BOARD INFINITY
Retail investors' participation in F&O trading surges due to quick profit potential: Experts
Finance minister Nirmala Sitharaman and chief economic advisor V Anantha Nageswaran have recently flagged the growing risk of F&O trading for retail investors. In November 2023, Sebi chief Madhabi Puri Buch also cautioned investors against heavy bets on F&O
Stocks in news: PFC, Mankind Pharma, Patanjali Foods, Bharti Airtel, Siemens, Cipla
Benchmark equities surged for the third consecutive day on Tuesday. PFC, Mankind Pharma, Patanjali Foods, Bharti Airtel, Siemens, and Cipla are in focus for news developments and quarterly results. RVNL, Dixon, and Titagarh will also announce their fourth quarter results today.
‘A damn hard thing to do’: Tesla co-founder JB Straubel takes on battery recycling
The company he built, Redwood Materials, is now the largest battery recycler in North America, and it’s using those recycled materials to manufacture complex battery components.
World's longest infinity pool hangs in air between two towers. Know about it in detail
The world's longest ultra-lux infinity pool is not cheap, it can cost up to £10,000. However, tourists and Dubai residents can have access, but they will have to buy a pass for 1,000 dirhams or $272.
A decade after MH370, planes still at risk of vanishing off the map
The huge Boeing Co. 777 jet, almost as long as a Manhattan city block and taller than a five-story building, had somehow managed to make itself invisible in the clear night sky. There were 239 people on board. Ensuing search operations combed through some of the deepest ocean floors in the inhospitable southern Indian Ocean, hundreds of miles off Australia’s western seaboard, and found no trace of the main fuselage or any passengers and crew. Of the 3 million components in the 777, just a few fragments washed ashore years later on the east African coast.
Disney to invest $1.5 billion in 'Fortnite' maker Epic Games to create games, entertainment
Walt Disney CEO Bob Iger revealed the plans after Disney's board of directors authorized a $3 billion share repurchase program for the current fiscal year, and declared a dividend of 45 cents a share, a 50% increase from the dividend paid in January.
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Search engine Yandex owner to exit Russia in $5.2 billion deal
The Kremlin-engineered deal would see Russia's largest technology player fall entirely under Russian ownership, including a fund ultimately owned by oil major Lukoil, and cement Yandex's departure from Western tech circles.
Masters’ Union places 2023 PGP cohort at average salary of Rs 34.07 lakh
Masters' Union, a Gurgaon-based business school, has seen an average package of Rs 34.07 lakh for its PGP (MBA) Cohort of 2023, with 137 companies participating in the recruitment drive. The top 25% of the batch received an average package of Rs 44.67 lakh, while the bottom 25% received an average package of Rs 22.35 lakh.
New data law may make the trip tough for travel sector
Significant data fiduciaries will also have to assess implications not just from a compliance standpoint, but the cash flow impact in tax laws as well under the law that came to effect earlier this month, experts said.
Sebi to auction properties of 3 firms on May 30 to recover investors' money
These properties include land parcels, single-storied buildings, a residential building and a flat located in West Bengal.Inviting bids for the sale of properties in the recovery proceedings against the three companies and their promoters and directors, Sebi said the auction will be conducted online on May 30 -- from 1030 hours to 1230 hours
Hero MotoCorp announces resignation of Malo Le Masson
Prior to joining Hero MotoCorp Le Masson was leading the product strategy function at Infiniti Motor Company, where he worked as Global Head of Infiniti Product Long Term Strategy. He has significant experience in product planning through his stints with Nissan Motor Co across geographies, including Japan, France, Hong Kong, Netherlands and Switzerland.
Sebi to auction properties of 4 companies on Jan 10 to recover investors' money
According to Sebi, Sumangal Industries had collected funds from investors through illegal collective investment schemes (CIS), while the other three firms garnered capital from investors by way of issuance of securities such as non-convertible debentures (NCDs) and redeemable preference shares (RPS) without complying with the regulatory norms.
