Strategy Financial News

20.10 / 01:49
markets UPS Platform Strategy show reports Boom time for spiritual apps: Diwali set for surge in user activity
user engagement, said industry executives. The likes of AppsForBharat, Vama.app, Astrotalk and DevDham witnessed significant growth this Navratri, which ended on October 12, and are gearing up for Diwali, which falls on November 1, they said. “Because of Navratri, we launched new products and services,” Manu Jain, founder of Blume Ventures-backed Vama.app, told ET. “As a result, we are seeing an uptick of 20-25% (month-on-month) in new users overall. Our revenue for the last week of September so far is showing a week-on-week growth of over 20%.”
20.10 / 01:49
markets UPS Strategy trends track reports IT sector’s top firms reverse headcount fall after 7 quarters
IT companies—Tata Consultancy Services (TCS), Infosys, Wipro, Tech Mahindra and LTIMindtree hired more than 17,500 employees in total in the September quarter. This marked a reversal of declining headcount trend in the over $250-billion Indian IT industry after nearly seven quarters. HCLTech was the only company from the top tier to see its workforce reduce by 780 people last quarter largely due to its divestment of a joint venture with US-based State Street. India’s IT industry had shed a record more than 70,000 employees in FY24. The first quarter of this fiscal year saw a cumulative decline of 1,750 employees.
20.10 / 01:49
markets CEO Platform Action Strategy Apple social Bits & Bytes: Meta’s oversight board seeks public comments on hate speech moderation
Facebook and WhatsApp parent Meta has invited comments from the public on the posting of immigration-related content that may be harmful to immigrants and shared two cases that Facebook moderators decided to keep on the platform. The board plans to assess whether Meta’s decision to only protect refugees, migrants, immigrants, and asylum seekers from the most severe attacks on its social media platforms under its hate speech policy is adequate. The board is funded by the social media giant but operates independently. After gathering public comments, it can issue non-binding policy recommendations to Meta.
20.10 / 00:51
markets UPS CEO Strategy Cycling dance Why you must get a job in private credit. Or not
In the event that anyone has failed to pay attention, the private credit industry has been growing. If you haven't heard of private credit firms like Ares or Brookfield, now might be the moment to familiarize yourself. Growth may be slowing, but private credit is still expected to be the fastest growing area of the buy-side for the next three years.
19.10 / 22:49
markets Compilation Strategy Election President reports Schools Enemy list: These people will be banned from the White House if Trump wins US elections
Donald Trump Jr is currently in charge of compiling a list of people who would be totally banned from serving in Donald Trump's administration in case he is voted to power in the US elections this November. Among these people are some staffers who resigned in protest after the riots on January 6 at the US Capitol, says The Independent's report.
19.10 / 19:53
markets UPS Digital Strategy Podcasts Relationships A Big Fear: This is what Travis Kelce fears in his relationship with Taylor Swift
Travis Kelce recently opened up about his worries regarding the growing public attention on his relationship with Taylor Swift. During an episode of the podcast «New Heights,» Kelce acknowledged that if the Kansas City Chiefs were to lose a game, he expects their relationship to face even more intense scrutiny. “We’ve just got to keep winning,” Kelce said, reflecting on the added pressure they both experience in the public eye.
19.10 / 19:53
markets Digital Strategy Sustainability Remark International chess India's newest billionaire was a RBI intern and national level chess player. Meet Saurabh Gadgil of PNG Jewellers
PN Gadgil Jewellers has seen a remarkable rise in its share value since its initial public offering (IPO) this September. The IPO came just ahead of India’s festive and wedding season, a peak period for jewelry sales. This surge in market performance has propelled Saurabh Gadgil, the company’s MD and CEO, to a net worth of nearly $1 billion, according to Bloomberg. Founded in 1832, PNG Jewellers started as a small jewelry shop in Sangli, Maharashtra, and has grown into a renowned brand recognized for its traditional designs and fine craftsmanship. The business has been built and sustained by six generations of the Gadgil family, becoming a household name in the jewelry industry.
19.10 / 19:19
markets Strategy Deloitte film reports Schools Relationships Jennifer Lopez was open to reconciling but Ben Affleck was not interested
Ben Affleck and Jennifer Lopez, while heading towards the end of their marriage had a chance of getting back together but Ben Affleck reportedly made the final decision to end the relationship claiming that their romance was not actually working. According to SheKnows, Ben Affleck was the one who never looked back following his moving out from their $61 Beverly Hills Home and eventually rented a property in Brentwood while he started filming for The Accountant 2. SheKnows reported that within June, the shared mansion of Ben Affleck and Jennifer Lopez was on the market for sale and eventually Ben Affleck also started searching for a new house for him. Following their separation, Jennifer Lopez had expressed her disappointments claiming that Ben Affleck was never there for her during significant events such as her birthday and their wedding anniversary. Also Read: Smile 3: Is it happening? Here’s what the director revealed
