Saudi Fashion Industry Soars: 2024 Report Highlights Growth, Gender Equality, and Market Expansion
The Saudi Fashion Commission has unveiled its 2024 State of Fashion Report, showing impressive growth in the Kingdom’s fashion industry. Revealed during an investment event in London, the report was part of the Fashion Futures initiative and presented in a unique briefcase designed by Saudi brand 1886. This report provides an in-depth look at Saudi […]
Jefferies’ Chris Wood Shifts Strategy: Reduces India Exposure, Increases China Allocation Amid Geopolitical Tensions
Christopher Wood, the global head of equity strategy at Jefferies, has reduced his exposure to Indian equities by one percentage point as of October 2, 2024, amidst increasing domestic market volatility. Despite this adjustment, Wood maintains an ‘overweight’ position on Indian markets, reflecting his continued optimism for long-term gains. Increased Weight on China Amid Rallies […]
Why Remote Work Benefits Are Here to Stay Despite Corporate Pushbacks
Flexibility Remains a Priority for EmployeesA recent survey by the Conference Board revealed that workplace flexibility is the most important aspect of compensation, second only to a competitive salary. This underscores how much employees value the ability to work remotely, despite major companies like Amazon and Dell recently announcing stricter return-to-office (RTO) policies. Amazon’s Strategy: […]
Reliance Industries Sets Bonus Share Record Date for October: What Past Trends Suggest
New Delhi: Reliance Industries, led by Mukesh Ambani, recently approved a 1:1 bonus share issue, calling it an “early Diwali gift” for shareholders. The decision was initially announced during the company’s 47th annual general meeting held in late August. In a regulatory filing, the company stated, “The Board of Directors of Reliance Industries Limited has […]
America’s Stores Are Winning the Fight Against Shoplifting
A Changing Narrative on Shoplifting A year ago, many U.S. retailers declared a shoplifting crisis, closing stores in major cities, boosting security, and reporting significant losses. Fast forward to this year, and the story has shifted. Retailers are either reporting fewer issues or avoiding the topic altogether, suggesting a significant improvement in managing theft and […]
7 Key Principles for EPIC Leadership During Crisis and Change
In today’s business landscape, the greatest challenge may not be market volatility or competition, but rather the ability to lead effectively through periods of change and uncertainty. Successful leaders today go beyond agility—they embrace a framework known as EPIC leadership, which focuses on Empowerment, Purpose, Innovation, and Collaboration. 1. Lead People, Not Just ProcessesCrises impact […]
Excellence Iconic Awards: Celebrating Remarkable Achievements.
Join us in celebrating the best of the best at the Excellence Iconic Awards. Be inspired by the remarkable achievements and learn from their success.
Dabur stock price rises on market share gain, Badshah acquisition
Share price of FMCG company Dabur surged 1.5 percent higher as the company reported market share gain across 95 percent of its portfolio in Q2FY23 and also announced an acquisition to expand its food business. At 10 am, the stock was quoting R s 541 on the National Stock Exchange, up by 1.6 percent. In […]
10-year yields highest since 2011 before expected Fed rate hike
Benchmark 10-year U.S. Treasury yields jumped to their highest level since 2011 on Monday as investors adjusted for the likelihood that the Federal Reserve will hike rates higher and for longer than previously expected as inflation remains near multi-decade highs. Data last week showed higher-than-expected consumer prices in August, dashing hopes that the worst […]
Milk Price Hike To Improve Profitability Of Organized Dairies.
Mumbai (Maharashtra): The recent hike in retail milk price by 2 per liter will limit the slide in the profitability of the organized dairy sector to 50 basis points (bps) on-year this fiscal, despite a higher than anticipated rise in procurement prices, and transport and packaging costs. Despite lower profitability, comfortable balance sheets and better working […]