India’s biggest share sale saw foreign institutional investors step up their bids in the last hours before the close of subscription on Monday. This instance shunned currency risks and global market uncertainties. According to the data, investors from abroad put in orders for 61% of the shares set aside for institutional buyers in the $2.7 bn initial public offering of Life Insurance Corp.

3i Infotech Limited's total income grew by 3.38% QoQ to Rs. 175.70 crores during the period ended March 31, 2022, as against Rs. 169.96 crores during the period ended December 31, 2021. The company's net loss shrinks by 82.77% QoQ to Rs. -3.90 crores for the period ended March 31, 2022, as against a net loss of Rs. -22.63 crores for the period ended December 31, 2021.

The prices of gold plunged on Tuesday as a decline in U.S. Treasury yields offset pressure on greenback-priced bullion from sustained strength in the dollar. Spot gold rallied about 0.1% at $1,854.91 per ounce, as of 0055 GMT. U.S. gold futures were down 0.2% at $1,854.10. Benchmark 10-yr U.S. Treasury yields extended declines on Tuesday after pulling back from their highest level in 3-1/2 yr.

🔰SRF, Dalmia Bharat, Godrej Agrovet were among the cos that announced Q4 results post-market hours. 🔰HCL Tech, Reliance Industries & shipping Corp are among the stocks to watch today. 🔰Cressanda Solutions buys 16.01 lakh (0.52%) shares of Tango Commosales at Rs 44.53 apiece. 🔰Rupee ended Rs 77.46 against the U.S. Dollar. 🔰Bitcoin administered a plunge.

Razorpay is expected to see new investors on board through its employees' share sale of $75 mn. The B2B payments and neo banking platform has told on May 10 that the purchase will be led by Lightspeed Venture Partners along with participation from Moore Strategic Ventures who will subsequently join the company’s cap table. Razorpay’s valuation had jumped from $1 billion to $7.5 bn in Dec'21.

Around forty companies are expected to announce their Q4'FY22 results today (May 10, 2022). A few of the important ones include ✅ Asian Paints Ltd ✅ Cipla Ltd ✅ Vodafone Idea Ltd ✅ MRF Ltd ✅ Torrent Power Ltd How will the market react today? Stay tuned for more updates from FlipitMoney!

KEI Industries' total income improved 14.95% QoQ to Rs. 1799.535 crores during the period ended March 31, 2022, as against a total income of Rs. 1565.558 crores in the period ended December 31, 2021. The company's Q4FY22 net profit also surged 14.58% QoQ to Rs. 115.982 crores in comparison to a net profit of Rs. 101.228 crores for the period ended December 31, 2021.

The prices of oil tumbled in early Asian trade on Tuesday, fell by additional 6% from the previous sessions. This comes amid the coronavirus lockdowns in top oil importer China and potential economic ructions in Europe fed worries about the demand outlook. Brent crude fell 36 cents, or 0.3%, to $105.58 at 0009 GMT. U.S. West Texas Intermediate crude plunged 23 cents, or 0.2% to $102.86 a barrel.

Aarti Drugs' consolidated net profit grew by 7.1% YoY to Rs 55.34 crore in Q4 FY22 in comparison to a net profit of Rs 51.65 crore registered in Q4 FY21. The pharma player's consolidated net sales improved by 38.4% to Rs 694.27 crore in Q4 FY22 as against Rs 501.75 in Q4 FY21. Its profit before tax increased by 8% YoY to Rs 70.5 crore in Q4 FY22.

Josh Talks bagged a $3.5 million in a round led by Ankur Capital with participation from other marquee investors such as Vijay Shekhar Sharma (Paytm), Vaibhav Domkundwar (Better Capital), Vineeta Singh (SUGAR Cosmetics), Ritesh Agarwal (OYO), and Ankur Warikoo. The average monthly views on Josh Talks is 85 mn across platforms. It has also stepped into interactive educational courses.

JSW Group is planning for a $7 billion bid for Holcim AG's Indian subsidiaries Ambuja Cements Ltd and ACC Ltd. According to the reports on Tuesday, the JSW will offer $4.5 billion in its own equity and $2.5 billion from undisclosed private equity partners for the bid. In a statement from JSW Group Chairman Sajjan Jindal, the company will acquire a 63% stake in Ambuja Cements.

Dalmia Bharat's total income during Q4FY22 improved by 24.20% QoQ to Rs. 3433 crores as against a total income of Rs. 2764 crores during the period ended December 31, 2021. The company Q4FY22 net profit surged a whopping 600% QoQ to Rs. 595 crores in comparison to a net profit of Rs. 85 crores for the period ended December 31, 2021.

Bukele, who made Bitcoin purchase for the country with his phone, referred to the purchase as “buying the dip.” Recently there was another purchase of 500 BTC in El Salvador, marking it as the largest purchase by the country since it became the first country to adopt cryptocurrency as legal tender. El Salvador now owns about 2,301 Bitcoin valued at around $71.3 million if 1 BTC is $31000.

SRF's consolidated net profit increased by 59% YoY to Rs 606 crore. Th Company also registered a 36% growth in revenue to Rs 3,549 crore in Q4 FY22 as compared to the corresponding period of the previous year (CPLY). It's earnings before interest and tax (EBIT) jumped by 52% to Rs 876 crore in Q4 FY22 from Rs 575 crore recorded in CPLY.

Crypto Snack, on Monday, collaborated with RCD Espanyol, a Spanish football club. With this, it emerged as the first La Liga club to accept payments in cryptocurrencies. Crypto Snack is the world's fastest-growing iGaming token and partner for traditional sports franchises as well as other businesses. It has also been listed on multiple crucial crypto exchanges.