UPL Ltd will file a DRHP shortly for raising up to USD 500 million via a Rights Issue. The company has already secured board approval and plans to launch the issue by early Q3 FY24.

UPL Ltd reported a 95% decline in net profit to Rs 40 crore in Q4 FY24, with revenue falling 15% to Rs 14,078 crore. The company attributed the drop to lower prices in the post-patent market.

Shriram Finance will replace UPL in the Nifty 50 index effective March 28, 2024. Other changes include additions and removals in Nifty Next 50, Nifty 100, and sectoral indices.

Moody's Investors Service has downgraded UPL's credit rating to Ba1 and maintained a negative outlook due to a deterioration in the agrochemical industry.

UPL, a sustainable agriculture solutions provider, reported a consolidated net loss of Rs 1,217 crore in Q3 FY24, impacted by destocking and price competition.

Union Minister Ashwini Vaishnaw stresses global cooperation to address AI risks and dangers, highlighting the need for a comprehensive India AI Mission to be launched soon.

Lohum, a lithium-ion battery maker, announces a Rs 1,000 crore investment to develop manganese-based batteries, aiming for 20 GWh capacity in 3 years. The move uses India's manganese reserves to...

Jakson Green has signed a 400 MW solar power supply agreement with NHPC, its largest PPA to date, marking a significant milestone for the company's growing IPP portfolio.

Vraj Iron And Steel Ltd shares made their market debut with a premium of nearly 16% against the issue price of Rs 207. The stock listed at Rs 240, recording a jump of 15.94% on both the BSE and NSE.

India's services sector growth accelerated in June, driven by a strong increase in new orders and a record expansion in exports, according to the HSBC India Services PMI.

Silver prices surged in India on Wednesday, driven by increased spot demand and positive domestic trends. Global silver prices also rose in New York.

Gold prices climbed Rs 464 to Rs 72,018 per 10 grams in futures trading on Wednesday, driven by strong spot demand and fresh positions by speculators. Global gold futures also saw an increase.

Asian markets rise on Wednesday, boosted by Wall Street records as Tesla shares surge. Japan's Nikkei 225 and Australia's S&P/ASX 200 gain, while US markets hit new highs.

Union Minister Ashwini Vaishnaw stresses global cooperation to address AI risks and dangers, highlighting the need for a comprehensive India AI Mission to be launched soon.

Lohum, a lithium-ion battery maker, announces a Rs 1,000 crore investment to develop manganese-based batteries, aiming for 20 GWh capacity in 3 years. The move uses India's manganese reserves to...