#MCOpinion | Overnight, the edge Huawei had, as the leader in providing cutting-edge 5G equipment at the cheapest prices, has been blunted.
Read more at 👇
https://www.moneycontrol.com/news/opinion/when-it-comes-to-5g-china-is-being-shown-the-door-rightly-so-8573521.html?utm_source=telegram&utm_medium=social
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https://www.moneycontrol.com/news/opinion/when-it-comes-to-5g-china-is-being-shown-the-door-rightly-so-8573521.html?utm_source=telegram&utm_medium=social
Moneycontrol
When it comes to 5G, China is being shown the door -- rightly so
The security risk Chinese companies bring has ensured that one country after another keeps them out of their 5G rollouts
Blockchain-based esports fan engagement startup #Stan has raised $2.5 million in seed funding led by General Catalyst and participation from Better Capital and Eximius Ventures, reports Vikas SN.
Read at ⏬
https://www.moneycontrol.com/news/business/esports-fan-engagement-startup-stan-lands-2-5-million-from-general-catalyst-others-8573911.html?utm_source=telegram&utm_medium=social
Read at ⏬
https://www.moneycontrol.com/news/business/esports-fan-engagement-startup-stan-lands-2-5-million-from-general-catalyst-others-8573911.html?utm_source=telegram&utm_medium=social
Moneycontrol
Esports fan engagement startup Stan lands $2.5 million from General Catalyst, others
Stan has built a platform that allows esports fans to collect, play and trade digital collectibles such as NFTs of their favorite esports players and content creators
Aiming to address water scarcity in various parts of India, Israel-based Watergen announced its strategic joint venture with SMV Jaipuria Group to bring its global patented technology to India.
Read on 👇
https://www.moneycontrol.com/news/india/israels-watergen-smv-jaipuria-group-partner-to-manufacture-air-to-water-products-in-india-8574261.html?utm_source=telegram&utm_medium=social
Read on 👇
https://www.moneycontrol.com/news/india/israels-watergen-smv-jaipuria-group-partner-to-manufacture-air-to-water-products-in-india-8574261.html?utm_source=telegram&utm_medium=social
Moneycontrol
Israel's Watergen, SMV Jaipuria Group partner to manufacture air-to-water products in India
Watergen is the global leader in atmospheric drinking water devices --- machines that create drinking water from the air.
#Instagram outage: Several users have constantly been checking Twitter to confirm whether the photo blogging site Instagram was really down 'or if it's the WiFi'.
Check out the reactions 👇
https://www.moneycontrol.com/news/trends/instagram-is-down-users-flock-to-twitter-to-check-if-its-really-down-or-if-its-the-wifi-8574081.html?utm_source=telegram&utm_medium=social
Check out the reactions 👇
https://www.moneycontrol.com/news/trends/instagram-is-down-users-flock-to-twitter-to-check-if-its-really-down-or-if-its-the-wifi-8574081.html?utm_source=telegram&utm_medium=social
Moneycontrol
Instagram outage: Users flock to Twitter to check if it's really down 'or it's the WiFi'
Instagram is yet to acknowledge the technical problem, but Downdetector which detects when services go down or have outages reported that the site was indeed having problems.
Power minister RK Singh has asked all chief ministers, & lieutenant governors of Union Territories to set up state-level steering committees for energy transition to reduce carbon emissions.
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https://www.moneycontrol.com/news/india/power-minister-asks-states-to-set-up-steering-committees-on-clean-energy-transition-8574221.html?utm_source=telegram&utm_medium=social
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https://www.moneycontrol.com/news/india/power-minister-asks-states-to-set-up-steering-committees-on-clean-energy-transition-8574221.html?utm_source=telegram&utm_medium=social
Moneycontrol
Power minister asks states to set up steering committees on clean energy transition
RK Singh asks Singh stresses on the role of the state governments for successful implementation of reduction in emission intensity by 45 percent by 2030 from the 2005 levels
Russian forces waged an all-out assault to encircle Ukrainian troops in twin eastern cities straddling a river, a battle that could determine the success or failure of #Moscow's main campaign in the industrial heartland of #Donbas.
