lipped from: https://www.thehindubusinessline.com/opinion/editorial/its-prospects-hit-by-global-headwinds/article66263823.ece IT companies should use the period of slowdown to reskill employees and invest for the long term In the past, companies have used
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Global slowdown weighs on two-wheeler exports: SIAM – The Hindu BusinessLine*
Clipped from: https://www.thehindubusinessline.com/companies/global-slowdown-weighs-on-two-wheeler-exports-siam/article66263251.ece Major exporters such as Bajaj Auto, Hero MotoCorp, HMSI and TVS Motor Company, all have reported decline in sales The global slowdown has
India paid a record $28 bn for importing 131.92 mt coal in H1 FY23 – The Hindu BusinessLine*****
Clipped from: https://www.thehindubusinessline.com/markets/commodities/india-paid-a-record-28-b-for-importing-13192-mt-coal-in-h1-fy23/article66255444.ece The high value of imports was on account of surging international coal prices largely due to the Russia-Ukraine conflict and a weakening India
New norms put brakes on EV firms, battery companies – The Economic Times*
Clipped from: https://economictimes.indiatimes.com/tech/technology/new-norms-put-brakes-on-ev-firms-battery-companies/articleshow/96154863.cms Synopsis The Ministry of Road Transport and Highways recently amended the AIS156 norms, a stringent testing and certification standard, to ensure better safety
Paytm can’t use IPO proceeds for buyback; co’s liquidity to be used: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/paytm-can-t-use-ipo-proceeds-for-buyback-co-s-strong-liquidity-to-be-used-122121100201_1.html One 97 Communications Ltd cannot use proceeds of its mega initial public offering (IPO) for the proposed repurchase of its own shares, as
Drug, medical services firm PharmEasy may lay off hundreds of employees | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/drug-medical-services-firm-pharmeasy-may-lay-off-hundreds-of-employees-122120901263_1.html The company has a total workforce of about 1500 Indian drug and medical services firm PharmEasy may lay off hundreds of employees, according to sources.
November records highest auto retail sales at 23.80 lakh units – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/november-records-highest-auto-retail-sales-at-2380465-units-clocking-26-growth/article66242044.ece China lockdown may slow down supply of semi-conductors, says FADA The auto industry in November has clocked the highest retail sales in history
Automobile retail sales soar to record high in November: FADA – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/companies/automobile-retail-sales-soar-to-record-high-in-november-fada/article66242109.ece The sales were aided by robust registrations across segments including passenger vehicles, two-wheelers and commercial vehicles Automobile retail sales in India clocked best-ever
SBI’s personal loans portfolio crosses ₹5 lakh cr mark
SBI’s personal loans portfolio crosses ₹5 lakh cr mark: https://www.thehindubusinessline.com/money-and-banking/sbis-personal-loans-portfolio-crosses-5-lakh-cr-mark/article66226033.ece SBI had reached ₹1 lakh crore mark in personal banking advances in January 2015, followed
Indian footwear makers plan strategies to counter China, Vietnam race
Indian footwear makers plan strategies to counter China, Vietnam race: https://www.thehindubusinessline.com/economy/indian-footwear-makers-plan-strategies-to-counter-china-vietnam-race/article66238425.ece China and Vietnam control 75 per cent of the world’s footwear market and these
Despite improved availability of chips, normalcy in auto production expected only after 2-3 quarters. –Courtesy BusinessLine
Despite improved availability of chips, normalcy in auto production expected only after 2-3 quarters: https://www.thehindubusinessline.com/companies/despite-improved-availability-of-chips-normalcy-in-auto-production-expected-only-after-2-3-quarters/article66213743.ece
Byju’s seeks easier terms on $1.2 bn loan as it struggles with losses | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/byju-s-seeking-easier-terms-on-1-2-bn-loan-as-it-struggles-with-losses-122120700648_1.html Byju’s, valued at $22 billion, has appointed an adviser to discuss tweaks in covenants of the term loan B with creditors Indian online-education
ICICI BANK Rating: Buy | Customer 360 is the mantra for growth | The Financial Express
Clipped from: https://www.financialexpress.com/market/icici-bank-rating-buy-customer-360-is-the-mantra-for-growth/2901743/ ‘One-bank, one-RoE’ was the biggest takeaway from the analyst meet As per the CEO, macro tailwinds provide the best-in-37-years opportunity to Indian banks.
Shriram Transport Finance Company Limited: Merger-bound Shriram Fin to emerge as second largest retail NBFC: KIE – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/merger-bound-shriram-finance-to-emerge-as-second-largest-retail-nbfc-kotak-institutional-equities/articleshow/95959285.cms Synopsis Shriram Capital Limited (SCL), the holding company of the Shriram Group, and Shriram City Union Finance are being merged with Shriram Transport
