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Lok Sabha Elections around the corner, PM Modi said the Bharatiya Janata Party (BJP) can do it." needs to reach every new voter. "In the next 100 days, we all have to reach out to every new voter, every beneficiary, every community. We have got to win everyone's trust and support...," he said.

₹2,000 crore as current capital work-in-progress, the expansion will increase its total room count to 5,000 in the next three to four years. Sanjay Sethi, the company's managing director and chief executive, told Mint that Chalet Hotels' strategy hinges on capitalizing on demand generated by office spaces in proximity to their hotel properties, ensuring a robust and continuous customer base. In an industry trend moving towards reduced asset ownership and a focus on hotel management, Sethi said that Chalet Hotels stands out by pursuing growth in both its balance sheet and Ebitda (earnings before income, tax, depreciation, and amortization).

Managing such conflicts and getting something positive out of it is a key skill C-suite executives have to learn to become effective leaders.

₹11.11 lakh crore (3.4% of GDP). Numerous pivotal announcements were made across diverse sectors. Furthermore, the connection between India’s infrastructure development and the facilitation of foreign investment via Bilateral Investment Treaties (BITs) is anticipated to enhance India’s economic strategy.

investing. The cube has 43 quintillion combinations, and if you stare at it long enough, you will find it mind-boggling. Similarly, even investors with several years of experience and expertise find investing challenging.

Ola Electric last week cut the price of its entry-level scooter by ₹25,000. That brought down the price of the Ola S1X+, with a 3kwh electric motor, in line with that of the top-selling petrol-powered scooter, Honda's Activa. Steep price cuts and the launch of affordable models by companies like Ola Electric, Ather Energy and Bajaj Auto-owned Chetak Technology have helped narrow, or even bridge, the gap between the prices of battery-powered and petrol-run two-wheelers. Industry experts expect the increasing affordability to quicken the adoption of electric two-wheelers in India. While sales have been surging and are expected to be around 850,000 units in fiscal 2024, electric two-wheelers still account for just 4.5% of the market. The main challenges to adoption of this cleaner mode of mobility have been higher acquisition cost compared with petrol-powered models and inadequate charging infrastructure.

Foreign institutions remain bullish on the Indian real estate sector due to its promising long-term growth prospects. Political initiatives such as increasing investments in smart cities and ongoing regulatory reforms like RERA have enhanced the sector’s attractiveness to foreign investors, says Vishal Raheja, Founder & MD, InvestoXpert.com.

By Julia Payne

Goldman Sachs Group Inc. has increased David Solomon’s compensation by 24% to $31 million, despite a year of diminished earnings for the Wall Street giant. The decision to boost the chief executive officer’s pay came amidst a challenging year, during which the firm witnessed a 24% decline in profit and focused on resolving internal conflicts while promoting a streamlined strategy.

MCX Gold and Silver trading, understanding price patterns is crucial for informed decision-making. Three prominent patterns — heads & shoulders, double tops and double bottoms — offer valuable insights into potential price movements, aiding traders in navigating the dynamic precious metals market. Head & Shoulders The head & shoulders pattern typically signals a trend reversal from bullish to bearish. It consists of three peaks—the left shoulder, head, and right shoulder—where the central peak (head) is higher than the two shoulders. Traders can use this pattern to anticipate a downward price movement following the completion of the right shoulder.

By Kamil Khan

The multi-billion dollar opportunity in India’s push for solar energy is also a lucrative opportunity for the wires and cables industry. “The long-term outlook is promising, given the increasing adoption of solar energy in residential and commercial sectors. We anticipate sustained growth as demand for specialized wiring solutions rises,” says Rajesh Jain, CFO, RR Kabel. In this interview with ET Markets, Jain also talks about the Q3 numbers and company outlook. Edited excerpts

After more than a decade in the broker-dealer space, one advisor is making a break for independence by opening his own firm. David Eisenhauer has officially launched Greykasell Wealth Strategies Inc., an RIA that aims to address the complex financial needs of high-net-worth individuals, families, and business owners.

STARTECK, a leading company, announced their Q3 FY24 results on 14 Feb, 2024. The topline saw a notable increase of 9.26% compared to the same quarter last year.

Goldman Sachs Group Inc. boosted David Solomon’s compensation 24 percent to $31 million for a year in which earnings slumped at the Wall Street giant.

₹18,838 crores, marking the seventh consecutive month with inflows surpassing ₹15,000 crores and the twenty-ninth consecutive month with inflows exceeding ₹10,000 crores in January 2024, according to an insights report by Geojit. This robust performance underscores the sustained confidence of investors in systematic investment plans, reflecting a consistent trend of substantial inflows into the market. SIP is a methodical strategy for investing that entails setting aside a modest, predetermined sum of money for market investment at consistent intervals, typically on a monthly basis.

Stellantis CEO Carlos Tavares has his attention fixed on Chinese competitors as the automaker’s launch of its electric vehicle strategy begins in earnest

Bandhan Bank has acquired 12 offices spread across two floors in a commercial tower in Mumbai’s business district Bandra-Kurla Complex (BKC) on an outright basis for more than Rs 135.64 crore. The bank has picked up these commercial offices in INS Tower in BKC from four different sellers — Suraksha Realty, Neostone Developers, Orbit Enterprises, and Veera Associates. The bank has picked up the new office space as part of its growth and expansion strategy. It is expected to use this new space, which is nearly four times bigger than the current office in BKC’s Platina tower, as its Mumbai corporate office.

With a commanding lead in the polls ahead of a general election later in the year, the opposition party has set out its plans for financial services. Warning that the UK is in danger of slipping behind when it comes to innovation in financial services, the party says it will adopt a coordinated strategy and regulatory framework to embrace new technology. Labour "fully supports" the Bank of England's CBDC work and also wants to embrace securities tokenisation, which it says could increase liquidity, provide access to new asset classes and fractionalised assets, and strengthen risk management. "A future Labour government will therefore look to make the UK a global leader in tokenisation by advancing work to clarify the law around tokenisation, and working with regulators to establish a proportionate, outcomes-based regulatory regime to oversee the technology," says the plan. Labour also wants to take a lead in setting international standards for the use of AI in financial services. Meanwhile, the party is backing the Joint Regulatory Oversight Committee's work to define the next phase of Open Banking including laying out the long-term regulatory framework. It is also promising to develop a roadmap for Open Finance, arguing it has the potential to help improve financial inclusion and support household saving and investment. In addition, a Labour government will ask the FCA and PSR to evaluate the potential to stand up a new regulatory sandbox to encourage development of products to reach excluded and underserved Brits. Read the full plan

PM Vishwakarma Scheme encompasses various primary goals focused on providing support and empowerment to artisans and craftspeople in India. Here are some of the pivotal objectives: Skill and knowledge enhancement: The initiative encourages skill development by organizing training programs and workshops. This enables artisans to enhance their traditional skills, acquire new techniques, and produce improved products.

₹100 crore per year. The lay-offs have already begun and the exercise is expected to be completed by March. "As part of our turnaround and cost-cutting strategy, following the recent fund infusion, SpiceJet has initiated several measures, including manpower rationalization, aimed at achieving profitable growth and positioning ourselves to capitalize on the opportunities in the Indian aviation industry," a SpiceJet spokesperson had said on the lay-offs.