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Bloomberg Quint
2h
224
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SBI Aims To Be Net-Zero By 2055, Says Chairman Setty
- State Bank of India Chairman CS Setty announced that the bank aims to be Net-Zero by 2055.
- Setty made the announcement while flagging off the 'SBI Green Marathon Season 5' event in Mumbai.
- Over 10,000 runners participated in the event, which also has similar events planned in other cities.
- The bank will be celebrating its centenary year of existence in 2055.
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Bloomberg Quint
2h
116
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Yunus Invites Elon Musk To Launch Starlink In Bangladesh
- Bangladesh's Chief Adviser Muhammad Yunus has invited Elon Musk to visit the country and launch Starlink satellite internet service.
- Yunus believes that integrating Starlink's connectivity into Bangladesh's infrastructure will have a transformational impact, especially for the youth, women, and underserved communities.
- He has asked his High Representative to coordinate with SpaceX team to ensure the necessary work is completed within the next 90 working days.
- Yunus had a telephonic discussion with Musk to explore future collaboration and introduce Starlink services in Bangladesh.
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Bloomberg Quint
3h
222
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Power Engineers' Body Calls For Nationwide Strike On June 26 Against Privatisation
- All India Power Engineers Federation has called for a nationwide strike on June 26th to protest against privatisation in the power sector.
- The National Coordination Committee of Electricity Employees and Engineers will hold big conferences in April and May to make the strike a success.
- The Nccoeee will also hold four big rallies in Uttar Pradesh to protest against the ongoing process of privatization.
- The resolution passed by Nccoeee General Assembly criticises the privatisation of the profit-making power department of Chandigarh as 'extremely objectionable'.
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Bloomberg Quint
3h
302
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Women At Work — Legal Rights In India
- In India, the role of women in the workforce is evolving, leading to changes in laws and company policies promoting gender equality and women's full participation.
- Legislation like the Sexual Harassment of Women at Workplace Act, 2013 (POSH Act) mandates anti-sexual harassment policies and Internal Committees in workplaces.
- The Maternity Benefits Act, 1961 provides paid maternity leave, adoption leave, and other support for women, ensuring their protection and reintegration into work.
- The Equal Remuneration Act, 1976 mandates equal pay for equal work, addressing wage disparities and promoting gender equity in compensation practices.
- Corporate governance laws require companies to appoint women directors on their boards, fostering leadership opportunities and inclusivity.
- Effective implementation is crucial to realizing the full potential of these laws and challenging traditional gender roles in the workplace.
- While legal frameworks are a step towards gender equality, more enforcement, transparency, and societal effort are needed to empower women in Indian workplaces.
- Extended maternity leave and parental leave, strict enforcement of pay equity laws, and broader gender diversity in corporate governance are key areas for improvement.
- Overall, a collaborative effort from policymakers, employers, and society can create inclusive workplaces that empower women and make gender equality a lived reality in India.
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Bloomberg Quint
3h
60
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Trade Setup For Feb. 24: NSE Nifty 50 And Bank Nifty Hold Key Levels Amid Indecisiveness
- The Nifty and Sensex ended lower for the fourth consecutive session.
- NSE Nifty 50 successfully held the 22,725 support levels.
- Bank Nifty is currently consolidating within the 48,500-49,650 range.
- Foreign portfolio investors stayed net sellers of Indian equities for the third straight day.
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Bloomberg Quint
4h
256
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From Mistakes At Berkshire To Japan Investments — Key Takeaways From Warren Buffett's Annual Letter
- Berkshire Hathaway's operating earnings surged 71% in the fourth quarter as interest rates lifted the company's investment income.
- Warren Buffett's cash hoard grew for the 10th quarter in a row, reaching a record $334.2 billion at the end of 2024.
- Buffett admitted mistakes in capital allocation and assessing managers' abilities, emphasizing the importance of addressing mistakes promptly.
- Berkshire demonstrates interest in the Japanese market, investing in major Japanese trading houses due to their disciplined capital management and shareholder-friendly policies.
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Bloomberg Quint
4h
170
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IML T20 2025: Check Schedule, Points Table, Stats, Live Telecast And Streaming Details
- The opening match saw Sachin Tendulkar-led India beat Sangakkara-led Sri Lanka in a last-over thriller of the International Masters League 2025 T20 tournament.
- The T20 cricket tournament features legendary players from India, Australia, England, West Indies, South Africa And Sri Lanka.
- The DY Patil Stadium in Navi Mumbai, Shaheed Veer Narayan Singh International Cricket Stadium in Raipur and BCA Stadium in Vadodara will host the 18 matches of the T20 tournament.
- The International Masters League 2025 will be telecast live on Colours Cineplex and Colors Cineplex Superhits TV channels in India.
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Bloomberg Quint
4h
82
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FPIs Pull Out Rs 23,710 Crore From Equities In February, Total Outflow At Rs 1 Lakh Crore In 2025
- Foreign investors have pulled out over Rs 23,710 crore from the Indian equity markets in February.
- The total outflows from FPIs have exceeded Rs 1 lakh crore in 2025.
- The Nifty has yielded negative returns of 4% year-to-date due to the massive selling by FPIs.
- Market concerns over global trade tensions and lackluster corporate earnings have contributed to the FPI outflows.
