News Overview

GST collection stood at Rs 1.49 lakh crore in the month.

The block has estimated bauxite reserves of 22.13 million tonnes.

The scheme aims to generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY G- Sec Apr 2029 Index, subject to tracking difference over long term.

New plant is likely to be set up in Bengaluru.

Divgi TorqTransfer Systems initial public offering (IPO) opened for subscription on March 1 will be going to end today on March 3.

Analysts at IIFL Capital Services attended Solvay’s webinar on Soda Ash & Derivatives on Monday. Solvay represents ~18% of global soda ash capacities (excluding China), making it the world’s largest producer of soda ash.

Analysts at IIFL Capital Services believe Cipla’s 23-page Indore ‘483 raises two critical observations – 1) problems in laminar airflow pattern and deficient smoke studies in cleanrooms for manufacturing sterile products, and 2) company not evaluating health hazards for >3000 product complaints received from CY20-22.

Analysts at IIFL Capital Services have updated their estimates and continue to like JSPL and Tata Steel among large caps.

MMFSL has partnered with Car&Bike and Rupyy for these loans.

Company has said that its core assets have not been affected by this breach.