New Delhi (IANS) ICRA expects the credit metrics of India Inc. to show slight sequential improvement in October-December quarter 2023-2024, with the interest coverage ratio increasing to 4.5-5.0 times in Q3 FY2024 from 4.5 times in Q2 FY2024. The interest … read more
New Delhi (IANS) India is the third-largest market in terms of cash market volumes and the largest market for equity derivatives. Surge in investor participation and sachetization of equity derivatives has lifted derivatives volumes to 20-30x that of developed markets, … read more
New York (IANS) Articles from liberal-leaning media have a more negative sentiment toward AI than articles from conservative media, new research has found. In other words, liberal-leaning media tend to be more opposed to AI than conservative-leaning media, according to … read more
New Delhi (IANS) Honasa Consumer Ltd, the parent company of direct-to-consumer (D2C) skincare brand Mamaearth, has posted Rs 29.4 crore in profit after tax (PAT) in the second quarter of FY24, an increase of 94 per cent from Rs 15.2 … read more
Chennai (IANS) Growing the market share steadily, filling up the gaps in its product portfolio with the launch of four heavy-duty trucks, commercial vehicle maker VE Commercial Vehicles Ltd will be closing this fiscal with a handsome topline growth, said … read more
Lucknow (IANS) Uttar Pradesh has emerged as the best Indian state in terms of inland pisciculture. The state will be awarded by the Union ministry of fisheries, animal husbandry and dairies at the global fisheries conference scheduled next week on … read more
New Delhi (IANS) There has been a sharp growth in unsecured lending in the past few years and the unsecured personal loan portfolio of the banking system has more than doubled from Rs 6 trillion in FY19 to Rs 13 … read more
New Delhi (IANS) TTK Prestige, IndusInd Bank, and The Ramco Cements saw substantial increase in pledged promoter holdings in the September quarter, as per Kotak Institutional Equities. Companies in which pledged promoter holdings declined include Suzlon Energy, Max Financial Services, … read more
New Delhi (IANS) India, the US and 12 other IPEF partner countries have signed the first Supply Chain Resilience Agreement aimed at strengthening global supply chains. The agreement was signed by Commerce and Industry Ministry Piyush Goyal on India’s behalf … read more
New Delhi (IANS) Sky One has signed MoUs to acquire Libyan Airline Fly Oya at Dubai airshow, an airline official said on Tuesday. Jaideep Mirchandani, Chairman of Sky One, expressed his excitement about the new acquisition and said: “Fly Oya … read more