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Syngene International, a subsidiary of Biocon, reported 11% year-on-year increase in its first quarter revenue from operations to Rs 875 crore, while net profit for the period surged 59% to Rs 87 crore. A top company official attributed it to continued conversion of pilot programs into longer-term contracts within the firm’s research services business. “In…
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December 30, 2024December 30, 2024 India’s economic growth slowed to 5.4% in the July-September quarter, marking a seven-quarter low and prompting concerns over prospects. The surprise drop led the Reserve Bank of India (RBI) to revise its growth forecast for 2024-25 from 7.2% to 6.6%. The slowdown in India’s…
March 13, 2025March 13, 2025 Shares of Larsen and Toubro (L&T) were trading in the green and 1% higher on Thursday, 13 March, after the company’s water and wastewater treatment business joint venture got a “major” order to construct a desalination facility in Saudi Arabia. L&T classifies orders that…
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A packed week of corporate actions from November 17–21 brings multiple interim dividends, rights issues and bonus issues across FMCG, infra, finance, metals and manufacturing. Investors must hold shares one day before the ex-date under the T+1 cycle. Source link