September rains damage 12% of kharif crops in Maharashtra : Rashtra News Heavy rains caused by Cyclone Gulab in Telangana, Maharashtra, Gujarat, Madhya Pradesh and Chhattisgarh have damaged standing crops of soyabean, cotton, onion and urad at many places, at a time when the country has been looking forward to the new crop to tame
Kotak Mahindra Bank appoints Ashu Suyash as director : Rashtra News has appointed Ashu Suyash as independent director of bank for a period of 5 years. The appointment is effective from January 24, 2022, up to January 23, 2027, the private sector lender said in a statement. Suyash was managing director of rating agency ,
CareEdge, Crisil, and ICRA Ratings have placed IIFL Finance under rating watch following the RBI ban on giving new gold loans. Neither of the rating companies has revised the ratings of both finance companies.
The Exicom IPO, which opened for subscription yesterday, is priced at 1.8x sales and 33x pre-tax profits based on trailing 12-month financials. Should you invest?
Domestic sales of complex fertilisers in India are expected to grow by 4-5% in fiscal year 2025, driven by a normal monsoon and stable retail prices, according to a report by CRISIL. The growth rate for these fertilizers was 7-8% in fiscal year 2024, but the operating profitability of fertiliser makers is expected to decline by 30-35% this fiscal year. The report predicts that profitability will rebound next fiscal year due to stable raw material prices and revised nutrient-based subsidy rates.