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Montse Tome named Spain`s women`s team coach after World Cup winner Vilda sacked Spanish Football Federation (RFEF) has announced that Jorge Vilda has been dismissed as the coach of the Spanish Women's Football team, with Montse Tome taking over the role. Tome, who served as Vilda's assistant since 2018, will lead the team in the upcoming UEFA Nations League matches against Sweden and Switzerland on September 22 and 26, respectively, Xinhua reports. Vilda had held his position since 2015. However, his tenure was marred by controversy when, in September 2022,...
Montse Tome named Spain`s women`s team coach after World Cup winner Vilda sacked
Montse Tome named Spain`s women`s team coach after World Cup winner Vilda sacked
Source: IANS
6/09/2023 11:13:26 AM
Delving into unique traditions and festivals celebrating chocolates Chocolate, a delectable treat that transcends borders, has been an integral part of various cultures across the globe. Beyond its luscious taste, chocolate plays a significant role in traditions and festivals, making it a symbol of celebration and happiness in different nations. Chocolate, a universal delight, has woven itself into the fabric of diverse cultures worldwide. India's celebrations during Diwali and Raksha Bandhan, Switzerland's prestigious chocolate festivals, Mexico&#...
Delving into unique traditions and festivals celebrating chocolates
Delving into unique traditions and festivals celebrating chocolates
Source: IANS
5/08/2023 4:09:57 PM
Nestle India rises on aiming to grow distribution footprint in semi-urban, rural markets Nestle India is currently trading at Rs. 22535.40, up by 48.50 points or 0.22% from its previous closing of Rs. 22486.90 on the BSE. The scrip opened at Rs. 22551.20 and has touched a high and low of Rs. 22650.45 and Rs. 22433.40 respectively. So far 553 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 23390.00 on 17-Jul-2023 and a 52 week low of Rs. 17888.00 on 15-Mar-2023. Last one week high and low of the scr...
Nestle India rises on aiming to grow distribution footprint in semi-urban, rural markets
Nestle India rises on aiming to grow distribution footprint in semi-urban, rural markets
Source: Accord Fintech
31/07/2023 11:32:26 AM
IMF bumps up India's 2023 growth projection to 6.1 The International Monetary fund on Tuesday projected that the Indian economy will grow by 6.1 per cent in 2023, which is 0.2 points — 20 basis percentage points — higher than its April forecast. The fund attributed the upwardly revised projection to “stronger domestic investment”. The forecast for 2024 remained unchanged at 6.4 per cent. The fund also said the Chinese recovery from Covid-19 related restrictions and lockdown is "losing steam" after sh...
IMF bumps up India's 2023 growth projection to 6.1
IMF bumps up India's 2023 growth projection to 6.1
Source: IANS
26/07/2023 9:19:42 AM
India to hold trade deal talks with UK, European nations on July 10-11  India's trade minister will hold talks in the UK on a free trade deal with Britain and meet ministers from the European Free Trade Association from July 10 to 11, the Ministry of Commerce and Industry said on Sunday. Trade minister Piyush Goyal will meet with his UK counterpart, Kemi Badenoch, as well as representatives from British industry, the ministry said in a statement. The talks offer an opportunity to discuss the main priorities of a free trade agreement "with a f...
India to hold trade deal talks with UK, European nations on July 10-11
India to hold trade deal talks with UK, European nations on July 10-11
Source: Reuters
9/07/2023 2:58:01 PM
Gross foreign direct investment flows to India down to 16% in FY23 The Reserve Bank of India (RBI) in its latest monthly bulletin has said that gross foreign direct investment (FDI) flows to India, for the first time in a decade, declined on an annual basis in 2022-23 to $71 billion mainly due to a slowdown in the global economy. The annual decline works out to be 16.3 per cent in 2022-23 compared to inflows in 2021-22. The gross FDI inflows in 2021-22 were $81.97 billion, up 10 per cent over fiscal 2019-20.  The previous year-on-year contraction in ...
Gross foreign direct investment flows to India down to 16% in FY23
Gross foreign direct investment flows to India down to 16% in FY23
Source: Accord Fintech
25/05/2023 10:33:29 AM
Logitech appoints Anand Lakshmanan as India Head Switzerland-based tech firm Logitech on Monday announced the appointment of Anand Lakshmanan as its India Head. According to the company, Lakshmanan, who has been a part of Logitech for over two years, will now take the role of overseeing Logitech's complete portfolio in the Indian market, encompassing B2C and B2B, businesses. Previously, he served as the head of B2B for Logitech India and South West Asia. "I am honoured to lead the B2B and B2C businesses in India. I believe...
