BUSINESS

stock boom: ETMarkets Fund Manager Talk: Earnings risk can disrupt stock boom, says Vinit Sambre of DSP Mutual Fund

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stock boom: ETMarkets Fund Manager Talk: Earnings risk can disrupt stock boom, says Vinit Sambre of DSP Mutual Fund

With Nifty and Sensex trading close to all-time peak levels, Vinit Sambre, Head-Equities, DSP Mutual Fund, says there are looming risks to earnings growth over the upcoming quarters, primarily due to persistently weak consumption trends and the possibility of reduced government spending during election periods. “Given the elevated expectations and rich valuations, there is no … Read more

Vogue owner Condé Nast averts union walkout with deal on day of Met Gala | Business

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Vogue owner Condé Nast averts union walkout with deal on day of Met Gala | Business

Workers at Condé Nast, the media empire behind Vogue, Vanity Fair and GQ, announced a tentative agreement has been reached for a first union contract after threatening to stage a walkout during the Met Gala on Monday evening. The Condé Nast Union, which represents about 540 editorial workers, has been bargaining for a union contract … Read more

e-rupee: Permanent deletion of transactions can help make e-rupee anonymous: Shaktikanta Das

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e-rupee: Permanent deletion of transactions can help make e-rupee anonymous: Shaktikanta Das

Governor Shaktikanta Das on Monday said that permanent deletion of transactions can make the e-rupee or central bank digital currency (CBDC) become anonymous and make it at par with paper currency. Speaking at the BIS Innovation Summit, Das said India is also working on making the CBDC transferable in the offline mode along with introducing … Read more

From sporrans to chandeliers: King Charles and Queen Camilla weigh up new royal warrants | Business

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From sporrans to chandeliers: King Charles and Queen Camilla weigh up new royal warrants | Business

On first glance the list of prestigious brands reads like the wedding gift registry of a wealthy eccentric. Moët & Chandon is one of eight acceptable champagnes for the ice bucket on the (Steinway) piano. The fashion stakes are high, too, with the posh trenchcoat purveyor Burberry, the Savile Row tailor Gieves & Hawkes, and … Read more

britannia industries share price: Britannia Industries shares jump over 9% after Q4 results. What should investors do?

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britannia industries share price: Britannia Industries shares jump over 9% after Q4 results. What should investors do?

Shares of Britannia Industries rallied 9.4% to Rs 5,193.6 in Monday’s trade on BSE despite the FMCG major reporting a 3.6% year-on-year (YoY) decline in net profit to Rs 538.3 crore in Q4 of FY24. On a sequential basis, the net profit saw a decline of 3.2% over Rs 556.39 crore reported in Q3FY24. The … Read more

Equinox launches $40,000 ‘Optimize’ membership

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Equinox launches ,000 ‘Optimize’ membership

High-end fitness chain Equinox is launching one of the most expensive gym memberships in the world — a $40,000-per-year program aimed at improving overall health and longevity. Equinox is teaming up with lab-test startup Function Health to launch “Optimize by Equinox,” a personalized health program that includes everything from personal training and nutrition plans to … Read more

Vijay Kedia’s Portfolio: 4 stocks surge 25-60% in CY24; do you own any? – Portfolio Tracker

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Vijay Kedia’s Portfolio: 4 stocks surge 25-60% in CY24; do you own any? – Portfolio Tracker

May 06, 2024, 12:44:54 PM IST Investors in financial markets closely monitor the investment portfolios of well-known individuals. In this context, ETMarkets has analysed the investment positions of renowned investor Vijay Kedia. According to the latest data from the March quarter, Kedia has publicly disclosed stakes in approximately 17 companies, totaling around Rs 1,623 crore … Read more

Ex-CEO Howard Schultz weighs in on Starbucks earnings miss

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Ex-CEO Howard Schultz weighs in on Starbucks earnings miss

Howard Schultz, former chief executive officer of Starbucks Corp., drinks from a Starbucks mug during a Senate Health, Education, Labor, and Pensions Committee hearing in Washington, DC, US, on Wednesday, March 29, 2023. Al Drago | Bloomberg | Getty Images Former Starbucks CEO Howard Schultz weighed in Sunday on the coffee chain’s dismal latest quarterly … Read more