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dairy brand, on Monday announced the appointment of Sunil Potturi as the new Chief Technology Officer (CTO). With over twenty years of experience in consulting, product development, strategy, and operations management, Sunil brings a wealth of expertise to the team. His strong business management and technology background is set to drive Sid's Farm towards its goal of continuous innovation and growth. Throughout his career, Sunil has demonstrated the ability to lead digital transformations and successful product launches across multiple companies. His skills in product management, client relationship management, programme and portfolio management, and building high-performance global teams will help in the expansion of the technological capabilities of Sid's Farm. Kishore Indukuri, Founder of Sid's Farm said «Sunil's strategic vision and passion for technology perfectly align with our mission to deliver high-quality products and services. Sunil's extensive experience will be instrumental in driving our future growth and innovation.»

The fund was originally launched in September 2020 as part of the Schroder International Selection Fund range, available in most European countries and Bermuda. Nick Kirrage takes sole leadership of Schroders global value team as Kevin Murphy joins Whitmore's boutique Via the onshoring of the fund, Schroders has now made it available to UK investors. The strategy is run by managers Vera German and Juan Torres in a contrarian way and supported by a fundamental deep-value investment philosophy over a long-term investment horizon. German and Torres only invest in assets they believ...

markets evolve, so do the strategies needed to navigate them successfully. The effective methods for staying ahead of market trends, drawing on insights from experienced investors and industry leaders are explored.

VIX has now cooled off and the investors have readjusted to all the sentiments that were out during the last two weeks. The 50 component index Nifty50, ended the week by closing near its upward-moving channel. The index closed at 23,465, after making a new all-time high on Friday. On the other hand, Bank Nifty is still somewhere in the middle of its upward channel, giving a close at 50,002.

India Inc was less generous with dividends in FY24 than in previous 9 years amid an increase in capital expenditure with average capacity utilisation exceeding the long-term average. The dividend payout ratio was 34% in FY24, down from 43% in FY23 and 37% in FY22. Including buybacks, the payout was 38% in FY24 compared with 44% in FY23 or 41% in FY22. The dividend payout ratio is the proportion of a company's earnings paid to shareholders as dividends. This payout tends to be lower in times when companies spend more on expansion. Companies with a high cash flow in mature industries tend to have higher dividend payout ratios. About 1,300 companies paid ₹4.15 lakh crore in dividends in FY24, compared with their standalone net profit of ₹12.24 lakh crore. Additionally, 41 companies spent around ₹50,750 crore on share buybacks in FY24. The dividends paid in FY23 amounted to ₹4.44 lakh crore, while money spent on share buybacks was ₹21,500 crore.

The Biden administration’s upcoming strategy meeting on Bitcoin, involving key figures like billionaire Mark Cuban, signals a potential shift in U.S. crypto policy.

startup's decision-making standards.The strategy works for Honasa Consumer, the parent company of Mamaearth. Honasa, run by Ghazal and her husband Varun Alagh​, has other skin-care brands like The Derma Co., Dr Sheth’s, Aqualogica and Ayuga, haircare brand BBlunt and make-up brand Staze 9to9.“Imagine your consumers sitting in every strategic meeting you hold.

Amit Shah will chair a high-level meeting on Sunday to review the security situation in Jammu and Kashmir (J-K) and preparedness for the Amarnath Yatra. Earlier, Amit Shah reviewed the security situation in Jammu and Kashmir in a high-level meeting with senior officers of the Ministry of Home Affairs (MHA) here in the national capital on Friday and directed to call another detailed meeting on June 16 over the issue. Shah conducted the meeting in the wake of recent terrorist attacks in Jammu and Kashmir, which have raised concerns about the security arrangements in the region.

Hyundai Motor India Ltd (HMIL) will drive parent Hyundai Motor's ambitious strategy to make India a key export hub to expand its global business, besides seeking gains in the domestic market, said senior industry executives with knowledge of the matter. As part of this, the company plans to introduce nearly half a dozen electric vehicles over the next four years for local sales and exports, as more assembly lines come on stream in India. «Hyundai has been constrained by capacity the last couple of years,» said one of the persons cited. «The company has already enhanced capacity at its manufacturing plant in Chennai to 820,000 units per annum to meet domestic demand. With fresh capacity coming in from Talegaon in 2025, Hyundai is looking at ramping up exports from India which have been received well in markets in Latin America, the Middle East and Africa.» HMIL's revenue from exports rose 83% to ₹14,120.92 crore in the last three years, despite geopolitical uncertainties. Revenue from operations in the local market rose 39% to ₹33,274.83 in the same period. As much as 23.4% of the company's total revenue came from the sale of vehicles and parts overseas in FY23. In volume terms, exports accounted for about 21% of total vehicle sales in that fiscal year.

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By Vivek Jain

By Akshat Khetan

By Shashwat Vatsa

Nifty ended the week with a closing near its upward-moving channel. The index closed at 23,465, after making a new all-time high on Friday. On the other hand, Bank Nifty is still somewhere in the middle of its upward channel, giving a close at 50,002. The post-election rally has taken everyone by surprise and both indices now are currently sustaining well above their short-term moving averages after testing their 200 day moving averages.

CNBC reported.TD Securities told CNBC that the influx of hundreds of thousands of fans to London in August for Swift’s final U.K. performances could stimulate the economy enough to delay a potential interest rate cut in September.“We still anticipate a BoE cut in August, but the inflation data for that month might keep the MPC (Monetary Policy Committee) on hold in September," the bank’s macro strategist, Lucas Krishan, and its head of global macro strategy, James Rossiter, wrote in a note Friday.The Bank of England is anticipated to start lowering its bank rate from the 16-year high of 5.25 percent soon.

More than 60 percent of Americans believe they are better positioned to achieve their financial goals compared to previous generations, according to Schwab’s eighth annual Modern Wealth Survey.

Saudi Arabia's sovereign wealth fund and a French private equity group will acquire a 38-percent stake in Heathrow, the London airport's biggest shareholder said Friday. Heathrow, one of the world's busiest airports, is owned by the consortium FGP Topco Limited with Spanish infrastructure giant Ferrovial holding the lead role with a 25-percent stake.

Raymond James is continuing to build on its recruitment tear in June, this time with a breakaway advisor joining in a Southwestern US portion of the Sun Belt.

A dependable and effective tool can make all the difference in the fast-paced world of forex trading. Recently, reputable Dubai-based fintech startup Avenix Fzco introduced Forexduo, a groundbreaking forex robot software intended to transform gold trading on the H1 timeframe of the MetaTrader 4 (MT4) platform.

Bitcoin has the potential to reach $1 million by 2033, with a projected cycle-high of $200,000 by 2025, according to analysts at Bernstein.

YouTube videos, announced on social media platform X (formerly Twitter) that YouTube is merging ads with video streams. Traditionally, advertisements and videos have been separate entities, with ads pausing videos at designated intervals.