News Overview

Aurobindo Pharma jumped 6.76% to Rs 683.50 after the company announced the signing of sub-license agreement for manufacturing a generic version of Pfizers COVID-19 oral treatment nirmatrelvir.

Ruchi Soya Industries fell 8.81% to Rs 915.95 after the company said it fixed a price band at Rs 615 to Rs 650 per share for its follow-on public offer (FPO).

North Eastern Carrying Corporation Ltd, Kamdhenu Ltd, Dodla Dairy Ltd and SMS Pharmaceuticals Ltd are among the other gainers in the BSEs B group today, 21 March 2022.

China left its benchmark lending rates unchanged on Monday. The one-year loan prime rate was retained at 3.70 percent and the five-year LPR, the benchmark for mortgage rates, was maintained at 4.60 percent. In January, the one-year loan prime rate was reduced by 5 basis points, which was the second consecutive reduction and the five-year LPR was lowered for the first time since April 2020. […]

The rating on the long-term facilities Rs1279. 5 crore has been reaffirmed at CRISIL AA+/Stable.

Business Wire IndiaJaro Education, India’s leading Edtech firm, aims to clock more than INR 300 crores in revenues by the end of FY 22-23. The revenue target for FY 2022-23 will be a 200% increase as compared to FY 2021-22. The Edtech pioneer is set to report its revenue for FY 21-22 at over 100 crores, marking a 100% jump over the last financial year. […]

For supply of satcom equipment

The International Grains Council (IGC) stated in a latest monthly update that due to an increase for maize (Ukraine, India and the EU), the forecast for world 2021/22 total grains (wheat and coarse grains) production is lifted by 3 million (m) tonnes (t) m/m or month-on-month, to 2,284m. Black Sea export disruptions and higher prices are projected to lead to some demand rationing. Consumption is […]

Wockhardt Ltd, Uflex Ltd, Jubilant Pharmova Ltd and Balrampur Chini Mills Ltd are among the other gainers in the BSEs A group today, 21 March 2022.

Adani Enterprises was marginally in the red zone as the sector had 14 advances and 1 decline.