Strategy Financial News
04.10 / 14:11
markets
Digital
Racing
Strategy
President
Experts
PAM
Loss of followers? No, Taylor Swift has gained more than 1.8 million on Spotify after Kamala Harris endorsement
Taylor Swift endorsed Vice President Kamala Harris last month, post which her popularity increased, defying Donald Trump's forecast that she would pay a price for it in the marketplace. Since supporting Kamala Harris for president on Spotify, Taylor Swift has amassed more than 1.8 million followers. Swift's number of Spotify followers increased by 1.85 million to 122.56 million as of October 3 following her announcement on September 10 that she will support Harris in the U.S. presidential race, as per statistics provided by analytics firm Chartmetric. According to the most recent data from Chartmetric, Swift is presently only surpassed by Indian musician Arijit Singh. Some Trump backers have attempted to argue that Swift has lost fan support as a result of her Harris endorsement by citing another statistic, the number of Spotify monthly listeners. Swift's monthly listener count has decreased by almost 3% since September 10—down 3 million to 91.4 million.
04.10 / 14:11
markets
Provident
Target
Digital
Strategy
innovations
DroneAcharya FPV drones set high altitude, top speed record in Ladakh
DroneAcharya Aerial Innovations, which has supplied First-Person View drones to the Indian Army, has reached a major milestone by setting a top speed and new benchmark of flying at an altitude of over 17,000 feet, one of the highest ever recorded in Ladakh. Unparalleled in the 7-10-inch category, DroneAcharya's First-Person View (FPV) drones also achieved a top speed of 129 km per hour, far exceeding the required minimum of 60 km per hour, and covered a range of 6.39 km, surpassing the five-km target set by the Army. DroneAcharya demonstrated the capabilities of its FPV drones at Wari-La, a high-altitude area in Ladakh, showcasing their effectiveness in operations. «The company's first-person-view or FPV drones recorded an altitude of over 17,000 feet (604 metres above launch altitude), possibility the highest in the recent history at such altitudes in Wari-La in Ladakh,» an official said.
04.10 / 14:11
markets
Digital
Cooper
Manufacturing
Strategy
Experts
country
India and France strengthen defence ties: MBDA and Naval group set to boost 'Make in India' initiative
defence collaboration, the defence equipment manufacturers are expecting manifold increase in the collaboration and are bullish on Make in India initiative. MBDA, Europe’s leading missile manufacturer is looking to set up unit in India. Head of Naval systems in MBDA missile Systems, Stefano Bertuzzi told ET, " We are planning to have a unit in India in next three to four years. " Naval Group India is the first subsidiary of any Original Equipment Manufacturer (OEM) platform designer to establish it physical presence at Karwar.
04.10 / 14:11
markets
Digital
Strategy
Deloitte
Experts
PAM
guidelines
RBI says banks' group entities cannot be used to circumvent norms
Reserve Bank of India said on Friday group entities of banks shall not be used to circumvent guidelines applicable to the parent for carrying on business activities that are not otherwise permitted. RBI reviewed the current guidelines in public interest, in order to ring-fence the banks' core business from other risk-bearing non-core businesses and to provide level-playing field to all the banks, according to a draft circular. Indian laws permit banks to undertake various forms of businesses, in addition to the core business of banking.
04.10 / 14:11
markets
Digital
Action
Strategy
Election
social
reports
Who has moved the needle more? RFK Jr's endorsement of Trump out does Taylor Swift's endorsement for Harris
Kamala Harris right after the second US Presidential debate. Her stance of posting on Instagram regarding supporting Harris, while also taking a dig at Donald Trump for the fake AI campaign made headlines for at least a week, and also impacted polls significantly, according to reports.
04.10 / 13:19
markets
Digital
Platform
Strategy
wellness
Experts
PAM
These new cryptos and ICO listings should be on your watchlist this week
Unearthing hidden crypto gems Bitcoin is worth above $58,000 in 2024. It is one of the most expensive assets in the world. However, back in 2010, it was selling for $0.05. According to CoinMarketCap, the BTC price has jumped 110000000% since July 2010. Most high-cap altcoins have similar stories to tell. The key to maintaining a rewarding crypto portfolio lies in finding new crypto gems before they break out. Presales offer affordable gateways into altcoins.
04.10 / 13:19
markets
Digital
Strategy
Deloitte
trends
reports
Schools
Banks post higher Q2 deposit growth print than credit growth, reversing two year trend
HDFC bank, Yes bank, CSB Bank and Karur Vysya Bank reported higher deposit growth print than credit growth, in a reversal of the sectoral trend of credit growth outpacing deposit growth over the past two years. India’s largest private sector lender HDFC Bank grew deposits by 15.1% year-on-year at the end of the September quarter taking its total deposit base to Rs 25 lakh crore. Sequentially deposits grew by 5% as it added Rs 1.2 lakh crore worth of deposits in one quarter alone. «Deposit growth is the metric that matters the most for HDFC Bank and it looks healthy, and going by the other banks’ headline metrics that have come in, there is a clear improvement in the liquidity environment,» said Pranav Gundlapalle, head, India financials at Bernstein.
