Strategy Financial News

MUMBAI : Adani Group will invest $4 billion-$5 billion to expand its cement capacity to over 100 million tonnes in two years, two people aware of the matter said, on a day the conglomerate made yet another acquisition. On Thursday, Ambuja Cements Ltd, part of Adani Cement, announced the purchase of 57% promoter stake in cement maker Sanghi Industries Ltd at an enterprise value of ₹5,000 crore.

There’s been a lot of interest in opening a first home savings account (FHSA) among Canadians since the federal government introduced the registered plan in April, banks say, with tens of thousands of accounts already opened in just a few months.

Steam and features an exciting real-time strategy series. The three free-to-play games available for download are World of Warships, World of Tanks, and World of Warplanes, all published by Wargaming.

Astar Network, a leading blockchain platform in Japan, has unveiled its Tokenomics 2.0 strategy, focusing on creating sustainable growth for its native token, ASTR. The announcement comes on the heels of the network's recent integration with Fireblocks, a digital asset management platform, to boost secure DeFi access for over 650 banks and financial institutions.

₹10,000. But from 1 April, after changes were made to the Income Tax Act, a 30% TDS now applies on net winnings from online games in a financial year. Withdrawal of net winnings get taxed at source either when it crosses ₹100 or at the financial year end.

The Biden administration is delaying plans to restock the nation’s emergency oil reserve amid a price hike that has pushed oil above $80 a barrel

Hasbro is selling its eOne television and movie business to Lionsgate in an approximately $500 million deal, after having paid $4 billion for the company four years ago

Those ads showing caged dogs and desperate looking cats while Canadian singer Sarah McLachlan’s “Angel” played in the background have been not just effective at making viewers sad, but also remarkably successful at raising money for the American Societ...

I have built a good corpus through a mix of equity and hybrid funds. I am nearing retirement and would be seeking regular cash flows through my investments. Which funds are suitable for a systematic withdrawal plan (SWP)? —Name withheld on request To meet regular cash flow requirements, a SWP can be quite useful.

MUMBAI : Bharti Airtel Ltd, India’s second largest telecom operator, reported a mixed set of first quarter numb-ers on Thursday, with revenue beating estimates even as profit came below expectations. The company reported a flat net profit of ₹1,612.5 crore in the first quarter of fiscal 2024 from ₹1,607 crore in the year ago. However, the company’s revenue from operations grew 14% to ₹37,440 crore compared to ₹32,804.6 crore in Q1 FY23.

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content

By Helen Reid

Investing.com — Hasbro Inc (NASDAQ:HAS) shares climbed on Thursday after the company announced that it would divest its film and TV unit to refocus its operations on toys and games.

IF YOU DON'T MIND, I THINK I'D LIKE TO PROPOSE A THEORY ABOUT GENDER NORMS. WOULD THAT WORK? «Stop using weak language.» If you're a woman, you've probably gotten this advice from a mentor, a coach or a teacher. If you want to be heard, use more forceful language.

New Delhi: Gasoline consumption increased 19.7% during the June quarter compared to the same period of last year to a provisional assessment of 9.377 million tonne, minister of state in the ministry of petroleum and natural gas Rameswar Teli said. In a written reply in the Lok Sabha, the minister said, to meet the growing energy demands, Indian refineries presently have a refining capacity of 253.9 million tonnes per annum (MTPA).

Stocks deepened a slump, unraveling more of this year’s high-powered rally as Treasuries added to their decline. Investors braced for another interest rate increase from the Bank of England later Thursday.

Chicago-based boutique wealth management firm Rothschild has completed a merger with RIA firm Sentinus, bringing together two long-established businesses with a combined $5 billion AUM.

Traders have piled into exchange-traded funds covering oil to metals and grains as investors wager that the global economy is set to avoid a painful recession, despite the prospect of higher interest rates.

FundsDLT is playing a key role in the development of D7, a new cloud-backed and DLT-ready platform from the German exchange operator that will deliver same-day-issuance and paperless, automated straight-through processing for the entire value chain of issuance, custody, settlement, payment and asset servicing for digital securities.Alrready a significant minority shareholder, Deutsche Börse has bought out former stakeholders Credit Suisse Asset Management together with UBS Asset Management as well as Natixis Investment Managers.“The acquisition of FundsDLT is a critical and natural step in our digital strategy. It demonstrates our position at the forefront of innovation and will redefine the overall distribution chain of the fund business,” states Philippe Seyll, CEO of Clearstream Fund Centre.

Britannia Industries Limited said that the food sector in which it operates has been significantly impacted by high commodity prices, rising interest rates and due to the fall out of the Russia-Ukraine conflict.The long term effects of these factors continue to be felt extensively, the company said in its annual report for 2022-23. It said that although commodity prices were volatile and inflation was at unprecedented levels, the post-COVID normalisation of economic activities supported growth throughout 2022-23.

TELUS International India has introduced the TELUS International University (TIU) initiative, aimed at supporting its team members and their families in pursuing their educational aspirations at prominent institutions in the region. The programme aims to offer a distinctive partnership model that includes employee subsidies and discounted courses. TIU claims to provide an extensive range of in-person and virtual courses for personal and professional development, covering various subjects like artificial intelligence, cyber security, product leadership and strategy, HR analytics and business management, according to an official release.