Articles for Cent Financial

Telecom war intensifies? Vi reportedly gears up for 5G rollout, plans 15% cheaper than Jio and Airtel
6 days, 23 hours ago

Telecom war intensifies? Vi reportedly gears up for 5G rollout, plans 15% cheaper than Jio and Airtel

Live Mint  

Vodafone Idea is poised to debut its 5G mobile broadband services this March, introducing competitively priced plans to challenge rivals Reliance Jio and Bharti Airtel, according to a report inThe Economic Times. Vi's plan Vi reportedly plans to launch its 5G services across 75 major cities within its 17 priority telecom circles, targeting industrial hubs known for high data consumption. …

Jio Cent Financial Dealer Commissions Reportedly Plans
Major car manufacturer 'on the brink of collapse' as official claims company has 'just 12 months to survive'
1 month, 1 week ago

Major car manufacturer 'on the brink of collapse' as official claims company has 'just 12 months to survive'

Daily Mail  

Car manufacturing giant Nissan could be on the brink of collapse with only 12 months to survive, it has been warned. Nissan said last month it would axe 9,000 jobs and 20 per cent of its global manufacturing capacity, as it scrambles to reduce costs by $2.6billion in the current fiscal year amid a sales slump in China and the …

Government China Japan Car Vehicles Sales Japanese
Multibagger SME stock hits upper circuit, jumps 120% in 8 months after tepid listing
1 month, 4 weeks ago

Multibagger SME stock hits upper circuit, jumps 120% in 8 months after tepid listing

Live Mint  

Multibagger stock: Following a tepid listing on the bourses in March this year, SME stock AVP Infracon has gained momentum, rallying 120 percent from its listing price to a fresh high of ₹192 on the NSE on September 2, 2024. Strong Financial Performance In the first half of the financial year 2024-25, AVP Infracon saw a 63.05 per cent year-on-year …

Company Stock Crore Cent Crisil Yoy Ipo
Biggest private girls’ school chain raises fees by 12pc over VAT raid
4 months, 1 week ago

Biggest private girls’ school chain raises fees by 12pc over VAT raid

The Telegraph  

The largest chain of private schools for girls in Britain has said it will hike fees 12 per cent from January when the Government will begin applying VAT to them. The Girls’ Day School Trust, a group of 23 top private schools in England and Wales, said it would not pass on the entire 20 per cent VAT charge to …

School Gdst Biggest Private
Adani Total Gas Q1 Results: Overall Volume Rises By 17%, CNG network Increases To 559 Stations
5 months, 1 week ago

Adani Total Gas Q1 Results: Overall Volume Rises By 17%, CNG network Increases To 559 Stations

ABP News  

Adani Total Gas Ltd, one of India’s leading City Gas Distribution firm, on Monday announced its operational and financial performance for the quarter ended June 30, 2024. The company said CNG sales were up 20 per cent at 153 million standard cubic meters in April-June, the first quarter of the current 2024-25 fiscal year. Overall volume was up by 17 …

Cent Gas Rs Overall Volume
Forget 50:50 splits – this is the fairest way to divvy up the household bills
6 months, 2 weeks ago

Forget 50:50 splits – this is the fairest way to divvy up the household bills

The Independent  

I’ve worked with a number of women recently who are in their twenties, at the start of their careers, and are beginning to move in with their partners. For example, if the monthly household bills were £1,000 each month, the higher earner would contribute 66 per cent towards them, and the lower earner 33 per cent. Reasons for this include …

Household Women Financial Money Pension Cent Finances
Shared ownership may now be the only route to buying a home – but beware the pitfalls...
11 months, 4 weeks ago

Shared ownership may now be the only route to buying a home – but beware the pitfalls...

The Independent  

Is shared ownership now the only way for young people to buy their own home? So let’s look at the deposit on a £200,000 property: it would come to £20,000 with a 90 per cent mortgage or £10,000 with a 95 per cent mortgage. Here’s how it works: typical schemes see buyers stumping up for between 10 and 25 per …

Property Mortgage Share Cent Schemes Shared Ownership Properties
Flipkart Layoff: Ecommerce player set to let go 1,500 employees | Know-why
1 year ago

Flipkart Layoff: Ecommerce player set to let go 1,500 employees | Know-why

India TV News  

Flipkart, one of the popular e-commerce platforms of India is reportedly planning to reduce its workforce by 5-7 per cent in early 2024 which may affect nearly 1,500 employees. E-commerce major Flipkart had a total revenue of Rs 56,013 crore in the 2023 financial year, according to data from business intelligence platform Tofler. The company reported a net loss of …

Flipkart
’Indian equities to benefit from macro backdrop, Nifty EPS to grow 18% in FY24’
1 year, 4 months ago

