On the strength of strong growth across all verticals, biotechnology giant Biocon on Wednesday announced a 71% increase in consolidated net profit at Rs144 crore for the June quarter.
The CEO stated that he anticipated growth to continue even if movie theatre attendance has not yet reached pre-COVID levels.
NIMs for Poonawalla Fincorp increased by 155 basis points YoY to 9.5%.
On Wednesday, logistics service firm Blue Dart Express announced a more than threefold increase in consolidated earnings after tax for the April to June 2022 quarter compared to the same period.
A new dawn of rapidly rising consumer prices has arrived in Asia, according to Moody's, and the low-inflation scenario is about to experience a "rude awakening."
The CCEA, presided over by PM Modi, has authorized further investment by Bharat PetroResources Ltd, a wholly-owned subsidiary of BPCL, for the construction of the BM-SEAL-11 Concession Project in Brazil
The Gujarat Semiconductor Policy was unveiled on Wednesday by Gujarat's chief minister, Bhupendra Patel.
According to reports on Wednesday, a number of pharmaceutical companies have started talking with the Centre about developing a viable monkeypox vaccine.
As India's economy recovered from the pandemic-induced contraction in GDP, the current account in the Balance of Payments moved from a surplus of 0.9% of GDP in 2020—21 to a deficit of 1.2% in 2021—22. This was due to increased economic activity in India.
In order to increase capacity for the production of waggons, coaches, and foundries, Titagarh Wagons plans to invest up to Rs1,000 crore over the next three to five years.

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