Skip to main content

Posts

Showing posts from March, 2023

Unused overseas flying rights of Indian carriers likely to be reallocated

The move to reallocate unused overseas flying rights of Indian carriers is facing resistance from major Indian airlines, which want one more year to utilise their rights from Moneycontrol Business News https://ift.tt/YfoIUgx

Moneycontrol Selects: Top stories this afternoon

Our specially curated package of the most interesting articles to help you stay at the top of your game. from Moneycontrol Business News https://ift.tt/KRF9dse

Bandhan Bank rallies 3.5% in early trade after hitting 3 year lows

Recently, Bandhan Bank shares hit three year lows and has given a negative 7.54 percent return over the last one week. The stock touched a 3-year low of Rs 185.45 on Tuesday due to volume based heavy selling. from Moneycontrol Business News https://ift.tt/RXlPWaw

Live News: US Senate confirms Indian-American Richard Verma for top State Department position

Live News: Verma served as the US#39; Ambassador to India from January 16, 2015, to January 20, 2017, and is currently the chief legal officer and the head of global public policy at Mastercard. During the Obama Administration, he served as Assistant Secretary of State for Legislative Affairs. from Moneycontrol Business News https://ift.tt/f7E1AxH

Dixon Technologies targets $100bn mobile exports from India in 5 years

Dixon exported $10 billion mobile phones last year. from Moneycontrol Business News https://ift.tt/gTEStzV

Aether Industries inks pact with Saudi Aramco Technologies

Aether Industries has inked a letter of intent (LoI) with Saudi Aramco Technologies to this effect, according to a statement. from Moneycontrol Business News https://ift.tt/nOaLNeD

Real Estate: नवरात्रे में मकान खरीदने पर खत्म हो गया ऑफर्स का दौर? रियल एस्टेट बाजार में क्या चल रहा है?

रिजर्व बैंक ने रेपो रेट (Repo Rate) में लगातार पांच बार बढ़ोतरी की है। इससे हर प्रकार के लोन महंगे हो रहे हैं। होम लोन भी इससे अछूता नहीं है। तिस पर महंगाई का तड़का अलग से है। इन दिनों बिल्डिंग मैटेरियल (Building Materials) का दाम तो लगता है, हर महीने बढ़ रहा है। तभी तो मकानों या फ्लैट्स के दाम भी चढ़ गए हैं। डेवलपर्स का कहना है कि मकान बनाने का खर्च जिस तरह से बढ़ा है, उस तरह से फ्लैट या मकान के दाम नहीं बढ़े हैं। इसलिए मार्जिन घट गया है। इसलिए इस साल नवरात्रों में उतने ऑफर्स नहीं दिख रहे हैं। from प्रॉपर्टी समाचार, रियल एस्टेट खबरें, Real Estate India, Property News https://ift.tt/zisfCdS

Private investment in scientific warehousing capacities can aid the growth of the food processing sector

From a policy perspective, we need to move on from strategic storage to even out supplies for the healthy development of the food processing sector. For the fast-growing food processing sector, warehousing helps even out seasonal commodity flows and hence their raw material costs from Moneycontrol Business News https://ift.tt/GRw5XJg

COVID-19 continues to surge in India but Paxlovid is only a minor player

Apart from reducing hospitalisation for the most vulnerable group and its efficacy against Omicron variants, Paxlovid has also shown to decrease the chances of long COVID-19. from Moneycontrol Business News https://ift.tt/6PKmaGZ

Noida Amrapali Update: आम्रपाली के होम बायर्स के लिए गुड न्यूज, सुप्रीम कोर्ट का बड़ा फैसला, जल्दी घर मिलने की उम्मीद बढ़ी

आम्रपाली के होम बायर्स का घर मिलने का सपना जल्दी पूरा हो सकता है। सुप्रीम कोर्ट ने आम्रपाली की परियोजनाओं में अतिरिक्त एफएआर को मंजूरी दे दी है। इससे करीब 1000 करोड़ रुपये जुटाए जाएंगे। इस राशि को अधूरी परियोजनाओं को पूरा करने में खर्च किया जाएगा। इससे लोगों को जल्दी घर मिल सकता है। from प्रॉपर्टी समाचार, रियल एस्टेट खबरें, Real Estate India, Property News https://ift.tt/ALHIbvp

Adani met Pimco, BlackRock for potential private bond placement

The conglomerate led by billionaire Gautam Adani is aiming to raise up to $1 billion in two tranches this year via such a route, said the people, who declined to be named as they were not authorized to speak about it. from Moneycontrol Business News https://ift.tt/9dQNpzo

