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McKinsey’s mandate includes a comprehensive plan to address pricing, margins, structure, rightsizing, international business expansion, etc, in what would be a year-long association. McKinsey is benchmarking some of the top companies around the world including Tata Motors’ homegrown rivals that are performing on better profitability metrics, the sources said.

Stocks that were in focus include names like ACC which closed with a loss of less than 1 per cent ahead of June quarter results, TCS which hit a fresh 52-week low, and Godrej Consumer Products which registered a breakout on daily charts.

Traders had ramped up bets that the Fed would go for a super-sized tightening at their July 26-27 meeting after data on Wednesday showed consumer price inflation racing at the fastest pace in four decades.

Today is the record date for Radhe Developers to ascertain the eligibility of shareholders entitled to bonus shares of the company in the proportion of 1:1. Today is also the record date for Shankar Lal Rampal Dye-Chem to ascertain the eligibility of shareholders entitled to issue of bonus shares of the company in the proportion of 2:1.

Adani will have a majority 70% stake and Gadot will hold the remaining 30%, according to an industry official. Neither company was reachable for immediate comment. Adani Ports, which has said it is the largest transport utility in India, is targeting expansion and seeks to become the premier global port group, the company’s chief executive Karan Adani, told an earnings call in May.

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This was after the stock slumped to ₹246.25 per share on September 21, 2018, after opening the day at ₹615.60, before recovering to close at ₹351.55, it said.

Jindal Steel & Power, LTTS, Oberoi Realty, Federal Bank, Just Dial, Den Networks, Kesoram Industries and Aditya Birla Money are among the company that will announce their quarterly earning for the quarter ended June 2022.

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The Canara Bank and the Bank of Maharashtra had sanctioned Rs 30 crore and Rs 25 crore respectively as working capital facility under a consortium agreement to Bezel Jewellery. The company did not repay the loan, causing a loss of Rs 55.27 crore to the consortium, the agency has alleged.

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Sivasubramanian Ramann tells ET that the lender is leveraging the technology platforms from NSEL portal to GST network to cut its loan disbursal time period to just a third, reducing uncertainties for the borrower.

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The brokerage said Indian markets are currently dancing to the tunes of global factors such as crude oil prices, inflation, and fears of a recession due to the hawkish stance of global central banks in their attempt to raise interest rates to control inflation.

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