News Overview

The headline equity indices are trading with decent gains in the early trade, tracking positive Asian stocks. The Nifty is currently trading above the key 16,000 level after regaining that level in early trade. Healthcare, pharma and FMCG shares advanced while PSU bank, IT and metal stocks declined. At 09:30 IST, the barometer index, the S&P BSE Sensex, was up 132.03 points or 0.25% to […]

Tata Metaliks tumbled 6.97% to Rs 653.40 after the companys net profit dropped 98.7% to Rs 1.22 crore on 10.5% increase in net sales to Rs 666.37 crore in Q1 FY23 over Q1 FY22.

MindTree fell 3.51% to Rs 2797.50 after the company reported 0.3% decline in net profit to Rs 471.6 crore despite a 7.7% rise in revenue to Rs 3,121.1 crore in Q1 FY23 over Q4 FY22.

The company intends to increase its top line by more than 20% CAGR over the same time period.

Sanofi India Ltd has added 1.51% over last one month compared to 4.06% gain in S&P BSE Healthcare index and 1.77% rise in the SENSEX

Infosys announced a definitive agreement to acquire BASE life science, a leading technology and consulting firm in the life sciences industry, in Europe. The acquisition reaffirms its commitment to help global life sciences companies realize business value from cloud-first digital platforms and data, to speed-up clinical trials and scale drug development, positively impacting lives and achieving better health outcomes. BASE brings to Infosys, domain experts […]

With the Federal Reserves next monetary policy decision looming toward the end of the month, the central bank released its latest Beige Book. The Beige Book, a compilation of anecdotal evidence on economic conditions in each of the twelve Fed districts, noted U.S. economic activity has expanded at a modest pace since mid-May. Several districts reported growing signs of a slowdown in demand, with contacts […]

The branch will provide a wide range of retail banking services to DCB Bank customers in Amravati, including lockers of various sizes, etc.

A manufacturing facility will be built in the Balasore area of Odisha by Bank Note Paper Mill India, a joint venture between Security Printing and Minting Corporation of India Ltd and Bharatiya Reserve Bank Note Mudran Pvt Ltd.

JSW Neo Energy, a wholly owned subsidiary of JSW Energy has received Letter of Award (LoA) for a total Wind capacity of 300 MW from Solar Energy Corporation of India (SECI) against Tariff based Competitive Bid invited by SECI for setting up of 1200 MW ISTS-connected Wind Power Projects (Tranche – XII). Subsequently the companys total power generation portfolio increases to 7.3 GW, with renewable […]