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Giving 10% stake for 20% more business is worth it: Zomato's Deepinder Goyal
"The idea is to only improve the quality of our business and Uber Eats was a step in that direction. It was not about buying a number three player, but buying a number one or number two is some cities where we were lagging behind," Goyal said.
Festive sales to trim YoY auto revenue fall
Revenue of automakers, excluding Tata Motors, is expected to fall in low single digits, research ...
Auto firms’ sales drop may ease in Q3, margins set to stay muted
Revenue of automakers, excluding Tata Motors, is expected to decline in low ...
We are cautiously optimistic about FMCG growth this year: Nielsen's Prasun Basu
The country’s FMCG market is expected to stabilise and grow 9-10% in the Jan-Dec calendar year similar to the previous year, Nielsen said. Early signs of stability, macro economic policies, manufacturer action and consumer sentiment is expected to lead money in the hands of the consumer thereby fuelling consumption, the market research firm forecasted.
FPIs pumped money into these 10 smaller stocks, too
These stocks can return between 15 per cent and 40 per cent in one year.
Payment companies weigh ways to recoup MDR losses
These companies have urged the Centre to nudge banks to compensate “a minimum of 0.25% of the transaction amount for all the UPI and RuPay, Person to Merchant (P2M) transactions” for sustained service and ecosystem expansion in the absence of any clear revenue model.
UBS turns bullish on earnings growth after 5 years
UBS estimates Nifty earnings could grow around 15 per cent in FY21-23 in its base case scenario.
L&T is idea of the year for Chakri Lokapriya. Here's why
It is a safe company with low expectations. If there is any weakness because of any poor execution in L&T Q3 results, it would be a buy because there is enough upside over next 12 months. When everybody is bullish on the economy, banks will be the ones to bet on with earnings growth and all slippages having come out.
Gold rate today: Here's how bullion may trade during the day
Brokerage SMC Global said bullion counters may witness sideways movement.
ZEE falls 3% post Q3 results, but analysts say valuations compelling
A couple of brokerages still believe the stock can be a good buy call, given its cheap valuations.
Asian Paints Q3 results preview: Profit set to grow in double digits, margins may expand
The paint major may report 16.5 per cent rise in core net profit at Rs 647.2 crore.
What changed for D-Street while you were sleeping
Analysts said if Nifty50 breaches the 12,230 mark on the downside, then it will slip further.
How global investors traded Reliance Capital bonds at 70% discount amid revival hope
The discount narrowed to 70% in the latest transactions from 80% in trades in November.
Trades in junk bonds touch a new record
DHFL bonds were traded in two tranches on Thursday and Friday last week at 80-73 per cent discounts.
Urea may come under NBS before direct cash transfer
Fixing NBS rate for urea will encourage balanced use of urea and bring in efficiency in the fertiliser industry by infusing competition. The DCT is aimed at replacing the existing direct benefit transfer (DBT) system where farmers buy urea at subsidised price, which is almost one-third of the total cost.
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