World news info.

The company had retailed 4,306 vehicles in January 2022, MG Motor India said in a statement. from Moneycontrol Business News https://ift.tt/cPZRHbK

MSCI also added that it is aware of factors that may impact the eligibility of relevant Adani stocks and related securities for MSCI indices and will communicate further as more information is available. from Moneycontrol Business News https://ift.tt/gZNpyiu

Reports here are flagging that the firm co-founded by British Prime Minister Rishi Sunak#39;s father-in-law, Narayana Murthy, was contesting a GBP 20 million tax bill with His Majesty#39;s Revenue and Customs (HMRC) department. from Moneycontrol Business News https://ift.tt/kWlPViw

The Indian tycoon has fallen from fourth place to 11th on the Bloomberg Billionaires Index, with a personal wealth wipeout of $34 billion in just three trading days. from Moneycontrol Business News https://www.moneycontrol.com/news/business/adani-drops-off-listworld’s-top-10-richest-people_16834881.html

After scrapping the seven-month-old process to offload the 400,000 tons-a-year Sterlite Copper plant, the company will now work with the local population to restart the factory that was shut on environmental concerns, the people said, asking not to be named as the information is not public. from Moneycontrol Business News https://ift.tt/Rb8ilrC

A note from one of the group’s key units, Adani Ports Special Economic Zone Ltd., rose 3.4 cents on the dollar to 68.8 cents as of 9:47 a.m. in Hong Kong. That pares its drop since US-based short seller Hindenburg Research last week alleged “accounting fraud” at Adani group to about 10 cents. from Moneycontrol Business News https://ift.tt/PdDhUm1

A round-up of the biggest articles from newspapers from Moneycontrol Business News https://ift.tt/FLikd82

Led by Asia#39;s richest man Gautam Adani, the Indian group has locked horns with Hindenburg Research and on Sunday hit back at the short-seller#39;s report of last week that flagged concerns about its debt levels and the use of tax havens. from Moneycontrol Business News https://ift.tt/N6wv0QS

The Tata group-owned airline#39;s announcement also comes against the backdrop of at least three incidents of unruly passenger behaviour on two international flights last year, for which aviation regulator DGCA had imposed penalties on the carrier for certain reporting lapses. from Moneycontrol Business News https://ift.tt/4v9pA1R

The company in a statement said it has forayed into Ahemdabad market and has taken over 56,000 square feet of office space on lease at Nehru Nagar in Ahmedabad. from Moneycontrol Business News https://ift.tt/3UE0wOb

Startups have spurred innovation. But once the firm climbs onto the investment treadmill, it inevitably reaches a situation where it exists only to get to its next round  from Moneycontrol Business News https://www.moneycontrol.com/news/business/startup-street-startups-no-differentrun-of-the-mill-businesses  _16831271.html

Petrol and diesel are priced at Rs 102.63 per litre and Rs 94.24 per litre respectively in Chennai, and at Rs 106.03 a litre and Rs 92.76 a litre in Kolkata, respectively. from Moneycontrol Business News https://ift.tt/bSuYcR0

Budget 2023 Expectations Highlights: We must focus on reconstruction rehabilitation. Many youths are unemployed, we must create self-employment opportunities, revive closed units and give them technological help and slight handholding, says Navin M Raheja, chairman MD, Raheja Developers on 2023 Budget expectations. from Moneycontrol Business News https://ift.tt/6M8oy0b

Budget 2023 Expectations Highlights: The common man is worried about inflation because of a looming global economic slowdown and a potential resurgence of Covid-19. Layoffs and slowdown in US and Europe is keeping the mood of the nation cautiously optimistic. People expect a rise in the basic exemption limit in income tax. from Moneycontrol Business News https://ift.tt/0kVr6m1

Budget 2023 Expectations LIVE Updates: Arun Kumar, the managing partner of Celesta Capital says, “As a US-based venture capital firm investing in India, we are keenly interested in policies and initiatives that will support the growth and development of the startup ecosystem in the country.” rn“Signals and allocations in the Budget that further the growth of new ventures based on innovation and entrepreneurship would be particularly welcome,” Kumar said. from Moneycontrol Business News https://ift.tt/B7fDXbK

Budget 2023 Expectations LIVE Updates: The Finance Minister might rejig the tax slabs in the upcoming Union Budget of 2023, which may hint of a gradual movement towards an exemption-less tax regime in future. Multiple experts have demanded the inclusion of standard deduction as well as housing loan interest in this new regime. from Moneycontrol Business News https://ift.tt/XgiTqxH

