Siyaram Silk Mills reported their consolidated quarterly results with a slight increase in net sales and a decrease in net profit, EBITDA, and EPS compared to the previous year. Their shares on NSE closed at 540.80 with negative returns over the last 6 months and positive returns over the last 12 months. No information about shareholding was provided.

The Rajasthan government announced various measures, such as increased payouts for farmers under PM-KISAN and hiked minimum support price for wheat, in their first Budget after coming to power. Other allocations include funds for education, agriculture, infrastructure, and welfare schemes. The Finance Minister also accused the previous Congress government of financial mismanagement and corruption.

Reported Standalone quarterly numbers for MRF are: Net Sales at Rs 6,047.79 crore in December 2023 up 9.27% from Rs. 5,534.92 crore in December 2022. Quarterly Net Profit at Rs. 508.02 crore in December 2023 up 200.21% from Rs. 169.22 crore in December 2022. EBITDA stands at Rs. 1,116.00 crore in December 2023 up 80.41% from Rs. 618.58 crore in December 2022.

Finolex Cables reported a net sales of Rs. 1,221.68 crore for the December 2023 quarter, showing a 6.2% increase compared to the same period in 2022. However, their net profit for the quarter decreased by 5.28%. The company's EBITDA also saw a marginal increase of 2.22%. Despite this, its EPS dropped from Rs. 8.82 to Rs. 8.35.

Standalone quarterly results for Royale Manor Hotels and Industries show a 2.05% increase in net sales to Rs.7.36 crore and a 10.39% rise in net profit at Rs.2.10 crore in December 2023 compared to the same period in 2022. EBITDA also saw a growth of 5.25%, with EPS increasing from Rs.1.06 to Rs.1.11. The company's shares have shown strong performance,

Reported Standalone quarterly numbers for Anna Finance are: Net Sales at Rs 0.09 crore in December 2023 down 77.46% from Rs. 0.39 crore in December 2022. Quarterly Net Profit at Rs. 0.01 crore in December 2023 down 88.44% from Rs. 0.11 crore in December 2022. EBITDA stands at Rs. 0.04 crore in December 2023 down 77.78% from Rs. 0.18 crore in December 2022.

Reported Standalone quarterly numbers for Virgo Polymers (India) are: Net Sales at Rs 32.95 crore in December 2023 down 1.16% from Rs. 33.34 crore in December 2022. Quarterly Net Profit at Rs. 0.01 crore in December 2023 up 100.88% from Rs. 1.60 crore in December 2022. EBITDA stands at Rs. 0.86 crore in December 2023 up 238.71% from Rs. 0.62 crore in December 2022.

Google is rebranding its AI chatbot Bard as Gemini and expanding it to mobile devices. It will have a paid tier called Gemini Advanced, with access to the largest AI model, Gemini Ultra 1.0. Gemini's capabilities include coding, content creation, and data analysis. It will also be accessible through a dedicated app and may eventually replace the existing Google Assistant.

Hindustan Organic Chemicals reported a standalone net sales of Rs. 186.82 crore in December 2023, representing a 7.47% increase from the previous year. However, they also reported a net loss of Rs. 18.02 crore, which is a decrease of 35.47% from the previous year. EBITDA also saw an increase of 107.5%. The company's shares closed at Rs.19.90 on August 16

Shah Construction Company's standalone quarterly report shows a significant increase in net sales, up 854.22% from the same quarter last year. However, the company reported a decrease in net loss and an increase in EBITDA. The company's total income from operations is at Rs. 0.64 crore. The expenditure includes a decrease in stocks and an increase in employee costs.

The Indian rupee closed weaker on Friday due to dollar demand from importers and a rise in oil prices. The rupee also ended the week with a small decline. The Fed's interest rate cut expectations have dropped, contributing to the dollar's stability. The rupee is expected to remain stable next week, with investors watching for inflation data in India and the US.

Jharkhand's solar city project aims to install 8000 solar-powered white LED street lights in Giridih by June, costing Rs 22.29 crore. The lights have lithium ferro phosphate batteries and remote monitoring systems, reducing reliance on thermal and conventional energy sources. JREDA plans to also install rooftop solar panels for domestic households, with 1MW already installed.

MahaRERA has reported that 4,000 out of 7,000 stalled real estate projects in Maharashtra have been completed in the past year with the help of self-regulatory organizations (SROs) of developers. However, deregistration process has been initiated for 15% of the projects showing no progress. SROs coordinate with RERA to handle disputes and push for completion.

Japan's trade ministry is providing up to 45 bn yen in backing to the Leading-edge Semiconductor Technology Center, led by chip foundry venture Rapidus, for research into cutting-edge semiconductor technology. This support is part of Japan's efforts to rebuild its chip manufacturing base and compete with leading companies like TSMC, which recently announced plans to build a second fab in Japan.

The government announced a Rs 6,000 cr scheme to formalize the unorganized fisheries sector and extend the Fisheries Infrastructure Development Fund for three more years. The scheme, called Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana, aims to create 1.7 lakh jobs, promote aquaculture insurance, and improve export competitiveness. The FIDF has already approved projects worth Rs 5,588.63 cr.