MakeMyTrip plans to grow franchise base by over 50% this year

The company is seeking to tap into the opportunities provided by the government#39;s initiative to increase the number of airports in India by adding 80 airports over the next three years, taking the number to 220 by 2025, MakeMyTrip (MMT) said in a statement. from Moneycontrol Business News https://ift.tt/HdzU52A

Maruti Suzuki India crosses 25 lakh units milestone of cumulative exports

The company, which started exports with shipments to neighbouring markets like Bangladesh and Nepal in 1986-87, said it currently exports to nearly 100 countries, including markets in Africa, Latin America, Asia, and the Middle East. from Moneycontrol Business News https://ift.tt/vsx4dNt

MC Insider: Debt fund tax fallout, changing MF rules, top executives bonding over food and more

NULL from Moneycontrol Business News https://ift.tt/6BO9aTw

Ajay Piramal, TPG weighing exit from Shriram General

Piramal and TPG are jointly working with an adviser on divesting a combined 30% stake in the holding company of Shriram General Insurance Ltd., said the people, who asked not to be identified as the information is private. Shriram General Insurance Holdings could be valued at more than $2 billion in a transaction, the people said. from Moneycontrol Business News https://ift.tt/mDRHq0F

Pranav Haridasan to be new MD and CEO of Axis Securities

Haridasan, who is currently Managing Director and Co-Head of Equities at Axis Capital, has more than 20 years of experience in financial markets across different asset classes. from Moneycontrol Business News https://ift.tt/Flfd9iS

Gogoro, Zomato, Kotak Mahindra Prime join hands to accelerate adoption of EVs by delivery partners

As per the partnership, the companies will offer last-mile delivery partners associated with Zomato affordable loan terms and battery swapping services. from Moneycontrol Business News https://ift.tt/Pq3m6cF

Zydus Lifesciences gets USFDA nod to market generic drug

The company has received the final approval for Levothyroxine Sodium for Injection in strength of 100 mcg/vial, 200 mcg/vial, and 500 mcg/vial from the US Food and Drug Administration (USFDA), the drug firm said in a statement. from Moneycontrol Business News https://ift.tt/bXGzW6n

NSE, BSE put Adani Green Energy under second stage of longterm ASM framework from March 28

In two separate circulars, the bourses said Adani Green Energy shall continue in the ASM framework but will be moved to the respective higher stage from March 28. from Moneycontrol Business News https://ift.tt/gvcpst1

Air India ‘Premium Economy’ cabins: All that you must know as booking begins

The launch of premium economy seats will help the airline market this class more aggressively than before and take on the likes of Air France, Lufthansa, British Airways and others who offer similar service. from Moneycontrol Business News https://www.moneycontrol.com/news/business/air-india-‘premium-economy’-cabins-all-that-you-must-know-as-booking-begins_16940891.html

SUN Mobility to power 50,000 electric two-wheelers of Zomato#39;s fleet over next 2 years

Under the partnership, SUN Mobility will provide its battery swap solutions for last-mile deliveries with the initial fleet deployment to start in the National Capital. from Moneycontrol Business News https://ift.tt/dpJ9o8N

EPFO board meeting begins today: Pension, interest rates all you need to know

The decisions taken by the board will affect around 6 crore active EPFO subscribers. Here’s a look at the issues that will likely be taken up during the two-day meeting of the Central Board of Trustees from Moneycontrol Business News https://ift.tt/1pyKVT5

MC Insider: Consumer tech reality check, an over-sized pill, finfluencer faceoff, axe on recovery agents, and more

"If it is too good to be true, it better be ignored. Investors who have lived by this rule have saved pots of money avoiding stocks that have promised the moon and not delivered." from Moneycontrol Business News https://ift.tt/zcjmOJA

MC Insider: IPO reversal, ignoring too good to be true, stake sale in jewellery space and more

"If it is too good to be true, it better be ignored. Investors who have lived by this rule have saved pots of money avoiding stocks that have promised the moon and not delivered." from Moneycontrol Business News https://ift.tt/vtzpNWl

Etihad starts direct flights between Kolkata and Abu Dhabi

The airlines will operate two flights a day, four days a week -- Tuesday, Thursday, Friday and Sunday -- from Kolkata to Abu Dhabi, the Netaji Subhas Chandra Bose International (NSCBI) Airport said in the statement. from Moneycontrol Business News https://ift.tt/ZaD8g1H

Deutsche Bank shares plummet amid concerns over global financial system

Deutsche Bank#39;s woes come in the context of investors searching for vulnerable institutions after the collapse of Silicon Valley Bank earlier this month from Moneycontrol Business News https://ift.tt/u08iPJh

