Nykd by Nykaa (FSN E-commerce) has partnered with a popular voice of reason, the uninhibited Bhumi Pednekar to launch its new campaign. Bhumi, who is well-known for using her voice and in...
Vedanta Limited, a mining major, has locked a direct deal with the Life Insurance Corporation of India (LIC) to raise Rs4,809 crore through its 10-year bonds. "It's a structured...
Star Home Finance Limited, a BSE listed rural focused housing financing company has announced that it intends to penetrate deeper into existing geographies as part of its expansion strategy to ...
In the first hour of trading on Wednesday (29-06-2022), the rupee lost 11 paisas, falling to a new low of 78.96 versus the US dollar. This decline was caused by an ongoing capital flight from I...
The government declared on Tuesday (28-06-2022) that 15 businesses, with committed investments totaling Rs 1,368 crore, have been provisionally selected as recipients under the production-linke...
The Central Board of Direct Taxes said on Tuesday (28-06-2022) that both the buyer and the seller would be required to withhold taxes on transactions involving the exchange of one virtual asset...
Adani Ports and Special Economic Zone Limited is an India-based integrated ports and logistics company. The Company is primarily engaged in developing, operating and maintaining the ports services, ports-related infrastructure development activities and development...
NIFTY50 Semi-Annual Review-September-2022 Potentials
If Brent holds ~US$110/bbl, upstream companies will see ~90% YoY growth in FY23 estimated Profit After Tax (PAT), while downstream will likely report significant losses, given under-recovery on auto fuels.
Analysts at IIFL Securities studied commentary of major companies (sector-wise) from recent calls/ analyst meets, to ascertain the impact of current inflationary conditions and the resultant monetary tightening on demand, input costs and growth outlook.
The inability of low-ARPU subscribers to recharge their balance amid rising inflationary pressure may explain the fall in VLR adds, though one months data is insufficient to draw an inference.