Thursday, September 7, 2023

HCLTech bags contract from Siemens to drive cloud-led digital transformation

HCLTech bags contract from Siemens to drive cloud-led digital transformation According to a release, HCLTech will focus on automating the public cloud environment while adhering to Siemens#39; security standards.

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Vedanta plans to meet investors as it faces $2 billion debt bill

Vedanta plans to meet investors as it faces $2 billion debt bill The non-deal roadshow would take place as soon as next week, said some of the people, who asked not to be named because the matter is private. JPMorgan Chase Co. and Standard Chartered Plc are helping to organize the event, according to others.

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Muthoot Finance – Has it turned the corner?

Muthoot Finance – Has it turned the corner? Growth may resume but it will be accompanied with lower return ratios and a modest earnings trajectory

from Moneycontrol Business News https://www.moneycontrol.com/news/business/muthoot-finance-–-has-it-turnedcorner_17230721.html

Wednesday, September 6, 2023

India#39;s GAIL expects to source 20 to 25% of LNG on short-term or spot basis

India#39;s GAIL expects to source 20 to 25% of LNG on short-term or spot basis The rest will be via long-term contracts, Kumar told the Gastech industry conference in Singapore, adding that the company would tap spot markets to meet seasonal demand or volatility.

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India#39;s inclusive G20 presidency giving voice to many countries: Mahindra Group MD CEO Anish Shah

India#39;s inclusive G20 presidency giving voice to many countries: Mahindra Group MD CEO Anish Shah The power of India#39;s G20 presidency is reflected in a series of comprehensive actions taken that will create solutions that can be taken across the world but going forward, the multi-nation forum will need to tackle global issues such as debt restructuring of countries in debt, high inflation and agreement on timelines for climate mitigation measures, he said.

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Tata seeks control of Haldiram#39;s, snack maker wants $10 billion valuation

Tata seeks control of Haldiram#39;s, snack maker wants $10 billion valuation Tata Consumer Products, which owns UK tea company Tetley and has a partnership with Starbucks in India, is negotiating the stake purchase, the sources said.

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IMAX’s India blockbuster: To surpass 2022 box office numbers, scope for 100 screens

IMAX’s India blockbuster: To surpass 2022 box office numbers, scope for 100 screens Nine of the top 10 highest-grossing films in India for IMAX this year were Hollywood films. Christopher Nolan#39;s Oppenheimer had the highest traction with over Rs 40 crore, followed by Avatar: The Way of Water.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/imax’s-india-blockbuster-to-surpass-2022-box-office-numbers-scope-for-100-screens_17230741.html

Muthoot Finance – Are all the woes behind?

Muthoot Finance – Are all the woes behind? Growth may resume but it will be accompanied with lower return ratios and a modest earnings trajectory

from Moneycontrol Business News https://www.moneycontrol.com/news/business/muthoot-finance-–-are-allwoes-behind_17230721.html

Tuesday, September 5, 2023

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

Morning Scan: All the big stories to get you started for the day A round-up of the biggest articles from newspapers

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India a priority market with limitless possibilities: Meta India head Sandhya Devanathan

India a priority market with limitless possibilities: Meta India head Sandhya Devanathan Devanathan, who is the Vice President of Meta in India, also spoke of the company#39;s determination to crack down on misinformation on the platform and outlined how it is harnessing AI (Artificial Intelligence) to pro-actively curb hateful content.

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India raised stature of G20, gave recognition to its ability to influence people in the world: RC Bhargava

India raised stature of G20, gave recognition to its ability to influence people in the world: RC Bhargava No other nation has taken the opportunity like India did to showcase its development, raise the profile of the country and also to use the G20 platform to make a lot of changes, and improvements in attitudinal differences in different parts of the country under the leadership of Prime Minister Narendra Modi, Bhargava told PTI.

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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...