Strategy Financial News
10.12 / 01:01
Digital
Waters
Strategy
Align
President
performer
track
Green Shoots: Sustainability now part of corporate agenda for Indian tech companies
sustainability metrics of the building — carbon dioxide reduction, water conservation, alternative energy usage, etc. On the day ET visited the campus where 8,000 employees work, the display board said that the smart lighting had saved 2,750 MWh till date (since the building became operational in 2019) – ‘enough to run 573K computers for 10 days’. Further, 131 mega litres of water had been recycled, which is ‘enough water for 188K homes per day’, it said. Intel is not alone. Several tech companies with a presence in India are getting increasingly conscious, of not just their top line and bottom lines, but also the green line — their environmental impact.
09.12 / 17:51
Target
FIVE
Platform
Strategy
country
testing
2024
strategies
BJP Ready for 2024: Strategies, platforms tested in states
2024 Lok Sabha elections and for the party, the assembly polls that just ended were a trial run that went as per its plans. The party is scaling up the strategy it employed successfully in the three states — Madhya Pradesh, Rajasthan and Chhattisgarh — where tough contests were predicted but the verdicts were one-sided in favour of the BJP. It has already started working on mass-scale worker and voter mobilisation across the country, to be completed before the campaign formally starts for the Lok Sabha polls, according to party insiders.
09.12 / 14:21
Waters
Fighting
Strategy
Immunic
Flushing
pop
infection
strategies
Get winter-ready with 7 easy immunity boosting strategies to stay healthy
Here are 10 practical tips to fortify your body's defences and stay in good health during the winter months.
09.12 / 09:17
Platform
Strategy
Align
Enterprise
IT firm SourceFuse expects to cross Rs 200 crore in revenue this fiscal, hire 140 people
SourceFuse expects to cross Rs 200 crore revenue mark this fiscal driven by its machine learning solution segment, a senior company official said. SourceFuse co-CEO and cofounder Gautam Ghai told PTI that the company plans to increase headcount by about 25% to 700 people next year from around 560 at present as it looks to broaden customer base and diversify offerings. «In a year marked by widespread sluggish growth, companies globally have faced various challenges. At SourceFuse, we have proactively addressed this trend by intensifying efforts to broaden our customer base and diversify offerings. We are making a strategic bet on Gen AI to drive revenue growth and expand its footprint in the market,» Ghai said.
09.12 / 05:47
Citizens
Fighting
Assurant
Strategy
President
show
country
With Putin's reelection all but assured, Russia's opposition still vows to undermine his image
Russian opposition figures vow they will still put up a fight against President Vladimir Putin as he seeks yet another term in office in an election in March. Although they believe Putin will be declared the winner no matter how voters cast their ballots, they say they hope to undermine the widespread public support he enjoys, turn popular opinion against the devastating war he unleashed on Ukraine, and show those who oppose it already that they are not alone.
09.12 / 05:47
Extreme
Strategy
President
"May she be blessed...": PM Modi extends birthday wishes to Sonia Gandhi
Prime Minister Narendra Modi wished Congress Parliamentary Party Chairperson Sonia Gandhi on her 77th birthday. «Best wishes to Smt. Sonia Gandhi Ji on her birthday.
09.12 / 04:23
Google
CEO
Strategy
President
reports
shock
OpenAI: Why was CEO Sam Altman sacked? Lack of transparency, personal issues, power struggle and more
OpenAI’s board made the shocking decision to fire Chief Executive Officer Sam Altman on the Friday before Thanksgiving, it offered little detail beyond a statement that the leader of the artificial intelligence startup was not “consistently candid" with its directors. The statement, devoid of any details, was the opening volley in a power struggle that played out almost entirely behind closed doors.
09.12 / 04:23
Target
Aware
Strategy
Mobile
Highways
country
reports
2024
BPCL, Tata Motors subsidiary signs MoU to set up 7000 EV charging points by 2024
Tata Motors subsidiary, Tata Passenger Electric Mobility Ltd. (TPEM), signed a Memorandum of understanding (MoU) with Bharat Petroleum Corporation Limited (BPCL) to install 7000 Electric Vehicle (EV) charging points across India by 2024 on December 8, 2023. The location of these EV charging points is going to be determined by using the insights collected from over 1.15 lakh Tata EV users on Indian roads and BPCL's fuel station network.
