Nifty Down 70 points from Day highs
BankNifty down 300points from Day highs
BankNifty down 300points from Day highs
GRAND CONTINENT HOTELS: SIGNS REVENUE-SHARING AGREEMENT FOR NEW VARANASI HOTEL
🤝 Grand Continent Hotels has entered into a revenue-sharing agreement with Fairlink Shoppers Pvt Ltd to operate and manage a hotel in Varanasi, Uttar Pradesh.
🛏️ The property will have 70 rooms along with lobby & reception, restaurant, kitchen, banquet halls, gym and car parking.
🏷️ Hotel will operate under the “Grand Continent Premier” brand.
⏳ Agreement includes a 60-day fit-out period followed by a 5-year lock-in period from signing.
📍 The addition expands Grand Continent Hotels' presence into the Varanasi hospitality market.
🟢 Impact: Positive for Grand Continent Hotels — addition of a 70-room managed property expands its portfolio through an asset-light revenue-sharing model.
🤝 Grand Continent Hotels has entered into a revenue-sharing agreement with Fairlink Shoppers Pvt Ltd to operate and manage a hotel in Varanasi, Uttar Pradesh.
🛏️ The property will have 70 rooms along with lobby & reception, restaurant, kitchen, banquet halls, gym and car parking.
🏷️ Hotel will operate under the “Grand Continent Premier” brand.
⏳ Agreement includes a 60-day fit-out period followed by a 5-year lock-in period from signing.
📍 The addition expands Grand Continent Hotels' presence into the Varanasi hospitality market.
🟢 Impact: Positive for Grand Continent Hotels — addition of a 70-room managed property expands its portfolio through an asset-light revenue-sharing model.
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CHEMICAL STOCKS ; CHEMICAL PRICES IN FOCUS: SHARP RALLY ACROSS KEY PRODUCTS
📈 Maleic Anhydride leads the surge — up 209.8% in 6 months and 163.8% in 1 year, currently at its 52-week high.
🚀 Cyclohexanone up 147.8% in 6 months and 140.1% in 1 year, despite a 6.1% weekly correction.
🔥 Acetic Acid prices up 95.4% in 6 months and 106.9% in 1 year.
🧪 MDC (Methylene Dichloride) up 92.2% in 6 months and 78.8% in 1 year, while Chloroform is up 76.7% and 68%, respectively.
📊 Other major 1-year gains include Ethylene Dichloride +95.2%, BDGE +85%, m-Xylene +79%, Aniline +54.3% and Ethyl Acetate +53.7%.
⚠️ Despite strong medium-term gains, several chemicals have corrected recently, including Caustic Soda Lye (-10.9% WoW), MDC (-6.6%) and Cyclohexanone (-6.1%).
📈 Maleic Anhydride leads the surge — up 209.8% in 6 months and 163.8% in 1 year, currently at its 52-week high.
🚀 Cyclohexanone up 147.8% in 6 months and 140.1% in 1 year, despite a 6.1% weekly correction.
🔥 Acetic Acid prices up 95.4% in 6 months and 106.9% in 1 year.
🧪 MDC (Methylene Dichloride) up 92.2% in 6 months and 78.8% in 1 year, while Chloroform is up 76.7% and 68%, respectively.
📊 Other major 1-year gains include Ethylene Dichloride +95.2%, BDGE +85%, m-Xylene +79%, Aniline +54.3% and Ethyl Acetate +53.7%.
⚠️ Despite strong medium-term gains, several chemicals have corrected recently, including Caustic Soda Lye (-10.9% WoW), MDC (-6.6%) and Cyclohexanone (-6.1%).
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KEVIN WARSH SEEKS TO SOOTHE INVESTORS’ NERVES AS SIGNS OF ECONOMIC STRAIN MOUNT – FT
COFORGE
LIC CUTS STAKE TO 3.02 % AS ON 20 AUG FROM 3.56 % STAKE AS ON 30 JUNE
LIC CUTS STAKE TO 3.02 % AS ON 20 AUG FROM 3.56 % STAKE AS ON 30 JUNE
INDO-MIM to NDTVProfit (KYC)-Bullish Commentary
NATO Defense Spending Will Go Up-Big Boost For Industry
No Technology Can Replace Metal Injection Molding
Running ahead of FY27 PAT Guidance Currently (Will Take Guidance Call On Sept)
Can See Some Delay In RM Deliveries From Europe
Building Backward Integration Unit For Iron Powder
Acquisition In Aerospace Segment Will Help
Aim To Have A Manufacturing Space In Europe
US Tariffs Didn't Affect Co's Business Much
Looking At Both Organic & Inorganic Growth On MIM
85% Of Exports Sent Via Air Cargo (No Impact On Supply Chain)
NATO Defense Spending Will Go Up-Big Boost For Industry
No Technology Can Replace Metal Injection Molding
Running ahead of FY27 PAT Guidance Currently (Will Take Guidance Call On Sept)
Can See Some Delay In RM Deliveries From Europe
Building Backward Integration Unit For Iron Powder
Acquisition In Aerospace Segment Will Help
Aim To Have A Manufacturing Space In Europe
US Tariffs Didn't Affect Co's Business Much
Looking At Both Organic & Inorganic Growth On MIM
