BankingStrategy, ProductInnovation, IndWatch. Passionate about ideating new opportunity in BFSI. Foresee emerging trends, technology led & spot risks #Digital
CRICKET fevers are catching up within and outside INDIA 👉 Cricket Fan Club 🏏
🇮🇳 🦚 Are you ready for the FINAL 🇦🇺 🦘 👉 INDIA maintained its 100% WIN Record; remain a favorite to lift the ICC Cricket World Cup, 2023
What's your prediction, select Your' Winning TEAM 🏏 Vote🙏
Indian Minister of State Rajeev Chandrashekhar, said "Safe harbour and immunity provided under Section 79 of the Information Technology Act, 2000, will not apply to platforms that are involved in search bias, algorithmic bias, or biases in AI models."
#IT#India#Google#Twitter
Maruti Suzuki update
Gujarat GST Authority 👉 Show Cause Notice (SCN) has been issued by Gujarat GST Department for the period July, 2017 to March, 2018 on account of reconciliation of tax returns filed by company
The total demand amount mentioned in SCN is Rs.17.87 million
The latter entails the issuance of a maximum of 15,50,000 warrants, convertible into an equivalent number of equity shares of face value of Rs 2 each, to its promoter entity, Bajaj Finserv. This PI is set to raise an aggregate amount not exceeding Rs 1,200 crore via PI.
#Bajaj
A capital raising effort of up to Rs 8,800 crore via a Qualified Institutions Placement ("QIP"), which entails the issuance of equity shares with a face value of Rs 2 each, and a further financial manoeuvre involving a Preferential Issue (“PI”).
On the 5th of October, Bajaj Finance unveiled, through an exchange filing, its strategic initiative to raise a substantial sum of Rs 10,000 crore This substantial capital infusion is poised to be executed through a two-pronged approach
@Bajaj_Finance@Bajaj_Finserv#BajajFinance
GLOBAL & INDIAN MARKETS | 9th AUG 2023 | Daily Report
We have revised our INDIAN MARKETS👉MARCH 2024👉TARGET
#NIFTY50👉 23,000
#BANKNIFTY👉53,000
Look for our Top pick for the fiscal year 23-24👉Each one of them are out performer
#NSE
https://t.co/aP3SOa5cCC via @YouTube
Guidance for FY2024
Cargo volumes during the period to be 370-390 MMT
Revenue for the period to be Rs 24,000-25,000 Cr
EBIDTA for the period to be Rs 14,500-15,000 Cr
Net Debt to EBITDA to be reduced to ~2.5x
Capex for the period to be Rs 4,000-4,500 Cr
@AdaniOnline@Adaniports
Ports business EBITDA margin expanded by ~150 bps to 72% with improved realization & operating efficiencies
Logistics business EBIDTA margin expanded by ~150 bps to 28% aided by increase in cargo volumes & sweating of assets
@AdaniOnline@Adaniports@gautam_adani@NSEIndia#BSE
Adani Ports👉first quarter 2023
PAT for the quarter🚀80% Y-o-Y to Rs 2,119 Cr
Cargo volume growth of 12% Y-o-Y to over 101 MMT, supported by containers growth of 15%
APSEZ’s market share in India jumps around 200bps to 26%
@AdaniOnline@Adaniports@gautam_adani@NSEIndia#BSE
Adani Ports👉first quarter 2023
PAT for the quarter🚀80% Y-o-Y to Rs 2,119 Cr
Cargo volume growth of 12% Y-o-Y to over 101 MMT, supported by containers growth of 15%
APSEZ’s market share in India jumps around 200bps to 26%
@AdaniOnline@Adaniports@gautam_adani@NSEIndia#BSE