How it Works – Page 97

Asian Paints Q2 preview: Paint major to report moderate revenue growth on monsoon, delayed festive season

As per Kotak Institutional Equities, prices of Tio2 Anatese declined 25 percent YoY, while that of Tio2 Rutile and Tio2 Dupont slid 20 percent and 6 percent, respectively, on a YoY basis. The three types of TiO2 refer to the form in which TiO2 is found. (Image source: Moneycontrol)

The paint major is likely to clock a 62.9 percent year-on-year (YoY) growth in net profit, at Rs 1287.4 crore.

SEBI tightens grip around finfluencers; takes action against Mohammad Nasiruddin Ansari

The regulator has asked them to credit the money received for investment advisory services and has banned them from the securities market until further orders. (Representative Image: Tingey Injury Law Firm via Unsplash)

Mohammad Nasiruddin Ansari allegedly provided investment advisory services without the required registration.

Maruti hopes to sell 9300 cars every day until Diwali; Ola says it sold a scooter every 10 secs in navratri

For Maruti Suzuki and their own powertrain, by 2030 it’ll be 15 percent EV, 25 percent strong hybrids and 60 percent to be a mix of ethanol blended fuel, CNG and biogas.

India’s auto sector has witnessed a growth of 20 percent in the last 72 days of the festive season that began on August 17 with Onam.

65 percent of Indian consumers are currently living with uncertainty: Accenture

As per the consumer pulse survey, 67 percent Indian respondents stated that challenges in recent years have created opportunities for them. (Representative Image: Sikandar Ali via Unsplash)

As per a survey conducted by Accenture, one in ten expected uncertainty to last at least five years.

Coca-Cola witnesses double digit growth in third quarter

Growth in India and the Philippines was offset by declines in China and Indonesia.(Representative Image: Maximilian Bruck via Unsplash)

In the June quarter, the Coca-Cola Company’s India business was impacted due to unseasonal rainfall during the summers in the country, when sales of fizz-based drinks were at their peak.

ICC World Cup 2023 sees a 28 percent spike in ad growth compared to 2019

From October 5 2023 to October 31, 2023, the tournament clocked a 22 percent growth in the index for average ad volumes per match across the first 31 matches compared to the ICC World Cup 2019. (Image source: Moneycontrol)

Top categories dominating the ad space in the first fortnight of World Cup 2023 include perfumes/deodorant, cars, ecom-gaming, aerated soft drink, and ecom-wallets.

Zomato can rise up to 16% from current levels, say analysts at Kotak; here’s why

Last year, Zomato faced backlash after releasing a promotional advertisement ‘Kachra can change the game’ on occasion of the World Environment Day. (Representative Image: Ravi Sharma via Unsplash)

Analysts see the food delivery firm’s gross order value growing at 19% CAGR over FY23-26 even as its Blinkit and Hyperpure businesses show promise.

Luxury carmakers on course to hit record 45,000 units in annual sales; post double-digit growth in Jan-Sept 2023

Saudi Arabia is accelerating, attracting investments of major luxury brands; and Australia has provided fertile ground for growth. (Representative Image: Devon Janse van Rensburg via Unsplash)

Automakers including Mercedes, Audi, BMW, JLR and Volvo have sold around 33,000 units during the first nine months of this year as against 36,000 units sold in 2022.

Mamaearth parent plans Rs 1,700-cr IPO on Oct 31; Honasa aims at Rs 10,500-cr valuation

The fund is aimed at backing founders bringing in innovative tech and pushing the boundaries of the sports and gaming ecosystem.(Representative Image: Markus Winkler via Unsplash)

Honasa Consumer, co-founded in 2016 by the husband-wife duo of Varun and Ghazal Alagh, attained the unicorn status when it raised $52 million at a valuation of $1.2 billion in a fundraising round in January 2022 led by top VC firm Sequoia Capital.

After multi-year lows, smartphone industry in India hopes for Diwali bump

Total mobile data traffic is estimated to grow threefold between the end of 2023 and end of 2029 - attributed to factors such as improved device capabilities, an increase in data intensive content and continued improvements in the performance of deployed networks. (Representative image by Mika Baumeister via Unsplash)

Owing to the huge discounts offered by Amazon and Flipkart during their respective seasonal sales, the sales of iPhones went up by 25% as compared to the previous year.