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-â-why-this-niche-nbfcâs-correction-merits-attention_17356101.html
In this website you will get all the news regarding about market of various countries and what to be the next prediction or status of market.
Thursday, November 30, 2023
Toyota Kirloskar Motor sales up 51% at 17,818 units in November
. 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/uhzdtLw
from Moneycontrol Business News https://ift.tt/uhzdtLw
Investing insights from a manager whose assets grew from Rs 113 crore to Rs 36,000 crore
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/Aw87Dbp
from Moneycontrol Business News https://ift.tt/Aw87Dbp
Tata Coffee gets board nod for Rs 450 crore investment for capacity expansion of its subsidiary
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/djS1UtW
from Moneycontrol Business News https://ift.tt/djS1UtW
France#39;s SMCP strikes deal with Reliance to expand into India
"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/NYQVBaM
from Moneycontrol Business News https://ift.tt/NYQVBaM
Wednesday, November 29, 2023
Bharti Telecom plans its biggest-ever rupee bonds
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 Telecomâs largest ever rupee issuance, according to data compiled by Bloomberg.
from Moneycontrol Business News https://ift.tt/HPXC5gV
from Moneycontrol Business News https://ift.tt/HPXC5gV
Tuesday, November 28, 2023
Gujaratâs marketing acumen can be a template for other states
The stateâs 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/gujaratâs-marketing-acumen-can-betemplate-for-other-states_17354051.html
from Moneycontrol Business News https://www.moneycontrol.com/news/business/gujaratâs-marketing-acumen-can-betemplate-for-other-states_17354051.html
India telecom tycoonâs firm plans its biggest-ever rupee bonds
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 Telecomâs largest ever rupee issuance, according to data compiled by Bloomberg.
from Moneycontrol Business News https://www.moneycontrol.com/news/business/india-telecom-tycoonâs-firm-plans-its-biggest-ever-rupee-bonds_17353881.html
from Moneycontrol Business News https://www.moneycontrol.com/news/business/india-telecom-tycoonâs-firm-plans-its-biggest-ever-rupee-bonds_17353881.html
Monday, November 27, 2023
HSBC taps UBS#39; Gautam Anand for key South Asia private banking role
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/a7sO2Kj
from Moneycontrol Business News https://ift.tt/a7sO2Kj
Europe is guzzling diesel from India, a key buyer of Russian oil
The regionâs imports of diesel from India, one of the biggest buyers of Russian crude, are on course to soar to 305,000 barrels a day, the most since at least January 2017, data from market-intelligence firm Kpler show.
from Moneycontrol Business News https://ift.tt/zPZUCpT
from Moneycontrol Business News https://ift.tt/zPZUCpT
Europe is guzzling diesel from India, a key buyer of Russian oil
The regionâs imports of diesel from India, one of the biggest buyers of Russian crude, are on course to soar to 305,000 barrels a day, the most since at least January 2017, data from market-intelligence firm Kpler show.
from Moneycontrol Business News https://ift.tt/KSztkWY
from Moneycontrol Business News https://ift.tt/KSztkWY
Tesla on two wheels? India#39;s Ola Electric feels the strains of success
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/oxXSl0P
from Moneycontrol Business News https://ift.tt/oxXSl0P
Sunday, November 26, 2023
Pitfalls Lie in Wait for Emerging Markets After Euphoric Month
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/azeJyAx
from Moneycontrol Business News https://ift.tt/azeJyAx
Friday, November 24, 2023
Moneycontrol Pro Weekender: The Wealth EffectÂ
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 _17349991.html
from Moneycontrol Business News https://www.moneycontrol.com/news/business/moneycontrol-pro-weekender-the-wealth-effect _17349991.html
Moneycontrol Pro Weekender: The Wealth EffectÂ
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
from Moneycontrol Business News https://www.moneycontrol.com/news/business/moneycontrol-pro-weekender-the-wealth-effect _17350001.html
Amazon hit by strikes, protests across Europe during Black Friday trade
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/AcoX8ln
from Moneycontrol Business News https://ift.tt/AcoX8ln
Fortis Healthcare to divest Fortis Malar Hospital to MGM Healthcare for Rs 128 crore
The aforesaid divestment is a part of Fortisâ 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/usA17to
from Moneycontrol Business News https://ift.tt/usA17to
Biocon bets big on new class of weight-loss drugs
Company aims to ramp up portfolio as key drugsâthat were actually formulated to treat diabetesâgo off patent
from Moneycontrol Business News https://ift.tt/Ooj4UNz
from Moneycontrol Business News https://ift.tt/Ooj4UNz
Thursday, November 23, 2023
Gland Pharma zooms 3.6% as US FDA ends inspection at Hyderabad plant
The inspection was held between 23rd August, 2023 and 26th August, 2023.
