The fourth quarter earnings season is gaining traction, with numerous companies set to announce their results on Monday. Ultratech Cement is anticipated to reveal a strong operational performance, driven by volume growth and stable margins. Revenue is projected to increase by 12% year-on-year, while profit is expected to rise by 8%.
Lenders may turn to OFCB route to raise more funds abroad
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an