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In December 2023, the company#39;s retail sales were 4,400 units, up 13 per cent from the year-ago month, MG Motor India said in a statement. from Moneycontrol Business News https://ift.tt/IDlbLJ9

The company#39;s committee of directors for bonds, in their meeting on July 29, 2023, approved the raising of up to Rs 5,700 crore in FY 23-24 in multiple tranches to part finance its capex requirement, for providing inter corporate loan(s) to wholly owned subsidiaries/JVs and for general corporate purposes, according to a regulatory filing. from Moneycontrol Business News https://ift.tt/sEqnKxF

Rushikesh Patel was responding to queries based on news reports suggesting that the US-based electric vehicle maker was planning to set up a manufacturing plant in Gujarat. from Moneycontrol Business News https://ift.tt/RchrC3A

"Talks are underway and we aim to bring all countries on board," the official said, without giving a timeline on the launch of the new policy. from Moneycontrol Business News https://ift.tt/59N1KAp

India telecom news: Given the sustained rally in the share price of the company in the past six months potential investors feel that there may not be much upside left for a convertible structure transaction. from Moneycontrol Business News https://www.moneycontrol.com/news/business/how-80-jumpvodafone-idea’s-share-price-may-delay-its-fundraising-plan_17381861.html

The company has made the investment through its Singapore-based subsidiary Foxconn Singapore Pte Limited. from Moneycontrol Business News https://ift.tt/ufYVZNP

In a statement, AGEL said it completed "1,050 MW joint venture (JV) with TotalEnergies. As part of the JV, TotalEnergies invested USD 300 million in AGEL subsidiary, for acquiring 50% stake in the projects." from Moneycontrol Business News https://ift.tt/KG3XVQB

Robust economic growth, an infrastructure push and a pause in interest-rate increases have helped propel its equity market to successive highs. from Moneycontrol Business News https://ift.tt/a7Pnbv5

The green energy arm of billionaire Gautam Adani’s coal-to-airports conglomerate signed a 25-year contract with Solar Energy Corp. of India, or Seci, for the remaining 1.8 gigawatts, it said Monday. from Moneycontrol Business News https://ift.tt/lak3gut

The scope comprises a mix of equipment supply with limited scope EPC (engineering procurement construction) for 180 MW and end-to-end turnkey execution for 99 MW, a company statement said. from Moneycontrol Business News https://ift.tt/IDgQkTp

AIK Pipes and Polymers sets IPO price at Rs 89 per share; public subscription to open from December 26-28. from Moneycontrol Business News https://ift.tt/9dOM4CK

Karnataka State Road Transport Corporation plans to convert unused Peenya bus terminus into a cargo terminal from Moneycontrol Business News https://ift.tt/LjsXmJe

Credit growth is expected to be strong and there is stability in margin and credit cost from Moneycontrol Business News https://ift.tt/wgEdaTM

The real problem turns out to be receivables—the money owed to them for goods or services rendered, which had yet to be settled by their buyers. Also, GST refunds getting stuck. And big business – the principal buyer for products and services of MSMEs – was often the key culprit from Moneycontrol Business News https://ift.tt/WeSMnIR

The the Subject Expert Committee of the Central Drugs Standard Control Organisation recommended a precautionary measure, suggesting that the FDC should not be administered to children below 4 years from Moneycontrol Business News https://ift.tt/gaNlS54

Aurobindo Pharma shares hit their record high of Rs 1,081.95 a piece around 1 pm today, December 20. from Moneycontrol Business News https://ift.tt/vhCpwLG

Accenture earnings report flags the pockets of concern, going forward from Moneycontrol Business News https://ift.tt/uvpSsXV

As per IQVIA, MAT September, 2023 data, sales for these brands was at Rs 207.8 Crores. from Moneycontrol Business News https://ift.tt/zmUxDRw

The US firm kicked off 2023 with allegations of accounting fraud and stock manipulation against Indian billionaire Gautam Adani’s conglomerate that led to a market value erosion of more than $150 billion at one point. from Moneycontrol Business News https://www.moneycontrol.com/news/business/hindenburg’s-adani-icahn-calls-mark-yearprominent-bets_17374331.html

