News Overview

Indian Overseas Bank advanced 2.94% to Rs 17.50 after the banks net profit rose 57.9% to Rs 552.38 crore despite a 5.8% fall in total income to Rs 5,718.68 crore in Q4 March 2022 over Q4 March 2021.

The equity indices sharply pared gains in the mid-afternoon trade. Pharma, FMCG and healthcare sectors advanced while realty and PSU banks stocks corrected. The Nifty slipped below the 16,300 level. At 14:30 IST, the barometer index, the S&P BSE Sensex, rose 9.29 points or 0.02% at 54,327.76. The Nifty 50 index rose 11.80 points or 0.07% at 16,271.10. In the broader market, the S&P BSE […]

Tata Communications launched DIGO, an in-network, cloud communications platform to power up customer engagement for digital-first businesses. The platform offers a full suite of device-agnostic communications tools to seamlessly integrate into an enterprises current applications, enabling it to bring intelligent, 360-degree human-to-everything (H2X) interactions for its users. This newly launched DIGO powered by Tata Communications offers businesses an extensive range of cutting-edge customer engagement tools […]

Sudarshan Chemical Industries Ltd registered volume of 21.94 lakh shares by 14:14 IST on NSE, a 24.34 fold spurt over two-week average daily volume of 90124 shares

Sales decline 91.48% to Rs 1.00 crore

Sales decline 12.93% to Rs 1.01 crore

On 18 May 2022

Reported sales nil

To 26 May 2022

Business Wire India Piper Sandler & Co. chemicals investment banking announced today that it has advised PETRONAS Chemicals Group Berhad (PCG) on its acquisition of Perstorp Holding AB. The transaction Enterprise Value is €2,300 million and base purchase price, less adjusted net debt, is €1,538 million. It is expected to close in Q3 2022 subject to customary closing conditions.   PCG is the leading integrated […]