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Good morning! 🌅
#MCInsider just dropped 🔥 In the latest edition --
* Merger speculation rises again
* Once-aggressive founder now looks glum
* Burning through cash
* Buzz from Deal Street
Check it out now 👇
https://www.moneycontrol.com/news/business/companies/mc-insider-merger-speculation-rises-again-once-aggressive-founder-now-looks-glum-burning-through-cash-deal-buzz-and-more-8006121.html.
#MCInsider just dropped 🔥 In the latest edition --
* Merger speculation rises again
* Once-aggressive founder now looks glum
* Burning through cash
* Buzz from Deal Street
Check it out now 👇
https://www.moneycontrol.com/news/business/companies/mc-insider-merger-speculation-rises-again-once-aggressive-founder-now-looks-glum-burning-through-cash-deal-buzz-and-more-8006121.html.
#Budget2022WithMC: The #EconomicSurvey is likely to be tabled after noon in the Lok Sabha, and will be tabled after 2:30 pm in the Rajya Sabha.
Read more at 👇
https://www.moneycontrol.com/news/business/economy/government-to-release-economic-survey-only-after-it-is-tabled-in-both-houses-of-parliament-8006301.html?utm_source=telegram&utm_medium=telegram
Read more at 👇
https://www.moneycontrol.com/news/business/economy/government-to-release-economic-survey-only-after-it-is-tabled-in-both-houses-of-parliament-8006301.html?utm_source=telegram&utm_medium=telegram
Moneycontrol
Government To Release Economic Survey After It Is Tabled In Both Houses Of Parliament
The newly appointed Chief Economic Adviser VA Nageswaran is expected to speak to media later in the day at 3:45 pm
The Supreme Court has agreed to hear a new petition from Future Retail Ltd which seeks to quash lenders’ letters threatening to initiate insolvency proceedings.
Read at
https://www.moneycontrol.com/news/business/supreme-court-to-hear-future-retail-petition-seeking-to-quash-default-notices-8006111.html
#Amazon #FutureRetail #SupremeCourt
Read at
https://www.moneycontrol.com/news/business/supreme-court-to-hear-future-retail-petition-seeking-to-quash-default-notices-8006111.html
#Amazon #FutureRetail #SupremeCourt
Moneycontrol
Supreme Court to hear Future Retail petition seeking to quash default notices
The firm has pled that its deal to sell Rs 25,000 crore worth of assets to Reliance Retail is “virtually stalled” due to litigations across India, initiated by US-based e-commerce giant Amazon
#Budget2022WithMC: Here's what to look out for in this year's Economic survey? ⤵️
https://www.moneycontrol.com/news/business/economy/economic-survey-to-be-tabled-today-what-to-expect-8006221.html?utm_source=telegram&utm_medium=telegram
https://www.moneycontrol.com/news/business/economy/economic-survey-to-be-tabled-today-what-to-expect-8006221.html?utm_source=telegram&utm_medium=telegram
Moneycontrol
Economic Survey to be tabled today: What to expect
This report is usually prepared by the chief economic advisor (CEA), but this year, it was done by the principal economic adviser and other officials as the post remained vacant following Krishnamurthy Subramaniam's term that ended in December.
#MarketswithMC | Here are the latest trends in gold prices & trading strategy.
Check out how much gold and silver cost today:
https://www.moneycontrol.com/news/business/commodities/gold-prices-today-hawkish-fed-outlook-to-keep-yellow-metal-under-pressure-global-concerns-to-lend-support-8006371.html?utm_source=telegram&utm_medium=telegram
Check out how much gold and silver cost today:
https://www.moneycontrol.com/news/business/commodities/gold-prices-today-hawkish-fed-outlook-to-keep-yellow-metal-under-pressure-global-concerns-to-lend-support-8006371.html?utm_source=telegram&utm_medium=telegram
Moneycontrol
Gold Prices Today: Hawkish Fed Outlook To Keep Yellow Metal Under Pressure, Global Concerns To Lend Support
"Technically, on daily charts gold is in a bearish state but further weakness is only expected below $1777 and, on the contrary, if prices sustain above $1803 then we may witness bulls coming back in the picture," said Vidit Garg, director at MyGoldKart.
