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Adani Group Touts Financial Muscle, Shows Can Grow Without External Debt
Billionaire Gautam Adani's conglomerate on Monday touted the financial and credit details of its portfolio companies to investors, showcasing its robust profits and cash flows that can sustain growth without reliance on external debt.
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SpaceX's Starlink Achieves Cash-Flow Breakeven, Says Elon Musk
SpaceX CEO Elon Musk said on Thursday the rocket company's satellite internet unit, Starlink, had achieved cash flow breakeven.
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Elon Musk Says He Intends to Rebrand Twitter, Blue Bird Logo to Be Replaced by an X
Twitter owner Elon Musk on Sunday signalled he would do more to take the social media company in a new direction with a rebranding that will replace its well-known blue bird logo with an X after acknowledging advertisers have been slow to return.
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Paytm Expects to Generate Free Cash Flow by Year-End: CEO Vijay Shekhar Sharma
Fintech firm One97 Communications, which operates under the Paytm brand, expects to generate free cash flow by the end of this year, a top company official said on Saturday. Paytm founder and CEO Vijay Shekhar Sharma, in an earnings call, said that growth for the company in the June 2023 quarter came on account of expansion in payments, financial ...
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Elon Musk Admits Twitter Lost 50% Of Ad Revenue, Says Cash Flow Still Negative
Twitter owner Elon Musk said the company still has a negative cash flow because of its heavy debt load and a roughly 50% drop in advertising revenue.
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Twitter Cash Flow Still Negative Because of 50 Percent Drop in Ad Revenue, Heavy Debt: Elon Musk
Twitter's cash flow remains negative because of a nearly 50 percent drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday, falling short of his expectation in March that Twitter could reach cash flow positive by June.
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Twitter's Cash Flow Still Negative As Ad Revenue Drops 50%, Says Elon Musk
Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday.
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Online Gaming Companies Say 28 Percent GST Will Limit Their Business, Lead to Lakhs of Job Losses
Online gaming companies on Tuesday said that levying of 28 percent GST will limit their ability to invest in new games, impacting cash flows as well as business expansion. The All India Gaming Federation (AIGF), which represents companies like Nazara, GamesKraft, Zupee and Winzo, said the decision by the council is unconstitutional, irrational, and...
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28% GST Decision "Will Wipe Out Entire Industry": Online Gaming Firms
Online gaming companies on Tuesday said that levying of 28 per cent GST will limit their ability to invest in new games, impact cash flows as well as business expansion.
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Government Attempting To Link TCS With TDS: Chief Economic Advisor
The government is attempting to link tax collected at source for payments made by individuals with tax deducted from their income sources, a move that will help in ensuring cash flows of the individual taxpayers are not impacted, according to a senior official.
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Karnataka Elections: Andhra Installs 45 Checkposts To Stop Liquor, Cash Flow
The Andhra Pradesh government has set up 45 integrated checkposts in its districts bordering Karnataka to rein in the flow of illegal liquor, cash and other inducements to the poll-bound state, Chief Secretary K S Jawahar Reddy said on Monday.
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India, UK Discuss Crypto Assets; Focus on Robust Approach to Handling Risks and Vulnerabilities
India and the UK discussed international developments regarding crypto assets at the India-UK 2nd Financial Markets Dialogue t the India-UK 2nd Financial Markets Dialogue on Wednesday. Both countries' participants at the dialogue provided updates on recent developments in their respective banking sectors. They also discussed banking trends and emer...
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Balance Sheet Of Companies "Very Healthy", Says Adani Group
Adani Group companies "have strong cash flows, and our business plan is fully funded," a group spokesperson told Reuters, responding to a media report that the group halved its revenue growth target and plans to scale down fresh capital expenditure.
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Paytm Registers Incentive Worth Rs. 130 Crore From UPI Transactions in 3 Quarters
One97 Communications, which operates under the Paytm brand, expects to sustain operational profit growth, company's founder and CEO Vijay Shekhar Sharma said on Monday. The company has calculated an incentive of Rs. 130 crore from UPI transactions in three quarters but Sharma said that the incentive may technically make the fourth quarter a free ca...
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Fitch Says No Immediate Impact On Adani Ratings Following Short-Seller Report
Ratings agency Fitch added that it expected no material changes to Adani Group's cash flow forecast.
