Strategy Financial News

12.11 / 03:09
markets IPO Strategy Analysis Trade Experts band Mangal Compusolution IPO opens today: Check issue size, GMP, price band and other details
NSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue.
12.11 / 00:21
markets Platform Strategy Analysis Trade Experts Bitcoin How can I trade cryptocurrencies in India
Is buying Bitcoin and other cryptocurrencies legal in India? Yes. Investors can buy Bitcoin and other cryptocurrencies from government registered exchanges in India. However, it cannot be used as a currency and is only an investment product.
12.11 / 00:21
markets Digital Strategy Election PAM Destinations High tariffs: These 23 everyday items to become more expensive when Donald Trump takes office on January 20, 2025
Donald Trump's decision to impose higher tariffs on imports may be implemented as soon as he comes to power at the White House on January 20 next year. This is the day he would ascend to power at the White House, backed by a huge mandate from the US Presidential elections, which he achieved by convincingly beating Kamala Harris, by even whitewashing her in all the key swing states.
12.11 / 00:21
markets Digital Coca-Cola Aware Strategy PepsiCo PAM Goldman Sachs look to join hands with Bhartias of Jubilant for HCCB stake buy, to finance upto Rs 3500 cr
Bhartia family of the Jubilant Group led by brothers Shyam and Hari Bhartia is in advance negotiations with Goldman Sachs to partner with them to acquire a 40% stake in Hindustan Coca-Cola Beverages (HCCB), the wholly owned bottling arm of the US beverage giant in India – the 5th largest market of the Atlanta based beverages giant. Goldman Sachs is expected to finance the special purchase vehicle (SPV) created to own the HCCB stake, deploying Rs 3000-3500 crore through a convertible preferred equity instrument. A similar sized investment is being made by the Bhartia family themselves, said people aware of the development. The investment by the Wall Street bell weather will be routed through the fast growing Goldman Sachs Alternatives vertical – an overarching vertical that does growth and private equity, hedge fund, real estate and private credit investments.
11.11 / 20:27
markets Strategy Election Experts country reports Colleges Donald Trump says he wouldn’t be a dictator — “except for Day 1."; here is what his Day 1 plans are
The Associated Press reported that, Donald Trump is also aiming to fire several disloyal employees to reshape the federal government and significantly Special Counsel Jack Smith who had indicted him and punish those involved in the legal cases. Adding on to that Donald Trump has also asserted his intentions of pardoning the individuals who were convicted for their roles in the Capitol Riot which took place on January 6 while he claims that many people are wrongfully imprisoned. Also Read: America’s Sweethearts: The Dallas Cowboys Cheerleaders Season 2: Everything we know so far
11.11 / 20:27
markets Digital Strategy Experts PAM show Colleges Sex Lives of College Girls release date: Where to watch?
Sex Lives of College Girls" is releasing in November. HBO and Max will stream the popular show in the US, as per a report. HBO and Max have a list for upcoming releases. The list also features «The Sex Lives of College Girls» «The Sex Lives of College Girls» will be streaming on HBO and Max from November 21.
11.11 / 20:27
markets UPS Booking Strategy awards Experts show Defaults coming back to bite, banks rein in growth of unsecured credit
personal loan, credit card and microfinance (MFI) portfolios, Indian banks are slashing credit card limits and restricting pre-approved personal loans. Some of the lenders have also reduced loan-to-value (LTV) ratios on mortgage loans, bankers told ET. «We have identified stress segments in our unsecured portfolio based on customer segment, geographies, credit scores and sectors that are showing signs of trouble,» said the retail head of a private sector lender. «We have reduced risks in these segments by lowering credit card additions, reducing credit card limits, lowering LTV and keeping away from segments which have thrown up high risk.» Several lenders said that they now prefer offering loans to customers with credit scores of more than 750 from a cap of 720 seen prior to the onset of stress. Banks are also keeping a very close watch on days past due (DPD), where collection machinery gets triggered at day zero DPD.
11.11 / 20:27
markets FIVE Digital Strategy Experts PAM reports Milestone in January: Donald and Melania Trump's 20th wedding anniversary is 5 days after his inauguration; here's what you need to know about their 2005 Palm Beach wedding
January 2025, Donald and Melania Trump will commemorate a significant milestone: 20 years of marriage, and he also assumes office for a second term in that same month, as quoted in a report by The Palm Beach Post. Monday, January 20, 2025, will be his inauguration day. Five days later, Donald and Melania Trump celebrate their twentieth wedding anniversary. Twenty years ago, Melania Knauss, a professional model, and Donald Trump were in the process of organizing their extravagant wedding in Palm Beach, Florida. The wedding had taken place at the Episcopal Church of Bethesda-By-the-Sea, and the reception was held in his private club's brand-new Donald J. Trump Ballroom.
