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"There is metal and commodity price inflation and the prices have softened by 30-40 per cent. Passing on these prices into the product has a lag of five to six months. Finally, the central bankers, government and everybody is addressing the issue of inflation. so we believe it will take another couple of months and thereafter we would expect that things would turn positive."

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The regulator, issued a show cause notice to Gianchandani in September 2021, whereby it was alleged that he had executed eight transactions during October 2015-2016 without obtaining pre-clearance for his trades from the board of PVR Ltd. By doing so he allegedly violated rules prescribed under the insider trading rules.

"The increase in revenue was driven by like-for-like growth of 28.3 per cent. Dine-in and takeaway channels combined witnessed strong sequential growth, while momentum continued in the delivery channel," said JFL in its earnings statement.

In the previous trade, the yellow metal finished at Rs 51,158 per 10 grams.Silver also surged by Rs 1,335 to Rs 56,937 per kg from Rs 55,602 per kg in the previous trade.

he company had posted a consolidated net profit of Rs 4,224 crore in the year-ago period, Vedanta Ltd said in a regulatory filing.Its consolidated income during the April-June period increased to Rs 39,355 crore from Rs 29,151 crore last year.

The Nifty Realty index closed 2.07 per cent up at 446.8.

The Federal Open Market Committee is expected to raise rates by 75 basis points for a second straight meeting -- the most aggressive tightening since the 1980s. The decision will be announced at 2 p.m. in Washington. No quarterly forecasts will be released and Powell will hold a press conference 30 minutes later.

“New launches are there all the time and it is a continuous process. We have more than 200 new ranges in a year across the line of our products which is a very continuous process, but we have introduced biometric locking in hard luggage and that is one thing which we have done for the first time."

The SBI-promoted card issuance company had reported a net profit of Rs 305 crore in the April-June quarter of the previous fiscal (2021-22).Its total income during the quarter rose to Rs 3,263 crore against Rs 2,451 crore a year ago, SBI Cards said in a regulatory filing.