Category: Stocks

Pernod Ricard From tax notices to allegations of illegally boosting market share, French liquor giant Pernod Ricard is facing several business and regulatory challenges in India, one of its key growth markets. The maker of Chivas Regal and Absolut vodka is the second-largest spirits company globally and in India. It accounts for 17% of the […]

Regulating corporate governance by rules is like regulating morality by law. It will rarely be wholly successful and what’s worse will be followed in letter than in the supposed spirit The law itself is arbitrary, vaguely drafted and has become quite convoluted in an attempt to plug as many holes as possible. (Representational image) Highlights: […]

A round-up of the biggest articles from newspapers Retail inflation cools to 0ne-year low in December, factory output rebounds in November India´s factory output rose to a five-month high in November, mainly due to a favorable base effect, and retail inflation eased marginally to a 12-month low in December, as food prices cooled. The Consumer […]

A round-up of the biggest articles from newspapers Law ministry to give opinion on spectrum allocation for private captive networks The telecom department will seek the opinion of the law ministry over allocation of spectrum to enterprises for rolling out private captive networks. The department will ask if spectrum can be given administratively or through […]

As India imposes high import duties on semiconductor, it is more cost effective for Indian firms to build a local chip plant, Powerchip Chairman Frank Huang said (Representative image. Source: Shutterstock) Powerchip Semiconductor Manufacturing Corporation, a Taiwanese chipmaker, is in preliminary talks with several Indian conglomerates to help build new chip plants in the country, it […]

With a loan book of over Rs 500 crore, TruCap aims to build social capital by providing small ticket gold loans and business loans to MSME borrowers. Representative image. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ // $ (‘#greentxt_’+articleId).removeClass(“greentxt”).addClass(“redtxt”); // $ (‘.arw_green’).removeClass(“arw_green”).addClass(“arw_red”); //} if(resData[stkKey][‘percentchange’] >= […]

The sheer novelty of new locations in an offsite and informal approach often help bring new thoughts, new angles to reaching common goals and above all break down walls of communication Sanjay Swamy January 12, 2023 / 05:33 PM IST Offsites are a place where team members can hold healthy brainstorming on topics and issues […]

File image of a Sun Mobility batter factory (Representative image. ) SUN Mobility on January 12 launched SwapX, a sleek and compact, fully automated battery-swapping solution for Urban Electric Mobility. The company also launched its next generation of Battery Pack – S2.1, offering a higher battery power with 45 percent more range. SwapX is a […]

The Maharashtra government has decided to retain the flyover for visitors to see migratory birds including flamingos that frequent the Sewri mudflats. (Image: lntecc.com) The Mumbai Trans-Harbour Link (MTHL) bridge will be opened for traffic in November 2023, said Maharashtra Chief Minister Eknath Shinde on January 11. About 90 percent of civil work on project has […]

The company unveiled its SwapX compact battery swapping station at the Auto Expo 2023 here, with an aim to enable individuals to become franchisees as it looks to accelerate expansion of network. PTI January 12, 2023 / 11:08 AM IST Representative image. Sun Mobility, an energy infrastructure and services provider for electric mobility, on Thursday […]

The acquisition of Adara a big plus for RateGain, but investors should look for a better entry point, given the current gyration in technology stocks (Image: Representative AFP) PRO Only Highlights–  Quarterly performance largely backed by improved realisations–  Medium-term triggers China plus and protectionist measures for tyre industry–  Valuations not inexpensive; but improved medium-term outlook […]

Pursuing a simple idea ferociously is the key to success in business and investing Representative image. Highlights In investment, you have to find where you have an edge It’s best to pursue that edge seriously For EPC companies, the ones that fail do not have a focus either on project selection, on execution or […]

The company at the event unveiled three two-wheelers under Ampere brand series — Ampere Primus, Ampere NXG and a multi-utility scooter Ampere NXU which can be also used for deliveries. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ // $ (‘#greentxt_’+articleId).removeClass(“greentxt”).addClass(“redtxt”); // $ (‘.arw_green’).removeClass(“arw_green”).addClass(“arw_red”); //} if(resData[stkKey][‘percentchange’] […]

The roadshows, to be held till February 2, will be organised by the UP State Industrial Development Authority (UPSIDA), an official release said on Wednesday. PTI January 11, 2023 / 11:06 AM IST UP CM Yogi Adityanath The Uttar Pradesh government will organise roadshows at divisional headquarters from January 15 to garner investments from local […]

The CBI on Wednesday launched a crackdown on alleged corruption in the Food Corporation of India, conducting searches at 50 locations in Punjab, Haryana and Delhi after arresting a DGM-ranked officer, officials said. PTI January 11, 2023 / 01:24 PM IST The CBI on Wednesday launched a crackdown on alleged corruption in the Food Corporation […]

Representative Image Funding for Indian startups dropped by 33 per cent to USD 24 billion in 2022 as compared to the previous year though it was nearly double the amount recorded in 2019 or 2020, said a PwC India report on Wednesday. Global investors were still positive about the Indian startup ecosystem despite the global […]

Hindalco Industries Ltd. is looking to sell a bond for as much as 7 billion rupees ($ 86 million), according to an exchange filing on Wednesday. If the transaction goes ahead, it would the firm’s first bond sale since 2012, Bloomberg-compiled data show. January 11, 2023 / 02:21 PM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] […]