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JAN
20
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Biocon consolidated net profit rises 18% to Rs 220 crore in Q3
Biosimilars vertical clocked revenue of Rs 981.4 crore as compared to Rs 768.9 crore in the same quarter last fiscal
Delhi govt caps RT-PCR price at private hospitals, labs at Rs 300
The earlier cost of an RT-PCR test was Rs 500
HUL Q3 surpasses estimates even as rural growth remains impacted
Net profit up 18.6% on 10.3% rise in revenue; says near-term outlook uncertain as growth moderating, inflation high
Crypto platform Stader Labs raises $12.5 mn on $450 mn valuation
The sale was led by Three Arrows Capital with participation from Blockchain.com, Accomplice, and a clutch of other institutional and angel investors
Budget 2022: Govt should put more money in hands of consumers, says HUL CMD
From a Budget perspective, he said the most important thing is that 'we have to ensure that the tax rates remain consistent, policy remains consistent. As businessmen, we all crave for that'
Budget FY23: EV makers seek incentives for exports, PLIs to small players
SMEV has requested the Centre to provide some incentives -- in the form of subsidies -- on exports of affordable small cars and scooters from India in the Union Budget FY23
Kerala logs highest ever daily Covid cases at 46,387; 199,041 active cases
However, in a relief to the state's health sector, only 3% are admitted to the hospitals
Insolvency: Videocon lenders invite fresh expressions of interest by Feb 2
This, after the insolvency appellate tribunal rejected the approval of Rs 2,692 crore bid by Vedanta Chairman Anil Agarwal-promoted Twin Star Technologies earlier this month
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MSCI rejig could be non-event; this stock may replace IOC in Nifty, says Edelweiss
The brokerage does not expect any inclusion or exclusion in the forthcoming quarterly review
RBI says liquidity rebalancing evolved satisfactorily; holds repo auction amid GST outflow
“As stated in Governor’s statement of December 8, 2021, the Reserve Bank has been rebalancing the surplus liquidity in the system by shifting it out of the fixed-rate overnight reverse repo window into the variable rate reverse re
230% in 15 days! This 'market driven' stock is hitting the roof everyday
A 230 per cent surge following 15 straight days of upper circuits has put AK Spintex among the top of 2022's multibagger list.
CLSA upgrades these two AMC stocks on favourable risk-reward
Both HDFC AMC and Nippon AMC are now trading below their long-term average valuations, CLSA said, and its price targets still suggest 25-32 per cent potential upside for the stocks over Wednesday's closing prices.
Tech View: Nifty fall not a trend reversal yet; a bounce likely
Nagaraj Shetti of HDFC Securities believes the 17,600-500 levels would hold up well and that any fall towards that level, as seen on Thursday, would attract buying in Nifty50.
India-UK FTA talks will go very, very quickly, says Mayor Andy Street
The negotiations between India and the UK to strike a free trade agreement (FTA), which was launched last week, will conclude quickly due to an "absolute agreement" at the senior political level, the Mayor for the West Midlands re
Finance ministry relaxes spending norms to boost public spending
As per the spending guidelines, ministries and departments are required to make monthly or quarterly expenditure plans and cap it at 25% of Budget Estimates in each of the first three quarters. For the fourth quarter, it has to ca
Formal job creation in India jumped by 37.9% in November 2021: EPFO data
Month-on-month, EPFO registered a growth of 25.6% in November or 0.28 lakh more subscribers added compared to 1.11 million net new subscribers added in October 2021.
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Cotton prices hit the roof in Gujarat
Cottonseed prices range from ?8,500-10,500 per quintal in country’s largest producing State
Zydus’ anticonvulsant pill gets U.S. FDA nod
Generic drugmaker Zydus has received the final approval from the U.S. FDA to market anticonvulsant drug Vigabatrin Tablets 500 mg. The approved produc
Apollo Tyres invests in solar energy firm
Leading tyre manufacturer Apollo Tyres Ltd. (ATL) has picked up a 27.2% stake in CSE Deccan Solar, a subsidiary of Cleantech Solar, to get a guarantee
Natco, 9 others chosen to supply COVID-19 drug
UN-backed MPP signs sublicence pacts
Institutional realty stake dropped 14% in 2021: JLL
‘Second wave impacted investments’
HUL Q3 net rises 17% to ?2,243 cr.
