News Overview

The company will manufacture the product at the group’s formulation facility located in Moraiya, Ahmedabad (India).

The proposed amendments to the stressed assets resolution circular of June 7, 2019 for including specific guidelines for compromises and settlements with borrowers, is definitely a welcome move.

Mystore's e-commerce platform, through ONDC, is leveraging Delhivery's extensive pan-India network.

If domestic CPI trajectory broadly proceeds along RBI’s projections, we believe that repo rate at 6.5% should provide sufficient disinflationary force to nudge inflation towards RBI’s target level.

The lowering of the inflation projection for FY24 to 5.1% signals towards a higher GDP growth and credit offtake can be expected to be higher.

On inflation, the central bank recognised the near-term easing in inflationary pressures while being cautious about the future trajectory.

On the sectoral front, Nifty Media, IT, Auto, and FMCG stocks are weighing down the charts.

Tata Elxsi has developed crew module recovery models (CMRM).

The tie up with FTAI Aviation is intended to reduce maintenance expenses and aircraft downtime.

RBI Monetary Policy Committee (MPC) has kept the repo rate unchanged at 6.5%