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Adani Group Touts Financial Muscle, Shows Can Grow Without External Debt
Billionaire Gautam Adani's conglomerate on Monday touted the financial and credit details of its portfolio companies to investors, showcasing its robust profits and cash flows that can sustain growth without reliance on external debt.
-
SpaceX's Starlink Achieves Cash-Flow Breakeven, Says Elon Musk
SpaceX CEO Elon Musk said on Thursday the rocket company's satellite internet unit, Starlink, had achieved cash flow breakeven.
-
Elon Musk Says He Intends to Rebrand Twitter, Blue Bird Logo to Be Replaced by an X
Twitter owner Elon Musk on Sunday signalled he would do more to take the social media company in a new direction with a rebranding that will replace its well-known blue bird logo with an X after acknowledging advertisers have been slow to return.
-
Paytm Expects to Generate Free Cash Flow by Year-End: CEO Vijay Shekhar Sharma
Fintech firm One97 Communications, which operates under the Paytm brand, expects to generate free cash flow by the end of this year, a top company official said on Saturday. Paytm founder and CEO Vijay Shekhar Sharma, in an earnings call, said that growth for the company in the June 2023 quarter came on account of expansion in payments, financial ...
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Elon Musk Admits Twitter Lost 50% Of Ad Revenue, Says Cash Flow Still Negative
Twitter owner Elon Musk said the company still has a negative cash flow because of its heavy debt load and a roughly 50% drop in advertising revenue.
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Twitter Cash Flow Still Negative Because of 50 Percent Drop in Ad Revenue, Heavy Debt: Elon Musk
Twitter's cash flow remains negative because of a nearly 50 percent drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday, falling short of his expectation in March that Twitter could reach cash flow positive by June.
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Twitter's Cash Flow Still Negative As Ad Revenue Drops 50%, Says Elon Musk
Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday.
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Online Gaming Companies Say 28 Percent GST Will Limit Their Business, Lead to Lakhs of Job Losses
Online gaming companies on Tuesday said that levying of 28 percent GST will limit their ability to invest in new games, impacting cash flows as well as business expansion. The All India Gaming Federation (AIGF), which represents companies like Nazara, GamesKraft, Zupee and Winzo, said the decision by the council is unconstitutional, irrational, and...
-
28% GST Decision "Will Wipe Out Entire Industry": Online Gaming Firms
Online gaming companies on Tuesday said that levying of 28 per cent GST will limit their ability to invest in new games, impact cash flows as well as business expansion.
-
Government Attempting To Link TCS With TDS: Chief Economic Advisor
The government is attempting to link tax collected at source for payments made by individuals with tax deducted from their income sources, a move that will help in ensuring cash flows of the individual taxpayers are not impacted, according to a senior official.
-
Karnataka Elections: Andhra Installs 45 Checkposts To Stop Liquor, Cash Flow
The Andhra Pradesh government has set up 45 integrated checkposts in its districts bordering Karnataka to rein in the flow of illegal liquor, cash and other inducements to the poll-bound state, Chief Secretary K S Jawahar Reddy said on Monday.
-
India, UK Discuss Crypto Assets; Focus on Robust Approach to Handling Risks and Vulnerabilities
India and the UK discussed international developments regarding crypto assets at the India-UK 2nd Financial Markets Dialogue t the India-UK 2nd Financial Markets Dialogue on Wednesday. Both countries' participants at the dialogue provided updates on recent developments in their respective banking sectors. They also discussed banking trends and emer...
-
Balance Sheet Of Companies "Very Healthy", Says Adani Group
Adani Group companies "have strong cash flows, and our business plan is fully funded," a group spokesperson told Reuters, responding to a media report that the group halved its revenue growth target and plans to scale down fresh capital expenditure.
-
Paytm Registers Incentive Worth Rs. 130 Crore From UPI Transactions in 3 Quarters
One97 Communications, which operates under the Paytm brand, expects to sustain operational profit growth, company's founder and CEO Vijay Shekhar Sharma said on Monday. The company has calculated an incentive of Rs. 130 crore from UPI transactions in three quarters but Sharma said that the incentive may technically make the fourth quarter a free ca...
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Fitch Says No Immediate Impact On Adani Ratings Following Short-Seller Report
Ratings agency Fitch added that it expected no material changes to Adani Group's cash flow forecast.
