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.

India's economic survey shows strong growth but highlights concerns over inflation and FDI inflows, according to economists. Experts also discuss the impact of AI on employment and the need for...

Mahindra Logistics Ltd (MLL) reported a 55% decline in standalone profit to Rs 10.15 crore in the April-June quarter due to higher startup costs and expenses.

Mangaluru International Airport sees a 21% surge in passenger traffic in Q1 FY24-25, with Dubai leading international destinations and Bengaluru & Mumbai topping domestic travel. Air India Express...

Central Tool Room & Training Centre (CTTC) will set up mini tool rooms in Odisha to train youth in advanced manufacturing and precision engineering.

Suzlon Group's Q1 PAT nearly tripled to Rs 302 crore on strong revenue growth. The company also boasts a record order book of 3.8 GW. Read more.

India's economic survey shows strong growth but highlights concerns over inflation and FDI inflows, according to economists. Experts also discuss the impact of AI on employment and the need for...

Mahindra Logistics Ltd (MLL) reported a 55% decline in standalone profit to Rs 10.15 crore in the April-June quarter due to higher startup costs and expenses.

India's Chief Economic Advisor criticizes the West's 'one-size-fits-all' approach to climate change, arguing developing nations need their own solutions. Read why.

Mangaluru International Airport sees a 21% surge in passenger traffic in Q1 FY24-25, with Dubai leading international destinations and Bengaluru & Mumbai topping domestic travel. Air India Express...

Central Tool Room & Training Centre (CTTC) will set up mini tool rooms in Odisha to train youth in advanced manufacturing and precision engineering.