News for 'Ankur Periwal'

El Nino effect: Agrochem companies may face near-term headwinds

El Nino effect: Agrochem companies may face near-term headwinds

Rediff.com6 Mar 2023

Domestic-focused agricultural chemical (agrochem) companies could face near-term headwinds, given the worries on the El Nio effect on monsoons, higher inventory, and pressure on margins. Some of these were reflected in the October-December quarter (third quarter, or Q3) results of companies and may impact them in the current quarter (fourth quarter, or Q4) as well. Nuvama Research pointed out that the sector witnessed mixed performance during the quarter as global agrochem and domestic fertiliser companies maintained growth momentum, while adverse agronomical conditions and excess channel inventory weighed on domestic market volume offtake.

Will drive-in theatres replace the multiplex?

Will drive-in theatres replace the multiplex?

Rediff.com22 Aug 2020

are in the process of building one at the Jio Center in Bandra Kurla Complex where the Maker Maxity building used to be. "This theatre will be on the top of the mall and should be able to accommodate 300 cars, and is expected to open sometime in January or February next year.