News Overview

The acquisition is aligned to Route Mobile’s global growth strategy and strengthens its global presence as a CPaaS leader.

Indians have been increasingly adopting alternate asset classes. To illustrate, consider the rise of alternate assets in 2021. Cryptocurrency ended on a high note last year when more than 15 million Indians invested in cryptocurrencies for the first time.

Consolidated revenue stood at Rs4,160.9cr in the quarter under review, rising from Rs4,017.4cr in Q3 of last fiscal and Rs4,091.3cr of the preceding quarter.

Its EBITDA for the quarter ended December 2021 stood at Rs 18.70 crore with the margin at 17.7%, against Rs 13.70 crore for the previous corresponding quarter, up by 36.50% YoY.

The real estate sector of India is resurgent, positive and on the path to a solid recovery. Despite a roller coaster ride in 2021 and the third but milder wave of the Omicron virus, both residential and commercial real estate sectors in cities like Pune are optimistic of sustainable growth in the near future.

LME Inventories Data – 3 February 2022 Copper 82400 (-2475), Aluminium 781900 (-325), Nickel 88182 (-426), Lead 52425 (-50), Zinc 154200 (-450). All figures in tonnes, Daily change in bracket. Powered by Commodity Insights

Indian Energy Exchange on Thursday announced that it traded 8,652 MU electricity volume and achieved 16% year on year growth in January 2022.

Inox Leisure commenced the commercial operations of a multiplex cinema theatre taken on a management contract basis, located at INOX Leisure, in Thiruvalam Road, Katpadi, Vellore (Tamil Nadu) with effect from today, i.e. Friday, 4 February 2022.

Titan's sales were strong in Q3 driven by festive purchases in October and November.

The board has decided to establish a new greenfield grain based distillery in Sitapur, UP with production of up to 330 KL per day.