The drugmaker#39;s India legal team held discussions with IndiaMART#39;s top executives to develop a "framework" for regularly alerting the online marketplace about listings by counterfeiters in an effort to curtail illegal sales, the source said on condition of anonymity. from Moneycontrol Business News https://ift.tt/fw1I2Ra

Sugarcane and mustard fields, not peat bogs, ring the distillery, where the two-year-old Indian brand#39;s owner Piccadily is ramping up production and building a three-hole golf course to lure connoisseurs and tipplers in the whisky-loving nation. from Moneycontrol Business News https://ift.tt/s2XAwhS

The #39;Capital Raising Committee#39; has approved a proposal to raise tranche I of Basel III compliant Tier II bonds with a base issue size of Rs 1,000 crore with a green-shoe option to retain oversubscription of up to Rs 1,500 crore, it said in a BSE filing. from Moneycontrol Business News https://ift.tt/hOvZFf4

This is India#39;s largest private port operator#39;s second partnership with container terminal businesses company Terminal Investment, a unit of Swiss-based MSC. from Moneycontrol Business News https://ift.tt/DPHnT9x

The filing attached an order of the National Company Law Tribunal#39;s Mumbai bench in the matter of application filed by the resolution professional of Reliance Communications (RCom), seeking approval from the NCLT for undertaking the sale of certain unencumbered assets of the company. from Moneycontrol Business News https://ift.tt/7fgxvuB

In a monthly report, the IEA projected that India#39;s oil product demand growth would slow to 2.5% next year from 4.1% in 2023. from Moneycontrol Business News https://ift.tt/VmZ4F1J

The bigger problem with the way countries are implementing Basel III regulations is that nobody’s looking out for the interests of borrowers outside their own borders. That hurts everyone — borrowers, lenders, developing countries, and even the planet from Moneycontrol Business News https://ift.tt/aHu4d7j

."We see ourselves; TiE Silicon Valley is the gateway for the global entrepreneur. A bulk of those global entrepreneurs are coming from India," Anita Manwani, president of TiE (The Indus Entrepreneurs) Silicon Valley told PTI in a recent interview. from Moneycontrol Business News https://ift.tt/PSVQ834

."We see ourselves; TiE Silicon Valley is the gateway for the global entrepreneur. A bulk of those global entrepreneurs are coming from India," Anita Manwani, president of TiE (The Indus Entrepreneurs) Silicon Valley told PTI in a recent interview. from Moneycontrol Business News https://ift.tt/I7hytVH

It is perhaps poetic justice that a basic lesson of leadership should come from the hallowed portals of one of the most revered academic institutions and business schools in the world. from Moneycontrol Business News https://ift.tt/3k0xeEA

The issue of Titagarh Rail Systems Ltd (TRSL), formerly known as Titagarh Wagons Ltd, opened on December 7 and closed on Tuesday. from Moneycontrol Business News https://ift.tt/5jlCFZs

beatXP, which sells fitness technology products, claims to have registered sales of only Rs 22 crore during the September-November festive season a year ago. from Moneycontrol Business News https://ift.tt/uj1L8B6

While the year-on-year IIP growth figures for October 2023 are very strong for all sectors, the same can’t be said for month-on-month growth from Moneycontrol Business News https://ift.tt/LRzlOEA

As per the US Food and Drug Administration (USFDA), Form 483 is issued to a firm#39;s management at the conclusion of an inspection when the investigator has observed any conditions that may constitute violations of the Food Drug and Cosmetic (FDC) Act and related Acts. from Moneycontrol Business News https://ift.tt/NBVYmJL

The facility, to be commissioned by July 2025, will initially produce 25,000 tonnes of the aluminium foil which forms the backbone of lithium-ion and sodium-ion cells, Hindalco Industries said. from Moneycontrol Business News https://ift.tt/tEWQS1y

In April 2016, PMC’s engineering business was folded into Howe, according to court filings. Howe has remained an Adani contractor for some of the largest ports and railway lines presently under construction in India, recent filings analyzed by Bloomberg show. from Moneycontrol Business News https://ift.tt/QgA8s5X

