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Rising earning graph | Photo Credit: Getty Images Injectable-focussed generic drugmaker Gland Pharma reported consolidated net profit for June quarter rose 47% year-on-year (YoY) to ₹317 crore. It came on a 20% YoY increase in revenue from operations to ₹1,800.3 crore. On a sequential basis, net profit was 14% lower and revenue 3% higher. Growth…
Read More “Gland Pharma Q1 net surges 47% to ₹317 cr on higher revenue” »
Solar power plant | Photo Credit: The Hindu The RP-Sanjiv Goenka Group (RPSG) subsidiary, Purvah Green Power Private Ltd, the renewable energy platform of CESC Ltd, is set to acquire a 1.4 GWp operating solar portfolio from ReNew Solar Power Private Ltd for ₹4,859 crore. In this regard, an agreement has been signed to acquire…
Market benchmark indices ended marginally higher on Monday (August 10, 2026), with the Sensex climbing over 43 points and the Nifty ending flat, amid a spike in crude oil prices due to geopolitical uncertainties. The 30-share BSE Sensex was up 43.27 points, or 0.06%, to settle at 78,542.44. During the day, it hit a high…
Read More “Stock markets end marginally higher on spike in crude oil prices” »
One hundred dollar US currency paper note over a stack heap of 500 Rupees Indian currency flat lay over gray white background for foreign exchange, forex posters with blank copy space. | Photo Credit: Getty Images/iStockphoto The rupee declined by 11 paise to settle at 95.28 (provisional) against the U.S. dollar on Monday (August 10,…
Read More “Rupee falls 11 paise to close at 95.28 against U.S. dollar on firm crude oil prices” »
A man walks past a logo of DLF in Mumbai. Mumbai continues to command the highest residential prices in India, with transactions in Worli and other prime locations crossing ₹2 lakh per sq. ft. | Photo Credit: Reuters In a significant luxury residential real estate deal Entrepreneur Manav Sardana, who was associated with Imperial Auto…
Read More “Gurugram penthouse fetches ₹271 crore at ₹2.6 lakh per sq. ft.” »
India imported 8.7 MMT of Russian oil in June 2026, which was just 1% lower than in May, and 25% higher than in June of last year. File (Representational image) | Photo Credit: Reuters At a time when the U.S. looks all set to enact legislation to impose a tariff of up to 100% on India…
File photo for representational purposes only. | Photo Credit: Reuters Market benchmark indices Sensex and Nifty drifted lower in early trade on Monday (August 11, 2026) amid a spike in crude oil prices due to geopolitical uncertainties. The 30-share BSE Sensex dipped 19.38 points to 78,479.79 in early deals. The 50-share NSE Nifty skidded 5.10…
Read More “Stock markets decline in early trade on spike in crude oil prices” »
This image is used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The rupee fell 8 paise to 95.25 against the U.S. dollar in early trade on Monday (August 10, 2026), weighed down by a stronger greenback and a rise in global crude oil prices. However, FII inflows and a rise in the country’s…
Read More “Rupee falls 8 paise to 95.25 against U.S. dollar in early trade” »
The government sought to shut down speculation on plans to impose fees on the country’s ubiquitous digital payments network, saying on Saturday (August 8, 2026) that consumers will not have to pay transaction charges for using UPI, while the vast majority of merchant transactions will also remain free. The government said any future merchant discount…
Market benchmark indices Sensex and Nifty ended lower on Friday (August 7, 2026) after two days of gains, dragged down by bank, financial stocks, and crude oil prices trading above $80 per barrel mark. The 30-share BSE Sensex dropped 455.59 points, or 0.58%, to settle at 78,499.17. During the day, it tanked 577.69 points, or…
Read More “Stock markets decline dragged by banks, elevated crude oil prices” »