Budget 2023 Expectations LIVE Updates: Mukesh Aghi, President CEO of USISPF, believes that India has a significant opportunity to attract foreign investment in the coming years. He notes that the country has the potential to target $100 billion in FDI by 2023 but emphasises the importance of a budget that is "micro-focused" on capex and infrastructure spending in order to achieve this goal. from Moneycontrol Business News https://ift.tt/nSuJf9G

Budget 2023 Expectations LIVE Updates: Sanjiv Bajaj, President of CII expressed that the mood in the market is cautiously optimistic, with a sense of hope that the Budget will consolidate the issues faced by the economy and take it forward. from Moneycontrol Business News https://ift.tt/LkY8dlK

Budget 2023 Expectations LIVE Updates: Anand Rathi expects the federal budget to emphasise the ecosystem of alternative energy (including hybrid/electric vehicles, batteries, and green energy), high-tech industries (including microchips), infrastructure (including roads, railways, and water), digital technology, and the hospitality industry from Moneycontrol Business News https://ift.tt/tbaCP8z

India is on the frontline of the geopolitical conflict -- We need a budget to reflect that fact from Moneycontrol Business News https://www.moneycontrol.com/news/business/moneycontrol-pro-weekender-a-budget-forbrave-new-world _16829751.html

Pre-Budget 2023 LIVE Updates: In an exclusive interview with Moneycontrol, Vice Chairman of Niti Aayog Arvind Panagariya expressed that it is time for the Finance Ministry to simplify the personal income taxation system and end exemptions. from Moneycontrol Business News https://ift.tt/CxeiWU8

Budget 2023 Expectations LIVE Updates: The market succumbed to major selling pressure on January 27, with the benchmark indices falling nearly 2 percent despite a positive trend in global peers, as participants turned cautious ahead of key events next week – Union Budget 2023 and the US Federal Reserve meeting from Moneycontrol Business News https://ift.tt/ICEWfAX

The model now comes with a 2.4-litre diesel powertrain mated with a five speed manual transmission across four trims. from Moneycontrol Business News https://ift.tt/3EJ0MKQ

The South African environment department in a statement on Thursday said the plan is to send 12 cheetahs every year for a decade. India has not released any statement in this regard so far. from Moneycontrol Business News https://ift.tt/xdyjoZF

Listing out the major initiatives over the last one year, Air India said it is "finalising a historic order of new aircraft to power future growth". from Moneycontrol Business News https://ift.tt/YwgO41N

The Adani Group held the call with fixed-income investors after US short seller Hindenburg Research leveled a series of extraordinary allegations about the sprawling conglomerate. from Moneycontrol Business News https://www.moneycontrol.com/news/business/adani-linesdetailed-response-to-‘bogus’-short-seller-report_16827621.html

The launch of the US-India Alliance for Women#39;s Economic Empowerment STEM Collaborative was announced by Mukesh Aghi, president and CEO of the US-India Strategic and Partnership Forum during the US-India Alliance Shatter Summit. from Moneycontrol Business News https://ift.tt/4Mkwr6x

Foxtons, the London estate agency firm, has told investors that it expects 2022 revenue and profit to be ahead of expectations. from Property Week - Latest Residential News https://ift.tt/2qAaGgK

As per the latest enforcement report by the US Food and Drug Administration (USFDA), Macleods Pharma Inc, a US-based unit of the company, is recalling 10,052 bottles of Levofloxacin tablets, which are used to treat different types of bacterial infections. from Moneycontrol Business News https://ift.tt/2dR1yhP

Bonds and shares of Adani-related entities slumped after Hindenburg, an investment research firm that specializes in short-selling, made wide-ranging allegations of purported corporate malpractice following what it said was a two-year investigation into Adani’s companies. from Moneycontrol Business News https://ift.tt/xfPOkl0

Global private equity firm Bain Capital#39;s affiliate has sold its stake in maritime logistics company JM Baxi, the details of the transaction have not been revealed yet. from Moneycontrol Business News https://ift.tt/4OoFLh8

A round-up of the biggest articles from newspapers from Moneycontrol Business News https://ift.tt/43LvYmK

Hindenburg has a track-record of finding corporate wrongdoings and placing bets against the companies. from Moneycontrol Business News https://ift.tt/5KMXQZI

Scottish landlords’ associations have joined forces to seek a judicial review of the Scottish government’s rent control and eviction ban legislation, which they believe is “disproportionate and unfair”. from Property Week - Latest Residential News https://ift.tt/hX0SjLo

