A bi-facial solar system consists of a solar panel that collects sunlight from both surfaces and generates power on both sides.
JioCinema also had a resurgence in the luxury mobile device segment, with companies like Google Pixel, Apple, Motorola, etc.
Fed’s dot plot still shows three rate cuts, totaling to 75bps in 2024; although the timing of cuts remains uncertain. Indian 10yr yields are still lower at 7.1%. DXY is higher at 104, as compared to the recent lows of 101; but still lower than the Oct peak of 108 levels. INR appreciated by 0.2%, Yuan remained flat, and EM FX basket depreciated by 0.9% respectively in Feb.
The QIP is expected to be part of the bank's broader strategy to raise a total of ₹1,500 Crore during the fiscal year.
The U.S. Federal Reserve chose to keep its funds rate unchanged this week and maintained its projections for three rate cuts by the end of the year. However, it emphasized the need for more confidence in sustainable inflation before taking action.
Despite a visible recovery in dyes and pigments, the improvement hasn't yet translated into meaningfully higher realisations.
The U.S. central bank opted to keep rates unchanged on Wednesday, but policymakers signalled their expectation of reducing them by three-quarters of a percentage point by the end of 2024, despite recent high inflation readings.
Management indicated that clients continue to prioritise large-scale transformation projects, limiting discretionary spending. ACN expects FY24 Adj. Ebit margin to be 15.5% (was 15.5-15.7%).
Petrol and Diesel prices in cities across India on 22-03-2024
The Board authorised a change to the capital clause of the company's Memorandum of Association due to a stock split.

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