#MCPersonalFinance | SEBI proposes new high-risk mutual fund category with βΉ10L minimum investment to regulate unauthorized products & boost innovative strategies using derivatives. π
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Moneycontrol
SEBIβs proposal on new risky asset class for mutual funds: Blessing or a curse?
The product category with a minimum ticket size of Rs 10 lakh will curb the proliferation of unauthorised investment products and creates a structure for differentiated and higher risk strategies. At the same time, it will allow derivatives to be used forβ¦
#INDIA | π₯ Fire broke out at Veg Gulati restaurant in Delhi at 2:48 am, starting in the sitting area and spreading to the first floor. No injuries reported.
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Moneycontrol
Delhi: Fire breaks out at Veg Gulati restaurant, no one injured
The fire broke out at 2.48 am in the sitting area of Veg Gulati restaurant and soon spread to the first floor, a DFS official said.
#Business | π Nvidia, Pfizer, Thermo Fisher, & OurCrowd invest $80 million in Israeli medical AI tech firm CytoReason. π
Stay updatedπ½
https://www.moneycontrol.com/news/business/nvidia-pfizer-lead-80-million-funding-for-israeli-medical-ai-tech-firm-cytoreason-12771336.html#google_vignette?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Nvidia, Pfizer lead $80 million funding for Israeli medical AI tech firm CytoReason
Nvidia, Pfizer, Thermo Fisher and venture capital investor OurCrowd participated in the round, CytoReason said
#INDIA | π "Andhra ready to welcome you": Nara Lokesh invites Nasscom amid Karnataka's quota decision backlash. πΌ
Click π for more info!
https://www.moneycontrol.com/news/india/andhra-ready-to-welcome-you-nara-lokesh-to-nasscom-amid-backlash-over-karnataka-quota-decision-12771415.html#google_vignette?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
'Andhra ready to welcome you': Nara Lokesh to Nasscom amid backlash over Karnataka quota decision
Andhra Pradesh minister Nara Lokesh on Wednesday welcomed IT firms to relocate their businesses to his state amid a massive backlash over Karnataka government's decision to reserve jobs for locals.We will offer you best-in-class facilities, uninterruptedβ¦
#INDIA | Maharashtra launches job training and stipend scheme for men in Pandharpur, Solapur district on Ashadhi Ekadashi π π
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Moneycontrol
Maharashtra govt declares job training and stipend scheme
Shinde declared broad features of the new scheme, primarily targeting men, at Pandharpur in Solapur district on the occasion of Ashadhi Ekadashi
#Business | Top 10 PSU banks' heads earned less than half of Axis Bank CEO's payout in FY24 π¦πΌ
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Moneycontrol
Total salary of top 10 PSU banks' heads was less than half of Axis Bank's chief's payout in FY24
Kotak Mahindra Bank MD and CEO Ashok Vaswani netted Rs 1.83 crore in the previous financial year, and Amitabh Chaudhry, MD and CEO of Axis Bank, got Rs 9.11 crore.
#EarningsWithMC | π LTIMindtree sees bright prospects ahead in FY25! Q1 results reveal a 3% QoQ rise in net profit to βΉ1,133.8 crore and 2.8% QoQ growth in revenue to βΉ9,142.6 crore. Bullish on BFSI and Tech sectors.
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Moneycontrol
LTIMindtree bullish on rest of FY25, seeing green shoots in BFSI, Tech verticals
LTIMindtree's June quarter results, reported on July 17, showed a consolidated net profit increase of 3 percent QoQ to Rs 1,133.8 crore, while revenue rose 2.8 percent QoQ to Rs 9,142.6 crore.
#BUSINESS | π Citi plans to ramp up investment banking team in India amid surge in deals. MD Rahul Saraf aims for a "meaningful increase" from current 30 dealmakers.
Read for more info!π
https://www.moneycontrol.com/news/business/citi-to-boost-investment-banking-headcount-in-india-betting-on-deals-surge-12771431.html#google_vignette?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Citi to boost investment banking headcount in India betting on deals surge
"We haven't firmed up the numbers, but it would be a meaningful increase between this year and next year," Rahul Saraf, managing director and head of India investment banking unit, which currently has around 30 dealmakers, told Reuters
#TechWithMC | πΊοΈ Google cuts Maps Platform prices for Indian devs by up to 70% starting August 1. Timely move amid Ola Maps push by Bhavish Aggarwal.
