Infosys, India’s second largest IT services company, reported Q1 results on Thursday. Revenue rose 1.31% QoQ to Rs 37,933 cr. Profit after tax came at 3.1% at Rs 5,945 cr . The management also gave a grim outlook for the next few quarters. Coforge Ltd reported rise in revenue of 2.4% to Rs 2,221 cr …
With more IPOs launching after a drought of nearly 6 months, Indian markets have seen good growth of retail trading business in FY24. And with NSDL focusing on listing on bourses, both CDSL and NSDL, the only 2 Indian depositaries are expected to see growth of 10-12% CAGR in user base between FY24-29. But the …
CDSL: Biggest beneficiary of frictional costs in listed space Read More »
A report from Bloomberg hints that the government is contemplating an export ban on non-Basmati rice to control the rampant inflation. The idea of a ban on rice export is hard to imagine, given India’s share of over 40% of global rice market. But the idea isn’t new. India has banned broken rice in 2022 …
Rice Export Ban: View on KRBL, Adani Wilmar, LT Foods and more Read More »
