Strategy Financial News
11.06 / 16:18
Progressive
Career
Platform
Strategy
reports
International
7IM poaches Fidelity International's head of growth for newly created role
She is set to formally take over the role in September, and will report into Russell Lancaster, managing director of platform and intermediary partnerships. Christopher was Fidelity's head of proposition, strategy and growth for just over three years, prior to which she was head of retail solutions at M&G Prudential. 7IM acquires £430m AUMA Eastcote Wealth Management She also had tenures at Aegon and Legal & General after starting her career at Cofunds in 2010. 7IM has been progressively building out its platform offering with several millions of pounds invested, which it supple...
11.06 / 13:45
11.06 / 09:29
markets
Target
CEO
Gap
Strategy
Align
Sustainability
Berger Paints plans retail expansion to grow in south, west India markets: CEO
Mint.Berger intends to expand its retail network in Tamil Nadu, Telangana, Karnataka and Andhra Pradesh in the south and in Maharashtra, Gujarat, Madhya Pradesh, Chhattisgarh and Rajasthan in central and west India.“We used to install about 4,000-odd Colorman printing machines (used to expand the dealer network) per year. We accelerated and you know we installed 7,300 last year.
11.06 / 07:59
markets
Digital
Platform
Gap
Strategy
performer
stage
IIFL fintech Fund's 40% Portfolio EBIDTA Positive
IIFL Fintech Fund - India's only early-stage fintech-focused fund backed by a financial services conglomerate – the IIFL Group, has delivered a stellar performance showcasing strong investment acumen of the fund management team during turbulent industry scenario. The fund is over two-year old and is invested across 14 portfolio companies. It has a 0% Deadpool (Deadpool means failed startups) till now and 40% of its portfolio is EBIDTA positive.
11.06 / 07:49
11.06 / 07:47
markets
Adoption
Strategy
MicroStrategy
Bitcoin
reports
Metaplanet
Metaplanet Shares Surge After its Third Million-Dollar Bitcoin Purchase
Metaplanet has experienced a double-digit surge in its shares following the disclosure of another million-dollar Bitcoin (BTC) purchase.
11.06 / 06:35
markets
UPS
Target
Strategy
performer
rights
Right time to sell a stock: 6 signs indicating it's time to exit a large-cap stock
large-cap stocks that peaked and then remained stagnant or declined for years, you might wonder whether you should continue holding onto them. As an equity investor, the timing of when to exit a stock becomes crucial, especially if large-cap stocks make up a significant part of your portfolio.
11.06 / 06:27
markets
Ethereum
Provident
Strategy
Sustainability
community
Persona
New Crypto Presale DoggyAI Raises $101,000 in Hours, Will This AI Meme Coin Explode?
Tuesday, June 11th, 2024 – New crypto presale Doggy AI ($DOGYAI) has raised over $101,000 within hours of launch, indicating it could be the next meme coin to explode on the scene.
11.06 / 05:21
markets
security
Strategy
Research
Experts
recommendations
International
Gold price dips ahead of US Fed meeting. Opportunity to buy in this correction?
₹71,251 per 10 gm and touched an intraday low of ₹71,072 within a few minutes of the commodity market's opening bell. In the international market, the COMEX gold price oscillates around $2,320 per troy ounce, whereas the spot gold price is around $2,303.According to commodity market experts, gold prices today are under pressure after better-than-expected US job data, which dents the US Fed rate cut buzz.
11.06 / 04:09
CEO
security
Strategy
Apple
electronic
prevention
Features
Musk declares ban on Apple devices in his companies if OpenAI is integrated amid security concerns
Apple devices at the door, where they would be stored in a Faraday cage to prevent any electronic communication.This announcement came shortly after Apple unveiled numerous AI features during its WWDC 2024 event. Key highlights included the introduction of Apple Intelligence, a significant AI-driven enhancement of Siri, along with new operating systems: iOS 18, iPadOS 18, VisionOS 2, macOS Sequoia, and WatchOS 11.
