Strategy Financial News
15.10 / 23:29
Citi
Strategy
SpaceX
Experts
stars
reports
travelers
Will it be possible? Elon Musk says he will ensure over a million people live on Mars in 30 years
Elon Musk claims that within 30 years, there will be over a million people residing on Mars. As his SpaceX team achieved a significant victory in their quest for affordable interplanetary travel, Elon Musk made a daring claim about the possibility of habitation on Mars, as quoted in a report by the Daily Star. Elon Musk claims that one million people will be able to live on Mars thanks to his rocket-catcher. When the SpaceX guru captured a massive booster from his Starship rocket for the first time, a large portion of the world watched in awe.
15.10 / 23:29
15.10 / 23:29
markets
Fox
Strategy
Deloitte
reports
isolate
Schools
October Full Moon 2024: Date, time for Hunter's Moon, super Moon
October Full Moon which is precisely known as the Hunter’s Moon is scheduled to take place on Thursday which is on October 17 at around 07:26 am EDT, reported Fox Weather. During the current year, it qualifies as a Supermoon because it coincides with Perigee which is the Moon’s closest approach to Earth. According to Fox Weather, the Moon will be actually below the horizon when it will be reaching the full phase while it will be appearing full from Tuesday evening until Friday morning. According to Gordon Johnston of NASA this Hunter’s Moon is the third of the four consecutive Supermoons taking place in the year 2024. Also Read: Justin Bieber loses confidence in his close friends, isolates himself; here's why
15.10 / 19:35
markets
Digital
Strategy
Mobile
Deloitte
PAM
Department
Communications Minister Scindia interacts with Rocky, Ericsson's 5G-powered robotic dog at India Mobile Congress
Jyotiraditya Scindia on Tuesday visited Ericsson's booth at the ongoing India Mobile Congress, and shared a post on X about Rocky, the company's 5G-powered robotic dog that assists authorities with efficient emergency response. By sending alerts in time, the robotic dog can help authorities deal with emergency situations like fire outbreaks. «Meet my new friend Rocky, Ericsson's 5G-powered robotic dog that assists with efficient emergency response. By sending alerts in time, it can help authorities deal with emergency situations like fire outbreaks,» Scindia said in a post on X (formerly Twitter). Scindia was given a demonstration of the 5G-powered robotic dog, as officials at Ericsson booth explained its functionality. The Minister then patted Rocky, after the demonstration.
15.10 / 19:27
markets
Digital
Strategy
Election
Deloitte
Experts
PAM
CEC says special care taken in scheduling elections for Maharashtra and Jharkhand
Election Commission of India announced on Tuesday. All 288 assembly seats in Maharashtra will vote in a single phase like in 2019. The western part of Jharkhand (81 seats) will go to polls on November 13 while other areas will vote in the second phase on November 20. Jharkhand had seen a 5-phase polling in 2019. Alongside, bypolls will be held in 48 assembly constituencies and two parliamentary seats.
15.10 / 19:27
markets
Strategy
Election
Deloitte
President
PAM
BJP central panel meets to decide names for Jharkhand
BJP's central election committee held a meeting on Tuesday where it discussed potential candidates for about 60 seats in Jharkhand, starting with 28 seats reserved for Scheduled Tribes, according to people familiar with the matter. Apart from Prime Minister Narendra Modi, Union home minister Amit Shah, BJP president JP Nadda and other committee members, senior party leaders from Jharkhand were also present during the meeting, they said. BJP is focusing on seats reserved for STs as it managed to win only two of the 28 seats in the 2019 election. The party has decided to field senior party leaders and those who have joined from other parties, aiming to make the contest tougher for the INDIA bloc on the ST seats, said the people. In the first list, likely to be announced on Thursday, BJP will release the list of seats where senior leaders will be fielded, they said.
15.10 / 19:27
markets
IPO
Strategy
Deloitte
PAM
show
reports
Cipla, Alkem Laboratories in final lap to buy SMT
Cipla and Alkem Laboratories have emerged as the frontrunners to acquire a controlling stake in Sahajanand Medical Technologies (SMT), India’s largest cardiac stent maker, said people in the know. This follows the withdrawal of rival private equity contenders KKR, TPG Capital and Apax Partners after showing initial interest. The deal is expected to value SMT at Rs 3,500-4,000 crore, and binding offers are due by next week, the people said. Promoters of SMT—the Kotadia family— plan to keep a minority stake after the transaction that would see other shareholders also divest their holdings. “They could retain about 15-20% stake post the deal,” said one of the persons cited above.
