News Overview

BGR Energy Systems owed financial institutions a total of ₹3,758 Crore in outstanding debt, of which ₹1,400 Crore and ₹2,358 Crore were fund-based

The company reported that net profit for the quarter ended March 31 increased to ₹21,243 Crore, surpassing analyst projections,

According to M&M Finance's estimation, the fraud's financial impact is not expected to surpass ₹150 Crore.

Reliance Jio Infocomm, a leading telecom provider, announced a 13% year-on-year increase in standalone net profit to ₹5,337 Crore for the quarter ended March 31, 2024.

According to IQVIA MAT data, Mirabegron extended-release tablets (USP 25mg and 50mg) had yearly sales of USD 2.42 billion in the United States.

The company's gross sales for FY24 was ₹3,06,786 Crore, up 17.8% from the previous year.

Only employees with office compliance levels more than 85% will get the entire variable pay for the quarter.

The broader market outperformed the benchmark indices, with the BSE SmallCap index gaining 0.91% and the BSE MidCap index rising 0.46%.

Awfis Space Solutions' IPO includes a fresh issue of ₹160 Crore and an offer-for-sale of up to 10.02 million shares by existing shareholders and promoters.

The project encompasses both the supply and service aspects for its development on a turnkey basis and is expected to be completed within the financial year 2024-25.