Posts in category All News
Prakash Industries Ltd. (Prakash) (23-11-2024)
The Company is pleased to inform that the Government of Chhattisgarh had executed the
Mining Lease yesterday, which has been duly registered today in favour of the Company
for mining of coal over a period of 30 years for its Bhaskarpara Commercial Coal Mine in
District Surajpur. Now, the Company will start overburden removal by next month and
thereafter the coal extraction is expected to commence in the next quarter.
The supplies of coal from this mine shall provide stability to the Company’s Integrated
Steel operations as well as result in significant cost reductions. Additionally, this being a
commercial mine, it shall also boost the revenue and the profitability through sale of coal in
the open market.
36 smallcaps shine with double-digit gains as fag-end rally help markets recoup weekly losses (23-11-2024)
Indian equity markets rebounded strongly this week, with the Sensex closing nearly 2% higher. Small-cap stocks led the rally, with Banco Products gaining nearly 35%. Analysts caution that more clarity is needed to confirm a trend reversal, with upcoming election results and economic data being key factors to watch.
Sensex slips over 6,800 points from peak. 4 global brokerages on what should investors do (23-11-2024)
The Sensex has tumbled 8% from its September peak due to global and domestic pressures, but major brokerages remain cautiously optimistic about India’s long-term growth prospects. HSBC, Goldman Sachs, Citi, and CLSA highlight opportunities in sectors like financials, infrastructure, and IT, while advising caution amid high valuations and FII outflows.
Mind Over Money: Meditation, Neti, yoga, and evening walks: Ravi Kumar Jha’s wellness formula for success (23-11-2024)
Ravi Kumar Jha, MD & CEO of LIC Mutual Fund AMC, prioritizes wellness practices like Neti, yoga, and meditation alongside his demanding schedule. He finds these practices enhance his focus, resilience, and decision-making abilities. Jha believes a holistic approach to health is crucial for effective leadership in the corporate world.