#SBI chairman Dinesh Kumar Khara announced that the bad debt project had received all necessary approvals to take off.
Read more at 👇
https://www.moneycontrol.com/news/business/banking-central-bad-bank-is-ready-can-it-make-a-difference-8006451.html?utm_source=telegram&utm_medium=telegram
Read more at 👇
https://www.moneycontrol.com/news/business/banking-central-bad-bank-is-ready-can-it-make-a-difference-8006451.html?utm_source=telegram&utm_medium=telegram
Moneycontrol
Banking Central | Bad Bank Is Ready; Can It Make A Difference?
The Bad Bank will absorb bad assets from banks but proper execution and asset resolution will be key to make sure the project doesn’t meet the fate of some of the earlier initiatives.
All about Dr V Anantha Nageswaran, new Chief Economic Advisor 👇
https://www.moneycontrol.com/news/trends/current-affairs-trends/dr-v-anantha-nageswaran-new-chief-economic-advisor-cea-economic-survey-8006481.html?utm_source=telegram&utm_medium=telegram
https://www.moneycontrol.com/news/trends/current-affairs-trends/dr-v-anantha-nageswaran-new-chief-economic-advisor-cea-economic-survey-8006481.html?utm_source=telegram&utm_medium=telegram
#MCProOpinion: The importance of the budget for the market has been coming down over the years, with many critical decisions and announcements now being made outside the budget.
https://www.moneycontrol.com/news/opinion/does-the-budget-really-matter-for-the-market-8006551.html?utm_source=telegram&utm_medium=telegram
https://www.moneycontrol.com/news/opinion/does-the-budget-really-matter-for-the-market-8006551.html?utm_source=telegram&utm_medium=telegram
Moneycontrol
Does The Budget Really Matter For The Market?
Many announcements that used to be important for the market on budget day are now made outside the budget
#Budget2022WithMC: The finance ministry is expected to come out with the Economic Survey with FY22 GDP forecast between 9 percent and 9.5 percent.
Read at 👇
https://www.moneycontrol.com/news/business/economic-survey-2022-likely-to-keep-fy22-gdp-forecast-at-9-9-5-8006501.html?utm_source=telegram&utm_medium=telegram
Read at 👇
https://www.moneycontrol.com/news/business/economic-survey-2022-likely-to-keep-fy22-gdp-forecast-at-9-9-5-8006501.html?utm_source=telegram&utm_medium=telegram
Moneycontrol
Exclusive| Economic Survey 2022 likely to project FY23 GDP around 9%
The Survey is also expected to strongly hint at inflation risks to the economy, and the need for consumption-based growth
#MarketsWithMC: Here is what brokerages have to say about Larsen & Toubro stock and the company after the December quarter earnings.
Find out 👇
https://www.moneycontrol.com/news/business/stocks/what-should-investors-do-with-larsen-toubro-after-q3-earnings-buy-sell-or-hold-it-8006181.html?utm_source=telegram&utm_medium=telegram
Find out 👇
https://www.moneycontrol.com/news/business/stocks/what-should-investors-do-with-larsen-toubro-after-q3-earnings-buy-sell-or-hold-it-8006181.html?utm_source=telegram&utm_medium=telegram
Moneycontrol
What should investors do with Larsen & Toubro after Q3 earnings: Buy, sell or hold it?
The company reported an 11 percent on-year growth in consolidated revenues to Rs 39,563 crore during the quarter in review
#MarketsWithMC: #RelianceIndustries share price gained nearly 2% intraday to Rs 2,374.35 today after foreign research firm CLSA upgraded the rating & target price.
