Ameya Karve Bloomberg
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Zomato Layoffs Erase Rs 2,600 Crore From India's Info Edge
Info Edge shares, which rose 1% on September 9, have since fallen 10% as investors saw the layoffs as a sign the slowdown in consumption is spreading.
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Ramdev's Company Makes New Acquisition For $600 Million
Patanjali Consortium Adhigrahan Pvt. -- a venture by Patanjali Ayurved Ltd. and three other companies -- will merge with Ruchi Soya.
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Netflix's Indian Rival ALT Balaji Eyes Profits With 60 New Shows
Digital subscribers in India are expected to increase to about 110 crorein 2030 from 52.8 crore in 2018, according to KPMG India.
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"Today I Give Up": Note Attributed To Cafe Coffee Day Founder By His Firm
VG Siddhartha, the founder of India's biggest coffee chain, has been confirmed dead days after he purportedly wrote a letter indicating he was anxious about pressure from banks, investors and the tax authorities.
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Investors Lose Rs 2.9 Lakh Crore In Market Value Since Budget
A higher surcharge on wealthy Indians in the budget has spooked non-resident and overseas funds enough to erase Rs 2.9 lakh crore in market value.
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$30 Billion Wiped Off India Stocks As Tax Clarity Eludes Market
Finance Minister Nirmala Sitharaman in her budget speech Friday proposed to increase the surcharge from 15 per cent to 25 per cent for those with taxable incomes of between Rs 2 crore and Rs 5 crore, and to 37 per cent for those earning more than Rs 5 crore. This takes the effective tax rate for those two groups to 39 per cent and 42.74 per cent, r...
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Time To Take Money Out Of Stocks, Says Top Life Insurer
SBI Life expects earnings at country's top 50 companies to rise as much as an average of 14 per cent in the financial year that started April 1.
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A Manager Who Saw India Credit Crisis Now Warns Of Realty Stress
The country hardly needs more stresses now just as credit markets regain some normalcy after policy makers took steps to inject more liquidity into the financial system.
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Regulator Sebi Takes Aim at 'Extremist' Speculators With Derivative Rule
The volume in the equity derivatives market to the cash segment has increased from 2.9 times in 2009.
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India's Stocks Hostage to US Fed Rate Cycle, Says Mutual Fund Giant
While the U.S. central bank's influence on emerging assets is hardly an unknown phenomenon, India's $2 trillion stock market has also been whipsawed in recent months by homegrown narratives.
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WhatsApp Message Destroyed 71% of A Company's Value In A Single Day
Speculation mounted before a shareholder meeting on Saturday after a message attributed to brokerage Equirus Securities Pvt. began circulating on WhatsApp, said Bhavin Mehta, an analyst at Dolat Capital Market Ltd.
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2019 Elections Could Be The Best Thing For Investors. Here's A Guide
While Prime Minister Narendra Modi faces an uphill battle to sustain his party's majority in the key lower house of parliament, the past six elections show positive returns for Indian equities over the two years that straddle the vote -- regardless of whether power changed hands.
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Thousands Of Farmers In Mumbai To Remind PM Modi Of Promises
Nearly 50,000 farmers gathered in Mumbai today demanding loan waivers and higher crop prices despite Prime Minister Narendra Modi's promise to ensure a 50 percent return over production costs before the national election in 2019.
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Indian Firm With 3,985% Rally Bets On Phone-Operated Fan, Heater
The company, which started 40 years ago with a mere 100,000 rupees, now has products ranging from food mixers to fans and is betting that rising personal incomes in the world's second-most populous nation and more than a billion mobile-phone connections will boost its sales further.
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Sohini Andani, $3 Billion Manager, Says Gandhi And Gita Are Go-To
In June 1995, a young Sohini Andani showed up uninvited at the Mumbai office of K.R. Choksey, the famous broker and investor, and told him she wanted a job. She'd read about his investment process in a magazine.
