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Joined December 2010
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The Interview With Ayesha Faridi AI INVESTMENT IS TOUCHING $3 TRILLION, BUT WHO WILL ACTUALLY PAY FOR THIS BOOM? Prof. Aswath Damodaran tells Ayesha Faridi that nearly $3 trillion is being invested in AI, while the industry generates just $250 billion in revenue With AI capex nearing 4% of US GDP, the big question is: Can revenues justify this massive investment? Full interview : youtube.com/watch?v=9LYJMNSE… @AswathDamodaran @AyeshaFaridi1 #AswathDamodaran #AI #AICapex #StockMarket #ETNOW
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#WATCH | Banks and NBFCs are rolling out special festive offers ahead of Diwali, with discounts of up to ₹70,000 on smartphones and electronics, attractive travel deals and reduced loan processing fees @PiyushS_07 shares more #Banking #DiwaliOffers #FestiveSeason
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LTCG TAX DEBATE: CAN INDIA WIN BACK FOREIGN INVESTORS? Rohinton Sidhwa of Deloitte India highlights the importance of foreign portfolio investors, who account for nearly 15% of the total market capitalisation of companies listed on the NSE He also points to India being ranked the least preferred investment destination in a Bank of America fund manager survey in August 2024, reflecting concerns over valuations and sustained FPI outflows. #LTCG #FPIOutflows #StockMarket #DeloitteIndia @sajeetkm @rjsidhwa
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#Q2WithETNOW | Zen Technologies reports a 52.5% YoY rise in Q2 profit to ₹90 crore, while revenue grows 98.3% to ₹345 crore and EBITDA increases to ₹132 crore from ₹65 crore. EBITDA margin improves to 38.3% from 37.4% #ZenTechnologies #Q2Results
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#Q2WithETNOW | Aditya Birla Lifestyle reports a 130.4% YoY rise in Q2 profit to ₹53 crore, while revenue grows 11.2% to ₹2,266 crore and EBITDA increases 13.9% to ₹361 crore. EBITDA margin improves to 15.9% from 15.6%. #AdityaBirlaLifestyle #Q2Results
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#Q2WithETNOW | Clean Science reports a 0.5% YoY rise in Q2 profit to ₹557 crore, while revenue grows 22% to ₹299 crore and EBITDA increases 2.2% to ₹91 crore. EBITDA margin declines to 30.4% from 36.3%. #CleanScience #Q2Results
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#Q2WithETNOW | GHCL reports an 18.7% YoY rise in Q2 profit to ₹127 crore, while revenue grows 12.1% to ₹808 crore and EBITDA increases 21% to ₹190 crore. EBITDA margin improves to 23.5% from 21.8%. #GHCL #Q2Results
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#Q2WithETNOW | Eveready reports a Q2 profit of ₹32 crore against a loss of ₹8 crore last year, while revenue rises 10.6% YoY to ₹428 crore and EBITDA increases 2% to ₹50 crore #Eveready #Q2Results
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#Q2WithETNOW | NTPC reports a 38.7% YoY rise in Q2 profit to ₹7,030 crore, while revenue grows 21.2% to ₹54,270 crore and EBITDA increases 22% to ₹15,627 crore. Declares first interim dividend of ₹3 per share. #NTPC #Q2Results #Dividend
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Government hikes windfall gains tax on ATF exports by ₹0.50 to ₹11/litre and on diesel exports by ₹3 to ₹11.50/litre. Windfall gains tax on petrol exports cut to nil from ₹2.50/litre. #WindfallTax #ATF #Diesel
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CCI approves the merger of Sapphire Foods with Devyani International. #CCI #SapphireFoods #DevyaniInternational
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#Q2WithETNOW | Sarda Energy reports a 5.3% YoY decline in Q2 profit to ₹306 crore, while revenue falls 4.9% to ₹1,453 crore. EBITDA remains flat at ₹512 crore, while EBITDA margin improves to 35.2% #SardaEnergy #Q2Results
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#Q2WithETNOW | CDSL reports a 24.3% YoY rise in Q2 profit to ₹174 crore, while revenue grows 23.5% to ₹394 crore and EBITDA increases 27.5% to ₹227 crore. #CDSL #Q2Results
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