Ramco Cements clocks revenue of Rs6,011 crore in FY22; stock skids ~3%

India Infoline News Service May-24-2022

EBIDTA for FY22 is Rs1,314 crore as against Rs1,583 crore during PY with a de-growth of 17%, mainly due to a sharp increase in fuel price and weak cement prices.

Pitti Engineering logs 80.30% yoy growth in FY22; stock ends ~4% lower

India Infoline News Service May-24-2022

Companys PAT for FY22 was reported at Rs51.89 crore as compared to Rs28.78 crore in FY21, registering a growth of 80.30% yoy.

Vaibhav Global tumbles over 7% post Q4FY22 numbers

India Infoline News Service May-24-2022

The companys revenue for Q4 and FY22 grew by 2.9% and 8.4% yoy respectively.

Aditya Birla Fashion to raise Rs2,195 crore of primary capital from GIC; stock under pressure

India Infoline News Service May-24-2022

Aditya Birla Group will hold a ~51.9% stake in the company post the completion of this transaction.

BLS International signs contract to process German visas in North America & Mexico

India Infoline News Service May-24-2022

The company will also be launching the Mobile Biometric service wherein applicants can choose to submit applications at their convenient place (home or office) at an additional fee.

Ramco systems extends Aviation, Aerospace and Defense software service to Brunei Shell

India Infoline News Service May-24-2022

The solution will also provide an in-depth analysis of BSPs complex helicopter operations.

DSP Top 100 Equity Fund Announces change in fund managers

capital market May-24-2022

With effect from 01 June 2022

Edelweiss MF Announces change in fund managers under two schemes

capital market May-24-2022

With effect from 24 May 2022

Taurus Mutual Fund Announces Change in Fund Manager and Key Personnel

capital market May-23-2022

With effect from 23 May 2022

DSP Equity & Bond Fund Announces Income Distribution cum Capital Withdrawal (IDCW)

capital market May-23-2022

Record date for distribution is 27 May 2022

Franklin India Equity Hybrid Fund Announces IDCW

capital market May-23-2022

Record date for IDCW is 27 May 2022

Baroda BNP Paribas Mutual Fund Announces Income Distribution cum Capital Withdrawal (IDCW) under two schemes

capital market May-23-2022

Record date for IDCW is 27 May 2022

Does the inversion of US yield curve hint at recession?

India Infoline News Service Mar-30-2022

Let us very quickly look at what it really means.

Asian markets gain with Japans Nikkei 225 index outperform; European markets open higher

India Infoline News Service Mar-29-2022

Hong Kongs Hang Seng index jumped 0.73%, as casino and tech stocks rose.

Asian markets trade mixed as Shanghai imposes lockdown; Crude oil prices decline

India Infoline News Service Mar-28-2022

In the commodity market, crude oil prices down, with international benchmark Brent crude futures down 2.79% to $117.28 per barrel and U.S. crude futures slipped 3.07% to $110.40 per barrel.

Rupee remains sluggish against US Dollar as oil prices elevates

India Infoline News Service Mar-21-2022

The local currency touched a two-week high vs the US Dollar in its last trade on Thursday.

Rupee steady against the greenback as crude oil prices take a downturn ahead of Fed meeting

India Infoline News Service Mar-15-2022

The Indian rupee bolstered ahead of US Federal Reserves policy statement on Wednesday, in which investors anticipate a sharp hike in interest rates.

Rupee opens lower as investors jitters Fed rate hike ahead of US Feds meeting

India Infoline News Service Mar-14-2022

The US Federal committees meeting will conclude on March 16, 2022.

State Bank of India Q3FY22 Preview: NII seen at Rs 297.5 billion, PAT at Rs 80.3 billion

India Infoline News Service Feb-04-2022

PAT could be aided by lower credit costs

Govt includes Retail and Wholesale Trade as MSMES

India Infoline News Service Jul-23-2021

Filing of Udyog Aadhaar Memorandum (UAM)/ Udyam Registration is required for availing benefits of the schemes and programmes of the Ministry of MSME.

IBBI nods 317 companies resolution plans; 1,126 firms to be liquidated

India Infoline News Service Mar-09-2021

The information was provided by Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, in a written reply to a question in Lok Sabha.

COVID push: Indian small-town retailers going digital with business activity back to normal levels - reveals OkCredit data

India Infoline News Service Nov-04-2020

It is interesting to note that amid the Covid pandemic, remote towns are emerging as the torchbearers for the digitization of the MSME segment.

MSCI confirms it will implement new regime on FOL changes in November review

India Infoline News Service Oct-27-2020

The FOL changes are resulting from the relaxation of the Foreign Portfolio Investor (FPI) limit of Indian companies to the sectoral limit.

IFSCA Committee submits interim report on development of international retail business

India Infoline News Service Sep-22-2020

Other key business verticals, i.e., insurance, asset management, and capital markets, will be covered in reports that the committee plans to release subsequently.

Niti Aayogs job creation plan

India Infoline News Service May-17-2022

Niti Aayog to come with a new job creation plan

Global wheat prices shoots up after India announces temporary ban on wheat exports

India Infoline News Service May-17-2022

As was expected, global wheat prices rose after announcement of ban on wheat exports by India, for the time being.

April 2022 sees buoyant exports, but trade deficit widens

India Infoline News Service May-14-2022

Of course, at this run rate, the total trade deficit promises to get closer to $250 billion for FY23, but we will come back to that issue later.

CPI Inflation shocks the street at 7.79% for April 2022

India Infoline News Service May-13-2022

. In fact, from a level of 4.35% in September 2021, the headline CPI inflation has rallied by 344 basis points over the last 7 months.

Mar-22 IIP stays under 2% as supply chains hit manufacturing

India Infoline News Service May-13-2022

Unlike in February 2022, when the IIP growth remained under 2% despite a negative base, March 2022 has seen growth over base IIP number of 24.14% in March 2021.

Did the US Fed fall behind the curve in hiking interest rates?

India Infoline News Service May-09-2022

In its monetary policy statement after the May 2022 FOMC policy, the Fed not only announced a 50 bps rate hike, but also promised to boost rates by another 175-200 bps by the end of 2022. However, this has opened up two separate debates.