News Overview

GQG increased its investment in Adani Energy Solutions by the most during the March quarter, investing ₹2,316 Crore.

Domestic crude oil production in FY24 was 29.4 million tonnes, essentially unchanged from the previous year's 29.2 million tonnes.

Earlier in the month, Shilpa Medicare successfully raised ₹500 Crore through a Qualified Institutional Placement (QIP), reflecting investor confidence in the company's growth prospects.

Presently, a total of 38 mutual funds have investments in ITC, collectively holding shares valued at ₹62,063 Crore

This development underscores the complex regulatory landscape faced by companies operating in India, highlighting the importance of diligent compliance and proactive engagement in addressing legal challenges.

In conversation with Sheetal Agarwal of IIFL, management of the company explains its strengths, growth strategy and listing plans.

The situation is echoed in South Africa, where all Cerelac baby cereals contained four grams or more of added sugar per serving, emphasizing a consistent pattern across diverse markets.

The project aims to increase the cement vertical's capacity to 140 million tonnes per year by 2028, according to the business.

Despite the recent re-rating, ILOM’s secular underpenetration story is intact, and its new focus and strategy could surprise positively, in analysts of IIFL Capital Services view. While the stock is trading at 32x FY25 P/E, it offers 26% EPS Cagr over FY24-26.

The Indian government, which owns 32% of Vodafone Idea (Vi), expressed complete support for the carrier's fundraising efforts on Tuesday.