News Overview

Nalanda Capital of Singapore, through its affiliate Nalanda India Equity Fund Ltd, sold shares of Great Eastern Shipping Co Ltd.

The partnership follows Biocon's success in becoming the first business to receive approval for gLiraglutide in an ICH country.

According to Varghese, the company wants to offer lower- to middle-class consumers full-stack financial services.

Even though it has a one-year opportunity to keep the Shriram identity, the company will adopt a new brand name.

Energy cargo tracker Vortexa reports that diesel exports to Europe fell to 210,000 barrels per day (bpd) in April from 262,000 bpd in March.

The business added that, contingent on shareholder approval, its board has recommended a dividend of ₹5 per equity share to the investors.

According to a regulatory filing by Aditya Birla Capital Ltd (ABCL), the total consolidated income for the quarter escalated to ₹10,964 Crore from ₹8,052 Crore a year ago.

The NSE regularly updates the list of securities under the F&O ban when they exceeded 95% of the market-wide position limit (MWPL).

U.S. West Texas Intermediate crude futures increased by 18 cents to $79.30 per barrel. Futures for Brent crude increased by 19 cents to $83.55 a barrel.

Spot gold was unchanged at $2,335.93 an ounce. The price of gold dropped 1% on Monday. Gold futures dropped to $2,341.60, down 0.1%.