RT @ETNOWlive: #Q3WithETNOW | Manappuram Finance faces challenges in microfinance but expects 12% gold loan growth and improved ROA. Why de…

RT @ETNOWlive: #Q3WithETNOW | United Breweries sees a 10% revenue jump, but why did margins dip and volume growth slow down? Vivek Gupta ex…

RT @ETNOWlive: #Q3WithETNOW | Nazara Tech’s margins and profits take a hit—can synergies from new acquisitions turn the tide? Nitish Mitter…

RT @ETNOWlive: #Q3WithETNOW | Hindalco’s PAT surges 60%, but how will US tariffs and Novelis realizations impact future growth? Satish Pai…

Negative for Vodafone Idea, Airtel: SC junks Bharti Airtel, Vodafone Idea pleas on miscalculation in AGR dues - Informist

BAT on #ITCHotels stake: Discussed at the post-results analyst meet: CEO Tadeu Marroco: BAT has no interest in becoming a long-term shareholder of a hotel chain in India. And as a consequence, at the right moment, when we decide the best time to maximise shareholder value, we will be divesting. Will be using the proceeds to ensure that we get to the leverage corridor of 2.5 and 2 by 2026. Alert: The group’s direct stake in ITC Hotels is 15% Alert: BAT is the single largest shareholder in ITC. As of 13 Feb closing price, BAT’s stake in ITC Hotels is valued at ~Rs 5,302 cr.

#UnitedBreweries in focus:🚨 Q3 Volume growth good, but otherwise weak earnings. Volume growth at 8% YoY- slightly better than estimates of 6-7% Margins lower than estimates led by lower GP margin, higher spends Margins at 7.1% vs estimates of 9% New investment: Board approved investment in a greenfield brewery in UP. This facility will be designed to produce both mainstream and premium products, including Heineken, with provision for both cans and bottles. Investment of Rs 750 crore.

#Swiggy in focus: ET NOW Exclusive by @palodanjali Swiggy sends communication to select partners on levying 2% collection fee. Alert: Around 4000 merchants received the email from Swiggy on Feb 11. -Email says collection fee to be effective from February 16, 2025, to facilitate seamless customer payments. -Collection fee will be deducted from select partners’ payouts. -Restaurant body NRAI held discussions with Swiggy on the issue. -NRAI says 90% of merchants already pay the payment gateway fees, mail sent to remaining 10%. -Collection fee likely to be a commercial negotiation for Swiggy with partners.

RT @ETNOWlive: #ETNOWExclusive | Swiggy writes to select merchants on 2% collection fee, as per sources What was the response of NRAI to…

#VodafoneIdea faces Rs 6,091 crore payment demand from DoT DoT asks Vodafone Idea to address one-time shortfall for 2015 spectrum auction Telco must either provide Rs 6,091 crore bank guarantee for one year or pay Rs 5,493 crore in cash Payment deadline set for March 10, 2025, 13 months ahead of the next installment DoT waived bank guarantees for other spectrum auctions, but 2015 auction has a shortfall Vodafone Idea in discussions with DoT, seeking a resolution under the 2021 telecom reforms package Telco navigating financial challenges, including significant debt and AGR dues Vodafone Idea aims for a favorable resolution to ensure financial stability and operations

RT @ETNOWlive: #OnETNOW | Is the Q3 earnings season really as bad as it seems? Sandip Agarwal of Sowilo Investment Managers breaks down mar…

JANUARY AMFI DATA (MoM) 🚨 Inflow at ₹1.87 lk cr vs Outflow at ₹80,355 cr Equity Inflow at ₹39,688 cr vs Inflow at ₹41,156cr (inflow for 47th straight month) Total AUM at ₹67.3lk cr vs ₹66.9lk cr Equity AUM at ₹29.5lk cr vs ₹30.6lk cr (at 6-month low) SIP DATA:🚨 Monthly SIP at ₹26,400 cr vs ₹26,459 cr SIP near record levels! Remains above ₹26,000 cr for 2nd straight month Mid and smallcap schemes see strong flows for 6th month. Sectoral funds see inflows of ₹9k cr vs ₹15k cr MoM. Strong flows seen in Flexicap Funds for 10th straight month. All equity schemes see inflows for 4th straight month. Overall flows turn positive due to inflows from liquid funds (+₹92k cr) NFOs see weak inflows at ₹4,544 cr vs ₹13,852 cr MoM (Down 67%) Only 12 schemes were launched in Jan. #AMFI #mutualfunds

FIIs have now sold more than Rs 1 lakh crore worth of holdings YTD. Rs 17,129 cr in the first 7 trading sessions of February itself.

Jefferies initiates coverage on #ITCHotels with a Buy rating, TP at Rs 240. ITC Hotels is the #2 listed hotelier, has an owner/operator model, a net cash balance sheet, with diversified brand/geo presence. It is currently ramping up recent greenfield projects (~20% of keys) and now adding rooms via mgmt contracts. Peg ITCH's EBITDA/PAT to grow at 16%/19% CAGR over FY24-FY27e. ITCH trades at 20x FY27 EV/EBITDA, a 25%+ discount to 27x for IHCL, which can narrow. Co has also recently constituted a board with 50% independent directors.

#MSCI India Standard Index Feb-25 Review (Adj. 28-Feb-25) Source: IIFL Alt Desk MSCI India Standard Index: Addition: Hyundai Motor India added with a $255M inflow, 12.05M shares, and 10.5x average volume. Exclusion: Adani Green Energy to be removed with a $167M outflow, -15.35M shares, and 3.5x avg vol. Weight Increase: IndusInd Bank (+$258M, 21.25M shares, 4.8x avg vol) Varun Beverages (+$96M, 15.96M shares, 2.5x avg vol) Mankind Pharma (+$48M, 1.7M shares, 2.5x avg vol) PB Fintech (+$32M, 1.79M shares, 1x avg vol) Torrent Pharma (+$43M, 1.2M shares, 2.9x avg vol) Torrent Power (+$8M, 0.5M shares, 0.7x avg vol) Zomato (+$107M, 43.22M shares, 0.5x avg vol)

RT @ETNOWlive: #OnETNOW | How will #TrumpTariffs shake up global trade and markets? Jyotivardhan Jaipuria of Valentis Advisors decodes vola…

RT @ETNOWlive: #NuvamaIndiaConference | How will #UStariffs and #Budget2025 moves shape India's economy? Shiv Sehgal of Nuvama Capital Mark…

Market sell-off intensifies🚨 1.5% cuts on Nifty and Sensex Midcap index lower by 1800 points intraday Smallcap index down ~4% India VIX spikes 4% BSE listed companies lose market cap of ~Rs 10 lk cr #marketcrash

RUPEE RISES 84 PAISE VS DOLLAR, BIGGEST INTRADAY RISE SINCE NOV 11, 2022 🚨 #RupeeVsDollar

#Bajaj to foray into Hospitals🚨 Bajaj Dynasty Is Said to Earmark $1 Billion for Hospital Chain - Bloomberg Bajaj Group has earmarked 100 billion rupees as an initial investment to establish a chain of hospitals in India. The conglomerate plans to invest the sum in phases to build out a network of affordable and high-class hospitals and health-care facilities. The hospital business will initially be led by Nirav Bajaj, son of Bajaj Auto Chairman Niraj Bajaj, although the launch date has not been disclosed.