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Maaza bigger than Coke with Rs 2,826 cr sales in FY21, Limca at Rs 2,061 cr

Maaza bigger than Coke with Rs 2,826 cr sales in FY21, Limca at Rs 2,061 cr

Fruit drink brand Maaza had reported total sales of Rs 2,826 crore in FY21 in the domestic market, which is higher than the sales of Coke in India, according to a top company official.

Limca, a lemon- and lime-flavoured carbonated soft drink brand, had recorded total sales of Rs 2,061 crore in FY21.

Omicron found in 95% of samples in Mumbai in latest genome sequencing

Omicron found in 95% of samples in Mumbai in latest genome sequencing

Nearly 95 per cent of swab samples examined in the latest round of genome sequencing in Mumbai were found infected with the Omicron variant of COVID-19, the city civic body has said.

The Omicron variant had triggered the third wave of the coronavirus pandemic in late December 2021 and it now ebbed in the Maharashtra state capital.

Cipla slips 5% as 2.5% equity changes hands on the BSE

Cipla slips 5% as 2.5% equity changes hands on the BSE

Shares of Cipla slipped 5 per cent to Rs 910 on the BSE in Tuesday's intra-day trade after more than 2 per cent of the total equity of the pharmaceutical company changed hands via block deal.

At 09:15 am, around 20.7 million equity shares, representing 2.57 per cent of total equity of Cipla, changed hands on the BSE, the exchange data showed. The name of the buyers could not be ascertained immediately.

Manappuram Finance slips 10%, hits 52-week low on weak Q3 results

Manappuram Finance slips 10%, hits 52-week low on weak Q3 results

Shares of Manappuram Finance hit 52-week low of Rs 128.70 after they slipped 10 per cent on the BSE in Tuesday's intra-day trade after the financier reported 46 per cent year-on-year (YoY) drop in consolidated net profit at Rs 261 crore in December quarter (Q3FY22), due to weak operational performance. Net interest income (NII) fell 12 per cent YoY to Rs 915 crore driven by a sharp compression in spreads.

The stock of the gold finance company has fallen below its previous low of Rs 139, touched on April 22, 2021.

Andhra CM Jagan reviews Covid-19 situation, lifts night curfew

Andhra CM Jagan reviews Covid-19 situation, lifts night curfew

As the COVID-19 positivity rate and the number of daily infections declined, Andhra Pradesh government lifted the night curfew.

Chief Minister YS Jagan Mohan Reddy held a review meeting on the prevailing situation of COVID-19 on Monday, as per Chief Minister's Office.

During the review meeting, the Chief Minister said that COVID-19 precautions must be taken at all times, especially in the public and commercial spaces by wearing masks.

60% turnout in UP phase 2 polls; 79% vote in Goa, 62% in Uttarakhand

60% turnout in UP phase 2 polls; 79% vote in Goa, 62% in Uttarakhand

A high voter turnout of nearly 79 percent in Goa and moderate polling of 65.1 percent in Uttarakhand was recorded on Monday during assembly elections in the two states that passed off peacefully.

Uttar Pradesh witnessed 60.44 percent voting till 5 PM in the second phase of the state polls held amid tight security.

Oil hits 7-yr highs as market fears Russian attack on Ukraine imminent

Oil hits 7-yr highs as market fears Russian attack on Ukraine imminent

Oil prices surged over 2% on Monday to their highest in more than seven years as Ukraine's president declared a day of unity for Feb. 16, a date that some Western media have cited as a possible start of a Russian invasion.

Russia is one of the world's largest oil and gas producers, and fears that it could invade Ukraine have driven the rally in oil closer to $100 per barrel, a level not seen since 2014.

Global Covid-19 caseload at 413.3 million, fatalities at 5.82 million

Global Covid-19 caseload at 413.3 million, fatalities at 5.82 million

The global coronavirus caseload has topped 413.3 million, while the deaths have surged to more than 5.82 million and vaccinations to over 10.22 billion, according to Johns Hopkins University.

In its latest update on Tuesday morning, the University's Center for Systems Science and Engineering (CSSE) revealed that the current global caseload and the death toll stood at 413,307,484 and 5,825,680, respectively, while the total number of vaccine doses administered has increased to 10,222,672,400.

Hiranandani Group enters consumer tech with Rs 3,500 cr investment plan

Hiranandani Group enters consumer tech with Rs 3,500 cr investment plan

Mumbai-based real estate major Hiranandani Group has announced its foray into technology-led consumer services with its new venture ‘Tez Platforms’, which is set to launch this year, at an initial outlay of about Rs 1,000 crore. And, over the next 2-3 years, it plans to invest about Rs 3,500 crore in the venture.

The company will focus on large opportunities in social media, entertainment, gaming and e-sports, e-commerce, personal mobility, artificial intelligence and blockchain-linked solutions.

Oyo IPO: Delhi HC rejects Zostel's petition for stake in firm

Oyo IPO: Delhi HC rejects Zostel's petition for stake in firm

Oyo IPO: In a breather to IPO-bound Oyo, the Delhi High Court rejected Zostel's plea claiming 7 per cent shareholding in Oyo.

The Softbank-backed Oyo has been in a legal tussle with Zo Rooms after the latter filed a case in the Delhi HC last year to restrain Oyo from going for a listing. The root of the dispute between the two parties lies in a failed buyout deal 6 years ago, which Zostel claims was binding on Oyo.

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