Shares of Alembic Pharmaceuticals dipped 5 per cent to Rs 757 on the BSE in the intra-day trade on Thursday after the company's consolidated profit declined 49 per cent year on year (YoY) at Rs 169 crore in September quarter (Q2FY22), due to lower revenue. The pharmaceutical company had posted profit of Rs 333 crore in the year-ago quarter.

At 10:45 am, the stock was trading 3.4 per cent lower at Rs 766.20, as compared to a 0.87 per cent decline in the S&P BSE Sensex. It had hit a 52-week low of Rs 720.80 on August 23, 2020.

Shares of Bharat Bijlee hit an over 13-year high at Rs 1,950, on rallying 7 per cent on the BSE in Thursday’s intra-day trade in an otherwise weak market. The stock was trading at its highest level since June 2008. In comparison, the S&P BSE Sensex was down 0.71 per cent at 59,922 points at 10:11 am.

In past two weeks, Bharat Bijlee has outperformed the market by zooming after its power systems business reported a robust performance for the quarter ended September 2021 (Q2FY22).

Shares of Narayana Hrudayalaya hit a new high of Rs 620, surging 13 per cent on the BSE in Thursday’s intra-day trade after the company reported consolidated net profit of Rs 99.4 crore in September quarter (Q2FY22), on the back of healthy operational performance. The company, a leading healthcare service provider in India, had posted a consolidated net loss of Rs 3.4 crore in Q2FY21.

Indian operations staged a decent recovery during the quarter gone by, after the significant impact was observed in Q1FY22, as the effects of the second wave of the pandemic subsiding.

The depression over Bay of Bengal will cross the coast between north Tamil Nadu and south Andhra Pradesh this evening and the city would witness "strong" winds up to 45 km, the weather office here said on Thursday.

Districts in northern Tamil Nadu including Chennai, Kancheepuram and Villpuram are likely to receive heavy to very heavy rainfall, Deputy Director General of Meteorology, S Balachandran said, even as the city and its suburbs received sharp showers all through the night.

The global coronavirus caseload has topped 251.3 million, while the deaths have surged to more than 5.07 million and vaccinations soared to over 7.34 billion, according to the Johns Hopkins University.

In its latest update on Thursday morning, the University's Center for Systems Science and Engineering (CSSE) revealed that the current global caseload, death toll and the total number number of vaccine doses administered stood at 251,348,332, 5,071,757 and 7,347,735,847, respectively.

India is set to open up its sovereign bond market to individual buyers on Friday as it seeks to widen the investor base to fund the government’s massive borrowing programme.

Prime Minister Narendra Modi will launch the so-called ‘RBI Retail Direct Scheme’ for investors on Friday, the Reserve Bank of India said.

Online food delivery platform Zomato on Wednesday reported widening of its consolidated net loss to Rs 434.9 crore for the quarter ended September 30, 2021, mainly on account of investments in the growth of its food delivery business.

The company had posted a net loss of Rs 229.8 crore for the corresponding period of the previous fiscal, Zomato Ltd said in a regulatory filing.

Cloud service provider Oracle on Wednesday said it was partnering with Indian telecoms group Bharti Airtel's data centre unit in an expansion push that will widen the U.S. company's customer access in one of its fastest-growing markets.

The partnership with Airtel Nxtra will help Oracle, which runs a cloud region in financial capital of Mumbai and another in the southern tech hub of Hyderabad, expand the capacity of its India West region, said Garrett Ilg, President, Oracle Japan and Asia Pacific.

Ever since the COVID-19 pandemic hit the world, international travel has become a hassle, with each country having a different set of norms and quarantine guidelines. A recently announced new rule will now help Indian travelers going overseas make the trip without any problems.

Union Health Minister Mansukh Mandaviya recently announced a piece of good news for all international travelers from India.

FSN E-Commerce Ventures (Nykaa) made a strong stock market debut, with its shares listing at Rs 2,018, a 79 per cent premium over its issue price of Rs 1,125 per share, on the National Stock Exchange (NSE) on Wednesday. On the BSE, the stock opened at Rs 2,001, a 78 per cent premium against the issue price. Post listing, shares of Nykaa scaled a high of Rs 2,129, up 89 per cent versus the issue price.

The strong listing saw Nykaa's market capitalisation (market-cap) cross Rs 1-trillion mark and enter the top-60 most valuable companies on the BSE.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.