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Bloomberg Quint
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Hrithik Roshan, Rakesh Roshan Sell Properties In Mumbai's Andheri — Here's How Much They Will Earn
- Hrithik Roshan and Rakesh Roshan have sold three properties in Mumbai's Andheri West for a total of Rs 6.75 crore, as per property documents reviewed by Square Yards.
- The transactions, registered in May 2025, include two units sold by Rakesh Roshan and one by Hrithik Roshan, with details of the properties as follows:
- Rakesh Roshan sold a unit in Veejays Niwas CHS Limited for Rs 3.75 crore, another property in Raheja Classique for Rs 2.20 crore, while Hrithik Roshan sold a unit in Raheja Classique for Rs 80 lakh.
- Andheri West is a desirable location due to its connectivity and proximity to commercial centers like BKC and SEEPZ, making it popular among homebuyers and businesses.
- Rakesh Roshan is known for directing hit movies like Karan Arjun and the Krrish series, while Hrithik Roshan gained fame with films such as Kaho Naa Pyaar Hai and has starred in critically acclaimed movies.
- The sale of these properties reflects the continued interest in premium real estate in Mumbai, particularly in dynamic sub-markets like Andheri West.
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Bloomberg Quint
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India, China Agree To Fast-Track Resumption Of Direct Air Service
- India and China have agreed to expedite the resumption of direct air services between the two nations and prioritize people-centric engagements.
- The agreement was reached during a meeting between Indian Foreign Secretary Vikram Misri and Chinese Vice Foreign Minister Sun Weidong.
- Both sides reviewed the developments in India-China bilateral relations and agreed to work on rebuilding ties.
- The foreign secretary called for the early finalization of a revised air services agreement and easing visa processes.
- There has been no direct air connectivity between India and China since early 2020 due to the Covid-19 pandemic.
- Airlines operated flights to destinations like Shanghai, Guangzhou, New Delhi, Mumbai, and Kolkata before the pandemic.
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Bloomberg Quint
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Air India Flight Makes Emergency Landing In Thailand After Bomb Threat
- An Air India flight from Thailand to New Delhi made an emergency landing in Thailand after receiving an on-board bomb threat.
- The flight had 156 passengers on board and had to return to the southern Thai island. All passengers were escorted from the flight with emergency plans implemented.
- The aircraft initially departed from Phuket airport but had to circle around the Andaman Sea before landing back in Thailand.
- The incident occurred a day after a major airplane crash in Gujarat that claimed the lives of at least 241 people.
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Bloomberg Quint
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FIFA World Cup 2026: 13 Slots Taken, 35 Remain — List Of Teams Qualified So Far
- The FIFA World Cup 2026 is set to feature 48 teams in 104 matches across 16 cities, with the final scheduled for July 19 at the MetLife Stadium in New Jersey, USA.
- Brazil secures their spot in the World Cup after defeating Paraguay 1-0, with a goal from Vinicius Jr.
- Palestine misses a chance at qualification as Oman scores a late penalty, advancing instead of Palestine in the AFC qualifiers.
- Teams from Asia, South America, CONCACAF, and Oceania have qualified, while none from Africa and Europe have secured spots yet.
- Notable absentees from the tournament include Chile and China, with Chile's absence being a setback for South American football.
- The final list of 48 teams for the World Cup will be confirmed on March 31, 2026, with UEFA having 16 guaranteed spots and other confederations allocated varying numbers of spots.
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Bloomberg Quint
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Motilal Oswal Stays Neutral On P&G Shares; Says Rich Valuations To Cap Upside
- Motilal Oswal Financial Services maintains a neutral stance on P&G shares due to rich valuations limiting potential upside.
- P&G has experienced a consistent improvement in Ebitda margins, with a 250 basis point expansion to around 23.5% from FY19-24.
- The company, known for its essentials and healthcare products, focuses on customer acquisition through product innovation.
- Despite high potential for user additions, P&G's penetration strategy is expected to continue at a stable pace.
- No specific price targets were mentioned in the summary.
- The news article contains subscription prompts for further details and access to stories.
- The article also mentions offerings exclusively available for subscribers, including newsletters, research reports, priority event passes, and an ad-lite experience.