09.12 / 03:29
Google
CEO
Strategy
President
reports
shock
OpenAI’s Sam Altman ouster was result of drawn-out tensions
OpenAI’s board made the shocking decision to fire Chief Executive Officer Sam Altman on the Friday before Thanksgiving, it offered little detail beyond a statement that the leader of the artificial intelligence startup was not “consistently candid” with its directors. The statement, devoid of any details, was the opening volley in a power struggle that played out almost entirely behind closed doors. Privately, Altman and the board jockeyed over what to say publicly and when, according to people familiar with the situation. At one point, during the discussions about Altman’s possible return as CEO, he offered to publicly apologise for misrepresenting some board members’ views in conversations when he was lobbying for a director’s removal, the people said.
09.12 / 02:03
Provident
Strategy
show
country
information
reports
Many clients carrying ‘money trauma’ into their future
While economic and financial conditions continue to put considerable pressure on their day-to-day finances, Americans are desperately looking for alternative resources to cling to that will help with their long-term financial goals and retirement savings.
09.12 / 00:33
08.12 / 22:55
Provident
Strategy
Bill
testing
recommendations
donates
Certainty of taxes matched by certainty of tax policy for now
Tax policy is pretty much as certain as taxes themselves for the moment, which will make tax season a bit easier for financial advisors and their clients.
08.12 / 22:55
FIVE
CEO
Gap
Strategy
hospital
consequences
Planning ethos shaped by grandfather’s health crisis
Troy Sharpe, CEO of Oak Harvest Investment Services, says his interest in investments — and in retirement planning in particular — took root in his childhood. Having been raised by his grandparents, he witnessed his grandfather’s health crisis, which occurred shortly after he stopped working.
08.12 / 18:07
Strategy
Align
Nestle
track
innovations
reports
strain
ITC focuses on premium goods in hunt for margins
ITC Ltd is rapidly premiumizing its portfolio with an eye on aspirational shoppers, as consumer goods makers pivot to the juicier side of the retail market for higher margins. India has typically been a value market, with more consumers buying low-priced unit packs. However, over the years, rising prosperity have prompted shoppers to increasingly buy differentiated products such as fragrant body washes, value-added hair oils and organic wheat flour.
08.12 / 17:07
Target
Digital
Strategy
performer
innovations
information
Pro Research: Wall Street examines Starbucks' strategic brew
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08.12 / 15:53
FIVE
Strategy
economy
Parke
Ex-Barclays trader leaves Singapore to start hedge fund office in Dubai
Sanchit Jain, Barclays' former head of emerging market options trading in Singapore, is leaving.
08.12 / 15:53
Digital
CEO
Strategy
Solomonic
track
consequences
2024
Morning Coffee: Bank of America traders are having their best Christmas ever. What Wall Street CEOs already hate about 2024
“It’s the most wonderful time of the year (against a very undemanding base for comparison”. Although investment banks, by and large, do not party like they used to, the festive season still means a lot more socialising, difficulty getting calendars in sync and an unwillingness on the part of clients to do anything that might complicate their year end. Consequently, December is a month in which, notoriously, not much happens.
08.12 / 15:53
JPMorgan
Strategy
Citigroup
Parke
Discover
Patrick
reports
park
Morning Coffee: The big question about Barclays' 81 new managing directors. Morgan Stanley analysts discover excuse to lurk in the park
Barclays, which is in the process of devising a new strategy that may not, but should really, mean a lot of job cuts in its investment bank, is also making some promotions. In apress release yesterday, it said it had promoted 81 managing directors in its investment bank, down from 85 last year.
08.12 / 14:49
Citi
Strategy
Enterprise
Healthcare
track
hospital
Centre
acquires
Max Healthcare acquires Starlit Medical Centre for ₹940 crore; details here
Max Healthcare Institute Ltd announced its complete acquisition of Starlit Medical Centre Pvt Ltd for an enterprise value of ₹940 crore, on Friday. This strategic move grants Max Healthcare ownership of the 550-bed Sahara Hospital located in Lucknow. The company has successfully finalized a binding share purchase agreement (SPA) to acquire a full 100% stake in Starlit Medical Centre Pvt Ltd.
08.12 / 14:49
Strategy
economy
President
Experts
reports
Italy's exit from China's Belt & Road Initiative. Why India should be happy
China on its own terms. The summit between US President Joe Biden and Xi Jinping and the EU-China Summit underscores the reality that the West is no longer ready to budge on critical issues," he added. The expert mentioned China's failed strategy to create a divide between Europe and the US and its difficulties in dealing with them amid an economic crisis.
08.12 / 13:39
Provident
CEO
Strategy
Dreams
Experts
track
information
consolidation
Debt consolidation can help you clear your debts, but consider these key factors
We all have debts, but the situation gets slightly challenging when someone has multiple debts, and he fails to manage all of them as it is not always feasible to run several loans and keep a track of all payments without delay or default. That is why it makes sense to consolidate your debts and focus on just one single debt that can be managed and repaid on time.
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