News Overview

Business Wire India In a rare securities law u-turn in the United States, the Texas State Securities Board has dismissed its own case against the Whiskey & Wealth Club.   The Securities Commissioner delivered a landmark decision on July 7th 2022, withdrawing all of its seven unfounded accusations against one of the world’s leading cask whisk(e)y wholesalers.   Whiskey & Wealth offers private and institutional […]

The Buildings & Factories (B&F) business of L&T Construction has secured significant contracts from various clients.

Coal India (CIL) has achieved 65% growth in capital expenditure in Q1 FY23 over corresponding period of pervious year. CILs capex witnessed growth for ninth successive quarter. CILs capex jumped to Rs.3,034 crore during April-June FY22 compared to Rs.1,841 crore of April-June FY21 resulting in a sizeable Rs. 1,193 crore volume increase. Land acquisition at Rs.608 crore accounted for nearly one-fifth of the first quarters […]

How families approach investments have a large influence on how a child’s financial behaviour shapes when he/she grows up.

The key equity indices traded with modest losses in the early afternoon trade. The Nifty traded below the 16,150 mark. Oil & gas, PSU bank and metal stocks advanced while IT, media and FMCG shares declined. At 12:23 IST, the barometer index, the S&P BSE Sensex, was down 311.84 points or 0.57% to 54,170. The Nifty 50 index declined 87.55 points or 0.54% to 16,133.05. […]

The Bank of Japan upgraded its economic assessment of seven out of nine regions and maintained its view on the other two, the Regional Economic Report said. Many of the regions reported that, although the effects of supply-side constraints had been observed, partly brought about by lockdowns in China, their respective economies had been picking up moderately with the impact of the pandemic on private […]

The value of electronic retail card spending in New Zealand rose a seasonally adjusted 0.1 percent on month in June, Statistics New Zealand reported – down from the 1.8 percent increase in May. Spending in the core retail industries fell 0.3 percent on quarter. On a yearly basis, retail card spending was up 1.9 percent, accelerating from 0.7 percent in the previous month. Cardholders made […]

PC Jeweller Ltd, Mindteck (India) Ltd, Goa Carbon Ltd and Onelife Capital Advisors Ltd are among the other gainers in the BSEs B group today, 11 July 2022.

Here are the key takeaways from the monthly dealers check done by analysts at IIFL Capital Services.

Sales for the Q1 FY23 grew by ~130% approx. over Q1 FY22 and ~60% approx. over Q1 FY20 (Pre-Covid).