During Monday’s trading session, the shares of one of the leading biotechnology and engineering company globally slumped nearly 14 percent to Rs. 610.9 on BSE, after the company reported Q2 FY25 financial results with a net profit declined by 8.7 percent QoQ. With a market cap of Rs. 12,836.6 crores, at 01:32 p.m., the shares [...]
The Indian government has taken a decisive step to ensure adequate sugar supply and price stability. On December 5th, they issued a directive prohibiting all sugar mills and distilleries from using sugarcane juice to produce ethanol. This action is in response to concerns about the diversion of sugarcane from sugar production to the more lucrative [...]
