Shares of Godrej Agrovet hit a fresh 52-week high of Rs 622.10 as they rallied 8 per cent on the BSE in Wednesday's intra-day trade after promoter Group, Godrej Industries, bought nearly 1 million shares of the company via open market purchases. With today's gain, stock of the agricultural products company has surpassed its previous high of Rs 596, touched on May 12, 2021.

On Tuesday, June 22, 2021, Godrej Industries purchased 976,047 shares, representing 0.51 per cent of total equity of Godrej Agrovet, worth of Rs 55.63 crore.

The Indian rupee strengthened by 12 paise to 74.25 against the US dollar in early trade on Wednesday even as the domestic equity market was trading with significant losses.

Traders said the Federal Reserve Chair Jerome Powell's comments that the US central bank will not raise interest rates too quickly supported investor sentiments.

Drug maker Glenmark Pharma on Wednesday said it had received approval from the US health regulator for Arformoterol Tartrate Inhalation Solution, used to treat conditions like chronic bronchitis and emphysema, in the US market.

The approved product is a generic version of Brovana Inhalation Solution, 15 mcg/2 mL, of Sunovion Pharmaceuticals Inc.

The country’s largest domestic airline, IndiGo, will offer a 10 per cent discount to vaccinated customers.

Customers who have been administered either one or both Coronavirus (Covid-19) vaccine doses can avail a discount of upto 10 per cent on the base fare while booking from Wednesday, the airline announced today.

Shares of Hero MotoCorp, the world's largest manufacturer of scooters and motorcycles, were up 3 per cent at Rs 2,994.55 on the BSE in intra-day trade on Wednesday after the company announced that it would be undertaking price increases of up to Rs 3,000/unit on its product range depending on model to pass on hike in input costs.

Hero MotoCorp will make an upward revision in the ex-showroom prices of its motorcycles and scooters, with effect from July 1, 2021, the company said in exchange filing.

Amid reports of third wave of COVID-19 hitting India in the coming months a new study by a team of researchers at IIT Kanpur has said that third wave is likely to show its effects in India by September to October.

There is a significant anxiety among policy makers and public about the third wave. For the same, using SIR model, we have constructed the following three scenarios of a possible third wave using the epidemic parameters of the second wave. We assume that India is fully unlocked on 15 July.

New Delhi [India], June 22 (ANI): The Subject Expert Committee (SEC) under the drug regulator will discuss reviewing the Phase III data of Bharat Biotech's Covaxin on Tuesday.

The meeting is taking before Bharat Biotech's 'pre-submission' meeting on Wednesday with the World Health Organization (WHO), for the approval for their COVID vaccine 'Covaxin'.

Fuel prices increased again across the country on Tuesday adding more misery for the common man already grappling with rising food prices amid shrinking income.

With the rise, petrol prices have reached very close to hitting the century mark all across the country extending the scope of historic high prices that had already made the fuel rate cross the Rs 100 per litre-mark in certain cities and towns of Maharashtra, Madhya Pradesh, Rajasthan, Telangana, Andhra Pradesh.

Supreme Court judge Justice Aniruddha Bose on Tuesday recused himself from hearing appeals of West Bengal Chief Minister Mamata Banerjee and state law minister Moloy Ghatak about their role on the day of arrest of four TMC leaders by the CBI in the Narada sting tape case.

As soon as a vacation bench of Justices Hemant Gupta and Bose assembled to commence the day's proceedings, Justice Gupta said his brother judge is recusing himself from hearing these appeals.

As many as 42,640 fresh COVID-19 infections were reported in the last 24 hours, the lowest daily spike after 91 days, the Union Health Ministry said on Tuesday.

The second wave of COVID-19 seems to be abating as the country has been witnessing a continuous decline in fresh coronavirus cases for the past few weeks.

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