Banking Turmoil Sparks Increased Risk Perception Among Fund Managers: BofA Survey

Respondents cited US shadow banking, US corporate debt, or real estate in developed markets as the most likely causes of any crash. from Moneycontrol Business News https://ift.tt/erSmlz4

Power Grid Corporation board okays raising Rs 600 crore via bonds

The bonds will be listed at BSE and/or NSE. Bonds are redeemable at par in 40 equal instalments and interest payment on quarterly basis, it stated. from Moneycontrol Business News https://ift.tt/iRBP7rz

Maruti Suzuki to hike prices of model range from April

The auto major, however, did not share the quantum of the price hike it intends to implement from next month. from Moneycontrol Business News https://ift.tt/T4Y1XWO

Weekly Tactical: This luggage stock can take off post a significant correction

A surge in discretionary travel, wedding spends, and increased mobility post pandemic are structurally positive for luggage demand from Moneycontrol Business News https://ift.tt/BCl3xu9

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

A round-up of the top stories from newspapers. from Moneycontrol Business News https://ift.tt/3rFx0j2

Coromandel International gains on foray into speciality, industrial chemicals

Coromandel International is in the business of fertilisers, crop protection chemicals, bio-products, speciality nutrients, organic fertilisers and retail. from Moneycontrol Business News https://ift.tt/zDAkfsB

Kalpataru bags orders worth Rs 2,477 crore

Kalpataru Power Transmission Limited (KPTL) and its international subsidiaries have secured new orders/notification of awards of Rs 2,477 crore, a statement said. from Moneycontrol Business News https://ift.tt/20xUu6H

Anil Agarwal said to weigh Vedanta stake sale as last-resort option

Vedanta’s shares have fallen about 32% in the last 12 months, giving it a market value of about $12.6 billion. A 5% stake is worth about $630 million. from Moneycontrol Business News https://ift.tt/pqb9eDL

Coromandel International to enter into speciality, industrial chemicals

Coromandel International is in the business of fertilisers, crop protection chemicals, bio-products, speciality nutrients, organic fertilisers and retail. from Moneycontrol Business News https://ift.tt/YG2dvge

VoltUp partners with BSNL to set up electric vehicles battery swapping stations

Initially, under the partnership battery swapping stations will be set up in four locations across Gurugram, enabling an infrastructure of over 150 charging docks, the company said in a statement. from Moneycontrol Business News https://ift.tt/JaS2IE0

Moneycontrol Selects: Top stories this afternoon

Our specially curated package of the most interesting articles of the day will help you stay at the top of your game. from Moneycontrol Business News https://ift.tt/W3UZyIu

Indian airports#39; revenues to rise to $3.9 billion next fiscal year

For 2023-24, air passenger traffic, including domestic and international, is expected to be 395 million, it said while presenting the outlook for the airports. from Moneycontrol Business News https://ift.tt/LGoxUuf

Noida Property: भ्रष्टाचार का गढ़, कुंभकर्ण... आम्रपाली प्रोजेक्ट्स को लेकर एनबीसीसी और नोएडा अथॉरिटी में तू-तू, मैं-मैं

सुप्रीम कोर्ट ने आम्रपाली के अधूरे प्रोजेक्ट्स को पूरा करने की जिम्मेदारी सरकारी कंपनी एनबीसीसी को दी है। लेकिन पिछले तीन साल से बात आगे नहीं बढ़ पा रही है। एनबीसीसी अनयूज्ड फ्लोर एरिया रेश्यो को बेचकर पैसा जुटाना चाहती है लेकिन नोएडा अथॉरिटी और होमबायर्स इसका विरोध कर रहे हैं। from प्रॉपर्टी समाचार, रियल एस्टेट खबरें, Real Estate India, Property News https://ift.tt/AOI0xQs

Why this high-quality midcap deserves a look

With the economy gaining momentum and supply challenges abating, Control Print is poised for strong growth from Moneycontrol Business News https://ift.tt/40pxTE1

MM looking to raise $1.3 billion for new EV Company: Report

Besides hiving off stake in its EV business, the Mahindra Group is also “engaged” with large global private equity (PE), ESG-focused funds, and sovereign funds for long-term investment in its EV business. from Moneycontrol Business News https://ift.tt/cZUlTjL

Turkish Airlines looking for cooperation with Air India

Turkish Airlines CEO Board Member Bilal Eksi pitched for more cooperation with Indian carriers and said that it can cooperate with Air India as that will also support both counties as well as tourism. from Moneycontrol Business News https://ift.tt/luQmFSc

