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UltraTech Cement, HFCL, Angel One, Sonata Software, Hathway Cable, Tatva Chintan Pharma Chem and Maharashtra Scooters are among the companies that will announce their December quarter results today.

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A mix of borrowers including Reliance Industries (RIL), State Bank of India, JSW Infrastructure, Shriram Transport Finance and India Clean Energy have also managed to tighten their funding cost by 30-35 basis points from initial projections, after getting bids several times the offer size. A basis point is 0.01%.

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Its total revenue from operations was up 59.02 per cent at Rs 483.77 crore during the quarter under review against Rs 304.21 crore in the corresponding period of the previous fiscal.

Ekta delivered a mammoth return of 2,893,266,376 per cent in the last seven days to $0.4039 from $0.00000001396, as per Coinmarketcap.com data. This means that the token has turned an investment of Rs 1,000 into Rs 2,989.32 crore.

"We have to give a pathway for how to get back on track, a pathway which seems credible, so that the markets have some notion that we are not going to be profligate."

Crypto enthusiasts meet their match: Angry gamers

Updated at : 2022-01-16 16:25:01

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Game publishers are offering NFTs, but skeptical gamers smell a moneymaking scheme and are fighting back.

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The surge in gold imports during the nine months contributed to the widening of the trade deficit to $142.44 billion against $61.38 billion in April-December 2020.

Many top altcoins have gained over 15% during the week, including Polygon (MATIC), Terra (LUNA), Polkadot (DOT) and Dogecoin (DOGE). Near Protocol, which raised $150 million from Three Arrow Capital, surged more than 35% this week as the competition among Layer 1 protocols intensified.

A Budget buffered by elections and infections

Updated at : 2022-01-16 14:30:03

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“Despite expectations being buffered by elections and infections, the Budget may include further strengthening of the digitization initiatives of the government. There could be decisive moves on Central Bank Digital Currency, Digital Bank as well as crypto currency.”

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Among the sectoral indices, the BSE Power index led the rally with a more than 7 per cent jump, whereas the capital goods index zoomed 6 per cent.

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