15.10 / 19:15
markets
Digital
security
Strategy
trends
Celebrity
reports
Gen Z spending power set to hit $2 tn by 2035: Snap-BCG report
Subscribe to enjoy similar stories. MUMBAI: India's Generation Z of 377 million people is rapidly redefining the consumer landscape with its growing economic power, a new report said. Snap Inc.’s latest report on people between born between 1997 and 2012, developed in partnership with Boston Consulting Group (BCG), said the category currently drives $860 billion in consumer spending—and this is projected to reach a staggering $2 trillion by 2035.
15.10 / 18:43
15.10 / 16:29
markets
Target
ETF
Strategy
Sustainability
Robeco launches first actively managed ETFs in Europe
The suite of ETFs includes a trio of funds that use Robeco's 3D investment approach, which targets a balance between risk, return and sustainability. These comprise a global equity UCITS ETF, a US equity UCITS ETF and a European equity UCITS ETF. A further 3D emerging markets ETF is slated for launch in the first quarter of 2025. Robeco brings multi-thematic strategy to market The fourth fund launching today is the Dynamic Theme Machine UCITS ETF, which uses Natural Language Processing (NLP) techniques to search for investment ideas ahead of the market, while an additional review ...
15.10 / 14:41
markets
Digital
Strategy
Sustainability
dance
reports
Schools
Sharad Purnima 2024 Date: Is it on October 16 or 17? Check Puja Vidhi, rituals, and more
Sharad Purnima, an important full moon day in the Hindu calendar, is marked by deep devotion and spiritual significance. This year, it will be observed on Wednesday, October 16, 2024. This festival holds a unique place in Hindu tradition, as it is believed to be the only day when the moon shines in its complete form, showcasing all sixteen Kala (phases). It is said that Lord Krishna, the complete incarnation of Lord Vishnu, was born with all sixteen Kala, while Lord Rama was born with twelve.
15.10 / 14:41
markets
Provident
Strategy
Sustainability
Enterprise
Experts
social
Central Bank of India gets CCI's nod to acquire stakes in two Future Generali entities
CCI) on Tuesday cleared state-owned Central Bank of India's proposed stake acquisition of stakes in Future Generali India Insurance and Future Generali India Life Insurance. Central Bank of India is a scheduled commercial bank. «The proposed combination envisages acquisition by Central Bank of India of 24.91 per cent equity stake in Future Generali India Insurance Company Ltd (FGIICL),» CCI said in a release. FGIICL provides personal insurance, commercial insurance, social, and rural insurance, etc.
15.10 / 14:41
markets
Strategy
economy
Football
Experts
cricket
Central banks are like wicketkeepers; always in spotlight during failures: RBI DG
Reserve Bank of India Deputy Governor Swaminathan J has likened central banks to wicketkeepers in cricket or goalkeepers in football who often go unnoticed in successes but are always in the spotlight during failures. In his address at the RBI@90 High Level Conference on 'Central banking at Cross Roads' on Monday said over the years, the role of central banks has significantly evolved. Initially seen as the lender of last resort, today, central banks are equipped with a broad range of tools — regulatory, supervisory, and monetary — to ensure the stability of the financial system. The financial sector, he said, is the backbone of the economy, enabling efficient allocation of resources, managing risks through various instruments, and ensuring smooth payments and settlements. It performs crucial functions that support investments and drives economic growth.
15.10 / 14:41
markets
Strategy
Deloitte
cover
travelers
Features
International
Adani Airport Holdings Ltd to invest Rs 1,300 cr in Thiruvananthapuram airport expansion
Adani Airport Holdings Ltd (AAHL) has announced plans to invest Rs 1,300 crore in expanding Thiruvananthapuram International Airport (TRV) by 2027. This was revealed at the recent TRV Growth Conclave, which was attended by local representatives, government officials, and members from the travel and tourism sectors, the company said here on Tuesday. The project called "Project Anantha," aims to enhance the airport's facilities significantly, it said. The new terminal will be designed to reflect Kerala's iconic temples, featuring cascading steps and terraced levels.
15.10 / 14:41
markets
UPS
Racing
Strategy
Election
Deloitte
Getting tough for Kamala? Harris' 5-point advantage over Donald Trump is gone, NBC polling analyst says
US elections campaigning has been a topsy-turvy one. For starters, she joined the US election race quite late, as she replaced Joe Biden, following his surprise exit. However, soon after, she managed to pick up the pieces, and built up her own stronghold in the key swing states and also at the national level. Some of the top pollsters in the country began backing her at the point, and following the second US Presidential debate, she also got some solid endorsement from the likes of Taylor Swift, and many other American influentials, who urged Americans to vote for the reigning Vice President.
