A virtual annual general meeting of GKB Ophthalmics, a microcap firm in the medical equipment segment, has gone viral on social media after a shareholder who reportedly owns just one share launched a strongly worded attack on the company’s management. The video, widely circulated by several X users in their posts, shows investor Abhishek Kalra…
Air India and Indian Oil Corporation Limited (IOCL) has signed a Memorandum of Understanding (MoU) for the supply of Sustainable Aviation Fuel (SAF). Under the MoU, the Tata Group company and IOCL have outlined their shared commitment to promote the adoption of low-carbon fuels in aviation, support global decarbonisation goals, and contribute to the transition…
Indian chemical companies are taking notable strides in developing a comprehensive ecosystem to support semiconductor manufacturing, a critical component of the country’s broader push to establish itself as a global player in high-tech industries, according to a report by Bastion Research. Semiconductor manufacturing requires a wide range of ultra-high-purity chemicals used in wafer fabrication processes…
South Korea’s Hyundai Motor Group ranked second globally in operating profit during the first half of this year, surpassing Germany’s Volkswagen Group, industry data showed on Sunday. The combined operating profit of Hyundai Motor Co. and Kia Corp. totaled 13.01 trillion won (US$9.35 billion) for the January-June period, reports Yonhap news agency. By comparison, Volkswagen…
India’s largest state-owned shipbuilder, Cochin Shipyard Limited (CSL), and HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the shipbuilding division of South Korea’s HD Hyundai, have signed a memorandum of understanding (MoU) to jointly expand their global footprint and boost India’s shipbuilding capacity, The Korea Herald reported. As per The Korea herald’s report, the strategic…
Why the Interest Coverage Ratio Matters A high ICR suggests that a company is generating enough earnings to comfortably meet its interest obligations, indicating strong financial health and lower risk of default. A low ICR can signal financial strain, as the company may struggle to pay interest, potentially leading to higher financial risk. Source link