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2024-12-09 10:16:58| The Economic Times

Indian benchmark indices slipped on Monday, ending their rally from the best week in six months, as losses in consumer stocks dragged the market lower.

Category: News and Media

2024-12-09 09:18:40| The Economic Times

Ceat will acquire Camso's tyre and track business from Michelin. This acquisition will boost Ceat's international business. The deal will be funded by a mixture of debt and internal accruals. Ceat expects the acquisition to be EPS accretive. The company anticipates growth in off-highway tyres. Ceat plans price hikes in various segments.

Category: News and Media

2024-12-09 07:00:42| The Economic Times

Sandip Sabharwal discusses investment strategies, favoring capex-oriented companies like L&T and select IT firms. He expresses caution about PFC and REC due to long-term solar sector stress, preferring private sector NBFCs like L&T Finance and Mahindra Finance. Consumer stocks are expected to revive eventually, offering buying opportunities at current discounted levels.

Category: News and Media

2024-12-09 06:34:23| The Economic Times

Category: News and Media

2024-12-09 05:47:45| The Economic Times

Blackstone-backed International Gemological Institute (IGI) India has set a price band of Rs 397-417 per share for its upcoming initial public offering (IPO), targeting a raise of Rs 4,225 crore. The three-day IPO will open for subscription on December 13 and close on December 17.

Category: News and Media

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