04.10 / 12:36
markets
IPO
Manufacturing
CEO
Strategy
wellness
Schools
MS Dhoni invests Rs 4 crore in IPO-bound drone startup Garuda Aerospace
MS Dhoni has increased his investment in the drone start-up Garuda Aerospace, which is preparing for an IPO. While the exact amount of the investment has not been publicly disclosed, sources indicate that Dhoni has invested Rs 4 crore, raising his stake in the company to 1.1%. “I am proud to be part of Garuda's journey as they expand globally and make a positive impact on agriculture, defence, Industry 4.0, and the consumer drone sector,” Dhoni stated. Agnishwar Jayaprakash, the Founder and CEO of Garuda Aerospace, expressed his admiration for Dhoni, saying, «Mahi Bhai has inspired all of us at Garuda Aerospace. His encouragement and unwavering support motivate each of us to deliver our best.»
04.10 / 09:53
markets
UPS
MET
Manufacturing
security
Strategy
Is Europe’s biggest battery maker about to run out of juice?
Subscribe to enjoy similar stories. Europe’s great hope for battery independence is fighting for survival after the company said it was cutting 1,600 jobs and curtailing expansion plans. Northvolt was the darling of the European cleantech industry, attracting billions in funding from the world’s biggest automakers, banks and governments.
04.10 / 07:31
markets
Ripple
Strategy
Election
Trade
President
Bitcoin
Bitcoin Price Battles $61,250 Pivot as IMF Warnings Clash with JPMorgan’s Bold Bullish Forecast
Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...
04.10 / 06:59
markets
Progressive
security
Strategy
economy
stage
Navigating - and optimising - the three phases of wealth creation
As India approaches becoming the world's third-largest economy, a new era of wealth creation emerges. With GDP projected to triple in the next decade, it's an opportune time for Indians to embrace wealth consciousness.
03.10 / 22:45
03.10 / 17:29
markets
Target
Strategy
Sustainability
International
ECP Asset Management poaches Ecofin director in UK push
The move comes amid ECP's EMEA expansion plans, which include targeting the UK market. The Australian asset manager, which has £1.5bn in assets under management, launched the Dublin-domiciled ECP global growth fund in March 2023 with a view to making the strategy available to investors in the UK market. Rajkumar, who will be based in London, was most recently director of the global strategic client group at sustainable investment firm Ecofin. He has also held roles at abrdn, Fidelity International, BNY Investments, and UBS Asset Management, having spent 30 years in the industry. Re...
03.10 / 17:29
Target
Strategy
Charity
reports
BNY closes amber-rated Newton Managed Targeted Return fund after failed merger
The closure, which took place in December last year, was revealed in the firm's 2024 Assessment of Value report, which identified three funds for consistently delivering value for investors in the 12 months to 31 March 2024. Over the last three years, the £670.6m Newton Growth and Income Fund for Charities strategy outperformed the Newton Growth & Income Fund for Charities index by 7.6% versus the latter's 5.5%. The board of BNY Mellon Fund Managers argued the fund delivered a positive return over the year ending 31 March due to the strategy's lower sensitivity to interest rates than ...
03.10 / 08:57
markets
Provident
ETF
Strategy
Trade
Experts
Bitcoin
Bitcoin Price Drops $4,000 Amid Geopolitical Tensions and ETF Outflows—Risk of Falling Below $54,000?
Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...
03.10 / 08:57
03.10 / 04:25
03.10 / 04:01
03.10 / 02:47
markets
MET
Strategy
wellness
Trade
CAMS shines on upbeat mutual fund prospects, but risks lurk
Subscribe to enjoy similar stories. For equity investors optimistic about the mutual fund industry's prospects but uncertain which asset management company (AMC) to back, indirect plays like registrar and transfer agents (RTA) offer a viable alternative. A case in point is industry leader Computer Age Management Services Ltd (CAMS), whose shares have surged 80% over the past year.
02.10 / 21:27
02.10 / 15:37
Digital
Google
Strategy
President
stage
country
Updates
Google for India event 2024: How to watch the live stream and what all to expect
Google invited attendees to join the event, scheduled for 11:30 AM, promising to showcase "AI and technologies designed for India-scale impact."Attendees can expect updates on various Google products, including Android, AI tools, and Google Assistant. Several key speakers will be present, including Roma Datta Chobey, Managing Director of Google India, Snigdha Bhardwaj, Director of Search and Generative AI Trust Strategy, and Bikram Bedi, Vice President and Country Manager of Google Cloud India.
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