2024 FEF Semi-Annual Letter to Shareholders
The key points from the 2024 FEF Semi-Annual Letter to Shareholders are: Sources: 2024 FEF Semi Annual Letter to Shareholders
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How to Identify a Top-Performing CEO for Your Stock Investment
Visiting Warren Buffett in Omaha a few years ago, my students and I got a rare glimpse into his method for selecting managers. When asked about his process, Buffett explained it simply: He takes them to lunch, and if they seem motivated by money alone, he doesn’t hire them. For Buffett, with his extraordinary knack…
India and UK Committed to Free Trade Agreement: Insights from Piyush Goyal
In a free trade agreement (FTA), two or more trading partners either significantly reduce or eliminate customs duties on the maximum number of goods traded between them. Additionally, they ease norms to promote and facilitate trade in services and investments. India and UK’s Commitment to FTA Commerce and Industry Minister Piyush Goyal announced on Wednesday…
Finance Ministry Concludes Pre-Budget Talks with Key Stakeholder Groups
The Finance Ministry has wrapped up its pre-budget consultations, engaging with ten crucial stakeholder groups, including agriculture, education, health, MSME, energy, and infrastructure sectors. These discussions, involving over 120 invitees, began on June 19 and concluded on July 5, highlighting concerns around jobs and growth for the upcoming budget. The first full budget of the…
European Markets Set to Open Higher Amid U.K. Election Focus
European stocks are poised for a strong start on Friday as attention centers on the U.K.’s general election. Futures for major indices, including the DAX, CAC, and FTSE, are trading higher, reflecting investor optimism. Specifically, the DAX futures are up by 0.24%, CAC by 0.53%, and FTSE by 0.33%. Market Update: Benchmark Indices Decline As…
Raymond Board Approves Strategic Real Estate Business Demerger
Raymond Ltd announced on July 4 that its board has approved the demerger of its real estate business, Raymond Realty Limited, aiming to unlock the full value of this segment. Unlocking Growth Potential in Real Estate The primary objective of this demerger is to capitalize on the growth opportunities within the real estate sector and…
Bharti Airtel Follows Jio in Increasing Tariffs: Prices Rise by 20%
Airtel Joins Jio in Raising Mobile Tariffs Bharti Airtel announced a significant increase in mobile tariffs by up to 20% effective July 3. This announcement came just a day after Reliance Jio, the market leader, implemented a similar hike. The new pricing details reveal that unlimited calling plans will now cost 11-20% more across both…
Student Loans in India: Everything You Need to Know
Introduction Education is often seen as the stepping stone to success, particularly in a country like India where academic achievements can significantly influence one’s career trajectory. However, the rising cost of higher education poses a significant challenge for many students and their families. This is where student loans come into play, providing the necessary financial…
SEBI Tweaks Delisting Rules and F&O Criteria; Imposes Restrictions on Influencers
The Securities and Exchange Board of India (SEBI) recently announced several regulatory updates, including changes to the delisting framework, adjustments to futures and options (F&O) inclusion criteria, and new restrictions on financial influencers (finfluencers). These changes aim to create a more equitable and secure market environment. Revised Delisting Framework: Easier Path for Promoters SEBI has…
Wipro CEO Highlights AI’s Transformative Potential Across Industries
The world is on the brink of a technological revolution, and businesses everywhere are eager to leverage artificial intelligence (AI) to transform their operations. Srini Pallia, CEO and managing director of Wipro, underscored this in the company’s annual report for 2023-24. Wipro’s AI-Driven Ecosystem: ai360 Last year, Wipro launched ai360, an AI-first ecosystem supported by…
