Track Financial News
20.08 / 04:09
IPO
FIVE
CEO
performer
track
play
What is the best way to play the IT theme in light of AI? Pankaj Murarka answers
Pankaj Murarka, Founder, Renaissance Investment, says “when it comes to IT services, India leads the world and AI gives a new pivot to the whole growth of the Indian IT story over the next five to ten years. IT companies have a new growth pivot which can ensure that they continue this high growth path for the next decade.”There are a bunch of companies coming out with IPOs and getting listed, especially in the small finance space. SBFC got very good reception not only a 40% premium on listing but even follow-up buying. Same was the case with Utkarsh Small Finance which got listed from Banaras and caters to north India as a region. Do you have exposure to that in your portfolio in any manner?One thing I have learned during all these years of my investing is that companies go for IPOs when they are at their best and which is why we tend to have a sort of scepticism towards IPOs because we do not know these companies well in terms of their track record and because companies go to the markets when they are at the best of their business performance.
20.08 / 04:09
UPS
FIVE
ETF
track
country
Latin
US ETF market ushers in active investing in India, Brazil stocks
Brazil and India as the markets least vulnerable to the turmoil in emerging markets now have the opportunity to buy stocks in those countries via actively-managed exchange-traded funds. The Global X Brazil Active ETF and Global X India Active ETF both launched Friday amid increased clamor for Brazil as it embarks on interest-rate cuts and for India as it overtakes China as the world’s fastest growing major economy.
20.08 / 04:09
UPS
Extreme
JPMorgan
Compilation
show
track
A global stock trader’s guide to navigating food inflation
Agriculture stocks are beating their global peers this quarter as extreme weather, the war in Ukraine and rising protectionism drive up food prices. Exposure to the sector is a good hedge for inflation, some investors say.
20.08 / 02:45
track
Intrusion Detection System will detect elephants approaching railway tracks: Officials
East Coast of Railway (ECOR) is all set to install Intrusion Detection System (IDS) in elephant movement areas in order to prevent deaths due to train accidents, an official said. As per the official, the IDS will help detect elephants approaching the railway tracks and an alert will be sent to the local pilot, station master, also station manager and the accident can be prevented.
19.08 / 18:53
UPS
Progressive
CEO
Gap
track
Female CEOs lose ground in retail sector’s top echelons
In recent months, major retailers such as Gap, Stitch Fix, Victoria’s Secret, Kohl’s, the Vitamin Shoppe and the RealReal have appointed men to CEO positions previously held by women. Others such as Macy’s, VF Corp and Italian denim brand Diesel replaced men with men at the top. In general, it is rare for a female CEO to be succeeded by another woman regardless of the industry, according to an analysis by Catalyst. “It reminds me of the Barbie movie,” said Kimberly Lee Minor, who is the CEO of the consulting firm Bumbershoot. “We live in this society where women control the majority of consumer spending. They make the decisions and yet we still haven’t moved forward, and we have to go into this cycle.” While the number of female CEOs had been trending upward in recent years, nearly 90% of Fortune 500 companies are run by men. Of the 86 retail companies in the Fortune 1000, 13 had a woman as CEO as of July 2023, down slightly from the year before, according to the executive recruiting firm Heidrick & Struggles. Retail executives have long been quick to note that purchases are largely driven by women, who make most of the spending decisions for their households. The majority of the industry’s entry-level workforce is also female. Seventy-two percent of cashiers are women, and about half of retail salespersons are women, according to data from the Bureau of Labor Statistics.
19.08 / 18:53
Provident
Platform
track
country
social
Variant
Covid-19 variant 2023: US, UK, 2 other countries detect highly mutated Coronavirus variant. Details here
Dubbed BA.2.86 and informally referred to as Pirola among variant trackers on social platforms, this emerging variant exhibits over 30 changes in amino acids within its spike protein when contrasted with its closest predecessor, the BA.2 subvariant of Omicron. Dr. Jesse Bloom, a researcher specializing in viral evolution at Seattle's Fred Hutchinson Cancer Center, provided this insight, as per a CNN report.
19.08 / 17:09
Career
Manufacturing
RPG
show
track
country
electronic
Armed forces veterans show true mettle as corporate leaders
Indian Army, joined Sodexo as account director for India. Today, he is global strategic account director for Apac, the Middle East and Africa, at the French employee benefits and rewards solutions multinational.
19.08 / 15:43
UPS
Provident
Parke
Southern
CSX
track
voice
end
Rail whistleblowers fired for voicing safety concerns despite efforts to end practice of retaliation
Lawyers and unions representing rail workers say there is a clear pattern across the industry of railroads retaliating against workers who report safety violations or injuries on the job
19.08 / 15:43
19.08 / 15:15
UPS
Provident
Google
performer
track
exclusive
safe
Worried about online data leaks? Google One's Dark Web Report feature helps users stay safe against breaches; find out how it works
Google has launched the Dark Web Report feature for its Google One subscribers in India, following its earlier introduction to users in the United States. This feature allows users to monitor their personal information on the dark web, a concealed part of the internet often exploited by hackers and wrongdoers engaged in illicit activities, such as trading sensitive personal data. The dark web's intention to obscure user identities and locations makes it a hotbed for cybercriminals to carry out nefarious activities. Google's Dark Web Report will act as a guardian, alerting users if their personal information is detected on the dark web. This proactive measure empowers individuals to take necessary steps and exercise caution against potential fraudulent exploits like identity theft and financial scams.