Logitech appoints Anand Lakshmanan as India Head
Logitech appoints Anand Lakshmanan as India Head
Source: IANS
8/05/2023 6:01:04 PM
Jefferies sees softer impact of Credit Suisse crisis on India  India's banking sector will likely have a softer impact from the troubles at Credit Suisse, given the Swiss lender's relatively small presence in the country, equity analysts at Jefferies said on Thursday. Credit Suisse has a 1.5% share among foreign banks' assets in India and a 'small' 0.1% share of overall banking assets in the country, Jefferies estimated. It has only 1 branch in India and total assets of over 200 billion rupees ($2.42 billion), it said. &qu...
Jefferies sees softer impact of Credit Suisse crisis on India
Jefferies sees softer impact of Credit Suisse crisis on India
Source: Reuters
16/03/2023 5:13:07 PM
Credit Suisse thrown $54 billion lifeline in rush to ward off global bank crisis Credit Suisse said on Thursday it would borrow up to $54 billion from Switzerland's central bank to shore up liquidity and investor confidence, after a slump in its shares had intensified fears about a global banking crisis. The bank's announcement, which came in the middle of the night in Zurich, prompted a 24% rise in Credit Suisse shares and helped reverse some of the heavy losses on stock markets driven by investor fears over potential bank runs across the world. Credit Suis...
Credit Suisse thrown $54 billion lifeline in rush to ward off global bank crisis
Credit Suisse thrown $54 billion lifeline in rush to ward off global bank crisis
Source: Reuters
16/03/2023 5:06:27 PM
Maharashtra rakes in investment proposals worth Rs 88,500 cr at Davos Conducting brisk business at the World Economic Forum (WEF) in Davos, Switzerland, Maharashtra Chief Minister Eknath Shinde and his team inked MoUs worth around Rs 88,500 crore for various projects with a potential to create over 56,000 jobs, officials said on Tuesday. Industry Minister Uday Samant, who is part of the CM's entourage, said that in the first two days, the state government has signed agreements with several major global conglomerates and investors. Present at the cerem...
Maharashtra rakes in investment proposals worth Rs 88,500 cr at Davos
Maharashtra rakes in investment proposals worth Rs 88,500 cr at Davos
Source: IANS
17/01/2023 10:04:18 AM
`David` Torrent in battle with `Goliath` Hindujas for Reliance Capital buy out The IIHL (Hinduja Group) and Torrent are in the final race for Reliance Capital resolution process. IIHL, a part of Hinduja Group, is the highest bidder with a bid value of Rs 10,000 crore which includes an upfront cash offer of Rs 9,000 crore. In comparison, the value of Torrent's resolution plan is Rs 8,640 crore, which the company bid at the Challenge Mechanism conducted by the COC on December 21, 2022. Hinduja is one of the leading conglomerates with presence in multiple sect...
`David` Torrent in battle with `Goliath` Hindujas for Reliance Capital buy out
`David` Torrent in battle with `Goliath` Hindujas for Reliance Capital buy out
Source: IANS
16/01/2023 9:21:14 AM
Swiss central bank posts $132 bn record loss Switzerland's government will not receive a payout from the Swiss National Bank for 2022, as the central bank projects the biggest loss in its 116-year history, the media reported. The SNB expects an annual loss of about 132 billion francs ($143 billion), more than five times the previous record, it said on Monday in preliminary results. The largest part of this, 131 billion francs, stems from collapsed valuations of its large pile of holdings in foreign currencies, accrued as a res...
Swiss central bank posts $132 bn record loss
Swiss central bank posts $132 bn record loss
Source: IANS
9/01/2023 2:09:01 PM
Wipro surges despite weakness over Dalal Street Wipro is currently trading at Rs. 389.85, up by 1.00 points or 0.26% from its previous closing of Rs. 388.85 on the BSE. The scrip opened at Rs. 390.25 and has touched a high and low of Rs. 393.35 and Rs. 388.00 respectively. So far 107557 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 726.70 on 03-Jan-2022 and a 52 week low of Rs. 372.40 on 17-Oct-2022. Last one week high and low of the scrip stood at Rs. 400....
Wipro surges despite weakness over Dalal Street
Wipro surges despite weakness over Dalal Street
Source: Accord Fintech
21/12/2022 3:31:36 PM
Support for agricultural production in developing nations cannot be shifted: India at COP15 At the ongoing UN biodiversity summit, referred to as COP15, that will reach a consensus on putting in place the post-2020 Global Biodiversity Framework (GBF), India has said the support for agricultural production in developing countries cannot be shifted. In a statement at the summit by Indian delegation led by Environment, Forest and Climate Change Minister Bhupender Yadav on Saturday noted that its goals and targets must be based on the principle of common but differentiated responsibi...
