Strategy Financial News

UBS Group AG’s new head of asset management reshuffled the unit’s leadership, the latest overhaul at the bank as it integrates Credit Suisse. 

Bharti Airtel has said that the full-scale impact of its deployment of fixed wireless access (FWA) services, which has been deployed across 25 cities so far, will start to show in the second quarter of the current fiscal year which started in April. Airtel’s FWA deployment will happen over standalone architecture (SA), similar to larger rival Reliance Jio, unlike its cellular 5G deployment which happened over non-standalone architecture (NSA), managing director Gopal Vittal said during its recent earnings call. Fixed wireless access (FWA) is being seen as the crucial first use case in 5G that will enable telcos like Airtel and Jio to monetise the huge investments made on deployment of the technology, amidst telcos offering unlimited 5G speeds to mobile phone users.

ISB Executive Education, ranked number one B-school in India in FT Global MBA Ranking 2024 commenced its 15th batch of Certificate Programme in IT Project Management, along with Emeritus, the global leader in making high-quality education accessible and affordable to individuals and organisations.The 12-week online Certificate Programme in IT Project Management is thoughtfully designed for professionals who aspire to embrace digital disruption, adopt lean techniques, and utilise tools adaptable to increasingly agile environments. This programme is tailored for early-career professionals aiming to elevate their roles within their organisations by refining IT operations management systems, processes, and best practices.

The firm has removed the £1.6bn Jupiter fund, which was held in MPS 2-6 with a weight of between 3.5% and 6%, ahead of the departure of lead manager Whitmore along with his wider team to set up an asset management business in July. «Ben Whitmore brought a specific value focus that blended well with the rest of the portfolio, helped by his clear investment philosophy and consistent implementation of his process which led to strong returns over time, comfortably outperforming the index,» said Ryan Hughes, interim AJ Bell Investments managing director. «The characteristics are well share...

Morrissey, who is the lead portfolio manager and head of the firm's World Selection portfolios within the UK multi-asset team, has left to «pursue external opportunities», a spokesperson told Investment Week.  Collectively, the World Selection portfolios hold more than £1.9bn in assets under management, according to data from FE fundinfo. Morrissey also runs five funds in the firm's Global Strategy multi-asset range, with a total £8.5bn in AUM.  Prior to her current role, Morrissey was a rates portfolio manager in the global bond team. Before that, she ran fixed income services within...

Hindustan Aeronautics Ltd, which is primarily engaged in the design, development, manufacture, repair, and overhaul of aircraft, helicopters, and their engines, is a key player in the Indian defence industry. HAL share price today opened upside at ₹4215 apiece on NSE and touched an intraday high of ₹4,269 per share during Thursday deals. While climbing to this intraday high, HAL shares also made a new lifetime high.

As a competitive rower in my long-ago prime I sometimes used a racing strategy called fly and die. Sprinting to an early lead often yielded a fast overall time, even if I couldn’t hold my torrid pace through the finish line. Some professionals take a similar approach to their desk jobs, starting their workdays with a 5 a.m.

Beijing, China – May 16, 2024

Summer—a time for relaxation, adventure, and a well-deserved break for young adults. While it's tempting to indulge in leisure activities, this season also presents a golden opportunity to kick-start your financial journey. 

Renu Baid Pugalia, V-P-Research, IIFL Institutional Equities, says coming to valuations in capital goods stocks, on a relative scale Larsen & Toubro has disappointed on earnings and where the relative outlook in terms of margins was soft. From an earnings perspective, ABB saw almost 10% upgrade in earnings, Siemens saw 15% to 20% upgrade in earnings. Pugalia says that valuation is a pretty tough rope to walk for investors. The best strategy probably is to stay invested and hold on to these names, wait for opportunities for dips to add more. Pugalia does not see any deep value names, but probably some of the government owned companies, like Bharat Electronics on a relative scale given the kind of earnings growth momentum and visibility that they have, look much more attractive on valuations, trading at sub-30 times one year forward.

Professional investors with a bullish or bearish conviction on artificial-intelligence stocks and looking to magnify their profits with leverage can now do so with two new exchange-traded funds.

diet that will reduce the chances of developing heart disease, cancer and other cardiovascular diseases? Recent research which has analyzed diets over the past 20 years, has some interesting details, according to a report by CNN. These findings would boost nutritional strategies focusing on vegetarian, vegan and lacto-ovo vegetarian diet. These findings will also enable governments and other entities to fine tune their welfare programs.

Chinese e-commerce company Alibaba Group Holding on Tuesday posted a greater-than-expected decline in profit for the fourth quarter due to its equity investments, sending its stock price plunging in New York

PSUs) are readying a coordinated strategy to secure overseas critical mineral assets. Coal India Ltd. (CIL), National Mineral Development Corporation (NMDC), ONGC Videsh Limited (OVL), besides Khanij Bidesh India Ltd.

WSJ: Nitzan, tell me about the generative AI tools that eBay is working on. What’s available already, and what do you have in store for the year ahead? Mekel-Bobrov: We have a three-pronged approach to our generative AI strategy, the first one being the listing process. So really, these are seller-facing tools, including description generation, listing generation, as well as some of the image modification and enhancements that generative AI enables sellers to do with our tools to create more engaging and more studio-quality photography and listings.

India is considering formulating standard operating procedures (SOP) for negotiating free trade agreements (FTAs) as the country is engaging with several trade partners for such pacts, an official said. To discuss the various aspects of these agreements, the commerce ministry is organising a two-day 'Chintan Shivir' on FTA strategy and SOPs for trade negotiations. Former commerce secretaries, industry experts and government officials would participate in the deliberations on May 16-17 at Neemrana, Rajasthan. Various issues that would come up for deliberations include India's trade strategy and vision 2047; economic assessment and modelling of FTAs; inclusion of new disciplines into FTAs such as labour, environment, gender, indigenous people; services and digital trade; SOPs for FTA negotiations; and industry experience on utilisation of the FTAs.

Vivek Joshi on Wednesday said increasing Free Trade Agreements (FTAs) would be a key strategy for enhancing India's financial services exports. Inaugurating a workshop on financial services in FTAs here, Joshi highlighted the pivotal role of financial services in India's export strategy. The workshop organised jointly by Department of Financial Services (DFS) and Exim Bank brought together key stakeholders from the government bodies and academia to delve into the intricate dynamics of FTAs and the pivotal role of financial services in the new-age FTAs. India has significant potential to capitalise on the growing demand for financial services globally, particularly with the emergence of GIFT City as a major hub for financial services, Export-Import Bank of India (Exim Bank) said in a statement.

WhiteOak Capital Mutual Fund on May 14 announced the launch of their new fund offer (NFO) – WhiteOak Capital Special Opportunities Fund.

Purchasing a new car brings excitement to the entire family, as everyone looks forward to having the best vehicle for comfort. However, amidst this excitement, one crucial consideration that arises is the cost. While affordability may not be a concern for some when money isn’t an issue, it’s essential to factor in cost-saving measures both during the initial purchase and for long-term ownership when budget constraints come into play.

Securing a home loan is a major financial step and it’s crucial to have a comprehensive understanding of the entire process. A home loan offers excellent tax-saving opportunities, and recent budget changes have further enhanced their attractiveness.

Dr. Ravi R Kasliwal, Chairman, Clinical & Preventive Cardiology Heart Institute, Medanta, Gurgaon "Regular exercise, maintaining a healthy weight, managing stress, and a balanced diet rich in fruits, vegetables, and whole grains are all essential for keeping blood pressure in check." Micro Labs is committed to providing evidence-based solutions.