Thursday, April 20, 2023

Can Manappuram Finance shine even in face of headwinds?

Can Manappuram Finance shine even in face of headwinds? The makeover will turn the erstwhile pure gold financier into a riskier business model

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Wednesday, April 19, 2023

Fund Managers still shy of ramping up Adani bet

Fund Managers still shy of ramping up Adani bet Investments by local equity mutual funds in the group accounted for only 0.9 percent of the industryĆ¢€™s $182 billion in assets at the end of March, according to data compiled by Bloomberg

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GlobalFoundries sues IBM, says trade secrets were unlawfully given to Japan#39;s Rapidus

GlobalFoundries sues IBM, says trade secrets were unlawfully given to Japan#39;s Rapidus New York-based GlobalFoundries said in its complaint that IBM had shared IP and trade secrets with Rapidus, a new state-backed Japanese consortium that IBM is working with to develop and produce cutting-edge two-nanometre chips.

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Corporate funding in global solar sector grows 11% to $8.4 billion in January-March: Mercom report

Corporate funding in global solar sector grows 11% to $8.4 billion in January-March: Mercom report Corporate funding includes venture capital, debt and public market financing.

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Audi India reports over two-fold jump in sales in January-March quarter

Audi India reports over two-fold jump in sales in January-March quarter The company had sold 862 units in the first quarter of 2022.

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Wipro employees need to undergo retraining or get terminated, NITES alleges

Wipro employees need to undergo retraining or get terminated, NITES alleges In training instructions shared with candidates, Wipro has warned that if new hires do not clear its Project Readiness Program (PRP) with an overall score of at least 60 percent, they will be terminated immediately.

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Tuesday, April 18, 2023

Indian taxi startup BluSmart picks EV fight with Uber

Indian taxi startup BluSmart picks EV fight with Uber A clean energy push by Prime Minister Narendra Modi#39;s government is expected to significantly change India#39;s transport industry in years ahead, with major implications for ride-hailing firms.

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Deal activity slows down by 35% to $9.7 billion amid looming recession fears

Deal activity slows down by 35% to $9.7 billion amid looming recession fears The main reason for the poor show was the tepid IPO market, which plunged to $84.4 million from $1 billion in Q1 of 2022.

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New Delhi city refuses to renew Pernod#39;s liquor sale licence, cites probes

New Delhi city refuses to renew Pernod#39;s liquor sale licence, cites probes The April 13 order from city authorities, seen by Reuters and not previously reported, said the decision was reached after reviewing Pernod#39;s licence application along with "considerable documents" received from investigating agencies in India.

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Sterling and Wilson bags orders worth Rs 1,080 crore

Sterling and Wilson bags orders worth Rs 1,080 crore While one order is from Chhattisgarh State Power Distribution Company Ltd (CSPDCL) in Rajnandgaon district, Chhattisgarh, two others are from South Bihar Power Distribution Company Ltd (SBPDCL) in Nalanda (also covering districts in Nawada) and Gaya.

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IHCL announces signing two new hotels in Dhaka

IHCL announces signing two new hotels in Dhaka The Taj and Vivanta branded hotels will be part of an integrated complex that will also include hi-end retail. These are greenfield projects.

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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...