Support for agricultural production in developing nations cannot be shifted: India at COP15
Support for agricultural production in developing nations cannot be shifted: India at COP15
Source: IANS
18/12/2022 5:34:05 PM
Stocks and bonds tumble as hawkish central banks dash pivot hopes World stocks were stuck near one-month lows and government bond markets came under fresh selling pressure on Friday, a day after a slew of central banks jacked up interest rates and signalled that the fight to tame inflation was not over yet. Interest rates went up in the euro area, Britain, Switzerland, Denmark, Norway, Mexico and Taiwan on Thursday, following a U.S. rate hike a day before, and central bankers vowed to keep raising rates to bring down prices. This week's hawkish me...
Stocks and bonds tumble as hawkish central banks dash pivot hopes
Stocks and bonds tumble as hawkish central banks dash pivot hopes
Source: Reuters
16/12/2022 8:53:22 AM
Designs by Alberto and Diego Giacometti, Design & Tiffany In continuation of Design Week at Christie's, three important auctions showcasing the finest in 20th and 21st Century artistry, design and craftsmanship: Designs by Alberto and Diego Giacometti, Design & Tiffany will take place. Designs by Alberto and Diego Giacometti - 10 AM Kicking off the day is a highly curated selection of furniture, lighting and object designs by the iconic and celebrated brothers Alberto and Diego Giacometti. In the Stampa valley of Switzerland at the tur...
Designs by Alberto and Diego Giacometti, Design & Tiffany
Designs by Alberto and Diego Giacometti, Design & Tiffany
Source: IANS
10/12/2022 3:01:01 PM
Marketmind: Hat-trick A look at the day ahead in European and global markets from Anshuman Daga While European shares ended lower for the third straight session on Tuesday, spooked by recession worries, another hat-trick dominated the World Cup a few hours later. Three goals by Portugal's 21-year-old Goncalo Ramos against Switzerland in his first World Cup sent his side through to the quarter-finals for the first time in 16 years. And a 3-0 shootout win by Morocco against former champions Spain meant tha...
Marketmind: Hat-trick
Marketmind: Hat-trick
Source: Reuters
7/12/2022 3:41:00 PM
Chief Minister Yogi Adityanath first UP CM to attend World Economic Forum meet in Davos  Uttar Pradesh Chief Minister Yogi Adityanath will be travelling to Davos city in Switzerland in January to attend the World Economic Forum (WEF) meet. Yogi Adityanath will be the first chief minister of UP to be attending the WEF meeting. A delegation of senior officials from the state industries department will accompany him. Invest UP, the state's investment promotion and facilitation agency, has been delegated the responsibility to make arrangements for the trip and take...
Chief Minister Yogi Adityanath first UP CM to attend World Economic Forum meet in Davos
Chief Minister Yogi Adityanath first UP CM to attend World Economic Forum meet in Davos
Source: IANS
2/12/2022 10:58:07 AM
FIFA World Cup: Casemiro's goal books last-16 spot for Brazil Casemiro struck his first World Cup goal with seven minutes remaining in the match to break Switzerland resistance and book Brazil's place in the Round of 16 here on Monday. Brazil didn't alight on any rhythm in a stuffy opening half, their only attempts coming from Vinicius Junior, whose scruffy contact in front of goal allowed Yann Sommer to save, and Raphinha, who struck a hard hit effort into Sommer's midriff. Richarlison, the two-goal hero against Serbia on Thursday, ne...
FIFA World Cup: Casemiro's goal books last-16 spot for Brazil
FIFA World Cup: Casemiro's goal books last-16 spot for Brazil
Source: IANS
29/11/2022 5:52:44 PM
IndiGo announces 19 new connecting flights to Portugal and Switzerland via Turkey With a view to enhance international connectivity, IndiGo announced the launch of connecting flights via Turkey to Portugal and Switzerland, through its codeshare partnership with Turkish Airlines. These new routes and frequencies, effective from November 23, will offer new options and more capacity for customers exploring travel between India and Europe in the upcoming holiday season. Vinay Malhotra, Head of Global Sales, IndiGo said: "We have witnessed a huge demand for travel fr...
IndiGo announces 19 new connecting flights to Portugal and Switzerland via Turkey
IndiGo announces 19 new connecting flights to Portugal and Switzerland via Turkey
Source: IANS
24/11/2022 9:50:36 AM
TCS inches up on the BSE Tata Consultancy Services is currently trading at Rs. 3164.95, up by 8.80 points or 0.28% from its previous closing of Rs. 3156.15 on the BSE. The scrip opened at Rs. 3156.15 and has touched a high and low of Rs. 3178.40 and Rs. 3147.05 respectively. So far 13624 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4045.50 on 18-Jan-2022 and a 52 week low of Rs. 2926.00 on 26-Sep-2022. Last one week high and low of t...
