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Showing posts from September, 2022

Cryptocurrency Prices Today October 01: Bitcoin marginally up, Dogecoin lags behind

The price of Bitcoin is currently Rs 16.49 lakh, with a dominance of 39.51 percent. This was a 0.10 percent increase over the day from Moneycontrol Business News https://ift.tt/bPBiVGn

When should you bottom-fish in a market where the end game is still unclear?

While the Indian market is gyrating, a meaningful correction should be an opportunity for long-term investors from Moneycontrol Business News https://ift.tt/cdJymei

YouTube Shorts is sharing ad revenue. Will that mean more money for creators?

For content creators, a share of ad sales is not just an opportunity to grow, but also a way of earning a stable income without having to depend on branded content. from Moneycontrol Business News https://ift.tt/iO5E6Z3

Dealmakers eye China divestments, rise of India and Southeast Asia as MA pipeline shrinks

Merger and acquisition (MA) transaction values involving China plunged by 35% year-on-year to $266 billion in the first nine months of the year, to the lowest level since 2013, Refinitiv data showed, though it remained Asia#39;s largest deals market. from Moneycontrol Business News https://ift.tt/UjLas1F

Rothschild plans to hire seven bankers in India before year-end

The firm, which currently has 18 staff in the country, is looking to hire from analyst to vice president levels across sectors such as health care and technology, according to Aalok Shah, managing director for India. from Moneycontrol Business News https://ift.tt/mxb4OiH

When should you consider bottom-fishing in a market where the end game is still not clear

While the Indian market is gyrating, a meaningful correction should be an opportunity for long-term investors from Moneycontrol Business News https://ift.tt/rXEG6VU

US watchdog sniffs Lupin#39;s Tarapur facility, growls

The company said it will address the concerns raised by the watchdog and the news will not impact its revenue. from Moneycontrol Business News https://ift.tt/9dLWqZY

Instagram permanently removes Pornhub’s account

Pornhub has contested the removal of its account in an open letter that says "Instagram’s enforcement of these platform rules are opaque, discriminatory, and hypocritical". from Moneycontrol Business News https://www.moneycontrol.com/news/business/instagram-permanently-removes-pornhub’s-account_16638181.html

Jaypee Homebuyers news: तारीख पे तारीख... जेपी के होमबायर्स को 12 साल से है फ्लैट्स का इंतजार

जेपी ग्रुप (Japee Group) के प्रोजेक्ट्स में फ्लैट बुक कराने वालों की मुश्किलें कम होने का नाम नहीं ले रही हैं। ग्रुप की फ्लैगशिप कंपनी पर भी इनसॉल्वेंसी में जाने का खतरा मंडरा रहा है। जेपी इन्फ्राटेक (Japee Infratech) पहले से ही इनसॉल्वेंसी से गुजर रही है। इसके होमबायर्स को 12 साल से फ्लैट्स का इंतजार है। from प्रॉपर्टी समाचार, रियल एस्टेट खबरें, Real Estate India, Property News https://ift.tt/IRUCEyS

Morning Scan: All the big stories to get you started for the day

A round-up of the biggest articles from newspapers from Moneycontrol Business News https://ift.tt/ELO4Gf9

Property Sale: मकान खरीदने का सही मौका, कहीं बुकिंग पर मिल रहा है फ्री में ई-स्कूटर तो कहीं फ्री में कार पार्किंग

दिल्ली एनसीआर (Delhi NCR) के एक डिजिटल रियल एस्टेट प्लेटफार्म ने मेगा होम उत्‍सव 2022 की शुरूआत की है। इसमें देश के 22 से भी ज्यादा शहरों के 300 से भी ज्यादा डेवलपर्स शामिल हो रहे हैं। इसमें डेवलपर्स की तरफ से ग्राहकों को तरह तरह की छूट और ऑफर्स (Offer on Flats) के जरिए लुभाया जा रहा है। from प्रॉपर्टी समाचार, रियल एस्टेट खबरें, Real Estate India, Property News https://ift.tt/iVw31pO

World’s biggest Air-Conditioner maker doubles down on India

“The market has a huge potential,” said Kanwal Jeet Jawa, chief executive officer of Daikin’s India operations. “We see India as a market, post-Covid recovery, as the best among all the other markets in the world.” from Moneycontrol Business News https://www.moneycontrol.com/news/business/world’s-biggest-air-conditioner-maker-doubles-downindia_16637221.html

