GLOBAL FORAY
Kalyan Jewellers to enter US market, plans 70 new showrooms globally In its quarterly update report released today, the company has said that it has reported overall revenue growth of approximately 27% YoY, whereas revenue growth for India operations stood at 29% during Q1 FY2025. Revenue growth from Middle East oper...
05 Jul, 2024, 12.05 PM ISTKoo founders on why the social media app is shutting down Once considered as a rival of X (previously Twitter), Tiger Global-backed Indian social media app Koo is shutting down operations. the company founder Aprameya Radhakrishna said on social media. "As for us, we are entrepreneurs at heart and you will...
03 Jul, 2024, 06.44 PM ISTAmul to be a part of India’s journey but capital market is not a possibility anytime soon: MD Amul and the new multi-state cooperative organics both will do handholding of all these farmers, even encourage more farmers elsewhere to get into this space, work on getting the certification of their soil, and use Amul economy model where they can...
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US fund Platinum acquires Inventia Health in India foray Platinum Equity makes its debut in India by acquiring a majority stake in Mumbai's Inventia Healthcare. With a valuation of Rs 2,500 crore, the deal sees PE investors exiting while the promoter retains a minority stake. Platinum Equity, managing ove...
01 Jul, 2024, 01.31 AM ISTThyssenkrupp India lines up sustainable aviation fuel foray Thyssenkrupp Industries India, whose majority shares were recently sold by its German parent company, is set to enter the sustainable aviation fuel (SAF) sector as part of its new business strategy under Indian ownership. Vivek Bhatia, the managing ...
27 Jun, 2024, 11.50 PM ISTAditya Birla Group’s chemical ops to foray in US with USD 50 million investment The Aditya Birla Group is already present in the US through Hindalco Industries-owned Novelis Inc and Aleris Inc, and Georgia-based Birla Carbon. It currently has an investment of more than $15 billion in businesses in the US, and is the largest Ind...
26 Jun, 2024, 07.50 PM ISTGood time for IndiGo to grab market share in international segment: Pieter Elbers If you look at international, though, we do 33 destinations today and they are pretty much in the region and some of the regional and I would say beyond regional expansions, which we recently did, starting flights into Africa, starting flights into...
18 Jun, 2024, 03.47 PM ISTHavells India partners with Jumbo Group for kitchen appliances in UAE Havells India has partnered with Jumbo Group in the UAE to introduce kitchen appliances. Online sales on jumbo.ae will be followed by retail distribution. Havells aims to enhance brand presence and customer accessibility. Jumbo Group CEO emphasizes ...
10 Jun, 2024, 02.49 PM ISTLow voter turnout means doomsday? 6 reasons why investors are overreacting Investors fear low voter turnout affecting Sensex, Nifty, India VIX, and Dalal Street. Pashupati Advani warns of market dive if BJP doesn't secure 250 seats. Speculations and analysis highlight market worries in states like Kerala, West Bengal, and ...
17 May, 2024, 09.13 AM ISTAcer group forays into consumer electronics; eyes $100 million in sales Harish Kohli, president and managing director of Acer India said that the company hopes to achieve the $100 million in business milestone as soon as possible.
16 May, 2024, 09.31 PM ISTWhat is the best way to play the election uncertainty? Pashupati Advani answers Pashupati Advani discusses telecom sector, Bharti Airtel, Indus Towers, challenges faced by private banks, HDFC Bank, election uncertainty, and insights on IPOs and the primary market. Advani says: "If one was being prudent, I would actually say tak...
16 May, 2024, 09.20 AM ISTRaymond's board approves demerger of engineering biz for its foray into aerospace, defence, EV The boards of Raymond's various subsidiaries have approved a demerger of its engineering business to allow it to expand into sunrise sectors like aerospace, defense, and electric vehicle components. The merger will consolidate Raymond's engineering ...
03 May, 2024, 03.23 PM ISTPashupati Advani on where he is taking some chips off the table & what stocks he is buying now Pashupati Advani expresses concerns about the IT sector's changing business models and the potential dominance of big American companies in AI. He is optimistic about the growth in the infrastructure sector, particularly for construction and cement ...
21 Apr, 2024, 09.00 AM ISTMahindra arm forays into hybrid renewables segment with a Rs 1,200 crore project Mahindra Group ventures into hybrid renewable energy with a Rs 1,200 crore investment in a solar and wind project, partnering with Ontario Teachers' Pension Plan Board. Mahindra Susten will develop the project, comprising 101 MW wind and 52 MW solar...
15 Apr, 2024, 01.47 PM ISTInvest in pharma for safety but be wary of IT names now: Pashupati Advani Pashupati Advani discusses the resurgence of pharma, challenges in the IT sector, and the future of FMCG stocks. He also comments on HDFC Bank's performance, the EV market, and Avenue Supermarts' growth potential in India. Advani says: ". I think ph...
05 Apr, 2024, 09.13 AM ISTShould one be extra cautious in 2024? Pashupati Advani answers Pashupati Advani says: “The public sector is driving the boost in the economy. One should be bullish on those enterprises. Plus, the government will probably sell some shares off in the secondary markets. Some of them are even looking interesting to...
01 Jan, 2024, 04.46 PM ISTKalpataru Projects International bags orders worth Rs 3,244 crore; forays into metro tunnelling segment Kalpataru Projects International, along with its overseas subsidiaries and joint ventures, has secured new orders totaling Rs 3,244 crore. The orders include a contract for the design and construction of an underground metro rail project. The compan...
29 Dec, 2023, 10.52 AM ISTNew patterns coming up in India and we have to predict those to make money: Pashupati Advani “The equipment manufacturers are definitely there, the cement is also seeing some life, steel is seeing some life because these are all essential ingredients for any kind of construction and that is the sector I have been looking at and I have nibbl...
06 Nov, 2023, 09.24 AM ISTTime to be picky and go for high quality and good management stocks: Pashupati Advani "One should be cautious in the auto sector due to high interest rates and inventory build-up. There will be consolidation and oneshould wait for better opportunities. Coming to real estate stocks, there is potential in second-tier town builders and ...
15 Sep, 2023, 09.25 AM ISTBuying in Reliance shares is not going to happen right now: Pashupati Advani "Reliance is investing around $150 billion in its growth, which may not immediately reflect in its bottom line. The recent AGM did not have any major value unlocking announcements, except for the launch of Jio AirFiber and plans for nationwide 5G co...
28 Aug, 2023, 04.02 PM IST