Posts in category Business Standard
Fed Chair Powell’s US rates warning means headache for rest of the world (17-04-2024)
China doesn't have such inflation worries, but rise in the premium of US 10-year government bond yields over their Chinese equivalents to a record high has sparked concerns over depreciation of yuan
Tata Communications consolidated net profit declines 1.49% in the March 2024 quarter (17-04-2024)
Sales rise 24.58% to Rs 5691.70 crore
Jubilant Generics’ Roorkee unit clears USFDA inspection (17-04-2024)
Jubilant Pharmova's wholly owned subsidiary Jubilant Pharma, today announced that its subsidiary Jubilant Generics (JGL) received a communication from the USFDA through which the regulatory agency intimated that pursuant to its January 25 to February 2, 2024 audit of JGL's Solid dosage manufacturing facility at Roorkee, India, it has determined the inspection classification of the facility as Voluntary Action Indicated (VAI).
Ipca Laboratories hikes stake in Lyka Labs (17-04-2024)
Through conversion of warrants
Modest rise in net SIP inflows in FY24 owing to jump in redemptions by 54% (17-04-2024)
Net SIP inflows rise 4.9% even as gross collections rise 28%
Crude oil import bill drops 16% but import dependency hits new peak (17-04-2024)
The world's third largest oil importing and consuming nation has been able to add to its domestic production drop, raising its import dependence
West Asia conflict, foreign fund outflows drag mkts lower from record peaks (17-04-2024)
Hotter-than-expected US inflation data fuelled concerns that the Federal Reserve will hold back on delivering the cuts to interest rates
Ambuja Cement allots 26.54 cr equity shares on conversion of warrants (17-04-2024)
With this conversion and allotment, entire 477,478,249 convertible warrants issued to Harmonia, stands converted into equity shares.
Hathway Cable records PAT of Rs 35 cr in Q4 FY24 (17-04-2024)
The cable TV & fiber internet provider reported consolidated net profit of Rs 34.57 crore in Q4 FY24 as against net loss of Rs 14.62 crore posted in Q4 FY23.
Adani family infuses Rs 20,000 cr in Ambuja Cements’ warrants program (17-04-2024)
Ambuja Cements announced that the Adani family has fully subscribed to the warrants program in the Company by further infusing Rs 8,339 crore thereby infusing total amount of Rs 20,000 crore. Adani family have increased their stake in the Company by further 3.6% to 70.3%. This follows, the investment of Rs 5,000 crore on 18 October 2022 and Rs 6,661 crore on 28 March 2024, which was for part issuance of the shares.