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“A few days back, Syngene had the first long-term deal with a big global pharma company, a $500-million deal over a period of 10 years which is very significant in the contract manufacturing space and it essentially shows the potential for Indian contract manufacturers in the CRAMS space.”

The implementation of Pocket RPC will not only provide scalable and cost-effective access to Aave dApps, but it will also reinforce Aave’s status as one of the most decentralized platforms in the market.The provision of Pocket Network’s 44,000 nodes to Aave developers unlocks new capabilities for deriving real-time blockchain data, such as pricing and smart contract state, said Michael O’Rourke, CEO of Pocket Network.

“From an investor standpoint, we are not in an environment where valuations are expensive and hence returns could be compromised. But at the same time, we are not in an environment where valuations are cheap and hence returns are going to be outsized, being close to historical averages which means that one should have reasonable expectations of returns going forward.”

The company said its Home Care segment delivered 30 per cent growth driven by strong performance in Fabric Wash and Household Care. Both categories grew in high double-digits, with all parts of the portfolio performing well, it said.

Net sales for the quarter rose 18.43 per cent YoY to Rs 3,958 crore from Rs 3,342 crore in the same quarter last year. Ebitda for the quarter came in at Rs 685 crore, impacted by significant rise in fuel prices that was partly mitigated by efficiency initiatives, the company said in a BSE filing.

Revenue from operations of the company during the quarter under review went up by 47.5 per cent to Rs 2,736.6 crore compared to Rs 1,855.2 crore in the corresponding quarter of the previous fiscal.

Cross-currency movements remain adverse, which may weigh on reported dollar revenue and margins, Emkay Global said. This brokerage expects profit for the IT major to fall 4.5 per cent YoY to Rs 3,077 crore from Rs 3,232.10 crore in the year-ago quarter while it sees Ebita margin to fall to 20.4 per cent from 21.8 per cent YoY.

Gains in realty, metal and banking stocks helped the benchmark indices recover from opening lows. The 30-share pack Sensex advanced 246.47 points to close at 54,768.

In the international market, gold was trading higher at USD 1,711 per ounce while silver was flat at USD 18.80 per ounce.

After exiting Apple, Ron tried to recapture his retailing magic as he set up Enjoy Technologies with a vision of “commerce at home”, which offered busy customers a chance to have an Apple Store-like experience in their living rooms. Ron had once boasted that “Enjoy’s mobile store can do anything you can do in a store, but better.”