LiveM-cap of 6 Leading Firms Drops Rs 76,640 Crore
The six valued companies witnessed a combined erosion of Rs 76,640.54 crore in market valuation last week, with HDFC Bank emerging as the biggest laggard....
Category : BUSINESS
RIL Q1 Results Consolidated Net Profit Falls 7%
Reliance Industries Ltd (RIL) had reported a consolidated net profit of Rs 12,273 crore for the three months ended June 30, 2021 (Q1FY22). This is...
CCB Digitises Account Opening for New Clients
Citi’s business focussed on emerging corporate clients with revenues of up to $1 billion annually. It has introduced digital account opening for new clients in...
Cobham Offers $3.6 Billion to Buy Defence Rival Ultra Electronics
Cobham Ltd has a $3.6 billion offer to buy Ultra Electronics in a bid that could draw surveys in Britain due to Cobham’s US ownership....
Mahindra Lifespace Zooms 19% to Consider Bonus Issue
Mahindra Lifespace Developers shares had zoomed 19 per cent to Rs 793.10 on the BSE in intra-day trade on Friday after the company announced that...
Mphasis Surges 12% Hits New High
Mphasis Ltd shares rallied 12 per cent to hit a new high of Rs 2,692.35 on the BSE in intra-day trade on Friday after the...
HUL Q1 Net Profit Rises 10% YoY to Rs 2,061 Crore
Hindustan Unilever (HUL), the fast-moving consumer goods (FMCG) maker, had posted a standalone net profit of Rs 2,061 crore for the quarter ended June 2021,...
Jindal Stainless Signs MoU With Tata Steel Mining
Jindal Stainless Limited shares had advanced 10 per cent at Rs 135.40 on the BSE in the intra-day trade on Thursday after the company signed...
Byju’s Buys US-Based Epic For $500 Million
Byju’s has acquired US-based digital reading platform Epic for $500 million. Byju’s has also decided to invest an additional $1 billion in the North American...
Unilever Announces 5% Fall in Net Profits
British consumer goods group Unilever announced a fall in first-half net profits on rising costs. Profit after tax fell 5 per cent to $3.68 billion...