In images 📸
https://www.moneycontrol.com/news/photos/world/russia-launches-all-out-assault-to-encircle-ukraine-troops-in-east-2-8574371.html?utm_source=telegram&utm_medium=social
In images 📸
https://www.moneycontrol.com/news/photos/world/russia-launches-all-out-assault-to-encircle-ukraine-troops-in-east-2-8574371.html?utm_source=telegram&utm_medium=social
#MarketsWithMC: Closing Bell 🔔 Except bank, all other sectoral indices ended in the red with #oil & #gas, metal, #pharma, realty, capital goods and IT index down 1-3%.
Stay tuned to this space for latest market updates 👇
https://www.moneycontrol.com/news/business/markets/share-market-live-updates-stock-market-today-may-25-latest-news-bse-nse-sensex-nifty-covid-coronavirus-bpcl-coal-india-nhpc-fortis-healthcare-interglobe-aviation-bata-india-grasim-minda-industries-8570411.html?utm_source=telegram&utm_medium=social
Stay tuned to this space for latest market updates 👇
https://www.moneycontrol.com/news/business/markets/share-market-live-updates-stock-market-today-may-25-latest-news-bse-nse-sensex-nifty-covid-coronavirus-bpcl-coal-india-nhpc-fortis-healthcare-interglobe-aviation-bata-india-grasim-minda-industries-8570411.html?utm_source=telegram&utm_medium=social
The NCLT has allowed ICICI Prudential Venture Capital to withdraw the insolvency proceedings against Anand Divine Developers, a wholly owned subsidiary of ATS Infrastructure.
Read on 👇
https://www.moneycontrol.com/news/business/real-estate/nclt-allows-icici-pru-venture-capital-to-withdraw-insolvency-proceedings-against-ats-group-firm-8573261.html?utm_source=telegram&utm_medium=social
Read on 👇
https://www.moneycontrol.com/news/business/real-estate/nclt-allows-icici-pru-venture-capital-to-withdraw-insolvency-proceedings-against-ats-group-firm-8573261.html?utm_source=telegram&utm_medium=social
Moneycontrol
NCLT allows ICICI Pru Venture Capital to withdraw insolvency proceedings against ATS group firm
The dispute relates to a Rs 75 crore loan by ICICI Pru Venture to the Noida-based developer. The National Company Law Appellate Tribunal had earlier stayed the insolvency proceedings initiated by NCLT in March 2022.
Twitter Inc will face skeptical shareholders during its annual meeting, as doubt remains over whether the #SocialMedia company will complete its deal to be acquired by billionaire Elon Musk at the agreed-upon price.
Read on 👇
https://www.moneycontrol.com/news/business/twitter-to-hold-annual-meeting-amid-musk-uncertainty-8574751.html?utm_source=telegram&utm_medium=social
Read on 👇
https://www.moneycontrol.com/news/business/twitter-to-hold-annual-meeting-amid-musk-uncertainty-8574751.html?utm_source=telegram&utm_medium=social
Moneycontrol
Twitter to hold annual meeting today amid Elon Musk's uncertainty
The Tesla chief executive tweeted on May 13 that the $44 billion acquisition was ”temporarily on hold” while he sought more information about the proportion of fake accounts on Twitter.
IIM-Ahmedabad's Abhiman Das, who worked closely on inflation forecasts and expectations during his time at the RBI, says what the #CentralBank has not - #inflation expectations snapped loose some time ago.
Read on 👇
https://www.moneycontrol.com/news/business/economy/interview-inflation-expectations-got-unanchored-several-months-ago-says-iims-abhiman-das-8572561.html?utm_source=telegram&utm_medium=social
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https://www.moneycontrol.com/news/business/economy/interview-inflation-expectations-got-unanchored-several-months-ago-says-iims-abhiman-das-8572561.html?utm_source=telegram&utm_medium=social
Moneycontrol
Interview | Inflation expectations got unanchored several months ago, says IIM’s Abhiman Das
The risk of inflation expectations getting unanchored was cited by RBI as one of the reasons behind the surprise interest rate hike on May 4. However, IIM Professor Abhiman Das, who has spent years studying inflation expectations, says the damage was done…
#MarketsWithMC: US stock futures edged up on May 25 ahead of the much-awaited release of the minutes from the recent Federal Reserve meeting.