-
Zomato Layoffs Erase Rs 2,600 Crore From India's Info Edge
Info Edge shares, which rose 1% on September 9, have since fallen 10% as investors saw the layoffs as a sign the slowdown in consumption is spreading.
-
Ramdev's Company Makes New Acquisition For $600 Million
Patanjali Consortium Adhigrahan Pvt. -- a venture by Patanjali Ayurved Ltd. and three other companies -- will merge with Ruchi Soya.
-
Netflix's Indian Rival ALT Balaji Eyes Profits With 60 New Shows
Digital subscribers in India are expected to increase to about 110 crorein 2030 from 52.8 crore in 2018, according to KPMG India.
-
"Today I Give Up": Note Attributed To Cafe Coffee Day Founder By His Firm
VG Siddhartha, the founder of India's biggest coffee chain, has been confirmed dead days after he purportedly wrote a letter indicating he was anxious about pressure from banks, investors and the tax authorities.
-
Investors Lose Rs 2.9 Lakh Crore In Market Value Since Budget
A higher surcharge on wealthy Indians in the budget has spooked non-resident and overseas funds enough to erase Rs 2.9 lakh crore in market value.
-
$30 Billion Wiped Off India Stocks As Tax Clarity Eludes Market
Finance Minister Nirmala Sitharaman in her budget speech Friday proposed to increase the surcharge from 15 per cent to 25 per cent for those with taxable incomes of between Rs 2 crore and Rs 5 crore, and to 37 per cent for those earning more than Rs 5 crore. This takes the effective tax rate for those two groups to 39 per cent and 42.74 per cent, r...
-
Time To Take Money Out Of Stocks, Says Top Life Insurer
SBI Life expects earnings at country's top 50 companies to rise as much as an average of 14 per cent in the financial year that started April 1.
-
A Manager Who Saw India Credit Crisis Now Warns Of Realty Stress
The country hardly needs more stresses now just as credit markets regain some normalcy after policy makers took steps to inject more liquidity into the financial system.
-
Regulator Sebi Takes Aim at 'Extremist' Speculators With Derivative Rule
The volume in the equity derivatives market to the cash segment has increased from 2.9 times in 2009.
-
India's Stocks Hostage to US Fed Rate Cycle, Says Mutual Fund Giant
While the U.S. central bank's influence on emerging assets is hardly an unknown phenomenon, India's $2 trillion stock market has also been whipsawed in recent months by homegrown narratives.
-
WhatsApp Message Destroyed 71% of A Company's Value In A Single Day
Speculation mounted before a shareholder meeting on Saturday after a message attributed to brokerage Equirus Securities Pvt. began circulating on WhatsApp, said Bhavin Mehta, an analyst at Dolat Capital Market Ltd.
-
2019 Elections Could Be The Best Thing For Investors. Here's A Guide
While Prime Minister Narendra Modi faces an uphill battle to sustain his party's majority in the key lower house of parliament, the past six elections show positive returns for Indian equities over the two years that straddle the vote -- regardless of whether power changed hands.
-
Thousands Of Farmers In Mumbai To Remind PM Modi Of Promises
Nearly 50,000 farmers gathered in Mumbai today demanding loan waivers and higher crop prices despite Prime Minister Narendra Modi's promise to ensure a 50 percent return over production costs before the national election in 2019.
-
Indian Firm With 3,985% Rally Bets On Phone-Operated Fan, Heater
The company, which started 40 years ago with a mere 100,000 rupees, now has products ranging from food mixers to fans and is betting that rising personal incomes in the world's second-most populous nation and more than a billion mobile-phone connections will boost its sales further.
-
Sohini Andani, $3 Billion Manager, Says Gandhi And Gita Are Go-To
In June 1995, a young Sohini Andani showed up uninvited at the Mumbai office of K.R. Choksey, the famous broker and investor, and told him she wanted a job. She'd read about his investment process in a magazine.
