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Unlike in February 2022, when the IIP growth remained under 2% despite a negative base, March 2022 has seen growth over base IIP number of 24.14% in March 2021.

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RBL Bank gained 8.45% to Rs 110.35 after the company reported 162.6% surge in net profit to Rs 197.83 crore on a 5.1% rise in total income to Rs 2,642.31 crore in Q4 FY22 over Q4 FY21.

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The generic product approval is based on Pentasa Extended Release Capsules, 500mg as a reference product.

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Matrimony.com surged 16.53% to Rs 776.85 after the companys board approved share buyback worth Rs 75 crore at price not exceeding Rs 1,150 per share.

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Benchmark indices trimmed early gain but still traded higher in morning trade with the Nifty above 15,950 level. Media, autos and IT stocks were in demand. At 10:27 IST, the barometer index, S&P BSE Sensex was up 441.71 points or 0.83% to 53,372.02. The Nifty 50 index rose 142.65 points or 0.90% to 15,950.65. The broader market outperformed the main stock indices. The S&P BSE […]

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Business Wire India doola launches banking product for global founders: doola helps global entrepreneurs start a US business with support including EIN, US address, bank account, and tax filings. New banking product supports founders on every continent, with no US SSN required, and no visit to the US required. US monthly business applications are over 400,000 per month (on track for 5M+ in 2022) and […]

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