Strategy Financial News

19.12 / 08:39
markets Provident Strategy Trade Experts show country Building a sustainable export business: Key strategies for global market expansion
Conduct market research for each target region A successful export business starts with in-depth market research. Each country’s consumer behaviour, regulatory framework, and competition landscape are unique. Conducting thorough surveys provides actionable insights into local demand, price preferences, and competition. This understanding helps businesses tailor their products and align them with regional requirements. When we were expanding to Bangladesh, overcoming high duties involved detailed buyer-competitor analysis.
19.12 / 08:15
markets security Strategy Analysis Research Trade reports Au Small Fin Bank shares 2.0% as Nifty drops
Au Small Finance Bank Ltd. traded 2.0 per cent in Thursday's trade at 01:19PM (IST). Around 64,719 shares changed hands on the counter. The scrip opened at Rs 550.05 and touched an intraday high and low of Rs 553.00 and Rs 540.90, respectively, in the session so far. The stock of Au Small Finance Bank Ltd. quoted a 52-week high of Rs 813.00 and a 52-week low of Rs 540.90.
19.12 / 08:15
markets Strategy Software awards Schools International Destinations FAAD Capital expands global footprint with Dubai launch
FAAD Capital, a SEBI-registered Category 1 Angel Fund headquartered in Gurugram, on Thursday, announced the launch of its investor network in Dubai, marking the fund’s first international expansion. With this milestone underscores FAAD, aims to support global collaboration and engaging with Non-Resident Indians (NRIs) and local investors to drive investments into Indian startups. The inaugural Dubai edition of the FAAD Network Investor Meet was held at the Shangri-La Hotel, and participation from over 100 investors was seen.
19.12 / 07:01
markets Strategy President Experts Justice social BJP president Nadda asks Congress to 'stop lying' on Ambedkar issue
BJP on Thursday launched a fresh attack on the Congress over its treatment of B R Ambedkar as the ruling party's president J P Nadda asked the opposition party to «stop lying». Nadda reiterated his party's accusations against the Congress for insulting and ignoring Ambedkar and his legacy, and cited the work undertaken by the Modi government to honour his legacy. His posts on X came amid the opposition's relentless attack on Home Minister Amit Shah for allegedly insulting Ambedkar during his Rajya Sabha speech. He told the Congress and its «rotten ecosystem» that they lost Lok Sabha polls for a third consecutive time in June and performed badly in a number of assembly polls.
19.12 / 07:01
markets Art Strategy Analysis Trade Experts reports Bank of Baroda shares 0.37% as Nifty drops
Bank of Baroda traded 0.37 per cent in Thursday's trade at 12:17PM (IST). Around 162,247 shares changed hands on the counter. The scrip opened at Rs 246.00 and touched an intraday high and low of Rs 250.95 and Rs 244.85, respectively, in the session so far. The stock of Bank of Baroda quoted a 52-week high of Rs 298.45 and a 52-week low of Rs 214.85.
19.12 / 07:01
markets Strategy Experts testing shock International cricket He was being humiliated: Ravichandran Ashwin's father makes shocking claim
Ravichandran Ashwin retired from international cricket on Wednesday, leaving big boots to fill in the Indian Test team. If Ashwin's father, Ravichandran, is to be believed, the cricketer's retirement had more to do than him having finished with cricket. In interview with CNN News18, Ravichandran has alleged that his son was constantly being humiliated which may have contributed to him announcing his retirement midway through India’s ongoing tour of Australia. Even Ashwin's father was caught by surprise with the spinner's decision.
19.12 / 06:59
markets Platform Strategy Food Experts innovations reports KKR invests in Rebel Foods valuing the cloud kitchen brand at around $800 million
Private equity major KKR has acquired a stake in Mumbai-based Rebel Foods, the parent company of Faasos, Behrouz Biryani, and other cloud kitchen brands, according to a company statement. The investment was made through a secondary share purchase transaction and follows Singapore’s sovereign fund Temasek-led $210 million (approximately Rs 1,782 crore) funding round announced on December 12. KKR has not disclosed the size of its investment. A significant portion of the latest financing round comprises secondary share sales, conducted at a lower valuation of around $750-800 million. In contrast, the primary funding infusion was executed at a flat valuation of $1.4 billion. While secondaries are typically done at a discount to the last primary valuation, this transaction reflects a steep discount of approximately 50%.
