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Mahindra & Mahindra Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 128589.62 Crore) operating in Auto sector.

Delhivery cofounder and chief executive officer Sahil Barua and Sandeep Barasia, the chief business officer, told ET in a post-earnings call that its operating leverage would kick in even as it continues to chase growth.

The food service industry is expected to clock 9% growth with QSRs likely to grow faster at 23% over FY20-25 as they operate on mass prices, brokerage Motilal Oswal said in a recent report. The outlook forecasts come amid industry revival after two years of pandemic-induced downturn marked by lockdowns, curbs on operating hours, and consumer fears about stepping out. The 4₹.2 lakh crore food services industry witnessed permanent closure of over 25% restaurants.

eMudhra will make its debut at the bourses on Today. The company sold its Rs 412.79 crore initial public offering (IPO) in a the range of Rs 243-256 apiece between May 20-24. The issue was overall subscribed 2.72 times.

However, with Germany and Poland already confirmed they won’t be buying Russian oil via pipeline or sea, the total effect would be to cut 90% of Russian crude sales to the EU by year’s end," analysts from ANZ Research said in a note

With Russia being one of the two most important members of the alliance (alongside Saudi Arabia), any decision on increasing output has become highly political," Craig Erlam, analyst at trading platform OANDA, told AFP.

Following the fresh promoter-level capital infusion, Vodafone raised its stake in Vi to 47.61%. Indian conglomerate, ABG, which acquired fewer fresh shares in Vi, saw a tiny dip in its Vi stake to 27.4%

According to recent filings with the Indian exchanges, Info Edge invested Rs 137.12 crore in 4B Networks in March, through its subsidiary Allcheckdeals India (ACD), and has been investing in the company over multiple tranches. It invested Rs 9 crore in February and Rs 18 crore in December 2021.

Parekh said the total market size of cloud and digital services globally is expected to jump to $830-$890 billion by 2027 from $410-$450 billion currently, clocking 14-16% annualised growth, despite ongoing concerns around inflation and the geopolitical tensions in Europe.

The maker of Johnnie Walker and McDowell’s said it is seeing inflationary pressure, especially on ENA driven by the geopolitical impact on grain as well as temporary supply disruptions on imported products.