Strategy Financial News

04.07 / 17:47

UPS Manufacturing Strategy Epsilon’s US entry to be part-funded by local auto firms: MD

NEW DELHI : Epsilon Advanced Materials (EAM), a battery material firm based in Mumbai, is planning to enter the US market with financial support from the car manufacturers it will be supplying its products to, said Vikram Handa, managing director, EAM. The company is also looking for a strategic partner and may look at tapping the equity market after 2025, he added. Elaborating on its strategy to fund a large capital expenditure plans, Handa said a firm like Epsilon enter long-term contracts with key automobile manufacturers, who fund the capex plan.

04.07 / 17:47

UPS Provident Target Manufacturing Strategy Mobile Alstom India set to onboard 700 engineers under its flagship YEG Program

New Delhi: Alstom on Tuesday launched its flagship Young Engineering Graduate Program (YEGP) 2023 with a target to onboard 700 young graduate engineers in India over the next two months. This is the highest-ever intake under this initiative in the country.

04.07 / 16:15

Digital Cooper Progressive Strategy Remark At SCO summit, India reiterates opposition to China's Belt and Road Initiative

India on Tuesday once again refused to endorse China's ambitious Belt and Road Initiative (BRI), becoming the only country in the Shanghai Cooperation Organisation (SCO) not to support the project. A declaration issued at the end of an India-hosted virtual summit of the grouping said Russia, Pakistan, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan reaffirmed their support to the BRI.

04.07 / 16:01

COST Provident Platform Strategy Consumption NOT If the consumption of tobacco is not okay, India should just ban it

The ministry of health and family welfare’s announcement that it will impose additional anti-tobacco controls on Online Curated Content Providers (OCCPs) has sparked widespread conversation. While well-intended, the government appears to be prioritizing treating symptoms instead of addressing the underlying cause. Opting for these regulations rather than considering a ban on the production or sale of tobacco, a known harmful substance, begs the question: Are these guidelines mere tokenism? If so, then it is important to recognize that this gesture may come at a high cost.

04.07 / 15:39

Citi Provident Digital Aware Strategy Software veteran PE veteran Shashank Singh quits Apax Partners

private equity firm Apax Partners, Shashank Singh, partner in the firm’s and its head of India office, has decided to leave the PE firm, sources aware of the development told ET. Singh will be moving permanently to London, the sources added.

04.07 / 15:19

COST UPS Target Fighting Strategy Earnings should rise for durably dearer shares

₹1.1 trillion so far in 2023-24. In just over three months, that is. At this pace, foreign buying could easily top the ₹2.7 trillion plus recorded in 2020-21, which was the last time their flows into our equities were positive (and also the highest in decades).

04.07 / 15:19

FIVE Booking Career Strategy Here’s When We Hit Our Physical and Mental Peaks

When are we our fastest, strongest and most creative? Elite swimmers peak in their early 20s, powerlifters peak at 35 and equestrians later still, on average. Creativity peaks either very early in our careers or later, depending on how we think. Our ability to quickly absorb facts reaches its zenith in our late teens, while our vocabulary skills crest in our sixth decade.

04.07 / 15:01

Citi Digital Cooper Extreme Strategy SCO Summit leads to bouquet of declarations including economic strategy & deradicalisation

SCO Heads of State Council approved the SCO Economic Development Strategy to 2030; made the decisions on completing the procedure for admitting the Islamic Republic of Iran to the Shanghai Cooperation Organisation and granting it the status of an SCO member state; signed the Memorandum of Obligations of the Republic of Belarus in order to obtain the status of an SCO member state; and on announced the city of Almaty, Kazakhstan, as the SCO Cultural and Tourism Capital in 2023–2024. In addition, the SCO Heads of State Council approved the Concept of Cooperation between the SCO Member States to decarbonise transport and promote digital transformation and innovative technologies to achieve greater efficiency and sustainability.

04.07 / 14:53

UPS Reuters Booking Volkswagen Gap Strategy German firm sees U.S. getting lion's share of 100 billion euro military fund

By Alexander Hübner

04.07 / 14:23

UPS Target Manufacturing CEO Strategy private credit Financial JM Financial debuts private credit fund to raise ₹600 cr in first close

₹600 crore (around $73 million). The fund is managed by JM Financial AMC as Investment Manager. Mumbai-based JM Financial Group will invest debt capital in local companies via a new fund, adding another asset class to its portfolio that already includes private equity, distressed assets, non-banking finance and mutual funds.