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https://www.moneycontrol.com/news/business/economy/us-stock-futures-edge-up-ahead-of-fed-minutes-release-8574151.html?utm_source=telegram&utm_medium=social
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https://www.moneycontrol.com/news/business/economy/us-stock-futures-edge-up-ahead-of-fed-minutes-release-8574151.html?utm_source=telegram&utm_medium=social
Moneycontrol
US stock futures edge up ahead of Fed minutes release
The Fed had at the May 4 meeting raised its target for the overnight bank-to-bank lending rate by half a percentage point, to a range of 0.75-1 percent
The Cabinet Committee on Economic Affairs approved a proposal to sell the government’s entire stake in Hindustan Zinc Ltd (HZL).
Read more about it 👇
https://www.moneycontrol.com/news/business/sale-of-governments-entire-stake-in-hindustan-zinc-ltd-cleared-by-cabinet-sources-8574901.html?utm_source=telegram&utm_medium=social
Read more about it 👇
https://www.moneycontrol.com/news/business/sale-of-governments-entire-stake-in-hindustan-zinc-ltd-cleared-by-cabinet-sources-8574901.html?utm_source=telegram&utm_medium=social
Moneycontrol
Sale of government’s entire stake in Hindustan Zinc Ltd cleared by Cabinet: Sources
Proposal to close Bharat Gold Mines Ltd, which owns the famed Kolar Gold Fields in Karnataka, also approved.
#MCOpinion: The red mark is all over the place. It’s not a bear #market still, but very much feels like one. All know, the bugbear is #inflation. Do you spot an escape route? Also on, #Zomato, Dollar Industries, Rupa Company, Divi’s Labs and more.
Read 👇
https://www.moneycontrol.com/news/opinion/moneycontrol-pro-panorama-bear-bottom-8575111.html?utm_source=telegram&utm_medium=social
Read 👇
https://www.moneycontrol.com/news/opinion/moneycontrol-pro-panorama-bear-bottom-8575111.html?utm_source=telegram&utm_medium=social
Moneycontrol
Moneycontrol Pro Panorama | Bear Bottom
In today’s edition of Moneycontrol Pro Panorama: Modi govt turns 8, Zomato’s stock appeal, the dark side of Russia sanctions, windfall from stock rout and more
Satish Kaushik accused Go First of cheating their customers and, in a Twitter thread, shared his experience with the airline company.
Read what he said 👇
https://www.moneycontrol.com/news/trends/satish-kaushik-accuses-go-first-of-using-dubious-ways-to-earn-money-shares-experience-8574861.html?utm_source=telegram&utm_medium=social
Read what he said 👇
https://www.moneycontrol.com/news/trends/satish-kaushik-accuses-go-first-of-using-dubious-ways-to-earn-money-shares-experience-8574861.html?utm_source=telegram&utm_medium=social
Moneycontrol
Actor Satish Kaushik slams Go First airline over seat mix-up in Twitter thread
Go First, however, responded to the thread and said, “Dear Satish, we thank you for reaching out to us and we regret any inconvenience caused. You will positively hear from our office soon.”
Zimbabwe’s inflation rate jumped back into triple digits after the central bank effectively devalued the local currency by introducing a new interbank rate at which most commerce will take place.
Read more 👇
https://www.moneycontrol.com/news/world/zimbabwes-inflation-is-back-above-100-after-currency-plunge-8575161.html?utm_source=telegram&utm_medium=social
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https://www.moneycontrol.com/news/world/zimbabwes-inflation-is-back-above-100-after-currency-plunge-8575161.html?utm_source=telegram&utm_medium=social
Moneycontrol
Zimbabwe’s inflation is back above 100% after currency plunge
Annual inflation quickened to 131.7% from 96.4% in April, ending a 10-month period in which the rate was below 100%.
