News Overview

The record date for the dividend has been set for July 15, 2023

Further, the board of directors also approved the creation of a joint venture company.

The car manufacturer projects that this fiscal year, the global market for passenger vehicles would expand by 5-7%.

On Friday, the rupee had depreciated by 23 paise, closing at a six-week low of 82.74 against the US dollar

PHNX has also acquired land in Kolkata for Residential and in NCR for Warehousing. Analysts of IIFL Capital Services build 30% PAT Cagr over FY20-25, and increase their TP to Rs1,650.

Analysts of IIFL Capital Services upgraded BIL to BUY in Feb 2023, as volume growth/margins were at cyclical lows.

HAL will reportedly manufacture the Dornier Aircraft at its facility situated in Kanpur.

The stake sale brings the total capital raised by Adani Group to $9 billion over the past four years

Vedanta will be the first company in India to be engaged in the Integrated semiconductor and Display Fab business.

The proceeds from the fresh issue will be utilized for various purposes such as working capital requirements, capital expenditure, debt repayment, inorganic growth through acquisitions, and general corporate needs.