Indian generic drugmaker Lupin reported a smaller-than-expected rise in fourth-quarter profit on Monday, as higher raw material costs more than offset strong demand for its drugs in North America.
India will buy back 400 billion rupees ($4.80 billion) worth of securities, the country's central bank said on Friday. The securities offered for buyback are 6.18% GS 2024, 9.15% GS 2024 and 6.89% GS 2025, the Reserve Bank of India said in a statement. "The choice of securities suggests this buyback is a liquidity redistribution exercise by the government as they have clear visibility on their shorter-term funds," said Vivek Kumar, economist at QuantEco Research.
India s Kansai Nerolac Paints reported a higher profit for the fifth straight quarter on Saturday, aided by sustained demand from decorative and industrial coatings. WHY IT S.
Indian real estate developer Godrej Properties reported a fall in fourth-quarter revenue on Friday, weighed by muted pricing in the key market of Mumbai. Shares of the company.
JSW Infrastructure, India s No.2 private port operator by market capitalisation, reported a near 10% increase in fourth-quarter profit on Friday, boosted by higher cargo volumes. .