in riskier assets. Crypto exchange Coinbase Global fell about 4%, while major bitcoin holder Strategy dropped 3%. Among miners, MARA Holdings, Riot Platforms and Bitfarms slipped about 4%, 5% and 6%, respectively. The broad losses underscore the widespread fallout of the tariffs on multiple asset classes. Bitcoin, the biggest cryptocurrency, dropped 2.3%, while ether dived 3.3%.
03.04 / 09:47
markets
UPS
Strategy
economy
wellness
Experts
Bonds offer better value than stocks in Trump-era volatility, says Krishna Memani
Trump's proposed reciprocal tariffs, investors may be wise to reconsider their asset allocation strategies. According to Krishna Memani, seasoned market strategist and fixed income expert, bonds currently offer better value than equities, especially in an environment where uncertainty is climbing and valuations are stretched.
03.04 / 07:27
markets
CEO
Strategy
Experts
performer
track
Should I continue my mutual fund SIPs or stop and remain invested for another year?
I have been investing in Quant Active, Quant Small Cap, Quant Momentum, and Quant Flexi Cap funds, via SIPs, since last year. My investment horizon is over 10 years. The funds’ performance has slipped over the past two quarters (over the second half of 2024). Should I continue my SIPs or stop and remain invested for another year? Sumit Duseja, Co-founder & CEO, Truemind Capital (Sebi-registered investment adviser: Quant mutual fund schemes mostly operate on a momentum strategy. The major problem with the momentum strategy is that when it works, the returns are way above the benchmark, but when it doesn’t work, the returns plummet sharply. Therefore, the performance is good only during specific periods of bull market, resulting in inconsistent performance, accompanied by high volatility. Ideally, one should select schemes with consistent performance track records across bull and bear markets. The investment philosophy of the fund house should be simple, clear and transparent. Additionally, you should diversify across mutual fund schemes from different fund houses. Selecting all the schemes from a single fund house puts you at risk with all your schemes underperforming if something goes wrong with the fund house. You can stop your SIPs in the schemes from Quant and restart the SIPs with fund houses that have a proven and consistent track record of at least 15 years.
03.04 / 04:05
markets
UPS
Strategy
trends
Cycling
exclusive
Liquidity surplus, but lending still weak; growth revival key, says Devang Shah
liquidity surplus in the banking system, credit growth remains subdued, raising questions about the disconnect between available funds and actual lending activity. In an exclusive interaction with ET Now, Devang Shah of Axis MF offered a comprehensive explanation, pointing to weak demand, delayed policy transmission, and a still-recovering growth cycle as the main reasons behind the current trend. “Credit is a direct multiple of what is the demand scenario. If the demand scenario or the overall growth scenario is weakening, somewhere down the line credit growth starts to look weaker,” Shah said, emphasizing that liquidity alone isn’t enough—economic momentum is essential for lending to pick up.
03.04 / 03:21
markets
UPS
Strategy
Trade
country
electronic
India better placed on electronics than China, Vietnam after Trump move: Industry
As per India Cellular and Electronics Association (ICEA), India has emerged favourably placed in the first round of reciprocal tariff announcements, especially compared to key electronics export competitors like China, Vietnam, Thailand, and Indonesia following the extraordinary and relentless efforts by our negotiators and leaders. Read More:Trump's 26% tariffs put pressure on India. Is New Delhi ready for the impact?
03.04 / 00:53
markets
Digital
Action
Strategy
shock
Courts
International
Macrotech Developers accuses House of Abhinandan Lodha of forgery
Subscribe to enjoy similar stories. The Lodha versus battle rekindled on Wednesday, with Abhishek Lodha-led Macrotech Developers Ltd accusing entities owned by younger brother Abhinandan of forging documents to gain access to the prized brand name. The company alleged that certain entities related to House of Abhinandan Lodha (HoABL) had forged a board resolution and the signature and identity documents of one of Macrotech's directors three years ago.
02.04 / 14:21
UPS
Manufacturing
Strategy
Pfizer
Trade
country
Pharmaceuticals
How Trump’s tariffs could upend pharma’s overseas tax strategy
Subscribe to enjoy similar stories. Pfizer in 2019 sold $20 billion of drugs in the U.S. Its federal tax bill? Zero.
02.04 / 14:21
markets
Target
security
Strategy
Mobile
Sustainability
Metro
India has a re-rethink on green bonds. And a new strategy.
Subscribe to enjoy similar stories. New Delhi: India’s green financing push could gain new momentum this financial year, with the government exploring a plan to increase its ₹25,342.31 crore target for issuing sovereign green bonds, two people said. This suggests a turnaround in the government’s thinking from a few months earlier, when it was considering a plan to fall back on conventional government securities and other debt instruments for green financing as green bonds have delivered only modest returns.
02.04 / 12:45
UPS
Strategy
Trade
Bitcoin
recommendations
Robert Kiyosaki predicts silver prices will double in 2025, calls it the hottest investment
silver prices would double this year, calling the metal the «hottest investment today» due to strong demand and limited supply. In a post on microblogging site, X (formerly Twitter), Kiyosaki pointed to silver's current price of $34 an ounce, noting that it remains 60% below its all-time high. «I predict silver will rise 2X this year to at least $70 an ounce,» he wrote, adding that he recently bought more silver from the Republic Monetary Exchange.
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