In the first quarter of this fiscal, EBITDA climbed by 16.5% to ₹376.1 Crore, up from ₹322.8 Crore in the previous year.
Following the deal, GAVL will own a 100% share in GTFL, further integrating its operations, the firm stated in a stock exchange filing.
The budget raised the long term capital gains tax on equities from 10% to 12.5%.
Refinery products contracted in June, putting the maximum pressure on core sector growth
Domestic mutual funds were allotted ₹1,117 Crore worth of shares.
After a fiscal surplus in May, India was back to a fiscal deficit in June; but it is much lower than expected.
While hinting at a 25 bps rate cut in September, Jerome Powell ruled out two rate cuts in year 2024
The merger between Star and Viacom18 has already been referred to the National Company Law Tribunal (NCLT) for final decision.
In March of this year, the government announced a new electric vehicle policy to attract major global players such as Tesla.
Sterling remained at a one-month low after falling over 1% overnight as the Bank of England began its interest-rate-cutting cycle in a carefully calibrated decision.

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