19.10 / 19:19
markets Digital Strategy Netflix film patient rights Exploring caregiving and complexity in 'His Three Daughters' on Netflix
Netflix, Azazel Jacobs' His Three Daughters — a superbly performed chamber drama about three women looking after their dying father — a narrative shift occurs. I won't give away anything important. It's enough to say that after an hour of storytelling centred on the daughters, who are negotiating their own complicated interrelationships and personal histories, we meet the father for the first time. Before this, he has been a barely glimpsed, immobile presence on a bed in a room. Now, as they wheel him, he is only half-conscious, only just capable of posing — mechanically, through pain and discomfort — for a selfie. But he is at least recognisable as a person. And then something else happens that shifts the needle from caregivers to the patient — to his inner life and dazed thoughts, which may have nothing to do with his daughters' concerns. This is one of those risky, tone-altering devices that can take a viewer out of a film. But it fits a theme that emerged a short while earlier: the unknowability of people, or how a person's entirety can (perhaps) only be processed through his absence — as opposed to the many disconnected bits you experience at different times while he is alive. Shortly after we see the three daughters trying to find the right words for an obituary, the father stops being an abstraction for us and becomes real. We even get a hint of something about him that the protagonists didn't know.
19.10 / 19:19
markets UPS Digital Strategy Trade country India now wants to upgrade US pact on critical minerals
critical minerals to the United States, upgrading the bilateral memorandum of understanding (MoU), commerce and industry minister Piyush Goyal said on Saturday. “We suggested that critical mineral MoU be converted to a critical mineral partnership and become a starting point to become an FTA (free trade agreement),” Goyal told media persons. Earlier this month, the two sides inked an MoU to strengthen supply chains for critical minerals in electric vehicles (EVs) and other clean energy applications, including cobalt and lithium, during Goyal’s visit to the US. Officials said that the conversion of the MoU into a partnership agreement would give it the status of an FTA that would enable India to benefit from the EV tax credit that the US gives under its Inflation Reduction Act. The tax credit depends on critical minerals’ origins, requiring that a percentage of materials in EV batteries come from the US or countries with which the US has an FTA. The access to the US EV tax credit of up to $7,500 per vehicle would attract substantial foreign investment and make large-scale manufacturing of components in India commercially viable. The MoU between India and US falls short of a full critical minerals trade deal that would allow India to explore the $7,500 US EV tax credit.
19.10 / 15:53
markets Digital Progressive Strategy Experts PAM information Civil servants need to keep themselves abreast with latest technological developments: PM Modi
Narendra Modi asked civil servants on Saturday to keep themselves abreast with latest technological developments so as to meet the rising standards and stressed the need for following a citizen-centric approach. Addressing an event here, the prime minister also suggested seeking help from startups, research agencies and youngsters for getting new ideas. With artificial intelligence, information processing is also becoming equally easy, making the citizenry informed and empowering them to keep a tab on all the activities of the government, he said. «So the civil servants need to keep themselves abreast with latest technological developments so as to meet the rising standards, wherein Mission Karmayogi can prove to be of help,» Modi said after launching the «Karmayogi Saptah» — National Learning Week — at the Dr Ambedkar International Centre here.
19.10 / 15:53
markets Waves Man Strategy Research Investigations By 2050, will China’s lunar station change the face of space exploration? Here's what we know
lunar space station and exploring the potential for habitable planets. This roadmap, revealed on Tuesday by China’s leading space authorities, outlines a comprehensive strategy that will unfold from 2024 to 2050, marking a pivotal chapter in the nation's space exploration efforts.
19.10 / 15:53
markets Strategy Election reports rights Mahayuti seat-sharing to be announced in a day or two: Maharashtra CM Eknath Shinde
Eknath Shinde on Saturday said the seat-sharing pact of the ruling Mahayuti coalition for the November 20 state elections will be announced in a «day or two» as discussions were in the final stages. Shinde along with deputy chief ministers Devendra Fadnavis and Ajit Pawar met Union Home Minister Amit Shah late Friday night to iron out differences among the allies BJP, Shiv Sena and NCP about the seat sharing for the elections. «There are no problems. The talks were constructive and are in the final stages,» Shinde told reporters here. While Fadnavis and Pawar returned to Maharashtra early Saturday, Shinde stayed back in the national capital for some meetings.
19.10 / 15:53
markets Provident Strategy Discover Food Healthcare reports 500 varieties of frozen waffles recalled in US and Canada that can be fatal for kids and elderly. Check brand names and reason
