Friday, August 18, 2023

Moneycontrol Pro Weekender | Hope floats consumers’ boats 

Manas Chakravarty RBI consumer confidence survey#39;s Current Situation index has been in pessimistic territory since 2017

from Moneycontrol Business News https://www.moneycontrol.com/news/business/moneycontrol-pro-weekender-|-hope-floats-consumers’-boats _17211541.html

Moneycontrol Pro Weekender | Hope floats consumers’ boats 

Manas Chakravarty RBI consumer confidence survey#39;s Current Situation index has been in pessimistic territory since 2017

from Moneycontrol Business News https://www.moneycontrol.com/news/business/moneycontrol-pro-weekender-|-hope-floats-consumers’-boats _17211551.html

MM gets Rs 14.3 lakh penalty notice for incorrect input tax credit claim by erstwhile arm

MM gets Rs 14.3 lakh penalty notice for incorrect input tax credit claim by erstwhile arm In a regulatory filing, the company said, based on its assessment, prevailing law and the advice of the counsel, it is hopeful of a favourable outcome at the appellate level.

from Moneycontrol Business News https://ift.tt/S0WgLyG

MM gets Rs 14.3 lakh penalty notice for incorrect input tax credit claim by erstwhile arm

MM gets Rs 14.3 lakh penalty notice for incorrect input tax credit claim by erstwhile arm In a regulatory filing, the company said, based on its assessment, prevailing law and the advice of the counsel, it is hopeful of a favourable outcome at the appellate level.

from Moneycontrol Business News https://ift.tt/zT6liLR

Thursday, August 17, 2023

Abu Dhabi#39;s TAQA evaluating upto $2.5 billion investment in Adani#39;s power business

Abu Dhabi#39;s TAQA evaluating upto $2.5 billion investment in Adani#39;s power business The investment, anywhere between $1.5 billion to $2.5 billion, could be made in single or multiple group businesses, including picking up a near-20% stake in Adani Energy Solutions the report said.

from Moneycontrol Business News https://ift.tt/Y5OZE6d

US Steel is up for sale, but Indian companies aren’t buying

US Steel is up for sale, but Indian companies aren’t buying India’s top private sector steel makers like JSW, Tata Steel and ArcelorMittal have all learnt their lessons from some ill-advised globalization attempts in the past which later came up against regulatory changes 

from Moneycontrol Business News https://www.moneycontrol.com/news/business/us-steel-isfor-saleindian-companies-aren’t-buying_17208571.html

PM-eBus Sewa to act as catalyst for EV promotion across urban centres: SMEV

PM-eBus Sewa to act as catalyst for EV promotion across urban centres: SMEV "Buses being a pivotal source of urban pollution, the decision will help substantially reduce pollution levels and consequential carbon emissions," SMEV Director General Sohinder Gill said in a statement.

from Moneycontrol Business News https://ift.tt/zfTaE8l

Gogoro, Swiggy join hands for EV adoption in last-mile delivery

Gogoro, Swiggy join hands for EV adoption in last-mile delivery Gogoro and Swiggy will provide a seamless path for riders to adopt sustainable electric transportation and improve their business efficiency, Gogoro Founder and CEO Horace Luke said.

from Moneycontrol Business News https://ift.tt/EUXw1f4

Seeing positive trends in travel, continue to invest in technology at steady pace: MakeMyTrip Group CTO

Seeing positive trends in travel, continue to invest in technology at steady pace: MakeMyTrip Group CTO "Over the last few years, we have expanded beyond our usual B2C space, and have become a travel platform, offering travel products to channels outside of our popular, consumer-facing, travel super-app," Mohan told PTI, citing new features such as myBiz for corporate, myPartner for travel agents and myAffiliate for affiliate partners.

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

Inox Wind promoters infuse Rs 500 crore for debt repayment

Inox Wind promoters infuse Rs 500 crore for debt repayment The funds were raised by way of equity share sale of Inox Wind by its promoter and promoter group entities through block deals on the stock exchanges, a regulatory filing said.

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

Wednesday, August 16, 2023

EaseMyTrip – Growth at the cost of profitability as competition hots up

EaseMyTrip – Growth at the cost of profitability as competition hots up Balance sheet is likely to worsen and sustaining premium valuation may remain a challenge

from Moneycontrol Business News https://www.moneycontrol.com/news/business/easemytrip-–-growth-atcostprofitability-as-competition-hots-up_17207081.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...