’Indian equities to benefit from macro backdrop, Nifty EPS to grow 18% in FY24’

Live Mint  

India’s financial market assets including equities, private markets, bond yields, are expected to benefit structurally from a favourable macroeconomic backdrop over the next few years. According to a report by Standard Chartered, India’s corporate profit cycle remains the strongest since the 2004-08 cycle as the benchmark Nifty index EPS grew at an average 20 per cent between FY21 and FY23 …

India Cent Standard Chartered Earnings Grow
Rise in manufacturing activities drive engineering major Salasar's net profit in Q1
1 year, 4 months ago

Rise in manufacturing activities drive engineering major Salasar's net profit in Q1

India TV News  

With manufacturing sector activity increasing amid continuous foreign inflows, homegrown Salasar Techno Engineering has reported a sharp uptick in its total income during the first quarter of the current financial year. The New Delhi-based firm said in an exchange filing that its total income in the quarter grew 24 per cent to Rs 262 crore as compared to Rs 211 …

Crore Cent Salasar
First Time In Indian History Turnover For Khadi Sector Crosses Rs 1.34 Lakh Crore
1 year, 6 months ago

First Time In Indian History Turnover For Khadi Sector Crosses Rs 1.34 Lakh Crore

Deccan Chronicle  

VIJAYAWADA: The turnover for products of the Khadi and Village Industries Commission has crossed the Rs 1.34 lakh crore mark for the first time in the history of independent India. In a press release on Friday, chairman of the Khadi and Village Industries Commission, Manoj Kumar, said a “momentous leap” was made by KVIC by registering a 332 per cent …

India Khadi Kvic Kvi
Adani-Hindenburg saga raises concerns over exposure of LIC, public sector banks
1 year, 10 months ago

Adani-Hindenburg saga raises concerns over exposure of LIC, public sector banks

The Hindu  

Published : Mar 09, 2023 10:40 IST After the Hindenburg hit, as the stock values of the Adani group companies unwound from the clearly unwarranted highs to which they had risen, one concern was the impact this meltdown would have on financial investors exposed to Adani firms. First, how significantly would the loss resulting from the exposure to the Adani …

India Financial Companies Debt Public Sector Banks Public Group
Everything You Need To Know About The Hindenburg Report That Impacted India's Stock Market
1 year, 11 months ago

Everything You Need To Know About The Hindenburg Report That Impacted India's Stock Market

ABP News  

Share prices of Adani Enterprises on Friday tumbled 15 per cent lower to Rs 508.45 apiece in the intraday trade triggering an automatic 105-minute trading halt, reported news agency AFP. This happened after Hindenburg Research, an investment research firm, published a report on Adani Group on January 24 saying that Adani Group has engaged in a “brazen stock manipulation and …

India Indian Group Cent Firm Hindenburg Research Hindenburg
China's mortgage boycott is escalating. Now Evergrande suppliers have stopped paying bank loans
2 years, 5 months ago

China's mortgage boycott is escalating. Now Evergrande suppliers have stopped paying bank loans

ABC  

A fast-growing mortgage boycott across dozens of cities in China has prompted some property suppliers to cease their bank loan repayments, raising fears the escalating situation could trigger a further downward spiral in the sector and even threaten the country's financial stability. Key points: Some suppliers to defaulting developers, such as Evergrande, are refusing to make loan repayments It comes …

China Financial Property Bank Mortgage Projects Chinese
Artificial intelligence: fad or business staple?
3 years, 5 months ago

Artificial intelligence: fad or business staple?

The Independent  

According to techjury.net, 77 per cent of the world’s population uses artificial intelligence but only 33 per cent are actually aware they’re doing so. These modern technologies will enable AP and procurement departments to achieve efficiencies such as: • Automating the conversion of machine-readable PDFs to electronic invoices with close to 100 per cent accuracy • Saving time and energy …

Business Data Cent Ai Basware
Mumbai Reports 1,104 New Coronavirus Cases, Five Deaths as Pandemic Worsens in Financial Capital
3 years, 10 months ago

Mumbai Reports 1,104 New Coronavirus Cases, Five Deaths as Pandemic Worsens in Financial Capital

News 18  

Mumbai reported 1,104 new coronavirus cases and five fatalities on Thursday, the Brihanmumbai Municipal Corporation said. The tally of COVID-19 cases in the country's financial capital, thus, increased to 3,29,843 and the death toll to 11,487, it said. The average growth rate of COVID-19 cases in the city increased to 0.29 per cent from 0.17 per cent on February 18, …

Mumbai Cases
Sensex zooms over 1,700 pts after Budget 2021; Nifty reclaims 14K
3 years, 11 months ago

