Thu, Feb 1, 2024 3:43 PM
📢 Sensex declines 106 points at the close; Nifty ends above 21,697
A Flip by Avya Verma
India's finance ministry expects food inflation to ease in the coming months due to a predicted bumper kharif harvest, following a 14-month high of 6.21% in October driven by elevated food prices. The economy remains resilient despite global uncertainty, with high-frequency indicators showing a rebound in October and a growing formal workforce.
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EQT AB is considering an initial public offering for Indira IVF that could raise about $400 million, according to people familiar with the matter. The Stockholm-based investment firm is working with arrangers to help prepare for an IPO in Mumbai as soon as next year, the people said, asking not to be identified because the matter is private.
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Reported Consolidated quarterly numbers for Sadbhav Infrastructure Projects are: Net Sales at Rs 163.48 crore in September 2024 up 1.68% from Rs. 160.78 crore in September 2023. Quarterly Net Profit at Rs. 35.57 crore in September 2024 up 111.85% from Rs. 300.10 crore in September 2023. EBITDA stands at Rs. 107.31 crore in September 2024 down 11.31% from Rs. 120.99 crore in September 2023.
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