(FILE PHOTO) Coach Graham Reid with the Indian men's hockey team at the Tokyo Olympics 2020. Indian men's hockey team chief coach Graham Reid on Monday resigned from his position following the host nation's disastrous outing at the just-concluded World Cup. Reid, who was appointed India coach in April 2019, led the team to a historic bronze medal finish at the Tokyo Olympics in 2021. The 58-year-old Australian submitted his resignation to Hockey India president Dilip Tirkey, a day after the conclusion of the World Cup in Bhubaneswar, where Germany beat Belgium in a penalty shoot-out to emerge as champions. "It is now time for me to step aside and hand over the reigns to the next management," Reid said, announcing his retirement. Reid's term was till next year's Paris Olympics. Read More "It has been an honour and privilege to work with the team and Hockey India and I have enjoyed every moment of this epic journey. I wish the team all the very best," he … [Read more...] about Indian men’s hockey team coach Graham Reid resigns following World Cup debacle
Cash tills for sale in south africa
The veteran value investor’s flagship Ariel Fund was up 14% in January after taking a hit in 2022. Now he is betting big on entertainment, private equity and — surprise! — housing. In an era when dyed-in-the wool value investing strategists have been pushed aside for sexier growth and quantitative managers, John W. Rogers Jr.’s patient contrarian approach has proven resilient in the aftermath of multiple market storms. Rogers, the founder and co-CEO of Ariel Investments, started the firm in 1983 just three years after graduating from Princeton. Forty years later, the oldest Black-owned investment firm in the U.S. manages more than $16 billion in assets. Most of that is in mutual funds and separately managed accounts, though $1.45 billion is in a new private equity fund dubbed Project Black. The brainchild of his co-CEO Mellody Hobson, the new fund aims to buy existing mid-size businesses and install Black and Latino executives who can build them into top tier suppliers … [Read more...] about The Comeback King: For 40 Years, John Rogers Has Come Out Of Bear Markets Stronger
Share to Twitter Share to Linkedin Defensive Stocks Recent News The investing landscape in 2022 was notable not only for the severity of losses but also their breadth: It was the first year, since at least the 1870s, that U.S. stocks and long-term bonds both fell by more than 10%. As a result, investors have turned to defensive stocks. Defensive stocks are companies that generally hold up well in times of economic distress. The main defensive sectors are generally considered to be utilities, healthcare and consumer staples, all of which have outperformed the market in 2022. Even in a downturn, consumers continue to spend money on these products. As of December 29, the S&P 500 index’s utility stocks as a whole fell 0.5% in 2022, while consumer staples were down 2.7% in the period. This may seem poor, but the broader market fell roughly 20% during the year. Despite the better performance, cyclical sectors such as industrials and consumer … [Read more...] about Protect Your Portfolio With Defensive Stocks Like These
The Union Budget will boost the order pipeline for the infrastructure sector, but the pace of implementation and execution of the big-bang capital expenditure plan announced by the Finance Minister Nirmala Sitharaman on February 1 will be key to success, said R Shankar Raman, chief financial officer of Larsen & Toubro Limited (L&T). Some ongoing issues in the infrastructure sector, like dispute resolution and pace of ordering, need to be addressed to help the industry accelerate growth, Raman told Moneycontrol’s Rachita Prasad. Raman also spoke about the opportunities and risks and how L&T is preparing for 2022-23. Pushing project execution, managing people and closing the divestment of its non-core assets is on the top of the agenda for the engineering giant. Edited excerpts: The Union Budget made a big commitment to capex . What is your key takeaway for the infrastructure sector? The Rs 7.5 lakh crore is generous. The good part of the allocation is … [Read more...] about Interview | Budget plan implementation, faster dispute mechanism key to infrastructure growth: L&T CFO
Adani group's stocks have nosedived after the Hindenburg report's release The Reserve Bank of India (RBI) is looking into the details of banks' exposure to Adani group companies and has sought the present status of these loans, people familiar with the matter told Moneycontrol . The RBI has already reached out to some of the major banks which are the lenders to the group and is engaging with lenders to verify the exposure details, one of the persons quoted above said. The Adani group companies have seen shares plummeting following a recent research report by a short-seller which followed the cancellation of group's Rs 20000 crore follow on share sale. An email sent to Adani group seeking a response to this story remained unanswered till the press time. A separate email sent to the RBI too seeking official comment didn't elicit any response. According to a report by CLSA, bank debt that include term loans, working capital and other facilities form just 38 percent of … [Read more...] about RBI looking at banks’ exposure to Adani group companies, seeks present status: Sources
Share to Twitter Share to Linkedin Elon Musk, co-founder and CEO of Tesla, speaks during an event at the Hornsdale wind farm, operated ... [+] by Neoen SAS, near Jamestown, South Australia, on Friday, Sept. 29, 2017. (Carla Gottgens/Bloomberg In late January , I noted that Tesla (TSLA) CEO Elon Musk’s executive compensation plan raised significant red flags. Since then, proxy advisor Glass Lewis recommended investors vote against the proposal , which could grant Musk performance-based options worth over $2.6 billion. The red flags haven’t stopped there. More executive departures, more missed production projections, and competitors taking market share have left Tesla’s sky-high valuation with even more downside risk. Recent Departures Fail to Stoke Confidence The launch of the Model 3 marks a critical period for Tesla. As the company struggles to hit production targets on its first mass-market vehicle, one would hope the executive team … [Read more...] about Time To Follow Tesla Executives And Run For The Hills?
Share to Twitter Share to Linkedin Internet advertising was born of the idea that a host of services and information would be available free in return for the ability to collect data from consumers in order to serve them better ads or search results. Yet that ideal “contract” with consumers has, in many cases, turned into a “faustian bargain” at the cost of personal privacy. Data, provided by consumers most often without their informed consent, is at the heart of the staggering rise in Internet Advertising. Digital advertising spending worldwide amounted to $521.02 billion in 2021 and is projected to reach $876 billion by 2026, according to Statista, with marketers spending more on digital platforms than any other media format. Privacy legislation like Europe’s General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA) have attempted to even the playing field to provide consumers more control over their personal information. … [Read more...] about Can John Roa’s Caden Solve The Internet Advertising Privacy Problem?