Strategy Financial News
14.08 / 19:37
Twitter
Digital
Extreme
Action
Strategy
stage
folk
Laid-off startup CXOs struggle in job market
MUMBAI : Top startup executives, who were laid off amid cost-cutting measures in the past year, are facing considerable challenges in securing new roles. Moreover, the generous pay packages they drew from their former employers are also hindering their re-employment prospects, founders, investors, and executive search consultants said. “If they’re looking at tech startups for CXO roles, probably none—unless they’re willing to take pay cuts and lower their designations," said Siddharth Gopi, the co-founder of TopHire, a staffing solutions firm primarily focussed on tech companies.
14.08 / 18:09
UPS
Provident
Booking
Assurant
Strategy
performer
PSU insurers told to shape up
public sector banks. At a review of the performance of state-owned insurers, the general insurers were conveyed that capital infusion will not be provided to them just to cut losses and they need to draw up strategies to work on their revival, officials told ET. «Insurers need to have a relook at their portfolio and work out future strategies,» said one government official.
14.08 / 17:53
Provident
CEO
Strategy
Cirrus
stage
Financial
Sequoia Financial acquiring special needs-focused wealth manager Affinia
Sequoia Financial Group announced Monday it has agreed to acquire Affinia Financial Group, a wealth manager dedicated to special needs financial planning. The firms expect the deal to close by the end of August. Financial terms were not disclosed.
14.08 / 17:53
Target
CEO
Strategy
LinkedIn
Enterprise
Former Wells Fargo private bank execs gather assets at new firm
A number of the old guard of senior managers in the wealth management business at Wells Fargo & Co. have been leaving over the past couple years. At least one, Jack Ginter, has rapidly built a substantial new enterprise over that time.
14.08 / 17:53
14.08 / 17:13
UPS
Lowe's
Strategy
NIFTY
Active investor count on NSE cash segment at 10-mth high
MUMBAI : The count of active retail investors participating in trades on India’s largest stock exchange, the NSE, hit a 10-month high of 9.7 million in July, driven by a widespread market rally, with mid and small-cap stocks outperforming the benchmark Nifty. A similar number of investors was last seen in September 2022, according to NSE data. In June, the figure stood at 8.9 million.
14.08 / 17:13
MAIL
Aware
Manufacturing
Strategy
country
Ready for carbon tax? Govt wants steel firms to find out
NEW DELHI : The steel ministry plans to write to all major steel companies with export interests to assess their preparedness for reducing their carbon footprint and for facing the green challenges emerging in global markets. The development comes at a time when India is exploring tariff and non-tariff measures to counter EU’s Carbon Border Adjustment Mechanism (CBAM) that proposes to tax ‘embedded carbon’ in imports of steel, aluminium, cement, hydrogen, electricity and fertilizers from 1 January 2026.
14.08 / 16:29
UPS
Platform
Strategy
TikTok
Corning
Inside
How TikTok’s strange trend of humans playing robots is spurring hope for US shopping
TikTok live when a small cartoon hot dog flashes up on the side of the screen. “Thank you for the glizzy. Bing bong,” Crystal Alana Bennett says to the fan who had just spent the equivalent of 7 cents to send her a virtual frankfurter, known as a “glizzy” in internet speak, prompting her sing-song acknowledgment of the gift.
14.08 / 14:43
COST
Provident
Lowe's
Target
Booking
Strategy
electronic
Brokerage sees over 30% upside on these PSU stocks in short-term; check top 10 picks
LKP Securities has picked out its top public-sector undertaking (PSU) stocks which are likely to give good returns to shareholders in the short-term. According to the domestic brokerage house, the PSU stocks have generated positive returns over the past two years and have potential for ‘immense value creation’ in the next 3-6 months. The brokerage sees upside in the range of 15 per cent-40 per cent on these top 10 stocks in short-term.
14.08 / 14:25
COST
Lowe's
Strategy
show
Drag
Low
Higher US dollar, yields drag gold to more than one-month low
Gold prices fell to a more than one-month low on Monday as a stronger dollar and elevated bond yields took the shine off bullion, while investors awaited fresh catalysts to gauge the downside after a mixed bag of U.S. inflation numbers last week. Spot gold was down 0.5% at $1,903.50 per ounce by 09:39 a.m.
