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Biotechnology firm Biocon on Thursday reported a 78.22 per cent jump in consolidated net profit at Rs 201.54 crore for the fourth quarter ended March 31 helped by exceptional gains of Rs 105.06 crore.
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Corruption cases
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The benchmark BSE Sensex on Thursday slipped by 215 points to end at 27,011.31, its second-lowest level of the year, while Nifty ended below the 8,200-mark on heavy selling in FMCG, auto sectors over worries of corporate earnings growth and persistent foreign fund outflows.
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Eight core industries registered a negative growth of 0.1 per cent in March, the lowest performance in 17 months, due to a steep decline in production of steel, cement and refinery products.
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Extending its winning run for the third straight day, gold prices were up by another Rs 55 to trade at over three-month high of Rs 27,475 per ten grammes at the bullion market on sustained buying by jewellers to meet wedding season demand amid firming trend overseas.
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Indian rupee depreciated for the second day on Thursday closing down by 12 paise at 63.42 against the US currency due to month-end dollar demand from importers and fall in stocks markets.
Indian professional denied F-1 visa despite Amazon career, officer says ‘you’re already successful’
