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9 mentions found


India’s fintech partygoers nurse a needed hangover
  + stars: | 2023-09-11 | by ( Shritama Bose | ) www.reuters.com   time to read: +4 min
MUMBAI, Sept 11 (Reuters Breakingviews) - India’s financial technology industry is suffering from overindulgence. And it was on full display at a sombre Global Fintech Festival in Mumbai last week. The South Asian country is the world’s third-largest fintech market by number of unicorns. Poster child Byju’s is squabbling with lenders as investors walk away and financial reports get delayed. Follow @ShritamaBose on XCONTEXT NEWSThe Global Fintech Fest organised by the National Payments Corporation of India and industry association Payments Council of India was held between Sept. 5 and 7 in Mumbai.
Persons: securitisation, , hesitatingly, Vishwas Patel, they’re, fintechs, Mukesh Ambani’s, Antony Currie, Katrina Hamlin, Thomas Shum Organizations: Reuters, Founders, Boston Consulting Group, Venture, Reserve Bank, One97 Communications, FSN, Commerce Ventures, Innoven Triple Blue Capital, XV Partners, Financial, National Payments Corporation of India, Thomson Locations: MUMBAI, Mumbai, India, fintech, Sequoia Capital’s India, Southeast Asia, Rwanda, Japan, Germany, Peru
Indian shares set to open lower ahead of RBI policy decision
  + stars: | 2023-04-06 | by ( ) www.reuters.com   time to read: +2 min
BENGALURU, April 6 (Reuters) - Indian shares are poised to open lower on Thursday, ahead of what many expect to be the Reserve Bank of India's final interest rate hike in the current cycle. India's NSE stock futures listed on the Singapore exchange were down 0.12% at 17,603 as of 7:59 a.m. IST. The MSCI's gauge of the broader index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was down 0.42%. ** Equitas Small Finance Bank Ltd (EQUI.NS): Co posts 36% YoY growth in gross advances at 280.61 billion rupees in the quarter-ended March. ** Avenue Supermarts Ltd (AVEU.NS): Co posts standalone revenue from operations at 103.37 billion rupees for the quarter-ended March, up 20% YoY; total stores at 324.
Vahia is one among India’s young and aspirational 1.4 billion population, whose propensity for online spending has attracted global companies and digital platforms. And as private consumption underpins economic growth in India, financial investors are targetting new ways to tap into it. India's per capita consumption of food was at $314 in 2020 compared to $884 for China, while that of clothing stood at $53.9 versus $212.9 for China, data from CLSA showed. FOREIGN INVESTORS JUMP INWith private consumption accounting for 60% of India's $3.5 trillion GDP, foreign portfolio investors have been quick to latch on. To be sure, it has not been all smooth sailing for investors as they chased India's consumption boom.
Indian shares set to rise ahead of U.S. inflation data
  + stars: | 2023-02-14 | by ( ) www.reuters.com   time to read: +2 min
BENGALURU, Feb 14 (Reuters) - Indian shares are set to open higher on Tuesday, tracking the gains in global equities ahead of U.S. inflation data due later in the day, with a rise in domestic retail inflation in January above the Reserve Bank of India's upper threshold likely capping the move up. Wall Street equities closed higher on Monday, as investors expected consumer price index (CPI) data for January to ease. STOCKS TO WATCH** FSN E-Commerce Ventures (FSNE.NS): Co posts slide in consolidated net profit in Q3 on high expenses. ** Zee Entertainment (ZEE.NS): Co reports fall in consolidated net profit in third quarter on slide in ad spends and rise in costs. ** Steel Authority of India (SAIL.NS): Co reports fall in consolidated net profit in Q3** Power Finance Corporation (PWFC.NS): Co reports rise in consolidated net profit in Q3.
INDIA STOCKS Indian shares seen opening higher, Fed in focus
  + stars: | 2022-11-01 | by ( ) www.reuters.com   time to read: +3 min
BENGALURU, Nov 1 (Reuters) - Indian shares may kick off November trading on a higher note on Tuesday, after rising for three straight sessions, tracking gains in broader Asia as investors turn focus to the U.S. Federal Reserve policy meeting this week. India's NSE stock futures, listed on the Singapore exchange , were 0.61% higher as of 0203 GMT. Investors this week will be looking for the outcome of the Fed policy meeting and the outlook on future rate hikes path. The Fed is widely expected to raise interest rates by 75 basis points on Wednesday at the conclusion of its two-day policy meeting. ($1 = 82.7910 Indian rupees)Reporting by Rama Venkat in Bengaluru; Editing by Dhanya Ann ThoppilOur Standards: The Thomson Reuters Trust Principles.
