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Hariom Pipe Industries receives affirmation in credit ratings

Mumbai, April 16 -- Hariom Pipe Industries announced the revision in rating outlook to 'Watch Developing' from 'Stable' while credit rating has been reaffirmed at CRISIL A-/ CRISIL A2+ for the company... Read More


Vikran Engineering receives revision in rating outlook to 'Negative'

Mumbai, April 16 -- Vikran Engineering announced that the credit rating assigned to the Company by India Ratings & Research has been reaffirmed at "A-". However, the rating outlook has been revised fr... Read More


L T Foods appoints Ritesh Sud as Chief Marketing Officer India & Far East

Mumbai, April 16 -- L T Foods announced the appointment of Ritesh Sud as Chief Marketing Officer - India & Far East, reinforcing its strategic focus on furthering strengthening the brand-led growth, d... Read More


German 10 year bond yields hover just under 3%

Mumbai, April 16 -- German 10 year bond yields are hovering just under 3%, easing marginally but still near 15-year high amid soaring energy prices. Eurozone inflation edged up more than initially est... Read More


Economic Buzz: Eurozone inflation edges higher on accelerating energy prices

Mumbai, April 16 -- Eurozone inflation edged up more than initially estimated in March, hitting its strongest level since mid-2024, final data from Eurostat showed Thursday. Eurostat said energy price... Read More


Alembic Pharmaceuticals receives USFDA approval for Methotrexate Injection

Mumbai, April 16 -- Alembic Pharmaceuticals (Alembic) today announced that it has received final approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA)... Read More


High debt levels and greater rollover risks in core sovereign bond markets could accelerate global bond yields

Mumbai, April 16 -- IMF stated in its latest Global Financial Stability report that global financial stability risks are elevated. The global financial system is confronting the ongoing war in the Mid... Read More


SG Finserve surges on strong Q4 earnings; PAT jumps 78% YoY

Mumbai, April 16 -- On a sequential basis, net profit increased 30% from Rs 32.5 crore reported in Q3 FY26. Total income surged 95% YoY to Rs 105.7 crore in the quarter ended 31 March 2026, while it ... Read More


UK Pound stays slippery

Mumbai, April 16 -- British Pound stayed lax after slipping from seven-week high against the US dollar amid continued economic worries. The energy price shock from the Iran war will hit the UK the har... Read More


Amir Chand climbs after Q3 PAT jumps 94% YoY to Rs 35 cr

Mumbai, April 16 -- Profit before tax (PBT) surged 103.76% YoY to Rs 47.74 crore in the quarter ended 31st December 2025. Total expenses climbed 10.27% to Rs 522.24 crore in Q3 FY26, compared with Rs... Read More