World news info.

The asset quality of Mas Financial is largely pristine and it expects a 25 percent growth in its book from Moneycontrol Business News https://www.moneycontrol.com/news/business/weekly-tactical-pick-–-why-this-niche-nbfc’s-correction-merits-attention_17356101.html

. The company had sold 11,765 units in November 2022, Toyota Kirloskar Motor (TKM) said in a statement. from Moneycontrol Business News https://ift.tt/6UbzTL8

Pankaj Tibrewal, senior executive vice-president and fund manager at Kotak AMC, leaves the company after a 14-year successful stint today to start his own fund from Moneycontrol Business News https://ift.tt/NJ1Ds9S

Pankaj Tibrewal, senior executive vice-president and fund manager at Kotak AMC, leaves the company after a 14-year successful stint today to start his own fund from Moneycontrol Business News https://ift.tt/M28l5No

The board has approved the setting up of an additional 5,500-tonne freeze-dried coffee facility in Vietnam, the company said in a regulatory filing. from Moneycontrol Business News https://ift.tt/FjU25iS

"There aren#39;t a lot of accessible luxury fashion labels in India so we think it#39;s time to be pioneering," said SMCP CEO Isabelle Guichot, citing India#39;s wealth and growing population of younger generations among reasons for entering the country. from Moneycontrol Business News https://ift.tt/2e4Gl8q

LC Nueva Alternate Investment Fund (AIF) focuses on early-stage companies operating in healthtech, consumertech, fintech, and educationtech fields. from Moneycontrol Business News https://ift.tt/0WUsvKo

The company is expected to seek bids this week for notes due in two-, three- and five years, the people said, who asked not to be identified as the details are private. If the deal goes through, it will be Bharti Telecom’s largest ever rupee issuance, according to data compiled by Bloomberg. from Moneycontrol Business News https://ift.tt/eUwA42o

The state’s story is one of grand visions and a master plan with a long runway, with many blocks coming together over a thirty-year horizon from Moneycontrol Business News https://www.moneycontrol.com/news/business/gujarat’s-marketing-acumen-can-betemplate-for-other-states_17354051.html

The company is expected to seek bids this week for notes due in two-, three- and five years, the people said, who asked not to be identified as the details are private. If the deal goes through, it will be Bharti Telecom’s largest ever rupee issuance, according to data compiled by Bloomberg. from Moneycontrol Business News https://www.moneycontrol.com/news/business/india-telecom-tycoon’s-firm-plans-its-biggest-ever-rupee-bonds_17353881.html

Gautam Anand, with over 25 years of experience in the private banking industry, was crucial in expanding UBS#39; South Asian and global Indian client network across Asia, according to the memo.He is set to assume the new role on Dec. 1. from Moneycontrol Business News https://ift.tt/JoI5Yt2

Bhavish Aggarwal#39;s Ola Electric, which he likens to Tesla in the West, is zipping towards a stock-market listing after going from zero to 338,000 e-scooter sales in about two years. from Moneycontrol Business News https://ift.tt/6IhMgFb

An MSCI index of emerging-market equities has jumped 7.1% in November, and a similar gauge of currencies has risen 2.3%, both the biggest advance since January. from Moneycontrol Business News https://ift.tt/Gp3BAK6

The Finance Ministry monthly economic review says increasing exposure of retail investors to mutual funds and equities has resulted in a wealth effect, supporting consumption from Moneycontrol Business News https://www.moneycontrol.com/news/business/moneycontrol-pro-weekender-the-wealth-effect _17350001.html

An Amazon spokesperson in Germany said only a small number of workers were on strike, and that workers are paid fair wages, with a starting salary of more than 14 euros ($15.27) an hour. from Moneycontrol Business News https://ift.tt/tNGZE72

The aforesaid divestment is a part of Fortis’ ongoing portfolio rationalization strategy in order to focus on deepening its presence in select geographic clusters where it has a sizeable presence. from Moneycontrol Business News https://ift.tt/XVYwUl5

