margin

Ola has published a detailed blog on their website, putting up a spirited defence of their approach to engineering, testing and actions taken regarding the reported suspensions falures of some Ola S1 electric scooters. Ola also published a video detailing the safety testing and engineering of the S1 Pro electric scooter. Also read: 10 DC Design cars & how they look in the REAL world: Maruti Swift to Mahindra XUV500 Some salient points in the blog post are as follows: Ola Electric says that the scooter was already…

Spencer Platt | Getty Images News | Getty ImagesGerman automaker BMW on Wednesday set out targets to slightly increase margins for its automotive segment and raise deliveries this year, as it pushes ahead with the rollout of its electric fleet.The company said it expects an EBIT (earnings before interest and taxes) margin of between 8-10% for its automotive range in 2023, with deliveries set to rise slightly from 2022 and "selling prices remaining at a stable level." It forecasts the used car market will normalize this…

Gautam Adani, who saw $100 billion rout in shares of his listed firms, says his conglomerate has "impeccable track record" of fulfilling debt obligations. Meanwhile, Citigroup stops accepting securities of his firms as collateral for margin loans. School-dropout-turned-billionaire has lost his title of Asia's…

India’s top IT service providers Tata Consultancy Services (TCS), Infosys, HCLTech and Wipro will face margin pressure this year in the absence of significant pricing improvement, analysts said, despite lower attrition rates and employee costs going forward. These software exporters have reported sequential margin growth in the third quarter, with upbeat commentary on near-term margin performance. There is headroom to improve utilisation and automation to increase the effective price of delivery or realisation, they have…

Billionaire Elon Musk is warning against something he himself has done — borrowing against the value of securities one owns — because of the risk of “mass panic” in the stock market. Billionaire Elon Musk is warning against something he himself has done — borrowing against the value of securities one owns — because of the risk of “mass panic” in the stock market. “I would really advise people not to have margin debt in a volatile stock market and you know, from a cash standpoint, keep powder dry,” Musk said in the…

The digital assets market is a volatile sector where investors are always at risk of losing their funds. Within crypto trading practices, some trends are riskier than others, such as purchasing an NFT in a spur-of-the-moment decision. One such practice is called ‘margin' or 'leverage' trading of crypto assets. Prevalent for a while now, the term made it to the headlines recently after the Canadian government decided to levy a ban on margin trading being offered as a service to Canadian residents by local as well as…

Last updated: December 12th, 2022 at 15:11 UTC+01:00 An independent teardown of the Galaxy Z Fold 4 suggests that the foldable phone’s bill of materials comes in at around $670. In terms of profit margin, the Galaxy Z Fold 4 falls between the iPhone 14 Pro Max and another foldable phone developed by a Chinese OEM. Namely Huawei. The estimated cost of the Galaxy Z Fold 4 components is around 38% of the sales price. In contrast, the part cost to retail price ratio for the Huawei Mate Xs is roughly 30%, meaning that…

Tesla Chief Executive Elon Musk said it was "generally wise" to avoid using margin loans on any company. Tesla Chief Executive Elon Musk said it was "generally wise" to avoid using margin loans on any company when there are macroeconomic risks involved, in response to a question on Twitter about the electric-vehicle maker's stock performance. "When there are macroeconomic risks, it is generally wise to avoid using margin loans on any company, as stocks may move in ways that are decoupled from their long-term…

Elon Musk’s bankers are considering Tesla (TSLA) stock-backed margin loans to support Twitter, which is under heavy interest expenses. Stock-backed margin loans are a popular way for billionaires whose money is tied up in stocks to get some cash. You can be worth $100 billion on paper, but if all that money is tied up in a stock, like Tesla, it doesn’t mean that you have cash to spend. For those people, banks can offer loans backed by their stocks. If the stocks go down to a predetermined…

U.S. Rep. Karen Bass’ already substantial lead in the Los Angeles mayor’s race got even larger Tuesday, with the longtime Washington lawmaker pulling more than 5% ahead of businessman Rick Caruso, one week after election day.The results marked the fifth straight updated vote totals in which Bass has gained ground on Caruso, a trend that most election observers have said seems all but certain to make Bass the first woman elected mayor in Los Angeles.Bass now holds a 52.55%-47.45% lead — a 36,349-vote margin — according to…