YouTube unveils new avenues for creators and artists in India, focusing on enhancing creative freedom and monetisation opportunities. The platform introduced BrandConnect and Podcasts for content creators. In an effort to democratise content creation, YouTube expanded the eligibility for the YouTube Partner Program (YPP), now including Shorts creators. Furthermore, ad revenue sharing for Shorts was […]
Energy segment of of Reliance Industries (RIL) performed well in Q4FY23, exceeding market expectations for Ebitda by about 5%. This was primarily due to the recovery of chemical margins, a decline in gas costs, and an increase in refining margins. The store expansion was key to growth in retail and Ebitda was in-line. Profit beat […]
By Nuvama research The company plans to expand market for UVs, tractors and LCVs auto major m&M’s Q3FY23 Ebitda Q3FY23 Ebitda of Rs 2,800 crore is in line with our estimate and consensus. The management is looking to ramp up UV production to 39k by FY23 and 49k by end-FY24, reflecting the strong confidence in […]
Brijesh Parekh HUF sold 1,40,000 shares of Alpa Laboratories Ltd (ALPA) at Rs 73.90 per share. Kadiresan sold 1,56,000 shares of Bright Solar Ltd (BRIGHT) at Rs 7.95 per share. Shreeji Capital And Finance Ltd sold 1,17,000 shares of Globe Intl Carriers Ltd (GICL) at Rs 43.00 per share. Navratri Share Trading Pvt Ltd bought […]
The Goods and Services Tax (GST) authorities have sent showcause notices to several listed companies, including Zomato, Bata India, ICICI Bank and Kotak Mahindra Bank in the past few days for non-payment of taxes, according to separate statements issued by the companies. On Tuesday, Zomato told the exchanges that the Directorate General of GST Intelligence […]
Oil prices rose in early Asian trade on Wednesday after a U.S. trade group reported a significant draw in crude oil stocks ahead of the government’s data release. Brent crude rose by 16 cents, or 0.2%, to $80.93 a barrel by 0006 GMT.U.S. West Texas Intermediate crude rose 25 cents, or 0.3%, to $77.32 a […]
In what could be the biggest IPO of this year, Mankind Pharma on Wednesday set a price band of Rs 1,026-1,080 for the offering. The fourth-largest pharmaceutical firm in the country aims to raise Rs 4,326 crore at the upper end of the price band, at a $5.26-billion valuation. This is the third public offering […]
Domestic indices were trading higher on Monday. The BSE Sensex rose 139.9 pts or 0.24% to 59,275.03 and NSE Nifty 50 jumped 42.25 pts or 0.24% to 17,455.15. Bank Nifty climbed 91.25 pts or 0.23% to 40,576.70. The top gainers on Nifty 50 were Kotak Bank (up 1.30%), Bank of Baroda (up 0.95%), HDFC Bank […]
By Karun Arya This festive season is set to be the most exciting yet. We have more brands than ever before vying for consumer attention and a share of their wallets. With the influx of hundreds of new D2C brands, the competition is tighter than ever before. As one of the largest financing platforms for […]
The government hiked the securities transactions tax, or STT, on the sale of futures and options in the Finance Bill passed in the Lok Sabha on Friday. For sale of futures in securities, the STT rate has been increased from 0.01% to 0.0125%, which translates to an increase of 25%. This means that for a […]
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