Strategy Financial News

On November 14, the Berkshire Hathaway (NYSE:BRKb) fund submitted its obligatory 13F report to the U.S. Securities Exchange Commission, outlining portfolio details for units trading in stocks valued at over $100 million. The pivotal observation from the presented data underscores unwavering confidence in Apple (NASDAQ:AAPL), maintaining its position as the undisputed leader, constituting 50% of the portfolio.

As we approach year-end, many investors are turning their attention to tax-loss selling, the strategy of selling investments that have experienced a loss in order to offset capital gains and potentially reduce an investor’s tax liability.

HDFC Securities, in its latest report, initiated coverage on Sai Silks (Kalamandir) with a 'buy' recommendation, setting a target price of ₹385 apiece. This target price implies an upside of 36% for the stock from its previous closing price of ₹285 apiece. Launched in FY05, Sai Silks (Kalamandir) Ltd (SSKL) is one of the largest apparel retailers in south India, offering products across ethnic wear (sarees) and value fashion.

By Nitha Puthran Amid recessionary fears and rising energy prices, businesses must prioritise environmental sustainability to ensure stability. Environmental, Social, and Governance (ESG) factors greatly influence business perception, impacting institutional investments, cost of capital, and customer retention. As the world strives for net zero, it is time for businesses and IT leaders to assess the environmental cost of doing business.

Escorts, all other companies under our coverage were largely in line with or beat our estimates," stated the brokerage. Meanwhile, for the auto ancillaries space, the brokerage informed that the companies under its coverage reported revenue, EBITDA, and PAT growth of 12 percent, 18 percent, and 18 percent YoY, respectively, driven by higher ASPs, sales volumes, and operating leverage. “All companies under our coverage reported in-line EBITDA or beat on EBITDA, except a miss for Endurance Technologies and CIE Automotive," added Axis.

Reliance Industries Ltd (RIL), has asked for the Reserve Bank of India’s (RBI) approval for conversion into a core investment company (CIC). Jio Financial on November 21 announced that it has submitted an application with the RBI for converting to a CIC from a non-banking financial company (NBFC) after a regulatory mandate.

bargains; finding those companies whose stock may be out of favor for one reason or another and whose stock is inexpensive relative to the company’s earnings or assets. Value investors are looking for companies with reasonable balance sheet strength and have little corporate debt but hold the potential for robust earnings increase in the medium to long term. Identifying a company that meets the above criteria is only the first step.

Saurabh Saxena: In today's world, customers demand personalized solutions to their financial challenges. At Intuit, we believe AI is going to change the world for the better, empowering humans with new resources that open new opportunities to prosper. With our robust data and AI capabilities, we have become a leader in the financial technology sector, serving 100 million consumers and small businesses customers.

Staying ahead of market trends is a game-changer in cryptocurrency trading. One particular Telegram group, the Kucoin Millionaire’s Club, stands out as a trailblazer for traders looking to navigate the complexities of the crypto arena successfully. Positioned as the best-kept secret in the Telegram community, this exclusive group provides insights and predictions that set the stage for a life of luxury and financial success in the crypto markets.

Macquarie Group’s wealth management division is without a head of investment strategy. Street Talk understands Jason Todd is no longer at his post after almost six years in the job.

construction chemicals and building finishing products to the industry, India’s infrastructure push could not have come at a more opportune time. In a conversation with ET Digital, Mahesh Bhanushali, Managing Director & Chairman, MCON Rasayan India Ltd.

IPO watch: After opening of four more IPOs along with much awaited Tata Technologies IPO, primary market investors may find it difficulat to use their money in current scenario as most of these public issues are looking strong. At a time when stock market experts are expecting strong listing premium from these public offers, one should use one's money in smart manner and maximise one's return. According to stock market experts, out of these five mainboard issues — Tata Technoligies IPO, IREDA IPO, Gandhar Oil Refinery IPO, Flair Writing Industries IPO and Fedbank Financial Services IPO — Tata group's public issue is expected to deliver highest return followed by IREDA, Flair Writing, Gandhar Oil and Fedbank Financial Services.

