Friday, 13 January 2023

Tax Collection

Gross direct tax collection grew 24.5 per cent, expect to exceed the budget estimate by good margin. While direct tax collections are pegged to grow 20.7 per cent y-o-y, indirect taxes are projected to increase by 8.4 per cent y-o-y in FY23

Uttam Sugar Mills

Uttam Sugar Mills The company’s board approved increasing daily capacity of its ethanol distillery in Barkatpur by 100 kilolitres to 250 kilolitres with a capex of Rs 56 crore. The company will also send Rs 40 crore to increase its cane crushing capacity enhancement to 26,200 tonnes of cane per day.

Adani Wilmar

Adani Wilmar Business Updates for December Quarter (YoY) - The company registered overall volume growth in high teens and value growth of high single-digit. - Edible oil segment saw high-single digit volume growth, and low-single digit rise in value.

Sun Pharma

Sun Pharma Rises After Breast Cancer Drug Launch Sun Pharmaceutical Industries Ltd. launches Palbociclib, a novel targeted therapy for advanced breast cancer. Palbociclib helps delaying disease progression when co-administered with hormonal therapies.

Cyient DLM Limited

Cyient DLM Limited a subsidiary of Cyient Limited has field DRHP with SEBI for IPO Fresh :₹740 Cr Employees : yes Shareholders :yes Cyient Limited (Listed).

PIRAMAL PHARMA

PIRAMAL PHARMA: CO SAYS US FDA ISSUED A FORM-483, WITH SIX OBSERVATIONS || THE OBSERVATIONS WERE CLASSIFIED UNDER VAI AND DOES NOT RELATE TO DATA INTEGRITY

India is spending 2x more time in upskilling vs the world.

India is spending 2x more time in upskilling vs the world. And all that's translating ultimately into India's growth and productivity. - Satya Nadella

India Daybook – Stocks in News

*P&G:* Net profit up 36.5% Rs 210.7 cr, Revenue up 8.9% at Rs 1,138.4 cr YoY  *TVS Motors:* Net profit at Rs 536.6 cr vs poll Rs 520.0 c...