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A report released by payroll processor ADP on Wednesday showed U.S. private sector job growth slowed by more than expected in the month of April. ADP said private sector employment increased by 247,000 jobs in April after jumping by an upwardly revised 479,000 jobs in March. The report showed employment in the service-providing sector jumped by 202,000 jobs, with employment in the leisure and hospitality […]

At meeting held on 04 May 2022

The Institute for Supply Management released a report on Wednesday showing an unexpected slowdown in the pace of growth in U.S. service sector activity in the month of April. The ISM said its Services PMI fell to 57.1 in April from 58.3 in March, although a reading above 50 still indicates growth in the sector. The report showed the employment index slid to 49.5 in […]

At meeting held on 4 May 2022

At meeting held on 04 May 2022

Havells India Ltd has lost 1.34% over last one month compared to 8.29% fall in S&P BSE Consumer Durables index and 6.64% drop in the SENSEX

On NSE, the IT index outperformed by strengthening 500 points. Bank and auto index jumped 400 points and 200 points respectively.

We expect to spend over Rs1050 crore over the course of the development of these projects, which would be developed over the next 3-4 years, Jay Goenka says.

With the value of imports showing a substantial increase, the Commerce Department released a report on Wednesday showing the U.S. trade deficit widened to a new record in the month of March. The report showed the trade deficit widened to $109.8 billion in March from a revised $89.8 billion in February. The wider trade deficit came as the value of imports soared by 10.3 percent […]

At meeting held on 04 May 2022