Clipped from: https://www.businesstoday.in/current/corporate/sobha-reports-29-rise-in-sales-bookings-in-oct-dec-2020-due-to-festive-season/story/427527.html As per the data, Sobha sold 11,33,574 sq ft area in the third quarter of 2020-21 as against 8,91,700 sq ft in the
Day: January 23, 2021
Zydus Cadila gets US health regulator’s nod for thyroid drug–business today
Clipped from: https://www.businesstoday.in/sectors/pharma/zydus-cadila-gets-us-health-regulator-nod-for-thyroid-drug/story/428868.html Zydus Cadila has received final approval from the US Food and Drug Administration (USFDA) to market Liothyronine Sodium tablets USP, 5 mcg, 25
Tata Motors –business today
Clipped from: https://www.businesstoday.in/markets/company-stock/tata-motors-share-rises-jlr-sales-in-china-recover/story/427691.html?ref=taboola Share of Tata Motors hit upper circuit of 10% to Rs 242.10 against previous close of Rs 220.10 on BSE Tata Motors share
Biocon Q3 net profit falls 17% to Rs 169 crore, revenue up 7%–business today
Clipped from: https://www.businesstoday.in/current/corporate/biocon-q3-net-profit-falls-17-to-rs-169-crore-revenue-up-7/story/428803.html The biosimilars and research services segment posted 11 per cent and 13 per cent growth, respectively, in their income during the quarter, while
JSW Steel’s Q3 net profit rises multi-fold to Rs 2,669 crore
Clipped from: https://www.businesstoday.in/current/corporate/jsw-steels-q3-net-profit-rises-multi-fold-to-rs-2669-crore/story/428814.html The company’s revenue from operations rose to Rs 21,859 crore from Rs 18,055 crore in the year-ago quarter. JSW Steel reported its best
HDFC Life Q3 net profit up 5% to Rs 263 crore- Business News–business today
Clipped from: https://www.businesstoday.in/current/corporate/hdfc-life-q3-net-profit-up-5-to-rs-263-crore/story/428816.html The life insurance company’s net premium income grew 21 per cent to Rs 9,488.84 crore during the quarter under review, while its income
Grasim Industries to enter paints business, invest Rs 5,000 crore in 3 years
Clipped from: https://www.businesstoday.in/current/corporate/grasim-industries-to-enter-paints-business-invest-rs-5000-crore-in-3-years/story/428834.html Grasim says its entry in the paints sector will add size, scale, diversity and stability to cash flows of the existing business portfolio
UltraTech Cement Q3 results: Net profit doubles to Rs 1,584 crore; net sales rise 18%–business today
Clipped from: https://www.businesstoday.in/current/corporate/ultratech-cement-q3-results-net-profit-doubles-to-rs-1584-crore-net-sales-rise-18/story/428884.html With strong rural growth, revival in manufacturing sentiment, buoyancy in GST and tax collections, UltraTech expects demand to grow on the back of
Manufacturing might or services – what will steer India’s future economy? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/manufacturing-might-or-services-what-will-steer-india-s-future-economy-121012201206_1.html We must acknowledge that India cannot replicate the export orientation of the East Asian manufacturing story, or even Bangladesh. The services story will
Shekhar Gupta: Why Modi is in retreat on farm laws | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/shekhar-gupta-why-modi-is-in-retreat-on-farm-laws-121012201521_1.html Farm reform could’ve been high point of Modi’s second term. But lack of patience, understanding and contempt for history have turned it into
The antitrust dilemma: CCI must come out with detailed penalty guidelines to reduce uncertainty – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-antitrust-dilemma-cci-must-come-out-with-detailed-penalty-guidelines-to-reduce-uncertainty/2176007/ Globally, the competition authorities, including the European Commission, the US, and the UK competition authorities, have issued penalty guidelines to ensure that the
Dushyant Dave writes: Centre’s farm laws will hurt farmers
Clipped from: https://indianexpress.com/article/opinion/columns/for-super-middlemen-farm-laws-farmer-protests-7156464/ Dushyant Dave writes: Centre’s farm laws will create monopolies in agriculture production and trade, and hurt farmers. Farmers during their ongoing agitation over
Dismissing criticism of vaccines in nationalist language doesn’t help in building trust | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/dismissing-criticism-of-vaccines-in-nationalist-language-doesnt-help-in-building-trust-7156434/ Public trust is critical for greater compliance with government guidelines during emergencies, be it COVID-appropriate behaviour or the acceptance of vaccination institutions. Transparency
Bibek Debroy writes on govt control over ‘essential’ commodities
Clipped from: https://indianexpress.com/article/opinion/columns/necessary-not-essential-7156469/ Bibek Debroy writes: Before liberalisation, there were around 80 Union government-level orders and around 150 state government-level orders decreeing various items as “essential”.
5 reasons why the government decided to put farm laws on hold | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/farm-laws-pause-government-farmer-talks-explained-7156723/ The government has proposed that the farm laws be kept on hold for 18 months, or till such time that a proposed joint
Bitcoin slide shows no signs of stopping, worst week since March 2020 | Deccan Herald
Clipped from: https://www.deccanherald.com/business/business-news/bitcoin-slide-shows-no-signs-of-stopping-worst-week-since-march-2020-941933.html The world’s most popular cryptocurrency fell more than 5% to an almost three-week low of $28,800 in the Asia session Bitcoin fell heavily
HDFC Bank submits plan of action to RBI, hopes to fix outage issue in 3 months | Deccan Herald
Clipped from: https://www.deccanherald.com/business/hdfc-bank-submits-plan-of-action-to-rbi-hopes-to-fix-outage-issue-in-3-months-942008.html RBI Governor had said it was necessary that the HDFC Bank strengthens its IT systems before expanding further The country’s largest private sector
RBI’s liquidity-withdrawal plan may pose risk to government borrowing: Analysts | Deccan Herald
Clipped from: https://www.deccanherald.com/business/business-news/rbis-liquidity-withdrawal-plan-may-pose-risk-to-government-borrowing-analysts-942046.html Analysts think it will be months before the RBI can substantially reduce the average daily surplus of Rs 6 trillion ($8 billion) that
Brazil awaiting two million vaccine doses from India–deccan chronicle
Brasilia: The Brazilian government said on Thursday that a shipment of two million doses of the British AstraZeneca-Oxford Covid-19 vaccine was finally set to arrive in
Telangana High Court refuses to intervene in Covid vaccine reactions issue–deccan chroncile
Hyderabad: The Telangana High Court refused on Thursday to intervene in the matter of adverse reactions to some individuals in the Covid-19 vaccination programme. Responding to
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