Strategy Financial News

₹25,000, bringing the S1 Pro to ₹1.30 lakh, the S1 Air to ₹1.05 lakh, and the S1 X+ to ₹85,000, all ex-showroom. As per the publication, this move follows a similar strategy in January when Ola Electric offered discounts such as a flat ₹20,000 off on the S1 X+ and additional benefits like free extended warranty, exchange bonuses, and credit card discounts on the S1 Pro and S1 Air. Reportedly, potential buyers were also provided with attractive finance options, including zero down payment, no-cost EMI, zero processing fees, and an enticing 7.99% interest rate.

By Sara Rossi

subsidies may be tapered in favor of a smaller outlay under a new or extended version of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles or FAME-II scheme. Government officials with direct knowledge of the discussions told Mint on Wednesday that could be the case. For now, uncertainty surrounds the fate of electric vehicle (EV) incentives, with the ₹11500 crore FAME-II scheme set to expire this financial year, sparking discussions about the potential transition to FAME-III.

stock market investments cannot afford to ignore the much-acclaimed American billionaire investor Steven A Cohen who in his own words had a penchant for stocks since childhood. Cohen, the creator of Point72 Asset Management and former leader of SAC Capital, gained a reputation for his assertive and prosperous investment tactics. As of April 2022, his net worth is approximated to be $17.4 billion.

“In India, certified finance professionals earn about 20% more than their non-certified counterparts, reflecting their enhanced expertise and market value. Additionally, Indian data scientists, benefiting from specialised certifications, can earn 1.7x to 2x times more than data engineers. These figures underscore the significant impact of professional certifications in the financial sector,” says Nirupama VG, Founder, AdAstra Consultants.

[2024.02.15] — Dibbles, a pioneer in the integration of meme culture and blockchain technology, proudly announces the launch of the ERC404A standard, a significant advancement in blockchain efficiency. This new development promises an unprecedented 77% reduction in gas costs, setting a new benchmark in the industry and marking a major milestone in blockchain’s evolution.

Interest in sustainable investing has taken a back seat in the past year after the the environmental, social and governance strategy found itself enmeshed in a political storm. 

After a string of good news in the past few weeks, LPL has notched another small win as it welcomes a new advisor team to its ranks.

Cetera has bolstered its wealth advisor network with the addition of a South Carolina-based financial planning practice.

By Seher Dareen and Ross Kerber

SAN JOSE — QuantumScape Corporation (QS), a pioneer in the development of solid-state lithium-metal batteries, reported a fourth-quarter earnings miss, with an adjusted EPS of ($0.23), which was below the analysts' estimate of ($0.19).

Investing.com — Warren Buffett’s Berkshire Hathaway (NYSE:BRKb) disclosed its holdings for Q4/23 through its 13F filing, revealing a cautious approach to stock purchases during a period when stock prices surged.

By Medha Singh

₹15,947 crore. According to Coal India, the company's forthcoming thermal power projects will utilize Ultra Super-Critical technology, which significantly reduces carbon emissions compared to traditional coal-fired plants.

JDS leader Kupendra Reddy emerged as the surprise fifth candidate for the Rajya Sabha election from Karnataka. He filed the nomination papers for the February 27 polls, in which MLAs are the voters, in the presence of JDS and BJP leaders. There are only four vacancies, and one BJP and three Congress candidates would have won unopposed, but the contest has taken a curious turn with the entry of Reddy as NDA candidate. The development is sure to send a chill in the Congress camp, causing worries of cross voting. The Congress on Wednesday night named AICC leader Ajay Maken, and sitting RS members GC Chandrashekar and Syed Naseer Hussain, for the three seats. Maken is taking the seat vacated by Dalit writer L Hanumanthaiah. The BJP has named former MLC Narayansa Bhandage for the outgoing member Rajeev Chandrasekhar’s seat.

₹1413.30 in intra-day deals on Thursday, February 15 after the largest private sector lender informed in a press release that has witnessed healthy growth in its Home Loan Business post its merger with HDFC. The lender announced that its home loan business experienced a stable and healthy double-digit YoY growth for two quarters, ending December 31, 2023. The growth in sales turnover has come on the back of a wider distribution network with a 3.6 percent sequential growth as of December 2023, the highest amongst peers in home loans.

By Pablo Mayo Cerqueiro, Andres Gonzalez and Oliver Hirt

Tata Neu, positioned as a 'super app.' However, Tata Digital denies any ongoing talks, and Uber has not responded to queries. Tata Neu, part of Tata Digital, aspires to cater to 50% of an average customer's daily, monthly, and annual needs. However, it faces challenges such as stagnation in user growth and low customer engagement.

The past two days have brought bullishness in many counters and here are two stocks that can give good returns in the near term.

interest rates and real estate prices. Many prospective homeowners grapple with the decision: should you buy now or wait in hopes of lower interest rates? This question, while important, overlooks the broader financial landscape that encompasses down payments, stamp duty, existing liabilities, and the pivotal role of your credit score. When considering a home purchase, particularly one as substantial as a ₹2 crore property, the initial focus should be on securing the necessary down payment.

MintGenie, Chopra said that when analysing fund performance, investors should consider not only point-to-point performance but also the fund's rolling returns relative to its benchmark, as well as risk-adjusted performance. 6.5% economic growth is expected in Fiscal year 2024-25 making India one of the fastest-growing economies in the world. The Indian Economy is expected to outgrow China’s economic growth because of the high foreign investments expected in 2024.