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At meeting held on 23 & 24 July 2022

Panattoni expands into India in an effort to meet the rising demand for warehouse space in important cities.

Add-shop E-Retai announced that the company is planning to launch a range of spices and tea & coffee. Ahead of the launch, the company has applied for the FSSAI licence for manufacturing these products. Powered by Capital Market – Live News

The proposed capacity addition is 1000 MTPA and to be commissioned by May 31, 2023, the company said,

The Indian rupee is expected to see some recovery on Monday, tracking weakness in US dollar overseas couple with lower crude oil prices. Dollar is tracking US treasury yields lower ahead of Federal Reserve decision later this week. The dollar index, that measures the greenback against a basket of currencies is down 0.11% at 106.50. On Friday, rupee fell by 5 paise to close at […]

Revenue from exports contributed 34% in Q1FY23 as compared to 30% in Q1FY22.

On account of ongoing CIRP process

The sale is a component of L&T's asset-light strategy, which has seen the company sell off several non-core properties.

The mentioned foreign subsidiary is located in Chantilly, Virginia, the USA.

The Company achieved capacity utilization of 83% as against 73% during 01 FY22.