Anirudh Garg of Invasset PMS says rich small- and mid-cap valuations and global uncertainty have kept the firm on the sidelines. Where will it deploy fresh capital when the opportunity arises? Watch the full interview. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the…
India supplies around 40% of the generic medicines imported by the US, while generic drugs account for nearly 90% of the US business of Indian drugmakers by volume. So, when US President Donald Trump announced a timeline for imposing tariffs on imported generic drugs, Indian pharmaceutical stocks were expected to come under pressure. They have…
IndiGo promoter Rahul Bhatia has cautioned against any move to allow private airport operators to own and run airlines, saying such a policy would create a “massive conflict of interest” and ultimately work against consumers. Bhatia made the remarks during IndiGo’s post-earnings analyst call when he was asked about reports that the government may review…
E-commerce marketplace Meesho said its second-quarter net merchandise value (NMV) growth is expected to look softer after its flagship Blockbuster sale was shifted to the third quarter this year, adding that the weaker comparison is purely due to the timing of the sale and does not reflect any change in business momentum. In its latest…
Markets regulator SEBI on Thursday revised the security transmission framework by introducing a new fast-track mechanism for low-value claims and standardising documentation requirements to make the process efficient and investor-friendly. The framework introduces Quick Transmission Processing (QTP) and revises the monetary thresholds under the simplified documentation route. Under the new norms, the markets watchdog said…
Markets regulator SEBI on Thursday proposed a revamp of the Online Dispute Resolution (ODR) framework for the securities market, including shifting the responsibility of dispute resolution from ODR institutions to Market Infrastructure Institutions (MIIs), to make the system more efficient and investor-friendly. Under the proposal, stock exchanges, depositories and clearing corporations (MIIs) will operate the…
Telecom infrastructure firm RailTel Corporation of India Ltd on Thursday (July 23) said it has secured a ₹32.74 crore order from North Central Railway for railway signalling work. The company received a Letter of Acceptance (LoA) from North Central Railway for the reliability improvement of track circuits by providing Multi Section Digital Axle Counters (MSDAC)…
Pharma company Aurobindo Pharma Ltd on Thursday (July 23) said its wholly owned subsidiary Apitoria Pharma Private Limited has approved the acquisition of an 80% ownership stake in the Contract Research Organisation (CRO) business of A1 Biochem Group at an enterprise value of $17 million on a debt-free and cash-free basis. Apitoria will invest $13.6…
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Orient Cement Ltd on Thursday (July 23) reported a 62.4% year-on-year decline in consolidated net profit to ₹77 crore for the first quarter of FY27, compared with ₹205 crore in the corresponding period last year. Revenue from operations declined 30.3% year-on-year to ₹604 crore from ₹866 crore in Q1 FY26. Earnings before interest, taxes, depreciation…
