FIIs need to come back as young investors are now abandoning equities for crypto: Ajay Srivastava

“Domestic retail investors have done a phenomenal job to support the market, but if FIIs do not come back and global capital does not come in, it will be very difficult for the market to regain its mojo,” it says. Ajay Srivastava, CEO, Dimension Corporate Finance. Fundraising for any EV business gets the market excited. … Read more

Aurobindo Pharma Q2 results: Net profit declines 2.1% YoY to Rs 697 crore

MUMBAI: Net profit declined 2.1 per cent to Rs 696.7 crore in the second quarter ended September on a year-on-year (YoY) basis due to decline in sales of the antiretroviral (ARV) formulation. The drugmaker’s net profit stood at Rs 711.4 crore in the same quarter last year. Revenue declined by 2.1 per cent to Rs … Read more