Put us on edge

The research firm ICICI Securities believes earnings of apparel brands and retail companies under their coverage may surprise positively from Q3FY22E as the likely demand recovery may result in better than expected margin performance. Some of the costs savings achieved during pandemic may sustain and coupled with high operating leverage may lead to higher than pre-covid margins from Q3FY22E.  Stocks like Trent, V-Mart and Aditya Birla Fashion and Retail are the preferred picks backed by their strong and consistent track record of execution. Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Geojit's research report on Info Edge India Info Edge (India) Limited is engaged in online classified business. Company operates an online job portal Naukri.com, matrimony website Jeevansathi.com, real estate search portal 99Acres.com and an … [Read more...] about Buy Info Edge India; target of Rs 4865: Geojit

- A + A NEW YORK/BENGALURU/GDANSK (June 22): US stock indexes edged higher in choppy trading on Wednesday, with healthcare shares offsetting losses in the energy sector, after Federal Reserve Chair Jerome Powell said the US central bank is "strongly committed" to bringing down inflation. In his testimony to the Senate committee, Powell pledged an "overarching focus" on bringing down decades-high inflation and reiterated that ongoing increases in the policy rate would be appropriate, with the exact pace dependent on the economic outlook. "We are not trying to provoke, and I don't think we will need to provoke, a recession," Powell said. Powell's comments came a week after the Fed raised interest rate by three-quarters of a percentage point, its largest increase since 1994. Economists expect a similar move next month, followed by a half-percentage-point rise in September, according to a Reuters poll. "It's the dovish side of very hawkish ... a little bit less … [Read more...] about Wall Street edges higher after Powell’s remarks

This article first appeared in City & Country, The Edge Malaysia Weekly, on June 13, 2022 - June 19, 2022. The Sabah residential property market rebounded strongly in 2021, with 4,805 transactions worth RM1.941 billion recorded (Photo by Shahrin Yahya/The Edge) - A + A The Sabah residential property market ended 2021 on a better note compared with the start of that year and this upward trend is likely to continue in 2022, according to Rahim & Co regional manager (Sabah) Max Sylver Sintia in presenting The Edge | Rahim & Co Kota Kinabalu Housing Property Monitor 1Q2022. The houses monitored have shown resilience during these challenging times, with good activity on the secondary market, he says. “The positive growth recorded by our samples indicates that the secondary market is active, especially for properties in good locations that are well maintained. The demand for these properties is quite strong as their value is sustainable, with … [Read more...] about The Edge | Rahim & Co Kota Kinabalu Housing Property Monitor (1Q2022): Signals of growth seen for KK housing market

Share to Twitter Share to Linkedin Connection is everything. It helps shape who we are and how we behave towards one another “When we know ourselves to be connected to all others, acting compassionately is simply the natural thing to do,” wrote author Rachel Naomi Remen. During the pandemic, in the midst of quarantine and social distancing, Arlekin Players Theatre, a theater company made of immigrant actors from the former Soviet Union, created a production, State vs Natasha Banina . Performed live on Zoom, the show centered around connection and the dismantling of it. In this immersive live piece, which contained interactive elements and animation, Darya Denisova played a teenage Russian girl living in an orphanage who is on trial for manslaughter. She insists she committed a crime of passion. The Zoom audience decides her fate. State vs Natasha Banina, which was directed by Ukrainian-Born Igor Golyak went viral. Unlike the typical staring into … [Read more...] about Working In This Cutting Edge Fifth Dimension Of Theater Jessica Hecht Discovered Unexpected Magic

Ankiti Bose (Image: @ankitibose/Instagram) Zilingo founders Ankiti Bose and Dhruv Kapoor have joined hands to make a management buyout offer of the company as the Singapore-based business-to-business (B2B) e-commerce startup is staring at voluntary liquidation, according to sources aware of the matter. "Given the potential of the business and the value you know this company can achieve, I urge you to consider the management buyout offer as a preferred alternative to voluntary liquidation," Dhruv Kapoor, Zilingo's co-founder and chief technology officer, told the Board of Directors of Zilingo, in a mail, a copy of which was viewed by Moneycontrol. "I make this offer on the basis of firm investor commitments and having appointed legal and financial advisers in respect of the management buyout offer," Kapoor added. According to the letter, the new investor will be infusing $8 million in equity in tranches. The offer further stated that pursuant to Singapore's Insolvency, … [Read more...] about Zilingo founders join hands, make buyout offer as B2B startup teeters on edge of liquidation