19.12 / 06:59
Strategy Software awards NOC reports Interviews Profiles Canada to remove LMIA-based job offer points from Express Entry Comprehensive Ranking System
Comprehensive Ranking System (CRS) for having an LMIA-based job offer, as per a CIC News report. Prior to this change, Express Entry candidates could receive an additional 50 or 200 CRS points for having an LMIA-based job offer. An additional 50 points can easily make the difference between a candidate receiving an invitation to apply (ITA) for permanent residency, or not being invited at all. Immigration Minister Marc Miller announced the change on Tuesday, December 17, in a televised interview.
19.12 / 06:59
Strategy Software Trade track country 2020 peace 2024, the year India defeated China's salami-slicing strategy
China Sea to Himalayan frontiers, Beijing’s methodical approach has left neighbouring countries scrambling to respond. China shares its border with more than a dozen countries and it has had border disputes with at least six of them over the past few years. On its border disputes with its neighbors, China has mostly gone unchallenged, gradually pushing its salami-slicing strategy forward. But 2024 was a turning point: India was the first country in past few decades to decisively stop China in its tracks and refuse to yield to its tried-and-tested game. India’s resistance proved to be a firm message that China’s expansionist ambitions can't always go unchecked.
19.12 / 06:59
markets Art Strategy Analysis Research Trade Experts Share price of PI Industries as Nifty
PI Industries Ltd. 0.71 per cent to Rs 3859.05 in Thursday's trade as of 12:07PM (IST). The stock hit a high price of Rs 3873.10 and low of Rs 3825.00 during the session.
19.12 / 06:23
markets Strategy Software Align awards Cycling reports RBI may face tougher path in Feb rate cut as Fed reshaped global monetary policy expectations: Report
The report attributed this to a shift in the U.S. Federal Reserve's stance on rate cuts, which has reshaped global monetary policy expectations. The report noted that the Federal Reserve's decision to pause rate hikes was not unexpected, as markets had already anticipated a shallower rate cut cycle. The Fed aligns with market projections of two rate cuts in 2025 and two more in 2026, compared to its September guidance of four cuts in 2025 alone.
19.12 / 06:23
Target Reuters Platform Strategy Software reports Courts British court gives Andrew Tate a $3 million 'jolt', influencer claims its 'outright theft'
influencer Andrew Tate and his brother Tristan over unpaid taxes. As reported by Reuters, the ruling from Westminster Magistrates’ Court follows allegations that the Tates failed to pay taxes on £21 million in revenue generated from their online businesses between 2014 and 2022. Judge Paul Goldspring found evidence of deliberate tax evasion, marking a critical escalation in the brothers' legal troubles across multiple jurisdictions.
19.12 / 06:23
Strategy Software Remark Inside rights Videos Rahul Gandhi reacts to BJP's claims of doing 'gundagardi' and injuring party MP Pratap Sarangi; watch video
Rahul Gandhi. Singh claimed that he was standing on stairs when another member of Parliament fell on him, leading to an injury on his head. Reacting to this, Congress leader Rahul Gandhi, in his defence, said that he was trying to get inside the Parliament when he was also pushed and threatened by the BJP MPs who were protesting near the entrance. He also alleged that Congress chief Mallikarjun Kharge was also pushed. «This might be on your camera. I was trying to go inside through the Parliament entrance, but BJP MPs were trying to stop me, push me and threaten me. This has happened...Yes, this has happened (Mallikarjun Kharge being pushed). But we do not get affected by jostling. But this is the entrance and we have the right to go in. BJP MPs were trying to stop us from going in...» Gandhi told reporters.
19.12 / 06:23
Strategy Software Opinion Food Justice Department Courts Edible or hair oil? Supreme Court settles a 20-year-old debate on coconut oil
Earlier a Supreme Court bench of the then CJI Justice Gogoi and Justice R Banumathi gave a split verdict. Justice Banumathi opined that coconut oil packed in small containers are to be classified as hair oil while Justice Gogoi believed small packages of coconut oil were food. The current three-judge panel clarified the matter. Chief Justice Sanjiv Khanna, Justice Sanjay Kumar, and Justice R Mahadevan stated that coconut oil meeting food safety standards is edible oil. If it meets cosmetic standards, it's hair oil. The branding will determine the classification.
