Contrary to initial expectations, the Butterfly acquisition is unlikely to boost earnings per share in FY24. As of now, Butterfly remains a work in progress. Well established in southern India, efforts are underway to expand its presence nationwide. Additionally, there are plans to leverage Butterfly's manufacturing facilities for Crompton's products, such as mixers, which are currently produced by external suppliers.
Diese Geschichte stammt aus der February 20, 2024-Ausgabe von Mint Mumbai.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der February 20, 2024-Ausgabe von Mint Mumbai.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Lilly Cuts Price of Zepbound Vials to Battle Cheaper Copycats
Eli Lilly & Co. is ramping up the fight against cheaper, copycat versions of Zepbound by lowering prices for a version of its blockbuster obesity drug.
Sebi Moves to Tighten Derivative Market Rules
The new proposals follow changes announced in October, where Sebi issued curbs on derivative trading
Reel revolution: How micro-dramas are redefining entertainment
Industry experts point out that the boundaries between long-and short-form storytelling are blurring
Tata Capital Gears Up for Mega IPO
Tata Capital Ltd said it's planning to go public in what may be one of India's largest initial public offerings of the year.
DeepSeek Reopens Access to AI Model as China Rivalry Escalates
DeepSeek has reopened access to its core programming interface after nearly a three-week suspension, resuming a service key to wider adoption of an artificial intelligence (AI) model that's proven remarkably popular since its emergence last month.
Karnataka ordinance does what microlenders feared
Collection efficiency of NBFC MFIs has fallen below 90% in northern districts of Karnataka
India's Top Companies Pledge to Invest Over ₹2 Trillion in Assam
Reliance said that it plans to make Assam a hub of clean and green energy, including nuclear energy
Google Loses Fight on Android Auto Access
Alphabet unit Google's refusal to allow an e-mobility app developed by Enel access to its Android Auto platform can be considered an abuse of its market power, Europe's top court said on Tuesday as it sided with Italy's antitrust authority.
Larisa eyes small cities after merger with AM Hotel
The company will operate under three distinct brands—Larisa Hotels, AM Hotel Kollection and 8Fold Hotel
Musk begins testing his Starlink terminals in US airspace system
Elon Musk's SpaceX is seeking to deploy Starlink satellite internet terminals to help accelerate an upgrade of the information technology networks that support the US Federal Aviation Administration's (FAA) national airspace system, according to people familiar with the matter.
