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For demerger of Digital, Media and Communications biz to HGSL

COMEX Copper saw a solid downside move in last session following a deep correction in the US equities but falling global Covid-19 cases and very tight exchange inventories capped losses. The metal edged up from lows of $4.46 per pound and currently trades up 0.82% at $4.53 per pound. The number of new coronavirus cases globally fell by 19% in the last week while the […]

After 29 April 2022

The US Energy Information Administration (EIA) reported on Thursday that US natural-gas supplies dropped by 190 billion cubic feet for the week ended February 11 to stand at 1.911 trillion cubic feet. Total stocks were down 404 billion cubic feet from a year ago and 251 billion cubic feet below the five-year average. Powered by Commodity Insights

Ambuja Cements: The company reported 55% fall in consolidated net profit to Rs 431 crore on 2.1% rise in net sales to Rs 7503 crore in Q4CY21 over Q4CY20. Lupin: Lupin Pharmaceuticals Inc., (Lupin) announced that the U.S. Food and Drug Administration approval of Supplemental New Drug Application for SOLOSEC (secnidazole) in adolescents for both the treatment of bacterial vaginosis in females and trichomoniasis. Birla […]

CSB Bank said that the Reserve Bank of India (RBI) has approved the appointment of Pralay Mondal as the deputy managing director of the bank, for a period of three years.

Record date is 02 March 2022

The Philly Fed said its diffusion index for current activity slid to 16.0 in February from 23.2 in January, although a positive reading still indicates growth in regional manufacturing activity, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The bigger than expected decrease by the headline index came as the new orders index fell to 14.2 in February from […]

COMEX Gold shot up yesterday, witnessing excellent safe haven buying on sustained worries due to the Russia-Ukraine crisis. The US stocks showed a substantial move back to the downside during trading on Thursday. The major averages all showed significant moves to the downside, with the tech-heavy Nasdaq seeing heavy losses of nearly 3%. The Dow crashed 1.8% and the S&P 500 index tanked around 2%. […]

The Board of Ambuja Cements at its meeting held on 17 February 2022 has in-principle approved an investment of Rs 3500 crore for a cement grinding expansion plan of potential 7.0 million tons across the companys existing grinding units at Sankrail and Farakka and at a greenfield location at Barh, in Bihar, supported by a 3.2 million tons brownfield clinker expansion at its existing integrated […]