TCS inches up on the BSE
TCS inches up on the BSE
Source: Accord Fintech
28/10/2022 12:28:54 PM
Rouen Open:Maryna Zanevska captures WTA 125 Rouen championship Belgium's Maryna Zanevska defeated No. 5 seed Viktorija Golubic of Switzerland 7-6(6), 6-1 in 1 hour and 41 minutes in the final to win Rouen Open women's singles title and claim the first WTA 125 title of her career, here on Sunday. The No.7 seed Zanevska adds this crown to her WTA 250 title from 2021 Gdynia. "During all the week, I tried to keep myself strong and say 'No, Maryna, you are not tired, one more match, one more match'," Zanevska said after her win...
Rouen Open:Maryna Zanevska captures WTA 125 Rouen championship
Rouen Open:Maryna Zanevska captures WTA 125 Rouen championship
Source: IANS
24/10/2022 10:08:57 AM
Credit Suisse`s plummeting share price invites comparisons to 2008 global financial crisis Credit Suisse is at the centre of market turmoil amid rumours the bank could be on the brink of collapse, media reports said. Investors have rushed to sell the Zurich-based bank's shares amid concerns about its financial health as it prepares to unveil a costly restructuring plan due later this month, Al Jazeera reported. Speculation that the bank could fail has invoked comparisons with the 2008 collapse of US investment bank Lehman Brothers, which had precipitated the worst economi...
Credit Suisse`s plummeting share price invites comparisons to 2008 global financial crisis
Credit Suisse`s plummeting share price invites comparisons to 2008 global financial crisis
Source: IANS
6/10/2022 9:23:47 AM
India's Adani pledges shares of ACC, Ambuja Cements worth about $12.5 billion  India's Adani Group has pledged shares worth about $12.5 billion in two cement units, days after the conglomerate controlled by billionaire Gautam Adani completed purchase of stakes in those businesses from Switzerland's Holcim. The agreement will be in the form of a non-disposal undertaking, under which Adani will not be able to offload the shares until the lender agrees that the debt is paid. The encumbered shares of ACC and Ambuja were worth around 989.46 billion indian...
India's Adani pledges shares of ACC, Ambuja Cements worth about $12.5 billion
India's Adani pledges shares of ACC, Ambuja Cements worth about $12.5 billion
Source: Reuters
21/09/2022 10:56:54 AM
Stocks tense, dollar bullish for central bank binge Shares slipped in Asia on Monday and the dollar firmed as investors braced for a packed week of central bank meetings that are certain to see borrowing costs rise across the globe, with some risk of a super-sized hike in the United States. Markets are already fully priced for a rise in interest rates of 75 basis points from the Federal Reserve, with futures showing a 20% chance of a full percentage point. They also show a real chance rates could hit 4.5% as the Fed is forced to tip the ...
Stocks tense, dollar bullish for central bank binge
Stocks tense, dollar bullish for central bank binge
Source: Reuters
19/09/2022 8:41:42 AM
Wawrinka shown the door by Carreno Busta in Bastad tennis opening round Pablo Carreno Busta of Spain overcame 16-time tour-level titlist and winner of three Grand Slams, Stan Wawrinka of Switzerland, 7-5, 6-4 in the opening round of the Nordea Open -- an ATP 250 event -- here. The fifth-seeded Carreno Busta claimed a break in each set to prevail in a high-quality encounter against the former world No. 3, who showed flashes of his trademark groundstrokes in just his sixth tour-level tournament since missing 13 months with a foot injury. "It was a very t...
Wawrinka shown the door by Carreno Busta in Bastad tennis opening round
Wawrinka shown the door by Carreno Busta in Bastad tennis opening round
Source: IANS
12/07/2022 3:27:05 PM
Euro 2020: Spain overcome Switzerland on penalties, reach semis  Three-time European champions Spain needed to fight until the penalty shootout to see off 10-man Switzerland, reaching the Euro 2020 semifinals after a 4-2 verdict. The teams were tied 1-1 after regulation time on Friday and the extra time too didn't produce a result. But Spain finally wrapped it up by winning 3-1 on penalties, reports Xinhua. Spain led after eight minutes when Jordi Alba's low shot outside the box was deflected by Swiss midfielder Denis Zakaria's leg,...
Euro 2020: Spain overcome Switzerland on penalties, reach semis
Euro 2020: Spain overcome Switzerland on penalties, reach semis
Source: IANS
3/07/2021 11:17:44 AM
Swiss watch trader Chronext plans stock market listing, Sources say FRANKFURT - Switzerland's Chronext is preparing an initial public offering (IPO) that could value the online marketplace for new and pre-owned luxury watches at up to 1 billion euros ($1.2 billion), people close to the matter said. Luxury watch brands, which had long considered the market for second-hand watches as a potential threat to their business, have been shifting their stance in light of the insights it can provide on pricing and demand. Chronext's planned IPO in Zu...
Swiss watch trader Chronext plans stock market listing, Sources say
Swiss watch trader Chronext plans stock market listing, Sources say
Source: Reuters
18/05/2021 9:59:24 AM