Exactitude Consultancy offers market research and consulting services, focusing on strategic business challenges. Their reports provide in-depth analysis, including economic impacts, competition, and market forecasts, ensuring clients receive reliable data to drive growth. Customization options are available for tailored insights.
Vodafone Idea plans to raise Rs 2,000 crore through a preferential equity issue to clear dues to Indus Towers and enhance debt-funding discussions. Following Vodafone Plc's exit from Indus Towers, the proceeds will help repay outstanding debts and address Vodafone Idea's past dues of Rs 3,600 crore. Analysts expect a similar equity infusion strategy as seen in previous transactions.
IG Group Holdings has repurchased 10,870 of its ordinary shares at an average price of 955.2754p per share, increasing its treasury shares to over 6.2 million. This buyback is part of a broader strategy that has cost the company nearly £57 million since September 2024, aimed at effectively managing its share capital.
08:17 05.12.2024
Tata Sons plans to avoid a public listing by providing an undertaking not to access public funds, as it seeks to declassify itself from being an "upper layer NBFC" and core investment company. This move comes amid significant investments, including over Rs 1 lakh crore for two semiconductor units. However, this may limit its ability to offer corporate guarantees for its growing businesses, following a reduction of Rs 20,000 crore in public debt earlier this year.
Vodafone Group Plc’s £15 billion merger with Three has received approval from the UK’s antitrust authority, allowing the formation of the largest telecommunications operator in Britain by revenue. To address competition concerns, the company committed to significant investments in upgrading the UK’s mobile network and ensuring consumer protection against price increases.
The wealth of the world's billionaires surged by 17% last year, driven by significant gains in the U.S., where the number of billionaires rose to 835 and their wealth increased to $5.8 trillion. In contrast, China's billionaire count fell to 427, reflecting losses in real estate and economic uncertainty. India saw a notable rise, with billionaires increasing by over 20% to 185 and their wealth surpassing $906 billion.
08:06 05.12.2024
The global wealth of billionaires surged by 17% over the past year, driven by significant gains in the U.S., where the number of billionaires rose from 751 to 835, and their wealth increased from $4.6 trillion to $5.8 trillion. In contrast, China's billionaire count fell from 520 to 427, reflecting losses in property markets. Meanwhile, India saw a notable increase in billionaires, rising to 185 with a wealth boost of over 40% to nearly $906 billion.
08:06 05.12.2024
Geojit Financial Services has given a "Buy" rating for KPIT Technologies, setting a target price of ₹1,760. The company is expected to achieve a revenue and PAT CAGR of 19% and 20% respectively from FY25E-FY27E, driven by strong deal wins and strategic growth in the mobility sector. Despite recent investments, EBITDA margins are projected to stabilize at 20-21%, supported by a favorable currency mix and volume growth.
Germany is home to 117 billionaires, with a growing focus on real estate and gold as safe investments amid geopolitical risks and economic concerns. The total wealth of these billionaires has increased by 10% to $546 billion, yet only 28% are self-made, highlighting challenges for entrepreneurship in the country. Globally, the number of billionaires has stagnated, particularly in China, while female billionaires have seen significant growth, reflecting increased female participation in entrepreneurship.
08:00 05.12.2024
SpeoEx Exchange has launched its inaugural Global Fund Manager Investment Competition, aiming to unite top fund companies worldwide to enhance financial education and cryptocurrency investment strategies. The event will feature renowned fund managers and offer substantial rewards, including a $10 million bonus for the top manager and exclusive benefits for participants and voters. This initiative reflects SpeoEx's commitment to advancing the global financial market amidst significant economic shifts.
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