Company aims to ramp up portfolio as key drugs—that were actually formulated to treat diabetes—go off patent from Moneycontrol Business News https://ift.tt/TBm6VEr

The inspection was held between 23rd August, 2023 and 26th August, 2023. from Moneycontrol Business News https://ift.tt/YhGJPLC

Pankaj Tibrewal is the executive vice president and fund manager at Kotak Mutual Fund. Tibrewal has been a part of Kotak Since 2010. from Moneycontrol Business News https://www.moneycontrol.com/news/business/senior-fund-manager-pankaj-tibrewal-quits-kotak-mutual-fund-to-start-own-fund _17346641.html

Pankaj Tibrewal is the executive vice president and fund manager at Kotak Mutual Fund. Tibrewal has been a part of Kotak Since 2010. from Moneycontrol Business News https://www.moneycontrol.com/news/business/senior-fund-manager-pankaj-tibrewal-resignskotak-mutual-fund _17346641.html

India has more than 37 million individuals struggling with COPD from Moneycontrol Business News https://www.moneycontrol.com/news/business/lupin-launches-world’s-first-fixed-dose-triple-combination-drug-for-chronic-lung-disease_17345101.html

While the ASCI accepts complaints from various sources, 21.3 percent were consumer complaints, indicating substantial public involvement in upholding advertising standards. Suo-motu complaints by ASCI constituted 75.4 percent of the total. from Moneycontrol Business News https://ift.tt/joANrmZ

Mamaearth Q2 earnings: The D2C unicorn#39;s revenue rose 21 percent to Rs 496 crore from Moneycontrol Business News https://ift.tt/jyCY3pG

Talking about the margin trajectory of the company, Harris stated that the growth has been driven by #39;operational levers#39; over the span of the last four years. from Moneycontrol Business News https://ift.tt/feCq3bB

India needs faceless audit, but faceless audit must, as it were, have a humane, functional institutional framework, and not leave tax-filing companies to struggle against a wall of impenetrable incomprehension from Moneycontrol Business News https://ift.tt/uPJOqwa

Aggregate RoCE in the September 2023 quarter was 9.4 percent, the highest since the March 2011 quarter, while debt was very low from Moneycontrol Business News https://ift.tt/YDwzuTx

Promoter’s personal guarantee first arose as an additional security for industrial loans made by banks and institutions in response to syphoning off funds and falsification of accounts by promoters. But over the years, it became a joke and now banks are putting in place stringent recovery systems from Moneycontrol Business News https://ift.tt/r20SdKY

The company#39;s wholly owned step-down subsidiary, Strides Pharma Global Pte. Limited, Singapore, has received approval. from Moneycontrol Business News https://ift.tt/XJlhoc1

OpenAI#39;s board fired Altman on Friday after a "breakdown of communications," according to an internal memo seen by Reuters. from Moneycontrol Business News https://ift.tt/mqvH8NT

From a fiscal year perspective, the brokerage said it expects growth to accelerate to 6.5 per cent for FY25 from the 6.2 per cent it has projected for the ongoing FY24, it added. from Moneycontrol Business News https://ift.tt/huAp4bD

While Safari is making the most of the opportunities, VIP remains in a weak spot from Moneycontrol Business News https://ift.tt/16sKrTW

It is perfectly acceptable for individuals who have significant financial rewards tied to long hours to voluntarily put in any number of hours they wish to. Individuals driven by a passion to make the world a better place are also known to work long hours. But to advocate such long hours for everyone is nothing short of an exhortation to return to the exploitative practices of the early days of the Industrial Revolution from Moneycontrol Business News https://www.moneycontrol.com/news/business/the-fight-for48-hour-week-shouldn’t-be-forgotten-by-those-demanding-unduly-long-work-hours_17335481.html

Expert expects to see derating in smaller PSBs as the surge in other income, the primary driver of superior RoE (return on equity) in FY23 could be transient. from Moneycontrol Business News https://ift.tt/XAxhW9O

It would be the first instance that a product manufactured by Honda Cars India Ltd (HCIL), a wholly-owned unit of the Japanese firm, will be exported to the highly regulated Japanese market. from Moneycontrol Business News https://ift.tt/uq4eKiT

