Auto Sector

Tech Mahindra, the fifth-largest IT service provider, is contesting cases amounting to Rs 3,561 crore across various forums and courts.

Analysts of IIFL Capital Services reiterate a cautious view on Paints amidst challenging valuations, moderate growth outlook in the long-term and a likely increase in competition from Grasim.

According to the business, the medicine would be produced at Lupin's Pithampur factory in Madhya Pradesh.

Mahindra is targeting substantial market shares, aiming for a double-digit market share in these regions.

The Fed typically releases the minutes of the FOMC meeting 21 days after the Fed statement.

While prima facie this is a robust performance, analysts of IIFL Capital Services explore other angles such as 4yr Cagr and sequential trends that imply that the performance looks subdued with possible downside risks to their estimates.

Aggarwal explained his plans to produce goods in India by saying, "Not just cost, we'll make sure we're self-reliant on energy requirements."

Investors with very high risk appetite and want to invest for 5 to 7 years in innovative companies should invest in Union Innovation & Opportunities Fund.

Sterling dropped 0.1% to $1.27195 and the euro dropped 0.07% to $1.08695.

Petrol and Diesel prices in cities across India on 17-08-2023