In the June quarter, the top six offshore technology companies added more than 58,000 employees at the net level, an analysis by JM Financial Institutional Securities Ltd showed
Zomato Stock Performance Excites Analysts, But Can It Overcome Impending Risks? inc42.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inc42.com Daily Mail and Mail on Sunday newspapers.
Improved coal base generation adding to optimism on Coal India
With the rally in commodity stocks, Coal India Ltd, the country’s largest coal producer and supplier, too, is seeing stock prices rebound. Adding to its gains of more than 7% on Monday, the stock saw intraday gains of about 5% in morning trades on Tuesday. Strong demand and rising realizations for commodities such as steel, aluminium, cement and others bode well for coal demand and realizations. Rebound in demand from the power sector, though, provides the silver lining. Power demand remains crucial for Coal India’s volumes as the majority of supplies under fuel supply agreement (FSA) are directed towards thermal power plants in the country. It was the reduced inventory and lower plant load factor (PLF) of power plants that had meant a weak volume outlook for Coal India.
ABB India s rising valuations defy slow order intake livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.