By Vaibhav Agrawal The ever-rising carbon footprint will damage the world permanently, and what’s even more concerning is that India stands 3rd on the list of ‘Top 10 Polluting Countries’ after China and the US. The after-effects of pollution can already be felt in the air and our bodies. As we all know, the climate …
Nifty 50 is likely to scale fresh all-time highs of 19,425 in the next twelve months, said analysts at ICICI Direct. Although the April-June quarter earnings were muted for Dalal Street, the recent southward march undertaken by commodity prices is seen to be providing comfort going forward. “The recent cool off in key commodity prices …
Diesel demand in India fell for the second month in a row as the onset of monsoon chipped away consumption in key sectors like agriculture, preliminary industry data showed Tuesday. Petrol and diesel demand had fallen month-on-month in July. While petrol consumption is almost flat in the first half of August, diesel – the most …
IT major Tata Consultancy Services (TCS) has received a notice from the Maharashtra state government’s deputy labour commissioner’s office in Pune over the delay in onboarding of lateral recruits. The company’s management representatives have been called for a meeting on November 2 to resolve the issue. The labour office was responding to complaints filed by …
KECI’s Q1FY23 Ebitda margin was lower than our estimate; working capital rise and losses led to higher debt levels. However, we expect profitability to improve in H2FY23F on lower commodity prices and completion of legacy loss-making Brazil projects. EBITDA margin to improve from H2FY23F onwards, reaching ~10% in Q4FY23F: Commodity prices (in particular steel) have …
US stocks retreated after weak economic data, with traders awaiting more clarity on the Federal Reserve’s monetary policy path from the annual central bankers’ symposium later this week. The S&P 500 saw its third straight drop after swinging between gains and losses throughout the session. Trading volume was among the lowest in 2022. Treasury 10-year …
Capital markets regulator Sebi on Friday decided to provide one more settlement opportunity to the entities who were involved in reversal trades in the stock options segment on BSE in 2014 and 2015.The settlement scheme will commence on August 22 and end on November 21, the Securities and Exchange Board of India (Sebi) said in …
As anticipation mounts for the upcoming Jawad Constituency Election in Madhya Pradesh, voters are eagerly awaiting the big battle that kicks off with the announcement of key dates by the Election Commission of India. Here, we provide you with essential details about the Jawad Constituency Assembly Election 2023 that every voter should be aware of. …
Aditya Birla Group’s house of brands business TMRW has invested Rs 155 crore in D2C brand The Indian Garage Co (TIGC). The fresh funds will be utilised to grow across D2C, offline and other channels, it said in a statement. The casual wear brand claims to hold the leadership position in the market, with a …
LIC has diluted its stake in Nagpur Power & Industries by over 2 per cent through open market sales, bringing down its stake to 8.33 per cent. The government-owned life insurance behemoth in a regulatory filing on Thursday said its shareholding in Nagpur Power & Industries has diluted from 10.56 per cent (13,82,743 shares) to …