On #OpeningBell 🔔
Catch Nickey Mirchandani in conversation with Andrew Holland--CEO, Avendus Capital Public Markets Alternate Strategies LLP. February has been a weak month for Nifty 50 over the years.
Will this time be any different?
https://www.youtube.com/watch?v=rA6-hdEly-Q&ab_channel=moneycontrol
Catch Nickey Mirchandani in conversation with Andrew Holland--CEO, Avendus Capital Public Markets Alternate Strategies LLP. February has been a weak month for Nifty 50 over the years.
Will this time be any different?
https://www.youtube.com/watch?v=rA6-hdEly-Q&ab_channel=moneycontrol
#RupeeVsDollar | Indian rupee opened lower at 83.11 per dollar on Wednesday against Tuesday's close of 83.01.
#TechWithMC | BMRCL said that all six coaches of the first driverless train prototype reached Hebbagodi depot in four trailer vehicles near Electronics City. 🚇
More about the prototype here ⤵️
https://moneycontrol.com/news/technology/chinese-made-driverless-train-prototype-for-electronics-city-metro-reaches-bengalurudriverless-train-prototype-for-electronics-city-metro-reaches-bengaluru-12263041.html?utm_source=telegram&utm_medium=social
More about the prototype here ⤵️
https://moneycontrol.com/news/technology/chinese-made-driverless-train-prototype-for-electronics-city-metro-reaches-bengalurudriverless-train-prototype-for-electronics-city-metro-reaches-bengaluru-12263041.html?utm_source=telegram&utm_medium=social
Moneycontrol
Chinese-made driverless train prototype for Electronics City Metro reaches Bengaluru
Yellow Line which was supposed to be completed in 2021, is likely to be ready by Q4 2024.
#MCExclusive | Hindalco aims to explore lithium and nickel mines in India, signaling its entry into critical minerals mining, reveals MD Satish Pai.
Read the interview here⏬
https://moneycontrol.com/news/business/exclusive-hindalco-eyes-lithium-nickel-mines-in-india-to-enter-critical-minerals-mining-md-satish-pai-12261101.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Read the interview here⏬
https://moneycontrol.com/news/business/exclusive-hindalco-eyes-lithium-nickel-mines-in-india-to-enter-critical-minerals-mining-md-satish-pai-12261101.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Exclusive: Hindalco eyes lithium, nickel mines in India; to enter critical minerals mining: MD Satish Pai
The company is looking to use its mining expertise to enter the exploration space of critical minerals, Pai tells Moneycontrol.
#MCTrends | Google celebrated this year's Valentines Day with a quirky and interactive scientific doodle and encouraged people to discover their own chemical element avatar. 🧪
Details here ⏬
https://moneycontrol.com/news/trends/google-celebrates-valentines-day-with-interactive-scientific-doodle-its-all-about-chemistry-12263181.html?utm_source=telegram&utm_medium=social
Details here ⏬
https://moneycontrol.com/news/trends/google-celebrates-valentines-day-with-interactive-scientific-doodle-its-all-about-chemistry-12263181.html?utm_source=telegram&utm_medium=social
Moneycontrol
Google Doodle on Valentine’s Day 2024 features interactive scientific quiz: 'all about chemistry'
Google celebrated this year's Valentine's Day with a quirky and interactive scientific doodle and encouraged people to discover their own chemical element avatar.
#MCPro | 🚀 Elevate your returns on the 2024 general elections with MC Pro Election Portfolio! 📈
Tune in to this curated selection of 14 stocks is set to turbocharge your investment🔽
https://www.moneycontrol.com/news/business/moneycontrol-research/mc-pro-election-2024-portfolio-14-hand-picked-stocks-to-ride-the-transformation-after-the-general-elections-12189411.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Tune in to this curated selection of 14 stocks is set to turbocharge your investment🔽
https://www.moneycontrol.com/news/business/moneycontrol-research/mc-pro-election-2024-portfolio-14-hand-picked-stocks-to-ride-the-transformation-after-the-general-elections-12189411.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
MC Pro Election 2024 Portfolio: This set of 14 stocks can fast-track your returns score
We believe the corporate sector is poised for take-off. Against this backdrop, our focus is to select the stocks which are building the future and have the best prospects of benefiting from the new government pushing the pedal on reforms
Some jobs may get impacted at Zee. There is pressure of weak advertising environment. Plus, the merger with Sony did not sail through. Now, the firm is focusing on profitability and is looking to cut cost
Maryam Farooqui reports⏬
https://www.moneycontrol.com/news/business/companies/some-layoffs-likely-at-zee-firm-revisits-plan-as-standalone-entity-after-sony-terminates-merger-12261091.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Maryam Farooqui reports⏬
https://www.moneycontrol.com/news/business/companies/some-layoffs-likely-at-zee-firm-revisits-plan-as-standalone-entity-after-sony-terminates-merger-12261091.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Some layoffs likely at Zee, firm revisits plan as standalone entity after Sony terminates merger
Zee is revisiting plans as a standalone company and is focusing to enhance its performance in the coming quarters after the company posted a below performance in Q3FY24
The deal for the ICC Cricket TV rights between Zee and Star India is likely to get terminated as both the companies are alleging breach of contract.
