Wellness Financial News

PN Gadgil Jewellers is set to open for subscription on Tuesday and will be available for investors to bid till September 12. The IPO includes a fresh issue of up to 1.7 crore shares and an offer for sale (OFS) of up to 52 lakh shares by Binod Kumar Agarwal. The funds raised through the IPO are proposed to be utilised for the funding of expenditure towards setting of 12 new stores in Maharashtra, repayment of debt, and other general corporate purposes.

Infosys and InCred has a hold rating on SBI Life while CLSA has maintained an outperform rating on ICICI Bank. Morgan Stanley has an overweight call on Suzlon Energy and Goldman Sachs has a buy rating on Marico.

«The second one is as far as the ice cream business is concerned, the business is not very large as far as HUL is concerned. It contributes just maybe 2.5-3% to total sales and it is under-indexed in terms of margins,» says Amnish Aggarwal, Prabhudas Lilladher. What is your take? Is this reaction on HUL stock on account of that expected rejig in the ice cream business warranted? Amnish Aggarwal: There are two factors to it. If you look at broadly why the sector is doing well and Lever is doing well from quite some time, this is due to expectations regarding uptake in demand due to normal monsoon this year. Given the fact that in the rural sector we have seen two wheelers in some of the other segments you can say growing in the past at least two to three quarters and in the last quarter rural was going ahead of urban in many of the segments, so that seems to be the one reason.

Anand Tandon, Independent Analyst, says among themes that will continue doing well will be insurance. Housing finance is going to have a new lease of life. It is a sector where many new companies have got listed over the past two years, and are reporting fairly good numbers. Travel tourism continues to remain reasonably attractive and robust because even today. Selectively, real estate will, for the next 12 to 18 months, continue to report reasonably good numbers. Tandon also says that India is on a trajectory of its own and is not looking for any negative news. As long as the flows continue, the market direction is reasonably settled. What do you make of the market mood right now? Throw in the global worries, throw in earnings downgrades, throw in any other news flow – but the Indian markets only know one direction! Anand Tandon: That is right, there is still a lot of optimism in the domestic market. To some extent, the US market gave a little bit of a push as well because of the expectation that a rate cut in the US may help emerging markets. India is on a trajectory of its own and is not looking for any negative news. As long as the flows continue, the market direction is reasonably settled.

Singapore in September 2024 was his second official visit to Singapore, the first being in 2016. Globally, there have been significant changes between 2016 and 2024, but this visit symbolised an enduring continuity in relations between India and Singapore over the last few decades. This visit was significant for the key reasons.

Apple supplier Jabil will set up an electronics manufacturing facility in Trichy with an investment of Rs. 2000 crore, Tamil Nadu CM MK Stalin said on Tuesday.

Former Canadian fashion mogul Peter Nygard has been sentenced in a Toronto courtroom to 11 years in prison for sexually assaulting four women

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Dominari Financial CEO Kyle Wool weighs in on Kamala Harris’ economic agenda and discusses his top tech stocks on ‘Mornings with Maria.’

Fintech Association for Consumer Empowerment (FACE), a self-regulatory organisation (SRO), will seek to include smaller companies to broaden both its representation and effectiveness, CEO Sugandh Saxena told ET.

Noble has been with Atrato since SUPR floated in July 2017. Prior to that, he worked for more than ten years at Lloyds Bank, most recently as an associate director for corporate solutions. Following Noble's departure, Ben Green, principal of Atrato Capital, along with managing director Rob Abraham and finance director Mike Perkins, will continue to manage the trust.  Supermarket Income REIT secures £170m debt refinancing Green wished Noble well, adding that he «has helped us build a deep bench of talent at Atrato».  «He has mentored and trained the next generation, meaning all h...

chip fabrication and packaging as well as other companies in the ecosystem under the second phase of the India Semiconductor Mission (ISM), said ISM CEO Akash Tripathi.

Trump and Vice President Kamala Harris. Last month, ABC News announced that the first U.S presidential debate will happen at the National Constitutional Centre in Philadelphia on Tuesday, September 10.

After securing a last-minute buyer, LL Flooring is reversing course on shutting down all of its stores

Former fashion mogul Peter Nygard has been sentenced to 11 years in prison for sexual assault convictions in Toronto from the ’80s to mid-2000s.

Northvolt AB will cut a large number of jobs and sell or seek partners for its energy storage and materials businesses as Europe’s leading battery hope aims to survive by refocusing on its struggling first gigafactory in northern Sweden.

Direct selling company Amway India on Monday announced an investment of $4 million in four research and development labs across India. Amway India, ultimate wholly owned subsidiary of the US $ 7.7 billion Amway Corporation, said in a statement that the investment would be infused on strengthening scientific capabilities and support in health and wellbeing. Rajneesh Chopra, managing director, Amway India, said: “There is a need for a transformative approach to nutrition and wellness in India, as the health landscape here faces significant challenges related to nutrition, lifestyle and gut health.”

SEOUL—After pushing a stroller to a park near her home in a Seoul suburb, Kang Seung-min plopped down on a bench. Then an elderly woman approached, looking for a friendly chat with Kang about motherhood. “I’m not even married yet," Kang, 24, responded.

Donald Trump’s speech on the economy last week was as usual a jumble of good (deregulation and taxes), bad (tariffs), and incoherent (child care). But one new idea he floated is a very good one and deserves more attention: The former President said he’d ask Elon Musk to run a Government Efficiency Commission. Eyes understandably glaze over at the sound of “commission," which is usually intended to duck a hard issue.

₹14,998, promises to be just such a tool, striking a delicate balance between work and leisure. Let's dissect this monitor and determine if it's truly worthy of your investment.Setting up the monitor was fairly straightforward.

Apple Inc.’s iPhone 16 line will be the focus of its product launch event Monday, its slumping wearable-device business is poised to get a boost as well. For the first time since the end of 2022, the company will unveil major changes to the Apple Watch and AirPods earbuds. All three versions of the smartwatch — the SE, standard Series line and Ultra — will get upgraded. And the two lower-end AirPods models will get the most significant update in their history. A lack of recent upgrades has weighed on sales of Apple’s wearables division, which also includes home products and accessories. The unit’s revenue is poised to decline for the second year in a row during fiscal 2024, which runs through September. But analysts expect the category to bounce back in 2025 with a 6.2% revenue gain to $39.5 billion.