Read more at 👇
https://www.moneycontrol.com/news/business/stocks/reliance-industries-shares-gain-nearly-2-after-clsa-upgrades-rating-raises-target-price-8006521.html?utm_source=telegram&utm_medium=telegram
Read more at 👇
https://www.moneycontrol.com/news/business/stocks/reliance-industries-shares-gain-nearly-2-after-clsa-upgrades-rating-raises-target-price-8006521.html?utm_source=telegram&utm_medium=telegram
Moneycontrol
Reliance Industries shares gain nearly 2% after CLSA upgrades rating, raises target price
The share touched a 52-week high of Rs 2,750 and a 52-week low of Rs 1,830.00 on October 19, 2021 and January 29, 2021, respectively
#Budget2022WithMC | From allocating funds for #VaccinationDrive to providing economic relief to citizens, do it all with #PlayTheFM on http://moneycontrol.com 🔥
Click here to play now! 🔻
https://moneycontrol.com/budget-2022/play-the-fm.
#Budget2022WithMC #Budget2022 #UnionBudget2022
Click here to play now! 🔻
https://moneycontrol.com/budget-2022/play-the-fm.
#Budget2022WithMC #Budget2022 #UnionBudget2022
#AGSTransact Technologies saw a tepid debut on January 31 against its issue price of Rs 175 per share.
Read more here ⤵️
https://www.moneycontrol.com/news/business/ipo/ags-transact-technologies-sees-tepid-debut-stock-lists-at-rs-176-8005781.html?utm_source=telegram&utm_medium=telegram
Read more here ⤵️
https://www.moneycontrol.com/news/business/ipo/ags-transact-technologies-sees-tepid-debut-stock-lists-at-rs-176-8005781.html?utm_source=telegram&utm_medium=telegram
Moneycontrol
AGS Transact Technologies IPO: Stock Makes Flat Debut, Lists At Rs 176 Per Share
AGS Transact Technologies IPO: The issue was entirely an offer-for-sale by promoter Ravi B Goyal, but indirectly the company will get those funds to reduce the debt burden
#TechWithMC: Apple is rumoured to launch a new iMac Pro later this year.
Find out more about it at 👇
https://www.moneycontrol.com/news/technology/apple-event-2022-spring-new-imac-pro-m1-max-ipad-air-iphone-se-5g-8006691.html?utm_source=telegram&utm_medium=telegram
Find out more about it at 👇
https://www.moneycontrol.com/news/technology/apple-event-2022-spring-new-imac-pro-m1-max-ipad-air-iphone-se-5g-8006691.html?utm_source=telegram&utm_medium=telegram
Moneycontrol
Apple Event In Spring Could Bring New IMac Pro With M1 Pro/Max Chip, IPad Air 2022 And More
The new iPhone SE 5G 2022 is also expected to launch at the Apple event, which is likely to take place in March or April 2022.
#COVID19India LIVE Updates 🔴 The declining trend of #Covid19 cases today marked a reduction of over 10% in the daily cases in comparison to the day before.
Read at 👇
https://www.moneycontrol.com/news/trends/health-trends/coronavirus-india-update-with-decrease-of-over-10-decline-of-active-covid-19-cases-continues-8006591.html?utm_source=telegram&utm_medium=telegram
Read at 👇
https://www.moneycontrol.com/news/trends/health-trends/coronavirus-india-update-with-decrease-of-over-10-decline-of-active-covid-19-cases-continues-8006591.html?utm_source=telegram&utm_medium=telegram
Moneycontrol
Coronavirus India Update: With Decrease Of Over 10%, Decline Of Active Covid-19 Cases Continues
The marked decline in the Covid-19 pandemic trajectory in India continues with a fall in active cases as well as test positivity rate. There were only 4 states which registered a rise in active cases in the last 24 hours.
#MCProOpinion: The making of government budgets in #India is shrouded in secrecy. Instead, we should adopt the open and democratic US system of budget-making.
