News Overview

"Home buyer affordability shrinks; developers may adopt mitigating measures," says Shishir Baijal, Chairman & Managing Director, Knight Frank India.

Manappuram Finances consolidated net profit tumbled 35.4% to Rs 282.08 crore on 4.5% decline in total income to Rs 1,502.73 crore in Q1 FY23 over Q1 FY22.

Setting up the committee to develop alternative benchmark rates is in line with the global trends and should help in appropriate market- linked price discovery for credit.†Soumitra Majumdar, Partner, JSA.

Subex Ltd, Fineotex Chemical Ltd, Manappuram Finance Ltd and GTL Infrastructure Ltd are among the other gainers in the BSEs A group today, 05 August 2022.

Ind-Ra has upgraded the rating to ‘IND A3+’, assigned to the company’s non-fund-based working capital limit worth Rs92 crore.

Xpansiv to Acquire Evolution Markets, Expanding the World’s Leading Environmental Market Infrastructure

One of the largest corporate renewable power supply deals in India under captive model.

Balkrishna Industries tumbled 6.37% to Rs 2172.05 after the company reported 3% fall in standalone net profit to Rs 320 crore despite a 21% increase in revenue from operations to Rs 2,646 crore in Q1 FY23 over Q1 FY22.

Adani Enterprises consolidated net profit jumped 72.9% to Rs 469.46 crore in Q1 FY23 as against Rs 271.46 crore in Q1 FY22.

On 13 August 2022