INDIA STOCKS Indian shares rise on metals, auto boost
  + stars: | 2022-09-29 | by ( ) www.reuters.com   time to read: +1 min
BENGALURU, Sept 29 (Reuters) - Indian shares opened higher on Thursday after six consecutive sessions of losses, boosted by gains in metals and auto companies, with investors eyeing support from central banks to allay fears of a global recession. The NSE Nifty 50 index (.NSEI) rose 0.9% to 17,005 as of 0351 GMT, while the S&P BSE Sensex (.BSESN) gained 0.9% to 57,093.19. Register now for FREE unlimited access to Reuters.com RegisterForeign institutional investors sold a net 27.72 billion Indian rupees ($340.5 million) worth of equities on Wednesday, while domestic investors purchased 25.44 billion rupees of shares, as per provisional data available with the National Stock Exchange. The Nifty metals index (.NIFTYMET) rose 2.5%, while the auto index (.NIFTYAUTO) gained 1.4%Indian cosmetics-to-fashion retailer Nykaa's parent FSN E-Commerce Ventures (FSNE.NS) rose 4.3% after the company said it will consider an issue of bonus shares. read more($1 = 81.4060 Indian rupees)Register now for FREE unlimited access to Reuters.com RegisterReporting by Nallur Sethuraman in Bengaluru; Editing by Savio D'Souza and Dhanya Ann ThoppilOur Standards: The Thomson Reuters Trust Principles.
Ora 08:00 - Informat în detaliu asupra represiunii, Nicolae Ceauşescu decide că nu este cazul să contramandeze vizita în Iran. Ora 17:00 - Preşedintele Republicii Socialiste România şi şeful Partidului Comunist Român, Nicolae Ceauşescu, se întoarce la Bucureşti din Iran. Ora 11:00 - Începe mitingul de susținere a șefului Partidului Comunist Român și a regimului. Ora 19:30 - Un TAB care a intrat în baricadă a fost capturat de demonstranți și a fost incendiat. Ora 09:00 - Nicolae Ceauşescu cere şefului Securităţii, Iulian Vlad, şi ministrului MApN, Vasile Milea, să blocheze cu orice preţ apropierea demonstranţilor de CC.
Persons: Klaus Iohannis, Victoriei, Ceaușescu, Laszlo Tokes, Timotei Cipariu, . Protestatarii, Ceauşescu, Iulian Vlad, Niclae Ceauşescu, Vasile Milea, Nicolae Ceauşescu, Ştefan, Victor Atanasie Stănculescu, Ion Coman, Nicolae, Elena Ceauşescu, Elena Ceaușescu ., Nicolae Ceaușescu, Milea, Postelnicu, şeful, Radu cel Frumos, Răniţii, Chiţac, ., Manifestanţii, Constantin Dăscălescu ., Dictatorul Ceaușescu, Li, Securitate, Magheru, Alții, Vasile Milea îşi, Dictatorul, Atanasie Stănculescu, Deşi, Cuplul Ceauşescu, Ion Caramitru, Mircea Dinescu, Ion Iliescu, Petre Roman, Nicolae Militaru, Silviu Brucan, Alexandru Bârlădeanu, Teodor Brateş, Gelu Voican Voiculescu, Corneliu Coposu Organizations: Române, PCR, Armatei, MApN, Partidului Comunist Român, Interne, Ministerului, Apărării Naționale, Major, Central, TVR, CC, Gărzile, Universității, Securitate, Comitetul Central, Frontului Salvării Naționale, FSN, Salvării Locations: României, Timişoara, Bucureşti, MApN Timişoara, București, judeţul Timiş, Capitală, Timișoara, Iran, Teheran, Buziaş, Lugoj, Arad, Buzău, Electro - Timiş, ELBA, Solventul, Socialiste România, Timiş, Cluj, Brașov, Sibiu, Iaşi, Piața Romană, baricadă, Capitalei, Jilava, Republica Socialistă România, Securitate
„În dosarul mineriadei trebuie culpabilizați organizatorii și instigatorii la violență”. În Piaţa Universităţii nu mai aveau loc de câteva săptămâni marile mitinguri-maraton, care au marcat sfârşitul lui aprilie şi începutul lui mai. Ce aş vrea să vă spun, însă, e că marea majoritate a victimelor din aceste dosare n-au nici o legătură cu Piaţa Universităţii. Dan Voinea: „Actele de violenţă s-au desfăşurat nu în Piaţa Universităţii, ci în cu totul în alte zone ale capitalei. Şi ce rămăsese în Piaţa Universităţii era un grup de protestatari în greva foamei, în corturi, vreo 50 la număr.
