Adani Group has become the 2nd largest cement manufacturer in India, with the acquisition of Ambuja Cements (ACL) and ACC Ltd. Stock prices of cement companies are likely to be volatile in the near term — especially for large-cap companies - as small-size companies are speculated to be acquisition targets.
Direct tax collections continue to grow at a robust pace, a clear indicator of the revival of economic activity post pandemic, as also the result of the stable policies of the Government, focusing on simplification and streamlining of processes and plugging of tax leakage through effective use of technology. The figures of Direct Tax collections for the FY 2022-23, as on 17.09.2022 show that net […]
With effect from 15 September 2022
Symphony Ltd witnessed volume of 2.05 lakh shares by 10:46 IST on BSE, a 104.37 times surge over two-week average daily volume of 1963 shares
Adani claimed it's because of their unwavering faith in the India narrative and confidence that the country's GDP would be worth $25—30 trillion by 2050
Indias foreign exchange (forex) reserves dropped by $2.234 billion to $550.871 billion for the week ended September 9, the lowest level in two years, the Reserve Bank of India (RBI) data showed. Indias forex reserves have dropped by almost $80 billion since this escalation of the Russia-Ukraine tensions into war earlier this year. This depletion, compared to the past 10 years, is likely the steepest […]
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