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28th Mar 2022
Everest Industries Ltd is one of India’s leading and fastest-growing complete building solutions providers. It commissioned its first factory in May 1934 at Kymore in Madhya Pradesh and by 1956 it had three more factories in Mumbai, Kolkata, and Po
Shiva Mills Limited is engaged in the business of manufacturing and marketing of Cotton Yarn. The company to take over the assets and liabilities of Spinning Unit I and certain windmills under the Scheme of Arrangement (demerger). The market cap of S
Subex Ltd. is a leading global provider of Business Support Systems (BSS) which helps communications service providers (CSPs) achieve competitive advantage through Business Optimization – thereby helping them to improve their operational efficiency
25th Mar 2022
Steel prices rose to an all-time high last year on solid demand, higher raw material costs, tight supply, and low steel supply-chain inventories worldwide. U.S. steel prices skyrocketed in 2021 due to demand-supply imbalance. The benchmark hot-
24th Mar 2022
Oil Marketing Companies raised retail auto fuel prices by Rs.0.8/liter, the hike comes after a duration of about 4.5 months and at a time when margins have trended deeply in the red in recent weeks following a rally in crude prices. The oil marketing
The prices of auto fuels were revised for the first time in over four months earlier this week. Polyethylene (PE), polypropylene (PP), and poly(ethylene terephthalate) (PET) – have not seen the steep rally witnessed in feedstock naphtha pr
India’s GDP growth was very strong in the last quarter of the calendar year 2021 (Q4CY21). On a seasonally adjusted basis, the GDP rose by 6.1% QoQ. Indian GDP is more than 6% above its pre-pandemic level, though it is still well below its implied
23rd Mar 2022
The US economy disregarded the impact of the rise in Omicron cases around the turn of the year. Consumer spending indicators recovered quickly after a slight correction in December 2021 and non-farm payrolls expanded by an average of 580,000 in Janua
The post-Covid recovery is being hit by potentially huge global supply-chain constraints that will reduce growth and push up inflation. The Russia-Ukraine war and economic sanctions on Russia have put global energy supplies at risk. Russia supplies a
22nd Mar 2022
UPI’s remarkable success on payments has put the limelight on progress being made on the next two frontiers: (1) Account Aggregator (AA) which is the data-sharing layer (2) open credit enablement network (‘OCEN’) which is the cr
With the ongoing challenges by the increase in raw material prices and supply-chain disruptions which are leading to the higher cost of production, there are possibilities for the pharma companies to increase the prices in the domestic market, with h
Since the introduction of the Emergency Credit Line Guarantee Scheme (ECLGS) which incentivizes MLIs to provide additional credit to MSMEs to meet their operational liabilities and restart the smooth functioning of their businesses, 11.5 million MSME
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