Strategy Financial News

Sanjai Kumar, CMD, RailTel, says LTE and Kavach put together, there is an opportunity of Rs 35,000 crore and we expect to get orders worth Rs 5,000-6,000 crore. Kumar also says:. “When we talk of volumes in terms of capacities, we are growing, but this year we have already planned some strategies and we are hopeful of at least double digit growth. We are trying to get 10% plus this year.” Congratulations,you have surpassed your FY24 growth guidance by a big margin. What targets have you set for the company for FY25 and what kind of revenue growth are you expecting? Also, what margins do you expect in FY25? Sanjai Kumar: Overall, we talk of annual performance. We are satisfied with the performance. We have grown by 31%. In 2024-25, we hope to continue with the same growth guidance in terms of revenue. It will be around 30%. The EBITDA margin, which was 18% last year, is expected to continue this year as well.

. However, in the event of any political surprise, the markets will witness a significant downturn, requiring a substantial amount of time to bounce back. Additionally, any tax hike on equities, at the very least, will result in an equivalent and opposite price reaction, which would overshadow any other positives, Arora added.

League of Legends Patch 14.10 is set to be one of the most significant updates this season, with massive adjustments to items and runes. These changes are poised to dramatically shift the meta for the middle of the season.

IIHL is yet to get a nod from insurance watchdog Irdai for its Rs 9,650-crore acquisition of Reliance Capital, its chairman Ashok Hinduja has said. Stating that IIHL has been in touch with the Insurance Regulatory and Development Authority of India (Irdai) since November on the deal, he said IIHL is «hopeful» of the nod coming as soon as possible and added that usually, such a go-ahead comes in 2-3 months. Speaking with reporters here over the weekend, Hinduja said IIHL will be able to pay the sum it has bid for within 48 hours of the Irdai nod and complete the deal. With a little over three weeks to go before the National Company Law Tribunal's May 27 deadline for executing the Rs 9,650 crore buy of RCAP comes to a close, Ashok Hinduja said the Mauritius-based IIHL has tied up Rs 7,500 crore from a clutch of banks for the acquisition.

gold and silver trading, volatility is a constant companion, posing both opportunities and risks for investors. To shield portfolios from potential losses during turbulent times, hedging strategies play a crucial role. This article explores various hedging techniques that traders and investors can employ to protect their portfolios in the volatile Gold and Silver market.

Maharashtra, which are gearing up for the upcoming Lok Sabha polls. The government has set the MEP at USD 550 per tonne, which translates to approximately ₹46 per kg. Considering the export duty, the effective minimum price for shipments will be around USD 770 per tonne, or about ₹64 per kg.

Storyline

capital markets, AI is revolutionising the way trading operates. Algo trading, also known as algorithmic trading, can and will harness the power of artificial intelligence to automate the trade execution process, as well deciding what and how to trade, fully.

Bosch (Bosch family). In Sweden, the Wallenbergs control significant shareholding in its mega corporations like ABB, Volvo, Erickson, Electrolux and others, with their management left in professional hands. It is similar with other European businesses like H&M (Persson family).

party candidate from Raebareli seat after days of suspense. But Garry Kasparov was not commenting on Jairam Ramesh's tweet but to a “random thought" by an X user. The user said that Garry Kasparov and Indian chess grandmaster Viswanathan Anand retired early and “didn’t have to face the greatest chess genius of our times." Responding to the post, Garry Kasparov said, "Traditional dictates that you should first win from Raebareli before challenging for the top!" followed with a laughter emoji.

BlackRock has taken a minority stake in Willow, a firm dedicated to enhancing advisor’s capabilities as they address the needs of an increasingly diverse client base.

Private Advisor Group, a large independent wealth firm based in Morristown, New Jersey, has made another addition to its network.

Sixth Street, the investment firm that owns a 20% stake in the San Antonio Spurs, is planning to raise its first fund dedicated to the sports ecosystem, according to people with knowledge of the matter.

Hardeep Singh Nijjar have been arrested, the RCMP confirmed Friday.The RCMP took three Indian nationals into custody on Friday morning, almost a year after Nijjar was gunned down at the Guru Nanak Sikh Temple in Surrey, B.C.The suspects entered Canada on student visas but may have been working at the direction of Indian intelligence when they shot Nijjar, a source familiar with the matter said.Karanpreet Singh, 28, Kamalpreet Singh, 22, and Karan Brar, 22, have been charged with murder and conspiracy in Nijjar’s killing, according to B.C. court records.The offences were allegedly committed in Surrey and Edmonton, where the men were living and were arrested.

A year after a wave of speculation broke out over its application to trademark the word “IndexGPT” in connection to an unspecified artificial intelligence-powered tool, JPMorgan Chase & Co. is finally unveiling the product that will bear the name.

The Canada Revenue Agency (CRA) will soon require employees to make their way to the office for at least three days a week, following the Treasury Board of Canada Secretariat’s lead.

₹2,391.98 crore on Friday, while domestic institutional investors, or DIIs, net purchased ₹690.52 crore, helping the market recover to an extent. Both the Nifty and the Sensex fell 2% from their day highs.

Indian Premier League 2024 table toppers Rajasthan Royals on 2 May lost to Sunrisers Hyderabad by just a run. However, it was not the defeat that hurt the franchise, but Riyan Parag dropping Travis Head at backward point. Referring Riyan Parag as safe as Reserve Back of India, former India captain Sunil Gavaskar, who was commentating on Star Sports was stunned at Parag missing the catch of Travis Head.

«After eight years at Sarasin & Partners in several senior roles, Jerry Thomas has decided to move on to pursue challenges outside the business. He leaves with our best wishes for the future,» a spokesperson said.  He currently co-manages the Sarasin Responsible Global Equity, Thematic Global Equity, Global Dividend, IE Global Equity Opportunities and JSS Sustainable Equity — Global Thematic funds. Sarasin & Partners names head of investment strategy in leadership team shake-up Thomas joined the firm in 2016 from Allianz Global Investors, where he spent 12 years as a UK, European a...

The government is today facing a barrage of criticism from green groups and politicians, after the High Court ruled for a second time that its net zero strategy was insufficiently detailed and as such is unlawful under the Climate Change Act. In a written judgement, Judge Clive Sheldon upheld the bulk of the case brought by campaign groups ClientEarth, Friends of the Earth, and the Good Law Project. Unlawful: High Court rules UK's climate plan is in breach of Climate Change Act The court ruled the government's Carbon Budget Delivery Plan — which was published last year in respons...

NEW DELHI : The government is exploring new pricing strategies for the medical device industry and also looking at specific regulations to streamline the licensing, trading, and exporting processes for manufacturers, according to officials familiar with the situation. Medical device licences are currently categorized under the Drugs and Cosmetics Act, and industry associations have long advocated for specific regulations, arguing that the criteria for drug licensing are not suitable for medical devices.