|
The Reserve Bank of India has allowed asset reconstruction companies (ARCs) to raise equity capital by listing their shares in the market, providing an opportunity to enhance liquidity and investor base. This move comes as ARCs face challenges in raising capital amid competition from government-backed entities and stringent net worth requirements.
Category:
News and Media
Ircon Q3 Results: Ircon International reported a 65% drop in Q3 net profit to 86 crore, with revenue declining 11% YoY. EBITDA and profit before tax also fell sharply. The company announced a 1.65 interim dividend and highlighted India's infrastructure growth prospects.
Category:
News and Media
US steel suppliers have just over a month to decide how to respond before the new tariffs take effect.
Category:
News and Media
All news |
||||||||||||||||||
|