JSW Energy Limited has informed that India Ratings and Research (Ind-Ra), on June 28, 2022, has reaffirmed the rating of the long term fund based working capital facilities of Jaigad Power...
V-Mart Retail Limited informed that the rating agency ICRA Limited has reaffirmed the long-term rating at [ICRA]AA- and short-term rating at [ICRA]A1+ for the captioned line of credit. ...
In order to digitize the cash collection mechanism in India's Tier III cities and semi-urban areas, Airtel Payments Bank has teamed with Axis Bank. Airtel Payments Bank will help Axis Bank digi...
Al Faisal Holding, one of Qatar’s largest privately held diversified groups, announces that it has chosen to implement Ramco Systems' Global Payroll & HR Solution to streamline ...
India's coal ministry announced on Wednesday (29-06-2022) that it has asked the World Bank and other international organizations for help in repurposing its closed coal mines so that they would...
Oil prices continue to be much above the $100 per barrel mark. There is some hope that with global economic slowdown worsening in the coming days, demand for oil will go down. This will start b...
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.