Syed Saddiq Syed Abdul Rahman seen at the KL Court Complex for his money laundering trial on Wednesday, June 22, 2022. (Photo by Shahrin Yahya/The Edge) - A + A KUALA LUMPUR (June 22): An Investigating Officer (IO) had suspected that former youth and sports minister Syed Saddiq Syed Abdul Rahman was involved in the missing monies from a safe kept in his house, the High Court heard on Wednesday (June 22). Ahmad Marzuqi Ibrahim, Assistant Superintendent with the Petaling Jaya District Police Headquarters, said this at the Muar member of parliament's trial on charges that include criminal breach of trust (CBT) involving RM1 million belonging to Parti Pribumi Bersatu Malaysia's Youth wing, Armada. Into its second day, the trial on Wednesday centred around the missing RM250,000 stolen from Syed Saddiq's safe in March 2020. Ahmad Marzuqi, the prosecution's fifth witness, was the IO on the case. Syed Saddiq had lodged a police report on the missing monies on March … [Read more...] about IO suspected Syed Saddiq was involved in theft of RM250k from his home

Ikea just deleted my dog. Well, I guess I deleted my dog, with Ikea’s help. advertisement advertisement My 75-pound golden retriever wears a cone of shame near my front door. My children play Switch on our leather couch. A shoe cabinet—a piece of furniture I don’t really like but has proven indispensable for my family’s clutter—sits in the background, quietly judging the scene. advertisement The process of getting here wasn’t instantaneous. First, I had to take several photos of the space, lining up the edges of different ones, like stitching together a panoramic image. Then the app asked me to wave my camera in a strange figure eight—and a larger figure eight—and then to take a few steps to my right to do it all again. With each request Ikea made, I admittedly lost a little confidence that this would even work. And once I was done, I still had to wait another 10 minutes for processing. advertisement “People often buy … [Read more...] about Ikea’s new app deletes your living room furniture so you can buy even more

Italy during the VNL Week 2 in Manila. –VOLLEYBALL WORLD MANILA, Philippines — Italy made a rousing Quezon City leg debut by sweeping Germany, 25-16, 25-21, 25-22, in the Volleyball Nations League (VNL) on Wednesday at Smart Araneta Coliseum. The Italians hosted a block party, nailing 12 blocks — four rejections each from middle blockers Gianluca Galassi and Simone Anzani — to earn their fourth win in five matches. Besides their tremendous net defense, Yuri Romano provided the offensive fire power with 13 points built on 10 attacks, two service aces, and a block “We blocked pretty well. That was important today because Germany spike hard,” said Romano. Galassi had 11 points, while Anzani and Daniele Lavia added nine markers each. Although they stood tall in blocking, Romano is putting premium on improving their attacks with three more games left in Week 2. “Today we do well in all things but we can improve in other things,” he said as Italy barely edged Germany in … [Read more...] about VNL: Italy thumps Germany for strong start in Quezon City leg

Rajnish Kumar’s three-year term as State Bank of India (SBI) Chairman was a roller-coaster ride from Day 1. A pandemic, a private bank bailout and a deep economic slowdown – all happened during his term. Kumar played a key role in bailing out Yes Bank. During his tenure, SBI has substantially cut down the chunk of toxic assets and successfully completed the amalgamation process of its associates. In an exclusive interview with Moneycontrol, Kumar opened up about the challenges he faced. Edited excerpts: How tough was your three years as SBI Chairman? Kumar : There were many challenges in the last three years. When I took charge, the merger process (with associates) was on, and then AQR (asset quality review) happened. There was significant stress on the books. And, of course, IBC (insolvency and bankruptcy code) also happened during that period. Having said that, I feel one can get tested only when there are challenges. If you are only doing your routine job, there is … [Read more...] about EXCLUSIVE: SBI needs to be watchful about corporate NPAs, COVID-19 impact, says Rajnish Kumar

Share to Twitter Share to Linkedin Chet Holmgren has only worked out for two teams — the Orlando Magic and the Oklahoma City Thunder — ahead of Thursday’s NBA Draft, a league source said. The 7-foot, 195-pound Gonzaga freshman is widely projected to go No. 2 to the Thunder, with Auburn’s Jabari Smith expected to go No. 1 overall to the Magic. “I’ve had a few workouts with teams,” Holmgren said this week on a Zoom call. “I’m not going to disclose as far as who that is or what went down. I was well prepared for them after two months pre-draft training in California.” He added: “At the end of the day, it’s gonna be a complete blessing to have an NBA jersey and put that hat on draft night. No matter where it is, it’s not up to me at the end of the day. No matter where it is, I’m going to lace my shoes up and get to work as soon as I touch down in the city.” Holmgren, who averaged 14.1 points, 9.9 rebounds and 3.7 blocks while shooting 41-of-105 … [Read more...] about NBA Draft 2022: Gonzaga’s Chet Holmgren Has Worked Out For Only The Orlando Magic And OKC Thunder