Unwarranted stoppages of trucks by police, RTO pushes logistics cost: Report
Giving the feedback to the ministry on ways to improve logistics efficiencies, industry in Assam has stated that there were cases of theft and pilferage of goods in transit on state highway connecting Assam with Kolkata. They have cited that “unwarranted stoppages of commercial vehicles by the traffic police cause delays in cargo delivery,” the […]
India is the bright spot on the dark global horizon: IMF MD Kristalina Georgieva
“India deserves to be called a bright spot on this otherwise dark horizon because it has been a fast-growing economy, even during these difficult times, but most importantly, this growth is underpinned by structural reforms,” Georgieva said.
India’s refined palm oil imports jump 2.7 times in last 11 months
The country had imported 6.28 lakh tonne of refined palm oil (RBD palmolein) in the year-ago period. The oil year runs from November to October, it said. India, the world’s leading vegetable oil buyer, imported 130.1 lakh tonne of vegetable oils during the November-September period of the ongoing 2021-22 oil year, 4 per cent higher […]
Nifty making lower highs for last 5 sessions. What investors should do on Friday
Nifty has been consistently taking support near its 200-DMA at 16,950, while facing strong resistance at 17,150. Now, it has to hold multiple support of 16,950 zones for a bounce towards 17,117 and 17,171 zones, whereas supports are at 16,950 and 16,888 zones, said Chandan Taparia of Motilal Oswal.
Cement Sector Q2 preview: Weak quarter due to monsoon
Revival of retail and institutional demands on the back of receding monsoon and pick up in construction activities owing to lower prices of building raw materials are likely to aid cement companies going ahead
This FMCG player rallies after its Ethanol project announcement
The proposed project is likely to incur a cost of Rs 2,250 crore to the company, with an estimated annual revenue projection of Rs 3,500 crore
Tanla Platform fixes record date for share buyback, stock rallies 11%
The company has proposed a buyback of 14,16,666 fully paid-up equity shares of the face value of Rs 1 each at Rs 1,200 per share through the tender offer process
Muhurat Trading Picks: 9 stock ideas for long-term wealth creation
Ahead of the beginning of Samvat 2079, the Hindu calendar year, domestic brokerage Axis Securities said the Indian equity market will likely outperform led by favourable macroeconomic factors and better-than-historical fundamentals of Indian corporates.The brokerage firm believes housing and banking will be major themes to watch out for in 2023 on account of their improved […]
Chart Check: This engineering & construction stock could rally 50% in next 6 months; time to buy?
The stock hit a fresh record high of Rs 461 on 12th October and most technical indicators suggest a possible uptrend to continue that could take the stock towards Rs 650 levels which translates into an upside of over 50 per cent, suggest experts.
Can Infosys Q2 results and buyback revive the stock? Here’s a bit of history
In December 2017, Rs 13,000 crore share buyback was done through the tender offer route. 2019’s share repurchase worth Rs 8,260 crore was through the open market route. The last buyback was in 0ctober 2021 which was also through the open market route and sized at Rs 9,200 crore.