ProfitNama

ProfitNama

4 January 2024

Fantastic Four Fire up Motown, Drive into Record Books

Analysis of India’s Auto Sector Sales Trends in 2023 Source and Citation: Excerpts from an ET Bureau Article on January 4th, 2024, discussing record annual car sales by specific auto OEMs in India, with some manufacturers reaching new peaks while others fall short. Analysis for a Layman The article highlights that several Indian passenger vehicle manufacturers,

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SpaceX Launches First Set of Direct-to-Cell Satellites

SpaceX Starlink’s Mobile Connectivity: Layman’s Analysis Source and Citation: Excerpts from ET Bureau Article Published on January 4th, 2024, discussing SpaceX’s launch of pioneering direct-to-cell Starlink satellites with implications for India’s satcom licensing. Analysis for a Layman SpaceX has initiated the deployment of Starlink satellites that offer direct mobile connectivity, eliminating the need for external antennas to

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Isro Arm to Launch Comms Satellite on SpaceX Rocket

ISRO’s Commercial Move: Layman’s Analysis Source and Citation: Excerpts from ET Bureau Article Published on January 4th, 2024, revealing ISRO’s commercial arm NSIL opting for SpaceX over indigenous rockets due to payload constraints. Analysis for a Layman NewSpace India Limited (NSIL), the commercial arm of the Indian Space Research Organisation (ISRO), has chosen SpaceX’s Falcon

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HC Refuses to Stay Release of Vivo Execs

Vivo’s Legal Troubles in India: Layman’s Analysis Source and Citation: Excerpts from ET Bureau Article Published on January 4th, 2024, covering the Delhi High Court’s ruling on the bail release of Vivo India executives amidst money laundering allegations. Analysis for a Layman Vivo, the Chinese smartphone company’s India subsidiary, has been under scrutiny for alleged financial impropriety

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Airtel Loses 1.2 m Users in Oct; Jio Gains

Airtel’s Subscriber Losses: Layman’s Analysis Source and Citation: Excerpts from ET Bureau Article Published on January 4th, 2024, covering Bharti Airtel’s recent subscriber losses and the evolving dynamics in the Indian telecom sector. Analysis for a Layman Bharti Airtel, a major Indian telecom operator, has reported a loss of around 1.2 million mobile subscribers in October

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Torrent Power Signs 4 MoUs with Gujarat to invest ₹47,350 cr

Torrent Power’s Massive Investment Plans in Renewable Energy and Green Hydrogen: Layman’s Analysis Source and Citation: Excerpts from ET Bureau Article Published on January 4th, 2024, covering non-binding MOUs signed by Torrent Power for potential investments of Rs 47,350 crore in renewable power and green hydrogen projects in Gujarat. Analysis for a Layman Torrent Power, a

Torrent Power Signs 4 MoUs with Gujarat to invest ₹47,350 cr Read More »

VinFast to Set Up EV Battery Plant in TN

VinFast’s Plans for Battery Manufacturing in India: Layman’s Analysis Source and Citation: Excerpts from Reuters Article Published on January 4th, 2024, revealing Vietnamese electric vehicle maker VinFast considering a battery manufacturing facility in India. Analysis for a Layman VinFast, a rising Vietnamese electric vehicle (EV) manufacturer, initially known for assembling automobiles, is now contemplating the establishment

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Adani Ports Plans to Raise ₹5kcr via NCDs

Adani Ports’ Fundraising Plans: Layman’s Analysis Source and Citation: Excerpts from ET Bureau Article Published on January 4th, 2024, covering Adani Ports and Special Economic Zone Limited planning further fundraising through non-convertible debentures issuance. Analysis for a Layman Adani Ports, India’s largest private port operator, is considering raising around Rs 5,000 crore (or $600 million) through

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