The company is acquiring Curatio Healthcare at 6.9 times FY 23 estimated sales and 23 times operating earnings
Revenue at the aircraft manufacturing unit is set to gain pace as HAL begins delivery of the Tejas Mark 1A light combat aircraft
The markets are in an oversold territory and certain sectors can now witness a quick pullback, say experts
The harsh crackdown on moonlighting comes after FY22 saw highest employee additions by IT companies in a decade. Profit margins may smile as a result
We believe, in the need for better nutrient mix, demand CAGR for complex NPK products will surpass urea
Products such as injectables and inhalers that were to give an edge to companies' US portfolio are seeing more competition
Technology is a key focus area for all companies in this field, with an emphasis on meeting the needs of the three stakeholders: clients, relationship managers, and back office
Despite a sharp fall in 2022, midcap IT stocks are still trading at a significant premium to historic valuations
Structural improvement in margins and earnings of Yes Bank will take time despite several near-term positives
Private life insurers reported 8.9 percent on year growth in individual APR and 17.6 percent y-o-y growth in total APE in August 2022. Total APE growth for LIC was lower at 12.5 percent on year but its YTD growth was higher than that of the industry
Narayana Hrudayalaya is acquiring an orthopaedic and trauma hospital in Bengaluru for Rs 200 crore, adding capacity at an existing location
Renewable energy is one of the strongest growth vectors in power and proliferation of electric vehicles in India also presents a huge opportunity
The company says it is confident of achieving 12-14 percent revenue growth in the current fiscal year
RRL’s aggressive expansion is unlikely to have major impact on listed players in many categories in the retail space. Some categories (apparel and footwear) may see impact but only in the long run. We continue to remain positive on the retail sector
That the worst of raw material inflation is behind them was known, but a global slowdown and a related dip in commodity prices may bring more good news
The company plans to invest Rs 3,000 crore per annum on an average in the next five years, up from Rs 2,000 crore in FY22
Growth momentum picks up, primarily driven by rising volume from increased penetration coupled with favourable demographic profile
Indian IT's traditional hunting ground for revenue is seeing sentiment drop as businesses in the US and other Western markets ready for a slowdown. A new business opportunity at home offers hope
As demand for thermal power revives, NTPC sees scope to build additional capacities at existing sites and moves towards tactical utilisation of older power plants
Sensex was up 0.10 percent and Nifty was up 0.21 percent. Small cap indices added 0.3 percent. Sectorally, capital goods, metal, power and PSU Bank indices added 1 percent each. Watch the video to catch more about today's market action.
Lack of brand differentiation means companies will have to compete on price and domestic producers can be at disadvantage in certain situations
As efforts to raise prices are meeting with limited success IT companies are moderating salary costs, their biggest expenditure component
Higher food prices may benefit farmers but they face a challenge on the crop output front, as uneven rainfall patterns pose a threat to kharif 2022 season
Dreamfolks Services' has set a price band of its initial public offering at Rs 308-326 a share.
The cotton output had dropped sharply to 6.45 lakh bales in the last 2021-22 season due to the pink bollworm insect attack against more than 10 lakh bales in the previous year.