The three pharmaceutical lobbies' behemoth of Japan has collaborated for the first time in history. Amid urging reforms to the government's drug-pricing system to ignore losing out on investment and novel drugs. The firms further highlighted that the country needs a more transparent and understood price-setting mechanism to keep the market captivating for research-focused companies.

Transformers and Rectifiers India reported a Net Sales at Rs 339.31 crore in March 2022 up 19.57% from Rs. 283.78 crore in March 2021. Quarterly Net Profit at Rs. 1.31 crore in March 2022 down 80.03% from Rs. 6.56 crore in March 2021. EBITDA stands at Rs. 19.09 crore in March 2022 down 31.31% from Rs. 27.79 crore in March 2021. Transformers EPS has decreased to Rs. 0.10 in March 2022.

Transformers & Electricals Kerala reported a Net Sales at Rs 339.31 crore in March 2022 up 19.57% from Rs. 283.78 crore in March 2021. Quarterly Net Profit at Rs. 1.31 crore in March 2022 down 80.03% from Rs. 6.56 crore in March 2021. EBITDA stands at Rs. 19.09 crore in March 2022 down 31.31% from Rs. 27.79 crore in March 2021. Trans & Electr EPS has decreased to Rs. 0.10 in March 2022.

KSolves India reported a Net Sales at Rs 13.59 crore in March 2022 up 77.64% from Rs. 7.65 crore in March 2021. Quarterly Net Profit at Rs. 4.32 crore in March 2022 up 36.73% from Rs. 3.16 crore in March 2021. EBITDA stands at Rs. 5.84 crore in March 2022 up 33.94% from Rs. 4.36 crore in March 2021. KSolves EPS has decreased to Rs. 3.64 in March 2022.

Bored Ape Yacht Club NFT, Ape #6462, was sold for just 200 USDC by mistake by the BAYC holder. The floor price of BAYC is currently at 101.75 ETH ($206,000). The NTF was sold at 99.9% below the floor price. While many consider it a mistake, some speculators think the seller was trying to evade taxes.

Pix Transmissions reported a Net Sales at Rs 124.77 crore in March 2022 down 3.99% from Rs. 129.95 crore in March 2021. Quarterly Net Profit at Rs. 15.47 crore in March 2022 down 29.4% from Rs. 21.92 crore in March 2021. EBITDA stands at Rs. 30.83 crore in March 2022 down 15.63% from Rs. 36.54 crore in March 2021. Pix Transmis EPS has decreased to Rs. 11.36 in March 2022.

Grayscale, which is the world's largest cryptocurrency asset manager will now list an exchange-traded fund in Europe made up of companies showcasing the Future of Finance. The Bloomberg Future of Finance Index will be listed on the London Stock Exchange, Italy's Borsa Italiana, and Germany's Deutsche Börse Xetra and will commence trading effective from May 17.

Affle India reported a Net Sales at Rs 315.08 crore in March 2022 up 122.56% from Rs. 141.57 crore in March 2021. Quarterly Net Profit at Rs. 68.47 crore in March 2022 up 17.03% from Rs. 58.51 crore in March 2021. EBITDA stands at Rs. 87.68 crore in March 2022 up 24.51% from Rs. 70.42 crore in March 2021. Affle India EPS has decreased to Rs. 5.18 in March 2022.

An exclusive plan to address the emerging needs of the customer of today with all innovation has been launched PNB MetLife Dental Care Plan by PNB MetLife India Insurance. The novel plan is the first insurance plan that covers fixed-benefit outpatient costs. Meanwhile, it provides financial assistance to the patients with the expense related to overall dental health.

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On Monday, the prices of Jet fuel were increased by a steep 5.3 per cent. This is the tenth straight hike this year due to a rush in global energy prices. As per a price notification, the price of aviation turbine fuel (ATF) -- the fuel that helps aeroplanes fly -- was hiked by Rs 6,188.25 per kilolitre, or 5.29 per cent, to Rs 1,23,039.71 per kl (Rs 123 per litre) in the national capital.

According to Elon Musk, Twitter's daily user base may almost fully consist of bots or spammers. The high proportion of spam accounts takes a direct hit on the company's reputation and, potentially, stock, according to Musk. He also added that issues with advertising on Twitter might also arise as to calculate the ads' efficiency, daily active users are considered the main metric.

Shares of Tech Mahindra slipped in the early trade today after the company posted better numbers in the Q4FY22. 👉Morgan Stanley has kept an overweight rating on the stock and trimmed the target price to ₹1,650 from ₹1,800 apiece. Citi has kept a buy call and deducted the target to ₹1,400 from ₹1,715 a share. 💡Macquarie has kept outperforming rating on TechM with a target at ₹1,710 apiece.

The CNG price in the national capital has been increased by Rs 2 per kg, the 12th increase in rates in just over two months. The prices of CNG in the national capital territory of Delhi now costs Rs 73.61 per kg, up from Rs 71.61 per kg. This is the 12th hike in price since March 7. In all, the CNG price has risen by Rs 17.6 per kg during this period.

After SBI registered its Q4FY22 results, the scrip slipped by over one percent. As per the research firms, 💡Nomura has kept a buy call on the stock with a target of ₹615. Credit Suisse kept an outperform rating with a target of ₹600 apiece as execution is on track. 👉Morgan Stanley has maintained an overweight rating on the scrip and deducted the target price to ₹580 from ₹615.