News Overview

ICICI Bank to invest in their joint venture for setting up a new refinery

AU Small Finance Bank Ltd is quoting at Rs 633.1, up 1.47% on the day as on 12:44 IST on the NSE. The stock is up 6.32% in last one year as compared to a 4.82% jump in NIFTY and a 14.9% jump in the Nifty Bank.

Godrej Consumer Products Ltd is quoting at Rs 859.55, up 1.35% on the day as on 12:44 IST on the NSE. The stock is down 6.37% in last one year as compared to a 4.82% spurt in NIFTY and a 15.32% spurt in the Nifty Financial Services.

Coforge announced a partnership with the Mack Institute for Innovation Management at the University of Pennsylvanias Wharton School. The Mack Institute for Innovation Management supports industry and academic communities to transform innovation research into real-world impact. The institute advances knowledge in four areas: innovation opportunities, strategies for innovating, leading and organizing for innovation, and capturing economic value from innovation investments. The partnership will offer Coforge […]

Cipla has received a communication from the USFDA that the classification of Companys Goa manufacturing facility continues to be as Official Action Indicated (OAI). USFDA may continue to withhold product approvals from this facility till the outstanding observations are resolved. The Company has an ongoing derisking plan in place for new product approvals. The Company will work closely with the USFDA and is committed to […]

BOI reaches a 17-month high on optimistic prospects

The US dollar fell broadly against major currency pairs on Thursday after minutes from the Federal Reserves November meeting showed that most policymakers at the central bank agreed it would soon be appropriate to slow the pace of interest rate hikes. Earlier this month, the Fed delivered its fourth straight 75 basis point rate increase to 3.75%-4% in an effort to tame stubbornly high inflation. […]

Its 66,000 km of cables span 46 countries from North America to Asia, with a strong presence on the Europe-Asia and Intra-Asia routes in particular.

The EPC major announced that its construction arm has secured significant orders for its heavy civil infrastructure business.

According to Tarun Bajaj, the revenue secretary, the growth in tax receipts would continue to outpace that of the GDP because of improved compliance