Fixed Deposits provide a guaranteed return, making them an attractive option for risk-averse investors. One of the first decisions you will make when opting for a Fixed Deposit is choosing the tenure. The tenure represents the duration for which your money is locked in the deposit.

As the year comes to a close, it is vital for us to evaluate our financial objectives and make any required adjustments to ensure a successful end to 2023. 

carbon dioxide emissions to keep them from the atmosphere are central to the climate strategies of many world governments as they seek to follow through on international commitments to decarbonize by mid-century. They are also expensive, unproven at scale, and can be hard to sell to a nervous public. As nations gather for the 28th United Nations climate change conference in the United Arab Emirates at the end of November, the question of carbon capture’s future role in a climate-friendly world will be in focus. Here are some details about the state of the industry now, and the obstacles in the way of widespread deployment: FORMS OF CARBON CAPTURE The most common form of carbon capture technology involves capturing the gas from a point source like an industrial smokestack.

Dish TV, and Sun Direct—declined nearly 10% to Rs 11,072 crore in FY23, compared to Rs 12,284 crore the previous fiscal year, according to data obtained from the four firms' regulatory filings. Furthermore, the four DTH companies have incurred a net loss of Rs 2143 crore cumulatively, with Dish TV posting the biggest loss of Rs 1684 crore. All four DTH operators recorded losses in FY23, while three of the four DTH operators—aside from Dish TV—reported profits in FY22. However, Dish TV’s losses in both FY23 and FY22 were due to exceptional items amounting to Rs 1,908 crore in FY23 and Rs 2,654 crore in FY22, the company said in a statement. It added that the exceptional items were due to the impairment of intangible assets under development, trademarks or brands, property, plant equipment (PPE), and goodwill related to its merger with Videocon D2H and related accounting. Experts say that the DTH business is under stress due to a decline in the subscriber base and the average revenue per user (ARPU).

The Nifty future closed positive with gains of 0.23% at 19886 levels on Wednesday. India VIX was down by 2.98% from 12.23 to 11.86 levels. Volatility slightly cooled off but has been hovering in a range. Positive setup was seen in stocks like BPCL, Aurobindo Pharma, Bharat Forge, Persistent, NTPC, Cipla, Bajaj Auto, Infosys, Power Grid, and Apollo Hospital etc.

Investment planning for a girl child involves a strategic approach focused on securing her financial future. Fortunately, there are many investment avenues available for one’s girl child in India, which includes a range of financial products offering long-term growth potential and tax benefits. These avenues help parents build a strong financial base to secure their’s girl child’s future needs, such as marriage or education.

The world is witnessing an extraordinary transformation driven by the rapid advancement of artificial intelligence (AI), data, and CRM innovations. Similar to how emails and SMS revolutionised communication, generative AI stands to impact every aspect of our personal and professional spheres. According to a report by Nasscom, India has achieved a remarkable AI skills penetration factor of 3.09, surpassing all G20 and OECD countries. This indicates that the country’s tech talent is three times more likely to possess or report AI skills than other nations.

markets were lulled by holidays in Japan and the United States on Thursday, leaving the U.S. dollar revelling in its gains after data that cast doubts over market projections for peak Fed rates. With markets shut in Japan and the United States for the Thanksgiving holiday, currencies barely moved and cash U.S.

Nippon Life India Asset Management has joined the likes of Centrum and Avendus to capitalise on the demand for private credit amid the tightening of norms by regulated entities such as banks and mutual funds pulling out of promoter funding. Nippon Life India Alternative Investment Fund, which is set to raise ₹1,000 crore, has already deployed ₹100 crore in two strategic deals and aims to secure an additional ₹1,000 crore through a green shoe option.