Wednesday, October 4, 2023

Specialty steel maker Goodluck India to raise Rs 96 crore

Specialty steel maker Goodluck India to raise Rs 96 crore In a regulatory filing, the company also informed incorporating wholly-owned subsidiary Goodluck Defence and Aerospace Pvt Ltd to carry on the business in the defence sector.

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LT bags #39;significant#39; order from West Bengal Power Development Corporation

LT bags #39;significant#39; order from West Bengal Power Development Corporation The company did not provide value of the contracts but said the orders fall under "significant" category, which ranges between Rs 1,000 crore and Rs 2,500 crore, as per its classification of contracts.

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Commodity Market: Hawkish Federal Reserve lifts dollar to 7-month high

Commodity Market: Hawkish Federal Reserve lifts dollar to 7-month high Saudi Arabia is expected to raise its November official selling price of Arab Light crude to Asia for a fifth straight month, according to a Reuters survey.

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Tuesday, October 3, 2023

Vivek Wadhwa’s new venture aims to use breath to detect cancer

Vivek Wadhwa’s new venture aims to use breath to detect cancer Wadhwa’s career as a public commentator won both him fame and notoriety. In a series of opinion columns in the Washington Post in the 2010s he had a habit of taking positions that rankled the Silicon Valley establishment.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/vivek-wadhwa’s-new-venture-aims-to-use-breath-to-detect-cancer_17258501.html

Vedanta split unlikely to help parent#39;s near-term debt crisis: Analysts

Vedanta split unlikely to help parent#39;s near-term debt crisis: Analysts The billionaire Anil Agarwal-led company on Friday reversed an earlier strategy of taking the entire company private, saying it will, instead, spin off into various commodity-focused companies looking to shore up financials after a string of poor results.

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NCC bags 3 orders worth Rs 4,206 crore

NCC bags 3 orders worth Rs 4,206 crore Of the said contracts, one order of Rs 819.20 crore is related to the water division, another order of Rs 173.19 crore is related to the electrical division and third order of Rs 3,213.55 crore is related to the transportation division, the company said in a regulatory filing.

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Ashok Leyland September sales up 9% at 19,202 units

Ashok Leyland September sales up 9% at 19,202 units The company had sold a total of 17,549 units in September 2022, Ashok Leyland said in a statement.

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Monday, October 2, 2023

Bajaj Auto September sales down 1% at 3,92,558 units

Bajaj Auto September sales down 1% at 3,92,558 units The company had sold total 3,94,747 units in September 2022, Bajaj Auto said in a regulatory filing.

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Is Q2 going to be another quarter of disappointment for Indian IT players?

Is Q2 going to be another quarter of disappointment for Indian IT players? Macro uncertainty would continue to impact performance of most large IT service players

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Sangam India eyes close to Rs 4,000 crore revenue by FY25

Sangam India eyes close to Rs 4,000 crore revenue by FY25 "We recorded Rs 2,730 crore revenue in FY23, and this financial year we are expecting to touch Rs 3,000 crore. With our capacity expansion in various product categories, we are targeting close to Rs 4,000 crore revenue by 2024-25," Sangam India Managing Director and CEO S N Modani told

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Sunday, October 1, 2023

Commercial LPG prices hiked by Rs 209 per cylinder, ATF hiked by 5%

Commercial LPG prices hiked by Rs 209 per cylinder, ATF hiked by 5% The new prices will be in effect from October 1, according to a report by ET Now.

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LTIMindtree Q4 Preview: Lower pass-through revenue seen impacting growth marginally

A compilation of estimates suggests the company#39;s Q4 FY24 net profit is projected to decline by 2.2 percent quarter on quarter to Rs 1,1...