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Covid-19: 41,195 new infections, active cases increase to 387,987

Covid-19: 41,195 new infections, active cases increase to 387,987

India logged 41,195 new coronavirus infections in a day taking the total tally of COVID-19 cases to 3,20,77,706, while the active cases increased to 3,87,987, according to the Union Health Ministry data updated on Thursday.

The death toll climbed to 4,29,669 with 490 fresh fatalities, the data updated at 8 am showed.

Yes Bank hits 52-week low in firm market, down 33% thus far in 2021

Yes Bank hits 52-week low in firm market, down 33% thus far in 2021

Shares of Yes Bank hit a 52-week low of Rs 11.89, down 1 per cent on the BSE in intra-day trade on Thursday in an otherwise firm market. The stock of the private sector lender was trading at its lowest level since August 3, 2020. Thus far in the calendar year 2021, the market price of Yes Bank has slipped 33 per cent, compared to a 14.6 per cent rally in the S&P BSE Sensex. It had hit a 52-week high of Rs 20.83 on December 11, 2020.

After a heavy loss in the January-March quarter of the financial year 2020-21 (Q4FY21), Yes Bank returned to profitability in the April-June quarter of the financial year 2021-22 (Q1FY22) with a profit of Rs 210 crore, mainly led by higher other income and lower provisions.

Indoco Remedies zooms 20%, hits record high on strong Q1 results

Indoco Remedies zooms 20%, hits record high on strong Q1 results

Shares of Indoco Remedies hit a record high of Rs 529.70 after they zoomed 20 per cent on the BSE in the intra-day trade on Thursday. The company reported a strong 40.2 per cent year on year (YoY) and 26.7 per cent quarter on quarter (QoQ) growth in revenue at Rs 386.8 crore for the quarter ended June 2021 (Q1FY22) on Wednesday on the back of a healthy growth in domestic markets due to traction for Covid portfolio during pandemic’s second wave.

The stock of the pharmaceutical company surpassed its previous high of Rs 495 touched on July 2, 2021.

Bata India jumps 5%, hits 52-week high on narrowing net loss in Q1

Bata India jumps 5%, hits 52-week high on narrowing net loss in Q1

Shares of Bata India soared 5 per cent to its fresh 52-week high of Rs 1754.80 on the BSE in intra-day session on Thursday following the footwear maker's June quarter results. Bata India on Wednesday, post-market hours, reported a narrowing of loss to Rs 69.5 crore in the April-June quarter (Q1) compared with Rs 101 crore net loss in the corresponding quarter last year.

The firm’s operating revenue grew 98 per cent to Rs 267 crore on a low base of Rs 135 crore that it has reported in the year-ago period.

Brookfield buys 30 acre land near Mumbai for Rs 600 cr to build data centre

Brookfield buys 30 acre land near Mumbai for Rs 600 cr to build data centre

In one of the biggest land deals in the country in the last couple of years, Canada's Brookfield has bought a 30 acre land parcel in Navi Mumbai, a satellite town of Mumbai, for Rs 600 crore from K Raheja Corp, sources said.

Brookfield plans to build a data centre on the plot.

Global Covid-19 caseload tops 204.6 mn with more than 4.32 mn deaths

Global Covid-19 caseload tops 204.6 mn with more than 4.32 mn deaths

The global coronavirus caseload has topped 202.6 million, while the deaths have surged to more than 4.32 million and vaccinations soared to over 4.52 billion, according to the Johns Hopkins University.

In its latest update on Thursday morning, the University's Center for Systems Science and Engineering (CSSE) revealed that the current global caseload, death toll stood and vaccination tally stood at 204,626,055, 4,323,778 and 4,527,816,903, respectively.

Accenture says ransomware attack had no impact, withholds comment on data

Accenture says ransomware attack had no impact, withholds comment on data

Cybercriminals have breached Accenture in an apparent ransomware attack but the global consulting giant says the incident was immediately contained with no impact on it or its systems.

The LockBit ransomware gang announced the attack Tuesday night on its dark web leak site, setting a deadline of Thursday evening for payment.

COVID-19 update: India sees sharp surge in cases with 38,353 new infections and 497 deaths

COVID-19 update: India sees sharp surge in cases with 38,353 new infections and 497 deaths

India reported 38,353 fresh COVID-19 cases, 36% higher than 28,204 cases reported yesterday. With this, the total tally of COVID-19 cases in India has risen to 3,20,36,511. The country also reported 497 deaths, taking the cumulative death count to 4,29,179.

The active cases have declined to 3,86,351, the lowest in 140 days, according to the Union Health Ministry data updated on Wednesday. The active cases comprise 1.21% of the total infections, the lowest since March 2020. The COVID-19 recovery rate stands 97.45%, the Health Ministry said. A total of 40,013 patients recovered in the last 24 hours.

90% cylinders given under Ujjwala scheme in disuse: Priyanka Gandhi

90% cylinders given under Ujjwala scheme in disuse: Priyanka Gandhi

Congress leader Priyanka Gandhi Vadra on Wednesday attacked the Modi government over the issue of high prices of cooking gas and said if the government is honest about its Ujjwala scheme it should give subsidy to the poor and reduce inflation.

Her attack on the government came a day after Prime Minister Narendra Modi launched Ujjwala 2.0 -- the second phase of the Pradhan Mantri Ujjwala Yojana (PMUY) -- by virtually presenting free LPG connections to some beneficiaries in Mahoba in Uttar Pradesh, where assembly elections are scheduled early next year.

KIMS Hospitals surges 10% on strong June quarter results

KIMS Hospitals surges 10% on strong June quarter results

Shares of recently listed healthcare facilities company Krishna Institute of Medical Sciences (KIMS) surged over 10 per cent to Rs 1,300 on the BSE in the intra-day trade on Wednesday after the company reported a strong 57 per cent growth in consolidated profit after tax (PAT) at Rs 92.0 crore for the quarter ended June 2021 (Q1FY22) on a sequential basis.

Ebitda (earnings before interest, taxes, depreciation, and amortization) was up 41 per cent quarter on quarter (QoQ) at Rs 147.9 crore, while margins improved 200 basis points (bps) to 31.0 per cent in Q1FY22 from 29.0 per cent in Q4FY21.Consolidated revenue grew 31.6 per cent QoQ at Rs 477.50 crore from Rs 362.70 crore in previous quarter.

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