Strategy Financial News
10.09 / 10:38
markets
Strategy
Apple
Healthcare
Cigna
Diversity
Updates
ManipalCigna Health Insurance appoints Richa Chatterjee chief human resources officer
ManipalCigna Health Insurance, a joint venture between Manipal Group and Cigna Healthcare, has appointed Richa Chatterjee its new chief human resources officer, effective September 2, 2024.
10.09 / 10:22
10.09 / 06:31
markets
Strategy
Experts
performer
recommendations
Profiles
Nifty hovering@25K: Should you start reducing allocation to ELSS mutual funds?
mutual funds, which come with a 3-year-locking period, are also wondering if it is the right time to start trimming their portfolio in a gradual manner.
10.09 / 01:14
COST
UPS
IPO
Strategy
rights
India's first unicorn InMobi has two IPOs on its menu now
₹800-900," Tewari said. A key priority for Tewari is to get its strategy on artificial intelligence right. The company isin the process of tying up with a large US AI-led tech company, which will power its next version of Glance in the US.
09.09 / 20:43
UPS
Landmark
Strategy
Research
country
reports
The EU buys too much defense equipment abroad, especially from the US, a major report says
European Union countries are buying too much of their defense equipment abroad, much of it U.S.-made, and failing to invest in joint military projects, a landmark report is warning
09.09 / 16:52
FIVE
Strategy
MSCI
Universities
M&G unveils China-focused equity fund
The M&G China fund will focus on a universe of around 300 Chinese companies and will hold between 50 to 80 stocks. The launch of this fund is part of the firm's strategy to make its investment capabilities more widely accessible to external investors, with a focus on the UK wealth managers as they seek to increase their allocation globally. In addition, it will aim to deliver a higher total return net of ongoing charges figure compared to the MSCI China with 100% China A Share index over any five years. The move comes at a time when Chinese equity valuations have reached all-time ...
09.09 / 15:12
markets
Platform
Strategy
Software
Trade
Features
Updates
Grid-Based Trading Meets MT5: Avenix Fzco’s Majestic EA Enters the Market
Majestic EA is the newest FX robot from Dubai-based fintech firm Avenix Fzco. Forex market participants can benefit from this automated trading program’s operation on the MetaTrader 5 (MT5) platform.
09.09 / 09:45
markets
UPS
IPO
Strategy
Food
country
Decoding online meat retailer Zappfresh’s SME IPO and growth strategy
Mint. Despite growth concerns in the sector, Zappfresh, a brand owned by DSM Fresh Foods Ltd, is aiming for a three to four-fold increase in revenue in the next three years, founder Deepanshu Manchanda said. How does it plan on doing that? By expanding its presence in the country and going overseas, setting up offline outlets, and through acquisitions.
09.09 / 02:51
markets
IPO
Manufacturing
Strategy
WhatsApp
Trade
band
Tolins offers quality at a discount, but raw material prices weigh
ET Intelligence Group: Tolins Tyres, a manufacturer of tread rubber and tyres, is aiming to raise ₹230 crore through an initial public offering. The IPO will consist of a fresh issue of shares worth ₹200 crore, which will be used for loan repayment and to enhance working capital, while the rest will come from an offer for sale by its promoters. The company's go-to-market strategy involves utilising dealers and distributors (B2C), focusing on fleet operators by offering quality comparable with leading tyre brands at a significant discount. In contrast, its competitors have concentrated on state transportation businesses (B2G), compressing net margins.
09.09 / 02:41
Williams
Strategy
Remark
love
Royal Family
strain
Interviews
Relationships
Prince Harry takes veiled swipe at King Charles, says 'we were transparent, unlike others' after explosive Oprah interview
Prince Harry has taken a subtle jab at King Charles while discussing the controversial 2021 Oprah interview in his memoir «Spare». He highlighted the difference between his and Meghan Markle's openness and the Royal Family's traditional use of anonymous sources. Harry stated, “We were upfront about it. I told them that I failed to see how speaking to Oprah was any different from what my family and their staff had done for decades – briefing the press on the sly, planting stories.” He pointed out King Charles’ 1994 collaboration with Jonathan Dimbleby and Camilla’s dealings with editor Geordie Greig.
09.09 / 02:32
UPS
Strategy
Election
Interviews
Bloc Québécois looks to make deals with Liberals as NDP ends agreement
The Bloc Québécois says its ready to wheel and deal with Prime Minister Justin Trudeau’s party for support during confidence votes now that the Liberal government’s confidence and supply agreement with the NDP has ended.
08.09 / 20:42
markets
UPS
Google
Strategy
TikTok
innovations
Dentsu looks to step up India play with tech, AI acquisitions
advertising giant Dentsu sees India as vital not just for its revenue potential but also for its contributions to technology and innovation, and to support its growth strategy, the company is considering acquisitions in sectors like artificial intelligence (AI) and tech, top executives told ET. «We have partnerships with Google, Meta and TikTok where we jointly develop AI propositions together so it's not a side hustle, it's very integrated into the way that we do business,» said Amanda Morrissey, chief growth officer-media-at Dentsu and global president of iProspect. India is a big part of Dentsu's global strategy, and the company is keen to leverage India's tech and creative talent, she said. The agency employs between 9,000 and 10,000 people in India across client-facing and outsourcing businesses.
