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BT jumps after new CEO aims to double free cash flow, focus on UK

BT GROUP-RESULTS/ (UPDATE 3, PIX):UPDATE 3-BT jumps after new CEO aims to double free cash flow, focus on UK

BT jumps after new CEO aims to double free cash flow, focus on UK
Updated on May 16, 2024 01:17 PM IST
Reuters |

Vodafone reports 2% rise in annual profit after stronger final quarter

VODAFONE-RESULTS/ (UPDATE 2, PIX):UPDATE 2-Vodafone reports 2% rise in annual profit after stronger final quarter

Vodafone reports 2% rise in annual profit after stronger final quarter
Published on May 14, 2024 01:15 PM IST
Reuters |

Mercedes sees strong cash flow following focus on top models

Industrial cash flow amounted to €11.3 billion ($12.3 billion), the company said late Thursday in preliminary figures.

Mercedes-Benz Group AG rose after reporting better-than-expected cash flow for last year as the luxury-car maker pivots to focus on its most profitable models.(File photo)
Published on Feb 02, 2024 04:09 PM IST
Bloomberg |

Vedanta hits over 1-year low after Moody's downgrades parent

The stock is on track to decline for the sixth consecutive session - its longest losing streak since late February - if the trend holds through the day.

A man walks past the logo of Vedanta outside its headquarters in Mumbai, India, January 31, 2018.(REUTERS)
Published on Sep 27, 2023 10:26 AM IST
Reuters | | Posted by Yagya Sharma

Net debt of top 8 realty firms dip 43% to 23,000 cr in last 3 yrs: Report

The market share of large developers, both listed and unlisted, has nearly doubled -- from 17 per cent in FY17 to 36 per cent in FY23.

Net debt of top eight listed developers has reduced from <span class='webrupee'>₹</span>40,500 crore in FY20 to over <span class='webrupee'>₹</span>23,000 crore in FY23.(Getty Images via AFP)
Published on Jul 16, 2023 10:59 PM IST
PTI |

Twitter's cash flow still negative as ad revenue drops 50%: Elon Musk

This is the latest sign that the aggressive cost-cutting measures since Musk acquired Twitter alone are not enough to get Twitter to cash flow positive.

Twitter Boss Elon Musk. (REUTERS)
Published on Jul 15, 2023 10:04 PM IST
Reuters |

Waste not collected for past two days, Gurugram turns a dump yard

This is due to a dispute between the Municipal Corporation of Gurugram (MCG) and its waste collection concessionaire Ecogreen Energy over non-payment of dues

Garbage dump on Civil Lines road on Wednesday. (Parveen Kumar/HT Photo)
Updated on Apr 26, 2023 11:42 PM IST
By, Gurugram

Astrologers rake in moolah as New Year approaches

With the new year around the corner, people are approaching astrologers to know what’s in store for them in 2021, after having braced one pandemic year.

An increased number of people are enquiring about their career and love life ahead of 2021, since both these were impacted the most in the pandemic that ruled 2020.(Photo: Shutterstock)
Updated on Dec 31, 2020 04:08 PM IST
By, New Delhi

Understanding finance management in the face of poor mental health

Mismanagement of finances due to poor mental health can in turn exacerbate the condition of patients. According to a journal published in The Lancet Psychiatry, people with mental health problems are more likely to get into financial difficulties.

The stigma around mental illnesses has started evaporating albeit at an extremely slow pace.(Photo: Shutterstock)
Updated on Dec 30, 2020 07:33 PM IST
Hindustan Times | ByHindustan Times

Let financial stress not ruin your marriage!

If couples are not clear about their financial goals, it leads to unnecessary confusion,frustration and can eventual turmoil in married life.

Image used for representational purpose.(Photo: Shutterstock)
Updated on Dec 22, 2020 05:26 PM IST
ByHindustan Times

This company provides a 10-day e-Invoicing implementation guarantee to get compliant quickly

Tangentia, a global digital transformation company has launched its e-Invoicing Gateway with a 10-day implementation guarantee with zero business disruption.

