Strategy Financial News
15.09 / 12:55
Booking
Volkswagen
Platform
Strategy
Toyota
Hyundai
Citroen C3 Aircross pre-bookings commence at ₹25,000; deliveries begin from Oct 15
SUV, requiring a token payment of ₹25,000. The pricing for the new Citroen C3 Aircross has been revealed, with the starting price set at ₹9.99 lakh (ex-showroom, India). Deliveries for this model are scheduled to commence on October 15, 2023.
15.09 / 11:43
Citi
Provident
Digital
Platform
Strategy
IKEA
EBITDA
Homedecor startup Livspace revenue rises 85% in FY23, Ebitda loss narrows
Livspace said its revenue for FY23 jumped 85% to Rs 1,147 crore, even as its losses narrowed. The company said it has cut down its Ebitda (earnings before interest, tax, depreciation and amortisation) loss in India to half. The Singapore-headquartered company, which is valued at $1.2 billion, reported Ebitda before Esops of Rs 581 crore.
15.09 / 11:43
BLOCK
Binance
Action
Strategy
Bitcoin
Luna
classical
LUNC Price
Is Terra Luna Classic Going to Zero? LUNC Price Drops 5% as New Bitcoin Startup Raises $2 Million
Terra Luna Classic (LUNC) could be going to zero, as downside price moves continue to dominate price action despite a LUNC network core upgrade by the L1 Terra Classic Task Force (L1TF) developer group.
15.09 / 11:03
UPS
Strategy
BlackRock
concert
Private markets essential to investing success says BlackRock
BlackRock Inc.’s Edwin Conway says big money clients are snapping up private investments for their portfolios.
15.09 / 10:41
15.09 / 10:39
UPS
Lowe's
Strategy
Kellogg
love
exclusive
It’s the Breakfast of Champions No More: Cereal Is in Long-Term Decline
Americans have been out of love with cereal for a while. Now what? That is the question facing three giants of the industry that once dominated the American breakfast table: General Mills, Kellogg and Post Holdings. There is still money to be made in a slowly declining market, but there are no easy paths ahead.
15.09 / 10:39
UPS
Provident
MET
Strategy
Continental
country
Russia Seeks to Expand Naval Presence in the Mediterranean
As the U.S. and Russia vie for greater influence in Africa, Moscow is seeking access for its warships to a Mediterranean port in Libya that could expand its naval footprint in the North Atlantic Treaty Organization’s backyard. Senior Russian officials, including Deputy Defense Minister Yunus-Bek Yevkurov, met with Libyan warlord Khalifa Haftar in recent weeks to discuss long-term docking rights in areas he controls in the war-torn country’s east, according to Libyan officials and advisers.
15.09 / 10:39
UPS
Citi
BLOCK
Strategy
Is Your Home Office Layout Sabotaging Your Productivity?
NICOLE PANKOPP, a former engineer turned DIY-renovation blogger in Denver, sweated designing her home office. “It’s a very functional space, and you don’t want to mess that up," she said. Beyond practicalities, notes Charleston, S.C., designer Jacob Laws, aesthetics count.
15.09 / 09:51
Citi
Lowe's
Platform
Strategy
EBITDA
Livspace posts strong revenue growth in FY23; Ebitda loss narrows
₹1,100 crore," Livspace chief strategy officer Ankit Shah said in an interaction. Shah said that business expansion, investment in branding and experience centres, and improving supply chain helped the company achieve high growth in the fiscal year. Livspace, which was present in six to seven cities by the end of March 2021, was operating in 45-50 cities by the end of FY23.
15.09 / 08:57
UPS
Booking
Strategy
NIFTY
SENSEX
show
Time
Nifty 50, Sensex at All-Time High: Should SIP investors interrupt compounding to book profit?
BSE Sensex and Nifty 50 hit their respective all-time highs today. At the time of writing, Nifty 50 was at 20134.9 while Sensex was up 272.45 points to 67,739.44. (Check the latest data here).
15.09 / 08:45
15.09 / 08:23
UPS
Ford
Manufacturing
Action
Strategy
Chevrolet
What people are saying about the US auto worker strike
(Reuters) — The United Auto Workers union launched simultaneous strikes at three factories owned by General Motors (NYSE:GM), Ford (NYSE:F) and Chrysler parent Stellantis (NYSE:STLA) on Friday, kicking off the most ambitious U.S. industrial labor action in decades.
15.09 / 08:23
15.09 / 08:05
UPS
Target
Manufacturing
Strategy
Mobile
exclusive
expansion
Tata Motors gears up for expansion with specialized EV dealerships in India
Tata Motors Ltd. is in the process of creating specialized dealerships in India, specifically designed to cater to electric vehicles, as part of its strategy to further strengthen its position in the fast-growing electric vehicle market, as per Bloomberg. “We felt the need to create a different brand philosophy and personality for EVs.
