Thu, Jul 22, 2021 2:33 PM
Arvind Lifestyle offloads Unlimited retail business to V-Mart Retail
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Sharekhan's research report on Trent. Trent continued to post stellar performance in Q4FY2024 with revenues growing above 50% y-o-y, while strong expansion in EBIDTA margins led to robust bottom-line growth. Revenue grew by 53.4% y-o-y to Rs. 3,187 crore, with like-for-like (LFL) growth well above 10%. Gross margins improved by 449 bps y-o-y to 45.3%..
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India’s crude oil imports fell around 8 percent in April from the previous month amid the country’s efforts to ramp up domestic production and reduce reliance on imports.According to energy tracker Vortexa, India’s total crude oil imports stood at 4.5 million barrels per day (bpd) in April, lower than 4.9 million bpd in March.Despite decline in total oil imports.
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The board of Federal Bank is in advanced stages of searching for a new chief executive officer and managing director (CEO and MD) for the bank, said Shyam Srinivasan, CEO and MD.“There is a bank board established search panel, and they are in advanced stages. The process is well underway. The board has submitted a long list of names to RBI, including our two senior internal candidates,”.
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