The next wave of reforms to remove structural bottlenecks must shift its attention towards creating an environment of swift inquiries and prosecution from Moneycontrol Business News https://ift.tt/BZnrY8G

Fraser touted Citigroup’s clients in 160 countries and jurisdictions and emphasized their dependence on trade and supply chains, noting that “geopolitical and macroeconomic shocks that we’ve had of late” have made it harder to source and move manufactured goods. from Moneycontrol Business News https://ift.tt/e8R7wVL

The Directorate of Revenue Intelligence since 2016 has been trying to procure transaction documents related to Adani#39;s dealings from Singapore authorities. from Moneycontrol Business News https://ift.tt/LimtIvQ

A key change which prompted the rejig in plans and indeed opting for a ramp-up was introduction of the infrastructure investment trusts (Invits), Mahindra and Mahindra#39;s managing director and chief executive Anish Shah said. from Moneycontrol Business News https://ift.tt/9JjeA25

The deal, signed this month, will make JioCinema#39;s streaming app the "exclusive" India platform partner for more than 1,000 episodes and around 20 movies of the Japanese anime series, one of the sources said, without disclosing any financial details. from Moneycontrol Business News https://ift.tt/RT8ksPH

India#39;s largest gas distributor is offering two cargoes per month, from January to December, for loading from Sabine Pass on a free-on-board (FOB) basis. from Moneycontrol Business News https://ift.tt/sCmF3Yx

Gland Pharma believes that it is the only company with first to file for this product and may be eligible for 180 days of generic drug exclusivity. from Moneycontrol Business News https://ift.tt/O2nvmBA

Earlier, Dr Reddy#39;s Laboratories Ltd said the USFDA has issued a Form 483 with 10 observations for its biologics manufacturing facility located in Hyderabad#39;s Bachupally. from Moneycontrol Business News https://ift.tt/G9Pjc1z

Sonia Eland takes over from Michael Horton, who moves into a consulting role after a stint of close to 10 years, during which he helped establish HCLTech as a digital technology services partner in Australia and New Zealand, the company said in a release. from Moneycontrol Business News https://ift.tt/LahHV4j

"Proud to see the growing importance of Auto component suppliers from India in the Tesla EV supply chain. It is on its way to double its components imports from India," Goyal posted on X, earlier called Twitter, after visiting Tesla#39;s manufacturing facility at Fremont, California. from Moneycontrol Business News https://ift.tt/Q04D6jg

The Indian government is working on an electric vehicle policy that would allow international car manufacturers to import battery-powered vehicles on concessional duty rates if they commit to eventually building them in India, people familiar with the matter said. from Moneycontrol Business News https://ift.tt/DAaFYBk

"After our initial restructuring in April, it became clear that we needed to focus our resources even more on the areas that are growing with the highest potential to drive our business forward," said Christoph Hartmann, vice president of Amazon Games, in the Nov. 13 email. from Moneycontrol Business News https://ift.tt/Thxq6D7

Gurugram-based Signature Global had achieved sales bookings of Rs 3,430.58 crore in 2022-23, up 32 per cent from the previous year. from Moneycontrol Business News https://ift.tt/lg5AmBI

The announcement marked a welcome reprieve for India’s Adani Group following a damaging short-seller attack and a number of corporate fraud allegations leveled against it this year. from Moneycontrol Business News https://ift.tt/vpPhAR3

This fly-on-the-wall column peeps into the inner goings-on of Dalal Street, what stocks veteran bulls are eyeing, what bears are ganging up against, secret deals and more from Moneycontrol Business News https://www.moneycontrol.com/news/business/mc-pro-inside-edge-jeffrey-archer-twist-for-honasa-high-flying-mugul-d-street’s-toll-collector_17324471.html

Already the biggest buyer of the 777X, Emirates is poised to order a high double-digit number of the widebody, said the people, asking not to be identified discussing private negotiations. from Moneycontrol Business News https://ift.tt/3exP905