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Wipro Q4 results: Profit beats estimates, jumps 28% to Rs 2,972 cr YoY; revenue rises 4% | Read more at:
Increase in prices of crude oil, petroleum products and basic metal coupled with the low base effect pushed the wholesale inflation in India to over eight-year high of 7.39% in March, official data released on Thursday showed.
The Federal Reserve will likely scale back its bond purchases before considering raising interest rates, Chairman Jerome Powell said, hardening expectations on the sequence of its eventual exit from aggressive policy support
Lenders to Aircel and UV Asset Reconstruction, which was to take over the defunct telco’s assets under the insolvency process, are planning to approach the Supreme Court after an appellate tribunal barred sale of its spectrum until govt dues are cleared
Dr Reddy's Laboratories is in the process of generating additional stability data for Russia's #COVID19Vaccine Sputnik V, which has a storage condition of -18C, on 2 to 8 C, a senior official of the drug maker said.
The first study to directly compare immune reactions between #Pfizer's and #AstraZeneca's covid vaccines has found similarly strong antibody responses in over 80-year-olds after a first dose of either shot, UK scientists said.
FMCG firms such as ITC, Parle, Marico, Emami and CG Corp Global assured uninterrupted supply of their products based on the learnings from the previous year's lockdown, even as surge in #covid19 cases in India forced Maharashtra to declare a 15-day curfew.
Infosys said that it intends to hire over 25,000 people from campus this year, of which 24,000 would be in India and a few thousand outside. In FY21, the company had hired 19,000 from campus in India and about 2,000 outside.
Infosys Q4 Results: PAT misses estimates; firm approves Rs 9,200 cr share buyback plan and dividend of Rs 15 | Read more at:
NCLAT has ruled that spectrum can be sold under the insolvency process, but only after government dues are cleared, backing the DoT and dealing a blow to bankruptcy proceedings of defunct telcos such as Aircel and RCom
The second wave of #COVID19 presents a risk to India's growth forecast as restrictions to curb the spread of the virus will hit economic activity, but a double-digit GDP growth is likely in 2021 given the low level of activity last year, Moody's said.
Pfizer Inc said on Tuesday it would work towards bringing the COVID-19 vaccine it developed with Germany's BioNTech to India after the government eased import rules, after withdrawing its application in February.
Pfizer said on Tuesday it would work towards bringing the #COVID19 vaccine it developed with Germany's BioNTech to India after the government eased import rules, after withdrawing its application in February.
Amid surging #covid19 cases forcing many states to curb mobility and businesses, a report has said these localised lockdowns in key economic hubs can cost the economy an average of $1.25 billion each week and may shave off 140 bps from the Q1 nominal GDP.