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The deal for the portfolio that has an annual revenue base of 850 million rupees, will be financed through borrowings, and the transaction is expected to achieve financial closure very soon, Eris said

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Goldman Sachs reports 69% drop in Q4 profit

Updated at : 2023-01-17 19:20:03

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Goldman Sachs Group Inc on Tuesday reported a 69% drop in fourth-quarter profit due to heavy losses in its consumer business and a slump in dealmaking that hit its investment banking unit.

BEL shares 0.0% as Nifty gains

Updated at : 2023-01-17 18:30:04

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The stock quoted a 52-week high price of Rs 115.0 and a 52-week low of Rs 62.29.

"The Budget is expected to maintain its focus on domestic manufacturing revival and PLI schemes for labour-intensive sectors. Most importantly, instead of going populist, the Budget is expected to keep post-Covid fiscal consolidation, divestment and reduction of subsidies as its priorities,” she said.

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Innova Captab is an integrated pharmaceutical company in India with a presence across the value of the pharmaceutical chain including research and development, manufacturing, drug distribution and marketing, and exports. The company filed preliminary IPO papers with Sebi on July 07, 2022.

Stock market update: Nifty Bank index advances 0.16%

Updated at : 2023-01-17 18:30:04

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The Nifty Bank index closed 0.16 per cent up at 42235.05.

The underlying short-term trend of Nifty is positive. The market is currently placed at the edge of the upside breakout of the consolidation or triangle pattern around 18100 levels.

There are ideas floating on the streamlining of long-term capital gains tax across all asset classes. We expect this Budget to change long term capital gains for listed equities in line with real estate.

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