While food inflation is perceptibly lower in January 2025, there has been a rebound in core inflation
At 3.0%, the US consumer inflation is a full 100 bps above the Fed target of 2.0%, reducing further rate cut hopes
As part of the contract, debentures shall have a tenure of 3,651 days (approx. 10 years) and shall be listed on the Wholesale Debt Market
However, the company stated that its revenue from operations registered a growth of 66.90% to ₹534.70 Crore in Q3FY25.
The EBITDA increased to ₹1,211 crore (12.8%), from ₹1,114 crore (12%) in Q3 FY24, while keeping double-digit EBITDA intact for the 8th consecutive quarter.
The deal is aimed at improving operational efficiency, expanding capabilities, and fuel innovation in the maritime sector.
Top gainers in Sensex include Nestle (1.11%), TCS (0.27%), HCL Tech (0.27%), ITC (0.23%).
The board of directors declared an interim dividend of 150% (₹1.50 per equity share, on a face value of ₹1) for the financial year ending March 31, 2025.
Despite positive net inflows; equity funds experienced the bulk of the price depletion in January 2025
The IIP growth for December was subdued at 3.22%, but previous revisions have been a mixed bag
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