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Reliance Industries Limited Q1 Expectations

Reliance Industries Limited Q1 Expectations

19 July 2024

Reliance Industries Limited (RIL) is set to announce its Q1FY25 results, and market analysts predict a mixed performance. Despite expected annual revenue growth, sequential declines in operating profit and margins are anticipated due to lower refining margins and a slowdown in the retail business. Analyst Predictions on Segment Performance Oil-to-Chemicals (O2C): The O2C segment is …

Wipro Q1FY25 Preview: Analysts Divided on Earnings Outlook

Wipro Q1FY25 Preview: Analysts Divided on Earnings Outlook

19 July 2024

Wipro is set to announce its Q1FY25 earnings today, amidst varied expectations from analysts. Some foresee a slight decline due to macroeconomic challenges and sectoral softness, while others anticipate modest growth driven by new deals and operational efficiencies. Profit & Revenue Projections According to approximately nine estimates, Wipro’s consolidated net profit for the quarter ended …

Why Titan is Rising After Budget Announcement

Why Titan is Rising After Budget Announcement

23 July 2024

The Indian markets have experienced a sharp downturn following Finance Minister Nirmala Sitharaman’s announcement of significant tax changes. The long-term capital gains (LTCG) tax has been increased to 12.5%, and to broaden the tax base, the Securities Transaction Tax (STT) on Futures and Options (F&O) has also been raised. Additionally, the short-term capital gains (STCG) …

Lemon Tree Hotels Signs Licensing Pacts for New Hotels in Goa and Punjab

Lemon Tree Hotels Signs Licensing Pacts for New Hotels in Goa and Punjab

23 July 2024

Lemon Tree Hotels identified a significant opportunity in the early 2000s, when 80% of the hotel supply in India was concentrated in the upscale/luxury segment, catering solely to the affluent clientele. Recognizing the substantial untapped demand in the midscale and economy segments, Lemon Tree Hotels positioned itself as a trailblazer in the branded mid-market hotel …

Reliance Industries Acquires Remaining Stake in Reliance Lithium

Reliance Industries Acquires Remaining Stake in Reliance Lithium

23 July 2024

On March 14, 2022, in Mumbai, Reliance New Energy Limited (“Reliance”), a wholly-owned subsidiary of Reliance Industries , signed definitive agreements to acquire substantially all of the assets of Lithium Werks BV (“Lithium Werks”) for a total transaction value of $61 million, including funding for future growth. The assets include the entire patent portfolio of …

Suzlon Energy Q1 FY25 Results

Suzlon Energy Q1 FY25 Results

23 July 2024

Suzlon Energy is No. 1 in India’s renewable sector, offering a 360-degree total solutions package to its customers that covers the entire spectrum of wind energy projects. With a track record of over 20 years, Suzlon has successfully provided turnkey solutions, lifelong support, and exceptional products to customers globally, leading to the creation of substantial …

Paytm and Axis Bank collaborate to provide POS solutions and EDC devices to their merchant network.

Paytm and Axis Bank collaborate to provide POS solutions and EDC devices to their merchant network.

23 July 2024

About Partnership Paytm, India’s leading payments and financial services company has entered into a strategic partnership with Axis Bank to offer advanced POS solutions and EDC devices to a wider merchant base. This collaboration aims to transform the merchant acquiring landscape by providing innovative tools to optimize business operations and enhance customer experience. Paytm’s EDC …

Consistency is Key: 5 Companies with Impressive Growth in Earnings

Consistency is Key: 5 Companies with Impressive Growth in Earnings

23 July 2024

In the world of business, consistent growth is a key indicator of a company’s resilience and potential. Today, we spotlight five companies that have demonstrated impressive growth over the past three quarters. These companies, spanning various industries, have shown their ability to adapt, innovate, and lead in their respective fields. Five companies with profit growth …

Rushil Decor Aims to Achieve 3x Revenue by FY2029

Rushil Decor Aims to Achieve 3x Revenue by FY2029

23 July 2024

Expanding into the North American Market Rushil Decor Ltd., a leading manufacturer of eco-friendly MDF, laminates, PVC, and WPC, is expanding its presence into the North American market. This strategic move marks a significant milestone in the company’s global growth strategy, aiming to capitalize on one of the world’s largest markets for laminates and MDF. …

Oil India Signs Contract with Dolphin Drilling

Oil India Signs Contract with Dolphin Drilling

23 July 2024

Oil India Limited is a central public sector enterprise involved in the exploration, development, and production of crude oil and natural gas. Additionally, the company is engaged in the transportation of crude oil and the production of liquefied petroleum gas. Oil India Ltd. Signs Contract with Dolphin Drilling for Offshore Exploration Oil India has entered …

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