LiveREC Net Profit Jumps To Rs 2,197 Cr in Sep Quarter
New Delhi State-owned firm REC Ltd. on Friday posted an over 66 per cent jump in its consolidated Net Profit to Rs 2,197.14 crores for the September...
Category : BUSINESS
ITC Q2 Net Profit Drops 19.65% to Rs 3,232.40 Cr
India’s largest cigarette maker, ITC Ltd. on Friday reported a drop of 19.65 per cent September quarter profit of Rs 3,232.40 crore on a year-on-year (YoY) basis...
ICICI Prudential Raises Rs 1,200 Crore via NCD Sale
On Friday, India’s leading private sector life insurer ICICI Prudential Life Insurance Company said that it has raised Rs 1,200 crore of debt capital through...
Ashok Leyland Reported Loss of Rs 147 Crore in Q2FY21
Hinduja Group-owned Ashok Leyland Ltd. on Friday reported a loss of Rs 147 crore for the quarter ended on September 30, against a profit of Rs...
Indian Overseas Bank Reported Q2 Net Profit of Rs 148 Crore
On Friday, State-owned Indian Overseas Bank posted a net profit of Rs 148 crore for the quarter ended on 30 September, 2020, as bad loans and provisions...
Amazon Web Services to Invest $2.77 Billion in Telangana
KT Rama Rao, Telangana Minister for IT and Industries on Friday said that Amazon Web Services (AWS) will be investing $2.77 billion (around Rs 20,761 crore) for...
Tata Group in Talks to Pick Majority Stake in 1mg
Indian multinational conglomerate, Tata group is in talks with online pharmacy 1mg for acquiring a majority stake, said the people aware of the matter. The group with its...
PIF Buys 2.04% Stake in Reliance Retail for Rs 9,555 Cr
On Thursday, the sovereign wealth fund of Saudi Arabia, Public Investment Fund (PIF) invested Rs 9,555 crore for a 2.04 per cent stake in Reliance Retail...
Bajaj Electricals Reported Q2 Net Profit of Rs 53 Crore
Indian consumer electronics manufacturer, Bajaj Electricals Ltd. on Thursday reported a consolidated net profit of Rs 53.11 crore for the quarter ended September 30, on account of...
HPCL Rallied 6% on Approval of Share Buyback Plan
Shares of Hindustan Petroleum Corporation (HPCL) jumped 6 per cent in Thursday’s early trade after the company’s board approved Rs 2,500 crore share buyback plan as its...