JSW Steel has entered into a share purchase agreement to acquire 100% equity shares of thyssenkrupp Electrical Steel (tkES) through a 50:50 joint venture with Tokyo-headquartered JFE Steel for Rs 4,051.4 crore, the Sajjan Jindal-led steel company announced to the exchanges on Friday evening. The acquisition will be executed through Jsquare Electrical Steel Nashik, a
Tata Consumer on Friday beat Street estimates, reporting an almost 8% increase in net profit for the quarter ended September 2024 (Q2FY25) to Rs 364 crore, compared to Rs 338 crore in the same period last year. Analysts polled by Bloomberg had projected a net profit of Rs 343 crore for the quarter under review.
The recent reduction of over 20% in the allocation of Administrative Price Mechanisms (APM) gas to city gas distribution companies by GAIL India is expected to result in an increase in the prices of CNG (Compressed Natural Gas), as per analysts. As communicated by Indraprastha Gas and Mahanagar Gas, the government has decided to cut
India’s merchandise exports in the first half of FY25 rose at a modest rate of 1%, owing to slowdown in global demand, decline in oil prices, higher logistics costs for exporters, and of course, declining competitiveness in certain segments. The outlook for the second half is however of slight improvement, even as the current external
Top restaurateurs have voiced their concerns regarding the entry of food delivery aggregators like Zomato and Swiggy into private labelling and the dining-in business. At a town hall organised by the National Restaurant Association of India (NRAI) on Wednesday, industry leaders alleged that ventures such as Zomato’s Bistro and Swiggy’s Snacc are drawing customers away
Go to Live UpdatesHDFC Bank Share Price Today Live Updates, 23 Jan, 2025: The HDFC Bank share is in news and the counter closed trade on 22 Jan, 2025 at Rs 1665.05. The shares touched an intraday high of Rs 1671.85 in the last trading session while the intraday low was at Rs 1625.30. The
Go to Live UpdatesAdani Green Energy Share Price Today Live Updates, 23 Jan, 2025: The Adani Green Energy share is in news and the counter closed trade on 22 Jan, 2025 at Rs 1030.95. The shares touched intraday high of Rs 1044.4 in the last trading session while the intraday low was at Rs 1007.15.
Gold and silver prices are closely watched by many in India, whether for buying jewelry, making investments, or keeping track of market trends. These prices fluctuate daily, influenced by factors such as global market trends, the performance of the rupee against the dollar, and seasonal demand, especially during festivals and wedding seasons. Here’s a look
Nuvama is Cautious in ITC. This is because of continued concerns in the FMCG segment and the market anticipating a potential hike in cigarette tax, albeit to a small extent. Here is how it could alter business valuations and listing plans for ITC Hotels. Brokerage firm Nuvama is cautious on ITC in the near-term. Though
