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There is a transition, which has started lately, of going electric. What we are seeing is what I call a "very thinning of the model range" at manufacturer levels, he said.

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​I did a dipstick survey at the ACMA executive committee to find out how ready they are and found that 60 per cent of the companies said that they are already ready with technology or they have a tie up with an international player to be a part of the EV value chain, he said.

While, the BSE will provide the capacity building and soft support to small and medium enterprises (SMEs) in Tamil Nadu for fulfilling listing requirements.

Applying the basic tenet of technical analysis, any support that is once violated becomes a resistance. In this context, the 50-week MA may pose minor resistance to the markets when it tries to pull back.

The latest moves mark a turnaround from the early reaction to the assault on Ukraine. European stocks slumped at the end of the week and are at the lowest in a year as the sweeping measures slapped on Russia disrupt trade.

The skilled fund manager says embracing risk and some losses in good times is the way to prosper in an investment crisis.

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The move goes beyond the actions of a number of other Swiss localities that for some time have been accepting crypto for tax payments.

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We saw seizing or freezing of bank accounts of truck drivers who took part in the protest in Canada and we also saw seizing of the central bank assets of a nuclear power Russia. This has never happened at this pace, said Akshay BD

Analysts said Vi needs a much bigger dose of equity financing to be able to invest at least Rs 20,000 crore on its network in the next 2 years to improve competitiveness and drive average revenue per user (ARPU) growth.

Asian Paints gets a crude shock, slips 12% in a week

Updated at : 2022-03-05 11:20:03

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Crude derivatives form 30-40% of raw material costs for large paint companies like Asian Paints. Also, the stock was trading at a relatively higher valuation, and when raw material inflation rises, erosion of pricing power impacts margins.

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