Indias services sector continued to expand in January 2022, albeit at a much slower rate than the previous month, as the sectors Purchasing Managers Index (PMI) fell to a six-month low of 51.5 from 55.5 in December 2021, data released on February 3 showed. A PMI reading above 50 shows expansion in activity, and one below 50 indicates contraction. IHS Markit, the indexs compiler, said […]
Export-Import Bank of India [Exim Bank] has, on behalf of the Government of India, extended a Line of Credit [LOC] of USD 500 million to the Government of the Socialist Republic of Sri Lanka for financing purchase of Petroleum products.
Ind-Ra continues to take a consolidated view of DBSIL and its wholly owned subsidiary.
Sales rise 55.37% to Rs 1.88 crore
Sales decline 1.31% to Rs 3544.40 crore
Welspun Enterprises skid 7.08% to Rs 93.85 after the companys consolidated net profit slumped 66.6% to Rs 12.94 crore on a 42.9% fall in net sales to Rs 241.58 crore in Q3 FY22 over Q3 FY21.
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