Strategy Financial News

Marico share price fell over 2% on Monday after the homegrown FMCG major reported Q1 results. Marico shares fell as much as 2.38% to ₹559.65 apiece. Marico Ltd on Friday reported 15% rise in its consolidated net profit to ₹436 crore for the first quarter ended June 30, 2023 as compared to a net profit of ₹377 crore in the year-ago quarter.

MPS who visited Manipur recently met at the Congress Parliamentary Party office at the Parliament House building to discuss the strategy for the house.

“Our journey over the past four years has underscored the strength and potential of quant strategies in the Indian market, fueling our eagerness to witness their transformative impact on PMS,” says Sonam Srivastava, Founder & Fund Manager at Wright Research. In an interview with ETMarkets, Srivastava said: “This move towards technology isn't merely about operational efficiency; it's about reaching unprecedented levels of accuracy and consistency in the inherently unpredictable landscape of financial markets” Edited excerpts: Thanks for being part of the segment. Wright Research is moving from a research firm to PMS – the right extension of the services. Tell us why AI-driven, Quant-based PMS? It's great to be here! Wright Research's evolution into an AI-driven, Quant-based PMS feels like the right next step, in line with our commitment to informed decision-making rooted in data and quantitative analysis.

Magic Eden, the largest NFT marketplace on the Solana blockchain,  announced the appointment of Linus Chung, a former executive at Coinbase, as its Head of Product, according to a PRNewsWire report on July 20, 2023. Chung brings nearly two decades of experience in technology and web3 to the role, where he will lead product development, enhance user experience, drive growth, and develop long-term strategy.

Smart cities and infrastructure engineering business LVX Global is gearing up to take a run at the bourse, seeking to raise up to $5 million in a pre-IPO capital raising.

retirement? This must rank as the question that I am asked the most. These days entire evenings are spent discussing this topic, more so because many of us and our friends have stepped into our 60s. What seemed like a distant financial goal is right at our doorsteps.

Pernod Ricard, world's second biggest distiller, is evaluating options to launch India-made premium spirits including whisky, rum and gin, to cash in on the surging demand for pricier and craft liquor products across segments. The French firm has already launched an Indian single malt currently being test-marketed in Mumbai and Goa, joining the league of companies such as Diageo and Radico Khaitan that launched high-end local brands such as Epitome Reserve and Rampur. Kartik Mohindra, chief marketing officer and head global business development, at Pernod Ricard India, said the Indian single malt, christened Seagram's Longitude 77, is going to be targeted at matured whisky consumers.

New Delhi: Local fast-moving consumer goods brands, which struggled in the aftermath of covid, are scripting a resilient resurgence with robust localized marketing strategies, including offering products at competitive price points, to take on the more established companies. According to a recent study released by researcher Kantar, volume growth of local brands surpassed that of national brands significantly over the 12-month period ended 30 April. Local brands, defined as those operating within a single market, witnessed 12.7% volume growth, while national brands posted 8.2% rise during the period.

MUMBAI : Go Airlines India Ltd, the operator of bankrupt Go First airline, aims to secure higher interim financing of ₹600-700 crore from banks and start with fewer flights than earlier planned in its revised strategy to resume operations, two people directly aware of the plan said. “We have revised our original plan.

Reliance Industries. After all, the term ‘Jio Moment’ became a corporate buzzword after the conglomerate shook up the telecom industry in the previous decade through aggressive business strategies aided by deep pockets that led to a plunge in tariffs and helped it become the one of the largest telecom operators in the world. In India, Jio has a market share of 37.9% compared to Bharti Airtel's 32.45%, according to TRAI data as on April 30.

New Delhi: With the government tapping tech for healthcare, the country’s top teaching hospital, the All India Institute of Medical Sciences (AIIMS) Delhi, is making itself “future ready in Amrit Kaal" — with artificial intelligence, drones and robotics. AIIMS director M. Srinivas has directed officials to develop strategies on research and application of AI, drones and robotics in healthcare.

KYIV (Reuters) — President Volodymyr Zelenskiy said on Sunday that he expects Russia to resume its attacks on Ukraine's energy system once cold weather returns later this year, and vowed to do everything possible to protect the power grid.

In this age when geopolitics is in an overdrive, several assumptions of the past about the global order’s evolving nature have fallen by the wayside. The world is grappling with multiple challenges and yet there is no framework in place as of now that allows us to assess the rapid change in any meaningful manner. Nations, big and small, are struggling to cope with this flux with extant institutions, both domestic and international, exposing their limitations with each passing day.

Zuckerberg believes that user retention on the text-based app was higher than what the executives had anticipated, but he acknowledged that it was "not perfect." He made these remarks during an internal company town hall. "Obviously, if you have more than 100 million people sign up, ideally it would be awesome if all of them or even half of them stuck around. We're not there yet," said Zuckerberg as per Reuters.

On July 19, India’s premier natural gas company GAIL entered into a joint venture with Nasdaq-listed LanzaTech to capture carbon dioxide (CO2) and convert it into useful organic chemicals. This must be recognised as a paradigm-setting initiative to combat climate change. So far, the global discourse on combating climate change has been about reducing additional emissions of heat-trapping gases such as CO2, called greenhouse gases, rather than on taking out what has already been injected into the atmosphere.

A team of academics is said to have conducted a goal-setting study on Harvard Business School graduates in the 1980s to ascertain the influence of planned and documented objectives on future outcomes. The apparent surprise is that only 3% of the class, who had specific goals and a strategy in place, were making 10 times as much as the others.

portfolio investors (FPIs) continue with their buying spree in July with a net infusion of Rs 45,365 crore in Indian equity markets on stable macroeconomic fundamentals and steady earnings growth. However, it appears that the momentum of buying has slowed down and FPIs have turned sellers during the two trading days ahead of the US Federal Reserve meeting on Wednesday. «The US Fed signaled the possibility of more hikes going ahead and ruled out the likelihood of rate cuts any time soon.

A federal judge in Miami is criticizing prosecutors for an apparent attempt to undercut a court order and try to take control of an oceanside condo belonging to a former Republican congressman ahead of a high-profile trial connected to a $50 million co...

Middle-market investment firm Aura Group is targeting up to $100 million for a multi-asset fund that will allocate investor money across a range of areas from private equity funds to publicly traded stocks.

rupee cost averaging are powerful tools that work in our favour. They promise a disciplined approach to investing, regardless of market conditions. However, as your accumulated amount grows, it's time to reevaluate whether rupee cost averaging continues to be effective in maximizing returns. In this article, we unravel the truth and urge you to rethink your SIP strategy.Understanding Rupee Cost Averaging: Rupee cost averaging, a cornerstone of SIPs, is designed to average out the cost of investments over time. By investing a fixed amount at regular intervals, regardless of market fluctuations, it aims to mitigate the risk of making significant investments at unfavourable peaks. The concept is appealing and has proven successful for investors with smaller portfolios.The Question of Effectiveness with Accumulated Amounts:As your investment portfolio expands, it becomes crucial to critically examine the effectiveness of rupee cost averaging. Here's why it might fall short:

Tata Consultancy Services (TCS) revamped its organisation structure, aligning it with the $28-billion tech company’s verticals or business groups (BGs), according to an internal note by new chief executive K Krithivasan sent on Friday. The reorg under new chief executive K Krithivasan abandons most elements of the restructuring put in place by predecessor Rajesh Gopinathan in April last year. India’s biggest software developer also announced appointments to the leadership team, along with new heads for its seven business groups, according to a stock exchange filing early on Saturday.