JK Paper stock surges: Shares of JK Paper soared 8.87 per cent to an intraday high of Rs 380.96 per share on the BSE on Friday.

While the paper company posted a weak set of results, the management reportedly said that it expects higher volume growth in the paper and boards segment in the current financial year of 2024-25 (FY25).

Stock broking platform Angel One on Thursday announced the launch of an edutainment financial content platform, Fin One, that features financial content aimed at serving a cohort of Generation Z and millennial users.

Fin One aims to deliver financial infotainment content with interactive modules for budgeting, saving, investing, and debt management. The content will consist of interactive quizzes and challenges around finance.

Vodafone Idea (Vi) on Thursday reported a net loss of Rs 7,674.6 crore, widening by 19.5 per cent in the fourth quarter (January-March) of FY24 from Rs 6,418.9 crore in the corresponding quarter of FY23 due to higher expenses and stalling revenues.

On a sequential basis, the firm's net loss expanded 9.85 per cent, up from Rs 6,986 crore in the preceding quarter.

AstraZeneca's Covid-19 prevention therapy reduced the risk of infection in patients with weaker immunity in a late-stage trial, meeting its primary goal, the drugmaker said on Thursday.

The long-acting antibody therapy called sipavibart showed a "statistically significant reduction" in symptomatic Covid-19 cases among immunocompromised patients, the company said.

Holding a roadshow in the Odisha capital in support of party candidates, BJP president J P Nadda on Thursday asserted that people of the state have "decided to give rest" to Chief Minister Naveen Patnaik by electing the saffron party to power.

Nadda, who was standing in a saffron-coloured open-hood vehicle flanked by Bhubaneswar's BJP MP and candidate Aparajita Sarangi and Ekamra-Bhubaneswar assembly seat's party nominee Babu Singh, was seen waving at crowds on both sides of the road during the roadshow from Mausina Chhak to Lingaraj temple.

IT company Tech Mahindra on Thursday said it has collaborated with IBM to assist businesses worldwide in responsibly accelerating the adoption of generative AI (GenAI).

Under the partnership, TechM amplifAI and IBM watsonx will integrate to bring new GenAI and governance capabilities to enterprises, according to a company statement.

Congress veteran Bhupinder Singh Hooda on Thursday said people are looking at his party with great hope and it is set for a clean sweep in Haryana in the Lok Sabha elections.

The former chief minister said the Congress is receiving overwhelming public support.

The State Bank of India (SBI) has hiked interest rate on retail term deposits by 25-75 basis points for deposits up to 1 year, giving further push to competition for raising resources.

The revised rates for deposits came into effect from May 15, 2024.

India has asked an international committee on spices to set limits on the use of ethylene oxide in spices, a senior government official said on Wednesday, amid a sales ban on two popular Indian brands.

The Kerala-based Codex Committee on Spices and Culinary Herbs (CCSCH) has been established under Codex Alimentarius Committee, Rome – the international organisation - for developing international food standards, guidelines and codes of practice to protect the health of consumers and ensuring fair practices in the trade.

New Zealand's food safety regulator on Wednesday said it is investigating possible contamination in spice products of top Indian brands MDH and Everest after they faced scrutiny in other countries.

The United States and Australia have been looking into contamination after Hong Kong last month suspended sales of three spice blends of MDH and one of Everest, saying they contained high levels of a cancer-causing pesticide, ethylene oxide.

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