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Coal India (CIL) has achieved 65% growth in capital expenditure in Q1 FY23 over corresponding period of pervious year. CILs capex witnessed growth for ninth successive quarter. CILs capex jumped to Rs.3,034 crore during April-June FY22 compared to Rs.1,841 crore of April-June FY21 resulting in a sizeable Rs. 1,193 crore volume increase. Land acquisition at Rs.608 crore accounted for nearly one-fifth of the first quarters […]

Varun Beverages Ltd is quoting at Rs 856, up 0.88% on the day as on 12:44 IST on the NSE. The stock is up 64.36% in last one year as compared to a 2.83% gain in NIFTY and a 13.3% gain in the Nifty Financial Services.

Business Wire India In a rare securities law u-turn in the United States, the Texas State Securities Board has dismissed its own case against the Whiskey & Wealth Club.   The Securities Commissioner delivered a landmark decision on July 7th 2022, withdrawing all of its seven unfounded accusations against one of the world’s leading cask whisk(e)y wholesalers.   Whiskey & Wealth offers private and institutional […]

CIL's CAPEX increased to Rs3,034 crore in April-June 22 from Rs1,841 crore in April-June 21, resulting in a Rs1,193 crore volume increase.

The key equity indices traded with modest losses in the early afternoon trade. The Nifty traded below the 16,150 mark. Oil & gas, PSU bank and metal stocks advanced while IT, media and FMCG shares declined. At 12:23 IST, the barometer index, the S&P BSE Sensex, was down 311.84 points or 0.57% to 54,170. The Nifty 50 index declined 87.55 points or 0.54% to 16,133.05. […]

The Bank of Japan upgraded its economic assessment of seven out of nine regions and maintained its view on the other two, the Regional Economic Report said. Many of the regions reported that, although the effects of supply-side constraints had been observed, partly brought about by lockdowns in China, their respective economies had been picking up moderately with the impact of the pandemic on private […]

The results of a recent poll conducted by CII among its top industry CEOs reveal that while expectations of monetary tightening are pervasive, given the sharp increase in inflation and heightened inflation expectations, overall outlook for H1 FY23 looks robust. Reflecting on their own company prospects, a major share of the CEOs revealed an upbeat sentiment- as 44 per cent of them felt that their […]

How families approach investments have a large influence on how a child’s financial behaviour shapes when he/she grows up.

The Buildings & Factories (B&F) business of L&T Construction has secured significant contracts from various clients.

In order to grow after years of stagnation, Bank of India (BoI) has set an ambitious quarterly recovery target of Rs2,500 crore for the current fiscal year.