Domestically, high frequency data seems to indicate continuing pick up in industrial activity. Markets expect rising gross margins for consumption-oriented companies from Q1 FY24 onwards, thanks to moderating inflation data.
Vodafone Idea approves Rs 20,000 cr fundraise plans in a fight for survival
Vodafone Idea’s board has approved raising up to Rs 20,000 crore through equity and debt to strengthen its financial position. The capital infusion aims to