Thu, Sep 5, 2024 9:38 PM
Adani Enterprises' Rs 400 crore NCD issue oversubscribed by over 200%
A Flip by Shubhangi Gupta
J Kumar Infraprojects on Wednesday, January 15, said it has bagged a project worth over ₹1,073 crore from NBCC. The company said it received the letter of award (LoA) from the NBCC for the development of Silicon City Phase-IV at Sector 76 in Noida on a design, engineering, procurement and construction basis.
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Chinese smartphone brands are expected to retain their stronghold in the Indian market, cornering around 75 percent of shipments in 2025, a slight increase from 74 percent in 2024. Analysts highlighted that this dominance has been a consistent trend since 2020. The Indian smartphone market is likely to experience modest growth, with shipments likely to surpass 160 million units in 2025.
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PMS fund manager Saurabh Mukherjea, who runs Marcellus Investment, has tweaked his portfolios to add Berger Paints, Eris Lifesciences and Home First Finance to his midcap and smallcap schemes. After growing handsomely over FY24, the wheels of the broader corporate earnings seem to have come off in the last 2 quarters with BSE500 weighted average PAT growth moderating to single digit in Q2.
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