Stocks to watch today: Infosys, MindTree will report September quarter (Q2FY23) results on Thursday, October 13; HCL Tech saw 7 per cent YoY rise in consolidated net profit to Rs 3,489 crore in Q2FY23
At the event attended by industrialists and CEOs, Banerjee pointed to the growth in agricultural output and said, "Similarly, we have to take care of industry and investment."
Stocks to watch today: TCS reported an 8 per cent rise in consolidated net profit to Rs 10,431 crore in Q2FY23; AU SFB re-appointed R V Verma as its non-executive chairman.
Deal to be a share swap, with issuance of 47.7 million APSEZ shares to the erstwhile GPL promoters; post-transaction, GPL will become a fully-owned subsidiary of APSEZ
The stock rallies of Gautam Adani's companies, which expanded his fortune at a pace that outran all other billionaires globally, is set for a reversal, according to a technical indicator
The Karaikal Port defaulted on Rs 2,960 crore loans and was taken up for insolvency proceedings in April this year by the Chennai bench of NCLT
Adani Ports and Special Economic Zone (APSEZ) on Thursday said it has incorporated a wholly-owned subsidiary Adani Aviation Fuels Limited (AAFL) to carry on the business of sourcing, transporting, supplying and trading of aviation related fuels. APSEZ in BSE filing said that AAFL will commenceits business operations in due course. "APSEZ incorporated a WOS namely, Adani Aviation FuelsLimited on 29th September, 2022 with an initial authorized share capital of Rs 5,00,000 and paid-up share capital of Rs 5,00,000 each to, interalia, carry onbusiness of sourcing, transporting, supplying & trading of Aviation related fuels,constructing, developing, managing, maintaining, building, equip, hiring of infrastructure related to the business within and outside India," it said.
Stocks of firms in Gautam Adani's business empire -- spanning ports to gas distribution and coal mining -- have jumped in part on soaring energy prices
The state government expects to create 25,000 direct jobs and over 100,000 indirect jobs through this port
Stocks to Watch Today: Oil related shares are likely to be in focus on Tuesday as the oil ministry sought a review of the windfall profit tax on domestically produced crude oil.
An announcement on Karan's appointment could come as soon as Friday, the people said. A representative for Adani Group declined to comment.
Stocks to Watch: State Bank of India (SBI) has clarified that it has not been identified as a nodal bank for handling Russia-related rupee transactions
SMPK said in a statement that the project would help increase the cargo handling capacity and also fast evacuation of cargo at Haldia Port
Today NSE Top Gainers and Top Loser, 9 Sept: Tech Mahindra rose by 3.4 percent, UltraTech cement falls by 1.97 percent. Read this detailed report on gainers and losers in National Stock Exchange
In Q1FY23, the company reported a record EBITDA of Rs 3,005 crore, up 11 per cent YoY on the back of revenue growth for the ports and logistics business
Sector experts feel the court has cleared the air on an issue which saw multiple stands from high courts across the country
The Adani Ports, which is building the transshipment port in Vizhinjam in Thiruvananthapuram, on Thursday filed a petition in the Kerala High Court seeking police protection from those protesting against the construction work. The Adani Group, in its plea stated that the ongoing agitation by fishermen was a threat to the life of its employees and the government was not taking any action in this regard despite representations made. It prayed for a court direction to the state government to provide adequate police security to the project. A large number of fisherfolks have been protesting outside the main entrance of the multi-purpose seaport, located at nearby Mulloor, since last week pressing their seven-point charter of demands including halting the construction work and to conduct a coastal impact study in connection with the multi-crore project. The protesters have been alleging that the unscientific construction of groynes, the artificial sea walls known as "pulimutt' in local
The aggressive expansion pursued by the Adani Group, led by Asia's richest person, has put pressure on its credit metrics and cash flow, CreditSights said
CLOSING BELL: Among sectors, the Nifty IT index slipped 0.9 per cent, while the Nifty Metal index advanced 1.6 per cent
The company's total expenses also increased to Rs 4,174.24 crore from Rs 3,660.28 crore earlier