19.08 / 15:15
UPS
Citi
Chase
love
track
View: Nessie, Yeti and those lovely lurking beasts can remythologise through mystery
Sir Pellinore gives up the chase and returns to a well-earned rest in Camelot. His retirement, however, is short-lived. For a plaintive snuffling outside the city's walls announces the Questing Beast’s presence, which has tracked down its erstwhile pursuer to coax him into renewing the chase.
19.08 / 13:49
19.08 / 10:49
Man
SUN
COP
Remark
film
track
Jailer Box Office collection: Rajinikanth's film earns ₹468 crore worldwide in 9 days
Jailer Box Office Collection: The Rajinikanth starrer Jailer's worldwide collection stands at ₹468 crore for all languages worldwide. Speaking of language wise distribution, the film has earned ₹147 crore in Tamil Nadu, ₹59 crore in Andhra and Nizam. As per Film Trade Analysis Filmy Track, the film has minted ₹40 crore in Kerala, ₹52 crore in Karnataka while ₹8 crore in rest of India in total nine days since its release on 10 August.
19.08 / 10:49
Provident
Google
Action
Discover
performer
track
Indian
Google One rolls out Dark Web Report feature. How is it useful to Indian users?
Google, details like an individual's name, date of birth, contact number, email, and other particulars can potentially be exploited for criminal purposes like financial fraud and identity theft. The Google Dark Web Report feature will send alerts to users in case their personal information is detected on the dark web, granting them the opportunity to respond appropriately and enhance their vigilance in order to safeguard themselves against such fraudulent activities.
19.08 / 09:07
UPS
Citi
Booking
Parke
Southern
track
Hurricane
Hurricane Hilary threatens dangerous rain for Mexico's Baja. California may get rare tropical storm
Hurricane Hilary headed for Mexico's Baja California with «life-threatening and potentially catastrophic» rain and flash flooding, while officials as far north as Los Angeles scrambled to get the homeless off the streets, set up shelters and prepare for evacuations.Hilary is expected to plow into the Mexican peninsula sometime Sunday and then surge northward and enter the history books as the first tropical storm to hit Southern California in 84 years by late Sunday or Monday. The U.S.
19.08 / 07:41
Career
Platform
Strategy
LinkedIn
Dreams
track
Tips for freshers joining the tech workforce amid mass layoffs and uncertainty
However, despite the ongoing layoffs, several companies in India have expressed the intent to hire but with caution. According to a report released by Team Lease, Employment Outlook Report April-June Q1 FY24, 64% of the companies surveyed had an intent to hire as they wished to tap into the potential in the available talent pool. Now, we understand that as a fresher it can be strenuous to navigate through an environment of gloom and uncertainty while launching yourself in the market. So, to assist you, we have listed a few effective strategies that you can deploy to smoothly land a job of your dreams in technology. 1) Do a thorough market research – Before committing to any specific area or role, you must engage in a thorough research process. This will give you a clear idea about which sectors are high in demand, the domain-specific as well as transferable skills companies are looking for, which roles can offer a sense of job security or high pay, and more. For instance, AI, cybersecurity, data science and cloud engineering are the tech areas that have seen a great demand recently. Do these make sense for you, based on your skills? In addition, an extremely important step here is to look for the top organisations in the field you wish to enter. Once you have a list of the companies you would like to work for, gather information about their performance over the last few years, read the reviews of their employees — on sites such as Glassdoor — and assess their culture as that can help you understand more.
19.08 / 07:41
Waters
Mobile
Orange
track
exclusive
blues
New orange Vande Bharat Express makes its debut on the track; here's an exclusive first look
Vande Bharat Express, donned in vibrant orange-gray livery, has commenced its journey at the Integral Coach Factory (ICF) in Chennai. This marks the 31st Vande Bharat Express train to be introduced by ICF. A few weeks ago, Railway Minister Ashwini Vaishnaw paid a visit to the coach factory, where he was seen inspecting the in-progress orange-themed Vande Bharat Express.
19.08 / 06:37
Platform
Racing
performer
stage
track
star
Indian
athletics
World Athletics Championships 2023 to kickstart today, Neeraj Chopra to lead Indian squad: Check all details here
Indian athletes are already in Budapest and got ample time to acclimatize to the local conditions. The track and field athletes of India have displayed promising form this year, and the good performance is likely to continue at the big stage of the World Athletics Championships 2023.
19.08 / 02:33
Citi
Provident
Target
Man
Action
track
Mumbai
Mumbai police issues order banning drones, gliders in city airspace till September 16
Also read: Mumbai news: Train runs over man who fell on railway tracks after being assaulted by couple | Video The issuance of this order is based on concerns that these aerial objects could potentially be used to target VVIPs, pose threats to the general public, cause damage to public property, and disrupt law and order within the jurisdiction of the Brihanmumbai Police Commissionerate area. Also read: SpiceJet passenger clicks improper photos of air hostess on Delhi-Mumbai flight; DCW takes action Starting from Friday and continuing until September 16, the order strictly prohibits the operation of drones, remote-controlled micro light aircraft, paragliders, para motors, hand gliders, and hot-air balloons within the city's limits.
18.08 / 20:33
Target
Dash
Racing
Dreams
love
track
Noah Lyles vows to break Usain Bolt's 200-meter world record. What we know so far
Noah Lyles break the world record for the 200-meter dash, set by Usain Bolt? It is a question being asked as the 2023 Track and Field World Championships begins Saturday in Budapest. Usain Bolt set the record when Lyles was a 12-year-old boy.
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