Posts in category Business Standard
USFDA completes inspection of Eugia Pharma Specialities’ Unit II (03-05-2024)
The inspection closed with 7 observations. The observations are procedural in nature and will be responded to within the stipulated time.
USFDA completes inspection of Eugia Pharma Specialities’ Unit II (03-05-2024)
The inspection closed with 7 observations. The observations are procedural in nature and will be responded to within the stipulated time.
Sebi gives approval to CARE Ratings’ subsidiary to provide ESG ratings (03-05-2024)
Capital markets regulator Sebi has given approval to CARE Ratings Ltd's subsidiary CARE ESG Ratings to provide environmental, social, and governance (ESG) ratings.
Such ratings will enable the issuers to discern steps for the betterment of their sustainability performance.
Having received the registration under the Sebi (Credit Rating Agencies) Regulations on May 2, 2024, CARE ESG Ratings Ltd will commence its ESG rating activity, according to a statement issued by CareEdge Group on Friday.
"With the use of ESG ratings, a sustainable growth journey of businesses can get an independent viewpoint. A business can now assess its relative position and take action to strengthen its sustainability policies & practices.
Investors and stakeholders have adopted new perspectives on ESG-based reporting, and performance, both domestically and internationally," Mehul Pandya, MD and Group CEO of CareEdge, said.
Last month, Sebi gave clearance to ICRA's subsidiary Pragati Development Consulting .
Asian Energy Services reports consolidated net profit of Rs 14.57 crore in the March 2024 quarter (03-05-2024)
Sales rise 313.84% to Rs 118.73 crore
Kriti Nutrients standalone net profit rises 55.42% in the March 2024 quarter (03-05-2024)
Sales decline 4.92% to Rs 172.27 crore
Aarti Drugs standalone net profit declines 32.03% in the March 2024 quarter (03-05-2024)
Sales decline 19.66% to Rs 559.53 crore
Titan Company consolidated net profit rises 5.62% in the March 2024 quarter (03-05-2024)
Sales rise 21.86% to Rs 11229.00 crore
Sah Polymers consolidated net profit declines 81.03% in the March 2024 quarter (03-05-2024)
Sales rise 62.90% to Rs 32.40 crore
Inox Green Energy Services reports consolidated net profit of Rs 21.32 crore in the March 2024 quarter (03-05-2024)
Sales decline 7.69% to Rs 52.43 crore
INR Gains Capped By Massive Sell-Off In Domestic Equities (03-05-2024)
The Indian rupee appreciated 3 paise to settle at 83.43 (provisional) against the US dollar on Friday, tracking a weak American currency and retreating international crude oil prices. Dollar index futures are quoting marginally down on the day at 105.09, tracking falling treasury yields with benchmark 10-year yields quoting at 4.5%. Meanwhile, massive selling in the domestic equity market and outflow of foreign funds capped the gains in the local currency. At the interbank foreign exchange, the domestic unit opened at 83.40 and moved in the range of 83.34 and 83.44 against the greenback during the session. The benchmark S&P BSE Sensex ended the session down 732.96 points, or 0.98 percent, at 73,878.15. The broader NSE Nifty index hit record levels in the first hour of trade before reversing course to end at 22,475.85, down 172.35 points, or 0.76 percent, from its previous close.