News Overview

Macrotech Developers (Lodha group) consolidated net profit jumped 23.6% to Rs 286.38 crore on a 36% jump in net sales to Rs 2,059.44 crore in Q3 FY22 over Q3 FY21.

Sales rise 11.89% to Rs 86.55 crore

Sales rise 1240.00% to Rs 1.34 crore

Total Operating Income rise 2.84% to Rs 17700.60 crore

Used to treat dry eye disease

The appointment is in line with the Bank’s objective of further strengthening its retail franchise.

Domestic traders anticipate a further increase in rates by a noticeable quantum than was expected earlier, while some also feel that rates may be increased up to 50 basis points as the Fed Reserve is keen to cope with the rising inflation in the US economy.

Bharat Electronics (BEL) and Hyperion Global Group have entered into a contract to develop, manufacture and supply Internet of Things (IoT) devices for the US market.

Sales rise 84.11% to Rs 93.95 crore

The benchmark indices hit fresh intraday low in early afternoon trade. Media and PSU banks bucked the broader selling pressure. The Nifty declined below 16,900 mark. Fears of monetary policy tightening, geo-political tensions of Russia invading Ukraine and firm crude oil prices dented investors sentiment. At 12:29 IST, the barometer index, the S&P BSE Sensex, slumped 1,318.34 points or 2.28% at 56,539.81. The Nifty 50 […]