Auto Sector

IMC has to spend about Rs 300 crore every year to bring Narmada water from Jalud to Indore on electricity to pump water to every household and this solar power plant will bring down this amount significantly.

Collaboration aims to facilitate financial services for Indian and European businesses.

Over the next few years, PhonePe intends to use these funds to rapidly expand its existing operations, including lending, stockbroking, ONDC-based shopping, and account aggregators, as well as its payments and insurance businesses in India.

US CPI inflation in January stood at 6.4% on y-o-y basis; and at 0.5% on month-on-month basis.

Short selling is a lawful investing activity.

When the January 2023 wholesale price inflation (WPI) was announced on 14th February, it marked the 8th consecutive month of falling wholesale inflation.

US consumer inflation has now fallen a full 270 basis points from the peak of 9.1% in June 2022.

Company’s consolidated revenue from operations jumped 40% y-o-y to Rs 3,353.36 crore.

Banking stocks drive benchmark indices upward as expectations of interest rate hikes increase after January inflation data.

In conversation with Sheetal Agarwal of IIFL, management of IMC talks about the on going Green Bond issue