Updated on Nov 18, 2020 05:35 PM IST

Brunch Focus: ‘Never waste a good crisis’

Neeraj Govil, Senior VP – South Asia, Marriott Int’l, quotes Winston Churchill as he talks about new opportunities, reopening with care and added engagement with customers

Neeraj Govil, Senior Vice President – South Asia, Marriott International, has solid views on the hospitality business
Updated on Oct 11, 2020 01:16 PM IST
Hindustan Times | By

States go slow on infra spend amid fund crunch

Preliminary data from public sources and conversations with consultants and engineering companies show that many states have postponed tendering for new projects in the past few months, while ongoing projects are facing delays.

State governments that account for more than half of all government-funded capital expenditure in the economy have resorted to the deepest cuts in spending.(Bloomberg)
Updated on Jul 11, 2020 09:09 AM IST
Hindustan Times, Mumbai | ByTanya Thomas, Mumbai

Edelweiss farm to quit wholesale loan biz

At the end of the March quarter, it had outstanding wholesale loans of ₹10,000 crore, down 43% from a year ago.

Edelweiss reported a March quarter loss of <span class='webrupee'>₹</span>2,245 crore on Friday, its first loss in 25 years, after making additional provisions of <span class='webrupee'>₹</span>900 crore towards loan losses due to the Covid-19 pandemic, taking the total provisions to <span class='webrupee'>₹</span>2,549 crore at the end of March 2020.
Published on Jul 08, 2020 05:27 AM IST
Hindustan Times, Mumbai | ByGopika Gopakumar

Lock in to attractive FD interest rates to protect your savings

Financiers like Bajaj Finance Limited are still offering lucrative returns up to 7.85% on their fixed deposit. Read along to know why you must invest in a Bajaj Finance Fixed Deposit to protect your savings, during these times.

The government has been announcing various relief measures to reduce financial distress and increase liquidity in the hands of the common man, during these times.(Shutterstock)
Updated on May 20, 2020 12:42 PM IST

Vodafone keeps dividend as pandemic hits roaming, but boosts data

The British company said a drop in international travel due to the virus pandemic had hit its revenues from roaming calls and that it expected customer spending to suffer from the economic downturn caused by the health crisis.

Core earnings reached 14.9 billion euros ($16.1 billion) in the year ended March 31, with group revenue up 3% to 45.0 billion euros, driven by business in Europe.(REUTERS)
Published on May 12, 2020 02:41 PM IST
London | ByReuters

School body seeks clarity on govt order, deadline for late fee payment

On April 23, the state government had ordered that private schools could only seek monthly tuition fee till the time the lockdown continues.

While the parents have sought a fee waiver, the district education department reiterated that all stakeholders must comply with its last order.(Diwakar Prasad/ Hindustan Times)
Updated on May 02, 2020 04:30 AM IST
Hindustan Times, Gurugram | By, Gurugram

Pune Inc fears serious disruption in cash flows, fresh orders: MCCIA

Based on the results, the MCCIA said, most Micro, Small and Medium Enterprises (MSMEs) have accounted for salaries and wages to be paid until the lockdown ending on April 14. They were uncertain about the same thereafter

MCCIA Director-general Prashant Girbane said the chamber plans to write to the government for waiver of electricity duty and fixed charges by MSEDCL for MSMEs, with the industries stopping work with effect from March 21.(HT file photo)
Updated on Apr 11, 2020 04:23 PM IST
Hindustan Times, Pune | By

Real estate developers turning to strata sale of commercial assets to maintain cash flows: Report

To maintain cash flow, many developers are currently listing anywhere between 25 to 40 per cent of their office supply for strata sale.

Strata sale is sale of assets to retail or individual investors.(Aniruddha Chowdhury/Mint)
Updated on Jan 17, 2020 11:45 PM IST
Hindustan Times, New Delhi | By

Dolittle movie review: Robert Downey Jr’s disastrous film is worst thing to happen to animals since climate change

Dolittle movie review: Robert Downey Jr’s post-Avengers career is off to a very shaky start.