08.09 / 18:25
markets
Aviat
Airlines
Strategy
reports
International
Destinations
IndiGo plans to expand international reach, enhance cargo operations
IndiGo plans to significantly expand its international reach and enhance its cargo operations in the coming years as part of a broader strategy to position India's largest airline as a leading global airline by 2030, chief executive Pieter Elbers said. Speaking exclusively to ET, Elbers said the airline plans to grow its international destinations to 40 from 20 by the end of the current financial year through March 2025, targeting emerging markets that are not yet well-travelled by Indian passengers. He did not comment on specific destinations, but sources suggest that new routes could include Mauritius and Al Ain.
08.09 / 15:46
Strategy
Election
McDonald’s
Food
President
love
reports
Can McDonald's sway votes for Trump and Harris in the US Elections?
Donald Trump and Vice President Kamala Harris have been making efforts to connect with voters through their association with McDonald’s, a brand deeply embedded in American culture. The question arises: Can McDonald’s play a role in influencing the votes for these high-profile candidates?
08.09 / 15:26
markets
Strategy
Mobile
Sustainability
WhatsApp
country
NIIF gets CCI's clearance to acquire additional stake in Ather Energy
Competition Commission of India has approved the National Investment and Infrastructure Fund's (NIIF) proposal to acquire an additional stake in Ather Energy. The deal was cleared by the competition watchdog under the green channel route. «The acquirer (India-Japan Fund) proposes to acquire certain Series G Compulsorily Convertible Preference Shares of Ather,» the regulator said in an order. India-Japan Fund (IJF) is a fund managed by NIIF. The fund focuses on investing in environmental sustainability, and low-carbon emission strategies and promoting investments by Japanese companies in India.
08.09 / 12:27
markets
IPO
Digital
Strategy
wellness
Features
Profiles
Is Bajaj Housing Finance IPO a gateway to India's growing housing market?
₹66-70 apiece, and the company is looking to raise a total of ₹6,560 crore from its primary stake sale, which includes a fresh share sale of ₹3,560 crore. To understand BHFL's market positioning and assess its prospects, we present a SWOT analysis.
08.09 / 06:35
markets
security
Strategy
Opinion
wellness
trends
F&O Talk: Market lacks strength, 25,350 critical resistance for Nifty, says Sahaj Agrawal of Kotak Securities
World shares held near three-week lows on Friday, and crude oil languished near this year's lows, as caution prevailed ahead of the crucial U.S. jobs data that could decide the size and speed of coming rate cuts in the world's largest economy.
08.09 / 04:14
Career
Platform
Gap
Strategy
President
students
social
The Long Wait: As IT firms delay onboarding, fresh graduates face financial uncertainties
education loan, for which an EMI of Rs 12,131 started in January. After paying for two months, Kumar sought an extension from the bank since he is unemployed. But that’s not by choice. Kumar has been waiting for a joining date from Infosys since receiving an offer letter in April 2022. Kumar’s situation is far from unique. Many students like him have been left in limbo after consistent delays in onboarding by IT majors despite receiving offer letters two or even three years ago. After more than two years of waiting, Infosys recently conducted pre-training rounds in July and August, andissued joining dates for October and November to more than 1,000 graduates. These roles, primarily system engineering positions, will begin at the Mysore campus. “It’s a huge relief,” said Ankit Jha from Jharkhand, who had nearly lost hope after months of waiting.
07.09 / 12:41
markets
UPS
Strategy
economy
show
FPIs invest Rs 11,000 crore in India in first week of September. Will US jobs data increase flows?
FPIs) invested a total of Rs 9,642 crores in equity through exchanges and an additional Rs 1,388 crores in the 'primary market and others' category in early September. The FPIs showed strong interest in the Indian market, reflecting its resilience amid global uncertainties.
07.09 / 10:39
Strategy
Moodys
Research
recommendations
International
athletics
aerobics
Should you exercise on an empty stomach?
Journal Of Applied Physiologytitled Use Of Intramuscular Triacylglycerol As A Substrate Source During Exercise In Humans.The paper suggests that most of the fat burnt while working out in a fasted state is intramuscular fat and not the subcutaneous fat around the belly. Then there is the risk of muscle breakdown if you attempt strength training in a fasted state.
07.09 / 05:28
markets
COST
Strategy
Align
performer
track
Explainer: What is a mutual fund NFO? What are key considerations before investing in NFO?
New Fund Offer (NFO) is the initial subscription period when a mutual fund is launched. During this time, investors can purchase units of the mutual fund at a set price, usually Rs 10 per unit. NFOs are a way for asset management companies (AMCs) to raise capital for investing in the market based on the specific strategy or theme of the fund. Once the NFO period ends, the mutual fund units can be purchased at the prevailing Net Asset Value (NAV) in the open market. New fund offers (NFO) in mutual funds is similar to initial public offering (IPO) where a company before launching its share on the stock exchange offers the shares to the investors for subscription. In a similar manner, before launching the fund officially in the market the mutual fund houses offer the units so that investors are able to make an investment in that particular fund. NFOs can be of different types, such as equity funds, debt funds, hybrid funds, or thematic funds, and may come with unique features or investment themes that differentiate them from existing funds. For investors, NFOs provide an opportunity to enter a fund at its inception and potentially benefit from its growth over time.
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