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  • Cement sector to stage demand, earnings recovery: Brokerages Nov 28, 2022 09:27 AM IST

    Cement sector to stage demand, earnings recovery: Brokerages

    The cooling of fuel costs and the Union government’s construction spree in the run-up to the 2024 general elections are expected to help margins and volumes.

  • Global oil market flashes warnings as demand concerns spike Nov 25, 2022 03:46 PM IST

    Global oil market flashes warnings as demand concerns spike

    The premium of Oman futures over Dubai swaps fell below $1 a barrel on the Dubai Mercantile Exchange on Thursday. It’s plunged about 80% this month.

  • Rupee weakens on corporate dollar demand; premiums fall Nov 23, 2022 03:50 PM IST

    Rupee weakens on corporate dollar demand; premiums fall

    The rupee last traded at 81.8450 per U.S. dollar, compared with Tuesday's close of 81.6650. The local unit was in a narrow 81.75 to 81.8550 range during the session.

  • Rupee drops in line with Asian FX, corporate dollar demand seen Nov 16, 2022 03:59 PM IST

    Rupee drops in line with Asian FX, corporate dollar demand seen

    The rupee declined 0.25% to 81.2975 per dollar. It has shed nearly a percent from its high of 80.51 on Monday, with volatility gripping markets this week.

  • OPEC cuts oil demand outlook as it starts to curb production Nov 14, 2022 06:29 PM IST

    OPEC cuts oil demand outlook as it starts to curb production

    Due to a weaker economic backdrop and China’s strict anti-Covid measures, the Organization of Petroleum Exporting Countries lowered estimates for the amount of crude it will need to pump this quarter by 520,000 barrels a day, following a similar-sized downgrade a month ago.

  • SaaS firms brace for rough ride as macroeconomic conditions worsen Nov 10, 2022 01:32 PM IST

    SaaS firms brace for rough ride as macroeconomic conditions worsen

    While many investors still bat for the sector calling it “just another cycle of correction”, there is fear that valuations for SaaS companies will see sharper cuts as more layoffs and cost rationalization are on the cards.

  • Mother Dairy planning Rs 800 crore capex in 3-4 years, foresees positive demand momentum Nov 08, 2022 04:45 PM IST

    Mother Dairy planning Rs 800 crore capex in 3-4 years, foresees positive demand momentum

    Managing Director Manish Bandlish says some of the proposed plants will produce processed food items for the Safal brand and others will focus on milk and milk products. Company also looking at strengthening presence in Uttar Pradesh, Bihar and Maharashtra.

  • TVS Credit reports highest ever quarterly profit at Rs 96 crore in September 2022 on strong consumer demand Nov 04, 2022 04:45 PM IST

    TVS Credit reports highest ever quarterly profit at Rs 96 crore in September 2022 on strong consumer demand

    The company had reported a net profit of Rs 26.41 crore in the year-ago period. Total income during the July-September period of 2022-23 fiscal year rose by 46 per cent to Rs 962.34 crore, TVS Credit said in a release on Friday.

  • Latex prices slump as demand for gloves wanes amid drop in COVID-19 cases Nov 02, 2022 02:05 PM IST

    Latex prices slump as demand for gloves wanes amid drop in COVID-19 cases

    Prices of rubber latex, a key raw material for gloves, have fallen 40 to 50 percent over the past few months

  • Our large deal pipeline is robust and better than ever, says Tech Mahindra CEO CP Gurnani Nov 01, 2022 07:29 PM IST

    Our large deal pipeline is robust and better than ever, says Tech Mahindra CEO CP Gurnani

    Tech Mahindra has reported net deal wins of $716 million and remains cautious of macro uncertainty

  • Market Minutes | All you need to know ahead of the opening bell Oct 28, 2022 07:09 AM IST

    Market Minutes | All you need to know ahead of the opening bell

    In this edition of Market Minutes, Asha Menon talks about global brokerages’ view on India’s equity markets and on the sectors that they believe will be outperformers or laggards. Market Minutes is a morning podcast that tracks the risk-reward in stock markets by putting the spotlight on keys data points and developing trends

  • 'Certain level of uncertainty', but currently no slowdown in demand: Wipro CEO Delaporte Oct 12, 2022 09:35 PM IST

    'Certain level of uncertainty', but currently no slowdown in demand: Wipro CEO Delaporte

    Delaporte added that the nature of deals is shifting, but there stated that he hasn't seen a decline in the number of bookings

  • Infosys hits 16-month low as IT stocks slump under margin pressure Sep 22, 2022 12:20 PM IST

    Infosys hits 16-month low as IT stocks slump under margin pressure

    Accenture Plc, whose fiscal year ends August 31, will announce its fourth quarter earnings after Indian markets hours on Thursday.

