EbixCash Global Services wins contracts worth Rs 25 cr (14-10-2024)
Eraaya Lifespaces announced that its Indian subsidiary EbixCash Global Services (ECGS) has successfully secured multi-year contracts with an “Annual Contract Value” of Rs 25 crore (Approx). These contracts encompass Business Operations, Process Management, and Customer Care Services across various sectors, including Healthcare, E-Commerce, Agriculture, Banking, Financial Services and Insurance (BFSI), and Telecom.
Star Housing Finance: Rising Star in the Affordable Housing Finance Space? (14-10-2024)
In risks – you should add the constant need for raising equity and diluting the EPS – cause it will be tough to raise capital from market otherwise. They probably cant exceed 4x leverage while the competitors can do 6-7x leverage. That is one of the reasons ROE is suppressed.
Promoters selling of their stake in the open market is another dampener.
Also most of the disbursements have been in the last tow years. Too soon to read too much into their GNPA numbers.
Row over ISMA’s suggestion to regulate khandsari units (14-10-2024)
Opposing curbs, traditional sweeteners body BHAKTI says Centre should not be swayed by false narratives
National Electricity Plan launched for transmitting of 500 GW of Renewable Energy installed capacity by 2030 (14-10-2024)
A National Electricity Plan (Transmission) has been launched by Cabinet Minister for Power and Housing & Urban Affairs, Manohar Lal. CEA with the aim of transmitting of 500 GW of Renewable Energy installed capacity by the year 2030 and over 600 GW of Renewable Energy installed capacity by the year 2032, prepared the detailed Nation Electricity Plan (Transmission) in consultation with various Stakeholders.
Red Flags? Top 5 stocks experiencing increased days of receivables (14-10-2024)
StockEdge highlights 5 Nifty500 stocks with the highest Days of Receivables, indicating potential cash flow issues or billing inefficiencies. This could impact their liquidity and financial stability if it persists.
Ceenik Exports (India) standalone net profit rises 3192.31% in the September 2024 quarter (14-10-2024)
Reported sales nil
J Taparia Projects reports standalone net profit of Rs 0.17 crore in the September 2024 quarter (14-10-2024)
Sales reported at Rs 16.72 crore