Strategy Financial News

space exploration. However, despite the exciting prospects, mining this celestial body remains a long-term goal due to significant technological and economic hurdles.

Cholamandalam Investment & Finance Company Ltd. 1.37 per cent to Rs 1282.05 at 10:47AM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap down start to the session. As per data available on BSE, total traded quantity on the counter stood at 8,643 shares with a turnover of Rs 1.10 crore till 10:47AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 27.96, while the price-to-book value ratio stood at 4.96.

mutual funds have multiplied investors’ SIP investments by over three times in the last seven years. Seven small cap and mid cap funds, two flexi cap funds, a multi cap, contra, and an ELSS fund multiplied investors’ SIP investment by more than three times in the last seven years. The top schemes in the list were from the small cap category. Quant Small Cap Fund and Nippon India Small Cap Fund multiplied investors’ SIP investments by 4.19 and 3.88 times respectively in the last seven years.

Edelweiss Financial Services has made an exit worth Rs 175 crore from a mixed-use township project of real estate developer Paradigm Realty that has repaid the debt two quarters ahead of schedule. The early repayment was achieved through robust sales collections and refinancing at an interest rate of under 13% per annum, marking the beginning of the second phase of development for the township, the developer said in a release. The debt was initially raised two years ago to fund the residential phase of 102 Downtown, a project spread over 10 acres in Oshiwara, a locality in Mumbai’s Andheri west suburb. The project, developed jointly with listed developer Prozone Realty.

Vodafone Idea topped the list of India Inc's largest loss-making company in Q2 with a loss of Rs 7,176 crore. NBFC Sammaan Capital, which was earlier known as Indiabulls Housing Finance, reported the second largest loss pile of Rs 2,761 crore. PSU fuel retailer Indian Oil's Q2 loss was also more than Rs 1,100 crore.

Mahesh Jethmalani on Wednesday said that the US indictment against Gautam Adani only has claims and has not been proven. He also attacked the Congress party, asking it to produce evidence before holding press conferences to launch attacks against Adani.

Trump's threat of hefty tariffs on goods would harm the economies of all involved, cause inflation to spike and damage job markets. Trump's pledge announced on Monday roiled currency, bond and equity markets on Tuesday, as the three countries are the United States' largest trading partners. Mexico and Canada are particularly intertwined in U.S. auto production and energy output thanks to decades of trade agreements between the North American neighbors. Trump's plan to impose a 25% tariff on Canadian and Mexican imports on his first day in office does not exempt crude oil as industry executives had hoped, two sources familiar with the plan told Reuters on Tuesday.

India Meteorological Department (IMD) reported that a deep depression over the Bay of Bengal is likely to develop into a cyclonic storm, Cyclone Fengal, on 27 November. The depression was located approximately 770 km south-southeast of Chennai and 570 km south-southeast of Nagapattinam. «It is very likely to continue to move north-northwestwards and intensify further into a cyclonic storm on 27th November. Thereafter, it will continue to move north-northwestwards towards Tamil Nadu coast skirting Sri Lanka coast during subsequent 2 days,» the IMD stated on X (formerly Twitter). The IMD also issued a red alert for districts such as Mayiladuthurai, Nagapattinam, and Karaikal, warning of extremely heavy rainfall exceeding 20.4 cm. An orange alert is in place for districts like Villupuram, Cuddalore, and Puducherry, with fishermen advised to avoid venturing into the sea until 28 November.

Several in Trump's team now see a direct approach from Trump, to build on a relationship that already exists, as most likely to break the ice with Kim, years after the two traded insults and what Trump called «beautiful» letters in an unprecedented diplomatic effort during his first term in office, the people said. The policy discussions are fluid and no final decisions have been made by the president-elect, the sources said.

