Welspun Corp Limited informed that in its meeting held on June 27, 2022, it has appointed Arun Todarwal as the Lead Independent Director, Chairman of the Audit Committee, Nomination and Re...
Indian spirits manufacturer Allied Blenders and Distillers has filed its Draft Red Herring Prospectus (DRHP) with the markets regulator, Securities and Exchange Board of India (SEBI), to raise ...
Infosys, a global leader in next-generation digital services and consulting, has announced that it has been selected by Australian express logistics business, Global Express, to separate the te...
Hindustan Aeronautics Limited has informed that the Board of Directors in its meeting held today, recommended a final dividend of Rs10 per equity share (100%) of Rs10 each fully paid up fo...
Bank of Baroda, a public sector lender, said on Monday that it will issue long-term infrastructure bonds to generate Rs 5,000 crore. With its headquarters in Vadodara, the Bank of Baroda ...
Bharat Heavy Electricals Limited (BHEL) has informed that India Ratings & Research has reviewed and reaffirmed the ratings of company’s bank facilities. The rating agency has r...
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.