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Rally 1 2022

Vedanta Consolidated June 2022 Net Sales at Rs 38,622.00 crore, up 35.94% Y-o-Y

July 28, 2022 by www.moneycontrol.com

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Reported Consolidated quarterly numbers for Vedanta are: Net Sales at Rs 38,622.00 crore in June 2022 up 35.94% from Rs. 28,412.00 crore in June 2021. Quarterly Net Profit at Rs. 4,421.00 crore in June 2022 up 4.66% from Rs. 4,224.00 crore in June 2021. EBITDA stands at Rs. 10,930.00 crore in June 2022 up 3.02% from Rs. 10,610.00 crore in June 2021. Vedanta EPS has increased to Rs. 11.92 in June 2022 from Rs. 11.40 in June 2021. Close Vedanta shares closed at 243.40 on July 27, 2022 (NSE) and has given -25.71% returns over the last 6 months and -9.89% over the last 12 months. Vedanta Consolidated Quarterly Results in Rs. Cr. Jun'22 Mar'22 Jun'21 Net Sales/Income from operations 38,251.00 39,342.00 28,105.00 … [Read more...] about Vedanta Consolidated June 2022 Net Sales at Rs 38,622.00 crore, up 35.94% Y-o-Y

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Ranking Your Local Food Business in Bangkok, Thailand for 2022

June 11, 2022 by www.chiangraitimes.com

Thailand is famous all around the world for its iconic Thai food and any local food business. According to an expectation, there are around 100000 restaurants established in the country. This figure is monstrous, considering the size! And talking of local street vendors in the country, the number rose beyond 500000. Therefore, you are getting a lot of opportunities if you have thought of owning a local Food business in Bangkok. You need to have good marketing teams if you want to rank your local food business in Bangkok. You really have to work on content promotion when you are trying to establish your food business in Bangkok. In this article, we are going to focus on the ways you could follow to rank your Local Food Business in Bangkok. The Best Restaurants In Bangkok There are many restaurants that are operating in Bangkok. But some of them created their own niche through food quality and a whole lot of other aspects. These restaurants are highly … [Read more...] about Ranking Your Local Food Business in Bangkok, Thailand for 2022

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Crypto markets have hit the floor, says JP Morgan

August 9, 2022 by www.moneycontrol.com

Even as Bitcoin fell as much as 75 percent from its all-time high in November last year, crypto prices, notably those of Bitcoin and Ethereum have rebounded considerably in July (Image: Shutterstock) Anticipation over the Merge, a much-awaited upgrade to the Ethereum (ETH) network, is the main driver behind a rally in cryptocurrencies over the last few weeks, financial services firm JP Morgan said, and claimed the market had hit the floor despite subdued trading volumes. Even as the world’s largest digital currency Bitcoin (BTC) fell as much as 75 percent from its all-time high in November last year, crypto prices, notably those of BTC and ETH have rebounded considerably in July, gaining 36 percent and 102 percent, respectively, from their mid-June lows. With BTC crossing the psychologically important level of $24,000, the crypto market has reclaimed the $1 trillion level in market value, led by a rise in the prices of blue-chip tokens. Limited contagion from Terra … [Read more...] about Crypto markets have hit the floor, says JP Morgan

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Editor Daily Rundown: Donald Trump to Be Deposed Wednesday by New York Attorney General

August 10, 2022 by dailycaller.com

Donald Trump to Be Deposed Wednesday by New York Attorney General … WSJ Donald Trump is set to be deposed Wednesday by the New York attorney general’s office in its civil-fraud investigation into the financial dealings of the former president and his company. “In New York City tonight,” Mr. Trump wrote on his social-media platform, Truth Social, just after midnight. “Seeing racist N.Y.S. Attorney General tomorrow, for a continuation of the greatest Witch Hunt in U.S. history! My great company, and myself, are being attacked from all sides. Banana Republic!” A spokeswoman for New York Attorney General Letitia James declined to comment. A lawyer for Mr. Trump didn’t respond to a request for comment. Police exodus ‘crisis’: Officers are ditching the job at a rate ‘never seen before’ … FOX NEWS Law enforcement officers are leaving their jobs “at a rate we’ve never seen before,” with some departments seeing decreases by as many as hundreds of members compared to the … [Read more...] about Editor Daily Rundown: Donald Trump to Be Deposed Wednesday by New York Attorney General

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Ranhill Utilities gets four-year PPA extension for [email protected] project

August 10, 2022 by www.theedgemarkets.com

- A + A KUALA LUMPUR (Aug 10): Ranhill Utilities Bhd has obtained a four-year extension of a power purchase agreement (PPA) to develop a 50 MW large scale solar plant under large scale solar phase [email protected] ( [email protected] ) in Perak. In a bourse filing, the water supply company via its wholly-owned unit Ranhill Solar I Sdn Bhd (RSI) said it had received a notification letter from the Energy Commission (EC) on the four-year extension agreement. This confirms a report by The Edge on August 2, which stated that LSS4 project owners have their power purchase agreements (PPAs) extended by four years to 25 years from 21 previously, citing sources. The four-year extension for LSS4 winning bidders appears to be a concession the EC is making in consideration of how the viability of certain projects have been affected, following a 30%-50% jump in solar panel prices — compared to when they submitted their bids in 2020, the report said. In the … [Read more...] about Ranhill Utilities gets four-year PPA extension for [email protected] project

