Strategy Financial News
19.07 / 06:47
Amazon
Manufacturing
Google
Strategy
Samsung
Cisco
Amazon, Google partners with White House to secure devices from cyberattack
Google, and Best Buy (BBY.N), will introduce an initiative aimed at enabling Americans to identify devices that have a lower vulnerability to cyberattacks. According to a statement from the White House, this new certification and labeling program will establish higher cybersecurity standards for smart devices such as refrigerators, microwaves, televisions, climate control systems, and fitness trackers. Manufacturers and retailers will affix a "U.S.
19.07 / 06:07
MET
Strategy
I.N.D.I.A. alliance: How Opposition Front convinced Nitish Kumar to agree with the new name
Rahul Gandhi. All opposition leaders had been asked for suggestions.
19.07 / 05:47
Citi
Provident
FIVE
Strategy
Kandi
place
Asia Cup 2023: India-Pakistan clash set to take place on these potential dates in Sri Lanka
Asia Cup will witness the clash between warring cricket giants India and Pakistan on September 2. The thrilling encounter is scheduled to take place at the Pallekele International Cricket Stadium in Kandy, as confirmed by reports. ESPNcricinfo revealed that the tournament will kick off with a match between Pakistan and Nepal.Schedule Finalization: ACC approves unique hybrid model The Asian Cricket Council (ACC) is currently working diligently to finalize the schedule for the upcoming Asia Cup.
19.07 / 05:41
19.07 / 04:35
COST
UPS
Citi
Target
Booking
Strategy
share price
week
IndusInd Bank share price hits 52-week high on strong Q1 results; Should you buy? Here’s what brokerages say
₹1,443.35 apiece in the early trade Wednesday after the private sector lender posted decent earnings for the first quarter of FY24, with strong loan book growth and improvement in asset quality, leading to bullish views from analysts. IndusInd Bank reported a standalone net profit of ₹2,123.6 crore in Q1FY24, witnessing a growth of 32.5% from ₹1,603.29 crore in the same quarter last year. Net interest income (NII) increased 18% to ₹5,862.5 crore from ₹4,125.3 crore, YoY.
19.07 / 04:21
Strategy
Can Fin Homes: Bullish to Sideways
Can Fin Homes’ daily trend is bullish to sideways. The RSI for monthly, weekly and daily is showing bullish momentum.
19.07 / 03:49
UPS
Booking
Extreme
Strategy
NIFTY
Time
etmarkets
ETMarkets Fund Manager Talk-High time India gets its due recognition among global investor community: Tamohara Investment
FPIs as of now. “It is high time for India to get its due recognition among the global investor community, especially when it has the strongest outlook for growth among major economies, a stable currency, and a strong government and fiscal balance sheet, unlike many other EMs,” said Sheetal Malpani, Chief Investment Officer and Head of Equity at Tamohara Investment Advisors.Edited excerpts from an interview with ETMarkets:Although markets have hit record highs, India has still underperformed its EM and DM peers on a year-to-date (YTD) basis. Do you see scope for a trend reversal?India has covered a lot of underperformances versus the US market in the past 3 months.
19.07 / 03:49
Cooper
Aware
Platform
Strategy
Mobile
India-US defence relationship robust, increasing in scope and sophistication, says General Brown
India as a strategic partner to the United States, a top American general has told lawmakers that the India-US military-to-military relationship is robust and increasing in scope and sophistication. «India is a strategic partner to the United States.
19.07 / 03:49
COST
Citi
Target
Strategy
NIFTY
etmarkets
ETMarkets Smart Talk- FOMO among FIIs! In bull case, Nifty50 could top 24K: Vikram Kasat
“There is a kind of FOMO from foreign players as they can’t miss India as an investment but at the same time, they are also very specific about the sectors in which they want to invest”, says Vikram Kasat- Head Advisory, Prabhudas Lilladher Pvt Ltd. In an interview with ETMarkets, Kasat who has over 13 years of experience said: “In Bull Case, we value NIFTY at 10-year average (20.8x) and arrive at bull case target of 24353 (23878 at LPA PE)” Edited excerpts:Where do you see markets headed amid interest rate headwinds? The US Federal Reserve's decision to raise interest rates can have an impact on the Indian market, particularly in terms of capital flows and investor sentiment. In this case, it may lead to a strengthening of the US dollar, which could potentially put pressure on the Indian rupee and create volatility in the equity markets.
19.07 / 02:35
Reuters
CEO
JPMorgan
Strategy
Chase
Solomonic
Support
Goldman Sachs CEO David Solomon's growth strategy gains board's support: Report
Goldman Sachs CEO David Solomon has revealed that the company's board of directors is in favour of Solomon's emphasis on the bank's core Wall Street operations and asset management. As reported by Reuters citing sources, Solomon has been entrusted with the responsibility of revitalizing the bank's stock value, despite facing doubts from certain investors and employees. According to one of the sources, the 12-member board is closely engaged with Solomon's revamped strategy, particularly because Goldman Sachs incurred losses and fell behind its competitor, Morgan Stanley, due to its venture into consumer banking.
