Tag Archives: as

Geneva auto show canceled as Switzerland bans large events

The Geneva auto show is being canceled after the Swiss government announced an immediate ban Friday on all “public and private” events in the country involving more than 1,000 people as a measure to halt the spread of the new coronavirus. The measure will last until at least March 15, officials said. Among the events that will be affected are the annual Geneva International Motor ... Read More »

Future perfect: Short strangle may pay well as Ashok Leyland is range-bound

Despite the recent rally in Ashok Leyland, the long-long term outlook remains neutral only. However, in the short-term the stock may move with a positive bias. Only a break above Rs 110 or below Rs 70 will set a clear trend for Ashok Leyland. The stock finds an immediate resistance at Rs 93 and the support at Rs 74.65. While a ... Read More »

Future Consumer names Rajnikant Sabnavis as CEO

NEW DELHI : Future Consumer Ltd, part of Kishore Biyani-led Future Group, on Tuesday named Rajnikant Sabnavis as its new chief executive officer, effective January 1, 2020. Future Consumer is the consumer goods arm of Future Group and sells popular packaged goods brands such as Tasty Treat, Voom fabric care, Karmiq dry fruits, Sunkist beverages and Mother Earth, its organic staples brand, ... Read More »

Vodafone CEO Nick Read says company’s future in India looks doubtful as situation is critical

Vodafone said its future in India could be in doubt unless the government stopped hitting operators with higher taxes and charges, after a court judgment over licence fees resulted in a 1.9 billion euro group loss in its first half. Chief Executive Nick Read said India, where Vodafone formed a joint venture with Idea Cellular in 2018, had been “a ... Read More »

India vs Bangladesh: Virat Kohli’s rest and MS Dhoni’s future on the radar as selectors meet to pick squad

With the South Africa series over, the Indian team is now set to take on Bangladesh for a series of 3 T20Is and 2 Tests starting from November 3. As reported earlier, the MSK Prasad-led BCCI’s selection committee will be meeting on Thursday to select the squad for the series. Also, with the Bangladesh Cricket Board (BCB) having accepted most ... Read More »

Spider-Man’s Marvel Cinematic Future in Jeopardy As Disney and Sony Butt Heads Over Producing Deal

Spider-Man is under threat of eviction from the Marvel Cinematic Universe if the two companies controlling the character’s future can’t come to an agreement over producing and revenue sharing. In 2015, Marvel and Sony brokered a deal to share Spider-Man that involved Disney co-financing Spidey movies in exchange for a share of profits and for use of the web-slinger in its sprawling network of interconnected films. That ... Read More »

Team Rahul Gandhi’s future uncertain as new winds blow in Congress

Inducted into key roles with much fanfare and hope, top members of team Rahul Gandhi face an uncertain future as the party deals with the aftermath of its dismal performance in the Lok Sabha election and resignations pour in. Gandhi recently quit as the Congress president, taking responsibility for the drubbing, and many of his closest aides followed him. His ... Read More »

Used-cars market shines bright as sales hit 4 million mark in FY19

As automakers continue to report plummeting April sales numbers, the factors triggering a slowdown in the new-cars market don’t seem to be weighing on the used-cars market. Used-cars sales crossed the 4 million unit mark in FY19, with it being 1.2x the size of the new car market. It is also poised to reach between 6.7 to 7.2 million cars ... Read More »

‘Crude prices to hold firm in future as supply tightens’

Crude-oil prices have been rising sharply in international markets as OPEC is committed to rebalancing the crude oil market. The latest update shows that OPEC’s crude-oil production in March further declined to 30.02 million barrels a day, from 30.56 million b/d the previous month. A steep decline in production from Saudi Arabia, Venezuela and Iraq led to rise. Saudi Arabia ... Read More »

Jet Airway’s Future Hangs In Limbo As Talks Go Nowhere

James Hogan, CEO of Etihad Airways, left, and Naresh Goyal, chairman of Jet Airways, attend a news conference in Mumbai, India, on August 11, 2014. (Photo: Vivek Prakash/Bloomberg) © 2014 BLOOMBERG FINANCE LP Will Naresh Goyal be remembered as the man who created India’s first successful private airline, or the man who caused it to collapse? It’s been a few ... Read More »