All-time high EBITDA of Rs 23,532 crore in April-June was almost equal to the full-year FY19 (April 2018 to March 2019 fiscal year) EBITDA of Rs 24,780 crore, Adani group said in a statement.
The slide is caused by weak financial, banking and IT shares. Investors are said to have turned cautious after lower-than-expected quarterly results. Massive selling by foreign institutional investors in previous sessions continues to leave its impact.
“The Bill in its current form poses a grave threat to fundamental rights, democracy, and the internet as we know it, and must be withdrawn and altered in order to remove these flaws,” the letter, which includes signatories like the Signal Foundation and Mozilla, said.
Reliance had spun off JFS on July 20, with its stock price set at a much higher-than-expected Rs 261.85, valuing it at around Rs 1.66 lakh crore or $20 billion in a special trading session.
“Our advantage is that because we are developing later, we are also going ahead fast, technology-wise,” Rathi said.
The tomatoes procured by NCCF and NAFED had been retailed, initially, at Rs 90 per kg and then reduced to Rs 80 per kg from 16th July, 2023.
FMCG major Nestle India Ltd on Thursday reported an increase of 37.28 per cent in net profit at Rs 908.08 crore for the third quarter ended September 30, 2023.
According to Nikkei, Japan’s industry minister Yasutoshi Nishimura plans to visit India from July 19 to hold related talks.
In July, which is the last month of I-T return filing, over 5.41 crore returns were filed, taking the total number of filing to over 6.77 crore by the month-end.
Adani Ports & SEZ’s stock fell almost 4 per cent to touch an intraday low of Rs 771 on BSE.