Noida property news: जेपी ग्रीन्स, जेपी विशटाउन और जेपी ग्रीन स्पोर्ट्स सिटी... बढ़ सकती है हजारों होमबायर्स की मुश्किल, जानिए क्या है वजह

जयप्रकाश एसोसिएट्स लिमिटेड (Jaiprakash Associated Ltd) पर 27 हजार करोड़ रुपये का कर्ज है। स्टेट बैंक ऑफ इंडिया (SBI) ने जेपी ग्रुप की इस फ्लैगशिप कंपनी को एनसीएलटी (NCLT) में घसीटा है। इससे जेपी ग्रीन्स, जेपी विशटाउन और जेपी ग्रीन स्पोर्ट्स सिटी जैसे प्रोजेक्ट्स में फ्लैट्स बुक कराने वाले हजारों होमबायर्स की मुश्किल बढ़ सकती है। from प्रॉपर्टी समाचार, रियल एस्टेट खबरें, Real Estate India, Property News https://ift.tt/kPM8mAF

MC Explains: What the RBI can do to rein in rupee’s depreciation

If the RBI wants to counter rupee depreciation, it should continue to improve macroeconomic fundamentals and take measures to increase capital flows into the country from Moneycontrol Business News https://www.moneycontrol.com/news/business/mc-explains-whatrbi-can-do-to-reinrupee’s-depreciation_16636251.html

IHH Healthcare in discussions with Indian authorities over stalled open offer in Fortis Healthcare

The Supreme Court had last week ordered a forensic audit of the share sale of Fortis Healthcare to IHH Healthcare executed in 2018, in a contempt case filed by Japanese firm Daiichi Sankyo Company Ltd against the former promoters of Fortis, Singh brothers -- Malvinder and Shivinder, and others. from Moneycontrol Business News https://ift.tt/EdI7TzB

Jaguar Land Rover to train 29,000 staff to work on electric cars

The British company said it would train 29,000 of its own employees as well as workers in franchised dealerships. A majority of the company’s retail technicians will be taught to repair and service electric vehicles during this financial year, JLR said in a statement Wednesday, adding that almost 10,000 of the workers are in the UK. from Moneycontrol Business News https://ift.tt/aFqckpw

BHEL bags 2x660 MW thermal power project from NTPC

The project is to be constructed on an Engineering, Procurement and Construction (EPC) basis, Bharat Heavy Electricals Limited (BHEL) said in a statement. from Moneycontrol Business News https://ift.tt/7ai4Rf3

Tata Motors set to launch Tiago#39;s EV variant tomorrow

Tata Motors is all set to launch its popular hatchback Tata Tiago#39;s EV avatar tomorrow, here#39;s all you need to know about the car ahead of its launch. from Moneycontrol Business News https://ift.tt/Oj7tbVc

Tata Motors set to launch Tiago#39;s EV variant tomorrow

Tata Motors is all set to launch its popular hatchback Tata Tiago#39;s EV avatar tomorrow, here#39;s all you need to know about the car ahead of its launch. from Moneycontrol Business News https://ift.tt/jUH5MuK

SII#39;s Adar Poonawalla makes clarion call for global certification of vaccines

Making this clarion call at the Forbes Global CEO Conference in Singapore on Monday, Poonawalla said I#39;m proposing it (such a certification treaty)." from Moneycontrol Business News https://ift.tt/I26JUsj

India’s economy will grow to $30 trillion: Gautam Adani’s keynote address at Forbes Global CEO Conference 2022

Out of the $100 billion capital commitment over the next decade, Gautam Adani is promising to invest up to 70 percent in energy transition. He adds that one day, India could become a net energy exporter from Moneycontrol Business News https://www.moneycontrol.com/news/business/india’s-economy-will-grow-to-3630-trillion-gautam-adani’s-keynote-address-at-forbes-global-ceo-conference-2022_16635881.html

BPCL to incur gross marketing losses in current fiscal: Fitch

The rating agency affirmed #39;BBB-#39; rating on BPCL with stable outlook. from Moneycontrol Business News https://ift.tt/e8uyWb7

ONGC gets better price for oil under new rules: Sources

ONGC, the country#39;s top oil explorer, accepted bids at that level through auction of light sweet oil from its western offshore field, including supplies from the country#39;s flagship Mumbai High fields, they said. from Moneycontrol Business News https://ift.tt/xOc5rGs

Brewer AB-In-Busch looks beyond beer, plans to enter new alcobev segments

AB-In Bev, the brewer behind popular beers such as Corona and Budweiser, is looking to enter the spirits market in India from Moneycontrol Business News https://ift.tt/85JudpY

