Category: Stocks

With 2022 being an admittedly a slow year, Spencer said the team would do better and promised a more exciting 2023 for Xbox fans Microsoft began 2023 with a digital event called “Developer_Direct” where they showed gameplay from major upcoming games like Redfall, Minecraft Legends and Forza Motorsport. (Representative Image Courtesy: Microsoft) Xbox head Phil […]

January 28, 2023 / 04:14 PM IST Budget 2023: Rejig of tax slabs to be expected in Budget 2023 -The Finance Minister might rejig the tax slabs in the upcoming Union Budget of 2023, which may hint of a gradual movement towards an exemption-less tax regime in future. -Multiple experts have demanded the inclusion of standard […]

January 28, 2023 / 02:39 PM IST We need to have a budget which is much more focused on capital investment and infrastructure investment: USISPF CEO -India is the chair of the G20, India is the fastest growing economy in the world today and there is a global disruption in supply chain. So that means […]

India is on the frontline of the geopolitical conflict — We need a budget to reflect that fact Dear Reader, I do hope the Union Budget 2023 will not be a business-as-usual one. Nor should it be, God forbid, a populist one. The finance minister’s speech needs to go beyond the mere numbers, the accounting […]

January 28, 2023 / 10:41 AM IST Budget 2023: This Union Budget saw ‘Halwa’ ceremony returnAs pre-Budget preparations reached the final stage, the ‘Halwa’ ceremony saw a comeback this year after being put on hold for the previous budget due to the COVID-19 pandemic. The annual ritual which heralds the Union Budget, saw Finance Minister […]

The exception given to Glenmark’s Baddi plant will be reconsidered if the market conditions change, the letter to the bourses stated. Pharma major Glenmark Pharmaceutical’s facility in Baddi, Himachal Pradesh, which was placed under import alert in October last year has been provided an exception which allows the company to supply Atovaquone Oral Suspensionto the US […]

VIP’s own-manufacturing strategy is positive for margins and the stock valuation is at a discount to the consumer universe 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 improved medium-term outlook Highlights Decent quarterly performance with good top-line growth […]

Tech companies hiring aggressively only to find themselves bloated and facing skills mismatches isn’t anything new. But go about layoffs compassionately January 27, 2023 / 11:39 AM IST Layoffs are a result of a few factors like long-term shift in trends and short-term pressures induced by certain macro-economic factors. (Representative image/Shutterstock) Layoffs at some of […]

The company plans to develop around 1,100 apartments in this residential project, DLF Group Executive Director and Chief Business Officer Aakash Ohri told PTI. PTI January 27, 2023 / 11:43 AM IST DLF Realty major DLF Ltd plans to launch a luxury housing project in Gurugram next month with an estimated sales revenue of around Rs 7,500 […]

Hindenburg Research has alleged that Adani Group was “engaged in a brazen stock manipulation and accounting fraud”, a charge the conglomerate described as malicious, unsubstantiated, one-sided, and having done with malafide intention to ruin its share-sale. PTI January 27, 2023 / 12:20 PM IST Adani Group The Congress on Friday demanded an investigation by the […]

Royalties are necessary but the present regulatory regime rely heavily on independent directors who aren’t sufficiently empowered to protect outside shareholders Royalty payments are a category of what are known in law as related party transactions. (Representative image) Royalty payments to the holding or group company for use of the latter’s intellectual property rights are […]

The NSE Bank Nifty Index extended declines of the previous session, underperforming broader stock benchmarks. Bank of Baroda and State Bank of India were among the biggest decliners. January 27, 2023 / 03:04 PM IST The Life Insurance Corp. of India headquarters in Mumbai. Photographer: Dhiraj Singh/Bloomberg Shares of Indian banks and Life Insurance Corp. […]

The model now comes with a 2.4-litre diesel powertrain mated with a five speed manual transmission across four trims. PTI January 27, 2023 / 01:09 PM IST Toyota Kirloskar Toyota Kirloskar Motor on Friday said it has commenced bookings for the updated version of its multipurpose vehicle Innova Crysta. The model now comes with a […]

JSP chairman Naveen Jindal and chairperson of JSP Foundation Shallu Jindal performed the Bhoomi Pujan and laid the foundation stone for Jindal Aarogyam Hospital on Thursday in the presence of local Chhendipada MLA Susanta Kumar Behera and Angul Municipality Chairman Akshaya Kumar Samant. PTI January 27, 2023 / 12:23 PM IST Hospital ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); […]

Higher contribution from value-added products and operating leverage along with price hikes will lead to recovery in earnings The December 2022 quarter results of Heritage Foods were below expectations. 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 improved medium-term […]

The Adani Group held the call with fixed-income investors after US short seller Hindenburg Research leveled a series of extraordinary allegations about the sprawling conglomerate. January 27, 2023 / 08:43 AM IST Adani Group Companies linked to Indian billionaire Gautam Adani plan a detailed response Friday to a short seller’s report that they labeled as […]