COST Financial News

16.10 / 17:53

COST UPS track reports rights Grasim Ind plans ₹4,000 cr rights issue to fund capex

MUMBAI, NEW DELHI : Aditya Birla Group flagship Grasim Industries Ltd on Monday said its board has approved raising ₹4,000 crore through a rights issue. The capital will be used to finance capital expenditure, repay debt and for general corporate purposes. “The capital outlay for the company to establish itself as India’s second largest decorative paints player is on track.

16.10 / 17:53

COST UPS pandemic track reports Is the worst behind for DMart?

₹1,001.8 crore, coming in lower than analysts’ expectations as gross margin fell year-on-year and staff costs remained elevated. According to DMart, for the half year ended September, contribution from the general merchandise and apparel segment stood at 23.2%, down from 24.8% in the same period last year. A good part of this drop was offset by an increase in contribution from the foods segment.

16.10 / 17:53

COST Lowe's Chase WhatsApp performer Costs Tight grip on costs aids Dalmia Bharat; over to price trends now

₹589 crore, ahead of Street expectations. On a per-tonne basis, Ebitda rose by 45% year-on-year, as operating expenses hit a multi-quarter low of ₹4,129 in Q2FY24. Freight costs were lower than expected.

16.10 / 16:41

COST UPS Target Fighting economy pandemic Canadian firms see inflation easing somewhat amid flagging demand

By Steve Scherer and David Ljunggren

16.10 / 15:53

COST CEO economy Align country blues Global maritime summit: Modi to unveil blueprint for blue economy

₹23,000 crore that are aligned with the 'Amrit Kaal Vision 2047’ for the Indian maritime blue economy, the statement added. The prime minister will also lay the foundation stone of Tuna Tekra all-weather deep draft terminal, to be built at a cost of more than ₹4,500 crore at Deendayal Port Authority in Gujarat. This state-of-the-art greenfield terminal will be developed in PPP mode.

16.10 / 15:53

COST Provident Digital Strategy Enterprise Inside information Navigating the Cybersecurity Maze While Keeping An Eye On The Cost Involved

New Delhi (India), October 16: Online security threats continue to multiply and grow more complex each day, presenting an increasing challenge for IT security and risk management leaders. Securing data and infrastructure is not only vital for an enterprise but also for its customers and business partners.

16.10 / 15:43

COST Target Fighting show Businesses still planning bigger, more frequent price hikes: BoC survey

Businesses are still expecting to pass on bigger price hikes to consumers amid fears the Bank of Canada’s inflation fight has stalled, according to the central bank’s own surveys.

16.10 / 14:15

COST UPS Lowe's Actor show country Fed Will Eventually Break Something: But What, When and Where?

After years of zero interest rates, such an abrupt tightening is bound to break something.

16.10 / 13:35

COST UPS CEO reports Department Major US pharmacy chain Rite Aid files for bankruptcy

Major U.S. pharmacy chain Rite Aid says it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan while coping with falling sales and opioid-related lawsuits

16.10 / 13:35

COST UPS Waters Paxful country Department Wine The ancient ways of natural wine are finding new fans

Natural wine is gaining a following in the U.S. even as overall wine sales drop

16.10 / 12:16

COST UPS FIVE Bill Experts gatherings How to manage your finances amid high mortgage payments

As more and more homeowners face mortgage renewals at surprisingly higher interest rates, some are facing the dreaded prospect of having to sell a home they can no longer afford.

16.10 / 11:45

COST WhatsApp testing week Financial Byju's to file its much-delayed financial results for FY22 this week

Notably, the company is striving to reduce its costing by trimming its workforce. Byju's has undertaken exercise to reduce workforce by about 3,000-3,500 this month by ending duplication in roles across the organisation.

16.10 / 11:45

COST AXY economy Remark Experts performer Interest rates have peaked; positive on India’s long-term story, says Shreyash Devalkar of Axis Mutual Fund

Shreyash Devalkar, Head of Equity at Axis Mutual Fund is positive on India’s long-term story even as he believes elevated US treasury yields and the impending slowdown globally could weigh on Indian equities in the short to medium term. In an interview with Mint, Devalkar shares his views on markets and his expectations from Q2FY24 earnings. Indian equities have seen remarkable performance compared to global major indices.

16.10 / 11:45

COST Lowe's Waters Manufacturing performer country PI Industries top pick as headwinds persist for agrochemical sector

Stock market today: Headwinds for earnings prospects of agrochemical manufacturers is posed led by weak demand outlook on the back of lower-than-expected monsoon season in the country impacting Kharif crop acreage. The falling chemical prices globally due to higher supplies from China that have been leading to inventory destocking poses another challenge.

16.10 / 11:05

COST UPS Amazon Mobile Software Samsung performer Amazon Sale 2023: Get best deals on top mobile brands

smartphone without going over budget, regardless of whether the buyer is looking for the most recent iPhone, a top-tier Samsung Galaxy feature-rich OnePlus or any other brand. To get the most outstanding mobile discounts and remain on top of technology, keep up with the Amazon great Indian festival sale. What else? If you are a prime member, you get access to the deals 24 hours before the actual deal starts! The Apple iPhone 13 in Starlight has a glossy finish that gives it a sleek and elegant appearance.

16.10 / 10:55

COST Career Compilation economy HSBC show 2024 end As year-end approaches, maybe the ‘year of the bond’ will be 2024?

The tagline from Wall Street was that 2023 was the year of the bond. Instead, fund managers are coming to terms with one of the toughest years ever.

16.10 / 10:35

COST Career Manufacturing Racing President U.S. Races to Expand Michigan Locks and Secure the Supply Chain

SAULT STE. MARIE, Mich.—About 10,000 ships pass through the Soo Locks each year to bring iron ore, grain, limestone and other staples across the Great Lakes and Canada into the Midwest and beyond. The navigational system, which allows large ships to bypass rapids below Lake Superior, was originally opened in the 1850s to handle a boom in copper mining.

16.10 / 10:35

COST Waters Fighting President show country end Will Israel’s agony and retribution end in chaos or stability?

gravity of Hamas’s crimes. More than 1,200 Israelis, most of them civilians, many of those women and children, were murdered in their homes, on the street, in kibbutzim, at a music festival. Perhaps 150 more have been dragged to Gaza and shut in makeshift dungeons.

16.10 / 08:37

COST UPS Tesla Browser performer information reports week Next week on the stock market

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

16.10 / 08:21

COST Target Booking UBS Albemarle UBS starts sounding for Liontown’s equity raising

Investment bank UBS began sounding fund managers for Liontown Resources’ emergency equity raising on Monday evening, after Albemarle yanked its $6.6 billion bid for the lithium explorer before market open.

16.10 / 08:21

COST UPS Action Fighting reports Magellan plays its hand, but Bolton isn’t done

Monday was a good day for Keybridge Capital’s Nick Bolton, but the fight isn’t over.

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