News Overview

The MoU for the proposed transaction was signed at the Global Investor Summit organized by Govt. of West Bengal at Kolkata.

The ongoing merger process of Jindal Stainless (JSL) and Jindal Stainless (Hisar) (JSHL) achieved another milestone. As per regulatory requirement, the Companies convened meetings of their shareholders and creditors for approving the Scheme of Arrangement between the two Companies. The Scheme was approved by an overwhelming majority. The meetings to approve the Scheme of Arrangement were organised on 23 April 2022, pursuant to the order […]

UK public sector net borrowing decreased in March. Public sector net borrowing excluding banks decreased by GBP 8.8 billion from the last year to GBP 18.1 billion in March. However, the deficit was the second-highest for the month of March since records began in 1993. In the financial year ending March 2022, the budget deficit excluding banks totaled GBP 151.8 billion or around 6.4 percent […]

The completion of this acquisition depends on fulfilment of conditions precedent and in accordance with the terms agreed upon in the SPA.

Company’s Total income stands at Rs1,096.93 crore in Q4FY22, up by 46% QoQ as against Rs763.87 crore in Q3FY22.

Emami Ltd is quoting at Rs 490.3, up 1.03% on the day as on 12:54 IST on the NSE. The stock is down 3.65% in last one year as compared to a 16.76% gain in NIFTY and a 10.74% gain in the Nifty FMCG index.

Biocon Ltd is quoting at Rs 383.1, up 0.59% on the day as on 12:49 IST on the NSE. The stock is down 3.77% in last one year as compared to a 16.72% spurt in NIFTY and a 0.99% spurt in the Nifty Pharma.

Colgate-Palmolive (India) Ltd is quoting at Rs 1619.25, up 0.53% on the day as on 12:49 IST on the NSE. The stock is up 8.31% in last one year as compared to a 16.72% gain in NIFTY and a 10.74% gain in the Nifty FMCG.

WTI crude oil prices seem to have lost the psychological support of $100 as demand worries escalate amid Chinas worsening Covid situation. Chinas central bank on Tuesday pledged to increase support for the economy as authorities in Beijing expanded virus testing to most of the city, raising concerns about a lockdown of the capital. Meanwhile, China will keep liquidity reasonably ample in financial markets, the […]

The partnership leverages both companies’ extensive expertise in data-driven digital transformation.