Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/adani-groups-market-cap-plunges-16-lakh-cr/article34852890.ece Analysts see the current rout as a temporary slide A week of turbulence eroded ₹1.6 lakh crore in market value for the six
Category: To be deleted
Gautam Adani loses $9 bn in three days in worst wealth rout | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/gautam-adani-loses-9-bn-in-three-days-in-worst-wealth-rout-121061700936_1.html The 58-year-old tycoon lost more money this week than anyone else in the world, with his personal fortune tumbling by about $9 billion
Paytm has $500 mn ready cash, IPO timed to expand lead in fintech: Sources | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/paytm-has-500-mn-ready-cash-ipo-timed-to-expand-lead-in-fintech-sources-121060801301_1.html IPO will foster public and institutional investors’ trust, and seal the company’s position as India’s largest fintech player Photo: Shutterstock IPO-bound Paytm has $500 million
Paytm IPO: Loss making, but IPO bound! When can Paytm deliver profit? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/ipos/fpos/so-when-is-ipo-bound-paytm-likely-to-turn-profitable/articleshow/83007553.cmsSynopsis It is very likely that the Berkshire Hathaway-backed company will be a loss-making entity when the subscription window for the IPO opens for
Paytm eyes $3-billion IPO – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/paytm-targets-3-billion-ipo-in-late-2020/article34656086.ece?homepage=true Kickstarts work on India’s largest-ever listing, expected towards end 2021 Fintech platform Paytm, backed by Japan’s SoftBank Group Corp and China’s Ant Group
Warehousing industry needs a makeover – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/warehousing-industry-needs-a-makeover/article34608162.ece?homepage=true To stem the wastage of harvested crop, warehouses need to scale up capacity, modernise and be manned by skilled personnel Foodgrains production in
Safeguard infra projects from cost overruns – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/safeguard-infra-projects-from-cost-overruns/article34607926.ece?homepage=true Spikes in steel and cement prices can derail projects. Policies that promote the use of alternative inputs will help lower costs Several steps
PhonePe to acquire Indus OS in all-cash deal worth $60 m – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/info-tech/phonepe-to-acquire-indus-os-in-all-cash-deal-worth-60-m/article34599672.ece?homepage=true The digital payment service PhonePe – Bloomberg The digital payment service PhonePe – Bloomberg× This is the digital payment platform’s second acquisition after
Your Money: How health insurance can use data from wearables – The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/your-money-how-health-insurance-can-use-data-from-wearables/2254408/ This has also led to increase in demand of wearables and health apps. As per research firm IDC, the wearables market in India
Tata Motors shares: Many reasons for Tata Motors stock to shine despite loss – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/many-reasons-for-tata-motors-stock-to-shine-despite-loss/articleshow/82755997.cmsSynopsis Tata Motors, India’s biggest automotive group, may have logged losses but they fail to reflect the robust operating performance at the maker of
Tata Motors loss down to ₹7,605 cr in Q4; revenue growth up 42% – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/companies/tata-motors-loss-down-to-7605-cr-in-q4-revenue-growth-up-42/article34589620.ece JLR write-downs put brakes on bottomline Asset write-downs in Jaguar Land Rover weighed heavily on Tata Motors which reported a consolidated loss of
Stabilising ultra mega coal plant remains a major concern for Tata Power | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/stabilising-ultra-mega-coal-plant-remains-a-major-concern-for-tata-power-121051600834_1.html This at a time when the company is focusing on renewable energy The 4,000 Mw Mundra, Gujarat-based CGPL, is one of several “ultra
Movers & Shakers: Stocks that will see action this week – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/technical-analysis/movers-shakers-stocks-that-will-see-action-this-week/article34568867.ece Asian Paints (₹2,774.5) Breaks out of consolidation path The stock of Asian Paints looked weak since the beginning of 2021, i.e., it has
PLI: A stitch in time? Why the Govt needs to iron out the issues in PLI scheme for textiles – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/a-stitch-in-time-why-the-govt-needs-to-iron-out-the-issues-in-pli-scheme-for-textiles/articleshow/82474956.cmsSynopsis Textile sector has been identified as thrust the sector amongst the selected 13 sectors for which the Production Linked Incentive scheme (PLI) scheme
Reliance Industries may renegotiate Future group valuation: Bankers | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/reliance-industries-may-renegotiate-future-group-valuation-bankers-121050800056_1.html FRL sales to drop by 71% in FY21 owing to pandemic impact; sales in FY22 to remain about 30% lower than in FY20,
Parekh brings Infosys back to a position where it is bagging large deals | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/parekh-brings-infosys-back-to-a-position-where-it-is-bagging-large-deals-121050501345_1.html Analysts across the segment agree that Parekh’s presence and focus on recharging the company has worked Salil Parekh, CEO of Infosys It has
Despite rangebound performance, FPI shareholding in RIL hits record 24.9% in March 2021 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/despite-rangebound-performance-fpi-shareholding-in-ril-hits-record-24-9-in-march-2021/articleshow/82391667.cms SynopsisMajor factors that make RIL attractive to FPIs include the rising contribution of consumer facing businesses to the revenue, a balance sheet with
Blind optimism on GDP growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/blind-optimism-on-gdp-growth/article34481786.ece The projected 10.5% GDP growth for this year seems far-fetched, as the Covid second wave is bound hit the economy hard The severity,
API supply concerns from China fuel Alembic Pharma’s global prospects – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/api-supply-concerns-from-china-fuel-alembic-pharmas-global-prospects/article34481925.ece Company’s segment revenues surge 35% during the year The Covid-led supply disruptions of Active Pharmaceutical Ingredients (API) from China last year has proved
Pricing pressure in US market to impact margins of pharma companies | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/pricing-pressure-in-us-market-to-impact-margins-of-pharma-companies-121050401041_1.html Lack of new launches due to inspection delays, intensifying competition key headwinds Representational image The margins of Indian generic drug makers could be
