News Overview

Total volume handled by APSEZ during Q1FY25 was 109 million metric tonnes (MMT), up 7.6% year-on-year and flat quarter-on-quarter.

Coal India mostly produces non-coking coal for power generation and industrial use, with some coking coal for steelmaking and washed coal.

In the June quarter, RITES' net profit fell 24.4% to ₹90.4 Crore. The company generated a net profit of ₹119.6 Crore in the previous year.

Significant interest from anchor investors has already been secured, with ₹828.78 Crore raised on the anchor bid date of July 29.

The infrastructure company is offering shares in the price range of Rs 380-401 per share, with a minimum bid of 37 equity shares and in multiples thereof.

A PMI reading of above 50 indicates an overall increase compared to the previous month and below 50 indicates an overall decrease.

Consolidated revenues for ENIL in Q1 FY25 were ₹113.5 crore, representing an 8.9% yearly increase.

The government has extended the deadline for listed public sector companies to raise their minimum public shareholding

The Central Board of Indirect Taxes and Customs (CBIC) announced in a statement released late on Wednesday that the new rates would take effect on August 1.

This optimism in the US markets also influenced the Indian markets, where the key benchmark Nifty 50 crossed the 25,000-point mark.