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Bayer CropScience drops to 52-week low, down 7% on weak Q2 results

Bayer CropScience drops to 52-week low, down 7% on weak Q2 results

Shares of Bayer CropScience hit a 52-week low of Rs 4,677.85, down 7 per cent on the BSE in Tuesday’s intra-day trade after the company reported 31 per cent year-on-year (YoY) decline in net profit at Rs 154.10 crore for the September quarter (Q2FY22). The agrochemicals company had posted net profit of Rs 224.6 crore in Q1FY21.

The previous 52-week low of the stock was of Rs 4,928.25 touched on March 25, 2021. At 01:16 pm; the stock was trading 6 per cent lower at Rs 4,705, as compared to 0.05 per cent decline in the S&P BSE Sensex.

Tata Motors shrugs Q2 loss, stock up 5% on good JLR operational performance

Tata Motors shrugs Q2 loss, stock up 5% on good JLR operational performance

Shares of Tata Motors were up 5 per cent at Rs 509.95 on the BSE in Tuesday’s intra-day trade after the company’s wholly owned subsidiary - Jaguar Land Rover UK reported good operational performance in July-September quarter (Q2FY22). The management said JLR expects to see gradual recovery starting in the second half (October-March) of FY22.

JLR expects the earnings before interest tax (EBIT) margin and free cash flow (before restructuring costs) to turn positive in the second half of Fiscal 2022.

India will always strengthen any effort for sustainable development: Modi

India will always strengthen any effort for sustainable development: Modi

India will always strengthen any effort for sustainable development, Prime Minister Narendra Modi said on Tuesday after Ursula von der Leyen, the President of the European Commission described India as a key partner in combating climate change.

Prime Minister Modi again met Leyen during the COP26 Climate Summit here on Monday. President of the European Council Charles Michel and Leyen had met Modi in Rome on Friday on the sidelines of the G20 Summit.

Daily Covid-19 cases in country lowest in 259 days, death toll at 458,880

Daily Covid-19 cases in country lowest in 259 days, death toll at 458,880

India added 10,423 new coronavirus cases, the lowest in 259 days, while the active cases declined to 1,53,776, the lowest in 250 days, according to the Union Health Ministry data updated on Tuesday.

With the fresh cases, India's COVID-19 tally climbed to 3,42,96,237.

No drugs found in Aryan Khan's possession, claims D'Souza citing Gosavi

No drugs found in Aryan Khan's possession, claims D'Souza citing Gosavi

Sam D'Souza, whose name had cropped up in connection with the pay-off allegations surrounding the drugs-on-cruise case, on Monday claimed that he was told by NCB witness K P Gosavi that no drugs were found in possession of Aryan Khan, son of Bollywood superstar Shah Rukh Khan, during the raid last month.

He also claimed that NCB officials were not corrupt as Gosavi and Prabhakar Sail, an independent witness, were calling each other over the phone by saving NCB Mumbai chief Sameer Wankhade's name in their mobile phones to pretend as if he was in touch with them.

Urgent need to address manpower shortage in medical profession: VP Naidu

Urgent need to address manpower shortage in medical profession: VP Naidu

Vice President Venkaiah Naidu on Monday emphasised the need to address the problem of manpower shortage in the medical profession.

He said that the COVID-19 pandemic has highlighted the need for expansion of India's health infrastructure at the primary, secondary and tertiary levels.

Money laundering: ED arrests ex-Maharashtra home minister Anil Deshmukh

Money laundering: ED arrests ex-Maharashtra home minister Anil Deshmukh

Former Maharashtra home minister Anil Deshmukh was arrested by the Enforcement Directorate (ED) late Monday night after over 12 hours of questioning in a money-laundering case linked to an alleged extortion racket in the state police establishment, officials said.

They said Deshmukh, 71, has been arrested as per the provisions of the Prevention of Money Laundering Act (PMLA).

Sebi bans Proficient Research, its partners from markets for 4 years

Sebi bans Proficient Research, its partners from markets for 4 years

Markets regulator Sebi on Monday restrained Proficient Research and its partners from accessing capital markets for four years for engaging in investment advisory services without obtaining requisite registration.

Such certification is mandatory under Investment Advisers Regulations, 2013.

Partners of partnership firm Proficient Research were Vidhi Singh Parihar, Mohd. Sohail Khan and Altamash Sheikh.

Facebook denies Kazakh claim of exclusive access to content reporting

Facebook denies Kazakh claim of exclusive access to content reporting

Facebook owner Meta Platforms on Tuesday denied a claim by the Kazakh government that it had been granted exclusive access to the social network's content reporting system.

In what it called a joint statement with Facebook, the Kazakh government had touted the move as a compromise solution on Monday, after the Central Asian nation threatened to block Facebook for millions of local users.

No tie-up with airlines for govt staff after Air India-Tata deal

No tie-up with airlines for govt staff after Air India-Tata deal

Post handing over of Air India to the Tatas, government officials will be free to book their travel with any airline that offers them the best price.

And, the Centre will not have a tie up with any carrier, department of investment and public asset management (DIPAM) Secretary Tuhin Kanta Pandey said.

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