Noida (Uttar Pradesh) [India], October 23: Max Financial Services Limited has recorded consolidated revenue^ of ₹25,178 crore in H1 FY25, a 30% growth buoyed by higher investment income. The consolidated revenue excluding investment income at ₹12,820 crore grew by 14% year-on-year during
With an expected 4 per cent compound annual growth rate (CAGR) in the global speciality chemicals sector, India's chemical industry is projected to expand at a faster pace of 15-20 per cent CAGR between CY22-30, driven by ongoing capacity expansion, R&D investments, and strategic market
Rajanth Singh inaugurated the projects from the Headquarters, Trishakti Corps in Sukna, West Bengal. One of the main highlights was the inauguration of the Kupup-Sherathang Road in Sikkim which serves as a crucial link between Jawahar Lal Nehru Marg and Zuluk axis.
As the earnings season begins and companies start reporting their financial results, the Nifty 50 index is projected to deliver a revenue growth of 4.5 per cent for the second quarter of the fiscal year 2025 (FY25), according to a report by Axis Securities.
The report says companies within the coverage are anticipated to post a collective revenue growth of 8.5 per cent year-on-year (YoY) and 3.1 per cent quarter-on-quarter (QoQ) for the second quarter of FY25.
This growth is anticipated to be driven by double-digit volume increases in two-wheelers (2Ws) and low to mid-single-digit growth in passenger vehicles (PVs) and tractors. This growth will be partially offset by a year-on-year decline in commercial vehicle (CV) volumes.
The recent increase in Chinese steel prices may give some relief to Indian steel makers. A report by Axis Securities highlights that Chinese hot-rolled coil (HRC) steel prices have gone up in September 2024, giving an edge to Indian steel companies.
India's road awarding projects are set to gain strong momentum in FY25, with a significant increase expected in the number of projects being awarded, highlighted a report by Axis Securities.
The International Finance Corporation (IFC), a member of the World Bank Group, is partnering with private lender Axis Bank, to provide a USD 500 million loan to help develop a blue finance market and scale up financing of green projects in India.
The cement demand in September remained below the market expectations due to heavy monsoons and region-specific challenges which impacted both trade and non-trade demand, highlighted a report by Axis securities.
The Axis My India has predicted a hung assembly in Jammu and Kashmir with the National Conference-Congress alliance slightly ahead and the BJP tailgating the opposition.
The Axis My India has predicted a hung assembly in Jammu and Kashmir with the National Conference-Congress alliance slightly ahead and the BJP tailgating the opposition.