11.11 / 20:27
markets Strategy Netflix country audience reports Interviews Did contract obligations push Squid Game creator to return for Season 2 on Netflix?
Hwang Dong-hyuk, the mastermind behind the globally acclaimed Squid Game, has revealed that his return to the series for Season 2 was motivated largely by unresolved financial issues with Netflix. Despite the show’s monumental success, which brought Netflix an estimated $900 million in revenue, Hwang disclosed that he received only an upfront fee, lacking back-end compensation or residuals for his work. In a recent interview, he explained his primary reason for resuming the project, shedding light on the financial hardships he faced following Squid Game's runaway success, as mentioned in a report by Screenrant.
11.11 / 20:27
markets Strategy Netflix TikTok show country Features America’s Sweethearts: The Dallas Cowboys Cheerleaders Season 2: Everything we know so far
America’s Sweethearts: The Dallas Cowboys Cheerleaders is returning for a second season on Netflix.
11.11 / 17:57
markets Strategy Food country biodiversity Relationships International Biodiversity is 'old oil'
climate change, pollution and biodiversity loss. According to WEF's Global Risks Report 2024, biodiversity loss and ecosystem collapse is the third-most prominent long-term risk. According to UN Environment Programme (UNEP) data, nearly 1 in every 4 species assessed is threatened, with demand for resources expected to rise 60% by 2060 from 2020 levels. Often, economic prosperity and nature conservation are perceived as a zero-sum game. But it can be a more nuanced relationship. Services provided by ecosystems are widespread, of both the tangible and intangible kind. This link between economic output and biodiversity is supported by a large set of evidence.
11.11 / 17:57
markets Progressive Strategy awards wellness RAI PAM EU sees 'slim' chance of success in EV tariff negotiations with China
European Union sees very limited progress in negotiations with China aimed at finding an alternative to tariffs on electric vehicles and the bloc currently sees little prospect of a quick deal, according to people familiar with the matter. China and the EU will continue technical talks this week after discussions in Beijing where both sides touted some progress. However, the chances of a deal remain slim for now, said the people, who spoke on condition of anonymity. China hasn't yet moved toward the EU's strict requirements on ensuring that any arrangement is enforceable and matches the effect of the anti-subsidy tariffs the bloc adopted last month, they said.
11.11 / 17:57
markets Strategy wellness Trade RAI PAM EU brandy to face anti-dumping steps from Beijing
anti-dumping measures" on brandy imported from the European Union, deepening a trade standoff between Beijing and Brussels after similar measures last month. China announced provisional tariffs on EU brandy imports last month, saying the alleged «dumping» threatened «substantial damage» to the domestic industry. And Beijing's commerce ministry said in a statement Monday that authorities have «decided to implement temporary anti-dumping measures in the form of a cash deposit or letter of guarantee» against European brandy products.
11.11 / 16:57
markets Digital security Strategy Research PAM innovations In a first, space exercise 'Antariksha Abhyas' gets underway in Delhi
Antariksha Abhyas — 2024', an exercise to «war-game the growing threats from and to space-based assets and services», is being conducted by the Defence Space Agency of Headquarters Integrated Defence Staff from November 11-13, the defence ministry said in a statement. Highlighting that space was becoming increasingly «congested, contested, competitive and commercial», CDS Chauhan impressed upon the military leadership to secure national interests in space by fostering innovation and developing cutting-edge technologies and state-of-the-art systems in collaboration with the Indian Space Research Organisation (ISRO) and the Defence Research & Development Organisation (DRDO) and academia. The first-of-its-kind exercise is expected to help secure national strategic objectives in space and integrate India's space capability in military operations, the statement said.
11.11 / 16:57
markets Target Platform Strategy Software PAM cover Unicommerce to acquire shipping automation firm Shipway
Ecommerce software firm Unicommerce Esolutions said on Monday that it will acquire Gurugram-based shipping automation company Shipway. The deal will be completed in tranches, Unicommerce said. In the first leg, it will purchase a 42.76% stake for Rs 68.4 crore. The balance will be acquired within a year through a merger or stock swap, taking 100% ownership in Shipway. The acquisition is aimed at expanding Unicommerce’s product suite to include solutions for courier aggregation, shipping automation and returns reduction, covering its offerings from pre-purchase to post-purchase segments of ecommerce.
