Nazara Technologies founder says when there is no clarity, companies like his find it difficult to invest or build these businesses. A lot of fly-by-night operators in India or outside take advantage of it
This was particularly true for OEMs or original equipment manufacturers with a line-up of SUVs in their arsenal, given the steady popularity of the segment
When Nazara technologies listed on March 2021, it became the first games company in India to go public. In this episode of Life After Listing, the management team of the company explain why gaming is having a breakout moment today and key trends going forward. Catch Joint MD, Nitish Mittersain , CEO, Manish Agarwal and Chairman & MD, Vikash Mittersain take us through how one man's passion 20 years ago has resulted in an iconic business. 'Life After Listing' is a special series that focuses on the key changes for a company's management and founders/promoters after their company goes public. India's primary markets have seen a rush of IPOs since September 2020.
IFSC-based lessors are now at par with lessors in most competitive foreign jurisdictions in terms of withholding tax on lease rentals paid by Indian operators.
The massive loss was due to a one-time write-down of inventory worth Rs 509.50 crore.
TCS results, services PMI, minutes of the US Federal Open Market Committee meeting are key data points to track
Green energy stocks have taken a hit amid the Russia-Ukraine war and the current inflationary macro environment, but ReNew Power's financials are stronger than the time of listing, Sinha said
Key to the program, first mooted in the federal budget in February, is the government’s desire to standardize the size of batteries to make them compatible with all vehicles using swap stations, the 40-page document shows.
The amount will be utilised towards financing the existing loans, its Additional General Manager (AGM) Amit Rautela told PTI.
The company said it has crossed the one lakh sales mark in the first six months of 2022, dispatching 1,21,808 units in the domestic market. In June, Seltos and Carens remained the top contributors to Kia's overall sales with 8,388 and 7,895 units, respectively.
The company had dispatched 1,47,368 units to dealers in June 2021, MSI said in a statement.
Domestic sales (two-wheelers and commercial vehicles) declined 15 per cent to 1,38,351 units last month from 1,61,836 units in June 2021, it said in a statement on Friday.
The momentum in sales (evident across all models) comes on the back of some ease in semiconductor availability, even though the outlook remains constrained in the wake of supply-chain roadblocks and persistent logistical headwinds, the company said in a statement.
In a late night regulatory filing on Thursday, the two-wheeler major stated that the tribunal has ruled in its favour regarding the use of the trademark.
The benchmark one-year tenor MCLR -- against which most of the consumer loans are based upon -- will be 7.55 per cent as against 7.40 per cent presently, Indian Bank said in a regulatory filing.
The board has also recommended taking the approval of the shareholders in the ensuing annual general meeting for raising funds by issue of equity shares through Qualified Institutional Placement.
HSBC exited the Indian private banking business in 2015 as part of a group strategy. The lucrative but very competitive Indian market has few foreign players in a segment catering to high-net-worth individuals.
Mehta will continue to be Chief Executive Officer and Managing Director, Hindustan Unilever Limited (HUL), and President, Unilever South Asia, the company said.
The Confederation of All India Traders (CAIT) urged the government to probe the cash and carry player accusing it of selling to consumers even as it operates a B2B model in India.
The rupee has sunk to a record low against the dollar and the key question is how far will it fall? Watch Santo and CJ discuss rupee's fate as well as share their thoughts on stocks including Devyani International, MCX, and Ipca Labs.
It is a special year for both India and Bosch India, as the nation celebrates 75 years of Independence and Bosch celebrates a century of its presence in India, Modi said in his inaugural address, according to a company statement.
In a stock exchange filing, IOC said its board has approved raising of Digboi refinery capacity from 0.65 million tonnes per annum to 1 million tonnes along with associated facilities at an estimated cost of Rs 740.20 crore.
The programme will initially train 60 to 100 women in the first phase and then scale it up to a 1,000.
A meeting of the Board of Directors will be held on Wednesday, July 6, 2022, a BSE filing said.
Himachal Pradesh, Uttar Pradesh, Odisha, and Madhya Pradesh are the other states categorised as achievers in the ranking.