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Godrej Consumer’s new CEO Malbari lays out an execution overhaul in first investor callGodrej Consumer Products' new CEO acknowledges execution failures and weak core growth. Profitability is under pressure in India and Indone...
In 1905, a copper strike turned Greenwater in Death Valley into a town of 2,000; by 1909, its mines had closed without making a profit, and no ruins remain todayIn the early 1900s, the California desert town of Greenwater emerged almost overnight as copper was unearthed in 1905, drawing prospectors ...
Robert Kiyosaki says he’s $1.2 billion in debt: Why the ‘Rich Dad Poor Dad’ author says his massive borrowing is part of his real-estate strategyRich Dad Poor Dadauthor Robert Kiyosaki says he is $1.2 billion in debt, but most of the borrowing is reportedly tied to a real-estate port...
Wall street bets on shielding Indian real estate from climate disasterClimate resilience is emerging as a new measure of value in India's realty market. Investors are pouring money into infrastructure to prote...
Dell again lifts annual forecasts as AI demand powers record resultsDell raised its annual revenue outlook to $192 billion from $167 billion and adjusted earnings per share forecast to $25.50 from its earlie...
Warren Buffett once called bonds a terrible investment but later massively invested in them. Here's whyWarren Buffett has long warned against long-term bonds, calling them a poor investment for investors with extended horizons. Yet Berkshire ...
Swiggy shares drop 4%, market value down Rs 5,000 crore in 2 days. Here’s whySwiggy shares fell sharply on Wednesday, extending their two-session decline to 6% and erasing nearly Rs 5,000 crore in market value. The s...
Rs 97,500 monthly SIP & over Rs 2 crore corpus at 62? Expert suggests portfolio rejig for NRI investor to reach Rs 3 crore goalAs retirement approaches, a non-resident Indian (NRI) investor with a target of Rs 3 crore seeks guidance from a financial expert. The advi...
RBI approves Carol Furtado as interim CEO at Ujjivan Small Finance Bank after Sanjeev Nautiyal's exitUjjivan Small Finance Bank appointed Carol Furtado as interim chief executive officer. This appointment follows the sudden resignation of M...
Ujjivan Small Finance Bank CEO & MD Sanjeev Nautiyal steps down on health groundsUjjivan Small Finance Bank's MD and CEO has resigned citing health reasons. The board accepted the early retirement and appointed Carol Fur...
UpGrad completes Unacademy acquisition for over $200 millionThe 100% share-swap transaction values Unacademy more than 90% below its $3.4-billion peak in 2021. ET first reported on May 4 that the acq...
NSE records Rs 39,718 cr turnover in closing auction session on first index rebalancing dayThe National Stock Exchange saw substantial turnover in its Closing Auction Session. This session accounted for twenty-two percent of total...
Is Fed communication broken - and can Kevin Warsh fix it?Most economists agree that frequent, clear communication and greater transparency are good things for central bankers. Whether Warsh likes ...
Is a long-term fund an equity or debt fund? What mutual fund investors should knowSebi's recent mutual fund category renaming has created potential investor confusion. Long Duration Funds are now Long Term Funds, which ar...
HDFC Bank weighing deputy MD Bharucha, outsider for CEO: ReportHDFC Bank is considering Kaizad Bharucha as a potential next CEO. The bank is also seeking an external candidate for the top position. This...
Lenskart shares to rally 40%? Nomura initiates coverage with Buy, says its growth journey has just startedLenskart has emerged from challenger to market leader, with Nomura initiating coverage with a ‘Buy’ rating and Rs 888 target, implying arou...
Raghuram Rajan calls for Federal Reserve rate hike, says US economy 'not being held back'Former RBI governor Raghuram Rajan advocates for higher US Federal Reserve interest rates. He believes current financial conditions remain ...
NFO Alert: Zerodha Fund House announces launch of Zerodha Life Cycle Fund 2031Zerodha Fund House launched the Zerodha Life Cycle Fund 2031, a five-year target-date fund NFO open until September 10. The fund automatica...
Piyush Goyal proposes startup pitching series with JapanIndia's Commerce Minister Piyush Goyal proposed a startup pitching series between India and Japan. This initiative, similar to Shark Tank, ...
Wealth managers turn to hybrid SIFs for higher, tax-efficient returnsSpecialised investment funds are changing wealth manager portfolio structures. Hybrid SIF strategies are increasingly included in allocatio...