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Coromandel International Ltd., incorporated in the year 1961, is a Mid Cap company (having a market cap of Rs 26451.36 Crore) operating in Fertilisers sector.

“Protecting capital is important and that is the key for the next three months with the volatility that we have. One could still play the market for inflation by looking for those companies with strong cash flows, high dividend yields and so forth and so on but our view is that by the end of this calendar year, we will see a narrative change from inflation to deflation.”

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Net debt for Vodafone Idea stood at Rs 1,96,420 crore compared with Rs 1,97,480 crore in the December quarter, with a cash balance of merely Rs 1,500 crore, Motilal Oswal said.

PNB Q4 Results: Net profit drops 66% to Rs 202 cr

Updated at : 2022-05-12 08:50:02

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Total standalone income during the January-March quarter stood at Rs 21,095 crore, down from Rs 21,386 crore in the same period of 2021-21, PNB said in a regulatory filing.

Reject Oyo IPO: FHRAI to Sebi

Updated at : 2022-05-12 08:50:02

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FHRAI has cautioned that Oyo’s IPO will wipe out public wealth while enriching its founders and key management.

The Department of Telecommunications (DoT) has computed the net present value (NPV) of the accrued interest due to the four-year deferral of spectrum and adjusted gross revenue (AGR) payments at Rs 16,133.1 crore, a calculation since confirmed by Vi. At present, UK’s Vodafone Plc and ABG own 47.61% and 27.38% in Vi respectively.

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The rupee on Monday fell to an all-time low of 77.44 against the dollar driven by both the outflow effect as the US Federal Reserve tightened the monetary policy amid expectations of further rate hikes and the fallout of geopolitical tensions.

FEL owes lenders and bondholders a total of ₹6,778 crore. Out of the ₹1,266 crore, State Bank of India (SBI) received the largest amount of ₹290 crore followed by Canara Bank (₹220 crore) and Central Bank (₹130 crore).

Flipkart, RIL, Amazon may join ONDC

Updated at : 2022-05-12 08:50:02

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Logistics providers Ekart, Dunzo sign up on network; PhonePe in final stages of integration

Apple shares dropped 5.2% and were the biggest weight on the Nasdaq and S&P 500 indexes.

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