Tide Water Oil's consolidated Net Sales jumped by 21.94% YoY to Rs 444.68 crore in March 2022 in comparison to Rs. 364.68 crore in March 2021. The Company's Quarterly Net Profit also grew by 3.08% YoY to Rs. 37.79 crore in March 2022 as compared to Rs. 36.66 crore in March 2021. Its EBITDA improved by 4.54% YoY to Rs. 51.77 crore in March 2022 from Rs. 49.52 crore in March 2021.

A subsidiary of Kotak Mahindra Bank, Kotak Investment Advisors has declared the launch of Kotak Cherry, which is a curated tech-enabled investment management platform. The platform will provide investment solutions to its customers through a digital application supported by professional fund managers. The app will offer solutions with stocks, bonds, mutual funds, FDs, and NPS, among others.

Solana suffered its second outage in a month, and the validators on the network stopped processing new blocks for several hours. This led to applications built on Solana's blockchain being taken offline. The outage was reflected in Solana's price crash, and it currently trades at $39.98. In the last 24 hours, the coin has moved 12% to the downside.

📢 Benchmark indices CLOSED on a positive note after the volatile session on June-02. 📊 At 3:30 PM, the Sensex improved by 436.94 points or 0.79% at 55,818.11, while the Nifty surged by 105.25 points or 0.64% at 16,628.00. 👉 Among sectoral indices, Nifty IT (🔼1.82%), and Nifty Metal (🔼1.14%) experienced considerable buying.

Reports suggest that Kanye West could be preparing to mint and launch his own NFT. Kanye west’s company, West’s Mascotte Holdings Inc., has filed 17 trademark applications, including mentions of “non-fungible assets” & “metaverse experiences.” This comes almost 4 months after the rapper asked his followers on Instagram not to ask him to do an NFT.

Sonalika Tractors logged a 42.1% jump in its total tractor sales at 12,615 units in May 2022 in comparison to 8,878 tractors sold in May 2021. The tractor maker launched 'Sikander RX 50 with 12F+3R transmission’ for the farmers in Madhya Pradesh, while it introduced ’MM 18 Narrow Track’, especially for the farmers in Gujarat. The robust growth is due to addressing specific farmer requirements.

Godrej & Boyce inducted a gas-insulated substation (GIS) at Naubatpur and Jakkanpur towns in Bihar. Power Infra and Renewable Energy unit of Godrej & Boyce commissioned the mentioned substation. The move will connect the locations on a state-level grid through 400kV, 220kV, 132kV & amp; 33kV transmission lines and establish reliable quality power with a transformation capacity of 1000 MVA.

On-chain data revealed that large whales on the network are accumulating BTC as the price goes down. For nearly two weeks now, the “Accumulation Trend Score” stands at a high of 0.9. On a scale of 0 to 1, when the score is close to 0, it shows that the investors are distributing their holdings or not accumulating, & when the score is near to 1, it shows investors are accumulating strongly.

Cardano currently trades at $0.5667. In the last 24 hours, the coin has moved 6.11% to the downside. The 6th largest cryptocurrency by market cap showed a rally of 40% in the last few days, but soon the bears caught on and dragged down the price with the rest of the cryptocurrency market. The 24-hour trading volume stands at $1.459, with a market dominance of 1.55%.

Multiple stocks in Europe bounced back on Thursday after a two-day decline. The stock movement was led by tech and healthcare names. However, gains were limited by a fall in energy stocks and concerns over slowing economic growth. The pan-European STOXX 600 index gained 0.4% by 0719 GMT. Volumes are likely to be tepid as London exchanges are closed for Queen's Platinum Jubilee bank holidays.

Creador and India Life Sciences Fund, which are private equity companies have invested $68 million (i.e. ₹520 cr) in Gujarat's Accumax Lab Devices, which is a lab consumable, and benchtop equipment manufacturer. The laboratory has a total of six manufacturing plants in India and Germany, with a workforce of 1,500 people for dealing with its customer in more than 120 countries.

Experts estimated that specialty chemicals firm Aether Industries to debut on bourses on June 3 with a single-digit premium over the issue price. The likelihood of a tepid listing has been projected due to the low response to the IPO and unimpressive GMP. Market observers, however, stressed that volatility in trading will also have some impact on the listing.

Marc Andreessen, a billionaire tech entrepreneur, said that the Web3 and blockchain technology reminds him of the rise of the early internet(the 1990s). Marc emphasized that this is the first time he has made such a statement and added, “I’ve never said it about any other kind of technology because I just wanted people to know like I don’t take the comparison lightly.”

SpiceJet on Thursday confirmed the operation of 37 special flights between India and Saudi Arabia till July 31 for the convenience of Indian Haj pilgrims during their spiritual journey. The carrier's website revealed, "The special flights from Srinagar will depart for Medina between June 5 and June 20. Return flights from Jeddah to Srinagar are scheduled from July 15 to July 31."

As ExpressVPN did not wish to participate in the Indian government’s attempt to restrict internet freedom in the name of battling cybercrime, the VPN service provider has decided to shut down its servers in India. Furthermore, the VPN major claims that the new rule of the Indian Govt is overreaching and broad, which will more likely open up a window for potential abuse.