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At meeting held on 14 November 2022

Business Wire India Anil Jain, Gaurav Jain, Dr Apoorva Ranjan Sharma and Anuj Golecha Venture Catalysts Group: Snapshot93+ Successful DealsVenture Catalysts Group (Vcats++), India’s first integrated incubator and a full-stack investor for early to growth stage startups, has announced that about 54 of its portfolio startups have crossed $50 million valuation this year. Despite challenging times that led to a 70% decline in funding this […]

With effect from 14 November 2022

OPEC stated in latest monthly update while India’s major economic activities kept its positive momentum, inflation and a slowdown in industrial activities might overshadow the steady economic activities. Due to global supply chain disruptions, industrial output kept deteriorating in August, contracting by 0.8% y-o-y compared with 2.2% y-o-y growth in July. Nevertheless, the pick-up in capital infrastructure and consumer durables output continued to build momentum. […]

Globus Spirits slumped 8.78% to Rs 734.40 after the companys net profit declined 57.9% to Rs 22.1 crore on 25.7% jump in net revenue from operations to Rs 480.3 crore in Q2 FY23 over Q2 FY22.

Radico Khaitan slipped 2.83% to Rs 956 after the the liquor makers standalone net profit tumbled 25.2% to Rs 51.8 crore as against Rs 69.3 crore recorded in Q2 FY22.

With effect from 14 November 2022

Japans industrial production declined more than initially estimated in September, revised data from the Ministry of Economy, Trade and Industry. Industrial production decreased by seasonally adjusted 1.7 percent monthly in September, revised down from -1.6 percent estimated initially. Shipments declined by 2.5 percent monthly in September. Meanwhile, the inventories grew 2.9 percent and the inventory ratio gained 5.1 percent. On a yearly basis, industrial production […]

Aseptic Packaging sales volumes increase by 149% yoy.

OPEC stated yesterday that after three consecutive months of sharp declines, crude oil futures prices bounced back in October from low levels recorded a month earlier. This took place amid easing selling pressure in futures and financial markets and a drop in US dollar value against a basket of major currencies to its lowest point since mid-September. Between 27 September and 26 October, the US […]