Foxconn’s business in India has grown to over $10 billion till 2024.
Posts tagged Rediff
Foxconn Betting Big on South India (19-08-2024)
Foxconn’s business in India has grown to over $10 billion till 2024.
TVS Motor: Valuations factor in strong earnings growth (19-08-2024)
TVS Motor Company met expectations in terms of revenue and posted a strong margin performance in Q1FY25. The key drivers were material cost savings and a better mix. The domestic demand outlook looks good with a rural rebound but geopolitical uncertainties in key export markets may dent overall growth.
TVS Motor: Valuations factor in strong earnings growth (19-08-2024)
TVS Motor Company met expectations in terms of revenue and posted a strong margin performance in Q1FY25. The key drivers were material cost savings and a better mix. The domestic demand outlook looks good with a rural rebound but geopolitical uncertainties in key export markets may dent overall growth.
FPIs pull out Rs 21,201 crore from equities (18-08-2024)
Foreign investors continued their relentless selling in the Indian equity markets in August, offloading shares worth Rs 21,201 crore due to the unwinding of the yen carry trade, recession fears in the US and ongoing geopolitical conflicts. This came after an inflow of Rs 32,365 crore in July and Rs 26,565 crore in June, data with the depositories showed.
MFs seek greater leeway for proposed new asset class (18-08-2024)
The new asset class (NAC) proposed by the market regulator could see diverse product offerings with high-risk strategies across equity and debt if the mutual fund (MF) industry’s recommendations are incorporated into the final regulations. While the Securities and Exchange Board of India (Sebi) has suggested relaxations in investment norms for NAC compared to traditional MFs, some fund houses are advocating for further relaxations in concentration norms, greater flexibility in leverage, and the ability to invest in securities currently outside the MF domain, such as unlisted debt papers and debentures, sources reveal.
‘Rural consumption to do well going forward’ (18-08-2024)
‘Food inflation is important and if that is controlled, then consumption will go up.’
How the markets will fare this week (18-08-2024)
With the earnings season drawing to a close, stock markets will take cues from global trends and foreign investors’ trading activity this week, analysts said. The US FOMC (Federal Open Market Committee) minutes will be the major highlight this week, experts said. “This week, there are fewer cues on the macro and micro fronts, as the Q1 earnings season has concluded.
‘Putting coal-fired plants is like committing a sin’ (17-08-2024)
‘With technology advancing, we should go all out and put up solar, wind, pumped storage, and battery, and make India go green.’
Women Outnumbered In Bank Accounts! (17-08-2024)
As of March 2023, the share of accounts belonging to women stood at 36.4 per cent (917.7 million) of the total 2.52 billion individual accounts.