BUSINESS
Indian Pharma Market Sees 5.1% Growth in September
The industry grew 7.7 per cent year on year in the 12 months ending in September, led by price growth and new launches. However, volume growth was moderate at 0.8 per cent on-year last month, according to the report by Motilal Oswal Financial Services Ltd.
Sensex Rises 591 Points, Realty and Banking Stocks Lead the Surge
BSE Nifty also ended 163.70 points or 0.66 per cent higher at 25,127.95.
India Set to Outpace China and US in Economic Growth, USISPF Chairman John Chambers
Speaking at the Annual India Leadership Summit 2024, which USISPF had organized in New Delhi, Chambers complimented the speed at which India is moving forward under Prime Minister Narendra Modi's leadership.
Indian Markets Outperform China in Returns Over the Last 5 Years, Sebi Member
Terming the Indian markets "sone pe suhaga" for delivering higher returns for lower risks, Narayan also flagged a few areas of caution for investors and asked them to be conscious of the risks.
Stock Markets Open on a Positive Note, Sensex Surges by 300 Points
The market trend continued to remain positive. On NSE, 981 traded in green compared to 401 that traded in red. While BSE clocked 1,830 traded in green and 901 in red.
India's Industrial Production Declines Slightly, Manufacturing Output Sees Growth
In manufacturing, three main positives were basic metals at 3.0 per cent, electrical equipment at 17.7 percent, and chemicals and chemical products at 2.7 percent during August, it has been said by the report.
India's Foreign Exchange Reserves Remain Above $700 Billion
Foreign Currency Assets (FCAs) declined to $612.6 billion as against a weekly gain of $3.51 billion in the Weekly Statistical Supplement issued by the RBI.
Noel Tata Aims to Uphold the Legacy of Ratan Naval Tata
"I am deeply honored and humbled by the responsibility that has been cast on me by my fellow Trustees. I look forward to carrying on the legacy of Mr. Ratan N. Tata and the Founders of the Tata Group," Noel Tata said.
Ratan Tata's Half-brother Noel Appointed New Chairman of Tata Trusts
At 67, Noel Tata is stepping into a prominent leadership role within Tata Trusts, which holds a majority stake in Tata Sons, the parent company of the Tata Group.
TCS Reports 5% Net Profit Growth at ₹11,909 Crore in Q2, Adds 5,726 New Hires
IT services major revenue stood at Rs 64,259 crore, with YoY growth of 7.6 per cent, driven by energy, resources, and utilities, and manufacturing.
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