ISKCON Bangladesh has issued a statement denouncing the arrest of Chinmoy Krishna Das and called upon the government authorities to promote peaceful coexistence. ISKCON Bangladesh also issued a list of demands to the government for subsequent violence and attacks against Sanatanis in various regions of Bangladesh. ISKCON Bangladesh made note of the above points and more matters in a statement issued, regarding the current situation in Bangladesh and the arrest of Chinmoy Krishna Das. «We express our serious concern and strongly denounce the recent arrest of Chinmoy Krishna Das, spokesperson for the „Bangladesh Sammilito SanatJagaran Jot“. We also condemn the subsequent violence and attacks against Sanatanis in various regions of Bangladesh. We urge the government authorities, to promote peaceful coexistence for the Sanatani community», the statement said.

Bengaluru this year with chilly breeze sweeping across the city. Parts of the silicon valley are also witnessing slight drizzle, adding to the cold. The city is set to experience more rain on Wednesday and the coming days as deep depression over the southwest Bay of Bengal is likely to intensify into a cyclone and move towards Tamil Nadu, skirting the Sri Lankan coast, over the subsequent two days, the India Meteorological Department has said.

weapons storage facility in Syria in response to an attack on American forces a day earlier. The US Central Command (CENTCOM) wrote on X that the strike aimed to «degrade their ability to plan and launch future attacks on US and Coalition forces who are in the region to conduct D-ISIS operations,» referring to a mission to target the Islamic State group. It said that there were no civilian casualties found during its assessment of the strike.

Rumble (RUM), the conservative-leaning streaming platform whose backers include Vice President-elect JD Vance, said it is planning to allocate part of its cash reserves to bitcoin (BTCUSD).

Real Madrid will play Liverpool in UEFA Champions League game on Wednesday. The soccer game is a crucial one for both Spanish and English giants. Real Marid versus Liverpool UEFA Champions League soccer game will be played at Anfield. The scheduled kick off between Real Marid and Liverpool will be at 3 pm (ET) on Wednesday, November 27. Liverpool and Real Marid match will be live streamed on Paramount+ in the US. Real Madrid and Liverpool's UEFA Champions League match likely to end in a draw.

Netflix has confirmed the streaming release of It Ends With Us, a film based on Colleen Hoover’s novel. The movie will be available for streaming in the United States on December 9, 2024.

Kamala Harris' presidential campaign insist they simply didn't have enough time to execute a winning strategy against Donald Trump, pointing to “ferocious" political headwinds that were ultimately too much to overcome in the 107-day period after President Joe Biden stepped aside, as per a report. Harris' leadership team, speaking on the “Pod Save America” podcast that aired on Tuesday, defended strategic decisions over the campaign's closing days, some of which have faced scrutiny in the weeks since Trump's decisive victory. Specifically, they defended Harris' outreach to Republican voters, her unwillingness to distance herself from Biden, her silence on Trump's attacks on her transgender policies and her inability to schedule an interview with popular podcaster Joe Rogan, AP reported. Also Read :It Ends With Us: Check out Netflix streaming date, storyline, cast and characters

CBS News reported that however, she soon realized she had been scammed by high-tech fraudsters using artificial intelligence to create convincing deepfake videos. Also Read: Real Madrid vs Liverpool: Prediction, live streaming, start time, where to watch

Yellowstone Season 5 Part 2 has returned, bringing weekly episodes every Sunday. The series resumes the story from Part 1, which ended in 2023.

Adam Smith wrote in The Wealth of Nations that managers of joint stock companies can't be expected to watch over a company with the same anxious vigilance that owners watch over their own company. The wisdom remains relevant in modern day business. Owners with the money, but who lack expertise or time to run the business, hire professional managers. The anxious vigilance of owners referred by Smith is to ensure that the business generates enough economic value for them-to put it simply, to see it's earning a return on capital that exceeds costs. Professional managers hired by owners are primarily the capital or asset allocators in the business. If capital allocation within the business is inefficient, then enough economic value won't be generated. As rudimentary as it may sound, it's surprising how awareness of high cost attached to equity capital is often missing in many suave, confident and crafty professional managers in corporate India.