Strategy Financial News
13.12 / 06:49
markets
Airlines
Strategy
Experts
social
reports
travelers
Istanbul Indigo Flight Fiasco: Airline leaves 400 flyers grounded without food, accommodation for over a day
IndiGo flights 6E 12 (Istanbul to Delhi) and 6E 18 (Istanbul to Mumbai) faced significant delays exceeding 24 hours at Istanbul Airport. Originally scheduled for departure on Wednesday night, the flights were postponed multiple times without proper updates, leaving travellers stranded in challenging conditions. As of Friday morning, 39 hours into the ordeal, IndiGo had not confirmed departure times.
13.12 / 05:29
markets
UPS
Provident
Strategy
Software
Experts
recommendations
Sensex up 4,487 points since November lows. What should mutual fund investors do?
Sensex surging by 4,487 points from its November lows and reaching at the level of 81,289, the mutual fund expert believes that investors should adopt a diversified allocation strategy and should allocate 10% towards gold and 5-7% towards silver. Experts suggest that after the above allocation, investors should allocate 20-30% in duration focused debt instruments and the remaining should be invested in equities through a staggered approach to mitigate risks associated with market volatility. “Given the near-term weakness and macroeconomic moderation, investors should adopt a diversified allocation strategy. A prudent approach would be to allocate 10% towards gold as a hedge against inflation and market uncertainty, and 5-7% towards silver to diversify within commodities and benefit from industrial demand trends. Additionally, 20-30% should be allocated to duration-focused debt instruments, which can provide stability during volatility and benefit from potential future rate cuts. The remaining portion should be invested in equities through a staggered approach or systematic investment plans (SIPs) to mitigate risks associated with market volatility,” said Sagar Shinde, VP Research, Fisdom.
13.12 / 05:29
Ball
Strategy
Software
testing
bowling
Hazlewood replaces Boland in Australia XI for third Test against India, confirms Cummins
Pat Cummins on Friday announced that pacer Josh Hazlewood will replace Scott Boland in his playing XI for the third Test against India after having recovered from a side strain. The injury had forced Hazlewood to sit out of the Pink Ball Test in Adelaide last week. Cummins exuded confidence that Hazlewood would pull through the match without any «hiccups». «He had a really good bowl yesterday, he had another bowl in Adelaide a couple of days previously. Him and the medical team are really confident,» he said on the eve of the game at the Gabba. Cummins said he had to take the ball away from Hazlewood at Perth to prevent his injury getting worse.
13.12 / 04:51
markets
Gap
Strategy
trends
Trade
Experts
Colgate-Palmolive
Colgate-Palmolive 0.61% as Sensex
Colgate-Palmolive (India) Ltd. traded at Rs 2861.10 on BSE at 10:04AM (IST) on Friday, 0.61 per cent from previous close. The scrip quoted a 52-week low price of Rs 2330.10 and a high of Rs 3893.00.
13.12 / 03:37
markets
Strategy
Analysis
trends
Trade
Experts
evacuation
PowerGrid shares in focus after getting declared as successful bidder under TBCB
PowerGrid are likely to remain in focus on Friday as the company announced that it has emerged as a successful bidder under Tariff-Based Competitive Bidding (TBCB) for 2 projects. These projects pertain to establishing Inter-State Transmission System under Build, Own Operate and Transfer (BOOT) basis.
13.12 / 02:15
markets
UPS
Strategy
Analysis
economy
Trade
track
Global Central Bank liquidity: From market headwind to tailwind?
Global growth is forecast to moderate, partly due to the heightened uncertainty surrounding U.S. trade policy, and key economies like China, Europe and Canada are expected to loosen monetary policy significantly.
13.12 / 02:15
markets
UPS
Strategy
Analysis
Trade
Experts
Australia, NZ dollars under pressure as US yields climb
Chinese stimulus offered only a sliver of support. They drew some comfort from an outsized rate cut in Switzerland that saw the Aussie jump 1.3% on the Swiss franc, while an easing from the European Central Bank helped it firm on the euro.
13.12 / 02:15
markets
Digital
Strategy
Software
Schools
Videos
Meta releases AI model to enhance Metaverse experience
Meta Motivo, which could control the movements of a human-like digital agent, with the potential to enhance Metaverse experience. The company has been plowing tens of billions of dollars into its investments in AI, augmented reality and other Metaverse technologies, driving up its capital expense forecast for 2024 to a record high of between $37 billion and $40 billion. Meta has also been releasing many of its AI models for free use by developers, believing that an open approach could benefit its business by fostering the creation of better tools for its services.
13.12 / 02:15
markets
Strategy
Analysis
trends
Trade
band
recommendations
Stocks to buy today: Ultratech, DMart and Bajaj Auto on investors' radar
Equity indices ended lower on Thursday due to selling pressure in index majors as investors turned cautious ahead of the inflation data announcement. Stocks that were in focus include names like Ultratech Cement, which fell 0.8% and Bajaj Auto, which declined 1.05% and DMart, whose shares fell 0.4% on Thursday.
13.12 / 02:15
markets
Reuters
Strategy
Analysis
Trade
reports
Department
Trump trade adviser warns against currency manipulation as China mulls weaker yuan
Peter Navarro, Trump's incoming senior counselor for trade and manufacturing, said the White House would not interfere with the Treasury Department's biannual review looking in to whether foreign trade partners are manipulating their currencies.
