Oil rally getting ahead of itself; weak GRMs may be a headwind
Oil prices have more than doubled from the lows of Apr’20, which augurs well for ONGC. Oil rebound..
Bulk ferrous scrap market turns active with recent deals to SE Asia
Bulk imported scrap bookings to the South East Asia and the Far East region have picked up in activ..
Diamond Sector News:
Market activity slow, but sentiment improving as retail reopens and US unemployment reduced to 13.3% for May. Growing interest in investment diamo..
Protect, Save, Insure
We are upgrading our stance on the Indian Life Insurance sector from cautious to positive. The key drivers for the upgrade are
Healthy pricing amid weak demand
The Indian cement industry fared better than expected in May 2020. While Covid lockdown hit April sales hard (down 80% YoY), May sales..
CNG volumes — far from normalcy
Key takeaways from the ‘Leadership Conversations Webinar’ with Mr. ES Ranganathan, Managing Director of Indraprastha ..
Malls: Waiting with bated breath
Malls across Indian cities have now seen a temporary closure of around two months since mid-March 2020 owing to concerns over COVID-19..
IPM on the decline in May’20 as well, but gradual recovery visible
* While the IPM was down 8.9% YoY for May’20, gradual improvement has been witnessed v/s..
Tough times but “this too shall pass”…
This is the third part of our “Covid-19 impact on Multiplex” themed report. We now look at the re..
COVID-19 weighs on performance – Pvt. players’ individual WRP down ~32% YoY for May’20 (-36% for FY21YTD)
LIC’s individual WRP dips ~3% YoY (-..
Crop damage from locust attack unlikely as Rabi harvest complete…
…however, horticulture at risk
Over the last few days, swarms of locusts have been s..
OMCs: Strong auto fuel margins offset volume drop, price hikes awaited as oil nears USD40/bbl
* With an uptick in oil prices, markets may be anticipating a hike in aut..
Accelya Solutions In Q4 net profit up 32.35% at Rs 24.71 cr
US dollar rises after Fed policy meeting
Rupee rises by 12 paise to Rs 69.05 against dollar
Headwinds recede for Tata Motors, but it is not out of the woods just yet
Infosys signs agreement with U.S. IRS; sees lower tax rate
BYJU`S in talks to buy WhiteHat Jr in $300mn deal: Report
Commerzbank fined 650,000 euros for deals with defunct Cypriot bank
Overseas participants on Indian power exchanges soon
Russia says China would be needed in expanded G7 summit: TASS
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