Orient Electric Limited informed that CARE Ratings Limited upgraded the rating for its Long- term/Short- term bank facilities from ‘CARE AA-/CARE A1+’ to “CARE AA /CARE A1+. The outl...
Piramal Enterprises Limited informed that the rating agency CARE Limited has reaffirmed the ratings assigned to the company’s bank facilities. CARE has reaffirmed the long-term rat...
Aiwa India, a consumer electronics company, said on Wednesday (05-07-2022) that it expects to generate Rs 8,000 crore in sales over the next 4–5 years and that it will initially invest roughl...
Aurobindo Pharma Limited has announce that its wholly owned subsidiary company, Eugia Pharma Specialities Limited, has received a final approval from the US Food & Drug Administration ...
Small businesses will find it easier to comply with the law as a result of the government's notification of some procedural modifications to the GST laws, particularly those relating to the thr...
National Highways Authority of India is seeking to raise up to Rs4,000 crore for its Infrastructure Investment Trust (InvIT), which is expected to speed up road asset acquisition by forming a n...
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...
Analysts at IIFL Securities cite their conservative assumptions for oil/GRMs as the key reason for this. The decision to levy excise duty, however, supports the argument that earnings visibility for the sector remains poor and sensitive to such policies.
Analysts at IIFL Securities visited the BDD chawl redevelopment project at Worli, the largest residential construction project in India, and met the contractors consortium to assess the progress on the project and its effect on the Mumbai real-estate market.
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.