Bank of Baroda Q4 business update

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Bank of Baroda Q4 business update 

The state-owned lender said its total advances grew by 19% YoY to ₹9.7 lakh crore as on 31 March 2023. Meanwhile, its deposits saw a double-digit growth of 15.1% YoY to ₹12.04 lakh crore during the same period.  

⭐ Kalpataru Power bags new orders

The power sector company and its international subsidiaries have secured multiple orders worth ₹3,079 crore. These new orders came in the month of March 2023 to till date in April. As per management, new orders will enhance the orderbook and improve its market position.

⭐ Shilpa Medicare gets USFDA nod

The pharma company has received USFDA approval for a new drug, Apremilast tablets. According to IQVIA, the US market for this tablet is $3.5 billion.


Global markets (at 9:00 AM today)

Indices Today's movement
SGX Nifty  0.22%
Nikkei 225 (Japan) 1.36%
Hang Seng (Hong Kong)  0.79%
SSE Composite (China) ▼ 0.34%
Dow Jones (US) (April 10)  0.12%
NYSE (US) (April 10)  0.31%
Nasdaq (US) (April 10) ▼ 0.03%
S&P 500 (US) (April 10) ▼ 0.15%

Fact of the day

Global PC shipments fell by 29% to 56.9 million in the first quarter of 2023

Source: Economic Times

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