Pharma major Lupin announced on Tuesday that YL Biologics, its joint venture with Yoshindo and Kyowa in Japan has submitted a new drug application for marketing authorization to the Pharmaceuticals and Medical Devices Agency.

ICICI Bank, one of India's largest private sector banks, posted Q4FY18 and full year results on Monday. The NII for the quarter rose by 1 per cent in Q4FY18 vs Rs. 5,962 crore in Q4FY17. This minimal growth was largely due to higher interest expenses, which increased by 8 per cent yoy. The interest income for the quarter rose by 5.1 per cent yoy.

To inspect and replace a possible faulty part, auto major Maruti Suzuki has planned a service campaign starting next week. The fault is detected in the brake vacuum hose of the company's most popular UV brands.

The board of directors have declared an interim dividend of Rs. 7 per share on equity share of Re. 1. The dividend will be paid on May 30, 2018.

The Indian mutual fund industry has kick-started its new financial year with robust AUM growth. Despite of the volatility in the Indian equity markets, assets under management of the industry rose by 1.37 lakh crore to reach its all-time high of Rs. 23.25 lakh crore as per AMFI data.

Interestingly, a lot of names have come up in the metal index.  

The market opened in green on July 29, 2021.

Asset allocation is the key to portfolio returns and hence it is paramount importance.

Credit rating helps to evaluate the likelihood of a debtor defaulting on his financial obligations.