Companies 2

Chart of the Day: India Inc’s balance sheet position best in a decade

The aggregate net debt to EBITDA ratio dropped to 1.2 times in FY24

Vedanta demerger gets approval from majority of creditors, including SBI: Official

New Delhi, Jun 6 Mining conglomerate Vedanta Limited has received approvals from the majority of its creditors for a proposed demerger of businesses, ma..

Why this private bank’s valuation remains a top draw

A moderation in the cost-to-income ratio, lower credit cost, and some uptick in interest margin are key factors that will drive growth

Government change in Andhra lifts hopes for United Spirits, alcobev companies

A change in government policy can help United Spirits resume direct sales in the Andhra Pradesh market

Stocks to ride new government formation

Business fundamentals and valuations have been the parameters used in the selection process

Why this consumption play has caught our attention now

There are several levers that will drive Safari’s growth going forward

IndiGo eyes lesser-known international destinations for next growth phase

IndiGo had originally planned to deploy 30% of its flying capacity - measured by available seats per kilometer - into international markets by 2030. Elbers said it will now meet this target sooner

What’s the Nifty upside in the Modi victory rally?

Given the possibility of market volatility, investors should buy the lows for a meaningful return

A slow opening of AI opportunities for investors in India

In the absence of AI-specific companies on Indian stock markets, investment opportunities are largely seen in IT services providers

Nvidia says its next-generation AI chip platform to be rolled out in 2026

The new CPU will be called Versa and the new graphics chips that are used to power AI applications will bundle next generation high-bandwidth memory that is made by the likes of SK Hynix, Micron and Samsung

Legacy issues behind us, PNB on right path to outperform its competition: MD Atul Kumar Goel

The bank intends to keep credit costs below 1 per cent during this financial year

Business in the Week Ahead: June 3-7

General election results, RBI interest rate decision, passenger vehicle sales and monsoon progress are the key events, data to track

How should you deal with the markets on poll verdict day?

Given our positive long-term view on Indian equities, irrespective of the poll outcome, we feel investors should add equities taking advantage of the volatility in the markets

Hero MotoCorp launches new generation Splendor+, price starts at Rs 82,911. Check other features

The next-gen Splendor boasts a 100cc engine offering 7.9 BHP @ 8000rpm and a max torque of 8.05Nm @ 6000 rpm.

IRCTC Q4 FY24 – Ticket expensive for a slow train

Earnings growth likely to be modest, going forward

DCM Shriram inks pact with ICT for R&D in chemical industry

The MoU was signed by ICT Mumbai Vice Chancellor Aniruddha Pandit and DCM Shriram Chemicals Chief Product Development and Innovation Officer Debabrata Rautaray.

Control Print: Why the stock weakness merits attention

The company’s balance sheet is healthy and the core domestic business is in fine form

Skoda Auto Volkswagen India manufactures over 1.5 mn vehicles at Pune facility

In addition to this, the engine shop at the Chakan facility produced more than 3,00,000 units of engines for the Volkswagen Group

KAL Airways, Kalanithi Maran to seek Rs 1,323 crore in damages from SpiceJet, Ajay Singh

The case dates back to early 2015, when Singh, who owned the airline earlier, bought it back from Maran after it was grounded for months due to resource crunch.

EaseMy Trip Q4 FY24 – not an easy trip anymore

Weakness in the core business and valuation remains elevated

GAIL's 10 MW green hydrogen plant in Madhya Pradesh inaugurated

It uses electricity produced from renewable sources such as the sun’s solar energy, to split water to produce green hydrogen

Reliance Industries seeks CCI approval for Viacom18-Star India merger

SIPL is engaged in a range of media activities, including TV broadcasting, motion pictures and operation of an OTT platform. It is a wholly-owned entity of US-based The Walt Disney Company (TWDC)

Aditya Birla Group surpasses $100 billion in market capitalization, outperforms benchmark indices

Grasim has seen its market cap double to over USD 19 billion in the last 3 years on the back of incubating and scaling new high-growth engines, the statement said.