News Overview

There were 3785 jobs created throughout the current fiscal. Payments for incentives under the PLI will begin in fiscal year 2024–2025.

According to Network18's announcement, shareholders will have a one-of-a-kind opportunity to participate in the group's media business through a single listed organization.

Regulatory approval was granted in the Philippines, the second-largest market in ASEAN, for the chemotherapy drug paclitaxel and zoledronic acid.

The buyback offer, with a size of up to 4,09,63,855 shares, has witnessed a subscription for 21,74,43,695 shares as of the December 6 closing, according to BSE data.

The fintech lender stated that it will increase its portfolio of higher-ticket personal and commercial loans.

Orissa Stevedores (OSL) owns the remaining portion. SP Imperial Star, which also serves as SP Ports' guarantor, owns 100% of SP Ports.

Spot gold was up 0.1% at $2,027.12 an ounce. The price of US gold futures dropped 0.2% to $2,044.10.

Lenders having higher reliance on sourcing from Fintechs and small ticket PL should see their greater degree of growth and profitability slowdown, in analysts of IIFL Capital Services view.

Brent crude futures had increased by 32 cents, or 0.43%, to $74.62 per barrel. The price of a barrel of U.S. West Texas Intermediate crude futures increased by 33 cents, or 0.48%.

The allocation to anchor investors is scheduled for Tuesday, December 12.