INVESTOR INTEREST


Moneylife Digital Team 01 December 2022
Stand-alone India sales of Restaurant Brands Asia (RBA), earlier known as Burger King, were up almost 50% y-o-y (year-on-year) and 9.2% q-o-q (quarter-on-quarter) to Rs368 crore, driven by higher ADS (average daily sales). Operating profit margin, surprisingly, expanded q-o-q as well as...

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Moneylife Digital Team 01 December 2022
After reporting the highest-ever quarterly revenue in Q1FY22-23, sales of Barbeque Nation Hospitality Ltd (BBQ) in Q2FY22-23 declined a little sequentially. Sales were up by 40.5% y-o-y (year-on-year) on the back of same store sales growth (SSSG) of 23.4% and new store additions. Gross...

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Moneylife Digital Team 01 December 2022
Despite a seasonally weak quarter, revenue of Deepak Fertilizers & Petrochemicals Corp Ltd (DFPCL) jumped by 52% y-o-y (year-on-year) to Rs2,719 crore. However, sequentially, top-line was down by 10%. This was impacted by subdued demand and drop in realisation. Chemicals business continued...

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Moneylife Digital Team 01 December 2022
Uniparts India Ltd (UIL) is a global manufacturer of engineered systems and solutions (presence in 25 countries) and is one of the leading suppliers of systems and components for off-highway vehicles (OHVs) in agriculture, construction, forestry & mining (CFM) and aftermarket sectors. Its...

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IANS 01 December 2022
Scrapping of the statutory Rs 100 crore startup capital for life and general insurance business and Rs 200 crore for reinsurance business, allowing different kinds of insurers including captives, changing the investment provisions are some of the major amendments proposed by the Indian...

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Moneylife Digital Team 30 November 2022
On Wednesday, the indices opened gap up and ended with gain. On the Bombay Stock Exchange (BSE), 2,058 stocks advanced, 1,438 declined, and 106 remained unchanged with advance decline ratio of 1.43 indicating positive momentum across broader market. The trend of the major indices on...

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IANS 30 November 2022
Pursuant to the Delhi High Court judgment of August 30 that courts in India can direct a messaging app to disclose the information of infringers, Telegram -- an instant messaging application -- has finally handed over the copies to the court.   The said data, which is in the form of a...

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Moneylife Digital Team 29 November 2022
On Tuesday, the indices opened gap down and ended with gain. On the Bombay Stock Exchange (BSE), 1,716 stocks advanced, 1,763 declined, and 148 remained unchanged with advance decline ratio of 0.97.    The trend of the major indices on Tuesday’s trading are given in the table...

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Moneylife Digital Team 29 November 2022
Pointing out an error by an appellate authority, the National Company Law Appellate Tribunal (NCLAT) says that the consortium of four participating banks, including IDBI Bank Ltd, bound themselves while considering their effect in the adjudication of Section 7 (of Insolvency and Bankruptcy...

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Moneylife Digital Team 29 November 2022
Market regulator Securities and Exchange Board of India (SEBI) has put in place a revised framework for seeking its prior approval for changes in control of stockbrokers, depository participants and other market intermediaries. The framework will be applicable for stockbroker/clearing member,...

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Moneylife Digital Team 29 November 2022
The Reserve Bank has announced the launch of the first pilot for retail digital Rupee (e₹-R) on 1 December 2022. The pilot would cover select locations in closed user group (CUG) comprising participating customers and merchants.   "The e₹-R would be in the form of a digital token...

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Moneylife Digital Team 29 November 2022
The Reserve Bank of India on Monday imposed penalties on  three cooperative banks. The central bank imposed penalty on Zoroastrian Co-operative Bank, Indian Mercantile Co-operative Bank, Lucknow and Bharat Co-operative Bank, Mumbai.   The central bank has imposed a penalty of Rs1.25...

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Moneylife Digital Team 29 November 2022
Bombay Stock Exchange (BSE) on Monday said that it received consent from the Securities and Exchange Board of India (SEBI) to appoint Sundararaman Ramamurthy as the managing director (MD) and chief executive officer (CEO) of the exchange.   His appointment is subject to the approval...

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IANS 29 November 2022
The Data Protection Commission (DPC) in Ireland has fined Meta with $276 million over a data leak that exposed the information of more than 533 million users, including 6.1 million Indians, in April 2021.   The commission announced the conclusion to an inquiry into Meta Platforms...

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Moneylife Digital Team 29 November 2022
Caplin Point Laboratories (Caplin) continued to report good numbers. In Q2FY22-23, sales rose by 18% y-o-y (year-on-year) to Rs359 crore with sales in Latin America (LatAm) and RoW (rest of the world) and US growing by 10% and 90%, respectively, y-o-y. Caplin Steriles (US business) revenue in...

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Moneylife Digital Team 29 November 2022
Dharmaj Crop Guard Ltd (DCGL) is an agro-chemicals company selling insecticides, fungicides, herbicides, plant growth regulators, micro fertilisers and antibiotics to business-to-client (B2C) and business-to-business (B2B) customers. DCGL is also engaged in marketing and distribution of...

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IANS 29 November 2022
Keeping in view the fact that unsolicited commercial communication (UCC) is a major source of inconvenience to the public which impinges on the privacy of individuals, the Ministry of Communications has mandated all commercial promoters and telemarketers to register and seek customer consent...

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Moneylife Digital Team 28 November 2022
Market regulator Securities and Exchange Board of India (SEBI) has decided to introduce a settlement scheme for 150 stockbrokers against whom enforcement proceedings have been approved or initiated and are pending for executing trades in illiquid stock options at BSE.    "The terms...

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Moneylife Digital Team 28 November 2022
On Monday, the indices opened gap down and ended with gain. On the Bombay Stock Exchange (BSE), 2,092 stocks advanced, 1,511 declined and 181 remained unchanged with advance decline ratio of 1.38, indicating strength in broader markets.    The trend of the major indices on Monday’s...

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Moneylife Digital Team 28 November 2022
Market regulator Securities and Exchange Board of India (SEBI) has barred Udai Kumar, former MD & CEO (managing director and chief executive officer) of Metropolitan Stock Exchange of India (MSEI) (formerly MCX Stock Exchange), for six months from being associated with any market...

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