Rising costs likely to exert pressure on profitability of cement companies: ICRA
MediaInfoline
Jan 03
The cement companies have experienced rising energy and freight costs on the back of higher pet coke, coal and diesel prices during H1 FY2018. While most of the large cement companies (barring South-based companies) have ...
Opportunity for mutual funds to sell low-risk products to capitalise on savings rate cuts: ICRA
MediaInfoline
Aug 30
The State Bank of India (SBI) on July 31, 2017 announced a 50 basis points (bps) reduction in the interest rate on savings deposits, of less than Rs. 10 million in value, to 3.5%. Following ...
