Wednesday, May 24, 2023

Dentons grows in India as Baker McKenzie, others weigh new rules

Dentons grows in India as Baker McKenzie, others weigh new rules The deal, which involves no transfer of money, ownership or foreign lawyers, remained unaltered after it was first announced in October — even after India relaxed rules to allow foreign lawyers and firms to practice in the country.

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Tuesday, May 23, 2023

Dentons grows in India as Baker McKenzie, others weigh new rules

Dentons grows in India as Baker McKenzie, others weigh new rules The deal, which involves no transfer of money, ownership or foreign lawyers, remained unaltered after it was first announced in October — even after India relaxed rules to allow foreign lawyers and firms to practice in the country.

from Moneycontrol Business News https://ift.tt/a02RnQg

Anil Agarwal’s Vedanta raises about $850 million via JPMorgan, Oaktree Loan

Anil Agarwal’s Vedanta raises about $850 million via JPMorgan, Oaktree Loan The Indian mining company inked a five-year deal with JPMorgan Chase Co. and Oaktree, according to people familiar with the matter, who asked not to be named because the matter is private.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/anil-agarwal’s-vedanta-raises-about-36850-million-via-jpmorgan-oaktree-loan_17023781.html

DLF Chairman Rajiv Singh wealthiest Indian real estate entrepreneur with fortune of Rs 59,030 crore: Report

DLF Chairman Rajiv Singh wealthiest Indian real estate entrepreneur with fortune of Rs 59,030 crore: Report With a wealth of Rs 42,270 crore, Mangal Prabhat Lodha and his family of Macrotech Developers (Lodha Group) is at the second position.

from Moneycontrol Business News https://ift.tt/ANx5Q08

Zoom raises full-year forecasts despite slowing growth

Zoom raises full-year forecasts despite slowing growth Zoom has raised its full-year revenue and profit forecasts, defying a slowdown in growth following the pandemic boom and facing tough economic conditions, according to Reuters. Despite an initial rally, the company#39;s shares pared gains to a 0.7 percent increase after-market hours.

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Sudden reduction of subsidy of electric two-wheelers may lead to major decline in EV adoption: SMEV

Sudden reduction of subsidy of electric two-wheelers may lead to major decline in EV adoption: SMEV Startup players in the electric mobility space, however, welcomed the government#39;s decision saying it was time for the EV industry to stand on its own.

from Moneycontrol Business News https://ift.tt/kO7C5wd

INDIAai working groups likely to submit AI framework soon: Report

INDIAai working groups likely to submit AI framework soon: Report Apart from establishing a regulatory framework the working groups also seek to bolster India#39;s push for AI by evaluating methods for capacity building, skilling and promoting startups in AI.

from Moneycontrol Business News https://ift.tt/KaN1kIC

Monday, May 22, 2023

Safari Industries — Can the stock continue to fly?

Safari Industries — Can the stock continue to fly? With an unprecedented surge in travel, multiple growth levers are at play for this luggage company

from Moneycontrol Business News https://www.moneycontrol.com/news/business/safari-industries-—-canstock-continue-to-fly_17021021.html

Adani stocks head for best day since Hindenburg report

Adani stocks head for best day since Hindenburg report The 10 Adani stocks have added about $10 billion to their market value in today’s session so far, poised to be the biggest increase since Hindenburg’s scathing report in January.

from Moneycontrol Business News https://ift.tt/cEOAw1K

Lenders, housing, housing-related stocks, the best way to play investment upcycle

Lenders, housing, housing-related stocks, the best way to play investment upcycle Real estate continues to be the bigger driver of household investments, and household investments dominates growth in capital formation in the country

from Moneycontrol Business News https://ift.tt/7QTHd8F

Sunday, May 21, 2023

RateGain – Will this SAAS player continue to outperform?

RateGain – Will this SAAS player continue to outperform? Sectoral tailwinds are strong and the company’s operating leverage benefit should result in a meaningful earnings traction

from Moneycontrol Business News https://www.moneycontrol.com/news/business/rategain-–-will-this-saas-player-continue-to-outperform_17019331.html

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...