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Quiver Quantitative — Boeing (NYSE:BA) (BA) is exploring the sale of at least two defense business units amidst its significant ongoing crisis. The aircraft manufacturer has engaged financial advisers to find potential buyers for some of its smaller units, a move that began roughly a year ago and not directly triggered by the recent accident on January 5, which has drawn extensive scrutiny towards Boeing.

Quiver Quantitative — Texas's recent move to divest $8.5 billion from BlackRock (NYSE:BLK) (BLK), citing the company's policies on fossil fuels, has sparked significant controversy and criticism from the asset manager. This decision, announced by Aaron Kinsey, the Republican chairman of the Texas State Board of Education, aligns with a 2021 Texas law aimed at restricting investments with firms boycotting the fossil fuel industry.

Assam chief minister Himanta Biswa Sarma on Wednesday said that Assam is looking forward to new investment opportunities from Hindustan Unilever Limited (HUL) including enhanced value addition to the tea industry. Sarma stated on X, “Today in Mumbai, I had an excellent discussion with Mr. Dev Bajpai of Hindustan Unilever Limited & Mr. Prashant Mehta and Mr Saurav Sharma of Lilavati Medical Trust. Assam is looking forward to new investment opportunities by HUL including enhanced value addition to our tea industry. We anticipate an enthusiastic participation by Lilavati Trust in the State’s healthcare sector.” Sarma early this month said that within one month and without any investment summit Assam has secured Rs 80,000 Crore investment.

Aster DM Healthcare on Wednesday said that the separation of its Indian and Gulf (GCC) businesses, and the proposed investment in its GCC business by an investor group led by UAE-based PE firm Fajr Capital, is in the final stage of completion. Aster DM in November last year had agreed to sell a majority stake in its Gulf business to a consortium led by Fajr Capital for $1 billion. Under the separation plan, a Fajr Capital-led consortium entered into a definitive agreement to acquire a 65% stake in the company’s GCC business. The plan was approved by the company’s shareholders in January 2024.

Gate Group Adds Italian VASP Registration to List of Global Expansion Achievements

Delhi Police has intensified checking at the national capital's borders to prevent the illegal supply of liquor and the movement of unaccounted for cash after the Model Code of Conduct for the Lok Sabha elections came into effect, officials said on Wednesday. Police in the border areas have been directed to keep an eye on the movement of suspicious vehicles, a senior officer said. The Election Commission on Saturday announced several strategies to deal with the four-fold challenge of the 4Ms — «muscle, money, misinformation and Model Code (of Conduct) violations». In one of the first actions, the Delhi Police on Tuesday arrested a man identified as Ajay (22), a resident of Haryana's Sonipat, for allegedly illegally transporting 20 cartons of liquor. The vehicle used to carry the liquor and two number plates were also seized.

McDonald’s CEO will become chairman of the company’s board later this spring, the company said Tuesday

Laffer Associates founder and Chairman Art Laffer reacts to potentially replacing Jerome Powell as Fed Chair and discusses whether the Fed will cut interest rates in 2024 on 'Making Money.' #foxbusiness #makingmoney

BJP. The BJP's southern push is part of its larger plan to emerge as a pan-India party. But there are short-term considerations too. The party's target of winning 370 seats when it has maxed out in its traditional stronghold states can be realised only by winning more seats in the South. Additionally, it is expecting strong resistance from opposition parties in Maharashtra and Bihar and also its South Indian bastion of Karnataka, where its NDA coalition won 26 out of 28 seats in 2019 polls. Its new chief ministers in Rajasthan and Madhya Pradesh are untested which could be a vulnerability. For these reasons, the BJP has crafted a major campaign for South India led by Prime Minister Narendra Modi who has visited South India nearly two dozen times in the past few months. Modi on Tuesday wrapped up his whirlwind tour of South India by holding a roadshow in Kerala and a public rally in Tamil Nadu

White House unveiled almost $20 billion in new grants and loans Wednesday to support Intel's US chip-making facilities, marking the Biden administration's largest funding announcement yet as it tackles China's dominance of the crucial technology. President Joe Biden's decision to make the announcement during a trip to Arizona underscores his strategy of highlighting legislative achievements in key battleground states ahead of November's presidential rematch against Donald Trump.

Mint recently spoke with a Bengaluru-based family about its decision to seek the guidance of a registered investment adviser (RIA) and how their financial plan is now helping them achieve their goals. Neeraj Gupta, 37 and his wife Etti Gupta, 35, both IT professionals, managed their family finances on their own until 2019. In 2017, he met with a road accident.

universe of investing—a place not just for experts but for you, too. My first step into the stock market was actually helping my dad. I was about 18 or 19 years old and became the family's go-to person for technology.

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On Tuesday, corporate bond research firm Gimme Credit maintained its Underperform rating on Alibaba (NYSE:BABA) bonds, despite noting the company's solid cash generation, which allows it to service its debt comfortably.

Following the ECB, all eyes are on the Fed's upcoming interest rate decision, and the US central bank is anticipated to hold rates steady.

People banking on an interest rate cut may not like the direction Canadian inflation is heading if analyst expectations prove correct.

The Federal Reserve, meeting tomorrow, is expected to maintain current interest rates. Persistent inflation, indicated by last week’s U.S. consumer and producer price data, has diminished expectations for a rate cut by June.

In a development touted as “the future of financial advice,” Alai Studios and Shaping Wealth unveiled Lydia, a new AI-powered tool designed to help financial advisors better meet the emotional and financial needs of their clients.

The Securities and Exchange Commission stands accused of trying to “vastly expand its authority” in a lawsuit filed by three investment industry associations.

Competing with over 40 foreign banks in India, Maybank Indonesia's Global Banking Director, Ricky Antariksa, said the Bank seeks to continue supporting business and trade relations between Indonesia and India. "Maybank Indonesia has been present in India for over ten years, and we are committed to further support and capture our business flows while continuing to serve trade clients through our branch in Mumbai.