Reseñas

Asian Paints, a leading paints company, reported no volume growth for the third quarter compared with over 20% growth in the first half of FY23. “The business was impacted due to extended monsoons, price increases and higher base of the previous year,” said Amit Syngle, MD and CEO in the Continue Reading

India moved up by just one place to the 42nd position at the International IP Index 2023, with no change to the 2022 index score of 38.64%, raising serious concerns about enforcement of IP rights in India and resolution of IP-related disputes, the US Chamber of Commerce said in a Continue Reading

The development comes after several companies faced impediments due to glitches in the new online filing portal. In a general circular, the ministry said companies can submit several forms, including PAS-3, GNL-2 and MGT-14, in physical mode. These three forms pertain to capital-raising activities.

“India has been taking advantage of these somewhat better global developments. I should mention, however, for many developing countries, that conditions are still harsh. That includes the high price of food and energy and fertiliser, which makes agriculture so challenging for many developing countries,” David Malpass said.

Eshwar Karra, CEO – Kotak Special Situations Fund at Kotak Investment Advisors said, We are delighted to partner with Biocon and this acquisition financing supports Biocon’s journey of becoming a world leading, fully integrated biosimilars enterprise.

“In Uttar Pradesh, which accounts for about 30% of India’s wheat production, the eastern part is expected to have relatively good yields on-year because of timely sowing after harvest of kharif paddy. On the other hand, western UP could see a marginal decline due to late sowing — majorly in Continue Reading

Chart readers have observed the formation of overlapping candles during the ongoing weakness and the absence of a sharp decline from the swing highs of February 16, indicating possibility of an upside bounce to emerge from the lows

Frankly, after the decadal long consolidation, strictly the large merchant power revenue models do not continue to exist as of now.

We have breached that and we have now accelerated the sell towards the second support zones of Bank Nifty being at 40,000 and Nifty at 17,500. So if we hold these levels then again a pullback rally can be expected but nothing major on the cards now.

Multiply the lease income by 7x in the next 5 years. Latter will entail $2 billion in capex and debt could treble in the interim. Success in the unfolding cycle could deliver strong returns, said the note.