Mubadala Investment Co PJSC, BNP Paribas SA have also bid, the people said, asking not to be identified as the details aren’t public. The so-called anchor book for Adani Enterprises Ltd. was oversubscribed by 1.8-2 times, the people added. from Moneycontrol Business News https://www.moneycontrol.com/news/business/ihc-adia-among-bidders-for-adani’s-3625-billion-share-sale_16824421.html

Student accommodation and build-to-rent group Watkin Jones has blamed Kwasi Kwarteng and Liz Truss’ mini-budget on a last-minute hit on the group’s annual figures after revealing falls in both revenue and profit for its last financial year. from Property Week - Latest Residential News https://ift.tt/PJh5c4H

The company signed a share purchase agreement with Glegoo Innovations Pvt Ltd on January 24, 2023, Easy Trip Planners, which operates under the brand EaseMyTrip, said in a regulatory filing. from Moneycontrol Business News https://ift.tt/gSNojzT

With a granular deposit base and robust growth in advances, Karur Vysya Bank’s earnings trajectory is set to gain further traction from Moneycontrol Business News https://ift.tt/lvY7IXG

Vistara, a joint venture between the Tata Group and Singapore Air, is expecting to induct its remaining four Dreamliners by March 2024, he said. While the first of those four jets will be delivered by April, Vistara is waiting for clarity from Boeing on the exact delivery timeline, Kannan said. from Moneycontrol Business News https://ift.tt/mzA3IaF

A round-up of the biggest articles from newspapers from Moneycontrol Business News https://ift.tt/Hp2KhMN

SpiceJet is also offering additional discounts on bookings made through the airline#39;s website and mobile application. from Moneycontrol Business News https://ift.tt/H48oJYj

Earnings growth trajectory likely to remain strong for Axis Bank, aided by improving macro and rapid market share gains from Moneycontrol Business News https://www.moneycontrol.com/news/business/axis-bank-q3-fy23-–-can-it-closevaluation-gapprivate-peers_16820771.html

Authorities have promoted the 80 billion rupee ($984 million) issue to the country’s biggest domestic asset managers, including state-run insurers and pension funds as well as foreign investors. from Moneycontrol Business News https://ift.tt/sFo3gwq

Starting January 27, stocks from Reliance Industries Ltd. to Tata Consultancy Services Ltd. and Adani Enterprises Ltd. — together comprising 80% of the country’s equity market — will be settled on a ‘trade-plus-one-day’ timeline versus the earlier two-day process. from Moneycontrol Business News https://www.moneycontrol.com/news/business/india-bluechips-set-to-shift-to-world’s-fastest-settlement-cycle_16820621.html

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

Housebuilder Redrow has announced that all of its new detached home development will use air source heat pumps and underfloor heating as standard, as part of its plan to achieve net-zero carbon by 2050. from Property Week - Latest Residential News https://ift.tt/9NXB6fz

Nuffield College and Oxford City Council have submitted plans for a massive mixed-use neighbourhood on the brownfield city centre Oxpens site, with the joint venture also hunting for a developer. from Property Week - Latest Residential News https://ift.tt/4HVUvtp

Retail investors in bonds and debentures are generally supposed to be savvier than retail stock investors. Hence, they have to take part of the blame. from Moneycontrol Business News https://www.moneycontrol.com/news/business/banking-central-|-yes-bank-at1-bond-holders-knewrisks-they-simply-ignored-it_16818741.html

The growth trajectory of Kotak Mahindra Bank looks decent on the back of a comfortable capital position, right asset mix, strong margin, and market share gains from Moneycontrol Business News https://www.moneycontrol.com/news/business/kotak-mahindra-bank-q3-fy23-–-whybelow-par-show-should-reverse_16818601.html

NULL from Moneycontrol Business News https://www.moneycontrol.com/news/business/mc-insider-ipo-delay’s-side-effects-brokeragesa-tizzypainter-who-tookbank-boss’-advicemore_16818591.html

The task of expanding the RoA for Yes Bank will be arduous because of subdued growth, modest margin, and sticky costs from Moneycontrol Business News https://ift.tt/IFv5DPS

A round-up of the biggest articles from newspapers from Moneycontrol Business News https://ift.tt/1DXlzpo

The outflow in the month of January came following a net inflow of Rs 11,119 crore in December and Rs 36,239 crore in November. from Moneycontrol Business News https://ift.tt/gAQBiXa

A report by the World Gold Council about China’s gold jewellery market predicted a robust growth in Q1 2023 for China’s gold jewellery consumption. from Moneycontrol Business News https://ift.tt/eYMbg5y

The distribution of appointment letters will take place as a part of the Rozgar Mela launched by the Prime Minister in October,2022, which aims to appoint 10 lakh personnel. from Moneycontrol Business News https://ift.tt/ptHDNvG