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BN Group to invest $1 billion in Africa to expand edible oil business

BN Group to invest $1 billion in Africa to expand edible oil business

Tue, Dec 17, 2024

Edible oil manufacturer BN Group announced on Tuesday a $1 billion (approx Rs 8000 crore) investment to expand its operations across Africa, targeting emerging markets with a phased deployment over the next five years.

ShareChat says adjusted EBITDA losses fell sharply in FY24 to Rs 793 crore

ShareChat says adjusted EBITDA losses fell sharply in FY24 to Rs 793 crore

Tue, Nov 26, 2024

ShareChat is expecting EBITDA losses for FY25 to be nearly one-third of FY24 and the consolidated business to start generating positive cash flow by early FY26.

Jefferies Bullish on Indian Hotels

Jefferies Bullish on Indian Hotels

Tue, Nov 19, 2024

Jefferies has set a target price of Rs 785 for Indian Hotels, expressing a positive outlook on the company’s performance. In this video, we discuss the reasons behind Jefferies' bullish stance, the potential growth of Indian Hotels, and the factors influencing its stock price.

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Global View: Sun Pharma, BPCL, Tata Motors, HPCL could give 20-38% return in next 12 months

Global View: Sun Pharma, BPCL, Tata Motors, HPCL could give 20-38% return in next 12 months

Tue, Feb 01, 2022

We have collated a list of recommendations from various global brokerage firms according to a Zee Business TV report.

Vedanta to take demerger call by March-end: Chairman Anil Agarwal

Vedanta to take demerger call by March-end: Chairman Anil Agarwal

Thu, Jan 27, 2022

Vedanta Ltd will announce the contours of a proposal to spin off key businesses into separate listed companies by March-end, its chairman Anil Agarwal said.

United Spirits Q3 Result: PAT rises 27% YoY to Rs 291 crore

United Spirits Q3 Result: PAT rises 27% YoY to Rs 291 crore

Tue, Jan 25, 2022

Beverage giant United Spirits today reported a profit after tax (PAT) of Rs 291 crore in the third quarter of the financial year 2021-22.

Triveni Turbine, Tata Elxsi to Biocon - Here are the top Buzzing Stocks today

Triveni Turbine, Tata Elxsi to Biocon - Here are the top Buzzing Stocks today

Fri, Jan 21, 2022

Domestic stocks markets were trading at a loss of more than half a per cent in the early noon deals of Friday, January 21, 2022.

Mindtree will focus on technology related to the healthcare segment: Vinit Teredesai, CFO

Mindtree will focus on technology related to the healthcare segment: Vinit Teredesai, CFO

Mon, Jan 17, 2022

Vinit Teredesai, Chief Financial Officer, Mindtree, talks about the Q3FY22 numbers, revenue growth, Margin, and more during an exclusive interview with Swati Khandelwal, Zee Business.

Stocks for 2022: 2021 multibaggers KPR Mills, Gokaldas Exports remain value play from textile space in New Year

Stocks for 2022: 2021 multibaggers KPR Mills, Gokaldas Exports remain value play from textile space in New Year

Thu, Dec 30, 2021

Textile stocks like KPR Mills and Gokaldas Exports (GEL) remain value buys for the New Year 2022, experts suggest.

Sector Outlook 2022: Star Cement plans to create a capacity of 12-15 million tonnes in next 5 years: Sanjay Kumar Gupta, CEO

Sector Outlook 2022: Star Cement plans to create a capacity of 12-15 million tonnes in next 5 years: Sanjay Kumar Gupta, CEO

Tue, Dec 28, 2021

Sanjay Kumar Gupta, CEO, Star Cement, talks about his growth outlook for 2022, price hike plans, targets, CapEx, demand situation and expansion plans among others during a candid chat with Swati Khandelwal, Zee Business.

ArcelorMittal gives upbeat outlook, beats earnings forecast

ArcelorMittal gives upbeat outlook, beats earnings forecast

Fri, May 11, 2018

The world`s largest steelmaker ArcelorMittal said the outlook for 2018 had improved after a sharp pick-up in steel prices and increased iron ore shipments helped it deliver higher-than-expected first-quarter earnings on Friday.

These 3 stocks to watch out for

These 3 stocks to watch out for

Tue, Jan 23, 2018

The Indian market has touched a historic high and the valuation of the stocks are at their peaks. Edelweiss has long-term buy calls for these stocks: Monte Carlo Fashions Ltd

6 paise for IUC is threatening to wipe off Rs 2250 crore from telcos earnings in the next 90 days

6 paise for IUC is threatening to wipe off Rs 2250 crore from telcos earnings in the next 90 days

Sat, Sep 23, 2017

Cut in interconnect usage charges has caused quite an uproar in the telecom industry. Here is how the incumbent operators will be impacted in Q3 FY18.

Will cut in interconnect usage charges lead to more free voice calling?

Will cut in interconnect usage charges lead to more free voice calling?

Wed, Sep 20, 2017

Interconnect Usage Charges (IUC) are inter-operator payments made by telecom operators. A cut in its rates by 50% will result in short term distress for incumbents while Jio’s free calling might just pay off.

Tata Steel's leverage is likely to remain high in coming quarters: Moody's

Tata Steel's leverage is likely to remain high in coming quarters: Moody's

Thu, Feb 09, 2017

Moody's has projected Tata Steel's leverage to remain high in the coming quarters of 2017.

India Inc's fourth quarter revenue growth to remain under pressure

India Inc's fourth quarter revenue growth to remain under pressure

Tue, Jan 10, 2017

Prasad Koparkar, Senior Director, CRISIL Research: “Despite a favourable monsoon and lower borrowing costs, we expect key consumption-driven sectors such as automobiles, telecom services and FMCG to record the slowest growth in two years."

United Breweries' net profit declines by 48% to Rs 27 crore

United Breweries' net profit declines by 48% to Rs 27 crore

Sat, Nov 05, 2016

This Q2, UB Group's volumes were down by nearly 5%, while that of UBL volumes remained flat. Overall in half year, UBL volumes rose by just 3% as against an industry that remained flat, displaying in a marginal gain in market share.

Shines in Q1FY17: DLF's net profit rose two-times higher to Rs 261 crore

Shines in Q1FY17: DLF's net profit rose two-times higher to Rs 261 crore

Mon, Aug 29, 2016

The real estate-giants consolidated net profit clocked over two-folds jump to Rs 261.42 in Q1FY17 against Rs 125.87 crore in the corresponding period of the previous year.

Dr. Reddy’s net profit declines by 76% to Rs 153 crore

Dr. Reddy’s net profit declines by 76% to Rs 153 crore

Tue, Jul 26, 2016

The pharma company reported consolidated net profit of Rs 153.5 crore in Q1FY17, registering a massive 76.28% yoy(year-on-year) decline. However, the current profit grew by 25.20% compared to preceding quarter.

Reliance refining biz records highest earnings on strong product demand, margins

Reliance refining biz records highest earnings on strong product demand, margins

Sun, Jul 17, 2016

Reliance Industries made a whopping Rs 6,593 crore from refining in the April-June period, higher than the Rs 5,235 crore it made from the business last year, a 25.9% increase.

India Inc's first quarter revenue growth seen at 2-year high

India Inc's first quarter revenue growth seen at 2-year high

Fri, Jul 08, 2016

Three domestic scenarios - an above-average monsoon, a gradual revival in investment sentiment, and better job creation are likely to boost revenue growth to reach a two-year high in June quarter of current fiscal, said a CRISIL report.

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