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January 17, 2024
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HDFC Bank The private sector lender reported a 34% year-on-year (YoY) growth in net profit for the December quarter to Rs 16,372 crore. Indigo Paints American investment firm Smallcap World Fund, Inc has sold partial stake in Indigo Paints through the open market on Tuesday for Rs 104 crore. L&T Tech Mid tier IT services company L&T Tech reported net profit of Rs 336 crore for the quarter ended December, which was up 13% compared with Rs 297 crore in the same quarter last year. ICICI Lombard ICICI Lombard reported net profit of Rs 431 crore for the quarter ended December, which was up 22% year-on-year. Ultratech Cement Ultratech Cement has incorporated a wholly-owned subsidiary viz Letein Valley Cement, which will carry on the business of mining of limestone and other raw materials, manufacture and sale of cement. TV18 Broadcast TV18 Broadcast reported a net loss of Rs 12 crore as against a profit of Rs 42 crore a year earlier. Revenue from operations declines 5% to Rs 1,676 crore. PNC Infratech PNC Infratech has received a letter of award (LoA) for a project worth Rs 1,174 crore from MP Road Development Corporation (MPRDC)

HDFC Bank The private sector lender reported a 34% year-on-year (YoY) growth in net profit for the December quarter to...

January 16, 2024
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FITCH: INDIA’S RATING IS UNDERPINNED BY A ROBUST MEDIUM-TERM GDP GROWTH OUTLOOK AND SOUND EXTERNAL FINANCES FITCH: INDIA IS POISED TO REMAIN ONE OF FASTEST-GROWING COUNTRIES GLOBALLY IN NEXT FEW YEARS FITCH ON INDIA SAYS BEYOND FY24 THERE IS LESS CERTAINTY ON FISCAL PATH AND TRADE-OFFS BETWEEN ECONOMIC GROWTH AND CONSOLIDATION MAY BECOME MORE ACUTE

FITCH: INDIA'S RATING IS UNDERPINNED BY A ROBUST MEDIUM-TERM GDP GROWTH OUTLOOK AND SOUND EXTERNAL FINANCES FITCH: INDIA IS POISED...

January 16, 2024
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Msrket Negative Today

Global IndicesGIFT Nifty: 21710 +11Hangseng: 16097 -93Dow: 37695 +171S&P 500: 4783 +27Nasdaq: 14969 +112USD / INR: 82.98Brent Crude: 76.72GOLD: 2027.62FII...