Divi’s Lab posts 17% rise in Q3 net profit to Rs 358 crore
Mumbai, Feb 10 - Pharma major Divi's Laboratories on Saturday reported a 17 per cent increase in its consolidated net profit to Rs 358 crore for the October-December quarter of the current financial year compared to the corresponding figure of Rs 306 crore
Sovereign Gold Bonds to be issued from Feb 12-16
New Delhi, Feb 10 - Finance Ministry on Friday said that the Sovereign Gold Bonds 2023-24 (Series IV) will be opened for subscription during February 12-16, with settlement date as February 21.
India’s foreign exchange reserves jump by $5,7 bn
Mumbai, Feb 9 - India’s foreign exchange reserves jumped by $5.7 billion to $622.5 billion for the week ended February 2, RBI data released on Friday showed.
Pakistan stock market sinks as uncertainty surrounds election results
Karachi, Feb 9 - The Pakistan Stock Exchange (PSX) opened the day on a negative note as the benchmark KSE-100 index plunged over 2,000 points on Friday as uncertainty surrounded election 2024 results, local media reported.
Max Healthcare to expand its footprint in Maha
New Delhi, Feb 9 - Max Healthcare Institute Ltd (MHIL), one of India’s largest private healthcare providers on Friday announced the acquisition of 100 per cent stake in Alexis Multi-Speciality Hospital Private Limited (Alexis) for an Enterprise Value of Rs 412 Crores.
China is worst performer among emerging markets equities
New Delhi, Feb 9 - All the emerging markets indices saw negative performance in January with China being the worst performer at 10.6 per cent. As far as developed markets are concerned, Japan emerged as the best performer at 4.6 per cent, as
Josler Hydrocarbons landmark MoU with MNGL for gas leak prevention
New Delhi, Feb 9 - A Visionary Step in Environmental Conservation and Public Safety Josler Hydrocarbons India Pvt Ltd, a prominent gas leak detection firm based in Ahmedabad, has played a vital role in holistically enabling its US based technological partner Heath to
Black Box Limited announced financial results
Mumbai, Feb 8 - Black Box Limited has announced the unaudited financial results for the quarter and nine months ended 31st December 2023.
Nifty slides led by bank stocks after RBI monetary policy
Mumbai, Feb 8 - Nifty fell in late morning trade on Thursday, pulled down by bank stocks after the Reserve Bank of India's monetary policy decision and dragging by the ITC, said Deepak Jasani, Head of Retail Research at HDFC Securities.
UPA govt provided policy uncertainty and hostility: White Paper
New Delhi, Feb 8 - While investors across the world sought ease of doing business, the UPA government provided policy uncertainty and hostility, as per the White Paper on Indian Economy tabled in the Parliament by Finance Minister Nirmala Sitharaman on Thursday.
Jindal Law School’s interdisciplinary research outshines faculty publications by top 4 NLUs
Sonipat, Feb 8 - Jindal Global Law School (JGLS) of the O. P. Jindal Global University (JGU) continues its knowledge production with a shifting focus on interdisciplinarity.
GIC Re’s scrip flares up to touch 52-week high of Rs 467
Chennai, Feb 8 - The national reinsurer General Insurance Corporation of India’s (GIC Re) scrip flared up to reach a 52 week high of Rs 467 on Thursday and came down later.
Sensex tanks more than 600 points after RBI credit policy
New Delhi, Feb 8 - BSE Sensex tanked more than 600 points after RBI announcement of credit policy with banks leading the fall.
Power Grid Q3 net profit up 10.5%, declares 2nd dividend
New Delhi, Jan 7 - Power Grid Corporation of India Ltd on Wednesday reported a 10.5 per cent growth in its consolidated net profit at Rs 4,028 crore in the October-December quarter of the current financial year compared with the corresponding figure of
DBS slashes CEO’s bonus by 30% after disruptions to its digital services
Singapore, Feb 7 - Singapore's biggest bank DBS has slashed its CEO's bonus by 30 per cent after disruptions to its digital services, despite it posting a record profit, a media report said.
Nifty closes flat ahead of RBI policy meeting
Mumbai, Feb 7 - Nifty opened positive on Wednesday but soon lost some sheen to close flat at 21,931 levels. Barring IT, all other sectors ended in green, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services
Not much excitement in markets ahead of RBI policy meet: Report
New Delhi, Feb 7 - Emkay Global Financial Services has said that there is not much excitement in the markets, ahead of the upcoming MPC meet as most are expecting it to be a non-event with traces of dovishness similar to Dec-23.
India exports bananas to Russia after Moscow stops purchase from Ecuador
New Delhi, Feb 7 - India has started supplying bananas to Russia with export volumes planned to be increased in the future, media reports said.
UBS deepens cost-cutting drive launched after its acquisition of rival Credit Suisse
London, Feb 6 - Swiss lender UBS has deepened a cost-cutting drive launched after its emergency acquisition of rival Credit Suisse, as it slashes thousands of jobs and tries to boost earnings to make sure the mammoth deal pays off, a media report
Nifty continues ‘one day up, one day down’ trend
Mumbai, Feb 6 - Nifty ended higher on Tuesday, continuing the 'one day up, one day down' trend.