According to media reports, Byju's has made a bid of more than $1 billion to buy the American company 2U. The edtech giant made the board of 2U an offer last week that comes out to about $15 pe...
According to NMDC's Chief Managing Director Sumit Deb, the company's under-construction Nagarnar Steel Plant (NSP) has received approval from its shareholders and creditors to demerge. Deb, who...
In its regular monthly business updates, Cantabil Retail India Limited has informed that the company has opened 7 New Showrooms/Shops at different locations in India during the June 2...
ITD Cementation India Limited has informed to the exchanges regarding receipt of work order. In a regulatory filing, the company said that it has received Letter of Acceptance for co...
The Indian currency is comparably better positioned than other foreign currencies versus the US dollar, according to Finance Minister Nirmala Sitharaman, notwithstanding the rupee's decline aga...
The market as a whole, as well as the Multi Commodity Exchange (MCX) of India specifically, will benefit greatly from the regulator's approval of foreign portfolio investor (FPI) trading in com...
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 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.
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.