Thursday, May 19, 2022

Elon Musk’s Twitter deal proceeding, not #39;on hold#39;, Executives tell staff

Elon Musk’s Twitter deal proceeding, not #39;on hold#39;, Executives tell staff Vijaya Gadde, Twitter’s top lawyer and head of policy, also told workers at an all-hands meeting that there is “no such thing as a deal being on hold,” according to people who attended the meeting. She was pushing back on claims from Elon Musk over the past week that he is pausing the deal while he learns more about the number of bots and spam accounts on the social-media service.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/elon-musk’s-twitter-deal-proceeding-not-39on-hold39-executives-tell-staff_16404141.html

Oil steady as economic worries offset possible China demand rise

Oil steady as economic worries offset possible China demand rise Brent futures for July delivery fell 36 cents, or 0.3 percent, to $111.68 a barrel by 0015 GMT, while US West Texas Intermediate (WTI) crude fell 36 cents, or 0.3 percent, to $111.85 on its last day as the front-month.

from Moneycontrol Business News https://ift.tt/aL0WbcF

Elon Musk says #39;Tesla is on my mind 24/7#39; amid concerns about Twitter distraction

Elon Musk says #39;Tesla is on my mind 24/7#39; amid concerns about Twitter distraction Tesla shares have lost one third of their value since the billionaire disclosed his stake in Twitter in early April and sold $8.5 billion worth of Tesla stocks in a move seen to help finance his $44-billion Twitter deal.

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

Why investors should still avoid Manappuram Finance after its sharp correction

Why investors should still avoid Manappuram Finance after its sharp correction While the stock of Manappuram Finance prima facie offers value, we will wait for definitive signs of improvement, as we are more concerned about the company’s ability to stay ahead of competition

from Moneycontrol Business News https://ift.tt/6IqlgU0

Explained: Why is Wall Street close to a bear market?

Explained: Why is Wall Street close to a bear market? The stock market’s skid this year has pulled the SP 500 close to what’s known as a bear market. Rising interest rates, high inflation, the war in Ukraine and a slowdown in China’s economy have caused investors to reconsider the prices they’re willing to pay for a wide range of stocks, from high-flying tech companies to traditional automakers.

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

Wednesday, May 18, 2022

India getting back to age of controlling one-fourth of global economy: Karan Adani

India getting back to age of controlling one-fourth of global economy: Karan Adani While speaking at Amazon Smbhav 2022, son of Asia#39;s richest man Gautam Adani, said that there is fire in the belly of Micro, Small and Medium Enterprises (MSMEs) in rural India and tier 2 or 3 three cities where there is need to improve technical infrastructure to tap into the firepower the country has for growth.

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

India getting back to age of controlling one-fourth of global economy: Karan Adani

India getting back to age of controlling one-fourth of global economy: Karan Adani While speaking at Amazon Smbhav 2022, son of Asia#39;s richest man Gautam Adani, said that there is fire in the belly of Micro, Small and Medium Enterprises (MSMEs) in rural India and tier 2 or 3 three cities where there is need to improve technical infrastructure to tap into the firepower the country has for growth.

from Moneycontrol Business News https://ift.tt/h1bHOYz

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

from Moneycontrol Business News https://ift.tt/5wyWMG1

Delhi govt likely to flag off nearly 100 electric buses next week: Officials

Delhi govt likely to flag off nearly 100 electric buses next week: Officials The government has received a batch of over 100 electric buses, they said.

from Moneycontrol Business News https://ift.tt/Ihybz3w

AI, data key differentiators for enterprises: Tata Group Chairman

AI, data key differentiators for enterprises: Tata Group Chairman N Chandrasekaran said that the past couple of years has been a period of intense action and reflection with a global pandemic, geopolitical tensions, supply chain disruptions, the rise of cryptocurrency and much other public and private upheavals.

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

Why the best is yet to come for luggage companies

Why the best is yet to come for luggage companies Both these entities have strong balance sheets and we expect healthy earnings CAGR for VIP and Safari in the coming two years

from Moneycontrol Business News https://ift.tt/JT1FotO

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...