Nomura on IT Buy Call On Tech Mah In Large-caps Buy Call On Coforge, Birlasoft & eClerx In Midcaps Reduce Call On TCS, WPRO, LTIMindtree, L&T Tech & Mphasis Accenture Cuts FY24 Revenue Growth Guidance Cut To +1-3% Y-Y Guidance Cut On Delayed Decision-Making & Weak Discretionary Spends Retain Cautious Stance As Discretionary Revival Still … Read more
Time Technoplast has received an approval from the Petroleum and Explosives Safety Organization (PESO) for the manufacturing of High Pressure Type-IV Composite Cylinder, Prototype, for Hydrogen. “The authority has advised us to manufacture first lot of cylinders for its joint testing and inspection. The testing of one per cent lot of cylinders will be completed … Read more
The Centre has granted its approval to insurance major LIC for a wage revision for its employees, effective August 1, 2022. The pay has been revised upwards by 17 per cent. The US has widened its investigation of Adani Group to focus on the conduct of its founder, Gautam Adani, and whether the company may … Read more
ITC: British American Tobacco, the largest public shareholder of the company, has launched a block trade to offload up to a 3.5% stake in the company for over Rs 17,482 crore. * Vedanta:* The Securities Exchange Board of India ordered the company to pay Rs 77.62 crore to Scottish explorer Cairn for delay in payment … Read more
The provided information outlines key factors that will likely influence Asian markets, providing a comprehensive view of the economic landscape and potential challenges in the Asia & Pacific region. Let’s delve deeper into the potential implications: 1. Impact of U.S. Employment Numbers: – Strong U.S. employment numbers are expected to have a positive impact on … Read more
● From Price Action Perspective: Weaker set of quarterly numbers from HDFCBANK, in addition to sharp spike in Dollar Index, has led to selling pressure on Bank Nifty, which ended 4.3% negative for the day. Nifty outperformed by falling 2.09% as the IT sector supported the index to an extent. Extensive Delivery based selling pressure … Read more
SEAMEC LIMITED : Company has entered into a Bimco Charter Party dated 1st December, 2023 with M/s. Zamil Offshore Services Company, Saudi Arabia for Charter Hire of our Vessel “Subtech Swordfish” for working in Kingdom of Saudi Arabia and UAE. Gabriel India Limited : Company had challenged the aforesaid receipt of an Assessment Order from … Read more
Tata Power: Tata Power Renewable Energy crossed the 1.4-gigawatt capacity of group captive projects in the last seven months, aided by the signing of power delivery agreements with various industries across segments. Adani Enterprises: Mumbai Travel Retail Pvt., a subsidiary of Adani Enterprises Ltd., has incorporated its wholly-owned subsidiary, MTRPL Macau Ltd., to set up … Read more
SBI: The state-run lender has raised Rs 10,000 crore through long-term infrastructure bonds at a 7.49% coupon rate. The proceeds from bonds will be utilised to enhance long-term resources for funding infrastructure and the affordable housing segment. SBI has outstanding long-term bonds worth Rs 39,718 crore with this issue. Reliance Industries: Unit Reliance Retail Ventures … Read more