Strategy Financial News
09.09 / 15:39
UPS
Strategy
Southern
Congress sets up several poll committees for assembly elections in Telangana
Congress on Saturday constituted several panels for poll-bound Telangana with Damodar Raja Narasimha, former deputy chief minister of united Andhra Pradesh, appointed chairman of the election management committee. Telangana legislator Duddilla Sridhar Babu has been appointed as chairman of the manifesto committee. «The Congress president has approved the proposal for the constitution of the committees for the ensuing assembly elections in Telangana with immediate effect,» the party said in a communication. The election management committee, chaired by Raja Narasimha, will include Vamshi Chand Reddy, E Komraiah, Gnyaneshwar Mudiraj, Namidla Srinivas, Jaganlal Naik, Suprabhat Rao, Bharat Chavhan and Fakruddin. The Sridhar Babu-led manifesto committee will include Gaddam Prasad as vice-chairman and 22 other members. These 22 members include Raja Narsimha, Poonala Lakshmaih, Balram Naik, R Damodhar Reddy, G Chinna Reddy, Sambhani Chandrasekhar, Potla Nageswara Rao, M Ramesh Mudiraj, Obaidullah Kotwal, Taher Bin Hamdan, Yerra Sekhar, G Nagaiah, Gandrath Sujata, Ravali Reddy, K Venkata Swamy, Marri Adithya Reddy, Janaiah, Deepak John, Medipally Satyam, Chanda Lingaiah, Movva Vijay Babu and Chamala Srinivas. The Telangana Pradesh Congress Committee chief, the Congress Legislature Party leader, its floor leader in the council, state heads of frontal organisations, Indian National Trade Union Congress and SC, ST, OBC and minority departments will be ex-officio members of the panel. The programme implementation committee will be chaired by Balram Naik and have 10 members.
09.09 / 14:21
UPS
Target
Aviat
Platform
Strategy
country
PM Modi launches Global Biofuels Alliance
Narendra Modi on Saturday announced the launch of the Global Biofuels Alliance. A total of 19 countries and 12 international organizations have so far agreed to join the alliance, including both G20 members and non-member countries. India, Brazil and the US are the founding members of the alliance.
09.09 / 11:43
09.09 / 09:15
IPO
Provident
Booking
Waters
Strategy
band
show
NOT
EMS IPO: GMP, subscription status review, other details. Apply or not?
EMS IPO: The initial public offering (IPO) of EMs Limited opened for subscription on 8th September 2023 and it will remain open for bidding till 12th September 2023. Waste water management service provider company has fixed EMS IPO price band at ₹200 to ₹211 per equity share and it aims to raise ₹321.24 crore from this initial offer. As per the EMS IPO subscription status, the public issue got fully subscribed on day one of bidding.
09.09 / 07:39
Provident
Digital
Platform
Gap
Strategy
Nov
US Treasury and IRS Propose New Regulations on Digital Asset Reporting
The US Department of the Treasury and the Internal Revenue Service (IRS) have jointly issued proposed regulations aimed at enhancing transparency and compliance in the digital asset sector. These regulations are set to mandate brokers to report sales and exchanges of digital assets conducted by their customers.
09.09 / 07:35
Cooper
VISA
CEO
Strategy
Coherent
country
Adopting coherent maritime strategy for G20 nations can have huge economic significance, says Bjorn Hojgaard
Anglo-Eastern Shipping's CEO Bjorn Hojgaard on Saturday said that a coherent maritime strategy among the G20 nations can have huge economic significance. He also stressed on the need for streamlining collectively the visa procedures for bonafide seafarers by the G20 member countries.India is currently hosting the G20 leaders' Summit in New Delhi. G20 nations account for around 45 per cent of the world's coastline and 21 per cent of the world's Exclusive Economic Zones, according to Hojgaard.
09.09 / 07:35
UPS
Gap
Strategy
Pool
Enterprise
performer
Why mid-market enterprises explore the AIF route for capital raising
mid-market enterprises constitute the foundational pillar of the Indian economy. As the Indian economy marches ahead to feature among the top three global economies, mid-market enterprises will have significant capital requirements to capitalize on the opportunities presented.
09.09 / 06:21
UPS
Provident
MET
Digital
Strategy
country
Deal
G20 Summit: US, India, UAE, Saudi to finalise Middle-East shipping, railway deal
Joe Biden and Indian prime minister Narendra Modi are expected to announce the project as a part of the Partnership for Global Infrastructure Investment. The project, which is in line with president Biden's middle east strategy, will enhance connectivity, de-escalate conflict, and provide a counter for China's 'Belt and Road' initiative. This project, which will push commerce, energy trade, digital connectivity, high standards, will be executed in a transparent, non-coercive and sustainable way, Finer added.
