Strategy Financial News
06.11 / 19:27
Google
Strategy
economy
show
social
reports
patient
Ebbw Vale: The UK's 'Fattest Town' battling obesity and fast food deliveries
Ebbw Vale, located in Blaenau Gwent, Southeast Wales, a concerning trend has emerged where some residents are having fast food delivered to their homes not once, not twice, but three times a day. Ebbw Vale, often dubbed the «UK's fattest» town, is grappling with astonishing levels of obesity, and the prevalence of takeaway restaurants, where customers return daily without fail, is a significant contributor to this issue.
06.11 / 19:22
CEO
Strategy
cover
reports
Markets rise for 3rd day on global cues
₹549 crore, DIIs net purchased ₹595.7 crore, implying that retail direct investors also chipped in significantly to Monday’s rally. The sentiment turned after 1 November when the Fed kept a key interest rate unchanged for a second time since September, after hiking it from near zero last March to 5.25% through July this year . The US 10-year treasury slipped from 4.73% on 1 November to 4.59% intraday 6 November while dollar index which measures the dollar against a basket of six currencies fell 1.85% to 104.90 intraday 6 November over the same period.
06.11 / 19:21
Provident
Strategy
Netflix
Experts
show
audience
JioCinema adopts mid-size web shows to add volumes
NEW DELHI : JioCinema, owned by Reliance Industries, is adopting a measured approach to its web original strategy by focusing on mid-sized web shows, with estimated annual budget of about ₹1,000 crore, excluding sports. This budget is roughly half the size of leading competitors like Netflix as the platform’s current strategy on web originals is driven by volume primarily to sustain audience interest post-IPL.
06.11 / 19:21
Google
Strategy
Align
Interface
Indus
reports
India's online gaming industry gains with increased user spending
NEW DELHI : After years of stagnation, e-sports and video game firms in India have begun generating in-game and advertisement revenues, thanks to India-specific in-game items, a stronger competitive gaming scene, and widespread use of the Unified Payments Interface (UPI) as a convenient last-mile payment method. An industry report by Google and venture capital firm Lumikai, released on 2 November, pegged the annual average revenue per user (ARPU) for India’s gaming industry to reach ₹1,600 by FY23-end, rising tenfold in the past four financial years.
06.11 / 18:09
Target
CEO
Entertainment
Strategy
consequences
Takeover
EIG hits out at AusSuper as Origin takeover battle fires up
Brookfield’s partner in the $20 billion takeover of Origin Energy has warned that AustralianSuper, Origin’s biggest shareholder, risks becoming a minority owner in a listed LNG company by rejecting the bid for the energy utility.
06.11 / 16:37
Aviat
Manufacturing
CEO
Strategy
Apple
performer
reports
fall
Buffett's firm reports $12.8B loss as investments fall, its insurers performed well
Warren Buffett's company has reported a $12.8 billion loss as the paper value of its investments fell, but the companies it owns — particularly the insurers — generally performed well
06.11 / 16:07
06.11 / 15:45
06.11 / 14:49
Strategy
country
social
travelers
US Ambassador Eric Garcetti joins Delhi consular team in processing visas amid high demand| Watch
Eric Garcetti on Saturday visited the visa counter located in Delhi and met with the applicants there who came to get their visa. In a video that was shared by the US Embassy in India, it can be seen the US Ambassador meeting the applicants and interacting with them. “The gang’s all here! Our consular team in New Delhi woke up early this weekend for a special “Super Saturday" dedicated to meeting the unprecedented demand for U.S.
06.11 / 14:29
Booking
Strategy
Adventure
Marvell
film
love
audience
The Marvels: Disney+ offers recap episodes ahead of Captain Marvel 2's movie release
Marvel Studios offers a solution with "Legends," a series of concise recaps on Disney+ that acquaint viewers with crucial characters and concepts relevant to the latest Phase 4 and Phase 5 cinematic releases.
06.11 / 14:29
Strategy
Enterprise
country
information
Jaiprakash Associates defaults on Rs 4,258 crore loans
Jaiprakash Associates on Monday said it has defaulted on loans worth Rs 4,258 crore, including principal and interest amount. In a regulatory filing, Jaiprakash Associates Ltd (JAL) informed that the company has on October 31 defaulted on repayments of a principal amount of Rs 1,733 crore and interest of Rs 2,525 crore. The loans pertained to various banks, and the nature of the obligation is fund-based working capital, non-fund-based working capital, term loans and FCCB (foreign currency convertible bonds).
06.11 / 12:57
06.11 / 12:31
Progressive
Strategy
Dreams
Instagram
country
social
innovations
Luminous Power Technologies launches #ILLUMINATINGLIVES campaign
Luminous Power Technologies, an energy solutions company, launches its Diwali campaign, #ILLUMINATINGLIVES. The campaign captures the Diwali’s essence while emphasising the importance of spreading joy in the lives of those who selflessly brighten our lives all year around.