from Moneycontrol Business News https://ift.tt/vKCwGut
from Moneycontrol Business News https://ift.tt/vKCwGut
Senior fund manager Pankaj Tibrewal quits Kotak Mutual Fund to start own fund Â
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
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
Senior fund manager Pankaj Tibrewal resigns from Kotak Mutual Fund Â
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
from Moneycontrol Business News https://www.moneycontrol.com/news/business/senior-fund-manager-pankaj-tibrewal-resignskotak-mutual-fund _17346641.html
Wednesday, November 22, 2023
Lupin launches worldâs first fixed-dose triple combination drug for chronic lung disease
India has more than 37 million individuals struggling with COPD
from Moneycontrol Business News https://www.moneycontrol.com/news/business/lupin-launches-worldâs-first-fixed-dose-triple-combination-drug-for-chronic-lung-disease_17345101.html
from Moneycontrol Business News https://www.moneycontrol.com/news/business/lupin-launches-worldâs-first-fixed-dose-triple-combination-drug-for-chronic-lung-disease_17345101.html
Healthcare space leads in advertising violations, says ASCI report
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/B0iseIX
from Moneycontrol Business News https://ift.tt/B0iseIX
Mamaearth Q2 results: Profit doubles to Rs 30 crore
Mamaearth Q2 earnings: The D2C unicorn#39;s revenue rose 21 percent to Rs 496 crore
from Moneycontrol Business News https://ift.tt/79tun6x
from Moneycontrol Business News https://ift.tt/79tun6x
Revenue from non-Tata group cos growing at a faster rate: Warren Harris, Tata Tech MD
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/WhvIDKN
from Moneycontrol Business News https://ift.tt/WhvIDKN
Tuesday, November 21, 2023
Faceless audit needs a human face
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/3VhmC1Y
from Moneycontrol Business News https://ift.tt/3VhmC1Y
Chart of the Day: Strong balance sheets in Q2 should pave the way for capex
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/jnxCYW0
from Moneycontrol Business News https://ift.tt/jnxCYW0
Smoke, mirrors, and a chimera of promoter guarantees
Promoterâs 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/lrCWDho
from Moneycontrol Business News https://ift.tt/lrCWDho
Monday, November 20, 2023
Strides Pharma rallies after seizure drug receives US FDA approval
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/lygHGMj
from Moneycontrol Business News https://ift.tt/lygHGMj
OpenAI investors considering suing the board after CEO#39;s abrupt firing -sources
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/XwpRKur
from Moneycontrol Business News https://ift.tt/XwpRKur
GDP growth to dip marginally to 6.3 pc in 2024; political uncertainty in election year main risk: Report
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/V4Cwr09
from Moneycontrol Business News https://ift.tt/V4Cwr09
Rules of origin for medical devices sector remains a sticking point under India-UK proposed FTA
The bilateral trade between India and the UK increased to USD 20.36 billion in 2022-23 from USD 17.5 billion in 2021-22.
from Moneycontrol Business News https://ift.tt/YMhOHso
from Moneycontrol Business News https://ift.tt/YMhOHso
Should investors look at luggage stocks to ride travel and wedding tailwinds?
While Safari is making the most of the opportunities, VIP remains in a weak spot
from Moneycontrol Business News https://ift.tt/2ZBuUpy
from Moneycontrol Business News https://ift.tt/2ZBuUpy
Sunday, November 19, 2023
The fight for a 48-hour week shouldnât be forgotten by those demanding unduly long work hours
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-shouldnât-be-forgotten-by-those-demanding-unduly-long-work-hours_17335481.html
from Moneycontrol Business News https://www.moneycontrol.com/news/business/the-fight-for48-hour-week-shouldnât-be-forgotten-by-those-demanding-unduly-long-work-hours_17335481.html
Friday, November 17, 2023
Will the rally in small PSU bank shares sustain?
