Strategy Financial News
06.12 / 15:13
06.12 / 14:19
Strategy
Dreams
reports
Dream11 parent prepares war chest as it pivots M&A strategy
GST Council’s 28% levy on online gaming firms. Jain said Dream Sports's revenues will suffer a 30-40% hit over the next two years because of this. Despite that, it will still have cash left over for acquisitions, he added.
06.12 / 13:53
Provident
Strategy
composer
testing
TURBO
Microsoft Copilot's vision revealed: GPT-4 Turbo, Code Interpreter, and DALL-E 3 for enhanced AI assistance
GPT-4 Turbo, an advanced Code Interpreter, and the integration of the latest DALL-E 3 model. Over the past few years, Microsoft has been actively integrating artificial intelligence (AI) into its suite of products, including Microsoft 365, Microsoft Edge, and Windows. In pursuit of an AI-assisted future, the tech giant has introduced a diverse array of products and services harnessing the capabilities of AI.
06.12 / 13:23
06.12 / 13:23
06.12 / 13:07
06.12 / 11:45
Manufacturing
Strategy
country
social
electronic
innovations
information
Indian robotics is shackled by high duties. The government must free it
draft of the National Strategy on Robotics. Robotics has been receiving a lot of attention lately as one of the27 focus sectors under the Make In India 2.0 initiative. Here you can hear the union minister of electronics and information technology talk about the potential of AI and robotics in India.
06.12 / 11:45
Target
Waters
Manufacturing
Strategy
social
reports
Beyond PR: How sustainability became serious business
How to Implement and Profit from Unexpected Solutions. Large corporations and their investors care about ESG metrics also because of material risks. For instance, when a soda company uses large volumes of water, it can lead to a water shortage and affect future business operations, besides opening the door for litigation and penalties.
06.12 / 11:45
Strategy
film
audience
reports
Why PVR Inox may see a lacklustre Dec quarter
Animal is creating a buzz. Sam Bahadur is another movie that is likely to help Q3 earnings. Upcoming films such as Dunki, Salaar – Part 1 and Aquaman are also expected to boost occupancy levels.
06.12 / 09:25
Career
Strategy
Forbes
country
Who is Soma Mondal? The 'Queen of Steel' who is among World's Most Powerful Women
Soma Mondal, the former chairperson of SAIL or Steel Authority of India, has been named among World's Most Powerful Women for 2023 by business magazine Forbes, which also features three more Indians. Finance minister Nirmala Sitharaman, HCL Technologies chairperson Roshni Nadar and Biocon founder Kiran Mazumdar-Shaw. The 2023 Power List was determined by four main metrics: money, media, impact and spheres of influence.
06.12 / 09:07
Strategy
Experts
recommendations
Multibagger IT stock Birlasoft rises 120% in YTD. Experts predict more rally
Stock market today: Birlasoft shares are one of the multibagger stocks that Indian stock market has delivered in 2023. In year-to-date (YTD) time, this IT stock has risen from around ₹297.50 to ₹650 apiece levels, delivering around 120 per cent return to its positional investors. However, it seems that Birlasoft stock has still some steam left.
06.12 / 06:15
Booking
Manufacturing
Gap
Strategy
economy
Bill
Nifty at new high again! B&K sees another 10% upside in 12 months, suggests this strategy
Nifty50 has been on a bull run, hitting record high for the fourth straight session on the back of stellar GDP growth in the September quarter, foreign investors inflows returning to Indian equities, stabalising dollar and yields, and hopes of a rate cut sooner than anticipated. Moreover, state election results indicating a very high probability of policy continuity also aided the sentiment. Indian markets also saw a strong rally in November, rising 5.5 percent after a weak October following strong global cues as the risk of worst-case scenarios reduced both internationally and in India.
06.12 / 05:21
Target
Strategy
Yellow
Experts
track
information
Gold Rate Today: Yellow metal drops Rs 1,800 from historic highs on MCX. Time to buy or sell?
MCX February gold futures were trading at Rs 62,245 at the opening time, up Rs 60 or 0.10% from Tuesday's closing price. Meanwhile, the March Silver futures were trading at Rs 75,403 per kg, higher by Rs 124 or 0.60%.
06.12 / 03:49
IPO
Strategy
IPOs
Why are retail investors obsessed with IPOs?
₹500 per share, with the stock listing on the exchanges at around ₹1,200. So, retail investors who managed to sell their newly issued shares at ₹1,200 would have made a huge gain of 140% on the issue price, and that too in a very short period of time from the day of applying for the company’s shares to the day of its listing. Investors investing up to ₹2 lakh in an IPO are categorized as retail investors.
06.12 / 02:43
06.12 / 02:03
Provident
Target
Strategy
economy
Bill
show
information
2024
budget 2024
Budget 2024: A quick guide on how to read the Budget document
Nirmala Sitharaman will rise up in the Lok Sabha to present the Union Budget 2024-25. It will be an interim Budget as the elections for the Lok Sabha are due early next year. The full Budget for FY25 will be presented after the formation of the new government following the general elections.
05.12 / 23:55
Citi
Provident
Strategy
Remark
performer
The Sleep Company raises ₹184 crore in Series C funding
MUMBAI : The Sleep Company, an omnichannel leader in the comfort-tech business, has raised ₹184 crore in Series C from existing investors Premji Invest and Fireside Ventures. The company, which provides both sleep and seating technology, will use the funding to grow its offline presence, expand in other regions and widen its product basket, the founders said in an interview. This is the second funding round in 12 months from the same set of investors.
05.12 / 23:07
CEO
Platform
Strategy
Bill
performer
reports
Box stock plummets 11% on Q3 earnings & guidance miss
Box (BOX) shares dropped more than 11% after-hours today following the company’s reported Q3 results, with EPS of $0.36 coming in worse than the consensus estimate of $0.38. Revenue grew 5% year-over-year to $262 million, missing the consensus estimate of $262.37M.
05.12 / 20:09
Ethereum
ETH
Provident
Action
Strategy
Pool
stage
Exploit
Exploit of KyberSwap's Concentrated Liquidity Feature Results in $46 Million Loss
On November 23, 2023, the decentralized finance (DeFi) space was shaken by a meticulously planned exploit of KyberSwap, a leading decentralized exchange (DEX). The exploit, which Doug Colkitt, creator of Ambient exchange, characterized as «the most complex and carefully engineered» he had ever seen, resulted in a loss of approximately $46 million.
05.12 / 18:17
05.12 / 18:16
FIVE
Strategy
track
reports
Acquisitions on the horizon in real-money gaming sector
NEW DELHI : India’s nascent real-money gaming industry is going through a phase of consolidation, with larger firms looking at smaller startups that may help improve the former’s net user base, and in the long run, revenue. Industry stakeholders such as Mumbai-based unicorn Games24x7, as well as publicly-listed gaming firm Nazara Technologies, are among those that believe that consolidation across the industry is inevitable—but finding offers with the right valuation poses a challenge. In an interview with Mint, Sudhir Kamath, chief operating officer of Nazara, said the company will make strategic acquisitions in the long run, as and when it finds the right opportunities.
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