Fri, Feb 16, 2024 3:10 PM
Capfin India Standalone December 2023 Net Sales at Rs 0.03 crore
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📌Tata Steel India's crude steel production jumped 6% Y/Y. 📌Tata Elxsi has inked an initial pact with CSIR-National Aerospace Laboratories. 📌NTPC incorporated a wholly-owned subsidiary, NTPC Parmanu Urja Nigam for nuclear energy initiatives. 📌The Board of Jindal Worldwide approved a bonus issue of 4 shares for every 1 share held. 📌RVNL signed an MoU with Dubai’s GBH International Contracting.
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India’s investment rate likely declined to a three-year low of 30.1 percent of GDP in 2024-25 compared with 30.8 percent in the previous fiscal, as the government’s capex spending slowed during the year, according to data released on January 7. The investment rate, calculated in nominal terms, was even lower than the pre-pandemic average of 30.2 percent.
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The UK's new car market experienced its second consecutive year of growth in 2024, with 1,952,778 new cars registered, marking a 2.6% increase from 2023, according to the Society of Motor Manufacturers and Traders (SMMT). However, the electric vehicle (EV) market share, while growing, faced challenges due to weak private demand. Fleet registrations drove the market growth.
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