11.11 / 16:49
markets Digital Strategy Mobile awards Experts Updates Do fresh KYC of PM Jan Dhan accounts due for updation: DFS secretary to banks
Nagaraju on Monday asked banks to carry out fresh KYC (know your customer) process for Jan Dhan accounts which are due for updation. The PMJDY was launched in 2014 and approximately 10.5 crore PMJDY accounts were opened in mission mode during the period from August, 2014 to December 2014. These PMJDY accounts are becoming due for periodic updation or re-KYC now after 10 years. Nagaraju chaired a meeting with all stakeholders for carrying out fresh Know Your Customer (re-KYC) process for the Pradhan Mantri Jan Dhan Yojana (PMJDY) account holders, the finance ministry said in a statement. During the meeting, Nagaraju suggested using all means for doing re-KYC — such as fingerprints, face recognition, taking declarations where no change in KYC documents occurred — through all channels like ATM, mobile banking, internet banking, and other available digital channels.
11.11 / 16:23
markets security Strategy Analysis Trade Experts Courts SC dismisses Sebi's appeals against SAT relief for Reliance, promoters
Supreme Court on Monday dismissed the Securities and Exchange Board of India's appeals against a Securities Appellate Tribunal’s (SAT) July order that set aside the market regulator's penalty of Rs 25 crore imposed on Reliance Industries (RIL), its promoters Mukesh Ambani and Anil Ambani and others in April 2021 for violating takeover norms in a case related to the acquisition of RIL shares between 1994-2000. The apex court also dismissed another Sebi appeal against SAT’s December 4 order that set aside the Rs 25-crore penalty imposed by the market regulator on RIL, Rs 15 crore on Mukesh Ambani, Rs 20 crore on Navi Mumbai SEZ and Rs 10 crore on Mumbai SEZ for their alleged role in the manipulation of prices of Reliance Petroleum Ltd (RPL)s shares in November 2007. While the appellate tribunal had quashed the penalties against Mukesh Ambani, Navi Mumbai SEZ, and Mumbai SEZ in the same case, it upheld SEBI's penalty against Reliance Industries. RPL was absorbed into RIL in 2009.
11.11 / 16:05
Strategy Royal London expands equity team with triple Aviva Investors hire
As part of the shakeup, Saldanha will become the lead manager of the Royal London Global Equity Income fund and a manager on the Global Equity Select strategy, a portfolio set to be managed by fellow fresh face de Bruin.  Meanwhile, Kirby will partner with Saldanha on the Global Equity Income fund. Royal London AM promotes head of wholesale Phil Reid to sales boss All three new recruits are set to join with immediate effect and come with a combined four decades of industry experience. Saldanha spent 18 years at Aviva, while Kirby and de Bruin enjoyed an eight and ten year stint,...
11.11 / 16:05
Strategy Sustainability social EdenTree and Ninety One set to adopt SDR 'Sustainability Impact' label
Ninety One and EdenTree Investment Management have each confirmed they will adopt the SDR's ‘Sustainability Impact' label on Ninety One's Global Environment fund, with the latter set to follow suit on a pair of its strategies: EdenTree Green Future and the EdenTree Green Infrastructure fund.  'Not easy but doable': The implications of adopting an SDR label The Sustainability Impact label intends to indicate to clients that a fund invests with the aim to achieve a predefined, positive and measurable environmental and/or social impact. ‘Sustainability Impact' is one of four labels th...
11.11 / 15:17
Racing Strategy Sustainability President show social Videos Biden vs Sand: Viral video shows US president struggling to walk on beach, many slam Jill for not helping him
“Joe Biden’s latest opponent: Sand,” quipped one X user, sharing the video on the social network. Biden withdrew from the U.S. presidential race earlier this year, citing health reasons. Several earlier videos have surfaced showing Biden’s health struggles, which raised questions about his decision to seek another term.
11.11 / 15:17
markets Citi Strategy Sustainability Election country reports How to respond to boss' orders? U.S military leaders start hectic parleys on how to follow Trump's tough instructions
Trump has been calling for mass deportation of illegal migrants in the US and as he will be coming to power very soon, there are chances that he may deploy the National Guard or the military to quell protests in multiple US cities, and carry out the mass deportations. Also Read: Americans, mourning Trump's victory? Here's a cruise line that is offering a 4-year journey called Skip Forward package; all details here <div data-placement=«Mid Article Thumbnails» data-tar

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