Coal India reported a net profit of Rs 6,715 crore in the fourth quarter of financial year 2021-22.
Read more 👇
https://www.moneycontrol.com/news/business/markets/coal-india-q4-result-net-profit-comes-in-at-rs-6715-crore-8575511.html?utm_source=telegram&utm_medium=social
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https://www.moneycontrol.com/news/business/markets/coal-india-q4-result-net-profit-comes-in-at-rs-6715-crore-8575511.html?utm_source=telegram&utm_medium=social
Moneycontrol
Coal India Q4 Result | Net profit grows 46.3% YoY to Rs 6,715 crore, revenue up 22.5%
The production of coal increased by 2.8 percent on year and 27.6 percent on quarter to 109 million tons (MT) of coal during the quarter. The total offtake during the quarter at 180.25 MT was higher by 9.3 percent year on year.
The Patils, who have roots in Maharashtra, were inspired to start a winery after a hiking trip - the trip itself was part of their 29th wedding anniversary celebration.
Read on 👇
https://www.moneycontrol.com/news/trends/travel-trends/world-wine-day-may-25-meet-the-patils-of-narmada-winery-in-virginia-8575061.html?utm_source=telegram&utm_medium=social
Read on 👇
https://www.moneycontrol.com/news/trends/travel-trends/world-wine-day-may-25-meet-the-patils-of-narmada-winery-in-virginia-8575061.html?utm_source=telegram&utm_medium=social
Moneycontrol
World Wine Day (May 25): Meet the Patils of Narmada Winery in Virginia
Narmada Winery was founded in 2009 by Pandit and Sudha Patil, whose roots are in Thane and Jalgaon (Maharashtra).
#BREAKING: IndiGo airline's CEO Ronojoy Dutta said that he does not expect any price war due to the entry of new players in the domestic civil aviation sector such as Akasa Air & Jet Airways.
Read on 👇
https://www.moneycontrol.com/news/business/dont-expect-price-wars-due-to-entry-of-new-domestic-players-says-indigos-ronojoy-dutta-8575531.html?utm_source=telegram&utm_medium=social
Read on 👇
https://www.moneycontrol.com/news/business/dont-expect-price-wars-due-to-entry-of-new-domestic-players-says-indigos-ronojoy-dutta-8575531.html?utm_source=telegram&utm_medium=social
Moneycontrol
Don't expect price wars due to entry of new domestic players, says IndiGo's Ronojoy Dutta
InterGlobe Aviation, the operator of IndiGo airline, on May 25 reported a consolidated net loss of Rs 1,681.80 crore for the quarter ended March 2022, due to a surge in aircraft fuel expenses.
#Exclusive: Slice will allow only select customers with a good credit score or repayment history to use the ‘Pay-in-3’ feature on its credit-linked Visa card.
Read more 👇
https://moneycontrol.com/news/business/startup/exclusive-slice-turns-conservative-amid-slowdown-restricts-pay-in-3-feature-to-select-card-customers-8575191.html?utm_source=telegram&utm_medium=social
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https://moneycontrol.com/news/business/startup/exclusive-slice-turns-conservative-amid-slowdown-restricts-pay-in-3-feature-to-select-card-customers-8575191.html?utm_source=telegram&utm_medium=social
Moneycontrol
Exclusive: Slice turns conservative amid slowdown, restricts ‘Pay-in-3’ feature to select card customers
The startup will however allow all customers to divide repayments across three months for no interest for in-app purchases in an attempt to increase transactions with its merchant partners. The move will help the company make revenue-earning features more…
PSBs have been losing money on their capital, thanks to the long-drawn credit cycle where they paid high credit costs due to delinquent loans. That may be changing now, say analysts.
Read more about it 👇
https://www.moneycontrol.com/news/business/earnings/will-the-sun-rise-on-psu-banks-return-on-assets-8575601.html?utm_source=telegram&utm_medium=social
Read more about it 👇
https://www.moneycontrol.com/news/business/earnings/will-the-sun-rise-on-psu-banks-return-on-assets-8575601.html?utm_source=telegram&utm_medium=social