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It is hard to keep an Adani company and the capital market away from each other for too long. After listing seven of its companies, including Adani Wilmar, Adani group may be all set to list its NBFC arm, Adani Capital also on the bourses. However, t
It could be the biggest news on the green hydrogen story in India. ReNew Power, the company headed by the redoubtable Sumanth Sinha, has just inked a preliminary agreement with the Egyptian government under which ReNew Power will invest a sum of $8 b
It is said that stock splits are normally value neutral. It does not make a difference whether you hold 5 shares of par value 10 or 50 shares of par value 1. The net impact on value is still zero. However, the value of the company does get influenced
On 28th July 2022, Bajaj Holdings and Investments Ltd announced its quarterly results for the first quarter of FY2023. Q1FY23 Key Highlights: - The company reported its total income at Rs. 104.24 crores with a decline of 5.7 YoY. - P
On 28th July 2022, Jubilant Foodworks announced its quarterly results for the first quarter of FY2023. Q1FY23 Key Highlights: - During the quarter, Revenue from Operations of Rs. 12,403 million increased 41.1 versus the prior year and a 7.1 s
On 28th July 2022, Nestle India announced its quarterly results for the first quarter of FY2023. Q1FY23 Key Highlights: - During the quarter, Revenue from Operations of Rs. 8017.27 crores increased 13.11 YoY - PBT stood at Rs. 1506.59 crore
On 28th July 2022, Punjab National Bank announced its quarterly results for the first quarter of FY2023. Q1FY23 Key Highlights: - Total Income of the Bank for Q1FY’23 was at Rs. 21294 Crore. - Operating Income of the Bank for Q
On 28th July 2022, SBI Life Insurance announced its quarterly results for the first quarter of FY2023. Q1FY23 Key Highlights: - Profit after Tax (PAT) grew by 17.49 to Rs. 2.6 billion for Q1FY23. - VoNB increased by 130 to Rs. 8.8 bi
Amidst widespread buying, the Sensex and Nifty50 rise by 1, with Infosys, Reliance, and TCS contributing the most gains. Early on, there was a lot of purchasing in the important index prices, and the major equity indices went strongly higher. Nif
It looks like the cup of woes for SpiceJet is overflowing with more problems on hand. In the latest development, the Directorate General of Civil Aviation (DGCA) instructed SpiceJet to operate only 50 of its flights over the next eight weeks till th
There seems to be a subtle shift happening in the BPCL story. Till about a couple of months back, the government went all out to exit its 52.98 stake in BPCL. However, with the plan not working out, it has decided to make fresh investments in the co
On 27th July 2022, Colgate Palmolive announced its quarterly results for the first quarter of FY2023. Q1FY23 Key Highlights: - The company reported its net sales at Rs. 1186.59 crores with a growth of 2.48 YoY. - Profit before tax wa
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