News Overview

Meher Pudumjee is the chairperson of Thermax Ltd, a Pune based global conglomerate.

Advanced Materials crossed Rs1000 crore mark during the year, and delivered EBITDA margin of 13%.

Opened 12 new Barbeque Nation restaurants taking overall network to 185 restaurants.

At meeting held on 18 May 2022

A report released by the Commerce Department on Wednesday showed a modest decrease in new residential construction in US in the month of April. The Commerce Department said housing starts edged down by 0.2 percent to an annual rate of 1.724 million from a revised rate of 1.728 million in March. The slight drop in housing starts came as single-family housing starts plunged by 7.3 […]

Nippon Life India Asset Management has allotted 3,63,592 equity shares of Rs 10 each under ESOP on 18 May 2022. With this allotment, the paid up equity share capital has increased to 62,24,25,224 equity shares of Rs 10 each. Powered by Capital Market – Live News

The Indian Rupee fell further. The INR closed at 77.61 per US dollar, down 17 paise on the day. INR has continued to stay around record lows against the US dollar. The benchmark indices ended with deep losses on Wednesday with the Nifty slipping below its crucial 17,000 mark. Barring the Nifty IT index, all the sectoral indices on the NSE ended in the red. […]

The US stocks hammered on Wednesday, 18 May 2022, dragging the Dow Jones Industrial Average and the S&P 500 at their lowest closing levels in over a year. The steep selloff in Wall Street was triggered amid concerns about economic growth after two back-to-back quarterly reports from Target and Walmart stoked investor fears of rising inflation taking a bite out of corporate profits and consumer […]

WBMS noted yesterday that calculated market balance for primary aluminium for the period of January to March 2022 was a surplus of 474 kt which follows a deficit of 1676 kt recorded for the whole of 2021. Demand for primary aluminium for January to March 2022 was 16.23 million tonnes, 727 kt less than in the comparable period in 2021. Demand is measured on an […]

On 18 May 2022