06.11 / 12:31
Strategy
consequences
information
gatherings
Estate Planning in the age of Artificial Intelligence
The global landscape appears to have been thoroughly transformed by the changes ushered in by the Intelligence Revolution. There is both excitement and apprehension about the future transformations likely to unfold in every sphere of human life aided by new artificial intelligence (AI) tools such as ChatGPT. Within the legal community, discussions have broadened their scope to include a critical examination of AI’s capacity to create estate plans.
06.11 / 12:31
Provident
Target
FIVE
Aware
Strategy
Align
performer
Returns
5 mistakes to avoid if you want higher mutual fund returns
Investing in mutual funds is considered a suitable method for accomplishing long-term financial objectives and cultivating wealth efficiently while minimising tax implications. These funds not only offer the potential for returns that surpass inflation but also provide a way to manage risk. The core elements for maximising the benefits of mutual funds are maintaining patience and staying focused on predetermined goals.
06.11 / 11:41
Extreme
Action
Strategy
show
cover
classical
Hedge funds’ extended short positions on Treasuries wrongly timed
Hedge funds extended short positions on Treasuries to a record just before smaller-than-expected US bond sales and weaker jobs data spurred a rally. Leveraged funds ramped up net short Treasury futures positions to the most in data going back to 2006, according to an aggregate of the latest Commodity Futures Trading Commission figures as of Oct. 31.
06.11 / 10:51
FIVE
Strategy
Remark
Enterprise
performer
reports
Four realty stocks including Phoenix Mills, Macrotech Developers hit new record highs; here's why
Phoenix Mills, Oberoi Realty, Brigade Enterprises, and Macrotech Developers, attaining new record highs by maintaining their robust upward trajectory. Macrotech Developers stock has been on a remarkable winning streak since the company's Q2 FY24 results announcement on October 28. Over the past five trading sessions, the stock surged from ₹737 apiece to ₹849, marking a substantial gain of 15.20%.
06.11 / 10:25
Provident
Strategy
country
social
consequences
information
Lay down national model for providing toilets to girl students consistent with their number in government-aided, residential schools: Supreme Court
Supreme Court Monday directed the Centre to lay down a national model for building toilets commensurate with the number of girl students in all government-aided and residential schools across the country. A bench headed by Chief Justice D Y Chandrachud also asked the Union government about the policy it has formulated for distribution of sanitary napkins to female school students nationally.
06.11 / 10:25
Action
Strategy
Fallout
Enterprise
Nestle
Battlefield
reports
One Adani-Ambani battlefield that Gautam Adani could be exiting
Hindenburg's damning report on the Adani Group earlier this year led to the sudden pullout of a proposed share sale in the flagship Adani Enterprises and triggered a $150-billion wealth erosion for investors. Chairman Gautam Adani had said that the report was aimed at damaging the conglomerate's reputation and generating a profit by driving down its stock prices. The group companies have since recovered most of the losses in their share prices and the conglomerate is back to business as usual, but reverberations of the Hindenburg attack could be felt deeper and longer in different ways. One fallout of the attack by the short-seller seems to be Adani's reported plan to exit the fast-moving consumer goods (FMCG) business. The ports-to-renewable energy conglomerate is in talks with multiple multinational consumer goods companies to sell its entire 43.97% stake in Adani Wilmar Ltd, which owns the Fortune brand of edible oils and packaged grocery, executives familiar with the matter have told ET. Adani is expecting $2.5-3 billion for the stake in the joint venture with Singapore-based Wilmar International, which too owns 43.97% of the company, they said. A deal is likely to be finalised within a month, though neither of the companies has confirmed it. The product portfolio of Adani Wilmar includes brands such as Fortune, King's, Bullet, Raag, Avsar, Pilaf, Jubilee, Fryola, Alpha, Alife and Aadhar.
06.11 / 10:05
Action
Strategy
economy
Celebrity
country
strain
evacuation
The Gaza war has deepened Joe Biden’s Iran nightmare
step back from immediate escalation. Yet amid the bloody struggle in Gaza between Israel and Hamas, a broader and potentially more dangerous rivalry with Iran is growing. Having abandoned the Trump-era approach of “maximum pressure" on Iran, in recent months the Biden administration had sought quietly to reduce tensions.
06.11 / 10:05
Action
Strategy
Death
Destiny
reports
Chhattisgarh Assembly Election 2023: Naxal-prone Bastar among 20 constituencies to vote tomorrow amid high security
assembly elections in Chhattisgarh, polling teams reached all the polling stations within the Bastar district on Monday. The election for the 90-member state assembly is scheduled to take place in two phases, with voting on November 7 and November 17. In the first phase of voting, 20 constituencies, including 12 from the Bastar division, are participating.
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