Clipped from: https://www.thehindubusinessline.com/companies/as-part-of-super-app-plan-tata-group-may-acquire-a-payment-firm/article35284829.ece?homepage=true Company seeks access to digital financial services market The next major acquisition by the Tata Group is likely to be in the fintech
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Is the sugar industry finally coming of age? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/is-the-sugar-industry-finally-coming-of-age/article35218956.ece?homepage=true For self-reliance Sugarcane pricing must be freed up for the sector become globally competitive – GOVARTHAN M For self-reliance Sugarcane pricing must be
Tyre exports rebound with 10% growth to cross ₹14 crore in FY21 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/tyre-exports-rebound-with-10-growth-to-cross-14-crore-in-fy21/article35212226.ece?homepage=true Industry credits govt’s sector-specific support for tiding over a tough pandemic year In one of the most robust export performances in the auto
Government suspends issuing export benefits under key schemes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/government-suspends-issuing-export-benefits-under-key-schemes/articleshow/84244260.cmsSynopsis The Directorate General of Foreign Trade (DGFT) said that benefits under the Merchandise Exports from India Scheme, Service Export from India Scheme, Rebate
Smartphone makers ask Indian retailers to brace for supply shortage – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/smartphone-makers-ask-indian-retailers-to-brace-for-supply-shortage/articleshow/84237993.cmsSynopsis The global chip and component shortage has intensified, affecting supplies of smartphones, laptops, smart televisions and internet-connected appliances in India once again after
Losses to continue for few years but e-grocers playing for big profits – The Financial Express
Clipped from: https://www.financialexpress.com/industry/losses-to-continue-for-few-years-but-e-grocers-playing-for-big-profits/2283799/ Goldman Sachs expects grocery to be the biggest driver of incremental gowth, with a 44% contribution to incremental e-commerce gross merchandise value (GMV)
Tata Motors to remain sharply focused on high-growth segments of the market | Business Standard News
Clipped from: https://www.business-standard.com/article/automobile/tata-motors-to-remain-sharply-focused-on-high-growth-segments-of-the-market-121070400579_1.html Encouraged by turnaround in passenger vehicle business in terms of volumes, market share and brand recall, the firm is no longer in a
Will raise funds soon, says Vodafone-Idea’s Managing Director Ravinder Takkar – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/will-raise-funds-soon-says-vodafone-ideas-managing-director-ravinder-takkar/articleshow/84084488.cmsSynopsis Vi has already paid Rs 7,854 crore to the Department of Telecommunications (DoT) and has to pay Rs 9,000 crore in March 2022,
Debt-laden Vodafone Idea breaches the loan covenants with lenders | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/debt-laden-vodafone-idea-breaches-the-loan-covenants-with-lenders-121070300067_1.html Lenders want telco to put more skin in the game For the financial year ended March 2021, the company announced a negative net
Investors unwilling to invest in telco untill industry health improves: Voda Idea to DoT – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/investors-unwilling-to-invest-in-telco-untill-industry-health-improves-voda-idea-to-dot/articleshow/84017742.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In a letter to the Department of Telecommunications (DoT) dated June 25, the mobile phone company said that due to the adjusted gross
Auditor doubts Voda Idea’s ability to remain a ‘going concern’; analysts see 48% drop in stock – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/auditor-doubts-voda-ideas-ability-to-remain-a-going-concern-analysts-see-48-drop-in-stock/articleshow/84010793.cmsSynopsis The streak of losses made the auditor of the telecom operator raise concerns over the telco’s ability to remain a ‘going concern’. Analysts
Thyrocare deal: PharmEasy founders out to build Amazon of health care | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/thyrocare-deal-pharmeasy-founders-out-to-build-amazon-of-health-care-121062700900_1.html Of the three healthcare baskets that PharmEasy is targeting, it has already created a significant presence in consultation and treatment (From left) PharmEasy
Tyre industry seeks raw material partners to unleash growth | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tyre-industry-seeks-raw-material-partners-to-unleash-growth-121062600628_1.html India’s tyre sector is seeking effective collaboration with raw material partners to harness its potential, industry body Automotive Tyre Manufacturers Association (ATMA) said.
Online pharmacy PharmEasy on Friday announced it will acquire a controlling stake in diagnostic chain Thyrocare for Rs 4,546 crore.
Clipped from: https://www.financialexpress.com/industry/sme/pharmeasy-to-acquire-controlling-stake-in-diagnostic-chain-thyrocare-in-deal-worth-rs-4546-crore/2278746/ The transaction, which is significant because an entrenched player is getting acquired by a start-up, will also see a subsidiary of API making
Banning old vehicles is retrograde: Vehicle’s fitness, not age, should be the criteria for scrapping – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/banning-old-vehicles-is-retrograde-vehicles-fitness-not-age-should-be-the-criteria-for-scrapping/2277931/ Instead of a vehicle’s age, let’s use fitness as the criterion for determining whether it’s allowed to ply on the roads or not
Online pharmacy PharmEasy on Friday announced it will acquire a controlling stake in diagnostic chain Thyrocare for Rs 4,546 crore.
lipped from: https://www.financialexpress.com/industry/sme/pharmeasy-to-acquire-controlling-stake-in-diagnostic-chain-thyrocare-in-deal-worth-rs-4546-crore/2278746/ The transaction, which is significant because an entrenched player is getting acquired by a start-up, will also see a subsidiary of API making
Walmart’s Flipkart tells court it offers lower fee if sellers cut prices | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/walmart-s-flipkart-tells-court-it-offers-lower-fee-if-sellers-cut-prices-121062200046_1.html Flipkart and Amazon are in a court battle against the CCI bid to restart an investigation into their business practices, after a judge
The many ways of improving audit quality – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-many-ways-of-improving-audit-quality/article34892499.ece Regulators and auditors must be on the same page to protect the interests of investors. Boards too must be held to account Where
With the lifting of lockdown restrictions, bicycle sales set to grow by 20 per cent – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/with-the-lifting-of-lockdown-restrictions-bicycle-sales-set-to-grow-by-20-per-cent/article34865219.ece?homepage=true Sales likely to touch 1.45 crore units in FY22: CRISIL Bicycle sales, which has seen a significant contraction in sales in the first
Paytm to raise Rs 12,000 cr via fresh equity, remove Sharma’s promoter tag | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/paytm-to-raise-rs-12-000-cr-via-fresh-equity-remove-sharma-s-promoter-tag-121061800780_1.htmlThe company in its extra-ordinary general meeting also stated that the IPO will include a fresh issue of equity shares and an offer for