Dolittle movie review: Robert Downey puts on a weird Welsh accent to talk to his animals in the film.
Updated on Jan 17, 2020 01:06 PM IST
Hindustan Times | By

India Inc. has no excuse to underinvest anymore. It is time to take the plunge | Analysis

Structural reforms since 2014 led to a dip in expected cash flows for promoters. The tax break will offset that

The finance minister, by the announcement of reduced taxes, has, in one sweep, increased cash flows in any investment calculation, nullifying the negative effects one has described before(ANI Photo)
Updated on Sep 23, 2019 08:34 PM IST
ByGovind Sankaranarayanan

Prepaid energy meters for all in Uttar Pradesh soon

The UP Power Corporation Ltd (UPPCL) is expected to soon file a petition before the electricity regulator to seek its nod for the proposal in this regard in view of the Central government’s mounting pressure for prepaid metering in all the states, including UP.

The use of prepaid smart energy meters will be made compulsory in Uttar Pradesh to help discoms increase their cash flow and enable consumers to have a better control over consumption.(Mint)
Updated on Aug 07, 2019 11:46 PM IST
Lucknow | By

Boxing body AIBA to discover Olympic fate in May

Boxing’s inclusion in Tokyo depends on the outcome of an investigation into AIBA by the International Olympic Committee, which has presented the body with a list of 41 questions via audit firm Deloitte.

Image for representation(Sanjeev Verma/HT PHOTO)
Updated on Mar 28, 2019 08:58 PM IST
Lausanne | ByAFP

Lok Sabha elections 2019: Six I-T teams to crack down on illegal cash flow for polls

It has also set up a 24x7 control room, where citizens can call if they suspect anything. In addition to the toll-free number 1800221510, citizens can report suspicious cash movement on 022-22820562.

The Income Tax (I-T) department on Monday said it has formed six Quick Response Teams (QRTs) in all six Lok Sabha constituencies in Mumbai, air intelligence units (AIUs) to block airports/airbases for illegal cash flow ahead of the elections. (Representative Image)(PTI)
Published on Mar 19, 2019 03:50 AM IST
Mumbai | By

Punjab cuts fuel rates, expands farm waiver

Presenting the third budget of the Capt Amarinder Singh-led government, finance minister Manpreet Singh Badal expanded the farm loan waiver scheme to bring landless farm labourers and suicide-hit farmer families under its ambit.

Punjab cuts fuel rates, expands farm waiver. (Photo by Sonu Mehta/ Hindustan Times)(Sonu Mehta/HT PHOTO)
Published on Feb 18, 2019 11:41 PM IST
Chandigarh | By

Elon Musk’s whiplash in tone on profit sends Tesla shares sliding

The comments sent Tesla shares plunging 13 percent, the biggest drop since the Securities and Exchange Commission sued him in September over his tweets about taking the company private.

The Elon Musk who announced Tesla Inc. job cuts sounded a lot less bullish than the Musk investors have read or heard from lately.(REUTERS)
Updated on Jan 19, 2019 09:51 AM IST
ByBloomberg

Jitendra Tanna, founder of Eternus solutions, throws light on why many startups fail

Startups need to understand the difference between spending when it is required and being conservative mindlessly, he says

Jitendra Tanna, founder Eternus solutions(HT PHOTO)
Updated on Nov 12, 2018 02:42 PM IST
Hindustan Times, Pune | ByNamita Shibad

Jet Airways says debt is serviced on time despite cost pressures

Shares of Jet Airways plunged 8.5 percent on Friday in Mumbai after the company postponed announcing its first-quarter earnings.

Jet Airways aircraft stand on tarmac at the domestic airport terminal in Mumbai.(REUTERS)
Published on Aug 11, 2018 04:59 PM IST
Bloomberg | ByAnurag Kotoky and Anto Antony

Signs of revival in rural economy turn lender bullish on Indian villages

More money in the hands of farmers stands to boost demand for tractors and trucks, benefiting NBFcs like M&M Financial, that specialise in rural lending.

Non-bank financial companies (NBFCs) have been able to grab a bigger market share as government lenders see a souring of credit given to industrial companies, with M&M Financial and its peers accounting for about 21 percent of loans in the year to March 2017.(Prashanth Vishwanathan/Bloomberg)
Updated on Mar 19, 2018 12:33 PM IST
Bloomberg | ByAnto Antony
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