Investing in energy, automobile, healthcare, FMCG, oil and gas, metal or IT stocks? Know how India Inc per
Steady demand, lower input costs and stable interest rates supported the performance of corporate India in the September quarter. The energy and automobiles sectors contributed the most to India Inc.’s profitability. As many as 490 companies of the Nifty 500 index reported an aggregate revenue and net profit (adjusted for extraordinary items) growth of 1% and 43%, respectively, on a y-o-y basis. Excluding the financial sector stocks, the aggregate EBITDA of 405 stocks grew 40.7% y-o-y. Key Points
Economic Times2,623 wilful defaulters owe Rs 1.96 lakh crore to banks
According to information provided by the Reserve Bank of India (RBI), 2,623 unique borrowers who are classified as wilful defaulters. These borrowers have a total outstanding debt of Rs 1,96,049 crore with scheduled commercial banks as of March 2023. The data pertains to borrowers with aggregate exposures of Rs 5 crore and above. Key Points
Economic TimesRRC WR to recruit for 3624 Apprentice posts, registration begins June 27 at rrc-wr.com
RRC WR will recruit for Apprentice posts. The registration process will begin on June 27, 2023 at rrc-wr.com. Key Points
Hindustan Times