The fiscal incentive schemes to drive domestic innovation and indigenous manufacturing as well as promoting the development of the ecosystem around new technologies like artificial intelligence, machine learning, etc, should be looked at, ICRA says.
Sales decline 28.42% to Rs 2.62 crore
Globally, while the demand-supply for aluminium and zinc was at a deficit in 9M CY2021, the copper market remained in balance during the same period.
The main indices traded in a narrow range near the flat line in mid afternoon trade. The Nifty hovered above the 18,200 mark. At 14:28 IST, the barometer index, the S&P BSE Sensex, fell 28.98 points or 0.05% at 61,121.32. The Nifty 50 index rose 11.15 points or 0.06% at 18,223. Broader markets were trading higher. The S&P BSE Mid-Cap index rose 0.21% while the […]
ITD Cementation India jumped 5.39% to Rs 87 after the company said that it had bagged orders worth approximately Rs 4,600 crore.
TCNS Clothing Co. Ltd saw volume of 7.38 lakh shares by 14:19 IST on NSE, a 49.09 fold spurt over two-week average daily volume of 15040 shares
Demand for auto components stems from domestic OEM, replacement and exports. Most domestic OE sub segments are expected to register healthy volume growth in FY2022, albeit on a low base of the last fiscal.
Consolidated revenue stood at Rs 31,867cr in the quarter under review, growing by 22.9% yoy and 7.7% qoq. In terms of constant currency, revenue growth was 7% qoq and 21.5% yoy.
Ittira Davis, a veteran banker of international repute has been associated with Ujjivan since March 2015, the company said.

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