Sales decline 12.98% to Rs 63.83 crore
Berger Paints India consolidated net profit declines 7.54% in the September 2024 quarter (05-11-2024)
Sales rise 0.26% to Rs 2774.61 crore
Kharif output estimated to surge 5.73% on year (05-11-2024)
The Ministry of Agriculture and Farmers’ Welfare has released First Advance Estimates of production of Major Agricultural Crops (Kharif Only) for the year 2024-25. The total Kharif Foodgrain production for 2024-25, as per the First Advance Estimates, is projected at 1647.05 Lakh Metric Tonnes (LMT) which is higher by 89.37 LMT or 5.73% as compared to previous year’s kharif foodgrain production and 124.59 LMT or 8% higher than average kharif foodgrain production. Foodgrain production witnessed record increase due to good production of Rice, Jowar andMaize.
Will appear before Lokayukta for questioning in MUDA case, says Karnataka CM Siddaramaiah (05-11-2024)
Karnataka Chief Minister Siddaramaiah will appear before the Lokayukta police in Mysuru on Wednesday for questioning in the MUDA site allotment case. Siddaramaiah and his wife are accused of illegalities in the allotment of 14 sites by the Mysuru Urban Development Authority. The Lokayukta police had earlier questioned Siddaramaiah’s wife, Parvathi, on October 25.
Gold rises Rs 200 to Rs 81,300 per 10 grams; silver jumps Rs 1,800 (05-11-2024)
Gold prices rose Rs 200 to Rs 81,300 per 10 grams in the national capital on Tuesday amid fresh buying by local jewellers and retailers and strong global trends, according to the All India Sarafa Association.
Veefin Solutions acquires 50% stake in Singapore-based Walnut AI (05-11-2024)
Veefin Solutions has through its subsidiary Estorifi Solutions acquired 50% stake consisting of 27,778 equity shares of SGD 9.54 each of Walnut AI on 05 November 2024.
Tech View: Nifty forms Piercing Line candle on daily chart. How to trade on Wednesday (05-11-2024)
Nifty ended Tuesday’s session 218 points higher, forming a Piercing Line candle. The underlying short-term trend is on the verge of reversal. A move above 24500 could trigger a fresh upmove. However, a decline below 23900-2400 could indicate further weakness. Analysts suggest a buy-on-dips strategy above 24000, with resistance at 24,500-24,800.
Titan Company Q2 PAT declines 25% YoY to Rs 705 cr (05-11-2024)
Titan Company reported 25% decline in standalone net profit to Rs 705 crore in Q2 FY25 as against Rs 940 crore posted in Q2 FY24.
Indian Hotel Board approves acquisition of 55% stake in Rajscape Hotels (05-11-2024)
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Dr Reddy’s Q2 PAT slides 15% YoY to Rs 1,255 crore (05-11-2024)
The drug major’s consolidated net profit decreased 15.28% to Rs 1,255.7 crore in Q2 FY25 as against Rs 1,482.2 crore posted in Q2 FY24.