- Full access to the NDTV Profit platform and app is highlighted as subscriber benefits.
- Viewers can access live TV, stock market updates, business news, IPO information, and more on NDTV Profit.
- An advertisement section is present in the article.
- Additional content about newsletters and subscription benefits is included in the article.
- Readers are encouraged to sign up for newsletters after agreeing to the terms and conditions of NDTV Profit.
- The summary implies a cautious outlook on P&G shares due to valuation concerns.
- The article seems more geared towards financial analysis and investor recommendations.
- The story lacks new developments or events beyond the financial perspective.
- The article may not be suitable for a web story due to its specialized financial focus.
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Bloomberg Quint
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Gensol Admitted Into Insolvency By NCLT Ahmedabad On IREDA Plea
- Gensol Engineering has been admitted to insolvency by the NCLT Ahmedabad on a plea from IREDA.
- An interim resolution professional is expected to be chosen for the corporate insolvency resolution process.
- Troubles for Gensol started when SEBI barred its promoters from the securities market, citing fund diversion in an electric vehicle purchase scheme.
- SEBI reported that Gensol raised ₹975 crore for 6,400 electric vehicles but bought only 4,704 units for ₹567.73 crore, leaving over ₹200 crore unaccounted for.
- Credit rating agencies downgraded Rs 2,050 crore of Gensol's debt to default status, leading to further scrutiny.
- Gensol submitted fabricated debt servicing conduct letters, prompting the appointment of a forensic auditor to examine its financial records.
- Despite early defaults, Gensol falsely claimed regular payments to rating agencies.
- Actions required include halting a stock split and thorough scrutiny of accounts and related parties.
- A detailed order from NCLT on Gensol's insolvency case is pending.
- IREDA and Power Finance Corp confirmed that no conduct letters were issued to Gensol as falsely claimed.
- An ongoing investigation reveals discrepancies in Gensol's financial dealings.
- The company's insolvency marks a significant development in its financial instability and regulatory issues.
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Medium
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How Corporate Venture Capital Drives Potential Business GrowthHow Corporate Venture Capital Drives…
- Corporate venture capital investors are driven not only by profit but also by how a startup can complement their core business.
- CVC offers startups strategic advantages such as mentorship, access to markets, technical expertise, and distribution networks.
- Investing in startups allows parent corporations to stay at the forefront of innovation, test ideas with reduced risk, and identify future acquisition targets.
- Corporate VC firms usually invest at Series A or Series B rounds, helping startups during growth phases and expanding globally.
- Venture capital targets high-growth potential startups, while private equity focuses on established businesses with cash flows.
- Choosing between venture capital and private equity depends on business objectives, risk tolerance, and growth stage.
- Corporate VC strategies should align startup innovation with the parent company's objectives, especially in sectors like fintech, healthtech, logistics, and sustainability.
- Executive courses in corporate venture capital help individuals understand startup evaluation, deal-making, and aligning investments with corporate strategies.
- Corporate venture capital is a tool that facilitates external innovation, business growth, and disruption avoidance.
- Understanding venture capital financing phases and the differences between venture capital and private equity can provide new growth opportunities for startups and corporations.
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Bloomberg Quint
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Boeing CEO Ortberg Cancels Airshow Trip After India Crash
- Boeing CEO Ortberg and Boeing commercial aircraft head Stephanie Pope canceled plans to attend the Paris Air Show following the Air India crash that killed all but one of the 242 people aboard a Dreamliner plane.
- The crash of the 787-8 Dreamliner occurred shortly after takeoff from Ahmedabad, India, with the aircraft entering a slow descent and exploding into a fireball upon impact.
- One of the black boxes containing critical evidence was located, and over 200 bodies were recovered at the crash site, with the official death toll pending DNA verification.
- Flight AI171 was carrying 12 crew members and 230 passengers, mostly Indian and British nationals.
- The aircraft reached an altitude of 625 feet and a speed of 174 knots before the crash, with the pilots issuing a mayday call immediately after takeoff.
- The tragic accident marks the first complete loss of a 787 plane, leading to a 4.8% decline in Boeing shares and raising concerns about aviation safety.
