According to Pankaj Pandey, head of research at ICICIdirect.com, India’s defense production, certain consumption patterns and the financial sector continue to offer strong long-term growth prospects even as sector rotation drives market performance in the short term.Speaking to ET Now, Pandey said faster conversion of defense approvals into executable orders will be a major positive […]
Oyo parent company PRISM has extended the deadline for a bonus issue linked to a possible IPO process for its equity shareholders. In its message to shareholders, the company said it had received feedback during the postal voting process and decided to give investors ample time to choose the bonus option that suits them. The […]
Mortgage firm Aptus Value Housing Finance India on Friday reported a 24 percent rise in net profit to Rs 227 crore for the second quarter ended September, supported by business growth. The Chennai-based company had made a profit of Rs 182 crore in the corresponding period last year. Total income during the quarter under review […]