News Overview

Company had posted loss of Rs104.89 crore in the corresponding quarter of the previous year

Asian Paints Ltd, reported 54.1% growth in total revenues yoy for the Q1FY23 quarter on consolidated basis at Rs8,607 crore

Gold is seen holding slightly lower, just under $1715 levels as recovery in US treasury yields could push dollar higher as markets brace for Fed interest rate decision later in the global day. However, deteriorating economic data from the US and sharp sell off in equities could see support for the safe haven commodity. COMEX Gold futures are marginally lower by 0.16% at $1714.90 an […]

The Russian central bank came out with some figures regarding the crude oil exports to India and China, find out more here.

The drug maker has received final approval from the United States Food and Drug Administration (USFDA) to market Bisoprolol Fumarate tablets USP 5 mg and 10 mg.

The Competition Commission of India (CCI) announced on Twitter on Tuesday that it has given the go-ahead for BlackRock and Mubadala to indirectly purchase a stake in Tata Power Renewable Energy Ltd.

According to Coca-Cola Company, the growth of its sparkling soft drinks in the second quarter was 8% and was "mainly driven by India, Mexico, and Brazil."

Rising domestic output, which increased by 5% over the year during April—June, partially offset the fall in imports. Reduced capacity utilization at gas import terminals is another effect of this.

Copper gave up its three-day winning streak in early Asia on Wednesday amid lingering concerns of global economic slowdown after the International Monetary Fund cut its global growth forecasts yet again. IMF cut global growth forecasts on Tuesday, warning that downside risks from high inflation and the Ukraine war were materializing and could push the world economy to the brink of recession if left unchecked. […]

L&T: The company reported 45% rise in consolidated net profit to Rs 1702 crore on 22% rise in total revenue to Rs 35853 crore in Q1 FY23 over Q1 FY22. The company secured orders worth Rs 41,805 crore at the group level during the quarter ended June 30, 2022, registering a growth of 57% over corresponding quarter of the previous year. Tata Power Company: On […]