Persons: Nestor Ratesh, Dan Voinea ., Ion Iliescu, ., Iliescu, Dan Voinea, Nestor, Voinea, aţi, violenţă, aceştea, Raţiu, împuşcare Organizations: FSN, Ministerul, Interne, Televiziunii, Ministerului, SRI, Televiziunea, PDSR, Noi Locations: descindeau, Bucureşti, cărţi, împuşcare, Piaţa, Snagov, Sibiu, Timişoara, Iaşi, Galaţi, Constanţa, Cluj, instanţă, instanţe, justiţie, Universitate, MGB, violenţă
Variațiuni și documente sonore în jurul mineriadei de la 13-15 iunie. Şi acum să ascultăm din nou înregistrarea originală:- „52 pentru 53.”- „52”- „La Universitate au ieşit iarăşi în balcon şi întind din nou cârpele. Aruncă cu...”- „Capacitatea e mare, capacitate mare.”- „Nu v-a sunat deloc?”- „Nu-nu.”- „Am înţeles.”- „52 pentru 53.”- „52 pentru 53.”- „Da, aud 52.”- „Două atacuri succesive. Să ştim ce avem de făcut.”- „52 pentru 53.”- „52 pentru 53.”- „Da.”- „Ați reuşit să informaţi? L-aţi informat pe domnul preşedinte?”- „L-am informat, dar n-are soluţie.”- „În condiţiile astea, înseamnă că le dăm drumul în Piaţă.”- „53 pentru 52.”- „53 pentru 52.”- „52 pentru 53.”- „52 sunt.”- „Nu-mi mai transmiteţi nimica?
Persons: Mircea Iorgulescu, Emil Hurezanu, Chiţac, Constantin Munteanu, Nicolae Constantin Munteanu, Istvan Hosu, Ion Iliescu, Petre Roman, aceeaşi, Petrică Roman, Roman, Sherlock haloimăs, creştet, Gheorghe, Rompres, Aşadar, Ceauşescu, Ci, Nicolae Ceauşescu, Dimpotrivă, Lenin, Emil Hurezeanu, piloţi, Secvenţa, William McPherson, Magheru, Mihai, Jean Moldoveanu, Mateescu, Interlocutorii, bulevardul Gheorghiu Dej, Dumitru Dincă, Poliţia, poliţia, Leon, Iliescu, Mircea Dinescu, Domnul Iliescu, Dinescu, Moldoveanu, Dincă, ., Mihai Chiţac, Diamandescu, Domnul Băsescu, Petrică . Domnul Măgureanu, Domnul Măgureanu, Petrică, preşedinte, , Șchiopu, Domnul Bratu, Securitatea, Le, Măgureanu ., informaţii, August, Cristian Munteanu Organizations: Partidul, Frontului, minerul, Partidul Comunist Român, FSN, Partidului, ., Universitatea, Washington Post, Ligii, România, Interne, Dacia, Partidului Naţional Democrat, România Liberă, Naţional, Continental, Ministerului, american, Inter, Agriculturii, Ministerul Locations: Piaţa, opoziţie, Occident, Bucureşti, iste, Universitate, Lupeni, România, României, răniţii, alegerei, umiliţi, China, Statele Unite, ş.a.m.d, Moldoveanu, Republicii, bulevardul, protestatarilor, CPUN, Roman, forţă, Universităţii, Libération, circulaţie, Dunărea, Pipera, Senat, Snagov, preşedinte
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