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https://www.moneycontrol.com/technology/google-to-slash-maps-platform-pricing-for-indian-developers-by-up-to-70-from-august-1-article-12771471.html#google_vignette?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Google to slash Maps Platform pricing for Indian developers by up to 70% from August 1
Google Maps API price reduction comes at a time when Ola chief Bhavish Aggarwal has been publicly encouraging developers to adopt Ola Maps for their mapping needs.
#MarketsWithMC | What's the latest news from the stock market? π§
Get a quick look at which stocks will be in focus in trade todayπ
Read details on #StockRadar π
https://www.moneycontrol.com/news/business/markets/stock-radar-asian-paints-aditya-birla-money-just-dial-airtel-paytm-in-focus-on-thursday-12771474.html?telegram
Get a quick look at which stocks will be in focus in trade todayπ
Read details on #StockRadar π
https://www.moneycontrol.com/news/business/markets/stock-radar-asian-paints-aditya-birla-money-just-dial-airtel-paytm-in-focus-on-thursday-12771474.html?telegram
Moneycontrol
Stock Radar: Asian Paints, Aditya Birla Money, Just Dial, Airtel, Paytm in focus on Thursday
L&T Finance, Network18 Media and Investments, TV18 Broadcast, Alok Industries, and KEC International will also be in focus on Thursday.
#MCEssential | Good Morning π» Missed yesterday's top news? βοΈποΈ
No worries! We've got you covered with a quick catch-up π
https://www.moneycontrol.com/news/business/moneycontrol-daily-your-essential-7-1110-12771480.html?telegram
No worries! We've got you covered with a quick catch-up π
https://www.moneycontrol.com/news/business/moneycontrol-daily-your-essential-7-1110-12771480.html?telegram
Moneycontrol
Moneycontrol Daily: Your Essential 7
A daily round-up of the most interesting articles to help jump-start the day
#MarketsWithMC | Here's a crisp take on key #market moves & trends that give you a birdβs eye view of whatβs happening only on #ShortCall π
Read atπ
https://www.moneycontrol.com/news/business/markets/short-call-bull-case-for-realty-stocks-us-commercial-property-market-asian-paints-dixon-coal-india-natco-pharma-fortis-in-focus-12771524.html?telegram
Read atπ
https://www.moneycontrol.com/news/business/markets/short-call-bull-case-for-realty-stocks-us-commercial-property-market-asian-paints-dixon-coal-india-natco-pharma-fortis-in-focus-12771524.html?telegram
Moneycontrol
Short Call: Bull case for realty stocks, US commercial property market, Asian Paints, Dixon, Coal India, Natco Pharma, Fortis inβ¦
In investing, being a cheapskate, and not paying up, helps β a lot. Joel Tillinghast
#MarketsWithMC | Here's a crisp take on key #market moves & trends that give you a birdβs eye view of whatβs happening only on #ShortCall π
Read atπ
https://www.moneycontrol.com/news/business/markets/short-call-bull-case-for-realty-stocks-us-commercial-property-market-asian-paints-dixon-coal-india-natco-pharma-fortis-in-focus-12771524.html?telegram
Read atπ
https://www.moneycontrol.com/news/business/markets/short-call-bull-case-for-realty-stocks-us-commercial-property-market-asian-paints-dixon-coal-india-natco-pharma-fortis-in-focus-12771524.html?telegram
#NewsAlertπ¨Two STF constables killed, four injured in IED blast triggered by Naxalites in Chhattisgarh's Bijapur district
#BrokerageRadar π Asian Paints, Eicher Motors and Bajaj Auto in focusπ
π’ Check out the latest brokerage calls and analyst comments on these stocks π
https://www.moneycontrol.com/news/business/markets/brokerage-radar-analysts-cautious-on-asian-paints-eicher-motors-and-bajaj-auto-12771549.html?telegram
π’ Check out the latest brokerage calls and analyst comments on these stocks π
https://www.moneycontrol.com/news/business/markets/brokerage-radar-analysts-cautious-on-asian-paints-eicher-motors-and-bajaj-auto-12771549.html?telegram
Moneycontrol
Brokerage Radar: Analysts cautious on Asian Paints, Eicher Motors and Bajaj Auto
Our coverage includes Asian Paints, Eicher Motors and Bajaj Auto along with gold financiers.
