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India's long steel makers to witness better margins and higher capacity utilisation in H2 of FY 22: ICRA

“Following years of anaemic long-steel product demand, ICRA expects this construction activity to revive demand strongly, lifting the fortunes of large and small manufacturers alike,” said the rating agency in a report on Tuesday. ....

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16Jun2021 Midday Update: DOW Struggles As Stock-market Investors Await Fed Update, DOW Down 60 Points, SP 500 Trending Down 0.2% At 12:30 ET, Nasdaq Down 0.1%

16Jun2021 Midday Update: DOW Struggles As Stock-market Investors Await Fed Update, DOW Down 60 Points, SP 500 Trending Down 0.2% At 12:30 ET, Nasdaq Down 0.1%
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Electric 3-wheelers likely to account for 30% of new sales by 2025: ICRA

Globally, EVs now account for 4.4 per cent of new car sales during CY2020 and their share is likely to cross 5 per cent level this calendar year, as per ICRA ....

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Brokerages to clock 35% rise in broking income this fiscal; moderate growth in FY22: ICRA

Brokerages to clock 35% rise in broking income this fiscal; moderate growth in FY22: ICRA
The ICRA sample pool of 12 brokerage companies registered an annualised growth of 34 per cent in broking income and 21 per cent in total revenues in H1 FY2021
Aprajita Sharma February 23, 2021 | Updated 21:16 IST
The brokerage industry is expected to clock a record broking income of Rs 27,500-28,500 crore in FY21, a jump of 30-35 per cent compared to Rs 21,000 crore in FY20. The record growth comes on the back of a spurt in retail participation post COVID-19 crash in March 2020 and a resultant pick-up in transaction volumes.
The ICRA sample pool of 12 brokerage companies registered an annualised growth of 34 per cent in broking income and 21 per cent in total revenues in H1 FY2021. ....

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After record FY21, brokerages' revenue growth to moderate in FY22: ICRA

After record FY21, brokerages' revenue growth to moderate in FY22: ICRA
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