At meeting held on 19 September 2024
Price hikes to continue, Ceat pushing for growth to accelerate in second half: Arnab Banerjee (19-09-2024)
Ceat’s MD & CEO Arnab Banerjee explains that price hikes will continue due to inadequate pass-through of raw material costs, with further increases anticipated in September. Despite high natural rubber prices, Ceat aims for growth in international markets and has planned significant capex for FY25. Banerjee also says the overall OEM demand will be flattish. But the replacement demand is not flat.
Mphasis shares drop 1.48% as Sensex rises (19-09-2024)
A total of 46,823 shares changed hands on the counter till 01:49PM (IST)
European shares advance as Fed begins easing cycle with jumbo rate cut (19-09-2024)
The U.S. central bank kicked off its monetary-easing cycle on Wednesday with a jumbo reduction that brought the benchmark policy rate to 4.75%-5.00% range.
BJP MLA Munirathna, 6 others booked for rape, sexual harassment, criminal intimidation (19-09-2024)
A case of rape, sexual harassment, and criminal intimidation has been registered against BJP MLA Munirathna and six others. The complaint was filed by a 40-year-old woman alleging the incident occurred at a private resort. The police are investigating the matter.
Indian Oil Corp. shares drop 2.04% as Sensex rises (19-09-2024)
A total of 1,286,295 shares changed hands on the counter till 01:43PM (IST)
NTPC Green Energy IPO SWOT analysis: Key strengths, weaknesses from DRHP (19-09-2024)
As investors await further details, here is a comprehensive analysis of the strengths, weaknesses, opportunities, and threats of the NTPC Green Energy, as described in the DRHP papers