04.07 / 13:37

Career Platform Strategy Bandhan Bank CFO Sunil Samdani resigns

Bank of this size and stature," Sunil Samdani said in his resignation letter. "This has been the toughest decision of my career as I have built this institution from the start.

04.07 / 13:37

COST FIVE Strategy Everest reports Mahindra reports 21% increase in June passenger vehicle sales at 32,588 units

Mahindra & Mahindra (M&M) said that its domestic sales of utility vehicles were at 32,585 units last month, as against 26,620 units in the year-ago period, a growth of 22 per cent. "With strong demand for the SUV portfolio, we have continued our growth trend with domestic sales of 32,585 units and 22 per cent growth in June," M&M Ltd President, Automotive Division Veejay Nakra said. He stated that the SUV volumes were restricted by a short-term disruption in engine-related parts at the supplier end.

04.07 / 13:07

UPS MET Fighting Strategy Cooperation Putin says Russia is 'united as never before' during Shanghai Cooperation Organization meeting

President Vladimir Putin says that the Russian people were “united as never before” as he sought to project confidence in the wake of a short-lived revolt at a meeting of a rare international organization where he can find a sympathetic audience

04.07 / 12:45

Provident FIVE Digital Manufacturing Strategy Enterprise HPE to ‘Make in India’, partners with VVDN to manufacture servers worth $1 billion

New Delhi: Hewlett Packard Enterprise (HPE) has partnered with original design equipment maker VVDN to begin manufacturing high-volume servers in India under the revised production linked incentive or PLI scheme. The US-headquartered computing technology and solutions provider will make servers worth over $1 billion over next five years from VVDN’s plant in Manesar, Haryana, the company said on Tuesday.

04.07 / 12:11

UPS MET Cooper Fighting Strategy Putin says Russia is 'united as never before' at meeting of Russia- and China-led security group

Vladimir Putin claimed Tuesday that the Russian people were «united as never before,» as he sought to project confidence in the wake of a short-lived revolt, at a meeting of a rare international organization where he can find a sympathetic audience. The Shanghai Cooperation Organization meeting, hosted via videoconference by India, was Putin's first multilateral summit since an armed rebellion rattled Russia and comes as he is eager to show that the West has failed to isolate Moscow over its 2022 invasion of Ukraine.

04.07 / 11:29

UPS Lowe's Reuters Strategy RBC Yen firms amid intervention chatter, Aussie rises on RBA decision

By Ankur Banerjee and Harry Robertson

04.07 / 10:11

Citi CEO Strategy Parke Matrix park Airtel Payments Bank, Park+ partner for FASTag-based smart parking solution at Varanasi airport

Airtel Payments Bank, a FASTag issuer, has collaborated with Park+ to enable FASTag-based smart parking solution at Varanasi's Lal Bahadur Shastri Airport. The FASTag-based smart parking solution enables automatic cashless payments at airport parking, making vehicle movement in the parking zone frictionless and time efficient.

04.07 / 10:11

Twitter Target Strategy Remark Poppy farmers in Slovakia grapple with an unusual predicament: Swans addicted to opium

Slovakia's Komarno town are facing an unprecedented challenge as swans have developed an unexpected addiction to their crops, according to reports from Baltic News. This phenomenon began in February of this year when the swans first arrived at the poppy farms, and they have since remained, wreaking havoc on the fields. Not only have these birds destroyed the poppy plants, but they have also become dangerously intoxicated, rendering them unable to fly properly and easy targets for predators.

04.07 / 09:45

UPS Provident Waves Compilation Strategy Align portfolio management strategies Choosing the Right Path: Comparing quantitative and qualitative portfolio management strategies in India

For the longest time, fundamental analysts and fund managers such as myself have sat on our high horses claiming that investing/investment is purely an art; one bets on people which cannot be accurately modeled. While there is some truth to these statements, it is important not to disregard the importance of quantitative tools in both research and portfolio management.

04.07 / 09:07

Merck Strategy Cardiovascular Merck India appoints Pratima Reddy as country speaker

Science and technology company Merck has announced the appointment of Pratima Reddy as country speaker for India, said a statement issued today. Reddy takes on this role in addition to leading healthcare strategy and operations in India as GM and managing director of Merck Specialities India.

04.07 / 08:49

UPS MET Booking Strategy Pool Browser Financial Advice Financial Client case study: Financial advice at a crucial turning point

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