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Both companies will come together to combine Honda’s next-generation software architecture and control-safety technology with KPIT’s deep domain & software expertise in the areas of autonomous driving, vehicle electrification, in-vehicle infotainment systems and platform software.

Zee Ent. shares down 1.55% as Nifty gains

Updated at : 2023-03-17 15:45:03

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A total of 590,102 shares changed hands on the counter till 02:16PM (IST).

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Shares of Reliance Industries (RIL) have been under pressure for the past few days, trading near their 52-week low.

"The company is looking to pay a coupon in the range of 7.70%-7.75% but it will be finalised as they move closer to the bidding date," one of the bankers said.

Campa Cola is priced a bit cheaper compared to other beverages in terms of Pepsi, Coca-Cola or other colas as well. Is this is the beginning of a price war? Will that be something of a threat for these other companies? Campa Cola has not advertised for a few decades. The consumers who used to know Campa Cola may not be a very relevant customer base now because of the positioning of this kind of product. So those would be the bigger challenges.

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The company had earlier said it is planning to get in touch with the mines ministry to resolve the differences. Valuation of the assets is among several concerns flagged by the government.

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Indian Oil Corporation, incorporated in the year 1959, is a Large Cap company (having a market cap of Rs 112122.63 Crore) operating in Gas & Petroleum sector.

"We never panicked. We added to some existing positions and never cashed out. In fact, we were in cash to an extent and we started deploying the cash to that much extent. Basically, the panic was in banks and had nothing to do with the US and we saw a lot of connections in the banks in India per se. We love our private sector banks and we picked up a few names there."

"Probably the best clue to what the Fed does at the next meeting on March 22 is how markets behave in the interim, given the Fed’s obsession with financial conditions," Wood said.

Indian Oil Corp. declines 0.43% as Sensex slides

Updated at : 2023-03-17 14:20:03

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The stock traded at a P/E multiple of 18.29, while the price-to-book value ratio stood at 0.82.

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