Page 36 - Latest News
Ride-hailing service BluSmart closes Series A1 funding round, raises $25 mn_65928
This is a follow-up to the series A round that closed in September 2021, bringing the total of BluSmart Series A investment to a significant $50.7 million
 "Ride-hailing service BluSmart closes Series A1 funding round, raises $25 mn_65928")
SAIL Q4 net slips 29% to Rs 2,479 cr, firm declares dividend of Rs 2.25_65769
SAIL's consolidated revenue from operations rose 32% to Rs 30,759 cr
 "SAIL Q4 net slips 29% to Rs 2,479 cr, firm declares dividend of Rs 2.25_65769")
Zomato stock zooms 18% intraday on improved disclosures, gains 14% at close_66155
7-8 large brokerages have come out with recommendations of overweight to buy since the firm announced its results on Monday after market hours
 "Zomato stock zooms 18% intraday on improved disclosures, gains 14% at close_66155")
Hindustan Motors plots a comeback; talks on for JV with European co for EVs_66011
MoU signed, due diligence expected to start soon and conclude in 2-3 months; project will start two-wheelers and then add four-wheelers
 "Hindustan Motors plots a comeback; talks on for JV with European co for EVs_66011")
Air India's PSS switch to improve customer experience, augment revenue_66163
Benefit include efficiency in re-issuance of tickets due to date change or rerouting, smoother bookings using frequent flyer loyalty points
 "Air India's PSS switch to improve customer experience, augment revenue_66163")
12 Indian firms at higher risk of downgrade amid rising inflation: Fitch_66223
The Indian utilities and oil & gas sectors, along with Chinese homebuilding, stand out with a high proportion of corporates assessed with a 'low' rating headroom
 "12 Indian firms at higher risk of downgrade amid rising inflation: Fitch_66223")
InterGlobe, UPS in 50:50 joint venture to dive into India logistics market_66222
Analysts tracking the logistics sector said that there are multiple areas where IndiGo's cargo business can benefit from a joint venture between UPS and its parent firm
 "InterGlobe, UPS in 50:50 joint venture to dive into India logistics market_66222")
Analysts bullish on auto stocks amid govt. measures on fuel, steel price_65894
At the operational level, Nomura sees margin benefit for companies in the backdrop of a cut in steel prices
 "Analysts bullish on auto stocks amid govt. measures on fuel, steel price_65894")
Export levy will slow down India's $5 trn economy journey: ISA President_66169
Dilip Oomen says the levy comes at a time when the world views India as a stable policy country, a manufacturing and export hub that is closely integrating with global value chains
 "Export levy will slow down India's $5 trn economy journey: ISA President_66169")
Likely reduction in steel prices to offer relief to auto, consumer durables_66160
The impact will be seen with a lag and will help only partially
 "Likely reduction in steel prices to offer relief to auto, consumer durables_66160")
Netflix bets on film star-worshipping southern market to power growth_65952
The US company has greenlighted at least six TV shows in southern Indian languages this year, aggressively chasing deals in Tollywood as the Telugu and Tamil film and TV industry is known
 "Netflix bets on film star-worshipping southern market to power growth_65952")
Tokyo: US President Joe Biden says no change in policy towards Taiwan_66082
US President Joe Biden said his country's policy towards Taiwan remained unchanged, a day after his comments raised questions about whether Washington was shifting from its long-standing policy
 "Tokyo: US President Joe Biden says no change in policy towards Taiwan_66082")
Russian opposition leader Alexei Navalny's 9-year sentence appeal rejected_66080
The rejection means Navalny will be sent to a high-security prison, according to the independent news site Mediazona.
 "Russian opposition leader Alexei Navalny's 9-year sentence appeal rejected_66080")
In search of CEO excellence_66219
The theme of this book follows in the genre of several books like the Lessons of Excellence by Tom Peters and Bob Waterman - both also, coincidentally, McKinsey consultants
 "In search of CEO excellence_66219")
Govt imposes restrictions on sugar exports from June 1, says DGFT_66202
However, it said that these restrictions would not be applicable on sugar being exported to the EU and the US under CXL and TRQ
 "Govt imposes restrictions on sugar exports from June 1, says DGFT_66202")
OYO plans IPO after September, may settle for lower valuation: Report_65982
OYO's move to launch the IPO after the September quarter is mainly driven by the expectation of improvement in its financial performance and the current volatile nature of the market
 "OYO plans IPO after September, may settle for lower valuation: Report_65982")
Why the states are grumbling_66217
The structure of central levies on petrol and diesel needs a review followed by their inclusion in GST
 "Why the states are grumbling_66217")
JSW Energy to seek shareholders' nod to raise up to Rs 5,000 crore_65895
Shares of JSW Energy were marginally down at Rs 309.35 apiece in early trade on BSE
 "JSW Energy to seek shareholders' nod to raise up to Rs 5,000 crore_65895")
PSU privatisation: Centre asks for legal declaration from bidders_66190
An entity, which is disqualified, will not be allowed to participate merely because it has filed an appeal against an adverse order
 "PSU privatisation: Centre asks for legal declaration from bidders_66190")
GIC Singapore to invest Rs 2,195 cr in Aditya Birla Fashion and Retail_65913
Post investment, GIC Singapore will own approximately 7.5% equity stake in Aditya Birla Fashion and Retail
 "GIC Singapore to invest Rs 2,195 cr in Aditya Birla Fashion and Retail_65913")
