Auto Sector

For well-known companies like Pizza Hut, KFC, Costa Coffee, and Vaango, Devyani International specializes in the construction, management, and operation of quick-service restaurants and food courts.

Investors with very high risk appetite and want to invest for 5 to 7 years to diversify across market cap should invest in Edelweiss Multi Cap Fund.

According to Maruti Suzuki India in a regulatory filing, the show cause notice, dated September 29, 2023, relates to the reconciliation of tax returns submitted by the firm and covers the time period from July 2017 to March 2018.

According to the article, in the first phase, SAIC will control 51% of MG Motor India, Jindal will own 32 to 35% of the company, employees and dealers will own 6%, and an unnamed local financial institution will own 6-7%.

Punjab National Bank reported a year-over-year gain in current account savings account (CASA) deposits, with a growth rate of 2.6%, in its business update for the second quarter of 2023.

Deposits increased 3.3% from the Rs 1,08,480 crore in the June quarter, the bank reported the BSE.

On the third day of bidding, Plaza Wires' IPO recorded an impressive subscription rate of 62.55 times.

Unichem’s historical revenue growth has been lacklustre, with its US revenue (58% revenue contribution) remaining flat at USD100mn p.a. over the past 5 years.

Analysts of IIFL Capital Services believe only part of this hike will sustain, given the competition intensity.

For the road logistics of Hindustan Zinc, GreenLine announced in a statement that it will invest Rs 200 crore in the deployment of LNG-powered vehicles.