Clipped from: https://www.business-standard.com/article/companies/no-prima-facie-evidence-with-cci-and-hc-order-for-probe-flipkart-tells-sc-121072701586_1.html Karnataka HC last week upheld a single-judge order dismissing Amazon and Flipkart pleas challenging a probe initiated by CCI for alleged competition law
Category: Company Specific News
Signals of revival | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/signals-of-revival-121072600009_1.html Telecom sector faces the risks of a duopoly The Supreme Court verdict dismissing the petition of telecom companies regarding the adjusted gross revenue (AGR) calculation
Despite SC verdict on AGR dues, Airtel, Voda Idea look good on charts | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/despite-sc-verdict-on-agr-dues-airtel-voda-idea-look-good-on-charts-121072300412_1.html While the Street has given a thumbs down to the development, technical charts suggest a completely different picture. MTNL has the best chart
After blockbuster listing, what should you do with Zomato stock? | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/after-blockbuster-listing-what-should-you-do-with-zomato-stock-121072300395_1.html Zomato IPO has opened the doors for new-age tech businesses to tap primary markets. Paytm, PolicyBazaar and Mobikiwik are some other names gearing
SC: Telecos tried to recalculate AGR under guise of correcting ‘arithmetical errors’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/sc-telecos-tried-to-recalculate-agr-under-guise-of-correcting-arithmetical-errors/article35509591.ece?homepage=true The court said this was not the first time the companies had tried to alter the dues The Supreme Court said what major
Good luck to Zomato, I am not buying it: Rakesh Jhunjhunwala – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/good-luck-to-zomato-i-am-not-buying-it-rakesh-jhunjhunwala/articleshow/84704577.cmsSynopsis “What I buy is very important, at what price I buy is the most important. Let Zomato be worth Rs 99,000 crore and
Avoid aggressive buys in richly-valued companies like Zomato: Analysts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/avoid-aggressive-buys-in-richly-valued-co/articleshow/84691807.cmsSynopsis While the stock could extend the opening day gains in the coming days, thanks to appetite from institutional investors, higher valuations make it
Vodafone Idea’s future hinges on relief from government, say analysts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/vodafone-ideas-future-hinges-on-relief-from-government-say-analysts/articleshow/84696885.cmsSynopsis Without funding, Vi may “find it a challenge to meet its immediate Rs 24,000 crore-plus payment obligation (by April next), and if all
ICICI Bank’s Q1 net rises 78% to Rs 4,616 cr as provisions fall sharply | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/icici-bank-s-q1-net-profit-soars-78-to-rs-4-616-crore-121072400741_1.html The lender’s net interest income (NII) rose 18 per cent to Rs 10,936 crore in the June quarter Photo: Shutterstock Private lender ICICI Bank on
Why Tata Motors is stock pick of the week despite current underperformance – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/why-tata-motors-is-stock-pick-of-the-week-despite-current-underperformance/articleshow/84496576.cms SynopsisTata Motors plans to bring down its net debt to near zero by 2023-24, from around Rs 41,000 crore now. Retail demand also
What is true value of Zomato shares? Aswath Damodaran pegs it at Rs 41 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/what-is-true-value-of-zomato-shares-aswath-damodaran-says-rs-41-apiece/articleshow/84668537.cmsSynopsis Valuation guru Aswath Damodaran believes the shares of the company are not worth more than Rs 41 a piece–a sharp discount of about
Future Group taking contrary positions after deal, Amazon tells Supreme Court – The Financial Express
Clipped from: https://www.financialexpress.com/industry/future-group-taking-contrary-positions-after-deal-amazon-tells-supreme-court/2295864/ Future Group has been instrumental in deciding the key terms and conditions of the deal, which included a provision for an emergency arbitrator.
ICICI Bank Q1 preview: Net profit may nearly double YoY on lower provisions | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/icici-bank-q1-preview-net-profit-may-nearly-double-yoy-on-lower-provisions-121072300153_1.html ICICI Bank Q1 preview: Analysts, across-the-board, remain bullish on the lender’s bottom line figure and expect the profit after tax (PAT) to grow
Cash-strapped Vodafone Idea gets nod for FDI up to Rs 15,000 crore | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/cash-strapped-vodafone-idea-gets-nod-for-fdi-up-to-rs-15-000-crore-121072300010_1.html Fund-raise set to help cash-strapped telco cut debt and pay AGR dues Vodafone Idea shares ended the day 2.8 per cent higher at
CCI issues notice to Amazon for suppression of facts – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/cci-issues-notice-to-amazon-for-suppression-of-facts/article35475920.ece The Competition Commission of India has slapped a show-cause notice against Amazon in relation to its investment in Kishore Biyani-led Future Coupon Private
Govt OKs up to Rs 15,000 crore FDI investment proposal from Voda Idea – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-policy/govt-oks-up-to-rs-15000-crore-fdi-investment-proposal-from-voda-idea/articleshow/84637956.cmsSynopsis “When the fund-raising announcement was made, the Board said that the maximum capital to be raised from one source was Rs 15,000 crore
zomato IPO: View: Why I didn’t invest in the Zomato IPO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/why-i-didnt-invest-in-the-zomato-ipo/articleshow/84531384.cmsSynopsis Zomato IPO was priced at 26 times its annual revenue, Uber’s 8 times and Just Eat’s 10 times, possibly making the former the
SC reserves order on Airtel, Voda-Idea plea – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/sc-reserves-order-on-airtel-voda-idea-plea/article35413043.ece Telecom majors say that they have paid more than their expected instalment The Supreme Court, on Monday, reserved orders on pleas made by
IDBI Bank stake sale: Government to first gauge investor response to IDBI stake sale – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/govt-to-first-gauge-investor-response-to-idbi-stake-sale/articleshow/84537794.cmsSynopsis The response and challenges will be assessed and, based on that, a strategy will be formulated for future privatisation in the financial sector,
Paytm IPO: Paytm’s future growth depends on financial services – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/paytms-future-growth-depends-on-financial-services/articleshow/84546318.cmsSECTIONSPaytm’s future growth depends on financial servicesLast Updated: Jul 19, 2021, 03:12 PM ISTSynopsis “Paytm is clearly at a point where it has established
