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The profit was also impacted due to dilution of Biocon’s stake in Biocon Biologics and Syngene. Net profit for the quarter, excluding an exceptional item, stood at Rs 140 crore

The green bonds have been assigned a rating of ‘CARE AA: Stable’ by CARE Ratings and ‘IND AA+/Stable’ by India Ratings & Research.The lead managers to the issue are AK Capital Services and SBI Capital Markets and Vistra ITCL (India) as trustee. Registrar to the Issue is KFin Technologies

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When a company is a dominant player, even if it does nothing wrong at all, any new player in the business will end up taking share and sales away from it

Indian shares advanced on Tuesday, led by gains in IT stocks ahead of US inflation data later in the day, while investors brushed off the impact of a bigger-than-expected jump in domestic inflation. For more such web stories click on the ET icon below

Fixedincomeoptionsforinvestorsasequitiesturnpricey

Updated at : 2023-02-14 20:35:03

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Nifty is now at the hurdle of ascending the trend line around 17950-18000 levels. Hence, a decisive upside above 18K is likely to open a quick follow-through upside towards 18250 levels in the near term, chart readers said

Ircon is a state-owned specialised construction organization covering the entire spectrum of construction activities and services in the infrastructure sector

Gold declines Rs 55; silver tumbles Rs 455

Updated at : 2023-02-14 18:25:04

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Comex gold prices moved up in Asian trading hours on Tuesday but traded within range before US CPI data which will be released later in the day, Gandhi said

“Currently I would expect the IT pack to do better because the risk of a recession or the sentiment towards a deep recession in the US is kind of fading, especially given the tight labour market that has been there in the US. Also, as the dollar weakens, it could actually start bottoming out and the rupee can weaken. That is another thing that will benefit the IT pack.”

US-based short-seller Hindenburg in a January 24 report alleged that the Adani Group pulled "the largest con in corporate history" using offshore tax havens and stock manipulation

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