Target Financial News
29.08 / 03:55
UPS
Target
Aware
2024
2024 Lok Sabha Polls: BJP rolls out ‘Voter Awareness Campaign’. Here's all you need to know
general elections due next year. The campaign was launched on August 25 to help register new voters including people who have shifted, remove doubtful voters, and correct voter card details, according to a report published by the news agency ANI. "A team has been constituted up to the booth level.
29.08 / 02:53
UPS
Target
Reuters
CEO
Platform
Strategy
Solomonic
Deal
Goldman Sachs strikes wealth advisory deal as it revamps strategy
Goldman Sachs on Monday said it has struck a deal to sell part of its wealth business to an independent wealth manager, part of a strategy refresh which is seeing the bank exit some businesses and focus its wealth offering on targeting the super rich. The Wall Street bank, which did not disclose the sale price, said the sale to Creative Planning LLC is expected to close in the fourth quarter and result in a gain. The latest sale is part of a shift in strategy after CEO David Solomon reorganized the firm into three units last year and scaled back ambitions for its consumer business, which lost $3 billion in the last three years. Goldman bought the registered investment adviser (RIA), formerly known as United Capital Financial Partners, for $750 million in 2019 when it managed about $25 billion in funds. Creative Planning has more than 2,100 employees across its affiliates and $245 billion in combined assets under management and advisory. The RIA business was relatively small in size compared with Goldman's core business that focuses on the super rich. Goldman's private wealth arm oversees $1 trillion in assets for ultra-high net worth clients, who have $60 million or more in investable assets. High net worth individuals — who would fall within the business Goldman is considering selling — typically have about $1 million to $10 million to invest Marc Nachmann, Goldman Sachs global head of Asset & Wealth Management, told Reuters the current strategy is to invest more on its core businesses such as ultra-high net worth and workplace growth strategy including the proceeds from the sale. «We think there's a lot of space for us to grow.
29.08 / 02:03
UPS
Lowe's
Target
NIFTY
SENSEX
Buy or sell: Vaishali Parekh recommends three stocks to buy today — 29th August
Buy or sell stocks for today: Following strong global market sentiments, Indian stock market snapped its two days losing streak and ended higher on Monday. NSE Nifty gained 40 points and closed at 19,306 levels, BSE Sensex went up 110 points and closed at 64,996 mark whereas Bank Nifty index shot up 263 points and ended at 44,494 levels.
29.08 / 01:57
COST
UPS
Target
show
country
Japan at 'inflection point' in 25-year battle with deflation: Govt
Japan may be at an inflection point in its 25-year battle with deflation as price and wage rises show signs of broadening, the government said on Tuesday, signalling its conviction the economy was nearing an end to prolonged stagnation. The optimistic view echoes that of the Bank of Japan (BOJ), which has said corporate price- and wage-setting behaviour was changing, and could pave the way for phasing out the country's massive fiscal and monetary support. «Japan has seen price and wage rises broaden since the spring of 2022.
29.08 / 01:57
Target
Reuters
SUN
Platform
Enterprise
star
Stocks in news: Zomato, Star Health, Sun Pharma, Piramal Enterprises
ZomatoTiger Global, through its affiliate Internet Fund III Pte, has exited food delivery platform zomato by selling its entire stake through bulk deals on Monday.Star HealthMio IV Star has sold stake in Star Health, while Fidelity, among other funds, bought shares through bulk deals on Monday.Read more: What changed the market while you were sleepingAdani stocksAn investigation of India's Adani group by the market regulator has uncovered violations of rules on disclosures by listed entities and limits on the holdings of offshore funds, Reuters reported.Sun PharmaSun Pharma aims to spend 7-8% of its sales in the current fiscal on research and development activities as it looks to further strengthen its product portfolio across therapeutic segments.LTIMindtreeLTIMindtree has announced a collaboration with SaaS company CAST AI to help businesses optimize their cloud investments.Piramal EnterprisesPiramal Enterprises aims to achieve 3-3.3% ROA at consolidated level by FY28.
29.08 / 01:33
28.08 / 23:47
28.08 / 22:17
28.08 / 22:17
28.08 / 21:39
UPS
Citi
Target
Gap
awards
Nov
love
Financial
Why psychology-driven financial planner believes industry is ripe for change
Financial advisors aren’t always trained to address their clients’ emotional reactions about finances, while therapists aren’t necessarily equipped to discuss the impact of finances on a person’s well-being. Financial psychology acknowledges the inextricable link between the two.
