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Vedanta clarified on news that said that the company has partnered with Foxconn to make semiconductors in India.

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Business Wire India Net sales up 4.0% and EBITDA up 6.6% at constant exchange rates (CER) a result of profitable growth in net sales combined with diligent cost containment Iron franchise – Ferinject® / Injectafer® sales up 20.1% at CER reflecting strong recovery on improved patient access from Q2 2021 onwards; Injectafer® patent settlements protecting exclusivity until July 2026 in the US Dialysis – Velphoro® net sales up 3.0% […]

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The board of GHCL on Wednesday, 16 February 2022 approved the additional capital budget amounting to Rs 83 crore for spinning division of the company for FY2021-22.

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The agency estimates GNPA at 6.3% and stressed assets at 8.7% for FY22 and at 6.1% and 7.6%, respectively, for FY23.

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WTI Crude oil futures slipped in Asia, giving up bulk of their overnight gains as continued softening in the Russia-Ukraine tensions clubbed with lack of fresh buying at near seven year high mark weighed on the prices. The commodity moved up impressively in last session as the US equities edged up and the threshold of 90 per barrel supported the counter for a second session. […]

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Adds Kolkata market in its Subscription program, now available across 20 cities.

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The FMCG majors net profit fell 20% to Rs 386.66 crore on 8.45% increase in net sales to Rs 3,706.20 crore in Q4 December 2021 over Q4 December 2020.

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