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Tycoon Robert Kuok’s 80%-owned FFM faces RM46.36 mil fine if breached Competition Act

August 10, 2022 by www.theedgemarkets.com

- A + A KUALA LUMPUR (Aug 10): Malaysia Competition Commission (MyCC) has proposed to impose a financial penalty of RM46.36 million on FFM Bhd — one of five feed millers recently flagged by the commission for potential price fixing — subject to findings in relation to its alleged infringement of the Competition Act 2010. FFM is a 80%-owned subsidiary of PPB Group Bhd, the flagship company of tycoon Robert Kuok Hock Nien. In a filing with Bursa Malaysia on Wednesday (Aug 10), PPB said that it is providing further information relating to a proposed decision by the commission earlier. "MyCC's allegation against FFM was in relation to the purported entering into agreements or concerted practices by certain poultry feed millers in fixing the price of poultry feed," the diversified conglomerate said. However, PPB added that there is no operational or material financial impact on the group at this juncture. The group also noted it is working with its advisers on its … [Read more...] about Tycoon Robert Kuok’s 80%-owned FFM faces RM46.36 mil fine if breached Competition Act

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Malayan Flour Mills’ partially owned company faces RM70.02 mil fine if infringed Competition Act

August 10, 2022 by www.theedgemarkets.com

- A + A KUALA LUMPUR (Aug 10): Malayan Flour Mills Bhd's (MFM) partially owned Dindings Poultry Development Centre Sdn Bhd (DPDC) said that Malaysia Competition Commission (MyCC) has proposed to impose a financial penalty of RM70.02 million in the event that DPDC is found to have infringed the Competition Act 2010. In a Bursa Malaysia filing on Wednesday (Aug 10), MFM said DPDC strongly denies the allegation of any infringement of the provisions of the Act as mentioned in the proposed decision. "However, in the event of any findings to the contrary, MyCC has proposed a financial penalty equivalent to 10% based on the relevant turnover and based on MyCC's calculation for the alleged period which amounts to RM70.02 million. "DPDC denies that it is liable for the said penalty and refutes the basis of the calculation applied by MyCC," it said. MFM added that DPDC continues its business operations as usual and that currently there is neither financial nor operational … [Read more...] about Malayan Flour Mills’ partially owned company faces RM70.02 mil fine if infringed Competition Act

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China’s central bank warns of inflation risks as CPI climbs

August 10, 2022 by www.theedgemarkets.com

- A + A BEIJING (Aug 10): The People's Bank of China (PBOC) has said it will safeguard the economy against inflation threats, pledging to avoid massive stimulus and excessive money printing to spur growth. The central bank will both support economic growth and ensure stable prices, the PBOC said in its quarterly monetary policy report released on Wednesday. At the same time, it will provide stronger and higher-quality support to the real economy, it said. "Structural inflation pressure may increase in the short term, and the pressure of imported inflation remains," the PBOC said. "We can't lower our guards easily." The PBOC's warnings came on the same day official data showed inflation accelerated in July to 2.7%, the highest level in two years, largely driven by food prices as pork costs surged. Weak consumer demand kept overall price pressures in check though. The central bank said consumer price index (CPI) will likely exceed 3% in some months during the … [Read more...] about China’s central bank warns of inflation risks as CPI climbs

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Food inflation eases, but uncertain crops slow wider relief

August 10, 2022 by www.theedgemarkets.com

- A + A CHICAGO (Aug 10): While the outlook for global crops is improving from the tumultuous weeks after Russia's attack on Ukraine, the threats of drought, flooding, and blistering heat are keeping supplies tight and prices elevated. Crop futures have retreated to pre-war levels, and the UN's monthly measure of food prices sank the most since 2008. That is offering some relief to consumers who have faced rampant food inflation since the start of the pandemic. Still, the war is putting more pressure on farmers from the US to India to replace crop losses and make up for the shortfall in supplies from Ukraine, normally a key shipper to poorer nations in the Middle East and Africa. How much they can provide is in question. Major producers like the US, Brazil, and Argentina have been facing yield issues over the last few years thanks to scorching heat, supporting prices at higher levels. Global production of corn and soybeans in 2021-2022 fell short of initial … [Read more...] about Food inflation eases, but uncertain crops slow wider relief

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CPO futures end marginally lower on higher output, stocks

August 10, 2022 by www.theedgemarkets.com

- A + A KUALA LUMPUR (Aug 10): Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended marginally lower on Wednesday as concerns over rising output and higher stock levels continue to weigh on prices, a dealer said. The Malaysian Palm Oil Board (MPOB), in its report released on Wednesday, said Malaysia’s CPO stocks for July 2022 rose 2.79% to 905,946 tonnes from 881,315 tonnes recorded in June 2022. Overall, palm oil stocks increased 7.71% to 1.77 million tonnes from 1.65 million tonnes in the preceding month. The report also said that CPO output increased by 1.84% to 1.57 million tonnes in July versus 1.55 million tonnes in June. Palm oil exports rose by 10.72% month-on-month to 1.32 million tonnes in July from 1.19 million tonnes in June. Palm oil trader David Ng said the report indicated an increase of 1% and 7% in production and stock levels respectively last month and this would put pressure on prices. “Weaker crude oil prices are also … [Read more...] about CPO futures end marginally lower on higher output, stocks

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