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JMC Projects (India) rose 1.06% to Rs 99.75 after its board approved fund raising upto Rs 200 crore via non-convertible debentures (NCDs), on a private placement basis.

The headline equity indices traded with modest losses in the afternoon trade. The Nifty traded below the 17,750 mark. FMCG and media stocks were in demand while metal, bank and pharma shares witnessed a bit of a selling pressure. At 13:29 IST, the barometer index, the S&P BSE Sensex, was down 291.33 points or 0.49% to 59,428.41. The Nifty 50 index declined 96.25 points or […]

The Asian Development Bank lowered its growth forecast for developing Asia for this year and next, amid a sharp slowdown in global growth, increased inflationary pressures and monetary tightening, the war in Ukraine, and a Covid-19 lockdown in China. ADB expects developing Asia to grow 4.3 percent, which is slower than the 5.2 percent forecast in April. Likewise, the ADB lowered the growth projection for […]

C.E. Info Systems (MapMyIndia) announced that it has acquired 26.37% stake in Kogo Tech Labs to build travel & hyper-local discovery, commerce, social, gamified platform integrated with maps and navigation.

TCS has been a Zurich Insurance Germany partner since 2016.

SpiceJet is currently operating 50% of its flights

The Asian Development Bank revised down growth projections from that made in April, to 4.3% from 5.2% for this year and to 4.9% from 5.3% for 2023. Excluding the PRC, the rest of developing Asia is projected to grow by 5.3% in both 2022 and 2023, the first time in more than 3 decades that the rest of developing Asia will grow faster than the […]

Hindustan Unilever Ltd is quoting at Rs 2625.85, up 1.64% on the day as on 12:49 IST on the NSE. The stock is down 5.7% in last one year as compared to a 1.07% spurt in NIFTY and a 6.92% spurt in the Nifty Financial Services index.

NULIBRY is a first-in-class cPMP substrate replacement medication authorized by the US Food and Drug Administration (USFDA) in 2021 to lower the risk of mortality in MoCD Type A patients.

The business has secured an order for infra works in the Hydrocarbon segment in India.