Auto Sector

The company intends to raise Rs 155 crore through an initial public offering at the higher end of the Rs 133-140 price band.

The Scheme is a target maturity index fund which will employ an investment approach designed to track the performance of CRISILIBX Gilt Index - June 2027.

Depositors of SVB and Signature Bank will be able to withdraw their entire amount instead of just the insured amount.

Prime lending rate now stands at 14.85%.

The company is engaged in the business of processing natural stones and manufacturing engineered quartz and has 2 manufacturing units in Rajasthan.

When the Office of the Economic Advisor announced the February 2023 wholesale price inflation (WPI) on 14th March, it marked the 9th consecutive month of lower wholesale inflation.

The scheme aims to generate risk-adjusted returns through research driven investment approach by investing in a portfolio of fixed income securities maturing on or before the tenure of the Scheme.

Recent closure of PVR-Inox merger has created India’s largest multiplex chain, with 18%/30% share of screens/box office revenue.

At its first investor day post-merger, LTIMindtree (LTIM) highlighted how the company is focused on driving both revenue (USD 1 billion over the medium term) and cost synergies (200 basis points margin expansion by FY27).

February 2023 was another encouraging month for the US economy with consumer inflation falling 40 bps to 6.0%.