19.12 / 06:23
markets UPS Aviat Airlines Strategy Software Experts SpiceJet, Genesis reach agreement in $16 million dispute, share prices shoot up
Genesis and have resolved a $16 million dispute. Under the settlement, SpiceJet will pay Genesis $6 million and Genesis will acquire $4 million in SpiceJet equity at a price of Rs 100 per share. The agreement will result in a significant saving for the airline as it navigates a path toward long-term growth.
19.12 / 06:23
Cooper Google Strategy Software community RAI Indian Navy Chief fosters camaraderie between India-Indonesia during reception onboard INS Mysore
Admiral Dinesh K Tripathi hosted a deck reception onboard Indian Navy's indigenous guided missile destroyer, INS Mysore in Jakarta during his four-day official visit to Indonesia. The details of the event were shared on X by the Spokesperson of the Indian Navy. «Adm Dinesh K Tripathi, #CNS, hosted a deck reception onboard #IndianNavy's indigenous guided missile destroyer #INSMysore at Jakarta, fostering cultural exchange, friendship & camaraderie between #India & #Indonesia.»
19.12 / 06:19
Target Digital Strategy cover recommendations How to build a ₹5 crore retirement corpus with ₹1.5 lakh monthly salary
My 35-year-old cousin earns ₹1.5 lakh per month and recently paid off their home loan. They invest ₹45,000 in mutual funds (Nippon Indian small cap, Mirae bluechip and PPFAS flexi-cap) monthly and ₹50,000 in the National Pension System yearly. What additional investments can help them build a ₹5 crore retirement corpus?
19.12 / 05:17
markets ETF Strategy Software Moodys Experts Year-ender 2024: Mutual funds raise over Rs 1 lakh crore via 205 NFOs; sectoral and index funds top contributors
Mutual funds were busy launching new fund offerings or NFOs in 2024. Fund houses launched a record number of 205 mutual fund schemes in the said period. This includes active and passive, open- and close-ended mutual funds in both equity and debt segments. The number does not include the schemes launched in December. (Source: AMFI) Around 205 mutual fund NFOs were floated in the market in 2024 which together collected Rs 1.04 lakh crore. Around 198 open-ended funds collected Rs 1.03 lakh crore whereas seven fixed term plans which are close-ended funds collected Rs 954 crore in the said period. Also Read | Year-ender 2024: Top 10 equity mutual funds of the year. Do you have any?
19.12 / 05:17
markets Strategy Analysis trends Trade Experts show Bandhan Bank shares 0.15% as Sensex falls
Bandhan Bank Ltd. traded 0.15 per cent at Rs 163.75 at 10:37AM (IST) on Thursday, even as BSE benchmark Sensex 861.27 points to 79320.93. The stock had closed at Rs 164.00 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 263.15 and Rs 160.30, respectively.
19.12 / 04:07
markets Digital Strategy Software Freedom Celebrity Schools Goa Liberation Day 2024: Know the history, significance, and quotes to share with family and friends
Goa Liberation Day is celebrated every year on December 19 mark Goa's freedom from Portuguese rule in 1961. The liberation ended the struggle of freedom fighters against the 451 years of colonial rule. Goa became an integral part of India. The day celebrates the struggle, resilience, and fight of all freedom fighters who fought to achieve the freedom. On this day, various activities are organised in different schools and colleges such as speech competitions, drawing, poster making etc. to commemorate the day.
19.12 / 04:07
markets Digital Strategy Software Schools Courts Investigations CBI court grants bail to 3 arrested in Odisha bribery case
CBI court in Bhubaneswar granted conditional bail to three persons arrested in connection with a bribery case in Odisha. The court on Wednesday granted bail to Chanchal Mukherjee, group general manager of the CPSU Bridge and Roof Company (India) Limited, and contractors Santosh Moharana and Debadutta Mohapatra. The bail was granted by the court on the production of a bond of Rs 1 lakh and two sureties each, said advocate Subham Satpathy, one of the lawyers engaged by the accused persons. While granting bail, the court put a condition that the accused persons cannot leave Bhubaneswar without its permission. They will also not attempt to tamper with evidence and will cooperate with the investigation.

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