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Новости за 12.05.2023

Max Financial Services profit slumps 64% to Rs 52 crore in Jan-Mar quarter

Business Standard 

Max Financial Services Ltd (MFSL) on Friday reported a 64 per cent decline in consolidated net profit at Rs 52 crore for the last quarter of 2022-23. The company had reported a net profit of Rs 144 crore in the January-March period a year ago. The company registered consolidated revenue of Rs 9,929 crore in the quarter from Rs 8,960 crore in Q4FY23, MFSL said in a regulatory filing. Total expanses of the firm rose to Rs 9,876 crore as against Rs 8,809 crore a year ago, it said. For the full year FY23... Читать дальше...

Repeal the Debt Ceiling

Cato Institute 

Jeffrey Miron

This article appeared on SubStack on May 12, 2023.

Unless Congress cuts spending or raises taxes in the near future, the federal government will hit its debt ceiling later this summer. At that point the United States will either default or pursue “extraordinary measures,” such as minting a trillion dollar coin.

President Biden wants a “clean” increase in the ceiling; Republicans want a substantial cut in spending in exchange for raising the limit. In all likelihood... Читать дальше...

Polycab India consolidated PAT rises 31.68% to Rs 428 crore in Q4

Business Standard 

Electrical goods company Polycab India on Friday reported a 31.68 per cent growth in consolidated profit after tax (PAT) during the quarter ending March 31, at Rs 428.41 crore compared to the same period of the previous financial year. The company's PAT stood at Rs 325.33 crore during the corresponding period of the previous fiscal, Polycab India said in a regulatory filing. Revenue from operations of the company increased by 8.90 per cent at Rs 4,323.68 crore during the quarter under review compared... Читать дальше...

Byju's raises $250 mn from Davidson Kempner Capital at $22 bn valuation

Business Standard 

Edtech major BYJU'S is learnt to have closed USD 250 million fundraising from Davidson Kempner Capital and is in the process to close another funding round of USD 750 million by the end of this month, sources aware of the development said on Friday. The company has raised USD 250 million at a flat valuation of USD 22 billion, sources said. "BYJU'S has successfully closed a USD 250 million fundraising from Davidson Kempner Capital Management. This round is part of an ongoing USD 1 billion funding... Читать дальше...



Çorum'da kaçak sigara operasyonu

Yenicag 

Çorum Emniyet Müdürlüğü, Kaçakçılık ve Organize Suçlarla Mücadele Şube Müdürlüğü ekipleri düzenledikleri operasyonda çok sayıda kaçak sigara ile cinsel içerikli ürün ele geçirdi.

No democracy left in West Bengal, need to bring a change: BJP chief Nadda

Business Standard 

Targeting TMC supremo Mamata Banerjee for banning the "The Kerala Story", BJP national president J P Nadda on Friday said there is no democracy in West Bengal due to her style of functioning. Addressing an event after unveiling a book "Democracy in Coma", he also slammed Banerjee for banning "The Kerala Story" in the state and said the film has nothing to do with any religion or state. "But Banerjee, one of the champions of democracy, has banned it in West Bengal. There is nothing left in the name of democracy in West Bengal. Читать дальше...

Trai gives telcos 30 days to check misuse of telemarketing templates

Business Standard 

Regulator Trai on Friday directed telecom operators to take action against misuse of telemarketing messages templates within 30 days to curb pesky messages. The regulator in the direction said that it has noticed some telemarketers are misusing headers and content templates of enterprises. "Unsolicited Commercial Communication (UCC) is a major source of inconvenience to the public and impinges on the privacy of individuals and Trai has been taking various steps to curb it. Today, Trai has issued... Читать дальше...

How large is the US 'green economy?'

Phys.org 

One way to gauge a country's attention to the environment may be measuring how much of its economy is devoted to protecting, rehabilitating, and preserving the natural environment. While the U.S. has made prior attempts at tracking "green jobs" and "green goods and services," the U.S. government does not currently account for this sector.

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