News Overview

The Executive Board of the International Monetary Fund (IMF) concluded the 2022 Article IV consultation with the Philippines and considered and endorsed the staff appraisal without a meeting on a lapse-of-time basis. Following a sharp contraction in 2020, the Philippine economy rebounded in late 2021, growing by 5.7 percent. Growth accelerated further to 7.8 percent in the first half of 2022, spurred by strong domestic […]

Shakti Pumps (India) advanced 1.67% to Rs 410.10 after the companys promoter acquired 12,000 shares of the company from the open market on Monday.

He has been associated with the company for the past eight years as Group Finance Controller.

Lupin rose 1.87% to Rs 747.40 after the drug major announced that it has launched Formoterol Fumarate Inhalation Solution in the United States (US).

Rashtriya Chemicals & Fertilizers said that its board has approved an interim dividend of Rs 1.60 per equity share for the financial year 2022-23.

On 28 November 2022

The ESOP buyback of flipkart is to facilitate PhonePe’s $1.5-2 Bn fundraise

Laurus Labs dropped 7.52% to Rs 416.60, extending losses for the second consecutive session.

Lumax Industries rose 2.46% to Rs 1,975.05 after the company said that its board will meet on Wednesday, 7 December 2022, to consider and approve the proposal for setting up a new manufacturing unit in Chakan, Pune and funding options.

Fusion Micro Finance reported steeply higher net profit of Rs 95.06 crore in Q2 FY23 as against Rs 3.21 crore posted in Q2 FY22.