11.06 / 01:23
11.06 / 01:03
10.06 / 22:01
Fighting
Strategy
WhatsApp
Virus
Videos
The Boys season 4 Episode 1 on Prime Video: Release date, what to expect
Prime Video this week. The satirical superhero series' first three episodes will be released on Thursday. Returning cast members include Karl Urban, Jack Quaid, Antony Starr, Jessie T. Usher, Erin Moriarty and Chace Crawford. New to the cast are Valorie Curry and Susan Heyward as two new superheroes, Firecracker and Sister Sage. Jeffrey Dean Morgan (“Grey’s Anatomy”, “The Walking Dead”) has also been cast in a mysterious role.
10.06 / 17:29
10.06 / 16:47
markets
CEO
Strategy
Election
trends
President
Headlines
Sensex crosses 77,000-mark, then tumbles into the red
Motilal Oswal Financial Services. With the elections now over, he sees the focus reverting to bottom-up stock picking.With the market now refocusing on fundamentals over sentiment, Gaurav Dua, senior vice president & head - Capital Market Strategy, Sharekhan by BNP Paribas, said, “We see the upward bias to continue with sector rotation in favour of consumer staples and rural demand driven stocks." He noted that smart money is flowing into consumer stocks and some of the beaten down IT services companies.Meanwhile, Alok Agarwal, head of Quant and fund manager at Alchemy Capital Management, expects the dominant trend to continue, led by domestic cyclicals such as defence, power, real estate, auto, and industrials.Though, investors took some money off the table on Monday.
10.06 / 15:33
Waves
Strategy
Sustainability
WhatsApp
Thanks to proactive planning, no power crisis in state, says Karnataka Energy Ministry
renewable energy (RE) and non-renewable energy resources, Karnataka has managed to meet its growing energy demand during the peak summer months, said state Energy Minister K J George on Monday. Incidentally, the state's power consumption between February and May this year scaled new heights, the minister said at a press conference.
10.06 / 14:13
Fighting
Strategy
Election
President
War
peace
Israel’s political turmoil bogs down US push for ceasefire
U.S. Secretary of State Antony Blinken is set to arrive in the Middle East on Monday in an effort to salvage cease-fire negotiations, as leaders from Hamas and Israel express skepticism toward President Biden’s peace plans. Blinken’s trip—which includes stops in Egypt, Israel, Jordan and Qatar—comes at a sensitive time after eight months of fighting.
10.06 / 12:17
Provident
Racing
Strategy
Research
trends
reports
Employers keep offloading pensions to insurance companies
Companies with defined-benefit pensions have been racing to offload those retirement plan liabilites to annuity providers via pension risk transfers, doing so at a record pace in the first quarter.
10.06 / 11:47
markets
Strategy
Apple
voice
reports
Features
Updates
Apple WWDC 2024 event today: When and where to watch, expected launches and more
Apple WWDC Event 2024 Live Updates: Will Apple make any product launches this year?Every year, Apple unveils the latest versions of its operating systems for iOS, iPadOS, macOS, WatchOS and other devices. This year, however, the WWDC event has taken on a whole new dimension, with reports suggesting that Apple will use the power of AI to make massive changes to its operating systems.We even got a glimpse of Apple's AI strategy during the recent iPad event, where the company unveiled new iPad Air and iPad Pro variants.
10.06 / 11:47
markets
UPS
Strategy
trends
track
rights
Ceat’s on the right track, but risk to margins is rising
Tyremaker Balkrishna's stock in top gear, but beware the bumps The company will focus on bite-size capital expenditure (capex) and maintaining a double-digit return on capital employed. Previously, Ceat had undertaken multiple capex programmes simultaneously, which made it harder to manage cash flows and debt. Its capex guidance is ₹1,000 crore for FY25 and ₹1,100 crore for FY26, and the company does not feel the need for greenfield capex in the next couple of years.
10.06 / 10:45
markets
UPS
Aviat
Airlines
Strategy
International
Modi 3.0 may increase quota for foreign flights
Air India chief executive officer and managing director Campbell Wilsonsaid at the CAPA India aviation summit. Sensing an opportunity, several foreign airlines have firmed up plans to approach the government with their requests. “Today we have not exhausted the bilaterals, in terms of number of seats per week but we have hit the limit in terms of number of stations," Sanjiv Kapoor, executive vice-president, strategies of the Saudia Group told Mint.
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