Read at
https://www.moneycontrol.com/news/opinion/for-efficient-budget-making-follow-us-open-system-8006211.html?utm_source=telegram&utm_medium=telegram
Read at
https://www.moneycontrol.com/news/opinion/for-efficient-budget-making-follow-us-open-system-8006211.html?utm_source=telegram&utm_medium=telegram
Moneycontrol
For Efficient Budget Making, Follow US Open System
Instead of the current opaque budget-making process, India should adopt the far more democratic US system
Avendus has announced its plans to expand its offerings to include institutional equities and capital markets. It will acquire Spark Capital’s institutional equities business. 🤝
Read more about the acquisition here ⏬
https://www.moneycontrol.com/news/business/kkr-backed-avendus-to-acquire-spark-capitals-institutional-equities-business-8006701.html?utm_source=telegram&utm_medium=social
Read more about the acquisition here ⏬
https://www.moneycontrol.com/news/business/kkr-backed-avendus-to-acquire-spark-capitals-institutional-equities-business-8006701.html?utm_source=telegram&utm_medium=social
Moneycontrol
KKR-backed Avendus To Acquire Spark Capital's Institutional Equities Business
Moneycontrol was the first to report the buyout. The valuation is expected to be around Rs 300 crore
Ashneer Grover, embattled co-founder of BharatPe , heaped praise on Uday Kotak, calling him a legend, even as he is embroiled in a legal tussle with him.
Read more at ⏬
https://www.moneycontrol.com/news/business/startup/ashneer-grover-heaps-praise-on-uday-kotak-despite-tussle-8004421.html?utm_source=telegram&utm_medium=telegram
Read more at ⏬
https://www.moneycontrol.com/news/business/startup/ashneer-grover-heaps-praise-on-uday-kotak-despite-tussle-8004421.html?utm_source=telegram&utm_medium=telegram
Moneycontrol
Bharatpe Vs Kotak: Ashneer Grover Calls Uday Kotak A Legend, Says No One Understands Finance Better In India
Grover, in response to a LinkedIn post on Kotak, said the banker was a legend.
#MCProOpinion: The Budget should seize the opportunity to revise our increasingly protectionist stance and make India a more open #economy.
Read at
https://www.moneycontrol.com/news/opinion/the-eastern-window-why-the-budget-should-address-aatmanirbhar-pitfalls-8006331.html?utm_source=telegram&utm_medium=social
Read at
https://www.moneycontrol.com/news/opinion/the-eastern-window-why-the-budget-should-address-aatmanirbhar-pitfalls-8006331.html?utm_source=telegram&utm_medium=social
Moneycontrol
The Eastern Window | Why The Budget Should Address Aatmanirbhar Pitfalls
The Aatmanirbhar campaign has not helped reduce our reliance on Chinese imports. The Budget should revise the tariff regime to open up trade channels and provide the industry with the goods and materials it needs to grow
#MCProOpinion: The step-motherly treatment meted out to PMC Bank depositors has made the task of retaining them an uphill task for Unity SFB.
Read at
https://www.moneycontrol.com/news/opinion/will-unity-sfb-be-able-to-unite-pmc-bank-depositors-8006431.html?utm_source=telegram&utm_medium=social
Read at
https://www.moneycontrol.com/news/opinion/will-unity-sfb-be-able-to-unite-pmc-bank-depositors-8006431.html?utm_source=telegram&utm_medium=social
Moneycontrol
Will Unity SFB Be Able To Unite PMC Bank Depositors?
PMC Bank depositors have been severely wounded financially due to the long wait to get back their money. What’s more, a section of them believes the amalgamation scheme is a pyrrhic victory
Megha Engineering & Infrastructures Ltd, is setting up a manufacturing hub at a cost of $200 million in the outskirts of Hyderabad.
Read more here 👇
https://www.moneycontrol.com/news/business/megha-engineering-arm-drillmec-to-set-up-200-million-oil-rigs-hub-in-telangana-8006941.html?utm_source=telegram&utm_medium=telegram
Read more here 👇
https://www.moneycontrol.com/news/business/megha-engineering-arm-drillmec-to-set-up-200-million-oil-rigs-hub-in-telangana-8006941.html?utm_source=telegram&utm_medium=telegram
Moneycontrol
Megha Engineering Arm Drillmec To Set Up $200-million Oil Rigs Hub In Telangana
Meil's Italian arm says the global hub will have a manufacturing facility for oil rigs and ancillary equipment, an R&D centre, and a centre of excellence