- US President Donald Trump expressed willingness to help India after the crash, and investigations into the incident are ongoing with support from global aviation authorities.
- Boeing has faced previous accidents, including fatal crashes involving Lion Air Flight 610 and Ethiopian Airlines Flight 302, as well as other incidents that have impacted the company.
- India's civil aviation minister pledged a thorough investigation, and Air India announced compensation for the families of the crash victims.
- The crash of Air India VT-ANB, powered by GE engines, has prompted international collaboration in the investigation under Annex 13 rules for aviation crash probes.
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Bloomberg Quint
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India Mutual Fund Tracker — Equity AUM Scales A Record High Of Over Rs 35 Trillion In May: Motilal Oswal
- India's Mutual Fund Equity Assets Under Management (AUM) reached a record high of over Rs 35 trillion in May according to Motilal Oswal.
- The top five stocks that experienced the highest value increase were L&T, HDFC Bank, ITC, Bharat Electronics, and Eternal.
- Private Banks' weight dropped to 18.4% in May from touching a 20-month high in April 2025.
- Sector and stock allocation changes were observed in May - Capital Goods, Automobiles, NBFCs, Chemicals, and Infrastructure weights increased, while Private Banks, Healthcare, Utilities, Oil & Gas, Consumer, Telecom, Retail, Cement, and Consumer Durables moderated.
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Bloomberg Quint
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Ahmedabad Plane Crash: Air India May Face These Court Cases Going Ahead
- Families of Air India crash victims may seek legal remedies like breach of contract, negligence, or class action suits against the airline.
- Tata Group has offered Rs 1 crore compensation per victim and vowed to cover medical expenses, potentially aiding Air India's position.
- Legal expert Shiv Sapra suggests an action for breach of contract due to service failure could be pursued in court by passengers' families.
- Class action suits might be filed in India, grouping affected individuals to collectively sue, especially with past warnings to Air India by DGCA.
- Air India, under Tata Group since 2022, faced regulatory actions for safety lapses, customer service issues, cockpit breaches, and operational violations.
- Various fines have been imposed on Air India, including penalties for boarding denials, cockpit protocol violations, safety breaches, and passenger service lapses.
- Persistent compliance issues within Air India's operations, such as pilot recency requirements, flight-duty time violations, and passenger care lapses, have been noted by DGCA.
- Legal implications concerning insurance claims and how insurance policies are expected to play out post the Air India crash are highlighted as well.
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Bloomberg Quint
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Buy, Sell, Or Hold: Aditya Agarwala Recommends Apollo Hospitals, Tech Mahindra
- Aditya Agarwala, Head of Research and Investments at Invest4edu, recommends buying shares of Apollo Hospitals Enterprise Ltd., Tech Mahindra Ltd., and Torrent Pharmaceuticals Ltd. with specific target prices and stop-loss levels.
- For Apollo Hospitals, the target price is Rs 7,550 with a stop-loss at Rs 6,775. It is a leading healthcare provider in India established in 1983.
- Tech Mahindra is advised as a buy with a target price of Rs 1,715 and a stop-loss at Rs 1,610. It is an Indian multinational IT services and consulting company founded in 1986.
- Agarwala also recommends buying Torrent Pharmaceuticals with a target price of Rs 3,360 and a stop-loss at Rs 3,200. It is a prominent Indian pharmaceutical company established in 1959.
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Bloomberg Quint
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Oil Curve Shift Shows Fears Of Protracted Mideast Conflict
- Concerns over Israel's strike on Iran are strengthening the oil futures curve.
- Front-month Brent prices surged by up to 13% alongside movement for contracts further out.
- The typical contango structure signaling loose balances long-term has disappeared.
- The spread between two nearest December Brent contracts flipped to backwardation at $2.30 per barrel.
- Various timespreads, including Brent's prompt spread, have rallied significantly.
- Oil options are very bullish due to a potential escalation in Mideast conflict, with implied volatility higher.
- Warren Patterson from ING Groep NV warns of potential disruptions to oil flows through the Strait of Hormuz.
- A significant disruption could push oil prices to $120 a barrel; Brent futures currently near $75 a barrel.
