Tata Motors PV shares in focus after mixed Q1; higher costs, FX loss drag margins
The domestic passenger vehicle business continued to see strong volume growth. Volumes increased 46% YoY, although they declined 9% sequentially.
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Asian stocks rise as Kospi, Nikkei rally on hopes of US Fed rate cut hold amid cooling inflation
Thursday’s US producer price index data showed wholesale inflation cooling more than expected, with the annual pace easing to 4.7% from 5.5% in June, reducing the odds of a September rate hike to below 40%.
SEBI proposes mandatory colour-coded Credit Risk-o-Meter for debt securities
The proposal seeks to translate existing alphanumeric credit ratings such as AAA, AA+ and BBB- into a standardised, colour-coded visual scale. SEBI said the tool is intended to simplify risk evaluation, enable investors to compare debt securities and align investments…
IRCTC, Rail Vikas Nigam, Apollo Hospitals, Page Industries: Top management takeaways investors need to know
As earnings season comes closer to its end, management teams are offering fresh clues on growth, demand and expansion plans. From Apollo Hospitals’ aggressive capacity addition and IRCTC’s tourism push to Page Industries’ margin outlook and Rail Vikas Nigam’s order…
Proxy advisers are changing how shareholders vote in India. Is the rulebook keeping up?
Proxy advisers are gaining influence over shareholder votes and company boards. India has regulated them differently from the US, but some gaps in oversight remain.
Apar Industries raises ₹2,500 crore through QIP; check the list of allottees
Shares of APAR Industries Ltd ended at ₹17,225.00, down by ₹789.95, or 4.38%, on the BSE.
JSW Cement swings to Q1 profit of ₹161 crore as revenue rises 22%
The cement maker returned to profit after a year-earlier quarter was hit by a ₹1,466 crore exceptional charge, though operating profit and margins declined.
Brigade Enterprises Q1 profit jumps 34% on higher realisations, stronger mall sales
Shares of Brigade Enterprises Limited ended at ₹586.90, down by ₹5.95, or 1.00%, on the BSE.
Market Pulse: Key triggers to watch before the August 14 trading session
As the market winds down for the week, Indian investors will track Wall Street cues, with the S&P 500, Nasdaq Composite and Dow Jones Industrial Average gaining as lower oil prices supported sentiment amid concerns over weaker oil demand. US…
SBI raises $500 mn by issuing bonds to overseas investors
State Bank of India, acting through its London branch, has raised $500 million by issuing bonds at a coupon rate of 5.25%. The bonds will be listed on SGX-ST, India INX and NSE-IX, SBI said in a statement on Thursday.