28.08 / 21:23
Target
performer
Stifel
MongoDB’s Q2 earnings preview, Stifel expects Atlas acceleration in the near term
Stifel released a preview of MongoDB 's (NASDAQ:MDB) upcoming Q2/24 earnings report, scheduled for Thursday, after the market close.
28.08 / 20:45
Provident
Target
expansion
Meet Anant Ambani who is driving RIL's expansion in green energy business
Reliance New Solar Energy since June 2021.
28.08 / 20:03
COST
Target
Waters
Gap
Chase
‘Net-zero target calls for tech innovation, cheaper capital’
FMCG major Hindustan Unilever Ltd (HUL), for instance, wants to achieve net zero emissions from all its products by 2039. The company is nearly 100% renewable energy based for its electricity needs, with a 40% reduction in energy consumption, said its South Asia sustainability director, Kanika Pal.
28.08 / 20:03
COST
UPS
Provident
Target
Manufacturing
Racing
Strategy
Power
RIL seeks int’l suitors for wind power foray
MUMBAI : Mukesh Ambani-led Reliance Industries Ltd (RIL) is looking to collaborate with large international wind equipment manufacturers to set up its ambitious wind energy business. On Monday, while addressing the 46th annual general meeting, Ambani unveiled the group’s renewable energy roadmap. As part of its strategy to transition from fossil fuels to new energy, RIL will expedite the development of its green energy giga manufacturing complex in Jamnagar, Gujarat.
28.08 / 20:03
28.08 / 20:03
UPS
Provident
Target
Platform
Pool
cover
Jio AirFiber to target 200 mn homes
NEW DELHI : India’s leading carrier, Reliance Jio, is set to introduce its 5G home broadband service, Jio AirFiber, on 19 September, seeking to cover 200 million homes, Reliance Industries Ltd (RIL) chairman Mukesh Ambani said. Besides, it also seeks to democratize artificial-intelligence (AI) access for all Indians, as the carrier moves to becoming a tech-co from a telco. Ambani also outlined four key growth areas for the telco, including the consumer segment, powered by Jio 5G and Jio Bharat (a 5G device tailored for feature-phone users); home segment will benefit from Jio AirFiber; and the business segment and Jio Platforms will be focussing on global expansion.
28.08 / 20:03
Provident
Target
Citizens
Action
Strategy
Madhya Pradesh emerges as India’s lightning hub: Report
Disaster Management Authorities (SDMA) and District Disaster Management Authorities (DDMA) to last mile still have scope for improvement. The target should be to reach the last vulnerable and exposed persons and their compliance to the safety advisories too." “The language barrier in far flung tribal areas and hilly terrain pose further problems in outreach of the early warning. The lightning alert app ‘Damini’ is being developed by IITM, Pune on other regional languages to meet these challenges," he added.
28.08 / 20:03
Provident
Target
Digital
Gap
Mobile
Parke
blues
Centre
Centre may review FY24 capex plans in Oct-Nov
NEW DELHI : The government may review its capital expenditure plans for this fiscal year during pre-budget meetings slated to start in October-November, two senior officials said. This comes amid expectations that the Narendra Modi administration will announce a slew of popular schemes in the coming months ahead of general elections early next year.
28.08 / 19:17
COST
UPS
Provident
Target
Manufacturing
country
Costs
Soaring technology costs challenge 2030 climate targets
Soaring technology costs of 20 per cent in the past year are making it harder for Australia to roll out projects to reach its 2030 climate targets on the pathway to net zero by 2050.
28.08 / 19:09
Target
CEO
Solomonic
Goldman to sell RIA group to Creative Planning
After a week of speculation, Goldman Sachs Group Inc. said Monday morning it was selling its registered investment advisor business, Personal Financial Management, to Creative Planning, a leading RIA with $245 billion in client assets.
28.08 / 19:09
Target
CEO
Platform
Strategy
Chase
show
Goldman retreat from RIA market shows pitfalls of chasing varied clients
Goldman Sachs Group Inc.’s foray into the retail-focused wealth management business was short, lasting only four years, On Monday, the bank said it was dumping its registered investment advisor business to refocus on the super-rich.
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