Strategy Financial News

BENGALURU : Two years after the Zomato- and Temasek-backed Shiprocket gained its unicorn status, the logistics startup has embarked on a tried-and-tested route to accelerate growth—through acquisitions. Shiprocket is scouring for companies specialising in marketing and advertising tools, conversion and data platforms, customer experience enhancements, capital and lending services, and cross-border enablement, said co-founder and chief executive Saahil Goel in an interview with Mint. Goel declined to disclose the company's current cash reserves.

financial markets, is a testament to this. In algorithmic trading, even microseconds matter. Amidst the staggering data volumes, sentiment analysis decodes market sentiments in real-time.

NEW DELHI : Is Tesla on its way to India, or not? Despite the Indian government's enthusiastic rollout of a new electric vehicle policy primarily aimed at attracting EV makers such as Tesla, the Elon Musk-led automaker has remained non-committal about its plans to enter the Indian market. In fact, Tesla has not conducted any significant studies or held detailed discussions with state governments in India yet, people familiar with the situation told Mint, signalling a lack of immediate intent to establish a manufacturing presence in the country.

Q4 results 2024: Ahead of the announcement of Vedanta Q4 results today, the Indian metal major Vedanta shares witnessed selling pressure in early morning deals. Vedanta share price today opened downside at ₹380 apiece on NSE and went on to touch an intraday low of ₹377.10 per share, recording around 1.65 percent intraday loss during Thursday deals.

forex robot designed to transform trading experiences. Developed for the MetaTrader 4 platform, Rushpips combines advanced technology with user-friendly features, setting a new standard in automated trading. The Rushpips Expert Advisor utilizes a scalping strategy, which is highly effective in the fast-paced forex market.

1. SIPs are only for the rich - SIPs are accessible to investors across all income brackets. With investment amounts starting as low as ₹500, SIPs offer an affordable entry point for individuals from diverse financial backgrounds to participate in wealth creation.Also Read: Mutual funds: SIP contributions jumped 28% to nearly ₹2 lakh crore in FY 24, shows AMFI data 2. SIPs guarantee high returns - SIPs do not assure high returns or protection against market volatility.

“We believe that each bull run brings forth new leaders due to significant shifts at the company, industry, national, or geopolitical level,” says Anirudh Garg, Partner & Head Research, INVasset PMS. In an interview with ETMarkets, Garg said: “Early in the cycle, we identified that the most significant changes were happening in the Capex and Capex-oriented sectors, and public sector enterprises,” Edited excerpts: Invasset PMS has garnered retention for its impressive performance in the financial year 24, standing out as a top performer. Could you share with us strategies or decisions that led to the success? Anirudh Garg: At Invasset PMS, our approach to the markets is fundamentally quantitative. For most of this financial year, we were in what we call our 'Stage Two — Growth Stage'.

₹90,000 a lot from ₹1.8 lakh for traders of futures contracts and sellers of options contracts. “This could result in increased volumes by participants and narrowing bid-ask (buy-sell) spreads. As VIX is calculated based on index options’ bid-ask spreads, the narrowing spreads will result in lower VIX levels," explains Modi.

Q4 results today: A total of 38 companies will announce their financial results for the fourth quarter of FY24 today, April 25. Bajaj Finance, Nestle India, Tech Mahindra, IndusInd Bank, L&T Technology Services, Schaeffler India, ACC, MphasiS, Coromandel International, Laurus Labs, Cyient, Jai Balaji Industries, Himadri Speciality Chemical,Tata Teleservices (Maharashtra), Olectra Greentech, Welspun Living, Zensar Technologies, Tanla Platforms, AAVAS Financiers, and UTI Asset Management Company will announce their Q4 results today.

Bajaj Finance, Nestle, Tech Mahindra, IndusInd Bank, Axis Bank, HUL, Kotak Bank among others will be in focus due to various related developments or quarterly earnings. Bajaj Finance, Nestle, Tech Mahindra, IndusInd Bank Shares of Bajaj Finance, Nestle, Tech Mahindra and IndusInd Bank will be in focus as the companies will announce their quarterly results later in the day.

The S&P 500 returned an impressive 10.6 percent in the first quarter of 2024. And that was on top of last year’s more than 24 percent gain. That’s not bad for financial advisors seeking to curry favor with their clients.

Concurrent Investment Advisors is welcoming four industry veterans to its roster of leadership as it looks to amplify its focus on growth and succession.

a $600 million settlement over the disastrous February 2023 Ohio derailment there were few surprises in Wednesday’s numbers. Norfolk Southern confirmed the $53 million, or 23 cents per share, that it earned in the first quarter.

A select few BJP office-bearers are active in the old party office on Ashoka Road which is functioning as a war room. A team of BJP functionaries have shifted base to the old office. Key campaign strategies — based on feedback from social media, newspaper reports and programmes on news channels — are collated and discussed before being moved to the higher ups. Those preparing ads and dealing with campaign material and logistics also meet the concerned teams here. The campus is out of bounds for the neutral media. Bengali actor’s person

JioCinema is set to disrupt India's subscription video-on-demand (SVOD) market with one of the industry's lowest pricing plans for premium content. Beginning April 25, JioCinema Premium will offer Indian and Hollywood entertainment content at an introductory tariff of ₹29/month for a single device and ₹89/month for up to four devices, the company said. This comes close on heels of success of its free strategy in the advertising VOD space. Live sports and catch-up broadcast content will continue to be available for free, the company said, adding that JioCinema, like other broadcast-owned OTT (over-the-top) platforms, will use a hybrid monetisation strategy. The new pricing is a significant drop from its ₹999/year and ₹99/month plans, which offered only Hollywood content. Unlike the existing plans, the new plans will be ad-free, the company said.

BlackRock has officially launched a new product to help American workers take on the all-encompassing problem of retirement security.

Norfolk Southern's first-quarter earnings report Wednesday gave the railroad the opportunity to publicly defend CEO Alan Shaw's strategy again before investors decide on May 9 whether to back him

FPIs continue buying cyclicals like capital goods, auto stocks while selling defensives in April Kamath also reposted a message from Sensibull, an options trading platform owned by Zerodha, aimed at assisting traders in grasping the concept of spreads. Here is a brief overview of its post - One significant benefit of employing these strategies lies in the containment of losses. Irrespective of market volatility or unforeseen circumstances like circuit breakers or geopolitical unrest, losses are restricted to a predetermined level.

₹17,500 crore, supported by strong demand and a robust launch pipeline, said a top company executive. In FY24, the Mumbai-based developer recorded ₹14,520 crore in pre-sales, its highest-ever in a year. Macrotech is the one of the top four bestselling developers in the country, along with DLF Ltd, Prestige Group and Godrej Properties Ltd.

Amazon.com will let companies use their own generative artificial-intelligence models inside its AI app development platform, part of a package of moves the cloud-computing giant is launching to keep up with its rivals in AI. Amazon Web Services said “tens of thousands" of businesses are using Bedrock, its AI app development platform.

According to a Morningstar report with data to 31 March 2024, the initial growth in this market coincided with a «boom» in bond strategies, resulting in active bond ETFs securing the lion's share of assets when interest rates were lower and greater confidence was held by active management. BlackRock launches two active iShares ETFs in Europe But in the past two years active equity ETFs grew exponentially, to the point where they have now overtaken their fixed income counterparts, the data provider found, gathering €20bn in the last two years alone. Active equity strategies manage...