Abhay Soi, MD & CEO of Max Healthcare, discusses the impact of higher taxes on profitability, emphasizing the shift from EBITDA to free cash flow. He highlights the growth in revenues and EBITDA but a decline in net profit, attributing it to increased tax payments.
Sensex surges 600 points, Nifty above 24,350. 7 key factors behind today’s D-Street rally
Indian stock markets surged on Friday, with Sensex and Nifty climbing over 0.8% each. This rally was fueled by a calmer Middle East situation and