High inflation, raw material prices may pressure margins in near term, says CMD
Toyota announces Hilux, its maiden ‘Lifestyle Utility Vehicle’ in India
‘Prices will be revealed in March; deliveries from April onwards’
Rupee slips 7 paise to close at 74.51 against U.S. dollar
Investors remained cautious ahead of the U.S. Federal Reserve's meeting due next week
1111
1111
MSCI rejig could be non-event; this stock may replace IOC in Nifty, says Edelweiss
The brokerage does not expect any inclusion or exclusion in the forthcoming quarterly review
RBI says liquidity rebalancing evolved satisfactorily; holds repo auction amid GST outflow
“As stated in Governor’s statement of December 8, 2021, the Reserve Bank has been rebalancing the surplus liquidity in the system by shifting it out of the fixed-rate overnight reverse repo window into the variable rate reverse re
230% in 15 days! This 'market driven' stock is hitting the roof everyday
A 230 per cent surge following 15 straight days of upper circuits has put AK Spintex among the top of 2022's multibagger list.
CLSA upgrades these two AMC stocks on favourable risk-reward
Both HDFC AMC and Nippon AMC are now trading below their long-term average valuations, CLSA said, and its price targets still suggest 25-32 per cent potential upside for the stocks over Wednesday's closing prices.
Tech View: Nifty fall not a trend reversal yet; a bounce likely
Nagaraj Shetti of HDFC Securities believes the 17,600-500 levels would hold up well and that any fall towards that level, as seen on Thursday, would attract buying in Nifty50.
India-UK FTA talks will go very, very quickly, says Mayor Andy Street
The negotiations between India and the UK to strike a free trade agreement (FTA), which was launched last week, will conclude quickly due to an "absolute agreement" at the senior political level, the Mayor for the West Midlands re
Finance ministry relaxes spending norms to boost public spending
As per the spending guidelines, ministries and departments are required to make monthly or quarterly expenditure plans and cap it at 25% of Budget Estimates in each of the first three quarters. For the fourth quarter, it has to ca
Formal job creation in India jumped by 37.9% in November 2021: EPFO data
Month-on-month, EPFO registered a growth of 25.6% in November or 0.28 lakh more subscribers added compared to 1.11 million net new subscribers added in October 2021.
1111
  Home Page Show All 
Biocon consolidated net profit rises 18% to Rs 220 crore in Q3
Biosimilars vertical clocked revenue of Rs 981.4 crore as compared to Rs 768.9 crore in the same quarter last fiscal
Delhi govt caps RT-PCR price at private hospitals, labs at Rs 300
The earlier cost of an RT-PCR test was Rs 500
HUL Q3 surpasses estimates even as rural growth remains impacted
Net profit up 18.6% on 10.3% rise in revenue; says near-term outlook uncertain as growth moderating, inflation high
Crypto platform Stader Labs raises $12.5 mn on $450 mn valuation
The sale was led by Three Arrows Capital with participation from Blockchain.com, Accomplice, and a clutch of other institutional and angel investors
Budget 2022: Govt should put more money in hands of consumers, says HUL CMD
From a Budget perspective, he said the most important thing is that 'we have to ensure that the tax rates remain consistent, policy remains consistent. As businessmen, we all crave for that'
Budget FY23: EV makers seek incentives for exports, PLIs to small players
SMEV has requested the Centre to provide some incentives -- in the form of subsidies -- on exports of affordable small cars and scooters from India in the Union Budget FY23
Kerala logs highest ever daily Covid cases at 46,387; 199,041 active cases
However, in a relief to the state's health sector, only 3% are admitted to the hospitals
Insolvency: Videocon lenders invite fresh expressions of interest by Feb 2
This, after the insolvency appellate tribunal rejected the approval of Rs 2,692 crore bid by Vedanta Chairman Anil Agarwal-promoted Twin Star Technologies earlier this month


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