Apple #39;excited#39; to be manufacturing iPhone 14 in India

Cupertino, California-headquartered Apple started manufacturing iPhones in India in 2017 with iPhone SE. Today, Apple manufactures some of its most advanced iPhones in the country including iPhone SE, iPhone 12, iPhone 13 and, now, iPhone 14. from Moneycontrol Business News https://ift.tt/KBwedLC

MC Insider: Buybacks with ulterior motives, headhunt for MA chief, execs poached by PE, loans for bathroom, and more

NULL from Moneycontrol Business News https://ift.tt/kRujyIz

Apple now manufacturing iPhone 14 in India

Cupertino, California-headquartered Apple started manufacturing iPhones in India in 2017 with iPhone SE. Today, Apple manufactures some of its most advanced iPhones in the country including iPhone SE, iPhone 12, iPhone 13 and, now, iPhone 14. from Moneycontrol Business News https://ift.tt/Zyqk7Qe

Natural gas price to rise to record level this week

"The government has set up a committee to review the formula for pricing of domestically produced natural gas. It can for all practical reasons not revise prices on October 1, citing the pendency of issues before the committee," a source said. from Moneycontrol Business News https://ift.tt/n1SRmfE

Meesho records 80% jump in sale with 88 lakh orders on day 1 of festive season sale

The company said that it has received orders from deep corners of the country such as Jamnagar, Alappuzha, Chhindwara, Davengere, Hassan, Gopalganj, Guwahati, Siwan, Thanjavur and Ambikapur. from Moneycontrol Business News https://ift.tt/fUO3wgV

Creditor cooperation a must for Sri Lanka IMF programme: Sri Lankan Government

At an online engagement with the creditors, the government on Friday said that assurances from bilateral creditors are required as a prerequisite to the IMF board adoption of the programme. from Moneycontrol Business News https://ift.tt/6vrxfdz

Byju#39;s pays $234 million to Blackstone related to Aakash deal - Report

Byju#39;s has paid 19 billion rupees ($234 million) to Blackstone Inc, the payment made on Thursday was for a stake of about 38% owned by Blackstone in the learning center chain Aakash. from Moneycontrol Business News https://ift.tt/zBMHgxq

Tata Sons may offer Air India stake to Singapore Airlines for merger with Vistara

The stake offer has been accepted “in-principal” by Singapore Airlines, which holds a 49 percent share in Vistara parent Tata SIA Airlines from Moneycontrol Business News https://ift.tt/YvBnEVz

Citigroup sets India as high priority market amid China risks

India presents “very clear” opportunities, said Manolo Falco, the global co-head of Banking, Capital markets and Advisory, in an interview in Mumbai. The New York-based lender expects initial public offerings in India to pick up next year as well as inbound deals in renewable energy and infrastructure, he said. from Moneycontrol Business News https://ift.tt/Ibd1N9R

Citigroup sets India as high priority market amid China risks

India presents “very clear” opportunities, said Manolo Falco, the global co-head of Banking, Capital markets and Advisory, in an interview in Mumbai. The New York-based lender expects initial public offerings in India to pick up next year as well as inbound deals in renewable energy and infrastructure, he said. from Moneycontrol Business News https://ift.tt/83EqMvl

Glenmark Pharma gets approval from Health Canada for nasal spray Ryaltris

Health Canada granted approval to partner Bausch Health Companies Inc and Glenmark Specialty SA, a subsidiary of the company, for Ryaltris (olopatadine hydrochloride and mometasone furoate nasal spray), Glenmark Pharmaceuticals said in a statement. from Moneycontrol Business News https://ift.tt/a1uF5rw

Centre#39;s attempt to corporatise power, agriculture sectors will be disastrous: K T Rama Rao

Speaking to reporters in Siricilla on Thursday, he said if the Electricity (Amendment) Bill brought in by the Central government turns into an Act, farmers would lose free power, Scheduled Caste members, Scheduled Tribe persons, poultry farmers, washermen, barbers, weavers, and others will have to bid goodbye to power subsidies. from Moneycontrol Business News https://ift.tt/d4RNlnW

Indian Oil plans Panipat refinery maintenance, to revamp naphtha cracker: Sources

The country#39;s top refiner will shut the naphtha cracker at its Panipat plant from Monday for a revamp aimed at raising its ethylene production capacity, the sources familiar with the plan said. from Moneycontrol Business News https://ift.tt/1bNanmU

IGGL achieves 42.94% physical progress, Rs 1556.46 crore capital expenditure

IGGL Chairman Atindra Roychoudhury said this while addressing the fourth annual general meeting. from Moneycontrol Business News https://ift.tt/DHwvUVf

