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July 28, 2023 11:10 AM IST Measures taken by the government recently will remove some impediments holding back investment in exploration and production. Pricing and marketing of produce also need to be unshackled
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July 28, 2023 11:09 AM IST Noida-based hospital chain Yatharth Hospital & Trauma Care Services intends to raise Rs 686.55 crore via maiden public issue, at upper end of price band of Rs 285-300 per share.
- July 28, 2023 11:07 AM IST
Most of the Cement players have more or less reported inline set of numbers, barring ACC – which has managed to surpass the expectation. Signs of cooling power & fuel cost and pick up demand has played out during the quarter ended June 30, 2023. But the key question to be asked - have petcoke/ thermal coal price bottomed out. Would the lower energy price be passed on via lower cement prices.
Catch @onlynickey in conversation with Nirav R Karkera (Head - Research, Fisdom) as they discuss the performance of top cement players which have reported their earnings thus far.
- July 28, 2023 11:19 AM IST
In the quarter under review, the company also reported a 9.5 percent YoY rise in its revenue from operations at Rs 515.2 crore for Q1FY24 as compared to Rs 470.6 crore in Q1FY23.
- July 28, 2023 11:04 AM IST
Jain said Indian Bank was open to lending to airline companies.
- July 28, 2023 11:01 AM IST
The earnings before interest, taxes, depreciation and amortization (EBITDA) grew by 10.6 percent YoY at Rs 74.1 crore as against Rs 67 crore. However, the EBITDA margin witnessed contraction at 15.9 percent in Q1 FY24 against 17.8 percent in the same period previous year.
- July 28, 2023 11:00 AM IST
PM Narendra Modi inaugurates SemiconIndia 2023 at Mahatma Mandir in Gandhinagar. He also addresses the gathering on the occasion. The theme of the Conference is ‘Catalysing India’s Semiconductor Ecosystem’. Watch Live!
- July 28, 2023 10:59 AM IST
Option writing has a profitable edge on account of time decay (Theta). It is possible to target a 1 percent return a week, anything more than that would be risky, given the small room for winning an options writer has
- July 28, 2023 10:58 AM IST
Shriram Finance cut its bank borrowings from 25.87 percent of total borrowings in Q1FY23 to 24.31 percent in the April-June quarter of the current financial year
- July 28, 2023 10:57 AM IST
The underwater vehicle has been designed to operate in autonomously manner and its design enables it to carry out a variety of roles depending on the payload, the company has said
- July 28, 2023 11:00 AM IST
A dissent note has also been prepared by a member criticising the sweeping powers the Digital Personal Data Protection (DPDP) Bill gives to the government and its agencies.
- July 28, 2023 10:39 AM IST
The Bloomberg Subdial Watch Index fell 1.4% in a month and is now down 16% over the past year.
- July 28, 2023 10:37 AM IST
If only the union’s member states and parliament would approve it
- July 28, 2023 10:37 AM IST
With travel picking up, government efforts to boost connectivity as well as India hosting key international events, demand momentum should remain strong. IHCL expects the uptick in average room rates to continue.
- July 28, 2023 10:57 AM IST
Kering's recent announcement of the deal to acquire a 30 per cent share in Valentino has raised eyebrows among investors, especially due to the hefty valuation of Valentino at over 5 billion euros.
- July 28, 2023 10:33 AM IST
Addressing the G20 Environment and Climate Sustainability Ministerial Meeting here via video conferencing, the Prime Minister said he was proud to say that India has led the way through its ambitious "Nationally Determined Contributions."
- July 28, 2023 10:30 AM IST
The company sold some 4.9 million vehicles globally in the six months through June, including of its luxury Lexus brand, compared with about 4.7 million vehicles during the same period in 2022.
- July 28, 2023 10:29 AM IST
The conversation with the government has shifted from implementing a possible ban on crypto to it being at least partially regulated, Singhal said.
- July 28, 2023 10:29 AM IST
Operating margin shrunk to 15.40 percent from 20.66 percent a year ago, weighed by a surge in other expenses and higher depreciation and amortisation expenses.
- July 28, 2023 10:42 AM IST
Post-merger synergies drive healthy asset growth. Margin dipped, but return ratios beat guidance
- July 28, 2023 10:25 AM IST
Core categories, like tea and salt, should grow in a sustainable manner for further re-rating
- July 28, 2023 10:24 AM IST
The airline, also known as Go First, had in May sought an emergency arbitration to prevent it from going out of business and blamed Raytheon Technologies-owned engine maker for its financial woes and bankruptcy filing.
- July 28, 2023 10:23 AM IST
ICICI Direct, Rupee is expected to depreciate today amid strong rebound in dollar. Better than expected US advance GDP numbers and resilient labor market has increased the probability of rate hike scenario in US.
- July 28, 2023 10:22 AM IST
Nestle India's beverage portfolio reported a double-digit growth which was carried by greater household penetration in Nescafe Classic, Nescafe Sunrise, and Nescafe Gold. The milk and milk products portfolio also registered double-digit growth despite high inflation in milk
- July 28, 2023 10:18 AM IST
Nirma has indicated that it will make large acquisitions in the domestic or overseas market to the tune of Rs 5,000-7,000 crore as part of its diversification plan.