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#OpeningBellπ
Stocks in focus: Asian Paints, LTIMindtree, Nazara Tech π
Infosys to report Q1 earnings today; what to expect?π€
Send in your stock related queries with #AskMCπ
π΄Tune in live atπ
https://www.youtube.com/live/KYP5fKlEcFc
Stocks in focus: Asian Paints, LTIMindtree, Nazara Tech π
Infosys to report Q1 earnings today; what to expect?π€
Send in your stock related queries with #AskMCπ
π΄Tune in live atπ
https://www.youtube.com/live/KYP5fKlEcFc
#MarketsWithMC | Stock Market Update π
π¨ Sensex, Nifty down at pre-open
πΊ Infosys, Just Dial, L&T Finance in focus
Track live updatesπ΄π
https://www.moneycontrol.com/news/business/markets/stock-market-live-sensex-nifty-50-share-price-gift-nifty-latest-updates-18-07-2024-liveblog-12771499.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
π¨ Sensex, Nifty down at pre-open
πΊ Infosys, Just Dial, L&T Finance in focus
Track live updatesπ΄π
https://www.moneycontrol.com/news/business/markets/stock-market-live-sensex-nifty-50-share-price-gift-nifty-latest-updates-18-07-2024-liveblog-12771499.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
#MCOpinion | India's Digital Payments growth relies on expanding to underserved areas and increasing transaction values, requiring collaboration among all stakeholders.
Read for more details β¬
https://www.moneycontrol.com/news/opinion/indias-digital-payments-system-needs-simpler-kyc-process-to-reach-newer-heights-12771464.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Read for more details β¬
https://www.moneycontrol.com/news/opinion/indias-digital-payments-system-needs-simpler-kyc-process-to-reach-newer-heights-12771464.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Indiaβs digital payments system needs simpler KYC process to reach newer heights
Two challenges that need to be addressed to build on the initial success is to make it easier for more people to enter the ecosystem. At the same time, protecting privacy and safeguarding users from cyberattacks are essential to retain trust
#MarketsWithMC | CLSA has maintained a 'Hold' on Zee Entertainment after the media company got approval of shareholders to raise Rs 2,000 crore through various routes
Whatβs the target price and by when you should sold it? Find out π
https://www.moneycontrol.com/news/business/markets/clsa-hold-zee-entertainment-2000-crore-fundraising-12771586.html?telegram
Whatβs the target price and by when you should sold it? Find out π
https://www.moneycontrol.com/news/business/markets/clsa-hold-zee-entertainment-2000-crore-fundraising-12771586.html?telegram
#AutoWithMC | Tesla suppliers are exploring opportunities to expand operations in India. State governments such as Gujarat and Tami Nadu are aggressively pursuing its suppliers.
Read to get more information β¬
https://moneycontrol.com/news/business/teslas-suppliers-eye-expansion-in-india-states-roll-out-red-carpet-report-12771598.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Read to get more information β¬
https://moneycontrol.com/news/business/teslas-suppliers-eye-expansion-in-india-states-roll-out-red-carpet-report-12771598.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Tesla suppliers eye expansion in India, states roll out red carpet: Report
States are competing to win Tesla's suppliers, with Gujarat and Tamil Nadu taking the lead by leveraging their robust manufacturing ecosystems
π¨ Private equity investors injected nearly $3 billion into Indian Real Estate in first half of 2024. With a robust start to the year, private equity investments in the sector are on track to exceed the $6.2 billion recorded in 2021.
Read to know more β¬
https://moneycontrol.com/news/business/real-estate/pe-investments-in-indian-real-estate-likely-to-surpass-2021-peak-12771383.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Read to know more β¬
https://moneycontrol.com/news/business/real-estate/pe-investments-in-indian-real-estate-likely-to-surpass-2021-peak-12771383.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
PE investments in Indian real estate likely to surpass 2021 peak
Private equity investments in Indian real estate in 2024 will go past the $6.2-billion mark of 2021 after a sharp dip in 2023, Knight Frank has said