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Ravi Tiku’s Perspective: Decoding Today’s Headlines

Ravi Tiku’s Perspective: Decoding Today’s Headlines

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US Fed hikes rates by 25 bps to fight inflation despite banking crisis and recession fears

May 4, 2023
US Fed hikes rates by 25 bps to fight inflation despite banking crisis and recession fears

Fed chair Jerome Powell The Fed is aiming to bring inflation under 2 per cent and for that it has resorted to the fastest rate hikes in history, with nine increases since March 2023. …

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Categories Finance News Tags inflation, US Fed, USA

After Adani and Block, Hindenburg takes on billionaire Carl Icahn

May 3, 2023
After Adani and Block, Hindenburg takes on billionaire Carl Icahn

Shares of Icahn Enterprises fell 5.4 per cent in premarket trading. In its research, Hindenburg showed that the valuation of IEP units was unfairly increased by over 75 per cent and that “IEP trades …

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Categories Finance News Tags Carl Icahn, Hindenburg, IEP, NAV

Higher EPFO pension: Here’s how monthly pension and corpus reallocation from EPF to EPS will be calculated

May 2, 2023
Higher EPFO pension: Here's how monthly pension and corpus reallocation from EPF to EPS will be calculated

Before you decide to opt-in for the higher pension income, it is essential to understand the new pension rules’ details, including corpus re-allocation Teena Jain Kaushal When it comes to personal financial planning, prioritising …

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Categories Finance News Tags EPFO, EPS, Higher pension

Higher pension from EPFO: Procedural hassles still a roadblock to applying for higher EPS

May 1, 2023
Higher pension from EPFO: Procedural hassles still a roadblock to applying for higher EPS

EPFO Lack of clarity among EPFO subscribers regarding the necessary documentation and the process for computing the transferable amount  Teena Jain Kaushal Although the deadline to apply for a higher pension from the Employees …

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Categories Finance News Tags EPFO, EPS, Higher pension

‘We have welcomed the investigation’: Adani Group after SEBI seeks more time to complete probe

April 30, 2023
'We have welcomed the investigation': Adani Group after SEBI seeks more time to complete probe

The Supreme Court had ordered SEBI to “expeditiously conclude” its investigation within two months and file a status report by May 2 Pranav Dixit The Securities and Exchange Board of India (SEBI) is asking …

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Categories Finance News Tags Adani group, Investigation, SEBI

Park Avenue, Kamasutra have double-digit sales growth potential for decades to come: Godrej Consumer CFO

April 28, 2023
Park Avenue, Kamasutra have double-digit sales growth potential for decades to come: Godrej Consumer CFO

Godrej is acquiring the consumer goods business of the Park Avenue brand, which includes deodorants, premium soaps and certain categories of shampoos for men. The Rs 2,825-crore acquisition of Raymond FMCG business by GCPL …

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Categories Finance News Tags Godrej, Kamasutra, Park Avenue

Took 10 years! Tata Starbucks crosses Rs 1,000 crore sales in a financial year

April 27, 2023
Took 10 years! Tata Starbucks crosses Rs 1,000 crore sales in a financial year

Tata Starbucks added 71 new stores and entered 15 new cities during the year in FY23 Its net sales for FY23 stood at Rs 1,087 crore, representing a growth of 71 per cent over …

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Categories Finance News Tags Starbucks, Tata Group

Using same WhatsApp account on four phones now possible; see details

April 26, 2023
Using same WhatsApp account on four phones now possible; see details

WhatsApp According to the company, this feature will be available to all users within the coming weeks, allowing them to log into the same WhatsApp account on up to four phones Pranav Dixit Updated …

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Categories Finance News Tags Facebook, Mark Zuckerberg, WhatsApp

Higher EPS: EPFO releases details on how to apply for higher pension

April 25, 2023
Higher EPS: EPFO releases details on how to apply for higher pension

In November 2022, the Supreme Court allowed employees who missed the earlier deadline to submit fresh options within four months. According to a circular released on April 23, 2023, an online system has been …

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Categories Finance News Tags EPFO, Higher pension, Supreme Court

Wipro board to consider proposal for equity share buyback on April 27

April 24, 2023
Wipro board to consider proposal for equity share buyback on April 27

Wipro Wipro is also set to announce its financial results for the quarter that ended March 31, on the same day as the conclusion of the meeting Business Today Desk Updated Apr 23, 2023, …

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Categories Finance News Tags Share market, wipro
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