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A 7.8% stake sale in Indian food delivery firm Zomato Ltd was executed via a block deal on local exchanges at 50.44 rupees per share on Wednesday, two sources familiar with the matter told Reuters. Zomato did not immediately respond to an email seeking comment.

Quarterly revenue for the cash-strapped operator increased 1.7% sequentially to Rs10,410 crore in the April-June quarter from Rs 10,239.5 crore in the January-March quarter. This was the fourth straight quarter of revenue growth for the loss-making operator.

The Dow Jones Industrial Average rose 118.04 points, or 0.36%, at the open to 32,514.21.

Uber sold 61.22 crore shares of Zomato, that it had earned in 2020 by selling Uber Eats in an all-stock deal, today at a price of Rs 50.44 per share.

The profit after tax rose to Rs 63 crore, rising by 5 per cent as compared to Rs 60 crore during the same period in the last financial year.The total fertiliser produced was 283,624 tonnes as against 227,785 tonnes in Q1 of the 2021-22 fiscal, when the revenue from operations was Rs 1,316 crore.

Now, the rainfall has covered most of India in July except for the eastern region, therefore, we expect that rest of the year should be good for the company, he added.Dhanuka Agritech said it will continue to focus on introducing new products in the market to cater to the growing needs of farmers.

Overall loan book grew 26% year on year, to Rs 57,839 crore with total disbursements at Rs 8,039 crore during the quarter up 3.1 times over previous year. Net interest margins, of the difference between the yield earned on loans and that paid for funds, rose 33 basis points to 6.47%. One basis point is 0.01 percentage point.

Consolidated Ebitda or operating profit came in at ₹7,506 crore against ₹2,292 crore in the year-ago period, a rise of 227%, which includes prior period revenue recognition of ₹4,212 crore vs ₹657 crore during the respective periods, the company said in a BSE filing.

The attacker somehow obtained the ability to sign (initiate and approve) transactions on the behalf of users, suggesting a trusted third-party service may have been compromised in a so-called supply chain attack.Following the hack, Solana plunged about 10 per cent to $38.28 level on Wednesday. However, the volumes rose 75 per cent as the tokens worth $1.91 billion exchanged hands in the last 24 hours, the coinmarketcap data suggested.

"Raw materials remain inflationary, and we expect a pricing action of 10 per cent YoY. We expect consumption to have contracted somewhat due to price hikes with rural affected more than urban. Overall, we expect Ebitda margin to fall this quarter by 130bp YoY and by 50 basis points QoQ due to inflation," Edelweiss said.