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Bloomberg Quint
5h
188
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Corporate Actions This Week — SBI Cards, IGI, Power Finance Corp And Nava
- SBI Cards, IGI, Power Finance Corp and Nava are involved in corporate actions this week.
- SBI Cards has declared an interim dividend of Rs 2.5 per share for the financial year 2024-25.
- International Gemmological Institute India Ltd. has declared an interim dividend of Rs 2.44 per share for the financial year 2024-25.
- Power Finance Corp. has announced its third interim dividend of Rs 3.50 per share for the financial year 2024-25. Nava has announced a buyback programme worth Rs 360 crore.
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Bloomberg Quint
5h
140
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Pearl Global Set To Mitigate Risks Over US Reciprocal Tariff — Here’s How
- Pearl Global Industries Ltd., with its largest market in the U.S. accounting for over 60% of business, is strategizing to mitigate risks over potential reciprocal tariffs announced by U.S. President Donald Trump.
- Managing Director Pallab Banerjee reassures that he does not anticipate immediate implementation of reciprocal tariffs due to possible inflationary impacts, with retailers likely transferring cost hikes to consumers.
- Garment manufacturing primarily occurs in major global hubs, and Pearl Global's diversified manufacturing locations across these hubs serve as a protective measure against tariff implications.
- Banerjee emphasizes the importance of the company's global presence in regions like Southeast Asia, Central America, and South Asia as a risk mitigation strategy.
- Despite concerns over trade tensions, Banerjee remains optimistic about the growth of the textile and garment industry, projecting stable growth rates in the U.S. market.
- Pearl Global's stocks experienced a slight decline alongside broader market trends, with Banerjee highlighting the textile industry's resilience amidst geopolitical uncertainties.
- Walmart's subdued sales forecast due to geopolitical factors contrasts with Pearl Global's outlook, with the latter maintaining confidence in the steady growth of the garment sector despite market fluctuations.
- The company's proactive approach to diverse production locations positions it favorably to navigate potential trade challenges and sustain business resilience in the face of evolving market dynamics.
- Pearl Global's adaptive strategies underscore its commitment to mitigating risks and seizing opportunities within the global textile and garment landscape with a focus on sustainable growth.
- Banerjee's insights reflect a balanced perspective on the industry's outlook, highlighting the company's preparation to navigate uncertainties while capitalizing on the sector's underlying growth trajectory.
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Bloomberg Quint
5h
35
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Apollo Micro Systems Eyes Up To 45% Annual Growth After Robust Q3 Results
- Hyderabad-based Apollo Micro Systems expects a strong growth trajectory, targeting a 40-45% annual growth rate after a record rise in net profit in Q3 2025.
- The company aims to double its revenue in the near future and has set internal targets for the same.
- Apollo Micro Systems reported an 83% YoY increase in consolidated profit after tax for the December quarter.
- The company is focused on domestic orders and is also working on international business expansion.
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Saastr
5h
289
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Dear SaaStr: What’s a Good Example of a Monthly Investor Update?
- Design a simple template for monthly investor updates.
- Include key metrics such as revenue growth, MRR/ARR, paying customers, net churn, NPS, and burn rate.
- Share the average of the last 3-4 months for core metrics for better predictability.
- Keep the update concise and include a brief overview of how things are going in general.
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17 Likes
Medium
5h
279
Image Credit: Medium
The Gaming Investment Rebound: What 2024’s $17.5B in Deals Tells Us About the Future
- Total gaming investments and M&A deals in 2024 reached $17.5 billion, up 39% in value and 16% in deal volume compared to 2023.
- Investments in early-stage game studios are slow, while mega-acquisitions are driving M&A values up.
- Private equity is emerging as a significant force in gaming investments.
- AI-driven gaming investments are on the rise, indicating a potential breakout moment.
- Although M&A surged in Q4 2024, it was largely driven by two significant deals, not broad industry recovery.
- Private equity firms are aggressively acquiring gaming businesses for long-term revenue generation.
- Investments in AI and blockchain gaming infrastructure are growing, focusing on efficiency and value creation.
- AI and blockchain gaming investments are crucial for the industry's future in proving their value to players and studios.
- Gaming companies are shifting towards profitability and proven models in their investment strategies.
- 2025 is expected to redefine the gaming industry landscape with selective investments and focus on profitability.
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Bloomberg Quint
6h
327
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BMC’s Mumbai Eye Plan: A Look At How The London Eye Fares In Revenue
- The proposal to erect a Mumbai Eye, similar to the London Eye, has been announced in the budget by the Brihanmumbai Municipal Corporation (BMC).
- The Mumbai Eye is expected to attract 70 lakh visitors per year, twice as much as the London Eye.
- The London Eye, with approximately 35 lakh visitors per year, is estimated to earn around 91 million pounds annually.
- Merlin Entertainments Ltd., the operator of the London Eye, reported a loss of 214 million pounds in 2023 but delivered revenue growth of 23% year-on-year to 748 million pounds through its gateway attractions.
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19 Likes
Bloomberg Quint
3h
166
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LCC Projects Files IPO Draft Papers On Road To India Listing
- EPC company LCC Projects has filed IPO draft papers with SEBI
- The proposed IPO includes fresh issuance of equity shares worth Rs 320 crore
- There will be an offer-for-sale of 2.29 crore shares by the promoters
- Proceeds from the fresh issue will be used for equipment purchase, debt payment, and general corporate purposes
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