Posts in category All News
FMCG makers expect single-digit revenue growth, margin improvements in April-June quarter (07-07-2024)
FMCG companies like Dabur, Marico, and Adani Wilmar expect single-digit volume growth and margin expansion in the April-June quarter. Positive demand trends are observed, particularly in the rural market. Overall, FMCG players anticipate 7-9% revenue growth for the fiscal year.
Cineline India – Picture abhi baaki hai (07-07-2024)
Back and forth between hotels, same with exhibition screens, heavey pledging, related party transactions, several things make it feel discomfort. The only brightspot is Exhibition screens opening at fast pace and their operating metric looking good (if you trust the reported nos).
Mcap of 8 of top-10 most-valued firms jumps Rs 1.83 lakh cr; TCS, Infosys biggest gainers (07-07-2024)
The BSE benchmark rose 963.87 points, up 1.21%. Eight leading firms added Rs 1,83,290.36 crore, led by TCS, Infosys, Reliance, ICICI Bank, LIC, Hindustan Unilever, ITC, and SBI. TCS increased by Rs 38,894.44 crore, Reliance by Rs 32,611.36 crore. HDFC Bank and Bharti Airtel saw declines in market valuation.
Coal import rises 5% to 52 MT in April-May (07-07-2024)
Coal India accounts for over 80 per cent of domestic coal output.
FPIs inject Rs 7,900cr in equities in first week of Jul; investment surpasses Rs 1 lakh cr in 2024 (07-07-2024)
FPIs infused Rs 7,900 crore into Indian equities, raising the total to Rs 1.16 lakh crore in 2023. June saw a Rs 26,565 crore inflow with political stability. Milind Muchhala noted US bond yields' impact. Geojit's Vijayakumar cited buying in telecom, autos. The debt market gained Rs 6,304 crore due to the JP Morgan EM Govt Bond Index.
Who insults parliamentary procedures on daily basis, not us: Kapil Sibal to Vice President Jagdeep Dhankhar (07-07-2024)
Rajya Sabha MP Kapil Sibal criticised Vice President Jagdeep Dhankhar for his remarks on Congress leader P Chidambaram's comments about new criminal laws, stating that it was not the opposition but the government that insults parliamentary procedures. Dhankhar had called Chidambaram's statement about part-time drafters of laws "inexcusable," urging him to withdraw the comment.