Cipla shares soared 10% to an intraday high of Rs 1,560.05 after USFDA inspection at the company’s Goa facility has been classified as a Voluntary Action Indicated. “…the routine current Good Manufacturing Practices (cGMP) inspection at Company’s manufacturing facility in Goa, India between 10th – 21st June, 2024, we hereby notify that the United States
It’s a cracker of a Diwali for top investors as their portfolios have shown remarkable growth over the past year. The portfolios of Akash Bhansali, Madhusudan Kela, and Mukul Mahavir Agarwal have risen by more than 50% since last Diwali, while those of Ashish Dhawan, Rekha Rakesh Jhunjhunwala, Anil Kumar Goel and Sunil Singhania have
By Manas Kumar Chaudhuri & Pranjal Prateek The Unified Payments Interface (UPI) has transformed how day-to-day money transactions take place in India, primarily driven by the enabling digital payments ecosystem that has allowed private players/ enterprises to invest, innovate, and thrive by utilizing the digital infrastructure built on the UPI rails. UPI’s open architecture has
Go to Live UpdatesLarsen & Toubro Share Price Today Live Updates, 31 Oct, 2024: The Larsen & Toubro share is in news and the counter closed trade on 30 Oct, 2024 at Rs 3407.1. The shares touched intraday high of Rs 3438.0 in the last trading session while the intraday low was at Rs 3351.7.
Shares of Larsen & Toubro (L&T) jumps over 4% to intra-day high of Rs 3,550 on NSE as the company reported a 5% year-on-year (YoY) increase in its net profit for Q2FY25, with profit reaching R 3,395 crore for the quarter ended September 2024. Strong Revenue Growth Driven by Projects & Manufacturing L&T achieved a
Go to Live UpdatesTata Power Company Share Price Today Live Updates, 31 Oct, 2024: The Tata Power Company share is in news and the counter closed trade on 30 Oct, 2024 at Rs 427.15. The shares touched an intraday high of Rs 433.45 in the last trading session while the intraday low was at Rs
It’s an unprecedented situation for Rahul Bahl, the owner of Bahl Enterprises, a utensil and appliances shop in Lajpat Nagar, Delhi, who is sitting idle on a Friday evening barely a week before Diwali. “There are hardly any customers in the market, despite it being Diwali time. People prefer to buy online, where they get
Imagicaaworld, a theme park operator in the west of India, is expanding its presence in key markets to tap into the travel and entertainment boom in the country. The theme park player, which is owned by the Maharashtra-based Malpani Group, is planning to nearly double its portfolio from 7 parks now to 13 by 2030.
Shares of Indian IT outsourcing giants Infosys Ltd., HCL Technologies Ltd. and Wipro Ltd. got a boost from Donald Trump’s US election win. They will get a chance to comment on how his presidency might affect their businesses when they post earnings. Overall, investors appear to view the incoming administration favorably for the sector, as
Larsen & Toubro’s chairman, SN Subrahmanyan, recently faced backlash after comments he made about wanting his employees to work 90 hours a week went viral. During an employee interaction, Subrahmanyan expressed regret over not being able to make employees work on Sundays, suggesting that working on weekends would lead to “extraordinary outcomes.” His remarks, which
The equity markets end the highly volatile session on a lower note on Friday. The Nifty 50 closed the counter 95 points, or 40%, lower at 23,431.50, breaching its important support level of 23,500. The Sensex dropped 241.30 points, or 31%, finishing the day at 77,378.91. The Nifty 50 shed 2.5% this week while the
The Indian rupee slid to an all-time low on Friday, closing at 85.9650 against the US dollar, down 0.2% for the week. This marked its tenth consecutive weekly decline, surpassing the previous record low of 85.9325 reached on Thursday. The currency has faced consistent pressure from a strengthening dollar and weak capital inflows. The dollar
Shares of ONGC, one of India’s largest oil and gas companies, are trading today, January 10 on a positive note. As of 12:02 PM IST, the company’s stock is trading positively, up by 1.09%, at Rs 265.95 per share. The stock today opened at Rs 264.00 and reached a high of Rs 266.50, during the
