Page 2 - Cash Flow

Tata Motors expects JLR's cash flow to quadruple to $2.50 bn this fiscal

India's Tata Motors Ltd expects its luxury car group, JLR free cash flow to nearly quadruple to top $2.50 billion this fiscal, and the automaker also declared its first dividend in nearly seven years

OYO turns cash flow positive for first time in March quarter: Reports

Hospitality tech firm OYO turned cash flow positive for the first time in the fourth quarter of FY2023. The company's Founder & Group CEO Ritesh Agarwal shared the update with OYO employees addressing a townhall virtually on Thursday, sources told PTI. The company is anticipated to end the quarter with nearly Rs 90 crore surplus cash flow, sources said, attributing the increase in bookings across all key geographies, especially in the Europe homes business that is witnessing unprecedented advance bookings both for the upcoming summer season peak and the relatively off-season period from November to March. The company's last reported treasury or cash corpus on the balance sheet is around Rs 2,700 crore. In a presentation shared in the townhall, Agarwal informed that OYO is expected to clock adjusted EBITDA of nearly Rs 800 crore for FY2024. In March, OYO refiled its Draft Red Herring Prospectus (DRHP) with the stock markets regulator Sebi under the recently introduced pre-filing ..

Stable cash flows to aid Adani Group's debt commitments: Rating firms

Ind-Ra said there is no immediate impact on the ratings of Adani Group entities, following the recent short-selling report

Vistara cash flow sufficient, won't need fund infusion for 6 months: CEO

Tata-Singapore Airlines joint venture made its first net profit in December-end quarter

Higher demand drives record quarterly bookings for realty majors

Higher sales, improving cash flows are expected to drive further debt reduction for the sector

Gains in UPL hinge on reduction of debt, improved cash flow generation

Higher demand to keep revenue growth strong in the second half of FY23

Infosys shares drop 2.6% despite buyback proposal, end at Rs 1,425

The stock underperformed both the Nifty and the Nifty IT index, which fell 1.5% and 2%, respectively

Uber turns cash flow positive for the first time in Q2, shares surge

Uber generated free cash flow of $382 mn in second quarter, topping analysts' expectations of $263.2 mn, as trips exceeded pre-pandemic levels, boosted by reopening of offices, travel demand surge

DLF cuts net debt by 16% sequentially to Rs 2,259 cr in Q1 on strong sales

It asserted that the completed inventory and receivables from customers against sold units would be sufficient to discharge all current liabilities

UBS upgrades RIL scrip to Buy from Neutral, sees up to 30% upside in a year

According to UBS, the key among Reliance Industries' stock price performance drivers are new investment opportunities to deploy large cash flows profitably.

Cash flood, not green dreams, leads to slump in oil bond sales

The slump in fossil-fuel issuance isn't necessarily a sign bankers have woken up to the seriousness of climate change

Investors dump stocks, move to cash as growth outlook weakens: BoFA

Cash levels among investors rose to nearly 6% while allocations to commodities soared to a record 33%.

Indian economy likely to remain cash-dependent for many years to come

After growing at over 20 per cent for most of 2020, currency in circulation growth fell to 8.5 per cent as of October 29 this year, shows RBI data

Growth in currency in circulation halves to 10% post-second wave

It is too early to say if people have overcome their fears leading to cash hoarding, but the trend, if it sustains, is encouraging

General Electric expects negative cash flow in Q1 2021 - CEO Larry Culp

Culp said the first three months of the year tends to be the industrial conglomerate's "softest" quarter

ECLGS 2.0 'more than enough' to stabilise covid-hit firms: CRISIL

The KV Kamath committee to finalise financial parameters for restructuring of companies hit by the pandemic had identified 26 sectors.

Zero cash flows during Corona time spark fire sale of India Inc's assets

Not just mid- and small-sized firms, even big ones will either sell group companies or stakes in their listed entities to tide over crisis; more sell-offs seen in coming months

SC directive is a big relief for stressed firms with cash flow issues

Cash flows of airlines, hotels, SSIs yet to recover

Steady cash flow more crucial for Indian firms than access to tech: HSBC

India stood second behind Malaysia (at 42 per cent) where maintaining cash flow has been considered by businesses as a key barrier to building resilience, it said

Will speak to banks to facilitate cash flow amid lockdown: FM Sitharaman

The Finance Minister appreciated the service banks correspondents across the country and said that she will talk to states and request for no restrictions in their movements