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JB Chemicals & Pharmaceuticals Q4 net profit jumps two-fold to Rs 101 cr

JB Chemicals & Pharmaceuticals Q4 net profit jumps two-fold to Rs 101 cr

Drug firm JB Chemicals & Pharmaceuticals on Monday reported a two-fold jump in consolidated net profit to Rs 100.81 crore for the quarter ended March 2021 on account of robust sales.

The company had posted a net profit of Rs 50.07 crore for the corresponding period of the previous fiscal year, JB Chemicals & Pharmaceuticals said in a regulatory filing.

HCL Technologies hires Accenture exec Siki Giunta to head cloud business

HCL Technologies hires Accenture exec Siki Giunta to head cloud business

HCL Technologies has hired Accenture executive Siki Giunta to head its cloud business, a sector the industry veteran called the strategic pillar within any organization.

Giunta will accelerate #HCLCloudSmart industry cloud offerings into client markets, said the technology company in a statement. She led several projects at Accenture, working as the Chief Executive Officer (CEO) of Managed Objects and Fortisphere.

JSW Cement enters construction chemicals biz, launches green products

JSW Cement enters construction chemicals biz, launches green products

JSW Cement said on Monday it has entered the construction chemical sector with the launch of a green product range in the category.

The range comprises 'Enduro Plast' readymix plaster, 'Krysta Leakproof' integral crystalline waterproofing compound and'Duraflor'floorhardner, it said in a statement.

MVS Engineering seeks govt help to source component for oxygen production

MVS Engineering seeks govt help to source component for oxygen production

Industrial gas manufacturer MVS Engineering has sought the government's intervention to ensure smooth supply of zeolite molecular sieves, a key component for the production of medical oxygen.

New Delhi-based MVS Engineering is a leader in industrial gas systems in India. The company has installed 40 PSA oxygen plants across the country within a year.

RattanIndia Power repays Rs 1,219 cr debt in last 15 months despite Covid

RattanIndia Power repays Rs 1,219 cr debt in last 15 months despite Covid

RattanIndia Power Ltd on Monday said it has repaid Rs 1,219 crore debt in the last 15 months, including Rs 200 crore prepayment, despite the challenges posed by the COVID-19.

During the last 15 months, RPL has repaid the debt of Rs. 1,219 crore to lenders, including Rs 200 crores as prepayment, even in the face of challenges posed by the pandemic, the company said in a BSE filing.

Amara Raja Batteries to diversify into emerging energy opportunities

Amara Raja Batteries to diversify into emerging energy opportunities

Amara Raja Batteries Ltd (ARBL) on Monday announced energy and mobility as its strategic focus going forward to capitalise on emerging opportunities.

It announced expansion of lead acid batteries business and establishment of a new energy strategic business unit encompassing lithium cell and battery pack, EV chargers, energy storage systems, advanced home energy solutions and related products and services.

Tata Motors board approves proposal to raise up to Rs 500 cr via securities

Tata Motors board approves proposal to raise up to Rs 500 cr via securities

Tata Motors on Monday said its board has approved a proposal to raise up to Rs 500 crore through the issue of securities on a private placement basis.

A meeting of the duly authorised committee has approved subscription, on a private placement basis, up to 5,000 rated, listed, unsecured, redeemable, non-convertible debentures (NCDs) of face value Rs 10 lakh each, aggregating up to Rs 500 crore, the auto major said in a regulatory filing.

Bangladesh records highest single-day Covid deaths in over a month

Bangladesh records highest single-day Covid deaths in over a month

Bangladesh has registered its highest number of single-day Covid-19 fatalities in more than a month, increasing the overall death toll to 13,118, according to health authorities.

On Sunday, Directorate General of Health Services (DGHS) reported 47 new coronavirus fatalities, marking the highest number of daily deaths since May 9, reports Xinhua news agency.

India reports 70,421 new Covid-19 cases, lowest single-day spike in 74 days

India reports 70,421 new Covid-19 cases, lowest single-day spike in 74 days

With 70,421 new COVID-19 infections in the last 24 hours, India maintained its declining trend of cases and reported the lowest single-day COVID-19 rise in 74 days, informed the Union Ministry of Health and Family Welfare said on Monday.

With this, the total cases have reached 2,95,10,410, and the daily positivity rate stands at 4.72 per cent, which is less than 10 per cent for the 21st consecutive day.

Gold price today at Rs 47,730 per 10 gm, silver trending at Rs 72,300 a kg

Gold price today at Rs 47,730 per 10 gm, silver trending at Rs 72,300 a kg

The price for 22-carat gold on Monday inched lower to Rs 47,730 for 10 gm from Rs 47,880 on Friday. Silver was at Rs 72,300 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.

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