This could be another legal battle for Zee!
Maryam Farooqui reports🔽
https://www.moneycontrol.com/news/business/companies/star-alleges-non-payment-of-instalment-for-icc-sports-rights-deal-zee-claims-breach-of-agreement-12261081.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
This could be another legal battle for Zee!
Maryam Farooqui reports🔽
https://www.moneycontrol.com/news/business/companies/star-alleges-non-payment-of-instalment-for-icc-sports-rights-deal-zee-claims-breach-of-agreement-12261081.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Star alleges non-payment of instalment for ICC sports rights deal, Zee claims breach of agreement
Both Zee and Sony have alleged breach of agreement for the ICC Cricket TV rights deal.
After a rough ride in Covid years, top amusement park chains like Wonderla & Imagicaa are expanding in newer cities with additional parks.
They are also investing in more rides in old parks as Indians look for more thrills outdoor
Here's more⏬
https://www.moneycontrol.com/news/technology/wonderla-imagicaa-to-add-more-thrills-new-theme-parks-after-bumpy-covid-ride-12254651.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
They are also investing in more rides in old parks as Indians look for more thrills outdoor
Here's more⏬
https://www.moneycontrol.com/news/technology/wonderla-imagicaa-to-add-more-thrills-new-theme-parks-after-bumpy-covid-ride-12254651.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Wonderla, Imagicaa to add more thrills, new theme parks after bumpy Covid ride
Top amusement park chains, which had struggled during the pandemic, are now expanding their portfolio with newer parks in more cities.
#IPOWithMC | Rashi Peripherals made a decent market debut and listed at a 9.16% premium over the #IPO price. The stock opened at Rs 339.5 on #NSE and Rs 335 on #BSE against the issue price of Rs 311.
Details here ⤵️
https://moneycontrol.com/news/business/ipo/rashi-peripherals-stock-lists-at-9-premium-to-ipo-price-12263141.html?utm_source=telegram&utm_medium=social
Details here ⤵️
https://moneycontrol.com/news/business/ipo/rashi-peripherals-stock-lists-at-9-premium-to-ipo-price-12263141.html?utm_source=telegram&utm_medium=social
Moneycontrol
Rashi Peripherals stock lists at 9% premium to IPO price
Rashi Peripherals IPO: The stock opened at Rs 339.5 on the National Stock Exchange and Rs 335 on the BSE against the issue price of Rs 311
#IPOWithMC | Jana Small Finance Bank had a muted market debut, listing at a 4% discount over the IPO price. The stock opened at Rs 396 on the NSE against the issue price of Rs 414.
Details here ⤵️
https://moneycontrol.com/news/business/ipo/muted-listing-jana-small-finance-bank-lists-at-4-discount-to-ipo-price-12263031.html?utm_source=telegram&utm_medium=social
Details here ⤵️
https://moneycontrol.com/news/business/ipo/muted-listing-jana-small-finance-bank-lists-at-4-discount-to-ipo-price-12263031.html?utm_source=telegram&utm_medium=social
Moneycontrol
Muted Listing | Jana Small Finance Bank lists at 4% discount to IPO price
The Rs 570-crore offer, which consisted of a fresh issue of 1.11 crore shares worth Rs 462 crore and an OFS of 26.08 lakh shares worth Rs 108 crore, was subscribed 19.8 times
🌐 MC Explainer: UPI makes its mark in the UAE! 🇦🇪
Check out the full list of nations adopting India's payment system⏬🤝💳
https://www.moneycontrol.com/news/business/mc-explainer-upi-in-uae-full-list-of-nations-that-adopted-indias-payment-system-pm-modi-12263491.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Check out the full list of nations adopting India's payment system⏬🤝💳
https://www.moneycontrol.com/news/business/mc-explainer-upi-in-uae-full-list-of-nations-that-adopted-indias-payment-system-pm-modi-12263491.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
MC Explainer | UPI in UAE: Full list of nations that adopted India's payment system
The introduction of UPI services in Abu Dhabi marked a significant milestone in India-UAE relations, showcasing the commitment of both nations to enhance financial connectivity and promote digital innovation. During the bilateral meeting between PM Modi and…
Carlyle is considering a departure from Airtel's data center business. In 2020, Carlyle had acquired a 24% stake in Nxtra Data, India's leading data center operator, for approximately Rs 1,780 crore ($235 million).
