The seasonally adjusted S&P Global India Services PMI Business Activity Index stood at 55.5 in July, from from 59.2 in June, which was the highest figure in over 11 years. The latest reading indicated the slowest rate of growth in four months. The recovery of the Indian service sector lost momentum during July as weaker sales growth and inflationary pressures restricted the latest upturn in […]
The domestic equity barometers traded with modest losses in the morning trade. The Nifty traded below the 17,300 level. Barring the Nifty IT index, all the sectoral indices on the NSE were in the red. At 10:30 IST, the barometer index, the S&P BSE Sensex, was down 227.14 points or 0.39% to 57,909.22. The Nifty 50 index declined 83.80 points or 0.48% to 17,261.65. In […]
On May 17, 2019, the said Unit was classified as OAI, and a warning letter was issued to the company on June 20, 2019.
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