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SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 17 points at the opening bell. Meanwhile, the Reserve Bank of India (RBI) on 21 July 2022 said that the rate setting Monetary Policy Committees (MPC) meeting next month is rescheduled due to administrative exigencies. The MPC will now meet on August 3-5, from previously scheduled […]

The European Central Bank raised its interest rates for the first time in over a decade on Thursday, by a bigger-than-expected 50 basis points, and unveiled an anti-fragmentation tool called the Transmission Protection Instrument, or TPI. ECB President Christine Lagarde had said in June that the bank would hike interest rates by 25 basis points in July and follow up with a similar, or bigger, […]

According to Chief Minister, the FMCG company would invest Rs700 crore in the state, noting a shift in the mindset of investors.

In an effort to lower the euro zone's record-high inflation rate, the ECB increased its deposit rate by 50 basis points to zero, roughly twice as much as it had suggested following its previous meeting.

Net profit in June quarter at Rs1.32 crore

The company reported a net profit of Rs3,092 crore for the quarter, increasing 5.6% sequentially

Sales rise 34.47% to Rs 328.92 crore

Sales rise 26.50% to Rs 668.54 crore

Biocon: Biocon said the US FDA concluded a pre-approval inspection for Site 3 located at Hyderabad, Telangana on 20 July 2022. Three observations were cited at the end of the inspection, which we will be addressing within the stipulated time. RBL Bank: RBL Bank reported standalone net profit of Rs 201.16 crore as against a net loss of Rs 459.47 crore in Q1 FY23 over […]

The biotechnology major said the US health regulator has issued three observations after inspecting its Telangana-based manufacturing plant.