Profitability of cement makers to improve in Q4: India Ratings
Cost escalations, which the sector has been experiencing since the start of 2022, persisted during the second quarter.
Cost escalations, which the sector has been experiencing since the start of 2022, persisted during the second quarter.
Bain & Company expects 35-40% of all vehicles sold in India by 2030 to be EVs, up from 2% in 2022.
Revenue of the pharma company rose 15% year-on-year to ₹5,437 crore in the fourth quarter.
The IT firm skips revenue guidance for the April-June quarter amid low visibility on future business due to the coronavirus pandemic.
India’s largest carmaker posted a net profit of ₹1,565 crore and revenue of ₹20,707 crore in the December quarter.
India’s top private sector lender reported a 158% year-on-year increase in profits, aided by a one-time gain from the Essar Steel resolution.
The Bengaluru-based IT major has increased its FY20 revenue forecast to 10%-10.5%; company’s board says whistleblower complaints against CEO and CFO “are substantially without merit.”
Data reveals that the loss-making and NPA-heavy public sector banks have serious efficiency issues.
The housing finance company says recent developments may raise doubts about its ability to continue as a going concern.
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