Category: Uncategorized

Category I AIFs (alternate investment funds) holding less than 20 percent of the pre-offer share capital are exempt from the six-month lock in period

Several regions, including India, China and the Middle East have been developing petrochemical production to provide a tailwind to decades of oil refining as the world looks to switch to cleaner energy sources.

The equity benchmark continued their record run on December 5, hitting new highs. About 1,453 shares advanced, 1,729 declined and 98 remained unchanged

The US-based rating agency expects India to be the fastest growing major economy in the next three years, with GDP growth reaching 7 per cent by 2026, from 6.4 per cent projected expansion in the current fiscal.

During the first nine months of 2022, exports stood at 166.11 million kg. From North India, primarily the states of Assam and West Bengal, tea exports dropped 6.61 per cent to 96.28 million kg in the reporting period, compared with 103.09 million kg in the corresponding nine months a year ago, the data showed.

The surge propels the conglomerate#39;s market capitalisation to over Rs 14 lakh crore. A Bloomberg report said International Development Finance Corp (DFC) conducted a due diligence investigation before extending the group a $553-million loan

Even as Beijing tries to focus policies away from investment in infrastructure and property, investors are seeking indications of how it plans to arrest a liquidity crisis among developers and how far policymakers intend to support struggling local governments

It has introduced — Reown, a new company-operated, pre-owned motorcycle business initiative, that enables existing and prospective customers to buy or sell their Royal Enfield motorcycles, and exchange their motorcycles and upgrade to a new bike with ease.

Bharat Forge had also reported a record high shipment of 70,300 tons during the September quarter, registering a 15 percent on year growth

Nomura expects Eureka Forbes to do well in the medium term, while factoring the current valuation at 36x FY26F EPS (Earnings Per Share) in the recovery.