According to the postal ballot notice, the company will raise up to ₹1,524.60 crore by preferential issue of up to 46.20 crore equity shares and/or warrants convertible into equivalent number of equity shares at a price of ₹33 per apiece.
ACC Q2 results: Apart from revenue that rose 4% year-on-year, the cement maker saw a decline in earnings across parameters inlcuding profit, operating EBITDA and margin.
The Founder and Partner of Demeter Advisors is cautious about broad consumer plays, he remains invested in select consumer names, particularly in the tobacco sector.
Richard Harris, Executive Director of Port Shelter Investment Management cautioned that while India’s growth is evident, it may still struggle to stay on its current path if other parts of the world slow down.
Provisions for Q2 stood at ₹151 crore, compared to ₹110 crore QoQ and ₹47 crore YoY.
From Colgate-Palmolive’s commentary on ‘difficult market conditions’ to Nestle India MD talking about a ‘shrinking middle class’, this is all that top FMCG bosses and companies spoke about the demand scenario on ground.m
TCS Share Price | Through this collaboration, India’s largest IT services company will develop industry-specific solutions and offerings for its customers, under its AI.Cloud business unit.
The heads of SEBI and TRAI were earlier expected to appear before the Public Accounts Committee of Parliament on October 24, sources said.
Aurionpro Solutions informed the bourses that the implementation of iCashpro+ will enhance corporate banking services by streamlining digital payments, virtual accounts, and liquidity management for the bank’s clients.
The CLSA chartist sees upside targets of ₹2,500-plus for HDFC Bank, provided it holds above its range breakout on a sustained basis.