News Overview

Q2FY23 saw an aggregate PAT growth of 18% on a 3-year CAGR basis, for a sample of 424 BSE500 companies. Excluding Financials and Commodities, PAT growth was 10% 3-year CAGR.

PAT stood at Rs8.4 crore, up by 11% on yoy basis in Q2FY23.

The key equity barometers traded with limited losses in morning trade. The Nifty traded a tad below the 18,380 mark. PSU bank and FMCG stocks edged higher while metal, consumer durables and IT shares witnessed a bit of a selling pressure. Trading was volatile due to the expiry of weekly index options on the NSE today. At 10:30 IST, the barometer index, the S&P BSE […]

According to a government announcement, the tax on crude oil produced by companies like the state-owned Oil and Natural Gas Corporation (ONGC) increased to Rs10,200 per ton on November 17 from Rs9,500 per ton.

Acquires additional 5.71% stake for Rs 19.99 crore

Suven Life Sciences has allotted 7,26,91,239 fully paid-up equity shares of the company at an issue price of Rs 55 per share on rights basis. Powered by Capital Market – Live News

Japan posted a merchandise trade deficit of 2,162.3 billion yen in October, the Ministry of Finance said on Thursday. Exports were up 25.3 percent on year to 9.001 trillion yen, shy of forecasts for a 28.1 percent increase following the 28.9 percent gain in the previous month. Imports surged an annual 53.5 percent versus expectations for a jump of 49.7 percent following the downwardly revised […]

KrisFlyer & PPS Club members will earn miles on every Thomas Cook Foreign Exchange transaction.

The offer received bids for 1.73 crore shares as against 86.47 lakh shares on offer.

Business Wire India Today, OpenOcean, a leading European venture capital firm, IQM Quantum Computers, a European leader in quantum computers, and Lakestar, the leading European technology investor, have released the OpenOcean–IQM-Lakestar State of Quantum 2022 Report, in association with The Quantum Insider (TQI). The report shows that 91% of business leaders are investing or planning to invest in quantum computing, a field in which private investment […]