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Cipla Q4 profit exceeds 72% to Rs 411.5 crore, losing ratings in all profit parameters

Leave a Comment / BUSINESS, Earnings /

Pharma’s company Cipla on May 14 experienced a healthy annual growth combined with a combined profit of Rs 411.5 crore operated annually. Earnings in all parameters have lost analysts’ expectations. Consolidated revenue grew by 5.3 percent annually to Rs 4,606.4 crore in Q4FY21, North American business showed 17 percent YoY growth and Indian business growth …

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STOPELON new coin born as a response to Elon Musk’s continued influence on crypto prices

Leave a Comment / BUSINESS, Cryptocurrency /

We’ve said it before, and we’ll say it again. There are very few things in life that are sure. Day and night. And Elon Musk writes about cryptocurrency. Often there are negative consequences for crypto investors, something we have seen in the last few weeks with the falling prices of Dogecoin and Bitcoin. The first …

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Shaktikanta Das urges PSBs to immediately implement the measures announced by the RBI

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RBI Governor Shaktikanta Das on Wednesday called on state banks to immediately implement the measures announced by the central bank recently “with the right intention”, and to continue to focus on measures to strengthen the resilience of their balances. Das during a meeting with MDs and CEOs of public sector banks acknowledged the important role …

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Land crash or random? Understanding the authority of SEBI “Leather in the game”

Leave a Comment / BUSINESS, Mutual fund /

As of July 2021, SEBI (Securities and Exchange Board of India) is demanding approximately 20% of the significant compensation of employees of joint funds to be part of the scheme they manage. While this decision received positive feedback from the investment community, not all fund managers and AMCs were happy with the change. One of …

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Sun Pharmaceutical Q4 net profit brings more than double Rs 894.15 crore

Leave a Comment / BUSINESS, Earnings /

Major drug company Sun Pharmaceutical Industries on Thursday reported a double-fold increase in combined profit of $ 894.15 crore for the quarter ended March 2021, mainly due to strong performance in the Indian market. The company had sent a total profit of Rs 399.84 crore over the corresponding period of the previous financial year, Sun …

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Blackrock Neurotech, Elon Musk’s Neuralink rival, gets support from Peter Thiel

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Blackrock Neurotech, a company that works on brain transplant chips, garnered the support of business capital Peter Thiel, who in 1998, founded PayPal and Elon Musk, reports CNBC. Palantir founder Thiel has backed Blackrock Neurotech with an investment of $ 10 million, taking an undisclosed number of shares in the company.Blackrock Neurotech has not made …

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Considered Food: Healthy, essential foods in the kitchen counteract the darkness of FMCG during the closure in April

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Healthy food, branded rice and cooking oil and antibodies were the brightest spots in retail sales in April when the epidemic caused by the epidemic across the country gained instant sales of consumer goods. Recent data from the Bizom sales intelligence platform shows that FMCG sales dropped by 16 percent each month (MoM) in April. …

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Forex investments rose by $ 32.29 billion in six months: RBI

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The foreign exchange ( forex ) reserves reached $ 576.98 billion from March 31, 2021 from $ 544.69 billion at the end of September last year, the RBI reported. Foreign exchange assets (FCA), which is a major component of the reserves, have risen to $ 536.693 billion since March-end 2021 from $ 502.162 billion, the …

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