15.09 / 07:57
15.09 / 07:03
UPS
Provident
FIVE
Strategy
country
Inside
Pakistan has 170 nuclear warheads, and may increase it to 200 by 2025, says American atomic scientists
Also Read: India prioritising longer-range nuclear weapons that can reach China; Pakistan remains primary focus: Report Due to the lack of dependable data from sources within Pakistan, the Nuclear Notebook employed a methodology that relied on a blend of open-source materials for their estimates and analytical work, PTI reported. Their information sources encompassed both state-originating data, such as government pronouncements, declassified documents, budgetary details, military demonstrations, and treaty disclosure data, as well as non-state-originating data, including media reports, think tank assessments, and industry publications.
15.09 / 06:43
COST
UPS
Manufacturing
Strategy
Apple
country
Why iPhones are still pricier in India despite 'Made in India' production
Apple iPhone lovers are eagerly waiting to grab the latest iPhone 15 series phones. Preorders for these new-generation iPhones are scheduled to commence on September 15, with the official sale date slated for September 22. What's intriguing about this launch is that the pricing strategy for the new iPhone models, iPhone 15 and iPhone 15 Plus, in India, remains unchanged from their predecessors, iPhone 14 and iPhone 14 Plus. However, a noteworthy price adjustment comes in the form of the Pro models.
15.09 / 04:57
UPS
Strategy
show
beautiful
electronic
India to see Rs 90K cr worth e-commerce sales in festive month this year
India is likely to witness Rs 90,000 crore worth online gross merchandise value (GMV) in the festive month this year — up 18-20 per cent from last year's festive month sales, a report showed on Friday. Marking the 10th year of e-commerce festive season sales, the industry is expected to clock the GMV of Rs 5,25,000 crore for the entire year, according to the report by market research firm Redseer Strategy Consultants. Over the last 10 years, Indian e-tailing has transformed almost entirely as the annual GMV for the overall e-tailing industry has grown almost 20 times in the period. The 10th festive season sale period is even more significant this year considering the recent slowdown in consumption and the almost 3 years of external shocks on the economy, the report mentioned. «Over the last several quarters, we are seeing enhanced GMV contributions from categories beyond electronics.
15.09 / 04:57
COST
Provident
Booking
Strategy
Parke
cover
recovery
US and EU demand recovery to boost apparel exports in H2 FY2024: ICRA
ICRA has published a research note on the Indian apparel export industry. It expects its sample companies to report a mild 2-3% YoY increase in revenues to Rs. 27,255 crore for FY2024. Despite a tepid demand environment in H1 FY2024, ICRA expects the end demand to improve in H2 FY2024, boosting revenues. The retail apparel brands in the US and the EU, which together account for close to 55% of global apparel trade, are expected to liquidate the high inventory build-up of FY2023 and book their orders for the Spring/Summer 2024 season in H2 FY2024.
15.09 / 04:37
UPS
Citi
Target
Booking
Strategy
Yellow
Indian
Gold Prices
Gold Rate Today: Gold prices in India steady despite dollar uptick. Check price of yellow metal in Delhi, Ahmedabad, and other Indian cities
The MCX October gold futures were trading up by Rs 106 or 0.18% from the Thursday closing price at Rs 58,694 per 10 gram on the MCX while the December Silver futures were trading at Rs 71,433 per kg, higher by Rs 451 or 0.64%. Dollar Index (DXY) crossed the 105 mark on Thursday against the basket of six top currencies taking sheen away from the yellow metal. On Comex, gold futures were trading at $1,930 per troy ounce on Friday, down by $1.70 or 0.09% while Silver futures were at $23.030, lower by $0.151 or 0.650%. The rates were down as the dollar movement has an inverse relation with the price movement in gold. Amit Khare, Associate Vice President at Ganganagar Commodity Limited (GCL) Broking sees bullions making bottom on the daily charts and trading near the demand zone with momentum Indicator RSI indicating the same. His advice to traders is to make fresh buy positions in gold and silver futures near the given support level at Rs 58,500-58,300 while keeping the stop loss near the support levels and booking profit near the resistance of Rs 58,800-59,000. Analyst Neha Qureshi, Senior Technical & Derivative Analyst, Anand Rathi Commodities & Currencies said that the daily chart of October gold futures suggests that the yellow metal was trading below the 50 and 100-day Exponential Moving Averages (EMA) while retaining the crucial Rs 58,300 level. «If it does break below this level, we can expect further downward movement.
15.09 / 04:09
Strategy
Enterprise
show
Apollo Hospitals Enterprise: Bullish to sideways
By Sahil SwaroopApollo Hospitals Enterprise’s daily trend is bullish to sideways. The RSI for weekly and daily is showing sideways momentum.
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