85% Of Exports Sent Via Air Cargo (No Impact On Supply Chain)
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INDIA Q1 SECURITIES TRANSACTION SERVICE PPI 89.9 VS 91.7 Q4
INDIA Q1 RAILWAYS SERVICES PPI 103.4 VS 103.3 (QOQ)
INDIA Q1 AIR PASSENGER SERVICES PPI 126.4 VS 106.9 Q4
INDIA Q1 RAILWAYS SERVICES PPI 103.4 VS 103.3 (QOQ)
INDIA Q1 AIR PASSENGER SERVICES PPI 126.4 VS 106.9 Q4
VODAFONE IDEA :
CO HAS MOVED CLOSER TO SECURING A PART OF ITS RS 45,000-CRORE FUNDING REQUIREMENT, WITH STATE BANK OF INDIA (SBI) AGREEING TO SANCTION ITS PORTION OF THE PROPOSED LOAN
CO HAS MOVED CLOSER TO SECURING A PART OF ITS RS 45,000-CRORE FUNDING REQUIREMENT, WITH STATE BANK OF INDIA (SBI) AGREEING TO SANCTION ITS PORTION OF THE PROPOSED LOAN
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INDIA'S Q1 SERVICE PPI DATA
Q1 insurance services PPI at 102.9 vs 102.9 (QoQ)
Q1 banking contribution services PPI at 134.8 vs 131.5 (QoQ)
Q1 pension funds management services PPI at 113.3 vs 103.8 (QoQ)
Q1 telecom services PPI at 112.2 vs 112.2 (QoQ)
Q1 air passenger services PPI at 126.4 vs 106.9 (QoQ)
Q1 railways services PPI at 103.4 vs 103.3 Q4 (QoQ)
Q1 banking services PPI inflation at -3.35% vs -4.10% (QoQ)
Q1 securities transaction service PPI inflation at -1.32% vs 0.55% (QoQ)
Q1 insurance services PPI inflation at 0.98% vs 0.68% (QoQ)
Q1 banking contribution services PPI at 6.90% vs 3.30% (QoQ)
Q1 telecom services PPI inflation at 0.72% vs 0.99% (QoQ)
Q1 railways services PPI inflation at 1.27% vs 1.18% (QoQ)
Q1 insurance services PPI at 102.9 vs 102.9 (QoQ)
Q1 banking contribution services PPI at 134.8 vs 131.5 (QoQ)
Q1 pension funds management services PPI at 113.3 vs 103.8 (QoQ)
Q1 telecom services PPI at 112.2 vs 112.2 (QoQ)
Q1 air passenger services PPI at 126.4 vs 106.9 (QoQ)
Q1 railways services PPI at 103.4 vs 103.3 Q4 (QoQ)
Q1 banking services PPI inflation at -3.35% vs -4.10% (QoQ)
Q1 securities transaction service PPI inflation at -1.32% vs 0.55% (QoQ)
Q1 insurance services PPI inflation at 0.98% vs 0.68% (QoQ)
Q1 banking contribution services PPI at 6.90% vs 3.30% (QoQ)
Q1 telecom services PPI inflation at 0.72% vs 0.99% (QoQ)
Q1 railways services PPI inflation at 1.27% vs 1.18% (QoQ)
Tamil Nadu Chief Minister C Joseph Vijay announced three free LPG cylinders per family every year.
The LPG benefit is linked to the "Annapoorani Super Six" scheme.
The LPG benefit is linked to the "Annapoorani Super Six" scheme.
SMART COWORKING Says
Co's Mkt Share Has Grown Under Flexible Workspace
India Witnessing Mega-Trend Of Flexible Workspaces
Only Company To Lease Large Campuses For Work
Co's Mkt Share Has Grown Under Flexible Workspace
India Witnessing Mega-Trend Of Flexible Workspaces
Only Company To Lease Large Campuses For Work
GODREJ INDUSTRIES: SIGNS MOU WITH HARYANA GOVT FOR ₹20,000 CR INVESTMENT
🤝 Godrej Industries Group has signed an MoU with the Haryana Government outlining plans to invest approximately ₹20,000 crore in the state.
👥 Proposed investments have the potential to create around 40,000 jobs.
🏘️ Godrej Properties plans to invest a further ₹16,000 crore by FY28, taking its total investment in Haryana to around ₹27,000 crore.
🏢 Godrej Ventures plans to invest a further ₹3,500 crore in Grade A+ office infrastructure in Gurugram.
📊 Group has already invested approximately ₹12,000 crore in Haryana and employs around 9,000 people.
🟢 Impact: Positive — major investment plans strengthen Godrej Group’s real estate and commercial infrastructure presence in Haryana and provide significant long-term growth opportunities.
🤝 Godrej Industries Group has signed an MoU with the Haryana Government outlining plans to invest approximately ₹20,000 crore in the state.
👥 Proposed investments have the potential to create around 40,000 jobs.
🏘️ Godrej Properties plans to invest a further ₹16,000 crore by FY28, taking its total investment in Haryana to around ₹27,000 crore.
🏢 Godrej Ventures plans to invest a further ₹3,500 crore in Grade A+ office infrastructure in Gurugram.
📊 Group has already invested approximately ₹12,000 crore in Haryana and employs around 9,000 people.
🟢 Impact: Positive — major investment plans strengthen Godrej Group’s real estate and commercial infrastructure presence in Haryana and provide significant long-term growth opportunities.
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KRBL says Profitability depends on revival of exports and paddy prices in coming periods