Shares of Cipla hit a record high of Rs 1,014, up 3 per cent on the BSE in Friday’s intra-day trade and surpassed its previous high of 1,005 touched on September 29, 2021. The stock of pharmaceutical company traded higher for the fifth straight day, up 6 per cent during this period. In comparison, the S&P BSE Sensex was up 0.13 per cent at 55,535 points at 11:14 am.

In the last 10 trading days, the stock has rallied 10 per cent after the company on February 27, announced that it has received an approval from the Subject Expert Committee (“SEC”) of the Central Drugs Standard Control Organization (“CDSCO”) to conduct local trials on anti Covid-19 pill Paxlovid on February 24, 2022.

Oil prices settled about 2% lower on Thursday after a volatile session, a day after its biggest daily dive in two years, as Russia pledged to fulfil contractual obligations and some traders said supply disruption concerns were overdone.

Since Russia's Feb. 24 invasion of Ukraine, oil markets have been the most volatile in two years. On Wednesday, global benchmark Brent crude posted its biggest daily decline since April, 2020. Two days earlier, it hit a 14-year high at over $139 a barrel.

The price of ten gram of 24-carat gold decreased by Rs 1,750 on Friday to Rs 52,580, while the rate of silver decreased by Rs 1,800 per kg to Rs 69,400.

Ten grams of 22-carat gold is selling at Rs 48,200 after a decrease in rate by Rs 1,600.

In Delhi and Mumbai, the price of 10 grams of 24-carat gold stands at Rs 52,580.

Meta-owned messaging platform WhatsApp has added a layer of security through a web browser extension called Code Verify that provides real-time, third-party verification that the code running someone’s WhatsApp Web has not been tampered with.

Code Verify has been made available as a web browser extension that automatically verifies the authenticity of the WhatsApp Web code being served to a user’s browser and confirms that it hasn’t been tampered with or altered.

The BJP's comprehensive win in the Uttar Pradesh Assembly elections finally broke a 36-year-old jinx of the incumbent government being voted back to power in the state.

The incumbent UP Chief Minister Yogi Adityanath led the BJP to poll victory, riding a high-decibel election campaign, with thrust on the development agenda along with welfare schemes. Prime Minister Narendra Modi led the BJP's campaign from the outset, first by fully backing the Chief Minister and afterwards by leading an intense campaign in the state.

Country’s largest lender State Bank of India will revamp its banking application YONO and position it as a complete digital bank under new rubric ONLY YONO for enhancing customer experience and ease of use.

It plans to rope in a consultant to help to draw the project plan keeping in mind business goals for the next five years. With 54 million monthly active users (MAUs), SBI YONO has seen a growth of over 35 per cent in MAUs in 2021.

Shares of Entertainment Network (India) soared 14 per cent to Rs 214.75 on the BSE in Thursday's intra-day trade on the back of heavy volumes. The stock of the company, which operates India's FM radio channel Radio Mirchi, traded close to its 52-week high of Rs 226.95 hit on August 2, 2021.

For October-December quarter (Q3FY22), ENIL had reported 70 per cent year-on-year (YoY) jump in its earnings before interest, taxes, depreciation, and amortization (ebitda) to Rs 35.6 crore on tight cost control measures. The company posted profit after tax (PAT) of Rs 11 crore against loss of Rs 2.7 crore in Q3FY21. Revenue grew 17 per cent YoY to Rs. 98.9 crore, driven by 23 per cent growth in core FM radio revenues.

Former chief minister and Punjab Lok Congress president Amarinder Singh on Thursday accepted his defeat and congratulated the Aam Aadmi Party for the victory in the state Assembly polls.

Amarinder Singh, 79, was defeated by Aam Aadmi Party candidate Ajit Pal Singh Kohli from Patiala (Urban) by a margin of 19,873 votes, according to the poll results declared on Thursday.

Amazon has suspended shipment of retail products to customers based in Russia and Belarus, and will no longer provide customers with access to its streaming service Prime Video in Russia.

The company said that it will no longer be accepting new Russia and Belarus-based AWS customers and Amazon third-party sellers.

The BJP strode ahead of the SP in the key state of Uttar Pradesh while the Aam Aadmi Party appeared set for a landslide win in Punjab as votes were counted for elections to five states on Thursday, according to the Election Commission website.

The BJP was also leading in Uttarakhand, Manipur and Goa, the other three states for which elections were held last month, trends indicated.

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