The frontline equity indices traded with minor gains near the days high in the mid-morning trade. The Nifty hovered above the 16,550 mark. Private bank stocks advanced for the fifth day in a row. A reversal in foreign fund selling in the Indian market helped improve sentiment. At 11:29 IST, the barometer index, the S&P BSE Sensex, was up 189.16 points or 0.34% to 55,586.69. […]
The Bank of Japan kept its ultra-loose monetary policy stance unchanged and raised its inflation outlook. The policy board maintained a negative interest rate of -0.1 percent on current accounts that financial institutions maintain at the central bank. The bank will also continue to purchase a necessary amount of Japanese government bonds without setting an upper limit so that 10-year JGB yields will remain at […]
The current market cap of the company is Rs1,401.20 crore.
"Rajarshi Gupta has more than 33 years of varied experience in supervisory, managerial, and strategic planning capacities in domestic and foreign operations of ONGC and ONGC Videsh," the corporation stated in a statement
Havells India reported 3.5% rise in standalone net profit to Rs 242.43 crore on 62.8% surge in net sales to Rs 4,230.14 crore in Q1 FY23 over Q1 FY22.
CRISIL has reaffirmed its 'CRISIL A1+' rating on the short-term debt and commercial paper programme of the company.
The company increased its sales by 20% year over year (YoY) to 0.66 million square feet in the first quarter of FY23 from 0.55 million square feet in the first quarter of FY22. In Q1, total sales value increased from Rs248 crore in Q1FY22 to Rs313 crore, a 26% YoY increase.
Business Wire India ABB to spin off Accelleron and list the company on SIX Swiss Exchange The transaction will allow both ABB and Accelleron to focus on their respective core strategies and long-term value creation for their stakeholders ABB’s shareholders can realize the full value of Accelleron while allowing ABB to focus on its core portfolio in the areas of electrification and automation Accelleron as […]
The order is expected to be completed within a period of 30 months.
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