Glenmark Pharmaceuticals on Friday said its consolidated profit after tax (PAT) increased by 21 per cent to Rs 306 crore for the first quarter ended June 30.

The Mumbai-based drug major had reported a PAT of Rs 254 crore in the April-June quarter of the 2020-21 fiscal.

Dewan Housing Finance Corporation (DHFL) on Friday reported an over four-fold jump in its consolidated net profit at Rs 314.43 crore for the quarter ended June 2021.

The company had posted a net profit of Rs 70.10 crore in the same quarter a year ago and Rs 96.75 crore in the preceding quarter ended March 2021.

On Friday, India recorded 40,120 new COVID-19 infections, which is slightly less than Thursday's data. This has taken the country's tally to over 3.21 crore. The country recorded 585 deaths - 217 of these came from Maharashtra and 160 from Kerala, 67 from Odisha, 33 from Tamil Nadu, and 30 from Karnataka. The total death toll in the country now exceeds 4.3 lakh.

Active cases have come down to 3.85 lakh while recoveries have risen to 3.13 crore. India reported 42,295 new recoveries in the last 24 hours. The total number of people vaccinated so far is 52,95,82,956, including 57.3 lakh in the last 24 hours.

HCL Technologies' market capitalisation (market-cap) touched Rs 3 trillion for the first time on Friday, becoming the fourth Indian information technology (IT) firm to achieve this milestone after Tata Consultancy Services (TCS), Infosys and Wipro.

Shares of HCL Tech hit a fresh record high of Rs 1,118.55, up 2 per cent on the BSE in intra-day trade, surpassing its previous high of Rs 1,101 touched on Thursday in intra-day deal.

Shares of Larsen & Toubro (L&T) hit a record high of Rs 1,648.40, up 1.6 per cent on the BSE in intra-day trade on Friday, after the company’s heavy engineering arm won an order for Oxidation Reactor from Technip Energies-India. However, the company has not yet disclosed order size. The stock surpassed its previous high of Rs 1,647 hit on July 22, 2021.

The order, according to the company, is for the technologically critical Titanium Clad Reactor is for a public sector petrochemical project for purified Terephthalic Acid plant.

Prime Minister Narendra Modi on Friday launched vehicle scrappage policy and said that the policy is a significant milestone in India's development journey.

Taking to Twitter, PM Modi informed about the launch and urged youth and start-ups to join this programme.

US regulators on Thursday said transplant recipients and others with weakened immune systems can get an extra dose of the COVID-19 vaccine to better protect them as the delta variant continues to surge.

The announcement by the Food and Drug Administration applies to millions of Americans who are especially vulnerable because of organ transplants, certain cancers or other disorders. Several other countries, including France and Israel, have similar recommendations.

A Covid outbreak that has partially shut one of the world’s busiest container ports is heightening concerns that the rapid spread of the delta variant will lead to a repeat of last year’s shipping nightmares.

The Port of Los Angeles, which saw its volumes dip because of a June Covid outbreak at the Yantian port in China, is bracing for another potential decline because of the latest shutdown at the Ningbo-Zhoushan port in China, a spokesman said.

Canada is suffering a fourth wave of the Covid-19 pandemic as variants of the virus continue to spread in the country, said Canada's Chief Public Health Officer Theresa Tam on Thursday.

Tam told a press conference that the country's national case count has taken a turn for the worse since late July, the Xinhua news agency reported.

The World Health Organization (WHO) has said that the next step in the search of the origins of COVID-19 will be the creation of a new advisory group that will develop a global framework to study pathogens with pandemic potential.

The International Scientific Advisory Group for Origins of Novel Pathogens, or SAGO, is a new advisory group for WHO, which will be responsible for advising WHO on the development of a global framework to systematically study the emergence of future emerging pathogens with pandemic potential.

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