DIVERSIFY
L&T group facing shortage of over 45,000 labourers and engineers: Chairman Subrahmanyan The flagship engineering, procurement and construction business is grappling with a labour shortage of 25,000-30,000 labourers, while the information technology and IT-enabled services business is facing a shortage of 20,000 engineers, he told repor...
26 Jun, 2024, 09.04 PM ISTIT service exports should start diversifying in AI, cloud computing and data analytics, say industry players As the IT service exports come out unscathed amidst a turbulent period for the world, industry players believe it’s time the service portfolio spread out.
26 Jun, 2024, 12.27 PM ISTIGL to diversify into solar rooftop, battery recycling "With the exponential growth being witnessed in the electric vehicle market, demand for batteries has risen significantly. Many rare earth metals go into battery manufacturing, so IGL thinks recycling them could be a lucrative option, especially whe...
21 Jun, 2024, 12.07 AM IST- ADVERTISEMENT
Diversifying Forex Reserves: RBI bought gold sold securities in April The value of India’s – essentially the Reserve Bank of India’s – US treasury securities dipped $ 7.1 billion in April to take the value of outstanding US treasury securities’ exposure to $233.5 billion, according to the data released by the US treas...
19 Jun, 2024, 07.05 PM ISTBuying gold annually in order to diversify allocation of forex reserves: Shaktikanta Das I think SEBI is engaged with that. So, let me not intrude into SEBI's territory and start talking about the stock markets. I think SEBI is fully seized of what is happening in the markets and we have our regular interactions with the SEBI as a part...
19 Jun, 2024, 08.00 AM ISTManufacturing theme offers a diversified portfolio. Anthony Heredia explains how We believe the Production Linked incentive (PLI) along with the need for global corporates to de-risk their China play offers a secular opportunity that is likely to pan out over the next 3-5-7 years. Government is also monitoring the PLI implementa...
07 Jun, 2024, 09.04 AM ISTVedanta shares rally over 3% as SBI approves demerger plans Vedanta's shares surged 3.6% on BSE to Rs 457.05 as SBI approved its demerger of its existing businesses into six independent entities, which is aimed for completion by December 2024.
06 Jun, 2024, 11.57 AM ISTHow should investors reshuffle their portfolio? Arnav Pandya answers There are two things. One is that there is political posturing which obviously happens because they are going to go into a negotiation. But till the date on which that swearing can happens, the ministers take oath, all this is just in the whole real...
06 Jun, 2024, 09.40 AM ISTAdani One launches cobranded credit cards with ICICI Bank, enters financial services Adani One, the super app by Adani group, launches cobranded credit card with ICICI Bank. The card offers rewards for spends within Adani ecosystem.
04 Jun, 2024, 08.03 AM ISTHow tech-first stock brokers are diversifying into lending Stock broking startups are focusing on consumer loans as they look to diversify their business area. Large stock brokers like Groww and Angel One are disbursing strong numbers for personal and consumer loans. Groww is facilitating disbursement of ar...
04 Jun, 2024, 07.32 AM ISTMutual Funds line up 12 new offers with investor interest still strong Motilal Oswal launched a multicap fund and JM Financial has started a small-cap fund to complete their product basket in the diversified fund space. Many fund houses are launching thematic funds that include the likes of financial services, manufact...
31 May, 2024, 03.56 PM ISTWhere do thematic funds stand in the risk matrix? Thematic funds are a category of equity funds which invest at least 80% of total assets in stocks of a particular theme. Some popular themes launched by fund houses in the last few years are public sector undertakings (PSU), infrastructure, MNC, bus...
29 May, 2024, 09.40 AM ISTSaving up for child's education, retirement? Double the SIP amounts to achieve goals The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk...
27 May, 2024, 06.30 AM ISTITC Q4 Results: Profit falls marginally to Rs 5,120 crore, misses estimates ITC Q4 Results: Revenue from operations rose 2% year-on-year (YoY) to Rs 19,446 crore in the January-March 2024 period, compared with Rs 19,058 crore in the corresponding period of last year. The Board has also recommended a final dividend of Rs 7.5...
23 May, 2024, 03.21 PM ISTWant attractive returns from SIP mutual funds? Follow the 5-finger strategy to diversify your portfolio20 May, 2024, 04.51 PM IST Spending at ease in retirement: Follow these 5 rules to grow your savings at all times The fear that the retirement corpus will not be enough comes primarily from it being small. It is also stoked by how the corpus is invested. The conservative mistake of earning years is repeated in retirement. The money is invested in debt products ...
20 May, 2024, 06.30 AM ISTZydus Q4 Results: Net profit surges 4-fold to Rs 1,182 crore; revenue at Rs 5,534 cr Zydus Lifesciences on Friday said its consolidated net profit surged four-fold to Rs 1,182 crore for the fourth quarter ended March 31, 2024 on higher sales. The drug firm had reported a net profit of Rs 297 crore in the January-March quarter of the...
17 May, 2024, 07.44 PM ISTRoadblocks for q-commerce; Mizuho InCred deal Happy Friday! As quick commerce platforms diversify, they are likely to face operational challenges. More on this in today’s ETtech Morning Dispatch.
17 May, 2024, 01.00 PM ISTCoromandel to acquire additional 7 pc stake in Dhaksha, invest Rs 150 crore Coromandel International Ltd invested Rs 150 crore to acquire 7% stake in Dhaksha Unmanned Systems, enhancing research and technology adoption. Dhaksha offers UAS technology solutions, remote pilot training services, with a Rs 265 crore order book.
13 May, 2024, 08.42 PM ISTGold edges higher as markets count on Fed rate-cut hopes Financial markets expect the U.S. central bank to start its easing cycle in September. Lower interest rates reduce the opportunity cost of holding gold.
13 May, 2024, 07.54 AM IST