Want to invest in most profitable firms of FY22? Here is the list of top 10

India Inc reported over 50 per cent growth in consolidated net profit for the financial year ended March 31, while net sales jumped by 25 per cent on a year-on-year (YoY) basis. Data available with Ace Equity showed that the top 10 players contributed as much as 25 per cent and 33 per cent to … Read more

Tata Steel board to consider proposal to split equity shares on May 3

The board of Tata Steel Ltd will on May 3 consider a proposal to split the stock and also recommend a dividend, the Indian steel maker said in a statement on Sunday. Without specifying the ratio of the stock split, it said the meeting on May 3 would consider a sub-division of the shares with … Read more

Ukraine conflict: Tata Steel seeks alternative to Russian coal

The geopolitical situation after Russia’s invasion of Ukraine has also opened up steel export opportunities in Europe, following a supply vacuum of 45 million tonnes of the metal left by Russia and Ukraine in the continent, Tata Steel Managing Director TV Narendran said. Tata Steel Ltd is looking at alternative markets for coal imports as … Read more