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PORTFOLIO

MARGIN CALL

FINALE
1.Container corporation of India is going to invest 100,000 crores by 2026 in improving
infrastructure ,rollig stocks , containers and equipments

2. Ashok Leyland debt has become a major cause of concern for investors as of March 2023
Ashok Leyland had ₹268.9b of debt, an increase of ₹250.8b, over one year.However,
because it has a cash reserve of ₹35.6b, its net debt is less, at about ₹233.3b.

3. Westside just announced that it is planning to shutter 50 stores this year, Yahoo Finance
reported on March 31. According to the news outlet, the Indian retailer has about 500
stores in India and the location of its closures have not yet been announced.This has been
done to further focus on eCommerce

4. The net profit of BOROSIL RENEWABLES stood at Rs 1,658 m in FY22, which was up 85.0%
compared to Rs 896 m reported in FY21

5. Paytm Ecommerce, the parent entity of Paytm Mall, said on Monday that two of its early
investors, Alibaba and Ant Group, have exited the company.
6. Bharti Airtel has told the Depart­m­ent of Telecommuni­ca­tions (DoT) that it is facing
serious challenges in network deployment and in enhancing its services owing to the DoT’s
failure to clear its request for additional microwave access carriers for backhaul in various
circles

7. Dalmia sugar sign a 5 years contract to supply sugar to the American coffee chain
Starbucks for its Indian business

8. According to All India Tea Traders Association and Gujarat Tea Traders Association, tea
prices have shot up due to a fall in production and inventory levels, along with healthy
demand for tea but along with it the margins for tea has been reduced by almost 25% for
producers as well as retailers

9. A tussle between KFC and pizza hut operators in india continues as devyani international
grabs contract to open 100 news stores of pizza hut in west region ,beating it’s rival
sapphire foods

10. United States Food and Drug Administration (USFDA) disapproves Zydus Cadila US arm
schizophrenia treatment drug and diabetes medication.
11. Zara is likely to terminate its partnership with its long time partner tata group along
with whom they operate Zara stores in India due to changing financial and business
condition

12. Zydus brand nutralite is under the scanner of fssai as it’s ghee and butter has failed
quality tests at Rudrapur laboratory

13. Paytm is facing torrid times. Paytm Payments Bank, part of the Vijay Shekhar Sharma-
founded financial services group, was recently directed by the Reserve Bank of India (RBI)
to stop on-boarding new customers because of supervisory concerns

14. Hinduja group flagship Ashok Leyland has launched a new all-woman production line at
its Hosur plant. Intended to attract more women to the automobile assembly line, Ashok
Leyland has set up this line with 80 women employees.

15. Tata consumer shuts it’s healthy juice brand fruski due to low demand and tough
competition
16. Pizza hut India launches first ever cloud kitchen in india with ambition to add over 100 more
cloud kitchen in 2 years

17. Dalmia Bharat launches a mega factory in Lucknow to produce single use biodegradable utensils
made from sugarcane waste

18. Bharti Airtel ceases operation in Nigeria sighting legal troubles with the government

19. Paytm has decided to shut its app in Canada effective March 14. A paytm executive said that the
app was not contributing significantly to its overall revenue. “It did not make sense for Paytm to
continue operations of the consumer app in Canada

20. Government launches solar scheme 2023 under which government plans to give subsidies to
around 20 lakh households for installation of solar panels . Also all the solar panels approved
under this scheme have to be made in India

21. Tata Group’s negotiations for a majority stake in Bisleri International have stalled over
valuation. Tata Consumer Products Calls Off Talks With Bisleri For Rs 7,000-Crore Acquisition.

22. Container corporation of India signs a major deal with Indian Railways . Indian railways
provided 14,349 dedicated container wagons to Concor for moving containers at a discounted price.

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