“We are not taking a call on ONGC for three years, we are taking a call only for the period it is going up. Done with the rally, take the benefit and move on.â€
Welspun Corp Ltd. key Products/Revenue Segments include Welded Pipes, Scrap, Export Incentives and Other Operating Revenue for the year ending 31-Mar-2021.
While gains in consumer prices are, for now, within the Reserve Bank of India’s 2%-6% target range, the core measure -- which strips out the volatile food and energy components -- is expected to stay sticky around the 6% mark at least for the next six months, according to Deutsche Bank AG.
Market research firms have put Indians among the biggest users and holders of cryptocurrency. Several cryptocurrency exchanges – which allow you to trade in cryptocurrency, and even use them to purchase goods & services – have emerged in India, and most are doing phenomenal business.
Piramal Enterprises Ltd., incorporated in the year 1947, is a Large Cap company (having a market cap of Rs 69748.27 Crore) operating in Diversified sector.
The offshore shareholder, which owns 17.88% stake in the company, is seeking the tribunal’s intervention to direct the board of ZEE to hold an Extraordinary General Meeting (EGM) to remove the MD and CEO Punit Goenka from the board and induct six new independent directors.
In a hearing on Tuesday the Delhi NCLT granted interim moratorium and confirmed Reshma Mittal as resolution professional (RP) in a petition filed by lead lender State Bank of India (SBI). The RP will now verfiy the details of the case ane seek a final nod from the NCLT to start prosecution.
"Higher global energy prices, including oil, present an upside risk to the inflation trajectory over the coming months. Greater pass through to pump prices - in the absence of any reduction in excise duties - electricity and other input costs could lead to a more broad-based increase in inflation," HDFC Bank economist Sakshi Gupta said.
Cash-strapped Vi, under a debt of ₹1.9 lakh crore and with ₹920 crore cash balance at June end, received a lifeline recently when the government decided to offer a four-year moratorium on spectrum and adjusted gross revenue (AGR) dues, as part of a relief package.
With governance in sharp focus at India Inc, corporate boards and top management may find it tougher to push their agenda if not aligned with wider interests of all shareholders. Empowered investors are increasingly voicing concerns on a spate of controversial issues, ranging from compensation, appointments and related party transactions, ending the era when AGMs were considered just a regulatory tick-box item, and most resolutions sailed through.
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