Sensex zooms over 1,700 pts after Budget 2021; Nifty reclaims 14K

Deccan Chronicle  

Mumbai: The BSE benchmark Sensex zoomed over 1,700 points and the NSE Nifty reclaimed the 14,000-level driven by gains in financial stocks on Monday after Finance Minister Nirmala Sitharaman presented the Union Budget, which anlaysts believe is a "growth-oriented" effort. After touching an intra-day high of 48,004.71, the 30-share Sensex was trading 1,660.99 points or 3.59 per cent higher at …

Budget Nifty Sensex
Coronavirus Outbreak: RBI cuts repo rate by 40 bps to 4%; full text of Shaktikanta Das' statement
4 years, 7 months ago

Coronavirus Outbreak: RBI cuts repo rate by 40 bps to 4%; full text of Shaktikanta Das' statement

Firstpost  

The Reserve Bank of India Governor Shaktikanta Das on Friday said the central bank reduced the repo rate by 40 bps to 4 percent to ease the financial stress caused by the Covid-19 pandemic The Reserve Bank of India Governor Shaktikanta Das on Friday said the central bank reduced the repo rate by 40 bps to 4 percent to ease …

India Policy Financial Monetary Policy Financial Markets Central Banks Financial Conditions
Half a million reasons to think long and hard before withdrawing your superannuation during the coronavirus downturn
4 years, 9 months ago

Half a million reasons to think long and hard before withdrawing your superannuation during the coronavirus downturn

ABC  

There's an old saying that you shouldn't make short-term decisions with long-term consequences. Sharp rise in unemployment could trigger house price crash The spread of coronavirus across Australia could see unemployment reach about 10 per cent and house prices drop 20 per cent, says one economist. Let's say you are 30 years old, for example, with 35 years left to …

Retirement Coronavirus Cent Super Photo Your Super Balanced Fund
New financial year begins: Tax regime and other changes which will come into effect from April 1
4 years, 9 months ago

New financial year begins: Tax regime and other changes which will come into effect from April 1

Hindustan Times  

India is entering a new financial year from today, which will see implementation of a new income tax structure and other changes. Here is a list of the new rules what are going to take effect from today: New income tax slabs: Finance Minister Nirmala Sitharaman had proposed new income tax structure for individuals willing to forego certain exemptions and …

India Tax Indian Income Cent Lakh Come
Moody's slashes India GDP growth in 2020 to 2.5 pc amid COVID-19 outbreak
4 years, 9 months ago

Moody's slashes India GDP growth in 2020 to 2.5 pc amid COVID-19 outbreak

India TV News  

Moody's Investors Service on Friday slashed its estimate of India's GDP growth during 2020 calendar year to 2.5 per cent, from an earlier estimate of 5.3 per cent and said the coronavirus pandemic will cause unprecedented shock to the global economy. In its Global Macro Outlook 2020-21, Moody's said India is likely to see a sharp fall in incomes at …

India Coronavirus Financial Economic Global Growth Central Banks Cent
Barefoot Investor experts reveal the tactics they are using to protect their money
4 years, 9 months ago

Barefoot Investor experts reveal the tactics they are using to protect their money

Daily Mail  

Followers of Scott Pape's The Barefoot Investor are sharing ideas on surviving the stock market crash, empty supermarket shelves and the banning of large gatherings. The Barefoot Investor series, written by Scott Pape, is a nine-step guide to financial freedom, with one of its most popular take-home messages being the 'bucket theory' of learning. Following the Black Monday crash of …

Market Financial Money Cent Shares Cash Worth
ASX 200 posts biggest fall on record, Reserve Bank flags further measures amid coronavirus fears
4 years, 9 months ago

ASX 200 posts biggest fall on record, Reserve Bank flags further measures amid coronavirus fears

ABC  

The ASX 200 has posted its biggest daily percentage fall on record, after coronavirus fears fuelled a steep sell-off that accelerated into the close. ASX at Monday's close: The All Ordinaries index has lost 9.5 per cent to 5,058 points The RBA has flagged further policy measures, says it "stands ready to purchase Australian government bonds" The corporate regulator has …

Market Coronavirus Financial Bank Trades Stock Fall
Sensex, Nifty begin 2020 on positive note as financial, IT stocks advance
5 years ago

Sensex, Nifty begin 2020 on positive note as financial, IT stocks advance

India TV News  

The BSE benchmark Sensex settled in the green on the first trading day of 2020 on Wednesday, tracking gains in index heavyweights Infosys, HDFC twins and Larsen & Toubro. "Indian markets started the New year on a positive note without much cues on global front as markets remained closed. Sentiments remained positive on report that India's current account deficit narrowed …

Nifty Cent Sensex Positive Note Begin 2020