14.08 / 14:15
UPS
Provident
Progressive
Aware
coinbase
Strategy
Breaking: Coinbase Expands to Canada With New Crypto Offerings
Crypto exchange giant Coinbase has announced its official launch in Canada, offering users a series of new features including 30-day free use of Coinbase One and zero trading fees.
14.08 / 13:25
Target
Airlines
Strategy
boost
Abu Dhabi slashes hotel room and restaurant fees to boost tourism
Abu Dhabi Department of Culture and Tourism has reduced government fees applied to hotel rooms and restaurant in the emirate. The revised fee structure will come into effect from 1 September 2023 . «This revision of fees seeks to further grow the emirate as a tourism and cultural destination while bolstering support for its thriving hospitality sector,» the Department of Culture and Tourism – Abu Dhabi, said in a statement.
14.08 / 11:39
Target
Citizens
Strategy
Welcome to the ‘Millionaire’s Tax’
It’s been called the cradle of liberty, throws great parties (tea) and is the state with the nation’s third highest median income (if you include D.C.).
14.08 / 11:27
COST
Progressive
Strategy
Align
FMC
stage
boost
Coal ministry to invest ₹26,000 cr in railway projects to boost multimodal connectivity
₹26,000 crore into a series of expansive railway projects to establish comprehensive multimodal connectivity. Aligned with the strategic framework of the national coal logistic plan, these endeavors underscore the integration of first-mile connectivity (FMC) through strategically positioned railway sidings adjacent to coal mines. This strategic step is aimed at optimizing coal transportation and streamlining the loading process.
14.08 / 11:02
14.08 / 10:39
Provident
Strategy
Align
Vodafone
Celebrity
exclusive
Airtel brings ₹99 data pack, offers unlimited data
₹99 Unlimited Data Pack, catering to its user base. This strategic move by Airtel aligns with its dual objectives of providing user-friendly tariff choices while simultaneously enhancing Average Revenue Per User (ARPU). Currently, Airtel holds the industry's highest ARPU at ₹200.
14.08 / 10:01
Booking
Platform
Strategy
LinkedIn
Discover
track
social
Building business needs strategy & culture: Marico boss Harsh Mariwala's advice to aspiring entrepreneurs
culture isn't always easy, but is a crucial step towards success. Billionaire businessman Harsh Mariwala, who is a well-known name in the industry for creating brands like Saffola and Parachute, took to social media to share his views on the link between culture and strategy. The FMCG guru, in his post, said that an organisation can be successful only when it has the right balance of strategy and culture.
14.08 / 10:01
Citi
Digital
Strategy
Software
Pool
Align
Global consultancy Expleo to hire 5,000 tech professionals in India by 2025
Expleo Solutions Limited on Monday announced to bolster its workforce by hiring 5,000 skilled tech professionals by 2025 in India. Expleo's newly appointed tech professionals will be stationed across the company's prominent development centres in key Indian cities such as Bengaluru, Chennai, Coimbatore, Pune, and Mumbai.
14.08 / 09:47
Citi
MET
Strategy
Limelight
fun
Mumbai
Maharashtra News: Sharad, Ajit Pawar's ‘secret’ meet cause 'confusion' for MVA ahead of INDIA bloc meet in Mumbai
Maha Vikas Agadhi(MVA) member Uddhav Thackeray noted that ‘frequent meetings’ between the Pawar duo is tarnishing the image of Sharad Pawar. The unpredictable developments in the partisan politics scenario on Maharashtra has heightened the probability of trouble in the already tumultuous political scenario of the state, that began with Eknath Shinde's rebellion in 2022, leading to the downfall of the then incumbent Uddhav Thackeray government. News of Ajit Pawar faction NCP members meeting Sharad Pawar had been in limelight for a few weeks.
14.08 / 09:33
14.08 / 08:15
Aviat
Airlines
Strategy
DGCA renews airport operator certificate of Jet Airway | Mint Primer | Mint
The Jalan-Kalrock Consortium has successfully obta... moreThe Jalan-Kalrock Consortium has successfully obtained the renewal of the Air Operator Certificate (AOC) for Jet Airways from the Directorate General of Civil Aviation (DGCA).
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