The value of India investments across six of GQG’s funds jumped to $9.9 billion compared with $4.4 billion a year earlier, according to data compiled by Bloomberg from latest regulatory filings and information on the Florida-based investor’s website. from Moneycontrol Business News https://www.moneycontrol.com/news/business/rajiv-jain-led-gqg’s-3610-billion-india-bet-has-winning-picks-beyond-adani_17366001.html

Shares of the carrier, which is navigating financial turbulence, jumped more than 8 per cent in the morning trade on the BSE. from Moneycontrol Business News https://ift.tt/Z9mjhoP

Zydus Worldwide DMCC, a wholly-owned subsidiary, and Daewoong Pharmaceutical Co Ltd have entered into an exclusive licensing agreement to co-develop and commercialise Leuprolide Acetate for depot suspension in six dosage strengths for the US market, Zydus Lifesciences said in a regulatory filing. from Moneycontrol Business News https://ift.tt/7JxCRBY

We expect calendar 2024 to be an eventful but volatile year, that should give investors ample opportunity to buy the lows from Moneycontrol Business News https://www.moneycontrol.com/news/business/nifty-at-21k-–-time-to-buy-more-or-bookgains_17365401.html

Climate change is a real problem businesses have to grapple with on the ground and companies need to make plans to cope, rather than wait for governments to take action from Moneycontrol Business News https://ift.tt/w6BvTlp

Adani Green Energy Ltd., part of billionaire Gautam Adani’s empire, will redeem the notes in full by the due date, it said in a filing to the Singapore stock exchange. It said the bond’s underwriters will provide a funding letter for $675 million. The filing also lists $75.47 million in restricted reserves. from Moneycontrol Business News https://ift.tt/XsZrKjf

Tata wants to construct the factory in Hosur in the southern Tamil Nadu state, according to people with knowledge of the matter. from Moneycontrol Business News https://www.moneycontrol.com/news/business/tata-plans-new-iphone-factory-to-hasten-apple’s-india-expansion_17363271.html

India#39;s largest private port operator Adani Ports and Special Economic Zone is in early talks to acquire real-estate conglomerate Shapoorji Pallonji Group#39;s Gopalpur ports in Odisha for about 11-12 billion rupees ($132-$144 mln), newspaper daily The Economic Times reported on Thursday. from Moneycontrol Business News https://ift.tt/X5ujBhr

The sharp rebound in listed stocks of Indian billionaire Gautam Adani has proved to be a windfall for the emerging-market investor, just nine months after his firm GQG Partners Inc. bought into the Indian conglomerate. from Moneycontrol Business News https://www.moneycontrol.com/news/business/adani-group’s-3679-billion-rally-makeswinnergqg’s-rajiv-jain_17362311.html

Apple has informed component suppliers of its preference to source batteries for the forthcoming iPhone 16 from Indian factories, the Financial Times reported on Wednesday. from Moneycontrol Business News https://ift.tt/hIH7ydp

Alternative funds will continue to be the fastest-growing segment of India’s investment landscape. This growth was made possible by light-touch regulation: As conduits of foreign capital into the country, the industry has enjoyed a lot of latitude. But now that the local saver is getting entangled, expect an end to private funds’ freewheeling ways from Moneycontrol Business News https://www.moneycontrol.com/news/business/the-murky-usesindia’s-private-credit-funds_17361191.html

Allegations in a scathing report by US-based Hindenburg Research, which erased around $100 billion from the Adani Group’s market value earlier this year, were front and center as the International Development Finance Corp., or DFC, conducted a due diligence investigation of the conglomerate, an official from the US agency told Bloomberg. from Moneycontrol Business News https://ift.tt/3ns79NM

Focusing on the Indian market before exploring foreign expansion is both in the “national interest and economic interest” for the company, Chief Executive Officer Amit Singh told Bloomberg Television at the United Nations COP28 climate summit in Dubai on Monday. from Moneycontrol Business News https://www.moneycontrol.com/news/business/adani’s-clean-power-arm-to-invest-3622-billion-towards-2030-goal_17359401.html

"The aggregate holdings of BlackRock, Inc. (on behalf of discretionary management clients) in Suzlon Energy Limited has moved above 5 per cent," a regulatory filing has said. from Moneycontrol Business News https://ift.tt/6tjYzFq