TreeHouse Foods has voluntarilly recalled 500 varieties of frozen waffles in the United States and Canada. The company, in a statement, said the said waffles are contaminated with Listeria which can be fatal for kids. According to the company, there have been no reports of illness linked to the recalled products to date and advised users to contact a healthcare provider in case of illness. TreeHouse Foods said it discovered the contamination in the waffles during routine testing at the manufacturing facility.
19.10 / 15:53
markets Strategy country prevention Threats and diplomacy: Iran's dual strategy on Israel
Israel's promised retaliation for a missile attack earlier this month, Iran has balanced threats of a fierce response to any Israeli attack with diplomatic efforts to prevent escalation into all-out regional war. Iran launched 200 missiles at its arch-foe on October 1 in response to an Israeli strike that killed Iranian general Abbas Nilforoushan and Hezbollah chief Hassan Nasrallah in Beirut late last month. The missile barrage was also in retaliation for Hamas chief Ismail Haniyeh, who was killed in Tehran in July in an attack widely blamed on Israel.
19.10 / 15:53
markets Manufacturing Strategy Analysis RAI Schools Dalmia Bharat’s profit slumps 60% in September quarter on weak pricing
Dalmia Bharat’s profit slumped by three-fifths in the September quarter as weak prices of cement weighed on earnings, even as the cement-maker sold more cement during the quarter as compared to the previous year. The New Delhi-based company clocked in a net profit of Rs 49 crore for the quarter, down more than 60% on year, while income from operations was more than 2% lower at Rs 3,087 crore. Even though it sold 6.7 million tonne of cement during the quarter – over 8% higher as compared to the previous year – earnings before interest, tax, depreciation and amortization fell nearly 27% on year to Rs 434 crore.
19.10 / 14:53
markets Digital Strategy Deloitte RAI PAM Courts Arguments completed on Hindu side's application for Gyanvapi survey
Hindu side said here. The advocates of the Muslim side and the Waqf Board, who are opposing the survey, completed their arguments before Civil Judge Senior Division Jugal Kishore Shambhu, Madan Mohan Yadav, who represents the Hindu said, said. After hearing the arguments, the court has fixed October 25 as the date of the next hearing, when it may give its order on this matter, Yadav said. On October 16, the Hindu side had referred to the expertise of the Archaeological Survey of India (ASI) in excavations to buttress its plea to carry out excavations in the Gyanvapi complex.
19.10 / 14:53
markets CEO security Strategy trends Trade reports Kotak Mahindra Bank Q2 Results: Net profit below estimates as RBI ban, rise in NPA bite
Kotak Mahindra Bank reported a 5% year-on-year rise in standalone profit to Rs 3,344 crore in the quarter ended September 2024 from Rs 3,191 crore a year ago led by a 11% rise in net interest income even as margins fell and provisions for non-performing assets increased. The bank's profit was lower than the Rs 3424 crore expected by a Bloomberg poll of analysts. Profit was helped by a 11% growth in net interest income (NII), or the difference between the interest earned on loans and that paid for deposits, led by a 17% growth in advances to Rs 4.19 lakh crore as at September 2024.
19.10 / 14:53
markets UPS Digital Strategy Deloitte Marvell Agatha All Along Episode 7: What to expect and when to watch on Disney Plus
With only three episodes remaining, the storyline has intensified, setting up an intriguing path toward the season finale. As the series progresses, fans are eager to know the precise schedule and details for this upcoming episode.
19.10 / 12:35
markets Strategy Analysis wellness Trade Experts performer All weather investing: Protecting your portfolio from market downturns
market scenario is characterised by heightened volatility due to geopolitical tensions, US election cycles, and recessionary fears. To handle the market-wide fluctuations, the investors must strategically position themselves to generate optimal returns with a lesser risk. While expecting higher returns is important, it is crucial to consider the risks involved. During periods of market corrections, many investors succumb to panic selling, ultimately crystallizing losses that could have been mitigated. Portfolio diversification can serve as an effective strategy to buffer against systemic risks and enhance risk-adjusted returns in these uncertain times.
19.10 / 12:35
markets Digital Waters Strategy Experts Celebrity performer Karwa Chauth 2024: Check date, shubh muhurat, moonrise timing, vrat vidhi, and katha
Karwa Chauth is one of the most popular festivals among married women across the country, especially in North India. The festival is celebrated northern states including Uttrakhand, Himanchal Pradesh, Uttar Pradesh, Haryana, Chattisgarh, Gujarat and Madhya Pradesh. Karwa Chauth is celebrated the fourth day after the full moon of the Kartik month. This year karwa Chauth will fall on 20th October.

popular questions about Strategy

What is Strategy and why is it important?

Strategy is a high-demand area that is in the spotlight. On our site, we regularly publish articles related to this subject.

Where can I find the latest updates on Strategy?

All recent news about Strategy can be found in the dedicated section. We publish information regularly.

How can I verify the accuracy of information on Strategy?

We consult with professionals to ensure that the information about Strategy is reliable and valuable for our readers.