The US stocks closed volatile session mixed on Thursday, 12 May 2022, with the Dow Jones Industrial Average and the S&P 500 settling edge below neutral line, while the Nasdaq managed to cling gain line. After plunging almost 2% earlier in the session, the S&P 500 index almost erased its losses into the close of trade after Federal Reserve Bank of San Francisco President Mary […]
Indias consumer price inflation accelerated further in April to its highest level in eight years, raising the prospect of another interest rate hike from the central bank in the next policy meeting in June. The consumer price inflation climbed to 7.79 percent from 6.95 percent in March. Price growth is now at its highest level since May 2014, when it was 8.33 percent. A year […]
Siemens fell 3.83% to Rs 2188.15 after the company reported a standalone net profit of Rs 328.90 crore in Q2 FY 2022, which is marginally higher as compared with a net profit of Rs 328.30 crore recorded in Q2 FY 2021.
In relation to this partnership, Wipro will leverage its ecosystem of local and global partners to digitalize their services and future-proof Scania’s workplace.
The Indian rupee is likely to see mild recovery on Friday, 13 May 2022 paring sharp decline from the previous session even as dollar continues to soar to fresh 20-year peaks and crude oil prices rebound. Bounce back in Asian shares are expected to support. Rupee snapped its two-day winning streak and slumped by 15 paise to end at 77.40 against the US dollar on […]
Bemdac (Bempedoic acid), a new class of drug that treats uncontrolled LDL-Cholesterol, despite the use of a maximum tolerated dose of statins.
Consolidated EBITDA for the quarter stood at Rs41 crore.

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