Money

India plans $81 billion sale of infrastructure assets

Published

3 years ago

August 24, 2021

ticker NEWS

India is planning to raise 81 billion dollars by selling state owned infrastructure assets over the next four years.

The plan will include sale of road and railway assets, airports, power transmission lines and gas pipeline.

The finance Finance Minister is scheduled to make the road-map public at 5 p.m. Monday local time.

The move is in line the PM Modi’s divestment policy in which the the state will retain presence in only a few sectors with the rest privatised across the nation.

Dehli has budgeted for up to 1.75 trillion rupees from these types of sales into early next year.

Money

Warner Brothers & Discovery considers splitting up to boost stock value

Published

1 week ago

July 19, 2024

ticker NEWS

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

1 week ago

July 18, 2024

ticker NEWS

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Money

Netflix expands use of ads despite slow subscriber growth

Published

1 week ago

July 18, 2024

ticker NEWS

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.