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Given its pan-India presence which will be further strengthened by the capacity expansion, UltraTech will be well-positioned to support the rising demand for cement in the country, Birla added.
Future Retail lenders give nod to debt recast planThe resolution plan also includes the restructuring of Future Retail’s non-convertible debentures (NCDs) that are listed on bourses. However, NCDs issued to certain trusts and US bonds, carrying an annual interest of 5.6% and… Read MoreStocks in the news: Macrotech Developers, HDFC Bank, ACC, FRL & Mindtree ACC, ICICI Prudential Life, Crisil and Bajaj Consumer Care would be among companies which would announce their quarterly results on Monday.
from Stocks-Markets-Economic Times https://ift.tt/3gieD0s
… Read MoreAsian shares hover near over 1-week highs, Bitcoin recoups lossesMSCI's broadest index of Asia-Pacific shares outside Japan jumped 1.2% last week and is up 5% so far this year.
from Stocks-Markets-Economic Times https://ift.tt/3v0RxPX
… Read MorePVC Pipes an emerging proxy play on housing, constructionWhile the crop season is expected to see strong demand from agriculture-related industries, these companies are expected to gain market share with increases in input prices making it tougher for unorganised players to survive… Read MoreReinstate subvention for MSME loans: NBFCsAs per recent changes made to the scheme, CGTMSE guarantee coverage is reduced to 50 per cent for NBFCs. Earlier, loan loss was covered to the extent of 75 per cent. Also, the payout cap is revised downwards to two times of r… Read More
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