consolidation

New Delhi, Global brokerage firm Morgan Stanley expects Finance Minister Nirmala Sitharaman's upcoming budget to focus on the government's roadmap for 'Viksit Bharat' by 2047 and detail the medium-term plan for consolidation fiscal."As fiscal prudence guides the overall fiscal policy stance...

Mumbai, India's high public debt offers limited fiscal space to adopt welfare measures that can help stimulate the economy, a foreign brokerage said on Monday.In a report coming weeks before the budget presentation, Goldman Sachs said Finance Minister Nirmala Sitharaman could continue with the...

New Delhi, The cement sector has witnessed a moderate growth of 2-3 per cent in the first quarter of the current fiscal year due to a slowdown in construction activity due to the Lok Sabha polls, according to a report by the Icra rating agency.However, overall volumes for fiscal 2024-25 are...

Nomura expects India's consumer price index to decline from 5.7 per cent at the end of FY2024 to 4.8 per cent in the first quarter of the current financial year (FY25), giving the low, underlying inflation a global context of "sticky inflation". Describes an extraordinary situation. ,According...

Mumbai: Benchmark equity indices rose in early trade on Friday, with NSE Nifty hitting a new all-time peak, helped by buying in IT stocks and persistent foreign fund inflows.In early trade, the 30-share BSE Sensex rose 329.52 points to 77,808.45. Nifty rose 100.1 points to reach a record peak...

Top gainers on Nifty include Adani Ports, Eicher Motors, M&M and Shriram Finance, while losers include TCS, Tech Mahindra, HCL Technologies and Wipro.While Sensex closed at 76,992 (up 181 points), Nifty touched a new high during trading and closed at 23,465 (up 66 points).Nifty remained...

New Delhi: The top five domestic cement makers could increase their market share to 55 per cent by March 2025 through organic and inorganic expansion, leading to further consolidation, a report by rating agency ICRA has said.It said that due to the possibility of good demand, big companies...

New Delhi [India], The Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) won a majority in the general elections, giving Prime Minister Narendra Modi a third term.The win signals continuity in policy, particularly infrastructure spending and a boost to domestic manufacturing...

According to Congress's analysis and in Chaudhary's own words, he paid the price for distancing himself from the politics of religion.“On one side there was division of Hindu votes and on the other side there was consolidation of Muslim votes. You could say I was stuck in the middle, because I...

New Delhi [India], According to rating agency ICRA, due to healthy demand prospects for the sector, large cement companies are trying to increase their capacity and maintain market share through organic and inorganic expansion, while the medium Organic growth is expected to continue. Over the...

New Delhi [India], Over the past decade, the market share of the top five cement companies has grown steadily, from 4 percent in March 2015 to 54 percent by December 2023. According to ICRA, forecasts suggest this trend will continue. With growth expected to reach 55 percent by March 2025...

NEW DELHI: Indian IT major Infosys on Tuesday said it has collaborated with German bank Commerzbank and Murex, which deals in trading, risk management and processing solutions for capital markets, for the successful "go-live" operation of a consolidated . , integrated trading platform.The...

“We expect consolidation in the near term, leading to investors taking refuge in bonds and gold,” says Vinod Nair, head of research, Geojit Financial Services.Additionally, upcoming US Fed policy and US nonfarm payrolls data will guide the global market, while the ongoing Q4 earnings report is...

Axis Bank, Bajaj Finance, SBI led the Sensex rally with gains of over 2 per cent.L&T, UltraTech Cement, Wipro also gained more than 2 percent.Rupak Dey, senior technical analyst at LKP Securities, said that due to the rise in Nifty for the second consecutive session, the bulls continued to...

Under this agreement, Dialog will acquire 100 per cent of the issued shares in Airtel Lanka, in consideration of which Dialog will issue ordinary voting shares to Bharti Airtel amounting to 10.355 per cent of the total issued shares of Dialog by way of one share. The swap, the companies said in...