India Inc's July-Sep revenue growth seen at 16-quarter low of 5-7%
Crisil says it is due to stagnant performance in the construction vertical, which accounts for a fifth of India Inc's revenue.
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Govt raises minimum wage for workers in unorganised sector
After revision, minimum wage rates for workers in construction, sweeping, cleaning, loading and unloading for unskilled work will be ₹783 a day (₹20,358 per month)
L&T secures order for Amaala project in Saudi Arabia; stock hits new high
L&T shares touch a fresh all-time high of ₹3,548 on the BSE today on the back of sustained rally; zoom nearly 48% so far this month
1 out of 5 MSMEs to see stretch in working capital requirements in FY24: CRISIL
The debt requirement for the MSME sector is estimated at over ₹100 lakh crore, of which around 70% is for working capital requirement, says the report.
Stainless steel demand likely to grow 9% in next three fiscals: Crisil
Sector’s capital expenditure is set to rise, but credit profile of domestic stainless steel manufacturers are expected to remain healthy in FY24, says Crisil
This stock surges 11% intraday; brokerage sees 239% upside over next 30 months
Domestic brokerage Ventura has initiated coverage on this midcap stock with a “BUY” for a target price of ₹729.2, a potential upside of 239% over the next 30 months.
This smallcap stock hits all-time high, surges 50% in a month; do you own it?
The construction and services firm has rallied 12% in two sessions after it bagged orders worth ₹6,163 crore from Adani Group.
Billionaire Pallonji Mistry passes away at 93
Pallonji is survived by his wife Patsy, daughters Laila Rustom Jehangir, Aloo Noel Tata, sons Shapoor Mistry and Cyrus Mistry.
Rakesh Jhunjhunwala raises stake in this infra stock; do you own it?
The ace investor has increased stake by 0.72% in the infrastructure company through his wife Rekha Jhunjhunwala's portfolio.
Taking Stock of Capex
Government's bet on infrastructure is pepping up capital goods, construction, cement, metals and banking stocks.
