In 1999, American magazine Barron’s published a cover story termed”Amazon.bomb”. The story read that Amazon’s stock price would come crashing down and that the real winners of the Internet whack would be” interests that vend their own products directly”. Dismissing Amazon instituter Jeff Bezos as” just another interposer”, the story read”The idea that Amazon CEO […]
TPG may pump $1 billion into Tata Motors’ electric vehicles unit: Report
TPG private equity companies are reported in talks with the Tata Group to invest at least $ 1 billion in Electric Vehicle Business (EV) Tata Motors. TPG investment can even be increased to $ 1.5 billion and can appreciate the Division of EV Tata Motors at $ 8-9 billion, according to media reports. MoneyControl cannot […]
Eicher Motors Q2 PAT may dip 7.6% YoY to Rs 317 cr: ICICI Direct
Icici Direct has come out with the estimated second quarter income (July-September ’21) for the automatic and automatic additional sector. The broker’s house expects Eicher Motors to report net profit at Rs 317 Crore down 7.6% year-on-year (up 33.8% quarter quarter). Net sales are expected to decrease by 6.9 percent Y-O-Y (up 1.2 percent Q-O-Q) […]