News Overview

Zydus Lifesciences Ltd is quoting at Rs 414.45, down 2.21% on the day as on 13:19 IST on the NSE. The stock tumbled 13.76% in last one year as compared to a 1.85% rally in NIFTY and a 5.74% fall in the Nifty Metal index.

The domestic equity barometers traded near the flat line with tiny gains in the afternoon trade. The Nifty traded a tad below the 18,340 mark. Auto, bank and financial services stocks were in demand while realty, FMCG and IT shares declined. At 13:28 IST, the barometer index, the S&P BSE Sensex, was up 31.76 points or 0.05% to 61,655.91. The Nifty 50 index gained 10.65 […]

Globus Spirits slumped 8.78% to Rs 734.40 after the companys net profit declined 57.9% to Rs 22.1 crore on 25.7% jump in net revenue from operations to Rs 480.3 crore in Q2 FY23 over Q2 FY22.

Ganesan is joining IppoPay from Spark Capital Advisors with a wealth of experience spanning more than ten years in investment banking.

OPEC stated in latest monthly update while India’s major economic activities kept its positive momentum, inflation and a slowdown in industrial activities might overshadow the steady economic activities. Due to global supply chain disruptions, industrial output kept deteriorating in August, contracting by 0.8% y-o-y compared with 2.2% y-o-y growth in July. Nevertheless, the pick-up in capital infrastructure and consumer durables output continued to build momentum. […]

Aseptic Packaging sales volumes increase by 149% yoy.

Radico Khaitan slipped 2.83% to Rs 956 after the the liquor makers standalone net profit tumbled 25.2% to Rs 51.8 crore as against Rs 69.3 crore recorded in Q2 FY22.

Business Wire India Anil Jain, Gaurav Jain, Dr Apoorva Ranjan Sharma and Anuj Golecha Venture Catalysts Group: Snapshot93+ Successful DealsVenture Catalysts Group (Vcats++), India’s first integrated incubator and a full-stack investor for early to growth stage startups, has announced that about 54 of its portfolio startups have crossed $50 million valuation this year. Despite challenging times that led to a 70% decline in funding this […]

OPEC stated yesterday that after three consecutive months of sharp declines, crude oil futures prices bounced back in October from low levels recorded a month earlier. This took place amid easing selling pressure in futures and financial markets and a drop in US dollar value against a basket of major currencies to its lowest point since mid-September. Between 27 September and 26 October, the US […]

With effect from 14 November 2022