Netflix CEO Vows to Spend Even More on Content
Netflix Inc expects to spend a $15 billion on programming this year, dwarfing its streaming rivals.But it's just getting started.
Buy Cholamandalam Investment & Finance Company, target Rs 331: Arun Kumar
Buy Cholamandalam Investment & Finance Company Ltd. at a price target of Rs 331.0 and a stoploss at Rs 306 from entry point.
Realty hot spot series: Proximity to IT companies is the main draw of this Hyderabad locality
Its proximity to offices of leading IT companies is the main draw of this Hyderabad locality. The locality has key educational institutions including Indian School of Business, Hyderabad University, International Institute of Information Technology.
Startups to get 10-year waiver from regulatory filings
A government official said a notification would be issued soon to put into effect the proposed changes, although relaxation of norms on financial filings for startups would require an amendment to the Companies Act.
Most sold brands on our platform are Maruti Suzuki, Hyundai & Honda: OLX CMC's Bhaskar Bagchi
Auto is the largest category for OLX in India and generates 45% of the revenue for OLX India, says Bhaskar Bagchi, General Manager, OLX CashMyCar (CMC).
India is for largecaps, there is no point in bottom fishing: Ajay Srivastava
Auto sector is going to be the next telecom or aviation sector in next 18 months.
Business restructuring underway at Persistent Systems
Under new CEO Chris O’Connor, who took charge in April this year, Persistent Systems has adopted a solution-oriented approach to working with clients which has resulted in an increase in deal sizes. The company now maps a client’s overall IT spends against its own portfolio to determine what the other areas are where it can contribute.
Tepid Diwali sales hit price targets for Jhunjhunwala’s biggest stock bet
Post Q2 earnings, most analysts have cut their FY20 earnings forecast for Titan.
Saudi Arabia kick-starts IPO of world's largest oil company
Aramco could sell 1-2% of its shares on the local bourse, raising as much $20-$40 billion.
Stocks in the news: PCJ, DHFL, Titan, Indiabulls Housing, JSPL and Tata Steel
BlackRock, Nomura and GIC of Singapore have lapped up Bajaj Finance shares in a Rs 8,500 cr QIP.
Gare Palma block win profit booster for JSPL: Edelweiss
The win would be beneficial for the company as it will lead to a reduction in coal procurement cost of at least Rs 500 crore per year, as per initial estimates.
CG Power plans to raise Rs 800 cr via equity issue to tackle liquidity crisis
CG is faced with alleged financial irregularities that may have led to the company losing Rs 3,000 crore.
Homebuyers, developers cheer stress fund cabinet nod; reiterate timeline, execution crucial
“The fund will help nearly 1,600 stalled housing projects in the country, and it is positive that the aspect of NCLT/NPA will not be a stumbling block to prevent stalled and delayed projects from approaching the fund,” said Niranjan Hiranandani, the national president of Naredco, a developers’ body. “But the devil in the detail in this case will be quick implementation.”
Sebi comes out with operational guidelines for new FPI regulations
A company will have to appoint any one depository as its designated depository for the purpose of monitoring the foreign investment limits.
Complete corporate insolvency resolution process of Jaypee Infra Ltd within 90 days: Supreme Court
The apex court directed completion of the corporate insolvency resolution process for Jaypee Infratech Ltd (JIL) within 90 days. The court further asserted that the pendency of any other application before the NCLT or NCLAT, including any interim direction, shall be no impediment for the IRP to receive and process the revised resolution plans from the two bidders.
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