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MG Motor India reports sale of 1,016 units in May amid Covid-related woes

MG Motor India reports sale of 1,016 units in May amid Covid-related woes

MG Motor India on Tuesday reported sales of 1,016 units in May 2021 impacted by lockdown imposed to curb the second wave of the COVID-19 pandemic along with production constraints due to diversion of oxygen for medical use.

The retail business was severely impacted as almost all markets remained closed during the lockdown for most part of the month of May 2021, the company said in a statement.

Glenmark Pharmaceuticals launches Rufinamide Tablets USP, 200 mg and 400 mg

Glenmark Pharmaceuticals launches Rufinamide Tablets USP, 200 mg and 400 mg

Glenmark Pharmaceuticals Limited (Glenmark) has launched Rufinamide Tablets USP, 200 mg and 400 mg, a therapeutic equivalent of Banzel® Tablets, 200 mg and 400 mg of Eisai, Inc.

Glenmark was one of the first ANDA applicants to submit a substantially complete ANDA for Rufinamide Tablets USP, 200 mg and 400 mg, with a paragraph IV certification and received final approval on May 16, 2016.

Ashok Leyland expects plants to be operational for only 10 days in June

Ashok Leyland expects plants to be operational for only 10 days in June

Commercial vehicles major Ashok Leyland on Tuesday said its manufacturing plants will be operational only for up to 10 days in the month of June due to lower demand and lockdown in states where its plants are located.

Our plants are still not fully operational due to lockdown that is ongoing in the states where our plants are located. We expect the opening up announcements by the respective state governments in a phased manner, resulting in impact of our operations in the month of June 2021 also, Ashok Leyland said in a regulatory filing.

Gold selling at Rs 46,700 per 10 gm, silver trending at Rs 72,000 per kg

Gold selling at Rs 46,700 per 10 gm, silver trending at Rs 72,000 per kg

Gold price on Tuesday rose to Rs 46,700 for 10 gm from Rs 46,590 and silver was at Rs 72,000 per kg, according to the Good Returns website.

Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes.

WHO names Covid-19 variants found in India as 'Kappa' and 'Delta'

WHO names Covid-19 variants found in India as 'Kappa' and 'Delta'

The B.1.617.1 and B.1.617.2 variants of the COVID-19, first identified in India, has been named as 'Kappa' and 'Delta' respectively, the World Health Organisation (WHO) announced on Monday as it named various variants of the coronavirus using Greek alphabets.

Today, @WHO announces new, easy-to-say labels for #SARSCoV2 Variants of Concern (VOCs) & Interest (VOIs). They will not replace existing scientific names, but are aimed to help in public discussion of VOI/VOC, Dr Maria Van Kerkhove, WHO's technical Covid-19 lead, tweeted on Monday.

Bank of Baroda shares decline nearly 6% after disappointing Q4 result

Bank of Baroda shares decline nearly 6% after disappointing Q4 result

Shares of Bank of Baroda on Monday declined nearly 6 per cent after the company reported a standalone net loss of Rs 1,047 crore in the quarter ended March 31, 2021.

It dipped 5.60 per cent to Rs 79.15 on the BSE.

The stock declined 5.66 per cent to Rs 79.10 at the NSE.

PNB Housing Fin zooms 20% on board nod to raise Rs 4,000 crore

PNB Housing Fin zooms 20% on board nod to raise Rs 4,000 crore

Shares of PNB Housing Finance were locked in the upper circuit of 20 per cent at Rs 525.20, also its 52-week high on the BSE on Monday, after the company board approved a capital raise of up to Rs 4,000 crore, led by entities affiliated to the Carlyle Group Inc.

Till 10:20 am, a combined 2.3 million shares had changed hands and there were pending buy orders for 1.2 million shares on the NSE and BSE. In comparison, the S&P BSE Sensex was up 0.40 per cent at 51,630 points.

M&M slips 7% as firm expects slower tractor sales growth in FY22

M&M slips 7% as firm expects slower tractor sales growth in FY22

Shares of Mahindra & Mahindra (M&M) slipped 7 per cent to Rs 790 on the BSE in intra-day trade on Monday after the management said the tractor industry is expected to grow in low single-digits during the financial year 2021-22 (FY22), with the company focused on gaining market share.

Since May 4, the stock of M&M has outperformed the market by surging 14 per cent, as compared to a 6.6 per cent rise in the S&P BSE Sensex till Friday.

2 held after video of patient's body being dumped in river in UP goes viral

2 held after video of patient's body being dumped in river in UP goes viral

Two people have been arrested after a video went viral on social media showing a COVID-19 patient's body being dumped from a bridge into the Rapti river in Uttar Pradesh's Balrampur district.

In a video statement on Twitter, the Balrampur Police informed that the patient, identified as Prem Nath Mishra, had been admitted to a hospital on May 25 and tested positive for the coronavirus.

Petrol prices continue to soar above Rs 100 per litre in Mumbai, Bhopal

Petrol prices continue to soar above Rs 100 per litre in Mumbai, Bhopal

Fuel prices have touched an all-time high after Monday's fresh hike.Petrol continued to cost more than Rs 100 in parts of Mumbai and Bhopal.

Petrol in Mumbai stood at Rs 100.47 per litre and diesel at Rs 92.45 per litre.

In Madhya Pradesh's Bhopal, the petrol price stood at Rs 102.34 per litre while diesel stood at Rs 93.37 per litre.

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