News Overview

The quarter saw growth in Manufacturing and Healthcare segments but muted spending in areas like Communications, BFSI, and Hi-tech

However, analysts of IIFL Capital Services note that generic product approvals by USFDA still remain fairly high at 750-780 ANDAs p.a.

The board approved an interim dividend of Rs 4 per share, totaling Rs 243.72 crore, with a record date of February 7.

The March contract for Brent crude increased by 20 cents, or 0.3%, to $80.24 a barrel.

This marks the seventh fine issued by DGCA to Air India in the last 12 months, totaling around Rs 2.5 crore

On January 11, Sitharaman stated that Indian enterprises should have easy access to global funding.

The company's consolidated sales increased to Rs 1,644 crore.

Spot gold was down 0.3% to $2,021.99 per ounce. At $2,023.40, US gold futures were down 0.1%.

The business has petitioned the Mumbai-based NCLT, "seeking directions to implement the merger scheme.

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