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Employee cost and other expenses as a % of sales fell by 1.8%/4.4% in FY23. Capex per store of Rs.2.6bn was in line with QSR space, adjusted for store size.

Petrol and Diesel prices in cities across India on 30-11-2023

On November 16, JSW Infrastructure announced that it has been awarded a Rs 4,119 crore public-private partnership to create a deepwater, all-weather port at Keni Port in Karnataka.

The $3.6 billion will be spent in two parts.

The delisting of ICICI Securities shares will be done by a share swap arrangement.

UltraTech Cement stated in a regulatory filing that it has bought the 0.54 MTPA cement grinding assets.

Mgmt remained committed on multi-year capex of Rs120bn for the next four years (unveiled last year) and does not foresee much delay on execution.

U.S. West Texas Intermediate (WTI) crude futures dropped 24 cents, or 0.3%, to $77.68 a barrel, while Brent crude futures declined 28 cents, or 0.3%, to $82.90 a barrel.

73% of analysts of IIFL Capital Services coverage reported beat in earnings led by ABB/KKC/TMX, with mix and operating leverage spinning the earnings upgrade.

After reaching its highest level since May 5 on Wednesday, spot gold was steady at $2,043.69 per ounce and was expected to rise for a second straight month.