Strategy Financial News
05.12 / 18:16
FIVE
Assurant
Strategy
Enterprise
reports
testing
Adani upswell adds 65% to Tuesday’s stock market gain
₹2.9 trillion, investors in Adani group companies turned wealthier by ₹1.9 trillion, marking the biggest single-day jump in value for the infrastructure conglomerate. Three Adani companies shot up 20% each to hit their upper circuit limits, even as the group’s market cap neared ₹14 trillion.
05.12 / 17:41
ETF
SEC
Strategy
Tesla
ETN
show
track
500
There's now a juiced-up way to get 4 times the return of the S&P 500 — but it comes with many risks
A new product puts the leverage of high-powered hedge funds in the hands of the regular investor, allowing them to make a bet that moves 4 times the direction of the stock market on any given day.
05.12 / 17:19
Progressive
Strategy
President
stage
social
folk
reports
open
Open Society Foundations commit $50M to women and youth groups' work on democracy
The major philanthropy, Open Society Foundations, said Tuesday it will commit $50 million to increase civic engagement among women and youth over the next three years as part of its strategy to support democracy in the U.S. Alex Soros, chair of the Ope...
05.12 / 17:19
Progressive
Fighting
Strategy
Continental
country
consequences
Deep-sea mining in the Arctic Ocean gets the green light from Norwegian lawmakers
Norway’s government has made a deal with two large opposition parties to open the Arctic Ocean to seabed mineral exploration, despite warnings by environmental groups that it would threaten biodiversity
05.12 / 17:19
FIVE
Racing
Strategy
Southern
performer
Inside
stars
US unveils global strategy to commercialize fusion as source of clean energy during COP28
The United States will work with other governments to speed up efforts to make nuclear fusion a new source of carbon-free energy, U.S. Climate Envoy John Kerry said Tuesday, while in Dubai for U.N. climate talks
05.12 / 17:07
05.12 / 15:35
Provident
Progressive
Strategy
economy
Experts
social
Facts about India’s GDP growth challenge the narrative of critics
general elections near, one should expect more disinformation and narrative peddling till May 2024. Expert commentary on the Indian economy has changed since May 2014, and a convenient short-hand is the classification BM (Before Modi) and AM (After Modi). AM has a nice waking-up ring to it.
05.12 / 14:25
05.12 / 14:07
Provident
Target
Platform
Strategy
track
audience
innovations
Truecaller expands advertising portfolio with customised solutions for brands
Truecaller Ads, an in-app publisher in India, has broadened its offerings. The proprietary ad formats prioritise the user experience, aiming for less intrusive ads. Brands can closely track the performance of the formats, gathering insights on user interactions, engagement rates, and conversion metrics. The data facilitates future campaign optimisation and audience targeting.
05.12 / 14:07
Provident
CEO
Strategy
Align
Parke
performer
information
HIGHER-INCOME INDIVIDUALS GET MAXIMUM BENEFIT: Attractive spread drives arbitrage funds
Investors are increasingly preferring arbitrage funds over liquid and ultra-short-term funds for parking their short-term capital to capitalise on the price differentials between cash and derivative markets. The tax structure is also making these funds attractive for individuals in the highest tax bracket.
05.12 / 14:07
Target
Reuters
ETF
Strategy
MSCI
pandemic
reports
Hamas likely profited from Israel stock markets over short selling ahead of October terror attacks: US-based study
Also Read: Israel-Hamas war: How AI helps Israel army select bombing targets in Gaza Short selling is a way to bet against the value of a security. It is a trading strategy aimed at making a profit off an asset that is expected to drop in price. The seller ‘borrows’ a security and sells it on the open market with the goal of buying it back later at a lower price and pocketing the difference.
05.12 / 14:03
Platform
Compilation
Strategy
WhatsApp
pandemic
track
reports
Wall Street still has comms problem despite $2B in fines
Wall Street is still struggling to keep track of the myriad ways bankers are communicating with one another, even after shelling out more than $2 billion in penalties over staffers’ use of WhatsApp and other unauthorized messaging services.
05.12 / 14:03
05.12 / 13:55
Target
Booking
Strategy
Enterprise
Arka Fincap wants to grow assets by 25-30%, sees reasonable loan demand
Kirloskar Oil Engines Ltd, is seeing demand for loans in all its lending verticals and internally aims to expand its asset book by 25-30% year-on-year, a senior official said on Tuesday. “While specific numbers are not being discussed today, it is our aim — internally, as a target to the management — to grow our asset book in the range of 25-30% year-on-year," said Vimal Bhandari, executive vice-chairman and chief executive of Arka Fincap. As of 30 September, the company’s assets under management (AUM) stood at ₹4,033 crore.
05.12 / 13:55
Citi
Provident
Target
Aviat
Strategy
awards
Bioenergy, exports to drive Praj Industries's earnings growth
Praj Industries Ltd’s investors find themselves in a sweet spot. After all, the shares have jumped by almost 67% in the past six months. The company aims to triple its revenue by FY30, it said in a recent analysts meeting.
05.12 / 12:41
Target
Strategy
Zegna targets over 10% yearly sales growth after Tom Ford deal
MILAN (Reuters) — Ermenegildo Zegna aims to grow its sales on average by more than 10% annually over the medium term, with profit rising twice as fast, after it bought U.S. brand Tom Ford (NYSE:F) earlier this year, the Italian fashion group said on Tuesday.
05.12 / 12:41
05.12 / 09:11
Strategy
Software
NVIDIA
Experts
performer
innovations
information
Pro Research: Wall Street dives into NVIDIA's strategic moves
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05.12 / 08:21
Strategy
Metro
Healthcare
Experts
reports
recommendations
Indian Stock Market at record highs. Sectors and stocks that experts are betting on
Also Read- Adani Group stocks jump up to 19%, market cap nears ₹12 lakh crore; here's why In fact experts as as Jitendra Gohil, Chief Investment Officer, Kotak Alternate Asset Managers now believe that market is still underestimating India's GDP growth Gohila thereby said that we continue to favour domestically focused cyclical and interest rate-sensitive sectors for the next twelve months. We expect PSU banks and PSU stocks (power, energy, defence, cap goods, NBFCs, etc) to experience further upside and the stocks could re-rate further.
05.12 / 08:21
Waters
Aware
Strategy
information
reports
PM Modi flags ‘beware of divisive agenda’ as cracks arise in INDIA bloc
Narendra Modi took a jibe at the “anti-BJP forces" on Tuesday saying ‘be prepared for many more meltdowns ahead’ after a landslide victory in three Hindi heartland states - Rajasthan, Madhya Pradesh and Chhattisgarh. It is now in power in 12 states on its own, while the number of states ruled by Congress has come to three, which includes only Himachal Pradesh in the entire north India Earlier in the day, PM Modi posted on X, May they be happy with their arrogance, lies, pessimism and ignorance.
05.12 / 08:13
Provident
Strategy
Death
Experts
country
hospital
reports
Govt planning free cashless treatment for road accident victims across the country
cashless medical treatment facilities for victims of road accidents across India within the next few months. This initiative will be part of the amended Motor Vehicle Act 2019 (MAV2019) and will be fully implemented nationwide.
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