Jai Balaji Industries raises Rs 559 crore from Tata Capital Financial Services to retire legacy NPAs on December 18, 2023 at 8:05 am

In 2018-19, Jai Balaji had an outstanding NPA of about Rs 3,000 crore, and banks subsequently sold this debt to two ARCs.

Sugar output down 11% at 74 lakh ton during October 1-December 15 of 2023-24 market year on December 18, 2023 at 8:02 am

The sugar marketing year runs from October to September.

India likely to achieve fiscal deficit target in 2023-24, says govt on December 18, 2023 at 7:50 am

The Indian government is likely to achieve the fiscal deficit target of 5.9% of gross domestic product (GDP) in the financial year 2023-24, junior finance minister Bhagwat Karad said on Monday.

Jai Balaji Industries raises Rs 559 crore from Tata Capital Financial Services to retire legacy NPAs on December 18, 2023 at 8:05 am

In 2018-19, Jai Balaji had an outstanding NPA of about Rs 3,000 crore, and banks subsequently sold this debt to two ARCs.

TMT rebars demand to grow over next 3-4 months: Tata Steel VP on December 18, 2023 at 8:56 am

There is a good demand seen from the construction, housing, and infrastructure segments, where new projects are coming up all over the country, Ashish Anupam, Vice President – Long Products at Tata Steel Ltd, said.

Chart of the Day: Mid and small companies face a question of how to fund growth on December 18, 2023 at 7:13 am

Investors have been flocking to small and mid-caps perceiving them as better opportunities but large companies seem better equipped to sustain growth

Top Nifty gainers and losers at mid-day: Bajaj Auto, Eicher gain; ICICI, JSW drop on December 18, 2023 at 7:15 am

About 1996 shares advanced, 1292 shares declined, and 120 shares were unchanged.

Thermax jumps 7% on positive views from brokerages on December 18, 2023 at 7:17 am

Jefferies, which has Thermax among its top industrial stock picks, has a #39;buy#39; call on the stock. Thermax should benefit from its transition into a company focused on clean energy, it has said

Thermax jump 7% on positive views from brokerages on December 18, 2023 at 7:17 am

Jefferies, which has Thermax among its top industrial stock picks, has a #39;buy#39; call on the stock. Thermax should benefit from its transition into a company focused on clean energy, it has said

It Took 10 Years to Grow This Christmas Tree. The Price? $105 on December 18, 2023 at 8:00 am

Amid wild cost fluctuations and extreme weather conditions, a small army of workers toiled for years at Wyckoff’s Christmas Tree Farm in Belvidere, N.J. The goal? Producing this year’s crop, including this seven-foot Norway Spruce, which is sold for $105.