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Bloomberg Quint
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Who Was Sunjay Kapur? Karisma Kapoor’s Ex-Husband And Sona Comstar Chairman Who Died In UK
- Sunjay Kapur, actress Karishma Kapoor's ex-husband and Sona Comstar Chairman, passed away at 53 in England.
- Kapur and Karishma had a troubled marriage, divorcing in 2016 after marrying in 2003. He later married Priya Sachdev in 2017.
- Their two children are Samaira, born in 2005, and Kiaan Raj Kapur, born in 2010. Sunjay Kapur was also survived by two siblings.
- Sunjay Kapur, an alumnus of Harvard Business School, was Chairman of Sona Comstar with extensive automotive and manufacturing experience.
- He was involved with various companies and served on boards, including Jindal Steel and Power Ltd. and The Doon School in Dehradun.
- Kapur expressed grief over the Ahmedabad plane crash in his last social media post before his death.
- He was passionate about Polo and had completed the Owner-President Management Program at Harvard Business School.
- Sunjay Kapur's death followed his last social media post expressing condolences for the Air India crash in Ahmedabad.
- The passing of Sunjay Kapur marks the loss of a prominent figure in the automotive industry and a personality known for his diverse interests.
- His legacy includes his role as Chairman of Sona Comstar and his contributions to the field of auto components.
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TechBullion
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Mega 7 Stocks: Uncovering Investment Opportunities in the Downturn
- The 'Mega 7' stocks, including Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla, have recently experienced significant downturns presenting potential investment opportunities for rebound.
- Meta (Facebook), Amazon, and Tesla have seen substantial declines due to economic, geopolitical, and company-specific factors, raising questions about recovery prospects.
- Despite Meta's 30% stock drop and concerns about metaverse focus and ad revenue, potential opportunities exist in the long-term growth of the metaverse and social media dominance.
- Amazon, facing a 25% stock dip from operating costs and inflationary pressures, remains strong in e-commerce, cloud computing, and entertainment, offering long-term growth potential.
- Tesla's over 40% stock decrease, attributed to EV competition and supply chain issues, presents a buying opportunity for those believing in EV and autonomous driving future.
- The downturn in Meta, Amazon, and Tesla, although challenging, could offer significant returns for patient investors with a long-term perspective.
- Investors can consider entering the market during these dips in Meta, Amazon, and Tesla, as they address challenges and capitalize on growth opportunities in the future.
- Short selling or buying on the dip in these Mega 7 stocks could be advantageous for traders, but a well-thought-out strategy and risk management plan are essential.
- While facing struggles, the Mega 7 stocks continue to hold long-term investment potential, potentially rebounding as they overcome challenges and embrace new growth avenues.
- Investors eyeing Meta, Amazon, and Tesla may find discounted prices a viable entry point for potential future rebounds as these companies innovate and overcome current obstacles.
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Bloomberg Quint
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JK Cement To Maintain High Margin Over 2-3 Years: Go India Stocks' Rakesh Arora
- JK Cement Ltd. is predicted to maintain high Ebitda margins over the next 2-3 years, according to Rakesh Arora of Go India Stocks.
- The company is on track to double its capacity to 30 million tonnes by FY26 and aims to reach 50 million tonnes by FY30.
- Arora believes JK Cement's volume growth will be around 7-8% until they make acquisitions to achieve the 50-million tonne target.
- JK Cement's strategic advantages include presence in high price regions with limited limestone availability, portfolio diversification, and brand focus.
- The company's shift to building materials beyond core cement, such as white cement and wall putty, has helped narrow the pricing gap with industry leaders.
- Arora highlights the positive impact of marketing, brand building, and diversification efforts on JK Cement's Ebitda margins.
- Debt is not a concern for JK Cement due to healthy cash reserves, and Arora expects Ebitda margins to rise to around Rs 1,200 per tonne by FY26.
- Arora anticipates a 30% growth in Ebitda margins for the company driven by margin expansion and volume growth.
- While cement prices may dip during monsoon, Arora predicts elevated pricing on a full-year basis due to reduced competition intensity and price increases by industry leaders.
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