How a looming oil ban could devastate a small Italian city

Ever since the EU agreed to ban most imports of crude oil from Russia because of its invasion of Ukraine, the future of this refinery — the largest in Italy — has been thrown into doubt from Moneycontrol Business News https://ift.tt/82HRbiw

World’s second-biggest fortune fails to halt rout in Adani bonds

Stocks of firms in his Indian business empire -- spanning ports to gas distribution and coal mining -- have jumped in part on soaring energy prices. from Moneycontrol Business News https://www.moneycontrol.com/news/business/world’s-second-biggest-fortune-fails-to-halt-routadani-bonds_16630741.html

Ford India revises final severance package to employees

Accordingly, the company would revise the final severance settlement to an average equivalent of 140 days of gross wages per completed year of service from the ongoing offer of 130 days. from Moneycontrol Business News https://ift.tt/1M2klti

Morning Scan: All the big stories to get you started for the day

A round-up of the biggest articles from newspapers from Moneycontrol Business News https://ift.tt/JcXzVwf

Cadbury’s maker ‘cautiously optimistic’ over festive demand; hopes to grow volumes further via diversification 

Mondelez India’s senior director for sales Desmond D’souza told Moneycontrol that unlike the last two years that were marred by successive COVID-19 waves, this year’s festival season is expected to reflect the demand witnessed during the pre-pandemic era from Moneycontrol Business News https://www.moneycontrol.com/news/business/cadbury’s-maker-‘cautiously-optimistic’-over-festive-demand-hopes-to-grow-volumes-further-via-diversification _16629951.html

How a Quebec lithium mine may help make electric cars affordable

Having more mines will also help contain the price of lithium, which has soared fivefold since mid-2021, pushing the cost of electric vehicles so high that they are out of reach for many drivers from Moneycontrol Business News https://ift.tt/4usqrKE

Adani Group pledges stake worth $13 billion in Ambuja Cements and ACC

According to regulatory updates on Tuesday, billionaire Gautam Adani-led group has encumbered its 63.15 per cent stake in Ambuja Cements and 56.7 per cent stake in ACC (of which 50 per cent is held by Ambuja) to the Hong Kong Branch of Deutsche Bank AG. from Moneycontrol Business News https://ift.tt/Ses6xHE

MC Insider: Stake sale for philanthropy, block deal buzz, more cement MAs, accounting illusions, and more

NULL from Moneycontrol Business News https://ift.tt/tnvRfzD

Morning Scan: All the big stories to get you started for the day

A round-up of the biggest articles from newspapers from Moneycontrol Business News https://ift.tt/cWda1ZR

Companies need to be prepared for continued or higher inflation: HUL CEOMD Sanjiv Mehta

The unprecedented inflation is not homegrown but has been caused by several global factors, including supply chain disruption due to the pandemic and Ukraine-Russia war, he said while speaking at the FICCI LEADS 2022 event here. from Moneycontrol Business News https://ift.tt/XjpvzB5

Finance ministry calls meeting with PSB chiefs as branches creak from staff shortage

The ministry has also sought a monthly recruitment plan for jobs from the PSBs at the meeting as staff-shortage impact on PSB operations begins to surface on social media with appalled account holders tweeting out their grievances online. from Moneycontrol Business News https://ift.tt/9c75QVT

Mother Dairy expecting 20% revenue growth in FY23 to Rs 15,000 crore

The turnover of Mother Dairy, which also sells edible oils and fruits vegetables, stood at Rs 12,500 crore in last fiscal year. from Moneycontrol Business News https://ift.tt/Z8U4jlF

Fintech industry needs to work relentlessly on safety to uphold people#39;s trust: PM Modi

In his message at the Global Fintech Fest, Modi said the sector has been an example of the wonders that can be worked when a government that encourages innovation comes together with the energy of young and inventive minds. from Moneycontrol Business News https://ift.tt/zPHQ1SI

Credit card approval to NBFCs not on RBI mind at the moment

Sources told CNBC-TV18 that the matter is “not on the table” at present from Moneycontrol Business News https://ift.tt/OXueEPg

Fiat Chrysler gets new chance to block Mahindra 4x4s in Jeep trademark case

The 6th U.S. Circuit Court of Appeals said that a Detroit federal court applied the wrong standard when it found that Mahindra#39;s post-2020 Roxors were unlikely to cause consumer confusion. from Moneycontrol Business News https://ift.tt/LtEWZ60