Budget expectations: Pharmaceutical sector

India Infoline News Service Jan-21-2022

Being research-intensive, the pharma sector incurs significant amount on R&D. Providing fiscal (higher tax deductions) and non-fiscal incentives for R&D expenses will support higher investments in developing new drugs. Investments in novel and specialty drugs are subject to higher risk of failure leading to risk averseness.

Container Corp revenue up 9.69% YoY at Rs1,938.09cr for Q3 FY22

India Infoline News Service Jan-21-2022

The company reported a quarterly net profit of Rs 284.61 crore as of December 2021 up by 21.49% YoY against Rs. 234.27 crore as of December 2020.

Supriya Lifesciences revenue grew by 44% in Q3; stock ends lower

India Infoline News Service Jan-21-2022

Supriya Lifesciences reported growth of 153% YoY in its PAT which stood at Rs 39.64 crore for the quarter ending December 2021, as against Rs 15.69 crore for the previous corresponding quarter.

Torrent Power wins "Sword of Honour" and "Globe of Honour" awards from British Safety Council

India Infoline News Service Jan-21-2022

The companys SUGEN Mega Power Project has also received Sword of Honour award for the second time this year.

Budget expectations: Steel sector

India Infoline News Service Jan-21-2022

In India, domestic steel demand in H2 FY2021 rose a healthy 16.6% year-on-year (YoY).

Budget expectations: Furniture sector

India Infoline News Service Jan-21-2022

Further, subsidy on transportation through railways will also lead to reduction in logistics cost, which are 5 10% higher than global logistics cost, Godrej Interio says.

Edelweiss Balanced Advantage Fund Announces Income Distribution cum Capital Withdrawal (IDCW)

capital market Jan-20-2022

Record date for IDCW is 25 January 2022

HDFC Balanced Advantage Fund Announces Income Distribution cum Capital Withdrawal (IDCW)

capital market Jan-20-2022

Record date for distribution is 25 January 2022

Motilal Oswal Dynamic Fund Announces Income Distribution cum Capital Withdrawal (IDCW)

capital market Jan-20-2022

Record date for IDCW is 25 January 2022

Axis MF Announces IDCW & monthly Income Distribution cum Capital Withdrawal (IDCW) under its schemes

capital market Jan-20-2022

Record date for IDCW is 25 January 2022

L&T Flexicap Fund Announces Dividend

capital market Jan-20-2022

Record date for dividend is 25 January 2022

HSBC Tax Saver Equity Fund Announces Income Distribution cum capital withdrawal (IDCW)

capital market Jan-20-2022

Record date of IDCW is 25 January 2022

Asian markets sink as Treasury yields and oil prices surge

India Infoline News Service Jan-19-2022

Ten-year yields inched about 1 basis point at 1.8860% after hitting 1.8900%, while five-year yields settled at 1.6795%, marking new two-year highs recorded in the early session.

Asian markets rise with Nikkei 225 outperforming; Hong Kong's Tech index soars by 2%

India Infoline News Service Jan-18-2022

Taiwan & South Korean markets traded flat after the Taiwan markets hit new highs as demand for chip manufacturing hits record highs.

Asian markets end on a mixed note; Chinese stocks higher after its GDP number

India Infoline News Service Jan-17-2022

On the economy front, the Chinese economy grew by 8.1% in 2021.

Asian markets decline with Nikkei 225 index taking most beating

India Infoline News Service Jan-14-2022

On the economy front, Chinas exports grew slightly more than expected in December.

US Inflation jumps to 7%, highest in four decades

India Infoline News Service Jan-13-2022

These soaring prices are depriving many Americans of receiving healthy pay increases and making it harder for low-income households to afford basic expenses.

Asian shares mixed as investors react to US inflation data

India Infoline News Service Jan-13-2022

Asian markets where inflation pressure has generally been sombre in major economies could be a significant risk hedging opportunity for investors.

IBBI nods 317 companies resolution plans; 1,126 firms to be liquidated

India Infoline News Service Mar-09-2021

The information was provided by Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, in a written reply to a question in Lok Sabha.

COVID push: Indian small-town retailers going digital with business activity back to normal levels - reveals OkCredit data

India Infoline News Service Nov-04-2020

It is interesting to note that amid the Covid pandemic, remote towns are emerging as the torchbearers for the digitization of the MSME segment.

MSCI confirms it will implement new regime on FOL changes in November review

India Infoline News Service Oct-27-2020

The FOL changes are resulting from the relaxation of the Foreign Portfolio Investor (FPI) limit of Indian companies to the sectoral limit.

IFSCA Committee submits interim report on development of international retail business

India Infoline News Service Sep-22-2020

Other key business verticals, i.e., insurance, asset management, and capital markets, will be covered in reports that the committee plans to release subsequently.

US Firms optimistic approach towards investment in India & are looking at India as an engine for growth post-pandemic era

India Infoline News Service Aug-13-2020

We have steadily grown our trade relations with each other and working towards making India's vision to become a USD 5 Trillion economy in the near future.

Airtel and AWS join hands to accelerate digital transformation of businesses in India

India Infoline News Service Aug-05-2020

This collaboration brings AWS, the worlds leading cloud platform, together with Airtels deep reach and proven expertise in handling network, data centers, security, and cloud as an intergrated solution.

Economic recovery broadened in Q3 FY2022; durability remains elusive: ICRA

India Infoline News Service Jan-20-2022

The year-on-year (YoY) performance of 10 of the 15 high-frequency indicators improved in December 2021 compared to November 2021, such as the generation of GST e-way bills, non-oil merchandise exports, electricity generation, two-wheeler output as well as aggregate deposits and non-food credit of scheduled commercial banks.

RBI Bulletin: Economic activity in India remains strong; Inflation continues to play a spoilsport

India Infoline News Service Jan-18-2022

RBI said that "Consequently, the divergence between monetary policy stances across jurisdictions has widened."

MeitY invites applications under the Chips to Startup (C2S) Programme

India Infoline News Service Jan-17-2022

The programme would be implemented at about 100 academic institutions/R&D organisations across the Country (including IITs, NITs, IIITs, Government/Private Colleges and R&D Organisations).

IT industry can play a key role in raising services exports to $1 trillion a year: Piyush Goyal

India Infoline News Service Jan-17-2022

He said the IT industry can make a big contribution to Services exports by focusing on new technology and products that can make India a bigger global player in the sector.

WPI Inflation halts 4-months rising trend, eases to 13.56% in December 2021

India Infoline News Service Jan-14-2022

The month over month change in WPI for December 2021 stood at (-) 0.35 % as compared to November 2021.

India's exports rises 25% yoy to $57.87B in December 2021, imports climb 34% yoy

India Infoline News Service Jan-14-2022

Indias overall exports (Merchandise and Services combined) in April-December 2021 are estimated to be USD 479.07 Billion, exhibiting a positive growth of 36.31 per cent over the same period last year.