Ice Make Refrigeration Limited has reported that it has broadened its consumer base by acquiring an export order from Congo of Solar Cold Room, which includes a 5MT capacity. It is specially designed to mix plant units, together with offering a total range of equipment for ice cream mix preparation for small and medium scale. Further, it is involved in the manufacturing and supply of Chillers.

Dharmaj Crop Guard, on Monday, secured the market regulator Sebi's approval to raise Rs 300 crore through an initial public offering (IPO). The Ahmedabad based Agro Chemical player filed its draft prospectus in January 2022. The maiden issue consists of a fresh issue of equity shares worth up to Rs216 crore and an offer-for-sale (OFS) of up to 1,483,000 equity shares by existing shareholders.

After Tata Consultancy Services entered into a strategic collaboration with Canada's largest payment organization Payments Canada, the share price rallied up in the early trade. This merger is to modify its payment operations & help to channel the Real-Time Rail. It is the new real-time payments system, which will allow Canadians to initiate payments and get irreversible funds in seconds and 24*7.

Zomato stock was trading on a bearish note during Tuesday's early deals after the Competition Commission of India (CCI) on April 4 announced that the conduct of Swiggy and Zomato required investigation. The announcement by the regulator was made following allegations including delayed payment cycle, imposition of one-sided clauses and exorbitant commission.

Nitin Shah, who is the CMD of Allied Digital Services Limited has been honored as one of “The Most Promising Business Leaders of Asia 2021-22” by economic times. Acknowledged business leaders of Asia, who are in near future going to play a significant role in sculpting the business demographics globally. Shah has been recognized to stand in turbulent times with the company and generate growth.

In a Series B funding round, startup Neeman’s which deals with Sustainable footwear is in advanced talks with investors and growth funds to raise nearly ₹100-120 cr. In which, the existing angel and venture capital investors showed interest to participate. Neeman's raised 2 rounds of funding earlier also, including an angel round of $1 mn from Anicut Capital & Series A funding of $2.7 mn from SSV.

Yes Bank on Tuesday announced that the lender's deposits stood at ₹197,281 crore for the quarter ended March 2022 (provisional). The deposits in the mentioned quarter registered a growth of over 7% QoQ & over 21% YoY. Yes Bank's deposits for December 2021 stood at ₹184,288 crore and for March 2021 at ₹162,947 crore. Its net advances improved almost 9% YoY to ₹181,508 cr as against ₹166,893 cr.

Adani Port's stock zoomed on Tuesday after it confirmed the handling of the highest ever monthly cargo of 29.16 MMT in March implying a YoY growth of 12% and MoM growth of 21%. Further, the company also achieved all-time high handling of containers, coking coal, edible oil, chemicals, crude, POL, and steel. It recorded the highest ever cargo of 312.39 MMT in FY2022, which is a growth of 26% YoY.

Kalyan Jeweller's stock gained on Tuesday after it reported that Q4 FY22 was a satisfying quarter with strong momentum, especially after the disruption to showroom operations in January 2022 due to 3rd wave of the pandemic. The Company's biz registered a ~7% decline in revenues as against Q4FY21. However, in comparison to Q4 FY20, the recently concluded quarter saw over 47% growth.

Wockhardt stocks gained on Tuesday after it appointed Mr Pramod Gupta as the new Chief Financial Officer effective from April 4, 2022. The decision was made by the Company following the exit of Mr Deepak Madnani as the CFO. Mr Gupta boasts of 3 decades of experience in Finance, Supply Chain, IT, and business management across diverse organizations including HUL, Novartis, DHL Express, others.

SBI Cards and Payments Services confirmed block deals on Tuesday with around 29.4 million shares or 3 per cent stake in the company changing hands in two bunched trades. In the mentioned deals, private equity firm Carlyle Group decided to offload its entire stake in SBI Cards and Payments Services Ltd for as much as Rs 2558 crore. Buyers' details are not available until now.

India attained a record high annual merchandise exports of USD 417.81 billion in FY22. The value shows a rise of 43.18% over USD 291.81 billion in FY21 and a growth of 33.33% over USD 313.36 billion in FY20. India’s monthly merchandise exports exceeded USD 40 Billion for the first time in March 2022. It touched USD 40.38 billion, an increase of 14.53% over USD 35.26 billion in March 2021.

📊 Amid mixed global cues, domestic benchmark indices witnessed a flat START on April-05. ✅At 9:16 AM, Sensex plunged by 🔻 20.30 points or 0.03% at 60591.44, and the Nifty was up🔼 4.90 points or 0.03% at 18058.30. About 1795 shares have advanced, 366 shares declined, and 67 shares are unchanged. 👉Adani Ports, ONGC, and UPL were the top performers on the Nifty50 at Open.

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The U.S. Treasury has suspended dollar debt payments from Russian government accounts at U.S. banks. The move resulted in mounting pressure on Moscow to find alternative funding sources to pay bond investors. The situation leaves the country with three unattractive options-- draining dollar reserves held in its own country, spending new revenue, or going into default.