Vehicle financing for electric mobility remains a challenge in India, revealing options to adjust costs and bring EVs closer to cost parity with internal combustion engine models, according to a CII report released on Monday. It is essential to Developed in partnership with OMI, this report is part of a series of reports on the …
Financing remains a challenge for electric mobility in India: CII Report Read More »
After HDFC Bank reported stable earnings for the April-June quarter on July 17, the brokerage announced positive growth prospects for the bank. Shares of HDFC Bank also reacted positively to the optimistic growth outlook, trading at Rs 1,697.55 on the National Stock Exchange as of 9:18 am, up 1.1% from the previous close. The company …
Brokerages bullish on HDFC Bank post steady Q1 earnings Read More »
SoftBank has sold another 2 percent stake in Paytm`s parent One97 Communications Ltd, its biggest listed investment in India, over the past month via open market operations, generating about $300 million, in another instance of the Japanese investor monetising its bets in the country, its third-largest investment destination amid a funding drought. SoftBank has been …
SoftBank offloads another 2% stake in Paytm for $250-300 million Read More »
The 72-year-old minister is a Villupuram district MLA for the Tirukkoyilur Assembly seat. In connection with a money laundering investigation, the Enforcement Directorate conducted raids at the homes of DMK leader and Tamil Nadu Higher Education Minister K Ponmudy and his MP son Gautham Sigamani on Monday, according to official sources. The father-son team’s offices …
ED raids Tamil Nadu minister Ponmudi’s residences in Chennai and Viluppuram Read More »
Just Dial Ltd reported a profit of Rs.83.4 million for the quarter ended June 2024, compared with a loss of Rs.48.4 million in the same period last year, on the back of strong operating results and strong sales. Just Dial Ltd’s share price rose 3% to Rs 858.55 as of 9:20am on 13th July after …
Shares of Just Dial Ltd gains 3% post Q1 results Read More »
Avenue Supermart shares fell 1% in early trading on July 17 after the company reported a 140-basis-point decline in its EBITDA margin for the June quarter. The EBITDA margin for the April-June quarter was 8.9%, down 140 basis points from a year ago, the company said. Neville Noronha, Chief Executive Officer and Managing Director of …
DMart shares open 1% lower after margins fall in Q1 Read More »
The Indian market continued its record rally, rising for the third straight month on improved domestic and global data. Continued buying from the FII, a well-developed monsoon and good quarterly earnings also supported the gains in the week to 14-Jul. In this week’s trading, 30-pack Sensex rose 1.19% (780.45 points) to close at 66,060.90, while …
Market gains for third consecutive week; rupee gains against dollar Read More »
The July 14th midnight rise played a key role in helping the benchmark Nifty 50 close above 19,500 for the first time as it broke through the recent trading range (19,300-19,500) with a low call of 19,500. accomplished. The index held high throughout the session, largely aided by IT bulls, but volatility fell to near-historical …
Many brokerages maintained their stock ratings and price targets after June’s quarterly results. Federal Bank Limited shares were flat on July 14 after the company announced weak June 2023 quarterly results, with many brokerages maintaining their stock ratings and price targets. On the BSE, the shares were trading at 127 rupees, up 0.04% from the …
Brokerages maintain buy rating on Federal Bank post June quarter earnings Read More »
Water from the Yamuna River is still pouring into Delhi through gaps in the regulator, exacerbating the city’s already dire flood conditions. Delhi Minister Saurab Bharadwaj said on Friday that water from the Yamuna River is still seeping through the cracks in the regulator of the Irrigation and Flood Management Board. Regulators were hit near …
Kejriwal seeks NDRF, Army’s help as Yamuna threatens to flood Supreme Court Read More »
Jio Bharat Jio is is dedicated to fostering growth through unparalleled business advisory and strategic planning services