India Inc's foreign borrowings plunge by 51% to $738 mn in May https://www.livemint.com/economy/india-inc-s-foreign-borrowings-plunge-by-51-to-738-mn-in-may-11625229526286.html
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India Inc's foreign borrowings plunge by 51% to $738 mn in May
Indian businesses had raised USD 1.49 billion by way of external commercial borrowings (ECB) in May 2020.The entire fund raised in May 2021 came through the automatic route of the ECB
Govt revises MSME guidelines to include retail & wholesale trades https://www.livemint.com/news/india/govt-revises-msme-guidelines-to-include-retail-wholesale-trades-as-msmes-11625215435219.html
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Govt revises MSME guidelines to include retail & wholesale trades
Gadkari said that the revised guidelines will benefit 2.5 crore retail and wholesale traders
Infosys still resolving issues related to new income tax portal: FM Sitharaman https://www.livemint.com/news/india/infosys-still-resolving-issues-related-to-new-income-tax-portal-fm-sitharaman-11625226232622.html
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Infosys still resolving issues related to new income tax portal: FM Sitharaman
Sitharaman in a meeting on June 22 had asked Infosys to address fix all issues on priority
SEBI clears IPO application of Zomato
https://www.moneycontrol.com/news/business/sebi-clears-ipo-application-of-zomato-7119821.html
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https://www.moneycontrol.com/news/business/sebi-clears-ipo-application-of-zomato-7119821.html
Download moneycontrol app: http://m.moneycontrol.com/mom
Moneycontrol
SEBI clears IPO application of Zomato
Zomato, backed by China’s Ant Group, filed for the IPO in April and is said to be looking to raise up to $1.2 billion.
U.S : US June payrolls increase 850,000 vs est of 720,000; June #unemployment rate rises to 5.9% vs 5.8% (Agencies)
In-depth | From social audio to podcasts, tech companies rush to stay ahead of competition
https://www.moneycontrol.com/news/business/in-depth-from-social-audio-to-podcasts-tech-companies-rush-to-stay-ahead-of-competition-7118001.html
https://www.moneycontrol.com/news/business/in-depth-from-social-audio-to-podcasts-tech-companies-rush-to-stay-ahead-of-competition-7118001.html
Moneycontrol
In-depth | From Social Audio To Podcasts, Tech Companies Rush To Stay Ahead Of Competition
Competition has become fierce in the audio space, with major tech companies working hard to capitalise on this trend, and many have either launched or are working on launching live audio apps or features.
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➡️ *@TELEGRAM*
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Disclaimer : We are not SEBI Registered. Please consult your financial advisor before investing.
All the posts appearing in the channel are only for educational and informational purposes.
ALL RIGHTS RESERVED!!!
*India Pesticides Limited*
Listing Date : *Monday, Jul 05 2021*
ISIN : *INE0D6701023*
BSE : *543311 (B Group)*
NSE : *IPL (EQ Series)*
Total Shares : *115163508*
Face Value : *₹10*
IPO Price : *₹296*
Listing Date : *Monday, Jul 05 2021*
ISIN : *INE0D6701023*
BSE : *543311 (B Group)*
NSE : *IPL (EQ Series)*
Total Shares : *115163508*
Face Value : *₹10*
IPO Price : *₹296*
-Sunil Mittal: Airtel has raised $12b in the last 24 months
-Investments in one web are not at the cost of Bharti
-Will look at IPO of one web at the right time
-British telecom will use one web to reach remote parts of UK
-Strategy is serve enterprise customers, not retail
-Sunil Mittal On Bharti’s India biz: Industry ARPU is unsustainable
-We are talking about ARPUs of 200 , which will still be lower than 6 years
-Lower ARPU will still be Rs 75-100
-We can unilaterally move on ARPUs, have to be mindful on tariffs
-Sunil Mittal: AGR installment has been made, next one has to be paid next year
-No one-web equipment today comes from China , comes from security approved western countries
-Again when questioned on tariffs - We will not hesitate on raising tariffs, but cannot do it unilaterally
-Investments in one web are not at the cost of Bharti
-Will look at IPO of one web at the right time
-British telecom will use one web to reach remote parts of UK
-Strategy is serve enterprise customers, not retail
-Sunil Mittal On Bharti’s India biz: Industry ARPU is unsustainable
-We are talking about ARPUs of 200 , which will still be lower than 6 years
-Lower ARPU will still be Rs 75-100
-We can unilaterally move on ARPUs, have to be mindful on tariffs
-Sunil Mittal: AGR installment has been made, next one has to be paid next year
-No one-web equipment today comes from China , comes from security approved western countries
-Again when questioned on tariffs - We will not hesitate on raising tariffs, but cannot do it unilaterally
https://www.livemint.com/news/india/india-plans-to-rework-the-evs-game-as-it-pushes-china-against-the-wall-11625187300456.html *A drive to reduce dependence on imported materials and technology, especially from China, is pushing India to invest in a battery technology that uses aluminum rather than lithium as the key ingredient. Indian Oil Corp., the nation’s largest oil refiner, has teamed up with startup Phinergy Ltd. to develop the Israeli company’s aluminum-air battery*
mint
India plans to rework the EVs space as it pushes China against the wall
India has few exploitable options to produce lithium, the key metal for the current generation of electric-vehicle batteries, but its eastern jungles hold large reserves of bauxite, the ore used to make aluminum.
#BREAKING: SEBI clears IPO application of Zomato. Read at: https://t.co/YZYG2GJMZk
Stay tuned for more details!
@SEBI_India @zomatoin #Zomato #ZomatoIPO #IPO
Stay tuned for more details!
@SEBI_India @zomatoin #Zomato #ZomatoIPO #IPO
Moneycontrol
SEBI Clears IPO Application Of Zomato