Read on🔽
https://www.moneycontrol.com/news/business/carlyle-eyes-exit-from-airtels-data-center-business-12263081.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Read on🔽
https://www.moneycontrol.com/news/business/carlyle-eyes-exit-from-airtels-data-center-business-12263081.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Carlyle eyes exit from Airtel’s data center business
Carlyle acquired a 24% stake in Nxtra Data, India’s largest data centre operator, for around Rs1,780 crore ($235 million) in 2020
#IPOWithMC | 🏦 Capital Small Finance Bank made a weak debut on bourses, listing at an 8.1% discount to the IPO price. The stock opened at Rs 430 on the NSE and Rs 435 on the BSE, against the issue price of Rs 468.
Read on ⏬
https://moneycontrol.com/news/business/ipo/capital-small-finance-banks-weak-listing-debuts-at-8-discount-to-ipo-issue-price-12263481.html?utm_source=telegram&utm_medium=social
Read on ⏬
https://moneycontrol.com/news/business/ipo/capital-small-finance-banks-weak-listing-debuts-at-8-discount-to-ipo-issue-price-12263481.html?utm_source=telegram&utm_medium=social
Moneycontrol
Capital Small Finance Bank's weak listing; debuts at 8% discount to IPO issue price
The price band for the issue was fixed at Rs 445-468 per share. The IPO, valued at Rs 523.07 crore, garnered a subscription of 4.17 times between February 7 and February 9.
#MCExclusive | API regulations could deal a fatal blow to unregulated algorithms and certain illegal PMS.
Insiders provide insights into the evolving norms and the regulatory objectives⏬
https://www.moneycontrol.com/news/business/markets/mc-exclusive-api-norms-may-deliver-a-deathblow-to-unregulated-algos-some-illegal-pms-es-12263651.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Insiders provide insights into the evolving norms and the regulatory objectives⏬
https://www.moneycontrol.com/news/business/markets/mc-exclusive-api-norms-may-deliver-a-deathblow-to-unregulated-algos-some-illegal-pms-es-12263651.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
MC Exclusive| API norms: How Sebi plans to crack down on unregulated algo sellers, illegal PMS
Insiders reveal what the regulator is targeting and how the norms are taking shape.
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PM Modi on how the Abu Dhabi temple proposal got approved
#MCPersonalFinance | Have Rs 10 lakh for investment?
Franklin Templeton's Equities Head, Janakiraman Rengaraju, suggests allocating it to these 5 sectors or a single Mutual Fund category.
Read on here🔽
https://www.moneycontrol.com/news/business/personal-finance/got-rs-10-lakh-to-invest-put-it-in-these-5-sectors-or-1-mf-category-says-franklin-templeton-equities-head-janakiraman-12263331.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Franklin Templeton's Equities Head, Janakiraman Rengaraju, suggests allocating it to these 5 sectors or a single Mutual Fund category.
Read on here🔽
https://www.moneycontrol.com/news/business/personal-finance/got-rs-10-lakh-to-invest-put-it-in-these-5-sectors-or-1-mf-category-says-franklin-templeton-equities-head-janakiraman-12263331.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Got Rs 10 lakh to invest? Put it in these 5 sectors or 1 MF category, says Franklin Templeton equities head Janakiraman
Janakiraman Rengaraju, Chief Investment Officer, Emerging Markets Equities – India, Franklin Templeton India Asset Management Co Ltd, likes power utility companies that are waiting to tap into new energies
BCG warns that volatility in crude prices might persist until 2030 due to a shortfall in investments.
Shubhangi Mathur has more⏬
https://www.moneycontrol.com/news/business/volatility-in-crude-prices-may-continue-until-2030-amid-lack-of-investments-bcg-12259951.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Shubhangi Mathur has more⏬
https://www.moneycontrol.com/news/business/volatility-in-crude-prices-may-continue-until-2030-amid-lack-of-investments-bcg-12259951.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Volatility in crude prices may continue until 2030 amid lack of investments: BCG
Under-investment in the energy sector over the last 10 years, despite growing demand, will be a major reason for volatility in oil prices, said Boston Consulting Group’s Pattabi Seshadri.
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Watch the consecration ceremony of BAPS Hindu Temple, Abu Dhabi.
#TechWithMC | Founding member Andrej Karpathy bids farewell to OpenAI. In a post on X, he announced his departure, expressing his decision to pursue personal projects.
Know more about why he did decided to leave⏬
https://www.moneycontrol.com/news/technology/openai-founding-member-andrej-karpathy-departs-12263761.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Know more about why he did decided to leave⏬
https://www.moneycontrol.com/news/technology/openai-founding-member-andrej-karpathy-departs-12263761.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
OpenAI founding member Andrej Karpathy departs
Karpathy announced his departure from OpenAI in a post on X, stating that he is leaving to pursue personal projects.