Corporate Radar: Madhya Bharat Agro to trade ex-bonus, L&T Technology, ICICI Lombard results and more
Apart from this, Anant Raj, Schaeffler India, GMDC, Heritage Foods, HFCL, JSW Ispat Special, Network18 Media, Praj, Sonata Software, Take Solutions, LKP Finance, Lloyds Metals & Energy, L&T Technology Services, PSP Projects, ICICI Lombard General Insurance, Shalby, Newgen Software, KPI Green Energy, Polycab India, KPIT Technologies and Gujarat Fluorochemicals are some of the companies that will announce their quarterly results today.
Career-tech startup Board Infinity acquires CXO career platform Leadup Universe
Following the deal, the entire team of Leadup Universe, including its cofounders and investors, will join Board Infinity. However, the brands will be separately retained.
This multibagger microcap zooms 5% as stock trades ex-bonus
Shares of Panth Infinity have rallied about 800 per cent since the beginning of the year from Rs 6.04, on an adjusted basis. Even in the last three months, the stock is up by more than 400 per cent. Mumbai-based Panth Infinity is a company that is primarily engaged in the business of trading of precious metals, stones and jewellery.
Infiniti Retail raises borrowing limit to support expansion
The disclosures also point out the change in the holding company for Infiniti Retail: The business is now owned by the group's new ecommerce entity Tata Digital. It was earlier under Tata Sons until a few months ago.
Aadhaar looking to go global
UIDAI CEO Saurabh Garg during a panel discussion with Paytm founder Vijay Shekhar Sharma at the Infinity Forum said the authority is also exploring emerging technology to enhance security and increase the number of transactions that can be done by using Aadhaar.
Reliance Power board to mull fundraising via equity issue on June 13
Shares of Reliance Power closed at Rs 11.57 on BSE on Wednesday, up 5% from their previous close.
Luxe redefined: Bill Gates buys £500m hydrogen-powered superyacht which has an infinity pool, helipad & gym
Gates is ready to set sail on his superyacht.
Croma posts first net profit after 12 years of operation
The retail chain’s total income in FY18 went up by 15% to Rs 3813.74 crore while Infiniti Retail said its same store sales were higher by 13.1% in 2017-18, compared with the previous period.
Diwali brings little bang for the buck for offline retail
Diwali is still the biggest revenue generator for offline fashion retailers but its impact on their overall annual sales has been waning over the years, experts say
Intellect Design Arena names new CEO for Capital Markets business
Thomas is the former Managing Director of Infinity Capital Partners and Founder & CEO of TouchFX and has over 20 years of experience in the banking sector.
'Search for missing Malaysia Airlines flight coming to an end'
Prahlad Shirsath, husband of Kranti Shirsath, however, said he would never give up the hope that some news about the plane would surface one day.
Will see less transaction discount post July: Lalit Choudary, Executive Chairman, Infinity Cars
Lalit Choudary, Executive Chairman, Infinity Cars, says that the company is trying to push inventory at a value that customers are comfortable with.
Tata Group set to enter ecommerce space through the launch of online marketplace CLiQ
The Tata Group’s entry follows online forays by several established conglomerates. Last week, Arvind Ltd launched its omni-channel platform NNNow.com.
New body 'Indian Boxing Council' for professional boxing launched
Indian Boxing Council was launched with the promise of lucrative financial deals for the pugilists wanting to take the plunge after exhausting their amateur options.
Airport terminals turn mega retail hubs
Delhi Airport gave an indication of how they beat malls hands down. The average SPSM per month of duty-paid outlets at IGIA is Rs 36,000
22 Indian sailors stranded on board seized oil tanker in Singapore eager to return home
Twenty-two Indian sailors stranded in Singapore's waters on board a seized Taiwanese oil tanker since February are desperate to return home.
RK Krishna Kumar set to begin new innings with Ratan Tata at RNT Associates
Set to retire on July 18 from Tata Sons, Ratan Tata’s right hand man won’t walk into the sunset. A look at the legacy he leaves behind, and the road ahead.
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