Clipped from: https://www.thehindubusinessline.com/news/national/irctc-convenience-fee-railways-ministry-withdraws-decision/article37226230.ece?homepage=true IRCTC stock price showed wild swings on flip-flop In less than 24 hours of mandating IRCTC to share half of its convenience fee,
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CarTrade slips 7%, stock at new low on second straight quarterly loss | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/cartrade-tech-hits-new-low-on-net-loss-for-second-straight-quarter-121102900417_1.html For H1FY22, CarTrade Tech posted net loss of Rs 81.47 crore against a net profit of Rs 63.57 crore during the same period
Housing and realty sector heading into the best of times, says Deepak Parekh – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/housing-and-realty-sector-heading-into-the-best-of-times-says-deepak-parekh/article37232698.ece HDFC Chairman asks developers to focus on reputation and resolution The country’s housing and real estate sector is heading into the best of
Next unicorn in line! Home interiors platform LivSpace in talks with investors to raise $200 mn – BusinessToday
Clipped from: https://www.businesstoday.in/latest/corporate/story/next-unicorn-in-line-home-interiors-platform-livspace-in-talks-with-investors-to-raise-200-mn-310449-2021-10-26 With this, LivSpace’s valuation could rise 2x-3x to $1.5 billion from the current $500 million. LivSpace home decor Home décor and interiors platform
Chip shortage: What caused it and how will this impact you & industry? | Business Standard News
Clipped from: https://www.business-standard.com/podcast/current-affairs/chip-shortage-what-caused-it-and-how-will-this-impact-you-industry-121091300533_1.html In this podcast, we discussed why there is a semiconductor shortage and what are its impact Semiconductors, a term which has been dominating
Brick by Brick: The reason behind realty sector’s robust recovery and what’s ahead – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/brick-by-brick-the-reason-behind-realty-sectors-robust-recovery-whats-ahead/articleshow/86906060.cmsSynopsis Both residential and commercial property segments have staged a solid performance, helped by multiple factors. Analysts expect the housing market to see many
Demerger to give a push to both pharma and financial services: Ajay Piramal | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/demerger-to-give-a-push-to-both-pharma-and-financial-services-ajay-piramal-121100701127_1.html In a Q&A, the Chairman of Piramal Group talks about the prospects of both businesses, the rationale for the demerger and how supply
Solar module supplies: More local firms to gain from indigenisation policy – The Financial Express
Clipped from: https://www.financialexpress.com/industry/solar-module-supplies-more-local-firms-to-gain-from-indigenisation-policy/2346048/ The government had earlier mandated that all solar projects bid out after April 10 under Central government schemes will have to use equipment
Adani to triple solar power generation capacity in four years – The Financial Express
Clipped from: https://www.financialexpress.com/industry/adani-to-triple-solar-power-generation-capacity-in-four-years/2343629/ The overall investments, both organic and inorganic, across the entire green energy value chain would range between USD 50 and USD 70 billion.
Hospitality industry: It’s check out time: Hospitality industry players eyeing lucrative deals from distress sales of hotels – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/its-check-out-time-hospitality-industry-players-eyeing-lucrative-deals-from-distress-sales-of-hotels/articleshow/86720891.cms SynopsisHospitality industry players who want to expand their portfolio are watching keenly as they expect distressed companies to soon default on loans and
Why is India facing a coal shortage? – The Financial Express
Clipped from: https://www.financialexpress.com/industry/explainer-why-is-india-facing-a-coal-shortage/2342039/ India is the second largest importer, consumer and producer of coal, and has the world’s fourth largest reserves. It mainly imports from Indonesia,
reliance jio: Telecom department asks Vi, Airtel to pay ₹3,050 crore in penalties in 3 weeks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/telecom-department-asks-vi-airtel-to-pay-3050-crore-in-penalties-in-3-weeks/articleshow/86668590.cmsSynopsis The fines are for flouting licence conditions by denying Jio \adequate points of interconnection (PoIs) in 2016, which affected the quality of services.
Amazon writes to Piyush Goyal clarifying legal fees – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/amazon-writes-to-piyush-goyal-clarifying-legal-fees/articleshow/86640391.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “Last week some media outlets began reporting that Amazon’s India operations spent a combined Rs 8456 crore in “legal fees” During 2019 and
Poultry sector suffers ₹22,000-crore loss due to Covid-19 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/poultry-sector-suffers-22000-crore-loss-due-to-covid-19/article36718021.ece Need to tap export opportunity and improve infra: CLFMA of India Chairman The Covid-19 pandemic has hit the livestock sector in the country
Despite govt’s relief package, questions remain over Voda Idea’s survival | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/despite-govt-s-relief-package-questions-remain-over-voda-idea-s-survival-121092601052_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 As of now, there’s no clarity on whether the government stake would be limited to 26 per cent or if it could go
reliance inmobi deal: Reliance eyes stake in Glance InMobi in a $300-million deal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/reliance-eyes-stake-in-glance-inmobi-in-a-300-million-deal/articleshow/86556867.cmsSynopsis Reliance Industries is considering investing about $300 million in Glance InMobi backed by Google. Reliance’s investment could involve strategic cooperation along with the
Jio, Airtel gain subscribers in July, Voda Idea loses 14.3 lakh users: Trai data – BusinessToday
Clipped from: https://www.businesstoday.in/industry/telecom/story/jio-airtel-gain-subscribers-in-july-voda-idea-loses-143-lakh-users-trai-data-307459-2021-09-23 Reliance Jio’s market share in terms of wireless subscribers was the highest at 37.34 per cent in July, followed by Bharti Airtel at
Indiabulls Housing Finance repays NCDs worth over Rs 7,000 cr in Sept – BusinessToday
Clipped from: https://www.businesstoday.in/latest/corporate/story/indiabulls-housing-finance-repays-ncds-worth-over-rs-7000-cr-in-sept-307533-2021-09-24 The country’s second-largest housing finance company also said that the repayment of the public NCDs was done ahead of the scheduled repayment dates
China’s Evergrande Group bondholders in limbo over debt resolution | Business Standard News
Clipped from: https://www.business-standard.com/article/international/china-s-evergrande-group-bondholders-in-limbo-over-debt-resolution-121092400163_1.html The company has run short of cash to fund its $305 billion in debts and markets are worried that a collapse could pose
Telecom industry gets a timely lifeline – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/telecom-industry-gets-a-timely-lifeline/article36572968.ece?homepage=true The moratorium on spectrum usage charges will improve industry finances. But spectrum auctions need a rejig Recent announcements by the government in providing
