Thu, May 26, 2022 8:00 AM
Tijaria Polypipes posted its net loss at Rs 7.53 crore in Q4
Reliance Retail, Swiggy and Thailand’s largest conglomerate Charoen Pokphand (CP) Group are contending with PremjiInvest to acquire the Indian cash-and-carry operations of German retailer Metro AG. After Metro decided to exit the India business on May 20 by selling its local operations, at least 10 potential candidates have expressed their interest to bid for the Company.
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Egypt is planning to sign a deal to buy 180,000 tonnes of wheat from India. The North African country has in recent years purchased much of its grain from the Black Sea but saw those imports disrupted by the war. Amid the present crisis, the country's Supply Minister Aly Moselhy announced in May that it had agreed to buy 500,000 tonnes of wheat from India.
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✅ SGX Nifty improved by 1.01% to 15,859 as of 6:50 AM today. ✅ Stock prices surge in Japan, Australia while US futures declined after a 3% gain on Wall Street on Friday. ✅ Dr Reddy's bought a portfolio of branded and generic injectable products from Eton Pharma. ✅ Welspun Corp secured Rs 600 crore worth of orders from India and the U.S. ✅ INR closed at Rs 78.34 against the USD on Friday.
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