DAILY UPDATES

ZYDUS LIFESCIENCES: Q1 CONS NET PROFIT 14B RUPEES VS 11B (YOY); 11.4B EST BEATS YOY BEATS EST BEATS QOQ

ZYDUS LIFESCIENCE Q1: CONS NET PROFIT AT 1419 CR V 1087 CR (YOY) REVENUE AT 6046 CR V 5052 CR

TRENT CHAIRMAN Says The overall market sentiment remains subdued with increased competitive intensity. On our part, we continue to witness encouraging traction for our lifestyle offerings across brands, concepts, categories and channels. Focus on delivering…

TRENT CHAIRMAN Says The overall market sentiment remains subdued with increased competitive intensity. On our part, we continue to witness encouraging traction for our lifestyle offerings across brands, concepts, categories and channels. Focus on delivering consistent and improved value propositions keep us relevant for our customers. The market opportunity associated with building brands and a pure play direct-to-customer business like ours is immense. We have applied Trent's playbook to the Star business and are witnessing strong customer traction. Several new stores were added in Q1 and we expect a steady expansion of our portfolio going forward. The success of own branded products also augurs well for the Star business.

SINCLAIRS HOTELS: Co enters north india announces opening of 2 new properties in Rajasthan Sinclairs Palace Retreat Udaipur And Sinclairs Udaipur

Buy Back announced info

DAILY UPDATES pinned «9⃣th August 2024 News update 📌»

9⃣th August 2024 News update 📌

OP STORIES -Stocks get relief rally post jobless claims data. -LIC Q1 profit rises 9% to Rs 10,544 crore. -Unitech hits net loss of Rs 1,206 crore. -Adani Ports names 2 new ind directors. -Eicher Motors Q1 profit rises 20%. -MRF Q1 revenue up 11%, profit dips.

RBI Policy Update

📋RBI POLICY ANNOUNCEMENT TODAY AT 10 AM Expectations:No change in policy

🚨 Gautam Adani, the chairman of Adani Group, has revealed his plans to retire at the age of 70 and transfer control to his sons and their cousins in the early 2030s. (Reuters)

Benefits of SEZ : ✓Tax benefits & exemptions ✓Simplified regulations ✓Duty-free imports ✓Export incentives ✓World-class infrastructure ✓Single-window clearance ✓Attract foreign investment ✓Boost employment & innovation ✓Increase foreign exchange earnings

Bihar to get its 1st SEZ as the government of India has approved the proposal to set up multi-sector Special Economic Zone at Nawanagar, Buxar and Kumarbagh, West Champaran.

Dell fired 12,500 employees (10% of its workforce) as part of its shift toward AI products and services.

Reliance Industries cut its workforce by 42,000 employees in FY24, focusing on cost-efficiency and reduced hiring.

Centre refuses to grant 'Metro' status to Bengaluru city.

DAILY UPDATES pinned «8th August News Updates 📌»

8th August News Updates 📌

PIDILITE MD says “Despite challenging economic conditions because of election related impact as well as severe heat wave conditions in most parts of the country, we delivered robust UVG as well as healthy profitability in this quarter. Given a healthy monsoon and the ensuing festival season, we remain optimistic on market demand and our ability to deliver robust growths. We will continue to invest in growth facing initiatives as well as building a resilient supply chain.”