harshvirani 
Manba Finance has debuted at Rs 150.00 on the BSE, up by 30 points or 25% from its issue price of Rs 120.00. The scrip is currently trading at Rs 157.45, up by 37.45 points or 31.21% from its issue price. It has touched a high and low of Rs 157.45 and Rs 144.00 respectively. … Read more
The Indian pharma companies are estimated to expand their revenues by a healthy 9-11 per cent in the current fiscal (FY25), a report showed on Monday. This will be driven by 9-11 per cent revenue growth from the US market, 7-9 per cent each from the European and domestic markets, and 11-13 per cent from … Read more
Driven by high pent-up demand and premiumisation wave, e-commerce sales in India are estimated to reach Rs 1 lakh-Rs 1.2 lakh crore in gross merchandise value (GMV) this festive season, a report said on Monday. This will be 20 per cent year-on-year growth for the e-commerce sector, according to the report by Redseer Strategy Consultants. … Read more
Indian rupee weakened against the US dollar on Monday tracking weak domestic equities and rising crude oil prices, while investors are awaiting comments from Federal Reserve Chair Jerome Powell for interest rate cut clues and domestic manufacturing PMI (Purchasing Manager's Index) numbers to be released this week. Moreover, foreign funds outflows in the market also … Read more
Nearly eight in 10 (81 per cent) Indian software buyers plan to increase their investment in AI software over the next year, way ahead that their global peers at 65 per cent, a report showed on Monday. This underscores the growing influence of AI on purchasing decisions as AI disrupts the way software is bought … Read more
GreenLine Mobility Solutions Ltd, a key player in Essar's Green Mobility initiative, has announced its partnership with Sterlite Copper, a unit of Vedanta Ltd, to advance the deployment of its liquefied natural gas (LNG) powered vehicles and further decarbonise Sterlite Copper's transportation operations. The partnership was initiated with the flag-off of LNG trucks at Vedanta's … Read more
Indian equity markets are witnessing a robust performance, with the Sensex up by 666 points and the Nifty surpassing the 26,000 mark, closing at 85,836 and 26,216, respectively. Intraday, Sensex and Nifty hit new all-time highs of 85,930 and 26,250, respectively. In the Sexsex pack, Maruti Suzuki, Tata Motors, Bajaj Finserv, M&M, Tata Steel, … Read more
The upcoming 50 pharma manufacturing plants in the production-linked incentive (PLI) scheme will be completed in the next two years, the Centre informed on Thursday. According to Dr. Arunish Chawla, Secretary, Department of Pharmaceuticals, more than 50 new greenfield manufacturing plants for pharmaceuticals and medical devices have already been completed. “The PLI plants have catalysed … Read more
India is on the cusp of a transformative era in its pharmaceutical sector which is projected to reach $130 billion by 2030, a report showed on Thursday. The world's third-largest drug producer by volume, India is currently exporting pharmaceutical products to over 200 countries, establishing its influence in the global pharmaceutical arena, according to a … Read more
The Mumbai Metropolitan Region Development Authority (MMRDA) has secured a major loan of Rs 31,673.79 crore from the Power Finance Corporation (PFC) to finance nine crucial infrastructure projects that will transform Mumbai Metropolitan Region's (MMR) transportation landscape. A formal loan agreement was signed between PFC and MMRDA on Wednesday, marking the financial closure of … Read more