19.07 / 02:35
UPS
Lowe's
Target
Reuters
Strategy
inflation data
Dollar tentative, kiwi jumps as NZ inflation data tempers rate doves
dollar held just above an over one-year low on Wednesday as traders assessed the U.S. rate outlook, while the New Zealand dollar spiked briefly after a higher-than-expected inflation reading pushed back prospects of policy easing further out. The U.S.
19.07 / 01:59
COST
Provident
Strategy
Remark
Biden administration to host state leaders Wednesday for summit on making child care more affordable
President Joe Biden’s administration is hosting state legislators from 41 states to the White House on Wednesday for discussions on how legislatures can make child care more affordable for families
19.07 / 00:41
COST
UPS
Booking
CEO
Platform
Strategy
play
Wipro’s $1 billion AI play will be self-financed: CEO Thierry Delaporte
Wipro and putting it back on the growth path “is still work in progress”, said chief executive Thierry Delaporte. In an interview with ET’s Sai Ishwarbharath and Surabhi Agarwal, he said Wipro is betting big on artificial intelligence. Edited excerpts:Q: While most IT companies have spoken about a tough demand situation, what explains Wipro guiding for a revenue decline in the current quarter as well? A: The current economy has driven a slowdown across industries–more pronounced in some industries like BFSI (banking and financial services), which is a third of our business, and in technology, which is another 12% or 13% of our business.
18.07 / 21:07
18.07 / 21:07
UPS
Action
Fighting
Strategy
Continental
House Republicans
House Republicans propose planting a trillion trees as they move away from climate change denial
House Republicans are searching for solutions to climate change without restricting American-produced energy that comes from burning oil, coal and gas
18.07 / 21:05
UPS
Strategy
Future
8IP’s future hangs in the balance after insto client walks
It’s dark days at Eight Investment Partners, with the $300 million Brisbane small-cap boutique considering its options after suffering a large institutional mandate redemption.
18.07 / 19:51
18.07 / 18:47
Strategy
Software
India only market to promise substantial growth in next 2 years: Bosch Global Chief
Bosch said he was optimistic India could be the only region to have a substantial growth path in the next two years, at a time China faces a slowdown and economic uncertainty dogs Europe and US. Introduction of economic regulations such as GST, interventions to incentivise industrial production are key developments seen as enablers for growth, which also fuel the bullishness, said Stefan Hartung, chairman, Bosch. For Bosch, India isn't among its top markets yet. Home market Germany, and China are. However, the German major still has high stakes in the country, where its subsidiary Bosch India clocked sales of ₹1.67 billion (₹14,929 crore) in 2022-23. That's because, he said, «It has contributions far beyond that sales as it's involved in many projects globally. That gives it a special role.»
18.07 / 18:47
Provident
Digital
Strategy
Nintendo
Time
Pikmin 4: When will it be available on Nintendo Switch eShop? Check the expected time here
Pikmin 4, the highly anticipated real-time strategy game, is scheduled to release on July 21 for the Nintendo Switch. This marks a significant milestone for fans as it is the first numbered entry in the series in over a decade. In a departure from previous games, players now have the option to create their own customized character, which is a new feature for a first-party Nintendo title. With the release of Pikmin 4 just around the corner, fans who have pre-ordered the game digitally through the Switch eShop may be eager to know the exact time they can start playing. This guide aims to provide the information they are seeking. The game will be available at a retail price of $59.99, which is consistent with the pricing of other major games on the Switch.
18.07 / 18:03
UPS
Waves
Booking
Assurant
Strategy
Battlefield
Nato’s endgame on Ukraine will need regime change in Moscow
Ukraine’s failure to secure an invitation to join the North Atlantic Treaty Organization (Nato) during the alliance’s annual summit in Vilnius, Lithuania, has disappointed many, including Ukrainian President Volodymyr Zelensky. But although the summit’s concluding statement did not offer a definitive timetable for Ukrainian accession, it did demonstrate a degree of unity and strategic foresight that would have been impossible had Donald Trump still been president of the US. To be sure, Nato leaders’ promise to extend an official invitation to Ukraine “when Allies agree and conditions are met" was somewhat nebulous, and Zelensky, angered by the ambiguity, criticized the Western position as “unprecedented and absurd." But US President Joe Biden was right to suggest that the war must end before Ukraine is allowed to join.
18.07 / 18:03
UPS
BLOCK
Strategy
NIFTY
services
Bulk deals: HDFC Bank, Amara Raja Batteries, Datamatics Global Services sees large buying and selling; details here
Amara Raja Batteries, and Datamatics Global Rallis India, large buying and selling on both BSE and NSE during Tuesday's trading sessions. These stocks were in focus accordingly. Many large investors have picked up stakes like Nippon India mutual fund, TATA AIA life Insurance company, The RBOS PLC, Tata Chemicals, Jhunjhunwala Rekha, etc.
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