Category: Stocks

A consortium of Adani Ports and Special Economic Zone (APSEZ) and Israel’s Gadot Group won the tender in July last year to privatise the Port of Haifa for a staggering USD 1.18 billion. PTI January 31, 2023 / 02:02 PM IST Adani Group The Adani Group’s entry into Israel through its strategic acquisition of the […]

The Economic Survey 2023 which was tabled in the Rajya Sabha on January 31 noted that the occupancy rate in hotels last year saw full recovery and reached average pre-pandemic level of 2019-20. The survey added that there are improvements in metrics including occupancy rate, Average Room Rate (ARR) and Revenue Per Available Room (RevPAR) […]

The Economy survey for 2022-23 has projected India’s GDP growth for the next fiscal 2023-24 in a range of 6-6.8 percent. Finance Minister Nirmala Sitharaman tabled the Economic Survey 2022-23 in the Parliament on January 31, a day ahead of Union Budget which will be presented by her on February 1. The Survey for 2022-23 […]

Economic Survey 2023: India’s G20 presidency is a chance for the travel and tourism industry to promote the country as a major tourism destination A traveller at an airport. (Image: Representative AFP) The tourism sector is showing signs of revival after two years of Covid-induced challenges, the Economic Survey 2023, which was tabled in Parliament by […]

Land mapping surveys using drones are being conducted through the Union Government’s Survey of Villages and Mapping with Improvised Technology in Village Areas (SVAMITVA) scheme, which was launched in 2020. Over 1 crore property cards have been prepared with the help of drones for 65,000 villages (Representative image) Land mapping surveys using drones have been […]

The tentative approval by the United States Food and Drug Administration (USFDA) has been granted under the President’s emergency plan for AIDS relief (PEPFAR), Lupin said in a regulatory filing. PTI January 31, 2023 / 12:49 PM IST Lupin ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < […]

The key factor to be keenly watched is how best the government manages to stay on the fiscal consolidation path while spurring demand and boosting growth Growth can only happen if the budget sticks to the fiscal consolidation road map, thereby not exerting pressure on interest rates, yet providing impetus to areas that can propel […]

A round-up of the biggest articles from newspapers A round-up of the biggest articles from newspapers 1. Adani stocks continue to be pounded for third straight session, flagship firm rises The hammering of several Adani group stocks continued for the third consecutive day, with trading in some scrips halted as they hit circuit breakers, although […]

Led by Asia’s richest man Gautam Adani, the Indian group has locked horns with Hindenburg Research and on Sunday hit back at the short-seller’s report of last week that flagged concerns about its debt levels and the use of tax havens. Reuters January 31, 2023 / 06:34 AM IST Gautam Adani. Most Adani Group shares […]

The high-value, high-margin product portfolio likely to help the company outperform the industry The stock price and the financial performance of Sona BLW Precision Forgings Ltd (SBPFL) had been under pressure. PRO Only Highlights–  Quarterly performance largely backed by improved realisations–  Medium-term triggers China plus and protectionist measures for tyre industry–  Valuations not inexpensive; but […]

Contour’s network uses decentralised technology (blockchain) to bring together companies, banks and ecosystem partners, onto a trusted network, to help create a streamlined digital trade finance workflow, a statement said. PTI January 30, 2023 / 10:54 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ […]

The Tata group-owned airline’s announcement also comes against the backdrop of at least three incidents of unruly passenger behaviour on two international flights last year, for which aviation regulator DGCA had imposed penalties on the carrier for certain reporting lapses. PTI January 30, 2023 / 01:09 PM IST An Air India aircraft. Air India on […]

The company has acquired Disperzyme, Disperzyme-CD and Phlogam as part of the deal. PTI January 30, 2023 / 01:28 PM IST Sun Pharmaceutical Industries ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ // $ (‘#greentxt_’+articleId).removeClass(“greentxt”).addClass(“redtxt”); // $ (‘.arw_green’).removeClass(“arw_green”).addClass(“arw_red”); //} if(resData[stkKey][‘percentchange’] >= 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); […]

The leak claims that the 128GB variant of the base Galaxy S23 will use UFS 3.1 storage, while the Galaxy S23+ and Galaxy S23 Ultra will use faster, UFS 4.0 NAND storage Samsung is all set to unveil its next flagship phones at the Galaxy Unpacked event, scheduled for February 1 (File image of Samsung’s […]

A consortium of Adani Ports and Special Economic Zone (APSEZ) and Israel’s Gadot Group won the tender in July last year to privatise the Port of Haifa in Israel for a staggering USD 1.18 billion. PTI January 30, 2023 / 03:12 PM IST Israeli Prime Minister Benjamin Netanyahu (File image: Reuters) Prime Minister Benjamin Netanyahu […]

The company’s product Zidavi is a novel combination of ceftazidime & avibactam and is indicated for various ailments like complicated urinary tract infections. PTI January 30, 2023 / 02:03 PM IST Alkem Laboratories ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ // $ (‘#greentxt_’+articleId).removeClass(“greentxt”).addClass(“redtxt”); // $ […]

The company in a statement said it has forayed into Ahemdabad market and has taken over 56,000 square feet of office space on lease at Nehru Nagar in Ahmedabad. PTI January 30, 2023 / 12:33 PM IST Representative image. Smartworks, which provides flexible office space, has taken on lease 56,000 square feet area in Ahmedabad […]