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Profit increased 27% sequentially from the ₹138 Crore reported in the December quarter. In the meantime, QoQ (quarter over quarter) revenue increased by 8.3%.

According to Varghese, the company wants to offer lower- to middle-class consumers full-stack financial services.

Energy cargo tracker Vortexa reports that diesel exports to Europe fell to 210,000 barrels per day (bpd) in April from 262,000 bpd in March.

Nalanda Capital of Singapore, through its affiliate Nalanda India Equity Fund Ltd, sold shares of Great Eastern Shipping Co Ltd.

Even though it has a one-year opportunity to keep the Shriram identity, the company will adopt a new brand name.

According to sources, Sidbi Ventures has pared the entire stake in Annapurna, while others have exited partially.

Dhaksha has improved its technological capabilities and invested in research initiatives to develop new goods and applications during the last year, he stated.

The partnership follows Biocon's success in becoming the first business to receive approval for gLiraglutide in an ICH country.

The business added that, contingent on shareholder approval, its board has recommended a dividend of ₹5 per equity share to the investors.

Nayara Energy holds a 7% share in petrochemicals and an 8% share in both the domestic fuel retailing and refining capacities of India.