News Overview

Policy unchanged, guidance hawkish.

According to an exchange filing, the company has stopped work on another ongoing project.

Improved supply, which resulted in a sequential rise in retail and wholesale volumes, was credited by the corporation with this growth.

Home care experienced volume growth in the mid-single digits in particular product categories, while personal care saw growth in the low-single digits.

Lupin will produce the product at its Nagpur facility.

Bharat Heavy Electricals initiated separate arbitration proceedings against Jaiprakash Power Ventures, resulting in "substantial" claims awarded to BHEL by the arbitral tribunal

Over Rs 139 crore in dividends were given to shareholders of the company in total for the fiscal year 2022–2023.

TCIL received a tax penalty notice of approximately Rs 40 lakh on October 4, 2023, from the Deputy Commissioner of Commercial Taxes, Jamshedpur Circle.

In August, Vedanta reached out high court stating that the department has not remitted its determined refund of over Rs 190.23 crore for AY 2021-22.

The dollar index, which earlier in the week reached a high of about 11 months at 107.34, last traded at 106.37, but it has continued to rise for 12 weeks in a row.