13.12 / 02:15
13.12 / 02:15
13.12 / 02:15
markets
FIVE
Strategy
Software
information
gatherings
Schools
6-storey building partially collapses in Mumbai's Bhendi Bazar, search ops on
The incident occurred around 12.30 am on the Nishanpada Road, an official said. As per primary information, the building was vacant as it was in dilapidated condition, he added.
13.12 / 01:51
markets
COST
Target
Strategy
Analysis
economy
Trade
Asian stocks drop ahead of next week’s Fed meeting
Japanese and Australian shares declined and equity futures for Hong Kong signaled losses after selling on Wall Street hit stocks and government bonds Thursday. The Nasdaq 100 slid 0.7% while the S&P 500 fell 0.5% as traders weighed higher-than-expected jobless claims against too hot producer price data.
13.12 / 01:13
markets
Google
Strategy
Software
Gemini
Interface
Schools
Gemini gets a new avatar. What does Google's latest play hold for you?
Gemini 1.0, Google has announced the latest version Gemini 2.0, which it calls its «most capable model yet», made for the agentic AI era. ET explains what's new, who can access Gemini 2.0, and where it is being applied and integrated. How is Gemini 2.0 different? Google seeks to unlock a new class of agentic experiences with the Gemini 2.0 family. The first model being launched is the experimental Gemini 2.0 Flash.
13.12 / 01:13
markets
Action
security
Strategy
Research
Trade
recommendations
Pre-market action: Here's the trade setup for today's session
«We expect markets to trade in a range with a positive bias, on the back of easing retail inflation and favourable global cues,» said Siddhartha Khemka, Head — Research, Wealth Management, Motilal Oswal.
13.12 / 01:13
markets
UPS
IPO
Strategy
Software
reports
Schools
Bluestone likely to launch IPO at Rs 12,000-13,000 crore valuation; up 50% from last funding
Bluestone, which on Thursday filed the draft papers for an initial public offering, is expected to price the issue at a valuation of Rs 12,000-13,000 crore, a more than 50% jump from its most recent fundraising from the private market, people in the know told ET. In August, the Bengaluru-based companyclosed a Rs 900 crore pre-IPO funding round that valued it at around Rs 8,100 crore, as first reported by ET. While the IPO will see Bluestone raise Rs 1,000 crore by selling newly issued shares, sources said existing investors will sell shares worth Rs 2,000-2,100 crore, taking the size of the IPO to Rs 3,000-3,100 crore.
13.12 / 01:13
markets
Manufacturing
Strategy
Apple
Software
Schools
rights
Amid uncertainty over Trump's policies, US companies hold India investments
Trump's election has put US companies and those who have American companies as top clients in a 'wait and watch' mode, as they have put a pause on making further investments in India. This is causing worry among several state governments, with officials telling ET that companies are holding off on finalising large investments as they await clarity on Trump's policies after his inauguration as President on January 20. Several of them also expect the Trump administration's policies to favour India over China and see it as a positive for Indian businesses. «There is too much uncertainty right now,» one person from a large electronics manufacturing services firm said. «Any further investment into India is on hold until we get clarity on what Trump's policies will be,» the person said. «We are also heavily reliant on our clients and their strategy to base our next moves and at the moment our clients are not wanting to commit to anything further as they may have to set up more factories in the US. We will ultimately go where the client wants.»
13.12 / 01:13
markets
Action
security
Strategy
Software
innovations
Schools
One Card secures $25.5 million from QED Investors, BTV, Peak XV Partners and Z47
FPL Technologies, which runs credit card issuance and digital payments platform One Card, has secured around $25.5 million in a fresh funding round led by QED Investors. Peak XV Partners, Z47 (previously Matrix Partners India) and Better Tomorrow Ventures also participated in the round. Armed with the fresh funds, FPL Technologies said it will strengthen its technology infrastructure and invest in the development of new products by collaborating closely with regulated entities like banks. FPL Technologies, which was founded in 2019 by former senior ICICI Bank executives Anurag Sinha, Vibhav Hathi and Rupesh Kumar, has raised $262 million in equity funding over multiple funding rounds. The startup was last valued at around $1.3 billion.
13.12 / 01:13
markets
Manufacturing
Strategy
Mobile
Software
President
Schools
Ola group chief people officer N Balachandar quits
N Balachandar, senior vice president and group chief people officer at Bhavish Aggarwal-led Ola group, has quit, people in the know said. Balachandar was appointed as the chief human resources officer of Ola Electric in May 2021 and was elevated to the group level later that year. He headed the HR function for ride-hailing firm Ola Cabs (now Ola Consumer), listed electric two-wheeler maker Ola Electric and artificial intelligence startup Krutrim. One of the people said Balachandar has started a management consultancy firm. “He had been in discussions with Bhavish (Aggarwal) for several months to resign…finally he left last month (in November),” the person said.
12.12 / 22:37
Citizens
Fox
Strategy
Software
Election
country
reports
Going for Greenland again? Will Trump buy land to expand USA amid his Canada taunts? A Fox News host says it could become a reality in the next 4 years
Donald Trump had claimed that Canada should become US' 51st state, rather than an independent country, a statement that has brough in a lot of criticism from Canadian leaders and citizens. Meanwhile, with Trump coming to power in January, there are high chances that the United States may indulge in some major land purchasing deals, and expand its territories further.
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