Monday, April 1, 2024

What kind of returns should investors expect from Indian equities in FY25?

What kind of returns should investors expect from Indian equities in FY25? The key events that will shape the market trend are the outcomes of the Indian and the US elections, along with the stance of global central banks

from Moneycontrol Business News https://ift.tt/uAFXhVG

The lessons brands ought to learn from Zomato’s ‘green’ gaffe

The lessons brands ought to learn from Zomato’s ‘green’ gaffe Zomato’s decision was insensitive about the notions of caste and segregation often associated with food choices in India

from Moneycontrol Business News https://www.moneycontrol.com/news/business/the-lessons-brands-ought-to-learnzomato’s-‘green’-gaffe_17511371.html

Sunday, March 31, 2024

NTPC coal despatch rises 55%, output grows nearly 50% in FY24

NTPC coal despatch rises 55%, output grows nearly 50% in FY24 The company despatched 34.15 MMT coal, while coal production stood at 34.38 MMT with a growth of nearly 50 per cent by the end of March 31, 2024, the company said in a statement.

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Friday, March 29, 2024

Best Agrolife acquires 100% stake in Sudarshan Farm Chemicals for Rs 139 crore

Best Agrolife acquires 100% stake in Sudarshan Farm Chemicals for Rs 139 crore The acquisition will enable BAL to leverage SFCL#39;s proficiency in developing cost-effective and distinctive manufacturing routes for off-patent molecules, it said.

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Akasa Air commences international operations

Akasa Air commences international operations In a statement on Thursday, the airline said it has been granted traffic rights for three other international destinations -- Kuwait, Jeddah, and Riyadh.

from Moneycontrol Business News https://ift.tt/IzreLgs

Thursday, March 28, 2024

Canara Bank to dilute 13% stake in Canara Robeco Asset Management through IPO

Canara Bank to dilute 13% stake in Canara Robeco Asset Management through IPO Canara Robeco Asset Management Company will be the fifth listed mutual fund house if it gets listed on the bourses.

from Moneycontrol Business News https://ift.tt/NGqMYBQ

IHCL set to accelerate supply with over 90 new properties in pipeline

IHCL set to accelerate supply with over 90 new properties in pipeline In FY24, the company had another year of accelerated portfolio expansion with 52 signings and 34 openings and achieved a portfolio of over 300 hotels, ahead of its market guidance under Ahvaan 2025, Indian Hotels Company Ltd (IHCL) said in a statement.

from Moneycontrol Business News https://ift.tt/oFfOX0p

Wednesday, March 27, 2024

Kalpataru Projects International, arms bag orders worth Rs 2,071 crore

Kalpataru Projects International, arms bag orders worth Rs 2,071 crore The new orders include orders in the Transmission Distribution (TD) business in overseas markets, the statement said.

from Moneycontrol Business News https://ift.tt/nCBAfXT

Karur Vysya Bank — Is more steam left in the rally?

Karur Vysya Bank — Is more steam left in the rally? Deposits to dictate loan growth, going forward

from Moneycontrol Business News https://www.moneycontrol.com/news/business/karur-vysya-bank-—-is-more-steam-leftthe-rally_17508471.html

Reliance Power#39;s 2 subsidiaries settle Rs 1,023 crore debt

Reliance Power#39;s 2 subsidiaries settle Rs 1,023 crore debt Reliance Power Ltd#39;s two subsidiaries -- Kalai Power Pvt Ltd and Reliance Cleangen Ltd, have signed a debt settlement and discharge agreement with Reliance Commercial Finance Ltd (RCFL), a wholly-owned subsidiary of Authum Investment Infrastructure Limited, a regulatory filing said.

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Tuesday, March 26, 2024

Indiabulls Housing Finance accepts bids for dollar bonds, bankers say

Indiabulls Housing Finance accepts bids for dollar bonds, bankers say The non-banking finance company will pay a coupon of 9.70% to investors, lower than the initial guidance of 9.95%, the bankers said.

from Moneycontrol Business News https://ift.tt/v9RbHdM

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...