The S&P 500’s price-to-earnings ratio shows the drawdown was actually more intense than it seemed. That’s good news for investors looking for a recovery rally.
GSP Crop Science, which manufactures insecticides, herbicides, fungicides and plant growth regulators, plans to use ₹170 crore from the fresh issue proceeds to repay debt, with the remaining funds allocated for general corporate purposes. Proceeds from the OFS will go…
In an interaction with CNBC-TV18, Tata Power’s MD and CEO Praveer Sinha had said that the rate of the PPA was on similar lines with Section 11 and that the commercial issues had been agreed upon.
The IPO was open for subscription from March 11 to March 13 and received strong demand across investor categories. The issue was subscribed 13.74 times by the final day of bidding.
Suzlon Energy has a 2.2 GW worth of installed capacity in the state of Maharashtra, in which, it has market share of close to 38%.
With these wins, Kalpataru Projects has surpassed its annual order intake target of ₹26,000 crore, the company’s MD and CEO Manish Mohnot said.
HDFC Bank said the Governance, Nomination and Remuneration Committee (GNRC) had directed an internal investigation under its conduct regulations. The probe officer submitted findings to the disciplinary committee, and after discussions recommended staff accountability actions to the GNRC.
The RoDTEP scheme was introduced in 2021. It aims to reimburse embedded duties and taxes that are not refunded otherwise under the existing mechanisms. This helps exporters remain competitive in global markets.
According to CLSA, ONGC has been the worst-performing exploration and production (E&P) stock globally since the onset of the ongoing war, as investors remain concerned about the possibility of a fresh windfall tax.
Crude oil prices, meanwhile, edged higher on Tuesday after declining 10% in the previous session. Higher crude oil prices are a negative for paint companies, as crude derivatives form a key component of their raw material costs.