  • Economy may enter a worldwide recession, says FedEx CEO Raj Subramaniam Sep 16, 2022 05:43 PM IST

    Economy may enter a worldwide recession, says FedEx CEO Raj Subramaniam

    The CEO's comment came after FedEx missed estimates on revenue and earnings in its first quarter.

  • Oil slumps below $85 for first time since January on demand fear Sep 07, 2022 07:36 PM IST

    Oil slumps below $85 for first time since January on demand fear

    US benchmark West Texas Intermediate sank below $85 while the global Brent benchmark fell below $90.

  • Airbnb witnesses surge in demand for offbeat destinations in India Sep 06, 2022 08:33 PM IST

    Airbnb witnesses surge in demand for offbeat destinations in India

    In India, the non-urban nights booked have increased by about 140 per cent when compared to the second quarter of 2022 (April-June) with the pre-pandemic second quarter of 2019, while non-urban long-term stays booked in India more than doubled, according to Airbnb internal data.

  • India's oil demand to rise 7.7% in 2023 Aug 17, 2022 03:48 PM IST

    India's oil demand to rise 7.7% in 2023

    India's demand for oil products is projected to rise from 4.77 million barrels per day (bpd) in 2022 to 5.14 million bpd in 2023.

  • India Inc banks on strong domestic demand to keep earnings momentum intact Aug 17, 2022 01:40 PM IST

    India Inc banks on strong domestic demand to keep earnings momentum intact

    Over the last year, demand trends in India have diverged as high inflation and unseasonal rain resulted in a compression in rural demand while reopening of urban areas led to a resurgence in urban discretionary demand

  • The odds are stacking up against farm input exporters Aug 10, 2022 09:23 AM IST

    The odds are stacking up against farm input exporters

    While inflation and currency volatility are exerting unforeseen costs, drought in Europe can weaken demand

  • Silver futures rise on spot demand Jul 28, 2022 02:51 PM IST

    Silver futures rise on spot demand

    On the Multi Commodity Exchange, silver contracts for September delivery gained Rs 1,596 or 2.91 per cent to Rs 56,440 per kg in 19,151 lots.

  • Tele-consulting platforms, e-pharmacies hit by tepid demand as pandemic boost wears off  Jul 28, 2022 06:13 AM IST

    Tele-consulting platforms, e-pharmacies hit by tepid demand as pandemic boost wears off 

    During the pandemic, e-pharmacies and online consultation platforms turned out to be lucrative businesses within health tech, which also includes at-home diagnostics, fitness and nutrition platforms, disease management and employee wellness services. 

  • Another quarter of pain ahead for FMCG, indicate biggies HUL, ITC Jul 25, 2022 01:49 PM IST

    Another quarter of pain ahead for FMCG, indicate biggies HUL, ITC

    FMCG companies have now pinned hopes on the monsoon, which could bring about revival in the rural economy and spur sluggish consumption.

  • Higher customs duty to hit gold jewellery demand this fiscal: Report Jul 20, 2022 04:46 PM IST

    Higher customs duty to hit gold jewellery demand this fiscal: Report

    Hike in customs duty on gold by 5 per cent to 12.5 per cent on June 30 is likely to result in flat revenue growth for gold jewellery retailers in the current financial year compared to the exceptional demand witnessed in the year-ago period.

  • Ideas For Profit | Shakti Pumps: Demand revival to rescue stock price post recent market correction? Jul 18, 2022 05:26 PM IST

    Ideas For Profit | Shakti Pumps: Demand revival to rescue stock price post recent market correction?

    Shakti Pumps, which was hit by low market demand led by Covid-19 issues and slow government capex, has once again started seeing recovery in demand. While the ongoing market correction dented the stock price, export business continues to improve, and domestic markets have also witnessed growth. MC Pro suggests holding the stock as it currently seems to be trading at reasonable valuations. Watch the video to know if you should invest at current levels.

  • Ideas for Profit | Thangamayil Jewellery: 25% correction in stock price offers a good entry point? Jul 14, 2022 08:41 PM IST

    Ideas for Profit | Thangamayil Jewellery: 25% correction in stock price offers a good entry point?

    Thangamayil Jewellery mentions in its annual report that June’22 quarter was its best ever quarter in history. While the stock has corrected by about 25 percent in the past six months, market share gains from unorganised players provides a huge growth opportunity. MC Pro recommends long-term investors to add the stock to their portfolio. Here's why!