15.10 / 14:41
markets
Provident
Digital
Manufacturing
Strategy
Food
Research
DPIIT relaxes quality control order for cookware, utensils for micro units
DPIIT) on Tuesday said it has relaxed the mandatory quality control norms for cookware and utensils for micro units. The quality control order (QCO) on cookware, utensils and cans for foods and beverages was issued last year to cut imports of sub-standard goods and promote domestic manufacturing. «To enhance ease of doing business, several relaxations have been introduced in the QCO, which includes exemption from the QCO for very small micro-enterprises (i.e. micro-enterprises registered under the Udyam portal) where the investment in plant and machinery does not exceed Rs 25 lakh, and the turnover does not exceed Rs 2 crore,» it said. Further, a six-month relaxation to clear legacy stock has been provided through a specific provision and exemption for the import of cans filled with powder, semi-solid, liquid, or gas through a specific provision has been introduced.
15.10 / 14:41
markets
UPS
Manufacturing
Strategy
Hyundai
Experts
Skoda looks to tap lucrative sub-4 mtr segment with compact SUV Kylaq
Skoda is looking to get into the high volume segment in the Indian market as it gears up to drive in all-new compact SUV Kylaq in India, according to a senior company official. The company, which currently sells four models in India, plans to drive in the sub-4 meter model early next year to compete with the likes of Maruti Suzuki Brezza, Hyundai Venue and Kia Sonet. Skoda has invested around 250 million Euro on the Kylaq project enabling a 30 per cent increase at its Chakan (near Pune) based manufacturing plant. The sub-4 meter vehicle segment has witnessed robust growth in recent years and currently accounts for nearly 30 per cent of the overall passenger vehicle sales annually.
15.10 / 14:41
markets
Target
Strategy
Mobile
BABA
reports
Here's how Lawrence Bishnoi directs his 700 shooters from within prison walls
Baba Siddique has reignited focus on the notorious Bishnoi gang and its leader, Lawrence Bishnoi. Siddique, a 66-year-old Nationalist Congress Party (NCP) leader and former minister, was gunned down outside his son's office in Bandra East, Mumbai, on Saturday night. The attackers, who fired multiple rounds at him, claimed to belong to the Bishnoi gang, whose leader remains incarcerated in Gujarat's Sabarmati Jail.
15.10 / 13:59
markets
Provident
Digital
Strategy
Deloitte
reports
Scandals
Has the Diddy scandal taken a toll? Ashton Kutcher and Mila Kunis are reportedly moving to Europe
Ashton Kutcher and Mila Kunis intend to relocate to Europe. This came after rumours of the same surfaced online, following accusations and criticism directed at the actor shortly after Kutcher's connection to the highly contentious Sean Diddy Combs went viral. The move by Kutcher and Kunis might be an attempt to get away from Diddy's drama, as reported by ComingSoon. Ashton Kutcher and Mila Kunis intend to leave Hollywood and relocate to Europe in order to avoid the ongoing Diddy drama.
15.10 / 13:59
markets
Digital
Strategy
Deloitte
Research
innovations
information
Ola Electric responds to ARAI notice, says prices of S1 X 2 kWh scooter unchanged
Ola Electric on Tuesday issued a clarification about the regulatory scrutiny into the pricing of its most affordable scooter. «We have not changed the price of Ola S1 X 2 KWh. We are running a very limited time festive campaign for a brief period where we are giving a general discount of Rs 5,000 to every customer and higher discount of Rs 25,000 to only a few customers and that too only with very limited inventories,» the company said in a filing to the exchanges. The Automotive Research Association of India (ARAI) had raised concerns about Ola Electric’s failure to inform the agency of a price reduction for its S1 X 2 kilowatt-hour model before initiating its high-profile “BOSS” sale.
15.10 / 13:59
markets
Digital
Airlines
security
Strategy
Deloitte
International
5 flights get bomb threats via X
counter-terrorist drills at various airports, official sources said. The threats via microblogging platform X came a day after three international flights originating from Mumbai received bomb threats, causing trouble to hundreds of passengers and airline crew. The messages posted on Monday were declared a hoax. Two more flights received similar threats on Tuesday but a confirmation was awaited. The sources said an X handle issued threats on Tuesday to five flights — an Air India Express flight from Jaipur to Bengaluru via Ayodhya (IX765), a SpiceJet flight from Darbhanga to Mumbai (SG116), an Akasa Air flight from Bagdogra to Bengaluru (QP 1373), an Air India flight from Delhi to Chicago (AI 127) and an Indigo flight from Dammam (Saudi Arabia) to Lucknow (6E 98).
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