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Abbott Indias net profit rose 5% to Rs 205.64 crore in Q1 FY23 as against Rs 195.76 crore posted in Q1 FY22.

The state-run oil major reported a standalone net profit of Rs 1,555.49 crore in Q1 FY23, steeply higher than Rs 507.94 crore recorded in Q1 FY22.

Uflex surged 7.09% to Rs 670.15 after the companys net profit rose 41.84% to Rs 374.49 crore on 46.70% increase in net sales to Rs 3994.46 crore in Q1 June 2022 over Q1 June 2021.

The export order is for the supply of 71 earth-moving machines to Cameroon.

Ten days into August, deals involving technology worth around $13.4 billion have been announced in North America

Emkay Global Financial Services Ltd, Capacite Infraprojects Ltd, AMD Industries Ltd and Visagar Polytex Ltd are among the other gainers in the BSEs B group today, 11 August 2022.

Its insurance business increased by 52% year over year. While credit disbursal increased 136% year over year, to Rs 2,430 crore

Uflex Ltd, Mazagon Dock Shipbuilders Ltd, Somany Ceramics Ltd and Asahi India Glass Ltd are among the other gainers in the BSEs A group today, 11 August 2022.

The World Gold Council in its latest Investment Update stated that in historical periods of higher rates and high inflation, gold has generated attractive returns relative to stocks and bonds and has improved risk-adjusted returns for Indian investors. Citing historical data, the update suggested that gold has offered attractive returns during Indias monetary-tightening cycles. In five rate-hiking cycles since 2004 gold in Indian rupees averaged […]

Singapores gross domestic product was down a seasonally adjusted 0.2 percent on quarter in the second quarter of 2022, the Ministry of Trade and Industry reported. On a yearly basis, GDP rose 4.4 percent – again missing forecasts for 4.8 percent and up from the upwardly revised 3.8 percent in the three months prior (originally 3.7 percent). Upon the release of the data, the MTI […]