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★ 【ながれ】 「 Night Drinking Crisil 」 ☆ ✔ republished w/permission ⊳ ⊳ follow me on twitter
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By volume, India is the world's second-largest consumer of alcohol, behind China, according IWSR Drinks Market Analysis, a London-based research firm. India consumes more than 663 million litres of alcohol, up 11% from 2017. Five southern states - Andhra Pradesh, Telangana, Tamil Nadu, Karnataka and Kerala - account for more than 45% of all liquor sold in India. Not surprisingly, more than 10% of their revenues come from taxes on liquor sales, according to the research wing of Crisil, a ratings and analytics firm.
Soutik Biswas, ‘Covid-19 booze rush in India as restrictions ease’, BBC
Tenneco Clean Air India IPO Day 2: Rising GMP, subscription status, broker reviews, and key details
https://img.etimg.com/thumb/msid-125290343,width-1200,height-630,imgsize-43307,overlay-etmarkets/articleshow.jpg Tenneco Clean Air India’s Rs 3,600 crore IPO entered its second day of subscription, after being subscribed to 42% on Day 1. The issue received 2.77 crore bids against 6.66 crore shares on offer. The IPO has drawn strong interest in the grey market, with its grey market premium (GMP)…
Silver can shine another 20% after remarkable 70% rally, says Emkay. Here’s why
https://img.etimg.com/thumb/msid-124471981,width-1200,height-630,imgsize-86894,overlay-etmarkets/articleshow.jpg Silver prices could surge to as much as $60 per ounce over the next year, reflecting a potential 20% year-on-year rise, according to Emkay Wealth Management. The wealth and advisory arm of Emkay Global Financial Services said the bullish outlook is driven by robust industrial demand…
VVDN Tech to go for IPO after annualised revenue hits $1 bn, says founder
https://img.etimg.com/thumb/msid-124443016,width-1200,height-630,imgsize-5186,overlay-etmarkets/articleshow.jpg VVDN Technologies’ next round of fundraising will be an initial public offering, which it plans to do after its annualised revenue hits the $1 billion (around Rs 8,800 crore) mark, a top executive at the Indian contract manufacturing firm said. Cofounder Vivek Bansal said the…
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CRISIL is strengthening its global position. The firm will acquire McKinsey’s PriceMetrix and integrate it with Coalition Greenwich to expand wealth management benchmarking and analytics. A significant step that elevates India’s role in global financial services. #CRISIL #Finance #Analytics
Replacement demand to drive tyre sector revenues by 7-8% this fiscal: Crisil
New Delhi (India), July 20 (ANI): India’s tyre sector is set to see steady revenue growth of 7-8 per cent this fiscal, driven by replacement demand that accounts for half of annual sales, even as offtake by original equipment manufacturers (OEMs) will likely be subdued and exports steady, said Crisil Ratings in a report. The report added that the rising premiumisation is expected to give a…
Manufacturers of smart electric meters will see their revenue grow ~20%, akin to fiscal 2025, and touch around Rs 9,000 crore this fiscal.