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/Ske1bFX
from Moneycontrol Business News https://ift.tt/Ske1bFX
Softbank offloads nearly Rs 740 crore worth of shares in Delhivery
With this deal, the total shareholding of SVF in Delhivery seems to have dropped to around 12 percent, now.
from Moneycontrol Business News https://ift.tt/Ihf3zVB
from Moneycontrol Business News https://ift.tt/Ihf3zVB
Made-in-India Honda Elevate to debut in Japan next year
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/eqNdo2H
from Moneycontrol Business News https://ift.tt/eqNdo2H
Thursday, November 16, 2023
Shifting Gears: Advancing from ease of starting to ease of running a business
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/R54mYdn
from Moneycontrol Business News https://ift.tt/R54mYdn
Citi to team up with Indian Bank to support female entrepreneurs, CEO Jane Fraser says
Fraser touted Citigroupâs clients in 160 countries and jurisdictions and emphasized their dependence on trade and supply chains, noting that âgeopolitical and macroeconomic shocks that weâve had of lateâ have made it harder to source and move manufactured goods.
from Moneycontrol Business News https://ift.tt/6oQaT9f
from Moneycontrol Business News https://ift.tt/6oQaT9f
India seeks to restart stalled Adani coal imports probe
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/ZrhBxzm
from Moneycontrol Business News https://ift.tt/ZrhBxzm
India#39;s semiconductor sector provides huge business opportunities to Micron: Piyush Goyal
The minister is in San Francisco for the Indo-Pacific Economic Framework (IPEF) meeting.
from Moneycontrol Business News https://ift.tt/DJjSVLw
from Moneycontrol Business News https://ift.tt/DJjSVLw
Wednesday, November 15, 2023
Reliance JioCinema signs up Pokemon in kids entertainment push
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/0Mx1WND
from Moneycontrol Business News https://ift.tt/0Mx1WND
GAIL India issues swap tender for 24 LNG cargoes in 2025
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/6aUtuYn
from Moneycontrol Business News https://ift.tt/6aUtuYn
Tuesday, November 14, 2023
USFDA flags cleanliness, procedural issues at Dr Reddy#39;s Bachupally unit in Hyderabad
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/d5Pnq4y
from Moneycontrol Business News https://ift.tt/d5Pnq4y
HCLTech names Sonia Eland as country manager for Australia, New Zealand operations
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/hmCJyu6
from Moneycontrol Business News https://ift.tt/hmCJyu6
Monday, November 13, 2023
Tesla about to double its components imports from India: Trade Minister Piyush Goyal
"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/WNrCEyg
from Moneycontrol Business News https://ift.tt/WNrCEyg
India weighs five-year tax cuts on EV imports to woo Tesla
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/QHBl2Vq
from Moneycontrol Business News https://ift.tt/QHBl2Vq
Amazon cuts games unit jobs in broader restructuring
"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/42rybK8
from Moneycontrol Business News https://ift.tt/42rybK8
Sunday, November 12, 2023
Signature Global aims 31% growth in sales bookings to Rs 4,500 crore during FY24
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/Rl4VOtX
from Moneycontrol Business News https://ift.tt/Rl4VOtX
MC Pro Inside Edge: Jeffrey Archer twist for Honasa, high flying Mugul, D-Streetâs toll collector
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-streetâs-toll-collector_17324471.html
from Moneycontrol Business News https://www.moneycontrol.com/news/business/mc-pro-inside-edge-jeffrey-archer-twist-for-honasa-high-flying-mugul-d-streetâs-toll-collector_17324471.html
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LTIMindtree Q4 Preview: Lower pass-through revenue seen impacting growth marginally
A compilation of estimates suggests the company#39;s Q4 FY24 net profit is projected to decline by 2.2 percent quarter on quarter to Rs 1,1...
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By BY BEN HUBBARD AND AURELIEN BREEDEN from NYT World https://ift.tt/3oyLkdW >
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By STEPHANIE SAUL from NYT U.S. https://nyti.ms/2WdcYAk >