Inventory Market LIVE: Sensex rises over 150 pts; M&M prime gainer | Information on Markets

The Tata Group firm reported q internet lack of Rs 841 crore in Q4FY24 vs a revenue of Rs 692 crore final yr.

 

The loss got here on the again of a non-cash write down of belongings aggregating to a complete of Rs 963 crore, which has been disclosed as an distinctive loss, within the Soda ash and Bicarb operations in the UK.

 

It has secured new orders value Rs 1,036 crore within the home and worldwide markets.

Patanjali Meals has been served a present trigger discover by the GST intelligence division, asking the corporate to elucidate why an enter tax credit score value Rs 27.46 crore shouldn’t be recovered from it.

 

In a separate growth, the drug regulator of Uttarakhand has suspended the manufacturing licences of 14 merchandise made by Baba Ramdev’s Patanjali Ayurved citing deceptive ads about their efficacy.

 

The corporate has obtained a letter of acceptance (LoA) from Bangladesh Railway in reference to the provision of 200 Broad Gauge (BG) Passenger Carriages to Bangladesh Railways. The contract is valued at $111.26 million with a stipulated execution interval of 36 months.

The non-bank finance firm (NBFC) reported its highest-ever internet revenue of Rs 331.7 crore within the March quarter of FY24 (Q4FY24). This was a progress of 83.6 per cent year-on-year (Y-o-Y). Internet curiosity revenue (NII) elevated 57 per cent Y-o-Y to Rs 640.5 crore, together with asset high quality enchancment.

Mahindra & Mahindra has launched XUV 3XO, beginning at Rs 7.49 lakh. Bookings for the XUV 3XO will open from Might 15 and deliveries will start from Might 26.