Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/sebi-bars-future-group-ceo-kishore-biyani-from-accessing-securities-market-for-1-year/articleshow/80670987.cmsSynopsis Kishore Biyani won’t be allowed to buy, sell or deal in securities of Future Retail for two years. MUMBAI: India’s market regulator on Wednesday barred Future
Category: Company Specific News
Bharti Airtel Q3 results: Telecom giant returns to black, reports net profit of Rs 854 cr; revenue grows 6% – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/earnings/bharti-airtel-q3-results-telecom-giant-returns-to-black-reports-net-profit-of-rs-854-cr-revenue-grows-6/articleshow/80668809.cmsSynopsis The company’s consolidated revenues in the quarter grew 6 per cent quarter-on-quarter to Rs 26,517.8 crore. MUMBAI: Bharti Airtel today reported a consolidated net
Hdfc Ltd.: Expansion of HDFC margins unlikely in Q4: Keki Mistry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/expansion-of-hdfc-margins-unlikely-in-q4-keki-mistry/articleshow/80671035.cmsSECTIONSExpansion of HDFC margins unlikely in Q4: Keki MistryLast Updated: Feb 03, 2021, 06:43 PM ISTSynopsis There may not be scope for margin expansion
Flipkart Wholesale strengthens commitment to MSMEs with infrastructure boost–the economic times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/flipkart-wholesale-strengthens-commitment-to-msmes-with-infrastructure-boost/articleshow/80669538.cmsSynopsis Flipkart Wholesale customers will have access to an easy credit facility to manage cash flow, a range of Flipkart assured quality products, simple
Flipkart Wholesale adds grocery to cart – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/flipkart-wholesale-adds-grocery-to-cart/articleshow/80671102.cmsSynopsis As a start, the grocery category will be available to retailers in Gurugram who can order products from the Flipkart Wholesale app Flipkart Wholesale,
RBI appoints external firm to audit HDFC Bank’s IT infrastructure | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-appoints-external-firm-to-audit-hdfc-bank-s-it-infrastructure-121020200619_1.html In December last year, irked at the repeated service outages, the RBI asked the lender to temporarily halt all its digital launches as
HDFC Q3 standalone profit slips 65% YoY to Rs 2,926 cr, revenue tanks 42.2% | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/hdfc-q3-standalone-profit-slips-65-yoy-to-rs-2-926-cr-revenue-tanks-42-2-121020200896_1.html Its consolidated net profit, attributable to the owners, however, came in at Rs 5,176.76 crore for the quarter under review, clocking an improvement
Rise in expenditure marginal but shift in its composition significant, says Dr Rangarajan – -BUDGET 2021: –The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-rise-in-expenditure-marginal-but-shift-in-its-composition-significant-says-dr-rangarajan/2185873/ Union Budget 2021 India: Economist and the former governor of the Reserve Bank of India (RBI) Dr C Rangarajan who has been watching
Shree Cements Q3 profit jumps over two-fold to ₹632 cr – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/shree-cements-q3-profit-jumps-over-two-fold-to-632-cr/article33703118.ece?homepage=true Revenue from operations was up 12.57% at ₹3,541.38 crore during the quarter against ₹3,146.01 crore in the year-ago period Shree Cements on Saturday
ICICI Bank’s Q3 net profit increases 17% to Rs 5,498 crore | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/icici-bank-s-third-quarter-net-profit-increases-17-pc-to-rs-5-498-cr-121013000733_1.html Its total income increased to Rs 24,416 crore from the year-ago’s Rs 23,638 crore, while the total expenditure was lower at Rs 15,596
Tata Motors Q3 results: Net profit rises 67% to Rs 2,906 crore on higher sales–business today
Clipped from: https://www.businesstoday.in/current/corporate/tata-motors-q3-results-net-profit-rises-67-to-rs-2906-crore-on-higher-sales/story/429562.html Jaguar Land Rover saw strong sequential recovery during the quarter in retail sales in all the markets, except UK. On a standalone basis,
IndiGo reports Q3 loss of Rs 620 cr, revenue drops 51% YoY to Rs 4,910 cr | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/indigo-reports-q3-loss-of-rs-620-cr-revenue-drops-51-yoy-to-rs-4-910-cr-121012801095_1.html The pre-tax loss came in at Rs 623.1 crore for the quarter under review, compared with pre-tax profit of Rs 556.5 crore clocked
State Bank of India asset quality remains healthy: Chairman Khara | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/state-bank-of-india-asset-quality-remains-healthy-chairman-khara-121012800864_1.html The faster-than-expected economic recovery may limit the impact to lenders’ balance sheets, Khara said The asset quality situation at State Bank of India
Aditya Birla Fashion buys 51% stake in luxury designer brand Sabyasachi | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/aditya-birla-fashion-buys-51-stake-in-luxury-designer-brand-sabyasachi-121012701507_1.html Founded by Sabyasachi Mukherjee, the “Sabyasachi” brand is India’s largest and most influential luxury designer brand with strong Indian roots and global appeal
Will take up to a year before pvt sector opens purse to capex: L&T chief | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/will-take-up-to-a-year-before-pvt-sector-opens-purse-to-capex-l-t-chief-121012600620_1.html The firm’s MD & CEO, S N Subrahmanyan, says L&T has reached pre-covid levels and aims to become debt free Despite a slowing
Commercial power demand pick-up to take 6 months: Tata Power DDL CEO | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/commercial-power-demand-pick-up-to-take-6-months-tata-power-ddl-ceo-121012500308_1.html “Ultimately, it is state discoms that do not have the desired level of performance. Private discoms have a good level of service and
Marico Q3 results: Profit up 13% at Rs 312 crore, India revenue rises 18%–business today
Clipped from: https://www.businesstoday.in/current/corporate/marico-q3-results-profit-up-13-at-rs-312-crore-revenue-from-india-rises-by-18/story/429257.html Marico Q3 results: India business delivered a turnover of Rs 1,627 crore, up 18 per cent on a YoY basis, on the back
HUL Q3 results: Profit rises 19% to Rs 1,921 crore, sales up 20%–business today
Clipped from: https://www.businesstoday.in/current/corporate/hul-q3-results-profit-rises-19-to-rs-1921-crore-revenue-up-20/story/429253.html HUL Q3 results: The revenue from operations stood at Rs 11,682 crore, up 20.48 per cent YoY and 3.6 per cent quarter-on-quarter (QoQ)
TikTok slashes staff but vows to stay put in India–business today
Clipped from: https://www.businesstoday.in/technology/news/tiktok-slashes-staff-but-vows-to-stay-put-in-india/story/429249.html TikTok ban: The company said that while initially it had hoped that this situation would be short lived, and would be resolved quickly,
Axis Bank Q3 net profit down 36% – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/axis-bank-q3-net-profit-down-36/article33676489.ece?homepage=true Private sector lender Axis Bank reported a 36.4 per cent drop in net profit in the third quarter of this fiscal despite a
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