09.09 / 06:07
Lowe's
Strategy
Apple
Samsung
electronic
Modi enjoys a $3.8 trillion market moment as G-20 leaders fly in
Narendra Modi looks to tout India’s growing prominence to world leaders at this weekend’s Group of 20 summit in New Delhi. Boosted by one of the world’s fastest growing economies, solid corporate earnings and an unprecedented retail investing boom, the nation’s equity benchmark is also approaching an all-time high. The milestones are a stark contrast to many emerging-market peers, not least to neighboring China, whose economic woes and struggling financial markets have become a source of frustration for global investors. In fact, troubles at its biggest EM rival have only burnished India’s appeal.
09.09 / 02:53
COST
Provident
Digital
Strategy
Mobile
track
6 effective ways to track your expenses
It is essential to know where your hard-earned money goes. Without knowing where you spend your money, it becomes difficult to manage your expenses. You will also not be able to reduce the cost where you are spending on non-essential things if you don’t keep a track of your spending habits. Fortunately, the digital age offers a plethora of tools that can help you take control of your finances like never before.
09.09 / 02:53
CEO
Strategy
Align
BORROWINGS: Loan against securities more cost-effective
The choice between a personal loan and a loan against securities depends on your financial situation and funding needs. Each type of loan has its own advantages and disadvantages, and the choice should be made based on careful consideration of your requirements.
09.09 / 02:53
Provident
Career
Strategy
Tapestry
track
cover
social
Financial
Empowering Financial Security: How insurance solutions are shaping the personal finance landscape
In today’s financial world, planning for the unexpected has become more important than ever. At the heart of this planning is insurance. Once just a safety net for life’s surprises, insurance has grown to be a core part of how we manage our money, plan for our future, and ensure peace of mind. Let’s explore how insurance is shaping the broader landscape of personal finance with Maya’s example.
09.09 / 02:53
09.09 / 02:53
Strategy
I have two home loans of Rs 50 lakh and Rs 30 lakh. Which one should I close first?
Welcome to Reader’s Query segment of FE Money. Many borrowers have two home loans but they are often not sure which home loan should they close first. One such borrower is Yatin.
08.09 / 20:21
08.09 / 19:13
UPS
Waters
SUN
Strategy
Forrester
show
British billionaire Guy Hands eyed Sun Cable investment, emails reveal
British financier Guy Hands has been forced to grant a lease to Mike Cannon-Brookes’ Sun Cable after legal proceedings which revealed his Terra Firma vehicle was the third bidder in an auction that ultimately handed control of the collapsed project to the Atlassian billionaire’s Grok Ventures.
08.09 / 17:51
Action
Fighting
Strategy
Pool
Immunic
cover
Trump
How Trump Plans to Fight His Federal Election-Interference Case
WASHINGTON—With less than six months to prepare for his federal election-interference trial, Donald Trump’s lawyers are turning to a familiar strategy for the former president: long-shot legal motions that publicly criticize the case and raise novel questions that could serve to delay it. In a heated hearing last week, Trump lawyer John Lauro said he couldn’t build a full-throated defense for his client in the months remaining before the March 2024 start date and pressed the judge for more time. Short of that, Trump’s team has promised—but not yet filed—a flurry of requests that legal experts say probably won’t derail the criminal trial in Washington but could delay it by raising complicated legal issues that might take time to sort out.
08.09 / 17:51
UPS
Strategy
NIFTY
SENSEX
Indian
FIIs dump ₹224 crore in Indian equities; sustained DII buying to drive Nifty above 19,900-mark
₹9,850 crore of Indian equities, while they sold ₹10,074.71 crore --- resulting in an outflow of ₹224.22 crore. Meanwhile, DIIs infused ₹8,324.05 crore and offloaded ₹7,173.90 crore, registering an inflow of ₹1,150.15 crore. In September so far, FIIs have sold in the cash market for ₹8,608 crore and DIIs have bought for ₹5,715 crore.
08.09 / 17:25
Digital
Microsoft
Progressive
Google
Strategy
country
businesses
Successive governments have taken Canada's economic security for granted, businesses say
It may seem on first blush that Canada has taken a number of steps to protect its businesses in the past few years, given it has restricted Chinese companies from investing in this country’s critical minerals sector and introduced cybersecurity bills to protect critical infrastructure.
08.09 / 16:27
08.09 / 15:35
Strategy
country
Indian
Indian defence exports reach Rs 16,000 crore mark
defence exports have skyrocketed to an all-time high, touching nearly the Rs 16,000 cr mark in FY 2022-23, Defence Ministry said on Friday. «With a 23-fold increase in exports, Indian design and development capabilities are reaching over 85 countries,» the Defence Ministry announced. The Indian indigenous defence industry has achieved the success in expanding exports with sale of major defence systems including the BrahMos supersonic cruise missiles, Akash air defence systems and artillery guns to a friendly country. The Indian export strategy includes identifying newer markets for countries who are friendly and are looking at long lasting relationship for military hardware. The Indian industry is now competing with global firms for exporting their military hardware and have been in competition in multiple countries including South East Aisa and Africa.
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