Tata Group likely in talks to engage outgoing TCS CEO Rajesh Gopinathan beyond September 15

Tata Sons and IT behemoth Tata Consultancy Services declined to comment on the development. from Moneycontrol Business News https://ift.tt/UhGnQwT

Bharti Airtel rolls out family plans starting Rs 599 to increase postpaid user base

The new family plans uploaded on the company website are in the range of Rs 599 to Rs 1,499 per month, while Black family plans, that bundles DTH and fixed broadband service, are in the range of Rs 799 to Rs 2,299 per month. from Moneycontrol Business News https://ift.tt/JtExLPZ

Noida Property: फ्लैट लेने से पहले यहां चेक करें बिल्डर की पूरी कुंडली, नहीं डूबेगी आपकी गाढ़ी कमाई

Noida Property: अगर आप फ्लैट खरीदने जा रहे हैं तो एक बार बिल्डर की कुंडली जरूर चेक कर लें। अधूरे प्रॉजेक्ट और अगर ऑक्युपेंसी-कंप्लीशन सर्टिफिकेट जारी हो रहे हैं तो उनकी भी जानकारी ऑनलाइन हो गई है। आप अथॉरिटी की वेबसाइट पर जाकर इसे देख सकते हैं। इससे फ्लैट लेते समय आपको आसानी होगी। from प्रॉपर्टी समाचार, रियल एस्टेट खबरें, Real Estate India, Property News https://ift.tt/AB53qjn

Air India confident on funding for world’s biggest Aircraft deal

“We have the backing of Tata Sons, so there is financing available for these aircraft,” CEO Campbell Wilson said in an interview with Bloomberg News on the sidelines of the CAPA India Aviation Summit in New Delhi on Monday. “We have already made some downpayments for these aircraft from our internal funds.” from Moneycontrol Business News https://www.moneycontrol.com/news/business/air-india-confidentfunding-for-world’s-biggest-aircraft-deal_16933341.html

Adani Krishnapatnam Port logs highest ever coal loading at 12.95 MT

This milestone, accomplished on Friday, surpassed the earlier feat of 12.94 MT logged in fiscal 2014-15, said the official. from Moneycontrol Business News https://ift.tt/bFME3f8

MC Insider: Realty firm#39;s IPO roadblock, PMS losing out on sin stocks, SEBI alert for MFs and more

NULL from Moneycontrol Business News https://ift.tt/ZFD8Bpb

Glenmark gets USFDA nod to market generic medication

The company has received nod from the US Food Drug Administration (USFDA) for Prochlorperazine Maleate Tablets USP, 5 mg and 10 mg, the Mumbai-based drug maker said in a statement. from Moneycontrol Business News https://ift.tt/QRmqkET

ADP, GMR Airports Infrastructure to merge joint venture With GMR

ADP and GMR Airports Infrastructure own 49% and 51%, respectively, of the unlisted GMR Airports Ltd., according to a statement Sunday from the French company, which operates Paris’s Charles de Gaulle and Orly. from Moneycontrol Business News https://ift.tt/SmvOLuG

TCS among top 10 firms to suffer Rs 2.09-lakh-crore hit on market value

The 30-share BSE Sensex plummeted 1,145.23 points or 1.93 per cent. Corporate major Reliance Industries#39; m-cap plunged Rs 67,722.33 crore to Rs 15,04,001.93 crore. from Moneycontrol Business News https://ift.tt/324jsyg

Top 10 most valued firms lose Rs 2.09 lakh crore in Mcap; TCS among biggest laggards

The 30-share BSE Sensex plummeted 1,145.23 points or 1.93 per cent. Corporate major Reliance Industries#39; m-cap plunged Rs 67,722.33 crore to Rs 15,04,001.93 crore. from Moneycontrol Business News https://ift.tt/tFpMCJs

UBS Seeks Swiss Backstop in Any Credit Suisse Deal

UBS is discussing scenarios in which the government would take on certain legal costs or other specific losses in any deal, said the people, asking not to be identified describing private discussions. from Moneycontrol Business News https://ift.tt/GnaqcuW

Sterlite Power bags green energy transmission project in Rajasthan

The project was bid out through tariff-based competitive bidding (TBCB) process, a company statement said. Sterlite Power received the Letter of Intent (LoI) from PFC Consulting Ltd to build the project on BOOT (build, own, operate, transfer) basis, for a period of 35 years. from Moneycontrol Business News https://ift.tt/ifyH0Lp