Strategy Financial News

The Swiss franc is back on track to be the strongest performing G-10 currency against the dollar this year, beating all of its peers in October.

U.S. stock futures slipped and Treasuries edged higher ahead of the Federal Reserve interest-rate decision and the US government’s new borrowing plan. 

Marketing leadership plays a central role in the success of organisations across industries. It encompasses a wide array of responsibilities, including defining brand identities, developing marketing strategies, and orchestrating campaigns that resonate with target audiences. Marketing leaders are instrumental in driving customer acquisition, retention, and advocacy. Best Professional Courses on LeadershipOffering Co

₹1,000 crore ($120 million) for its open-ended fund to invest in Indian equities. Kotak Iconic Fund, a category-III alternative investment fund (AIF), invests in equities with varied market capitalisation through diversified active and passive strategies. “The journey to ₹1,000 crore in AUM (assets under management) has been marked by unwavering dedication, resilience, and the trust of investors who have chosen Kotak Iconic as their preferred investment vehicle in the Indian equities space," said Lakshmi Iyer, chief executive officer, investments and strategy, Kotak Alternate Asset Managers.

5G price wars, combined with a lack of significant tariff hikes and limited support from 4G tariff interventions, could slow Bharti Airtel's average revenue per user (ARPU) growth, some analysts said. In addition, reduced capex could result in loss of subscriber market share to market leader Reliance Jio with the latter turning aggressive in 5G rollout and using 5G offerings to drive premiumization, they said. Airtel’s stock was trading about 0.5% lower in morning trade on Wednesday.

It’s back to the drawing board for Keybridge Capital’s Nick Bolton. Magellan Financial Group’s legal challenge to block Bolton’s push for a meeting of unitholders in its $2.65 billion Global Fund was successful.

Dipan Mehta, Director, Elixir Equities, says “one should never analyse L&T on a consolidated basis because due to the software business and the NBFC, you will never realise that value. L&T is never going to sell off those stakes and unlock value for its shareholders and those companies are already listed. So, I do not want to double count them when I am doing the valuation calculation for L&T. If you start to value only the EPC business and the unlisted subsidiaries, then it is a slightly reasonable valuation.” We have been talking quite extensively about the real estate space as well as a whole, the kind of promising opportunity given that there are a few formidable players in New Delhi, Gurgaon, etc. Is there a ripe opportunity still at play when it comes to real estate? At corrections, why not? And, although a lot of the real estate stocks are quoting at or around their net asset value, the fact is that the opportunities are keeping on growing for the sector and these companies and I have seen quarter after quarter because of either joint development agreements or because of price increases or acquisition of land bank, these companies have started to report even higher and higher net asset value or the net realisable value of these companies.

The visa interview is designed to assess your eligibility to study in the US and your commitment to complying with the conditions of the F-1 visa. Typically lasting only 90 seconds to three minutes, it's crucial to effectively showcase your qualifications to the consular officer in this brief timeframe. The F-1 visa is the go-to choice for students aiming to pursue academic endeavors in the US. Tailored for full-time students enrolled in accredited US universities, colleges, language schools, or recognized educational institutions, this visa allows you to stay throughout your academic program. Here is a comprehensive guide with potential answers to common questions you may encounter during your F-1 visa interview. These questions can be categorized into five key areas: Study Plans: Questions in this category focus on your reasons for studying in the US, your chosen field of study, and the impact of your studies on the global stage.

Barely a week after the government declared the Bharat National Cyber Security Exercise 2023 a grand success, personal data of 815 million Indians, including Aadhaar numbers, phone numbers and addresses, started being hawked on the black web. Cybersecurity is different from other areas such as, say, tourism promotion: mere enthusiasm isn’t sufficient. What’s needed is an effective strategy, policy, regulation, technical standards, enforcement agencies, continuous training, user vigilance, and investment in quality education.

Gold demand 8% ahead of 5-year average in July-Sept, falls short of year-ago mark on high prices The US Fed meeting outcome is the key event which can affect gold prices. If the Fed signals it does not want to raise rates from here, gold prices can see fresh interest. Gold prices react to interest rates in a complex way.

Aussie Broadband’s wholesale telecommunications business, which provides services to third parties to resell, will account for almost a third of its operations after it sealed a deal to buy software group Symbio for $262 million.

Preparations are in full swing for Karwa Chauth 2023. It is a special occasion dedicated to married women, who usually fast, from sunrise to moonrise, for the good health and longevity of their husbands. They don't drink water, eat food throughout the day, and open the fast after offering Arghaya to the Moon. Husbands can make their wives feel special by gifting them financial security this Karwa Chauth.

Not just numbers', Elon Musk goes emotional on Tesla earnings call; Analysts call him ‘little baby’ The downward trend began earlier this month when Tesla revised down its growth expectations in its third-quarter earnings call. This move was followed by pessimistic comments from various global automakers and Wall Street analysts. Recently, battery-maker Panasonic Holdings Corp.

Butterfly Gandhimathi Appliances Ltd, on Tuesday rejected a plan to merge the company with its promoter firm, Crompton Greaves Consumer Electricals Ltd. The public disapproval pushed shares of Butterfly Gandhimathi by 7% before they closed at ₹1085.4 apiece on the NSE. Shares of Crompton Greaves too closed marginally lower at ₹282 apiece.

ASX-listed fund manager Regal Partners acquired a 50 per cent stake in global commodities financier Taurus Funds Management which will lift Regal’s assets under management to $8 billion.

Deal makers rifling through the racks of Australia’s fashion industry have found their next target. Street Talk understands 16 parties are trying on affordable fashion retailer Vine Apparel for size, put up for sale by FTI Consulting in August.

Ethereum’s co-founder, Vitalik Buterin, has released a comprehensive analysis that delves deep into the intricate world of Layer 2 (L2) solutions on the blockchain.

The sudden death of a Toronto-based hedge fund manager has prompted an investigation by Ontario’s securities regulator into tens of millions of dollars in losses that the fund appears to have run up.

Finance Minister Chrystia Freeland says she will meet provincial and territorial finance ministers later this week to discuss the possibility of Alberta’s withdrawal from the Canada Pension Plan (CPP).

Apple, which said that their phones may 'face a state-sponsored hacking attempt.' Congress President Mallikarjun Kharge, senior Congress leaders Shashi Tharoor, Kumari Selja and TS Singh Deo and some others posted copies of the alert on social media. Trinamool MP Mahua Moitra, CPM general secretary Sitaram Yechury and Shiv Sena Thackeray group MP Priyanka Chaturvedi, SP Chief Akhilesh Yadav, AIMIM's Asaduddin Owaisi too made similar charges.

Narendra Modi attacked the INDIA bloc without directly naming it, and said that the big political formation cannot see any way to do positive politics and that its strategies were against the society and the country. Taking part in the celebration of 'Rashtriya Ekta Diwas' after paying floral tribute to Sardar Patel on his birth anniversary, he said, «The season of election is upon the country. Process of election is on across many states and next year Lok Sabha elections will take place.