The Sensex plummeted 773 points while the Nifty dived below the 17,400-level on Friday, tracking heavy selling in global equities after US consumer inflation soared to a 40-year high in January, raising the prospects of faster-than-expected rate hikes by the Federal Reserve. A sharp fall in the rupee and unabated foreign fund outflows added to [...]
New Delhi, Feb 11 (PTI) Bharti Airtel's data network faced disruption for a brief duration, around 5 minutes, across India due to a technical glitch, and the network was fully normalized within a few minutes, the company said on Friday. Several Airtel users on Twitter complained that both their mobile data and broadband connection stopped [...]
New Delhi, Feb 11 (PTI) Shares of Amara Raja Batteries on Friday dipped 2 per cent after the company's consolidated net profit declined 25.25 per cent in the third quarter ended December 31, 2021. The stock declined 2.06 per cent to settle at Rs 607.85 on BSE. During the day, it tumbled 2.49 per cent [...]
Mumbai, Feb 11 (PTI) Gujarat-based electric vehicles maker WardWizard Innovations and Mobility entered the fast-growing high-speed electric scooter segment with the launch of three models — Wolf+, Gen Next Nanu+ and Del Go. Wolf+ and Nanu+ are priced at Rs 1.10 lakh and Rs 1.06 lakh, respectively, while the fleet management scooter, Del Go comes [...]
- The combined short video platform will have over 300M MAUs and 100M strong creator community - MX Media and its shareholders will become strategic shareholders of ShareChat MX Media Co. Ltd, the parent company of MX TakaTak, and ShareChat, the parent company of Moj, today announced a strategic merger between Moj and MX TakaTak, [...]
New Delhi, Feb 11 (PTI) State-run SJVN Ltd on Friday said it has signed an agreement with Voith Hydro for the electro mechanical works of 66 MW Dhaulasidh Hydro Electric Project. The electro-mechanical project is worth Rs 136.64 crore, SJVN Chairman and Managing Director Nand Lal Sharma said in a statement. The civil & hydro-mechanical [...]
PLI Scheme is shot in the arm for company's Future growth BENGALURU, India, Feb. 11, 2022 /PRNewswire/ -- BAL Pharma, a fully integrated pharmaceutical company specialized in Bulk Actives, Prescription Drugs, Generics and pharma intermediates, has announced its results for quarter and nine months ended 31st December 2021. Financial Highlights – Q3 & 9MFY22. Standalone [...]
- PAT improves by 18% YoY for Q9MFY22 - Revenue for the Pharmaceuticals grows by 31% in Q3FY22, with strong expansion in Gross Margins HYDERABAD, India, Feb. 11, 2022 /PRNewswire/ -- Balaxi Pharmaceuticals Limited (Balaxi), a branded IPR-based pharmaceutical company headquartered in Hyderabad, reported its results for the third quarter and nine-month ended 31st December [...]
